Mining Actually Costs You Money

in #mining7 years ago (edited)

Mining programs tap into your computer’s hardware resources and put them to work mining Bitcoin, Litecoin, or another type of cryptocurrency. And no, even if your hardware is used to generate money for them, you don’t get any of it. They get all the money from putting your hardware to work.
your desktop computer or laptop at home just isn’t powerful enough to profitably mine Bitcoin, Litecoin, or other cryptocurrencies. Doing this profitably requires specialized mining rigs with specialized hardware and cheap electricity. So, even if you put your computer to work mining Bitcoin for your own profit, you’d actually lose money. You’d run up your power bill as your computer draws more power, and you’d make back less than it would cost you in power.
https://www.howtogeek.com/211694/cryptocurrency-miners-explained-why-you-dont-want-this-junk-on-your-pc/

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.031
BTC 60607.86
ETH 2620.83
USDT 1.00
SBD 2.52