stay away from burst. its flawed and can be exploited via NXT exploits.
there is no scalability of the network, and all the people who had any technical understanding and capability had left the project.
the community is split apart and this coin is slowly dying.
id say go for sia and storj/maidsafe
Topic: BURST vs STORJ - page 2. (Read 20238 times)
hi guys if i allocate 10 TB for mining Storj how many it fill for month 1 and 2?
last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though
any help will be appreciated, thank you
last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though
any help will be appreciated, thank you
Hi there!, Storj community member here.
First:
1- max size per node is 8TB, so if you want to rent out 10TB you have to add 2x nodes.
2- You need at least 1-2GB RAM per node.
3- You have to have a "decent" internet connection : Above 1/1Mb symmetrical.
It is vital to properly configure your node so these are the basic instructions we provide to new users:
- Step 1: Synchronize your clock
see https://docs.storj.io/v1.1/docs/storj-share-gui#section-311-ntp-synchronization-for-windows
- Step 2: configure port forwarding
see https://docs.storj.io/v1.1/docs/storj-share-gui#section-332-advanced-configuration
- Step 3: Stop Storj Share, delete the log, start storjshare and upload the new log to #storjshare on rocketchat and to this automatic log checker: ssdynamite.com
To monitor the nodes: https://docs.storj.io/v1.1/docs/nodes-monitoring
To check the logs: https://docs.storj.io/v1.1/docs/log-checking-tools
You payout depends on how well your node is configured and how much data you upload/download, which is of course directly related with how much renters are uploading, some days may be busy, and some not so much, it varies.
Here is the payout formula section: https://docs.storj.io/v1.1/docs/storj-share-gui#section-8-payments
Please consider joining our community at https://community.storj.io for more direct assistance.
cheers,
Meije
hi guys if i allocate 10 TB for mining Storj how many it fill for month 1 and 2?
last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though
any help will be appreciated, thank you
last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though
any help will be appreciated, thank you
Depends. There's no timeframe specified, depends entirely on how much of the offers you win.
hi guys if i allocate 10 TB for mining Storj how many it fill for month 1 and 2?
last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though
any help will be appreciated, thank you
last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though
any help will be appreciated, thank you
Hi guys, is it really okay to mine burst while im also mining eth in the same rig at the same time?
I'd try to gpu mine eth and siacoin, while the hdds mine burst
Hi guys, is it really okay to mine burst while im also mining eth in the same rig at the same time?
Yes you can do dual mining and since eth is in GPU while maximizing the usage of your rig with HDD for burst coin.But make sure your rig can attain to do dual mining, check out your specs and watch out for your bill.
Hi guys, is it really okay to mine burst while im also mining eth in the same rig at the same time?
Burst market is saturated !
Hello friends. What do you think, what to choose now?
- BURST
- STORJ
- Sia
- BURST
- STORJ
- Sia
the good side of burst is that you can use every hdd/ssd you have, even with realocated or bad blocks or ready to fail ( smart problem ) disks
as long as you can read from it, it generate Burst with no penalty
the other 2 you need to run over raid1 ( mirror ) if you don't want to lose money
with 18Tb on Burst for 1 mounth I have 17000 bursts
you can do the math with currect price
as long as you can read from it, it generate Burst with no penalty
the other 2 you need to run over raid1 ( mirror ) if you don't want to lose money
with 18Tb on Burst for 1 mounth I have 17000 bursts
you can do the math with currect price
It's kind of pointless to me to halve your disk space on the off chance that a drive might fail.
And you can use multiple smaller drives in Storj with whatever size you want so if a drive fails not everything is ruined.
the good side of burst is that you can use every hdd/ssd you have, even with realocated or bad blocks or ready to fail ( smart problem ) disks
as long as you can read from it, it generate Burst with no penalty
the other 2 you need to run over raid1 ( mirror ) if you don't want to lose money
with 18Tb on Burst for 1 mounth I have 17000 bursts
you can do the math with currect price
as long as you can read from it, it generate Burst with no penalty
the other 2 you need to run over raid1 ( mirror ) if you don't want to lose money
with 18Tb on Burst for 1 mounth I have 17000 bursts
you can do the math with currect price
If you have too much HDD space, it may make sense. Otherwise, HDD mining is not very logical.
Burst or other similar coin prices are very low. It would be more logical to buy and trade directly instead of mining for them.
Burst or other similar coin prices are very low. It would be more logical to buy and trade directly instead of mining for them.
The point is that burst and Storj are currently really really cheap. But if you can accumulate enough and one of those two takes of.. You have a good chance to recover everything. Storj does not block your hdd space until it is needed for storage which is good so while slowly you fill your hdd with storj content you can still use it. Burst needs farming full space rightway so you have to have dedicated space. But some say burst is more profitable. So pick a poison.
If you have spare space that you dont need I would do burst. If you have some space now but might want to keep your files in that space.. go for storj
If you have too much HDD space, it may make sense. Otherwise, HDD mining is not very logical.
Burst or other similar coin prices are very low. It would be more logical to buy and trade directly instead of mining for them.
Burst or other similar coin prices are very low. It would be more logical to buy and trade directly instead of mining for them.
Exactly. If you like the coin invest 15$ in it. It's not much and you will have more coins than what you will get from mining it for about 1-1.5 years. I really wish HDD mining is a viable option
If you have too much HDD space, it may make sense. Otherwise, HDD mining is not very logical.
Burst or other similar coin prices are very low. It would be more logical to buy and trade directly instead of mining for them.
Burst or other similar coin prices are very low. It would be more logical to buy and trade directly instead of mining for them.
Do you truly mine STORJ though? I'm currently mining BURST...been going very well the last 4 more (12TB)....I'm mining to hold and/or potentially invest in BURST assets (creating an even greater roi).
STORJ does not have any profitability calculator that we can use to determine profitability, but if what they told in their blog post is true, BURST would be more profitable to mine than STORJ (if you call 1-2$ per month profitability)
I'm getting $5.50 or so per month over the last three months for 500GB.I don't really understand how is that possible with 500GB. Everything they said and I read online you need about 10TB in order to earn what you are earning now (about 5$ per month)
I have set up 6 TB farm for storj. I tried last month for a few days with 1TB and got paid 32 Storj. I am hoping that next month it will be a much better profit. Storj coins are much less in number compared to burst. Storj has not been going down and they keep updating client regularly. Its more like plug and play type of software. Burst needs creating farms and then farming on it using different client (just a bit more work)
STORJ does not have any profitability calculator that we can use to determine profitability, but if what they told in their blog post is true, BURST would be more profitable to mine than STORJ (if you call 1-2$ per month profitability)
I'm getting $5.50 or so per month over the last three months for 500GB.
1TB has been paying 34-38 SJCX/ month for the last three months. Not much but pays electricity for that tiny file server which is always on anyways.
Latest SJCX payout formula:
http://storj.us8.list-manage1.com/track/click?u=edba9fc4ce8b9095a31859cba&id=ca6a5bedef&e=6c71cf8a5e
Latest SJCX payout formula:
http://storj.us8.list-manage1.com/track/click?u=edba9fc4ce8b9095a31859cba&id=ca6a5bedef&e=6c71cf8a5e
I'd mine burst as the profit potential each month is well defined. Keep in mind you'll need lots of hard drives to make any profit at all; I know people with ~1PB of storage that don't even make too much compared to people that mine with ASICs or GPUs with the same initial investment.
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