virtualdn (OP)
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December 24, 2013, 10:27:17 PM Last edit: December 24, 2013, 10:39:46 PM by virtualdn |
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It never was profitable. ~2kh/s on the $5/mo account..
If you crate 4 droplets (ie 4 virtual cores) you can get 8kh/s, but you are no longer paying $5/mo anymore.
i had 6 khash/s per droplet (smallest one), with 5 droplets i've mined 7,500 coins for around $4 credit, which can sell on ebay for example for $10 or more. there are a lot of mining factors, the problem is that mining is never the same, difficulty changes, you never know what value will the coin have in the future, it could not be profitable now, but the same amount could be later and so on. but please don't say it never was profitable since i've used it and it worked - at least for me - of course there is no 100% guarantee i still have $9 credit left from $15 and i've also mined earthcoin and secondscoin...
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1 BTC = 1 BTC
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FrictionlessCoin
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Cryptotalk.org - Get paid for every post!
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December 24, 2013, 11:36:50 PM |
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can't believe the extent of stupidity that is prevalent around here.
just so it is clear for the uninitiated.
(1) you don't waste resources mining scrypt coins with a CPU. (2) you don't rent cloud resources to mine scrypt coins. (3) use a profitability calculator before you waste resources mining.
.... finally....
(4) never underestimate the stupidity of eBay buyers.
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virtualdn (OP)
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December 25, 2013, 12:14:11 AM Last edit: December 25, 2013, 12:25:57 AM by virtualdn |
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can't believe the extent of stupidity that is prevalent around here.
just so it is clear for the uninitiated.
(1) you don't waste resources mining scrypt coins with a CPU. (2) you don't rent cloud resources to mine scrypt coins. (3) use a profitability calculator before you waste resources mining.
.... finally....
(4) never underestimate the stupidity of eBay buyers.
1. of course. but not everyone owns a gpu. i never said cpu is better than gpu for scrypt. 2. this can be an option when you don't have options like gpu (when you own a laptop and you still want to mine or don't want to pay electricity) 3. always use a calculator - difficulty is a factor - when used in 1st day is different from 10th day - you can make 1,000 coins the first day and 100 coins the 10th day 4. i don't recommend ebay for money exchanges - you will get your paypal frozen it's just an option after all; if you own a gpu start mining with it, it will be be more profitable of course, i've never said something else Merry Christmas everyone!
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1 BTC = 1 BTC
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ahmedjadoon
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December 25, 2013, 06:05:16 PM |
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I have $9 credit at digitalocean and tried to set up this mining procedure but couldn't get it right myself.Can you setup for me and I pay you 1000 dogecoin worth of currency either in payza or BTC as I don't have any Dogecoin. Also have you considered mining PTS I think its more profitable http://earn500month.blogspot.com/2013/12/digitalocean-cloud-mining-guide-for.htmlAbove PTS procedure also couldn't work for me and I got some error "No such directory"
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Aur3
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Embrace change
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January 05, 2014, 12:40:04 AM |
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Well, I used that free credit to creating 5 virtual clouds of Ubuntu 13.10 x64 (8cores 16GB) getting about 26khs from each. I dunno if I do something wrong, but I'm using this (below) for setup coz it's much quicker and easier and don't have any problems so far. sudo apt-get update sudo apt-get install build-essential libcurl4-openssl-dev wget http://sourceforge.net/projects/cpuminer/files/pooler-cpuminer-2.3.2-linux-x86_64.tar.gztar -xzf pooler-cpuminer-2.3.2-linux-x86_64.tar.gz apt-get install screen (dunno if I really need this step coz it's working w/o it too, so probably this step could be passed with new version of ubuntu 13.10) screen (then press 2times space button and write last command which is in below) ./minerd --url stratum+tcp://server:port --userpass worker.name:password -s 1
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Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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fast-pool.com
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January 05, 2014, 02:46:38 AM |
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is it still profitable? come on
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chopsticks
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*bamf!* you've just been eaten by a gr00.
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January 22, 2014, 08:03:38 AM |
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OK. Just for $hits and giggles I decided to set-up the DigitalOcean cloud mining. The cheapest DigitalOcean plan ($5) for two droplets ($5 x 2 = $10) I pointed at http://www.multipool.us and it's mining away. I had to message DigitalOcean tech support (opening a support ticket) to ask them to add another droplet. I included the URL of this thread and told them I was trying to CPUmine. They responded that I was allowed 5 droplets and I activated my 2nd droplet. i.e. My first $5 DigitalOcean droplet was limited; I could successfully get one droplet up and mining but needed to open a support ticket to request adding any other droplets.
