jackg
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https://bit.ly/387FXHi lightning theory
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September 29, 2016, 01:18:18 PM |
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It'd be interesting ty try to mine burst with that definitely. It isn't good to mine burst on an SD/micro sd card. It is probably also good to use NAS specific hard drives as this task is quite intensive on them. A bigger battery does mean more power! However, i this currently profitable or are you just charging the battery from your home and paying for the power?
Well, it is not very profitable at all since you would pay more for an HDD and take quite some time to reach ROI. There is a BURST calculator around which tells you how much BURST you would earn with your current space, but since I have only a 128GB external SSD then I will use it to mine BURST only for fun. Currently, I do not pay for power usage at my home since I live with my parents and they're the ones who pay it but once I plan to have my own place for this, then I should consider all ways possible in order to save electricity. NAS is a pretty good idea to earn lots of BURST. I meant more like nas specific drives which are probably faster and more durable. You can get a 4 bay hard drive enclosure for around £20 (which can hold a maximum of 20TB)! Also, SSD is useless for this a burst is not really reliant on speed of the drive and you'll end up destroying your ssd.
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Abiky (OP)
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October 02, 2016, 11:17:03 PM |
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I meant more like nas specific drives which are probably faster and more durable. You can get a 4 bay hard drive enclosure for around £20 (which can hold a maximum of 20TB)! Also, SSD is useless for this a burst is not really reliant on speed of the drive and you'll end up destroying your ssd.
Great! This 4 bay hard drive enclousure will really serve the task to help me fulfill my little project of coin mining with the RPi. Being said, I will only use WD HDDs for this task and see if I can mine BURST with these drives accessed remotely. By the way, 20TB really is a lot of storage and will probably make me a hefty sum of BURST. But for starting, I'll leave it with 5TB in total until I can keep purchasing more drives. I will post some pics once I accomplish many of the things that I have proposed for my Raspberry Pi project, here.
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jackg
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October 03, 2016, 06:09:41 PM |
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I meant more like nas specific drives which are probably faster and more durable. You can get a 4 bay hard drive enclosure for around £20 (which can hold a maximum of 20TB)! Also, SSD is useless for this a burst is not really reliant on speed of the drive and you'll end up destroying your ssd.
Great! This 4 bay hard drive enclousure will really serve the task to help me fulfill my little project of coin mining with the RPi. Being said, I will only use WD HDDs for this task and see if I can mine BURST with these drives accessed remotely. By the way, 20TB really is a lot of storage and will probably make me a hefty sum of BURST. But for starting, I'll leave it with 5TB in total until I can keep purchasing more drives. I will post some pics once I accomplish many of the things that I have proposed for my Raspberry Pi project, here. WD sound like a good company (from what I heard). For the price, i'd suggest Seagate hard drives which are really cheap! External drives are also cheaper than internal ones. It's probably easier to start with just one five terabit external hard drive and get a rack when there's enough drives to fill it.
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Abiky (OP)
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October 05, 2016, 06:58:48 PM |
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WD sound like a good company (from what I heard). For the price, i'd suggest Seagate hard drives which are really cheap! External drives are also cheaper than internal ones. It's probably easier to start with just one five terabit external hard drive and get a rack when there's enough drives to fill it.
Sounds like the most viable option right now. I would definitely get started with the 5TB HDD from WD to get started with this task. I chose WD because I have seen many good reviews about it, including the fact that it is most reliable than Seagate drives. According to Burstcoin.biz calculator, I would earn the following Burst amount: Burst Per Day: 607 Burst
Burst Per Week: 4250 Burst
Burst Per Month: 18213 Burst
According to my calculations, I would earn $12.40 a month mining BURST with a 5TB HDD. Let's see what I could achieve with this. I will post more pics as soon as I finish college work this semester. On December, I would have more free time to work deeply on my little project and put the Raspberry Pi 3 to good use.
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poonamsharma121
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October 06, 2016, 10:15:27 AM |
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I used the Raspberry Pi and i did not understands some concept of till know .
