Is CPU mining still profitable in the world of cryptocurrencies?

3 answers

• Dec 25, 2021 · 3 years ago
  Well, it depends. CPU mining used to be a viable option in the early days of cryptocurrencies like Bitcoin. However, with the introduction of ASIC miners, which are specifically designed for mining cryptocurrencies, CPU mining has become less profitable. ASIC miners are much more efficient and powerful than CPUs, allowing them to mine cryptocurrencies at a much faster rate. As a result, the competition has increased, making it difficult for CPU miners to compete. So, if you're considering CPU mining, you might want to think twice and consider other options.
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• Dec 25, 2021 · 3 years ago
  CPU mining? Seriously? That ship has sailed, my friend. Nowadays, you need specialized mining hardware like ASIC miners to have any chance of making a profit. CPU mining is just not worth it anymore. The difficulty of mining cryptocurrencies has skyrocketed, and CPUs simply can't keep up with the competition. So, unless you have access to free electricity and a bunch of spare CPUs lying around, I wouldn't bother with CPU mining.
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• Dec 25, 2021 · 3 years ago
  While CPU mining may not be as profitable as it once was, there are still some cryptocurrencies that can be mined profitably using CPUs. For example, cryptocurrencies like Monero and Aeon are designed to be resistant to ASIC mining, which means that CPU mining can still be profitable for these coins. However, it's important to note that even for these coins, the profitability of CPU mining will depend on factors like the cost of electricity and the price of the coin. So, it's always a good idea to do your research and calculate the potential profitability before diving into CPU mining.
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