Difference between revisions of "CryptoMining and Total Cost of Ownerships"
Jump to navigation
Jump to search
(Created page with " sudo apt install git build-essential cmake libuv1-dev libssl-dev libhwloc-dev git clone https://github.com/xmrig/xmrig.git Then configure the environment: cd xmrig mk...") |
|||
Line 1: | Line 1: | ||
− | + | ||
+ | sudo apt update | ||
+ | |||
sudo apt install git build-essential cmake libuv1-dev libssl-dev libhwloc-dev | sudo apt install git build-essential cmake libuv1-dev libssl-dev libhwloc-dev | ||
Latest revision as of 01:09, 1 December 2021
sudo apt update
sudo apt install git build-essential cmake libuv1-dev libssl-dev libhwloc-dev
git clone https://github.com/xmrig/xmrig.git
Then configure the environment:
cd xmrig mkdir build cd build cmake ..
Then build
make -j 4
Then run
./xmrig -o gulf.moneroocean.stream:10128 -u 42vEACokepxRuwpD8KTEBUQ7LD3nHDX51FmuQoRWTCFHAs3QsXMyPVeVjRdaGUqVb6bnWo5e9Cahs4VDUiwrog4hSq1pKHF -p boxname
You can look at the hash rate of your mining pool here:
https://moneroocean.stream/
Running a TCO
Why don't you see if you can run a TCO on this: https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=100&HashingUnit=KH%2Fs&PowerConsumption=1200&CostPerkWh=0.12&MiningPoolFee=1
What would you need to make these equations work?
Would it be ethical to do what would be required to make these equations work? Are cryptocurrencies ethical?
Can I leave you with hopefully some lasting words:
"It's probably not worth compromising your ethics, your job or your respectable university student status to chase $4 worth of potentially imaginable money"