🔴[ANN][BURST][PoC] Burstcoin | Hard Fork Coming Approximately June 20th

[Real-Duke]

At the actual price of 87 Satoshis I would prever to buy and hodl instead of mining the coin. Mining only when you already have large harddrives with no other usecase.
If you have to buy them for mining purposes your ROI can took a really long time...

[1714772327]

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[1714772327]

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[1714772327]

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[1714772327]

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[coin2.0]

At the actual price of 87 Satoshis I would prever to buy and hodl instead of mining the coin. Mining only when you already have large harddrives with no other usecase.
If you have to buy them for mining purposes your ROI can took a really long time...

cant cover the electric charge

[Daltonik]

At the actual price of 87 Satoshis I would prever to buy and hodl instead of mining the coin. Mining only when you already have large harddrives with no other usecase.
If you have to buy them for mining purposes your ROI can took a really long time...

I was engaged in mining of coins in the distant 2016, after the growth of complexity came out of mining, in the past year I bought a coin now I am waiting....

[Real-Duke]

At the actual price of 87 Satoshis I would prever to buy and hodl instead of mining the coin. Mining only when you already have large harddrives with no other usecase.
If you have to buy them for mining purposes your ROI can took a really long time...

I was engaged in mining of coins in the distant 2016, after the growth of complexity came out of mining, in the past year I bought a coin now I am waiting....

These days are not the best for the burst price but what is the reason? No fantasy anymore? Nothing has changed, only the team...
Patience is the key (like always!)

[joosep]

One point in the past I even mined some blocks but now I am mining only with 4 Tb. I simply like this coin and technology behind this and want to be at least symbolically on board. Interesting would be to know how Burstnation is going?

[Real-Duke]

now I am mining only with 4 Tb.

Same here but with only 2TB 
Takes some time to reach the minimum payout rate of 100 Burst's but hey my notebook is running 24/7 with staking wallets so why not even mine a few Burst while always on?

[vella85]

I'm looking at getting back into mining Burst and also BHD. I'm just wondering if anyone here is mining both coins at the same time and how is it going? I still have all my hard drives from 2016 when I used to mine Burst and was waiting for a new coin to mine but nothing has come up except for BHD. I just have to re-plot my drives as they are old plots from PoC1.

[Real-Duke]

I just have to re-plot my drives as they are old plots from PoC1.

As far as I know you don't need to plot the entire drives once again! There is a solution to convert the plot files into PoC2 format, have a look here: https://github.com/JohnnyFFM/Poc1to2Converter/releases

[carlo_0000]

I just have to re-plot my drives as they are old plots from PoC1.

As far as I know you don't need to plot the entire drives once again! There is a solution to convert the plot files into PoC2 format, have a look here: https://github.com/JohnnyFFM/Poc1to2Converter/releases

re plot is faster than converting

[alevlaslo]

Komodo and burst are the best coins I think. But people buy what have a good advertising, but not good in itself

[joosep]

I am only concerned what future will bring when all coins are mined, how miners will be incentivized to allocate resources to the network. 94% from all burstcoins are already mined!

[mindrust]

I am only concerned what future will bring when all coins are mined, how miners will be incentivized to allocate resources to the network. 94% from all burstcoins are already mined!

They say it'll be the tx fees which'll keep miners alive but I don't believe that'll be the case because almost nobody uses burst to make real life transactions. See the latest blocks, the fee is either "0" or "1". 1 burst reward to thousands of miners for mining a block doesn't sound right.

They need to find ways to increase the userbase now. Forum campaigns, airdrops etc...

[rehash]

is the mining calculator up to date? with 10 TB you mine 240 coins/ month ?

[Real-Duke]

is the mining calculator up to date? with 10 TB you mine 240 coins/ month ?

That sounds not far away from the truth. With my small 2 Terrabyte I have almost less than 100 Coins/month.
Should be sometimes more than 240/month!

[vella85]

I just have to re-plot my drives as they are old plots from PoC1.

As far as I know you don't need to plot the entire drives once again! There is a solution to convert the plot files into PoC2 format, have a look here: https://github.com/JohnnyFFM/Poc1to2Converter/releases

re plot is faster than converting

Thanks guys, I'm leaning more towards re-plotting the drives. Back when I first started there was no turbo plotter like there is now so hopefully it won't take as long to re-plot 50TBs of hard drives I have currently. If all goes well dual mining I may increase my mining rig some more but for now I think 50TB is a good start.

[BurstDevTeam]

Weekly Burst Report #78 - Smart Contract Development, Reminder to Update, Bursters on the Ground

Read the full article at the Burstcoin.ist - https://www.burstcoin.ist/2019/04/14/weekly-burst-report-78/

[adamvp]

Thank you for your answer..
Can I use this drive(/s) for daily purposes (media storing etc) or is this diskspace reserved for BURST at start?
There is no need for high speed internet? Will 10mbps be sufficient?

[cesmak]

Thank you for your answer..
Can I use this drive(/s) for daily purposes (media storing etc) or is this diskspace reserved for BURST at start?
There is no need for high speed internet? Will 10mbps be sufficient?

No space is reserved with files containing hashes that needed to mine. So space is occupied and you can't store other data.

A common internet is enough, not much traffic to send info to pools, the most important thing is the hdd/sdd reading, faster you scan your hashes, a bit more possibility that you submit in time your best results.

[Real-Duke]

Thank you for your answer..
Can I use this drive(/s) for daily purposes (media storing etc) or is this diskspace reserved for BURST at start?
There is no need for high speed internet? Will 10mbps be sufficient?

For mining burstcoin you have to plot your disks and the ploted space is complete reserved for Burstcoin (writing nonces)
All the necessary files can be downloaded from Qbundle Software.
Internet connection speed is not important! Make sure to use internal SATA or USB3 HDDs for short seek times while seraching nonces for best Deadline.

[pinkflower]

Hello, I have been out for a while. I have been thinking a lot about Burst and the Proof of Capacity Consortium and I couldnt help feeling that we were scammed.

Was the Dymaxion really possible or were we avoiding asking the right questions because we wanted the hype?