Mining with a Laptop, is it worth it?

campbe2730

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#miner

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2021-04-13 14:09

Thoughts:
Mining is a fun way to be more part of the crypto community. You are facilitating transactions, making the network more secure, and lessening the gas fees for all that do perform transactions. I wasn’t able to find any good deals for desktop graphics cards in stock however I did find a site that has MSRP prices but they are for pre-order cards. When they get the cards in stock they will ship them to you and will only charge your cards once they ship to you(https://www.shopblt.com/). The cost of my miner, Lenovo-Legion 1660TI Ryzen-5-4600H laptop, was $888 and should pay for itself in 355.2 pending nothing changes.

Unknowns:
ETH 2.0 prof of stake (https://www.coindesk.com/ethereum-proof-of-stake-sooner-than-you-think)
Chip shortage, computer prices in the near future (https://www.theguardian.com/business/2021/mar/21/global-shortage-in-computer-chips-reaches-crisis-point)

Laptop Miner
Mining on a laptop has given me comparable results as I found on the nicehash website(https://www.nicehash.com/profitability-calculator/nvidia-gtx-1660-ti). I average approx 2.50 a day after I take out electric cost and mine at a speed of 31MH/s. The laptop uses 101w doing only gpu mining with the screen off. I do use MSI afterburn and upped my memory 850mhz(https://www.msi.com/Landing/afterburner). This tool works on any graphics card and doesn’t have to be used with MSI brand video cards.

Energy cost and profit:
I receive 6 nicehash payouts per day that average 1.06 and my energy consumption for all 3 of my laptops use approx 430w per day at a rate of .10 per Kwh totaling= 1.03. All this and I make approx $5.30 a day or $1,934.5 a year.

Temperatures:
Setting this way helps decrease the GPU temp by a few degrees. The GPU is 56C and the laptop itself feels a little warm near the heatsinks in the back of the laptop. The power brick temperature feels la little above body temperature and is the hottest part of the miner.