![]() ![]() I also added the optimizations for p2 instances recommended by AWS in their Optimizing GPU Settings guide. To make sure my tests are consistent, I created a CloudFormation template that you can reference on Github and feedback is of course welcome. Unfortunately, these AWS NVIDIA CUDA instances do not support the newer g3 GPU types. Here is a link to the g2 and p2 instances that I used for my POC in the AWS Marketplace: NVIDIA CUDA Toolkit 7.5 on Amazon Linux. I started by selecting GPU instances that already have the NVIDIA CUDA Toolkit installed and do not incur extra software pricing. So far I haven’t had any issues but my test AWS account is over a year old so that’s probably why. I don’t see any specific mention that mining is prohibited in the AWS AUP (Acceptable Use POlicy) but do read the AWS AUP if you’ve never read it before. It’s also worth mentioning that AWS probably frowns on using EC2 resources for mining so don’t be shocked if AWS smacks you with a policy violation if you try mining-especially with a brand new AWS account. As of today, I have not invested any of my own hard earned cash on any cryptocurrency. This post is not an endorsement for Siacoin or Monero-I’m simply a hobbyist with a healthy sense of curiosity. My aim was not to dig into the details but rather to simply answer the question of, “Is it profitable to mine Siacoin and Monero on the same instance using a bunch of spot instances?” This is just a high level, fun project for me to try something different from my daily work. I’m not an expert on cryptocurrencies nor the algorithms and protocols that power them. Also, the fact that AWS recently announced new G3 GPU’s was just too juicy to ignore so I wanted to give those instances test spin. I’m aware that many before me have already tried mining on AWS but I haven’t seen anyone try to leverage both GPUs and CPUs on a single instance for mining two different cryptocurrencies simultaneously. I had some extra AWS credits and decided to do a POC (Proof of Concept) on mining both Siacoin and Monero cryptocurrencies on a single, GPU and Compute optimized instance-specifically the P2 instances. ![]() The only chance you have to maybe make a profit today is if you have a ton of AWS credits to burn and mine a significant number of Siacoin that explodes in value in the future. Mining Siacoin (SC) and Monero (XMR) simultaneously on any AWS GPU instance today is not profitable even with spot pricing. ![]()
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