Properly Bad Ideas

[Princess802]

We all know cloud mining is a scam.  That's not what I'm asking about.

Imagine I buy a hosting plan, ssh into it, and run a cpu miner.  Assuming that coin x will give Me x coins at x hashrate and I profit in some manner.  (Forget the ROI factor.)

Do you think any hosting company would be cool with this?  I mean, since I'm essentially paying them for time on their server...

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[CloudCoinR]

IMHO it should be no problem on a dedicated server but with a vps this could be different.
check the providers ToS before you buy.

[Princess802]

IMHO it should be no problem on a dedicated server but with a vps this could be different.
check the providers ToS before you buy.

Thanks, but I was kinda hoping someone had already checked. lol +1 to lazyness

Still, it's nice to hear I'm not clear off the map with this idea.

Cheers.

[CloudCoinR]

lol +1 to lazyness

 

i'm a noob too and i haven't checked it but i'm pretty sure it is zero problem on a dedicated server.

[Undefined31415]

I highly doubt that this would be profitable in the short-term. In the long-term, if you expect it to be profitable, you may as well purchase coins, since this would likely only be profitable with a significant hike in the value of the coins you mine/trade for.

Of course, if you already rent out a server and you're certain that mining isn't going to cause any problems with the hosting company, you may as well throw that on top of your normal use, although at a low process priority to allow your main processes to be impacted minimally.

[Sev18]

I saw some users already tried what you said, conclusion was that there are too many hurdles for it.
Those server regularly checks systems for spywares, terminating the miners.
Also nearly every hosting price was more expensive than mining profitability.
Some used free nodes provided from promotions or events, it seems very limited for making enough profit.

[Za1n]

On a truly dedicated server you would be fine as you are paying for the entire system and can do what you want with it as long as it is legal. On a shared system (VPS) they might throttle you usage if they find you are pushing CPU utilization 100% 24/7 and might even close your account as it may be considered abusive. Since dedicated servers are usually fairly pricey, I do not think you would make ROI on this plan.

[Princess802]

Thanks to everyone who replied.

You're all probably right, I just wanted to see if I had missed something.

Oh well.