My Burstcoin Mining Earnings Update January & February 2018

I share my Burstcoin earnings for the months of January & February 2018, I talk a little about the recent huge increase in network difficult and how it effects our mining earnings.

I'm often asked about my mining earnings and so I wanted to show you exactly what your earnings are likely to be and hope to set your exceptions closer to reality rather than a rough estimate from the online calculator.

January 103TB Plotted

Burstcoin Price 500sats $0.07 avg
Revenue $436.72 Burst 6238.86
Power Cost $25
Profit $411.72

February 103TB Plotted

Burstcoin Price 325sats $0.03 avg
Revenue $53.90 Burst 1796.9
Power Cost $25
Profit $28.9

Current Prices 23/03/18
Jan 6238.86 x $0.02 = $124.77
Feb 1796.9 x $0.02 = $35.94

Hardware used for the Burstcoin Miner.

5TB Toshiba Canvio USB3 External Drive
US http://amzn.to/25KT4bR
UK http://amzn.to/1UIhJtS

8TB Seagate Backup Plus Hub
US http://amzn.to/2srNAs1
UK http://amzn.to/2ssBkap

8TB Lacie External Drives
US http://amzn.to/2omCjTC
UK http://amzn.to/2pRgZpx

Orico 7 Port USB 3 Hub
US http://amzn.to/2h8LgMg
UK http://amzn.to/2gw6WlI

My Links

Website http://www.imineblocks.com
Facebook https://www.facebook.com/imineblocks
Twitter https://twitter.com/IMineBlocks_com
Instagram https://www.instagram.com/imineblocks
Steemit https://steemit.com/@imineblocks

Buy anything on Amazon
US http://amzn.to/1Ttb8P9
UK http://amzn.to/27P0s71

Please use the link below to make your donation in one of the 65 supported Altcoins. http://imineblocks.com/donations/

Tips are appreciated. Here's my Addresses

Bitcoin:1FFVvaF7A3sjhzX26mNWfuqYKz1CwmEsYh
Litecoin:LUUEfTYzsQU1e86kjiDtkwAYmqReZYAPfs
Ethereum:0x5B905114167C80276AD28A997f606C698547fe40
Burstcoin BURST-N8KB-DKKW-9C4W-AF289
Storj 1PtCzyShTUXwhf63nRqQuxEgLZRkjwu4SK
Dash:XmVpjUbZ12bK4k8E2LnMJeULeUsLcjAyBe
BitSend:iRoCVCDSVTyqqojyybMcbRpFU4HhdosVhP
Decred:DseJxmrkYw3FncKWJoEH9SswdcDPuyi4DZF
Ethereum Classic:0x0927B3ff51BFC3865788aE7ad90246D850c05325
Nexus:2QyTKoWw38qhXZ144gvDuxcMPunquV4o2CLxFTHa4vBUkj1m4Sh
NXT:NXT-VJTM-6E5M-7PZ6-9LSXJ
Stratis:ST6bqKBoGtvtrVnStDjiGkcfh29KhZDMmw
Vertcoin:VkzcFB4qpWta6txy7kjfx6z2pS4VhmmhCn
Zcash:t1QAirDg9e9Gyz1YzWFXvBenjyRQq5iYyxi
Monero:48CbEcFkNVEd2JyZCTW4erduVKsbBEkwd9n791ayUQjVDx12yc3oZjqbV2NaqdSSXa3NcnpZdDCYZSQ92DpoSztY8xqRkuw
  • BURST Coin promotion

    BURST will reach $1 USD very soon remember guys!!!

  • Ben Misrahi

    Did you replot the hds when you took the 8GBs out? Could be why you didn't find any blocks that month

  • Paul Cairns

    Hi Lee/Everyone, Enjoy the videos Lee! I 'm new to burst coin I need one coin to start mining can anyone help? BURST-AW9G-BYKU-AZWL-GXY26

  • Nasdaq trader

    There's a shocking drop in profitability for GPU mining!

  • Joe Pint

    what pool do you use? I was using the http://pool.burstpay.net/ but that pool has had downtime issues and has not been good for us. So we switched over to the 0-100 Cryptoguru pool and it seems to be better for payout at 100 Burst rather the 250, but we are getting lower payout due to so many more miners and difficulty is way higher - so its taking longer to get paid. We are about 50 TB capacity so far on our 100 TB server - still have 50 TB to plot. Once we plot out we want a reliable pool so we dont loose out on down time (we understand network difficulty and pool size differ - just looking for reliability i guess). What do you recommend for a pool for our size?

  • kaliappan muneeswaran

    Thanks for the updateBased on yr video I started miningLet us See how I am doing

  • Mark Seveland

    Seeing the same thing on my end. Sadly the MicroBurst payouts are in the same state. On a happy not though, I've been able to add 2 new GPUs to the farm. It hasn't done much more the give a little boost. Thank you for the update sir. Keep up the good work you do. Oh, also, about the same time your jminer started acting wierd, mine decided to stop working completely. I've had to move back to using Blago. Still acceptable scan times,. But hey, I get to use the gpu for mining ETH. ;)

  • Wheatnuts

    Hi Lee, Good to see you are still BURST mining. I have you to thank for myself getting into it :-) I couldn't help but notice, you are still mining on a pool that is not supporting the Dymaxion. I've been a avid BURST enthusiast for a while now and there are some great changes ahead. I would strongly advise you to change pools to a Dymaxion one. Maybe even vid about the new developments would be useful for others that follow you? Pool info here: https://www.ecomine.earth/burstpools/ Keep up the good work!

