Ethereum: Is it possible to beat the world mining Bitcoin for a slow computer?
As the world’s largest cryptocurrency, Bitcoin has long been associated with high performance computing. Miners use powerful computers to solve complex mathematical equations by validating the network transactions and providing a blockchain. However, not all computers are created the same when it comes to mining, and a new rival appears: slow computers.
In this article, we will find out whether it is possible to beat the Bitcoin mining world for a slow computer. We will test the current market conditions, different types of hardware performance requirements and some interesting examples from the world of cryptocurrency.
Low Performance Increase
As Ethereum’s popularity increased, demand for powerful computers increased to dig from its tokens (ETH). However, as the GPU (graphics processing unit) and CPU prices increase, many miners were stuck with insufficient hardware. This led to the change in the market for low performance, where slower processors can still generate significant revenue.
Why slow computers can still mine Bitcoins
So why are slow computers capable of mints of bitcoins? The answer lies in mathematics involved in Bitcoin. Miners compete to solve complex mathematical equations that require enormous computing power. However, these equations can be solved with a small portion of the total hash speed of the network.
A slower computer can still be involved in this process, albeit with lower hash speeds than more powerful computers. This is because slower computers do not have to solve as many equations at the same time, reducing their overall processing requirements.
Ethereum mining hardware
In order to understand how slow computers can mine Bitcoinus, we need to look at Ethereum’s mining hardware requirements. According to Ethereum’s official guidelines, miners require at least 1 ETH (one marker) per quarter. This means that even if a slow computer is used, it must be built at least one ETH week to participate in the process.
Example: Slow PC takes Bitcoin
Let’s look at the example of two computers with different performance levels:
* Computer 1: Intel Core i3-2100 (2.4 GHz) – 1.5 GHz clock speed, 4 cores and 8 threads.
* Computer 2: AMD Ryzen 3,3200g (2.6 GHz) – 3.9 GHz clock speed, 4 cores and 4 threads.
With the Ethereum mining guidelines, the computer would need about 400,000 ETTs a week, but the computer 1 would need about 800,000 ETH.
Conclusion
Although it is true that Bitcoin needs significant computing power, slow computers can still participate in this process. Mathematics is difficult to deal with mathematics equations, but a slower computer does not have to solve as many equations at the same time to contribute.
Ethereum mining guidelines show that even relatively low performance hardware can be viable for Bitcoin. As demand for Ethereum increases and prices rising, slow computers can become more difficult to compete with others.
Hit
While this may seem unlikely, a slow computer can still mine Bitcoins. The key is to understand the mathematics involved in the Bitcoin acquisition and choose the hardware that meets the network requirements. If you want to enter the Ethereum mining, consider using low-performance hardware, such as Intel Core I3-2100 or AMD Ryzen 3,3200g.
However, it is important to keep in mind that as high -end GPU and CPU increases, slow computers may become increasingly difficult to compete with others.
