Is cpu mining worth it?

[Jamil367]

So i have an i5 2500k pc collecting dust and wanted some use out of it so i wanted to know if it will make profit and if so what currency

[Lurick]

Profit? No way.

If you want to do it for fun, download NiceHash and let it pick the best coin to mine for you. You will not make money though.

[Jamil367]

What about if i overclock

[Colexd]

no

[pelark]

2 minutes ago, Jamil367 said:

What about if i overclock

You'll draw more power, diminishing returns. Not worth it

[Bananasplit_00]

I don't think there is any coin you can make a profit on with a CPU, they draw more power then they mine in coin value

[Antistatic12]

20 minutes ago, Jamil367 said:

So i have an i5 2500k pc collecting dust and wanted some use out of it so i wanted to know if it will make profit and if so what currency

Download NiceHash miner and use it for a week or two and see where you stand. See if it is worth you time and resources.
You will most likely be mining at a loss. But some people are ok with that.
example, somebody might mine at a loss and exchange the BTC they make into alt coins like doge just for the novelty of owning some coins.

You may wont to look at other types of mining. It seems HDD/SSD mining is becoming more well known and that means more and more coins will potentially be created to utilize that. Which could mean HDD/SSD prices skyrocket like Graphic cards prices have, but it is to soon to tell if that will happen. Have a google and you could find newer coins that will be easier to mine.

18 minutes ago, Lurick said:

If you want to do it for fun, download NiceHash and let it pick the best coin to mine for you. You will not make money though.

As far as I have seen and according to the NiceHash team on reddit. for CPU mining only CryptoNight algorithm is supported. (atleast for now)
For GPU's however NiceHash will as you say "pick the best coin to mine for you."

[Lurick]

Just now, Antistatic12 said:

-snip-

Makes sense. I've never done CPU mining so I wasn't sure if it benchmarked all coins or just had a couple for the CPU. Good to know  

[rn8686]

Not worth it, especially with that. 

[porina]

If you get electricity for free...

[Jamil367]

Isnt it worth it just for a future investment of the currency

[Lurick]

1 hour ago, Jamil367 said:

Isnt it worth it just for a future investment of the currency

No, you'll have to hope the currency spikes by like 1000% or more to make back money.

[Daniel644]

in a word

 

NO

 

in two words

 

FUCK NO!!!!!!!!!!!!

 

to give you a frame of reference the 860m mobile 2gb GPU in my laptop beats out the hashrate of a 6700k overclocked to 4.5Ghz by a factor of like 5 (if I remember correctly) and uses less power, CPU mining is 100% pointless, you would make maybe a penny a day if your electricity was 100% FREE, maybe a few years ago when Etherium was worth like 6 cents and was far less difficult to mine you could do it with a CPU and sit on it till today with it around 300 dollars then you might make some money. But banking that much money on the hopes a coin will take off is just foolish, might as well find an exchange that would sell you the coin outright, you'd get more of it for the money spent and you could hold onto it waiting and hoping it takes off.

[TheMoooh]

You can try nicehash, it will run the cryptonight algorithm. GPUs are not good at this particular algorithm. But, I don't know whether a 2500k will be profitable. I think this one draws a lot of power. I'm getting around 1 kH on my 2x E5-2670 (16 cores) and it uses 178W (both cpus)- the return is 200% of the electricity cost. 

[GOTSpectrum]

On 12/08/2017 at 11:50 AM, Jamil367 said:

So i have an i5 2500k pc collecting dust and wanted some use out of it so i wanted to know if it will make profit and if so what currency

If all you're wanting is too get some user out of it, why don't you consider joining our folding at home or BOINC team? You'll get some use and help out a cause at the same time.

[Legolessed]

On 8/12/2017 at 3:50 AM, Jamil367 said:

So i have an i5 2500k pc collecting dust and wanted some use out of it so i wanted to know if it will make profit and if so what currency

You could always done load minergate see your h/s on it. Pull out an online calculator and see how much you'll earn

[TheSaint]

By way of example, here's the current rig I have setup and tested with CPU mining using the latest version of NiceHash:

 

CPU Mining = .00007135 BTC per day, which roughly equals at current exchange rates approximately $0.31 per day.

 

I have a stock Intell 6700k running at 4.0 ghz in my machine. Unless you have free electricity, you won't see anything back in the way of CPU mining, and very little at that. The only thing that could change that would be massive inflation of a cyrptocoin, then selling all your earnings. Still, those are long odds and assume you have free electricity in the first place.

[knightslugger]

13 hours ago, TheSaint said:

By way of example, here's the current rig I have setup and tested with CPU mining using the latest version of NiceHash:

 

CPU Mining = .00007135 BTC per day, which roughly equals at current exchange rates approximately $0.31 per day.

 

I have a stock Intell 6700k running at 4.0 ghz in my machine. Unless you have free electricity, you won't see anything back in the way of CPU mining, and very little at that. The only thing that could change that would be massive inflation of a cyrptocoin, then selling all your earnings. Still, those are long odds and assume you have free electricity in the first place.

Just looked at my NH App and my Cryptonight worker (that'd be my 1700x) is pulling about $1.50/day, or about .339mBTC