Title: Re: Mine Using DigitalOcean (VPS) Instructions. Post by: Thom on January 04, 2014, 04:13:49 PM Mining BTC on a VPS is ridiculous.
There are times when it's profitable to VPS mine altcoins though if you mine the most profitable scryptcoin of the day. I currently have an instance running (from a free coupon code, woo) that I just updated. Now it's mining DOGE this fast: Quote [2014-01-04 11:44:16] accepted: 1/1 (100.00%), 3.20 khash/s (yay!!!) So I'll paste how to do so. In case anyone is crazy enough to try the above: this is WAY better. :P Register at multipool (https://www.multipool.us) and make worker/s register at cryptsy (https://www.cryptsy.com/users/register?refid=102649) and point your multipool (https://www.multipool.us) payout addresses there and set auto cashout set all currencies at cryptsy (https://www.cryptsy.com/users/register?refid=102649) to autosell for BTC go to digitalocean (https://www.digitalocean.com/?refcode=e20752ed3dbd) create ubuntu droplet connect to it via SSH or SSH it from the digitalocean site do these code bits. type yes to all prompts. Code: sudo apt-get update Code: ./minerd --url http://SOMEPOOL:PORT/ --userpass USER:pass Once it is you can close the ssh connection. If you need to reconnect, the screen can be resumed with Code: screen -r This method is guaranteed to make much more bitcoin than the OP's method. Doing it this way doesn't keep earned coins on the VPS itself in the risky way the OP does, either. It's not at all guaranteed to be profitable at all times, though. ALSO: If you don't have an amazon ec2 account, they give you one free year of a (very minimal) VPS. using that plus cpuminer as above to scryptmine the altcoin of the day is definitely profitable, and paid instances are occasionally profitable too, so I keep one instance running so I can scale it up in times of profitability. ...even though it only goes about this fast: Quote [2014-01-04 13:48:26] accepted: 19/19 (100.00%), 0.44 khash/s (yay!!!) |