Scrypt mining on AWS Nvidia GPU with CudaMiner
March 24, 2014
I’ve been following the Bitcoin/Altcoin “movement” for a little while now and for the past few weeks have been playing around with various miners.
I had been reading a little about various mining setups when I found this thread on using AWS GPU instances as a mining platform. The thread was a few years old so I decided to try and reproduce the results mentioned.
I struggled for a long time to get the Poclbm miner that he used working but I had an easier time with CudaMiner. The following is the script that I used to get CudaMiner installed on the Nvidia GPU instance
After you login to the box in AWS you can just do a WGET on the raw gist and then run the script.
I was not interested in solo mining so I also tested two Altcoin mining pools, Alternatepool and Multipool. I ran two instances for roughly 24 hours each against the 2 pools and compared the final estimated return in Bitcoin between the two. Multipool gave me better results by a significant factor so I would definitely recommend that one.
Running CudaMiner on the AWS instance gave me this result for hashes
GPU #0: GRID K520, 232.53 khash/s
What Multipool ended up reporting for hashes could bounce around a bit, I got anywhere from 189 khash/s to 225 khash/s.
At the end of the day, using AWS for your mining is not profitable. I probably made about 5 cents worth of coin for 20 dollars.
If you want to bump up your hash rate a little more you can also install a CPU miner and set it use your mining pool as well. It doesn’t add much but if you’re paying for the hardware why not.
If you have any questions about this please feel free to send me an email.