Introducing Amazon Ec2 P3 Instances
The P3 instances are the first widely and easily accessible machines that use the NVIDIA Tesla V100 GPUs. These GPUs are straight up scary in terms of firepower.To give an understanding of the speed-up compared to the P2 instances for a research project of mine: + P2 (K80) with single GPU: ~95 seconds per epoch + P3 (V100) with single GPU: ~20 seconds per epoch Admittedly this isn't exactly fair for either GPU - the K80 cards are straight up ancient now and the Volta isn't sitting at 100% GPU utilization as it burns through the data too quickly ([CUDA kernel, Python] overhead suddenly become major bottlenecks).This gives you an indication of what a leap this is if you're using GPUs on AWS however.Oh, and the V100 comes with 16GB of (faster) RAM compared to the K80's 12GB of RAM, so you win there too. For anyone using the standard set of frameworks (Tensorflow, Keras, PyTorch, Chainer, MXNet, DyNet, DeepLearning4j, ...) this type of speed-up will likely require you to do nothing - except throw more money at the P3 instance :) If you really want to get into the black magic of speed-ups, these cards also feature full FP16 support, which means you can double your TFLOPS by dropping to FP16 from FP32. You'll run into a million problems during training due to the lower precision but these aren't insurmountable and may well be worth the pain for the additional speed-up / better RAM usage. - Good overview of Volta's advantages compared to event the recent P100: - Simple table comparing V100 / P100 / K40 / M40: - NVIDIA's V100 GPU architecture white paper: - The numbers above were using my PyTorch code at and the Quasi-Recurrent Neural Network (QRNN) at which features a custom CUDA kernel for speed Great write up as usual! Could you elaborate more on the python overhead a bit? Continue reading >>
Ethereum Mining On Aws In5mins
simply curious about new technology on the block If you have come into this post, you must have heard of bitcoin mining. Bitcoin mining refer to using a node to verify transactions, compile them to a block, solve computational puzzles and submitting the block to the network for a block reward. Most of the effort in the step above are in solving those computationally intensive puzzles. However, Bitcoin mining is no longer feasible for normal folks like you or me as the optimal hardware to mine is ASIC (Application-Specific Integrated Circuit) specially designed for solving for those computational puzzles. Using your own CPU or GPU will result in higher cost (electricity and hardware) than the potential reward. Ethereum is a blockchain network, there are plenty of articles out there to describe the differences of Ethereum over Bitcoin. The main advantage is the blockchain ability to manage not just currency, but any possible item such as DNS in a decentralised manner. Ethereum miners will also have to do exactly the same things as what Bitcoin miners does; except for those puzzles which require not just computational power, but also memory as well. This reduces the competitive advantage of ASIC over GPU. Lets get started on how to mine some Ether on AWS! Change your zone to US East (N. Virgina) as it appears to have the cheapest price for our instance type. Proceed to AWS, under EC2 console, select Spot Requests. Under AMI: Search for ami-84f819f9 in community AMIs Click Next and launch the instance. By this step, you should see a instance coming up. The reason why we choose ami-84f819f9 under AMI is to get an image that has cuda and ethereum client installed the moment you start your instance. You can do a history command to look at the commands ever typed or ps aux to Continue reading >>
Cryptocurrency Mining At Home (2017megapost)
Home Blockchain Cryptocurrency mining at home (2017megapost) Cryptocurrency mining at home (2017megapost) Posted on July 16, 2017 by Rob 10 Comments UPDATE: 22-Aug-2017 turns out Genesis Mining is either a scam, or is hacked beyond recovery. They were hacked a month ago, and still have not given out payouts to many/most customers. A little side-project Ive been working on is: what would it take to do cryptocurrency mining at home? We all know people went crazy with Bitcoin mining. However, as a cryptocurrency picks up steam, the complexity of the work gets exponentially higher. Now, its to the point where you need specialty hardware, and its not that profitable. However, the principle still stands: if you were to mine for a something other than Bitcoin blockchain technology, those can still be profitable. Which ones are profitable? That changes almost hour-by-hour. You can research