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23959871 No.23959871 [Reply] [Original]

Ok /biz/ I have 5k usd that I'm gonna use to build a monster pc, would using such a powerful computer to mine Bitcoin at least get me one Bitcoin a year?

>> No.23959883

>>23959871
You will almost certainly operate at a loss by mining Bitcoin.

>> No.23959888

>5k usd
>monster pc
lol
>one Bitcoin a year
lol

>> No.23959899
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23959899

>>23959883
So what's the point? Why does anyone even mine Bitcoin if it's not profitable?

>> No.23959905

Go back to 2012 and maybe you can get to 1 btc a year

>> No.23959910

>>23959871
dumbass

>> No.23960061

>retards pooring into /biz/ asking about mining
this is your sell signal right there

>> No.23960084

>>23959899
because no one uses desktops to mine, they use computers specifically built to mine bitcoin called asics. anyway youre retarded for wanting to drop 5k on a shit box

>> No.23960193

>>23959871
google asics and do the research. I cant suggest any specific model but you'll find something that might be what you want to get. Worth it eh idk but I hope you find the answers you want anon and make profits

>> No.23960206

>>23959871
Lmao go ahead champ! Get 2 3090s in sli.

>> No.23960223

>>23959871
$5k isn't a 'monster' PC. It's upper range.

>> No.23960235

>>23959871
no

>> No.23960315
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23960315

>>23959899
>>23959871
Stop posting these disgusting women. I know men are attracted to what they think they can get, but this is pathetically low standards. Hit the gym or something OP.

>> No.23960344

>>23960315
stfu you shallow virgin geek

>> No.23960452

>>23960315
I like fat girls.

>> No.23960491

>>23960344
>>23960452
>500 lb. Fats detected

>> No.23960545

>>23960491
>Seething shallow virgin lashes out in butthurt

>> No.23960587
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23960587

>>23960193
Thanks anon, you're the only one that actually answered my question lol

>>23960315
;^)

>> No.23960602

>>23960587
Not a problem anon. I hope you find a model that works for you you make profits from it.
Glad I could help even if it wasnt much

>> No.23960607

>>23959871
You wouldn't even earn enough btc to pay your electricity bill.
I doubt you'd get $50 a year.
Competition/difficulty is way to high for gpu mining on sha.
To mine anything with a gpu, you need a propper mining rig with 7+ GPS.
To mine btc you need ASIC miners but they are a fallacy as they are only available to the public once they are out dated.
Get a 5900x and a 6800xt and have 95% the performance of a pc that costs 3x as much. And if you want to earn passive crypto then try yield farming.

>> No.23960860
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23960860

>>23959871
If you stake 5k worth of TON a year you would have gotten more than 1btc....why would you take the scenic route?

>> No.23960928

>>23959871
dude just buy a promising altcoin like pnk and you will have half a million dollars in one year

>> No.23960974

>>23960061
Fuck, it can’t be over this early can it?

>> No.23961030

I mined BTC and ETH for a few years....

Want some advice.... instead of trying to mine with that 5k you'd do better to just buy 5k worth of bitcoin....

If you need a pc in any case then spend 1k on that and then 4k on BTC....

>> No.23961115

>>23959871
No you idiotic loser

>> No.23961143

Mine monero

>> No.23961145

>>23959899
People mine bitcoin with free electricity and specifically built computers for just that purpose. Your 5k gamer rig will not generate you a profitable income.

>> No.23961242

>>23959871
Seriously, how stupid are you?

Mining was possible on a general purpose PC back in 2010.

By 2011 people had figured out GPU mining and you needed a box full of high-end GPU cards to mine profitably.

By 2012 FPGAs had been programmed to mine Bitcoin and the graphics cards guys were getting fucked.

In 2013 the first ASIC mining rigs were released and the FPGA guys got smoked.

Nowadays you need a farm of ASIC mining rigs to get 1BTC over the course of a full year. Someone on Reddit just posted that he estimates he can make 0.75BTC in one year with his farm of 12 Antminer S9s, with free electricity. So, if he's right, you need 16 of those, and that's assuming your electricity is free because you live in a dorm or something.

>>23959899
It IS profitable if you have a source of low-cost electricity. That's why mining is being done at places like oil refineries, where they're harvesting the power from flare-off gases instead of just wasting it.

Seriously, you are either literally retarded or have done zero research. Fuck you either way.

>> No.23961250

>>23959871
>>23959899
>>23960587
>goybook filename

is this one of your friends or something anon?