Tried this for a few days. Calling it quits.
-
@DankMeme , I will say I felt the same as you when I first was introduced to Burst. There are many posts from me on this forum that sound like some of your points. That being said, in spite of the lack of documentation and techy info, I persevered and I feel I have a pretty good handle on what is going on here. I limited my frustrations by using the software/hardware that worked for me. GPU miner, CPU plotter, USB drives, Win10 desktop computers. I don't use the All in One wallet for plotting/mining. Standalone wallets, bat files for plotting. Many here have helped me and I like to think I have contributed as well, @haitch has been over the top helpful, with any and all questions, he never says no. Not sure how he does it :)
-
@rds said in Tried this for a few days. Calling it quits.:
@haitch has been over the top helpful, with any and all questions, he never says no. Not sure how he does it :)
I'm a New Zealander - we don't know the word "no". ;-)
-
@haitch said in Tried this for a few days. Calling it quits.:
I'm a New Zealander - we don't know the word "no". ;-)
You give me $ 100,000 ,)
-
@Energy Okay, when 1 Burst = $1,000,000 :-)
-
In this forum there is everything, I do not win 80K is more I am out of work, I have never invested in stock market, I do not dedicate to the computer my professional sector is the construction, I do not have university studies since I start to work very young, I hardly understand English, and here I am more than 6 months ago.
And if at first it might be complicated but using the forum finder well and asking some questions I have come forward.
If I could you can
-
I feel you, have the same experience when starting with Burst. For a couple of weeks I have a lot of frustration setting up all these procedures but nothing works or , so i stop for a month or two. After that I started from the beginning and slowly I find a way or the easier way to make it work for me.
- I ditch the local wallet/AIO and use the online wallet
- I dont use the GPU Plotter and use CPU plotter instead (wplotgenerator+plot oprimizer) but now we have Xplotter which is way better.
- never run a GPU miner and use the CPU miner instead (Blago's or Creepsky).
Been bursting for half a year since.
-
I've spent $165.45USD in hdd's, 2 x HGST Ultrastar A7K3000 HUA723030ALA640 3 TB 3.5 inch Internal Hard Drive-SATA/600-7200 rpm-64 MB, 1 x HGST/Hitachi (HUA723020ALA641) Ultrastar 7K3000 2TB 64MB 7200RPM 3.5" (Enterprise Grade) SATA III 6.0Gb/s Hard Drive.
http://burstcoin.biz/address/2903638921227146731
First transaction 2017-05-03 15:34:54 (1 month)Total Received 3,502.70 Burst
In one month I've made $61.12USD, exclude a few from faucet to start up, exclude 1,486.22 Burst from a fluke "ghost block". Making 2016.48 burst = @0.00000700 BTC = $35.19USD based off of bitstamps BTC price https://bitcoincharts.com/markets/bitstampUSD.html
Yea, so, it will take me 4 months and 7 days to get my money back that I spent on HDD's. Now this is not including the rise of difficulty.
Rise in difficulty lets say it get doubled, it will take 9 months and 4 days to make the money back I spent on HDD's.
I making a point here that running a PC 24/7 for electric costs + price of HDD's is a loss with burstcoin.
Sure if you already have 1PB that came out your ass, sure you make good money.
-
This post is deleted!
-
This post is deleted!
-
So, I see where OP is coming from.
-
This post is deleted!
-
This post is deleted!
-
This post is deleted!
-
This post is deleted!
-
Hell, if I decide to quit, I have a lot of storage in the long run. Which more storage is good.
All I would have to do is add in 2 more hgst 3 TB hdd's above and raid 1+0 them https://en.wikipedia.org/wiki/Nested_RAID_levels#RAID_10_.28RAID_1.2B0.29
win win I guess. Use it for steam games, OS image backups, cell phone OS image backups, what ever needed to backup.
-
My power company charges $0.1362 per kWh. Good thing I have a killawatt meter I bought back in the days of bitcoin mining and or beginning of litecoin mining.
This is PC up and running and mining Burst of 7800GB

So I decided to pop in my killawatt meter :D
Starting up blago's miner with 7800GB.

Blago's miner idling
117w-120w
Every burst of reading of my HDD's I just sat and watched, hit max of 211w on my killawatt meter.Now, I really don't know how to factor in 0.02kWh to 24 hours 7 days a week 4 weeks a month @ the cost of $0.1362 per kWh by my power company.
Maybe a Albert Einstein here can figure it out for me?
Kinda hard to determine when a blago's miner reads at w/e time to calculate total wattage a reading takes in 24 hours 7 days a week 4 weeks a month.
Edit:
Might as well factor in ISP costs, $85USD a month.
-
@Hitti2 said in Tried this for a few days. Calling it quits.:
Now, I really don't know how to factor in 0.02kWh to 24 hours 7 days a week 4 weeks a month @ the cost of $0.1362 per kWh by my power company.
If we assume your PC is taking 200W then that is 0.2KW
Cost / Hour is 0.2 x $0.1362 = $0.02724
Cost / Day is $0.02724 x 24 = $0.65376
Cost / Month is $0.65376 x 4 = $2.61504Rich
-
This Sux.
I just calculated running my ac unit which specs says it uses 815w, that alone in 31 days is 82.58usdLast year it was 70 a month so my power company raised prices significantly.
My power bill I got yesterday is 80usd for running window ac unit.
Hmm and I'm not running my 300-400w TV any longer as I did last year.
-
@Hitti2 said in Tried this for a few days. Calling it quits.:
I just calculated running my ac unit which specs says it uses 815w, that alone in 31 days is 82.58usd
Don't think that is right. 815 Watts is approx 4 x your PC so cost / Month would be about $10
Rich
-
I think u calculated wrong.
@RichBC said in Tried this for a few days. Calling it quits.:
@Hitti2 said in Tried this for a few days. Calling it quits.:
I just calculated running my ac unit which specs says it uses 815w, that alone in 31 days is 82.58usd
Don't think that is right. 815 Watts is approx 4 x your PC so cost / Month would be about $10
Rich
I think u calculated wrong.
@RichBC said in Tried this for a few days. Calling it quits.:
@Hitti2 said in Tried this for a few days. Calling it quits.:
Now, I really don't know how to factor in 0.02kWh to 24 hours 7 days a week 4 weeks a month @ the cost of $0.1362 per kWh by my power company.
If we assume your PC is taking 200W then that is 0.2KW
Cost / Hour is 0.2 x $0.1362 = $0.02724
Cost / Day is $0.02724 x 24 = $0.65376
Cost / Month is $0.65376 x 4 = $2.61504Rich
Cost / Hour is 0.2 x $0.1362 = $0.02724
Cost / Day is $0.02724 x 24 = $0.65376
$0.65376 x 7 = $4.57632
4.57632 x 4 = $18.30528 a month minus few days as i calculated 28 days a month which a month really is 31 days.



