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Pool Statistics
Current time: 2015-09-11 22:40:28 UTC
Block: 141,746
Difficulty: 5,810
Est. Networksize (PB): 6.0927501270687
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See for yourself, do you think we should just wait:
Pool Statistics
Current time: 2015-09-11 10:24:48 UTC
Block: 141,565
Difficulty: 7,750
Est. Networksize (PB): 8.1260931326383
Pool Statistics
Current time: 2015-09-11 12:27:44 UTC
Block: 141,594
Difficulty: 7,052
Est. Networksize (PB): 7.3944100609821
Current time: 2015-09-11 14:00:00 UTCBlock: 141,613 Difficulty: 12,973 Est. Networksize (PB): 9.787Did you have a point, or are you doing your best chicken Little impersonation ? Please note your time of writing and what you quote. |
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See for yourself, do you think we should just wait:
Pool Statistics
Current time: 2015-09-11 10:24:48 UTC
Block: 141,565
Difficulty: 7,750
Est. Networksize (PB): 8.1260931326383
Pool Statistics
Current time: 2015-09-11 12:27:44 UTC
Block: 141,594
Difficulty: 7,052
Est. Networksize (PB): 7.3944100609821
Current time: 2015-09-11 14:00:00 UTCBlock: 141,613 Difficulty: 12,973 Est. Networksize (PB): 9.787Did you have a point, or are you doing your best chicken Little impersonation ? It is always amazing, that people who always say they block me, are the first who have something to criticise, ... Good job! Now go back to your room and play with your toys. |
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See for yourself, do you think we should just wait:
Pool Statistics
Current time: 2015-09-11 10:24:48 UTC
Block: 141,565
Difficulty: 7,750
Est. Networksize (PB): 8.1260931326383
Pool Statistics
Current time: 2015-09-11 12:27:44 UTC
Block: 141,594
Difficulty: 7,052
Est. Networksize (PB): 7.3944100609821
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Even if BitLaden and Elmit are right, why fixing burstcoin on force?
I am against it.
Why dont you make your own coin and promote it and preosper on it, I will join for sure.
This is soooo suspicious when you force that hard to change something in the name of community.
BitLaden, you have a knowledge and hashpower, do it, and invite us to join you, not forcing others to change.
There is no force included. Sure it is possible to make another coin. However, if this coin is successful, then BURST is definitely dead. It's up to you if you want to discuss or do something. |
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The last days this thread includes proposals, and counter proposals.
One side says the others are idiots.
In the meantime the coin price is going further down.
You are dreaming of an investor, but you have nothing to convince a potential investor.
If you tell an investor that you have the best product, then he will tell you, that you need a marketing guy.
If you tell an investor that you want to develop some more features, then he will tell you, you should a marketing forecast. If convinced, he might invest.
If you tell an investor about BURST, he might answer what is that?
If you tell an investor about low cost mining, then he might ask and what can you do with the coins?
....
All what we have is a dream! Investors are not dreamers!
You need to prepare some documents, some convincing forecasts.
We hear, BURST is great! - How great? (in numbers, in US$ and why?)
We hear, BURST has features! - Which one? (How do they compare to other coin's features?)
We hear, the value WILL go up, therefore I hold on the coin. Investor gives a damn what the coin is doing in a year, how is it performing in the next two months, what is the plan, ...
If you think in investments of 100 US$, then keep on dreaming. If you think in investments in 100,000s or millions, then you need to prepare GOOD documents, excel sheets and PROOF each number!
It needs also a document how you want to run the funding, how you give them controls over their investment. Why they can trust you.
To put Crow into the front line and say, that his "Trust" on Bitcointalk is higher than others would not be taken serious.
The investor wants to know why he can trust you, as company, as person, as manager, as developer. Do you have a past record to show?
For one of my previous company I got 6 million US$ investment. It needed a half year writing the documents, two different sets of CPAs were involved. Endless meetings. Further you need to be able to answer the future planning, the exit strategy, ...
