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Topic: Vps mining (Read 2020 times)

legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 17, 2014, 11:48:19 PM
#40
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?
Read: http://en.m.wikipedia.org/wiki/Virtual_private_server.
It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS.

If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage
You are still sharing the CPU resources. You cannot peg the CPU at 100%. HDD and CPU is different if you use all your HDD, no one would care since it doesn't degrade their performance. However, if you are sharing a whole CPU and you get 1 core while the others get 1, and you use up 100% of that, their performance is still degraded.

I have not looked into the TOS of VPS services that closely. I understand what you are saying that using up all of that core may degrade the rest of the CPU. What my point is that I fell that there is no reason why you shouldn't be able to use 100% of the resources that you are paying for. My agreement with the VPS provider is that I pay $x per hour for the use of "y" resources, if my usage for my "y" resources make it so others cannot use their service to their satisfaction then either their service is not appropriately priced or their setup is incorrect (using/leasing too high a percentage of total resources available).
Generally, VPS aren't designed to host programs that uses too much CPU. I believe that your VPS provider should be able to detect the program that pegs too much CPU. It is pretty unfair to degrade other people performance for your own benefit. Especially when everyone is paying such a cheap price and you are using more percentage than others. VPS are in a shared CPU environment, you only get your own HDD, RAM and brandwidth, your CPU is shared among some others. Get a dedicated server if you need to mine.

I don't think VPS mining would be profitable regardless, but I don't think what is "fair" should be considered. If your agreement says that you have access to "one core" then you should be able to use all the capacity of that "one core" If this kind of activity harms other users then the VPS provider should get additional CPU capacity (that is not leased) to make up for this degradation. Any rational consumer should choose an instance in which close to 100% of their CPU allocation would be used (along with their other resources, HDD, RAM, bandwidth, bandwidth usage limits) to avoid paying for something that they do not need.
I don't think VPS providers actually limit your CPU allocation, you are using the whole CPU when mining. It isn't logical to charge the same price when he is buying even better hardware. If you say that the customer wants to use the whole CPU allocation, he should be buying a dedicated server, that is the only way to get your own CPU for yourself.
sr. member
Activity: 266
Merit: 250
June 17, 2014, 11:14:17 PM
#39
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?
Read: http://en.m.wikipedia.org/wiki/Virtual_private_server.
It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS.

If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage
You are still sharing the CPU resources. You cannot peg the CPU at 100%. HDD and CPU is different if you use all your HDD, no one would care since it doesn't degrade their performance. However, if you are sharing a whole CPU and you get 1 core while the others get 1, and you use up 100% of that, their performance is still degraded.

I have not looked into the TOS of VPS services that closely. I understand what you are saying that using up all of that core may degrade the rest of the CPU. What my point is that I fell that there is no reason why you shouldn't be able to use 100% of the resources that you are paying for. My agreement with the VPS provider is that I pay $x per hour for the use of "y" resources, if my usage for my "y" resources make it so others cannot use their service to their satisfaction then either their service is not appropriately priced or their setup is incorrect (using/leasing too high a percentage of total resources available).
Generally, VPS aren't designed to host programs that uses too much CPU. I believe that your VPS provider should be able to detect the program that pegs too much CPU. It is pretty unfair to degrade other people performance for your own benefit. Especially when everyone is paying such a cheap price and you are using more percentage than others. VPS are in a shared CPU environment, you only get your own HDD, RAM and brandwidth, your CPU is shared among some others. Get a dedicated server if you need to mine.

I don't think VPS mining would be profitable regardless, but I don't think what is "fair" should be considered. If your agreement says that you have access to "one core" then you should be able to use all the capacity of that "one core" If this kind of activity harms other users then the VPS provider should get additional CPU capacity (that is not leased) to make up for this degradation. Any rational consumer should choose an instance in which close to 100% of their CPU allocation would be used (along with their other resources, HDD, RAM, bandwidth, bandwidth usage limits) to avoid paying for something that they do not need.
hero member
Activity: 784
Merit: 500
June 17, 2014, 09:22:32 AM
#38
VPS Mining is definitely not worth it in my opinion. You'll get barely any money from doing it since you're essentially using your CPU to mine.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 16, 2014, 11:38:07 PM
#37
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?
Read: http://en.m.wikipedia.org/wiki/Virtual_private_server.
It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS.

If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage
You are still sharing the CPU resources. You cannot peg the CPU at 100%. HDD and CPU is different if you use all your HDD, no one would care since it doesn't degrade their performance. However, if you are sharing a whole CPU and you get 1 core while the others get 1, and you use up 100% of that, their performance is still degraded.

