Topic: Burst Vs Storj Sept 2017 (Read 2011 times)

Dude... Awaiting your feedback on STORJ.

BURST bandwidth usage isn't all that high - you're only accessing something like 1/2048 of your "plotted" space on any given block as I recall, and that's LOCAL access only.

 Plotting tends to be slow, especially if you do "optimised plots" for higher read speeds when mining (RECOMMENDED) - there is a GPU plotter but I was never able to get it to work, CPU plotting with my Ryzen 1700 runs about 16k-17k nonces/sec if I'm not doing anything else on the machine (my older FX 8xxx series only managed about 7K, for comparison).

 Folks talk about the Seagate Archive drives having a very low write speed, but in my experience with them that ONLY happens after you've already written a lot of data to the drive and have to REWRITE data over the existing "deleted" data space - on a CLEAN drive the Archives manage the same 140-150 MBytes/sec that my Compute drive does (all are 8TB models) - plot to a "never before used Archive" goes JUST as fast as plot to a Compute.

did you ever try it??

I may try it tonight myself thats why im asking

Preparation for burst mining could be a bit painful, as we have to plot all the hdd space. Just need some time to let it process, faster cpu will help a lot.

i havent tried burst yet, prolly today since im bored
but with storj it seems to need a lot of bandwidth to fill fast
not really quite sure how much data it used the first month but i had almost 500gb within the first week
i have since limited them to 50k up so my ISP doesnt cancel on me
and with a new 1Tb share i havent gone over 100GB in 3 weeks
 

You're right, Storj does not pay if your contributed hdd space does not use. So, burst should be the better choice.

I am trying storj with one 8TB hdd but it is filled under 1%. It is hard to make some money here.

GTX 1080 hasn't made $3 a day gross for a month or so on a reliable basis no matter WHAT you are doing on it. 2 months ago, MAYBE if you were doing merged folding.

GTX 1080ti has been very close to that even the last few days, with proper tuning for max hashrate instead of tuning it for max efficiency (which costs net income if you are in a low electric cost area like where I am at).
https://whattomine.com/coins?utf8=%E2%9C%93&adapt_q_280x=3&adapt_q_380=0&adapt_q_fury=0&adapt_q_470=02&adapt_q_480=0&adapt_q_570=0&adapt_q_580=0&adapt_q_750Ti=0&adapt_q_10606=0&adapt_q_1070=19&adapt_q_1080=6&adapt_q_1080Ti=1ð=true&factor%5Beth_hr%5D=35.0&factor%5Beth_p%5D=140.0&grof=true&factor%5Bgro_hr%5D=58.0&factor%5Bgro_p%5D=210.0&x11gf=true&factor%5Bx11g_hr%5D=19.5&factor%5Bx11g_p%5D=170.0&cn=true&factor%5Bcn_hr%5D=830.0&factor%5Bcn_p%5D=140.0&eq=true&factor%5Beq_hr%5D=760.0&factor%5Beq_p%5D=190.0&lre=true&factor%5Blrev2_hr%5D=64000.0&factor%5Blrev2_p%5D=190.0&ns=true&factor%5Bns_hr%5D=1400.0&factor%5Bns_p%5D=190.0&lbry=true&factor%5Blbry_hr%5D=460.0&factor%5Blbry_p%5D=190.0&bk2bf=true&factor%5Bbk2b_hr%5D=2800.0&factor%5Bbk2b_p%5D=190.0&bk14=true&factor%5Bbk14_hr%5D=4350.0&factor%5Bbk14_p%5D=210.0&pas=true&factor%5Bpas_hr%5D=1700.0&factor%5Bpas_p%5D=210.0&skh=true&factor%5Bskh_hr%5D=47.5&factor%5Bskh_p%5D=190.0&factor%5Bl2z_hr%5D=420.0&factor%5Bl2z_p%5D=300.0&factor%5Bcost%5D=0.046&sort=Profitability24&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=bittrex&dataset=&commit=Calculate

 Shows $3.11 gross and very close to $3 net after electric for yesterday on my Aorus, for a specific example.

 And no, I'm NOT using Nicehash figures for that, I'm using the actual amounts I've earned with the cards on what I've actually been DOING on them (currently ZEC mining).

 HDD mining is profitable - just that the profit level is VERY LOW compared to the investment vs GPU mining, unless you only do HDD mining on HDs you were going to get ANYWAY for new rigs so that the actual investment cost is low or zero.

 If you are in an area where electric cost is in the 20 cent/kwh or higher (large parts of all of California by report, for example), HDD mining might be your ONLY profitable option and has a much higher probability of being your highest return per $ invested option even if GPU mining IS profitable.

Oh come on. What 3$/day are you talking about? With HDD you don't have many options. Burst, Storj, Sia ... that's all we have at the moment. The only "profitable" is Burst if ROI of 2+ years can be called profitable.
With GPU you can mine everything you like. 3$ days make 1080 not 1080ti. There are of course people who mine at nicehash ... ok let them mine.
At the moment HDD mining is completely unprofitable.

 I didn't say it was comparable - you're arguing MY case that it's not - unless you have a VERY HIGH electric cost that makes GPU mining prohibitively low on profitability.


