I have mined an 8TB drive for a few days with no payout.
I'm using this pool but have no idea how to check if they have attempted payouts or what I have earned.
http://pool.burst-team.us:8080/
Topic: Is anyone actually turning a profit with BURST mining? (Read 22774 times)
Making more than I spend on electricity everyday, yes. Gonna make back my investment anytime soon, hell no!
I have 62 tb plotted (optimized) an I get about 85-90 BURST per day right now.
I am on a 0-100 pool POC. I tried a 50/50 pool and made less. It took 4 months to find a block.
I have 62 tb plotted (optimized) an I get about 85-90 BURST per day right now.
I am on a 0-100 pool POC. I tried a 50/50 pool and made less. It took 4 months to find a block.
i am a new starter and it is a disappointment for me.
66 tb plot and i get about 50 per day, calculators say 125-150 per day
66 tb plot and i get about 50 per day, calculators say 125-150 per day
This is how I look at it. If you have free power, or pay for a full circuit at a datacenter and have spare capacity and cooling, its a no brainer to use the excess space for this. Also, if you have access to a lot of spare/cheap drives this could be pretty cool. But if you set out to design a business model around buying drives, building rigs and paying for power/cooling infrastructure...you would get a lot more heading down the GPU road, especially if this coin tanks out. Personally I have several 3TB spares in my cloud platform that I'm willing to use for burst until I have need for them, but I'm not going to go out and buy new gear to do it. Just like I use my spare CPU power on my desktop to mine ETN. I'm not going to purposely set out to build a CPU mining farm, but since I have 12 cores (24 threads), I can spare 10 cores for 200h/s on ETN without degrading performance. Add to that spare cores on my R810 cloud gear (4x 10 core processors), and I have a lot of dormant CPU being used to generate some extra cash.
Just my $0.02.
Just my $0.02.
this coin could be great
After seeing what happened to Burst a few months back I completely lost any interest. So many better things to mine and invest in.
Yes, a lot of us were frustrated and pulling our hair out.
However, the issue was quickly identified and a solution was deployed in a matter of days.
It was a tough time, for sure, but we got back on track pretty quickly.
Burst is a great project, but sadly there are no incentives to mine it at the moment. Unless you have a BIG data center sitting unused seems that you would do way better simply buying it.
Yes.. for solo mining I agree, a lot of TB is needed.
However, you can still pool mine and you still use minimal power. In that respect you can make a profit long term.
What will the price be in 5 years?
If it was going to $5/Burst, would you mine now?
It will most certainly rise as all coins have in the coming years.
How many coins we can mine per month using 2 TB HDD, and once it gets full we can format it and reuse or we need to buy a new HDD?
I am not thinking about present price, I am thinking about future. If we mine more coins now, it may help us in future am I right?
As of right now 2TB would bring appx 200/month based on the burst mining calculator.
You just fill the 2TB with plot files and off you go.
You can always delete the plot files whenever you want... no need to buy a new drive.
Keep in mind, 200 a month doesn't sound like a lot.
There also was a time when 200 ltc didn't sound like a lot either
After seeing what happened to Burst a few months back I completely lost any interest. So many better things to mine and invest in.
Burst is a great project, but sadly there are no incentives to mine it at the moment. Unless you have a BIG data center sitting unused seems that you would do way better simply buying it.
Yes.. for solo mining I agree, a lot of TB is needed.
However, you can still pool mine and you still use minimal power. In that respect you can make a profit long term.
What will the price be in 5 years?
If it was going to $5/Burst, would you mine now?
It will most certainly rise as all coins have in the coming years.
How many coins we can mine per month using 2 TB HDD, and once it gets full we can format it and reuse or we need to buy a new HDD?
I am not thinking about present price, I am thinking about future. If we mine more coins now, it may help us in future am I right?
Burst is a great project, but sadly there are no incentives to mine it at the moment. Unless you have a BIG data center sitting unused seems that you would do way better simply buying it.
Yes.. for solo mining I agree, a lot of TB is needed.
However, you can still pool mine and you still use minimal power. In that respect you can make a profit long term.
What will the price be in 5 years?
If it was going to $5/Burst, would you mine now?
It will most certainly rise as all coins have in the coming years.
i think it is dead. The idea itself much worste then new ideas when that space on drives are used somehow and sold for storage reasons.
This coin is far from dead... it's just starting.
I suggest you do a little more research before spreading fud.
Burst is a great project, but sadly there are no incentives to mine it at the moment. Unless you have a BIG data center sitting unused seems that you would do way better simply buying it.
i think it is dead. The idea itself much worste then new ideas when that space on drives are used somehow and sold for storage reasons.
This coin is far from dead... it's just starting.
I suggest you do a little more research before spreading fud.
i think it is dead. The idea itself much worste then new ideas when that space on drives are used somehow and sold for storage reasons.
so it seems it is not good for mining any more?
I new in this, and I have some capacity for this. But if is not worth any more, better not to start?
I new in this, and I have some capacity for this. But if is not worth any more, better not to start?
So I have to allocate loads of storage for mining, but not for the burst coins themselves correct?
I could easily plug up 2TB's into my computer for but unless this has promise to grow in value it doesn't seem like its worth setting up
I could easily plug up 2TB's into my computer for but unless this has promise to grow in value it doesn't seem like its worth setting up
No you don't store the coins on your computer. It does take some time to plot your hard drive but overall I found it very easy. I mine 24/7 and even mine BURST in the background of one of my work computers I use day to day. Have mined about 80,000 coin in about 3 months.
To others. Yes...if your just looking to mine and dump BUSRT the price is not that high today. But I happen to think it's a project with great potential and the price may rise significantly in the future. Just my opinion.
Hi how many TB of space do you have to be making 80,000 coins in three months?
Difficulty have increased a lot in last month. Currently i mine about 8 burst a day per TB.
Almost 1.5 years of roi at $30 per tb. I stopped investing in more hdds at the moment.
So I have to allocate loads of storage for mining, but not for the burst coins themselves correct?
I could easily plug up 2TB's into my computer for but unless this has promise to grow in value it doesn't seem like its worth setting up
I could easily plug up 2TB's into my computer for but unless this has promise to grow in value it doesn't seem like its worth setting up
No you don't store the coins on your computer. It does take some time to plot your hard drive but overall I found it very easy. I mine 24/7 and even mine BURST in the background of one of my work computers I use day to day. Have mined about 80,000 coin in about 3 months.
To others. Yes...if your just looking to mine and dump BUSRT the price is not that high today. But I happen to think it's a project with great potential and the price may rise significantly in the future. Just my opinion.
Hi how many TB of space do you have to be making 80,000 coins in three months?
If you did ride on even or buying or mining BURST since january then you will surely making some serious cash as of now the price has increased just like what OP have been assumed
The total network capacity has ALSO increased a ton since then, leaving profitability more or less flat overall, with a SMALL surge in May and June when the price outpaced capacity increase.
July will be interesting tho 
IMineBlocks on YouTube does a monthly video with his Burstcoin earnings from a 100TB setup:
https://www.youtube.com/watch?v=XtbYN7PUIRI
115TB Plotted Space = 26,802 Burstcoin June 1st -30th 2017
https://www.youtube.com/watch?v=XtbYN7PUIRI
115TB Plotted Space = 26,802 Burstcoin June 1st -30th 2017
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