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Topic: Primecoin [XPM] mining on VPS (Read 16328 times)

sr. member
Activity: 1106
Merit: 251
May 03, 2018, 03:56:25 AM
#21
Is mining XPM using this method still works today? Or if it still works, is it still profitable to mine Primecoin this way? I'm just curious because XPM is doing good in the markets these days if you compare it in its earlier days. I find it interesting enough.

Thanks for any reply.
full member
Activity: 212
Merit: 100
January 19, 2014, 05:57:24 AM
#20
hi,
now i use a 24 thread server for mining on ypool, Yesterday mining at 0.001 in chart, tinight 0.0002. Tomorrow i restart the program and is 0,000035... why?
full member
Activity: 243
Merit: 100
January 14, 2014, 03:45:30 AM
#19
same issue here, ./myinfo doesnt show anything and the primepersec is 3... wtf in the graph shows 46% user use, and 0.29 sys use.. is this correct? i dont think so
full member
Activity: 179
Merit: 100
January 11, 2014, 05:29:47 AM
#18
Why does ./myinfo doesnt work? i enter it but nothing happens
full member
Activity: 235
Merit: 100
December 14, 2013, 04:12:33 AM
#17
Oh my my! The GPU miner is up! I should check that one out now, then. Point my 7950 there for sometime rather than world coin or Digital coin. Wink Thnx

Primecoin GPU Miner?? Where ?
full member
Activity: 186
Merit: 100
September 12, 2013, 05:41:42 AM
#16
Oh my my! The GPU miner is up! I should check that one out now, then. Point my 7950 there for sometime rather than world coin or Digital coin. Wink Thnx
member
Activity: 114
Merit: 10
September 11, 2013, 01:13:31 PM
#15
@desi ...With one CPU - it is not, I did make 1500 xpm  and sold $500 worth of xpm. But the price was 0.7 usd just 2 weeks ago. Now it has dropped to 0.36 - I am hoping it gets better.


@16 And you are wrong about profitability, pump and dump dropped the xpm price. Some People are making $5000/month or more. The key is having cheap or free CPU. If you go to ypool, you will see the top 3-4 ppl making $200-$300/day.

As for GPU miner - it is already up and 3x faster than hp10 CPU miner. They are trying to optimize the GPU miner now.
full member
Activity: 186
Merit: 100
September 11, 2013, 09:52:40 AM
#14
I think primecoin can't be mined on GPU just like scrypt doesn't on ASIC. "Can't" is contextual of course, they're making a GPU miner for primecoin, ASIC's for scrypt on the way. Profitable? No. But people even run Folding@home and SETI@home to help science.
hero member
Activity: 518
Merit: 500
BTC < > INR & USD
September 10, 2013, 11:38:42 AM
#13

are you guys still mining prime coin on CPU's.?
Is that still profitable.?
member
Activity: 114
Merit: 10
September 10, 2013, 01:24:27 AM
#12
full member
Activity: 157
Merit: 100
September 08, 2013, 08:17:15 PM
#11
 I Got 15 windows VPS running with Zero Cost , Does this Work With Windows Vps Smiley
member
Activity: 114
Merit: 10
August 12, 2013, 05:05:50 AM
#10
The problem with VPS mining is that you are banking on the fact that Primecoin price will go up!

The best VPS I found is Amazon EC2 cluster with 16 cores for $0.27/hr making back $0.12/hr in XPM if you are lucky using the ypool mining client.  What is cost of your VPS and how many cores does it have?
sr. member
Activity: 376
Merit: 250
August 12, 2013, 12:24:12 AM
#9
Hey,

I don't intend to hijack this thread but I am selling some cheap VPS and you can also mine Primecoin with other cryptocurrency.
here is the thread: https://bitcointalksearch.org/topic/selling-cheap-vps-for-btc-or-paypal-unlimited-bandwidth-virtual-private-server-262203

member
Activity: 114
Merit: 10
August 09, 2013, 12:23:57 PM
#8
Yes indeed, I am happy with what nodes I have now. However ......if I find another VPS like digital Ocean for $5 ...I will be all over it Cheesy. Another $20 VPS  is not worth it at the moment.

hero member
Activity: 518
Merit: 500
BTC < > INR & USD
August 09, 2013, 12:15:57 PM
#7
My very short tutorial on Linode is up!  It is basically the same as Digital Ocean (Updated my OP)

Let me know of your experiences.  I am wondering if I should add another node.

