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Topic: Running Bitcoin on Virtual Private Servers? (Read 4199 times)

sr. member
Activity: 252
Merit: 250
September 09, 2010, 09:48:30 AM
#6
Well, the ones I tested were from lowendbox.com... I didn't test the ones that accept only PayPal because somehow I'm banned there. The best one from lowendbox.com was RackVM with 2Mhashes for $4/mo, but they don't have that offer anymore and went offline as far as I can see. The worst one was spacerich.com with 0.5 Mhashes for $3

It's still not clear if VPS mining can be profitable, so you are free to test Smiley
newbie
Activity: 39
Merit: 0
September 09, 2010, 12:09:31 AM
#5
http://www.lowendbox.com/ is a great site that lists cheap vps hosting offers. There are many and performance will vary depending on the host but, it's a cheap way to test it out. I think this type of thing will depend greatly if the provider oversells the vps servers capacity or not.
member
Activity: 73
Merit: 10
September 08, 2010, 03:26:41 PM
#4
I tried about 6 different cheap VPS providers and the best performance/cost so far is $11 for 8Mhashes/sec, 4 cores, v0.3.11. That's 11 / 0.06 = more than 183 BTC/month to get profit. I obviously get less than that, but I'm happy to pay less for my server and support bitcoin network.

1 provider had 2Mhashes for $4, 2 cores, but they eventually sillently went offline and I cannot connect to my server anymore. The rest had below 1 Mhash (but I haven't tested 0.3.11+).

I have never had my account terminated. One of them sent me a notification because they suspected I had some kind of performance problem and CPU cycles were wasted. But when I explained them that it was by design and I couldn't use less CPU, they just said ok.
So, no providers are truly profitable for bitcoin generation?
sr. member
Activity: 252
Merit: 250
September 08, 2010, 03:08:59 PM
#3
I tried about 6 different cheap VPS providers and the best performance/cost so far is $11 for 8Mhashes/sec, 4 cores, v0.3.11. That's 11 / 0.06 = more than 183 BTC/month to get profit. I obviously get less than that, but I'm happy to pay less for my server and support bitcoin network.

1 provider had 2Mhashes for $4, 2 cores, but they eventually sillently went offline and I cannot connect to my server anymore. The rest had below 1 Mhash (but I haven't tested 0.3.11+).

I have never had my account terminated. One of them sent me a notification because they suspected I had some kind of performance problem and CPU cycles were wasted. But when I explained them that it was by design and I couldn't use less CPU, they just said ok.
legendary
Activity: 1596
Merit: 1091
September 07, 2010, 07:26:38 PM
#2
I rent out a VPS for $5.95 a month and it uses two shared Xeon E5620 processors. Would it be unethical for me to be running Bitcoin on it? Do VPS providers have good CPU throttle methods so I don't bog everybody on my node down?

It entirely depends on your provider's Terms of Service and Acceptable Use Policy.  Some providers, especially "cloud" providers, are happy to let you use as much CPU as your VPS permits.  Other providers will terminate your account if it consistently uses 100% CPU.

member
Activity: 73
Merit: 10
September 07, 2010, 07:22:38 PM
#1
I rent out a VPS for $5.95 a month and it uses two shared Xeon E5620 processors. Would it be unethical for me to be running Bitcoin on it? Do VPS providers have good CPU throttle methods so I don't bog everybody on my node down?
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