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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 12, 2014, 08:33:54 PM
in the wallet:
left side - assets exchange
top right add asset button (below navbar menu)
enter the asset id of the purchase ( the pool shares)
etc..


I could use some assistance figuring this out as well.
(purchasing shares, how the 'assets' section of the wallet works)
Your Accounting of shares, payouts etc.

thx


BurstMultipool.com was unexpectedly restarted by OVH and offline for a short time - it is back online now.  Please point your miners and help generate buy pressure.  Completely optimized, automated payouts.

I have also set up the startup scripts so in the future restarts by the VPS provider will result in the pool coming right back online

The pool has issued shares for fractional ownership of it.
Dividends will begin once a portion of the shares have sold.
The asset number is 11375670541237055652
I just bought the first share  Grin

Paradigmflux, am I reading that right?

You are selling 5,000,000 shares?  At the current BURST prices that comes out to 16,700 BTC, or $4,932,500.  Seems a bit high, don't ya think?

You will need to produce almost 5 million dollars with your multipool in order for a share to ROI, right?

New to this asset thing, so let me know if I am misunderstanding.

Hey bro,

There are 5000 shares for sale, for 1000 burst per share.  It would take 5,000,000 burst to buy every single share currently for sale.
All BURST raised from selling shares will be used to buy hosted mining hardware which will be pointed back at the BURST multipool and the proceeds from it will be distributed equally amongst the shareholders.
The dividends will never be issued to the asset issuer, so the profits will be split equally among whoever has purchased the shares so far.

I do the same thing for NXT and have paid out nearly 100k NXT back as a dividend already.  It helps create some buy pressure for the coin, and removes the pool's reliance on independant miners by allowing it to actually run some hardware.


I'd like to buy into this!  Can you PM me back with instructions?

Enter the asset number in your wallet.  You can buy there.  (Asset Exchange is on the left-hand side)

Bought some shares!  Hopefully people jump on this quick so we can get some extra mining done Smiley

Wait wait. You said that the BURST collected will be used to buy mining hardware.

That implies that you will dump the BURST you receive in order to get btc/USD.

So short term super dump, long term, minimal buy pressure?

So i just issued a asset.. for 1000 burst what did i just do? and how would i buy shares ?

http://wiki.nxtcrypto.org/wiki/Asset_Exchange

come on guys, only 25 shares have sold so far.
we need to raise enough capital to actually buy mining equipment.
if anyone wants to buy shares directly with BTC I can arrange to send you the shares in return for BTC (to save us from having to dump the BURST - we can use the c-cex/poloniex FMV to calculate the conversion)
once we have enough capital to actually acquire some miners we will be able to start paying dividends.

Ill take 5 shares but I have no idea how to do it. Make it simple for me. Keep it to the moron level. PM me or post here I don't care.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 12, 2014, 07:40:37 PM
I bought 5, will buy more.

I could use some assistance figuring this out as well.
(purchasing shares, how the 'assets' section of the wallet works)
Your Accounting of shares, payouts etc.

thx


BurstMultipool.com was unexpectedly restarted by OVH and offline for a short time - it is back online now.  Please point your miners and help generate buy pressure.  Completely optimized, automated payouts.

I have also set up the startup scripts so in the future restarts by the VPS provider will result in the pool coming right back online

The pool has issued shares for fractional ownership of it.
Dividends will begin once a portion of the shares have sold.
The asset number is 11375670541237055652
I just bought the first share  Grin

Paradigmflux, am I reading that right?

You are selling 5,000,000 shares?  At the current BURST prices that comes out to 16,700 BTC, or $4,932,500.  Seems a bit high, don't ya think?

You will need to produce almost 5 million dollars with your multipool in order for a share to ROI, right?

New to this asset thing, so let me know if I am misunderstanding.

Hey bro,

There are 5000 shares for sale, for 1000 burst per share.  It would take 5,000,000 burst to buy every single share currently for sale.
All BURST raised from selling shares will be used to buy hosted mining hardware which will be pointed back at the BURST multipool and the proceeds from it will be distributed equally amongst the shareholders.
The dividends will never be issued to the asset issuer, so the profits will be split equally among whoever has purchased the shares so far.

I do the same thing for NXT and have paid out nearly 100k NXT back as a dividend already.  It helps create some buy pressure for the coin, and removes the pool's reliance on independant miners by allowing it to actually run some hardware.


I'd like to buy into this!  Can you PM me back with instructions?

Enter the asset number in your wallet.  You can buy there.  (Asset Exchange is on the left-hand side)

Bought some shares!  Hopefully people jump on this quick so we can get some extra mining done Smiley

Wait wait. You said that the BURST collected will be used to buy mining hardware.

That implies that you will dump the BURST you receive in order to get btc/USD.

So short term super dump, long term, minimal buy pressure?

