altcoin mining

[Ayers]

I'm mining BURST fine on my laptop (as previously mentioned) with two added external hard drives.  Cost to mine is essential the cost to have your laptop on.  Again you're mining with free HDD space, it's not huge power consumption that burns out your computer.

3 months I've mined about 70,000 coin.  Not getting rich through mining but it's a cool way to participate and get involved in the BURST community (and mining in general).

How many TB's of capacity are you mining with?

Started small with 100 GB.  Currently up to 12 TB.  

the net with that amount of tera is very small i calculated around $7 per months, not worth all the money that you need to spend for buying 12TB, burst was a good coin in 2014 but right now it's essentially a dead coin, it's better to use a single gpu and mine zcash, you will earn more

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[CryptoDude2727]

I'm mining BURST fine on my laptop (as previously mentioned) with two added external hard drives.  Cost to mine is essential the cost to have your laptop on.  Again you're mining with free HDD space, it's not huge power consumption that burns out your computer.

3 months I've mined about 70,000 coin.  Not getting rich through mining but it's a cool way to participate and get involved in the BURST community (and mining in general).

How many TB's of capacity are you mining with?

Started small with 100 GB.  Currently up to 12 TB.  

the net with that amount of tera is very small i calculated around $7 per months, not worth all the money that you need to spend for buying 12TB, burst was a good coin in 2014 but right now it's essentially a dead coin, it's better to use a single gpu and mine zcash, you will earn more

BURST is not dead at all lol.  It STARTED in 2014.  Current development team has been with project about a year.  If you look at some of the metrics over the last 4 - 6 months (wallets being opened, network size)...and it shows interest is gaining not dying.  Just last month there were 4,300+ new BURST wallets opened...the highest month all time (except for when it was added to Polo exchange).  Go to the forums and see how active the community is...

As far as mining my own personal situation is I need/have extra TB for my business, I have computers on 24/7 so it's really almost no personal expense for me.  Plus in general you can re-use or resell TB/hard drives.  If you just want to mine and dump BURST yeah...tough to make a lot of money today.  If you want to mine, invest in the Asset Exchange (and get a roi) and hold onto BURST...who knows where the price may be in the future?     

[sonic212]

at the time of the first bitcoin the level of difficulty was low and mining could be done with personal computers. can i do altcoin mining with my laptop? if yes, which altcoin do you recommend?

I have zero mining experience but I'm sure that mining using your laptop won't bring any good results , unless the coin is proof of stake
currently I'm holding some omicrons (OMC) which is an investment platform and it's POS , so I'm able to mine some coins with my laptop without worrying about it since it depends on how much coins you have not how much hash power you have

it looks like it's good advice for you so that your laptop is not at risk of damaged or destroyed instantly if you use to mine.

[bathrobehero]

About a year and a half ago I bought a couple of HDD's for Burst then switched to Storj after a few months and those drives more than paid for themselves. I stopped HDD mining some time ago though as I needed the space.

I might get back into Storj with a few drives after I figure out how much bandwidth it requires.

For laptops it's definitely a nice option (but you kind of have to buy external HDDs).

[Ayers]

I'm mining BURST fine on my laptop (as previously mentioned) with two added external hard drives.  Cost to mine is essential the cost to have your laptop on.  Again you're mining with free HDD space, it's not huge power consumption that burns out your computer.

3 months I've mined about 70,000 coin.  Not getting rich through mining but it's a cool way to participate and get involved in the BURST community (and mining in general).

How many TB's of capacity are you mining with?

Started small with 100 GB.  Currently up to 12 TB.  

the net with that amount of tera is very small i calculated around $7 per months, not worth all the money that you need to spend for buying 12TB, burst was a good coin in 2014 but right now it's essentially a dead coin, it's better to use a single gpu and mine zcash, you will earn more

BURST is not dead at all lol.  It STARTED in 2014.  Current development team has been with project about a year.  If you look at some of the metrics over the last 4 - 6 months (wallets being opened, network size)...and it shows interest is gaining not dying.  Just last month there were 4,300+ new BURST wallets opened...the highest month all time (except for when it was added to Polo exchange).  Go to the forums and see how active the community is...

