[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000

[pinkflower]

I work with the team at HPE and we are currently preparing for our release in the next few months of our Mission Critical Distributed Ledger Technology (DLT). We are going to be showcasing the use of HPE Storage in a cryptocurrency mining enviornment, our drives used to mine coins on the blockchain as a awareness campaign that will be run on television ads and social networks starting in December. I would like to talk with anyone in your community that is mining burst coins and using HP storage products before the final production stage takes place for the campaign.

Thank you.

If you are really from HP then I suggest you message rico666. He is one of the lead developers of Burstcoin and I think their team is looking for partnerships and institutional investments for the Burst project.

I am sure he will be interested on what your company has to offer to create a successful HDD mined blockchain.

[fredericos]

I must say I am impressed with the work of the burst team. I am expecting a healthy return on my investment

[rico666]

I work with the team at HPE and we are currently preparing for our release in the next few months of our Mission Critical Distributed Ledger Technology (DLT). We are going to be showcasing the use of HPE Storage in a cryptocurrency mining enviornment, our drives used to mine coins on the blockchain as a awareness campaign that will be run on television ads and social networks starting in December. I would like to talk with anyone in your community that is mining burst coins and using HP storage products before the final production stage takes place for the campaign.

If I am not mistaken, the user @calandro (in our German Discord Forum: https://discord.gg/HyCqxwn) uses some kind of his own computing center much of which consists of HP storage products - albeit old ones.

Also, some time ago in the official Burst Discord forum (https://discord.gg/2VHBcbk) someone posted pictures of some IIRC HP storage system (again old, bought from eBay) he intended to use for Burst mining.

I think you will have a hard time finding someone using new HP storage systems for  mining Burst. Pricing is paramount and so it's most of the time DIY with some Seagate Archive sh*tty-SMR disks with hopefully $15 per TB cost.

[pinkflower]

If HPE is willing to demo their storage products for Burst mining and prove that they could make it more efficient and lower the cost, then maybe the community would take an interest.

Any Burst miners willing to assist HPEblockchain?

[dodgrad]

I must say I am impressed with the work of the burst team. I am expecting a healthy return on my investment

Any work your developer has in mind, the price I show no progress. You can get more information on this, I will be grateful 

[penoze]

How is burst going handle the competition?
There are more decentralized exchanges where people can easy invest I  fiat,btc,eth.

Does burst have plans for the future to make getaways or something. Making bridges to the burstplatform

[ainsleyfran]

Wouldn't HDD mining destroy the HDD in a matter of days, which would make returns from this kind of investment minimal? I don't even know what this would do to SSDs.

[penoze]

Wouldn't HDD mining destroy the HDD in a matter of days, which would make returns from this kind of investment minimal? I don't even know what this would do to SSDs.

I think mining with an ssd isn't profitable but with mining with an HDD I have the same question in my mind. How long can an HDD live when it's 24/7 working?

[gunmunj]

I have 100TB with cpu optimized HDD but profit is very bad vs GPU mining. Because I paid at least 2 rigs money for HDD mining but I did not get earn

[bitcoin9999]

I have 100TB with cpu optimized HDD but profit is very bad vs GPU mining. Because I paid at least 2 rigs money for HDD mining but I did not get earn

100 tb is  a lot.  how much did you make with 100 tb?

[bitcoin9999]

How is burst going handle the competition?
There are more decentralized exchanges where people can easy invest I  fiat,btc,eth.

Does burst have plans for the future to make getaways or something. Making bridges to the burstplatform

What are the competitors against burst?  storj and who else?

[damncourier]

Wouldn't HDD mining destroy the HDD in a matter of days, which would make returns from this kind of investment minimal? I don't even know what this would do to SSDs.

I think mining with an ssd isn't profitable but with mining with an HDD I have the same question in my mind. How long can an HDD live when it's 24/7 working?

while burst mining for over a year the only drive i have killed was 15+ years old and already had bad sectors.

the amount of wear on a drive from reading 1/4096 of plotted space about every 4 minutes is minimal, optimized plots minimize drive seeks (moving the heads) which helps. destroying drives is best done by thrashing them with a lot of writes, reads and seeks (using them for swap space in a machine with little ram is great for this).

as far as ssds, well rewards are based mostly on plotted size and read time has little affect. so the cost for space being higher for ssds makes them less "profitable" than hard drives.

that being said, given the current network difficulty the roi on buying drives is very long. napkin maths cheap drives being around $20/tb, estimated mining output being 100 burst per month, and at current price easily over 2 years. sure price goes up but so does difficulty.

to me at this moment unless you have spare drives plus a machine already running 24/7, it looks like a better bet to just buy burst off the market instead of spending the next 2 years hoping to mine it. though i suppose resale value of drives would be some hedge on decrease but on increase the resale value doesn't increase.

not trying to shill, i just think sinking money into burst mining right now doesn't make sense.

