BURST vs STORJ

[dasgardo87]

hi guys if i allocate 10 TB for mining Storj how many it fill for month 1 and 2?

last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though

any help  will be appreciated, thank you

[reids]

hi guys if i allocate 10 TB for mining Storj how many it fill for month 1 and 2?

last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though

any help  will be appreciated, thank you

Depends. There's no timeframe specified, depends entirely on how much of the offers you win.

[Meije]

hi guys if i allocate 10 TB for mining Storj how many it fill for month 1 and 2?

last time i try to find out but its only fill a tiny , but my experiment only allocate 5gb though

any help  will be appreciated, thank you

Hi there!, Storj community member here.

First:

1- max size per node is 8TB, so if you want to rent out  10TB you have to add 2x nodes.
2- You need at least 1-2GB RAM per node.
3- You have to have a "decent" internet connection : Above 1/1Mb symmetrical.

It is vital to properly configure your node so these are the basic instructions we provide to new users:

- Step 1: Synchronize your clock

   see https://docs.storj.io/v1.1/docs/storj-share-gui#section-311-ntp-synchronization-for-windows

- Step 2: configure port forwarding

   see https://docs.storj.io/v1.1/docs/storj-share-gui#section-332-advanced-configuration

- Step 3: Stop Storj Share, delete the log, start storjshare and upload the new log to #storjshare on rocketchat and to this automatic log checker: ssdynamite.com


To monitor the nodes: https://docs.storj.io/v1.1/docs/nodes-monitoring
To check the logs: https://docs.storj.io/v1.1/docs/log-checking-tools


You payout depends on how well your node is configured and how much data you upload/download, which is of course directly related with how much renters are uploading, some days may be busy, and some not so much, it varies.

Here is the payout formula section: https://docs.storj.io/v1.1/docs/storj-share-gui#section-8-payments

Please consider joining our community at https://community.storj.io for more direct assistance.

cheers,

Meije

 

[bittick]

stay away from burst. its flawed and can be exploited via NXT exploits.
there is no scalability of the network, and all the people who had any technical understanding and capability had left the project.
the community is split apart and this coin is slowly dying.

id say go for sia and storj/maidsafe

[Ayers]

stay away from burst. its flawed and can be exploited via NXT exploits.
there is no scalability of the network, and all the people who had any technical understanding and capability had left the project.
the community is split apart and this coin is slowly dying.

id say go for sia and storj/maidsafe

sia can not be mined with hdd though, it's a gpu coin, despite being used for storage, so your suggestion doesn't make sense, and storj works with cloud storage, burst is still not bad for pure profit without looking at the project, you can earn something with a few TB

[Deansss]

1TB has been paying 34-38 SJCX/ month for the last three months. Not much but pays electricity for that tiny file server which is always on anyways.

Latest SJCX payout formula:

http://storj.us8.list-manage1.com/track/click?u=edba9fc4ce8b9095a31859cba&id=ca6a5bedef&e=6c71cf8a5e

In today's money that's $50+. /Month

I wish my laptop wouldn't keep shutting down can't afford new right now!

Another train is gonna leave the station and I'm not gonna be on it again if I don't get my S-hit sorted!

Storj is on the rise and there is a real reason why it is.

I'm almost tempted to ask for donations to get my rig up n running 

[telaniscorp]

I ran both of them, burst is most profitable for me but i'm getting more contracts and disk traffic now after 2 months in storj -- I hope storj catches up.

[cryptokeyparty]

I heard the difficulty on BURST was through the roof.

[ekurtovic]

I heard the difficulty on BURST was through the roof.

I also read about that, so it seems that is not worth to mining any more of BURST 

[colivingclub]

Hi,
Which one do you prefer to use for HDD mining? SJCX values in the Poloniex site seem to be more advantageous. But the Burst community is more active.

