I just made 25 bucks in burst!

Discussion in 'Mining & Cryptocurrency' started by Hitti2, Jun 14, 2017.

  1. Lunas

    Lunas [H]ardForum Junkie

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    i have earned 5k burst in my time doing it ~2.5 mo
     
  2. bluskyh

    bluskyh n00bie

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    I can if it is for 1.2.9
    Let me know how I send it.
    I can upload here, https://transfer.pcloud.com/about.html too, but I need to put your mail there.
     
  3. Gilthanis

    Gilthanis [H]ard|DCer of the Year - 2014

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    So with today's rates, you have earned $34.65 in 2.5 months time. I earn between $1.25-$2.00 / day streaming vids on one server with about 6 VM's streaming one each. Then 7 cell phones earning another $50-$60 a month running a cell phone application streaming vids. A lot less up front cost and a lot better return. Hoping the few BURST I get eventually skyrocket as they currently aren't worth setting up a farm for if you have to purchase anything.
     
  4. Lunas

    Lunas [H]ardForum Junkie

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    And now my 280x is mining nicehash for 1.30 a day in btc. In addition to the 100 burst a day I get from the same machine. And I don't have to watch vids on 8 devices at all in fact I don't even need to be on that pc I can sleep go to work or go do whatever.... I would also hate to see your bandwidth use.
     
  5. odditory

    odditory [H]ardness Supreme

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    No offense but the GPU hashing is irrelevant to the reality of terrible burst profitability. I have a buddy that spent thousands to get 100TB up and running mining burst, spent endless hours tweaking, and has like $90 to show for months of work. He wishes he could hit the undo button on the whole mess, buy 20k burst for $100 and call it a day. Had he put the same into GPUs he'd have made back 10-15x as much in same amount of time.

    There seems to be a lot of denial and wishful thinking among those still mining burst, dreaming that it's the next BTC or ETH, but it's swirling the drain.
     
  6. Gilthanis

    Gilthanis [H]ard|DCer of the Year - 2014

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    Lunas, I don't have to sit and watch ANY of those vids either. They just run 24/7 with very little attention given to them. Also, the VM's making the $1.50-$2.00 per day is a single box. The Cell phones are making an additional which pretty much is doubling what I'm earning and they cost $10 each for an initial investment of $70 (actually less but I'm being gracious) At full load they use like 3.5 watts each, they are a lot more profitable to go with and easier on the electric system as well as less heat. My bandwidth including home internet streaming of entertainment (no cable in my home) as well as 24/7 distributed computing averages between 1TB and 2TB each month depending on what projects I contribute to. If I stopped the DC'ing and maximized my data limit allotment I would actually be earning more and wouldn't have to add any additional up front expense to do it. Matter of fact I would earn more because my electric bills would go down. So, as you may have felt my previous post was an attack, it was not. It was to point out how pitiful the return on investment is when I keep reading more and more people rushing out to buy 8TB external drives thinking they will truly see a return. They might. I hope they do. But for what you are earning, the hardware NEEDS to really be put to use doing other things just as you are doing with mining with the GPU's. IMO buying HDD's to mine is dumb as odditory is pointing out. If you already have the drives powered up, then go for it. But I don't see this being all so great for those without access to an employers data center...
     
    Last edited: Aug 13, 2017 at 3:57 PM
  7. Lunas

    Lunas [H]ardForum Junkie

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    Well i did not spend thousands on HDD or equipment i only spent around 350 and i ended up with 2 4tb drives and 2 3tb drives if i choose to stop mining the burst oh well i have all that space now. Not really enough to want to sell off drives had burst exploded maybe i would have put REAL money into getting a disk array going. As it stands right now burst is on the fence it can still come back from where it is and it can still explode. It can continue to fall or it could stablized...
     
