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Topic: How to mine CPU coins for free (Read 21470 times)

hero member
Activity: 686
Merit: 501
TokenUnion-Get Rewarded for Holding Crypto
November 06, 2011, 10:56:22 PM
#46
With the current LTC difficulty (0.61881515), LTC price (0.015984) and 1 khash/sec, you can make $0.78 per month.

The average seems to be about 0.30 khash/sec or so, though, which would be $0.23 per month.


Unless you can get at least 1 khash/sec, this doesn't seem to be worth registering for.
hero member
Activity: 822
Merit: 1002
November 04, 2011, 03:14:01 PM
#45
No, they don't count CPUs nor instances but HOURS. You have 750 hours per month. 1 instace 24/7 = 24*30 = 720 hours per month - it's free. 2 instances = 2 * 24*30 = 1440 - 750 = 690 hours to pay etc.

Here is a nice calculator for this:
http://calculator.s3.amazonaws.com/calc5.html

And about a micro instance:
Quote
Micro Instances - Instances of this family provide a small amount of consistent CPU resources and allow you to burst CPU capacity when additional cycles are available. They are well suited for lower throughput applications and web sites that consume significant compute cycles periodically. Micro Instance 613 MB of memory, up to 2 ECUs (for short periodic bursts), EBS storage only, 32-bit or 64-bit platform.
full member
Activity: 154
Merit: 101
Bitcoin!
November 04, 2011, 03:02:21 PM
#44
Free tier has 750 hours of EC2 running Linux/Unix Micro instance usage per month. So if you have one micro instance you can use it all month 24/7 for free.
Right, but do they not also have limits as to how many CPU cycles/processor time you can use in the free tier?
hero member
Activity: 822
Merit: 1002
November 04, 2011, 02:46:54 PM
#43
Free tier has 750 hours of EC2 running Linux/Unix Micro instance usage per month. So if you have one micro instance you can use it all month 24/7 for free.
full member
Activity: 154
Merit: 101
Bitcoin!
November 04, 2011, 02:24:29 PM
#42
And is it staying withing Amazon's limits for the free service?  Or will you be billed?
full member
Activity: 154
Merit: 101
Bitcoin!
November 04, 2011, 11:41:18 AM
#41
I've been mining on the micro instance for a couple days now.  I'm not getting much out of it.  The speed fluctuates wildly.
What's your average speed and what currency are you mining?
hero member
Activity: 630
Merit: 500
November 04, 2011, 10:55:39 AM
#40
has anyone tried this?

how much did you get out?
and how much is the equivalent in BTC?

cheers
I've been mining on the micro instance for a couple days now.  I'm not getting much out of it.  The speed fluctuates wildly.
legendary
Activity: 1484
Merit: 1005
November 04, 2011, 10:20:46 AM
#39
What do you need a Github acct for?

Posting in the mining speed wiki page
full member
Activity: 154
Merit: 101
Bitcoin!
November 04, 2011, 09:55:29 AM
#38
What do you need a Github acct for?
legendary
Activity: 1484
Merit: 1005
November 04, 2011, 09:19:55 AM
#37
you do need a github account yep
Here is my cpu info for someone to add
1055t @ 3.7ghz/2.6ghz nb. 3.88 kh/s per core (23.3kh/s per cpu), tenebrix miner/cpuminer, k10 flags on gcc4.1.6. Os is ubuntu, power usage is 225w.
sr. member
Activity: 392
Merit: 250
November 04, 2011, 03:13:02 AM
#36
You guys do understand that you only get so much processor time/power per month under that free account. After the limit is passed, you will start getting billed.
I indeed launched a so called "free" micro instance, and it seems to be to be billed in my account activity report... until I see the real bill at the end of the month, I'm not running this again. Luckily I had some issue with putty and the key so didn't actually run the instance for more than an hour.
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
November 04, 2011, 01:37:29 AM
#35
Calculations for the free EC2, assuming a generous speed of 1.5 khash/s:

Using http://allchains.info/calc.html tells me that you get 3.961 coins per day, or if you use 750 hours, 750*3.961/24 = 123.78125 LTC
At the current exchange rate (~0.01 BTC/LTC) that gives 1.237 BTC, or (3.25 USD/BTC) about 4 dollars. In total.

Obviously, if you get the more expensive EC2, even with 8 cores, it's not worth the money, as you get about 4/750 = 0.0053 dollar per core per hour. The LTC/difficulty ratio would need to increase ~5 times for this to be beneficial, assuming you actually get 8 cores at $0.216/hr.
sr. member
Activity: 700
Merit: 250
November 03, 2011, 09:13:41 PM
#34
has anyone tried this?

how much did you get out?
and how much is the equivalent in BTC?

cheers
hero member
Activity: 630
Merit: 500
November 03, 2011, 03:05:02 PM
#33
Updated wiki with mine  Wink
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
November 02, 2011, 09:08:42 PM
#32
Quote
A valid credit card is required to sign up. See offer terms

 Angry
member
Activity: 81
Merit: 10
November 02, 2011, 08:57:17 PM
#31
just added some of mine
sr. member
Activity: 418
Merit: 253
November 02, 2011, 08:36:05 PM
#30
Just made the page: https://github.com/coblee/litecoin/wiki/Mining-hardware-comparison
I think you need a github account to edit? I'm not sure. Try and see.

Yes you do, adding mine
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
November 02, 2011, 08:32:53 PM
#29
Just made the page: https://github.com/coblee/litecoin/wiki/Mining-hardware-comparison
I think you need a github account to edit? I'm not sure. Try and see.
sr. member
Activity: 418
Merit: 253
November 02, 2011, 08:01:56 PM
#28
Damn damn double damn.  Time to build a server at home with hexacores in it or something.

We need a wiki page for CPU hash rates on scrypt

100% agree with this. Maybe on Litecoin wiki if that exists etc. !?

Theres this: https://github.com/coblee/litecoin/wiki but thats nothing much
hero member
Activity: 518
Merit: 500
November 02, 2011, 07:57:31 PM
#27
Damn damn double damn.  Time to build a server at home with hexacores in it or something.

We need a wiki page for CPU hash rates on scrypt

100% agree with this. Maybe on Litecoin wiki if that exists etc. !?
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