with sites like to figure it out. For this blog post, Im focusing on Ethereum. Blockchain-based technologies like Bitcoin, Ethereum, and Litecoin are used like currency on the internet. They work by miners, doing intense mathematical calculations, and cryptographically verifying the transactions. The miner who figures out the answer, gets a reward. How much? Well, it depends on your processing power, and the cryptocurrency. So, what would it take to build one of these miners? Can you just use a regular Windows computer for this? In short, no, not really. You need at least one good-quality video card, first. Before you get invested in reading all of this, here are the conclusions up-front, if thats why you are here: Dont mine with your hardware: Unless you get free electricity, and even if you do, this is not the best option for mining. You have to find hardware (and GPUs are SUPER expensive Continue reading >>
Is Mining Litecoins On Aws Ec2 Profitable? Part 1: Cpumining
Is Mining Litecoins on AWS EC2 Profitable? Part 1: CPUMining With the value of Bitcoins soaring to record highs, hitting USD 1,242 on 29 Nov 2013, many might be tempted to join in the gold rush of Bitcoin mining. But the competition is fierce, and the difficulty level has risen to a level that makes Bitcoin mining unprofitable for most except those with highly specialized equipment. Enter Litecoin , the silver to Bitcoins gold, which similarly rose to a record USD 48.48 on 28 Nov. Unlike Bitcoin, which uses the SHA256 algorithm that requires specialized hardware called ASICs for maximum performance today, Litecoin uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. In other words, it is designed for people with commodity high-performance CPUs and GPUs to participate in. What if you do not have a high-performance CPU or graphics card to mine Litecoins with? How about renting them, say from Amazon Web Services (AWS) ? In this two-part series, I shall examine whether it is profitable to mine Litecoins with CPUs and GPUs rented from AWS. Let us begin by mining Litecoins with CPUs. AWS is a cloud computing company that provides computing resources for rent by the hour. This is perfect for an experiment like this, to find out if it is profitable before sinking more money into mining hardware. Amazons Elastic Compute Cloud (EC2) offers different configurations of virtual computing instances. For the purposes of Litecoin mining, we want EC2 instances with the maximum CPU power available. At the moment, these would be the c3.8xlarge Compute Optimised instances that come equipped with 32 virtual CPUs (which are hardware hyperthreads from 2.8 GHz Intel Xeon E5-2680v2 (Ivy Bridge) processors) and 60 GB Continue reading >>
Next-generation Gpu-powered Ec2 Instances (g3) | Hacker News
They say "next-generation", but these are M60 GPUs, which are very much "previous-generation". Current generation would be P100 GPUs. I am in the market for a cloud GPU offering, and I have to say the big cloud providers are very uncompetitive here, only offering these old, slow GPUs. I was also surprised (and sent it around to our team internally last night). We're skipping Maxwell entirely as you can see from my previous comment threads. For display it's still a fine part. The P100 is also a beast, so its overkill for most people just doing Remote Desktop. So perhaps the M60 (like with Azure) fills this market segment for them, and they don't mind the hardware diversity. [Edit: Too sleepy. A post down below reminds us that these are G-series and G is for Graphics. So yeah, I assume they just didn't want to wait for enough P4 parts in volume or will quickly make another such announcement about the Pascals]. Or GTX 1080 ti. Aren't the Tesla class like the P100 mostly super overpriced for deep learning because their only main advantage is Double (64 bit) float support, and no one really needs that? Plus half float (16 bit) support, which is not super widely used (but certainly more than double). Something like 95%+ of Deep Learning must be done with single floats (32 bits) right now afaik, making this a fairly dubious expense > Aren't the Tesla class like the P100 mostly super overpriced for deep learning Yes. Nvidia has real competition from AMD in consumer graphics but no competition in enterprise. Their consumer cards are sold at a competitive price while their enterprise cards are marked way up. If cloud providers were really smart, they'd release cheaper/just-as-fast instances with consumer cards, but Nvidia probably doesn't want to do that deal; they'd prefer to p Continue reading >>
What Is Ethereum Cloud Mining?
