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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] CryptoHIT | New Decentralized Platform for Gamers & Game Developers on: April 03, 2018, 11:37:29 AM
Looks like a good project with a great team. What kind of a currency can I use to purchase your tokens?
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ANN [ICO] GLOBAL SPY TOKEN: The global investigator platform for cryptocurrency on: April 03, 2018, 11:10:39 AM
This seems to be quite an interesting project, I like the idea, will take a deeper look into the white paper.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO]🔥 BITCOINUS - Ecommerce payment processor🔥 on: April 03, 2018, 11:06:39 AM
This seems to be quite an interesting project, I like the idea, will take a deeper look into the white paper.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] - NEW BURST OP - MINE WITH YOUR HDD - ATs, AE, P2P MARKETPLACE, and MORE! on: January 13, 2016, 08:21:53 AM
I think reward is much more better than driveshare ... then last month rewards was
The best one shared 25 TB with uptime 97 % his reward per month was 69.5 usd
This 70 usd will not be enough for electric and internet fee ... and they need us to buy 10.000 from there coins sjcx almost cost 170 usd

Here in burst all of these no need right ?

For BURST mining you dont need anything, just your HDD with plots and start mining.

Quote
What about reward can I see reward daily or per month ?

It depends on your HDD capacity, Network difficulty and the BURST price.
At current diff and price, 25Tb will generate about .0015 BTC/day

Quote
What the minimum uptime percent per day

Itīs a blockchain, there is no uptime, you can access always to online nodes.

Quote
What is the suitable internet connection speed 100 mbit/s if enogh for shared 4 TB

For pool mining, you can mine with a 1Mbit/s or even less, regardless of your capacity.


5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] - NEW BURST OP - MINE WITH YOUR HDD - ATs, AE, P2P MARKETPLACE, and MORE! on: January 12, 2016, 01:22:18 PM
Congrats!!

You make a really good job.

Letīs make BURST greater with everybody effort.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 on: September 16, 2015, 10:59:43 AM

I still think the big difference between BURST and other currencies is the great possibilities that gives AT. therefore we must create attractive charts and so people began to learn, invest and mining BURST.

It occurred to me that if we created the first roulette was totally fairy , paying 37 times the bet instead of the 36 times you pay at casinos, we would have a world first we could advertise and hopefully attract a large number of players.

Itīll be an AT that accept bets and every a,previously fixed, number of blocks (every 5 or 10 blocks) make a calculus from scoop (or finder adrress or deadline found....) to determine the winner number. Then it pays 37 times the bet for single number bet, or 37/2 for horse bets and so on.

At start, we could fund it with donations, and establish limits to the bets that allows AT running for a long time.

I canīt code the AT, but Iīm sure that there is someone in this forum who could do it, if you thinks thatīs a good idea.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 on: September 10, 2015, 10:42:45 AM
Iīve been here, with BURST comunity from the early september 14. I write infrequently  because Iīm spanish and  Iīve a very bad english, but I read the BURST treath every week. Iīve been mining BURST with some Tb from then and I buy some others BURST. Nowadays I own about 4 million BURST, but I spend much more than the actual value.

Iīve just read Crowetic document and I DONīT agree in some of the questions.

i) I canīt understand the reason to change the reward schema. I, like many others, think that if the BURST provided is unlimited, BURST will have in a not very long term a zero value.

ii)Iīll, also, not change the reward scheme for creating a donation fund, it would be created for the pool administrators and major solo miners, giving the 5% or 10% to that fund for each block found.

iii) and the most important, I DO NOT AGREE that the person who has been blackmailing us over the last six months and is the main cause of the lower price of the BURST, will become the maindev. He has not shown at any time has the capabilities to perform the job.

BUSRT wallet and BURST blockchain has no problems to be cahnged, the maindev must be someone with high capacities in Smart Contracts (AT) that is the great diference of this coin with all the other ones. We need to improve ATīs and generate enthusiasm in people to use this currency, because BURST itīs one of the most disruptive and high-tech coins and those are our most valuable asset.

I give my vote for maindev to vbcs, helped for someone with java and/or NTX skill.

Thatīs my opinon
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: March 27, 2015, 07:54:40 AM
I have a question about Flow chart of the process. Why plot chunk (scoop) is 32-bytes in size? Isn`t it 64?

I think that the scoop is 32-bytes, but for the deadline calculation it used 2 scoops (64-bytes), the calculated and the next one.

