Hey! Hello, new here.

I plan on getting a VPS and mine on the p2pool, not for profitability of course.

But I don't know much about mining. It'd be my first time mining crypto.

How can I know how much hashrate the VPS has? To know if it's better the normal pool or the mini?

First check with your VPS provider that it allows mining. You'll probably be banned quickly

you can run monerod and p2pool on a VPS, but it's better to mine on your own hardware

You'll be lucky to earn back 1/10th of what you pay that vps

It really makes no sense to do it, and the contribution to the network will be negligible

<sech1> "First check with your VPS..." <- I asked (a year ago though) and they told me I can do whatever I can. It's Contabo.com.

I was running World Community Grid for a year with 0 issues

merope: Isn't the point of Monero that every CPU mining contributes a fair share to the network?

I'm always encouraged to do it. I like the project, It's not for money, it's for the cause.

Many VPS providers don't like 100% usage because they oversell their capacity. But if they say it's ok then you can try

Yes I got their OK from email

still surprises me mine doesn't mind me mining on it

* Isn't the point of Monero that every CPU mining contributes a fair share to the network?

I'm always encouraged to do it. I like the project, It's not for money, it's for the cause. And learning too, and having my own node.

but I do one nmap of my home to see if I've got any external services open that shouldn't be, and I get an abuse email :P

> <@snorch:matrix.org> Isn't the point of Monero that every CPU mining contributes a fair share to the network?

> I'm always encouraged to do it. I like the project, It's not for money, it's for the cause. And learning too, and having my own node.

Current network hashrate is ~3100000000 H/s. You'll be lucky to get 1000-2000 H/s on a vps, unless you go for the extremely expensive ones

Hell, if you're going for 1-4 cores you'll be lucky to get more than 500 H/s

800h/s on 4 cores for me :P

It will literally be a drop in the ocean. You will be burning money for peanuts

which is a shame, theres 64mb of L3 on hand

I get mining "for the cause", but you have to make a realistic assessment of what you're doing and how effective it is

Sure! I just wanted to know that's all.

If Monero has more than enough miners then It'd be just to understand how mining works.

I don't mind "burning" the 5 bucks a month a VPS costs if I anyways wanted to get one regardless if end up mining or not.

I actually am deciding between VPS and buying a computer, again for other purposes, but helping Monero was another thing on that list to justify paying for it.

I've wondered in the past, is every hash that doesn't find a block wasted?

pauliouk: yes

> <@snorch:matrix.org> Sure! I just wanted to know that's all.... (full message at libera.ems.host/_matrix/media/r0/do…59f3eaa4a3c2feafc01e70023075393bf5b)

"if it's better the normal pool or the mini?" with VPS, definitely try p2pool-mini

because it's better for low hashrate miners

I'd say, if the VPS is a bit weak ($5 VPS is probably quite weak) then hosting a public monero node would be of better benefit than mining on it

^

Ehm but to mine you have to get a node anyways no?

Only for solo-mining or mining on p2pool

But not required for "regular" pool mining

No no, p2p mining, mining on a pool is no longer recommend I've read, am I right?

I have 4 'beefy' VPS, (4 core 8->16gb memory, 1TB ssd) and 3 weak VPS (2core 4->8gb mem 300gb ssd) - all mine into my node as 'every little helps' especially on mini :)

Mining on a pool is fine, as long as you avoid the biggest ones (like Minexmr)

VPS capable of running a Monero node will be beefy anyway

But that's just to avoid centralization

now that p2pool exists, pool mining on the smaller pools is still fine, but I'd avoid the top 5 centralised pools

But why anyone would mine in a regular pool, if p2pool exists?

we ask ourselves that a lot

laziness I guess... they don't want to setup a monero node and p2pool node

Isn't p2pool 0% fee and not centralised? Seems there's no downside beside irregular payments

Because p2pool requires running a node (even pruned), which in turn requires a significant amount of storage. Not everyone has that

there are public options available though

Plus p2pool requires running a second bit of software, and some people are not technically skilled enough to figure it out

A pruned node is like 30 GB or so, no? It seems pretty low

More like 40-50GB nowadays

Who does want to run a mining rig and is short of 50GB of space? Seems odd to me

Somebody mining on their regular/work computer/laptop

My desktop has like 20GB free disk lol

Okay we are talking about very specific situations here then 😅

Anyways thanks for the info people :)

The more I learn about Monero the more I like it.

Gamers have no problems with installing 100-200 GB games, so it's more force of habit to mine on centralized pools

for the lazy folk, I might get around to spinning up a node host eventually

I'll try and keep them decentralised and host them across the VPSs I have available

the thing that matters the most is that the p2pool node is as close to the monero node as possible - the miners can be scattered around the globe

I've found on my new machine, I can leave xmrig running quite happily while I play DayZ. hashrate drops as to be expected, but then its windows, so it drops randomly anyway

overall latency from miner to Monero node matters too

or we'll get orphan blocks

omg :/ see this is why I don't use windows normally, feking machine rebooted for updates last night :|

wasted hashrate :o

I set up autologin and xmrig autostart on all my windows machines

because they're overclocked and reboot randomly ~once a week

this thing only runs windows for recording the video guides and playing dayz :P

it'll be on debian most of its life

Dang, dayz still a thing?

DayZ never dies :P

It still takes 4 literal hours to meet with your friend? I remember what a pain that was

nah I decided to throw it on the new build to see how the Ryzen 5700G handled gaming - so playing on a custom mod server. didn't take long to get a vehicle, and grabbed my first heli last night

hmm in regards to miner->monero proximity, I might spin up some node hosts in the US and farther out in Europe, mine are all in the London area

it makes no sense to discourage small mining. if the network continues to grow, *all* mining will be small mining in comparison

You saying this reminded me: How so there's 1 miner in the mini p2pool that has 90% of the hashrate lol?

that's beasty :)

helps avoid the risk of someone dropping a load of hashrate on the pool and orphaning shares