I mined with my home computer for 7 days...
mining·@jaronec·
0.000 HBDI mined with my home computer for 7 days...
<html> <h2><br></h2> https://steemitimages.com/DQmVAtcokgTm8NE8XoCFJbBw2uNRbV4JvdHheMhBvXhjgZ2/Mining%20for%207%20days.png <h2>Hello everyone </h2> <p><strong>8 Days ago I decided to put my a-little-over-average custom built PC to the test. I wanted to see how much money I could make by mining with a regular PC for a week. <br> At first I thought I wouldn’t make me more than a few dollars, but in the end, I was actually kind of surprised!</strong></p> <p><br></p> <h2>Before reading this</h2> <p>I just want to quickly mention that by all means, I'm not an expert at mining. I just did a few hours of research and that's about it. Without further ado, I hope you enjoy my article.</p> <h3><strong>Some specs:</strong></h3> <p>Graphics Card: Nvidia GeForce GTX 1050 Ti<br> CPU: Intel Core i7 6700K<br> Motherboard: Asus Z170-P</p> <p><br> I started by doing my research on mining. I downloaded various programs and tried out different pools, but I wasn’t really satisfied with a lot of the pools. Some hours later I found a great solution. I discovered a software called nicehash. At first, I was kind of skeptic, because it wasn’t really a miner, it was a service where you could “lend hashing power” and it would pay out in bitcoin.</p> <p><br></p> https://steemitimages.com/DQmZQmysCF7Ay5VhpkVjsWsLqkyLqQ3bsXL4yvMYjrMLQjs/Nicehash%20description.png <p><br></p> <p>I went ahead, downloaded it and tried it out and it rather surprised me. After mining for about 5 minutes with it I already had 137 satoshis.<br> It mined me a lot more than other software because it wasn’t using the SHA-256 algorithm that bitcoin uses, it was using different algorithms.<br> The one I used the most was Neoscrypt because it had the most estimated daily earnings.<br> If you would want to mine bitcoins directly, you would need professional equipment, because your PC electricity bill would cost more than you would actually mine. </p> <p><br></p> <p><strong>So I decided to “mine” with nicehash for a week. <br> </strong>While I mined for 168 hours (how many hours a week has) I wasn’t quite mining 24/7. Every 23 hours I stopped it for an hour to cool my computer down a little bit. On day 8 I mined for another 7 hours to compensate the one-a-day-cooling-break. </p> <p>The result was finally here!</p> https://steemitimages.com/DQmUmhFPUinyZ7fNhXm2tegwUjTAayQapdeQ4de6eyMBWjr/Result.png <p><br></p> <p>Damn, 17.47 dollars, that’s a lot more than I expected! But wait. I still have to pay the electricity bills.<br> Because I live in Switzerland I have a really high electricity cost of about 0.12 cents per kW/h.<br> The total electricity cost of my computer for this week was 6.24 dollars .</p> https://steemitimages.com/DQmZ1cu3tnvFdsLeg6quzQ6V9GYPhm3bFd8Lacmrb17CMxR/Calculation.png <p><br></p> <p>So I have made 11.23 USD in total. Still not bad for my little-over-average PC.</p> <h2>Was it worth it?</h2> <p>Yes and no.<br> It was a cool experiment and it was fun to see my balance rising.<br> However making roughly 11 dollars per week isn’t really worth it, considering that the chances of the hardware breaking rises and the high prices of making a bitcoin transaction at the moment.</p> <p><br></p> <p><strong>Now I would like to thank you for reading my post, have a nice day!</strong></p> <p><br></p> </html>