Tried this for a few days. Calling it quits.
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@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". ;-)
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@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 ,)
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@Energy Okay, when 1 Burst = $1,000,000 :-)
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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
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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.
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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.
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So, I see where OP is coming from.
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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.
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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.
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@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
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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.
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@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
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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.
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@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
almost correct, cost per month would be times 30, not 4.
Cost / Month is $0.65376 x 30 = $19.6128according to the calculator (that is always wrong anyway) you should be looking at aruond 2575 burst with 7800gb (AT THIS MOMENT) which is currently good for $45.44 per month. so, still protitable. that said, keep a close eye on your earnings if you are really earning back enough to be able to cover the electricity cost.