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Abiky (OP)
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October 10, 2016, 10:27:04 PM |
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I used the Raspberry Pi and i did not understands some concept of till know .
Hi mate. Glad you have found this thread very interesting to you and could serve as a basis to help you learn more about mining with Raspberry Pi and other stuff. You may not make that much with it (as mining nowadays could be seen more of like a hobby and for fun instead of profit) but at least it will help you learn more about Bitcoin and other cryptocurrencies. The best Pi right now, to get started would be the Raspberry Pi 3, but you can also try this with a Raspberry Pi 2. The newer the model, the better as it will have more performance in order to suit specific tasks such as full nodes, among other things. If you need help about specific stuff, feel free to PM me and I will reply to you whenever I have the time available to do so.
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Beyondo
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October 11, 2016, 08:33:37 AM |
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If you run external drives with stock factory enclosures they will most likely overheat and die. Take them out of the enclosure at a minimum.
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Abiky (OP)
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October 11, 2016, 10:15:07 PM |
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If you run external drives with stock factory enclosures they will most likely overheat and die. Take them out of the enclosure at a minimum.
Yes. Thanks for this helpful advice mate. With this in mind, I would leave the external HDDs exposed out in the open without the use of the case, in order to maximize air flow and coolness. I'm saving a lot of money in order to buy a couple of hard drives and some gear necessary to get started with this thing. It will be pretty interesting how everything will work with the Raspberry Pi 3 once I finish the setup. The Synology DiskStation DS414Slim 4-Bay 2.5" Diskless 2xGbE NAS has really brought my attention. It is perfect for those spare 2.5 laptop hdds I have lying around. You can check it out here: http://www.mln.com.au/product/?itemID=5686
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jackg
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October 13, 2016, 01:32:40 PM |
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If you run external drives with stock factory enclosures they will most likely overheat and die. Take them out of the enclosure at a minimum.
Yes. Thanks for this helpful advice mate. With this in mind, I would leave the external HDDs exposed out in the open without the use of the case, in order to maximize air flow and coolness. I'm saving a lot of money in order to buy a couple of hard drives and some gear necessary to get started with this thing. It will be pretty interesting how everything will work with the Raspberry Pi 3 once I finish the setup. The Synology DiskStation DS414Slim 4-Bay 2.5" Diskless 2xGbE NAS has really brought my attention. It is perfect for those spare 2.5 laptop hdds I have lying around. You can check it out here: http://www.mln.com.au/product/?itemID=5686Yes, they will overheat really easily if you keep then in the enclosure purchased with the drive. I initially suggested external ones as they're slightly cheaper and the casing merely pops away from the drive. Then, put them into a NAS enclosure or an old server and that will keep them cool enough to function.
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Abiky (OP)
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October 13, 2016, 06:49:44 PM |
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Yes, they will overheat really easily if you keep then in the enclosure purchased with the drive. I initially suggested external ones as they're slightly cheaper and the casing merely pops away from the drive. Then, put them into a NAS enclosure or an old server and that will keep them cool enough to function.
Thanks for the advice mate. Perhaps, mining with HDD would be more accessible than with ASICs. HDDs can be found even much cheaper than ASIC hardware, in my opinion, and more accessible and easier to find. For cooling, I had this crazy idea of using USB powered fans connected to a USB Hub to cool off the HDDs.
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Abiky (OP)
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October 13, 2016, 08:15:48 PM |
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Is this mining with the Raspberry Pi or some stick miners?
This is more of mining with external ASICs (or stick miners) with the Pi. Also, it is possible to mine coins with the free space of your hard drive. The coin is called BURST (among many others like Siacoin) which allow you to mine them with your storage device. I will post pics of my Pi with the other equipment doing mining tasks once I finish ordering all the required hardware (and finish this college semester).
