Elmit
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May 30, 2015, 01:36:05 AM |
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Yes, he just walked away with asset money without a warning and now, who bought his asset, can't sell it and will not be paid anymore since there are no fees from pools...not a nice move
Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore!
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Elit
Member
Offline
Activity: 98
Merit: 10
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May 30, 2015, 04:27:34 AM |
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Yes, he just walked away with asset money without a warning and now, who bought his asset, can't sell it and will not be paid anymore since there are no fees from pools...not a nice move
Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore! All this kinda make me wonder if its better to sell out all my assets. Uray have invest so many in BURST and gone like this. Same can happens to any one from assets owner i have invested.
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jwinterm
Legendary
Offline
Activity: 3178
Merit: 1119
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May 30, 2015, 04:32:15 AM |
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* jwinterm nominates this thread for best Engrish on BTCtalk
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bensam1231
Legendary
Offline
Activity: 1764
Merit: 1024
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May 30, 2015, 06:23:50 AM |
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Yes, he just walked away with asset money without a warning and now, who bought his asset, can't sell it and will not be paid anymore since there are no fees from pools...not a nice move
Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore! All this kinda make me wonder if its better to sell out all my assets. Uray have invest so many in BURST and gone like this. Same can happens to any one from assets owner i have invested. Yup, as soon as the market started bombing... And for the love of god I STILL can't find as many blocks mining solo as I can while mining on a pool. There is definitely something broken when I host a wallet and based on what I heard about nix and about windows, it could be because I'm on Windows. I noticed this in the first two weeks I was mining this coin and people said I'm crazy, four months later and it's still happening. The whole sillyness with the Blago miner being quite inferior to the DCCT miner which is nix only compounds things too. Blagos still crashing with the 'out of bounds' error I reported two months ago Going back to what I complained about three months ago, this coin is very dependent on CPU hardware, not just HDs. Even with really fast hardware you end up around a 40s mine time if you use Windows (5TB HDs), but then you get people using DCCT one nix reporting mine times around 6-10s (like Bitladen) for a PB. I know PoC2 is supposed to fix this, but it's not here and Burst hasn't talked about it in quite some time. What does this mean? Someone with a insanely fast scan times scoop up all the fast blocks, which artificially increase how much they get paid. Fastblocks account for like 10% of the network volume.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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romdu
Newbie
Offline
Activity: 21
Merit: 0
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May 30, 2015, 07:58:20 AM |
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Uray did really great for BURST! Great miner & nice poolcode - BIG THX @URAY
I've also lost the BURST invested in his asset but ALWAYS remember: just invest only as much as you can afford to lose.
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vytasz7
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May 30, 2015, 08:43:08 AM |
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Uray did really great for BURST! Great miner & nice poolcode - BIG THX @URAY
I've also lost the BURST invested in his asset but ALWAYS remember: just invest only as much as you can afford to lose.
What asset ?
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Elmit
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May 30, 2015, 08:58:58 AM |
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Yes, he just walked away with asset money without a warning and now, who bought his asset, can't sell it and will not be paid anymore since there are no fees from pools...not a nice move
Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore! All this kinda make me wonder if its better to sell out all my assets. Uray have invest so many in BURST and gone like this. Same can happens to any one from assets owner i have invested. Yup, as soon as the market started bombing... And for the love of god I STILL can't find as many blocks mining solo as I can while mining on a pool. There is definitely something broken when I host a wallet and based on what I heard about nix and about windows, it could be because I'm on Windows. I noticed this in the first two weeks I was mining this coin and people said I'm crazy, four months later and it's still happening. The whole sillyness with the Blago miner being quite inferior to the DCCT miner which is nix only compounds things too. Blagos still crashing with the 'out of bounds' error I reported two months ago Going back to what I complained about three months ago, this coin is very dependent on CPU hardware, not just HDs. Even with really fast hardware you end up around a 40s mine time if you use Windows (5TB HDs), but then you get people using DCCT one nix reporting mine times around 6-10s (like Bitladen) for a PB. I know PoC2 is supposed to fix this, but it's not here and Burst hasn't talked about it in quite some time. What does this mean? Someone with a insanely fast scan times scoop up all the fast blocks, which artificially increase how much they get paid. Fastblocks account for like 10% of the network volume. Could it be, that your time is not synchronized?
