@blah01
I really like what you have done, always wanted to try HDD mining, but for now im sticking to GPU mining.
Can you give us some ROI information?
I really like what you have done, always wanted to try HDD mining, but for now im sticking to GPU mining.
Can you give us some ROI information?
Thank you. Roi is a little hard to pinpoint because of how long it has taken to plot and the changes in the network. Now that I am fully running it will take a little time to really see what I will be generating each month.
Here is my thought though. I think decentralized storage is the future. It can be done at incredibly cheaper prices than the big companies can, and to get the infrastructure built now would give a huge advantage over the years as newer and better technology come out. Burst is probably the most profitable currently, but Siacoin and Storj have some potential, but both have problems to work through as of now. I love the idea of running racks of hard drives and being able to throw some capacity whichever way has a new startup, if it tanks, you aren't out a whole lot, if it blows up, there is huge potential, and I think one of them eventually will blow up and be huge.
yea I certainly am looking for one of the storage coins to come around. There is basically no ROI right now with sia or storj because there is not enough demand. One good thing with equipment investment is you can resell for a good chunk of what you paid, hard drives arent like asics where they become valueless. I shot you pm if you want to get back to me there.
I did see your PM, just replied
I also don't think hard drives are like GPU's either. GPU's still lose value, although slower than ASICS, but hard drives will retain value even longer than GPU's. Storage is getting harder and harder to shrink, so I think an investment would return its value even longer into the future.