Bitcoin Forum

Bitcoin => Mining => Topic started by: GregSims on April 26, 2021, 05:40:03 PM



Title: Mining with a Well Connected Linux Server
Post by: GregSims on April 26, 2021, 05:40:03 PM
We have excess capacity on a Intel Gold 16 core(32 thread)/32GB Linux Server running Red Hat Enterprise Linux 8.  We can allocate 8 Cores(16 Threads) to mining.  We are currently using One Amp of power at 220V and can use an additional One Amp without additional cost.  We are connected to a Colocation 1 Gbps port in an area that is well connected to the Internet -- Santa Clara, CA.  We only have 1U of rack space so we would like to try a software only approach or perhaps physically small usb attached hardware.

Our goal in mining is to offset the cost of our server hardware and colocation fees.  I have read the pinned thread above but it does not seem to apply to servers. 

I know this is a difficult question.  If we can generate some effectiveness data from mining in this environment without a huge effort, I would like to give it a try.  The ideal scenario would be to load a software package, hit start and monitor the resulting data. A push in the direction would be helpful.


Title: Re: Mining with a Well Connected Linux Server
Post by: Biffa on April 26, 2021, 05:43:58 PM
It would cost more in electricity than you would ever make


Title: Re: Mining with a Well Connected Linux Server
Post by: NotFuzzyWarm on April 26, 2021, 05:45:45 PM
As I just posted in a similar thread:
Read https://bitcointalk.org/index.php?topic=2415854.0 mainly point-3
BTC can only be mined on ASIC-based hardware. And YES it does apply to servers!
Quote
It would cost you thousands of dollars in electricity per year to earn only a few cents in bitcoin. Even if you combined all the computers in the world, including all known supercomputer, you would not even approach 0.1% of the bitcoin hashrate today.

A variety of other coins can be mined on a PC/server but discussion of those belongs in the altcoin areas of the Forum. Services such as NiceHash can *pay* you in BTC but that is wholly different from mining it and again discussion about that belongs elsewhere.