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Albortz
Sr. Member
Offline
Activity: 420
Merit: 250
Tax Attorney - Investor - Entrepreneur
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June 23, 2017, 02:05:20 PM |
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How do you run your minting operation?
When I use the calculator I would need around 500TB (around 15k$ worth of hard drives) to be somehow usable considering the decrease in coin supply per day and the late entry point (around 80% gone)
I can't just buy 100 x 5TB drives and connect them to a pc right? As i understood from flying over the infos, I need a new processor for each drive meaning a new PC basically?
For sure you can use just one processor to run few hard disks. Why you need 500TB? I understand that it is reward that you expect, or you calculate something wrong.. You can mine Burst even with 500GB or less Of course earning will be little, but it is always better than nothing I used http://burstcoin.biz/calculator to calculate it. If i had 500gb it would generate 6 coins a day thats 0.1$ With 500TB it would generate 100$ which is somehow comparable to the L3+ from bit main. Even more important to go big if i consider, that the reward is lowered 5% every couple of weeks. Grab as many as you can is my understanding in such a case.Normally I would not consider it, but HDD are so stable compared to ASIC miners and I see some potential (even tho Im a couple years late with the reward starting at 10k and now at 1748. What I am worried about is, that after everything is mined, there will not be any reason for the price to go up since there are little RL usages for it. No you don't, one CPU can run multiple drives. I am unsure how far can you go as I never tested, but there are members here running 20 drives off a single CPU with no problems.
Thanks, I must have misunderstood the white paper. I will look into this a bit more
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unsoindovo
Legendary
Offline
Activity: 1932
Merit: 1042
https://locktrip.com/?refId=40964
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June 23, 2017, 02:26:23 PM |
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How do you run your minting operation?
When I use the calculator I would need around 500TB (around 15k$ worth of hard drives) to be somehow usable considering the decrease in coin supply per day and the late entry point (around 80% gone)
I can't just buy 100 x 5TB drives and connect them to a pc right? As i understood from flying over the infos, I need a new processor for each drive meaning a new PC basically?
For sure you can use just one processor to run few hard disks. Why you need 500TB? I understand that it is reward that you expect, or you calculate something wrong.. You can mine Burst even with 500GB or less Of course earning will be little, but it is always better than nothing I used http://burstcoin.biz/calculator to calculate it. If i had 500gb it would generate 6 coins a day thats 0.1$ With 500TB it would generate 100$ which is somehow comparable to the L3+ from bit main. Even more important to go big if i consider, that the reward is lowered 5% every couple of weeks. Grab as many as you can is my understanding in such a case.Normally I would not consider it, but HDD are so stable compared to ASIC miners and I see some potential (even tho Im a couple years late with the reward starting at 10k and now at 1748. What I am worried about is, that after everything is mined, there will not be any reason for the price to go up since there are little RL usages for it. No you don't, one CPU can run multiple drives. I am unsure how far can you go as I never tested, but there are members here running 20 drives off a single CPU with no problems.
Thanks, I must have misunderstood the white paper. I will look into this a bit more pay attention to use the burst profit calculator.. is not so accurate... i have 60tb plot and my income is about 300burst/day... burst network is rising... and diff is skyrocket!!
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bitcoinmasterlord
Legendary
Offline
Activity: 1148
Merit: 1006
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June 23, 2017, 02:28:22 PM |
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Yes, since last 24 hours it is going high and high. I didn't see any news about this coin and it looks like someone is pumping high and high and it may come down. I really didn't understand the reason for this pump. Anyway, I made a very good profit and it this continues tomorrow then I will sell some coins.
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cyberspacemonkey
Legendary
Offline
Activity: 1288
Merit: 1002
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June 24, 2017, 02:20:04 AM |
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My rig does not require any fancy cooling which is also one of the advantages of hard drive mining, I buy more hard drives instead.
Fucking smartass. It's not fancy cooling at all. I have one PC. And with this one PC, the cpu is overclocked to 4.5GHz if you can even comprehend anything about overclocking. In which anyways I delidded the the 3770k which dropped temps from 100c to 80c on load with delidding & watercooling. And now with 2000rpm industrial fans, my next hdd that I plot, my cpu will be even cooler than using 1600rpm fans which are from 2014. Anything else you want to fucking add, cyberspacemonkey? Douchebag comment you made, makes you a fucking douchebag period. Go fucking else where. Whatever man, looks like you have a GPU also which maybe justifies you having to spend extra on cooling specially if you mine with it but you don't really need to overclock a CPU or extra cooling to mine Burst that was my whole point.
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ljconstructionpa
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June 24, 2017, 03:04:21 AM |
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anyone uses WD MY BOOK DUO 16 tb to mine Burst if so is this a good option? if not whats the best option to mine on?
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david123
Legendary
Offline
Activity: 1022
Merit: 1004
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June 24, 2017, 08:22:53 AM |
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Why is the online wallet not working? Is it only me or is someone else also having issues??
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HITTI2
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June 24, 2017, 08:32:37 AM |
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My rig does not require any fancy cooling which is also one of the advantages of hard drive mining, I buy more hard drives instead.