9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: March 18, 2015, 08:59:12 AM
Would you mind removing this post? Based on bad numbers and I went back and rewrote it(version you have posted above it) 
https://bitcointalk.org/index.php?topic=982957.msg10799632#msg10799632

OK, did it - and quoted some of the following posts here, if you don't mind...

Appreciate it Hubus!


13 X is nothing to write home about.  13000x would be!  130x would be somewhat interesting. it's not groundbreaking technology.  this comparison isn't that useful, POC has other aspects over POW that are more interesting.
13x means that POW will get better w.r.t. energy usage as ASIC chips get smaller.  POW won't because there's no control over HDD.  SSD will give it another leap since they use less energy over spinners.  but again, when ssd completely replaced spinners POW chips will be much smaller and more energy efficient anyway.
POC vs POW in terms of energy usage is not a "winning" comparison.

Yeah but Bitcoin ASICs are approaching the same limit that CPUs and GPUs are at and won't keep quickly getting more energy efficient or do more calculations per dollar spent on them.

Meanwhile memristors and holographic storage is coming out soon.. and lots of different potential technologies coming in the future.  Granted ferroelectric transistors also have some potential for CPUs and some other technologies there too.





Proof of Capacity energy usage compared to Proof of Work

Assume you go with the above assumption that you connect 50  hard drives to the computer, and each hard drive costs $100 each.  That means $5000 worth of hard drives which uses 800 W.  Now let's pick a random Bitcoin miner.  The TerraMiner IV which to err on Bitcoin's side, let's say it costs $1,000 USD (I can find it on Amazon for $750 - http://www.amazon.com/CoinTerra-Terraminer-Iv/dp/B00JK64DXA but the original price was $1,200) and uses 2.1kW .

So $5000 worth of bitcoin miners = $5000 / $1,000 = 5 machines. 
5 machines equals 5* 2.1KW worth of energy = 10.5 kW.

So POW uses 10.5 kW of electricity for an equivalent investment POC uses .8 kW of electricity.


10.5/0.8 KW = 13.13 times

Which means that POW uses 13.13 more energy than POC.



Went through and edited the numbers, better?

I've got some problems with the numbers, and a bigger problem with something thats been totally overlooked.

The assumption that the "average" PC uses 300W has been raised earlier, so I'll skip that - but you have "That means $5000 worth of hard drives which uses 800 W." That indicates a 16W load per drive 24*7. Looking at the specs of the drives I'm using - WD Reds - the spec sheet says 2.5 to 3.3W Idle, 3.3 - 4.5 active. Lets be generous and say that on average given the bursty nature of Burst - 4W average 24 * 7, so the assumed rate is 4x high. So actual PoW/PoC is more like 52 than 13.

The bigger issue I have is that you've only looked at cost of running the two competitors - but what about the income difference ?

Assuming those 50 HDD's are 3TB drives, we have (based on current difficulty and price)
Burst:
Income: 150TB = 28,613 Burst/Day = $12.44 /day
Cost: 0.2KW/H * 24 H * $0.12 KWH = $0.58 /day
Profit/loss:$11.86 / day

Bitcoin: Assumes 1.6TH from the Terraminer IV (Based on current difficulty / price - and BTC difficulty is increasing faster than Burst)
Income: $3.11 / TH * 8 TH = $24.88 / day
Cost: 5 * 2.1 KW/h * 24H * 0.12 KWH = $30.24
Profit/Loss: ($5.36) / day

So in PoW, with this particular miner, your ROI is .... Never. You're digging yourself deeper into a hole as soon as you turn it on. With PoC you ROI is "someday" depending on the capacity of the drives, but as long as its at least 150GB/drive - you make a profit and an ROI.

H.

Excellent points!

I think that we are talking about BTC (6 years ols) and BURST (some months old) like if they are the same. 6 year ago, you can qet a block (50BTC)/day with a computer and you dont get almost any profit (remember the pizza for 10,000BTC (https://bitcointalk.org/index.php?topic=137.0)). Thatīs a pizza (40$) for more that the total daily reward (7200BTC). Nowadays, the total reward is 2,518,880 BURST/day, that is about 1,000$.

So, we all are talking of differents things. BTC was a fairy distribution on early ages, like BUSRT, but as soon as it achieve value it become less fairy.

Letīs hope that BURST ditribution will become unfairy, because that will be good for BURST.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Independant Miners Alliance Official Launch Notification (IMACredit coin) on: March 12, 2015, 12:51:22 PM
Another miner here Smiley also supporting network with running wallets on 3 different ip addresses.

if anyone wanna get rid of coins, i'll be happy to collect them. here's address: 98SQU4y24f5doqZ1WSUkVqNY66mnqm53zB

I might even be persuaded to buy them. send me a PM.

