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Title: Mining in cloud AWS/Azure/Google Post by: zorro_tolerant on January 11, 2018, 08:29:43 PM Is it profitable to mine some CPU optimised hashes like Monero CryptoNight algorithm on cloud machines?
Let's say Intel Xeon e5-2620 full time 32 cores would cost ~1k$/month on AWS. Would it work or it doesn't make sense? Title: Re: Mining in cloud AWS/Azure/Google Post by: leonix007 on January 11, 2018, 11:34:09 PM Is it profitable to mine some CPU optimised hashes like Monero CryptoNight algorithm on cloud machines? Let's say Intel Xeon e5-2620 full time 32 cores would cost ~1k$/month on AWS. Would it work or it doesn't make sense? NO, Read the terms and conditions on these clouds, they doesn't allow Crypto Currency mining, Been there, my VM's has been banned on google Cloud. :D Title: Re: Mining in cloud AWS/Azure/Google Post by: mentalny on January 11, 2018, 11:47:42 PM Unfortunately it's not profitable anymore, but you can always use some free coupons and run your instance with Google (be aware that they may ban you. In my case everything went fine, I just didn't use 100% of resources all the time)
You can try with Monero. Title: Re: Mining in cloud AWS/Azure/Google Post by: zorro_tolerant on January 12, 2018, 11:56:07 AM Is it profitable to mine some CPU optimised hashes like Monero CryptoNight algorithm on cloud machines? Let's say Intel Xeon e5-2620 full time 32 cores would cost ~1k$/month on AWS. Would it work or it doesn't make sense? NO, Read the terms and conditions on these clouds, they doesn't allow Crypto Currency mining, Been there, my VM's has been banned on google Cloud. :D Some providers are not that strict as Google and maybe it could be possible to run the instance for a while which would potentially generate some coins :) |