What do we have? Just insults to each other of not understanding "what I said".
Crow made a start with his document, but not many constructive answers came to his proposal.
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At some point the coins generated will be less than the buying pressure on the markets. From that point on, the price will rise. (assuming we get enough features in, and enough marketing out, that the world wants to use the coin at all)
That is poor baseless dreaming. What makes you sure that such a point will exist, what would create such point to increase the price? What are the features, you are believing would make the world wanting the coin at all?  We do have great features, and still nobody wants the coin! AT, crowdfunding, lottery, assets, escrow, ... I believe only a targeted marketing could bring us to such a point. For this more than two people on Twitter are necessary! I want the coin. I mine and hold bc i see value. i am not alone, not at all alone. even with only the feature set today, the coin could be worth a lot more, if services were built up around it. Also, it is evident that there ARE buyers on the exchanges, so i would assume that lower selling pressure will translate into rising prices at some point. Before bitladen had his 2tb and dumped them, we were above 100 sat. That might be because the miners back then mostly mined and held. Perhaps bitladen is planning to sell his 2TB and buy a lot of burst on the cheap, that is almost the only thing that makes sense reg. what he has done over time. He could not drive the price down much more effectively than he has done. Exactly. He is trying to brainwash us. I understand why Elmit support him. Obvoius troll is obvious, but crowetic? Wake up guys. Don't touch burstcoin fundaments. Get something more to the table than just: I don't want that. Use your brain/imagination, color it if you want, but tell us why you cannot or do not want understand what crow proposes. It makes sense to me what he said, but absolutely no sense what you said. Elmit i don't have to prove you anything. You can write here whatever you want, but my troll detector blocking you right now  You are right, YOU cannot proof to me anything. Yes, I write here whatever I want. There is an old saying: Don't point finger against somebody, because 3 fingers are always pointing back at you. ;-) Elmit How much burst coins you are holding ? Not many, why? What does it matter in this thread? Why should I keep them? How many do you have? |
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At some point the coins generated will be less than the buying pressure on the markets. From that point on, the price will rise. (assuming we get enough features in, and enough marketing out, that the world wants to use the coin at all)
That is poor baseless dreaming. What makes you sure that such a point will exist, what would create such point to increase the price? What are the features, you are believing would make the world wanting the coin at all? We do have great features, and still nobody wants the coin! AT, crowdfunding, lottery, assets, escrow, ... I believe only a targeted marketing could bring us to such a point. For this more than two people on Twitter are necessary! I want the coin. I mine and hold bc i see value. i am not alone, not at all alone. even with only the feature set today, the coin could be worth a lot more, if services were built up around it. Also, it is evident that there ARE buyers on the exchanges, so i would assume that lower selling pressure will translate into rising prices at some point. Before bitladen had his 2tb and dumped them, we were above 100 sat. That might be because the miners back then mostly mined and held. Perhaps bitladen is planning to sell his 2TB and buy a lot of burst on the cheap, that is almost the only thing that makes sense reg. what he has done over time. He could not drive the price down much more effectively than he has done. Exactly. He is trying to brainwash us. I understand why Elmit support him. Obvoius troll is obvious, but crowetic? Wake up guys. Don't touch burstcoin fundaments. Get something more to the table than just: I don't want that. Use your brain/imagination, color it if you want, but tell us why you cannot or do not want understand what crow proposes. It makes sense to me what he said, but absolutely no sense what you said. Elmit i don't have to prove you anything. You can write here whatever you want, but my troll detector blocking you right now You are right, YOU cannot proof to me anything. Yes, I write here whatever I want. There is an old saying: Don't point finger against somebody, because 3 fingers are always pointing back at you. ;-) |
