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Author Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000  (Read 2170602 times)
yellowduck2
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October 01, 2014, 06:24:23 AM
 #12421

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ?
9025 is correct.

And in a little over 9 days I'd expect.
ok that make sense
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coinits
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October 01, 2014, 06:25:19 AM
 #12422

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
uray
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October 01, 2014, 06:27:48 AM
 #12423

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ?
9025 is correct.

And in a little over 9 days I'd expect.
ok that make sense

so... there will be some block reward reducement party or some kind like that?
yellowduck2
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October 01, 2014, 06:28:15 AM
 #12424

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

I have seen coin with increasing reward. And it failed. Simply because it favor miner , not investor. Investor is the one who give price value to a coin. A pro miner coin never work in long term. A pro investor coin will work in long term because investor is the one giving price value to a coin.
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October 01, 2014, 06:29:12 AM
 #12425

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners
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October 01, 2014, 06:30:27 AM
 #12426

hey guys.is there a guide on setting up burst-miner-r4 for windows.a read me file with download would help.

uray
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October 01, 2014, 06:30:44 AM
 #12427

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

I have seen coin with increasing reward. And it failed. Simply because it favor miner , not investor. Investor is the one who give price value to a coin. A pro miner coin never work in long term. A pro investor coin will work in long term because investor is the one giving price value to a coin.

I have seen coin with random reward. And it failed. Simply because it is... well... random!
yellowduck2
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October 01, 2014, 06:32:04 AM
 #12428

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner. When there is profit , there is miner. No mater the block reward. Therefore , a coin should structure to favor investor , not miner.

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October 01, 2014, 06:34:05 AM
 #12429

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

It doesn't work that way unfortunately. If that was the case the value of BURST should be 4000 Satoshis

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
uray
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October 01, 2014, 06:34:58 AM
 #12430

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner. When there is profit , there is miner. No mater the block reward. Therefore , a coin should structure to favor investor , not miner.



well... I am burst investor too, I invest in hard drive ! Tongue
I am important!
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October 01, 2014, 06:35:18 AM
 #12431

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
uray
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October 01, 2014, 06:36:31 AM
 #12432

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins
yellowduck2
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October 01, 2014, 06:37:14 AM
 #12433

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner. When there is profit , there is miner. No mater the block reward. Therefore , a coin should structure to favor investor , not miner.



well... I am burst investor too, I invest in hard drive ! Tongue
I am important!

No doubt u are important !

I would say out loud u are as important as the developer of burst coin.

Because u have provided infrastructure for burst coin that developer doesn't have the time to do.  
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October 01, 2014, 06:38:10 AM
 #12434

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
yellowduck2
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October 01, 2014, 06:38:13 AM
 #12435

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.
yellowduck2
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October 01, 2014, 06:39:23 AM
 #12436

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

Miner is not important Because they are every where and there will always be miner. No matter what coin. Miner is only important if they are rare. But in crypto, there is always miner.
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October 01, 2014, 06:39:47 AM
 #12437

wtf! i have 17tb plots and mine on burst-pool.cryptoport.io after 3 hour i have .... o... zero ....

wtf! something wrong with ur plot file or ur miner, i just check your best deadline is 64006 years, in last 3 hours !

same problem here, used blagos older miner version, which used to work fine until now  Undecided
uray
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October 01, 2014, 06:40:11 AM
 #12438

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no, developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor
yellowduck2
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October 01, 2014, 06:41:22 AM
 #12439

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not important.
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October 01, 2014, 06:42:31 AM
 #12440

uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.



Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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