There are limited options for Ether cloud mining contracts. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to ether. Hashflare Review : Hashflare is a large Ether cloud mining provider with reasonably priced Ethereum cloud mining contracts. Genesis Mining Review : Genesis Mining is the largest Ether cloud mining provider. Ethereum cloud mining contracts are reasonably priced. Minex Review : Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more. Eobot Review : Eobot offers Ethereum cloud mining contracts with 0.0060 ETH monthly payouts. by A.Milan (github.com/angelomilan) and M.Terzi (github.com/terzim) with the precious support of @paul_bxd and @jesus666 ** Warning: this has been tested on the Frontier test-net and has just recently undergone testing on the Frontier live-net, which has just been launched. A notice on costs: you are going to spend about 2.60 USD / hour for a g2.8 instance so keep this in mind, if you want to proceed ** This step by step tutorial tries to be easy to follow. It is supposed to be as easy as copy / pasting but we acknowledge that a certain level of understanding and patience to follow the detailed instructions is needed. Even if you lack of patience, try to understand step by step what you are doing. If you do not, it does not really matter as long as you follow the instructions properly. If you have any questions, please contact @angelomilan or @terzim (github.com/terzim). I want to mine Ether, but I do not want to use my machine Continue reading >>
Eth Gpu Cloud Mining Market In 2017 Looking Grim
ETH GPU Cloud Mining Market in 2017 Looking Grim In the hopes of beating Ethereums Metropolis deadline on predictable mining pools, I decided to consider what short term cloud mining opportunities are available to contribute to my existing workers, before changing gears toward other alt coins. The most notable options appeared to be AWSs EC2 GPU instances, Azures GPU instances, Genesis Mining, Hashflare, Eobot, NiceHash, and Crypterra. As of the date of this article, as we approach Ice Age, the approximate cost of 1 block at a reward of 5 ETH plus uncles is roughly 1GH/s per day for 1 month at a current price of ~$340 USD/ETH. The current ethpool.org approximation is $0.06/MH/s/day. Heres what Ive found. Please remember that this is an article about Ethereum mining, so these prices are strictly for Ethereum mining: The AWS EC2 P2, G2, and G3 series are GPU-powered instances boasting unparalleled graphical power for things like machine learning and 3D applications. Released in July 2017, the G3 series are powered by NVIDIA Tesla M60 GPUs, which as of todays date retail in the neighborhood of $6.5k. The G3s predecessors are the NVIDIA Tesla K80 ($4-8k) powered P2 and the NVIDIA GRID K520 ($1k) powered G2. While these are all top-of-the-line graphics cards, theres one problem for miners they do not hash well and there is hardly a financial imbalance between any of the 3 instance types, to consider one more profitable than the other. After performing tests on each instance type at varying sizes, I found the following information: [Note: As the Ice Age approaches, the pricing for AWS instances, below, is only on-demand pricing, as long-term contracts like an AWS EC2 reserved instances would not be of benefit.] AWS EC2 G2: Each GPU hashes at 7.x MH/s and costs $15.60/day for Continue reading >>
Ariejan De Vroom - Bitcoin Mining Anno 2017
Bitcoin was introduced in 2008 and has gained much popularity since then. Atthe time of writing the exchange rate for 1 BTC is about 1100 (or $1166), quitean increase from when you could get 1 BTC for just a few euro. It is 29 November 2017, just eight months after writing this post, and the exchangerate has skyrocketed. The $10,000 barrier has already been broken and the 10,000barrier is in sight. If youre interest in mining bitcoin, this post is stillrelevant. Fees will be lower (as they are charged in $/) and your net yield willbe higher. Good times! Mining bitcoin can be quite lucrative, but its hugely dependent on the exchangerate and the difficulty of mining. The difficulty is something that is only goingto increase. In the early days a fast CPU was enough to mine new Bitcoin blocks,followed by GPU mining and eventually specialized ASIC chips. Besides investing in powerful hardware to mine blocks, theres also the utilitiesbill. Calculationg millions of SHA-256 hashes per seconds is not very powerefficient. If youre like me, you dont want to have a machine in your study or living roomgenerating noise and heat to mine Bitcoin. There are several options, like rentinga powerful GPU machine at Amazon AWS, but theres a huge upfront cost. For thepast few years did not find mining bitcoin interesting or cost effective enough.Last week that changed. Last week I found Hashflare.io .The great thing about Hashflare.io is that you choose how much you want to investin hardware by purchasing mining capacity in units of 10 GH/s, currently at aprice of $1.20 per unit. Your mining capacity is put towards mining Bitcoin in different pools (you canchange these), resulting in a daily payout of mined Bitcoin. The good part? This is a life-time purchase. You keep the mining capacity - Continue reading >>
