HDD mining aside from storjcoin and burstcoin?

dasgardo87

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Quote from: vandres on February 22, 2017, 07:59:57 PM

At these rates, I'd prefer buy and hold. WAVES, SC, MAID and many others are coins from very solid projects.

Also, there are very awesome projects at preico stage. Take æternity, it's one of the more promising projects and they are just launching the campaign for march 31. It's like having again the opportunity to buy btc back in 2010.

3 that you said are POS, which are more like Ponzi of Scheme to me, it's not hard to see why their price are so stabilize because only few person who own this and unlike other type coin this POS actually doing nothing but collecting dust in their owner wallet. for me no matter how high any alt coin but if it's non mineable or majority are not by mining then it's A BIG NO NO

vandres

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Activity: 158

Merit: 12

UniFox

At these rates, I'd prefer buy and hold. WAVES, SC, MAID and many others are coins from very solid projects.

Also, there are very awesome projects at preico stage. Take æternity, it's one of the more promising projects and they are just launching the campaign for march 31. It's like having again the opportunity to buy btc back in 2010.

jekjekman

sr. member

Activity: 378

Merit: 250

Quote from: Amph on February 15, 2017, 09:09:04 AM

Quote from: CryptoDude2727 on February 15, 2017, 08:36:58 AM

Quote from: Amph on February 15, 2017, 04:17:34 AM

Quote from: CryptoDude2727 on February 13, 2017, 03:21:20 PM

Quote from: Carmen_Sandiego on February 13, 2017, 10:37:17 AM

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

It depends on your individual situation...if you're looking to mine and dump or looking to hold if you think BURST is going up (I do).

Personally I had about 12 TB available already, my computers are already on 24/7 anyway...it's as close to free money as you get for me. About 4 months of mining and I'm at about 100k BURST (I'm holding).

that would give you less than 0.02 per month after electricity but i suspect the calculator online is wrong so it's actually less, therefore you are not making an amount that different from a faucet...

Not sure how you're doing your math but it's 12 TB not GB in my example...which has yielded about 100k BURST in a little less than 4 months. At current rates that's over $80.

well i was right, $80 in 4 months is exactly $20 in 1 month = 0.02...

No my friend you are wrong, and the calculator too because his profit is for 5 months when you use the calculator.

CryptoDude2727

sr. member

Activity: 279

Merit: 250

Quote from: Amph on February 15, 2017, 10:15:54 AM

Quote from: CryptoDude2727 on February 15, 2017, 09:52:41 AM

Quote from: Amph on February 15, 2017, 09:09:04 AM

Quote from: CryptoDude2727 on February 15, 2017, 08:36:58 AM

Quote from: Amph on February 15, 2017, 04:17:34 AM

Quote from: CryptoDude2727 on February 13, 2017, 03:21:20 PM

Quote from: Carmen_Sandiego on February 13, 2017, 10:37:17 AM

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

It depends on your individual situation...if you're looking to mine and dump or looking to hold if you think BURST is going up (I do).

Personally I had about 12 TB available already, my computers are already on 24/7 anyway...it's as close to free money as you get for me. About 4 months of mining and I'm at about 100k BURST (I'm holding).

that would give you less than 0.02 per month after electricity but i suspect the calculator online is wrong so it's actually less, therefore you are not making an amount that different from a faucet...

Not sure how you're doing your math but it's 12 TB not GB in my example...which has yielded about 100k BURST in a little less than 4 months. At current rates that's over $80.

well i was right, $80 in 4 months is exactly $20 in 1 month = 0.02...

I guess I'm not following what you're saying then. .02 is 2 cents usd?

we are in bitcoin forum i only refer to bitcoin here, with 0.02 i mean 0.02 btc of course

Ah...I'm always thinking usd more than btc.

Amph

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Activity: 3206

Merit: 1069

Quote from: CryptoDude2727 on February 15, 2017, 09:52:41 AM

Quote from: Amph on February 15, 2017, 09:09:04 AM

Quote from: CryptoDude2727 on February 15, 2017, 08:36:58 AM

Quote from: Amph on February 15, 2017, 04:17:34 AM

Quote from: CryptoDude2727 on February 13, 2017, 03:21:20 PM

Quote from: Carmen_Sandiego on February 13, 2017, 10:37:17 AM

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

It depends on your individual situation...if you're looking to mine and dump or looking to hold if you think BURST is going up (I do).

Personally I had about 12 TB available already, my computers are already on 24/7 anyway...it's as close to free money as you get for me. About 4 months of mining and I'm at about 100k BURST (I'm holding).

that would give you less than 0.02 per month after electricity but i suspect the calculator online is wrong so it's actually less, therefore you are not making an amount that different from a faucet...

Not sure how you're doing your math but it's 12 TB not GB in my example...which has yielded about 100k BURST in a little less than 4 months. At current rates that's over $80.

well i was right, $80 in 4 months is exactly $20 in 1 month = 0.02...

