CPU mining in 2024

Mining on a processor

There is another side to the popularity of digital networks. The complexity of mining coins is growing. Thirteen years after the creation of bitcoin, the first cryptocurrency can be mined only on powerful asics in a large pool. Top altcoins are mined on high-performance GPUs. Mining on the processor in 2024 is suitable only for new and unpopular coins. Assets can grow in value and bring good income.

Features of CPU mining

The central circuit allocates the computer’s resources to perform tasks. One of them can be coin minting. As recently as 10 years ago, Bitcoin was being mined on CPUs. In 2023, the complexity of top networks is such that CPUs are unable to handle this task. There are 2 types of digital currencies that can be mined:

  • Unknown coins before they reach the top (AVN).
  • Assets whose creators are making efforts to increase decentralization (Monero, Electroneum).

With the emergence of ASICs for a popular asset, mining on the VC and central circuitry becomes unprofitable. However, asics contradict the basic principle of blockchain. Computational power is concentrated in single hands. This increases the likelihood of a “51% attack”.

CPU mining is an economical way to mine cryptocurrencies. Video cards are faster and generate high returns. However, they are more expensive and consume more electricity.

Differences between CPU and GPU

Mining coins on a CPU is less profitable than on a graphics card. This raises doubts whether it is worth mining on a CPU in 2024. CPU and GPU have different functions. The purpose of these PC units is presented in the table.

CPUGPU
Controls the components of the computerResponsible for graphics processing
The core executes four 32-bit instructions per clock (SSE)The core passes 3.2 thousand 32-bit instructions per clock cycle
Performs 1-2 threads of computation on a single coreCalculates thousands of threads on each multiprocessor (there are several such threads in a chip)

Video cards use a faster type of memory, which increases the speed of operations. Therefore, they are better suited for parallel computing.

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Server processors

The profitability of mining depends on the performance of the technique. Server processors are more stable and powerful modifications of CPUs, created to work in data centers. Such equipment can function at maximum load. Its main characteristics:

  • Supports large arrays of server memory.
  • Service life at maximum load is 5 years. The desktop CPU has 3 years.
  • Has 12 cores (desktop CPUs have up to 8 cores).
  • Processes information in single-value mode. Conventional CPUs handle many small tasks in a multi-threaded state.
  • Consumes more electricity.
  • Costs a lot more.
  • Can mine any cryptocurrencies using CryptoNote and CryptoNight algorithms.

Server processors are more reliable and productive compared to conventional CPUs. Therefore, it is more efficient to mine on them. However, they are inferior in power to video cards and asics.

Mining farms

Installations of several CPUs similar to GPU-rigs have not become widespread. In 2023, running a bitcoin mining farm on a CPU does not make sense. It is more cost-effective to use 1 powerful CPU to mine new coins or run a regular computer in addition to a farm on video cards.

Threadripper 3990X is used by specialists in the field of workstations. If mining stops generating income, the technique can be sold on the secondary market.

CPU mining in 2024
Performance CPU 3990X BOX

AMD Ryzen Threadripper 3970X

The model is the second most popular among professional Monero miners. Ryzen Threadripper 3970X is cheaper than the leader 3990X BOX, it pays off relatively quickly. After the Castle Peak update, the memory controller and PCI Express 4.0 are placed in a separate chiplet.

The processor cores have equal access to memory. This reduces the likelihood of computational delays. Basic parameters of Ryzen Threadripper 3970X are summarized in the table.

CHARACTERISTICSSIGNIFICANCE
Clock frequency
3.7 GHz
Number of cores
30
Maximum number of threads
64
Maximum number of memory channels
4
Price in June 2022
27.7 thousand rubles

The central circuit is effective in mining. The CPU can withstand lower voltage without loss of performance. But quality cooling is required to maintain hash rate.

AMD Ryzen 9 3950X

Another popular CPU model is based on 3 semiconductor crystals – chiplets. The first is a 12nm cIOD chip that tracks input and output. It houses memory controllers, PCI Express and SoC elements inside. The rest are 7nm cIOD chiplets. They contain 8 compute cores each. The characteristics of the CPUs are collected in the table.