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zippolo
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May 30, 2015, 10:22:16 AM |
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Uray did really great for BURST! Great miner & nice poolcode - BIG THX @URAY
I've also lost the BURST invested in his asset but ALWAYS remember: just invest only as much as you can afford to lose.
Mind my word, I'm not saying that he didn't do great things for burst, I'm only referring to his asset. I've had the occasion to chat with Uray last winter regarding is pool code and other related project and he seemed to be a good guy but this cannot used to justify him. He sold 50% of his asset at 5,000,000 burst and then, few month ago, did put a buy order at half the price, move that also made the price of the asset go down a little. If he wanted to be correct, he could have send a message to his shareholders warning them that he was shutting down his whole project and then of course everyone would have sell. And for the "just invest only as much as you can afford to lose" part, here we are talking about a 100$ or less (for the % I own) so obviously is not about the money.
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zippolo
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May 30, 2015, 11:16:28 AM |
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To say he run away with assets is really nothing else than big bad mouth. The pools he were running did not make any profit, and I blame more his disappearance on the bad performing of BURST itself. What did he get for his weeks/months of programming? NOTHING, but bad talks.
Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore!
I'm not an English native speaker so forgive me if I didn't understood it well. Are you saying that me, talking about an asset that will not pay anymore and cannot be selled is "big bad mouth" and you, doing the same with an asset that was absorbed by another asset that is currently paying is the crusade of the righteous? English is very hard to understand, what seems to me as a lack of coherence is probably just a misinterpretation
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vytasz7
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May 30, 2015, 12:59:21 PM |
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Uray did really great for BURST! Great miner & nice poolcode - BIG THX @URAY
I've also lost the BURST invested in his asset but ALWAYS remember: just invest only as much as you can afford to lose.
Mind my word, I'm not saying that he didn't do great things for burst, I'm only referring to his asset. I've had the occasion to chat with Uray last winter regarding is pool code and other related project and he seemed to be a good guy but this cannot used to justify him. He sold 50% of his asset at 5,000,000 burst and then, few month ago, did put a buy order at half the price, move that also made the price of the asset go down a little. If he wanted to be correct, he could have send a message to his shareholders warning them that he was shutting down his whole project and then of course everyone would have sell. And for the "just invest only as much as you can afford to lose" part, here we are talking about a 100$ or less (for the % I own) so obviously is not about the money. what asset are you talking about?
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AngelLox
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May 30, 2015, 01:30:34 PM |
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Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
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bensam1231
Legendary
Offline
Activity: 1764
Merit: 1024
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May 30, 2015, 04:39:19 PM |
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Yes, he just walked away with asset money without a warning and now, who bought his asset, can't sell it and will not be paid anymore since there are no fees from pools...not a nice move
Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore! All this kinda make me wonder if its better to sell out all my assets. Uray have invest so many in BURST and gone like this. Same can happens to any one from assets owner i have invested. Yup, as soon as the market started bombing... And for the love of god I STILL can't find as many blocks mining solo as I can while mining on a pool. There is definitely something broken when I host a wallet and based on what I heard about nix and about windows, it could be because I'm on Windows. I noticed this in the first two weeks I was mining this coin and people said I'm crazy, four months later and it's still happening. The whole sillyness with the Blago miner being quite inferior to the DCCT miner which is nix only compounds things too. Blagos still crashing with the 'out of bounds' error I reported two months ago Going back to what I complained about three months ago, this coin is very dependent on CPU hardware, not just HDs. Even with really fast hardware you end up around a 40s mine time if you use Windows (5TB HDs), but then you get people using DCCT one nix reporting mine times around 6-10s (like Bitladen) for a PB. I know PoC2 is supposed to fix this, but it's not here and Burst hasn't talked about it in quite some time. What does this mean? Someone with a insanely fast scan times scoop up all the fast blocks, which artificially increase how much they get paid. Fastblocks account for like 10% of the network volume. Could it be, that your time is not synchronized? Have it set to syncronize every 30 minutes.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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mightgetlucky
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May 30, 2015, 04:42:08 PM |
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Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
I was just wondering about that too.
