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Offline lordfirefox

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[GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« on: November 29, 2013, 11:21:37 AM »

I'm posting this guide up here. It's in LibreOffice .odt format but can be opened in Wordpad on Windows 8 as well. If needed I could convert it to a .pdf

the pool used was beeeeer.org's pool and ptsminer.

Pimu7pvvbCJF9LKsCUw2ZUb2pdHRzLLjBa for Donations and I might do a more recent one for Coyote pool (maybe).  8)

Downloads:
AWS Protoshare Cloud Mining Guide

Google Docs Version here:
Lord FireFox's Guide to Amazon AWS Protoshare Mining Now formatted for easier reading!
« Last Edit: November 30, 2013, 01:23:37 AM by lordfirefox »
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Offline lordfirefox

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #1 on: November 29, 2013, 11:45:00 PM »
Reserved.
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Offline smokim11

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #2 on: November 30, 2013, 05:59:16 AM »
Nice guide very informative, will post a link to my thread.

I was wondering I am doing some tests and was wondering if you know how to mine a GPU (scrypt miner) on the amazon EC2 GPU instances?

Trying Cgminer and spent literally 7 hours, I've tried everything but it won't work. I've noticed alot of figured it out but their guides seem outdated.

If you know how to setup or know someone that can please let me know.

I'll donate 1 PTS for help, preferably over teamviewer (I'll have a amazon EC2 GPU instance ready to go) I prefer Ubuntu but windows is also ok.
If I helped you and want to show your appreciation donate any amount:
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Offline Moonover

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #3 on: November 30, 2013, 12:17:58 PM »
Awesome guide man, thanks a lot !

Will send some PTS your way !
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Offline Moonover

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #4 on: November 30, 2013, 01:05:48 PM »
Just to let you know guys, the spot instance for a c3.4xlarge in South East asia  (Sydney) is only at 0.22 ... quite a bargain.

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Offline JohnD

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #5 on: November 30, 2013, 06:19:47 PM »
Just to let you know guys, the spot instance for a c3.4xlarge in South East asia  (Sydney) is only at 0.22 ... quite a bargain.

I tried to get them but it did not work (even for 0.35). The prices statistics are sometimes strange... or do just not understand it.
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Offline rhombus_77

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #6 on: November 30, 2013, 09:05:54 PM »
I do not understand either.  I put a bid in at Sidney for $0.5.  According to the price history the spot price is $0.447.  The status message for my request states the minimum fulfillment price is 15.99
« Last Edit: November 30, 2013, 09:11:53 PM by rhombus_77 »

Offline Moonover

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #7 on: December 01, 2013, 05:21:57 AM »
I had the spot request for 24h ... after that, I keep getting this message in the log when I try to spot it : Your Spot request with price 0.51 was not fulfilled as the number of Spot requests with equal or higher prices exceeds the available capacity in this pool. ...

damb it ...

D.
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Offline Troglodactyl

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #8 on: December 01, 2013, 05:23:55 AM »
Nice guide, but I'd like to point out that you don't have to type all those commands in PUTTY.  Copy to clipboard, then right click in PUTTY to paste.  Also, once you have one set up, save the image from that instance and select it from "My AMI's" for the next instances so you don't have to install everything again.  This works even better if you add the run miner commands to a startup script, as that way you don't even have to connect to new instances, they'll just put themselves to work.

Offline pooky

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #9 on: December 01, 2013, 07:40:23 AM »
Well, I did some calculation. AWS might not be worth it unless you believe PTS price will raise dramatically in the future. (After your $100 free credit)

One cc2.8xlarge generates about 0.002685PTS per hour. At the current PTS/USD rate, that is $0.06143 USD. Even at the lowest price, cc2.8xlarge will cost you about $0.27 per hour. So you will have a negative ROI.

Offline Moonover

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #10 on: December 01, 2013, 08:03:42 AM »
I strongly believe that the market value of PTS is in fact gonna sky rocket soon enough ... I don't mind paying between 2 to 8 $ a day to mine ... it's called an investment.

two instance of c1.xlarge costs me 0.15/hour for now with a spot instance and are giving me 0.04 PTS per hour/hour and a half ... I'm not even losing money yet. And with the 100 $ from amazon, I'm making enough profit to compensate for a week or so of paying from my pocket ...

Definitely worth it. If you are not willing to risk something, you will never have a chance to be rich.
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Offline rhombus_77

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #11 on: December 01, 2013, 11:50:51 AM »
Can someone explain to me the pricing of spot instances?  On http://aws.amazon.com/ec2/pricing/#spot is a table which shows lowest price per region.  It is updated every 5 minutes.  Currently in Sydney, a c3.8xlarge is a $0.894 per Hour.  When I try to request a spot instance at lets say Max Price of $1.0, it is tagged as price-to-low.  In the Status line it states that $1.0 is lower than the minimum required Spot request fulfillment price of 40.0.   Looking at the Pricing History table, it shows a spike to $1.20, but holds steady at $0.89.  I am not sure what is going on. 

Offline TheStorm

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #12 on: December 01, 2013, 12:03:34 PM »
You checked for Linux/UNIX u need to check for Linux/UNIX (Amazon VPC) then you will get the correct prices.

Offline Moonover

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #13 on: December 01, 2013, 12:36:10 PM »
The minimum price for a spot instance is dependent on the number of spot request they are currently receiving ... check in the other region and check TheStorm's comment.

You better set your spot max price between 0.15 and + above the minimum if you want to have time to mine ...
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Offline lordfirefox

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Re: [GUIDE] The "No BS Amazon AWS Protoshare Cloud Mining Guide"
« Reply #14 on: December 01, 2013, 11:59:27 PM »
If the prices are getting crazy then go with some smaller Spot instances. You can set up multiple instances to mine. Just check prices before you commit.
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