[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000

[FakeAccount]

BURST was mentioned in a HYPER article on CNBC.com as part of our PR campaign: http://www.cnbc.com/id/102660930

Thanks for being a part of our crypto gaming network!

it's nice, but no one is going to connect an obscure reference to the word "BURST" to burstcoin here.

[HYPERfuture]

BURST was mentioned in a HYPER article on CNBC.com as part of our PR campaign: http://www.cnbc.com/id/102660930

Thanks for being a part of our crypto gaming network!

it's nice, but no one is going to connect an obscure reference to the word "BURST" to burstcoin here.

"Currently supported cryptocurrencies include HYPER, Coin2, GoldPieces, iCash and BURST."

This is the only BURST cryptocurrency I know of

[FakeAccount]

BURST was mentioned in a HYPER article on CNBC.com as part of our PR campaign: http://www.cnbc.com/id/102660930

Thanks for being a part of our crypto gaming network!

it's nice, but no one is going to connect an obscure reference to the word "BURST" to burstcoin here.

"Currently supported cryptocurrencies include HYPER, Coin2, GoldPieces, iCash and BURST."

This is the only BURST cryptocurrency I know of

anyone here on this thread knows it.  but anyone who's never heard of burstcoin won't know what "BURST" is. google "burst"

[HYPERfuture]

BURST was mentioned in a HYPER article on CNBC.com as part of our PR campaign: http://www.cnbc.com/id/102660930

Thanks for being a part of our crypto gaming network!

it's nice, but no one is going to connect an obscure reference to the word "BURST" to burstcoin here.

"Currently supported cryptocurrencies include HYPER, Coin2, GoldPieces, iCash and BURST."

This is the only BURST cryptocurrency I know of

anyone here on this thread knows it.  but anyone who's never heard of burstcoin won't know what "BURST" is. google "burst"

Most people who know about altcoins will google something like "burst ann bitcointalk" or "burst cryptocurrency"

[mczarnek]

BURST was mentioned in a HYPER article on CNBC.com as part of our PR campaign: http://www.cnbc.com/id/102660930

Thanks for being a part of our crypto gaming network!

Thank you!  I'm sure we'll get a few people.. If they are interested they'll find BURST.

And good luck with the crypto gaming.. Pretty chill place to have BURST accepted.

[HYPERfuture]

BURST was mentioned in a HYPER article on CNBC.com as part of our PR campaign: http://www.cnbc.com/id/102660930

Thanks for being a part of our crypto gaming network!

Thank you!  I'm sure we'll get a few people.. If they are interested they'll find BURST.

And good luck with the crypto gaming.. Pretty chill place to have BURST accepted.

No problem!

If anyone in the BURST community wants to work on a project that involves HYPER and BURST we can mention it in more detail in future PR

[mczarnek]

btw, I found a new intern for us!

Everyone please contact your local universitys or your own universities and ask them to help find interns! We may even be able to offer college credit in exchange for them interning for us.

BURST was mentioned in a HYPER article on CNBC.com as part of our PR campaign: http://www.cnbc.com/id/102660930

Thanks for being a part of our crypto gaming network!

Thank you!  I'm sure we'll get a few people.. If they are interested they'll find BURST.

And good luck with the crypto gaming.. Pretty chill place to have BURST accepted.

No problem!

If anyone in the BURST community wants to work on a project that involves HYPER and BURST we can mention it in more detail in future PR

What kind of project do you have in mind?

[bitladen]

BURST is ready to burst
7 BTC @0.00000100
Nobody has been dumping this week.