 With that said, the nitpicking 9-)

 You DID forget to factor in the electric usage of the hard drives, 120 TB of Seagate Externals = 16 drives (they FORMAT to 7.27 GB not to 8GB on both the Archive "Backup" version and on the Compute "Expansion" version) probably average 8-10 watts each (peak usage is about 12 watts per drive as I recall the specs but they're not accessing most of the time which will drop that - but the platters keep spinning which uses a lot of the power they consume on 12VDC).
 128 watts at MY power cost however is only pennies a day - but it IS barely into the double-digit pennies a day - while 160 would still be under a quarter per day FOR ME.

 BURST calculators are notorious for being optimistic, which seems to be due to how the "network TB" figure is calculated.
 Pools seem to only count the "machine that most recently submitted a share to an account" on the total TB of that account, there are times the pool I uses says I have well under 1 TB of hard drive mining when my total is well over 20TB.
 In my exprience, you need to DISCOUNT the "estimated return" any BUST calculator comes up with to a little over HALF, perhaps as high as 60% of it's estimate, to come up with a REAL figure of any accuracy.

 You also should keep in mind that electric COST varies a lot - mine is some of the lowest in the USA, nowhere near the Nicehash 10cents/kwh default - which is a plus for GPU mining where I'm at.
 You probably deducted more for electric usage than I actually have to pay.

 Nicehash also badly underestimates the Equihash (ZEC) hashrate of the GTX 1080 ti at 630 sol/s.
 I'm seeing more like 760-770 right now out of my Aorus on the same EWBF 3.4b miner Nicehash uses in it's recent Legacy versions.
 Oddly enough they DO seem to use 250 watts as the power usage for the card, which is where mine is set at  - a 1080ti pulling 630 sol/s is probably only using 150-180 watts of power.

In fact, 120 TB+ would be 10-20 disks, and power consumption will be close to one graphic card.

i don't see how it's comparable

on http://burstcoincalculator.com/ 32TB are giving only 94 BURST/Day so 0.82$

and if i'm looking on nicehash profiltability calculator:

https://www.nicehash.com/profitability-calculator/nvidia-gtx-1080-ti?e=0.1¤cy=USD

gtx 1080 ti is giving after deducing electricity 2.24$/day

you need at least 120TB to make 3$/day and 8tb cost ~ 200$ so you need 15 disks for a cost of 3000$

it's a lot more expensive than a gtx 1080 ti

i'm missing something ?

Burst coin has been around for quite a while and has already a number of scandals surrounding it, namely one of the main promoters in the core team Adam Gurbuez is a well known con artist from Canada...

Compared to Burst's extremely low standards, Storj should easily be the more reliable choice, although I haven't mined it yet, so looking forward to the profitability updates...

gonna try Storj AND burst today to see real world, I'll keep everyone posted

 With one single exception, that's MY tactic.

 Gotta add the HDs to new rigs anyway, might as well make them big enough to be useful on BURST (at a SMALL increase in cost).


 84 drives in one machine is incredible - even Backblaze only manages 60 on their current Storage Pod design (though they've moved to at least 4 and might be moving to 6 or 8 TB per drive so their total pod CAPACITY is likely a bit higher than yours).

 32 TB of drive is slightly MORE expensive (at NewEgg pricing on the Seagate Externals) than most GTX 1080 ti cards - which pull in close to $3/day each at this point.
 Tradeoff is the ELECTRIC usage of that 1080ti will be in excess of 160 watts and more likely close to 200 watts to achieve that income level, while the 4 hard drives are eating around 50 watts AT PEAK and quite a bit LESS most of the time.


 Up side of those Hitachi (HGST) 2TB is they're likely to last a long time, I'm NOT fond of WD in comparison and I'm VERY not fond of most Seagate models for longevity (I don't have a large data set on Toshiba but the set I DO have has been quite negative, close to Seagate low levels).

I do about $15/day on Burst.  I have 255TB on a single server that scans 84 drives (all on SAS2 backplanes) in 24 seconds, so my deadlines are pretty good.  Its a bit of a power hog though since 60 of those drives are 2TB old school Hitachi 7200 RPM spinners.  The rest are fairly new WD REDs (6 and 8TB).  So yeah, if I hadn't already had about 200TB sitting around doing nothing (backup to my media server), it would probably not be worth it, but as it is, I should easily ROI those new WD REDs in well under a year.

Yes, I agreed. Burst mining is good for gpu mining rig after you have full slots, earn some extra profits from existing mining rig.

I actually got those #'s from the chat on Storj lol

Your calculations are wrong.
30$ per 2Tb is the price for the customer. As I remember 40% of that go to storj and 60% are divided between "miners". There are at least 3 of them to maintain redundancy (i don't remember exactly but I think it is minimum). So in the best case you will receive 20% if 30$ for storage = 6$
The is additional payment for traffic which can increase this but it is just luck to get much downloaded files.

In another words - not worth it at all.

Burst is the same 32Tb for 2 months - 60$ at current prices.
1 gpu which cost was equal to ~16TB made twice of that (at least) aproximately the same time - it is 80$ still on balance but sold around half already.
HDD mining can be done if you have money for long term investment but don't have electricity/space for additional GPUrigs. Just to make some more, rather stable, profit from existing rigs.

 BURST pool payouts are often based on how much you earn - and can sometimes take a week.

 It DOES depend on the pool though - they don't all have the same identical payout rules.