PARAMETERSIGNIFICANCE
Clock frequency
3.5 GHz
Number of cores
16
Memory frequency
3.5 GHz
Core
Matisse
Memory channels
2
Price in June 2022
73 thousand rubles

AMD Ryzen 9 3950X can be used for coinage and work. The circuit demonstrates high performance. At the same time, the temperature does not exceed 75 degrees.

AMD Ryzen 7 5800X

The popularity of the processor is due to the low price, low power consumption and good performance. AMD Ryzen 7 5800X costs 2-3 times cheaper compared to analogs. The electronic unit combines 2 semiconductor chiplets for 8 and 16 cores. The latter regulates the work of external interfaces. The table collects the technical features of the CPU.

PARAMETERSIGNIFICANCE
Clock frequency
3.8 GHz
Number of cores
24
Memory frequency
3.2 GHz
Core
Vermeer
Number of memory channels
2
Price in June 2022
38 thousand rubles

AMD Ryzen 7 5800X is suitable for mass use. Along with an efficient set of cores, this processor supports high clock speeds.

Intel Core i7-7700

Core i7-7700 is made on the Kaby Lake architecture on the 14 nm process. Inside, it contains 8MB of Level 3 cache and 4 cores that provide enough power to mint digital currencies.

CHARACTERISTICSSIGNIFICANCE
Clock speed
3.6 GHz
Number of cores
4
Memory frequency
333/1600/2133/2400 MHz
Core
Kaby Lake-S
Maximum number of memory channels
2
Price in June 2022
57 thousand rubles

Developers give a warranty on the central circuit – 3 years. However, Intel Core i7-7700 cannot be overclocked without removing the built-in heat distribution plate.

CPU mining in 2024
Intel Core i7-7700

Intel Xeon E5-2699 v3.

The CPU appeared on the market in 2014. The Xeon E5-2699 v3 is Intel’s best offering for CPU mining in 2024. This 18-core, 36-thread CPU has a small performance.

If you manage to find a used model in good condition, the investment will be profitable.

In 2023, the Xeon E5-2699 v3 produces a hash rate of 16.6 kH/s on Monero mining. This is 1.5 times less than the competitors. The disadvantage is compensated by a low price. The new model will cost 4-5 times cheaper than AMD CPUs.

PARAMETERSSIGNIFICANCE
Clock frequency
2.3 GHz
Number of cores
18
Number of threads
36
Core
Haswell-EP (2014)
Maximum number of memory channels
2
Price in June 2022
16.71 thousand rubles

Intel processors are inefficient in Monero mining. This is due to low multi-threaded performance compared to competitors.

Intel Core i9-10900K

CPU shows 62% better single-threaded performance than Xeon E5-2699. However, the Monero mining efficiency on Intel Core i9-10900K is lower. In 2023, you can earn up to $0.55 per day.

This disadvantage is compensated by the low price. Therefore, the payback period is 2-3 years. The i9-10900K is one of the best Intel models for mining digital currencies.

The table contains the basic characteristics of the CPU.

PARAMETERSSIGNIFICANCE
Clock frequency
37 GHz
Number of cores
4
Memory frequency
2.9 GHz
Core
Comet Lake-S
Maximum number of memory channels
2
Price in June 2022
22-31 thousand rubles.

Core i9-10900K is used for gaming, creating 3D. This is a good choice for those who want to combine the mining of digital currencies with work.

How to choose a processor for mining

To mine coins, you need a productive CPU with low power consumption at a minimum price. Before making a purchase, it is necessary to make calculations. Not always the most expensive and powerful model is the most optimal choice. It is required to find a CPU with the best payback. Therefore, many miners take a used processor. The criteria for choosing the technique are as follows:

  • Compatibility with the motherboard. You can look on the manufacturer’s website, which CPUs are supported.
  • The presence of fast memory modules of a large volume. This is a prerequisite for mining. Central circuits utilize the RAM more.
  • Support for AES instructions for cryptographic calculations.
  • Clock frequency and power consumption. Older models used larger transistors, so they spent more electricity under load.

The hash rate of mining on the CPU reacts to background processes, the work of applications. For mining coins, it is recommended to use the Linux operating system. It is created for server hardware, so it works more stably (does not hang, does not reboot during updates, has flexible settings for overclocking kernel and memory frequencies).

You can also download a build of Linux Mint 18, designed for mining. The operating system is open source and distributed for free.

Between the market leaders, miners more often choose Intel. They are compatible with almost any motherboard. But for some algorithms (RandomX) AMD processors perform better.