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mindrust
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October 13, 2016, 08:29:58 PM |
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I have the same setup too and plus i got a nice portable sun panel which can charge my powerbank in the daytime. It is pretty much invincible but then i realize i have an iphone and i do whatever i need with it. I bought the raspberry pi 3 with so much hype and it just sits in my closet now. Don't have any idea what to do with it, maybe i ll use it as a cold wallet.
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Abiky (OP)
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October 15, 2016, 07:38:55 PM |
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I have the same setup too and plus i got a nice portable sun panel which can charge my powerbank in the daytime. It is pretty much invincible but then i realize i have an iphone and i do whatever i need with it. I bought the raspberry pi 3 with so much hype and it just sits in my closet now. Don't have any idea what to do with it, maybe i ll use it as a cold wallet. Glad to see that you own a Raspberry Pi 3 too, mate! There are many things that you can do with it like use it as cold wallet, mining, staking, full nodes, and many more. I have found out, that it is very fun to mine and learn more about Bitcoin and other cryptocurrencies with the Raspberry Pi 3 (even though mining nowadays is not very profitable at all) It is a great educational tool to help you reach new heights. Right now, I own 2 Raspberry Pis which are the Pi 2 and the Pi 3. The one that I'm using for this project is the Raspberry Pi 3, as I'm planning to leave the Pi 2 at home to serve as a full node for an altcoin.
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jackg
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October 16, 2016, 10:04:51 PM |
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Yes, they will overheat really easily if you keep then in the enclosure purchased with the drive. I initially suggested external ones as they're slightly cheaper and the casing merely pops away from the drive. Then, put them into a NAS enclosure or an old server and that will keep them cool enough to function.
Thanks for the advice mate. Perhaps, mining with HDD would be more accessible than with ASICs. HDDs can be found even much cheaper than ASIC hardware, in my opinion, and more accessible and easier to find. For cooling, I had this crazy idea of using USB powered fans connected to a USB Hub to cool off the HDDs. The USB powered fans would work, but they'd have lots of wasted energy involved (and you'd have to position them so they allow air to flow in one direction through the entire drive). HDDs are definitely cheaper, easy to source and quite cheap to fix (but asics can potentially produce more profits). Is this mining with the Raspberry Pi or some stick miners?
This is more of mining with external ASICs (or stick miners) with the Pi. Also, it is possible to mine coins with the free space of your hard drive. The coin is called BURST (among many others like Siacoin) which allow you to mine them with your storage device. I will post pics of my Pi with the other equipment doing mining tasks once I finish ordering all the required hardware (and finish this college semester). You can't mine with a Pi. Well, you can, but it'll produce around 1MH/s maximmum which is useless to even attempt as you'll burn the CPU before accomplishing anything and it'll be unprofitable. Also @abiky, I'd suggest you test the function on a regular computer to check you can set it up correctly.
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Gimo
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October 17, 2016, 05:48:34 AM |
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It's so hard to main. Who can tell how this make easier? Or mining goes worse day by day and it doesn't worth it?
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Abiky (OP)
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October 17, 2016, 04:51:04 PM |
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Also @abiky, I'd suggest you test the function on a regular computer to check you can set it up correctly.
Of course. I'm building up a desktop PC in order to use it as a mining rig (with multiple GPUs) as well as to use it for experimenting with this stuff. I wouldn't risk doing it with my laptop since it tends to overheat very quickly and thus reduce the lifespan out of it. Once I get a desired result, I would be ready to implement it into my nice little Raspberry Pi setup. It's so hard to main. Who can tell how this make easier? Or mining goes worse day by day and it doesn't worth it?
Well, mining could get worse day by day when the difficulty increases, making mining a block even difficult than it was before, thus forcing you to upgrade to a better ASIC miner with a bigger hashrate (or in the case of hard drives, bigger capacity). With this in mind, you might never profit but it could be seen as a fun way of learning (and more of like a hobby) One good coin that I have seen that you can mine with your computer's CPU is called Coin Magi. This one is both mineable, as well as stakeable in which you can earn coins by just holding them into your wallet long term! Check it out here: http://coinmagi.org/
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