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RE: Burst Mining Rig Upgrade part 3
What are you using @cynetyc? because some months ago i tried to mine burst with some hard disk i had but in my opinion is not profitable mine alone, i heard about some pools but i can't find something useful, what do you recomend to be more profitable? upgrade equipment or be part of any pool?, Regards
That is a very good question @dim753!
I use cryptoguru pool and another pool for beginers is burscoinspace.
It is good to mine in a pool when you dont have so much power like the other users and like this you can have a share from the pool.
This percentage % or share is not fixed as are these cases:
Mind you canot use this strategy anymore...if you have a miner of 100 TB you must go on a bigger pool like burst ninja.
Now imagine if you have that 100 tb miner in a big pool your gains will be huge.
AND finally Mining solo!
Burstcoin dificulty increased as new miners are coming into this environment and mine with 50-100 TB average.
Taking this into account you must have a miner that has over 70 TB to be able to solo mine and have a decent profit.
But
If you have ....almost zero or even zero cost per power (solar panels) in your country then you can mine solo even with 40 TB...the returns will be low but if you don't pay money for electricity then that is not a problem for you.
And finally burstcoin price
If it will continue to grow then your gains ..small or big...they will skyrocket.