I guess I'm not following what you're saying then. .02 is 2 cents usd?

we are in bitcoin forum i only refer to bitcoin here, with 0.02 i mean 0.02 btc of course

CryptoDude2727

sr. member

Activity: 279

Merit: 250

Quote from: Amph on February 15, 2017, 09:09:04 AM

Quote from: CryptoDude2727 on February 15, 2017, 08:36:58 AM

Quote from: Amph on February 15, 2017, 04:17:34 AM

Quote from: CryptoDude2727 on February 13, 2017, 03:21:20 PM

Quote from: Carmen_Sandiego on February 13, 2017, 10:37:17 AM

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

It depends on your individual situation...if you're looking to mine and dump or looking to hold if you think BURST is going up (I do).

Personally I had about 12 TB available already, my computers are already on 24/7 anyway...it's as close to free money as you get for me. About 4 months of mining and I'm at about 100k BURST (I'm holding).

that would give you less than 0.02 per month after electricity but i suspect the calculator online is wrong so it's actually less, therefore you are not making an amount that different from a faucet...

Not sure how you're doing your math but it's 12 TB not GB in my example...which has yielded about 100k BURST in a little less than 4 months. At current rates that's over $80.

well i was right, $80 in 4 months is exactly $20 in 1 month = 0.02...

I guess I'm not following what you're saying then. .02 is 2 cents usd?

Amph

legendary

Activity: 3206

Merit: 1069

Quote from: CryptoDude2727 on February 15, 2017, 08:36:58 AM

Quote from: Amph on February 15, 2017, 04:17:34 AM

Quote from: CryptoDude2727 on February 13, 2017, 03:21:20 PM

Quote from: Carmen_Sandiego on February 13, 2017, 10:37:17 AM

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

It depends on your individual situation...if you're looking to mine and dump or looking to hold if you think BURST is going up (I do).

Personally I had about 12 TB available already, my computers are already on 24/7 anyway...it's as close to free money as you get for me. About 4 months of mining and I'm at about 100k BURST (I'm holding).

that would give you less than 0.02 per month after electricity but i suspect the calculator online is wrong so it's actually less, therefore you are not making an amount that different from a faucet...

Not sure how you're doing your math but it's 12 TB not GB in my example...which has yielded about 100k BURST in a little less than 4 months. At current rates that's over $80.

well i was right, $80 in 4 months is exactly $20 in 1 month = 0.02...

CryptoDude2727

sr. member

Activity: 279

Merit: 250

Quote from: Amph on February 15, 2017, 04:17:34 AM

Quote from: CryptoDude2727 on February 13, 2017, 03:21:20 PM

Quote from: Carmen_Sandiego on February 13, 2017, 10:37:17 AM

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

It depends on your individual situation...if you're looking to mine and dump or looking to hold if you think BURST is going up (I do).

Personally I had about 12 TB available already, my computers are already on 24/7 anyway...it's as close to free money as you get for me. About 4 months of mining and I'm at about 100k BURST (I'm holding).

that would give you less than 0.02 per month after electricity but i suspect the calculator online is wrong so it's actually less, therefore you are not making an amount that different from a faucet...

Not sure how you're doing your math but it's 12 TB not GB in my example...which has yielded about 100k BURST in a little less than 4 months. At current rates that's over $80.

Amph

legendary

Activity: 3206

Merit: 1069

Quote from: CryptoDude2727 on February 13, 2017, 03:21:20 PM

Quote from: Carmen_Sandiego on February 13, 2017, 10:37:17 AM

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

It depends on your individual situation...if you're looking to mine and dump or looking to hold if you think BURST is going up (I do).

Personally I had about 12 TB available already, my computers are already on 24/7 anyway...it's as close to free money as you get for me. About 4 months of mining and I'm at about 100k BURST (I'm holding).

that would give you less than 0.02 per month after electricity but i suspect the calculator online is wrong so it's actually less, therefore you are not making an amount that different from a faucet...

QuintLeo

legendary

Activity: 1498

Merit: 1030

Same reason I've got about 8 TB running Burst - already had the drives, they weren't doing anything else, and the CPUs in those machines are underutilised.

CryptoDude2727

sr. member

Activity: 279

Merit: 250

Quote from: Carmen_Sandiego on February 13, 2017, 10:37:17 AM

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

It depends on your individual situation...if you're looking to mine and dump or looking to hold if you think BURST is going up (I do).

Personally I had about 12 TB available already, my computers are already on 24/7 anyway...it's as close to free money as you get for me. About 4 months of mining and I'm at about 100k BURST (I'm holding).

Carmen_Sandiego

sr. member

Activity: 399

Merit: 250

I think it might be a good way to mine for people who already have good devices, but I'm not sure if it would be worth investing in equipment to mine it. I would like to hear feedback on this, and with regard to electricity costs. Is anyone getting good results?

CryptoDude2727

sr. member

Activity: 279

Merit: 250

Quote from: alucard20724 on February 13, 2017, 01:42:36 AM

Quote from: QuintLeo on February 12, 2017, 10:47:10 PM

HDD data speeds matter a little, but is probably only a significant factor on large arrays or if you're using old PATA interface drives.
I suspect that what you're using to process the blocks (CPU or GPU) is quite a bit more of a factor especially if you optimised your plots.