Put more orders there! or dump ...I'm buying

[bensam1231]

If i buy some hdd now, my ROI may never happen
For example 3 x 4TB drives mining solo 24/7 for 60 months from now on (cost and electricity only for drives)
Total BURST = 1253000

Calculated for Burst price = 0,00000105 and BTC = 230$

And for Burst price = 0,00000210

Code:

For Price = 0,00000105

|Month|Block |Per Day|Per Month| $ Per|ROI for   |ROI with 0,6$ per month
|     |Reward|       |         | Month|11TB(450$)|HDD Electricity Only(12 watts)
1	6634	2073	63044	15,23	-434,77	-435,37
2	6318	1974	60042	14,50	-420,27	-421,47
3	6017	1880	57183	13,81	-406,47	-408,27
4	5731	1791	54460	13,15	-393,31	-395,71
5	5458	1706	51866	12,53	-380,79	-383,79
6	5198	1624	49396	11,93	-368,86	-372,46
7	4950	1547	47044	11,36	-357,50	-361,70
8	4715	1473	44804	10,82	-346,68	-351,48
9	4490	1403	42670	10,30	-336,37	-341,77
10	4276	1336	40639	9,81	-326,56	-332,56
11	4073	1273	38703	9,35	-317,21	-323,81
12	3879	1212	36860	8,90	-308,31	-315,51
13	3694	1154	35105	8,48	-299,83	-307,63
14	3518	1099	33433	8,07	-291,76	-300,16
15	3351	1047	31841	7,69	-284,07	-293,07
16	3191	997	30325	7,32	-276,74	-286,34
17	3039	950	28881	6,97	-269,77	-279,97
18	2894	904	27506	6,64	-263,13	-273,93
19	2757	861	26196	6,33	-256,80	-268,20
20	2625	820	24949	6,03	-250,78	-262,78
21	2500	781	23761	5,74	-245,04	-257,64
22	2381	744	22629	5,46	-239,57	-252,77
23	2268	709	21551	5,20	-234,37	-248,17
24	2160	675	20525	4,96	-229,41	-243,81
25	2057	643	19548	4,72	-224,69	-239,69
26	1959	612	18617	4,50	-220,19	-235,79
27	1866	583	17730	4,28	-215,91	-232,11
28	1777	555	16886	4,08	-211,83	-228,63
29	1692	529	16082	3,88	-207,95	-225,35
30	1612	504	15316	3,70	-204,25	-222,25
31	1535	480	14587	3,52	-200,73	-219,33
32	1462	457	13892	3,35	-197,37	-216,57
33	1392	435	13231	3,20	-194,18	-213,98
34	1326	414	12601	3,04	-191,14	-211,54
35	1263	395	12001	2,90	-188,24	-209,24
36	1203	376	11429	2,76	-185,48	-207,08
37	1145	358	10885	2,63	-182,85	-205,05
38	1091	341	10367	2,50	-180,34	-203,14
39	1039	325	9873	2,38	-177,96	-201,36
40	989	309	9403	2,27	-175,69	-199,69
41	942	294	8955	2,16	-173,53	-198,13
42	897	280	8529	2,06	-171,47	-196,67
43	855	267	8123	1,96	-169,51	-195,31
44	814	254	7736	1,87	-167,64	-194,04
45	775	242	7367	1,78	-165,86	-192,86
46	738	231	7017	1,69	-164,16	-191,76
47	703	220	6682	1,61	-162,55	-190,75
48	670	209	6364	1,54	-161,01	-189,81
49	638	199	6061	1,46	-159,55	-188,95
50	607	190	5773	1,39	-158,16	-188,16
51	579	181	5498	1,33	-156,83	-187,43
52	551	172	5236	1,26	-155,56	-186,76
53	525	164	4987	1,20	-154,36	-186,16
54	500	156	4749	1,15	-153,21	-185,61
55	476	149	4523	1,09	-152,12	-185,12
56	453	142	4308	1,04	-151,08	-184,68
57	432	135	4102	0,99	-150,09	-184,29
58	411	128	3907	0,94	-149,14	-183,94
59	392	122	3721	0,90	-148,25	-183,65
60	373	117	3544	0,86	-147,39	-183,39

