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Author Topic: Is anyone actually turning a profit with BURST mining?  (Read 22766 times)
Manchumichael
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December 21, 2017, 03:06:07 PM
 #41

Burst is a great project, but sadly there are no incentives to mine it at the moment. Unless you have a BIG data center sitting unused seems that you would do way better simply buying it.

Yes.. for solo mining I agree, a lot of TB is needed.
However, you can still pool mine and you still use minimal power.  In that respect you can make a profit long term.

What will the price be in 5 years?
If it was going to $5/Burst, would you mine now?

It will most certainly rise as all coins have in the coming years.

How many coins we can mine per month using 2 TB HDD, and once it gets full we can format it and reuse or we need to buy a new HDD?
I am not thinking about present price, I am thinking about future. If we mine more coins now, it may help us in future am I right?
Pickle-Rick
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December 21, 2017, 04:23:12 PM
 #42

After seeing what happened to Burst a few months back I completely lost any interest. So many better things to mine and invest in.
wmikrut
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December 23, 2017, 05:34:52 AM
 #43

Burst is a great project, but sadly there are no incentives to mine it at the moment. Unless you have a BIG data center sitting unused seems that you would do way better simply buying it.

Yes.. for solo mining I agree, a lot of TB is needed.
However, you can still pool mine and you still use minimal power.  In that respect you can make a profit long term.

What will the price be in 5 years?
If it was going to $5/Burst, would you mine now?

It will most certainly rise as all coins have in the coming years.

How many coins we can mine per month using 2 TB HDD, and once it gets full we can format it and reuse or we need to buy a new HDD?
I am not thinking about present price, I am thinking about future. If we mine more coins now, it may help us in future am I right?

As of right now 2TB would bring appx 200/month based on the burst mining calculator.

You just fill the 2TB with plot files and off you go.
You can always delete the plot files whenever you want... no need to buy a new drive.

Keep in mind, 200 a month doesn't sound like a lot.
There also was a time when 200 ltc didn't sound like a lot either  Grin

I will NEVER ask for any kind of funds up front in a buy/sale of anything on bitcointalk.

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wmikrut
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December 23, 2017, 05:37:57 AM
 #44

After seeing what happened to Burst a few months back I completely lost any interest. So many better things to mine and invest in.

Yes, a lot of us were frustrated and pulling our hair out.
However, the issue was quickly identified and a solution was deployed in a matter of days.

It was a tough time, for sure, but we got back on track pretty quickly.


I will NEVER ask for any kind of funds up front in a buy/sale of anything on bitcointalk.

BM-2cTFihJKmSwusMAoYuUHPvpx56Jozv64KK
elektrikdinar
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December 25, 2017, 11:26:13 AM
 #45

this coin could be great
mobomofo
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January 22, 2018, 02:53:18 AM
 #46

This is how I look at it. If you have free power, or pay for a full circuit at a datacenter and have spare capacity and cooling, its a no brainer to use the excess space for this. Also, if you have access to a lot of spare/cheap drives this could be pretty cool. But if you set out to design a business model around buying drives, building rigs and paying for power/cooling infrastructure...you would get a lot more heading down the GPU road, especially if this coin tanks out. Personally I have several 3TB spares in my cloud platform that I'm willing to use for burst until I have need for them, but I'm not going to go out and buy new gear to do it. Just like I use my spare CPU power on my desktop to mine ETN. I'm not going to purposely set out to build a CPU mining farm, but since I have 12 cores (24 threads), I can spare 10 cores for 200h/s on ETN without degrading performance. Add to that spare cores on my R810 cloud gear (4x 10 core processors), and I have a lot of dormant CPU being used to generate some extra cash.

Just my $0.02.
tasadar
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February 01, 2018, 11:09:50 PM
 #47

i am a new starter and it is a disappointment for me.

66 tb plot and i get about 50 per day, calculators say 125-150 per day  Angry

whoismoses
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April 22, 2018, 04:47:39 AM
 #48

Making more than I spend on electricity everyday, yes. Gonna make back my investment anytime soon, hell no!

I have 62 tb plotted (optimized) an I get about 85-90 BURST per day right now.

I am on a 0-100 pool POC. I tried a 50/50 pool and made less. It took 4 months to find a block.
coins4commies
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May 02, 2018, 04:08:10 AM
 #49

I have mined an 8TB drive for a few days with no payout. 
I'm using this pool but have no idea how to check if they have attempted payouts or what I have earned.
http://pool.burst-team.us:8080/
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