ninobtcx (OP)
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December 24, 2016, 08:48:54 PM |
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Hello guys i want to know that which coins supports hdd mining and is it have profit? ad how to mine them?
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mummybtc
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December 24, 2016, 09:46:18 PM |
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Hello guys i want to know that which coins supports hdd mining and is it have profit? ad how to mine them?
I know of Burst and Storj. It seems that Storj is still profitable to mine but I can't speak if Burst but there are some website to calculate how profitable a coin is to mine, you can get that through google search
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eckmar
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December 25, 2016, 12:20:32 AM |
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If you have some large amount of HDD's (you don't have to buy them) like 100TB it may be profitable. If you plan to invest in HDD mining, it's not profitable. If you invest same money into GPU rig you are much better off, since you can choose among many other coins and it's easier to sell GPUs than HDDs when you don't need them anymore
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jackg
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December 25, 2016, 12:31:03 AM |
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Hello guys i want to know that which coins supports hdd mining and is it have profit? ad how to mine them?
I know of Burst and Storj. It seems that Storj is still profitable to mine but I can't speak if Burst but there are some website to calculate how profitable a coin is to mine, you can get that through google search It is useful to calculate the profitability of both of these coins. You mine them by downloading the software and configure it to use the drives. The software itself uses different techniques. Storej has peer-to-peer cloud storage so measures through the amount of items you can store for a client on your hard drive. Whereas Burst uses "Proof of Capacity" where data is plotted on the empty segments of the drive to show the amount of space available. Obviously the more you have the more profit you can gain.
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fortunecrypto
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December 25, 2016, 02:01:44 AM |
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Hello guys i want to know that which coins supports hdd mining and is it have profit? ad how to mine them?
There are three threads about Burst and they have one dedicated forums,you can go to the altcoin sections announcement to track all these three,Burstcoin is a profitable coin to hold and mine,the price is not attractive today but will be in the future.
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aioc
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December 25, 2016, 04:29:49 PM |
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Hello guys i want to know that which coins supports hdd mining and is it have profit? ad how to mine them?
So far it's only Burstcoin that I can recommend because you can easily mine it using a hard drive all the other hdd mineable coin are just hype and potential,you need to explore Burst coin wallet so you can a lot on how to mine Burstcoin.
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Ayers
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December 25, 2016, 04:55:33 PM |
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Hello guys i want to know that which coins supports hdd mining and is it have profit? ad how to mine them?
I know of Burst and Storj. It seems that Storj is still profitable to mine but I can't speak if Burst but there are some website to calculate how profitable a coin is to mine, you can get that through google search storj it's not actually really minable with hdd, it's a cloud project if i understood correctly, not like burst where you can use your hdd to mine, so we can say that only burst is the truly minable hdd coin
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shield132
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December 25, 2016, 05:28:16 PM |
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HDD mining is new thing which I have heard, as I know you can simply mine with sata drives, it doesn't cares about ssd, you need huge amount of storage, for example 100TB to get profit from hdd mining. Nowdays more known coin is burst and you can mine it, also it's profitable now. If you are now investing money, than as one member told you, it's better to invest GPU mining.
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robelneo
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December 25, 2016, 06:38:14 PM |
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Burstcoin sell order is much lower of 10 satoshis than 3 weeks ago but it is still the best hdd mining coin it's a young coin but the potential is great,they have their own forum,and mining it will not consume much electricity and computer resource compare if you are gpu mining other coins.
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rapazev
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December 25, 2016, 08:56:45 PM |
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i'm dont know exactly how HDD mining works, but if it's like a cloud storage service you cant forget about your internet. in a few countries, fast internet isn't cheap and they limit your upload/download. So, if you dont have a good internet provider, this might be a bad idea.
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digaran
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December 25, 2016, 09:41:37 PM |
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What is hdd mining? what I mean is it something that you'll need to be online all the time? if so then what is the difference between pow and pos with hdd other than pow needs calculative power?