Also, you're not using all THAT much internet bandwidth - plotting uses NO bandwidth at all, and I'm pretty sure that even the "found good plots" don't send a TON of data. Definitely not even in the ballpark of 1 TB per block.

I was probably talking out my rear. I haven't really looked into either of these coins that much, but from what i do understand, it's just storage. The drives themselves don't calculate anything, basically you're just allowing your unused harddrive space to be "rented" in a global cloud, but the hard drives themselves don't nor can they do any type of calculations. it's just peer-to-peer storage. HDD speeds matter on your system or a business that specializes in storage and has bandwidth to back it up where they have millions of request from various users. But the average home user doesn't have the bandwidth... i can't believe i said average user... no one in these forums are average users.. Roll Eyes

What you're describing is STORJ I think. BURST has its own blockchain and is true HDD mining. The storage aspect for BURST is potentially in the future.

alucard20724

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Activity: 703

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Quote from: QuintLeo on February 12, 2017, 10:47:10 PM

HDD data speeds matter a little, but is probably only a significant factor on large arrays or if you're using old PATA interface drives.
I suspect that what you're using to process the blocks (CPU or GPU) is quite a bit more of a factor especially if you optimised your plots.

Also, you're not using all THAT much internet bandwidth - plotting uses NO bandwidth at all, and I'm pretty sure that even the "found good plots" don't send a TON of data. Definitely not even in the ballpark of 1 TB per block.

I was probably talking out my rear. I haven't really looked into either of these coins that much, but from what i do understand, it's just storage. The drives themselves don't calculate anything, basically you're just allowing your unused harddrive space to be "rented" in a global cloud, but the hard drives themselves don't nor can they do any type of calculations. it's just peer-to-peer storage. HDD speeds matter on your system or a business that specializes in storage and has bandwidth to back it up where they have millions of request from various users. But the average home user doesn't have the bandwidth... i can't believe i said average user... no one in these forums are average users.. Roll Eyes

QuintLeo

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Activity: 1498

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HDD data speeds matter a little, but is probably only a significant factor on large arrays or if you're using old PATA interface drives.
I suspect that what you're using to process the blocks (CPU or GPU) is quite a bit more of a factor especially if you optimised your plots.

Also, you're not using all THAT much internet bandwidth - plotting uses NO bandwidth at all, and I'm pretty sure that even the "found good plots" don't send a TON of data. Definitely not even in the ballpark of 1 TB per block.

alucard20724

sr. member

Activity: 703

Merit: 272

Quote from: Amph on December 20, 2016, 06:18:02 AM

Quote from: shield132 on December 20, 2016, 06:02:55 AM

What? Is there a possibility of HDD mining? I didn't know about that and also at the same time I have 50TB space for hosting server. Also is there a difference between mining by SATA HDD and SSD? SSD are way much faster and maybe size doesn't matter here.
Also anyone which is experiensed, are you mining by servers? And how much profitable is it with 0.08$ electricity cost.

only size matter thus ssd are useless for this kind of mining, they really should do a coin with hdd based on speed, to make ssd relevant

It really doesn't matter based upon hdd speed because its going to be your internet speed that will be the limiting factor.

Amph

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Activity: 3206

Merit: 1069

Quote from: dasgardo87 on February 12, 2017, 12:24:33 PM

hi guys, i just wonder why no one talk about internet cost? i mean if i allocate 1tb hd to mining then i will download 1tb of data right? it will be so expensive if compare it with electricity or hdd price ... or i miss something here?

internet is basically at fixed rate per month, doesn't matter how much you download

dasgardo87

full member

Activity: 235

Merit: 100

hi guys, i just wonder why no one talk about internet cost? i mean if i allocate 1tb hd to mining then i will download 1tb of data right? it will be so expensive if compare it with electricity or hdd price ... or i miss something here?

QuintLeo

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Quote from: n3rvi0zz0 on December 17, 2016, 07:35:57 AM

My advice earn bitcoin doing micro-tasks or wherever you gonna waste 500$ on ssd and you will mine 75$ dollars worth of it

Why ASSume use of SSDs?

Normal hard drives work a LOT better for mass storage - and coins like Burst.

Why worry about "make SSDs relevant" - they have their niches already where their much higher cost/B is a fair trade for their performance.

Show me a link to 2TB on a $60 external - I've seen internals in that price range or better on sale at NewEgg sometimes, but not externals.

There is a burstcoin calculator, but I don't have the site link handy. Off the top of my head, 12 TB would earn ballpark $12-$14 a month at recent burst difficulty and pricing.

Amph

legendary

Activity: 3206

Merit: 1069

Quote from: shield132 on December 20, 2016, 06:02:55 AM

What? Is there a possibility of HDD mining? I didn't know about that and also at the same time I have 50TB space for hosting server. Also is there a difference between mining by SATA HDD and SSD? SSD are way much faster and maybe size doesn't matter here.
Also anyone which is experiensed, are you mining by servers? And how much profitable is it with 0.08$ electricity cost.

only size matter thus ssd are useless for this kind of mining, they really should do a coin with hdd based on speed, to make ssd relevant

Topic: HDD mining aside from storjcoin and burstcoin? (Read 8663 times)