  8. Zepher

    Zepher [H]ipster Replacement

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    Ya, I didn't buy anything either for Burst. I happened to have a couple of new 7200rpm 4TB drives sitting around and some older 2TB drives and slapped them into an old system.
    burst-mine-screen.jpg
     
  9. TordanGow

    TordanGow Limp Gawd

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    We shall see, for sure it's a gamble. It's still unique in that it's the first PoC coin. I put in about $200 on five refurb Hitachi 3TB drives. Maybe I'll make my money back, maybe I won't. I have around 16K burst mined now. I treat it as a bet and a bit of a hobby.

    I also mined BTC early and when it was near break even on AMD 5000 series cards (still using some of them as backups see my sig) and kept the coins. Tons of people on here essentially remarked I was stupid.. blah blah blah.. My family thought it was stupid too... Well, I no longer have a mortgage payment, my bank roll is nice, and I still have over 100 BTC left - after legit paying the tax man. I don't have enough to be financially "free", but it's definitely improved my life substantially and removed some stresses most people have such as "making rent".

    Back to BURST, does the coin have some real challenges, certainly so. I'm treating it as a low risk gamble. Not low risk in that it can't go to zero, but low risk as in I am risking $200 in hard drives and a little bit of power on my bill. $200 lost isn't going to change my life. I'm gambling the coin is going to get pumped and dumped a few times over the coming years and I plan on mining through the lull and selling then, just as I did with BTC. If it works out, sweet, if not, I'm not going to whine about it.
     
  10. Lunas

    Lunas [H]ardForum Junkie

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    with that did you invest some or build out your mining rigs? or did you just mine w/e and let ride...
     
  11. geekebox

    geekebox [H]Lite

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  12. TordanGow

    TordanGow Limp Gawd

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    BTC days were mining rigs.

    Burst, I have it hooked up to my main machine which is always on anyways. I used 3 of those internal SATA to USB drive docks that I had lying around and pointed a small fan at them to keep them relatively cool.

    I'm just going to mine and let it ride, the same I did with bitcoin which I made a good deal on. There is absolutely a very real chance BURST becomes worthless, but I'm relatively confident it's going to get pumped a few times and I plan on making an exit then. Every coin has received multiple pumps.
     
  13. Gavian

    Gavian n00bie

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    Got a new 8TB drive, will definitely put it to use.
     
  14. geekebox

    geekebox [H]Lite

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    Good luck. Let me know how long it took you to plot that 8TB. I gave up after a seemingly 7 day plotting time per drive. I had a bunch of 8TB I had planned on using.
     
  15. Gilthanis

    Gilthanis [H]ard|DCer of the Year - 2014

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  16. Lunas

    Lunas [H]ardForum Junkie

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    7 days sounds like cpu on a shitty cpu...

    My 280x would plot that in 34 hours. optimized just like cpu...

    Also you can actually plot multiple drives at the same time... so it would be 34 hours for all the 8tb drives... Additionally you only need to do it once...
     
  17. geekebox

    geekebox [H]Lite

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    I didnt know about the more than one drive at a time....I tried with my 2600 Intel CPU and then a GTX 760. The GPU was faster but woulda still take me a couple weeks cause I thought I had to do each drive separately.
     
  18. geekebox

    geekebox [H]Lite

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    Both. ill try with my 1080TI next...that should be faster. :sneaky:
     
  19. pclausen

    pclausen Limp Gawd

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    I typically do 3 drives in parallel using xplotter with an E5-2683 V3 CPU. Just under 10k nonces per drive. Takes between 20 (2TB) and 80 (8TB) hours to get all 3 drives plotted.
     
  20. geekebox

    geekebox [H]Lite

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    Another thing that made me cringe was the potential abuse to the hard drives. I just couldn't take new high end drives and put them under the constant abuse of read/write. After I was done mining I would never trust those drives for storage ever again! lol
     
  21. Lunas

    Lunas [H]ardForum Junkie

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    to be fair it is only write once when you plot the rest is all read/seek though you are right no sleep mode...

    i took all my flaky old thumb drives micro sd and old salvage hard drives and made a trash array i added 2 4tb wd externals and 2 3tb refurb hgst enterprise drives...