Blast form the Past: CGMINER 3.7.2 with GPU Support for Windows (2024)

FAQs

Does CGMiner work with GPU? ›

yes, using the --gpu-platform option.

With today's difficulty rate but much more advanced systems, it may take a solo miner about 10 minutes to mine one bitcoin. The average rate for most miners, however, stands at 30 days.

CGMiner 3.7. 2 Download (Windows 10) AMD, Doge [2022]

The software has been known to be difficult to install on computers running Windows 10. Antivirus software including Windows Defender can also give users a difficult time. CGMiner is free to download and use and is available on GitHub.

Go to “Gaming” -> “Global Settings” Choose your GPU for mining. Switch “GPU Workload” from ”Graphics” to “Compute” and confirm by “Yes”. Radeon setting application will restart.

You will need to remove the heatsink of the GPU and check if the thermal paste has dried up, and if the thermal pads are still in contact with the GPU's components. All in all, there are absolutely no major downsides to buying a GPU that was used for mining.

Technically, it is not possible to mine 1 Bitcoin, especially if you are a solo miner. However, if you mine within a pool, your rewards will typically be in satoshis, which are denominations of the BTC coin that could equal 1 BTC over a period of mining.

Mining on Desktop PC

There is only one essential requirement: a good graphics card with at least 6GB of RAM. The most affordable graphics cards that meet mining requirements are Nvidia 1060 6GB and AMD RX 480 8GB.

Many people wonder how many Bitcoins can be mined by a person in a day. There are currently 6.25 bitcoins produced in each block, and a block is produced every 10 minutes. This means that there are 6.25 (Bitcoins per block) x 6 (blocks per hour) x 24 (hours per day) = 900 bitcoins produced each day.

What is the best mining software 2022? ›

Electricity cost per Bitcoin = Time required to mine one Bitcoin * Energy consumption * Cost = ~5.22 years * 365 days * 24 hours * 3,400 * $0.05 / 1,000 = ~$7,778.

After this increase in the cost of production, miners have to incur an average expense of around $19.3k if they want to mine 1 BTC.

The GPU is not recognized by the NiceHash Miner

This kind of issue often happens when the GPU is older, for example, NVIDIA GT 630. The minimum CUDA version required for NVIDIA cards is 5.2 or higher. This issue can also happen when a GPU is not a discrete GPU. Laptop (mobile) GPUs are not supported.

First, Ethereum GPU mining requires more than 4GB of VRAM, so if you're still hanging on to an RX 570 4GB, it won't work — and neither will the new Radeon RX 6500 XT. Second, there are a lot of different software packages for mining, but we're taking the easy route and using NiceHash Miner.

With energy prices on the rise, many people are wondering if bitcoin mining is still profitable. Here's the short answer: yes, bitcoin mining can be profitable if you invest in the right tools and join a bitcoin mining pool. That said, there are a lot of variables, and a high profit isn't guaranteed.

Smartphone Crypto Mining Is Not Profitable and Will Destroy Your Device. While you can technically mine cryptocurrencies using your smartphone, this will likely not be worth the effort.

It takes around 10 minutes to mine just one Bitcoin, though this is with ideal hardware and software, which isn't always affordable and only a few users can boast the luxury of. More commonly and reasonably, most users can mine a Bitcoin in 30 days.

What is the easiest coin to mine? ›

Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.

The maximum number of bitcoins that can be issued—mined—is 21 million.

As of June 2022, there are about 2 million bitcoins (BTC) left to be mined, which means that there are nearly 19 million currently in existence.

Answer: There is no minimum or limit to the number of GPUs you can use when mining, and can even start with 1. However, if you are into a serious mining business, a rig of 6 GPUs is recommended.

Regarding all BTC mining websites, StormGain is the most user-friendly and most suited for newcomers. This platform has a one-click mining process that uses no local resources and is free. It is possible to do anything here: buy, sell, trade, and mine! Only Bitcoin can be mined on StormGain servers.

As of Jan 21, 2023, the average annual pay for a Crypto Mining in the United States is $88,021 a year. Just in case you need a simple salary calculator, that works out to be approximately $42.32 an hour. This is the equivalent of $1,692/week or $7,335/month.

Which Bitcoin mining app is legit? ›

Bitcoin Miner Pro is a free to use Android app that lets you mine for Bitcoin in your spare time. This app doesn't require any registration or login and lets you start mining immediately. The app has a simple interface and lets you set up your own custom mining pool as well as choosing between solo and pooled mining.

