CPU mining is still possible on Monero. It’s defferent from other crypto currencies such as bitcoin, ethreum, etc. It’s fair.
This guide shows you an easy way to mining Monero using xmr-stak on AWS spot instances without installation.
For cost reduction, I use instances supporting instance storage (so no ebs needed) and download program as specified in “user data”.
Note that it’s not profitable yet. (About 35H/s per cpu. Calculate at CryptoCompare)
create key pair
launch templates AMI ID ami-994db2e4 instance type m3.medium Key pair name select key name as created at step 1 advanced details / user data Enter as follows.
#!/bin/bash wget http://monerocpuminer.s3-website-us-east-1.amazonaws.com/xmr-stak chmod u+x xmr-stak yum -y install hwloc ./xmr-stak -O xmr-us-east1.nanopool.org:14433 -u MONERO_ADDRESS.ANY_ID -p "" -r "" --currency monero7
spot requests i. request spot instances ii. enter “Total target capacity” as you like iii. select “Launch template” registered at step 2 iv. modify parameters as you like. “EBS only” instance doesn’t work.
go to nanopool and enter “Address”