Using Evernode To Mine BTC | Bitcointalksearch.org

mikeywith

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be constructive or S.T.F.U

Quote from: silverfox33 on April 01, 2024, 05:57:33 PM

The interesting part is that there are 8000 available vps's so a high hash rate may not be necessary considering how many there are.

Just picking a random CPU "Opteron 6174 12core" has a hashrate of about 30mh/s when it comes to hashing sha256, the oldest running ASIC today would maybe antminer S7, if you look around you may find it for free, Antminer S7 does 4.7th/s , 4.7 tera is 1000000*4.7 = 4,700,000mh/s, in other words, that obsolete miner is more powerful than 150k Opteron.

The latest-gen miners do 100-200th, that's an order of magnitude higher than any combination of any CPUs out there, Bitmain can make in a single hour what Intel and AMD will never make in a 1000-year if the challenge was hashing sha256 using CPU vs ASICs.

silverfox33

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Quote from: NeuroticFish on April 01, 2024, 03:57:58 PM

Quote from: silverfox33 on April 01, 2024, 03:52:25 PM

I'm curious if this CPU power from Evernode could potentially be harnessed for Bitcoin mining. Is it a viable option?

Imho it's not. CPU mining, even with strong CPUs, will not provide a meaningful hash rate. For Bitcoin you need ASICs.
However, with some luck you might find altcoins that can still be mined on CPU (and for that you have to ask in Altcoins area).
Just keep in mind that most probably you'll be breaking some rules/ToS/whatever if you do this.

The interesting part is that there are 8000 available vps's so a high hash rate may not be necessary considering how many there are. Thanks for letting me know about the rules and for your insight

NotFuzzyWarm

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@OP
You really need to read the sticky at the top of this area... https://bitcointalksearch.org/topic/bitcoin-mining-intro-rules-of-this-subforum-read-before-posting-2415854 Mainly point-3
In short you CANNOT MINE BTC using CPU's. Period.

NeuroticFish

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Quote from: silverfox33 on April 01, 2024, 03:52:25 PM

I'm curious if this CPU power from Evernode could potentially be harnessed for Bitcoin mining. Is it a viable option?

Imho it's not. CPU mining, even with strong CPUs, will not provide a meaningful hash rate. For Bitcoin you need ASICs.
However, with some luck you might find altcoins that can still be mined on CPU (and for that you have to ask in Altcoins area).
Just keep in mind that most probably you'll be breaking some rules/ToS/whatever if you do this.

silverfox33

newbie

Activity: 7

Merit: 0

Hi everyone,

I'm venturing into the mining realm and could use some insight from folks who know more about it than I do.

Based on my calculations it's un-profitable to use a VPS due to a low hash rate and the cost of the CPU, but I'm curious if anyone is making it work.

In my search to find cheap CPU I've come across Evernode, where some hosts offer high-spec machines for a cheap price. Many hosts have 32 cores, with lease rates as low as 0.000001 EVR / hour. 1 EVR currently costs about $0.40

Can see some of these available leases here: https://xahau.xrplwin.com/evernode

I'm curious if this CPU power from Evernode could potentially be harnessed for Bitcoin mining. Is it a viable option? Has anyone experimented with a similar approach in the past? This may be too far-fetched but I'm genuinely curious to explore new possibilities to get an edge in the mining world. Looking forward to anyone's input or perspectives.

Thank you

Topic: Using Evernode To Mine BTC (Read 78 times)