Bitcoin Forum

Hello everyone, I read much about bitcoin mining with great hardware and so but nothing about a situation like mine.
I have a small ubuntu server turned on 24/7 that just serves a webserver and nothing much.
So I already pay electricity for it and I was wondering if it would be worth getting a cheap Radeon GPU to economically take advantage of my situation.... any thoughts or advice?
thanks!

Mining BTC using either the CPU or a new GPU doesn't pay off. Even with ASICs you might not get a ROI. If you really want to use your server for mining, you could look into altcoins for that. I would recommend looking at http://primecoin.org if you want to do CPU mining and in case you get a new GPU https://litecoin.org/ or some other scrypt based coin.

thanks for your reply, i will look better into that!

Take note that if you mine using a CPU, your resources will be reduced and there will be extra heat and electricity fees

ok, thank you very much for the information!

You can try feathercoin and exchange it.

which of the coin traded on BTC-E is easiest to mine now?

Hey Matt, was setting up a web server on linux easy? I currently have one running on IIS7 (windows) and it's shit so was thinking about switching

TIA

You might want to check this out: http://coinchoose.com/

I'm a computer science student and have been linux user for years, so it was quite easy for me personally. If you're not used to it it can be a little tougher, but once you are comfortable with using only the command line, it should be quite straightforward.
Also, there's a lot of good and detailed guides out there. Good luck : )

You could always use the CPU and mine primecoins with it. Either solo or pool.

are primecoins easy to mine now compared to LTC/BTC?

Certainly million times easier than BTC. But for LTC, its around a few times easier.

How is the mining going now ?

I ran cgminer on a nvidia card last week and the payout after 30 hours was like 0.00004 btc or something like that.
You would probably get more bitcoins if you put a sign and a cup on the sidewalk saying "Give me some money please", and buy bitcoins for the profit.

...or just sell the cup right away

for free electricty its still fine to CPU mine - i do that on some of my SEO servers

You made my day.
I guess the New York beggars will demand donations in bitcoins now ;D

I fully agree, mining Bitcoin doesn't seem like a good option at the moment, and it's mostly ASIC's keeping the hash rate up now. Altcoins are your best bet when using CPU and GPU. I have my old gaming PC setup as a litecoin miner at the moment.

There are 100,000 how to guides for setting up a linux server.

https://www.google.com.au/search?q=how+to+guide&ie=utf-8&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&gws_rd=cr&ei=IwOPUqCSM4mZiAf25oGwBA#q=how+to+guides+linux+server&rls=org.mozilla:en-US%3Aofficial

Just don't use GPU or CPU for BTC. Please!