How do i setup a mining node on my Synology NAS?

[Batsbak]

Hello,

I want to get started with mining and i have an "Synology NAS" (It runs Xpenology, so i have better hardware than a typical NAS). I have no clue how to do it, I found 1 possible working package (BFGMiner for DS)

BTW. I do it on my NAS because its the only machine that is 24/7 online and running. So therefore the best mining machine.

EDIT: If possible i would like to use Slushpool and I want to use the internal components (running: AMD A4 APU) not a ASIC or something like that,

[mocacinno]

Hello,

I want to get started with mining and i have an "Synology NAS" (It runs Xpenology, so i have better hardware than a typical NAS). I have no clue how to do it, I found 1 possible working package (BFGMiner for DS)

BTW. I do it on my NAS because its the only machine that is 24/7 online and running. So therefore the best mining machine.

EDIT: If possible i would like to use Slushpool and I want to use the internal components (running: AMD A4 APU) not a ASIC or something like that,

Stop right there... Mining with an AMD A4 is not a good idear...
https://en.bitcoin.it/wiki/Non-speciali ... comparison
A4 => 23 Mh/s with a power draw of 75W

http://www.coinwarz.com/calculators/bit ... 00&hc=0.00

If you don't pay electricity (which you do) and you pay 0% pool fee (slushpool does charges a fee), you'll make 1 cent a year at current diff, block reward and price (and i'm pretty sure this is rounded UP).

Also, i know most mining software have removed sha256d cpu mining a long time ago, since it was completely unprofitable. IF, for some very odd reason, you would chose to mine BTC using your NAS, you would have to find and compile very early version of the mining software... But this would NOT be a good idear.

In order to make a profit, you need a very cheap electricity rate, a good country (vat/import/humidity/temperature), a good environment, the basic hardware laying around (A/C, shelves, PSU) and the lastest gen ASIC's.

If you want to learn the bitcoin basic's, you should buy an old ASIC, you can pick up S3-S5 for a couple bucks... Don't expect to ROI, but at least you'll see some shares, and you'll make enough satoshi's to actually withdraw from a pool.

If you insist on mining with your NAS, the only option would be to instamine new altcoins the moment they hit the net... For everything else, the diff would be so high you had virtually no chance of ever finding a share, let alone a block.

[Batsbak]

Stop right there... Mining with an AMD A4 is not a good idear...
https://en.bitcoin.it/wiki/Non-speciali ... comparison
A4 => 23 Mh/s with a power draw of 75W

http://www.coinwarz.com/calculators/bit ... 00&hc=0.00

If you don't pay electricity (which you do) and you pay 0% pool fee (slushpool does charges a fee), you'll make 1 cent a year at current diff, block reward and price (and i'm pretty sure this is rounded UP).

Also, i know most mining software have removed sha256d cpu mining a long time ago, since it was completely unprofitable. IF, for some very odd reason, you would chose to mine BTC using your NAS, you would have to find and compile very early version of the mining software... But this would NOT be a good idear.

In order to make a profit, you need a very cheap electricity rate, a good country (vat/import/humidity/temperature), a good environment, the basic hardware laying around (A/C, shelves, PSU) and the lastest gen ASIC's.

If you want to learn the bitcoin basic's, you should buy an old ASIC, you can pick up S3-S5 for a couple bucks... Don't expect to ROI, but at least you'll see some shares, and you'll make enough satoshi's to actually withdraw from a pool.

If you insist on mining with your NAS, the only option would be to instamine new altcoins the moment they hit the net... For everything else, the diff would be so high you had virtually no chance of ever finding a share, let alone a block.

damn it! i should've started mining in 2009 than my bitcoin would be much much more worth. Now it isn't worth it

[mocacinno]

damn it! i should've started mining in 2009 than my bitcoin would be much much more worth. Now it isn't worth it

Sad but true... Nowadays, there are only 2 BTC mining options:
1) mining as a big company, having loads of capital and a good rates
2) mining to learn the basics of the bitcoin protocol, while losing money

[dunst4n]

Hey guys... I'm not sure if this is the right place to ask, but I thought this topic was quite appropriate.

I have gathered that BTC mining is just not going to be worthwhile for most people. I get it....

But... is there an altcoin which might be worth it? Lite I'm sure won't be worth it either, but how about doge? Or monero? Or something else entirely?

Thanks in advance for your replies.

[mocacinno]

Hey guys... I'm not sure if this is the right place to ask, but I thought this topic was quite appropriate.

I have gathered that BTC mining is just not going to be worthwhile for most people. I get it....

But... is there an altcoin which might be worth it? Lite I'm sure won't be worth it either, but how about doge? Or monero? Or something else entirely?

Thanks in advance for your replies.

TBH, i haven't mined altcoins in a long time, but i've seen a lot of people arguing that GPU mining might still be profitable for people with higher electricity rates.
The thing that scares me is that most alt's have no real world usage, nor a direct way of trading them for FIAT. Most altcoins are traded against BTC.
This makes most altcoins rather unpredictable. You can put a lot of money and/or effort into an altcoin, just to see it become worthless overnight. But this is only my personal opinion.

It is a fact tough that if you stay away from sha256d/scrypt coins, and go for GPU mining, you are using hardware that will stay performant for a longer time (since it seems like GPU benchmarks don't have so big jumps as ASIC benchmarks), your hardware will also have longer manufacturer's warranty and a higher resell value. So, it might be worthwhile to try it out