Not profitable any more.
It certainly was before, and it's how knighttmb got 371k BTC
It never really was, if you look at historical data... It certainly was before, and it's how knighttmb got 371k BTC
Topic: cloud computing? (Read 1623 times)
Not profitable any more.
It certainly was before, and it's how knighttmb got 371k BTC
It certainly was before, and it's how knighttmb got 371k BTC
I've personally already tried this on Amazon AWS.
Complete waste of time for what you get out of it.
You can sign up and use a micro instance for free if you like. aws.amazon.com
Complete waste of time for what you get out of it.
You can sign up and use a micro instance for free if you like. aws.amazon.com
haha ok I might as well, I'm gonna eat dinner and I'll post back up after I try
if it works I'll start a cloudmining army
if it works I'll start a cloudmining army
Damn man, try it, see what happens. I'm intrigued.
that's sad to hear, guess I won't even try then
thanks for the input though anyway
thanks for the input though anyway
Almost no cloud computing/cloud research systems offer ATI/AMD cards.
They are usually nVidia tesla/quadro cards. They aren't exactly bad, but for bitcoin mining they are worthless.
They are usually nVidia tesla/quadro cards. They aren't exactly bad, but for bitcoin mining they are worthless.
Lol you're most likely right, I couldn't care less about getting kicked off, so I might just try it and see what happens. Who knows maybe I'll find out they have some sick rigs set up to handle all the users, and I doubt they even know what bitcoin mining is so it might take a while to get banned. I'll try it and update if anyone's interested
I bet you just have access to a (weak) CPU, not a high-end ATI gaming GPU, so all you risk is being thrown out due to misuse of resources.
Also it's not even clear to me if you can upload your own programs/executables on this "ispaces" thingie...
Also it's not even clear to me if you can upload your own programs/executables on this "ispaces" thingie...
Ahh gotcha, I figured there was a reason people weren't doing this. But in this case the service I'm using is free, I believe because it's new and still in beta stages, not entirely sure. Even if it's not all that good for mining, it would still be better than not doing anything which is where I'm at now. So would it still be possible to set up a miner there and how would I go about it?
No.
Most cloud services that give you access to that kind of power use nVidia GPU's which are not very good for mining, others are far too expensive to be profitable.
Most cloud services that give you access to that kind of power use nVidia GPU's which are not very good for mining, others are far too expensive to be profitable.
I'm sure some around here have heard of this, but basically there are services that let you access a pc and use it for various things over the internet. I'm sure that's not the greatest description but for instance there is a game service called "on live" that allows you to play pc games on very powerful computers, as long as you have a fast enough internet connection not to cause any lag.
So I'm registered for a service called "ispaces" which basically gives you a desktop that you can access from anywhere and use it as your personal computer. Would I be able to use this for mining? I'm in the process of building a rig right now so I can't do anything yet, would this be worth trying in the meantime? If it works out I guess it would be possible to register multiple accounts and run a ton of miners at once.
So I'm registered for a service called "ispaces" which basically gives you a desktop that you can access from anywhere and use it as your personal computer. Would I be able to use this for mining? I'm in the process of building a rig right now so I can't do anything yet, would this be worth trying in the meantime? If it works out I guess it would be possible to register multiple accounts and run a ton of miners at once.
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