As far as mining my own personal situation is I need/have extra TB for my business, I have computers on 24/7 so it's really almost no personal expense for me.  Plus in general you can re-use or resell TB/hard drives.  If you just want to mine and dump BURST yeah...tough to make a lot of money today.  If you want to mine, invest in the Asset Exchange (and get a roi) and hold onto BURST...who knows where the price may be in the future?     

the forum may be active but the PRICE is dead, you can't have a good coin with a dead market, i remember it was 300 satoshi and up to 1000 at launch now it's below 70 or whatever, and it has been this way for almost 2 years, not looking good for me

[CryptoDude2727]

I'm mining BURST fine on my laptop (as previously mentioned) with two added external hard drives.  Cost to mine is essential the cost to have your laptop on.  Again you're mining with free HDD space, it's not huge power consumption that burns out your computer.

3 months I've mined about 70,000 coin.  Not getting rich through mining but it's a cool way to participate and get involved in the BURST community (and mining in general).

How many TB's of capacity are you mining with?

Started small with 100 GB.  Currently up to 12 TB.  

the net with that amount of tera is very small i calculated around $7 per months, not worth all the money that you need to spend for buying 12TB, burst was a good coin in 2014 but right now it's essentially a dead coin, it's better to use a single gpu and mine zcash, you will earn more

BURST is not dead at all lol.  It STARTED in 2014.  Current development team has been with project about a year.  If you look at some of the metrics over the last 4 - 6 months (wallets being opened, network size)...and it shows interest is gaining not dying.  Just last month there were 4,300+ new BURST wallets opened...the highest month all time (except for when it was added to Polo exchange).  Go to the forums and see how active the community is...

As far as mining my own personal situation is I need/have extra TB for my business, I have computers on 24/7 so it's really almost no personal expense for me.  Plus in general you can re-use or resell TB/hard drives.  If you just want to mine and dump BURST yeah...tough to make a lot of money today.  If you want to mine, invest in the Asset Exchange (and get a roi) and hold onto BURST...who knows where the price may be in the future?     

the forum may be active but the PRICE is dead, you can't have a good coin with a dead market, i remember it was 300 satoshi and up to 1000 at launch now it's below 70 or whatever, and it has been this way for almost 2 years, not looking good for me

And how many coins have an inflated value at launch?  Not saying BURST price has broken out yet, but the price has risen the past year.  It may not be the coin/project for you, but a lot of what you're saying just isn't accurate.

[CryptoDude2727]

About a year and a half ago I bought a couple of HDD's for Burst then switched to Storj after a few months and those drives more than paid for themselves. I stopped HDD mining some time ago though as I needed the space.

I might get back into Storj with a few drives after I figure out how much bandwidth it requires.

For laptops it's definitely a nice option (but you kind of have to buy external HDDs).

Yeah regarding BURST it depends on expectations...but you can certainly mine with a laptop safely.  They actually launched an android app a month ago where you can mine with your phone under the same concept. 

For me, as a newbie miner BURST was a great way to start. 

[CraigWrightBTC]

at the time of the first bitcoin the level of difficulty was low and mining could be done with personal computers. can i do altcoin mining with my laptop? if yes, which altcoin do you recommend?

Yes of course yes can mine using laptop but the problem it will not be profitable and it will make your laptop will be burn because of it,
if your aim mine using laptop just for testing you can do it,
but if you want mine altcoins using laptop looking for profits, it is bad idea and will not profitable.

[Lauren Smith]

at the time of the first bitcoin the level of difficulty was low and mining could be done with personal computers. can i do altcoin mining with my laptop? if yes, which altcoin do you recommend?