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Aur3
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January 24, 2014, 05:34:04 PM |
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OK. Just for $hits and giggles I decided to set-up the DigitalOcean cloud mining. The cheapest DigitalOcean plan ($5) for two droplets ($5 x 2 = $10) I pointed at http://www.multipool.us and it's mining away. I had to message DigitalOcean tech support (opening a support ticket) to ask them to add another droplet. I included the URL of this thread and told them I was trying to CPUmine. They responded that I was allowed 5 droplets and I activated my 2nd droplet. i.e. My first $5 DigitalOcean droplet was limited; I could successfully get one droplet up and mining but needed to open a support ticket to request adding any other droplets. You should just open 5 droplets and only after you opened them and they are running then you could make all to mine.
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Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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chopsticks
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*bamf!* you've just been eaten by a gr00.
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January 25, 2014, 03:06:00 AM |
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All is well. Mining away. Sometimes it looks like 20 kH/s on DOGE... sometimes only 6 kH/s on MOON. Multipool.us was working good until this morning. Saw the timeouts from my droplets on DigitalOcean, logged into Multipool.us and saw Update: DB issues forced a rebuild. Please switch to Another pool for Now. Things Should be Back to normal by Morning. coins Are safe.
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vasana
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January 25, 2014, 03:34:55 AM |
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Hmm I have a non-cloud based VPS that's sitting there doing nothing. This method is not limited to Digital Ocean and would work on any VPS with root access via SSH, yes?
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Aur3
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January 25, 2014, 11:13:49 AM |
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Hmm I have a non-cloud based VPS that's sitting there doing nothing. This method is not limited to Digital Ocean and would work on any VPS with root access via SSH, yes?
Ofcourse it's not limited, you can try to mine, but if your provider is not allowing these type of using his vps, then you could be banned. All is well. Mining away. Sometimes it looks like 20 kH/s on DOGE... sometimes only 6 kH/s on MOON. Multipool.us was working good until this morning. Saw the timeouts from my droplets on DigitalOcean, logged into Multipool.us and saw Update: DB issues forced a rebuild. Please switch to Another pool for Now. Things Should be Back to normal by Morning. coins Are safe. You could try middlecoin , it's like multipool.
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Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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chopsticks
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*bamf!* you've just been eaten by a gr00.
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January 26, 2014, 10:32:31 AM |
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Great minds think alike. I instantly toggled to the Middlecooin.com:3333 pool until Multicoin.us came back online.
Quite content with the little test hashing in the cloud. Its nothing like my 230 Gh/s Avalon box but its a fun way to learn. i.e. hobby
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brooklynite
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January 26, 2014, 10:52:01 AM |
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Isnt it better to buy a 6970 for $75 off craigslist and mine at 477kh/s and sell it after a month for $75? Thats like the cloud mining suggested here for 10 years but with zero cost.
Disclaimer, Im doing just that except Im not selling the 6970s. AND the 6970s I bought from a gamer already are in demand for $175/ea.
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dbcmaster
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January 30, 2014, 02:22:26 AM Last edit: January 30, 2014, 02:46:34 AM by dbcmaster |
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Well, I used that free credit to creating 5 virtual clouds of Ubuntu 13.10 x64 (8cores 16GB) getting about 26khs from each. I dunno if I do something wrong, but I'm using this (below) for setup coz it's much quicker and easier and don't have any problems so far.
I'm only seeing 3khs on each of my droplets.I see that you have 8 core VPS machines.
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operationz
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February 05, 2014, 02:30:59 PM |
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updated: i can install for you for 1,000 Doges
I sent you a message on here. I would like you to help me setup a dig. ocean cloud mining droplet for Maxcoin when it is released today. J.T.
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qinotorez
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October 28, 2017, 08:45:14 AM |
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what a wonderfull idea! if someone could set me up, ill send u a 1000 doggies no problem. Need to get into linux and mining more, simplemining made me dumber then needed(kept)
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QuintLeo
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October 28, 2017, 08:01:34 PM |
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what a wonderfull idea! if someone could set me up, ill send u a 1000 doggies no problem. Need to get into linux and mining more, simplemining made me dumber then needed(kept)
Unholy necro - you DO realize you were replying to a *4 YEAR OLD* thread that's horribly outdated?
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I'm no longer legendary just in my own mind! Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin) 1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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