So i just issued a asset.. for 1000 burst what did i just do? and how would i buy shares ?

http://wiki.nxtcrypto.org/wiki/Asset_Exchange

come on guys, only 25 shares have sold so far.
we need to raise enough capital to actually buy mining equipment.
if anyone wants to buy shares directly with BTC I can arrange to send you the shares in return for BTC (to save us from having to dump the BURST - we can use the c-cex/poloniex FMV to calculate the conversion)
once we have enough capital to actually acquire some miners we will be able to start paying dividends.
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 12, 2014, 06:49:32 PM
has someone a link to the newest GPU files?
(maybe a resource for all downloads would be a good idea?)

24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 12, 2014, 06:34:58 PM
shoot me the link, I'll +1

Aww, no one gave me + trust for overseeing the BURST multipool fund =(
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 12, 2014, 01:18:54 PM
thx

http://wiki.nxtcrypto.org/wiki/Asset_Exchange
[/quote]
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 12, 2014, 12:59:37 PM
I could use some assistance figuring this out as well.
(purchasing shares, how the 'assets' section of the wallet works)
Your Accounting of shares, payouts etc.

thx


BurstMultipool.com was unexpectedly restarted by OVH and offline for a short time - it is back online now.  Please point your miners and help generate buy pressure.  Completely optimized, automated payouts.

I have also set up the startup scripts so in the future restarts by the VPS provider will result in the pool coming right back online

The pool has issued shares for fractional ownership of it.
Dividends will begin once a portion of the shares have sold.
The asset number is 11375670541237055652
I just bought the first share  Grin

Paradigmflux, am I reading that right?

You are selling 5,000,000 shares?  At the current BURST prices that comes out to 16,700 BTC, or $4,932,500.  Seems a bit high, don't ya think?

You will need to produce almost 5 million dollars with your multipool in order for a share to ROI, right?

New to this asset thing, so let me know if I am misunderstanding.

Hey bro,

There are 5000 shares for sale, for 1000 burst per share.  It would take 5,000,000 burst to buy every single share currently for sale.
All BURST raised from selling shares will be used to buy hosted mining hardware which will be pointed back at the BURST multipool and the proceeds from it will be distributed equally amongst the shareholders.
The dividends will never be issued to the asset issuer, so the profits will be split equally among whoever has purchased the shares so far.

I do the same thing for NXT and have paid out nearly 100k NXT back as a dividend already.  It helps create some buy pressure for the coin, and removes the pool's reliance on independant miners by allowing it to actually run some hardware.


I'd like to buy into this!  Can you PM me back with instructions?

Enter the asset number in your wallet.  You can buy there.  (Asset Exchange is on the left-hand side)

Bought some shares!  Hopefully people jump on this quick so we can get some extra mining done Smiley

Wait wait. You said that the BURST collected will be used to buy mining hardware.

That implies that you will dump the BURST you receive in order to get btc/USD.

So short term super dump, long term, minimal buy pressure?

So i just issued a asset.. for 1000 burst what did i just do? and how would i buy shares ?
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 11, 2014, 06:36:17 PM
http://burstmultipool.com/miner

the 'worker stats' page comes up as offline.
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 10, 2014, 04:04:24 PM
+1

another great contribution!

http://burstforum.com/


a lot of complaining...
a lot of demanding...
a lot of asking the same questions over and over...
a lot of whining...
a lot of asking the same questions over and over...


1. Thanks to dev, and ALL those others making web sites, web pages, tools, custom apps, drivers, answering the same questions  over and over etc.
2. People, read the tutorials, search the threads for answers to your questions before you post
3. If You have not contributed anything to the coin or the community, you have no right to demand, complain, or whine.

In it's simplest sense, as someone outside looking in might see -

it looks and sounds like 'we all got something for free' and then are 'demanding and complaining about it'


once again, thx dev and all the contributors.

I want to say a word about #2 there. Its hard to search 400+ pages for something you might miss. I am one of the guys at #1. I posted over 200 posts on this thread alone, helping others.
Someone offered a place to move all this. A place were it can be organized, were new people can find what they are looking for.
Someone made our own forum.
http://burstforum.com/
Otherwise we will have the same discussions over and over again, and the important stuff will get buried beneath tons of posts that can be avoided.

29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 10, 2014, 02:18:00 PM
a lot of complaining...
a lot of demanding...
a lot of asking the same questions over and over...
a lot of whining...
a lot of asking the same questions over and over...


1. Thanks to dev, and ALL those others making web sites, web pages, tools, custom apps, drivers, answering the same questions  over and over etc.
2. People, read the tutorials, search the threads for answers to your questions before you post
3. If You have not contributed anything to the coin or the community, you have no right to demand, complain, or whine.