Performance table

The efficiency of CPU-mining is influenced by:

  • Number of cores
  • Power supply
  • Cooling
  • Memory speed.

You can increase performance through optimizing the operation of the mining software. Some utilities do not use all available cores by default. The table shows the performance of CPUs in Monero mining as of June 2022. The calculation is made at an average power cost of 0.05 kWh.

CPUPRICE (RUB.)HESHREIT (KN/S)PROFIT PER DAY ($)
AMD Ryzen Threadripper 3990X
600K
41,3
2,81
AMD Ryzen Threadripper 3970X
265.99 thou.
32
0,96
AMD Ryzen 9 3950X
73.09 thou.
16,51
1,1
AMD Ryzen 7 5800X
37.98 thou.
8,5
0,57
Intel Core i7-770
56.8 thou.
1,99
0,13
Intel Xeon E5-2699 v3
16.71 thou.
8
0,5
Intel Core i9-10900K
61.45 thou.
6,85
0,33

Calculation of profitability

Before buying equipment, you need to make sure that mining is profitable. You can calculate the income on an online calculator (for example – NiceHash). To do this, you need to enter such parameters:

  • Cryptocurrency
  • Processor model
  • Electricity price
  • Number of devices.

In 2023, many CPU miners are mining XMR. Taking into account the CPU and the electricity tariff, the income is $0.5-1.3 per day. To calculate the payback, the price of the technique should be subtracted from this amount. The return on investment should not exceed 2-3 years.

In the first 6 months of 2022, prices for low-performance CPU models decreased by 2-3 times, and for powerful ones – by 20-30%. Against the background of the correction of the digital and currency markets with almost unchanged network complexity, the profit of miners decreased by 40-50%. Therefore, in June 2022 for mining coins should consider Intel processors not more expensive than 20-30 thousand rubles.

Under current conditions, the technique will pay off in 2-3 years. You can recoup the costs faster if BTC returns to a growing trend. Worshippers who use used equipment under favorable market conditions (crypto does not fall), can return the investment in a year.

CPU mining in 2024
NiceHash Calculator

How to mine on a CPU in 2023

Mining digital currency can be done on a working computer or collect a new one. It depends on the user’s tasks – serious mining or periodic launch of the PC, so that it does not stand idle.

Choosing a program

The coin mining application serves as an intermediary between the blockchain, the pool and the user’s hardware. In 2023, for mining on the central chip, you can resort to such programs:

  • Claymore’s CryptoNote Windows CPU Miner. The software works on desktop and server processors. After unpacking the archive, you need to configure the command line. To do this, you need to open the file start.bat in a text editor, specify the address of the storage, pool and other parameters. There is no commission to the developer.
  • XMRig miner. You can configure the number of threads for the CPU to optimize mining. By default, the program takes 5% developer commission. In the settings, the amount can be reduced to 1%.

The miner program is downloaded from the pool’s website or the developer’s resource. Unauthorized sources may contain malicious code.

CPU settings

Mining digital currencies on the CPU is low-profit. To speed up the payback, you can increase CPU parameters. Usually, developers underestimate frequencies to stabilize the system to the detriment of performance. In the processor settings, you can change such parameters:

  • Clock frequency.
  • The width of the data bus.
  • Multiplier.
  • Voltage.

Overclocking the central circuit is the search for the ideal balance of parameters. When increasing the data bus and clock frequency, the power increases, and hence the energy release. To prevent system failures, you need to increase the supply voltage and provide good cooling.

It is worth considering that increasing the parameters affects the performance of the equipment:

  • Reliability. Long operation at an increased temperature can lead to failure.
  • Stability. Only 60% of CPUs from the batch are able to function at a frequency increased by 20%. To check the work, stress tests are carried out on special software (AIDA64).
  • Fault tolerance. It is possible to overclock the CPU stronger than the manufacturer tested at the factory. To do this, you need to provide powerful cooling and power supply. However, the resource of the technique is reduced.
CPU mining in 2024
Temperature monitoring in AIDA64

When overclocking, you need to take into account all factors. If the CPU is expensive and is used for work, probably should not do it to the maximum. It is also important to allow for components to not interfere with each other. The motherboard should support SDD and memory of the latest configurations.