GO IMAC!

Could you give me any IP adrress for my wallet sync. THKS

11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: March 12, 2015, 09:05:40 AM
BURST, the unique POC coin, uses the HD for getting coins but, for sure, if the price raise there will appear ASIC and we sill stock docens of HD that could be used for other things.    

i dont think that asics will come up in the next years. If the come up, your miners could easy be switched to a maidsafe oder a strojx miner.....so no problem at all.

Not so far.....

A i7 can get 20MHash/s and a Antminer S4 gives 2 THash/s. So there is a factor 100,000.

In BURST ploting a i7 calculate 20,000 nonces/minute (about 5 Gb/min), if you apply the same factor, the hipotetical BURST ASIC will calculate 0,5 PB/min, an equivlalent in the 4 minutes block time to a 2Pb (15% of actual size).

The cost of the Antminer S4 is 1500$ and consumes 1500W, the cost of 666 3Tb HD (100$ each) is 66,000$ and consumes (8W each) 5300W (and you would need docens of computers).

So, if the price raise and BURST got popularity, ASIC will come, but donīt worry, Bobafett, for then we will drive our own Ferrari without crowdfund the FerrariSharing.


This is a large part of the reason I'm pushing for POC2.

With POC2 we can shorten block times (probably 30 seconds?), which improves the efficiency of HHD vs ASICs since ASICs have a shorter period of time to do the same amount of work.

Plus keep in mind that you plot once then you just pull numbers off the drive.. point being it isn't the i7 doing the having. And keep in mind that most people will use GPUs to plot their drives.

Also not understanding, how did you get Ant miner =666 *3 TB worth of drives?

I made a very rough calculations getting that a AntminerS4 is 100,000 times faster than a i7, and 2Pb itīs 100,000 times the amount of capacity that can be plotted for a i7 in 4 minutes, that is 666 3Tb drives.

When I calculate the power consumition I make a mistake, I really use the power of the HD during the 4 minutes block and the Hd is used for less than a minute (the time to read it on every block), but if you sum the power consumition of the pc to control the HD, the power is much bigger.


5gb/min is plotting, which is all 4096 scoops. If you are mining with an asic like that, you have to ditch 4095/4096 of those calculations because they aren't valid. You can't only plot 1 scoop at a time, you need all 4096 to sign with ur burst address.Therefore, the asic just became 4096 times less efficient Cheesy

Iīm calculating the amount plotted for every machine (i7 or the virtual BUSRT Asic), and, of course, it need to make the all nonce (4096 scoops) to get a unique deadline. An i7 can make 20,000 of this nonces (whit 4096 scoops each) in a minute, so the virtual Asic will make 2,000,000,000 nonces/min (with 4096 scoops each) and if each nonce is 256kb, itīs like a 512,000,000,000,000 bytes/min or 0.5Pb/min

Of course, it will be used only 1/4096 of the total calculated data (as we all do on every block).
 

Anyway, if sometime BURST worth a lot, ppl would find systems to miner it quickly than others, and this would be good for all of us.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: March 11, 2015, 12:11:39 PM
BURST, the unique POC coin, uses the HD for getting coins but, for sure, if the price raise there will appear ASIC and we sill stock docens of HD that could be used for other things.   

i dont think that asics will come up in the next years. If the come up, your miners could easy be switched to a maidsafe oder a strojx miner.....so no problem at all.

Not so far.....

A i7 can get 20MHash/s and a Antminer S4 gives 2 THash/s. So there is a factor 100,000.

In BURST ploting a i7 calculate 20,000 nonces/minute (about 5 Gb/min), if you apply the same factor, the hipotetical BURST ASIC will calculate 0,5 PB/min, an equivlalent in the 4 minutes block time to a 2Pb (15% of actual size).

The cost of the Antminer S4 is 1500$ and consumes 1500W, the cost of 666 3Tb HD (100$ each) is 66,000$ and consumes (8W each) 5300W (and you would need docens of computers).

So, if the price raise and BURST got popularity, ASIC will come, but donīt worry, Bobafett, for then we will drive our own Ferrari without crowdfund the FerrariSharing.

13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: March 11, 2015, 08:38:29 AM
I have my own thoughts, but I'd like to hear the thoughts of others.. I'm been working on an article for a while now.

What advantages does Proof of Capacity have over Proof of Work?

What advantages does Proof of Capacity have over Proof of Stake?

