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Author Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000  (Read 2146169 times)
kurairaito
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February 08, 2015, 02:20:45 PM
 #17901

Hey,

I'm late, but I'm in. It sound promising.

I plotted 1T in about 24h, and currently plotting another 2TB local disk and 8TB on my NAS  Smiley
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February 08, 2015, 02:22:48 PM
 #17902

It wasn't me dumping just for the record.

Ahah, I like your style mate Smiley

The 16 mil dump from a few days ago was one of the early, and major, adopters (courtesy of burstdev forensics).

Today's dump I do not know who is behind.

Hey,

I'm late, but I'm in. It sound promising.

I plotted 1T in about 24h, and currently plotting another 2TB local disk and 8TB on my NAS  Smiley

It is not late to join a good thing. Welcome, if you got questions feel free to post here or join in building more activity on burstforum.com

BURST, your C:\urrency
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February 08, 2015, 02:38:11 PM
 #17903


Well, Burst is not based on bitcoin rather on Nxt. I believe nxt uses jetty which in turn uses Java Secure Sockets extension which is not related to OpenSSL. So I'd say unless you are on *nix and have specifically used OpenSSL, for example to access API via https you should be ok (is this even needed/possible for Burst?).

If this is the case, I'd surmise the number of affected people should be pretty small and the rest of the network would just reject their blocks without causing major issues.

For final confirmation please wait for someone better versed in all this than me Smiley.

This OpenSSL is really buggy, it is not the first day it had security issue. And also affected all android apps once last year.



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 ANN  BOUNTY  SONOHUB  eSPORTS  WEBWALLET 
q327K091
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February 08, 2015, 02:45:33 PM
 #17904

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

ha! I see someone is playing big time games with ya' all  Cool 180 sat on bittrex , could be same person causing "dynamics" selling and buying own coins , well there you go good opportunity to purchase on low as I don't see diminishing mining activity in fact people are adding drives as per increased network capacity

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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February 08, 2015, 02:53:53 PM
 #17905

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low Smiley, I am long on Burst. However, I do agree it is risky trading now.

BURST, your C:\urrency
Follow us on https://twitter.com/burstcoin_dev
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February 08, 2015, 02:55:34 PM
 #17906

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low Smiley, I am long on Burst. However, I do agree it is risky trading now.

veeeery scary I am chicken ko ko ko


new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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February 08, 2015, 02:56:59 PM
 #17907

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low Smiley, I am long on Burst. However, I do agree it is risky trading now.

veeeery scary I am chicken ko ko ko



Risk aversity is my middle name Tongue

BURST, your C:\urrency
Follow us on https://twitter.com/burstcoin_dev
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February 08, 2015, 03:55:14 PM
 #17908

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low Smiley, I am long on Burst. However, I do agree it is risky trading now.

veeeery scary I am chicken ko ko ko



Risk aversity is my middle name Tongue

chicken just "ate" significant amount of BURST it was no brainer , lucky someone offered that amount, as there seem to be a small bot operating too between bittrex/c-cex, but amounts are arbitraged much smaller, so someone unloaded significant chunk from mining operation which I find really really strange.. but hey!, this in addition to intensive mining operation what I really need to do is trace and follow work done on blockchain extensions here

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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February 08, 2015, 04:18:15 PM
 #17909

there you go.. sale orders are reversing , so re-purchase by that person or persons or you.. good opportunity Today won't or might repeat again... MAYBE  Cool

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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February 08, 2015, 04:30:09 PM
 #17910

Is there plans for the wallet to use Java 8? Right now it doesn't seem to and Sun depreciated Java7.
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February 08, 2015, 04:34:19 PM
 #17911

Is there plans for the wallet to use Java 8? Right now it doesn't seem to and Sun depreciated Java7.

works perfect here

java -version
java version "1.8.0_25"
Java(TM) SE Runtime Environment (build 1.8.0_25-b17)
Java HotSpot(TM) 64-Bit Server VM (build 25.25-b02, mixed mode)

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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February 08, 2015, 04:37:14 PM
 #17912

sorry if naive' q, need this to cordinate my trading activity, does anyone know exact nature and schedule of block reward reductions into the future , like a time table ? thanks in advance, what I really would like to have is network capacity projection, but that is next to impossible...

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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February 08, 2015, 04:57:13 PM
 #17913

sorry if naive' q, need this to cordinate my trading activity, does anyone know exact nature and schedule of block reward reductions into the future , like a time table ? thanks in advance, what I really would like to have is network capacity projection, but that is next to impossible...

Will give u a chart soonish
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February 08, 2015, 05:17:45 PM
 #17914

i got one question... is the wallet goin to have very much revisionlike 1.15 to 1.2.2 it had already soo the next moths will also be need to actualize like in 2 per 2 weeks a new version? its that the link only works if the anti-virus its not connected..

Updates will come as necessary or as new features are introduced. What link is giving you problems mate?

Is it critical to upgrade from 1.2.1 to 1.2.2. What is new in 1.2.2?

Yes it is a mandatory update, please update as soon as possible. Deadline is block 67000, which is about 7 days away. 1.2.2. brings some new fixes and updates to Automated Transactions.

