HDD mining aside from storjcoin and burstcoin?

[QuintLeo]

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

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

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

[kykc221]

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. 

[cptfisher]

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

[Amph]

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.  

$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...

[CryptoDude2727]

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

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...

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.

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...

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.  

[cptfisher]

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...

[kykc221]

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.  

$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...

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.

[ps_jb]

[Currently have about 12TB going (and will probably add more)...

What is you mining rate with 12TB?

[CryptoDude2727]

[Currently have about 12TB going (and will probably add more)...

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.   

[bittawm]

someone show us some links to cheap HHDs

I can get 2 tb for 60usd external hhd

[shield132]

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.

[Amph]

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

[QuintLeo]

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

 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.

[dasgardo87]

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?

[Amph]

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

[alucard20724]

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

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

[QuintLeo]

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.

[alucard20724]

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.. 

[CryptoDude2727]

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.

[Carmen_Sandiego]

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?