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Board Beginners & Help
Re: Help
by
deisik
on 22/03/2015, 06:05:27 UTC
I am using my laptop and i am mining with an nvidia gtx 880 and the progrm i am using is GUIminer

You could try mining cryptonight coins such as darknote or monero. I don't know if you will be able to cover your electricity costs (it all depends), but at least you will be able to mine something in satoshis compared to what you would get if you were just mining satoshis themselves...

For more info look here. This is a mining pool for cryptonight coins (among other coins)
The competition for those popular alt cons is pretty high and the difficulty is quite high too. You need free electricity to profit from it. The exchange fees from alt coins to BTC is also quite high, deposit then withdrawal would incur some fees too. Unless you want to keep it permanently in that specific alt coin.

Quite the contrary. I had been mining darknote for some time at my cpu when difficulty was above 50 million (right now it is at 28,135,596), and I could get as many as 100,000 satoshi per day. Regarding the exchange fees, you are flat-out wrong. I traded them at bittrex and poloniex for bitcoins, and the fees are the same at both of these exchanges. They are equal to 0.25% per amount traded which is no different than for other currency pairs (the withdrawal fees are almost next to nothing at that, namely, 0.01 XDN)...

Where did you get this info about higher fees?