Post
Topic
Board Announcements (Altcoins)
Re: [ANN] -NEW BURST OP- MINE ANY FREE SPACE-(HDD MINING)- ATs, AE, P2P MARKET+MORE!
by
vella85
on 27/12/2016, 21:24:22 UTC
So, some people have bought so called "CCMINER_100TB Asset".
I'm gonna disappoint you, because you will never get your BURST back in full.
Below you can see simple excel calculations with block reward decreasing in 5% every month.
After 5 years you will get only 4 millions  of 6 millions BURST invested.
Writed this to prevent new users from buying his new asset on 1000TB.
I did not include block reward from fee, as i did not include growing difficulty either.
And he get about 1000$ profit from every 100TB asset sold. ( 6000000*0.0000007*900 = 3780. 8TB drive cost 210$ at high. 13*210=2730)

Code:
months monthly reward total investment returned of 6 000 000 BURST
1 209 600,00 209 600,00
2 199 120,00 408 720,00
3 189 164,00 597 884,00
4 179 705,80 777 589,80
5 170 720,51 948 310,31
6 162 184,48 1 110 494,79
7 154 075,26 1 264 570,05
8 146 371,50 1 410 941,55
9 139 052,92 1 549 994,47
10 132 100,28 1 682 094,75
11 125 495,26 1 807 590,01
12 119 220,50 1 926 810,51
13 113 259,47 2 040 069,99
14 107 596,50 2 147 666,49
15 102 216,68 2 249 883,16
16 97 105,84 2 346 989,01
17 92 250,55 2 439 239,55
18 87 638,02 2 526 877,58
19 83 256,12 2 610 133,70
20 79 093,32 2 689 227,01
21 75 138,65 2 764 365,66
22 71 381,72 2 835 747,38
23 67 812,63 2 903 560,01
24 64 422,00 2 967 982,01
25 61 200,90 3 029 182,91
26 58 140,85 3 087 323,76
27 55 233,81 3 142 557,58
28 52 472,12 3 195 029,70
29 49 848,52 3 244 878,21
30 47 356,09 3 292 234,30
31 44 988,28 3 337 222,59
32 42 738,87 3 379 961,46
33 40 601,93 3 420 563,38
34 38 571,83 3 459 135,22
35 36 643,24 3 495 778,45
36 34 811,08 3 530 589,53
37 33 070,52 3 563 660,06
38 31 417,00 3 595 077,05
39 29 846,15 3 624 923,20
40 28 353,84 3 653 277,04
41 26 936,15 3 680 213,19
42 25 589,34 3 705 802,53
43 24 309,87 3 730 112,40
44 23 094,38 3 753 206,78
45 21 939,66 3 775 146,44
46 20 842,68 3 795 989,12
47 19 800,54 3 815 789,66
48 18 810,52 3 834 600,18
49 17 869,99 3 852 470,17
50 16 976,49 3 869 446,66
51 16 127,67 3 885 574,33
52 15 321,28 3 900 895,61
53 14 555,22 3 915 450,83
54 13 827,46 3 929 278,29
55 13 136,09 3 942 414,38
56 12 479,28 3 954 893,66
57 11 855,32 3 966 748,98
58 11 262,55 3 978 011,53
59 10 699,42 3 988 710,95
60 10 164,45 3 998 875,40
61 9 656,23 4 008 531,63
62 9 173,42 4 017 705,05
63 8 714,75 4 026 419,80
64 8 279,01 4 034 698,81
65 7 865,06 4 042 563,87
66 7 471,81 4 050 035,67
67 7 098,22 4 057 133,89
68 6 743,31 4 063 877,20
69 6 406,14 4 070 283,34
70 6 085,83 4 076 369,17
71 5 781,54 4 082 150,71
72 5 492,46 4 087 643,18
73 5 217,84 4 092 861,02
74 4 956,95 4 097 817,97
75 4 709,10 4 102 527,07
76 4 473,65 4 107 000,71
77 4 249,96 4 111 250,68
78 4 037,47 4 115 288,14
79 3 835,59 4 119 123,74
80 3 643,81 4 122 767,55
81 3 461,62 4 126 229,17
82 3 288,54 4 129 517,71
83 3 124,11 4 132 641,83
84 2 967,91 4 135 609,74




I understand where you are coming from however you forgot one thing and that is the price of Burst going up so currently the price is around 64 sats and the people earning dividends from this asset are currently earning that amount in Burst. Now let's say Burst rises in price to say 150 sats then those same people have made 50% more as the dividends will almost likely be the same as it is a mining asset mining Burst. Yes the rewards will getting harder over time but the price of Burst will most likely be a lot more in the future. I hope I make sense with what I have posted lol.