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CryptoDude2727
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December 26, 2016, 12:12:56 AM Last edit: December 26, 2016, 12:44:55 PM by CryptoDude2727 |
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HDD mining is new thing which I have heard, as I know you can simply mine with sata drives, it doesn't cares about ssd, you need huge amount of storage, for example 100TB to get profit from hdd mining. Nowdays more known coin is burst and you can mine it, also it's profitable now. If you are now investing money, than as one member told you, it's better to invest GPU mining.
It depends on your situation and your goals (mining BURST)...HDD you may already have, how long you're going to hold the coin. In my case I already had about 12 TB (will probably increase that), my computers are always on, and electricity costs rolled into the business. But you certainly don't need 100 TB to get the ball rolling.
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eckmar
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December 26, 2016, 10:27:59 AM |
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HDD mining is new thing which I have heard, as I know you can simply mine with sata drives, it doesn't cares about ssd, you need huge amount of storage, for example 100TB to get profit from hdd mining. Nowdays more known coin is burst and you can mine it, also it's profitable now. If you are now investing money, than as one member told you, it's better to invest GPU mining.
It depends on your situation and your goals (mining BURST)...HDD you make already have, how long you're going to hold the coin. In my case I already had about 12 TB (will probably increase that), my computers are always on, and electricity costs rolled into the business. But you certainly don't need 100 TB to get the ball rolling. With your 12 TB you are going to earn about 17$ per month. That is in my mind not very profitable. 4TB HDD is 129.78$. That means for 12 TB I have to pay 519.12 $. At current price it's going to take me 2.4 years to ROI. Now even if you already have hardware are you sure you want to spend all that space and your time managing your rig for 17$ per month ?
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fikihafana
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December 26, 2016, 10:59:00 AM |
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Hello guys i want to know that which coins supports hdd mining and is it have profit? ad how to mine them?
You can choose burst
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Golftech
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December 26, 2016, 11:06:43 AM |
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HDD mining is new thing which I have heard, as I know you can simply mine with sata drives, it doesn't cares about ssd, you need huge amount of storage, for example 100TB to get profit from hdd mining. Nowdays more known coin is burst and you can mine it, also it's profitable now. If you are now investing money, than as one member told you, it's better to invest GPU mining.
It depends on your situation and your goals (mining BURST)...HDD you make already have, how long you're going to hold the coin. In my case I already had about 12 TB (will probably increase that), my computers are always on, and electricity costs rolled into the business. But you certainly don't need 100 TB to get the ball rolling. With your 12 TB you are going to earn about 17$ per month. That is in my mind not very profitable. 4TB HDD is 129.78$. That means for 12 TB I have to pay 519.12 $. At current price it's going to take me 2.4 years to ROI. Now even if you already have hardware are you sure you want to spend all that space and your time managing your rig for 17$ per month ? We are just talking about the investment for the hdd itself we need also to compute the amount of electricity that has been use per month and if you are just getting 17$ a month from its current price maybe its not worthed to do hdd mining but looking for big possibilities if you can wait for the coin to make its value theres a big possibility that the price will go up and all the coins that you mined will be like a fortune for you.
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CryptoDude2727
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December 26, 2016, 12:56:34 PM |
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HDD mining is new thing which I have heard, as I know you can simply mine with sata drives, it doesn't cares about ssd, you need huge amount of storage, for example 100TB to get profit from hdd mining. Nowdays more known coin is burst and you can mine it, also it's profitable now. If you are now investing money, than as one member told you, it's better to invest GPU mining.
It depends on your situation and your goals (mining BURST)...HDD you make already have, how long you're going to hold the coin. In my case I already had about 12 TB (will probably increase that), my computers are always on, and electricity costs rolled into the business. But you certainly don't need 100 TB to get the ball rolling. With your 12 TB you are going to earn about 17$ per month. That is in my mind not very profitable. 4TB HDD is 129.78$. That means for 12 TB I have to pay 519.12 $. At current price it's going to take me 2.4 years to ROI. Now even if you already have hardware are you sure you want to spend all that space and your time managing your rig for 17$ per month ? I already owned to the HDD, electricity costs me nothing, and I don't know what time you think it takes to manage 12 TB? So far one of the HDD has kicked out so I had to do a restart, about 30 seconds to "manage" it. My rig is small obviously, I'll be adding more TB. You can also buy BURST cheap and invest in assets increasing your ROI. If you expect to mine with a small amount of HDD and look to just immediately dump the coin (and expect big profit), you're right this might not be for you. Most people are looking at BURST because it may have significant potential to accrue, not necessarily it's price point today.
