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Topic: Mining at VPS (Read 8127 times)

hero member
Activity: 1540
Merit: 502
September 10, 2016, 10:49:13 AM
#22
Renting VPS for cryptocurrency mining may be profitable but all depends upon condition and situation. Bcz first thing which currency you choose to mine then how much you mine, and third important factor what is current price for selling it.

If make all calculations its not giving good ROI. 
sr. member
Activity: 489
Merit: 260
September 09, 2016, 04:44:05 AM
#21
Any coin with the crypronight algorithm still can make decent returns with mining with a group of free vps hosted on Ubuntu. Tested myself and already got decent earnings daily on it.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
December 29, 2015, 04:18:41 PM
#20
I know people will buy oceandigital vps and use linux to do mining.
newbie
Activity: 14
Merit: 0
December 29, 2015, 04:11:18 PM
#19
how much I can earn in a month from the VPS server with RAM 1024MB, CPU 2 x 3GHz,  disk 80 GB?

I would estimate a few cents worth per century. If you want to mine Bitcoins you really need an ASIC, but even still it's not really worth it unless you have millions ready to invest in a country with low electricity rates.
legendary
Activity: 1946
Merit: 1035
December 29, 2015, 01:36:51 PM
#18
Assuming you get 20 KHS from your 2 cores, if you use your VPS for Bitcoin mining, you will make about $0.0000014 / month at current difficulty and market price. Yes, that is 0.0017 cent a year, or 0.168 cent in 100 years, even without any difficulty increase.

Oh yes, if Bitcoin price goes to $100k in 10 years, always at current diff, it will be about $3.30 yield for 10 years of use of your VPS.

This is, of course, assuming your VPS is free, forever.

Any other question? Roll Eyes



sr. member
Activity: 322
Merit: 250
★777Coin.com★ Fun BTC Casino!
December 29, 2015, 01:28:39 PM
#17
If you are going to insist in getting into mining, buy a small miner and run it for a few days to see what you are getting into.  This will allow you to make an education decision based on what you have observed instead of working on someone else's word.
legendary
Activity: 1456
Merit: 1000
December 27, 2015, 08:31:39 PM
#16
It is completely a waste of money to mine on vps.
Even if you used minergate you will get around 0.5 $ only every month.
Also some vps providers does not allow mining and they may pan your account

VPS mining really was short lived.  You have to remember how fast this industry moves.... people see a way to mine on VPS and you can go so easy it is a mixture that explodes on coins.   Only a free trial will you make anything now, and it will be small earnings most likely.

Old day's you could go to to multiple sites and set up one and make money... but did not last long.  Most of the "bargin" VPS hosts do NOT want miners they use up much more resources then normal client.  So some even lock account's that mine these day's.  But that is the "bargin" ones so you get what you pay for.

But again unless free trial you will make nothing.  And free trial chances are very little you make.  I have not CPU mined in a long time as money is just not there anymore.
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
December 27, 2015, 08:07:51 PM
#15
It is completely a waste of money to mine on vps.
Even if you used minergate you will get around 0.5 $ only every month.
Also some vps providers does not allow mining and they may pan your account
legendary
Activity: 2296
Merit: 1014
December 27, 2015, 08:04:20 PM
#14
how much I can earn in a month from the VPS server with RAM 1024MB, CPU 2 x 3GHz,  disk 80 GB?
Less than rent cost.
newbie
Activity: 7
Merit: 0
December 27, 2015, 06:56:22 PM
#13
OP forget it, no economical sens
sr. member
Activity: 322
Merit: 250
★777Coin.com★ Fun BTC Casino!
December 17, 2015, 09:11:54 PM
#12
There is no use to play with anything like that.  I run VPS for business purposes and I mine things such as Bytecoin, but I am lucky if they mine 1,000 every 3 days.  I just have them doing it because I pay for the service.
member
Activity: 98
Merit: 10
December 17, 2015, 11:13:12 AM
#11
makes nothing no days, miss the mining days
full member
Activity: 252
Merit: 100
December 17, 2015, 09:34:40 AM
#10
how much I can earn in a month from the VPS server with RAM 1024MB, CPU 2 x 3GHz,  disk 80 GB?
Not a good idea. Its much to late to do that.
legendary
Activity: 3206
Merit: 1069
December 17, 2015, 06:59:58 AM
#9
at this point is better to try your luck with an usb stick and solo mining on ck pool, then doing any other cpu mining

not worth the effort at all, as it is today, you can buy an s7 for around $1500 and earn a good profit if your electriity permit it(up to 0.2 is profitable)
member
Activity: 89
Merit: 10
December 17, 2015, 06:39:27 AM
#8
+1 for not bothering with VPS mining. Even with dedicated servers, CPU mining is a waste of time, money, power, hope...

When a CPU-only coin called HeavyCoin launched some time ago I put a whole cluster into it; 10 servers each with Dual Xeon Quad-core 3.06GHz, 16GB RAM and SSD. Mining was tracked via http://hvc.1gh.com/ and the Miner was one that I helped bundle for 32/64 bit CPUs. Initially HeavyCoin was looking like a promising use for CPU power and early earnings were enough to buy a coffee in the first few days.

After 3 weeks though someone ported the Miner to GPU and the value died; one GPU could do more in an hour than 80 x 3.06GHz could hands down and much more efficiently (in both physical space and power usage). My coins were worth exactly less than dirt and I had to actually work for my coffee again.

tl;dr: Hosting cat-pictures is way more profitable than CPU-based mining.
legendary
Activity: 1456
Merit: 1000
December 16, 2015, 10:28:57 PM
#7
You can't profit with mining btc with mediocre specs. The most you need to spend to actually mine would be around 10k of equipment.

I don't think you realize what VPS is... you can have a MASSIVE system as you build a virtual machine.  So you might have 16 or 32 even cores of CPU.  But it's not cheap.

And CPU mining just is so small in reward you lose money.  But spec is not a issue with VPS's.
member
Activity: 79
Merit: 10
December 16, 2015, 06:18:49 PM
#6
You can't profit with mining btc with mediocre specs. The most you need to spend to actually mine would be around 10k of equipment.
legendary
Activity: 1456
Merit: 1000
December 15, 2015, 09:40:02 PM
#5
You will never ROI with VPS mining. I was mining alt coin with free Windows Azure 1 month in 2 years ago just got around 0.003 BTC.

That is only way you make anything is if it's free.  But if you get charged once and don't cancel it... which they hope happens you will pay far more then what you made CPU mining.

It is possible to do  it... just not greatest idea as no profit in it.
hero member
Activity: 596
Merit: 500
F*CK WHALES!
December 15, 2015, 09:02:54 PM
#4
You will never ROI with VPS mining. I was mining alt coin with free Windows Azure 1 month in 2 years ago just got around 0.003 BTC.
legendary
Activity: 1540
Merit: 1003
December 15, 2015, 04:46:43 PM
#3
I used in the past mining with VPS but i used to mine doge which at that time was a cloud mining company, the reward is very less so it is not recommended.
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