A free socket is every miner’s dream, and in order to save on electricity, the owners of the rigs are ready to do anything. Sometimes employees start mining on enterprise hardware or even bring GPU farms to work. For example, the Internet UA news feed reported on a curious incident at the South Ukrainian NPP. It was like this, on July 10, 2019, during a search by the SBU officers of the offices of the central control room of the South NPP and the station’s security premises, several were found and seized. mining farm, router and other components. The mining installations left a single local network with access to the World Wide Web, which jeopardized the security of the secure facility.
Such actions are, of course, overkill, there are also less radical ways of saving. For example, mining cryptocurrency on a hard drive. Aha, experienced crypto-guards say, running away, mining on hdd has not been profitable for a long time. And in principle, this is how it is, if we talk about coins. BURST или STORJ, but, more recently, a new blockchain network has emerged. BitcoinHD cryptocurrency adopts POC-based HDD mining model. Let’s see how profitable mining BitcoinHD on a hard drive is, what are its advantages and disadvantages.
First of all, you will need hard disks, the larger the usable area, the higher the profit. The motherboard usually has 6 screw connectors, which is not enough for BitcoinHD mining. We’ll have to use special adapters and build a mining farm from several boards with dozens of hard drives.
Recommended hard drive capacity for mining BitcoinHD in solo is 6000 TB. You can work in a pool even for 10 TB, but the profit will be minimal. Your rig should be equipped with a 4-core processor and 8 GB of RAM. A 16TB hard drive consumes only 5W, so a PSU over 750W is unlikely to be required.
Technical parameters of BitcoinHD cryptocurrency:
According to the developers, CPOC (Proof of Capacity) BHD mining should fundamentally solve the problem of huge energy consumption in the Bitcoin network, and permanently eliminate the dominance of ASICs in the mining industry. The CPOC algorithm will certainly be the optimal solution for the Blockchain network, as soon as it guarantees fair and affordable mining in the long term.
Mining BHD cryptocurrency requires large hard disk capacities, it is recommended to select 1 TB as the size of the plotting file for plotting. To receive the full reward for the block found (25 BHD), your BHD wallet must have an adequate balance, which is calculated using the formula 1T = 3 BHD, if the miner receives only 30% of the income, that is, 7.5 BHD from each block.
What software do you need:
Bhd mining launch:
Home Plotting
The next step is very important. There are currently 2 ways to build a hard drive: CPU and GPU. Let’s take a processor as an example.
At the end of the process, the hard drive will be displayed in red, which means that you can start mining. Open up blagominerv.1.170997_hpool20190114 in file miner.conf find “AccountKey“, And enter the API of the selected pool and start the miner.
If you do not have a sufficient amount on your balance sheet, you can borrow money. Cooperative mining is beneficial for rig owners and coin holders. Miners can earn more and BHD holders receive interest. You can also register for an eco-pool, where manners are paid only 30% of the block reward.
At the time of this writing, there is only a local wallet BitcoinHD, it has a mining function with a conditional capacity. You can exchange BHD coin for ETH and USDT on trading platforms Coindeal and BitMart.
4 mines are engaged in the production of BitcoinHD cryptocurrency
It is difficult to unequivocally answer the question of where it is better to mine bhd, the profit depends on the HDD capacity and the amount of money in the wallet.
You can earn bhd using the same miner as Burstcoin (FFM / miner-burst), which makes it possible to configure dual mining of these coins. The awpool service recommends using the program AWMiner-2019.4.22.
The config file looks like this:
{
«Mode» : «pool»,
«Server»: «bhd.awpool.com»,
«Port»: 80,
«UpdaterAddr»: «bhd.awpool.com»,
«UpdaterPort»: «80»,
«InfoAddr» : «bhd.awpool.com»,
“InfoPort”: “80”,
«EnableProxy»: false,
«ProxyPort»: 8126,
«Paths»:[
«D:Burstplots»,
«E:Burstplots»,
«F:Burstplots»,
«G:Burstplots»,
«H:Burstplots»,
],
«CacheSize» : 16384,
«CacheSize2» : 512000,
«Debug»: true,
«UseHDDWakeUp»: true,
«TargetDeadline»: 86400,
«SendInterval»: 100,
«UpdateInterval»: 950,
«UseLog» : true,
«ShowWinner» : true,
«UseBoost» : true,
«WinSizeX»: 76,
«WinSizeY»: 50,
«POC2StartBlock»: 5020,
«PoolAccountCode»: «in put your account key»,
«MinerName»: «»
}
The profitability of mining is determined by the ratio of the capacity of your HDD to the total capacity of the pool, an ordinary calculator is suitable for this. For example, the hashrate of F2pool is 11.00 PB / s, which means that the owner of a 110 TB rig will receive 0.075 BHD, which is equivalent to $ 1. If the miner has 330 BHD on the mining wallet with a full reward, then the payout amount increases to 0.225 Bithumb Global minus 5% pool commission.
It is too early to draw conclusions about the prospects of the BitcoinHD blockchain project. A mining farm with screws instead of gpu is almost silent and consumes little energy, but the equipment for assembly is not cheap. However, the total capacity of the network is 1.29 EB / s. The daily trading turnover of the coin is $ 622,000, both exchanges are in the TOP-30 of the Coinmarketcap rating. It is possible that with the advent of BitcoinHD, mining on hard drives will acquire new perspectives.
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