0
I have a server with following specs which is using avg. 20% CPU daily :
Quad Core 3.20Ghz (E3-1230)
32GB RAM
1Gbps unmetered b/w
My questions are :
1). With today's rates does it makes sense to CPU mine Bitcoins, what results should I expect? I used http://www.coinish.com/calc/ but it does not have anything near to my hardware specs. All other answers to similar questions take the old Bitcoin rates into consideration of profitability - with 1BTC=$1200+ the scenario must have changed a lot ?
2). Secondly, can I use multiple servers and computers to work as a farm towards the common goal of mining bitcoins working as a team and will this help achieve the goal of profitability.
The servers are used for hosting websites and I pay a fixed rental. So there is no additional investment or charges involved.
1The last answer should be yes, no - yes, you can use multiple computers as a farm, but no, that wont help. If a computer is loosing money, more computers just loose more money. – TomTom – 2013-12-01T07:56:11.623
It's really a no. The question asks if it's more profitable to have more than one mining, but it's just the same as having a sole miner. As you said, they lose at the same rate. – Anonymous – 2013-12-01T10:22:30.700
Actually no. It is two questions. "Can I use multiple servers and computer to work as a farm towards the common goal" - yes. "And will this help achieve the goal of profitability" - no. – TomTom – 2013-12-01T10:23:18.993
The implication of the first "working as a team" is a precursor to the second, which is improving efficiency. You can see why I classed the two as one and the same, but I can also see why you treat them as different. – Anonymous – 2013-12-01T10:34:53.497