Mate go slow. See for a couple of days and then choose to add nodes.
Don't spend more than you are making.

Primecoin is very amateur and is prone to attacks.
member
Activity: 114
Merit: 10
August 09, 2013, 11:53:13 AM
#6
My very short tutorial on Linode is up!  It is basically the same as Digital Ocean (Updated my OP)

Let me know of your experiences.  I am wondering if I should add another node.
hero member
Activity: 518
Merit: 500
BTC < > INR & USD
August 09, 2013, 09:58:38 AM
#5
You do make a fair point, I have been running Digital Ocean for 15 hours now ..and I have nothing! With 4 droplets ... ~500pps each (2000 pps) in total ....I am bound to get something in a week.

I do not plan on investing more than $50 on VPS mining ...and hopefully I will get something out of it. At the present cost, ROI is negative. But I think primecoin might have increased Value once BTC-e starts trading it. After all,  since litecoin ... it is the only one with true innovation.

Besides, in 2 - 4 weeks  mining on CPU would be a fool's errand if it is not already now. I plan on making the best out of it till then. Linode (8 Cpu)  seems to be working at 2200 - 2600 pps! ..so it may be a better investment than DigitalOcean

Code:
Stats: {
    "blocks" : 107446,
    "chainspermin" : 1,
    "chainsperday" : 0.29344433,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 9.62883568,
    "errors" : "",
    "generate" : true,
    "genproclimit" : -1,
    "roundsievepercentage" : 30,
    "primespersec" : 2201,
    "pooledtx" : 0,
    "sievepercentage" : 10,
    "sievesize" : 1000000,
    "testnet" : false
}


Amazon EC2 might be better, but I have not tried it yet ..... If there is interest, I will post the Linode tutorial here.

How much does linode cost you. Can you share the setup for linode.?
Thanks,
member
Activity: 114
Merit: 10
August 09, 2013, 07:50:02 AM
#4
You do make a fair point, I have been running Digital Ocean for 15 hours now ..and I have nothing! With 4 droplets ... ~500pps each (2000 pps) in total ....I am bound to get something in a week.

I do not plan on investing more than $50 on VPS mining ...and hopefully I will get something out of it. At the present cost, ROI is negative. But I think primecoin might have increased Value once BTC-e starts trading it. After all,  since litecoin ... it is the only one with true innovation.

Besides, in 2 - 4 weeks  mining on CPU would be a fool's errand if it is not already now. I plan on making the best out of it till then. Linode (8 Cpu)  seems to be working at 2200 - 2600 pps! ..so it may be a better investment than DigitalOcean

Code:
Stats: {
    "blocks" : 107446,
    "chainspermin" : 1,
    "chainsperday" : 0.29344433,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 9.62883568,
    "errors" : "",
    "generate" : true,
    "genproclimit" : -1,
    "roundsievepercentage" : 30,
    "primespersec" : 2201,
    "pooledtx" : 0,
    "sievepercentage" : 10,
    "sievesize" : 1000000,
    "testnet" : false
}



Amazon EC2 might be better, but I have not tried it yet ..... If there is interest, I will post the Linode tutorial here.
hero member
Activity: 518
Merit: 500
BTC < > INR & USD
August 09, 2013, 07:17:09 AM
#3
Good tutorial dumbo. Thanks for that.

Am aware of Primecoin and i tried mining it last week. I mined it for about a day with around 500 - 600 pps and generated only 0.20 primecoin. As per my calculation, we cannot even get back the investment.

So seeing that trend, if we mine on digital ocean with 1 droplet which mines at 400 - 500 pps, the big question is will we be able to get back the investment.

If we do get it back, then what is the profit we are making on it.
member
Activity: 114
Merit: 10
August 08, 2013, 09:07:55 PM
#2
Thanks for pointing out an embarrassing mistake @TheButcher88.

I feel like Primecoin might become as big as Litecoin, and given lack of volume of crypto currencies in India ..We can adopt one currency early and try and control more volume while it is still CPU viable.

if you mine with VPS, please share your pps ...and what VPS you used, how much it costs ..etc.

I am running 4000 pps on Linode and Digital Ocean. I will try to figure out Amazon AWS as well.....it has $100 in free creditd that In tend to use on mining primecoin.

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