I agree, Blago definitely needs a readme file. I swapped to the dev pool and had to look around for settings and I don't even know if found them all again.
Curiously, what is the best pool for a larger miner? I've tried dev before and urays. I haven't tried burst.ninja. What are peoples experience?
ninja pool is set to be friendly to larger miners and blockfinders (but yet also be friendly to smaller miners, and we're constantly changing how payouts work.) We have a pretty solid setup right now which goes like this... There are two pies, one that is historic share submissions calculated into percentages of input (power) to the pool. Based on lowest share submissions, a miner is placed with a percentage of the pool. This percentage is a ladder you can see on the stats. The Right pie, the historic pie, shows the historically best submitting miners. The left pie, is the Current round pie, this shows the submissions and percentage distribution ladder for current round shares. A miner submits a great share, they get a much larger percentage in this pie, but also a submission of another great share would give that miner another larger percentage of the current round pie, and a good chunk of the reward. You can see the percentage distribution ladder on the stats there too... The blend of the two pies that makes the total is 60% based on the Left (current round, current block) pie, and 40% based on the right (historically best submitting miners) pie. We have a method of both changing the distribution ladders, and also the basis of payments on each pie. Everything is completely customizable. The settings that we've got there currently I have had no complaints about, and block finder gets the most, followed by the second best submission for current round, then the larger boys get a more solid payout each block, and of course a lot more if they are the block finder, or have a share close to the block finder (in seconds) We believe we have the best payout system, we like that it gives the lowest submissions a lot, while simulaneously providing solid payouts to our more supportive and larger guys. I think it is a nice system. We always take the advice of our miners, and listen with open ears, if we think you've got a good suggestion, we will take it into account. we've got many other ideas for the pool as well. Come give us a shot, if you don't like it, let me know what you don't like and we can take a change into consideration. My goal is to make the most balanced and fair payout system in the BURST community. We are also working on a new UI, so the rainbow will soon be no more. lol. We have also a minimum payout (I think it is set to 300?) so no payouts under that are sent, to avoid unnecessary transaction fees. They are stored until you have enough to get a payout. If you decide to quit mining, after a set number of blocks (I believe that number is 500?) the system will pay you out regardless of balance.
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Infidels! why you think /bin/laden is cheat? me no cheat my friend, me high-performance.
Soon, you will all be able to join the Al-Shabal Burstcorrist Mining Camp, where I'm willing to share my mining power with you. Nope, it's not the nodejs uray burst-pool. and NOOO, it's not the blago miner, I made proper port of the dcct-miner, for windos. And an optimized plotter, like 15% faster. Let's just say, amongst many other bugs, that {char blago[50]; return blago;} is just not right. OK? I see Blago commented on me
Peace be upon you!
I can say this... ever since I saw /bin/laden, I loved this guy. As long as you don't crash the market, I'm cool with whatever you do. haha. I could use a new plotter. crash the market? you crazy? let's pump it up How do you think we increase the value to BURST? "We increase", as in present tense. I see it's DEcreasing, I don't think you're increasing it at all. So, do we do the pump or not? Sorry for my language skills. How do you think we will/can increase the value to BURST in the future? IF you by pump (and dump) mean the ordinary thing, that's not very interesting for me... Are you in BURST only short term? No worries about your English, but I actually thought you were saying just that ;P There's nothing wrong with pumping. What I mean, is that the price is low right now, yet I see no big buy orders. If we all want it to rise, we should have faith in it, put many orders there, either we get real cheap coins, or the price will rise, we like both scenarios, right? I mine like what 25 blocks a day? the remaining 215 is mined by you guys. Let's all chip in, put some orders and I'll join with 10%. Most altcoins are pretty useless, their only usefulness is trading, burst is no different. so we don't need to be ashamed. that itself gives value to the coin. 980 page forum, also does, being listed on poloniex as well. However, 3 BTC volume and 8 BTC in the order book DOESN'T. And then there are the traders who (THANKFULLY!) bought many coins well above 150. They will have to join in as well, and they can't really dump it to us, since they will be losing on it. Having an USD exchange [yea right ...at least for now] would further add to it's value. Then the ability to transfer money with it would give it value, like with BTC and LTC With BURST the only interesting thing is the mining algorithm. I am thinking of making a CryptoNote fork with this algorithm. Let me know who's in this with me? CryptoNote is way better, it is a distributed trustless coin mixer. Right now there's Monero but it's pretty hard for the average user to actually use it as a mixer , but with a few tweaks I can make something usable out of it. So having the ability to mix, is also a thing that gives value. And my final point is that all coins suffer from the deflationary model. Wait WHAT?? But we all thought this was good?!! I've been into mining for over an year now, believe me I've seen this happen over and over. The thing with the decreasing block reward is that there will be many coins emitted at very low hashpower, that eventually get dumped to a very low price where new coins will just be unprofitable to mine. What I mean is, that if somebody bought (or mined) cheap coins, they have control over the coin cheaply, they have a shitload of coins, ready to dump at any moment when they feel like the coin is going south. The only reason they're not dumping is because they can't possibly dump them all at once. That's why all coins eventually go down. Instead what I propose is that the block reward should be proportional to the hashpower that was put in it. Say right now we have 12PB, we can measure it like we do with electricity, say PBh, PetaByte-Hour. And just as an example we could give 1 coin for each TBh that went into mining that particular block. (it's simple math, no rocket science there) This makes perfect sense. Say if we would all be into farming wheat instead, for some amount of seeds we plant we know we expect to harvest 1 ton of flour. This will always stay more or less the same, no matter how many people will farm in the future, or have farmed in the past. Why not have the same principle for coins? Ok, so now you ask, why would somebody invest, if infinite coins are emitted. Simple, a ton of flour is still a ton of flour, and anyone can find out exactly what it costs to produce one, and as with any commodity, the price will fluctuate, hence the possibility to profit does exist. However we will be less likely to have any brutal pump and dumps. Also instead of paying tx fees, we can burn the coins when transactions are made, to compensate the infinite emission of coins. And being a cryptonote mixer, transactions is what we like to have, it draws value from that. We can also implement a thing where you can't keep an input for more than a month without transferring it, this also serves our mixing purposes well. We do need many transactions to mix our coins with, if we like to have a good anonymity. Any constructive comments are welcome There are many interesting aspects of BURST, I think that instead of making a new coin, we should continue to add features to this coin. We already have ATs, and the ability to do ACCTs with any other coin with ATs, so IMO what we need is other coins to add ATs, then we don't need to worry about a coin mixer, because we can just use the monero blockchain if we care about mixing. We can already do so much more than other coins, Marketplace, asset exchange, automated transactions, hard drive mining. BURST is already the most technically advanced coin. Why not just keep imrpoving it? my two BURST.
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Not really Bitladen please do us all a favor, set ur farm on fire and go away. yea, he's right, tiga. That price isn't very good, I can get them at a local Costco for 129. I think Bitladen is alright, what's wrong with him?
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Let us hope he's here on BURST's side, hoping it will make him a millionaire like so many of us. let us hope he believes in the tech. (I don't mind windows, btw.)
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Please get with me soon, I could possibly start shipping Friday.
105 USD in BTC shipped to 89521 Reno, NV for the 2x8 $125 is as low as I'll go if I pay shipping. And I'd like to wait to see if the other guy wants to buy or not. kk. I can get it new for 135. Ty anyway.
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Infidels! why you think /bin/laden is cheat? me no cheat my friend, me high-performance.
Soon, you will all be able to join the Al-Shabal Burstcorrist Mining Camp, where I'm willing to share my mining software with you. Nope, it's not the nodejs uray burst-pool. and NOOO, it's not the blago miner, I made proper port of the dcct-miner, for windos. And an optimized plotter, like 15% faster. Let's just say, amongst other many other bugs that {char blago[50]; return blago;} is just not right. OK? I see Blago commented on me
Peace be upon you!
I can say this... ever since I saw /bin/laden, I loved this guy. As long as you don't crash the market, I'm cool with whatever you do. haha. I could use a new plotter.
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he has about 700tb!!!
How much do you have boba? 120 tb but when new disk arrive i got 200 😄 SWEET! I can't wait until I get the deal going that sets my new farm up.
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he has about 700tb!!!
Based on how many blocks he's been finding it's closer to 2PB. Looking at the wallet, the network difficulty increased by about 2PB right around when it started ramping up. Curiously he's amassing it in one wallet too... If he wanted to he could destroy the market due to the only reason Burst having a high price is people holding it. The name would match if that's the case. Sorry, but I don't think burst has a "high price".
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Please get with me soon, I could possibly start shipping Friday.
105 USD in BTC shipped to 89521 Reno, NV for the 2x8
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I'd be willing to do a raffle like that instead of outright buying it.
I would definitely be interested in a raffle.
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he has about 700tb!!!
How much do you have boba?
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Last message while things get sorted. Again no personal response will be answered to avoid user conflict. It is aware of threats made and noted users that continue via means other than forum.
Thank you for patience and understanding of work undertaken over past months, applicable information ie. mods, tax and balance are exprected within next days upgrade. VERY IMPORTANT anyone found accessing via brute force or unfamiliar ip will be hardlocked and require further verification. This was made clear over numerous updates.
Again to clear confusion access is by ltcgear website only, mirrors do not exist anylonger. What should this mean? With this paragraph he could lock out everybody as he likes. Oh c'mon guys. A troll writes a post pretending he's Chris and everyone keeps reposting it. There is no need to argue about what any of that means. It was NOT written by Chris IMO it has as much pull as something written by Chris, because his shit never happens either. lol.
