Single board mining

I’ve been working on a new project, mining cryptocurrency on a Raspberry Pi Zero. You might think this is crazy, and it is a little. I’m mining something called Magi coin. Honestly, I don’t know much about it. I may have to look into it more later.

With my Pi running, it looks like I’m getting .5k hash a second, which is super small, but still something, especially considering my Raspberry Pi uses very little power.

Here is what the mining looks like via my ssh connection.

I’m not sure if this is making or losing money at this point. The rewards are super small and my electricity is $.20 a kilowatt hour. The Raspberry Pi also runs the Nyancoin Price bot, which you can find here. So 5v * 1 amp is 5 watts or .005 kwatts, which times .2 is $.001 an hour to run at most.

However, I have been running into a few issues. One, the mining seems to cease whenever my ssh terminal is closed. Two, in total I have run the miner for 20 hours or so. In that time, I have mined 0.00314006 Magi. At a price of approximately $.5 a magi coin, this is not very much. And I know I have spent more than 3 hours mining. So it seems this experiment was not profitable for me at this time.

Here is the video that inspired this adventure.