Proof of Capacity is a diferent way of making coin disrtibution, so the advantages or disvantages must be seen in the coin distribution fairness.

For Proof of Work system it was a fair distribution until the price raise and people strart using specialized equipments to get more coins (it has nosense to stock hunders of computers with docens of GPu on each or ASIC that can make very simple and fast operation, but nothing more)

For Proof of Stake, if the stake is high the coin become inflacionist and has no worth, but if the stake is low (or even 0) is really difficult to ensure the blockchain, so is easy to attack it.

BURST, the unique POC coin, uses the HD for getting coins but, for sure, if the price raise there will appear ASIC and we sill stock docens of HD that could be used for other things.   
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: March 10, 2015, 09:16:20 AM
Is it possible to change the password to an address? I will be moving soon and would like to sell my HDDs, cables, sata to usb adapters, several usb 3.0 7-port hubs, etc. Basically selling everything you need to mine. I would love to sell the plotted drives so it is truly plug and play for the buyer, changing the password to my address would be helpful. If it's not possible I would destroy the password from my records, it's a very long string of random characters I would never be able to remember again.

If the password cannot be changed, is it possible to implement this feature into BURST?

Anyone interested? $45/TB including shipping for pre-plotted drives, more than enough cables, adapters, hubs for the setup. Roughly 120 TB worth of drives, mostly seagate barracudas. Save yourself months of plotting by taking over my burst address.

Is there any reason for going out of BURST?

15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Independant Miners Alliance Official Launch Notification (IMACredit coin) on: March 04, 2015, 04:48:18 PM
Some sort of response from the devs would be nice :S

From my little experience on CryptoWorld, dev of this coin ( 1BillionHex on this point) seems trying different logic experimenting with different coin. He develop more then 3 coin and those are still live. Every coin has their own pro and cons like:

1Credit having low block rewards with long block time,
YACC having low difficulty with lots of rewards on block etc etc.
where
IMACredit having fare rewards, fare block time, fare algorithm attached to prevent ASIC's.  

On IMACredit it seems dev wanted to show a different approach of showing negligence and might all of sudden came with some kind of announcement which might worth mining. Unless delisting from some exchange I didn't find any negative on this coin. I still mining it with good block rate. Who knows, one day I may lough on people calling this project 'Dead' ?? Unless I find less then 0 connection on wallet or no transaction in 7 days in network, I will continue mining this.

Some time patience do work!

Isn't it good idea to have 'mining on low difficulty' then 'pre-mining' lots of coin before released ??

People giving up with mining IMACredit can dispose your coin to my address:

9JPefAedZP43jiPWtPVS9h2NuwmGM6jDuB   (IMACredit)

Who knows one day I might return you some bits Wink)


--Cheers!

IMACredit: 9JPefAedZP43jiPWtPVS9h2NuwmGM6jDuB
YACC : DeaYgE6D9bmdfNV8RExFgJHSxmiMY9fdUr
1Credit: CHu2Yv6N2uUujnwjffhfUsDvS8WuRY9xMQ


None of this is true, except coin specs listed. Cassey is the dev not bill. 1Billion Hex is using this and 3 other coins as part of a game he is developing where IMAC, YACC, 1CR, & an unlaunched coin will be used as in game tokens to say unlock items or derive names etc etc.
theres some info about thecryptovoid which is 1billionhex's in progress game at 1billionhex.net

Cool, atleast we got some Info in return of my 'Guess' post. Can we know the reason behind IMAC's inactivity specially in Marketing, Exchange Listings, New Information/update. We wander what makes this IMAC soo ignored people even start calling it as a 'Dead Project' ? Perhaps it's name, the initials conflicts with some other BIG Profile Customer Product??


--Cheers!
BDCoinMiner

------ SigTest--------

IMACredit: 9JPefAedZP43jiPWtPVS9h2NuwmGM6jDuB YACC : DeaYgE6D9bmdfNV8RExFgJHSxmiMY9fdUr 1Credit: CHu2Yv6N2uUujnwjffhfUsDvS8WuRY9xMQ

And

BTC: 1MaYjMvoCN5CL24bQsKw7vH1r4mor9tJ6C VTC: VoMXu7xCLftPGRn4JbfWj41yaG8nFmPbg5 [N]HZ: NHZ-MYLX-FW6K-BBK5-GKUNR !


