Mining Bitcoins with VPS

Bogdan asked 2 weeks ago

Hello,
Can you start mining for Bitcoins with a VPS machine with 8 proccersor and 30 gb of ssd and 4 gb of ram.How much could you make per month with such a rig just an estimate please.Also are there other cryptocurrencies that are more profitable then BTC?

Ofir Beigel Staff replied 2 weeks ago

At the moment I think it’s 12 cents per KW in the US

Bogdan Masca replied 2 weeks ago

How much would the power per month be per unit in $ how much is it in the us

1 Answers
Ofir Beigel Staff answered 2 weeks ago

At the moment it will only be profitable to mine Bitcoins with a dedicated machine, and that too is questionable. Meaning, I’m not sure how long it will take to get your investment back. You can user our mining calculator to do the math.
Regarding other currencies – it depends, on how much their price will go up and down and their difficulties. I’m not that knowledgable on mining other currencies than Bitcoin so I can’t give you a good answer at the moment.

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