New on LowEndTalk? Please Register and read our Community Rules.
All new Registrations are manually reviewed and approved, so a short delay after registration may occur before your account becomes active.
All new Registrations are manually reviewed and approved, so a short delay after registration may occur before your account becomes active.
Comments
rent it out to other suckers.
my vps only generate costs and traffic through intensive yabsing.
I have no actual data to back this up, but my feeling is that any profitable method that you may find will not remain profitable over time.
To me, it feels like a pyramid scheme, where the developers of the new coin or method make huge profits, the earliest adopters make modest gains, and the vast majority lose money.
Does anyone here remember the pyramid parties of the late-1970s? It was a fad. I was there and watched it unfold. A small minority made a lot of money. They flashed a lot of cash and were buying cars and cocaine and luxury items. The vast majority of people lost a lot of money. Sometimes it was their college money or life savings. It unfolded over a six to nine month period, if I recall correctly.
My circle of friends were physics and math people. We were never taken in, but we saw it all around us. We did our best to warn our friends and friends-of-friends. We also witnessed those would not listen or succumbed to the excitement, which was followed by the inevitable flame-out, panic, and desperation. It was sad to watch, and so predictable. (My girlfriend at the time was a grad student in Sociology. A few people in that department lost a lot of money, including two young professors who should have known better.)
One difference between the two is scale. With the pyramid parties, a group of people had to show up at the same place and time to exchange real cash. I saw cash on a scale of hundreds and thousands of dollars. With cryptocurrencies and the scale of the internet, we're seeing losses in the billions of dollars.
To be clear, cryptocurrencies are not pyramid schemes, but the sociological aspects of the two seem to have much in common, at least to me.
Essentially they would mine a very niche coin, sell it to people or trade it on a specific platform, and then once it crashed they would move onto another coin or something else.
Presearch
Is it profitable to run a node there as minimum requirement is 4,000 PRE?
no idea, i know some people that have about 40 vps running it making some money
My VPS not Generate income. But I track with my VPS my Shares and ETFs with Portfolio Performance. And with that i can check and buy new shares.
I spun up a VPS under oracle cloud, deployed an openvpn server. Sold VPN profiles each at 1$ p/m to my non technical hostel friends for them to access blocked content. Profit.
They make me feelings of productivity.
That’s interesting because non technical ones usually just use one of the five million free vpn apps available online without thinking twice.
Semi technical ones. Not that much of technical, but technical
The free oracle tier ?
Yup
Weird all the people debating whether a VPS generates income or not
it's just a super cheap way to host web content. It depends on what you host