mining on a small linux server

[matte99]

Hello everyone, I read much about bitcoin mining with great hardware and so but nothing about a situation like mine.
I have a small ubuntu server turned on 24/7 that just serves a webserver and nothing much.
So I already pay electricity for it and I was wondering if it would be worth getting a cheap Radeon GPU to economically take advantage of my situation.... any thoughts or advice?
thanks!

[blockage]

Mining BTC using either the CPU or a new GPU doesn't pay off. Even with ASICs you might not get a ROI. If you really want to use your server for mining, you could look into altcoins for that. I would recommend looking at http://primecoin.org if you want to do CPU mining and in case you get a new GPU https://litecoin.org/ or some other scrypt based coin.

[matte99]

thanks for your reply, i will look better into that!

[SemiMolten]

Take note that if you mine using a CPU, your resources will be reduced and there will be extra heat and electricity fees

[matte99]

ok, thank you very much for the information!

[achtung082]

You can try feathercoin and exchange it.

[igl00]

which of the coin traded on BTC-E is easiest to mine now?

[GnB]

Hey Matt, was setting up a web server on linux easy? I currently have one running on IIS7 (windows) and it's shit so was thinking about switching

TIA

[SemiMolten]

which of the coin traded on BTC-E is easiest to mine now?

You might want to check this out: http://coinchoose.com/

[matte99]

Hey Matt, was setting up a web server on linux easy? I currently have one running on IIS7 (windows) and it's shit so was thinking about switching

I'm a computer science student and have been linux user for years, so it was quite easy for me personally. If you're not used to it it can be a little tougher, but once you are comfortable with using only the command line, it should be quite straightforward.
Also, there's a lot of good and detailed guides out there. Good luck : )

[MineNerd]

You could always use the CPU and mine primecoins with it. Either solo or pool.

[igl00]

are primecoins easy to mine now compared to LTC/BTC?

[SemiMolten]

are primecoins easy to mine now compared to LTC/BTC?

Certainly million times easier than BTC. But for LTC, its around a few times easier.

[Jetbiker]

How is the mining going now ?

[corebob]

I ran cgminer on a nvidia card last week and the payout after 30 hours was like 0.00004 btc or something like that.
You would probably get more bitcoins if you put a sign and a cup on the sidewalk saying "Give me some money please", and buy bitcoins for the profit.

...or just sell the cup right away

[igl00]

for free electricty its still fine to CPU mine - i do that on some of my SEO servers

[Wendigo]

I ran cgminer on a nvidia card last week and the payout after 30 hours was like 0.00004 btc or something like that.
You would probably get more bitcoins if you put a sign and a cup on the sidewalk saying "Give me some money please", and buy bitcoins for the profit.

...or just sell the cup right away

You made my day.
I guess the New York beggars will demand donations in bitcoins now

[8ennett]

Mining BTC using either the CPU or a new GPU doesn't pay off. Even with ASICs you might not get a ROI. If you really want to use your server for mining, you could look into altcoins for that. I would recommend looking at http://primecoin.org if you want to do CPU mining and in case you get a new GPU https://litecoin.org/ or some other scrypt based coin.

I fully agree, mining Bitcoin doesn't seem like a good option at the moment, and it's mostly ASIC's keeping the hash rate up now. Altcoins are your best bet when using CPU and GPU. I have my old gaming PC setup as a litecoin miner at the moment.

[NRPatten]

Hey Matt, was setting up a web server on linux easy? I currently have one running on IIS7 (windows) and it's shit so was thinking about switching

TIA

There are 100,000 how to guides for setting up a linux server.

https://www.google.com.au/search?q=how+to+guide&ie=utf-8&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&gws_rd=cr&ei=IwOPUqCSM4mZiAf25oGwBA#q=how+to+guides+linux+server&rls=org.mozilla:en-US%3Aofficial

[Didldak]

Just don't use GPU or CPU for BTC. Please!