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-[http://burst.ninja pool announcement]- -Cryptoglance support added (I have not tried this yet myself, but cat says it's cool, and I trust him.) We are the first and only BURST pool to support cryptoglance! http://cryptoglance.info/ We're going to enhance the burst.ninja pool support on cryptoglance Update coming soon from us... Awesome, Thank you!
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The price is lowered to $ 2050.
Fairly sure that's a pretty good price, if I didn't already have my rig I would pick it up from you, those are all very nice components. GLWS *free bump. lol.
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-[http://burst.ninja pool announcement]- -Stability updates pushed, been running strong.
-Fixes for lag issues pushed, been running strong. (let us know if you have any issue at all!)
-Cryptoglance support added (I have not tried this yet myself, but cat says it's cool, and I trust him.) We are the first and only BURST pool to support cryptoglance! http://cryptoglance.info/
-Reward distribution enhanced. Method of changing it easily implemented (our goal is to make it the most perfect reward distribution system)
Currently the payouts are based 60% off the left pie (current round, block finder gets most, then distribution down the ladder you can see.) and 40% from right pie (historical miner pie, the larger miners that contribute more, get a more steady larger payout, then distribution down the ladder you can see.
-UI updates coming soon! (I may show a preview if I won't get yelled at for it. *glances at tiga*)
Thank you!
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LOL
...at this point, it's all that's left to say.
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I am confused on one thing with HDD mining. What is the disk space being used for? (what service is it providing and to who)?
Only for data generated by you, that is needed to mine burst. Let me try again. I don't understand. If I mine Burst with my harddrive space, who is using my harddrive? The whole community I think. incorrect. "No one" is the right answer. As of yet, the space dedicated to BURST mining, is solely for mining. it is not "made use of" in any other way. However, down the line (it's in the roadmap) we will be adding filestorage to the coin. THEN you will be sharing your drive with others. At that point I will be able to explain to you how it works better.
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How do a news spread? Well, if you Apple it's easy - you just announce a press conference and 800 reporters show up. For smaller businesses it's much harder, where you basically have to identify the agent whom can spread the news you have and hope for them to pick it up and the customers.
For the first press releases, Burst chose the latter with quite good results. However, doing it manually is terribly time-consuming and wont cover the whole relevant area.There is a third alternative:
Companies specializing in distributing and getting PR published. We have used one such service with amazing results. We're featured at both Yahoo finance, Bloomberg and a number of key media sites for crypto. They were way better than us. Of course these companies charge for their services, either in dollars or in established crypto currencies. The price for Bitcoin PR Buzz' service that we used last time is $429, but they also have a premium service for $779. We could do this as a standard CF case but that would require that we dump the Bursts for BTC. So another way to do this is do it as a standard BTC donation case; we provide a BTC address to collect the money from the. Here is the site: http://bitcoinprbuzz.com/services/I promise to provide $50/0.2 in BTC to get things started. If you want an escrow or someone else in charge of the fund, we'll be happy to go with that. For now the address is: 1AxtsE2ciNmY8Y9Rt9UBude6i1iW176oQBWhat do you think? Can we count for you support...? If we could do this in a week or so it would be great, as we then would have the means to act when dev news hit us. If you donate, PM me the tx, nick and sum (we are planning a Hall of Contributers/Fame for community members supporting development!) ***EDIT: 0,227BTC ($65) donated by mmmaybe. https://blockchain.info/sv/tx/fa9f80a46e328e20e8653d7f21da83cadc0e29bf6c331dbb6a6b2706cbf0b074 https://blockchain.info/sv/address/1AxtsE2ciNmY8Y9Rt9UBude6i1iW176oQB Just sent you 0.198 BTC for PR https://blockchain.info/tx/6882b7b20ac4896c01e53796d32ca0c9c218f95de020cd2c4ce34eb8017a7ceeI´m very exited about the upcomming update for burst and the new features.... Thank you, boba! I confirm your btc has arrived. Who is the third contributer besides me and boba...? Total amount is now 0,679 BTC/$200 with the anonymous donor, about half of what we need. Should we interpret this as several thousand holders do not think spreading a press release is important...? Please, everyone have btc change - donate them They WILL make a difference!Just PM me the tx, sum and nick. 0.02 is perfectly fine if 30 ppl does it, it's just important that you show that you support BURST and Team can spend our money on other BURST related thing Address: 1AxtsE2ciNmY8Y9Rt9UBude6i1iW176oQBThank you for another donation Four people have now contributed with ~0,776BTC/$225. Keep it up! If the laster donor do not want to remain anonymous, please PM me Thanks for the donations by alibabacool and haitch We are now up to 0,8BTC! Come on now, everybody has some change to spare if they are for BURST Sent a .12 BTC donation https://blockchain.info/address/1AxtsE2ciNmY8Y9Rt9UBude6i1iW176oQB
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I'll offer $225 for two S3's and a PSU.
I may still have 2 left after the deal for 10 goes through. I will let you know what's available when complete.
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Deal in the works. Will post updates.
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