[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 609.

crowetic

legendary

Activity: 2282

Merit: 1072

https://crowetic.com | https://qortal.org

Quote from: mercyground on October 29, 2014, 09:02:35 AM

Quote from: Nevril on October 29, 2014, 08:51:08 AM

Burst Long Term Price Support project
(BLTPS)

I've released the first set of information about the project I've been working on in the last couple of weeks to support Burst.
You will find every detail on what it is and how to participate in this thread on BurstForum.
I've chosen it to be the official place where to ask questions and where updates will be.
Hopefully this will help moving some of the interesting discussions on our official forum.

Click Me!

Link is broken

Here is the link he's trying to post...

https://burstforum.com/index.php?threads/official-thread-burst-long-term-price-support-project-bltps.282/#post-2943

mercyground

newbie

Activity: 20

Merit: 0

Quote from: Nevril on October 29, 2014, 08:51:08 AM

Burst Long Term Price Support project
(BLTPS)

I've released the first set of information about the project I've been working on in the last couple of weeks to support Burst.
You will find every detail on what it is and how to participate in this thread on BurstForum.
I've chosen it to be the official place where to ask questions and where updates will be.
Hopefully this will help moving some of the interesting discussions on our official forum.

Click Me!

Link is broken

Nevril

member

Activity: 108

Merit: 10

Burst Long Term Price Support project
(BLTPS)

I've released the first set of information about the project I've been working on in the last couple of weeks to support Burst.
You will find every detail on what it is and how to participate in this thread on BurstForum.
I've chosen it to be the official place where to ask questions and where updates will be.
Hopefully this will help moving some of the interesting discussions on our official forum.

Click Me!

mercyground

newbie

Activity: 20

Merit: 0

Quote from: Hamuki on October 29, 2014, 08:23:45 AM

Quote from: 110110101 on October 29, 2014, 08:15:53 AM

You probably don't need them to be connected to one physical PC. Instead, have them plotted in a way that they do not overlap, and have them all using your same BURST-address.

I currently have to boxes mining to the same account, so I cannot see why you couldn't have each machine mining with it's hard drive instead. Of course, the drawback is that you would have multiple boxes and higher electrical costs by doing so.

Another option would be stripping out the drives and connecting as many as possible to your motherboard and/or via USB3 hubs to one or more computers.

Hmm, sounds like something I could do.

Just looks a bit crazy on the network size.
When I checked it 2 hours ago it had about 6100TB.

Right now there is 6884TB.

Worth getting into? Idk.. But if it does not stop or the value of the coin does not rise a lot so the profit will be the same then its gonna be a bit hard getting into this.

This is a good thing. More secure network.

Hamuki

legendary

Activity: 1022

Merit: 1000

Quote from: 110110101 on October 29, 2014, 08:15:53 AM

You probably don't need them to be connected to one physical PC. Instead, have them plotted in a way that they do not overlap, and have them all using your same BURST-address.

I currently have to boxes mining to the same account, so I cannot see why you couldn't have each machine mining with it's hard drive instead. Of course, the drawback is that you would have multiple boxes and higher electrical costs by doing so.

Another option would be stripping out the drives and connecting as many as possible to your motherboard and/or via USB3 hubs to one or more computers.

Hmm, sounds like something I could do.

Just looks a bit crazy on the network size.
When I checked it 2 hours ago it had about 6100TB.

Right now there is 6884TB.

Worth getting into? Idk.. But if it does not stop or the value of the coin does not rise a lot so the profit will be the same then its gonna be a bit hard getting into this.

110110101

legendary

Activity: 1382

Merit: 1002

You probably don't need them to be connected to one physical PC. Instead, have them plotted in a way that they do not overlap, and have them all using your same BURST-address.

I currently have to boxes mining to the same account, so I cannot see why you couldn't have each machine mining with it's hard drive instead. Of course, the drawback is that you would have multiple boxes and higher electrical costs by doing so.

Another option would be stripping out the drives and connecting as many as possible to your motherboard and/or via USB3 hubs to one or more computers.

Hamuki

legendary

Activity: 1022

Merit: 1000

Quote from: uray on October 29, 2014, 07:56:55 AM

Quote from: bobafett on October 29, 2014, 07:24:15 AM

Quote from: Hamuki on October 29, 2014, 07:13:31 AM

Is it worth getting into this kind of mining?

Because it looks like value isnt that high.

