How much money can you make from mining bitcoin on a Raspberry Pi?
How much money can you make from mining bitcoin on a Raspberry Pi?
Using CryptoCompare’s mining calculator, we find out that a device with 108 H/s can mine approximately 0.00005127 XMR per day. At $154 per XMR token, that nets you $0.07156 a day. However, these calculations assume that your electricity is completely free.
Is it possible to mine Bitcoin on a Raspberry Pi?
Individual cryptocurrency mining was out of the question since we are using a Raspberry Pi and not an ASIC Bitcoin Miner. Raspberry Pi is not supported by Linux miner software due to its ARM Architecture. Supported Linux mining software is based on x86 processors found in typical PCs.
Can you still make money mining for Bitcoin?
Bitcoin mining can still make sense and be profitable for some individuals. Equipment is more easily obtained, although competitive ASICs cost anywhere from a few hundred dollars up to about $10,000. In an effort to stay competitive, some machines have adapted.
Is Mine Cryptocurrency still profitable?
Is Bitcoin Mining Profitable or Worth it in 2021? The short answer is yes. Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms.
Is Raspberry Pi mining profitable?
Originally Answered: Is it still possible to be profitable if I use Raspberry Pi for Cryptocurrency/ Bitcoin mining? No it is not. The amount you would earn is not worth the investment of time, money, electricity and the tax office communication!
What should I be mining right now?
We have listed below the 11 best coins to mine in 2021:
- RavenCoin (RVN) RavenCoin is one of the most profitable coins to mine, which primarily focuses on transforming mining decentralized.
- Monero (XMR)
- LiteCoin (LTC)
- Ethereum Classic (ETC)
- Zcash (ZEC)
- Grin (GRIN)
- Metaverse (ETP)
- Bitcoin Gold (BTG)