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At some point the coins generated will be less than the buying pressure on the markets. From that point on, the price will rise. (assuming we get enough features in, and enough marketing out, that the world wants to use the coin at all)
That is poor baseless dreaming. What makes you sure that such a point will exist, what would create such point to increase the price? What are the features, you are believing would make the world wanting the coin at all? We do have great features, and still nobody wants the coin! AT, crowdfunding, lottery, assets, escrow, ... I believe only a targeted marketing could bring us to such a point. For this more than two people on Twitter are necessary! I want the coin. I mine and hold bc i see value. i am not alone, not at all alone. even with only the feature set today, the coin could be worth a lot more, if services were built up around it. Also, it is evident that there ARE buyers on the exchanges, so i would assume that lower selling pressure will translate into rising prices at some point. Before bitladen had his 2tb and dumped them, we were above 100 sat. That might be because the miners back then mostly mined and held. Perhaps bitladen is planning to sell his 2TB and buy a lot of burst on the cheap, that is almost the only thing that makes sense reg. what he has done over time. He could not drive the price down much more effectively than he has done. Exactly. He is trying to brainwash us. I understand why Elmit support him. Obvoius troll is obvious, but crowetic? Wake up guys. Don't touch burstcoin fundaments. Exactly this. He(and most likely many more) are cloudmining and because low price it is now unprofitable so he(they) wants to increase reward so he(they) can start cloudmining again and dump for easy money.. increasing reward doesn't attract new miners - whoever said that is just plain dumb. You should start to read your own answers. Didn't you argue, that the price would go more down with a higher reward? So what now? Flip the coin and make up your mind. Fact is that we have no developer, no USED features, no PROMOTED features, a couple of thinkers who are not able to think beyond their breakfast. GET UP OF YOUR CHAIR and do something. Price gone down to 26, while we speak. Pool StatisticsCurrent time: 2015-09-11 10:24:48 UTC Block: 141,565 Difficulty: 7,750 Est. Networksize (PB): 8.1260931326383BURST.MiningHere.com Pool balance: 61,495 Registered Miners: 281 burst.ninja Pool balance: 18,944 Registered Miners: 405 burst.poolto.be Pool balance: 4,625 Registered Miners: 255 cryptomining.farm Pool balance: 189,407 Registered Miners: 1,863 DevPool v2 Pool balance: 590,803 Registered Miners: 556 mining.tompool.org Pool balance: 277 Registered Miners: 56 pool.blago Pool balance: 0 Registered Miners: 114 pool.burstcoin.de Pool balance: 25,689 Registered Miners: 121 pool.burstcoin.it Pool balance: 38 Registered Miners: 55 |
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At some point the coins generated will be less than the buying pressure on the markets. From that point on, the price will rise. (assuming we get enough features in, and enough marketing out, that the world wants to use the coin at all)
That is poor baseless dreaming. What makes you sure that such a point will exist, what would create such point to increase the price? What are the features, you are believing would make the world wanting the coin at all? We do have great features, and still nobody wants the coin! AT, crowdfunding, lottery, assets, escrow, ... I believe only a targeted marketing could bring us to such a point. For this more than two people on Twitter are necessary! I want the coin. I mine and hold bc i see value. i am not alone, not at all alone. even with only the feature set today, the coin could be worth a lot more, if services were built up around it. Also, it is evident that there ARE buyers on the exchanges, so i would assume that lower selling pressure will translate into rising prices at some point. Before bitladen had his 2tb and dumped them, we were above 100 sat. That might be because the miners back then mostly mined and held. Perhaps bitladen is planning to sell his 2TB and buy a lot of burst on the cheap, that is almost the only thing that makes sense reg. what he has done over time. He could not drive the price down much more effectively than he has done. Exactly. He is trying to brainwash us. I understand why Elmit support him. Obvoius troll is obvious, but crowetic? Wake up guys. Don't touch burstcoin fundaments. Get something more to the table than just: I don't want that. Use your brain/imagination, color it if you want, but tell us why you cannot or do not want understand what crow proposes. It makes sense to me what he said, but absolutely no sense what you said. |
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Okay, what if we make the following modifications...
