If you’ve ever looked into crypto mining, you’re probably aware of how expensive it can be.
Buying specialized hardware to mine cryptocurrency can be incredibly expensive and often puts people off the venture altogether.
But you’re free to cut down costs using your pre-existing computer to mine.
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So, can you mine cryptocurrencies using Apple M1- and M2-powered devices?
Can You Mine Crypto With the Apple M1 Chip?
The first of Apple’s silicon chips, the M1, was released in November 2020.
Since then, three subsequent models, theM1 Pro, M1 Max, andM1 Ultrahave launched.
But can you mine cryptocurrency with such devices?
In short, cryptocurrency mining is possible with M1-powered models.
This means that using your rig normally while running your mining operation probably won’t be possible.
But the question is, is it profitable to mine crypto using M1 Silicon?
Unfortunately, the M1 chip isn’t powerful compared to other crypto-mining hardware.
But this doesn’t mean that crypto mining with an M1 chip is out of the question.
Different cryptocurrencies have different mining difficulty levels.
Take Ethereum, for example.
But mining ETH using an M1 isn’t a walk in the park.
High energy efficiency does not equal high hash power.
Gu also noted that configuring his M1 with the Ethminer software wasn’t very easy.
To do so, one needs a knowledge of coding in C++.
Using an M1 chip will not be possible if you’re considering mining Bitcoin.
You also won’t mine Ethereum using an Apple M1-powered chip, as Ethereum mining is deadpost-Ethereum 2.0 Merge.
Can You Mine Crypto With the Apple M2 Chip?
The first version of Apple’s M2 silicon chipwas released in June 2022.
However, it has been confirmed that mining Bitcoin with the M2 chip will not be possible.
Again, the M2 chip isn’t very powerful compared to other crypto-mining hardware.
Currently, there aren’t any solid figures on just how profitable M2 crypto mining can be.
But in any case, it’s looking like the overall profits won’t be very large.
