Some have speculated that Apple might get into the cryptocurrency business, either investing some of its own cash surplus, enabling crypto in the Wallet app, or even creating a hardware wallet. Tim Cook dismissed the first of these possibilities, at least for now, but did reveal that he has invested some of his own cash.
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Check out our exclusive stories , reviews , how-tos , and subscribe to our YouTube channel. But for now, your best options are a mining rig or a powerful ASIC machine. Here are the three main things to consider:. The end goal for an ASIC is to perform as many hashes as possible while using the least amount of electricity possible.
Always check asicminervalue. Also, make sure that they mine Bitcoin specifically and not another cryptocurrency. But even then, that is a risk. You can mine Bitcoin using a mac or any computer. If you lack the equipment, resources, or infrastructure to mine crypto, you might want to look into cloud mining on a platform like Nicehash or Mining Rig rentals.
Additionally, you might want to look into just buying and holding Bitcoin instead. Crypto Miner Tips is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon. We also participate in other affiliate programs which compensate us for referring traffic. The Problem With Mining on Macs.
What About the Desktops? Here are the three main things to consider: Hash rate. Hashrate is a calculation of how many times per second a given piece of hardware can perform. As we stated above, it is important that your ASIC is energy efficient and can do enough hash rates to make it worthwhile. While hashrate is important, power consumption is equally important. Quick Links. Follow Us On Social Media. Facebook Youtube Twitter Instagram. About Us. All Rights Reserved. Limted Time Deal!
If some world class apple and crypto mining programmer put his hands on it, magical things would happen. Not blazing fast by any means, but it is pretty damn efficient, and the per W hash rate is probably really good. Naturally, someone has already put it to the test and run the numbers. There are already precompiled binaries out there for M1 Mac crypto mining, and the video explains how to install and run one.
In this case, it was mining for Ethereum. If you were buying the MacBook Pro purely for mining, that means it would pay for itself in… 17 years! Some have speculated that Apple might get into the cryptocurrency business, either investing some of its own cash surplus, enabling crypto in the Wallet app, or even creating a hardware wallet.
Tim Cook dismissed the first of these possibilities, at least for now, but did reveal that he has invested some of his own cash. FTC: We use income earning auto affiliate links. Check out 9to5Mac on YouTube for more Apple news:. Macs are great computers, productivity, school, or just casual usage. It is technically possible to mine bitcoin on Mac or MacBook Pro these days; however, it is no longer profitable.
You will need equipment a mining ASIC that is dedicated to mining cryptocurrency. Bitcoin itself is a form of cryptocurrency that is used to exchange money between users safely. You can either pay real money to acquire it, exchange it with another cryptocurrency, or earn it through mining.
Mining Bitcoin using computing hardware in a race against each other by performing random guessing games of complex math problems for a chance to earn Bitcoin. Back when Bitcoin was brand new in , and no one knew what its value would be today, you could mine around 50 Bitcoin a day on a laptop equipped with a CPU only. This was the beginning of the digital gold rush for early adopters.
In , chinese manufacturers developed the first ever ASIC miner more on this later which was far more efficient than all of its predecessors and to this day ASIC Miners have become the standard mining hardware of choice for mining Bitcoin.
ASIC miners or application-specific integrated circuit miners are designed with one purpose and one purpose only, and that is to mine cryptocurrency. Trying to compete against these more advanced miners using everyday at home computers or even high-end gaming computers to mine Bitcoin is a huge no-no as ASIC miners can perform many more calculations per second known as Hashrate , which gives them an unfair advantage over consumer-grade computing hardware when it comes to mining Bitcoin.
What do most people buy Macs for? The Macbook Air is very popular with college students because it is thin, lightweight, built very well, and can handle anything a student will do. The Air runs fine; most are equipped with either core i3, i5, or i7 Intel processors, which will get the job done for general use; however, something is missing here: a discrete GPU.
Apple also sells its computers in desktop form, and you have 3 to choose from:. It is the equivalent of the Macbook Air but as a desktop. The same is true of the new M1 mac mini; it is a huge performance boost over the intel versions and will be around the same capabilities as the Macbook Air and Pro. It takes MUCH better GPU hardware than even the beefiest of workstation PCs to generate results that most people are looking for, hence that is where dedicated mining rigs come into play, they use many GPUs that are working together to solve many calculations.
As for an ASIC, they are designed to only mine Bitcoin, they have a special chip that is solely dedicated to solve as many calculations as possible, hence why they are generally the best way to go if you buy the right machine more on this in a bit. But for now, your best options are a mining rig or a powerful ASIC machine.
Here are the three main things to consider:. The end goal for an ASIC is to perform as many hashes as possible while using the least amount of electricity possible. Always check asicminervalue.