[ANN] -NEW BURST OP- MINE ANY FREE SPACE-(HDD MINING)- ATs, AE, P2P MARKET+MORE! - page 86.

pepi

full member

Activity: 414

Merit: 101

At current price, but regardless all, 0.8$ per month is meaningless. Not worth the time and effort to put miners and make all work

FXALTareeq

newbie

Activity: 28

Merit: 0

Quote from: daWallet on July 26, 2016, 05:26:36 AM

Quote from: pepi on July 26, 2016, 04:56:24 AM

Thanks for answer
So I will tear my 1 TB HD , cpu and memory for 0.08 $ per month?
Where is catch?

More like $0.80 per month. Highly dependent on the price.

So you 'invest' one TB .. which costs around $ 25 or less to get around $ 1 back each month.

This is the catch.

@DaWallet at what price (burst coin) are you forecasting $0.80 per month per 1 TB?

Blago

sr. member

Activity: 416

Merit: 250

Quote from: killerjoegreece on July 27, 2016, 04:54:36 AM

http://pool.burstcoin.it/ is not consistent on the payments anymore after the update to the new wallet version. what is the issue?

http://burstcoin.biz/address/9280977006799147888

http://pool.burstcoin.it/

Im using the updated wallet files with the avx miner

and im getting way less Confirmed DL

http://imgur.com/a/2g1TL
Did the dif rise? Did the network grow much bigger?

at now pool set "targetDeadline":"172800" - it's ~8.5 Tb recommended size
http://imgur.com/a/gPdvu

*for image used BaseTarget=3000760

Propagandalf

sr. member

Activity: 312

Merit: 250

Quote from: arseaboy on July 26, 2016, 03:56:18 PM

Quote from: pepi on July 26, 2016, 03:45:01 PM

All what you say is correct, and I know fact , if I mining my CPU works, my HDD works, but regardless all, mining profit from at 0.8$ per 1 TB is to small for me...
I read all infos you give me link, I read and much more...
Thanks for time and answers.

i'm also planning to the mining from my old pc using a 1 ter hardrive but after reading this calculation i was discourage thank you mates it is much better to buy the coin rather to burn my device.

There is virtually no wear and tear on devices that are used for Burst mining, which is one of the things that makes this technology unique. As far as I know this is the only coin where you can use your free hard drive space for mining. Because of how Proof-of-Capacity works, you are basically risking nothing by mining this coin. This means that you won't lose anything but rather earn 0.8$ with your 1 TB per month. There is no catch, and you can keep mining your other coins simultaneously.

If you read and learn more about Burst you will realize that there are lots of interesting projects going on, and there will be many new things introduced in the (near) future. The dev team is constantly working on improving the coin and technology, and the community is growing each day. These fundamentals alone make it likely that the value of Burst will rise and keep rising. So, personally, I would look at the 0.08$ per month for 1 TB of mining capacity as a cheap entry point, and not as a "fixed" monthly income.

If you want to earn more you can always buy an extra hard disk or two, or simply buy burstcoins and invest them into assets in the asset exchange.

killerjoegreece

legendary

Activity: 1680

Merit: 1010

Professional Native Greek Translator (2000+ done)

http://pool.burstcoin.it/ is not consistent on the payments anymore after the update to the new wallet version. what is the issue?

http://burstcoin.biz/address/9280977006799147888

http://pool.burstcoin.it/

Im using the updated wallet files with the avx miner

and im getting way less Confirmed DL

http://imgur.com/a/2g1TL

Did the dif rise? Did the network grow much bigger?

arseaboy

hero member

Activity: 644

Merit: 500

Quote from: pepi on July 26, 2016, 03:45:01 PM

All what you say is correct, and I know fact , if I mining my CPU works, my HDD works, but regardless all, mining profit from at 0.8$ per 1 TB is to small for me...
I read all infos you give me link, I read and much more...
Thanks for time and answers.

i'm also planning to the mining from my old pc using a 1 ter hardrive but after reading this calculation i was discourage thank you mates it is much better to buy the coin rather to burn my device.

pepi

full member

Activity: 414

Merit: 101

All what you say is correct, and I know fact , if I mining my CPU works, my HDD works, but regardless all, mining profit from at 0.8$ per 1 TB is to small for me...
I read all infos you give me link, I read and much more...
Thanks for time and answers.

Propagandalf

sr. member

Activity: 312

Merit: 250

Quote from: pepi on July 26, 2016, 05:46:36 AM

Right now I mining one coin with GPU: at the end of the month I will paid: electricity I spend for mining 24 h/ 30 days and will got + 70% extra profit above...
So....
But I sow many video about Burst configure wallet, find old 500 GB hdd unused... and was prepared to start...

Only thing that confuses me was sentence in original thread, that GPU miner is nearly 10 times faster then CPU.
So that will give me some hope... but now , when you clarify that GB or TB are instead "hash rate" it is not important does I have CPU or GPU for mining.