Is Ethereum Mining Profitable In 2018?
In this article we will try to figure out the profitability of Ethereum mining As the price of Ethereum isaround $1000 you may be wondering to yourself whether its worthwhile to mine ETH. Like Bitcoin, Ethereum is a proof-of-work coin that uses miners to confirm network transactions. The profitability of mining varies from person to person and changes over time usually becoming less profitable as the coin matures. In this article we will try to figure out the profitability of Ethereum mining. There are three important factors to consider: In a word, your mining rig needs to solve a mathematical algorithm to mine Ethereum. The mining difficulty of the network is a measurement of how difficult this algorithm is to solve. The higher the difficulty, the less Ethereum you receive for each unit of energy the GPU on your mining rig expends. As more miners join the network the difficulty increases. The Ethereum mining difficulty had been steadily increasing since the beginning of December with 1,500TH to ~2,500H. EtherscanEthereum Block Difficulty Growth Chart The daily block rewards of ETH have hardly changed since December and it is currently ~20.339 ETH. The hashrate is the speed in which your mining rig can solve the mathematical algorithm needed to validate a transaction. Miners with a high hashrate usually come with a high price tag, but they also typically use more electricity as they operate which could further drive your costs up. Average hashrate of ethereum network has increased since December from ~125492GH/s to ~203394GH/s, which is the highest rate of all time at the moment. Etherscan Ethereum Network HashRate Growth Rate Each mining rig works at a different level of efficiency and uses a variable amount of electricity. On the low end, miners typically draw ~100 Continue reading >>
Is Bitcoin Mining Worth It?
Last updated on December 23rd, 2016 at 11:15 am Bitcoin mining has received a lot of attention lately. Since Ghash suspended its cloud mining operation, many people have been asking a couple of very simple, but important, questions: Is Bitcoin Mining worth it? Is it possible to profitably mine bitcoins ? Well the answer is complicated, and mining bitcoins can be a great financial choiceor lead to financial ruin. Bitcoin mining has a complicated history, but we can learn much from looking at what has happened over the past few years. What Made Bitcoin Mining Worthwhile Before? Mining bitcoins has been a very profitable venture for a very long time. While many people who tried Bitcoin mining failed to profit, didnt receive their mining rigs due to fraudulent or inept companies, or barely reached a positive ROI on their Bitcoin mining attempts, that was not true for the more experienced miners. Those who had successfully optimized GPUs, or aquired FPGAs in 2012 and early 2013, as well as those that were able to obtain early ASICs, or were lucky enough to bet on the right Bitcoin mining hardware company for the following generations of ASICs have made incredible profit. However, the business of Bitcoin mining experienced a fundamental shift between when GPUs / FPGAs were the norm, and the rise of ASICsbitcoin mining hardware . These ASICs completely changed the game by increasing the efficiency of mining bitcoins by many orders of magnitude, and completely destroyed the profitability of mining with a traditional computer. WhyMining Bitcoins With GPUs Was Worth It Until 2013 Before the ASICs, Bitcoin mining was worth it simply because the difficulty stayed quite close to Bitcoins price. This was true for a few reasons: Many Bitcoin miners were only mining part-time, and wer Continue reading >>
Cpu Based Mining With Aws Spot Instances