In it's simplest sense, as someone outside looking in might see -

it looks and sounds like 'we all got something for free' and then are 'demanding and complaining about it'


once again, thx dev and all the contributors.
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.1.0 before block 11800 on: September 09, 2014, 02:05:12 PM
any ideas?

gpuPlotGenerator.exe plots (myid) 7609606 9657606 4096 64

just returns a me to a windows cmd prompt

i tried different values for staggers (1000,4000,8000, 4096 etc.)
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | New multipools on: September 08, 2014, 08:55:19 PM
you're betting confused.
this is not for file\cloud storage. this is mining with unused hard drive space.
once you dedicate space to burst mining, it is not usable for anything else.


I here a lot about burst now. Can you use burst for to replace dropbox?
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | New multipools on: September 08, 2014, 02:03:51 PM
I have some equipment to throw at this as well, particularly the SHA, so I'm also interested in getting this working .


Looking for miners (ASIC ones especially!)
http://burstmultipool.com!
scrypt: stratum+tcp://pool.burstmultipool.com:3333
sha: stratum+tcp://pool.burstmultipool.com:5555
x11: stratum+tcp://pool.burstmultipool.com:4444
Keccak: stratum+tcp://pool.burstmultipool.com:6666
scrypt-n: stratum+tcp://pool.burstmultipool.com:2222


Well done! Everyone hop on the multi pool!!!

I hopped on, but for some reason my Antminers can't connect. I must be doing something wrong, but after reading the instructions a bunch of times, I'm certain i'm correct. I am reading back through to see if my question was already answered, thanks.
33  Alternate cryptocurrencies / Mining (Altcoins) / Re: Help config Burstcoin !!! on: September 07, 2014, 04:50:57 PM
if you cannot run java then that is not a burstcoin problem, you need to figure that out first.

you run coin guide Burst? Simple, easy to understand?
Config .... Please help me, thank
I can't install brustcoin either,the java application doesn't run on my computers.I tried moving it to many PCs no result.And no solution has been provided by them yet
34  Alternate cryptocurrencies / Mining (Altcoins) / Re: Help config Burstcoin !!! on: September 07, 2014, 04:50:22 PM
I can help but page 29 on the thread is where to start.

how many TB hard drive space you have?
to solo mine you will ned 10TB at least.
Otherwise you need to join a pool.


I would like a basic run down on how to get it all setup from scratch.  Very new to this.
35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.0.3 before block 6500 on: September 06, 2014, 04:34:02 PM
absolutely

i have seen it but i don't trust it seen as that is the first post the guy has made. it could contain anything

Someone has to go through the code to make sure it's legit.
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.0.3 before block 6500 on: September 06, 2014, 03:49:49 PM
anyone else seen\tried this:
https://bitcointalk.org/index.php?topic=771063.0
37  Alternate cryptocurrencies / Mining (Altcoins) / Re: Help config Burstcoin !!! on: September 06, 2014, 03:48:56 PM
what you need help with?
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.0.3 before block 6500 on: September 05, 2014, 01:24:08 AM
thx Smiley

me thinks we need a troubleshooting\quirks page...

anyone have a problem with a previously good working wallet and solo miner, now saying 'password does not match recipient'...nothing was changed. only 1 password ever on the pc.
 
If you were using a v2 pool, and want to switch back to solo, you need to set reward recip back to yourself.

New to this whole cryptocurrency thing and I want to get in. I have 3TB free on my computer. Anyone mind explaining how to get into a pool? Please PM me with any information if you don't mind helping a newbie out.

Also, here is my ID since I see new people posting them -  BURST-756S-GA2X-6E2N-6SXT9

Thank you guys.

Follow one of the guides linked in the first post about how to generate plots, but then choose either my v2 pool or uray's pool, and follow the instructions. uray's is probably a little easier to get started at, and he has better instructions posted here. http://burst-pool.cryptoport.io/howto.html

Sent 10 coins.

Thank you, I saw that it came in. I can't even get SOLO to run correctly right now. Everything is formatted the correct files are in, but when I edit run_generate and run it, it clearly doesn't run where as the guide says that it will take a while. There is something wrong in my configuration I guess.

I have wallet up and a server running, any suggestions?
run it from a command prompt or add pause to the next line so you can see the error.
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.0.3 before block 6500 on: September 05, 2014, 01:17:21 AM
anyone have a problem with a previously good working wallet and solo miner, now saying 'password does not match recipient'...nothing was changed. only 1 password ever on the pc.
 
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient POC Mining | Update to 1.0.3 before block 6500 on: September 03, 2014, 06:22:37 PM
can you run solo mining on a remote storage location?
if the miner is invoked locally, to use remote storage as the plot location?

for example - java -Xmx1000m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner mine "http://127.0.0.1:8125" http://myserver.com?

or does the miner exe have to reside on the remote as well?

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