I didn't even know you could mine with googleI have a few $300 Google Cloud accounts. Can I mine with them? Does anyone know? Thank you
You CANNOT mine crypto currencies on Cloud. They are not even profitable.
Reasons why you can't do it. To get any crypto you need to solve the algorithms, to solve the algos you need higher hash rates. To get higher hash rates you need to make money rain incase of cloud consoles. Or just buy a miner online.
Even if you manage to invest in the console to get a good hash rate, you won't even be getting half of your ROI. Mining crypto is so main stream. You should only leave it to the big players who invest hard on Mining rigs. Even if you are into a mining pool for lower cryptos, you can't compete because big players have already set up their rigs made specially for mining.
If you are a part of a mining pool, what you get is decided on the amount of hash rate you are contributing to the pool, again big players take the maximum money. Cloud isn't for mining.
What can you do with cloud then? Rent the console to graphic designers or a good gamer.
Graphic designers get paid a lot and will in return invest a lot too to get a console for faster rendering.
Mining can be done on cloud in other ways too, there are website which have their own coins and pay out people in terms of gift cards or BTC for mining their coins. The highest hash rates in this category can be anywhere from 1k to 1.5k H/s. If you set up multiple consoles for one account, you can take home around 100-200$ worth of gift cards every month. It depends on your hash rate thou.
Create multiple google accounts, create 3-month trial console accounts for each, you can find the BIN that works online. And set them up to make a few dollars every month.
You CANNOT mine crypto currencies on Cloud. They are not even profitable.
Reasons why you can't do it. To get any crypto you need to solve the algorithms, to solve the algos you need higher hash rates. To get higher hash rates you need to make money rain incase of cloud consoles. Or just buy a miner online.
Even if you manage to invest in the console to get a good hash rate, you won't even be getting half of your ROI. Mining crypto is so main stream. You should only leave it to the big players who invest hard on Mining rigs. Even if you are into a mining pool for lower cryptos, you can't compete because big players have already set up their rigs made specially for mining.
If you are a part of a mining pool, what you get is decided on the amount of hash rate you are contributing to the pool, again big players take the maximum money. Cloud isn't for mining.
What can you do with cloud then? Rent the console to graphic designers or a good gamer.
Graphic designers get paid a lot and will in return invest a lot too to get a console for faster rendering.
Mining can be done on cloud in other ways too, there are website which have their own coins and pay out people in terms of gift cards or BTC for mining their coins. The highest hash rates in this category can be anywhere from 1k to 1.5k H/s. If you set up multiple consoles for one account, you can take home around 100-200$ worth of gift cards every month. It depends on your hash rate thou.
Create multiple google accounts, create 3-month trial console accounts for each, you can find the BIN that works online. And set them up to make a few dollars every month.
If it is a $300 google cloud trial account, how many US dollars of cryptocurrency can it be converted into? thanks.
ROI really wouldn't be an issue as there would be no initial investment with trials.
It is against google's Terms and Conditions to use the 'Trial' account for mining. https://cloud.google.com/terms/free-trial/
But, you can use awsmining which provides ASIC miners or other hardware miners which can be of profit to you if you are looking to invest.
If you want proofs to why cloud mining isn't profitable.
https://medium.com/@codeAMT/how-to-mine-bitcoins-using-an-aws-ec2-instance-7604128c2c8f
To save your time go to the end of the page.
surveys ? what surveys ? Can you introduce it, thank you.i use google cloud for surveys but mining is not profitable at all
Did you get the $300 trial accounts for free? I’m sure there are other ways to profit more effectively than mining.
Do you have a website where I can do that ?You CANNOT mine crypto currencies on Cloud. They are not even profitable.
Reasons why you can't do it. To get any crypto you need to solve the algorithms, to solve the algos you need higher hash rates. To get higher hash rates you need to make money rain incase of cloud consoles. Or just buy a miner online.
Even if you manage to invest in the console to get a good hash rate, you won't even be getting half of your ROI. Mining crypto is so main stream. You should only leave it to the big players who invest hard on Mining rigs. Even if you are into a mining pool for lower cryptos, you can't compete because big players have already set up their rigs made specially for mining.
If you are a part of a mining pool, what you get is decided on the amount of hash rate you are contributing to the pool, again big players take the maximum money. Cloud isn't for mining.
What can you do with cloud then? Rent the console to graphic designers or a good gamer.
Graphic designers get paid a lot and will in return invest a lot too to get a console for faster rendering.
Mining can be done on cloud in other ways too, there are website which have their own coins and pay out people in terms of gift cards or BTC for mining their coins. The highest hash rates in this category can be anywhere from 1k to 1.5k H/s. If you set up multiple consoles for one account, you can take home around 100-200$ worth of gift cards every month. It depends on your hash rate thou.
Create multiple google accounts, create 3-month trial console accounts for each, you can find the BIN that works online. And set them up to make a few dollars every month.