Mining still profitable with high power VPS?

[phenam]

I have an unused server with 20GHz and 20 rams. Is this even feasible to make any profit on any crypto?

[MATHReX]

If you have an unused server and electricity is free then obviously yes.
Monero is going to migrate to RandomX algo which essentially means CPU mining will get a big boost and that will enable you to utilize your server for some good profits.

BTW 20GHz? Care to elaborate?

[jmigdlc99]

I have an unused server with 20GHz and 20 rams. Is this even feasible to make any profit on any crypto?

How comfortable are you with computers?

Unfortunately RAM doesn't matter so much for mining. What you need is computing power. Given that you say you have 20 Ghz, assuming thats a cluster of CPUs or something, the first thing you'd need to do is check how much your electricity rates cost, make sure it's at least less than $0.1 kwh. Afterwards, just setup your mining software and go crazy with Monero.

[crairezx20]

I think if you can sell it for crypto it's better than mining a coin or renting service.
This is much better and you can earn more than mining unless if you are planning to mine new coins and hold for a long time. Patient is the key to make higher profit...

[phenam]

If you have an unused server and electricity is free then obviously yes.
Monero is going to migrate to RandomX algo which essentially means CPU mining will get a big boost and that will enable you to utilize your server for some good profits.

BTW 20GHz? Care to elaborate?

It's vCore, I'm not sure the difference of to actual core, but I just know it's in terms of GHz.

How comfortable are you with computers?

Unfortunately RAM doesn't matter so much for mining. What you need is computing power. Given that you say you have 20 Ghz, assuming thats a cluster of CPUs or something, the first thing you'd need to do is check how much your electricity rates cost, make sure it's at least less than $0.1 kwh. Afterwards, just setup your mining software and go crazy with Monero.

I'm good but not a tech guru.
How much Monero currency can be anticipated per month if this 20GHz runs 24/7? Is there a way to calculate?

[adaseb]

Is this your own personal VPS or are you just renting out or got some promo and got it free or cheap? Reason why is because mining in general uses 100% CPU usage and usually if you are just renting the VPS, they don't allow constant load like that. They usually rent the same rig to multiple people at the same time and if you are constantely hogging all the CPU usage then other people will complain to the admin and you will most likely get booted off.

Either way even if you are allowed the profitability will still be very little. Even for the RandomX algo there will be tons of other people who will mine it and the profitability will be very small since the overall daily miner block reward is little. There is just too much competition right now. You basically need GPUs to make some small profit like $0.20/day/gpu. CPU is very difficult these days.

[swogerino]

It is always profitable if this server sits unused at your work and you have permission to use it if needed.You will not pay any electricity this way and will get all the net profit.

However I know no one is given such permission in the work place and if you will pay for electricity or will rent this VPS chances are high that you won’t make any profit.

[febriyana]

I don't get why you not using your vps.
For me vps with 20 ram is have chance to make profit, not only for mining. I think mining with vps is risky because the vps provider can banned your vps.
Maybe you can try rent it for website hosting for example.
But if you wanna mining, that is also profitable, especially your vps has GPU.

[phenam]

You basically need GPUs to make some small profit like $0.20/day/gpu. CPU is very difficult these days.

$0.20/day/gpu Per what component of the GPU is that referring to? (i.e. core, watt)


Thanks

[Kodaman]

Soon the cpu mining will be worth it...

[CjMapope]

If you have an unused server and electricity is free then obviously yes.
Monero is going to migrate to RandomX algo which essentially means CPU mining will get a big boost and that will enable you to utilize your server for some good profits.

BTW 20GHz? Care to elaborate?

It's vCore, I'm not sure the difference of to actual core, but I just know it's in terms of GHz.

How comfortable are you with computers?

Unfortunately RAM doesn't matter so much for mining. What you need is computing power. Given that you say you have 20 Ghz, assuming thats a cluster of CPUs or something, the first thing you'd need to do is check how much your electricity rates cost, make sure it's at least less than $0.1 kwh. Afterwards, just setup your mining software and go crazy with Monero.

I'm good but not a tech guru.
How much Monero currency can be anticipated per month if this 20GHz runs 24/7? Is there a way to calculate?

Is this server in house? ya power costs will be the major factor, that thing is likely a power hungry BEAST : /
If its in cloud, keep in mind "cryptocurrency/blockchain mining"  is specifically forbid in the ToS, you WILL be banned
What chips are in the server specifically? id assume some intel server chips, mine XMR or even zcoin man
also:BOID. great CPU minable token

[boris1044]

I have an unused server with 20GHz and 20 rams. Is this even feasible to make any profit on any crypto?

It depends on your VPS ToS. All the VPS providers I know, they ban anything related to cryptomining at the very first sight.

[funnyman7777]

Actually RAM matters , difference can be 1/3 for RandomX and it comes mainly if you fill all  A,B,C,D banks with at least 1 memory bank.