Mining Bitcoin (+ Other Altcoins) with Azure N-Series GPU Virtual Machines

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Today I will show you how to start mine cryptocurrency using free account on Microsoft Azure platform. First you need to create free account on Azure website. This will give you free account for 1 year and extra euro so you can spend it on site and try what install bitcoin miner on azure have offer to you.

We will use that money to create Virtual Machine. What is important, when you spent all euro, created virtual machine will stop work and no further real money will be taken from your account. We use free Trial Plan. When you create and activate install bitcoin miner on azure you will see this panel. Rignt now we will create Virtual Machine with Ubuntu Server. It's in polsih language, but I will show what you need to click. Now we can pick scpecification of our hardware.

We should pick 4 cores max for trial account and search for cheapest option with 4 cores. I suggest pick A3 plan. It has 4 cores and is cheap. Our virtual machine will work install bitcoin miner on azure almost 1. We need to set unique name for Diagnostic Storage Account. After that click OK and you should be in Step 4.

Virtual Machine with Ubuntu start to create. It will take a while. Now wi need tool to comunicate with that Ubuntu and start some miner. Now you can type your username and password. Password don't show when you type it, it's normal. Accept ant you will see welcome screen. Install bitcoin miner on azure you can install any linux based miner but for this tutorial we will use MinerGate.

I assume you can now create free account on MinerGate site by yourself or use my refferal link if you wish. That will be nice. First type in "sudo apt-get update" without quotes marks install bitcoin miner on azure press enter key.

After that "mv deb-cli minergate-cli-release. Now "sudo apt install gdebi" and Enter. When question will show up on screen, type Y and press Enter. This will take some time. And now "sudo gdebi minergate-cli-release. Again type Install bitcoin miner on azure and press Enter. You can pick other than me like Monero xmr or Bitcoin btc or Litecoin ltc or any other supported by minergate. After type correct email and currency you will see blue text that will give you some information about mining.

I mine here Moneta Verde that have -mcn shortcut. But right now when you close PuTTy window, miner will stop work. We need to type "nohup" before minergate-cli so miner can work even when we close PuTTy. If you see text "nohup: This is really nice! Ive had some trouble setting this up before, but now its working out!

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It's in polsih language, but I will show what you need to click Step 1, 2 and 3 is simple. Remember your account name and password, you will need this later. Here you see summary and can confirm everything.

Virtual Machine is set up and running. Copy your IP number that I show on picture. First time you will see window bellow, click Yes. Now we can mine using our account on minergate. Now type "nohup minergate-cli -user user email. Authors get paid when people like you upvote their post. You have completed some achievement on Steemit and have been rewarded with new badge s: For more information about SteemitBoard, click here If you no longer want to receive notifications, reply to this comment with the word STOP By upvoting this notification, you can help all Steemit users.

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Mining bitcoin for beginners

This article explains why. I have reports that this is being actively blocked by Azure. This was always intended for testing purposes not for actual production mining. Lately my colleagues have gone wild over this 'better than Blockchain' crypto currency named Ethereum Ether.

So here are my findings on how you can mine it in Azure. Like Bitcoin Ethereum is a crypto currency. This means you can make secure payments to anyone in the world, without a centralized bank to process the payment.

Because there is no single point of failure and the encrypted nature of the transactions this is a very secure form of payment. Ethereum is not only a public crypto currency, it is also offers you the possibility to create your own private chain.

It is way more than a currency. Ethereum allows you to write Smart Contract. These contracts can describe anything from a voting system or auction system to a custom payment model. Because each transaction is stored in the public or private chain, these can not be altered later. Since that moment I have always wanted to use it but never got to it until now. So, let's get started. As OS I am using Ubuntu We need to install these - check the Microsoft docs here for the latest commands to setup the drivers.

So before you start mining, you have to make the decision if you want to mine on your own or join a 'Pool'. When you join a Pool, you will be mining together with other people in the Pool on a certain block. The chance you will find a block will be higher than when you mine solo. Let me show you how to get started with pool mining.

In this example I am using a pool named 'Dwarfpool', but there are tons of others out there. The big questions obviously will be whether it was worth it, how much did I spend and how much did I make? Before answering, let me show you the possible GPU machines:. This unfortunately is not useful at all: Most miners do have a multi GPU setup, so I guess this would work, but the main question will be: Let's first look at the raw performance of each instance here; it looks to be scaling quite well.