Thank you!
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February 08, 2015, 05:28:18 PM
 #17915

Is there plans for the wallet to use Java 8? Right now it doesn't seem to and Sun depreciated Java7.

works perfect here

java -version
java version "1.8.0_25"
Java(TM) SE Runtime Environment (build 1.8.0_25-b17)
Java HotSpot(TM) 64-Bit Server VM (build 25.25-b02, mixed mode)

Hmmm, do I have to change something to get it to use J8? It wouldn't run without J7 installed...


How do you mine to a wallet on a different computer? I tried running a wallet on a different computer across the network, changed this:
nxt.apiServerHost=0.0.0.0
nxt.allowedBotHosts=0.0.0.0
(could access the wallet from a different computer)

And changed this:
   "UpdaterAddr" : "192.168.0.98",
   "Server" : "192.168.0.98

It seems as though the miner could connect, but wouldn't start mining.
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February 08, 2015, 05:45:09 PM
 #17916

sorry if naive' q, need this to cordinate my trading activity, does anyone know exact nature and schedule of block reward reductions into the future , like a time table ? thanks in advance, what I really would like to have is network capacity projection, but that is next to impossible...

Will give u a chart soonish



0 : 10000
10800: 9500
21600: 9025
32400: 8573.75
43200: 8145.0625
54000: 7737.809375
64800: 7350.91890625
75600: 6983.373
86400: 6634.2043
97200: 6302.49409725
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February 08, 2015, 05:52:12 PM
Last edit: February 08, 2015, 06:26:35 PM by q327K091
 #17917

sorry if naive' q, need this to cordinate my trading activity, does anyone know exact nature and schedule of block reward reductions into the future , like a time table ? thanks in advance, what I really would like to have is network capacity projection, but that is next to impossible...

Will give u a chart soonish

http://screencast.com/t/zoTReyvik

0 : 10000
10800: 9500
21600: 9025
32400: 8573.75
43200: 8145.0625
54000: 7737.809375
64800: 7350.91890625
75600: 6983.373
86400: 6634.2043
97200: 6302.49409725

thanks so much... great.. also will allow solid distribution world wide even with lower capacity drives in developing countries.. thought reduction was more aggressive.. it is not ... very very cool, and developing countries are high on electrical costs.. so there you go with decentralization,,, granted China could build a warehouse and stack it with high capacity SCSI's and begin race war in this space as well.. if it happens you all should get chunk of BURST as soon as you can at Tera and sat (on exchanges) as its allowed right now

checking bittrex action again... very interesting trading pattern.. like 12 BTC volume Today.. lots of 250K sold at 200 sat.. and rebought etc

believe "asset" territory is also untapped to a degree as well.. although NXT spined off so many that is hard for people to dissect although it is all very valuable long term

you got basically two coins that are "decentralization" friendly it is BURST and MAGI , both were actually presented together at a conference and it makes sense

bought Magi when BURST was at 300 satoshi and in reverse bought BURST when MAGI was 4908 sat.. both are excellent investments long term in my opinion . they, developers should consider "talking to" Supernet developers and close that bridge as well.. anyways..

> 200K BURST lots are gone, so now you have bots playing arbitrage in minuscule amounts, lucky thee who scooped these lots at 200 sat range.. there is one left but < 1/4 40K at 187 sat

thinking thinking.. need to transfer that BTC amount.. that's around 0.07 BTC which is nothing, gone.. next level is 204 and 207 sat...

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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February 08, 2015, 06:45:16 PM
 #17918

Is there plans for the wallet to use Java 8? Right now it doesn't seem to and Sun depreciated Java7.

just edit the bat file in the installation directory and update the references from java7 to java8 or whatever is installed on your machine.

This should really be made far clearer on the BURST website, original post on this thread and within the installation itself because I (alongside many others) have already asked the same question numerous times.

curious stuff from the world of cryptocurrencies: http://cryptolonography.tumblr.com/
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February 08, 2015, 06:47:44 PM
Last edit: February 08, 2015, 07:18:31 PM by vbcs
 #17919

Hey,

The Crowdfund case is here and ready to be used to fund your projects and ideas. The rules are simple.
You define a name, a description, the total duration of the crowdfunding and the total amount you need to gather. After the duration you have set, the AT checks the total amount gathered and if is greater than the one you have asked, the total amount is sent back to the ATs creators account. If the project is not successfully funded then refunds all the participants the amount they have sent minus the fees the AT needs for processing ( approx. 7 bursts ).

After the crowdfund case is done, the AT acts as a donation address, where any amount sent to the AT goes to the creator of the AT.

As in the lottery case I created a html file for making things easier for anyone interested in creating his project or help funding the project. If you want to use the html file then copy it under html/ui/ directory.
The resulting html looks like that:


You can find the corresponding html here: http://burstcoin.info/d/cf
and the assembly code of the CF case here: http://pastebin.com/09j994Yc

1ELCU3hahFLMPPqsoHS2Mg2Rqjya6VXjAW
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February 08, 2015, 06:54:40 PM
 #17920

Hi everyone, i am new to the BURST scene. I am after a serious answer before anyone thinks i'm being a bit pessimistic about the whole thing..

Why would i consider mining when the price is this cheap? I realise there are 580million BURST at present and a lot more to be mined, but if i were to use my 4TB i would only get 24663(est by calc) per month which equates to near no BTC at all...

I could buy that for pittance at the moment.

I love the idea of mining with HDD's and the whole smart contract thing your trying to do here, i just don't see how its worth mining and why people are doing it when it pays out naff all?

Thanks guys

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