You wish to use 1 TB, which means that you will have to create plot files in that free space. In order to mine, you need to chose a miner that reads your plots files (simplified, that is how you mine with Burst). The more TB you have allocated to your plots files, the more hash power you have. However, there are certain other factors that kick in too, such as how fast you are able to read your plot files each round. Using a GPU miner to read your plot files will be quicker, and in some scenarios it can make you earn a bit more, but with only 1 TB of space you might as well use a CPU miner. Whichever miner you choose, it will put very little load on your CPU/GPU, as they are mostly reading your plots files, and not making all kinds of heavy computations like with 'conventional' mining.

Since you are new, I recommend heading over to our official forum and checking out the FAQ section: https://forums.burst-team.us/category/12/faq.

*EDIT*

To earn more burstcoin in addition to your mining, you can also check out the surfbar and one of the threads about faucets:
https://forums.burst-team.us/topic/645/surfbar-is-finally-working-and-paying-out/32
https://forums.burst-team.us/topic/733/funding-c-cex-directly-with-faucets-to-buy-burst/2

overdozedCEO

full member

Activity: 213

Merit: 100

Quote from: drbobbo on July 26, 2016, 12:10:57 PM

The OP is broken (at least in my browser), all images lost ....

yeah sry for that! will be back up tmrw after I changed my webhost! Wink

drbobbo

newbie

Activity: 41

Merit: 0

The OP is broken (at least in my browser), all images lost ....

pepi

full member

Activity: 414

Merit: 101

Right now I mining one coin with GPU: at the end of the month I will paid: electricity I spend for mining 24 h/ 30 days and will got + 70% extra profit above...
So....
But I sow many video about Burst configure wallet, find old 500 GB hdd unused... and was prepared to start...

Only thing that confuses me was sentence in original thread, that GPU miner is nearly 10 times faster then CPU.
So that will give me some hope... but now , when you clarify that GB or TB are instead "hash rate" it is not important does I have CPU or GPU for mining.

daWallet

sr. member

Activity: 302

Merit: 250

Quote from: pepi on July 26, 2016, 04:56:24 AM

Thanks for answer
So I will tear my 1 TB HD , cpu and memory for 0.08 $ per month?
Where is catch?

More like $0.80 per month. Highly dependent on the price.

So you 'invest' one TB .. which costs around $ 25 or less to get around $ 1 back each month.

This is the catch.

pepi

full member

Activity: 414

Merit: 101

Thanks for answer
So I will tear my 1 TB HD , cpu and memory for 0.08 $ per month?
Where is catch?

riskyfire

sr. member

Activity: 275

Merit: 250

Quote from: pepi on July 26, 2016, 03:51:28 AM

That calculator show price per block. But as any coin, faster you mining more coins you get. I really doubt that every one found one block per day?

With 1TB Hard Drive you can expect to mine a little over one block per month.

Burst Per Day
115 Burst

Burst Per Week
805 Burst

Burst Per Month
3449 Burst

pepi

full member

Activity: 414

Merit: 101

That calculator show price per block. But as any coin, faster you mining more coins you get. I really doubt that every one found one block per day?

b457

full member

Activity: 168

Merit: 100

BURSTcoin - Burst-team.us

Quote from: pepi on July 25, 2016, 08:40:34 PM

Can somebody tell me, if I plot 1 TB hard disc and start mining today: how many $ can make a day on pool? My cpu is I5-4670K at 4Ghz, 1 TB hdd and 8 GB RAM?
Thanks

Use this: http://burstcoin.biz/calculator
On the left side: Write your plot size (e.g. 1 TB) than use the result and put in the price calculator (right side).

pepi

full member

Activity: 414

Merit: 101

Can somebody tell me, if I plot 1 TB hard disc and start mining today: how many $ can make a day on pool? My cpu is I5-4670K at 4Ghz, 1 TB hdd and 8 GB RAM?
Thanks

zippolo

full member

Activity: 241

Merit: 100

Quote from: haitch on July 24, 2016, 06:09:55 PM

notabeliever - the Ninja and Burst-team pools got onto a side chain, and got ~10-15 blocks ahead of the "real" chain. I've nudged them back in the right direction, but I believe the real chain has to catch up to where the pools are at before they'll start processing again. Should be soon.

H.

My pool (pool.burstcoin.it) did something different, it started on the real chain and somewhere along the way forked. Now, thankfully I had a copy of the blockchain, I'm back on track

vella85

hero member

Activity: 1862

Merit: 590

haitch

hero member

Activity: 539

Merit: 500

notabeliever - the Ninja and Burst-team pools got onto a side chain, and got ~10-15 blocks ahead of the "real" chain. I've nudged them back in the right direction, but I believe the real chain has to catch up to where the pools are at before they'll start processing again. Should be soon.

H.

Topic: [ANN] -NEW BURST OP- MINE ANY FREE SPACE-(HDD MINING)- ATs, AE, P2P MARKET+MORE! - page 86. (Read 346527 times)