image source : Google.com
image source : Google.com
WHAT IS BURST COIN & HOW TO MINE BURST COINS.
Burst is a crypto currency that uses the unique algorithm called proof of capacity (POC), which utilizes your hard disk drive space instead of your processor or graphics card to mine BURST.Miners pre generate chunks of data known as plots which are then save to disks.
The number of plots you store is effectively your mining speed. every block the miner will skim through saved plots, and come up with an amount of time until it is able to mine a block if another block hasn't yet been found.
You only generate plots once with your computers' processor (CPU) or graphics card (GPU), making it hardware and energy friendly.
Burst Coin a new form of crypto currency like bitcoin used in the modern world related to the field in terms of Bitcoin. People in the real world are earning money just by Burst Coin mining using their
computer totally free. Basically, Burst coin was introduced towards the community when there were too many restrictions in the mining of Bitcoin either by using machines or your computer hardware
by Servers. Burst coin mining does not uses servers or big advance machines nor the internet, it just uses your hard disk drive, yes you read it write ,your hard disk drive space or capacity.
it all just starts by the simple process written below. but let me just acknowledge you that as there are faucets for bitcoins, Burst coin faucets are their as well. you can earn by those faucets if you cannot handle the mining through your hard disk drives.
for example ,
https://burstcoin.biz/faucet
https://faucet.burst-team.us/
https://faucet.burstcoin.pt/
and many more are there providing free burst coins.
Video Source : Youtube.com & Adam Guerbuez
Burst Miner.
A simple tool required just for mining and nothing else. This is where it all starts.
image source : Google.com
Burst Wallet.
As blockchain.info is working for the bitcoin exchange, burst wallet is here to transfer and exchange your money quite easily . you don't need any higher class knowledge to manage this wallet it just goes with process as you mine, the bursts keep coming to your wallet.
image source : Google.com
HDD Capacity Potential.
As i have said that burst coin uses your hard disk space to mine and this means the more, the merrier and if you can afford to have harddisk drives on large scale on you than you are at the right place.This means every gigabyte (GB) on your hard disk will mine burst coin if you allow it to do so.if you can have 50 terabyte (TB) of hard disk drive capacity then you can mine 3600 Burst coins a day , 25199 Burst coins a week, 107996 Burst coins a month and if you are planning to do it on large scale on server computers with 50 perabytes (PB) which is just too much capacity then you can mine 3599856 Burst coins day, 25198993 Burst coins a week, 107995686 Burst coins per month.
image source : Google.com
Video Source : Youtube.com and IMineBlocks
but to have a hard disk of perabytes (PB) comes too much costly but as the saying goes,
drops of water by the time can confront a whole Sea.
So if you start today then by the time passes you will be able too doing the mining on the large scale.
GOOD THINGS COMES TO THOSE WHO WAIT.
source : Google.com
Plotting Procedure.
download the burst coin software and then create your wallet, enter your name and it will ask you how much gigabyte (GB) to plot for the mining, if you have 2 terabyte of hard drive space then i would recommend you to put all the space in your hard drive but keep in my mind that by doing so it will automatically delete your data in the hard disk, so make sure to keep all the back of your files another place and you can leave 80 to 100 gigabyte (GB) for your computer use if you wish to create a rig just for burst coin mining.You can use your C.P.U if you want fast mining but i would not recommend it because, by doing so you can risk your C.P.U life and warranty. so just leave as it is and voila you have just plotted you hard disk drive for the mining.
image source : Google.com
Mining Procedure.
image source : Google.com
First of all click the faucet as you are new to start the and you will need some burst coins too. Click on the burst faucet and it will give you 5 burst coins.
Then click on start mining and it will ask you to select your plots and a command prompt will pop up and your mining will be started now.
the mining will give you result about passing 24 hours and then your rewards will be added.
this is essential and easy mining with 0 investment.
Rate of Burst coins.
rate can find out by the burst coins calculator , their is no constant rate because we are converting them into bitcoins after mining and that you all know bitcoin rate usually goes up down every day and every month.
current bitcoin and burst coin rates : -
1) 1000 Burst coin = 0.71$$
image source : Google.com
Burst coin Trade & exchange.
Burst coin trade involves the transfer of the of burst from one person or entity to another in exchange for Burst or bitcoins or any kind of money.
Types of trade include barter.
A network that allows trade is called a market and the best market yet here working is Poloniex Exchange for burst coins.
image source : Google.com
This official market provides good and high rates for the affiliates or employees or share holders to transfer their goods at good rate and offers them good money.
To read more about poloniex check the blog by Adgoggleko down below.
http://www.bitlanders.com/blogs/cryptocurrency-exchange-buy-and-sell-synereo-amp-and-other-digital-currencies/5352785
THANKYOU FOR READING MY BLOG.THAT IS ALL FOR TODAY, SHARE IF YOU LIKED IT.
Muhammad Saad -
All images are from google.com and videos are from youtube.com
