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RE: How Much Did I Earn? Burstcoin HardDrive Mining
66 US$ per month gross income with mining Burstcoin. That doesn't seem to be a lot, or? With equipment and energy costs subtracted, what do you expect to earn in the first year and second year taking into account lower earnings when difficulty levels are increasing?
$66 per month is the gross amount. For a person starting today the return would be around 2-3 years. I expect the earnings roughly to be about the same monthly as the block reward reduces the price and network difficulty should increase.
Thanks for your feedback. 2-3yrs; that is considerable time!
Yes, but its quite low risk compared to other means. The Hard Drives are reliable and will maintain their value much better than GPUs / Asics. Though I do also GPU mine and it makes a good profit when its done right.