Congratulation @mafia07 ! We have found another Mac Miner.
robert
@robert
Posts made by robert
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RE: Mac Users: New to Burstcoin Wallet, Plotting & Miningposted in HowTo's & Tutorials
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RE: Mac Users: New to Burstcoin Wallet, Plotting & Miningposted in HowTo's & Tutorials
@mafia07 said:
Blago miner
Are you using Windows in VMware? Sorry I never tried in Windows( I don't have one :( ). If so then why don't you use the Windows Client version. For windows I think you'll get support here https://forums.burst-team.us/topic/179/quick-guide-to-the-aio-wallet-plotter-miner
You can start again with Mac and let me know in which step you are facing problem.
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RE: Mining on a Mac Proposted in Mining & Plotting
@Rexus You actually don't need to. Open account from wallet.burst-team.us:8125
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RE: There is no mining optionposted in Mining & Plotting
@Rexus try to download from here. https://sourceforge.net/projects/burstwindowswallet/
This post you may find helpful https://forums.burst-team.us/topic/179/quick-guide-to-the-aio-wallet-plotter-miner
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RE: Mining on a Mac Proposted in Mining & Plotting
@digidan I'm mining in macmini. What type of error you are seeing. Can you give some screen shot. I may help you. Thanks.
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RE: There is no mining optionposted in Mining & Plotting
Here you get most of download link along with your asked one http://web.burst-team.us:449/index.php/how-to-mine/
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RE: Should I mine Burstcoin? Is it worth that much? Check out my thought!posted in General Discussion
@bvadams1835 said:
BritVR
I've seen your video on youtube. Yes, keep uploading videos, that'll help new people a lot. It's seems that you gonna be a very serious miner. Thanks.
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RE: Should I mine Burstcoin? Is it worth that much? Check out my thought!posted in General Discussion
@daWallet Thanks for this reply. I liked your view. Yes, if we think that way it's really good.
@luxe Thank you too. Yes, only mining is not all. There are assets, marketplace and more things that can increase the value what we mining.
I love to hear more from this community and I know there are more people coming to Burstcoin and they should know what are they doing. Keep an eye on it. Keep using burstcoin in various way. -
Should I mine Burstcoin? Is it worth that much? Check out my thought!posted in General Discussion
NOTE: Bellow calculations are based on assumption. So please don’t take it seriously or do your math yourself.
Burstcoin Mining difficulties:
For a new one it looks bit difficult to set all nodes together but it takes couple of days for a non-tech guy to set it up and start mining. But it took a week for me to understand plotting and mining in Linux/Mac environment. I started with a Youtube video and finished with almost all of Forum posts. The community is very helpful so anyone can overcome any obstacle to start mining.
Is Burstcoin Mining could be a secondary income?
Honestly, I don’t think so in 2016. Why? Lets see what I got by a case study of myself.
I opened first account(only one) on 16th June 2016. Start mining with 100GB on 22nd June then added another 1TB on 24th June what is my only backup HDD. Till now I got 50 t0 160 Burst per day. Yes, I’m lucky enough to win 2 block what paid me 1,207 and 1,719 Burst accordingly. I wrote a post on Mining on Mac environment and the Admin reward me 10 Thousand Burst(Awesome!!!). I've bought burst-team’s pool’s share(Asset) with all of my Burst and received 113 Burst as profit. Now lets calculate:
With 1TB = 100 Burst per day = Price of 1 TB is around $45 in Amazon.
I’ve seen the price of 1K Burst = $0.19 to $0.32 between these days so to earn(mine) $1 worth Burstcoin with 1TB takes minimum a month as today’s value.
Yes, need 45 months(3.75 years) to earn the money I spend to for my HDD, I didn’t calculate my i3 computer, electric bill and the effort for this time.Don’t be frustrated. If you mine with larger HDD you can get more Burstcoin. But my question is how large?
4 TB internal HDD = Around $130 in amazon
5 TB internal HDD = Around $200 in amazonI see serious miners go with 50 TB worth around $2000.
Let’s assume if 1 TB give you 100Burst/day, is 50TB give 5000Burst? No, more than that because with larger space you’ll win better ratio. How much better? 2 times? 3 times? 4 times? I don’t know. Lets set 2 times. So then what about ROI(Return of Investment)?
Let assume if you mine 50TB then per day you could mine 10,000Burst(is it true? please let us know who mine with 50TB).
10K burst x $0.31(7th Jul 2016 rate) = $3.10/day
$2000(Investment)/$3(per day earning) = 666 days = more than 1 and half years.
And within this time your hardware’s price goes down to half.Do you think you like to invest in such area where ROI take more than 1 and half years?
Do I still want to mine Burstcoin?
Yes, I’m. Why?
- It’s fun.
- Anyway I affected by it, it’s like "fall in love".
- There could be a bright future as some other Hero coin. Though there are lot of dead coins and lot are dyeing.
- (Dreaming) If I can mine Million of Burst this year then I could be a owner of Million Dollar next year.
What’s the plan right now then?
Stop mining with poor 1TB. Work harder to save more money to get a computer and 4 TB(worth $200 where I live) and Keep work harder to increase plot size.
Sell my skill(as a freelancer) by Burstcoin so the community will grow.
Plan to make some Asset to do something good with the community.
Stay tuned.
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So guys it’s not to tell but to hear. Speak loud and let the community know what are you thinking?
-- Happy mining!
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RE: Burst Team Poolposted in Mining & Plotting
@stupendelious Is there any marking by that I could know that the pool wins that round? could you explain the meaning of "winning a round"? thanks