VPS mining on CPU based altcoins | Bitcointalksearch.org

hmage

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Quote from: kahir on May 04, 2016, 09:01:07 PM

hello

I old altcoin miner/trader and I heard a lot about the VPS mining for CPU only algorithms altcoins that can only be mined with cpu .. a lot of people talk about how profitable it is for some alts and its free to use..but seem there is no guide out there to show how to or whatever , I would like some help on that matter and is it really free to use and that profitable ... you can see some cpu based altcoins having like 5000 or 6000 workers at pools I'm sure not even the number of people supporting it .

By my calculations it's not profitable -- https://hmage.net/minerstats.php#vps_vultr_5mo

You get $0.07/day at best on cheapest plans. That's only 2.1$/month, while the VPS costs $5/month.

kahir

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well I know its profitable ... like WAYY profitable but people who know how do not want you to get a piece of the pie it seems ... I mean look at espers for example it got bought up to 1 satochi..well its not that much but for this coins it's in billions 1 satochi = 15x ROI on normal personal computer which is nothing compared to those VPS cpu mining machines

BitMaxz

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Quote from: adaseb on May 05, 2016, 03:07:17 AM

You can't mine on a VPS, if you do 100% cpu usage they will ban you. Read the terms.

So if thats the case its better to start staking on vps. so i will suggest to you to buy cbx or any pos(proof of stake) and install it in your vps and run it 24/7.. because some vps have a rules that using 100% cpu will be ban. unlike staking you dont need to use cpu to mined just open the vault or wallet in wait to stake your wallet..

adaseb

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You can't mine on a VPS, if you do 100% cpu usage they will ban you. Read the terms.

Ayers

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i've always wonder if those people really have profit, by investing in so many vps, they are not free, even $1 vps x100 of them will cost you a shit load of money, and those altcoin, usually are not profitable

mobnepal

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Those 5000 to 6000 miners are all VPS from what i know because its easy to buy lots of vps and run cpuminer in it. But like you i also fail to get free guide on how to setup these mining in my vps.

I have lot of linux ubuntu 15.04 vps with 1 gb ram. Is it possible to get atleast 0.0005 btc per day from those vps mining cpu minable altcoins. It will also be great to get list of all supported altcoins for cpu mining.

kahir

legendary

Activity: 1050

Merit: 1000

hello

I old altcoin miner/trader and I heard a lot about the VPS mining for CPU only algorithms altcoins that can only be mined with cpu .. a lot of people talk about how profitable it is for some alts and its free to use..but seem there is no guide out there to show how to or whatever , I would like some help on that matter and is it really free to use and that profitable ... you can see some cpu based altcoins having like 5000 or 6000 workers at pools I'm sure not even the number of people supporting it .

Topic: VPS mining on CPU based altcoins (Read 838 times)