In b4 “You wont make a profit”… i know, i want to use my computer to heat my apartment. i figure that even if i’m making a “loss” each month on the mining it’s still cheaper than running my apartments electric heaters when you account for the sold (or not) bitcoin.
I’ve been doing well keeping things warm by Folding at home on the CPU but apparently AMD GPUs aren’t supported for that and i want to put my GPU to work too.
I briefly mined some litecoin in like 2013/14 when BTC was just about popping off. other than that i have no mining experience (and i would have been using windows back then)
Need to sort something soon, Jan and Feb are probs the coldest months in the UK and i have gotten this far this year without using the heaters
if i kick off a job at the start of January and and then finish it when it starts to warm up in March then that would be one thermal cycle over the course of three months.
rather than kicking off a game every day. IMO mining would cause less issues than casual gaming. I am reasonably prepared to take the risk on this though for the sake of experimentation. if i have to replace a GPU it will have been a bad day but it won’t break me
Judging by what others have said though it’s probs a better idea to mine more profitable alt coins and then exchange those for bitcoin for medium - long term storage.
There was one i was looking at earlier which uses GPU for AI as you suggested. I don’t think it’s a philanthropic endeavor though and i’m not sure i’m comfortable with people possibly using my hardware/internet connection to generate potentially illegal stuff.
I live in a 5 eyes country and don’t fancy explaining to the police why such material may have been coming from my network in that scenario