Best Ether Cloud Mining Services
There are limited options for Ether cloud mining contracts. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to ether.
Hashflare Review: Hashflare is a large Ether cloud mining provider. Ethereum cloud mining contracts cost 100KH/s = $2.90 for a one year contract.
Genesis Mining Review: Genesis Mining is the largest Ether cloud mining provider. Ethereum cloud mining contracts cost 1MH/s = $37 (1 Year Ether Mining), 25 MH/s= $925 (1 Year Ether Mining) and 100 MH/s= $3700 (1 Year Ether Mining).
Minex Review: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more.
Eobot Review: Eobot offers Ethereum cloud mining contracts with 0.0060 ETH monthly payouts.
ETHEREUM CLOUD MINING FOR DUMMIES
+_For Mac, Windows, and Linux users._
by A.Milan (github.com/angelomilan) and M.Terzi (github.com/terzim) with the precious support of @paul_bxd and @jesus666
** Warning: this has been tested on the Frontier test-net and has just recently undergone testing on the Frontier live-net, which has just been launched. A notice on costs: you are going to spend about 2.60 USD / hour for a g2.8 instance so keep this in mind, if you want to proceed **
This step by step tutorial tries to be easy to follow. It is supposed to be as easy as copy / pasting but we acknowledge that a certain level of understanding and patience to follow the detailed instructions is needed.
Even if you lack of patience, try to understand step by step what you are doing. If you do not, it does not really matter as long as you follow the instructions properly. If you have any questions, please contact @angelomilan or @terzim (github.com/terzim).
I want to mine Ether, but I do not want to use my machine and I do not want to invest on new hardware and pay thousand dollar electricity bills.
SOLUTION: cloud mining aka using Amazon’s cloud servers
Since GPU mining is set to be 100x more efficient than CPU with Ethereum, we need to look to renting GPU power on the cloud. The answer, apparently, is Amazon Web services EC2.
On Ethereum forum @paul_bxd revealed an inner mean (hashrate) of 24 MH/s using an AWS g2.8xlarge instance comparable to the benchmark of an AMD Radeon R9 280x : 23.2 MH/S which is the best in class for ethereum mining (Nvidia Geforce is far less efficient)
The tutorial is divided in two parts. In the first, we are going to create an Ubuntu Linux virtual machine on Amazon Web Services (AWS) EC2 (Elastic Compute Cloud); in the second part, we are going to install Ethereum C++ miner on Ubuntu.
##Part 1 - Creating an Ubuntu Linux virtual machine on AWS EC2 (Amazon Web Services, Elastic Compute Cloud)
###Step 1 - Get an AWS account
First things first: get an AWS account here.
Amazon Web Services (AWS) is a cloud computing service provided by Amazon, the well known e-commerce giant.
Click on the top-right button:
As you can see, the registration process is very handy, since you can sign-in with your existing Amazon account. You may notice that AWS offers the EC2 service free for 750 hrs/month, for 12 months. However, that is for the Linux t2.micro instance. That is good for testing, but not for mining Ethereum. I will tell you later what instance to select to maximize the GPU power.
Once you have registered on AWS, you will be presented with a big list of the services offered by Amazon.
Click on EC2 (stands for, Elastic Compute Cloud), that will give you GPU horsepower for mining the Ethereum blockchain.
###Step 2 - Setup the pre-built AMI (Amazon Machine Image) on AWS EC2
An Amazon Machine Image (AMI) “provides the information required to launch an instance, which is a virtual server in the cloud”.
For our purposes, we need to use the following AMI:
- IMAGE: ami-2cbf3e44 for US-East (Ubuntu Server 14.04 LTS (HVM) – CUDA 6.5)
- STORAGE: Use at least 8 GB, 20+ GB recommended
How can we find it? To find a Linux AMI using the Images page:
- Open the Amazon EC2 console.