I have experimented with GPU based mining on AWS, but havent found any methods where I can get the hashrate at anywhere near a decent speed (even with using the custom GPU type EC2 instances). So I am now looking at using an AWS EC2 instance to mine a coin on a CPU basis. Initially I will test using an on-demand EC2 instance, but would like to switch to using a spot instance (probably several spot instances), to reduce my costs. I havent found any guides on this, so I am assuming that this is not popular (or profitable). Has anyone here experimented with CPU based mining? What are some good CPU based coins to mine? I am considering Verium, Intensecoin and turtlecoin (not yet of any real value, but might be a year from now). The way i see it CPU mining is only worth it if you are willing to lose in the short term. Meaning: Mining emerging coins, those that have a shot, but are not that popular yet, so basically an investment in the future. You need to have in mind that most of these coins are not going to reach big values, and CPU mining is not going to give you that many coins, so you need to build some excels spreadsheets to make sure you are doing something with a plan, otherwise is just going to be lost money He stated it above by giving you the algo. Mining is not about the coins but the algo. Any coin that uses Cryptonite could be mined at that hash rate. I have mined both Monero and Electronium with my CPUs but right now I have them pointed at Nice Hash for BTC. I have never heard of AWS or Azure. If you guys point me to them I can try them out and give you guys a bench mark on what the Ryzens are capable of on them. AWS is Amazons rentable servers. What they are talking about is renting one of those servers to mine coins. From what I have heard is that Amazon ha Continue reading >>
Ethereum Gpu Mining On Aws Ec2 In 2017 | Cryptocurrency Mining | Pinterest | Cryptocurrency
CoinWarz provides cryptocurrency mining profitability comparisons versus Bitcoin mining, Bitcoin charts, cryptocurrency charts, and cryptocurrency mining calculators. How to Invest in Cryptocurrency & Blockchain Technology - Business Insider You can find on this page some of the opinions of clients and workers of Securitas Direct, a leader in alarms. Alexander Nerad's answer to Which cryptocurrency could be profitable to mine with a laptop in college, given that electricity is free? Cryptocurrency: and Bitcoin Investments Steemit An Everyman's Guide To Understanding Cryptocurrencies We created a Docker container to make it easy to mine Monero in Linux using a single command. Reputation, Rankings, and Revenue: Navigating Local for Non-Technical People Reputation, Rankings, and Revenue: Navigating Local for Non-Technical People Posted by MiriamEllis Your local SEO agency needs new clients in Your department needs to convince management to. What's new for on-page SEO in Rand outlines it in 5 succinct tactics: Move beyond keyword repetition rules; Searcher intent matters more than raw ke Continue reading >>
Booming Bitcoin Mining Is An Energy Hog
Subscribe to EnterpriseTech Weekly Updates: The mining of crypto-currencies is proving extremely lucrative, as witnessed by a spate of reports this week on the booming Bitcoin market. While the processing-intensive practice has been a boon to graphics chipmakers, for example, critics warn that Bitcoin fever is also neutralizing recent energy efficiency gains made in datacenters. The website Grist.org (which bills itself as a independent news source working toward "a future that doesn't suck") asserts that the extraordinary computing power required for Bitcoin transactions and the explosion of crypto-currency mining farms is accelerating energy consumption. With the growth of Ethereum virtual currency "mining farms," virtual prospectors are adding more and faster machines. Some have even hacked public clouds as a way to expand mining operations that require joining distributed crypto-currency networks. The added processing power needed to confirm and record transactions in a blockchain ledger is said to be greatly expanding aggregate computing power used within Bitcoin and other virtual currency networks. Hence, energy consumption from Bitcoin mining alone is estimated to be hit 32 terrawatt-hours per year, according the website Digiconomist. "New sets of transactions (blocks) are added to Bitcoins blockchain roughly every 10 minutes" by miners, the website noted. As more miners seek to get in on the action, Digiconomist argues that the energy demands required for all that processing power are unsustainable. "The continuous block mining cycle incentivizes people all over the world to mine Bitcoin," the web site reported. "As mining can provide a solid stream of revenue, people are very willing to run power-hungry machines to get a piece of it." As the value of Bitcoins Continue reading >>
Is Ethereum Gpu Cloud Mining With Aws, Hetzner Or Ovh Profitable?
