Don’t Waste Time with Mining Bitcoins on a Laptop!
The days where we could mine Bitcoins on our laptop are long over. The requriements for Bitcoin are so high that you would barely be able to mine enough to cover for your electricity costs before either your GPU or hard drive becomes corrupted. Ask yourself a valid question – Can I make any type of mining profitable from your computer without an ASIC? Not likely, according to public opinion.
Bitcoin blocks are now so complicated that a 100Gh/s ASIC will produce about 0.0426 BTC per day, so taking that into account a laptop would hardly be able to keep up.
You Will Damage Your Laptop
As mentioned, it is extremely dangerous to use Bitcoin miners on your laptop due to the hardware damage that occurs. Many have destroyed their laptop cooling fan, hard drives, laptop screens and even monitors. In one particular case, a Bitcoin miner found that the external Bitcoin device he plugged in to mine had caused his computer to warm up and then freeze solid due to the temperature changes. The result was devastating to say the least. I recommend saving for a proper ASIC before investing time and money into a laptop miner.
Top Quality GPU is Not Enough
Thinking ‘I have a high end’ computer won’t be sufficient as according to statistics even the best computer can only generate Mhs for Bitcoin blocks, whereas the requirement now is for Ghs. Even top graphics cards such as the GTX 870M on laptops will heat after mining for a while, so unless you want to burn through your computer don’t try this at all. I won’t say specifically how long it will take before the burnout, but it is bound to happen if you mine Bitcoins this way.
Even Desktops Won’t Work
As mentioned previously desktop GPU’s, even with their generally higher performance processing power won’t be able to reach the Gh/s requirement needed to solve blocks at today’s current difficulty level. Being able to understand this concept will save you a lot of time and money on using Bitcoin on computers. I should also mention that the difficulty is constantly being adjusted by Bitcoin network. While the computer or laptop has a fixed amount of productivity per unit cost, ASIC’s can be used to their full potential before burning out (they were only designed for one thing in the first place).
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Pool’s Won’t Get You Far Either
Joining a Bitcoin mining pool in a laptop would be just as cost-ineffecient due to the electricity costs. You can run your laptop for a month and earn around $0.07USD equivalent in Bitcoin, but the amount it costs for your bills will far exceed a few cents.
The overall result is that mining in non-specialised hardware is both ridiculously slow and unstable.