For Price = 0,00000210

|Month|Block |Per Day|Per Month| $ Per|ROI for   |ROI with 0,6$ per month
|     |Reward|       |         | Month|11TB(450$)|HDD Electricity Only(12 watts)
1	6634	2073	63044	30,45	-419,55	-420,15
2	6318	1974	60042	29,00	-390,55	-391,75
3	6017	1880	57183	27,62	-362,93	-364,73
4	5731	1791	54460	26,30	-336,63	-339,03
5	5458	1706	51866	25,05	-311,58	-314,58
6	5198	1624	49396	23,86	-287,72	-291,32
7	4950	1547	47044	22,72	-264,99	-269,19
8	4715	1473	44804	21,64	-243,35	-248,15
9	4490	1403	42670	20,61	-222,74	-228,14
10	4276	1336	40639	19,63	-203,12	-209,12
11	4073	1273	38703	18,69	-184,42	-191,02
12	3879	1212	36860	17,80	-166,62	-173,82
13	3694	1154	35105	16,96	-149,66	-157,46
14	3518	1099	33433	16,15	-133,51	-141,91
15	3351	1047	31841	15,38	-118,14	-127,14
16	3191	997	30325	14,65	-103,49	-113,09
17	3039	950	28881	13,95	-89,54	-99,74
18	2894	904	27506	13,29	-76,25	-87,05
19	2757	861	26196	12,65	-63,60	-75,00
20	2625	820	24949	12,05	-51,55	-63,55
21	2500	781	23761	11,48	-40,07	-52,67
22	2381	744	22629	10,93	-29,14	-42,34
23	2268	709	21551	10,41	-18,73	-32,53
24	2160	675	20525	9,91	-8,82	-23,22
25	2057	643	19548	9,44	0,62	-14,38
26	1959	612	18617	8,99	9,61	-5,99
27	1866	583	17730	8,56	18,18	1,98
28	1777	555	16886	8,16	26,33	9,53
29	1692	529	16082	7,77	34,10	16,70
30	1612	504	15316	7,40	41,50	23,50
31	1535	480	14587	7,05	48,54	29,94
32	1462	457	13892	6,71	55,25	36,05
33	1392	435	13231	6,39	61,64	41,84
34	1326	414	12601	6,09	67,73	47,33
35	1263	395	12001	5,80	73,53	52,53
36	1203	376	11429	5,52	79,05	57,45
37	1145	358	10885	5,26	84,30	62,10
38	1091	341	10367	5,01	89,31	66,51
39	1039	325	9873	4,77	94,08	70,68
40	989	309	9403	4,54	98,62	74,62
41	942	294	8955	4,33	102,95	78,35
42	897	280	8529	4,12	107,07	81,87
43	855	267	8123	3,92	110,99	85,19
44	814	254	7736	3,74	114,73	88,33
45	775	242	7367	3,56	118,28	91,28
46	738	231	7017	3,39	121,67	94,07
47	703	220	6682	3,23	124,90	96,70
48	670	209	6364	3,07	127,97	99,17
49	638	199	6061	2,93	130,90	101,50
50	607	190	5773	2,79	133,69	103,69
51	579	181	5498	2,66	136,35	105,75
52	551	172	5236	2,53	138,87	107,67
53	525	164	4987	2,41	141,28	109,48
54	500	156	4749	2,29	143,58	111,18
55	476	149	4523	2,18	145,76	112,76
56	453	142	4308	2,08	147,84	114,24
57	432	135	4102	1,98	149,82	115,62
58	411	128	3907	1,89	151,71	116,91
59	392	122	3721	1,80	153,51	118,11
60	373	117	3544	1,71	155,22	119,22

Yup and used HDs don't have good resale since they're mechanical and go bad, unlike GPUs (minus depreciation if a new one comes out). I unfortunately bought in right as things slid down hill. Burst has always been on a precarious perch because of the amount of it in circulation compared to market volume and it was just waiting for someone to start dumping.

ROI for anything over four months on anything relating to cryptos is borderline suicide. You can look and see how fast the Burst market changed in two weeks. It's way too volatile for long term investments.

As I mentioned before POC desperately needs a few altcoins, a couple successful ones, not just Burst. The selling point here is the technology, not the coin. It also needs a more streamlined process for using the currency and mining it (the amount of steps you need to go through to mine it is ridiculous).

