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Author Topic: Why to NOT consider AWS GPU cluster mining [summary analysis]  (Read 7772 times)
metonymous
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May 08, 2011, 02:08:31 PM
 #1

I cleaned up my posted review / analysis of AWS GPU cluster farming and posted it on my blog.

Cost Defective Mining with Amazon Web Services GPU Clusters

I hope you find my post informative!

I hope self promotion/pseudo-reposting is not too frowned upon. For the concerned, other justifications to repost: the title of my previous thread was extremely ambiguous; the content was spread between the posts; as the creator of the content I have the right to post it elsewhere, but am open to discussion of whether I should repost it here.

Thank you to bernd & error for their posts in the thread. Your input was appreciated.
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error
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May 08, 2011, 05:04:18 PM
 #2

I hope the $20 was helpful. Smiley

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gigabytecoin
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May 08, 2011, 06:35:09 PM
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You didn't actually spend $500 did you?!

You could have run each of them for an hour and received the same results, right?!
Sukrim
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May 08, 2011, 08:59:17 PM
 #4

Google spreadsheets can actually be exported as nice embeddable HTML frames btw.

Also maybe take into account that Amazon prices will stay the same more or less, but difficulty might go up (= less BTC per Hashes/s) and BTC<-->USD exchange rates are volatile to say the least.

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Tawsix
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May 08, 2011, 10:23:36 PM
 #5

Wow, I'm really sorry Sad I spent about $30 to figure that out, you gotta know when to walk away and know when to run!

metonymous
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May 10, 2011, 09:52:32 AM
 #6

Condolences appreciated Tongue

No, I didn't spend $500, but it was closer to 500 than 30... :\

Yeah, cut your losses early, it's good advice. I learnt a lot doing it, and am trying my hardest to use that as justification of the expenditure... I'm much more familiar with AWS now than before, and i'm heaps used to debian-based linux, and not so much yum based, so it was a learning experience getting all the stuff to compile and run properly; information that'll continue to be useful.

Live and learn, hopefully next time more cheaperly Tongue

I figure at least I'm making *new* mistakes (for me)!
allinvain
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May 10, 2011, 10:11:00 AM
 #7

Yep, as long as you're making *new* mistakes you qualify to be be officially SANE.

Grinder
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May 10, 2011, 10:31:26 AM
 #8

The background image you use makes it really hard to read.
metonymous
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May 11, 2011, 09:51:55 AM
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The background image you use makes it really hard to read.
Duley noted; improvement?
allinvain
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May 11, 2011, 01:57:15 PM
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The background image you use makes it really hard to read.
Duley noted; improvement?

Oh yeah. Tis perfect now.

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