Is Ethereum GPU Cloud Mining with AWS, Hetzner or OVH Profitable? Is Ethereum GPU Cloud Mining with AWS, Hetzner or OVH Profitable? Recently I discovered that two cloud hosting providers, Hetzner , based in Germany, and Ikoula , based in France, offer cloud-based GPU plans, as part of their dedicated server offerings. I was curious to see if these plans would be economically worthwhile for Ethereum cloud mining, so I ran some hypothetical projections to test this idea. I was also intrigued to see if these product offerings could be an alternative to the Ethereum cloud mining plans which have popped up online and have received a lot of negative coverage. Many of these contracts do not make economic sense. Lastly, I was interested to see if they could show more potential profit when compared to mining Ethereum with Amazon Web Services (AWS), which is quite unprofitable according to multiple articles that Ive read. Important:to keep the projections really simple, I did not account for Ether price changes or mining difficulty changes. I assumed the conditions today would be static for the next 12 months. This is obviously not realistic! However my goal was to test if the plans make sense given the conditions at the time of publication, so this was enough for an initial quick test. If you are curious about how I chose certain numbers for this test, such as has rates for different GPUs, Ether generated per month, and so on, see the notes at the end of the article. Hetzner is a long established web hosting provider based in Germany. They have a decent reputation, so I was excited to test their new GPU offer. Their GPU plan includes a single GTX1080 GPU, theres an initial setup cost of 99, and the ongoing monthly cost is 99. The setup takes approximately 1 week according to th Continue reading >>
How To Mine Bitcoins Using An Aws Ec2 Instance
How to mine bitcoins using an AWS EC2 instance With all the talk about the Segwit2x fork (that has now been postponed), I decided to get my feet wet in mining cryptocurrencies. Initially, I chose to mine ether, then Monero coins on Ubuntu 16.04 servers using their accelerated computing instances, but my curiosity got the best of me and I started wondering what it would take to mine actual bitcoins. Every forum and blog I searched advised against even trying. So much so, that I couldnt find any recent tutorials on GPU mining for bitcoin. I took it as an opportunity to create one myself. Note: folks have it correct. Bitcoin mining on the cloud without an ASIC miner does not yield any profit. Still, its a fun experiment. First things, first: sign up for a free account at Amazon Web Services . AWS offers virtual machines, storage, and a host of other services in some cases, for free during your initial 12-month trial. Warning: Account verification can take up to 24 hours. Once your in, navigate to the home page and select EC2. The dashboard gives you access to anything and everything youd ever need concerning launching and maintaining your VM. Including security. Lets deal with that next. On the left-side menu, at the bottom, under the submenu Network & Security, select security groups, then click on the bright blue Create Security group button in the top nav. Give the group a name and a description, and keep the VPC to the default setting. Below that, youll see a tabbed panel asking you to create some access rules for the group. Dont worry about that. Well keep with the default settings here, too. Were mostly concerned with Inbound Rules, so select the Inbound Tab and click Add Rule. For the SSH Rule, youll want to select My IP under source, and the input area will popula Continue reading >>