Bitcoin Forum

I have 100 computers with good specs and internet 24x7 online at my disposal.I know mining wouldn't be possible.What is the other best way to monitize may be computational power or storage rental like storj.Kindly suggest.

Use it for storj, or maybe altcoin mining might help.

storj is not available for public yet.

1. Find a good CPU minable coin.

2. Mine it & Dump in the market against BTC.

3. Hold the BTC for an year at least.

You could farm-out some type of tech support for a bitcoin business.

Sell it all and invest the money in Bitcoin.

point them at magi, the only good cpu coin remained

stoJ it is in alfa test...

i think you will not get money for your disk space,

until an official version will be released!!!

here you can get some info about the major alfa testere

https://live.driveshare.org/

amph,
but it is profittable magi???

with an i7 4770???

i mine losing money???

thanks!

haha that's good one ;D

Only mining is not profitable. You also need to learn how to be a good trader.
If your computers have "Nvdia GPU" then you can mine X11 coins, they're also profitable. (I suggest you to mine DRK)

try cointellect.com  .... but they may not be trustworthy

Check this website, there are a lot of crypto currencies listed: http://www.coinwarz.com/cryptocurrency

Several years ago someone who was working for some school district was actually CPU mining bitcoin with the school that he works at's computers over the summer, he apparently made several thousand dollars worth of bitcoin at the time (it would probably be worth a small fortune now).

Someone mentioned the possibility to mine a CPU mineable altcoin, however I don't think this would generate very much revenue as others would already be doing this

Sounds like your primed to mine some primecoin.  Is it profitable?  Not unless you have free electricity.  Doubt there are any CPU coin's that are actually profitable if electric isn't free @ present.

try to use your 100 computers in distributed computing (like boinc) in science and make the world better ;)

You can set them up and servers and sell them at the digital goods section. Mining would significantly reduce the computer's lifespan, therefore it may not be a good choice.

actualy thats a great thing, i allways make sure my hardware dies or becomes in some way unusable before warranty expires, and then ask for replacement.
this is the best with gpu-s, just stop fans for couple of hours on idle load (so it doesnt overheat) , and fans will die, and since noone replaces fans, u get new gpu from store,
atleast its like that here.


cheers

mining is possible sale all of them and you will have couple of grands then buy some good miners and mine bitcoins or install linus and make them vps's

I hope these 100 computers don't belong to your employer or your school or something...

Right, CPU mined coins are definitely the way to go. But you should dump them right a way once they are mined.
Altcoins tend to have short life.

Selling those computers for bitcoin may be the best option. :)

sell cpu /gpu rendering time
set up VPS
mine cpu based coins

That's up to you!
if you want mining, try hardware mining.
and if you wont complicated, sell your computers for btc hold, wait for price to the moon :D

This!

Best way is to mine new CPU-coin and hope it will go moon.  8)

It would be pretty impractical to destroy 100 computers then send them for repair and get them back, you would need to set it up again. You won't know if they can be replaced or not.

you could use a bot net to rent them, like amazon

I think he IS running a botnet.

Find a way for them to individually access the internet and then join some of the highest paying faucets. Then use the referral option and build a referral network.

If you use 3 x faucets for 8 hours a day, you will Net +/- $25 per week.  

You will have to run between 100 pc's for 8 hours straight, solving Capthas.

Subtract the electricity Bills and take the $50 profit at the end of the month and enjoy your FREE money.  ;D

*Joke - Not to be taken seriously.  :P

Lol, nice one!

Find profitable CPU coins to mine,
or sell 99 computers, buy bitcoin and start with trading

Youd make more money this way or sell 99 computers, buy bitcoin and start with trading

If you have a good spec, you can try to open internet cafe.
Install online games and internet. Usually kids like to play it



Well this is the best option I think  ::)

These guys get it.





If these are yours to do with as you please, including selling them, then your best bet is selling all of them either bulk or 1 by 1 for like $400 or $500 each, since you said they're decent spec.

If you sold 100 pc's at an average of $500 per computer, use this $50,000 to buy Bitcoin, you'd accumulate 220 BTC.

That's more than any mining or service you could ever provide.

you can search the altcoin section for a good coin that can be mined preferebly cpu mined and use your computers to mine that altcoin and sell to BTC

Rent your computers and internet. Open a cafe and use the earnings to buy bitcoin. That would be more sensible.

Run a script that mines coins at the same time as you rent them. 2x earnings.

Find some good alt-coin to mine. Try cointelect, it's easy to setup and use.

You are seriously going to degrade the performance of your computer. Your CPU/GPU would be consuming more power with the possibility performance degradation when users are using them.

I like the internet cafe idea. Profits for Bitcoin!

