What is happening with the price?
Amazon S3 miner is back (hashrate is up) and he has to sell the yenten to pay his bills so he tanks the price wien he mines.
Amazon miners will bid for compute power and at a 80% discount offf reserved compute power. then they buy $200 of aws credit for $20 from the digital goods forum and can mine yenten for about 30-50 sat i believe, and that price will increase if difficulty rises.
any idea hows this Amazon S3 guy mining ? Yenten will be in moon in next 6 months I suppose.
Spread the awareness.
I set up 240 CPU instances on AWS to try it out for a few days and I got about 20kh/s hashrate, and i'm happy to show anyone else how to do it because I think these guys need the competition.
Thats nice. May I know how to do that setup?
second : howmuch it cost to setup like you done?
setting it up is practically free because you can use the free introduction instance to setup your mining instance and disk image. If you want to run any amount of CPUs it costs about $.012 per hour using the spot request. The PokemonGoArena guy on Digital Goods was selling a $50 aws credit for $5 which should give you about 1500 YTN which comes out to 1 YTN = 40 satoshi.
But you can only use certain aws credit "events" once or twice on a single account, so it looks like the more you do this the more it will cost. The BackToCali guy is selling $100 credits for $25, which comes out to 1 ytn = 100 sat. although I think he will discount those codes in a couple days because they aren't selling.
EDIT: i had some hiccups with the PokemonGoArena seller. Nothing major, but i would recommend the BackToCali seller.