Is Acer Nitro 5 good for mining?
The best laptop for crypto mining is the 2020 Acer Nitro 5. Another advantage the Nitro 5 has is its all-plastic body, which may make it look and feel cheap, but it will take longer to scorch compared to its metal counterparts.
Should I mine crypto on my gaming laptop?
You should NOT mine anything using a laptop, gaming or otherwise. Mining use up a lot of electricity and generate heat, which is not good for components that are tightly packed in a laptop. Also a laptop would not be powerful enough to actually do any meaningful mining.
How long does it take to mine 1 monero?
Monero has an average block time of 2 minutes, meaning that there are approximately 720 blocks per day. Your expected reward is proportional to your share of the network hashrate. The current hashrate is ~23.3 MH/s (http://moneroblocks.info/), or 23300000 H/s.
Can I mine monero with my laptop?
Monero is a Proof of Work cryptocurrency that can be miner with computational power from a CPU or GPU. There are currently no ASICs for Monero, which means that anyone with a computer can mine it.
Is Mine Cryptocurrency still profitable?
Bitcoin mining is the process by which new bitcoins are brought into existence—a process that is capped at 21 million BTC, according to the Bitcoin protocol. Today, mining Bitcoin as an individual is rarely profitable unless someone has access to extra low-cost electricity.
Is mining on laptop profitable?
That being said, most laptops have hardware that is focused on battery life rather than performance, and those laptops never would have been profitable. CPU mining has been unprofitable this whole year, and has been low enough that I would say it’s not worth it for years.
Is mining Monero worth it?
Believe it or not, mining Monero is definitely worth it! There’s no other crypto like this unique digital asset because of its presence of CryptoNight algorithm.
How long does it take to mine 1 monero on a laptop?
As of Saturday, December 25, 2021, it would take 446.3 days to mine 1 Monero at the current Monero difficulty level along with the mining hashrate and block reward; a Monero mining hashrate of 4,200.00 H/s consuming 450.00 watts of power at $0.10 per kWh, and a block reward of 2.15 XMR.
Is mining worth it 2021?
Is Bitcoin Mining Profitable or Worth it in 2021? The short answer is yes. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020.
Can you mine Monero with a computer?
Anyone with a computer can mine Monero. With that said, the more powerful the hardware, the better. There are several ways to mine Monero, but before we get into that, you need to know what a Monero mining pool is. Before you start mining, you need to decide whether you’re going to mine Monero on your own, or will you join a Monero mining pool.
Is Monero mining more profitable than bitcoin mining?
Yes, but it also depends on what kind of computational power you have. Monero mining gets more profitable with more PoW power, the improvement compared to Bitcoin is it does not get disproportionately more profitable with increasing power, the relationship is “only” linear.
How long does it take to mine a Monero coin?
Do you know how long it takes to mine one Monero coin? A Monero block is mined every 2 minutes, and we know that the current reward for mining transaction block is 4.99 XMR. So, by doing the simple math, we know that 1 XMR is mined every 24 seconds.
What is the best GPU for Monero mining?
If you are serious about Monero mining, then using a GPU is a better option. Even though it requires a larger investment, it offers a significantly higher hash rate. AMD graphics cards are a great option to consider for GPU Monero mining. Consider purchasing an AMD R9 280x or go for the more recent AMD Radeon Rx 580.