Iīm also mining it, while is at really low dificulty (even lower of dificult minimun). Iīm sure that with a some marketing movements, this coin will have value in the future... but perhaps itīs no the moment.
16  Bitcoin / Project Development / Re: A Crowdfunding for share a Ferrari on: March 02, 2015, 08:23:00 AM
How do you planning to share it with a donator let's say from China Smiley?


I really donīt know, but we will find a solution, and I reserve half of the money for that.



So if I join this, I have chance to drive this car  Shocked

If possible, how should I do  Huh

Look at https://bitcointalk.org/index.php?topic=731923.0, get your BURST wallet, mine some of them with your HDD (or buy them) and invest in the project. As soon as BURST reaches 1$, we will buy a Ferrari and we all will drive it.



So each person who funds gets to drive the car? or how does it work?

For sure we will find the way dor everyone to drive the car. Perhaps one solutions is to make an ordered list of founders and that everyone drive during two or three day to the home of the next driver, and so the Ferrari goes around the world.



So if I join this, I have chance to drive this car  Shocked

If possible, how should I do  Huh
ist a ponzi my friend , all you should do is give them your money.


What I really want is to promote BURST and the BURST crowdfunding platform.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: March 02, 2015, 08:05:08 AM
I have burstcoin.es, will make my own from scratch Tongue

Te ayudo, si quieres.....
18  Bitcoin / Project Development / A Crowdfunding for share a Ferrari on: February 27, 2015, 08:47:15 AM
Using BURST crowdfunding in-blockchain services, Iīve just founded a crowdfounded for sharing a Ferrari between all participants in the project.

The name of the crowdfund project is FerrariSharing and you cand find in the ATcrowdfund page of your BURST wallet.

More information about BURST in the forum (https://bitcointalk.org/index.php?topic=731923.0) or in http://burstcoin.info



Hope to see you driving a Ferrari.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: February 27, 2015, 08:30:22 AM
Nobody wants to drive a Ferrari


I founded a new crowdfunding project thinking in the future, just for our future fun.

It´s the Ferrari Sharing project; when BURST reached 1$ value, a Ferrari will be buy and shared for everyone who pledge for this crowdfunded project.

As soon as one of our genious developers launch the ATPoll, we will use it for decide the model and the colour of the Ferrari.



Hope to see you driving a Ferrari.



EDIT : I add an anouncement in https://bitcointalk.org/index.php?topic=970650.0 for this crowdfund project, trying to advertise BURST AT capabilities.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.2 Automated Transactions on: February 27, 2015, 08:25:45 AM
Problem is the I have only 6 ~ hrs to set up Sad

Do you mean that your plotted files will be deleted after 6 hours?

Yes, they will shutdown, and all files will be deleted forever. I need to create my own image in 6hrs.

Lets break this down.

You have access to 1000+ Amazon C3 instances, each one having these specs
32vCPU   60GB RAM   2 x 320 GB SSD

But you only have this massive farm 6hrs each day.

That's roughly 640TB worth of mining power coming on for 6hrs each day.

Your efforts are nothing but bad for the Burst Network.  You want to move 640TB worth of data within 6rs.... 640TB in  6hrs  Cheesy.  1000+ instances each one have 2x 320GB SSD drives.  That's 640TB  you need to store the plots some place and then upload them to your instances each day.

I'm pretty sure this is not possible, and how does someone get access to that type of computing power for 6hrs each day.  You could make this work on a smaller scale, but I have no desire to see large scale miners only pop on for 6hrs each day.  Good-luck

if the machines have ssd storage simply add a startup script with a random 64 bit nonce number to start the plots for the machine with.
with only 1000+ instances overlaps should be no real issue.
plot on each startup 40 16 gb files as background job and connect all to a own wallet server or to multiple wallets.
using a pool is almost impossible due to the load you generate. so i would go with 100 nodes onto one dedicated wallet at the beginning.
increasing or decreasing this number can be done load dependant. the tricky part is to configure which machine contacts which wallet.
you may run any scm to distribute the machines config files.
each time a machine boots it loads its mining config from the headrevision and starts to plot and to mine.

but this requires a bit of development and testing.
also have in mind that the wallet servers should stay always on to be always in sync.

plotting should run with at least about 20-30k nonces/minute. this means your drives are filled up after roughly two hours.
put the plotting process into nice in a own screen.
after the plotting is done you may mine any cpu coin on the almost idling cpu cores ;-)

tell me how it works. its really an interesting approach  Cool


You can use a pool if you set a correct deadline for the nonces you send (in my example, that you mine as a 2.5Tb power during 6h, you can set deadlne to 5000) and that is no a great load for almost any pool. That make your deloy easy.
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