- From the navigation bar, select US East (N.Virginia);
- In the navigation pane, click Images -> AMIs;
- Switch to Public Images next to the search filter (the default is “Owned by Me” which will be at first empty, since you do not yet own any AMI)
- Click on the search filter and then (search by) AMI ID -> ami-2cbf3e44
Note: Make always sure you are in the correct region (US East, N.Virginia as we said) otherwise you will not see the AMI we are insterested in on the list.
The ami-2cbf3e44, like all the ubuntu 14.04 images, is supported by Ethereum Frontier, but in addition this pre-built AMI has all the NVIDIA GPU drivers, OpenCL, etc… all pre-installed.
- Select the ami-2cbf3e44 and click on the blue button, “Launch”.
###Step 3 - Customize and review your instance
Now we need to customize the instance to make sure we are doing things right.
- You will be redirected to “Step 2: Choose an Instance Type”
As we said in the intro, we need a GPU instance to mine Ethereum. If you scroll down the list you will see 2 GPU instances.
- We will go for the g2.2xlarge or g2.8xlarge (if you skip this step, you will not have an nvidia device)
- Just click on the empty box on the left to choose the instance
Note: At this point, if you want you can play with the t2.micro free instance before proceeding spending money.
Click on “next” and you will be redirected to “configure instance details” to access advanced settings for your instance. We suggest leaving everything as is, unless you feel extremely comfortable in what you are doing. A particularly interesting feature is the “purchasing options”: if you click on “request spot instances” you can specify the bid parameters for purchasing the computational power needed to launch your instance. Don’t overlook this feature if you want to be in control of the instance costs. As Amazon suggests: you have the option to request Spot Instances and specify the maximum price you are willing to pay per instance hour. If you bid higher than the current Spot Price, your Spot Instance is launched and will be charged at the current Spot Price. Spot Prices often are significantly lower than On-Demand prices, so using Spot Instances for flexible, interruption-tolerant applications can lower your instance costs by up to 90%. Learn more about Spot Instances: https://docs.aws.amazon.com/console/ec2/spot-instances. We want to highligth this: IF YOU ARE INTERRUPTION-TOLERANT!
Click on “next” and you will be redirected to the “add storage” screen. We recommend to use at least 20+ GB. Otherwise you will run out of space pretty soon! :) In any case, just do not edit these settings unless you are comfortable about what you are doing. (ask the guide creators)
Click on “next” and you will be redirected to the “tag instance” screen. We recommend not to edit these settings.
Click on “next” and you will be redirected to the “configure security group” screen. It is important that you upgrade the security settings and choose “My IP” under the tag “Source”. By doing so, only you (i.e., your IP) will be able to launch the instance. Indeed, you do not want all the internet to be able to launch your instance!!
We are ready, just click “Review and launch” at the bottom and “Launch” in the next screen.
###Step 4 - Launch
You will now be prompted to create your access key aka “Key pair”. To use a virtual machine we first need an access key (keep it private!). Amazon AWS access keys consist of a public key and a private key.
- Scroll the dropdown menu to “Create new key pair”
- Type a name for the access key
- A .pem file will be automatically downloaded to your local machine, this is your private key.
- Backup this file (for example, storing it in a USB drive) since you will need this for remote access to your virtual machine on the AWS cloud
- Then click “Launch Instances”
- All right, now on “View instances”
Your instance should be pre-selected. Wait about 5 minutes for the Initializing process. Then click connect.
###Step 5 - Connect your machine
On your Mac:
- Put your .pem file in the folder Applications > Utilities
- Launch Terminal
Type or copy/paste
chmod 400 /Applications/Utilities/youraccesskeyname.pem
ssh -i /Applications/Utilities/youraccesskeyname.pem ubuntu@YO.UR.PUBILICIP
Note: You will need to use this line every time you close Terminal and want to start again
To connect to your instance on Windows you will have to follow additional steps:
Note: If you specified a passphrase when you converted your private key to PuTTY’s format, you must provide that passphrase when you log in to the instance.
Note 2: If these steps don’t work the first time, quit PuTTY and do it again. Click