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Hard Drive Mining

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Assessing the current state of affairs, the share of electricity involved in the mining process is approaching an astonishing 1% of the global energy consumption. And even small mining farms are not left out, consuming an impressive 12-15 kilowatts per day, not to mention giant corporations engaged in cryptocurrency mining.

But here’s the interesting part: is it possible to mine without resorting to massive energy consumption? Oh yes, it is absolutely possible when you choose the hard disk mining method. Here, large data stores act as a kind of magnets for cryptocurrency opportunities. This method is not too hyped, unlike video card mining or ASIC mining, but it is gaining popularity among crypto-enthusiasts.

Why bother with the hum of ASIC miners or the fairy fan rustle of video cards? Hard disk mining is like a silent dance of energy. Hard disks work silently, they are more wallet and power grid friendly, and they have significant energy efficiency.

Proof of Capacity (PoC) algorithm

The increased interest in blockchain technology has caused a shortage of graphics processing units (GPUs), and many people have begun to ask themselves, “How can I mine without using a graphics card?” The development of the Proof of Capacity (PoC) algorithm was the beginning of a new crypto mining method known as hard disk drive (HDD) mining.

The PoC hashing algorithm in its essence is based on the ability to efficiently interact with the physical memory of the device. The first stage of this technology is to record variants of solutions to create a new block on the free space of the hard disk, which can be considered a kind of initiation of the process. Once all possible variants are saved, mining on the hard disk begins, subjugating the accumulated solutions.

In addition, there are alternative variations of PoC, including Proof of Storage and Proof of Retrievability. Under these approaches, the computer owner allocates the system access to HDD resources for storage and data retrieval, in return receiving a digital reward in the form of cryptocurrency. This represents a unique mining mechanism in which physical memory becomes a key asset in the earning process.

What is the best way to mine on a hard disk?

In stark contrast to video card mining, the process of hard disk mining dispenses with the need for a large initial investment. Starting this operation is extremely simple and is available for any operating system.

Estimating the profitability of hard disk mining is not always as easy as calculating it with a calculator. In the case of Proof of Storage algorithm, the income depends on the actual used space on your hard drive, while in the case of Proof of Retrievability, the payment is made for the number of downloads.

When assessing the profitability of the Proof of Capacity method, important factors are the utility for creating rafts (plotting), the amount of available memory in gigabytes, and the speed of the device. To calculate the potential income from this method of hard disk mining, the Burstcoin calculator will help.

Best HDDs for mining

Successful hard disk mining requires focusing on devices with a minimum storage capacity of at least 1 TB. Less capacious disks, in this context, do not bring significant profit. The optimal choice of a hard disk drive for mining includes not only its capacity, but also a convincing compatibility with the rest of your system, as well as a reliable warranty period.

It is important to emphasize that the power consumption of a hard drive is not crucial; the focus is mainly on its capacity. Removable SSDs, while mobile, are not the best option due to their high cost.

ModelMemory capacityService lifePower
Toshiba X30010 Tb1 200 000 часов9.92 Вт
Seagate Exos X1616 Tb1 000 000 часов12 Вт
Toshiba N30014 Tb1 000 000
часов
6.65 Вт
Seagate Iron Wolf Pro20 Tb1 200 000 часов8 Вт
WD Red Pro18 Tb1 000 000 часов6.1 Вт
table of best hard disks for miningtable of best hard disks for mining

You have the freedom to choose alternative models, the main requirement is to find a reliable and affordable hard disk (and preferably several at once) with a significant amount of memory. Mining on HDD becomes more convenient if you have a high-speed Internet connection. However, it should be taken into account that when using large mining systems (regs), hard disks may be subject to heat, requiring additional ventilation system.

Which cryptocurrencies can be mined on a hard disk?

  1. Chia;
  2. Signum;
  3. Burst;
  4. Sia;
  5. Storj;
  6. FileCoin.

Chia mining (XCH)

Hard Drive Mining

You may have already heard about the cryptocurrency that has caused a shortage of high-volume storage drives in China. Developers have nicknamed this token “green coin” because its mining uses the hard disk drive (HDD) plotting process, which means that creating new blocks does not consume as much energy as in Bitcoin or Ethereum networks. Let’s take a brief look at how to get started mining Chia.

You will need to purchase at least one large capacity hard disk drive, ideally several at once. If you decide to start with a single HDD, it is recommended that you choose a disk of at least 8TB. If you don’t have that much processing power, it’s worth considering joining one of the 34 existing pools for more efficient mining.

Hard Drive Mining

To successfully mine on Chia, you will need a 1/2TB SSD to act as a temporary file storage before you start plotting. Plotting involves creating special standard-sized sectors on your hard disk where cryptographic tables will be placed to find the hash sum of a new block. The recommended size for a single raft is 108 GB, but you can divide your disk into larger segments.