I have not looked into the TOS of VPS services that closely. I understand what you are saying that using up all of that core may degrade the rest of the CPU. What my point is that I fell that there is no reason why you shouldn't be able to use 100% of the resources that you are paying for. My agreement with the VPS provider is that I pay $x per hour for the use of "y" resources, if my usage for my "y" resources make it so others cannot use their service to their satisfaction then either their service is not appropriately priced or their setup is incorrect (using/leasing too high a percentage of total resources available).
Generally, VPS aren't designed to host programs that uses too much CPU. I believe that your VPS provider should be able to detect the program that pegs too much CPU. It is pretty unfair to degrade other people performance for your own benefit. Especially when everyone is paying such a cheap price and you are using more percentage than others. VPS are in a shared CPU environment, you only get your own HDD, RAM and brandwidth, your CPU is shared among some others. Get a dedicated server if you need to mine.
sr. member
Activity: 266
Merit: 250
June 16, 2014, 11:25:48 PM
#36
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?
Read: http://en.m.wikipedia.org/wiki/Virtual_private_server.
It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS.

If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage
You are still sharing the CPU resources. You cannot peg the CPU at 100%. HDD and CPU is different if you use all your HDD, no one would care since it doesn't degrade their performance. However, if you are sharing a whole CPU and you get 1 core while the others get 1, and you use up 100% of that, their performance is still degraded.

I have not looked into the TOS of VPS services that closely. I understand what you are saying that using up all of that core may degrade the rest of the CPU. What my point is that I fell that there is no reason why you shouldn't be able to use 100% of the resources that you are paying for. My agreement with the VPS provider is that I pay $x per hour for the use of "y" resources, if my usage for my "y" resources make it so others cannot use their service to their satisfaction then either their service is not appropriately priced or their setup is incorrect (using/leasing too high a percentage of total resources available).
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 16, 2014, 09:44:45 PM
#35
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?
Read: http://en.m.wikipedia.org/wiki/Virtual_private_server.
It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS.

If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage
You are still sharing the CPU resources. You cannot peg the CPU at 100%. HDD and CPU is different if you use all your HDD, no one would care since it doesn't degrade their performance. However, if you are sharing a whole CPU and you get 1 core while the others get 1, and you use up 100% of that, their performance is still degraded.
sr. member
Activity: 266
Merit: 250
June 16, 2014, 09:35:28 PM
#34
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?
Read: http://en.m.wikipedia.org/wiki/Virtual_private_server.
It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS.

If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 15, 2014, 10:45:32 PM
#33
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?
Read: http://en.m.wikipedia.org/wiki/Virtual_private_server.
It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS.
sr. member
Activity: 266
Merit: 250
June 15, 2014, 10:40:59 PM
#32
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 15, 2014, 10:38:09 PM
#31
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

I don't think VPS providers care if you are mining or not as long as you are not breaking the law and as long as you are paying them.

It does not affect other people's resources as you are leasing a specific instance.
Are you sure? The resources are shared among other users, their speed will degrade significantly if I take up 100% of the CPU. Even if I am not affecting them, I am damaging the CPU by shortening the lifespan. I don't think the VPS provider would want to spend more money and fix the CPU.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
June 15, 2014, 09:07:21 PM
#30
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

I don't think VPS providers care if you are mining or not as long as you are not breaking the law and as long as you are paying them.

It does not affect other people's resources as you are leasing a specific instance.
legendary
Activity: 1456
Merit: 1000
June 14, 2014, 01:17:55 AM
#29
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

With VPS they monitor for the most part CPU usage.  It can possibly make a little money if you picked right coin.  But if you truly want to mine CPU coins in long run you would probley be better off buying a good CPU.  But i would do some serious ROI before going CPU mining right now with expensive cpu.   
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 13, 2014, 09:36:32 PM
#28
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.
sr. member
Activity: 266
Merit: 250
June 13, 2014, 08:37:08 PM
#27
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.
full member
Activity: 252
Merit: 100
Streamity Decentralized cryptocurrency exchange
June 11, 2014, 11:24:37 PM
#26
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.
but not all VPS not allow u to use their service for mining so you must find VPS that allow for mining
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
June 11, 2014, 11:08:18 PM
#25
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.
member
Activity: 84
Merit: 10
June 11, 2014, 10:52:50 PM
#24
Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
full member
Activity: 140
Merit: 110
bitcoinnaire
June 11, 2014, 03:19:27 PM
#23
It doesn't pay off at all, especially if the VPS decides to throttle whatever instance you have running. Take digital ocean for instance, running two droplets with the free promo I'm lucky if I get 6 kh/s and that's on the lowest tier plan. I don't know about their other plans but I doubt it's profitable.
sr. member
Activity: 406
Merit: 250
June 11, 2014, 02:39:09 PM
#22
You can really do VPS mining?

You can, but your VPS may be shut down and I believe it won't pay for itself.
full member
Activity: 188
Merit: 100
First decentralized MLM system based on Blockchain
June 11, 2014, 02:32:51 PM
#21
You can really do VPS mining?
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