2TB External Drive: How much can be mined exactly? [NO PRIOR MINING EXPERIENCE!]

  • If a 2TB external drive were bought today, ...

    1. How long could the drive take to plot? Does this plotting occur online or offline?
    2. How much BURST could be mined in one hour? Is this mining also online or offline?
    3. How long would the storage device purchase cost be fairly recovered?
    4. Any other mining tips for someone who is entirely new to the whole concept?
    5. What are the best mining pools you personally highly recommend?

    I thank you in advance for your responses.

    Eager to get started.

  • First off all i would recommand you to read some guids:
    Mining: http://forums.burst-team.us:4567/topic/301/mining-101/13
    Plotting: http://forums.burst-team.us:4567/topic/288/plots-101/6
    Others: https://bitcointalk.org/index.php?topic=731923.0

    1. It depends on your Hardware. If you use your CPU for plotting i would say 1-2 day(s). If you use your GPU your plots are ready in 0.25-1 days.

    2. With 2TB you would make 200Burst a day (~9-10Burst per hour) if you choose the right pool. Mining is online, but needs very low bandwidth.

    3. With this plotsize you will make ~2.10USD a month if you mine 24/7. If you have to pay for the electricity and use your desktop-pc your electricity bill will be higher than your earnings. If your pc is running 24/7 even if you don´t mine you are fine. If your HDD was 50USD, your will make profit after 2 years if the price of BURST does not change.

    4. See the guides on top of this post

    5. With 2 TB you should choose a pool from here (http://observer.ddns.net:1111/) with a high Target-deadline. (pool.burstmining.club / pool.burstcoin.de / burstpool.ddns.net:8080 / pool.burstcoin.eu)