Bitcoin Forum

I have started vps mining just to know how it works.
but i want to know  ??? ??? ??? ??? ??? that whenever i close putty it stops mining.
do anyone know which command i should run to let vps mine 24 hours a day.
i am using debian 7.0 x64 in my vps.
please help.

Sorry for being not being able to answer your query. But are u using is to mine Bitcoin ? If yes, plz post the results here. I'll be interested.

Try using screen (http://www.rackaid.com/blog/linux-screen-tutorial-and-how-to/). It will keep your processes running even if your putty connection dies.

I want to know more about bitcoin pools. Which is the best?
And will it be profitable? I think i should mine some altcoin and trade them with btc. But i am intrested in ming btc.

And pls tell me more about using screen.coomand and everything. Pls tell me which coins should i mine. Which are more profitable. I dont see future in dogecoin.

How much Thz do you have? Cause having 1-2thz  should be enough  a bit.

Everyone is mining alt coins since they are too broke to afford real mining gear as the prices keep going up.

Screen is not command it's a tool.
More info on screen here http://www.rackaid.com/blog/linux-screen-tutorial-and-how-to/

You're mining bitcoin with a VPS? Meaning you're CPU mining?

Stop.

CPUs are of no use on the bitcoin network. gPU's blew them out if the water, and their performance was measurable is megahashes per second. Now we have aside (and we've had them for a while) which operate at giga and terrahashes per second.

In other words you can mine for ever, or at least until he suns runs out of fuel, and probably not get a single reward.

I really don't understand the concept of "I'm going to run an absurdly underpowered miner, justto see how it works". How it works is your computer runs, and and occasionally btc appear in your wallet. There's no interaction, nothing for you to do. And if you're using CPUs or gPU's to do so with bitcoin, you won't ever actually see any coins hit your wallet.

Nopes... though he is interested in BTC mining, at this moment he is trying Alt Coin minig and trade that against BTC, which is quite possible IMO

Well about mining with cpu i got it free for 1 month. And about speed i got about 1-2 kh/s so i am not mining bitcoin. I am current mining bunnycoin. Getting around 11k bun per day and running it for around 4-5 hours. But i want to make full use of it. That why please someone help. I have heard that *nix system can run process background even after you close the putty session.

VPS mining is not recommanded since if you use too much resources for long periods of time, the provider can and will kick you out of the VPS. Mining is more for GPU and ASICs if you want profit. You can mine those CPU-only coins but you won't make much profit.
-ranochigo

yeah, mining a cryptocurrency is a nice way to get kicked right off of that vps. 

get a dedicated server for that..  datasoft.ws has some for 1 cent @ https://datasoft.ws/ds_plusdedicated.php ...  I'm on one right now, w/ Windows 2003 server (they are "out of stock" of Ubuntu (lol), and make you pay for IPMI to install your own OS)

This has been unprofitable for some time now.

LTC mining was profitable a few months ago when using cloud computing, but difficulty increases and price decreases have caused it to become unprofitable.

My understanding is that the most one instance can mine is 2-3 MH/s.

Per http://www.bitcoinx.com/profit/ 200 GH/s will mine .0086 BTC per 24 hour period.

Based on the above numbers you would need to have ~66 thousand instances for 24 hours to earn .0086 BTC which comes out to $5

You are wrong. AFAIK, most instance can't get pass 500kh/s. LTC was never profitable since hosting providers will shut your VPS down after using 50% of the CPU for too long.

Wait what the heck, I didnt even know about VPS mining, people do this??

what is VPS mining? Is it even profitable?

VPS mining is using Cloud computing instances (like amazon EC2) to CPU/GPU mine. Today it is not profitable.

no offence OP but what made you decide to try VPS mining ?
I hope you were / can use the VPS for something else.
perhaps host a BTC related website or something like that, pretty sure you would make more money that way.

but yeah curious why you choe VPS mining??

It should never be profitable, the cost per hour is too high to even profit even half of it.

Yeah I was running 2 instances on digital ocean that were barely getting 10kh/s combined and I figured it would be better to kill them off. I don't know what alt coins would even be profitable doing this.

People came up with the idea of VPS mining long time ago. https://bitcointalk.org/index.php?topic=12458.0

You can really do VPS mining?

You can, but your VPS may be shut down and I believe it won't pay for itself.

It doesn't pay off at all, especially if the VPS decides to throttle whatever instance you have running. Take digital ocean for instance, running two droplets with the free promo I'm lucky if I get 6 kh/s and that's on the lowest tier plan. I don't know about their other plans but I doubt it's profitable.

Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast. 

Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.

The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource.

but not all VPS not allow u to use their service for mining so you must find VPS that allow for mining

They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used.

They may however limit your ability to use additional resources.

Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers.

With VPS they monitor for the most part CPU usage.  It can possibly make a little money if you picked right coin.  But if you truly want to mine CPU coins in long run you would probley be better off buying a good CPU.  But i would do some serious ROI before going CPU mining right now with expensive cpu.   

I don't think VPS providers care if you are mining or not as long as you are not breaking the law and as long as you are paying them.

It does not affect other people's resources as you are leasing a specific instance.

Are you sure? The resources are shared among other users, their speed will degrade significantly if I take up 100% of the CPU. Even if I am not affecting them, I am damaging the CPU by shortening the lifespan. I don't think the VPS provider would want to spend more money and fix the CPU.

Isn't everyone's CPU resources separate from everyone elses when you have a VPS?

Read: http://en.m.wikipedia.org/wiki/Virtual_private_server.
It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS.

If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage

You are still sharing the CPU resources. You cannot peg the CPU at 100%. HDD and CPU is different if you use all your HDD, no one would care since it doesn't degrade their performance. However, if you are sharing a whole CPU and you get 1 core while the others get 1, and you use up 100% of that, their performance is still degraded.

I have not looked into the TOS of VPS services that closely. I understand what you are saying that using up all of that core may degrade the rest of the CPU. What my point is that I fell that there is no reason why you shouldn't be able to use 100% of the resources that you are paying for. My agreement with the VPS provider is that I pay $x per hour for the use of "y" resources, if my usage for my "y" resources make it so others cannot use their service to their satisfaction then either their service is not appropriately priced or their setup is incorrect (using/leasing too high a percentage of total resources available).

Generally, VPS aren't designed to host programs that uses too much CPU. I believe that your VPS provider should be able to detect the program that pegs too much CPU. It is pretty unfair to degrade other people performance for your own benefit. Especially when everyone is paying such a cheap price and you are using more percentage than others. VPS are in a shared CPU environment, you only get your own HDD, RAM and brandwidth, your CPU is shared among some others. Get a dedicated server if you need to mine.

VPS Mining is definitely not worth it in my opinion. You'll get barely any money from doing it since you're essentially using your CPU to mine.

I don't think VPS mining would be profitable regardless, but I don't think what is "fair" should be considered. If your agreement says that you have access to "one core" then you should be able to use all the capacity of that "one core" If this kind of activity harms other users then the VPS provider should get additional CPU capacity (that is not leased) to make up for this degradation. Any rational consumer should choose an instance in which close to 100% of their CPU allocation would be used (along with their other resources, HDD, RAM, bandwidth, bandwidth usage limits) to avoid paying for something that they do not need.

I don't think VPS providers actually limit your CPU allocation, you are using the whole CPU when mining. It isn't logical to charge the same price when he is buying even better hardware. If you say that the customer wants to use the whole CPU allocation, he should be buying a dedicated server, that is the only way to get your own CPU for yourself.