Some basics: 1. You can mine solo or in a pool The same result should come out over a long period of time. 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.

330 Gb free is something real cool. I guess that if you have some wireless USB cards you could setup some Virtual Machines and fill them with as much google drives as you can (25 google drives (considering that you have to be at least one drive letter occupyed for the system disk) will be 375Gb). I don't think that Cloud. Thanks to the unique Proof-of-Capacity consensus algorithm, miners are paid in burstcoins to secure the network. You can mine easily with something almost everybody already has in their possession: free disk space, as opposed to currencies traditionally mined by CPU, GPU or ASIC. Barriers to entry are very low. 6340 related questions. Nov 13, 2014 - All you need to mine Burst coins is: a computer (Windows, Linux, Mac); Internet connection; three programs: Wallet, Plotter and Miner; option: a fast graphic card and plenty of free hard disk space. Let me start with the last one. If you are mining Bitcoins or other Alt coins, you will need heavy (expensive).

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. Start Decred DCR Mining. 82 US$/day. My computer is running 24 hours anyway, since it is also a server. The power bill for the hard disk is less than 0.06 US$/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.

Today I want to show you how to mine Burst coin step by step. Bitcoin BTC Mining Machine. Burst is a coin mined with your free allocated hard disk space. The more free space you allocate ('plot') the more you will earn. Minimal requirement: • windows 7 pc with atleast 10 gigabit free to install burst offline wallet and download blockchain • atleast 1 terabyte internal or external usb harddisk. • If you dont have a wallet already open one here: write down you pashphrase and you burst wallet id • download and install burst offline wallet here: • choose offline wallet at the top, login with your previously created passphrase and wait for the blockchain to fully download (about 7 gigs).

You can download it manually faster from here (updated every 24 hours) replace the files from the zip with the files here: C: Users AppData Roaming BurstWallet burst_db • it should look like this: • select 'write plots' and choos the disk that you want to plot in order to mine with it later: • choose how much free disk space you want to plot from this disk at the top slider and how much cpu cores you want to use for this plot so it will be faster (a plot is a one time process), check run as admin and paster you burst wallet adress it will pop-up a windows like this: notice the progress. Percent at the left of the cmd. It could a take ~2 days for a 1 tera harddisk.

• After the plot is complete you can start mining by clicking 'start mining' on the choose pool menu you need to select a mining pool- select the first one and if you'll have problems later go to next one on the list untill you find a working one. Then you have one last choise: to clock start mining with cpu or opencl (gpu) this is not really consuming recourse from them but still use them for time to time. If you are mining something else then burst with gpu select 'start mining with cpu' and vise-versa. • it should look like this: green is good. Happy mining!!