You can mine the new altcoins as the come out and sometimes you lucky and get a worthwhile amount of coins with good value and other times not. The beginning while diff is low is the only time miners on PCs can really take advantage otherwise you can always hire a miner at miningrentals.

[Nanda Dewi277]

before I read the thread here that I know only bitcoin mining that could be me, I do not think it turned out altocoin can also Minning, altocoin mining whether there is a risk ?? and laptops as what can be quick to get altocoin?

[Ayers]

I'm mining BURST fine on my laptop (as previously mentioned) with two added external hard drives.  Cost to mine is essential the cost to have your laptop on.  Again you're mining with free HDD space, it's not huge power consumption that burns out your computer.

3 months I've mined about 70,000 coin.  Not getting rich through mining but it's a cool way to participate and get involved in the BURST community (and mining in general).

How many TB's of capacity are you mining with?

Started small with 100 GB.  Currently up to 12 TB.  

the net with that amount of tera is very small i calculated around $7 per months, not worth all the money that you need to spend for buying 12TB, burst was a good coin in 2014 but right now it's essentially a dead coin, it's better to use a single gpu and mine zcash, you will earn more

BURST is not dead at all lol.  It STARTED in 2014.  Current development team has been with project about a year.  If you look at some of the metrics over the last 4 - 6 months (wallets being opened, network size)...and it shows interest is gaining not dying.  Just last month there were 4,300+ new BURST wallets opened...the highest month all time (except for when it was added to Polo exchange).  Go to the forums and see how active the community is...

As far as mining my own personal situation is I need/have extra TB for my business, I have computers on 24/7 so it's really almost no personal expense for me.  Plus in general you can re-use or resell TB/hard drives.  If you just want to mine and dump BURST yeah...tough to make a lot of money today.  If you want to mine, invest in the Asset Exchange (and get a roi) and hold onto BURST...who knows where the price may be in the future?     

the forum may be active but the PRICE is dead, you can't have a good coin with a dead market, i remember it was 300 satoshi and up to 1000 at launch now it's below 70 or whatever, and it has been this way for almost 2 years, not looking good for me

And how many coins have an inflated value at launch?  Not saying BURST price has broken out yet, but the price has risen the past year.  It may not be the coin/project for you, but a lot of what you're saying just isn't accurate.

how it isn't accurate, those that i reported are real numbers, take a look at the charts of burst, if it was dumped from 1k at peak to today value, it's because the coin was not that good, its mining was very centralized, because you an have access to huge hdd mining via cloud, it's like a botnet

[machinek20]

I dont think you will earn any profit with mining from laptop, and by mining the altcoin i think making the situation worse, alt coin price is very unstable, so your profit will getting less and less, if you really serious want to mine then use the special hardware to mine

[Johensen]

Do not use laptop for mining altcoins. it never brings you back  profit. it just only hurts your laptop.
How do you think that mining altoins with laptop will give you profit?

[stomachgrowls]

at the time of the first bitcoin the level of difficulty was low and mining could be done with personal computers. can i do altcoin mining with my laptop? if yes, which altcoin do you recommend?

Mining altcoin is laptop is possible but dont expect too much on it since it will only give you small amounts and also the risk of burning up your laptop in no time because it cant withstand the heat specially when you are mining on non-stop or 24 hours.There are lots of alts could possible mined but you will need a good GPU on that one.

[savioroshan]

Hey you can try burst coin. It doesnt require any special equipments and you can do it if you have one external hard disk. You can even exchange it for BTC in exchanges.With 1TB disk you can mine approximately 88 burstcoins daily. The no goes up if you have more harddisks.

[CryptoDude2727]

I'm mining BURST fine on my laptop (as previously mentioned) with two added external hard drives.  Cost to mine is essential the cost to have your laptop on.  Again you're mining with free HDD space, it's not huge power consumption that burns out your computer.

