Burst Mining, should you do it?
Absolutely!
I joined the Burst Nation last month, I was curious and started roaming their forum.
At first I wast just trading Burst Coins, but now I started mining them.
Why start mining?
The BURST mining system is unlike any other coin in existence. It is based on using your existing free space on your hard drive, to mine coins. Because of this, it is naturally more decentralized, and very low on power usage. The difference between mining and simply running your computer not mining is so negligible, you will not notice a difference on your power bill. Due to the nature of the mining, and the fact that it is mineable most efficiently and cost effectively mined on consumer grade storage hardware, the coin lends itself to being much more decentralized by design. Everyone has free hard drive space, and purchase of another drive specific for BURST mining, is a very small cost. Since the mining process itself doesn’t take much power (as hard disks only average <5W power, just like charging a mobile phone) it makes sense to mine just because you can.
My little setup
This is a 4TB Seagate External HDD. Costprice €155 ($176)
The plan is to go for atleast 30TB more as I will sell my Burst Coins the moment they rise again (likely to happen soon). Every profit will be used to purchase more space.
You can calculate your profits on this website: http://burstcoin.biz/calculator
If you have any questions, please do not hesitate to contact me!
Very nice piece. I am definitly looking into it.
Great!
Burst mining is great it uses HDD instead of GPU.
Hi mate, I have 1TB and tried many different pools, getting none burst from it. Could you let me know the right pool or something else I'm missing here. :)
You should take a look at IMINEBLOCKS his Youtube channel.
Awesome thank you for this insight... I knew about burst coins possibilities on the market but I never really checked out its mining systems.
Again thanks for the insight Nadeem keep em coming :)
follow me & let's stay connected @mrright
Team work makes the dream work
This is interesting. How much is 1 BurstCoin worth? How much do you earn a month? Is it easy to trade in the BurstCoin? Have you tried any free mining? Could you recommend any free mining online or on a PC? I upvoted, retweeted and followed. Thank you.
You can check the Burst price here: https://coinmarketcap.com/currencies/burst/.
Followed you back @debmund
How to set up Burstcoin on Ubuntu, if you can give me some references, i'm a beginner on linux, Thank you.
I think there are videos on youtube who could help you far more than I ever could. Here is a video that could help you.
I have tried to connect to Burst but I am not lucky. I will buy directly from the exchange but I will resume mining when I know what I am doing.
Your article was very informative and i am doing more research on Burst.
I had 2TB hard drive which is not working, it's just not loading, do you know if it's possible to restore it, or just hard drives die often?
Also I have a question - is there is a sense to setup Burst mining on laptops (I have 2 laptops and iMac) or the number of free space will make very small profit?
And finally the last question, in case I won't figure out how to setup mining, can you do it with Teamviewer ? (I will be able to pay in Burst, or any other method)
I've been having the same issue, but I would look for help on Burstforum or chat.
If you would like to restore the hard drive, you can install a drive deleting program or you can format it.
I've been trying to mine on my laptop with the external hard drive disk. No desktop for me yet.