New Video for Peercoin

Hiring a Marketing/PR Person

Peercoin v0.4 client released, update required before 5th May

Author Topic: [UPDATED] Guide to mining on DigitalOcean! ($0.007 per hour, 700+ PPS)  (Read 23747 times)

Offline XPMiner

  • Jr. Member
  • **
  • Posts: 15
  • Karma: +2/-0
  • Hello I'm new here
  • Referrals: 0
    • View Profile
3/28/2014 UPDATE: Now using mikaelh's HP12 miner. Thanks mikaelh!

Below I've written a step-by-step guide along with my personal tips. Please use my referral link below. Donations are welcome!
(XPM: AbPbhpodUx4DDPpgrYUCuGrTVehqiVxHes | LTC: LSRn1M1kp7cukPnn9K6UcckVP5Mi3FA7PZ | BTC: 1CGz2zaJeJ1Bg5ttVtzNbNuR13ThchPHyk)

1)   Visit DigitalOcean and sign up for a new account.
2)   Try any of these promo codes for a free $10 credit: http://www.retailmenot.com/s/digitalocean (note: you must enter it along with your credit card on the billing tab)
3)   Create a 512GB / 1 CPU Ubuntu 12.10 x64 Desktop. (This is the best value for mining purposes. $0.007 per hour up to $5 per month and I preferred the Desktop just because I hate not having GUIs though there may be a slight performance decrease.)
4)   You will be emailed the password for your "Droplet". Use it to login via "console access"
5)   Download Primecoin. http://sourceforge.net/projects/primecoin-hp/files/0.1.2-hp12/primecoin-0.1.2-hp12.tar.bz2/download
Code: [Select]
apt-get install build-essential libssl-dev libboost-all-dev libdb5.3++-dev -y
apt-get install libgmp-dev
tar jxf primecoin-0.1.2-hp12.tar.bz2
cd primecoin-0.1.2-hp12/src
dd if=/dev/zero of=/swapfile bs=64M count=16
mkswap /swapfile
swapon /swapfile
make -f makefile.unix USE_UPNP=-
mkdir ~/.primecoin
echo "rpcuser=ARPCUserName
rpcpassword=SomethingReallyLongOK
gen=1" > ~/.primecoin/primecoin.conf
sudo mv primecoind /usr/local/bin/.
primecoind --daemon
6)   Setup primecoind to load on startup: applications menu->settings->settings manager->session and startup->application autostart->add
Code: [Select]
/usr/local/bin/primecoind --daemon
7)   Create a script on desktop to run watch your mining progress (This makes it easier as once you login you just have to double-click one icon to check on your mining stats)
right click on desktop->create launcher->
Code: [Select]
watch 'primecoind listtransactions | grep "amount\|category" & primecoind getmininginfo'8)   Now your first "Droplet" is all set.
9)   To make more "Droplets" you can save time by cloning your first "Droplet" by saving it as an image and reusing it in "Create". (note: this maybe a security risk because then all your Droplets will have the same wallet)
10)    New accounts are limited to 5 "Droplets" however you can send in a support ticket to request your limit be increased.
11)    To access your newly mined Primecoins
on VPS terminal:
Code: [Select]
primecoind listtransactions # to find your receiving addresses
primecoind dumpprivkey $receiving_address
on main wallet:
Code: [Select]
primecoind importprivkey $privkey_from_vps

Happy mining! Let me know if you have any questions or your own suggestions/improvements.

--
(XPM: AbPbhpodUx4DDPpgrYUCuGrTVehqiVxHes | LTC: LSRn1M1kp7cukPnn9K6UcckVP5Mi3FA7PZ | BTC: 1CGz2zaJeJ1Bg5ttVtzNbNuR13ThchPHyk)
« Last Edit: March 28, 2014, 09:41:12 pm by XPMiner »
XPM: AbPbhpodUx4DDPpgrYUCuGrTVehqiVxHes | LTC: LSRn1M1kp7cukPnn9K6UcckVP5Mi3FA7PZ | BTC: 1CGz2zaJeJ1Bg5ttVtzNbNuR13ThchPHyk

