Mining Monero with a Raspberry Pi 3B

By AverageVancouverite | TheMiningBlog | 16 Feb 2020


Mining Monero with a Raspberry Pi 3B

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For those of you that remember when I tried to mine Monero on a Raspberry Pi Zero and ended up getting 1 whole hash per second, you'll be amused to learn that I tried to mine Monero again... This time using a Raspberry Pi 3B! 
I managed to acquire a second hand Raspberry Pi 3B and necessary cords from a guy nearby for about $20.00 US, and I used the same 32GB MicroSD card from the Pi Zero "experiment". 
At first, I considered mining ZCash or Ethereum, but once again settled on mining Monero, as fighting against ASICS and GPUs is probably not the smartest thing to do.

Raspberry Pi 3B Specs:

  • CPU: Quad Core 1.2GHz Broadcom BCM2837 64bit
  • RAM: 1 GB
  • Connections: BCM43438 wireless LAN, Bluetooth Low Energy (BLE), full-size HDMI
  • 4 x USB 2.0 ports
  • Power consumption: Under 5 watts

So... What happened this time?

Learning from what happened last time when my fan failed and my Pi Zero got fried, I plugged in not one. Not two. But there USB fans into the USB port. It seemed a bit overkill, but better safe than sorry!

While the Pi 3B was absolutely silent, the three little fans made a 24-7 buzzing noise. The device didn't get very hot for the entirety of the "experiment". 

Once mining, the device saw a lot of fluctuation, but could mine steadily over 8 H/s on the Cryptonight algorithm, meaning that if difficulty never changes, I don't pay anything for pool fees, and I don't pay for electricity, I'll make a whopping $0.25 US cents a YEAR. While this is over 8 times better than the $0.03 US cents a year by the Pi Zero, this is probably not a smart investment. On the other hand, if I somehow got free electricity and mining difficulties remain static, I'll break even in less than a century!

I decided to let the Pi 3B run for just over one week just to see how it holds up, and I ended up mining 0.00006 XMR. However, I definitely ended up paying more money on electricity than I earned. I also tried my luck and entered a solo mining pool for 3 days. As expected, with 8 H/s, I earned absolutely nothing financially, but it was interesting nevertheless. 

Long story short, you can definitely mine Monero and other cryptocurrencies on a Raspberry Pi 3B. But unless you have free power and a century or two to spare, it probably isn't the most brilliant idea... It's a fun project, and can teach you a bit about how mining works, but don't be too optimistic on earning anything noteworthy! If you're looking to learn a little about mining, this is probably one of the cheapest way to enter and have a bit of fun!

 

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AverageVancouverite
AverageVancouverite

Hey there! I'm just an average Vancouverite who has been mining for several years now, and have used everything from GPUs to ASICs and from CPUs to USB miners! I also write about global news with the World International News Group and do some photography!


TheMiningBlog
TheMiningBlog

A blog dedicated to mining, whether it's with a GPU, USB miner, or ASIC miner! I'll also discuss various Cryptocurrencies and Projects here!

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