Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: kluvapi on November 17, 2017, 07:44:26 AM



Title: Best instance type and cryptocurrency for mining on AWS.
Post by: kluvapi on November 17, 2017, 07:44:26 AM
I understand that AWS mining is not profitable in general. However, I have access to some Amazon promotion coupons.
Can anybody advice spot instance type on AWS that is the most profitable for mining (or has a least loss rate)? I would like to make maximum profit from my credits.
What cryptocurrency would be the best choice?
Thanks.


Title: Re: Best instance type and cryptocurrency for mining on AWS.
Post by: igorstep on November 17, 2017, 08:33:08 AM
i wouldn't recommend mining on Amazon AWS. Especially with coupons. They may cancel your coupon and bill you.


Title: Re: Best instance type and cryptocurrency for mining on AWS.
Post by: jadefalke on November 17, 2017, 08:45:51 AM
In Generall mining with AWS is nice when a new Coin Emerges since you can spin up quite fast your Miner, but for Log Term Mining it is way to expensive.
CPU Coin are best sicne the CPU INstnaces are quite cheap.


Title: Re: Best instance type and cryptocurrency for mining on AWS.
Post by: kluvapi on November 17, 2017, 09:39:55 AM
i wouldn't recommend mining on Amazon AWS. Especially with coupons. They may cancel your coupon and bill you.
Thanks for reply.
What are the techniques to identify mining on dedicated instance? Do they check a network activity or have access to the storage?


Title: Re: Best instance type and cryptocurrency for mining on AWS.
Post by: Rodrigo Santos on November 17, 2017, 11:05:05 AM
They can correlate the traffic, network activity, destination IP's, and CPU usage, among other things.