Why in hell do you have 100 computers? You could mine some altcoin and you can also run bitcoin nodes.

thanks all for the suggestion
I like them all
wud select sumthing very soon

just curious: how happened to you have 100 computers at your disposal if you have no clue what to do with them?

If I were you, I'd turn in to altcoin miners. Choose something with a low difficulty at this current moment but with a high following. I'm not sure if you could but maybe you could turn them into VPSs and rent them out  here

If you can , de-assemble them and make a super-computer , you can google it , i saw some people making a super-computer using parts from many computers and that sure will help alot :)
Just Google it!

usually exactly that happens, its not surprising

sell the computer who really need or you it in cpu minning

This is a very smart idea. ;)

1. Sell them and invest BTC
2. VPS service ?

He is probablh some kind of an it worker or teacher in school maybe?

most of guys with lots of computers are sysadmins in big companies :)

You missed a good opportunity for making a Jay-Z inspired joke here.

I have 100 computers and Bitcoin is a problem for I ain't got one.

Most sysadmins would not risk their job for use of computers. 

What counts as a computer these days?  Phone?  Tablet?  What about an hp 380dl g6 fully loaded or a dell c6100 with 48GB ram in each node?  I probably have 40 computers at my house and another 20 at my office building.  I imagine there are so many more latent CPUs than those bravely advertised in this thread.  The best thing about stone soup is that it feels free when you get your bowl filled.  The power we hold in reserve is a metaphor for humanity today.  We are the nascent spout emerging.  Be the sprout or the retentive membrane.  Sprout will emerge; membrane will burst.  Be brave, people.  The world is changing now and those who hide today may barely survive in the cracks of the future.

im agree with this one now :D
sell it and make it return more than 100% with trading as smart as you can .

Got 99+1 computers and hashrate is shit.

nah thats good idea thought
i wonder for what op have 100 computers, did was that your company's computer?

Try Litecoin mining. (Using GPU).

Suppose you are having good GPUs, which give you a hash rate of 600 KH/s. According to the latest calculation, you can earn 42.21 LTC every month, and 513.88 LTC per year.  ;D

Best advice ever ;D

Waisting your time and energy on altcoin mining is a much bigger gamble.

less than $100/year?

doesn't look like a good deal

But then you can not really say you "own" them, let aside the energy costs

try with altcoins and update!!

If they are online 24x7 then your Electricity bill will be huge . I simply recommend you to sell them all and buy Bitcoins instead . I guess it's more profitable then mining to be honest . Or you can try mining Altcoins instead of Bitcoin . Good luck mate

~ Madness

I dont think he should sell them, you could miss a chance to mine really hard an altcoin that then explodes and gives you massive BTC gains like the AUR bubble.

you can use it to mining altcoin
and stake some coin with highest annual rate

Well you could set up hitleap accounts and sell them pretty well.

With 100 computers its a decent amount of time before you can sell accounts to people.

hitleap accounts are worth a decent grip of money.

513.88 LTC per year means more than $900 at current exchange rates. From where did you got the $100 figure? Try Bitcoin mining and you'll earn even less.

I heard that guy got caught (he gave himself away by allowing Vice magazine to interview him)
anyways, he got caught and lost his job. Not sure if worth it or not.

sell 99 computer and buy BTC then start trading or investing

Are those computers actually your property? Or you are using the computers at your office and school?
You may get into some serious trouble in the latter case if you don't have the authorization.

why you do not make internet cafes? The income may be large enough per day :)

You might want to search for a promising coin that could rise in price in a span of short time. Mining an altcoin in its infancy is a great way to snug a hefty amount of it and dump it in the market whenever you feel that the price is right for your expenses. Mining bitcoin straight is not a good idea, so mining altcoins is a nice opportunity for you to get some pretty good profit, given that you have some computing power to use.

depends from country ;)

its need a big investment and proper security also but this is a really gud idea

yes if I have 100 computers like her I would make internet cafes, rather than be used to mine :)

whether you also have the same mindset if possessed 100 computer?

you can sell all 100 computers

Which alt coin is best to mine at gpu with nvidia card? I btc is now not profitable to mine with gpu. But can any one tell me which alt coin is profitable with gpu....Im using free electricity so remove this factor also..

Litecoin mining is dominated by ASICs nowadays. Although 100 GPUs is a lot of power, it would probably be more profitable if he chose to mine a CPU or GPU coin instead. For a list, check out:

http://www.cpucoinlist.com/

To find the most profitable coin to mine, he could use the calculator on Coinwarz (http://www.coinwarz.com/). Then he could convert them to BTC using an altcoin exchange such as Cryptsy.


There are coins which reward you for contributing to distributed computing projects too. For example, you can earn gridcoins by contributing to BOINC projects such as Rosetta@home. Curecoin and Foldingcoin (built on top of Counterparty) work in a similar way except they use Folding@home which is more popular.