Fucking smartass. It's not fancy cooling at all. I have one PC. And with this one PC, the cpu is overclocked to 4.5GHz if you can even comprehend anything about overclocking. In which anyways I delidded the the 3770k which dropped temps from 100c to 80c on load with delidding & watercooling. And now with 2000rpm industrial fans, my next hdd that I plot, my cpu will be even cooler than using 1600rpm fans which are from 2014. Anything else you want to fucking add, cyberspacemonkey? Douchebag comment you made, makes you a fucking douchebag period. Go fucking else where. Whatever man, looks like you have a GPU also which maybe justifies you having to spend extra on cooling specially if you mine with it but you don't really need to overclock a CPU or extra cooling to mine Burst that was my whole point. Your whole point is fucking stupid. Its a gaming system as well. As there is a reasoning behind the overclock and nice gfx card. Yet again you have no idea about water cooling or cooling period. My card isn't a reference card meaning it cannot be water cooled. Fucking ppl, dumbass's. Dunno how your mother had you...Must have came out her ass.
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Win7x64 Pro, Acer XB240H, Corsair Obsidian 750D Black,DEMCifilter Corsair Obsidian 750D Dust Filter Kit,Delidded i7-3770K OC' d@4.5GHz, F3-12800CL8D-8GBXM, MSI GeForce GTX 960 2GD5, ASUS Xonar D1, Vantec UGT-ST644R, ASRock Z75 Pro3, EVGA SuperNOVA 750 G2 PSU, EK-KIT L240, 2 x NF-A14-FLX Fans, 2 x Samsung 840 Pro 128GB RAID 0 32KB strip, WD Re WD1003FBYZ 1TB,2TB HGST/Hitachi (HUA723020ALA641),2 x HGST A7K3000 HUA723030ALA640 3 TB, Vertex II 60GB,Samsung SH-S223L.
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ljconstructionpa
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June 24, 2017, 12:19:55 PM |
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Why is the online wallet not working? Is it only me or is someone else also having issues??
I cant sync mine eather tried it 3 times. Was going to start mining and investing in this coin but i dont think so. cant download the block chain. you know if there is any zip files you can download of the block chain? im ready to give up
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xizmax
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June 24, 2017, 02:02:28 PM |
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Why is the online wallet not working? Is it only me or is someone else also having issues??
I cant sync mine eather tried it 3 times. Was going to start mining and investing in this coin but i dont think so. cant download the block chain. you know if there is any zip files you can download of the block chain? im ready to give up Usually it is found here https://db.burst-team.us//However, currently I am getting a timeout on that. Perhaps Haitch is getting ddosed again. He should get it up soon though, he always does Try this http://db1.burst-team.us or this http://burstwallet.io/burstcoin-blockchain-download/ in the meantime Additionally, full blockchain download when I last checked was some 36 hours through the network itself.
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Haunebu81
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June 24, 2017, 05:04:30 PM Last edit: June 24, 2017, 05:26:46 PM by Haunebu81 |
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To all those that are looking for the blockchain download - I am maintaining a bunch of mirrors for the blockchain. Will be updated at least once a week, hopefully more. Burstcoin Blockchain DownloadI have also been keeping a list of faucets that are at least "up". That doesn't mean they will always have coins to give out though. The popularity of Burst is increasing so fast, they are usually dry. Remember to donate back to the faucets when you can! Burstcoin Faucet ListGood luck, and I hope this helps everyone a little bit! Can anyone help with my bittrex withdrawal? I keep getting "Invalid". Does anything need to be entered in the "Message" box?
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Hullo
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June 24, 2017, 05:07:16 PM |
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I think this coin is not suitable for me because two times I bought it and after not seeing some impact sold it and each time it went straight up after I made empty my bag. I just can't understand whether it is coincidence or I am not good in market reading. People are making good money out of Burst at least if not me.
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adarwis
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June 24, 2017, 05:18:32 PM |
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I have burstocean coin, is there any cooperation between burst and burstocean, because my Ocean is only change to burst
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ChrisPop
Legendary
Offline
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
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June 24, 2017, 06:36:58 PM |
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I have burstocean coin, is there any cooperation between burst and burstocean, because my Ocean is only change to burst
BurstOcean is not a coin. It is an asset created on the BURST platform and it is currently being transactioned only on the BURST AE(Asset Exchange).
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david123
Legendary
Offline
Activity: 1022
Merit: 1004
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June 24, 2017, 07:46:48 PM |
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Hi i got my online wallet to load and sync can someone send me a burst coin to activate it please thanks you so much
BURST-5QBN-2LCG-EXME-DCRFC
Haha would do so if only I could load and sync^^
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joosep
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June 24, 2017, 08:05:52 PM Last edit: June 24, 2017, 08:18:09 PM by joosep |
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Hi i got my online wallet to load and sync can someone send me a burst coin to activate it please thanks you so much
BURST-5QBN-2LCG-EXME-DCRFC
One burst is on the way. Be careful with burstnazis, they rip you off with their casinos and assets and then send away with naked bottom.
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david123
Legendary
Offline
Activity: 1022
Merit: 1004
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June 24, 2017, 08:18:42 PM |
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Sorry guys, I'm not so much interested in running a local client. So can someone confirm that the online wallet https://wallet.burst-team.us:8128/is not functional and that this problem is persisting for days already andthat nobody of the devs really cares to fix it???
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david123
Legendary
Offline
Activity: 1022
Merit: 1004
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June 24, 2017, 08:26:39 PM |
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Nice, thank you!! Usually I'm a bit hesitant to paste my privkeys into some web page I don't know much about, but I guess burstnation.com is reliable
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