3 months I've mined about 70,000 coin.  Not getting rich through mining but it's a cool way to participate and get involved in the BURST community (and mining in general).

How many TB's of capacity are you mining with?

Started small with 100 GB.  Currently up to 12 TB.  

the net with that amount of tera is very small i calculated around $7 per months, not worth all the money that you need to spend for buying 12TB, burst was a good coin in 2014 but right now it's essentially a dead coin, it's better to use a single gpu and mine zcash, you will earn more

BURST is not dead at all lol.  It STARTED in 2014.  Current development team has been with project about a year.  If you look at some of the metrics over the last 4 - 6 months (wallets being opened, network size)...and it shows interest is gaining not dying.  Just last month there were 4,300+ new BURST wallets opened...the highest month all time (except for when it was added to Polo exchange).  Go to the forums and see how active the community is...

As far as mining my own personal situation is I need/have extra TB for my business, I have computers on 24/7 so it's really almost no personal expense for me.  Plus in general you can re-use or resell TB/hard drives.  If you just want to mine and dump BURST yeah...tough to make a lot of money today.  If you want to mine, invest in the Asset Exchange (and get a roi) and hold onto BURST...who knows where the price may be in the future?    

the forum may be active but the PRICE is dead, you can't have a good coin with a dead market, i remember it was 300 satoshi and up to 1000 at launch now it's below 70 or whatever, and it has been this way for almost 2 years, not looking good for me

And how many coins have an inflated value at launch?  Not saying BURST price has broken out yet, but the price has risen the past year.  It may not be the coin/project for you, but a lot of what you're saying just isn't accurate.

how it isn't accurate, those that i reported are real numbers, take a look at the charts of burst, if it was dumped from 1k at peak to today value, it's because the coin was not that good, its mining was very centralized, because you an have access to huge hdd mining via cloud, it's like a botnet

How aren't you accurate?  Just about everything you said lol.  Yes...I looked at BURST's chart....a lot.  I'm invested and also a miner.  You looked at the chart and apparently didn't realize BURST started just over 2 years ago and made false conclusions.  Nor do I think you knew about the development team situation?      

You said BURST was DEAD.  Really?  Why can I find it as active on coinmarketcap.com with volume every day?  Why is it traded on 4 - 5 exchanges.  I'm on my phone and don't feel like looking it up exactly but lets look YEAR OVER YEAR shall we:

- About a year ago BURST sat at about 17 sats with a market cap of around 80,000 USD.  The last couple of months it's been 50's - 150+ (it's currently around 58 sats) with a market cap of about 800k - 1.6 million USD the last few months (currently in the 800 - 900k range).

-  Network size a year ago 4,000 - 6,000 TB.  Network size today is around 13,000 - 15,000 TB.

-  Wallets open in December '15 was about 280...wallets opened in December '16 was 4,300+.

-  Sorry, but you're also wrong on the centralized mining.

-  There are also other metrics I look at when investing in crypto (not to bore you)...that show interest in BURST the last 6 months or so has been really growing (not dying).  

Does all this mean actual demand for BURST is going through the roof and it's guaranteed to be the next billion dollar+ coin?  Of course not.  But BURST certainly is NOT DEAD.  

[LibreMan]

I would never recommend mining to anyone specially mining altcoins because of their price and how it always goes down. but if you want to do it, regardless you have to always keep your electrical cost in mind in addition to the damage that you may do to your hardware because of the overuse and be careful about temperatures.

you can also find some good information on this site: www.coinwarz.com and check out their calculator section here: www.coinwarz.com/calculators

Thanks for a useful site.


Thanks for the comments. If you can spare time, BurstCoin research. I want to ask again, changing the subject a bit.
Which is the lowest altcoin that is currently valued on the BTC stock exchanges?

