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RE: Burstcoin Solo Mining Experiment and Monitoring Burst and Ether

in #tutorial-trail7 years ago

I have done burst for a year and it is not profitable. it may look that way at times but when you look at who is running it, everything becomes clear. Adam "Gober" who has been sued by FB for millions of dollars and lost and ran to Canada to avoid paying has control. the coin has been out for a while and has only grown cause of the gambling factor that adam implemented, it has other avenues of use but they have been shut down or abandoned to a slow death. the gambling may sound good but the fact that gambling is the only real use of this coin lends truth to the fact that this coin is going no where fast. But if you don't believe me do your own research.

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I know what happened in burst community, the good and the bad.
I support and love this coin...if they will abandon it...I will run it on my own private servers/pool.

But

Like always I just want to share my experience....there (at this moment) far more profitable coins out there like ether and Monero.
Monero has done a great thing by making a fork to not let ASICs mine it and I respect that.

I had a great time mining it and respect your opinion, like many coins I do not know what will happen in the future with it but as I see it a miner build can be re-purposed to mine another coin:

  • siacoin (hosting/mining)
  • storj (mining)
  • file coin (hosting )
    There will always be new opportunities if someting bad happens to burst and if that will happen I will do my best to help the miner community from burst to find another solutions.
    There is a movement even from my country for burstcoin...and they grown alot...even have a pool there:
    Burstcoin.ro ( I think).