Offline FuzzyBear

  • Forum Operator
  • Administrator
  • No life but Peercoin!!
  • *****
  • Posts: 1323
  • Karma: +75/-0
  • Referrals: 13
    • View Profile
    • Escrow PPC trades 1% fee
nice guide, i had a test with a few servers and found no advantage to increasing the number of cores and ram.. think my server provider sucks :P
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym
PPC Escrow 1% fee

Offline craslovell

  • Moderator
  • Sr. Member
  • *****
  • Posts: 204
  • Karma: +17/-0
  • Hashing away, the moments that make up a dull day
  • Referrals: 0
    • View Profile
Giving it a try, but it looks like the promo code isn't working  :(
PPC: PQKv5dNz9kgWpTSQDwbT3GGnqUghzhZ1mL
XPM: AYLXzB77w48bitdpBdoCjuCGEBzfoMnfnQ
Join the party: www.ppcoin.d7.lt

Offline XPMiner

  • Jr. Member
  • **
  • Posts: 15
  • Karma: +2/-0
  • Hello I'm new here
  • Referrals: 0
    • View Profile
Giving it a try, but it looks like the promo code isn't working  :(
Try any of these: http://www.retailmenot.com/s/digitalocean
XPM: AbPbhpodUx4DDPpgrYUCuGrTVehqiVxHes | LTC: LSRn1M1kp7cukPnn9K6UcckVP5Mi3FA7PZ | BTC: 1CGz2zaJeJ1Bg5ttVtzNbNuR13ThchPHyk

Offline craslovell

  • Moderator
  • Sr. Member
  • *****
  • Posts: 204
  • Karma: +17/-0
  • Hashing away, the moments that make up a dull day
  • Referrals: 0
    • View Profile
Giving it a try, but it looks like the promo code isn't working  :(
Try any of these: http://www.retailmenot.com/s/digitalocean

I was just about to say, HELLOSF works for $5 off.

Making a droplet now for fun, we will see how it goes!
PPC: PQKv5dNz9kgWpTSQDwbT3GGnqUghzhZ1mL
XPM: AYLXzB77w48bitdpBdoCjuCGEBzfoMnfnQ
Join the party: www.ppcoin.d7.lt

Offline craslovell

  • Moderator
  • Sr. Member
  • *****
  • Posts: 204
  • Karma: +17/-0
  • Hashing away, the moments that make up a dull day
  • Referrals: 0
    • View Profile
Going to have to add some nodes, this droplet doesn't like to play nice.
PPC: PQKv5dNz9kgWpTSQDwbT3GGnqUghzhZ1mL
XPM: AYLXzB77w48bitdpBdoCjuCGEBzfoMnfnQ
Join the party: www.ppcoin.d7.lt

Offline craslovell

  • Moderator
  • Sr. Member
  • *****
  • Posts: 204
  • Karma: +17/-0
  • Hashing away, the moments that make up a dull day
  • Referrals: 0
    • View Profile
Going to have to add some nodes, this droplet doesn't like to play nice.

scratch that it just had to think hard about it for 5 minutes  :)
PPC: PQKv5dNz9kgWpTSQDwbT3GGnqUghzhZ1mL
XPM: AYLXzB77w48bitdpBdoCjuCGEBzfoMnfnQ
Join the party: www.ppcoin.d7.lt

Offline ekco

  • Jr. Member
  • **
  • Posts: 4
  • Karma: +0/-0
  • Ahoy
  • Referrals: 0
    • View Profile
I've had so-so luck on my digitalocean miners - my openVZ miners perform a hell of a lot better.

digitalOcean1: 32 PPS
digitalOcean2: 19 PPS
digitalOcean3: 28 PPS

openVZ1: 118 PPS
openVZ2: 312 PPS
openVZ3: 230 PPS

XPM: AKdjLt941fj1V5yvGDwMTMjewrZqJS1UYb
BTC: 17LMVsaysvdAAU9kEHARouRaoEAqsCum3L

Offline XPMiner

  • Jr. Member
  • **
  • Posts: 15
  • Karma: +2/-0
  • Hello I'm new here
  • Referrals: 0
    • View Profile
I've had so-so luck on my digitalocean miners - my openVZ miners perform a hell of a lot better.

