Guys,
Do your own research before you get carried away with "potential" profits from BURST
The new "fork" seems completely and still favours large scale miner / investors from what i can see....
Using this
https://www.signum.network/calculator.htmlIf i have 100TB, AND pledge 500 Burst per TB as suggested, which means i have to spend around 10 x $190 (newegg 10TB ext HDD) = $1900 and 500 Burst x 100TB = 50,000 BURST in pledges (so another $290),
so thats $2190 and in return i will get just over 57 BURST or $0.33 per DAY
Now my maths could be way off, like i say do your own research...perhaps the calculator is wrong (don't be fooled by the commitment slider, when your enter your TB above, even thou commitment says ZERO, it is apply a considerable figure....move it up and back down to ZERO, you will see)
Unfortunately, i cannot see how BURST is ever going to be worth while mining again...IT WAS VERY PROFITABLE 3-4 years ago....but now, unless you have a spare 1PB system, with free power, i can't get the numbers to add up...
Also, in its heyday it was on many exchanges, over 15 i believe, now i think it is down to just 2.....
If anyone really wants to mine a POC coin, may i suggest they simply clone the original BURST, and use it to create a NEW COIN, with no pools for as long as possible. That way with the exeptionally low starting difficulty, PERHAPS small miners will stand a slight change of getting some coin.
In its current format, and proposed fork, i see zero point in any small miner trying any current POC coin
oh, one last thing, don't be fooled by the "energy efficient mining".
The plotting is incredibly intensive, and takes hours to days to weeks, depending on plot size and hardware (esp with SMR drives where 8TB can take 3 weeks) So that is very power intensive, and YES the plots only get scanned once every 4minutes or so...BUT i fould if the disks are continuosly powring down, and then having to power up every 3-4 mins, especially when you have say 10 internal drive, it puts huge stress on the disks motor (so they last no time at all) and quite often unless you stagger the start-up spins, you screw you power supply.... so you end up for relabilitys sake turning off the sleep and power saving modes, so they you have 10 x 10TB drives spinning 24/7, great for releabilty, but check your power consumption.....
On that note, IF the figures work for you, give it a go, i certainly found it fun 4 years ago.....but then again BTC mining was also fun 10years ago....