How Do You Mine A BURST
I am glad to present you the first website where you can reach all instant access to the updated Burstcoin faucets at once. Faucets are a good way to start getting burstcoins when you start in the com. Once you've have your wallet running you might wanna start mining!In case you haven't a wallet yet check out this tutorial this will get you to exactly the point. Most seek the safety net of a pool for mining.Running a gpu for hours or days and getting zero coins requires patience.In simple math if you mine any proof. The Official BurstCoin Cryptocurrency Hub; Forum; Help and Support. First of all ask yourselfe this question: How much storage do you have to spare to mine Burst? Burst is built with the blockchain. You do not need slow and expensive banks. You can mine easily with something almost everybody already has in.
Some basics: 1. You can mine solo or in a pool The same result should come out over a long period of time. Dogecoin DOGE Online Mining Free.
However, luck is also included, because if you are unlucky and never find a block you will never get paid. The pool has more miners and it is more likely that one of them is lucky and finds a new block. The reward will be shared to the pool participants. There is a small pool fee for operating the pool, which can be ignored.
Mining does not come free You need a running computer, you need electricity for the computer and the hard disks and you need Internet. Each cost a certain amount.
Burst mining has the advantage, that a standard computer (or just your desktop) can be used. The hard disks are cheap and the extension of a mining set is just adding new hard disks and USB-3.0 hubs. How do we calculate the profitability? What size of hard disk space did you offer for Burst mining?
Go to and key in your Total Plot Size in GB/TB or PB The Mining Calulator will tell you what you can expect per day That amount you put into the Price Calculator at the right and you will learn your daily income in Euro or US$. A computer uses about 200 W (if you are just mining). During your working time the desktop is already used and you do not need to calculate the power consumption during this time for the computer. A hard disk uses power rated by 7 W, whereby this would be if the hard disk is permanently used. Since during Burst mining you are only using the hard disk for reading and only for a short time, we can save calculate with 3 W per hard disk.
If you use your computer 10 hours for working anyway and keep it running 24 hours, then your power consumption for mining would be: Computer:24-10 = 14 hours 14h x 0.2kW = 2.8kWh with 0.1 US$/kWh, this would give you a power bill of 0.28 US$ Harddisk: 24 hours 24h x 0.003kW = 0.072kWh with 0.1 US$/kWh, this would give you a power bill of 0.0072 US$ hardly noticeable!!! My HOME example: I got 8 hard disks, each 3 or 4 TB, total about 27 TB hard disk space At this writing, it brings about 2.82 US$/day.
My computer is running 24 hours anyway, since it is also a server. The power bill for the hard disk is less than 0. Siacoin SC Miner Hosting Canada. 06 US$/day, so I can safe say, I make 2.75 US$ per day.
I use this earnings to increase the hard disk space and so earn next months more and more. It takes about 5 days to plot a 4 TB hard disk, therefore my goal is to increase each week one or two 4 TB hard disks. A side benefit: The hard disks are only plotted (written) once.
If for any reason Burst mining becomes not profitable anymore, then I still can use the hard disks for storage. I see therefore the investments in the hard disks as investments into the future. If you like the post, share it with your friends and social media (just click the social media buttons at the left side.) If you find this article worthy then share some Bitcoins with me: 1PXWTtyAZ5zjrV1PuGGzrZJoJqeZS34g7d.