You’ll need at least 32GB of RAM and an eight-core processor for the efficient process of “plotting” and finding the block. While in theory, outdated hardware with low clock speeds can participate in mining, it probably won’t yield significant returns. DDR4 memory and at least a fifth-generation processor with integrated graphics are recommended. In 2023, Chia miners can also take advantage of Nvidia graphics adapters to optimize processing and reduce overall hardware costs.

To start mining, the software must be installed and a wallet created, available on the official Chia.net website. Mining XCH requires extensive disk space and significant processing power.

After installing the software and synchronizing the wallet settings for the “seeding” (plotting) process. Specify the path to the folder for storing rafts and the directory for temporary files. Set the raft size and number of baskets for temporary files, save the settings and start the process. Once the rafts are completed and synchronized (marked in green), you will be able to participate in the search for new blocks.

If you start mining solo and decide to join the pool, you will not be able to use the already seeded disk space plots. The miner will be connected to the pool through a special NFT PLOTT, participating in mining and creating charts. Unless you have a powerful farm, it is recommended to avoid SOLO mining Chia so as not to waste resources in vain.

Burstcoin

Burstcoin is an innovative blockchain platform that differs from traditional mining methods by utilizing the Proof of Capacity algorithm. Successful and profitable mining on this platform requires a significant amount of disk space and high spindle speed. It is important to have the storage power to effectively utilize Proof of Capacity.

Burstcoin also provides a convenient option to exchange Burst coin for Bitcoin or other cryptocurrencies, making it attractive to a wide range of users. In addition, the Burstcoin platform features support for smart contracts, which expands the possibilities for a variety of auction transactions. This includes not only the sale of electronic assets, but also physical objects, creating new perspectives for a variety of trading operations.

Hard Drive Mining

Selecting and setting up a wallet:

  1. First, you need to download the Qbundle wallet at the following link: Qbundle GitHub link.
  2. Unzip and install this wallet on your computer.
  3. Once installed, enable Burst wallet.
  4. Create your account and be sure to save your mnemonic phrase in a safe place.
  5. Synchronize your wallet with your network.
  6. Go to the Faucets window and get some coins.
  7. Transfer at least 1 Burst somewhere (for example, to the address: BURST-APPT-9MCJ-9UB7-96R5X), otherwise the wallet will not be activated.

Plotting:

  1. Enable the Write Plots feature and specify the drive on which the mining will be performed. Then click “Plots This Drive”.
  2. Determine the size of the rafts to be created and the power to be allocated. If your computer is used for more than just hard disk mining, configure to allocate no more than 50% of the total resource.
  3. Start Plotting (Start Plotting). You will be able to monitor the progress in the XPlotter window.
  4. Note that partitioning is done once, but if the process is suddenly interrupted, for example by a power failure, incomplete rafts will be lost. To prevent this, divide the disk space into sectors.

Choosing a mining pool:

  1. Start the Start mining function and select a suitable pool for mining.
  2. Enter your password and address of your burst client (be sure to have at least one coin in your account) and save the data by clicking the “Submit” button.
  3. If an error occurs, select another pool and repeat the process.

You are now ready to mine Burstcoin.

Examples of configuring run_generate.bat

  • HDD 1 TB;
  • Processor 8 cores;
  • RAM 16 GB
  1. The board is not divided into parts:

C:\Windows\SysWOW64\java -Xmx4000m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate [адрес кошелька] 0 4096000 4096 7 pause

  1. After the separation.:

C:\Windows\SysWOW64\java -Xmx4000m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate [адрес] 0 819200 4096 7

C:\Windows\SysWOW64\java -Xmx4000m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate [адрес] 819201 819200 4096 7

C:\Windows\SysWOW64\java -Xmx4000m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate [адрес] 1638401 819200 4096 7

C:\Windows\SysWOW64\java -Xmx4000m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate [адрес] 2457602 819200 4096 7

C:\Windows\SysWOW64\java -Xmx4000m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate [адрес] 3276803 819200 4096 7 pause

Important: Start mining by launching Start mining. For CPU mining, select CPI/AVX, it is possible to speed up plotting by starting the process on an OpenCL video card. The pool settings have already been made and no repeated actions are required. When everything is done correctly, the monitoring window will appear.

It is important to note that coins are paid out on the Burstcoin platform after reaching a certain amount set by the pool. This ensures more efficient management and distribution of rewards to miners. To speed up the process of “plotting” – creating plots on disk – miners can use a special utility such as gpuPlotGenerator-bin. This tool can be used in place of the built-in miner in Burst onlineWallet, which can lead to improved performance.

There are many materials and guides explaining methods to increase hard disk performance on the Burstcoin platform. However, it should be noted that such tweaks and optimizations require some expertise and skills in mining and computer technology. Experts can tune system settings to optimally utilize Proof of Capacity and maximize the efficiency of the mining process.

SIA mining

SIA mining

On the Sia blockchain platform, users can earn coins by renting free disk space. All you need to do is provide constant access to your storage. The price for providing such a service is negotiated between you and the customer and starts at Sia 200 per 1 TB, but it can be difficult to find a customer if the requirements are inflated.