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sguegliam
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May 30, 2015, 04:52:24 PM |
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I have mining burst for more of 2 month and only accumulated. Only today i have see the very low price, only 75/80 satoshi for burst. Why is very low?
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muhrohmat
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May 30, 2015, 05:40:54 PM |
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well i dont know but i might go change my aim to some new services of disk space to host and eran other coins i can not post here like 3 new sites of hard disk lending and hosting and coin sharing and file sharing but i might go there in june 7
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bitladen
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May 30, 2015, 07:36:40 PM |
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There's a 2.8M BURST bounty for a coin mixer in burst. Out of which 1M is my contribution. I figure it would take at least 10M to be of interest to a coder, maybe you guys wanna add to this bounty, instead of holding on to the coin forever
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crowetic
Legendary
Offline
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
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May 30, 2015, 07:53:22 PM |
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Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
I was just wondering about that too. PoS has inherent issues that PoC resolves. People like mining. HDD mining is WAY better than PoW mining (traditional) in every way. ' If they didn't remove PoS, BURST would just be a better NXT, and not hugely innovative new style of mining (like it is.) to name a few
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| ORTAL
| .⊙.Web and Application hosting. ⊙ decentralized infrastructure .⊙.leveling and voting.
| Founder/current dev group facilitator |
[/td][/tr][/table] [/table]
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Elmit
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May 30, 2015, 10:29:54 PM |
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Yes, he just walked away with asset money without a warning and now, who bought his asset, can't sell it and will not be paid anymore since there are no fees from pools...not a nice move
Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore! All this kinda make me wonder if its better to sell out all my assets. Uray have invest so many in BURST and gone like this. Same can happens to any one from assets owner i have invested. Yup, as soon as the market started bombing... And for the love of god I STILL can't find as many blocks mining solo as I can while mining on a pool. There is definitely something broken when I host a wallet and based on what I heard about nix and about windows, it could be because I'm on Windows. I noticed this in the first two weeks I was mining this coin and people said I'm crazy, four months later and it's still happening. The whole sillyness with the Blago miner being quite inferior to the DCCT miner which is nix only compounds things too. Blagos still crashing with the 'out of bounds' error I reported two months ago Going back to what I complained about three months ago, this coin is very dependent on CPU hardware, not just HDs. Even with really fast hardware you end up around a 40s mine time if you use Windows (5TB HDs), but then you get people using DCCT one nix reporting mine times around 6-10s (like Bitladen) for a PB. I know PoC2 is supposed to fix this, but it's not here and Burst hasn't talked about it in quite some time. What does this mean? Someone with a insanely fast scan times scoop up all the fast blocks, which artificially increase how much they get paid. Fastblocks account for like 10% of the network volume. Could it be, that your time is not synchronized? Have it set to syncronize every 30 minutes. Are you sure you set the time or just check the drift? Have you set the right timezone? If you have "AM" instead of "PM", then I am sure you will never have any solo mining success!
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Elmit
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May 30, 2015, 10:33:51 PM |
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Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
I was just wondering about that too. On Burstforum was a thread about using BlueRay disk packages (10 in a cassette) with a jukebox like selector. Never heard about that project again. Is a good idea!
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mczarnek
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May 30, 2015, 10:37:49 PM Last edit: May 30, 2015, 11:00:39 PM by mczarnek |
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Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
I was just wondering about that too. This might explain: https://docs.google.com/document/d/1cLFDFqMP0hhD-5kngKCTZfXM6a24yDfhAbwdgL3BAsQ/edit?usp=sharingI think that is one of our problems.. people don't immediately understand why POC beats POS. But long story short POC has a lot of advantages over POS.. still almost as energy efficient but fixes some security issues and helps get new people on board via mining giving them "Free" coins, as opposed to POS or POW where you have to spend money to get more than a measly 1 or 2 cents worth of coin that you'll get out of a faucet. And in reply to AngelLox, per dollar spent on mining equipment, you can still do much better mining Burst that POW. And likely always will be able to.
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