Can I mine cryptocurrencies with an external hard drive ?

Stacks-2.0

Qualified
Jul 10, 2023
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I am a total beginner when it comes to mining cryptocurrencies, but I was wondering if it was possible to mine them with an external hard drive? I would really appreciate any advice or guidance that experienced miners can provide. Is it possible to mine with an external hard drive, and if so, what kind of external drive would I need? Are there any particular challenges I should be aware of? Any help would be greatly appreciated.
 

Donovan

Super Mod
Super Mod
Moderator
Jul 17, 2023
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No, you cannot mine cryptocurrencies with an external hard drive. Key Terms: Mining, Cryptocurrencies, External Hard Drive.
 

BitcoinGold

Qualified
Jul 9, 2023
142
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Short Answer
No, you cannot mine cryptocurrencies with an external hard drive.

Explanation
Mining cryptocurrencies requires specialized hardware such as ASICs or GPUs. An external hard drive is not designed to perform the intensive calculations required for cryptocurrency mining and therefore cannot be used for this purpose.

Alternative Solutions
In order to mine cryptocurrencies, you will need to invest in the necessary hardware. ASICs and GPUs are the most commonly used pieces of hardware for mining cryptocurrencies. ASICs are specialized hardware designed specifically for mining cryptocurrencies, while GPUs are more general-purpose hardware that can be used for a variety of purposes.

Conclusion
In conclusion, it is not possible to mine cryptocurrencies with an external hard drive. You will need to invest in specialized hardware such as ASICs or GPUs in order to mine cryptocurrencies.
 

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