[Experiment] Is it possible to mine Storj with Google Cloud free trial?
Introduction
I've been thinking 💭, it is possible to earn and contribute to Storj using Google cloud free trial? Google Cloud comes with $300 credits. This experiment can also possible with Amazon AWS (a possible extension) and Microsoft Azure. But 😅I used up all my $200 credit in my Monero Mining experiment earlier on my Steemit post ¯_(ツ)_/¯.
😂
I'll be aiming for the Virtual Machine (VM) with the least cost, eg. 1 vCPU Broadwell, 8GB of RAM and give it plenty of storage (max out at 2048GB) (coz it's used for Storj 😂).
I'll be testing this intriguing concept out during the next few days, so stay tuned!
Edit (4/9/17): 8 vCPU Broadwell (max out) (as each CPU acts as a node. hence it's capable of running 8 nodes), 20GB RAM (min 1-2 GB RAM per node)
Update 1 (4 Sep 2017)
I have edited my VM specifications to more optimal levels, after setting my VM with Ubuntu 16.04. If Windows server is selected, there is an extra cost of $29.20/month.
Cost breakdown and Specifications
$302.94 per month estimated
Effective hourly rate $0.415 (730 hours per month)
| Item | Estimated costs |
|---|---|
| 8 vCPUs + 20 GB memory | $304.04/month |
| 2048 GB standard persistent disk | $90.11/month |
| Sustained use discount | - $91.21/month |
| Total | $302.94/month |
Hmm... Setting up Storj is harder than expected, I may need more time in this :)
Citations
Introduction
- N.a (n.d.). Storj Share Daemon (CLI). Docs.storj.io. Retrieved from https://docs.storj.io/v1.1/docs/storj-share-daemon-cli
- Ciprian V. (28 Aug. 2017.). How to Mine Storj & How Profitable Is It? - 1st Mining Rig. 1st Mining Rig. Retrieved from http://1stminingrig.com/mine-storj-profitable/