1. The cap stays, but coins are added to its total.
2. Rewards are still raised, and decline in reward is lowered. Reward goes to 15k/block now, and reward decline changes to match bitcoin's halving times, by going to 1.455% per month.
3. Transaction fees go up too, minimum goes to 2 or more BURST per transaction, until we believe we can lower it again when there are many more transactions in the network.
This gives incentive for miners to jump back in now and make network bigger again, during this we work our asses off and get the market mods done, mixer AT integrated, etc. Make the market browser better with categories and searchable, etc. Hire a PR company to promote the decentralized market, and get many more users to it.
Get more assets up and running, and work hard to get investors at the same time.
WHAT? Can you tell me, how "up Reward goes to 15k/block" will be help to up the price ? Miners come again... mine and dump it by lower price. This is stupid plan! Agree with You. Everyone see that, but we have here 1-2 person with lot off hashpower who wants to dump it and make more profit. You need to start to think out of the box. Where are we now with the coin? What do we want? How can we achieve it. It is way too easy to say: I don't agree. Bring your suggestions to the table and tell us why! |
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At some point the coins generated will be less than the buying pressure on the markets. From that point on, the price will rise. (assuming we get enough features in, and enough marketing out, that the world wants to use the coin at all)
That is poor baseless dreaming. What makes you sure that such a point will exist, what would create such point to increase the price? What are the features, you are believing would make the world wanting the coin at all? We do have great features, and still nobody wants the coin! AT, crowdfunding, lottery, assets, escrow, ... I believe only a targeted marketing could bring us to such a point. For this more than two people on Twitter are necessary! I want the coin. I mine and hold bc i see value. i am not alone, not at all alone. even with only the feature set today, the coin could be worth a lot more, if services were built up around it. Also, it is evident that there ARE buyers on the exchanges, so i would assume that lower selling pressure will translate into rising prices at some point. Before bitladen had his 2tb and dumped them, we were above 100 sat. That might be because the miners back then mostly mined and held. Perhaps bitladen is planning to sell his 2TB and buy a lot of burst on the cheap, that is almost the only thing that makes sense reg. what he has done over time. He could not drive the price down much more effectively than he has done. I am not convinced ;-) Why do you want the coin? The price is dropping, you cannot buy many things with it, you cannot use it - So why do you want it NOW? If I look at the exchanges, there is an order book for buying of 1.68 BTC on Bittrex and 4.35 BTC on Poloniex, BUT there are sell orders of 1108 and 64 BTC. I see that not as a great buying. I can not see a proof of your argument that BinLaden moved the price down. Can you? Miners are not investors, they need to pay the bill and will always do that with the mined coins! |
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I cannot see how this could work.
A company would include REAL persons, but here are only anonymous.
Investor would deal with real company only, but there is nothing, but marketing people. No developer. I see no chance that somebody would invest in such a construct.
The investor would also demand some profit in return, however, the tech guys are not there and without the marketing guys are story tellers.
The money would go to the marketing guys and how would it end up in the opensource community?
Look at Bitcoin, now there are real people, ...
