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

[padrino]

Looking for a couple of pointers, some searches turned up a bunch of information and a number of options, looking for some guidance from experienced miners...

I have a 40TB system in 10X 4TB HDDs (it's been for sale but for now I might as well mine BURST with it)..

Thinking about putting Ubuntu back on a boot drive and setting up a massive RAID0, does that make the most sense or should I break it up somehow?

Thanks for any assistance..

[mczarnek]

Regarding the issue of funding:


http://cointelegraph.com/news/114549/crowdfunding-set-to-surpass-vc-anz-integrates-contactless-payment-verifone-partners-with-ericsson

Ok, this is a suggestion and I hope I wont write about it for the next 20 hours and become rude I thought of that donation you got and, in communication with crowetic, I come to the conclusion that you need a lot more money then 50 BTC. So:


1. Run a traditional crowdfunding campaign. Do not use Burst own platform but one of the established ones. There are many to chose from, and also a bunch of sites of more informative nature (for the latter, see for example http://www.realitycrowdtv.com/blog/news/the-9-stages-to-crowdfunding-success/

2. In the presentation, be supportive of the blockchain technology per se, being one of the centuries biggest innovation that will.

3. Point out one big failure of bitcoin and other major cryptocurrencies: energy-waste. There are graphs showing how much electricity POW coins consume and will consume in the future.

4. Presenting Burst, focus on its eco-friendlyness. If possible, also show this by a picture. For nuance, possibly give credit to KNC, how (if I remember correctly) gets their power straight from a waterfall.

5. Create a stand-alone website for the campaign, informative but easily readable.

6. More knowledgeable people will bring up POS as an alternative. Use the regular counter-argument but also highlight Matthew Czarnek's criticism (burstcoin.info/blog/).

7. Do not set the goal too high, maybe $50,000 and call it seed money.

8. Set a number of goals you want to reach by means for the seed money, and be honest about that more funding will be required, either by a new crowdfunding campaign when goals are reached or by venture capital, to really challenge bitcoin.

9. Even if you are asking for a relatively small sum, offer a professional (looking) business plan along with the presentation, where not only the coin is presented and the short-term goals are mentioned but also how each goal will be achieved (and cost), and how that relates to the bigger plan of challenge POW coins energy problem. Some of the goals should be technological and rather simple achievable; other can be hiring someone to design a logo  (see no. 10). There should be hesitation among the devs that they can reach the goals within the time-frame.

10. To get funders feel they are not only is contributing to a risky business, but also give them something back. Ask them to create an account on crowetic's online wallet (simple) and transfer them a few coins, pointing out that these can be really valuable in the future.

11. Consider a fork of Burst with a new name to mirror this promotion. Something with "eco", "environmental" or "save the planet" are names possible. If forking, possibly adjust the valid criticism raised against the coin. A fork do have the advantage that you are not Burst, a year-long mined coin costing 70 satoshi, but generally keep most of the things unchanged and highlight Burst as the innovation you will build on the future on. If you chose this path, a higher sum probably can be asked for.

12. If this does not suit you there is one other alternative, but it is not as straightforward and more related on luck.

Interesting idea.

[Irontiga]

If the owner of a product could mark it as not being shown, then they would show per default, but you could put stuff out there that was for a smaller circle of people only. Ideally you could choose from :
- show in marketplace
- show up if searched for by name
- only show up if you know the id

Just an idea, any comments to this idea?

I think that before we start with market place listing reviews or what u suggest we need to implement some sort of trust system. Not 100% based on how much burst you have, but rather on things like running nodes(were you on the right fork etc.). Then we can implement fair reviews, and tagging content (is this listing inappropriate....Burst will never be a good replacement if the market place is filled with porn, as it will develop a massive stigma). Also, not sure who was talking about it, think it was call me jack, but he said about decentralised irc, well, mczarnek and i have talked about that for a long time, and this would also require and improve the trust system i believe. At the end of the day, what we actually need is devs, but then that's a funny thing, as coins with lots of money get devs, coins with devs get money, and coins with good publicity get both, but need both!

Dammit.

[Elmit]

Regarding the issue of funding:


http://cointelegraph.com/news/114549/crowdfunding-set-to-surpass-vc-anz-integrates-contactless-payment-verifone-partners-with-ericsson

Ok, this is a suggestion and I hope I wont write about it for the next 20 hours and become rude I thought of that donation you got and, in communication with crowetic, I come to the conclusion that you need a lot more money then 50 BTC. So:


1. Run a traditional crowdfunding campaign. Do not use Burst own platform but one of the established ones. There are many to chose from, and also a bunch of sites of more informative nature (for the latter, see for example http://www.realitycrowdtv.com/blog/news/the-9-stages-to-crowdfunding-success/

2. In the presentation, be supportive of the blockchain technology per se, being one of the centuries biggest innovation that will.

3. Point out one big failure of bitcoin and other major cryptocurrencies: energy-waste. There are graphs showing how much electricity POW coins consume and will consume in the future.

4. Presenting Burst, focus on its eco-friendlyness. If possible, also show this by a picture. For nuance, possibly give credit to KNC, how (if I remember correctly) gets their power straight from a waterfall.

5. Create a stand-alone website for the campaign, informative but easily readable.

6. More knowledgeable people will bring up POS as an alternative. Use the regular counter-argument but also highlight Matthew Czarnek's criticism (burstcoin.info/blog/).

