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Author Topic: How to mine bitcoins using webhosting?  (Read 911 times)
alamin99
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November 28, 2016, 05:53:30 PM
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I am curious is there any way to mine bitcoins with my hosting? I have unlimited bandwidth and 50GB Accelerated Disk Space.

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November 28, 2016, 06:34:24 PM
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I am curious is there any way to mine bitcoins with my hosting? I have unlimited bandwidth and 50GB Accelerated Disk Space.

Nope, you need dedicated ASIC hardware to mine bitcoins, CPU's don't have enough performance, even GPU's don't. (Although you can mine ALT-coins) with GPU's and convert them to bitcoin. But that won't help you with mining using a webhost.

Mine at pools that pay transaction fees & don't mine empty blocks :: kanopool :: ckpool ::
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November 28, 2016, 10:01:12 PM
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You won't get paid for it but if you really want to help the Bitcoin network and you have unlimited bandwidth and disk space then please consider running one or more full Bitcoin nodes.  The more the merrier.  Like I said, it does not pay, but it will help distribute the network.

I run a full node on my Linux machine all the time in order to support the network.

A side benefit of running a full node is that you get to "vote" on the future technical direction of the network by selecting which version of the full node you want to run.

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November 28, 2016, 10:04:38 PM
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consider running one or more full Bitcoin nodes.  The more the merrier.
50GB Disk Space is not enough to run a full node. I think alamin99 has shared hosting.
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November 28, 2016, 10:08:36 PM
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consider running one or more full Bitcoin nodes.  The more the merrier.
50GB Disk Space is not enough to run a full node. I think alamin99 has shared hosting.
I read 50GB of accelerated disk space (SSD?) but reading between the lines I assumed more "slower" disk space.  Could be wrong.  If he really only had 50 GB of disk space then he should not run a full node.

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November 28, 2016, 10:11:16 PM
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There was a system for fork cloud mining, but seems it work not today.

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November 29, 2016, 07:16:36 AM
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You can do it. But you will most probably not earn from it and instead just incur loses paying for the hosting. Regular CPU and other hardware we normally use for hosting does not work well for mining Bitcoins. Nowadays, if you don't use the ASIC miners then you will not win against those miners using ASIC. You're better off just using your webhosting to host a website and earn from advertising.
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November 29, 2016, 11:18:25 AM
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I am curious is there any way to mine bitcoins with my hosting? I have unlimited bandwidth and 50GB Accelerated Disk Space.

Mining Bitcoin with CPU is pointless. If you want earn anything with this, you must look for some altcoin and later exchange for BTC.
Look in the section Alternate cryptocurrencies - certainly there is a thread about that.

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November 29, 2016, 11:45:55 AM
 #9

The question's been answered enough. Locking thread.

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ZERO FEE Pooled mining at ckpool.org, 1% Fee Solo mining at solo.ckpool.org
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