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Author Topic: Some Questions  (Read 558 times)
pghbsa (OP)
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February 20, 2013, 02:11:31 PM
 #1

I plan on using a VPS very low specs but i want to use a pool.  What would my return be?  Keep in mind i don't really care if i get fraction or a coin.

THe VPS will be ubuntu linux or Debian What is a good CPU miner for linux since it will be a VPS i wont have access to the graphics card...

Basically i just want a set up that will return coins or fractions of a coin, don't care how long it takes....

any ideas?

debianlinux
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February 20, 2013, 02:22:18 PM
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I am relatively certain that if you peg the CPU on a VPS you will find your account terminated.
Gabi
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February 20, 2013, 02:33:51 PM
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It will be useless

pghbsa (OP)
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February 20, 2013, 02:56:09 PM
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So i wouldnt gain any amount of BTC at all?  And what is ASICs?
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February 20, 2013, 02:59:03 PM
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I've done it, used guiminer, made about 2cents after three weeks. It'll just fry your CPU dont do it bud
pghbsa (OP)
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February 20, 2013, 03:04:46 PM
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How long ago was that? And what is ASICs?
Gabi
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February 20, 2013, 03:09:53 PM
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https://en.wikipedia.org/wiki/Application-specific_integrated_circuit

Aahzman
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February 20, 2013, 03:15:22 PM
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https://bitcointalk.org/index.php?topic=15918.0 <-- start here. Lots of info about bitcoin, mining, wallets, etc.

https://bitcointalk.org/index.php?topic=140578.0 <-- then this. ASIC discussion.

Don't waste any money before you come far more informed about bitcoin, the economy around it, and the scene/community.


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February 20, 2013, 03:25:48 PM
 #9

You should be able to make 0.0001 BTC /day until ASIC comes along, then it'll be about 1/50 or 1/100th of that.

Here's why: http://bitcoinsbs.wordpress.com/2013/01/16/how-much-mhash-does-it-take-to-mine-1-btc/

Kindle : Bitcoin Step by Step (2nd Ed) : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Kindle : Bitcoin Mining Step by Step : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Facebook :  https://www.facebook.com/BitcoinStepByStep     Twitter : @BitcoinSbS
k22k
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February 20, 2013, 11:06:44 PM
 #10

you are wasting your time trying to mine via a vps. If you have a decent graphics card you can do some mining just to get the feel for it but you probably won't make profit.

ASIC's are basically computers designed for a specific application, in this case bitcoin mining or doing the hashes so they are a lot faster than even top graphics card gpu's and also use a lot less power. But there is a waiting list for all the current ones on sale I think so if you ordered now you might have to wait a few months and by then it may not be worthwhile.
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February 21, 2013, 01:31:38 AM
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Basically i just want a set up that will return coins or fractions of a coin, don't care how long it takes....
You're about two years too late. You'd get pennies a week, if even. You would mine an amount equal to about a hundredth of the cost of the electricity you'd be using.
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