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eckmar
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December 26, 2016, 02:38:31 PM |
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HDD mining is new thing which I have heard, as I know you can simply mine with sata drives, it doesn't cares about ssd, you need huge amount of storage, for example 100TB to get profit from hdd mining. Nowdays more known coin is burst and you can mine it, also it's profitable now. If you are now investing money, than as one member told you, it's better to invest GPU mining.
It depends on your situation and your goals (mining BURST)...HDD you make already have, how long you're going to hold the coin. In my case I already had about 12 TB (will probably increase that), my computers are always on, and electricity costs rolled into the business. But you certainly don't need 100 TB to get the ball rolling. With your 12 TB you are going to earn about 17$ per month. That is in my mind not very profitable. 4TB HDD is 129.78$. That means for 12 TB I have to pay 519.12 $. At current price it's going to take me 2.4 years to ROI. Now even if you already have hardware are you sure you want to spend all that space and your time managing your rig for 17$ per month ? I already owned to the HDD, electricity costs me nothing, and I don't know what time you think it takes to manage 12 TB? So far one of the HDD has kicked out so I had to do a restart, about 30 seconds to "manage" it. My rig is small obviously, I'll be adding more TB. You can also buy BURST cheap and invest in assets increasing your ROI. If you expect to mine with a small amount of HDD and look to just immediately dump the coin (and expect big profit), you're right this might not be for you. Most people are looking at BURST because it may have significant potential to accrue, not necessarily it's price point today. Then it's more of a gamble with investment than mining. What if you mine this coin for like a year for example deciding to hold and price crash ?
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freebutcaged
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December 26, 2016, 07:38:03 PM |
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We can use the free cloud storage provided by several big companies or not? anyways how does it work really? it's more like proof of stake right?
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CryptoDude2727
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December 27, 2016, 01:05:42 AM |
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HDD mining is new thing which I have heard, as I know you can simply mine with sata drives, it doesn't cares about ssd, you need huge amount of storage, for example 100TB to get profit from hdd mining. Nowdays more known coin is burst and you can mine it, also it's profitable now. If you are now investing money, than as one member told you, it's better to invest GPU mining.
It depends on your situation and your goals (mining BURST)...HDD you make already have, how long you're going to hold the coin. In my case I already had about 12 TB (will probably increase that), my computers are always on, and electricity costs rolled into the business. But you certainly don't need 100 TB to get the ball rolling. With your 12 TB you are going to earn about 17$ per month. That is in my mind not very profitable. 4TB HDD is 129.78$. That means for 12 TB I have to pay 519.12 $. At current price it's going to take me 2.4 years to ROI. Now even if you already have hardware are you sure you want to spend all that space and your time managing your rig for 17$ per month ? I already owned to the HDD, electricity costs me nothing, and I don't know what time you think it takes to manage 12 TB? So far one of the HDD has kicked out so I had to do a restart, about 30 seconds to "manage" it. My rig is small obviously, I'll be adding more TB. You can also buy BURST cheap and invest in assets increasing your ROI. If you expect to mine with a small amount of HDD and look to just immediately dump the coin (and expect big profit), you're right this might not be for you. Most people are looking at BURST because it may have significant potential to accrue, not necessarily it's price point today. Then it's more of a gamble with investment than mining. What if you mine this coin for like a year for example deciding to hold and price crash ? That's why you have to evaluate the potential and price point. That could happen to any coin as well.
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Shiroslullaby
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December 27, 2016, 02:09:39 AM |
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I definitely like the Burst project. They already have a fully developed GUI wallet that links to faucets, can start mining from with the wallet, etc. They also have some really cool features like the "Asset Exchange" where you can invest in projects, essentially buying a piece of the project like a stock investment. They have great ideas and the coin is really developed for something that trades at such a low price.
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