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Can I mine bitcoin on m1 Mac?

Posted on August 25, 2022 by Author

Can I mine bitcoin on m1 Mac?

M1 Pro MacBook Pro cryptocurrency mining ‘insanely efficient’ and profitable, but not worth it. If some world class apple and crypto mining programmer put his hands on it, magical things would happen. It’s basically both the most efficient generalized CPU and the most efficient programmable ASIC too.”

Can you mine with a Mac mini?

Yes I can mine Bitcoin on a Mac mini. The most simple way to mine crypto on a Mac is using a mining software called Minergate.

Can you bitcoin mine on a Mac?

The most simple way to mine crypto on a Mac is using a mining software called Minergate. You can download the GUI(Graphical User Interface) version here. The GUI Version is simple and recommended.

What equipment do I need for Bitcoin mining?

You need either a GPU (graphics processing unit) or an application-specific integrated circuit (ASIC) in order to set up a mining rig.

Can the Apple M1 run a bitcoin node?

Therefore devices with low specs such as mobiles typically tend to run light nodes. However, the Apple M1 computer got the job done to set up a full node for Dorsey. M1 can sync a Bitcoin node with a few hours, unlike many other consumer-grade PC chips. The Twitter CEO been a massive supporter and investor in Bitcoin since 2014.

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Can the Apple M1 chip be used for cryptocurrency mining?

This isn’t the first time someone’s used the M1 for mining. CryptoAge reported in December 2020—just one month after the first Macs featuring the chip debuted—that XMRig’s developers had experimented with mining the Monero cryptocurrency. The experiments yielded similar results.

Can You Mine on a MacBook Air with an M1 processor?

Zensors software engineer Yifan Gu found a way to make the ethminer utility run on a MacBook Air featuring the M1 processor. It required a bit of setup, but Gu made the code available on GitHub, so curious Mac owners can check it out themselves. This isn’t the first time someone’s used the M1 for mining.

Is it worth it to buy the M1?

Click to expand… No, agreed that it’s not worth it since the M1 would be competing with ASICs and most likely end up consuming more power than desired (plus other uses for M1 than Bitcoin). No. And buying bitcoin has always been more profitable than buying dedicated mining hardware.

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