Processor overclocking

The following CPU parameters can be increased for mining:

  • CPU frequency – increases the number of operations.
  • Bus width – increases the amount of data that the CPU can process in one round.
  • Power supply voltage – stabilizes the operation of the equipment.

It is also worth considering the requirements of the algorithm of a particular coin. Mindless overclocking (everything to the maximum) may not increase the hash rate. For example, for XMR mining, the main parameter is the amount of information in the pass. The efficiency of mining is affected by such indicators:

  • Memory bus – is able to increase performance by 7-8%.
  • RAM and GRAM memory speed – increases productivity proportionally to overclocking.
  • CPU frequency – if increased by 30% will provide an increase in mining efficiency by 20-25%.

Thus you can increase mining productivity by 70-80%.

The easiest way to overclock is to customize the BIOS. The order of actions is as follows:

  1. Open the main screen (press Delete while turning on the PC).
  2. In the Advanced setting section select Overclocking.
  3. Set the basic parameters for overclocking (specified on the developer’s website). Start Windows.
  4. Open the AIDA64 program in stress test mode. It is necessary to carefully monitor the temperature of the equipment, it should not exceed 80% of the maximum (specified in the specification). The frequency can be considered stable if the computer works for about an hour without failures, overheating, freezes when watching video clips.
  5. Increase the parameter by 5%. Repeat the test.
  6. Continue until errors appear. Then roll back one step. This will be the optimal frequency.
  7. Decrease the Multiple (CPU multiplier) and repeat the search for the optimal frequency. You need to find the ratio of the minimum Multiple to the maximum frequency.

When overclocking, it is necessary to measure the efficiency of mining. It is worth considering that increasing the supply voltage reduces the life of the technique. However, with a competent approach, the performance will increase by 50%. This will allow you to push through a higher frequency. At the same time, heat generation and energy consumption will increase.

You can adjust the indicators in the programs CPU-Z and MSI Afterburner. The algorithm of actions is as follows:

  1. Gradually increase power in search of maximum frequency.
  2. Observe the temperature and processing power.
  3. When the maximum value is reached, you need to roll back a step to stabilize.

CPU can be overclocked at lower supply voltage. Less heat will be generated and not so much power will be wasted. The procedure is as follows:

  1. Open the CPU-Z and MSI Afterburner programs.
  2. Reduce the power supply by 0.1 mV, conduct a stress test in search of the lower stability point. After that, stop at the previous value.

Advantages and disadvantages of CPU-mining

PROSMINUSES
If you need a powerful CPU to work, you can generate a small passive income in parallel (up to $15 per day).You need a powerful CPU (preferably multi-threaded)
A separate room is not required for mining on a CPUSome coins cannot be exchanged for fiat or top cryptocurrencies. Exchanges do not list tokens that are not in demand.
Low equipment costs compared to other forms of crypto miningIf electricity is expensive, CPU mining is unprofitable
You can increase profitability if you use a central circuit and a video card at the same timeCan’t mine top coins (BTC ETH and others)
Does not harm decentralizationTechnique quickly heats up and wears out. Buying good thermal pastes is not very profitable.

Summary

In 2023, new coins can be minted on the CPU, specially customized for mining on the CPU. However, mining reduces the CPU resource and puts the motherboard at risk. Due to the high volatility of cryptocurrencies, it is only possible to calculate the payback approximately.

This is a good way to earn money if you have a spare CPU. Mining new coins can bring high profits in the long run.

Frequently asked questions

❗ Is it possible to mine on a processor in 2024?

You should not count on large profits. You can get additional income if you mine coins on a video card in parallel.

💵 How to calculate the profitability of CPU mining?

You can use an online mining calculator (e.g. NiceHash). To calculate, you will need to specify the coin, equipment model, electricity price.

💻 For mining on the CPU you need to connect to a pool?

Group work will provide a daily small income. In solo mode there is a low probability of finding a hash.

💲 What kind of cryptocurrency to mine on CPU?

In 2023, new coins (AVN) or decentralization-oriented assets (Monero, Electroneum) can be minted on CPU.

❓ Does mining hurt the central circuitry?

The CPU will wear out faster. To maximize the resource, you need good cooling.

Is there a mistake in the text? Highlight it with your mouse and press Ctrl + Enter

Author: Saifedean Ammous, an expert in cryptocurrency economics.

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