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Topic: HDD Mining. Bitcoin HD (BHD). Is the future after the merge to ETH 2.0 (Read 291 times)

full member
Activity: 1424
Merit: 225
After the merge people are desperate looking for alternatives so all the scams are resurfacing.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I’m confused as to why this is called Bitcoin HD. Is it a fork of Bitcoin that gave coins to previous holders? This is the only reason the Bitcoin name should be used. Being ignorant and only taking a quick look at the project, if this isn’t a Bitcoin fork it appears to be a typical shitcoin that hijacked the Bitcoin name to try and rip people off to enrich the founder. I hope I’m wrong and that isn’t the case, so where do we claim our free Bitcoin HD?
hero member
Activity: 1036
Merit: 606
Don't know why all the negativity against HDD mining. Yes, it's taken a huge hit in profitability along with everything else in Crypto but development continues. Obviously with the bear market I probably wouldn't run out a spend thousands on a new system, but the goal of Chia at least has been for people wanting to participate, to be able to start with spare capacity they already have. I got in pretty early on Chia using a high end system I was planning to build anyway. Luckily I was able to recoup about a third of my total cost before the market tanked. I repurposed one of my 18TB drives I used for plots but continue to run the farmer solo. Today I managed to farm two blocks in one day with only 56 TiB of plots.

Once the market recovers as it always does, with ETH moving to POS and the focus on green mining, coins like Chia will be in a good position for the next bull run. The development team continues improvements to build the community. If i've learned anything from mining since 2014, it's that miners that are focused on the long term and are able to continue to mine during bear markets are the ones that do best.


legendary
Activity: 1834
Merit: 1131
It seems to me that this project has been dead for a long time.
Mining BHD on HDD and SSD: setup and wallet
https://www.bitcoinminershashrate.com/mining-bhd-on-hdd-and-ssd-setup-and-wallet/
Developer Github without activity
https://github.com/JohnnyFFM
It is very doubtful to buy equipment for such projects, maybe it is better to buy a coin?
legendary
Activity: 2366
Merit: 1408
I got burned by chia real hard. Not falling for that again

Me too, bought SSDs + HDDs + external drives
Lost money, time and now sitting at some hardware hard to sell.

It was my second time trying to mine a coin with HDs, I can't ever remember the name of the first coin, but I'll never do this again.
I wish I bought more GPUs instead of HDDs


Yes i also got burned by trying HD mining. It wasnt Chia it was that very first mineable HD coin, forgot the name.

Basically HD were cheap. I bought HD on clearance, used Craiglist, used eBay and then finally got it running and made almost nothing. Then I was stuck with all these HDD that nobody wanted because everybody wanted SDD.

Gave away most of them. Most are collecting dust still. Nobody wants HD these days.

Haha, you, me and lots of people did the same.
When I saw the results of a month mining I regretted.

People buy HDDs quickly and the marketcap of these coins do not follow the grow.
newbie
Activity: 1
Merit: 0
Yes i also got burned by trying HD mining. It wasnt Chia it was that very first mineable HD coin, forgot the name.

Burstcoin, now it's Signum --> signum.network
legendary
Activity: 3808
Merit: 1723
Yes i also got burned by trying HD mining. It wasnt Chia it was that very first mineable HD coin, forgot the name.

Basically HD were cheap. I bought HD on clearance, used Craiglist, used eBay and then finally got it running and made almost nothing. Then I was stuck with all these HDD that nobody wanted because everybody wanted SDD.

Gave away most of them. Most are collecting dust still. Nobody wants HD these days.
copper member
Activity: 421
Merit: 29
I almost went after Chia mining but thank God I don't, but Chia do have a good future and price will appreciate too but it's better to just buy, I will keep mining ethereum classic for now and maybe some day frustrated miners will start leaving the network for us and difficulty will deep dive.

The income from PoW mining on video cards first fell 4 times, and after the ETH 2.0, income fell 5 times again! This means that GPU mining revenue has dropped by 95%.
There has never been such a fall, and in such a situation, only 2 options are possible:
1) a new favorite will appear, on which a large investor will bet and the price of the coin will again be dispersed into the sky.
2) people themselves will find a solution and choose a technology, for example, Bitcoin HD (BHD) and start buying this coin first, and then they will mine using HDD

There is no third way, and the first way is harmful to ordinary people, since a large investor (as was the case with Solana) will again drive the price into the sky and ordinary people who did not understand what was happening lost their money forever.

Against the backdrop of rising prices for electricity and gas around the world, I tend to think that the second option and the path that I wrote are most likely.
copper member
Activity: 421
Merit: 29
A 100TB space mining chia coins gets 30$+ per month this days, this is way bad than gpu mining before the merge happen, yea gpu mining sucks now but chia mining was even more annoying than gpu mining before the merge takes place, how much is 100TB hdd or sdd now do the math.

I've read the Bitcoin HD (BHD) white paper and I think it's not empty words. An alternative to bitcoin PoW has already been found and it is already working. It all depends on the faith and willingness of people to accept this technology. About CHIA, I can say that there are several tens of millions of coins dormant there and these coins will be distributed to investors, so buying CHIA is very dangerous, even for $30. This is a one-sided game.
sr. member
Activity: 952
Merit: 275
A 100TB space mining chia coins gets 30$+ per month this days, this is way bad than gpu mining before the merge happen, yea gpu mining sucks now but chia mining was even more annoying than gpu mining before the merge takes place, how much is 100TB hdd or sdd now do the math.
newbie
Activity: 28
Merit: 22
I almost went after Chia mining but thank God I don't, but Chia do have a good future and price will appreciate too but it's better to just buy, I will keep mining ethereum classic for now and maybe some day frustrated miners will start leaving the network for us and difficulty will deep dive.
copper member
Activity: 421
Merit: 29
I got burned by chia real hard. Not falling for that again

CHIA was initially at the top of its price. It's like bitcoin in the early years immediately began to cost several hundred dollars. If it were the same, then the collapse of Bitcoin would be the same as that of CHIA, but Bitcoin HD (BHD) was already at the top and now it is at the bottom. There are very few coins in circulation, only 6 million, so the risk of buying and getting a loss is very small. The probability of a return to the price of $30 per coin is very high. Everyone is tired of this PoW and even more tired of PoS, where big manipulator companies invest money.
full member
Activity: 258
Merit: 116
I got burned by chia real hard. Not falling for that again
copper member
Activity: 421
Merit: 29
If you read this article carefully, you will understand that this project deserves much more attention than it has received in the last few years.

http://medium.com/bhd-community/mr-bug-and-his-mining-revolution-9d1dbb70cb11


The fact is that now there is very little income from mining and it's time to start learning the fundamentals of each project.
One such project is Bitcoin HD (BHD). The coin is unique. If someone knows Korean, then you can watch these videos:

http://youtube.com/watch?v=FHh5lAx5o3Q
http://youtube.com/watch?v=d916SBET-nE
http://youtube.com/watch?v=n2Mtf8C9784
http://youtube.com/watch?v=V0yrmSQAaWQ
http://youtube.com/watch?v=qCLouoX2-tI
http://youtube.com/watch?v=Yvm2nmCD6Wg
http://youtube.com/watch?v=x-FmgH1UqCM
http://youtube.com/watch?v=YuieWJhA_yI
http://youtube.com/watch?v=DYyKRoQ1gNA

In any case, history teaches that if mining does not generate income, then it is time for investors to buy coins and ensure their price rises.
In this case, everyone studies and determines the coin in which he wants to invest. But among PoW or PoS coins, I no longer want to choose,
I believe in a different technology. Think and tell me what you think about it?
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