2) ECOS – Best for Its operating system, which works with legal status. ECOS is the most trusted cloud mining provider in the industry. It was established in 2017 in the Free Economic Zone. It is the first cloud mining service provider that is operating with legal status.

Libertex provides free Bitcoin mining to its users via a virtual miner. There are no hidden charges or fees to start earning with our virtual Bitcoin miner. Miners may increase their mining speeds and, consequently, mining profit by upgrading their status in our customer loyalty programme.

#1) Antminer S19 Pro

The Antminer S19 Pro is the most profitable ASIC miner for Bitcoin and the SHA-256 algorithm for now.

If you're looking for the most profitable coin to mine with your CPU, we recommend Monero (XMR). Monero is the first cryptocurrency that comes to mind when discussing CPU-minable coins. Monero is a popular coin because it is the easiest to mine with a CPU, and is a widely used cryptocurrency.

How Much Does a Mining Rig Cost? A typical ASIC mining rig can cost anywhere between $2,000 and $20,000. That is a broad range and it does not tell the full story of the quality of the product. It is important to understand that the price of a mining rig is not the only factor when buying a miner.

Anyone can use one or more GPU cards to solve and validate complex equations and crypto transactions. This mining process is known as GPU mining in cryptocurrency mining software. GPUs are ideal for mining cryptocurrencies due to their higher hash processing power and efficiency.

How much does the best Bitcoin miner make per day? ›

In February 2022, one Bitcoin mining machine (commonly known as an ASIC), like the Whatsminer M20S, generates around $12 in Bitcoin revenue every day depending on the price of bitcoin.

Most Bitcoin mining occurred in the United States, according to IP addresses from so-called hashers that used certain Bitcoin mining pools in 2021.

Daily Profit = ($2,250 / Year ) x 365 Days in a year = $727.5 per day. If a mining rig costs around $8,000, then you'll need to invest around $8k in order to mine 1 Bitcoin in one year. Mining will still be very profitable in a few years.

Key Takeaways. By mining, you can earn cryptocurrency without having to put down money for it. Bitcoin miners receive bitcoin as a reward for completing "blocks" of verified transactions, which are added to the blockchain.

To start mining bitcoin, the following are required: Competitive mining computers (rigs) Low-cost power supply. Mining software.

Answer: Yes, in many cases. The profitability of using GPUs for mining cryptocurrencies depends on the cryptocurrency in question. For cryptocurrencies like BTC, it is less profitable because of high competition in using ASICs or application-specific integrated circuits for mining.

CGMiner GPU mining[ ]

This fork comes with support for both protocols, the adoption of a ball, such as a formal Protocol, and more advanced getwork getwork via stratum. As mentioned above, the miner will work with graphics cards from AMD and NVIDIA GPU (using OpenCL and not CUDA).

Today, in order to be profitable with Bitcoin mining you need to invest heavily in equipment, cooling, and storage. It's not possible to mine Bitcoin profitably with a PC or a GPU at home. You can calculate your profitability using a Bitcoin mining calculator.

The more powerful your GPU, the more quickly and efficiently you will be able to mine new cryptocurrency. You'll also need a strong power supply unit (PSU) to ensure that your GPU has enough power to function properly.

What is the most profitable coin to mine with GPU? ›

Bottom line: The NVIDIA GeForce RTX 2070 may be from the previous generation of cards, but it's still an excellent GPU for gaming and crypto mining.

As of October 2020, the amount a GPU can make mining depends on the type of cryptocurrency being mined. Ethereum is the most commonly mined cryptocurrency on GPUs. With Ethereum, GPUs can earn from 1-3 ETH per month, depending on the type of GPU, network difficulty, and Ethereum price, as an example.

Mining cryptocurrency on a smartphone is actually possible. There are various crypto mining apps that you can use to mine crypto directly through your smartphone hardware. These apps often allow you to join mining pools that use some of your phone's power in the mining process.

Vertcoin was created as a crypto mineable by GPU after Litecoin, which was created to work as a GPU-mineable alternative to Bitcoin, succumbed to ASIC control. Due to the fact that it supports GPU mining, the network is as decentralized as possible. Features: It is not mineable with ASICs or CPU cards.

Is bitcoin mining legal? According to TheStreet, reporting on a November 2021 Law Library of Congress report, bitcoin mining is banned in various countries, such as Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar, and more. However, it is legal in the US, and most countries, but not all US states allow the same.