Post
Topic
Board Beginners & Help
Re: Vps mining
by
ranochigo
on 10/06/2014, 03:11:29 UTC
I have started vps mining just to know how it works.
but i want to know  Huh Huh Huh Huh Huh that whenever i close putty it stops mining.
do anyone know which command i should run to let vps mine 24 hours a day.
i am using debian 7.0 x64 in my vps.
please help.

This has been unprofitable for some time now.

LTC mining was profitable a few months ago when using cloud computing, but difficulty increases and price decreases have caused it to become unprofitable.

My understanding is that the most one instance can mine is 2-3 MH/s.

Per http://www.bitcoinx.com/profit/ 200 GH/s will mine .0086 BTC per 24 hour period.

Based on the above numbers you would need to have ~66 thousand instances for 24 hours to earn .0086 BTC which comes out to $5
You are wrong. AFAIK, most instance can't get pass 500kh/s. LTC was never profitable since hosting providers will shut your VPS down after using 50% of the CPU for too long.