I have 27x 1TB harddrives and people around me are currious about this kind of mining..

But we dont want to be mining at a loss..

We know that if we started now we could make 0.011 BTC a day.

What is your suggestions?
This is a school project and we wanna do this aslong as its not going to be a loss..

Or is there maybe other coins like this one that I can mine instead and make a little more money on so it will last longer..?

~Hamuki

funny that you ask this in this thread. i think you will get here only one answer: start mining now! Grin

yeah start mining now!

what were u thinking, you already own those 27x 1TB drive!, it does not look you need to invest something other than your time and effort, mining cost will be ~200 watt / hour (assuming each drive consuming 5 watt, and other pc component about 70watt), for 0.15$/kwh electric cost it would be 0.72$ per day (not even one dollar)

How would you connect 27 harddrives to one machine?

uray

hero member

Activity: 1400

Merit: 505

Quote from: bobafett on October 29, 2014, 07:24:15 AM

Quote from: Hamuki on October 29, 2014, 07:13:31 AM

Is it worth getting into this kind of mining?

Because it looks like value isnt that high.

I have 27x 1TB harddrives and people around me are currious about this kind of mining..

But we dont want to be mining at a loss..

We know that if we started now we could make 0.011 BTC a day.

What is your suggestions?
This is a school project and we wanna do this aslong as its not going to be a loss..

Or is there maybe other coins like this one that I can mine instead and make a little more money on so it will last longer..?

~Hamuki

funny that you ask this in this thread. i think you will get here only one answer: start mining now! Grin

yeah start mining now!

what were u thinking, you already own those 27x 1TB drive!, it does not look you need to invest something other than your time and effort, mining cost will be ~200 watt / hour (assuming each drive consuming 5 watt, and other pc component about 70watt), for 0.15$/kwh electric cost it would be 0.72$ per day (not even one dollar)

Hamuki

legendary

Activity: 1022

Merit: 1000

How can I make a setup with 27 harddrives that cost the least in power?

With 27 tb you would make 0.011 btc pr day.

But it just looks like it will be 14 days max and then it would be mining at a loss :/

Hamuki

legendary

Activity: 1022

Merit: 1000

We pay 0.34$ pr kilowatt.

27x 1TB harddrives and then cpu and other stuff..

Well, it looks like the network is building up at a very high speed.

Not Sure if I can get into this now. It will take atleast 3 days or so before I can start mining.

mercyground

newbie

Activity: 20

Merit: 0

Quote from: Hamuki on October 29, 2014, 07:13:31 AM

Is it worth getting into this kind of mining?

Because it looks like value isnt that high.

I have 27x 1TB harddrives and people around me are currious about this kind of mining..

But we dont want to be mining at a loss..

We know that if we started now we could make 0.011 BTC a day.

What is your suggestions?
This is a school project and we wanna do this aslong as its not going to be a loss..

Or is there maybe other coins like this one that I can mine instead and make a little more money on so it will last longer..?

~Hamuki

I think BURST is a profitable coin to mine, *especially* if you already have the HDDs. Btw, there are NO other coins like this one Wink

0.011/day is GOOD profit.

But the point is: this coin is not about profit, this coin is about innovation. Most of the time, profit follows innovation.
The rule of the thumb is: don't invest more than you can afford to loose.

Quote from: Hamuki on October 29, 2014, 07:13:31 AM

This is a school project and we wanna do this aslong as its not going to be a loss..

Yeah, like in the real world people actually want to loose money...

ivanf

newbie

Activity: 15

Merit: 0

Quote from: Hamuki on October 29, 2014, 07:13:31 AM

What is your suggestions?
This is a school project and we wanna do this aslong as its not going to be a loss..

Why not holding the mined coins until they cost much much higher? Power consumption is minimal, hdds lifespan (if configured properly) shouldn't shorten much.

bobafett

hero member

Activity: 619

Merit: 500

Quote from: Hamuki on October 29, 2014, 07:13:31 AM

Is it worth getting into this kind of mining?

Because it looks like value isnt that high.

I have 27x 1TB harddrives and people around me are currious about this kind of mining..

But we dont want to be mining at a loss..

We know that if we started now we could make 0.011 BTC a day.

What is your suggestions?
This is a school project and we wanna do this aslong as its not going to be a loss..

Or is there maybe other coins like this one that I can mine instead and make a little more money on so it will last longer..?