Mining burst? maybe magi, not sure of others take a look at cpu mining should be well away with that amount  :D

Why not just focus all that power on Seti@home? or even better the other one, the protein folder one, forgot the name.

Of course, this can backfire too. Those who mined Dogecoin in the first few days after launch or Darkcoin back when it was worth pennies would have made a very nice return on their investment if they had simply held onto their coins.


You're probably thinking of either Rosetta@home or more likely, Folding@home. SETI@home is a BOINC project so you would be able to mine Gridcoin at the same time. For a list of BOINC projects, click here (http://en.wikipedia.org/wiki/Berkeley_Open_Infrastructure_for_Network_Computing) and scroll down to the bottom of the page.

Use coinchoose.com. However, note that nvidia cards are not that optimized for opencl calculations and AMD does a far better job at this. If you really want to profit, try selling your nvidia GPU for a AMD one and build a low end computer with that GPU.

Thanks for the site! You can see a brief description on the AMD > NVIDIA here (https://en.bitcoin.it/wiki/Why_a_GPU_mines_faster_than_a_CPU#Why_are_AMD_GPUs_faster_than_Nvidia_GPUs.3F). GeForce GTX 690 is the best NVIDIA GPU out there.

   -MZ

Thanks @ranochfor providing the site link.


Thanks @MZ ill read all about that because i want to mine some alt coin

Why is mining not possible?

Yes, Bitcoin mining may not be possible. But if you have decent GPU or CPU power, you can always mine alt-coins and convert them to Bitcoins.
With 100 good spec computers I'm sure you'll earn decent amount of BTC.

Many alt-coins support CPU and GPU mining.

What electricity cost per kwh do you pay where you have them, if you have very low electricity cost it could be profitable to mine coins on some algorithm that is made to be resistant for asics so do the math and check on comparison sites coins with unstable price &/or difficullty might sometimes be profitable to mine for you even if the avg state is not.

100 computers, What is the specification of each stuff?

I personally think, You will not get anything if not optimized or not prepared carefully.

Perhaps, You can run a distributed media transcoding service  or Distributed 3D rendering service in order to make more money including BTC.



P.S

Last May,2014. I used to ask if there is a solution for saving space, without sacrifice any performance ,long-term use,easy to replace,high safety factor(Flash point should be at least 240 degrees C). I have asked many people, MMM shows me modified Ethyl (Actually labeled as NOVEC 7100) can fulfill the thing.


In February 2015, Why some cloud distributed services slow down? It is because of using wrong method to run their service. Currently only few people have been using modified Ethyl solution in order to speed up with limited space...

It's astounding to see all the people with access to a lot of computers and effectively free electricity. I guess many people don't realize they're stealing other people's electricity and also wear-out their hardware by using it to mine cryptocurrencies!

Thats true. I guess not many people care about it. They get the resources for free, and waste them as they are free.

yes I recently talked about this
but I participated in rosetta@home

You can make some $ with distributed computing...

https://cloud.mql5.com/

same to me - rosetta@home, sat@home and asteroids

Have a look at FoldingCoin: Mine Medicine, Not Hashes
http://foldingcoin.net/

With FoldingCoin, you're helping in Protein Folding, and you also receive FoldingCoin as reward.
You can always trade them for BTC. It would be better than directly mining BTC or anything else.

wow so many computers you have, if you really buy that much? or there is the giving?

may i ask out of curiosity ,why do you have a 100 computers O_o

Good advice, he should be able to make some BTC if he doesn't have any maintenance costs.

Unfortunately I dont think there are any decent CPU only coins as of right now.

100 computers? rent them out!

Before the OP can sell, rent out, mine, use these 100 PC's etc, it hasn't been determined yet what are the terms of the lease or ownership question.

If he strictly administers, supports, or oversees these units, then there could be some consequences if the true owners comes forth and wants to use it for other purposes.

Don't think this point has been addressed yet.

If he doesn't pay for electricity, he should still mine.

I am sure he doesn't own the place or pc's themselves ,so lease or rent or sale is out of the question.But he has full access to them,so mining is the answer:
coinwars.com and look for the lowest difficulty cpu coin.

He needs the cpu coin with the lowest difficulty / reward.

Are you an IT supervisor or trainer in a computer lab of some company or university? That would be my guess.

And I envy you. If I had that many computing power at my hands, I would simply point them to CPU-mineable coins at night and convert all those shitcoins to BTC. I'm sure with 100 decent CPUs you can earn fair amount of BTC everyday. (electricity or maintenance costs aren't your headache, right?)

I would rent my storage + minr coins to earn a bit extra. Renting storage won't affect mining at a high rate.

   -MZ