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Mining cryptocurrencies even in a market downturn can be profitable. The most costly part is the purchase of equipment. Miners try to apply different methods to save money – for example, renting the capacity of large farms. In traditional data centers, you can also use dedicated server racks. In the article, the reader will learn how real is mining on dedicas (dedicated server). We will tell you what to pay attention to and what the complexity of crypto-mining is.

What is a dedic

Dedicated servers are needed to host large websites and store large data sets. Remote equipment replaces a computer, but is customized for the specific task of uninterrupted operation of a web-resource. Private users also apply the power of data centers for their projects – for example, large-scale testing of pages before launch or parsing data. Depending on their goals, clients rent racks in 2 ways:

• Part of a single device (virtual server, VPS). Payment is based on disk space consumption or other system resources.
• Dedicated (actual) server. The client rents the entire hardware. The price is significantly higher than that of a VPS. It is possible to pay hourly or once a month.

The first type is effective only in technically simple tasks. For crypto mining, it is important not to distribute CPU power between users and choose an independent rack.

Is it possible to mine on dedicas

It is necessary to understand what the server consists of and what technical characteristics are at the disposal of the user. For the work of a potential web-resource, a central processing unit (CPU) and RAM (RAM) are enough. They are responsible for the speed and the number of operations performed. You also need storage for data – a hard disk like HDD or solid-state SSD-drive.

Graphical video processors (GPU) for servers are optional. This is their main difference from an ordinary desktop computer or a crypto farm.

Mining is computational operations based on hashing algorithms. The most complex ones bring the most profit: for example, SHA-256 allows you to mine Bitcoin (BTC). However, high-performance CPUs as well as video cards are not enough for it. Only ASIC hardware with special hash boards is effective for BTC mining.

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On asic-resistant algorithms, calculations are performed by graphics cards or CPU. Only a few of them are compatible with CPU – CryptoNight and RandomX mechanisms. Therefore, the answer to the question whether it is possible to mine on a dedic, in theory, is positive. The CPU of a dedicated server is capable of mining digital coins.

How to choose a dedic for mining

Hosting providers do not provide data on the models embedded in the processors. It is impossible to accurately assess performance without them. Only information about the frequency of the CPU or the number of cores is disclosed. Also, services offer optimized servers for different needs:

• Universal c low CPU, RAM and disk space.
• With increased RAM.
• With additional storage (embedded one or more SSDs with capacity from 1 TB).
• Optimized for computing tasks (devices with multi-core CPUs).

The last type of racks is recommended for mining. However, the rental cost for them is high. For example, Amazon rents a dedicated rack with a 64-core CPU for $3.13 per 1 hour (or $75 per day).

Getting started with a dedic

Large hosts provide dedicated servers for free for up to 1 year. However, you should take into account that this is the most inefficient equipment with low technical indicators. Among the popular services:

• Amazon Web Services.
• Microsoft Azure.
• Google Cloud Platform.

How to connect

The procedure is the same for any tariff. The user will need:

1. Create an account on the provider’s website.
2. Provide documents for identity verification (KYC).
3. Specify the payment instrument.
4. Select the type of server.
5. Make payment if necessary.

Setup

Windows, Linux and Ubuntu operating systems are pre-installed on the hardware. However, environments with a console type of management consume fewer resources. For crypto mining, you will only need to install the miner-client and specify wallet and pool credentials for connection in it.

Författare: Saifedean Ammous, en expert på kryptovalutans ekonomi.