Mining Bitcoins
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- Posts: 1
- Joined: 2013/11/20 12:45:38
Mining Bitcoins
Okay, I have heard everyone saying that mining bitcoins without dedicated equipments is no longer profitable (profit<electricity bill). Nevertheless, I have a few spare Dedicated Servers which are already there. It would be utter waste if they are not used to mine bitcoins. Any advice / tutorial / guide on how to program Centos into mining bitcoins?
Re: Mining Bitcoins
Wait until 6.5 comes out as it will have an openssl in it that supports EC and bitcoin requires this.
The future appears to be RHEL or Debian. I think I'm going Debian.
Info for USB installs on http://wiki.centos.org/HowTos/InstallFromUSBkey
CentOS 5 and 6 are deadest, do not use them.
Use the FAQ Luke
Info for USB installs on http://wiki.centos.org/HowTos/InstallFromUSBkey
CentOS 5 and 6 are deadest, do not use them.
Use the FAQ Luke
Re: Mining Bitcoins
With your logic, why not mine REAL coins.
You send me 5 shiny new US Quarters and I will send you a crisp US One Dollar coin. You can mine 24/7 with this "scheme" as long as you'd like.
Bitcoin mining on anything but a dedicated hardware miner (which costs thousands of dollars) is a complete waste of time. The low hanging bitcoin fruit is long long long ago picked. Like the old goldrush, it's not the miners that are making the money, it's the people selling the miners equipment that are raking in the dough.
You send me 5 shiny new US Quarters and I will send you a crisp US One Dollar coin. You can mine 24/7 with this "scheme" as long as you'd like.
Bitcoin mining on anything but a dedicated hardware miner (which costs thousands of dollars) is a complete waste of time. The low hanging bitcoin fruit is long long long ago picked. Like the old goldrush, it's not the miners that are making the money, it's the people selling the miners equipment that are raking in the dough.
For the 2.5^15th time :: Better Details = Better Answers
Re: Mining Bitcoins
Don't use the CPUs from the spare servers. Aside from running extremely hot, you WILL NOT turn any sort of profit.
If you want to try mining on the cheap & easy, what I did was get a few of these: http://bitcoinusbminers.com/ and then leave cgminer running in the background connected to a mining pool.
If you want to try mining on the cheap & easy, what I did was get a few of these: http://bitcoinusbminers.com/ and then leave cgminer running in the background connected to a mining pool.
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- Posts: 180
- Joined: 2005/06/14 22:05:56
Re: Mining Bitcoins
Hey, I also heard not long ago in 1849 deres gold in dem hills. A bit late to the BTC party, dude.ghost_technology wrote:Okay, I have heard everyone saying that mining bitcoins without dedicated equipments is no longer profitable (profit<electricity bill). Nevertheless, I have a few spare Dedicated Servers which are already there. It would be utter waste if they are not used to mine bitcoins. Any advice / tutorial / guide on how to program Centos into mining bitcoins?