Bitcoin Forum

Are there any hdd mining altcoins nowadays aside from storjcoin and burstcoin? Thanks!

maybe sia or maid will be along those lines

burstcoin is the only coin that can be mined with hdd's

storj sia and similiars earned by renting free storage space

the proyect of Maidsafe is a bit more complicate than Burstcoin or Storjcoin.


Maidsafe born from a problem to storage datain the years to came.

quote from the whitepaper hosted on git, you can have a look at here

https://github.com/maidsafe/Whitepapers/blob/master/Project-Safe.md (https://github.com/maidsafe/Whitepapers/blob/master/Project-Safe.md).


So the point of SAFE is way to store information in in a p2p network, this mind the network will need a kind of reward for the people is using and lending resources to the network.


maidsafecoin was created afterwards as a way to reward the "miners" if you can call in that way.

but is not a cryptocurrency as Bitcoin. because the rewards are given in a totally different way.

quote again from the white paper.




Burst coin have a totally different approach:

Burst uses a new algorithm for proof of hdd capacity (POC) mining. Miners pre-generate chunks of data known as 'plots' which are then saved to disk. The number of plots you store is effectively your mining speed. Every block the miner will skim through the saved plots, and come up with an amount of time until it is able to mine a block if another block hasn't yet been found. After reading through the plots is complete, your hardware can idle until the newest block.

in another words. Burst coin and MADSAFE have one big problem since the SSD pay a big toll to mine this kind of coins.


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



N3rvi0zz0

Can you share with us the profit we can make with HDD mining.

I haven't heard before that you can mine with HDD but how this works, how many $ for 24h mining with 1 GB space?

Thank you...

For me it's only Burstcoin,Storj coin is not about mining through Harddrive,they are more on renting free storage,I don't know if there are any coin that hdd mined but I'm sure this coin will be clone in the future because of it's success,the community is growing and like bitcoin they are headed to being clone.

http://burstcoin.biz/calculator

1 GB is obviously very small...the more space the better.  BURST recently released a way to mine on your Android phone as well.

you can exlpain for me how mining burtscoin use hdd's
and how long minimum online can get block and reward coin
and how much reward profitable or not

Looks like you need at least 50Tb to get some small money out of it

Flash memory doesn't hold up too well with lots of rewriting, so if you'd like your phone to last I'd suggest not doing this.

Pretty much. There's not much good money to be made on it unless you already have hundreds of terabytes of storage already at your fingertips. Not the most lucrative type of mining, but it could possibly make you a little profit. Hell, there are people with petabytes of storage mining on their blockchain.

From a basic calculation I can see that mining with a hard disk with a capacity of 1000 GB doesn't worth much.

1000 GB for 24 hours gives 74 Burst which is equal to 0.045 USD which is pretty low.

Also how can someone mine with an android phone where we know that android phones storage is 16/32GB + microSD

Thank you...

I just wonder, if gpu miner ploting faster than disk can read or write, why store plot file? We could just plot thst part what we need in realtime without storing then we could have petrabytes virtualy when nothing on disk

It doesn't work that way, you can only save some time getting the HDD full if you have a higher write, you still need to store files in-order to earn burstcoin.

Summary, the more space you got the better it is (fyi: profit is really bad).

it's not profitable it's a heavy centralized coin i the aspect of mining, it should have done with speed of the ssd not the storage, it can also lead to malfunction with all that giga that are writed there

burst is not so centralized  as you my think... and it is actually a coin that everyone could really join in..... much better coin than anything out there :

Energy friendly: hdd mine uses around 6w h(you can use your hdd with a router or a rspi or a banana pi for instance)

Decentralized : pool available so ... anyone can get a fair share of purst...


just the fact that one burst aint worth much doesnt mean it wont be worth.... the problem with burst is that it is not so popular...

if burst would reach same value of btc then we could really speak about decentralization... no asic involved , no elecricity cost to compete with , and same price for  everyone to mine ....

