Author

Topic: Mining in Amazon Cloud? (Read 11950 times)

hero member
Activity: 602
Merit: 500
August 09, 2011, 07:21:50 PM
#12
only relevant text quoted below:

Quote
2. It's not worth it. The Amazon servers cost more than the bitcoin earnings.
member
Activity: 100
Merit: 10
August 09, 2011, 06:06:38 PM
#11
kefir wrote up a step by step howto (with acheived hashrates, cost, etc) for GPU and CPU mining in the amazon cloud (you can also search for 'ec2'):  https://bitcointalksearch.org/topic/howto-mining-on-amazon-ec2-cluster-gpu-instance-8405
member
Activity: 98
Merit: 11
August 09, 2011, 04:48:51 PM
#10
I want to know how to do this on Amazon cloud.

Is this available in U,the amazon cloud?

If so How do I signup in UK for Amazon cloud?

Has Amazon kicked or banned anyone from using the free tier of service for bitcoin mining?or is it allowed but throttled?



Did you not read the above posts? CPU mining in the cloud is useless. Please don't even bother.
legendary
Activity: 1022
Merit: 1000
Freelance videographer
August 08, 2011, 10:19:39 AM
#9
I want to know how to do this on Amazon cloud.

Is this available in U,the amazon cloud?

If so How do I signup in UK for Amazon cloud?

Has Amazon kicked or banned anyone from using the free tier of service for bitcoin mining?or is it allowed but throttled?

sr. member
Activity: 280
Merit: 252
April 22, 2011, 04:12:47 PM
#8


Tried it.

Free tier will give you ~3-4 MHash/sec after the first minute or two.

thanks for the feedback.

Do you get that ~3-4 MHash/sec 24/7?
Not a lot really I guess.

If my maths is correct at the current difficulty of ~92000 you would only make on average ~0.03 - 0.04 BTC per day with this setup (assuming getting 3-4Mhash/sec 24/7)

thanks again.

Woops, please allow me to re-phrase that. You will get about 3-4 KILO hashes per second, not mega, so like a few thousand hashes per second, that's it - on the free tier.

It's because you are only allowed "bursted" CPU cycles on the free tier. In other words... you can use the free tier kind of, for a short while, and then get throttled within 1-2 seconds. Can't really complain for free though.
hero member
Activity: 840
Merit: 1000
April 21, 2011, 07:50:28 PM
#7
I tried to mine on the free tier and it throttled down to 20-30 khash/s (useless) and lagged up my ssh session.  Now i'm just running bitcoind with 8333 forwarded to help the network.
k
sr. member
Activity: 451
Merit: 250
April 21, 2011, 04:42:17 PM
#6


Tried it.

Free tier will give you ~3-4 MHash/sec after the first minute or two.

thanks for the feedback.

Do you get that ~3-4 MHash/sec 24/7?
Not a lot really I guess.

If my maths is correct at the current difficulty of ~92000 you would only make on average ~0.03 - 0.04 BTC per day with this setup (assuming getting 3-4Mhash/sec 24/7)

thanks again.
sr. member
Activity: 280
Merit: 252
April 21, 2011, 04:16:54 PM
#5
Hi,

I'm wondering is it possible to mine using the Amazon cloud services?


Maybe would not be economical if it's possible but there is a free tier - so could possibly use that for free and get some free coins by mining.

http://aws.amazon.com/ec2/#pricing

Quote
Free Tier*

As part of AWS’s Free Usage Tier, new AWS customers can get started with Amazon EC2 for free. Upon sign-up, new AWS customers receive the following EC2 services each month for one year:

750 hours of EC2 running Linux/Unix Micro instance usage
750 hours of Elastic Load Balancing plus 15 GB data processing
10 GB of Amazon Elastic Block Storage (EBS) plus 1 million IOs, 1 GB snapshot storage, 10,000 snapshot Get Requests and 1,000 snapshot Put Requests
15 GB of bandwidth in and 15 GB of bandwidth out aggregated across all AWS services

Is it possible?
What do you think?

Tried it.

Free tier will give you ~3-4 MHash/sec after the first minute or two.
k
sr. member
Activity: 451
Merit: 250
April 21, 2011, 03:41:34 PM
#4
I'm wondering is it possible to mine using the Amazon cloud services?

Is it possible?
What do you think?
Yes, it's possible, but they use inferior nVidia Teslas and it would be insanely more expensive compared to buying your own rig.

but if you only used the free tier and somehow limited it so that it wouldn't break the ToS.
Interesting what sort of kHash/s could be generated using the free tier.
hero member
Activity: 742
Merit: 500
April 21, 2011, 01:21:07 PM
#3
I'm wondering is it possible to mine using the Amazon cloud services?

Is it possible?
What do you think?
Yes, it's possible, but they use inferior nVidia Teslas and it would be insanely more expensive compared to buying your own rig.
member
Activity: 98
Merit: 13
April 21, 2011, 01:05:39 PM
#2

I guarantee there is a clause in their ToS that prevents 100% CPU usage for extended periods, in the free tier.  Somebody will notice if their EC2 nodes are doing nothing but bitcoin Smiley

k
sr. member
Activity: 451
Merit: 250
April 21, 2011, 12:49:29 PM
#1
Hi,

I'm wondering is it possible to mine using the Amazon cloud services?


Maybe would not be economical if it's possible but there is a free tier - so could possibly use that for free and get some free coins by mining.

http://aws.amazon.com/ec2/#pricing

Quote
Free Tier*

As part of AWS’s Free Usage Tier, new AWS customers can get started with Amazon EC2 for free. Upon sign-up, new AWS customers receive the following EC2 services each month for one year:

750 hours of EC2 running Linux/Unix Micro instance usage
750 hours of Elastic Load Balancing plus 15 GB data processing
10 GB of Amazon Elastic Block Storage (EBS) plus 1 million IOs, 1 GB snapshot storage, 10,000 snapshot Get Requests and 1,000 snapshot Put Requests
15 GB of bandwidth in and 15 GB of bandwidth out aggregated across all AWS services

Is it possible?
What do you think?
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