[zombijs]

Not worth it

[LibreMan]

Hi CryptoDude2727,

Do you actively burst mining?
There's something I'm curious about. Burst calculation can be done at http://burstcoin.biz/calculator. But there are no clock parameters here.
For example, a 100 GB HDD space earns 6 Bursts per day. So he gets 6 Bursts for 24 hours. Do we have to keep our computer open all day? For example, if our computer is open for 12 hours, will we get 3 Bursts?

[Ayers]

I'm mining BURST fine on my laptop (as previously mentioned) with two added external hard drives.  Cost to mine is essential the cost to have your laptop on.  Again you're mining with free HDD space, it's not huge power consumption that burns out your computer.

3 months I've mined about 70,000 coin.  Not getting rich through mining but it's a cool way to participate and get involved in the BURST community (and mining in general).

How many TB's of capacity are you mining with?

Started small with 100 GB.  Currently up to 12 TB.  

the net with that amount of tera is very small i calculated around $7 per months, not worth all the money that you need to spend for buying 12TB, burst was a good coin in 2014 but right now it's essentially a dead coin, it's better to use a single gpu and mine zcash, you will earn more

BURST is not dead at all lol.  It STARTED in 2014.  Current development team has been with project about a year.  If you look at some of the metrics over the last 4 - 6 months (wallets being opened, network size)...and it shows interest is gaining not dying.  Just last month there were 4,300+ new BURST wallets opened...the highest month all time (except for when it was added to Polo exchange).  Go to the forums and see how active the community is...

As far as mining my own personal situation is I need/have extra TB for my business, I have computers on 24/7 so it's really almost no personal expense for me.  Plus in general you can re-use or resell TB/hard drives.  If you just want to mine and dump BURST yeah...tough to make a lot of money today.  If you want to mine, invest in the Asset Exchange (and get a roi) and hold onto BURST...who knows where the price may be in the future?    

the forum may be active but the PRICE is dead, you can't have a good coin with a dead market, i remember it was 300 satoshi and up to 1000 at launch now it's below 70 or whatever, and it has been this way for almost 2 years, not looking good for me

And how many coins have an inflated value at launch?  Not saying BURST price has broken out yet, but the price has risen the past year.  It may not be the coin/project for you, but a lot of what you're saying just isn't accurate.

how it isn't accurate, those that i reported are real numbers, take a look at the charts of burst, if it was dumped from 1k at peak to today value, it's because the coin was not that good, its mining was very centralized, because you an have access to huge hdd mining via cloud, it's like a botnet

How aren't you accurate?  Just about everything you said lol.  Yes...I looked at BURST's chart....a lot.  I'm invested and also a miner.  You looked at the chart and apparently didn't realize BURST started just over 2 years ago and made false conclusions.  Nor do I think you knew about the development team situation?      

You said BURST was DEAD.  Really?  Why can I find it as active on coinmarketcap.com with volume every day?  Why is it traded on 4 - 5 exchanges.  I'm on my phone and don't feel like looking it up exactly but lets look YEAR OVER YEAR shall we:

- About a year ago BURST sat at about 17 sats with a market cap of around 80,000 USD.  The last couple of months it's been 50's - 150+ (it's currently around 58 sats) with a market cap of about 800k - 1.6 million USD the last few months (currently in the 800 - 900k range).

-  Network size a year ago 4,000 - 6,000 TB.  Network size today is around 13,000 - 15,000 TB.

-  Wallets open in December '15 was about 280...wallets opened in December '16 was 4,300+.

-  Sorry, but you're also wrong on the centralized mining.

-  There are also other metrics I look at when investing in crypto (not to bore you)...that show interest in BURST the last 6 months or so has been really growing (not dying).  

Does all this mean actual demand for BURST is going through the roof and it's guaranteed to be the next billion dollar+ coin?  Of course not.  But BURST certainly is NOT DEAD.  

i don't mean dead as done no one will use it or trade it, i mean dead as a stagnant, here in altcoinscene when something get so bad in value and stagnant it's like being dead, no real difference i see here