A burstcoin company has accounts as owners, mostly, people control the accounts. investors will have documented ownership via the burstcoin blockchain. The proof is on lots of computers around the world. Much more safe than a word document company register at a lawyer or an auditor. the company formation is something like this 0) management decides how they will compensate themselves, smart move would be compensation via company shares, and of course $$ payback of any outlays there might be 1) describe the idea, determine how much mkt. cap the initial offering should raise 2) contact investors, sell shares, put in existing assets from management to get shares to management 3) now you have money and income generating assets, so time to figure how to hire developers to do new stuff, as cheaply as possible. Investors know they own the income generating assets, and they know the company has a lot of money to make things happen quicker than individuals or people who first need to find money. I'm sure you can find some people if you are well connected. I would aim for $1M marketcap and i would put in the bylaws that at most 1% of the marketcap can be spent every month, so investors know the money stays and they can sell again at a reasonable price. Company should also agree to do monthly informal accounting, so investors and traders know what happened, what is the current NAV, what is in the budget. Company is clearly for-profit, and it is just a lucky side-effect that the company will also grow BURST with services and features - and when needed, help the community with organizing stuff. Coin is clearly open source, voluntary and decentralized. company should not dictate anything coin-tech wise unless it can gain almost universal acceptance. even non-company shareholders should love the company for what it do and the valuable services it provides. If I would be an investor, then your words did not open my wallet ;-) |
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At some point the coins generated will be less than the buying pressure on the markets. From that point on, the price will rise. (assuming we get enough features in, and enough marketing out, that the world wants to use the coin at all)
That is poor baseless dreaming. What makes you sure that such a point will exist, what would create such point to increase the price? What are the features, you are believing would make the world wanting the coin at all? We do have great features, and still nobody wants the coin! AT, crowdfunding, lottery, assets, escrow, ... I believe only a targeted marketing could bring us to such a point. For this more than two people on Twitter are necessary! |
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I like the company idea, but wouldn't we end up in pretty close to the same situation with the need for investors?
You need to convince investors that the company will make money down the line. If the investors can buy BTC and not really have to fiddle with BURST, you have a somewhat larger audience, however their asset holdings should probably be registered in the BURST chain,so an investor would need help to have a wallet established with a secure password that has not been leaked. ( or a thief could move the assets off the account ) The great thing about the company is that the company is seperate from the core dev group. The core dev group can still make sure BURST is stable and true to whatever the larger group of users want. The company owners can speed up development of services and whatever BURST stuff is needed to establish such services, and make money off the products. Company could also run mining pools or websites related to burst, if the company thinks such websites could be profitable, or somehow raise the burst price enough to warrant development. Suppose the company developed file storage in burstcoin. The dev team would then still have the final say about if and when the file storage stuff is relased in burstcoin, but the feature is done, and the company will be first in line to profit off such a feature, as the company has the best tech insight, and have had time to develop ways to profit from the new infrastructure. The company might release a file storage mining pool close to day 1, and offer to lease the source for the pool to other people who want to own a file storage pool. revenues from FS pool and lease to others could then over time generate a nice ROI of the company money spent on software development. Suppose the company developed coin anonymization support in BURST. as soon as the new version was released, the company would have a website ready and be marketing it to users. Company would have a head start with the stuff it sponsors, as it has the knowledge and of course it might have had influence on the feature set so that the capabilities match well with company needs. With a good story, and with marketing both inside and outside burst community, you might have an easy sell. Basically, funding a company that will drive development of services and products that utilize BURST, a company dedicated to grow and make money by being first mover in new technologies. Opportunity for shareholders to get in at a low price, in a company that could be a major player in select areas like encrypted anonymouse file storage, areas like crypto finance, areas like automated transactions - bleeding edge stuff.. The more I think about it, the more I like it, and I would very much enjoy setting up and running something like