How to stay profitable with BURST mining. The hard disks are cheap and the extension of a mining set is just adding new. Mining hardware; What to. Nov 12, 2017 - The question is, i need to get a large mining rig for the comunity we starting, any sugestions i dont know much about hardware so any help is welcome. Get the cheapest used one you can, (avoiding brands with bad reputation) and find a low powered cpu compatible with a motherboard with a ton of SATA ports (or PCI to. Is anyone actually turning a profit with BURST mining? Is anyone actually turning a profit with BURST mining? Most of the drives I found cheap on. BEST HARD DRIVE FOR BURST COIN MINING. These are the cheapest I've found and they are reliable. (old hardware sitting in the closet:p ). 77 rows Best Bitcoin Mining Hardware. Two major factors go into determining the.

Some basics: 1. You can mine solo or in a pool The same result should come out over a long period of time. However, luck is also included, because if you are unlucky and never find a block you will never get paid. The pool has more miners and it is more likely that one of them is lucky and finds a new block. The reward will be shared to the pool participants. There is a small pool fee for operating the pool, which can be ignored. Mining does not come free You need a running computer, you need electricity for the computer and the hard disks and you need Internet.

Each cost a certain amount. Burst mining has the advantage, that a standard computer (or just your desktop) can be used. The hard disks are cheap and the extension of a mining set is just adding new hard disks and USB-3.0 hubs.

How do we calculate the profitability? What size of hard disk space did you offer for Burst mining? Go to and key in your Total Plot Size in GB/TB or PB The Mining Calulator will tell you what you can expect per day That amount you put into the Price Calculator at the right and you will learn your daily income in Euro or US$. A computer uses about 200 W (if you are just mining). During your working time the desktop is already used and you do not need to calculate the power consumption during this time for the computer.

A hard disk uses power rated by 7 W, whereby this would be if the hard disk is permanently used. Since during Burst mining you are only using the hard disk for reading and only for a short time, we can save calculate with 3 W per hard disk. If you use your computer 10 hours for working anyway and keep it running 24 hours, then your power consumption for mining would be: Computer:24-10 = 14 hours 14h x 0.2kW = 2.8kWh with 0.1 US$/kWh, this would give you a power bill of 0.28 US$ Harddisk: 24 hours 24h x 0.003kW = 0.072kWh with 0.1 US$/kWh, this would give you a power bill of 0.0072 US$ hardly noticeable!!! My HOME example: I got 8 hard disks, each 3 or 4 TB, total about 27 TB hard disk space At this writing, it brings about 2.82 US$/day. My computer is running 24 hours anyway, since it is also a server. The power bill for the hard disk is less than 0.06 US$/day, so I can safe say, I make 2.75 US$ per day.

I use this earnings to increase the hard disk space and so earn next months more and more. It takes about 5 days to plot a 4 TB hard disk, therefore my goal is to increase each week one or two 4 TB hard disks. A side benefit: The hard disks are only plotted (written) once. If for any reason Burst mining becomes not profitable anymore, then I still can use the hard disks for storage. I see therefore the investments in the hard disks as investments into the future. If you like the post, share it with your friends and social media (just click the social media buttons at the left side.) If you find this article worthy then share some Bitcoins with me: 1PXWTtyAZ5zjrV1PuGGzrZJoJqeZS34g7d.

Introduction Burst calls itself the “green innovative cryptocurrency.” It’s a network that. Burst Coin is the first cryptocurrency that can be mined with a proof-of-capacity algorithm. With Burst and its Proof-of-Capacity (PoC) algorithm using free disk space instead of energy consuming CPUs and GPUs, mining barely uses more energy than just leaving your computer on. This should appeal to miners who work with little equipment and budget. It seeks to address the “lack of decentralization, waste of energy, unfair releases, supremacy of big miners and corporations” witnessed elsewhere in the crypto world. This should result in a more decentralized network, which prevents the dominance of large mining farms and companies.

Burst Coins can be traded on the digital exchanges Poloniex, Bittrex, Burst Asset Exchange, Livecoin and C-Cex. How Many Hshare HSR Are Mined In A Day. Burst Coin – The Cryptocurrency Most cryptocurrencies, such as bitcoin, can only be mined with a proof-of-work algorithm.

On the one hand this means a lot of effort, because numbers have to be entered continuously into a hash function in order to generate output. On the other hand, this means enormously high costs. Currencies like Bitcoin are mined with the help of ASIC, a special software. This is very expensive, which is why bitcoins are often only mined by large mining farms. With a proof-of-capacity algorithm, however, the numerical input only has to be made once. This is then saved and can be used for further blocks. Monero XMR Miner Windows 8 there. On the one hand, this variant is considerably more efficient, and on the other hand it is also significantly cheaper.

Burst coins can be mined with hard drive equipment. This makes it possible for everyone to mine cheaply and easily accessible. Since the mining process itself doesn’t take much power (as hard disks only average. Investors can participate in a decentralized stock market. At the Asset Exchange, investors can invest directly in companies where they see future profits.

Viewed from the founders’ and developers’ point of view, the Burst Platform enables them to convince investors of their ideas and concepts and thus collect money for the further development of the company. For the normal consumer of the platform there is the possibility to offer own products in the “Burst Digital Goods Shop” and to sell them on a peer-to-peer level completely free of charge. Another feature of Burst is the encrypted communication. Users can communicate encrypted with each other as well as keep an encrypted accounting. More recently, Burst and (another blockchain-based cryptocurrency) successfully established atomic cross-chain transactions. In laymen’s terms, this means that Burst and Qora can trade across-platform with each other directly, in a completely decentralized fashion—without any exchange, brokerage, or otherwise.

Burst Coin – The Company The founder of Burst Coin is unknown. The company was founded in August 2014 with the aim of solving problems in other cryptocurrencies. Burst is designed to address a lack of decentralization and avoid wasting energy. Burst has already achieved this by developing the proof-of-capacity algorithm.

Burst had neither an IPO/ICO release, nor a pre-mine or crowdsaling. The currency should be fair and accessible to everyone. Even though the founder of Burst is unknown, he makes a big statement: With “Burst 2.0”, a second-generation cryptocurrency, he fixes bugs of Bitcoin and Co. And offers its users a fair platform with plenty of space and flexibility for their own application development. Conclusion Burst is a company that has set itself the ultimate goal of decentralization. Burst has made quite the turn around the last couple of months.

With a fresh dev-team on board and a brand new roadmap, burst promises to bring great technology to the table in 2018! A whitepaper was released december 2017 describing a combination of different coins strong assets combined into BURST, called the Dymaxion. Exciting stuff! I am convinced this coin is worth keepin an eye out for in 2018! Want to get a quick introduction? Here is a ‘What is burst’-video: Want to get started with trading and mining burst? Here is a quickstart videoguide.