You didn't take the resale value (which is even more significant if you buy the hard drives used) and the added value of using the hard drives for storage into account. I would think that most people who mine BURST are using spare hard drives that aren't being used for storage. At least, that's what I intend to do anyway.

Yeah... there aren't people with 20TB just laying around, or even 5TB. People who are mining Burst aren't using spare storage. Burst isn't so easy to setup that 'anyone can do it whenever they want with little to no expertise'.

[FakeAccount]

BURST was mentioned in a HYPER article on CNBC.com as part of our PR campaign: http://www.cnbc.com/id/102660930

Thanks for being a part of our crypto gaming network!

it's nice, but no one is going to connect an obscure reference to the word "BURST" to burstcoin here.

"Currently supported cryptocurrencies include HYPER, Coin2, GoldPieces, iCash and BURST."

This is the only BURST cryptocurrency I know of

anyone here on this thread knows it.  but anyone who's never heard of burstcoin won't know what "BURST" is. google "burst"

Most people who know about altcoins will google something like "burst ann bitcointalk" or "burst cryptocurrency"

and these most people you defined already know about burstcoin

[bitladen]

Yup and used HDs don't have good resale since they're mechanical and go bad, unlike GPUs (minus depreciation if a new one comes out). I unfortunately bought in right as things slid down hill. Burst has always been on a precarious perch because of the amount of it in circulation compared to market volume and it was just waiting for someone to start dumping.

I disagree, if you purchased the drives with warranty, they should be easy to resell. Plus that I think a GPU is more easily damaged by mining than burst would a HDD.
And HDD tend to keep their price for longer than GPUs too.

Now the block reward structure is a different thing. It deflates way too fast, I said this before, the way block reward is going down right now is insane, it scares miners away.

[bensam1231]

Yup and used HDs don't have good resale since they're mechanical and go bad, unlike GPUs (minus depreciation if a new one comes out). I unfortunately bought in right as things slid down hill. Burst has always been on a precarious perch because of the amount of it in circulation compared to market volume and it was just waiting for someone to start dumping.

I disagree, if you purchased the drives with warranty, they should be easy to resell. Plus that I think a GPU is more easily damaged by mining than burst would a HDD.
And HDD tend to keep their price for longer than GPUs too.

Now the block reward structure is a different thing. It deflates way too fast, I said this before, the way block reward is going down right now is insane, it scares miners away.

Hard drives have a finite lifetime. The only thing I've had go wrong with my GPUs is the fans dying on them and a few oopsies that were totally my fault. I've never had on of my GPU miners just 'die' for no reason. Hard drives on the other hand I've had go bad numerous times with the lifetime of a HD being around five years or failing early and getting RMA'd. Most HDs don't have warranties that long unless you buy really expensive ones.

A properly cooled GPU doesn't lose anymore lifetime then a properly cooled CPU when operating 24/7. It's just the fans and particularly one brand of manufacturer had crap fans from the amount of RMAs I had to do on them. Overvolting is something completely different.

The GPU market price is entirely dependent on the saturation (290s and 280s are still saturating eBay for instance from the x-miner craze) and if a new model is released that also depreciates older cards.


As far as scaring away miners. Halving of the value of the coin in the last month probably did that. There is no security. PoC has one coin and if Burst falls through then you basically are stuck with a bunch of hardware you can't use to mine any other coin. GPUs are quite flexible.

[wmikrut]

Let's not forget that Burst mining doesn't utilize the hard drive 100% of the time like mining on an GPU does.
Just a few minutes per block.

No doubt GPUs are more flexible -- but the cost of mining Burst is SIGNIFICANTLY lower than any GPU mining... unless you have free electricity -- then all bets are off.

[iscal]

BURST is ready to burst
7 BTC @0.00000100
Nobody has been dumping this week.

Put more orders there! or dump ...I'm buying

Miner with name /bin/laden dump the last 2 months 20-40 block/day.Send a pm to that guy i m sure dump many burst on your buy order.People like me look forward.We believe in Burst.We help the PR team.You look only your pocket.