~Hamuki

funny that you ask this in this thread. i think you will get here only one answer: start mining now! Grin

Hamuki

legendary

Activity: 1022

Merit: 1000

Is it worth getting into this kind of mining?

Because it looks like value isnt that high.

I have 27x 1TB harddrives and people around me are currious about this kind of mining..

But we dont want to be mining at a loss..

We know that if we started now we could make 0.011 BTC a day.

What is your suggestions?
This is a school project and we wanna do this aslong as its not going to be a loss..

Or is there maybe other coins like this one that I can mine instead and make a little more money on so it will last longer..?

~Hamuki

abctc

legendary

Activity: 1792

Merit: 1038

Quote from: Nevril on October 29, 2014, 04:46:24 AM

Quick question about the Burst Asset Exchange:
Once a new Asset is issued is there a way to increase the total amount of shares at a later time?

- of course not, that will be a dilution of the stakeholder's assets. The only way is to issue the new asset.

mercyground

newbie

Activity: 20

Merit: 0

Quote from: majere on October 28, 2014, 11:27:03 AM

A simpler diagram for non-techies. Grin

The image is in public domain. Author's wallet: BURST-6MZ2-6MH9-U5AX-FNMJX

http://i61.tinypic.com/2rw5n5t.png

Good job, but what I personally don't like is that it kinda sounds like product advertising.

"Other coins suck, Burst rocks". Yeah, burst does rock, but the issue here is not that the ALL "other" coins suck, but POW coins do, because they are are not eco-friendly. What about POS? Pure proof-of-stake coins are even more eco-friendly than POC (because no plotting is involved). Won't you consider changing "Other coins" to "POW coins (bitcoin-like)" ...?

Nevril

member

Activity: 108

Merit: 10

Quick question about the Burst Asset Exchange:

Once a new Asset is issued is there a way to increase the total amount of shares at a later time?

abctc

legendary

Activity: 1792

Merit: 1038

The owners of 1000Burst asset at Nxt Asset Exchange - please withdraw your BURST coins from Burst gateway with 5% interest (5% more BURST coins).

Just transfer your 1000BURST assets (not less than 1 asset) to the issuing account (NXT-VVTV-U25N-U2FY-2V35H) and in the attached message place your BURST address (in alpha-numeric format, like BURST-MCHC-LBKK-ZLZY-C3XL5).

Quote from: abctc on September 20, 2014, 01:27:59 PM

Those, who has 1000Burst assets at Nxt Asset Gateway and did not sellback at 50 NXT, please withdraw your BURST coins from Burst gateway with 5% interest.

ivanf

newbie

Activity: 15

Merit: 0

Quote from: IncludeBeer on October 29, 2014, 12:02:31 AM

Quote from: grouper fish on October 28, 2014, 10:28:23 PM

How are external drives for mining?

I was thinking about getting a external 4tb drive with usb 3.

My main concerns are heat and the lifespan of the drive. It's a bit more expensive but I dont have any more room inside of my computer and not too eager to change the power supply..

Most people are probably using external drives. I have a few 4tb external usb 3.0 and they've been doing well for me. If you can, stick to usb 3.0, but usb 2.0 will work also, probably just a ~5% decrease performance.

Once you're done plotting, make sure to use dcct's optimizer to max out the stagger for each plot file. This will drastically reduce the stress on your drives.

USB2 - ~40 mb/s, too slow for large HDDs. Works well for ~1-1.5Tb
USB3 hdd - 160 mb/s and more

To extend HDD lifespan it's important to disable sleep. If it spins down every block it will die fast. This can be done programmatically for some models or using a hack, for example by writing a file to HDD periodically.

A simple USB fan works well for cooling down external HDDs btw.

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Quote from: grouper fish on October 28, 2014, 10:28:23 PM

How are external drives for mining?

I was thinking about getting a external 4tb drive with usb 3.

My main concerns are heat and the lifespan of the drive. It's a bit more expensive but I dont have any more room inside of my computer and not too eager to change the power supply..

Most people are probably using external drives. I have a few 4tb external usb 3.0 and they've been doing well for me. If you can, stick to usb 3.0, but usb 2.0 will work also, probably just a ~5% decrease performance.

Once you're done plotting, make sure to use dcct's optimizer to max out the stagger for each plot file. This will drastically reduce the stress on your drives.

Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 609. (Read 2171065 times)