How Much BitcoinDark BTCD Can I Mine With My Computer

Mar 7, 2017 - How could one bitcoin transaction possibly use this much electricity? First, a bit of context about mining. Bitcoin transactions are secured by computer 'miners,' which currently compete for a reward of brand-new bitcoins from the network (the block reward). The more computation power you deploy, the. Without a GPU or with a weak GPU then all a basic computer can do is CPU mining. How to Mine Bitcoin on a Mac. BitcoinDark (BTCD). Jul 19, 2014 - [ANN] BitcoinDark (BTCD)--Financial_Privacy/SuperNET_Core/InstantDEX/PAX/Divs. My Bitcoindark wallet I put on my computer is show wallet offline and no connections. Could someone tell me. If you are still mining BTCD on GameOfCoins.net you should stop since POW is now finished blocks will no longer be found. How to Mine Dash; Ethereum Mining. BitcoinDark (BTCD) Home / Cryptocurrency / BitcoinDark. Hashgains Mining Plans.

I used BFGMiner which works through the Mac's terminal. The system was using both the central processor and the video card generating about 16 MHs/s. It's a 2014 MacBook Pro, very decent machine for video editing and the likes but it proved to be totally surpassed by the task.

The pool I used was AntPool. I did it just as an experiment, I'm not that stupid. I know even with an Antminer S9 you'll struggle to earn real amounts. Anyways, I thought I'd share this if anyone is curious. BTW I know there are calculators out there but I wanted to do a real life test.

And sooo after 33 hours of mining at full performance of a MacBook Pro I earned. 0.00000001 BTC. Yes, that means that after 3 years running straight uninterrupted like this I would have USD$0.02 in BTC (at present value). Conclusion, unless 1 BTC becomes equivalent to 1 billion dollars (which as a hodler, I hope it will), don't try to mine using your laptop. It was fun anyway. At least I can now say that I have actually mined BTC.:D TL;DR Mining, you would have to run a MacBook Pro for 3 straight years at full performance in order to earn USD$0.02 (at present value).

I suppose there is some function of network hash rate to kW hours. I am guessing there is a limit to the hashing efficiency of silicon. So you just need more and more power as the hash rate/difficultly grow. I remember when people talked about putting a solar panel on a satellite and having it mine from earth orbit. To pay for itself. At some point I think all nodes were 'wallets'/miners.Then there were 'thin wallets', right around the time mining rigs started being a thing to 'preorder'. My memory is a bit foggy.

That's right. Difficulty is a function of hash rate and block time. As hash rate grows, difficulty is increased to maintain block times.

When I say power, I am referring to electric power. To add hash rate, generally, people consume more electric power. Hash rate also climbs because of ASIC development. This whole tendency (mining for profit) won't last past 2025 in my opinion. Best Bitcoin Gold BTG Mining Contract.

Crypto will move from blockchain to DAG's, and mining will be used to confirm transactions, not lord over network users while taking in millions in profits per day. The model of crypto where mining for profit and ubiquitous use of crypto both exist is a paradox. It was worthless at the time. By the time it had traction and there was an exchange for trading. Profit Monero XMR Mining on this page. It was less than 1usd I think.

The legend is of course the 10000 btc for a 20USD pizza ordered over the Atlantic ocean. The moment btc became valuable. Mmmm, pizza, 2.5M USD/slice. Every 4 years I think, the mining reward halves. That's why it's digital gold.

The rush is ending, the scarcity + demand is deflationary. It's academically and experimentally such an amazing phenomenon to experience. Just hope greedy humans don't ruin it for everyone (ie. Break the network).

EDIT: Halvening period • • • • •.

Questions have been asked about the BTCD's pre-mine (~24,800 BTCD or ~1.5% of the total 1.6 million PoW Coins) here is the breakdown: P.S.