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Thread: How to mine one million dollars in bitcoin on an $800 laptop

  1. #1

    How to mine one million dollars in bitcoin on an $800 laptop

    https://www.digitaltrends.com/comput...ng-on-laptops/

    Here’s the thing: Just about any device capable of banging a few numbers together can contribute to a cryptocurrency mining pool, and that means almost any device can technically mine any cryptocurrency you choose, even Bitcoin.

    Thing is, it might take you a little while.

    Setting up

    For our tests to figure out how long it might take you to make, say, $1,000,000 in Bitcoin using just a couple laptops, we used user-friendly mining pool NiceHash. Getting set up on NiceHash is as simple as creating an account and downloading a free software suite. Once it finishes installing, connect your NiceHash wallet by signing into the app, and then all you have to do is click start, and you’ll be rolling in bitcoins in no time!

    A dip in the pool

    To figure out how long it’d take for us to strike it rich mining with just a laptop, we used an Asus ZenBook UX330UA with an integrated graphics chip. Just in case, we also had a couple others standing by — a Dell Inspiron 15 Gaming, a Dell XPS 13, a Microsoft Surface Pro, and a MacBook Pro 15.

    First, we ran the ZenBook on its own for about 24 hours to establish a baseline, but pretty soon after that we realized our little pool was going to need more power if we wanted to come anywhere close to our goal of $1,000,000 in bitcoin, so we fired up all of our laptops, bringing some serious horsepower to bear on the task.

    Doing that was as simple as installing the NiceHash software on each laptop and connecting them all to our NiceHash wallet. After we left ’em running for another twenty-four hours, we were starting to see some real results.

    Results

    How much did we make with all of our laptops toiling away in the bitcoin mines? Well, we made about nine cents a day with just one laptop, and with all of them running we made around forty cents a day, give or take, depending on the current price of Bitcoin. That means it would take us an excess of 6,800 years to become bitcoin millionaires from mining off just a couple laptops.

    So, while you can mine Bitcoin — or any other cryptocurrency — from any old laptop, you probably shouldn’t. Unless you have a couple thousand years to spare.
    (their revenues did not count the cost of the electricity they used)
    Last edited by Zippyjuan; 04-01-2018 at 02:45 PM.



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  3. #2
    bitmain.com
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  4. #3
    Shoot, just use the laptop to write a nice whitepaper and do an ICO. Far faster way to get a million from crypto...
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  5. #4
    Quote Originally Posted by kpitcher View Post
    Shoot, just use the laptop to write a nice whitepaper and do an ICO. Far faster way to get a million from crypto...
    Buying an $800 laptop to mine crypto is like hearing that gold miners use diamond encrusted drill bits to dig through the earth and then buying a diamond necklace to mine gold.

    That is one of the most retarded premises for an article I've ever read.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  6. #5
    It would make sense if you could generate electricity yourself:


  7. #6
    Quote Originally Posted by timosman View Post
    It would make sense if you could generate electricity yourself:

    The best way to do this is with an electric bicycle.

  8. #7
    I would rather invest in bitcoin or Ethereum. You can still earn some money from it anyway. There are also some nice services like https://www.crosslytics.com/c/ethereum/predictions/ which can help with some predictions and just info on different currencies. I think you will find it interesting to you, good luck
    Last edited by Davideer; 04-18-2018 at 06:57 AM.



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