Basically i just want a set up that will return coins or fractions of a coin, don't care how long it takes....
You're about two years too late. You'd get pennies a week, if even. You would mine an amount equal to about a hundredth of the cost of the electricity you'd be using.
Topic: Some Questions (Read 565 times)
you are wasting your time trying to mine via a vps. If you have a decent graphics card you can do some mining just to get the feel for it but you probably won't make profit.
ASIC's are basically computers designed for a specific application, in this case bitcoin mining or doing the hashes so they are a lot faster than even top graphics card gpu's and also use a lot less power. But there is a waiting list for all the current ones on sale I think so if you ordered now you might have to wait a few months and by then it may not be worthwhile.
ASIC's are basically computers designed for a specific application, in this case bitcoin mining or doing the hashes so they are a lot faster than even top graphics card gpu's and also use a lot less power. But there is a waiting list for all the current ones on sale I think so if you ordered now you might have to wait a few months and by then it may not be worthwhile.
You should be able to make 0.0001 BTC /day until ASIC comes along, then it'll be about 1/50 or 1/100th of that.
Here's why: http://bitcoinsbs.wordpress.com/2013/01/16/how-much-mhash-does-it-take-to-mine-1-btc/
Here's why: http://bitcoinsbs.wordpress.com/2013/01/16/how-much-mhash-does-it-take-to-mine-1-btc/
https://bitcointalksearch.org/topic/helpful-articles-for-newcomers-please-read-before-asking-for-support-15918 <-- start here. Lots of info about bitcoin, mining, wallets, etc.
https://bitcointalksearch.org/topic/are-asics-the-last-major-evolution-in-mining-hardware-140578 <-- then this. ASIC discussion.
Don't waste any money before you come far more informed about bitcoin, the economy around it, and the scene/community.
https://bitcointalksearch.org/topic/are-asics-the-last-major-evolution-in-mining-hardware-140578 <-- then this. ASIC discussion.
Don't waste any money before you come far more informed about bitcoin, the economy around it, and the scene/community.
How long ago was that? And what is ASICs?
I've done it, used guiminer, made about 2cents after three weeks. It'll just fry your CPU dont do it bud
So i wouldnt gain any amount of BTC at all? And what is ASICs?
It will be useless
I am relatively certain that if you peg the CPU on a VPS you will find your account terminated.
I plan on using a VPS very low specs but i want to use a pool. What would my return be? Keep in mind i don't really care if i get fraction or a coin.
THe VPS will be ubuntu linux or Debian What is a good CPU miner for linux since it will be a VPS i wont have access to the graphics card...
Basically i just want a set up that will return coins or fractions of a coin, don't care how long it takes....
any ideas?
THe VPS will be ubuntu linux or Debian What is a good CPU miner for linux since it will be a VPS i wont have access to the graphics card...
Basically i just want a set up that will return coins or fractions of a coin, don't care how long it takes....
any ideas?
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