this post was submitted on 31 Dec 2024
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In b4 "You wont make a profit"... i know, i want to use my computer to heat my apartment. i figure that even if i'm making a "loss" each month on the mining it's still cheaper than running my apartments electric heaters when you account for the sold (or not) bitcoin.

I've been doing well keeping things warm by Folding at home on the CPU but apparently AMD GPUs aren't supported for that and i want to put my GPU to work too.

I briefly mined some litecoin in like 2013/14 when BTC was just about popping off. other than that i have no mining experience (and i would have been using windows back then)

Need to sort something soon, Jan and Feb are probs the coldest months in the UK and i have gotten this far this year without using the heaters

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[–] some_guy@lemmy.sdf.org 17 points 3 months ago (1 children)

Or maybe don’t participate in bitcoin.

[–] PrettyFlyForAFatGuy@feddit.uk 9 points 3 months ago (2 children)
[–] arsCynic 2 points 3 months ago

Crypto Cult Science
“Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin's shortcomings, a financial instrument that brings out the worst in people—greed—won't change the world for the better.” —https://www.arscyni.cc/file/crypto_cult_science.html

[–] OsrsNeedsF2P@lemmy.ml 17 points 3 months ago

As others said, you probably want to mine something like Monero instead of Bitcoin, since you literally won't even make a penny (even if you had free electricity) mining BTC.

Gupax (https://gupax.io/) is quite good for this, it makes it as simple as one-click run

[–] HappyTimeHarry@lemm.ee 16 points 3 months ago (2 children)

Head over to moneroocean.stream or unminable.com and mine whatever GPU coin has the highest return.

Avoid nicehash, they used to be popular but recently started nickle and dining fees for all kinds of stupid reasons.

[–] PrettyFlyForAFatGuy@feddit.uk 1 points 2 months ago (1 children)

does unminable support linux? i can only find windows binaries on their site

Monero seems to be a CPU mined coin. everything i have read says "don't bother mining monero on GPU it's very inefficient"

[–] HappyTimeHarry@lemm.ee 1 points 2 months ago (1 children)

The software from Unminable is Windows only but you can mine on them with any other Linux based mining software.

Monero isn't directly mined with GPU but if you look under "coins" section on moneroocean you can mine other algorithms and get paid in XMR using them.

[–] PrettyFlyForAFatGuy@feddit.uk 1 points 2 months ago

Thanks, i figured it out and have been mining ravencoin, whatever that is. I have 10 of them now.

60p towards my heating bill today, not much but it's something

[–] Shadow@lemmy.ca 5 points 3 months ago (1 children)

Nicehash is an easy way to get started.

[–] HappyTimeHarry@lemm.ee 10 points 3 months ago (1 children)

Perhaps you've not uses them in a while but nicehash is absolute garbage now.

[–] Shadow@lemmy.ca 1 points 3 months ago

Ah no, I haven't mined in years. That sucks to hear, they used to be an easy thing to point people at.

[–] kittenroar 2 points 3 months ago

Mine ravencoin instead.