this. There would be need for initial investment for promotion and I could do as much twitter and forum promotion in various areas of this forum to promote it. Do you think this would have to be another separate company completely? Or could I wrap it together as part of my existing company something like I did with ByteEnterprises? The whole thing I keep thinking about though, is the idea that we'd still be in need of investors, however, it shouldn't be THAT hard to find people who'd be more willing to invest in a company than a particular coin, even if that company is working almost solely for that particular coin's technology. The company wouldn't necessarily be fully limited to that coin either. If there WERE a clone that came out, said company would be most likely interested in that as well, as the technology would be available there as well. very interesting. I wonder if this could be something I could make happen. One thing though, is that the stuff we're working with is open source, so what would keep others from just ripping off the ideas we paid to have developed and doing it themselves? Not quite the same as the company you formed for the idea you mentioned. Looking for external funding, a version of this has been the search for seed money from angel investors and early stages venture capital firms and establish contact over Twitter that Karl Perkins and I have been working on for a while, and I informed you, crowe, about. Recently something new started to happened: "they" have started to find us too, and not just the other around. But as I said: investors want something. Seed money does necessarily need to be in the form of money, as when they leave the process, the company is really small (and luckily replaced by more established VCs), but they want some in return for that initial investment: shares, representatives, advisers, etc. This area of funding attract a great deal of crowdfunding companies too. You can have a look at my Karl resp. my Twitter (we have also worked with anonymous accounts which I wont name here): https://twitter.com/YepOnlyOnehttps://twitter.com/karl_perkinClick on Followers and Following. I cannot see how this could work. A company would include REAL persons, but here are only anonymous. Investor would deal with real company only, but there is nothing, but marketing people. No developer. I see no chance that somebody would invest in such a construct. The investor would also demand some profit in return, however, the tech guys are not there and without the marketing guys are story tellers. The money would go to the marketing guys and how would it end up in the opensource community? Look at Bitcoin, now there are real people, ... |
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We have up to 3 USB-3 hubs cascaded, works fine, because the disks are read sequently. Linux is a good choice, I do the same. What are you actually looking for? I use screen or tmux to get the most out of it. I use in one window, the wallet, the miner: cd mv burstminer.log burstminer-2015-07-03=15-58 cd burst/burst-miner-r4/ ./burstminer | ~/bin/prepend-date>> ~/burstminer.log in the next window: tail -f ~/burstminer.log | ~/bin/color-output with ~/bin/prepend-date: #!/bin/sh while read LINE; do echo "$(date +%F\ %T): $LINE" done and ~/bin/color-output: #!/bin/sh sed -e 's/\bsuccess\b/\x1b[01;92m&\x1b[0m/' \ -e 's/\bdays\b/\x1b[01;91m&\x1b[0m/' \ -e 's/\b\confirmed\b/\x1b[01;94m&\x1b[0m/' That works fine for me. http://burst.mininghere.comThank you, I like your little prepend script... Annnnnd, I was going to write a wrapper to output via rsyslog, but I think you just made me lazy... I like it.  Anyway, my biggest problem is the disks... I can't see any evidence that they are read sequentially. I have 64 plot files, of 50G each, spread evenly across the disks (16/disk). And, from what I can tell, watching the disks IO, just looking at the lights, or even the seemingly random order of the "plot read done" statements the miner outputs... It seems to spin up all 64 plot files at once. That leads me to yet another related question. Filesystem formats. When the box in basically burning itself up in "IO wait land", I notice the mount ntfs-3g process is eating up the cpu (not shocking considering it's seeking on those disks) So obviously I haven't given the disks native linux filesystems; have you found any greater performance formatting the disks ext4 or something? If you look at the mining log output, you will se, when the plots are read, also the lights go out sequentially. ntfs-3g is annoying, but there I was too lazy to format it differently. Well. I did on one machine to ext4, but it had then less capacity. I was told that's because of the journalling system. We don't need to backup. If the disk is broken, plot it new! Therefore journalling system is also not necessary. I left it then on ntfs. I put into /etc/fstab: LABEL=SG-17-4T /media/ronald/SG-17-4T ntfs-3g defaults,nosuid,nodev,locale=en_US.UTF-8 0 0 LABEL=SG-18-4T /media/ronald/SG-18-4T ext4 defaults,nosuid,nodev 0 0 LABEL=BU-19-4T /media/ronald/BU-19-4T ntfs-3g defaults,nosuid,nodev,locale=en_US.UTF-8 0 0 These three lines show in a sequence different disks (different brand name of disks = Seagate/Buffalo), sequence of disk (17~19) and capacity of disk (4T) and file system With that in place the disks are mounted always the same way. |
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hiya folks, it's me again with another random technical question...