[carlo_0000]

Wouldn't HDD mining destroy the HDD in a matter of days, which would make returns from this kind of investment minimal? I don't even know what this would do to SSDs.

I think mining with an ssd isn't profitable but with mining with an HDD I have the same question in my mind. How long can an HDD live when it's 24/7 working?

while burst mining for over a year the only drive i have killed was 15+ years old and already had bad sectors.

the amount of wear on a drive from reading 1/4096 of plotted space about every 4 minutes is minimal, optimized plots minimize drive seeks (moving the heads) which helps. destroying drives is best done by thrashing them with a lot of writes, reads and seeks (using them for swap space in a machine with little ram is great for this).

as far as ssds, well rewards are based mostly on plotted size and read time has little affect. so the cost for space being higher for ssds makes them less "profitable" than hard drives.

that being said, given the current network difficulty the roi on buying drives is very long. napkin maths cheap drives being around $20/tb, estimated mining output being 100 burst per month, and at current price easily over 2 years. sure price goes up but so does difficulty.

to me at this moment unless you have spare drives plus a machine already running 24/7, it looks like a better bet to just buy burst off the market instead of spending the next 2 years hoping to mine it. though i suppose resale value of drives would be some hedge on decrease but on increase the resale value doesn't increase.

not trying to shill, i just think sinking money into burst mining right now doesn't make sense.

i agree ,

how long can an HDD live when it's 24/7 working?

where did you see the drive is working 24/24?

running a drive 24/24  it won't die because of that, it s gonna have other problem before it dies of spinning 24/24

otherwise i agree you can't make money  with buying a hard driver for this , even if price was double still need more than 2 years to pay back my 6tb (here in Belgium drives are more expensive, there are taxe on it)  30€ per tera

i hope digibyte will add brust mining as algo
this would be great

[QuintLeo]

Wouldn't HDD mining destroy the HDD in a matter of days, which would make returns from this kind of investment minimal? I don't even know what this would do to SSDs.

 Wear on the drive is fairly minimal - your "days" estimate is crazy talk.
 It would have NO effect on SSDs, flash memory only is damaged by WRITES not reads.

 SSDs aren't a good choice due to their much higher cost per TB vs conventional hard drives - and that is unlikely to change for the forseeable future, though flash HAS narrowed that cap quite a bit over the past decade.

 The only reason I do anything with BURST any more is that the cost of a 3TB drive isn't much more than the cost of "whatever is cheapest" in a machine that needs some sort of drive anyway (trying to run BOINC projects or FAH on a USB "pen" drive is a slow nightmare).


 Hard drives are DESIGNED to spin 24/7 - current "power saving" setups actually hurt longevity of the drive due to the starts and stops being FAR more stress inducing than just letting them spin.
 The amount of seeks for BURST aren't high, especially compared to doing stuff that DOES hammer a drive like "big file server for a company" usage.

[gunmunj]

I have 100TB with cpu optimized HDD but profit is very bad vs GPU mining. Because I paid at least 2 rigs money for HDD mining but I did not get earn

100 tb is  a lot.  how much did you make with 100 tb?

I earned approximately 100$ in 2 months

[carlo_0000]

how comes that 2 wallet have more than 50% off all coins?

[bTee]

Exchanges?

[luckygames]

We would like to announce that Luckygames starts accepting BURST

[carlo_0000]

Exchanges?

polo and bittrex

it s one page 1, even if the display is bad you can click on it

[pinkflower]

Does anyone know the history between the original developers, Burst Nation and the PoCC? I have been observing Burst on Poloniex and I am led to believe that there's a group out there that doesn't want Burst to pump.

Check the trading history and see that someone dumped Burst to BTC.00000069 a few minutes ago just to keep the price down.