Building a bitcoin miner

valiantsun · Apr 22, 2017

I recently started looking into bitcoin mining, and I was wondering if it was possible to set up a computer cluster and utilize the power of many CPUs to mine bitcoin at a faster rate than most ASIC machines being released nowadays.

getochkn · Apr 22, 2017

Yes you can set up a cluster. No it will not be faster than ASIC miners, nor will it make you any more and you will loose money daily.

Also, most mining has usually been benefited by multiple GPU's, not CPU. But even a cluster of GPU's isn't worth it now.

photonboy · Apr 22, 2017

yep.
Money doesn't come from thin air, so it's based about competitive cracking of an algorithm. Long story short is that it's highly competitive now so only really SMART guys with a lot of investment to optimize the hardware will win.

It's competitive as in you win or you lose so it's like going up against Mike Tyson on the 1/10,000,000 chance you'll win. Nope.

jccomfor · Oct 30, 2017

photonboy :

That seems like a very uneducated response. The intelligence of the person running a set of "miners" has little to nothing to do with the efficiency of the "miner" that is doing all the computational "work" toward solving an algorithm, which is done in "pools" of operators, who then share out the profit based on how much computational power was provided by each member of the pool..... <-- and I am as noob as you can get on this subject....

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