- Go to DigitalOcean and sign up for an account.
FYI, signing up for multiple accounts using the same info is against their terms of service. If you do this you may have your account removed by DigitalOcean and lose access to any coins you've mined.
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Create an Ubuntu 13.04 x64 droplet with the size you want. See below for speed ranges by instance size.
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You will be emailed an ip address and password. SSH into your new VM.
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cbeast posted his settings that will let you build primecoind on any size instance.