Installing Ioncube Loaders can be a confusing and daunting task, if you aren't used to working in SSH.
After months of banging my head against the wall, I finally figured it out.
I made this video and tutorial for anyone else who is having the same challenge...
Just click the link below:
How To Install Ioncube Loaders Onto A Dreamhost VPS
Let me know if this helped you.