digitalOcean1: 32 PPS
digitalOcean2: 19 PPS
digitalOcean3: 28 PPS

openVZ1: 118 PPS
openVZ2: 312 PPS
openVZ3: 230 PPS

What's the rate you're paying for openVZ?
XPM: AbPbhpodUx4DDPpgrYUCuGrTVehqiVxHes | LTC: LSRn1M1kp7cukPnn9K6UcckVP5Mi3FA7PZ | BTC: 1CGz2zaJeJ1Bg5ttVtzNbNuR13ThchPHyk

Offline craslovell

  • Moderator
  • Sr. Member
  • *****
  • Posts: 204
  • Karma: +17/-0
  • Hashing away, the moments that make up a dull day
  • Referrals: 0
    • View Profile
my droplet is getting about 3 PPS when I check it. Doesn't bother me though it's just for fun!
PPC: PQKv5dNz9kgWpTSQDwbT3GGnqUghzhZ1mL
XPM: AYLXzB77w48bitdpBdoCjuCGEBzfoMnfnQ
Join the party: www.ppcoin.d7.lt

Offline mhps

  • Hero Member
  • *****
  • Posts: 617
  • Karma: +20/-3
  • Referrals: 0
    • View Profile
According to this https://en.bitcoin.it/wiki/Wallet#Bitcoin_Qt it is not a good idea to use the same wallet elsewhere (e.g. in the VM created by images)

The solution seems to be simple if the wallet in the image is empty -- delete the wallet.dat and a new one will be generated when the wallet is run. https://en.bitcoin.it/wiki/Securing_your_wallet#Making_a_new_wallet

If you don't know it yet -- here is how to access your new coins from another wallet even before the coins mature. Useful when you have to give up the VM and the immature coins in it cannot be sent out:  http://www.ppcointalk.org/index.php?topic=333.0

PPC PU6zS8RRBWP2UxhuRFengGsu8n4tEYB5xV XPM AJAgBpPjGQoL38mrtW91dVqhbMHqu25vfG

Offline XPMiner

  • Jr. Member
  • **
  • Posts: 15
  • Karma: +2/-0
  • Hello I'm new here
  • Referrals: 0
    • View Profile
OP has been updated with optimizations.
XPM: AbPbhpodUx4DDPpgrYUCuGrTVehqiVxHes | LTC: LSRn1M1kp7cukPnn9K6UcckVP5Mi3FA7PZ | BTC: 1CGz2zaJeJ1Bg5ttVtzNbNuR13ThchPHyk

Offline DR3AMR2

  • Jr. Member
  • **
  • Posts: 4
  • Karma: +0/-0
  • Hello I'm new here
  • Referrals: 0
    • View Profile
For the watch section, you'll get a cleaner output to show the mining info and balance (immature, mature and orphan) if you use this:
Code: [Select]
watch 'primecoind listtransactions | grep "amount\|category" & primecoind getmininginfo'

Offline XPMiner

  • Jr. Member
  • **
  • Posts: 15
  • Karma: +2/-0
  • Hello I'm new here
  • Referrals: 0
    • View Profile
For the watch section, you'll get a cleaner output to show the mining info and balance (immature, mature and orphan) if you use this:
Code: [Select]
watch 'primecoind listtransactions | grep "amount\|category" & primecoind getmininginfo'

Thanks! Updating OP
XPM: AbPbhpodUx4DDPpgrYUCuGrTVehqiVxHes | LTC: LSRn1M1kp7cukPnn9K6UcckVP5Mi3FA7PZ | BTC: 1CGz2zaJeJ1Bg5ttVtzNbNuR13ThchPHyk

Offline DR3AMR2

  • Jr. Member
  • **
  • Posts: 4
  • Karma: +0/-0
  • Hello I'm new here
  • Referrals: 0
    • View Profile
You can also get away with compiling the source code in the smaller single CPU droplet if you create a swapfile
Code: [Select]
dd if=/dev/zero of=/swapfile bs=64M count=16
mkswap /swapfile
swapon /swapfile

 
Share this topic...
In a forum
(BBCode)
In a site/blog
(HTML)


Peercoin.net Official Peercoin Website