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Author Topic: I have LOTS of idle servers, should I mine?  (Read 3598 times)
guitarplinker
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November 11, 2014, 11:00:41 PM
 #21

You would make more money going into the hosting business and charging for website hosting than mining Smiley (or CPU coin mining)
This sounds like a good idea.

I can't think of any CPU only coins off the top of my head right now, but if you could use these servers to offer people a service (ex. VPN) then you might be able to make some money off of them.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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dac_2020 (OP)
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November 11, 2014, 11:03:07 PM
 #22

I can't offer services where people have to log in, access etc, it's too much to maintain for what I have setup. The environment is not built for remote access, it is built only to offload/backup/fail over our hosting business.

We already do hosting, that's why I have the setup.
Seketsuna
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November 12, 2014, 07:07:13 AM
 #23

mining? unless if you're prepared to lose money coz right now its a bad time to mine BTC the price keeps on gonig down
BitBear2
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November 12, 2014, 01:09:49 PM
 #24

You won't be able to cover power costs imo...renting them out and buying btc is your best bet

Def agree.
sumantso
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November 13, 2014, 03:19:33 PM
 #25

Some CPU coins used to be pretty good profits (PTS) and a few others. Then trade them crap coins into BTC

PTS is almost dead now. I don't know what the CPU coin scene is now, I think FTC moved to an algo which is CPU optimized.

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November 15, 2014, 04:33:58 PM
 #26

Well, I appreciate everyone's input and I guess the answer is to find something else to do with the hardware so thanks for your input.

Good luck to all.

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