So, I've got myself 4T spread across 4 disks, and I've plotted and optimized and such (3.2T worth of nonces), and I'm mining away happily on cryptomining.farm using Uray's miner r4. In the past, I had no problems getting dcct's plotter and optimizer to work, but with a few different pools, I was unable to get the dcct miner to work, thus why I found myself using Uray's miner. Uray's miner is working ok, BUT, I've organized my disks into 50G plotfiles (16 files per disk), and when it gets a block, it seems to try to read all plot files across all disks at once, basically blowing up all disks at once, and making the machine put up massive load averages, while just basically waiting for IO. (I was using an old thin client, turned low power "server" to mine, but to try to help this, I'm now mining on 8 threads/4G RAM dedicated to the miner, and it's still melting whatever box I mine on)
So, I guess my question is there any way to make Uray's miner read the plots sequentially, or one disk at a time? Or, do any of the other cpu miners out there do that? It would seem I could get the same sort of speed per round, without beating the crap out of my machine that way...
I can't be the first to observe and/or request this, right?
Thanks.
I recall that if you specify the drives as C:\+D:\+E:\ it will read the drives sequentially instead of simultaneously - but I don't recall if that was the native miner or one of the third parties - probably Blagos. Thanks! Well, except that I'm running Linux (I don't do windoze, personally or professionally), soooo anyway, no drive letters. The disks are mounted as such... (df -h output) Filesystem Size Used Avail Use% Mounted on /dev/sdf1 932G 801G 132G 86% /media/usb_drive0 /dev/sdg1 932G 801G 132G 86% /media/usb_drive1 /dev/sdh1 932G 801G 132G 86% /media/usb_drive2 /dev/sdi1 932G 801G 132G 86% /media/usb_drive3 I'll work on giving some other miners a shot, and we'll see if I get any different results. And please understand, I'm not bitching, it's actually working great, on my existing disk, I'm averaging like 600+ burst per day. I'm just trying to improve this ugliness (you can really see where I went from optimizing to mining below), and hopefully not sacrifice good equipment by cooking it on the quest for burstcoin...  seems a bit much in terms of load... No? Oh shiney! Another question or two... my disks are all USB, not ideal, but I got the disks for free, so beggars can't be choosers. The 4 1T disks are USB3, and plugged into a single USB3 hub. The server in actually has enough USB3 ports to plug in all 4 disks directly. Considering the hypothetical speeds of USB3, should that matter? Or, should I see greater performance if I plug all the disks directly into the box in your collective experiences? And lastly, and I apologize for this if it's been answered or documented, but my attempts at finding this have proven fruitless thus far... This question is for both the "standard" version of a mining pool for burst (I think that's Uray's V2, if I remember correctly), AND for the wallet/lockchain itself... API? RPC? Logfile?? Meaning, is there a methodology to query metrics about my mining? balances? transactions? etc. etc. I'd settle for launching the miner and wallet with a ">>" into a file, if burst echoed anything with friggin' timestamps!! I'm a *NIX nerd by trade, and the wallet being written in java, AND the pool software seemingly not wanting to make a lot of standard information metrics available easily has been somewhat frustrating for me... I realize I'm the opposite of most, but I NEED my CLI damnit! Thanks again. And sorry to ramble. We have up to 3 USB-3 hubs cascaded, works fine, because the disks are read sequently. Linux is a good choice, I do the same. What are you actually looking for? I use screen or tmux to get the most out of it. I use in one window, the wallet, the miner: cd mv burstminer.log burstminer-2015-07-03=15-58 cd burst/burst-miner-r4/ ./burstminer | ~/bin/prepend-date>> ~/burstminer.log in the next window: tail -f ~/burstminer.log | ~/bin/color-output with ~/bin/prepend-date: #!/bin/sh while read LINE; do echo "$(date +%F\ %T): $LINE" done and ~/bin/color-output: #!/bin/sh sed -e 's/\bsuccess\b/\x1b[01;92m&\x1b[0m/' \ -e 's/\bdays\b/\x1b[01;91m&\x1b[0m/' \ -e 's/\b\confirmed\b/\x1b[01;94m&\x1b[0m/' That works fine for me. http://burst.mininghere.com |
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Okay, what if we make the following modifications...