  • frederik van duuren

    where do you mine? solo?

  • David Sassoon

    Can I use archive drives ? do slower drives exist ?

  • J P

    The Burstcoin is the Bitcoin 4.0- i missing the global marketing to Burstcoin

  • Schmonkee Shomky

    Too many youtubers taught how to mine using memory via burst. Now, people all over are dedicating a portion of their hard drives to mine. Difficulty has gone up, more miners, less rewarding. Mining has hit mainstream. Everyone thinks it’s “free money” That, coupled with a crypto bear market driving mining payout down, and mining will soon be worthless in effort. Selling GPU and other equipment now is best. Once nvidias next generation of cards come out (soon) mining cards of the 1000 generation will be worth very little. Like the 900 series cards compared to 1000, the 1000 will be so compared to 2000 series. I bought my 1080 ti for 719, sold for well over that (profit) and have BTC as well. Win win. Not selling now when there’s a perfect storm coming is bad imo.

  • AlexNOSAM

    The difficulty rose really high so fast it ridiculous! I followed it with lots of pain. Totally jeopardised my mining ambitions.

  • OnA mission

    eeerrrggg, can someone tell me how to move my BC from bittrex to to bc local wallet? it says invalid... BURST-SZ8P-E5Y9-N8TB-5SPE9

  • adriiPortillo

    In a way this is partially your fault. You have done quite a good promotion for burst, with these excelent videos, so i guess people jumped in the burst train - i did.

  • 1dariansdad

    Thanks for the update. I had plotted 16 of 101TB and I'm now stopping and returning the drives. Good luck miners!

  • Pratik Patel

    RavencoinMining in ethos

  • Tim Schnedler

    Another Great video! thanks for the info,

  • Viktor Nerlander

    Nice video Lee! Harddrive mining is weird. Wonder if Satoshi ever imagined this. Greetings from Sweden!

  • J C

    WHEN WE GETTIN RICH?!

  • TheMissingLing

    Maybe you can correlate it to Linus Tech Tips ( https://www.youtube.com/channel/UCXuqSBlHAE6Xw-yeJA0Tunw ) starting to talk about BURST in January ... they built a sample BURST miner, and have also been using plotting as a simple I/O Benchmark.

  • De Luxe

    Memory speed is quite important for jminer, maybe due to removing a memory stick, you are not using dual or quad channel memory anymore ...

  • Henrik Christensen

    Nice to see you again. More regular videos would be nice.

  • VoskCoin

    Nice update Lee, sad to see the burst price plummet recently but I’m really excited that HDD mining is even an option. Now we just need some more HDD coins to mine!

  • Ehsan Ag

    So you mine with 21 TB hard driver ? based on your description. If not then why making a 10 fucking minutes video and not mentionning how many hatd drives you use?

  • Anomalous

    Hey Lee just built my PC for burstcoin mining using the build list from your previous video but it fails to turn on.I get you really can't help as you cannot see what I've done but can you give me any links to videos which would help me out?

  • joczo97

    Maybe the ram could be your problem,dual channel vs single channel.basically half performance

  • vukken99

    Hey Lee nice videos you got and I particularly like your summary of results for those who have short attention span..now 103TB plotted means your hard drive capacity was 103TB?I am thinking about a 600 TB hard disk Mining gear what your thoughts on this?

  • Sam -mbs-

    Ridiculous, invest in stock market u will gain more than this shit, u buy a dream that have 0.000001% to come true, idiot consumer

  • loves2spo0ge

    What are your thoughts on current market prices, do a vid. Also any other HDD mining you recommend?

  • CryptoDave

    I hit 2 blocks in both Jan and Feb, just one so far in March, certainly a lot different from even 6 months ago. Getting tougher to justify running my burst mining rig, but hopefully if the price gets back to the circa 10 cent range over the next few months it'll still be worth it.

  • cracklingice

    Wow. My February sucked but not that badly. I was about 50% of Jan.

  • Antonin Venzl

    Hi Lee, thanks for great vid. I'm mining 60 TB (in roughly 34 seconds / round) since december, but I did not found any blocks which seems to be really fishy. I did earn roughly ~ 2500 burst in that period (almost 3 months) which is really awfull. (im using burstcoin.ro pool), will it help if I change simply the pool ? Or was it just bad luck ?

  • Bittruth-bitcoin, cryptocurrency, mining, and news

    Nice vid Lee!!!!!!!!

MINING BITCOIN OR PHONE FARMING?!? - Which is more profitable in 2018?
My mining setup! 2018 - 20 dollars a day! Every Day!
Moving the Mining Rigs To The Basement Crypto Mining Farm Passive Profits Ep 151
HARD DRIVE Mining? This is getting ridiculous...
BlockOps Tour of Mid-size crypto mining facility Jan 2018
Building a Mini POS (Proof of Stake) Mining Box. Biostar A68N-5600 ITX
Burstcoin Fork - Plot Conversion Vs Create New Plots. Which Is Faster?
Burst vs Sia vs Storj - Testing An 8TB HDD
What is Burst Coin? John Mcafee pick (Episode 67)
BURST - MINERAÇÃO HD/ FAUCETS/ VÍDEO 1
Why You SHOULDN'T Build A Mining Rig
New Dedicated Mining GPU From Nvidia!
© 2018 Как начать — Майнинг monero, dash на nvidia как начать заниматься майнингом? Все материалы, размещенные на сайте cauchy.mobi, взяты из открытых источников (yandex.ru, google.com, youtube.com и прочих общедоступных ресурсов), принадлежат их владельцам и предоставляются исключительно в ознакомительных целях.