How to stake 24/7 on a VPS? - page 3.

Abiky

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Quote from: Arrakeen on July 01, 2016, 11:54:03 AM

Quote from: Abiky on July 01, 2016, 10:06:13 AM

All I know is how to setup the same on it

The what?

If you know how to setup a VPS, you should be smart enough to figure out how to install a wallet on one...

Sounds like you need a step by step guide from the very beginning? Do you even have an account with a VPS host?

Sure. I already know how to setup the VPS. The VPS host I use is called DigitalOcean VPS. I only wanted to know if VPS services allow you to run them 24/7. If so, I would leave the wallet staking 24/7 on it. It would be really great and serve as my own cloud staking service rather than depending on a third party like Stakeminers.com

ebookscreator

sr. member

Activity: 266

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better to look for yearly payment of vps so that you can make a profit.. many vps are giving discounted coupon..
Now if you are starting staking in vps better to set all your daily and make sure that you are holding more altcoin in your wallet to stake more daily..

Jumanga

newbie

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Just download the wallet for linux and start it up trough SSH and detach the proces from the SSH connection and it will work like a charm.

CryptoGods

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Enhancing Blockchain Technology

Quote from: crairezx20 on July 01, 2016, 12:03:24 PM

I think VPS companies are not allowed mining they are banning those members if they know that you are mining using their service..

Abiky is not asking "how to mine with a VPS", is asking if he can use his own VPS to stake his coins 24/7, without leaving his own PC powered on days and nights.
Of course is possible, and also pretty simple. You need only to install some dev libraries and your coin wallet, generate a new receiving address and send your coins to the VPS wallet. And monitor the "staking process" simply using a block explorer.

You can withdraw at any time just launching this command using SSH Terminal (if you are using Linux):

Code:

sendtoaddress

Of course you can also upload your wallet.dat, in order to control the "staking wallet" also on your PC, without dealing with terminal commands.

Like kiklo says, you need a lot of coins in staking, just to cover the VPS costs. Then, if you haven't our suggestion is to leave your wallet open simply when you are using your PC

If you need a cheap and fast VPS plan, take a look at our new page, rebranded yesterday

https://cryptogods.net/hosting.php

ps: @crairezx20, you're correct, most hosting providers doesn't allow crypto mining, our plans too can't be used for mining itself, but we allow creating mining pools if needed.

Best regards,
CryptoGods Tech Team

Holdaaja

legendary

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If 15gb bandwidth per month is enough then you can get vps for absolutely free at https://aws.amazon.com/free/
And even after that 15gb you will pay per gb only for what you use.

kiklo

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Quote from: Abiky on July 01, 2016, 10:06:13 AM

I would like to know if it is possible to stake a PoS coin like Diamond or Hyperstake 24/7 from within the VPS. All I know is how to setup the same on it, but I don't how to make it run 24/7 as the more the wallet is open, the more chances of receiving stakes I will get. Any advice, tips or tricks would be helpful to me. I would greatly appreciate any help with this.

Answer : Yes

Price for a Windows VPS range from $15 and up per month.
Price for a Linux VPS start ~$7 and up.

Problem is this , unless you just want to act as a node supporting their networks, you are wasting your money.

With Diamond coin , place all of your coins in 1 or 2 blocks so you only need to be online for 2 or 3 hours to stake every 15 days or so.
With Hyperstake, you have a max cap so you have to space it out, but you can just leave your PC up 1 night a week to stake.

You need to calculate your Profit potential, odds are a VPS will cost you more money than what the extra time online earns you.
You would make their networks more stable, but is that something you want to go in a deficient for.

Cool

FYI:
The one instance where it could save you money is if your internet usage is billed per gigabyte and you are going over your usage limits every month.
If that is the case the VPS could be cheaper that getting billed for exceeding your usage limits.

amacar2

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I am not quite known with staking POS coin but every VPS which have more than 1gb ram can run 24x7 if you only keep it open with one app of your wallet open. Buy linux vps rather than windows as linux use very less ram than windows.

Posum578

sr. member

Activity: 336

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Quote from: crairezx20 on July 01, 2016, 12:03:24 PM

I think VPS companies are not allowed mining they are banning those members if they know that you are mining using their service..
Why dont you try to buy a set of cpu to mine your own without restriction..

I think that is not pow mining , it is pos mining. so it just open wallet to mine

to OP
VPS already work 24/7, so you can just instal the wallet and import your backup from your dekstop wallet to vps

crairezx20

legendary

Activity: 1638

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I think VPS companies are not allowed mining they are banning those members if they know that you are mining using their service..
Why dont you try to buy a set of cpu to mine your own without restriction..

Arrakeen

hero member

Activity: 532

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Offer escrow, receive negative trust

Quote from: Abiky on July 01, 2016, 10:06:13 AM

All I know is how to setup the same on it

The what?

If you know how to setup a VPS, you should be smart enough to figure out how to install a wallet on one...

Sounds like you need a step by step guide from the very beginning? Do you even have an account with a VPS host?

raphma

sr. member

Activity: 350

Merit: 250

be more specific... what is your doubt? just install the wallet and send some coins. it will stake 24/7.
i'm using aws right know with decred stake and it is 24/7, never had any problem.

Holdaaja

legendary

Activity: 1274

Merit: 1000

What vps do you use?
Should work by just closing your connection to the vps without shutting down the vps...

bobmarley650

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Activity: 1232

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Quote from: Abiky on July 01, 2016, 10:06:13 AM

I would like to know if it is possible to stake a PoS coin like Diamond or Hyperstake 24/7 from within the VPS. All I know is how to setup the same on it, but I don't how to make it run 24/7 as the more the wallet is open, the more chances of receiving stakes I will get. Any advice, tips or tricks would be helpful to me. I would greatly appreciate any help with this.

There is no need for tips and tricks for this, VPSs work 24h

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

I would like to know if it is possible to stake a PoS coin like Diamond or Hyperstake 24/7 from within the VPS. All I know is how to setup the same on it, but I don't how to make it run 24/7 as the more the wallet is open, the more chances of receiving stakes I will get. Any advice, tips or tricks would be helpful to me. I would greatly appreciate any help with this.

Topic: How to stake 24/7 on a VPS? - page 3. (Read 4448 times)