Topic: Rent server machine for LTC mining?[EDIT:Not worth it] (Read 1323 times)
I'm looking at putting a few spare LTCs into some LTC Pyramining stocks on Cryptostocks once I've mined a few on my laptop, might be worth looking into as an alternative.
Basically anywhere that let's you rent high performance computing, so I guess maybe "cloud" is wrong. I know University of Illinois had a service back at their supercomputing center a few years ago, not sure if they still offer it
pekv if you do want to use cloud computing for mining, there are some niche cloud services that give you high-end performance, but they are expensive. You would have to really play the market and make sure the value of coins you can mine is always more than the cost of renting servers
Could you name some of these niche cloud services?
pekv if you do want to use cloud computing for mining, there are some niche cloud services that give you high-end performance, but they are expensive. You would have to really play the market and make sure the value of coins you can mine is always more than the cost of renting servers
Alright, thanks guys, for the headsup.
Ah, you also need a creditcard just to sign up as well. uh well, it was well worth asking.
Ah, you also need a creditcard just to sign up as well. uh well, it was well worth asking.
The only possibility for an amazon machine to make any money would be a micro instance under the free tier for the 1st year. This means you'd get about ~10khash/sec for 1 year. So you'd waste an amazon instance to earn about $10 over the course of a year.
Sooooooo, I suppose it's not impossible. But as soon as you're out of the Free Tier, it'd be worthless.
Sooooooo, I suppose it's not impossible. But as soon as you're out of the Free Tier, it'd be worthless.
Sure, but it's a losing investment from second 0
Could an amazon server machine be rented and used to mine ltc?
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