1. The cap stays, but coins are added to its total.
2. Rewards are still raised, and decline in reward is lowered. Reward goes to 15k/block now, and reward decline changes to match bitcoin's halving times, by going to 1.455% per month.
3. Transaction fees go up too, minimum goes to 2 or more BURST per transaction, until we believe we can lower it again when there are many more transactions in the network.
This gives incentive for miners to jump back in now and make network bigger again, during this we work our asses off and get the market mods done, mixer AT integrated, etc. Make the market browser better with categories and searchable, etc. Hire a PR company to promote the decentralized market, and get many more users to it.
Get more assets up and running, and work hard to get investors at the same time.
1. Can agree to. 2. No, not 15K. Raise it to where it would be if it had declined at 1% per month - around 8,500. At 1% per month we get annual deflation of 11.4% and require the price to raise 12% to maintain value. At the 5% per month we were getting 46% deflation, and needed 85% annual price increase to maintain value. 3) No need to change transaction fees. H. Noo, this is unfair to initial investors and miners. The only fair way to do it is to leave it at current reward or change the decrease to 1% or whatever, or leave it as it is. It's not fair to raise the reward from where it is now, as then the miners mining for the past few months have got a raw deal. Total cap can be increased i suppose. Just hard with how price has moved downwards....I really think we should focus not on burst's poc core, but rather on file sharing and an awesome wallet. More or less the coin is dead and we can change whatever is useful. I agree with the changes! |
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The main reason I want to stick with Burst was the possibility to use data storage on the plots, the ideal of it and being able to mine still. I know Storj was once interested in doing something with Burst, but the dev seem not to follow up on it. Since Storj is in beta of their latest tech, would be nice to see Burst or some kind of PoC coin do a project with Siacoin before they explode.
I don't think that this is necessary. Think more as hard disk mining a cheaper machine. To degrade it to a toy would not benefit at all. I agree with SpeedDemon13, without some type of change to compete/integrate with these other solutions SIA, Storj, maidsafe there is no way anyone will be dedicating hard drive space to Burst versus these other solutions. The reason is that these other solutions will have an ecosystem behind them, I fail to see Burst being able to compete on the same level. I removed all Burst plots to participate in the Storj testing and rewarded with sjcx. Burst is really stuck by the fact there is not a way to utilize the used space but it would be nice to see if something was possible with Storj as Burst does have some features that could benefit that platform. Degrade it to a toy? A decentralized way to store files is a "toy"? versus centralized dropbox. Hard disk mining is very energy efficient compared to ASIC/BTC mining but there is still waste. Now instead of wasting energy you waste drive space. It serves no purpose other than to obtain worthless coins. The question is what would make people WANT to use Burst instead of up and coming solutions. If the mining reward was increased does it sound logical to go buy a cup of coffee with Burst and merchant says "that will be 50,000 Burst". If general use of Burst is suppose to be an alternative to BTC it still does not seem realistic. I think, to use the storage for something else than just mining is nonsens. It just waters the quality of the coin. Better store something important things in the blockchain, ... |
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Lucky that the INCOME funds are kept in BTC, because BURST just lost half of it's value, but the fund is still intact and not that it haven't lost a single %, but it is actually gaining ~0.11% daily in value I think anybody that wants to buy BURST should buy now, this exceptional low price is unique and wont be repeated for long, so all traders should really start buying. Buy BURST & BURST assets, and everything will be fine! That shows trust into the future!!!! |
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