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Author Topic: [Updated] Learn How To Make Money w/ Cloud Mining + get Free Protoshares!  (Read 2453 times)
BitshireHashaway (OP)
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November 17, 2013, 06:58:03 AM
Last edit: November 24, 2013, 11:29:18 PM by BitshireHashaway
 #1

 [Check out Version 3] Look in the alternate currencies section or PM me for a link!
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November 17, 2013, 12:25:23 PM
 #2

I mine PTS on my own PC, what's the benefit of using it on a Cloud server? What's the ROI on it as well?

lmao
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November 17, 2013, 04:19:00 PM
 #3

I mine PTS on my own PC, what's the benefit of using it on a Cloud server? What's the ROI on it as well?

ROI is decent but I have yet to test it out after the recent 4x difficulty increase, before that, it was amazing. The benefit of a cloud server is that you can mine on your PC while mining on the cloud server so you can get paid from both locations - this would allow you to make more money than what your making from just your PC.
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November 17, 2013, 08:23:56 PM
 #4

Everyone who has signed up claiming a reward has now been paid!
BitshireHashaway (OP)
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November 17, 2013, 10:45:47 PM
 #5

Update: For a limited time if you sign up now, you'll get 0.40 PTS (next 24 hours). Just make sure to record & post here proof of you singing up!
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November 18, 2013, 02:17:13 AM
 #6

[UPDATE]

#1 I have talked to one of the curecoin devs and when the coin is released I plan on working to create a cloud mining guide for it within the first few days. The reward for signing up under me will most likely be split: you will get roughly $2 in curecoin + $2 will also be sent to the red cross, or another popular charity.

#2 I am running a test on digital ocean for ~24 hours for 5 of the $80/month 4 CPU instances. I will let you know how it goes and whether or not it is profitable. The cost for this time will be $14.40, so I want to get 1.75 PTS to start making a profit.
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November 18, 2013, 06:33:44 AM
 #7

Remember guys. If you have any questions whether or not you sign up under me I'll always answer them.
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November 18, 2013, 02:59:23 PM
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c
BitshireHashaway (OP)
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November 19, 2013, 12:55:37 AM
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I've been getting some questions about those using putty ssh to log in - with putty it appears if you close the session, it does stop mining - does anyone else have recommendations / info on this.
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November 19, 2013, 03:52:48 AM
 #10

Guys, be on the look out for a guide to get free mining w/ Windows Azure free trial - free money for a month and then you can shut it down and take your earnings - no cost to you. Relatively newbie friendly (no entering code into a command console, its like setting up a new miner on Windows 7)
BitshireHashaway (OP)
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November 19, 2013, 06:51:46 AM
 #11

Cloud mining protoshare test completed: 15% profitability on 5x $80/month servers (probably higher now since Bitcoin's price has literally gone up 50% in the last 24 hours while protoshare's price has only gone down ~25%.

Be on the look out for a primecoin test and the new curecoin guide which hopefully will come out soon (if they ever release the coin... I'm very impatient.) Also remember to sign up for a cloud server under my referral link for profitable rewards + a bonus for signing up (increasing your profitability even more!)
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November 19, 2013, 11:29:56 AM
 #12

Looks good man. How many PTS would just one droplet generate in around a day ?
BitshireHashaway (OP)
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November 19, 2013, 03:03:36 PM
 #13

Looks good man. How many PTS would just one droplet generate in around a day ?

Depends on the size of the droplet.
BitshireHashaway (OP)
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November 20, 2013, 03:33:01 AM
 #14

Looks good man. How many PTS would just one droplet generate in around a day ?

Depends on the size of the droplet.

However, don't be surprised if one droplet generates less than an equivalent core CPU - these things are slower than equivalent core CPU but they do work well for there purpose and are still profitable.
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November 20, 2013, 03:48:01 AM
 #15

I've been getting some questions about those using putty ssh to log in - with putty it appears if you close the session, it does stop mining - does anyone else have recommendations / info on this.

They can send the process to background

Code:
nohup ./protoshared -daemon&
to check the log
Code:
tail -f nohup.out

same for the miner ..

123west234
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November 20, 2013, 03:52:04 AM
 #16

I've been getting some questions about those using putty ssh to log in - with putty it appears if you close the session, it does stop mining - does anyone else have recommendations / info on this.

They can send the process to background

Code:
nohup ./protoshared &
to check the log
Code:
tail -f nohup.out



You can also use screen.
Code:
screen ./ptsminer <address> <number of threads>
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November 20, 2013, 03:57:34 AM
 #17

You can also use screen.
Code:
screen ./ptsminer <address> <number of threads>
or tmux ..., both depends if comes with the linux distribution of that droplet  Grin
123west234
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November 20, 2013, 03:59:25 AM
 #18

You can also use screen.
Code:
screen ./ptsminer <address> <number of threads>
or tmux ..., both depends if comes with the linux distribution of that droplet  Grin

Haha, true true. Tongue

Then there's disown.
BitshireHashaway (OP)
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November 20, 2013, 06:25:08 AM
 #19

Thanks for all the wonderful code recommendations guys! Remember if you have any recommendations relating to the code, I would highly appreciate them - or guides for how to do it with different clients (SSH Putty ect.)
BitshireHashaway (OP)
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November 20, 2013, 07:09:37 AM
 #20

If anyone is interested in helping me with my Curecoin cloud mining guide - or just in general offering services for Curecoin when it comes out, PM me!
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