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11254115 No.11254115 [Reply] [Original]

How would you go about buying hashpower from normies?

Think about this. I have a friends circle (inb4 larp) who are all normie gaymers with mid- to high-end gaming PC's. I myself already have a 4x GPU mining rig, and was thinking about grabbing a GTX 1070 or something to boost my hashpower.

But then I thought, why not be entrepreneurial about it and work smarter not harder - if I could convince my friends to run a mining program in the background on each of their computers, all pointing to my own wallet, I could pay them a few bucks a month to do it as long as I'm making more than that from their hashpower.

Theoretically, it'd be win-win: they'd probably be confused at first, but if you count out the complicated setup process, they're happy because they're making some extra dough for apparently no work on their part besides keeping a little .exe open all the time; and I'm meanwhile collecting a bit of passive income, with the added bonus of free moon potential if I have them mine some obscure shitcoins that end up mooning.

>> No.11254162

>>11254115
I used to GPU mine on my own PC (when not gayming) and it sometimes caused crashes and overall kept my work environment less than optimal
wouldn't recommend

>> No.11254180

>>11254115
just buy hashpower from nicehash and set your friends up with nicehash.

sounds like you're trying to use your friends and pay them below market rate. what a great guy you must be.

>> No.11254265
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11254265

Now as far as profitability goes, obviously this starts to look bad in reality when you run some numbers. Assuming just 1 GPU each, no single one of my frens will ever be able to generate big bux of any sort:

>ETH with 1x GTX 1070 @ 30 MH/s:
>$15.90/mo
>XMR with the same @ 690 H/s:
>$11.10/mo
etc. and it pretty much gets worse from there.

But I have an idea for that too. CPU-MINED COINS, NIGGER

There are a number of coins that are really pushing the whole ASIC resistance as a feature, and some of them have highly specialized algorithms that are unironically only able to be mined on regular-ass CPUs, like
>Nerva (Cryptonight Adaptive algo)
>NIMIQ (Argon2 algo)

And probably more. Both of the above already make me more per month easily than almost my entire profit from all the GPUs. We're talking on my Ryzen 7 1700x, I was mining enough NIMIQ for >$40, and recently switched to nerva which currently pulls even more than that, I won't even say how much.

But setting them up to CPU mine one of the unusually-profitable coins, either alongside the GPU or even just omitting the GPU side entirely, would allow for an even more negligible degree of power use, as well as being less noticeable (or likely not at all). I can't play games on my miner while it's actually GPU mining (>>11254162), but most CPU-exclusive algos I've tried don't affect jack shit as far as general PC usage. NIMIQ especially I would run a game for a while, close it and realize I left the miner open the whole time.

>>11254180
>make a huge profit while helping out friends with (((real))) money aka cash or venmo that they are familiar with/can use immediately
>be a nice guy :^) and try to teach friends how to mine memecoins for $0.30/month and have to deal with their autism when asking me how to cash out BTC
Yeah that's a tough one anon.

>> No.11254555

Bump, is the concept of having friends really so foreign to /biz/neets?

>> No.11254578

>>11254555
stupid fuckin idea
a penguin could set up nicehash and your friends wouldn't want to risk their entertainment system over a $10 a month
offer insurance and when their PC breaks come up with a reason not to pay that way you maximize your profits on the way of losing your friendships

>> No.11254653
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11254653

>>11254578
Ok, so the friend aspect is admittedly iffy.

So what about this, put out an ad on craigslist for something as stupidly simple as "I'll pay you $X to $Y per month if you have a desktop computer"? You'd just send them the details via email, or just go to their fucking house whatever, and make it easy for them & stick the miner in their startup folder to always run on boot. I was thinking (if I was a better programmer) I could possibly even set up some sort of automated program they could install that'd do everything for them, making it brain-dead simple.

I'm from a shitty backwoods US state, & I know for a fact that every dirt-poor meth head in the area would take the opportunity (provided that it's not complicated and doesn't come off *too* shady). If, in some theoretical ideal alternate dimension, this was possible to grow to a decent-sized client base, the real value would come from just reaching the homes of otherwise completely-indifferent normies.

None of them want to mess with the clusterfuck that is crypto and trying to use it, let alone setting up mining software themselves, especially when they wouldn't have the slightest idea how to look for actual profitable coins (instead of boomer-tier nicehash, fucking lol). I just need more CPUs working for me simultaneously and normans aren't using theirs anyway.

>> No.11254796

>>11254653
This kid has 2 1080 ti’s to play fucking minecrft? Jeez

>> No.11255301

>>11254796
He's mining shitcoins.

>> No.11255324

>>11254115
you don't realize yet, but you are talking about running a pool