To set up mining on your Sia hard drive, follow these instructions:

  1. First, download and install the Sia Coin Wallet.
  2. Download the blockchain files needed for synchronization (this process will require a minimum of 6 GB of free space). To speed up synchronization, download the consensus.db file from the Sia online platform and copy it to the C\Sia-UI\sia\consensus folder.
  3. After creating your wallet, be sure to save your seed key and password, and get a wallet address.
  4. Purchase 2000 Sia which will be required to register your capacity on the platform.
  5. Specify the size of your hard disk (minimum 35 GB) in the Hosting section.
  6. Click “Anons” to register on the network. For this action, a certain amount of coins will be deducted to pay for services. When you sign a contract to rent your disk space, a certain amount of money will be withheld as a deposit, which will be returned after the expiration of the file storage period.

You can check the availability of your node on the Sia-Hub or Sia-Pulse platforms.

Storj mining

Storj mining

Storj воплощает в своей работе два фундаментальных принципа: безопасность и конфиденциальность, оперируя в контексте децентрализованной сети криптовалюты. Путем предоставления в аренду свободного дискового пространства, участники сети, такие как клиенты, не только получают вознаграждение за хранение информации, но и за каждое скачивание данных.

В центре концепции Storj лежит идея обеспечения безопасности и конфиденциальности данных в условиях, где хранение распределено по различным узлам сети. Это позволяет пользователям не только эффективно управлять своими данными, но и получать стимул в виде вознаграждения за предоставленное дисковое пространство и активное участие в сети. Эта модель, сосредоточенная на децентрализации и вознаграждении за активность, является ключевым аспектом функционирования Storj.

In order to start mining on the Storj platform, you will need:

  • Having a minimum of 500 GB of free space on your drive.
  • Ethereum-compatible wallet with support for ERC tokens.
  • Static IP address.
  • Configured port forwarding on your router according to the instructions that match your router model.
  • Availability of a time synchronization program.
  • Storj Share client installed.

To start mining on your hard disk, you will need to specify the following information in the Storj utility settings:

  1. The path to the allocated disk space on your drive.
  2. Dynamic domain name (DynDNS), if necessary.
  3. Port of Entry.
  4. The address of your Ethereum wallet.

These settings will allow you to participate in mining on the Storj platform and share your storage disk space in a secure and private environment.

There are instructions on how to run the full node on the official website https://www.storj.io/host-a-node

Mining Filecoin

Mining Filecoin

Filecoin (FIL) is a cryptocurrency specifically designed for use in the distributed data storage provided by the Inter Planetary File System (IPFS) network. Thanks to the underlying IPFS protocol, files hosted on this network are accessible from anywhere in the world without the limitations of firewalls.

FIL tokens were introduced to encourage people to participate in the field of distributed storage. The process of Filecoin mining is to provide free disk space on your hard drive to host data. In fact, Filecoin is a direct competitor to other projects such as Siacoin and a competitor to centralized cloud storage, including Google. Filecoin provides a decentralized storage solution, taking into account the principles of security and availability that define the appeal of this project in the field of distributed storage.

To start making money with Filecoin you will need the following:

  1. A computer with a processor that supports virtualization (minimum 8 cores) such as AMD EPYC, Intel Xeon Scalable, or IBM Power9. 128GB of RAM and an Nvidia graphics card are also required. The graphics card does not do much work, but is used to create SNARK (proof of node trustworthiness).
  2. Enough space on your drive to store the current Lotus data chain (preferably use solid state media). You will need at least 1 TB of disk space on an NVMe drive to store the cache. It is also recommended to have a second hard disk for data storage.
  3. Installed macOS or Linux operating system (Windows is not supported at this time).
  4. Wallet Creation. You can use the Filecoin web wallet, which is available at the link. TRUST WALLET wallet, which supports FIL tokens, is also supported.
  5. Register your own wallet address on the official Filecoin website and link it to the official mining software by following the guide.

To start Filecoin mining, a user will need to deposit Filecoin tokens as collateral to join the network as a storage miner. It will also be required to deposit an amount in excess of the “transaction deposit” each time storage contracts are entered into with customers. This is required to secure the performance of the contract. Details about the pledge are available on Filecoin’s website.

It is recommended that miners have a minimum download bandwidth of 16 Mbps. They can also add or remove hard disks at any time without interrupting the mining process. However, it should be noted that with such hardware requirements, Filecoin mining may not be available to all users and the price of the coin on the market may vary significantly.

Mining Signum

Mining Signum

To start mining Signum (Singa) cryptocurrency on your computer, there are a few steps to follow. It is important to make sure you have the latest version of Java and BTDEX Wallet installed. After creating your wallet, go to the “Mining” section to set up disk space and specify the number of CPU cores to be used for processing.

You can choose to work solo or join a pool directly through the wallet interface. Once the settings are complete, click the “Start Mining” button and the process will start. The reward you receive can be used to place bets, which will help increase your mining income. Detailed instructions are available on the official website of the project at https://www.signum.network/mining.

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