SS on Poloniex:
BURST: http://i64.tinypic.com/2087de0.png
STORJ: http://i66.tinypic.com/szued4.jpg

as I know Storj is quite a useless platform. Your HDD cannot fill up with data completely, and you won't be paid for this. And it's definitely not the right time to start up your business in Burst. The ROI will be so long and you cannot earn anymore because the coin practically mined up to the end. Maybe SIA will show us better abilities to live longer.

[FlowLive]

as I know Storj is quite a useless platform. Your HDD cannot fill up with data completely, and you won't be paid for this. And it's definitely not the right time to start up your business in Burst. The ROI will be so long and you cannot earn anymore because the coin practically mined up to the end. Maybe SIA will show us better abilities to live longer.

I don't know what your talking about, been running Storj for the past 4 months and drives do fill up... I'm at 325 Storj coins, pretty decent.
As for SIA, well I can't say I have seen this being taken seriously as far as hosting data compared to Storj...
I tried to get the thing going after finally mining 2000 coins and had troubles getting the thing to work.
Went out to do some reading and the horror stories that goes with that, oh my! Support seems scarce.

Storj support is amazing, live chat, fast response time and things just work, no need to farm coins to host.

[ekurtovic]

I think also that STORJ is not waste of time, just need time

[jmigdlc99]

Burst market is saturated !

Caveat with BURST coin.

It was been hacked just a few months ago and it may be a very vulnerable coin to be wasting your time and resources on. Why? There's what, 80,000 TB on the network? At $22 per TB (lowest on PC part picker, not lowest for a volume buyer), that's under $2,000,000 for a 51% attack on the network. Yes this is a very small and vulnerable crypto currency.

And as if thats not enough, there been lots of fighting between devs and mining pools DDOSing each other (burst nation vs bust team US). Red flags everywhere.

[ImHash]

Stop using storj because I was mining it for a month, wasted a few bucks of internet bandwidth and many days to check everything every few hours. not sure about burst because they're idiots and banned my country from accessing their home page. because of US government policy/sanctions, my brother told me the same thing but I needed to see for myself
I never received any storj coins, if you are planning to use them you are better off using the cloud.

[Eurofighter]

the good side of burst is that you can use every hdd/ssd you have, even with realocated or bad blocks or ready to fail ( smart problem ) disks
as long as you can read from it, it generate Burst with no penalty

the other 2 you need to run over raid1 ( mirror ) if you don't want to lose money


with 18Tb on Burst for 1 mounth I have 17000 bursts
you can do the math with currect price

How much worth was it back in the days you got'em? It's worth 1000 Dollar right now if you hodl it.

[Eurofighter]

Stop using storj because I was mining it for a month, wasted a few bucks of internet bandwidth and many days to check everything every few hours. not sure about burst because they're idiots and banned my country from accessing their home page. because of US government policy/sanctions, my brother told me the same thing but I needed to see for myself
I never received any storj coins, if you are planning to use them you are better off using the cloud.

You have to rentover a complet month to get the payout, but its worth it if you mining at the same time.

[znxs]

Stop using storj because I was mining it for a month, wasted a few bucks of internet bandwidth and many days to check everything every few hours. not sure about burst because they're idiots and banned my country from accessing their home page. because of US government policy/sanctions, my brother told me the same thing but I needed to see for myself
I never received any storj coins, if you are planning to use them you are better off using the cloud.

well, i have no problem with both of this alt coin so far, u can use vpn to access the webpage i guess.

[beachbummer]

Stop using storj because I was mining it for a month, wasted a few bucks of internet bandwidth and many days to check everything every few hours. not sure about burst because they're idiots and banned my country from accessing their home page. because of US government policy/sanctions, my brother told me the same thing but I needed to see for myself
I never received any storj coins, if you are planning to use them you are better off using the cloud.

Agreed. I remember checking out the cost of storj for my personal storage purposes and I decided that conventional cloud storage was cheaper and suited my purposes fine, especially since I also encrypt my data before uploading.

[nicwenzel]

Im mining burst with 4 tb. Hella worth it.

[grega1999]

Which pool?

I have 12TB in burstcoin.ro pool and getting nowhere ... earned 150 burst in 14 days.