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Is there a realistic way a person having an old computer and cheap (but not free) electricity can actually mine monero equal to some amount which can be used to donate to good service providers or purchase services?

I keep hearing about low reward to effort ration, but can I get a respectable amount in let's say a year without having to deanonymize myself by going to a Centralised exchange?

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[-] BCsven@lemmy.ca 1 points 7 hours ago

How is cash traced back to you? And you can pay cash for a prepaid card so the transaction is pretty anonymous.

I haven't followed the coin you may be using but recently bitcoin were hitting the reward is not with the cost of gear and electricity, causing miners to move to something else. I think that is by design of how cryptoworks, you eventually reach a stasis of mined coins

[-] umbrella@lemmy.ml 1 points 5 hours ago
[-] BCsven@lemmy.ca 2 points 5 hours ago

They don't know who you gave cash to if you take cash out of bank and then send via mail, money order etc

this post was submitted on 14 Jun 2026
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