I want to create new Farm on Share Point 2010 server. I have already one Farm on same SharePoint 2010 server and want to create new Farm with existing Farm on same server. That means I require multiple farm working on same SharePoint 2010 server. Is it possible to create new Farm? Please provide step to create new Farm if possible to create.
You can not have two SharePoint farm on one server, Main reason is Config DB. One Server can connect to one Configuration Database only. You can Share the SQL Server between multiple farms.
Your Best bet is create another VM and configured the 2nd farm.