Burst mining (mining with a large amount of hashrate for a short period of time) is a bad habit as it negatively effects both you (the miner) and the network (all the other miners).
The difficulty is an exponentially increasing number. It isn't linear. This means that the higher it is, the less profitable it is to mine (you probably already know this). But think that through a little bit more. The difficulty ensures that the network solves one block at an average rate of every 3 minutes. If the total hashrate where 1MH/s, the difficulty would be extremely low, yet the same amount of OMC would be mined. Now if the hashrate were 1GH/s, the difficulty would be very high and the same number of coins would be mined. So why would you pay for 1GH/s, when you could mine at 1MH/s and get the same number of coins? It's essentially a waste of money.
Buy bursting, you are just paying more money to get less coins. You will actually make more money from mining by mining at a low, consistent hashrate. By bursting you will just be reducing the amount of money you make and upsetting the network.
If you want a little more technical reasoning, Doctor Blue summed it up nicely in his post: https://hackforums.net/showthread.php?ti...723&page=2
![[Image: W66x5EC.png]](https://i.imgur.com/W66x5EC.png)
(the amount of OMC mined is on the left, and the hashrate is on the bottom).
It should be quite clear that the more hashrate you add, the less efficient it is, thus the less OMC you will earn.
Also, pools have what is called PPLNS shares. Without getting into details, this basically means that steady miners get more OMC, and those bursting get less.
And if you think that by bursting you will bypass the difficulty and get more OMC, you are wrong. The difficulty is calculated every block. You can't bypass it. And with the upcoming switch to DGW, the difficulty will increase much more accurately, making it even less profitable to burst.
And last of all, if you care about the network / coin, these are the bad effects burst mining has on them:
So please, stop burst mining. It isn't profitable to you or the network. It hurts both of them.
The difficulty is an exponentially increasing number. It isn't linear. This means that the higher it is, the less profitable it is to mine (you probably already know this). But think that through a little bit more. The difficulty ensures that the network solves one block at an average rate of every 3 minutes. If the total hashrate where 1MH/s, the difficulty would be extremely low, yet the same amount of OMC would be mined. Now if the hashrate were 1GH/s, the difficulty would be very high and the same number of coins would be mined. So why would you pay for 1GH/s, when you could mine at 1MH/s and get the same number of coins? It's essentially a waste of money.
Buy bursting, you are just paying more money to get less coins. You will actually make more money from mining by mining at a low, consistent hashrate. By bursting you will just be reducing the amount of money you make and upsetting the network.
If you want a little more technical reasoning, Doctor Blue summed it up nicely in his post: https://hackforums.net/showthread.php?ti...723&page=2
(the amount of OMC mined is on the left, and the hashrate is on the bottom).
It should be quite clear that the more hashrate you add, the less efficient it is, thus the less OMC you will earn.
Also, pools have what is called PPLNS shares. Without getting into details, this basically means that steady miners get more OMC, and those bursting get less.
And if you think that by bursting you will bypass the difficulty and get more OMC, you are wrong. The difficulty is calculated every block. You can't bypass it. And with the upcoming switch to DGW, the difficulty will increase much more accurately, making it even less profitable to burst.
And last of all, if you care about the network / coin, these are the bad effects burst mining has on them:
- You are increasing the difficulty, making mining less (or un)profitable for the regular miners of the network. This causes them to no longer mine the coin and drives them to other coins.
- Since the difficulty and network speed are constantly changing, confirmations either take a few seconds, or they take hours (or longer). This drives users away from the coin.
So please, stop burst mining. It isn't profitable to you or the network. It hurts both of them.
![[Image: wRLtvO5.png]](https://i.imgur.com/wRLtvO5.png)
![[Image: 92316]](https://www.hackthebox.eu/badge/image/92316){kind=icon}