[bitladen]

BURST is ready to burst
7 BTC @0.00000100
Nobody has been dumping this week.

Put more orders there! or dump ...I'm buying

Miner with name /bin/laden dump the last 2 months 20-40 block/day.Send a pm to that guy i m sure dump many burst on your buy order.People like me look forward.We believe in Burst.We help the PR team.You look only your pocket.

You're an imbecile. If I dumped everyday, what would be the volume? Ok I didn't dump because the price sucked. So if it keeps sucking, where does the coin go?

So yea, dump on my buy order, go right ahead!

[bitladen]

Hard drives have a finite lifetime. The only thing I've had go wrong with my GPUs is the fans dying on them and a few oopsies that were totally my fault. I've never had on of my GPU miners just 'die' for no reason. Hard drives on the other hand I've had go bad numerous times with the lifetime of a HD being around five years or failing early and getting RMA'd. Most HDs don't have warranties that long unless you buy really expensive ones.

A properly cooled GPU doesn't lose anymore lifetime then a properly cooled CPU when operating 24/7. It's just the fans and particularly one brand of manufacturer had crap fans from the amount of RMAs I had to do on them. Overvolting is something completely different.

The GPU market price is entirely dependent on the saturation (290s and 280s are still saturating eBay for instance from the x-miner craze) and if a new model is released that also depreciates older cards.


As far as scaring away miners. Halving of the value of the coin in the last month probably did that. There is no security. PoC has one coin and if Burst falls through then you basically are stuck with a bunch of hardware you can't use to mine any other coin. GPUs are quite flexible.

Do you actually use GPUs? or are you just making conversation? They are nowhere near as reliable as CPUs. The stock cooling is definitely not enough, I've had a bunch myself that failed, I wasn't even mining with them.

On the other hand, about HDDs, where do you get your information? Sure they have a limited lifespan. But that's like over 100,000 hours MTBF on any hard drive. And last I've checked they usually come with 2 or 3 year warranty if not 5. And 100k hours MTBF is over 10 years. In 10 years they'll be worthless anyway. So essentially HDDs have *unlimited* lifespan. And burst uses them like 1% of the time. So you can still use your computer, while mining. PoC is quite brilliant. Also, a HDD loses value more slowly than GPU or CPU, so BURST it's more like realestate, you make some money on the rent, but you still have the house that you can sell after 3 years. Oh and there's very little electricity cost too.

[Kartojal]

After the plotting, does the CPU and the RAM are important ?

No, you can mine with 2GB~1.5GB in Windows 8.1 with the Blago miner, and any dual-core CPU can be used for mining only. WIth a little linux distribution like Lubuntu i think you can mine with less than 1GB of ram with DCCT miner or Uray miner.

[Erkallys]

After the plotting, does the CPU and the RAM are important ?

No, you can mine with 2GB~1.5GB in Windows 8.1 with the Blago miner, and any dual-core CPU can be used for mining only. WIth a little linux distribution like Lubuntu i think you can mine with less than 1GB of ram with DCCT miner or Uray miner.

Nice thank you ! And if I put some internal HDD on "boxes" that have an USB cable (I don't know how this is called), is it profitable or will I lose a lot of time ?

[iscal]

BURST is ready to burst
7 BTC @0.00000100
Nobody has been dumping this week.

Put more orders there! or dump ...I'm buying

Miner with name /bin/laden dump the last 2 months 20-40 block/day.Send a pm to that guy i m sure dump many burst on your buy order.People like me look forward.We believe in Burst.We help the PR team.You look only your pocket.

You're an imbecile. If I dumped everyday, what would be the volume? Ok I didn't dump because the price sucked. So if it keeps sucking, where does the coin go?

So yea, dump on my buy order, go right ahead!

You move 30-40 blocks 3-5 times a day in a midlle acount and then to Poloniex.....I think u move many billion Burst here to keep them fresh  .
That Coin and that Team need people with faιth ,not people who look all the time at the PolonieXs price.

[catbref]

Doing minor tidying up on burst.ninja right now in case anyone wonders why it's gone slightly slow for a few minutes.