Using an old laptop to mine Bitcoin BTC is possible. There are many free software’s that you can or might use to mine crypto with a laptop. Of course, the better the computer, the better the performance will be. But that is not an impediment if you are willing to mine crypto such as Bitcoin BTC or any other currency with and old laptop.
Here is a list of the most popular software’s used to mine Bitcoin BTC:
#1) Pionex
#2) ECOS
#3) Kryptex Miner
#4) Cudo Miner
#5) BeMine
#6) Awesome Miner
#7) BFGMiner
#8) MultiMiner
#9) EasyMiner
#10) CGMiner
#11) BTCMiner
#12) DiabloMiner
#13) NiceHash Miner
Some people suggests that, if you don’t have the proper device, it’s better to go for other crypto that can be more profitable.
For example, in Quora there is a thread about that and someone commented as follows:
“Mining crypto has become more difficult, but there are still opportunities to use an old desktop or laptop to mine a crypto such as Shiba Inu. Created in 2020, it is an Ethereum-based alternative to Dogecoin (DOGE), the meme coin made popular by Elon Musk.
It takes around 10 minutes to mine just 0.00001 Bitcoin, though this is with ideal hardware and software, which isn’t always affordable and only a few users can boast the luxury of. More commonly and reasonably, most users can mine a Bitcoin in 300 days.”
You should also consider the electricity cost. While there are some countries or cities where the electricity could be cheap in some other countries this could be the opposite. So you could end up losing more money than you earn mining. Also, if you want then to actually use the money that you earn mining cryptocurrency, you should consider how much money will cost you to transfer that money between different platforms.
Another Quora user sustains that it is possible to earn money in 2022 mining crypto with an old laptop but you should consider the following issues:
“1. You’ll need a good understanding of the underlying technology and the related issues (e.g. legality, security, volatility).
2. You must have enough money to pay for the necessary equipment and ensure a decent return.
3. You must have access to cheap electricity. Old laptops can be used for mining Bitcoin only if the electricity is free . There are no ways to mine Bitcoin other than using equipment designed for the purpose. Cloud mining is a solution but there is no trustworthy provider that offers zero percent fee.”
As you see, everything is possible but the best way is just to give it a shot and see how profitable it is. May be you will be lucky and maybe you will need to change strategies at some point. You will not be rich, that’s a fact, unless tomorrow the price of bitcoin goes through the roof.