it's centralized in the sense that without 150 TB you can't do anything there, you are mining air/peanuts, wasting time, price is almost dead

the entry level investment to get at least 0.01 btc per day cost you $4k-5K at least, instead with gpu, with less than half of that you get the same, you consume more yes, but far cheaper investment

that is true only if you are in a country with cheap electricity.... thats not your case amph... ONLY spreadcoin at the moment will allow you that incomes of 0.01 profit in day ...  with 8 gtx 1070 , private miner  and HOPING that price will hold  and no one will dump... (anda that you can sell your coins  since the volume is ridiculous compared to burst... spr is only in 1 exchange and has LOW volume... burst is in many exchange , atleast 3 big ones , and has a very big volume)

at the moment to have 0.01 btc of profit in day with graphic cards in EUROPE you will need to invest some 5k..... ( 10 1070 + 2xrigs)

whether it is burst (22x8tb drives + 1 rig to feed them)  whether it is videocard .....

this considered the cost YOU are paying (0.29 USD / 1kwh)

well my situation is bad but it will get better in 2018, cost of electricity will be 0.15 cent(euro)

anyway i wasn't looking at the net, i made a comparison between the gross of both mining, and you need 5k investment for 0.01 a day with hdd and 300w(50 HDD x 3TB) against 3k investment for 0.01(0.012 actually on zcash) a day with a 6 x 1070 with 700watt

the latter is better for me

ps.s not onyl spread is giving 0.01 right now, just check whattomine, you can do 0.01 with 6 card on  3-4 algo

i really like the idea of using spare room for projects. do any of these coins use the disk space for something usefull or is it just a concept?

Would Swarm Ethereum can be minable as same way as storj and burst etc?

 4-6 TB right now seems to be the sweet spot on TB/$

 Not a big diff vs 2 or 3 TB drives though.

I'm mining burst with 80TB and it's pretty great, 40 cents a day profit per 8TB drive, each bought at $170. Electricity costs for them are negligible and they don't go obsolete that quickly.
Compared to my Rx 480 that makes a dollar a day, half of which goes to electricity. My electricity cost is $0.17/KWH

If you have good electric cost, go for GPU mining. If high electricity cost, you might want to diversify your mining equipment a litle.  ;)

actually best tb/e ratio is for seagate 8tb ... it is possible to get 1tb every 25 EUR paying 200 EUR the hdd ... smaller models  offer 27 - 30 Eur /tb

$170 is very low price i can't find that model of 8TB at just $170, on amazon i see 270 euro for that, which is too high for my taste

how much is the consumption exactly? 6watt?

btw if i can find them at your price, it is worth a shoot indeed...

If you have an interest I would go to the official BURST forums, people there can help you better than me.  http://www.burst-team.us/index.php/forum/

All I can do is speak to my experience.  I bought into BURST and then started mining about 2 months ago.  Currently have about 12TB going (and will probably add more)...in the 2+ months I've mined about 50,000 BURST.  I personally am not looking to mine and just dump (you're right it's not much if you look at it that way).  I look at everything more from an investor point of view...granted BURST is a speculative investment for me.  But based on the metrics I look at BURST is really gaining ground last last 4 - 6 months. And with the green/eco friendly mining aspect I think it has a TON of room to grow.

The other thing to keep in mind is you can also invest BURST into assets and make a return, so that would be another tool you could use to accumulate BURST.  

average power consumption for a burst  miner is around 6 -8 w for  drive... depneds also if you use gpu or cpu to read plot size... gpu tends to have higher efficency with MANY plots....  consider that drives after the plots has ben read (usually takes 15 to 90 sec according to how big is the plot and how you read it)  will sit idling until block found...

5 - 8 watts is my guess, but I don't have a wattmeter to measure though. The drives are active for 30 seconds every 4 minutes, and will use your cpu or gpu to scan the drives. Maybe 20 watts extra during scanning.
I grabbed the seagate 8tb archive HDDs, they were $170 on black friday Amazon US.

What is you mining rate with 12TB?

Honestly not sure where you find that lol.  I'm a noob to this stuff.  Which goes to show you, if I can get set up and start mining BURST anyone can.

Go to BURST forum with more specific questions...a lot of helpful people on there.   

someone show us some links to cheap HHDs

I can get 2 tb for 60usd external hhd

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

 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.

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

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

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..  ::)

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.

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). 

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.

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.

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

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