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I have free server credits of $10000 which should be utilised with in a year from a famous hosting provider. I can run machines with 64GB RAM and with multiple
by intrepidkarthi 10y ago
I have free server credits of $10000 which should be utilised with in a year from a famous hosting provider. I can run machines with 64GB RAM and with multiple cores for that prize. How can I utilise it in the best way? I am a programmer myself. I am looking for suggestions and also collaborations.
- AznHisoka 10y agoNot BitCoin (before someone posts this)
- cocotino 10y agoWhy not?
- mastermojo 10y agoIt's not very efficient compared to specialized mining hardware. I haven't done the math but your return will probably be <<1% of the credits.
- cocotino 10y agoWell, it's free servers, so whatever he can get out of them will be good.
- popey456963 10y agoI believe (from rumours of friends) that most servers actually ban bitcoin mining on their system anyway.
- smilingtom 10y agoOnly the naive believe something is "free"
- intrepidkarthi 10y agoI can run two machines with 64GB RAM & 20 Core CPUs for the whole year 24/7. Do you still think the return will be less than 1%? I am just wondering how others do mining.
- intrepidkarthi 10y agois there a reason?
- brink 10y agoHow much would someone even stand to make running Bitcoin hashing 24/7 in this scenario? Not much I'd imagine.
- _RPM 10y agoTry to start a hosting business??
- intrepidkarthi 10y agoIt is a hard sell market
- fapjacks 10y agoRight, exactly. Not only that, but the industry is basically 98% scumbag confidence men and thieves (e.g. any number of brands run by Colo-Crossing). You will be trying to make a name for yourself in a field dominated by some of the worst people you'll ever meet. Even if you make it out of the cesspool to the top and start competing with businesses that are more or less honest (because they make enough of a margin through volume that they can afford honesty), you're competing with the likes of Digital Ocean, Ramnode, Linode, OVH, or even AWS, Rackspace, Google, Azure, etc. Basically, people that know what they're doing and have pretty loyal customers (loyal because of having dealt with the dishonest majority of hosting providers). If you do decide to go this route, managed hosting service with some kind of bespoke development (e.g. web development) services is probably your best bet, and don't skimp on the customer service even once. I mean, do whatever you want, but as someone that's had to work with this industry for fifteen years, I recommend against starting a hosting business.