Topic: Burstcoin [BURST] Price Speculation - page 8. (Read 24236 times)

Thanks for the update crowetic.
I really like this project. We need people thinking about topics like low-energy mining if we want to advance crypto.
There are so many topics to be explored in this field. Bitcoin is only the beginning of what is possible.

Sounds like you got a bad hard drive.  I've been mining 12 TB 24/7 for about the last 4 months...100k coin approximately.  Not a single hiccup.

You're going to kill your hard drive mining burst. I burned out 2 external 1TB drives, good thing they were under warranty.

After that I stopped mining burst since you're mining pennies unless you invest in 60TB or more. Its just not worth it, cheaper to buy the coins outright.

Sounds great.  Thanks. 

I have told everyone that I will not be doing any more pre-announcements. But There is a video that I did recently with mention of a few new platforms that I am having built now, that are almost complete.


There is much more, that I will mention more when it gets closer. But it's going to make people very pleased, I'm sure.


I've also got some very big partnerships that I'm forming, and new assets coming to the market, which will have not only a solid return, but also a price-supporting mechanism by default.

New features in the wallet, new sites with exploration for assets, statistics for assets, and a new site that has that and more for specific assets.


Promotional campaigns, and more how-to videos, and simpler interfaces are also on the list of things that are being done now. I will post more information when other things are finalized and being started.

Yes please post any links/ news if you have them.
I've been accumulating BURST when I can, buying on exchange and have a small mining setup running.
It is a well-developed project for a coin with such a low price. Definitely worth investing a few dollars IMHO.

Care to be more specific on what's coming in 2017? 

Thought I'd revive this thread a bit, because there are some interesting things coming for BURST, which I think will make people very happy.


What does everyone think about BURST in 2017, I for one, though biased, am very positive

Burst for me is a big discovery,I have been to to many altcoins but I'm not mining any of them via pow all my coins are pos algos but the discovery of Burst made me want to mine I'm planning to set up my mining rigs,it's not actually complicated because you're going only to use your hard drive to mine Burst.

Wow Burst up almost 15% right now!
(Not even taking into account the rise in price of BTC.)
Any news/ developments?

Any update when the Android mining function will be officially rolled out? 

Let the time make its work, for the moment dad is angry, so no one would take more market share

Crowetic -  the HDD mining seems like such a unique/user friendly feature.  Why do you think BURST hasn't captured a bigger market share to date?  

the way I usually tell people to start out, is by using free space they already have. So instead of the space sitting there doing nothing, it starts bringing some coin in for ya. At this point you're not spending anything out of pocket to get started, and just starting out already mining at a profit.

Of course, once someone does this, they will usually find the addictive nature of hard drive low powered mining, and decide to purchase some further drives... at which point I'd say, 'well, the other great things are: there's great resell value in hard drives so if you decided you wanted to stop, you can without worrying about any losses, and BURST algo uses the drives less intensely than simply using them for storage, so you can mine for a year, then sell the hardware for slightly less than you paid, if you get a good deal, I've seen it where you can literally buy drives, mine for two years, then sell the drives at the same price.'

Yes, I've actually done this when getting good prices on hardware in lots or whatever...

Now, compare this to ASIC miners... purchasing hardware, worrying about difficulty and new hardware coming out, using it for the only purpose it can ever have, then hoping to hit ROI and be able to sell them at less than 1/8 of what you paid only 6 months ago...

There's no comparison. Just a thought. but yea, I may be a bit biased. Though I challenge anyone to prove me wrong!

I meant what's the break even price for people mining with their hard drive

break even point is when you got reveneu in equal amount with the capital you spend
https://en.wikipedia.org/wiki/Break-even_(economics)

What's the break even point ? do we have website with those data?

Surely it will rise allow with the difficulty in proportion ? Anything over is money made. It looks like not a going to take longer and longer to reach break even point. Is was at one stage only 8 months now its heading to a year or probably over. I still think for the long term it is a good investment though.

and it will make some changes to investors prospective i guess we just needed to make more advertisement about this coin and allow the community to know more about it price will be easily to pump up because a lots of things can be offer regarding to its uses so its really just need good help coming from its community.

Burst price soon will climb to the moon
The community is very friendly and solid, check it out here http://forum.burst-team.us/