fj1cyber (OP)
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October 26, 2014, 09:44:30 PM |
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Hello i m buying 3 dedicated server cpu and 1 gpu server dedicated tell me is this profitable i m new to this kindly tell me the minimum server requirement to bitcoin or litcoin
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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shorena
Copper Member
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Activity: 1498
Merit: 1499
No I dont escrow anymore.
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October 26, 2014, 10:10:30 PM |
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Hello i m buying 3 dedicated server cpu and 1 gpu server dedicated tell me is this profitable i m new to this kindly tell me the minimum server requirement to bitcoin or litcoin
No. If you want a more lengthy and in depth answer, provide more information (prices, hardware specs). It will however not change the result as CPU and GPU mining is pretty much dead for litecoin as well as for bitcoin. |
Im not really here, its just your imagination.
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Dare
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October 26, 2014, 10:32:09 PM |
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Hello i m buying 3 dedicated server cpu and 1 gpu server dedicated tell me is this profitable i m new to this kindly tell me the minimum server requirement to bitcoin or litcoin
As this is the technical support forum and not mining support, I'm assuming you're asking the minimum requirements to run a full node; if you're trying to mine with them, you'll be lucky to get a few cents a month. ASICs are the only profitable method of mining at the moment, and even then it can be difficult to reach ROI. For Bitcoin, you'll need a minimum of ~50GB disk space, as the blockchain itself is nearly 30GB, and at least 1GB of RAM if you want to be able to run anything else besides bitcoind (for reference, my instance of Bitcoin-Qt is currently using ~320MB of RAM). A fast CPU isn't too critical, but a >2GHz dual-core or above is advisable since they're relatively cheap. I can't speak for Litecoin as I don't use it, but its system requirements are probably similar to those of Bitcoin (though it will likely use less disk space). You could run both on a Linux box with the specs I mentioned above without much difficulty. |
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fj1cyber (OP)
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October 27, 2014, 07:51:29 AM |
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which dedicated specification is okay for mining bitcoin prime coin or litcoin
CORE 2 4 GB RAM 500 GB DISK 5 TB BANDWITH
CORE 4 8 GB RAM 1000 GB DISK 10 TB BANDWITH
CORE 4 16 GB RAM 1000 GB DISK 15 TB BANDWITH
How much u guys think i can make from those server thanks guys
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Sonny
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October 27, 2014, 08:12:26 AM |
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which dedicated specification is okay for mining bitcoin prime coin or litcoin
I don't think you can get profit with renting dedicated servers to mine coins. CPU mining primecoin was quite profitable at one time, but the good old days has already been gone. For bitcoin and litecoin mining, you need an ASIC to compete with other miners at the current high difficulty. |
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fj1cyber (OP)
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October 27, 2014, 08:17:45 AM |
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so what should i do for coining mining instead of buying hardwares
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Sonny
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October 27, 2014, 08:38:27 AM |
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so what should i do for coining mining instead of buying hardwares
Other than buying hardware miners, you may buy cloud mining hashrate. No matter what you plan to buy, please do some mining profit calculation before making the deal, as it is nowadays hard to get mining profit. |
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shorena
Copper Member
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Activity: 1498
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No I dont escrow anymore.
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October 27, 2014, 10:34:49 PM |
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so what should i do for coining mining instead of buying hardwares
Hardware is not the problem, but you are asking for the wrong kind of hardware. https://bitcointalk.org/index.php?board=76.0 |
Im not really here, its just your imagination.
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tripppn
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October 27, 2014, 11:47:38 PM |
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You could maybe mine some CPU minable coins. Bitcoin/Litecoin you will never make anything using CPUs or GPUs of any power. I don't follow the CPU only minable coins but someone else might know more.
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“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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Iuvenalis
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October 28, 2014, 09:00:21 AM |
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GPU mining is only profitable before mid 2013. application specific integrated chips are pretty much twenty to even hundred folds more efficient than gpu. dedicated server with gpus is also quite pricey.
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jennifer21
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October 28, 2014, 01:47:11 PM |
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How much would it be worth if I start my hardware so that I could start mining? Can I get those hardwares in asia?
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novacn
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October 28, 2014, 02:00:20 PM |
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If you mean mining coins, NO!
Do not do things like this. With current price even with ASIC mining machines won't be very profitble for non professional miners.
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jeffersonairplane
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www.bitkong.com
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October 28, 2014, 02:13:10 PM |
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There is no way it can be profitable to mine with dedicated servers with GPUs at this point, no matter how powerful or how energy efficient. IF you have to pay anything for electricity, you will not be making any profit from mining.
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Pkofet
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October 29, 2014, 09:28:34 AM |
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How much would it be worth if I start my hardware so that I could start mining? Can I get those hardwares in asia?
What kind of hardware are you talking about here? SHA ASIC? Scrypt ASIC? GPU? CPU? Also what coins are you going to mine? Some prefer to mine extremely new coins then wait for the coin prices to go up, and some prefer to use multipool then trade their coins for bitcoin ASAP. |
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