spotminer
Finance and crypto
cryptocurrency mining automation
SHOW HN2018
64points
17comments
#660of 2,155 in 2018
Top 31%of 2018 by points
How HN took it
CuriousMostly questions and neutral comments
0 positive, 7 neutral or asking, 0 mixed, 4 critical, out of 11 comments about the project. Thread score -0.27.
Privacy: 0 for, 3 againstPricing: 0 for, 1 against
The thread, comment by comment
Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.
positive neutral or mixed critical about another commenter or something else the maker
What HN said
Objections
Hardcoded mining wallet address in the code, since fixed by maker
From 2 comments
It seems the repo has a hardcoded mining address here, isn't it? I'm not sure how do you configure a user at a mining pool, but be careful.…
broz on HNI've fixed that - it was unintentional and thank you for pointing it out.
alexellisuk on HN
Precompiled binary in Docker image cannot be verified against source
From 1 comment
But you are supplying a binary ! This docker container calls a pre-compiled binary ./cpuminer. There is no way to tell if this binary faithfully uses the bitcoin address provided…
swedish_mafia on HN
Mining on spot instances is unlikely to be profitable
From 2 comments
Is trading really better? With this you're basically guaranteed a profit, as long as you can find a spot instance cheaper than the mined amount.
bufferoverflow on HNas long as you can find a spot instance... In other words never. Now that this is out of the bag it's over.
wmf on HN
Questions
How quickly would a user lose money running this?
From 1 comment
How quickly will I lose money with this?
IgorPartola on HN
Which spot instances are cheap enough to mine profitably?
From 1 comment
What's the spot instance which can be used and not lose money on mining with 'em?
unusximmortalis on HN
Alternatives named
Dedicated EC2 instances
From 1 comment
Slower than if you used dedicated EC2s
np_tedious on HN