7. Do not set the goal too high, maybe $50,000 and call it seed money.

8. Set a number of goals you want to reach by means for the seed money, and be honest about that more funding will be required, either by a new crowdfunding campaign when goals are reached or by venture capital, to really challenge bitcoin.

9. Even if you are asking for a relatively small sum, offer a professional (looking) business plan along with the presentation, where not only the coin is presented and the short-term goals are mentioned but also how each goal will be achieved (and cost), and how that relates to the bigger plan of challenge POW coins energy problem. Some of the goals should be technological and rather simple achievable; other can be hiring someone to design a logo  (see no. 10). There should be hesitation among the devs that they can reach the goals within the time-frame.

10. To get funders feel they are not only is contributing to a risky business, but also give them something back. Ask them to create an account on crowetic's online wallet (simple) and transfer them a few coins, pointing out that these can be really valuable in the future.

11. Consider a fork of Burst with a new name to mirror this promotion. Something with "eco", "environmental" or "save the planet" are names possible. If forking, possibly adjust the valid criticism raised against the coin. A fork do have the advantage that you are not Burst, a year-long mined coin costing 70 satoshi, but generally keep most of the things unchanged and highlight Burst as the innovation you will build on the future on. If you chose this path, a higher sum probably can be asked for.

12. If this does not suit you there is one other alternative, but it is not as straightforward and more related on luck.

Nr. 7 is dangerous, because 50,000 is just such a small amount to be sure you are not taken serious, and it shows that you have no business practice if you believe you could move with that anything. It would fall back on you as incapable.
It is not to make a number only, but also a plan what you would do with that money.

[FakeAccount]

Looking for a couple of pointers, some searches turned up a bunch of information and a number of options, looking for some guidance from experienced miners...

I have a 40TB system in 10X 4TB HDDs (it's been for sale but for now I might as well mine BURST with it)..

Thinking about putting Ubuntu back on a boot drive and setting up a massive RAID0, does that make the most sense or should I break it up somehow?

Thanks for any assistance..

no raid.  just 10 individual disks. and setup to read all 10 simultaneously.  i mean you could do raid 0, but with 2 disks at a time only, i wouldn't push it beyond.  that's my two bursts based on running a large miner for some time.

[callmejack]

Looking for a couple of pointers, some searches turned up a bunch of information and a number of options, looking for some guidance from experienced miners...

I have a 40TB system in 10X 4TB HDDs (it's been for sale but for now I might as well mine BURST with it)..

Thinking about putting Ubuntu back on a boot drive and setting up a massive RAID0, does that make the most sense or should I break it up somehow?

Thanks for any assistance..

no raid.  just 10 individual disks. and setup to read all 10 simultaneously.  i mean you could do raid 0, but with 2 disks at a time only, i wouldn't push it beyond.  that's my two bursts based on running a large miner for some time.

depending on the way you want plot these drives take a look at glusterfs.
without creeping too deep into details how it works you would have one mount target to plot to as visible big volume and tell your miners to read directly from  the glusterfs brick mount points.  glusterfs then distributes your plots by round robin over all bricks.
you can see glusterfs as a kind of abstraction layer for your systems blockdevices.
it scales quite well if you want to extend it at some point by either new machines or additional disks.
even if you plan to plot with multiple machines on linux/windows you can export the volume as share and each plotting machine sees which plots exist (good for plot scripts).

[q327K091]

glusterfs is used by LANL (Los Alamos National Laboratories) you are in a very good company then  

find it great that people could purchase BURST at much lower prices and yet they chose to mine instead that is great for coin network security and overall makes a coin active instead of a dud being bounced around on exchanges

[q327K091]

acquired around 700,000 BURST since you are selling

[yellowduck2]

Can anybody confirm developer still working on burst?  Do we need community take over of coin?

[xizmax]

Dear All,

In light of recent discussions we've decided to open up a slack for communication and see how it works out.

Slack is located at burstcoin.slack.com and everyone is welcome. If you'd like an invite shoot me a PM with your email address or email me at xiz[AT]hushmail.com

Thanks

[q327K091]

Dear All,

In light of recent discussions we've decided to open up a slack for communication and see how it works out.

Slack is located at burstcoin.slack.com and everyone is welcome. If you'd like an invite shoot me a PM with your email address or email me at xiz[AT]hushmail.com

Thanks

great idea (slack) I am already there in the "supernet" group, it is working very well for them, hope one day supernet and burst "talk to each other" ie all they need to do is like QORA open interface for AT.. for inter coin exchange and just in general collaborate

above, development of burst is happening and there is a nice roadmap, I believe some people confused "getting rich fast" with pure technological innovation that occurred and will be occurring further, money will come later, although this might be a perfect time to acquire coins (in my opinion)


 

also speaking of money, so look from this way, slack and dynamics of development and collaboration in Supernet group is causing BTCD (and auxiliary support coins such as VPN) to go up (I doubled on it more or less) but it takes time, same here,  please be patient and take one day at a time and mine of course.. that peta capacity is great it has peaks upwards of 18,000 , thats substantial..

[xizmax]

Dear All,

In light of recent discussions we've decided to open up a slack for communication and see how it works out.

Slack is located at burstcoin.slack.com and everyone is welcome. If you'd like an invite shoot me a PM with your email address or email me at xiz[AT]hushmail.com

Thanks

I took the liberty and invited everyone who registered for our newsletter.
If you object to that, please let me know.

Also: BUMP

[Turn0ff]

Really slow death of burstcoin 

Your questions and answers here: https://www.facebook.com/burstcoin.sk

Nice work Should be on the OP, I think.

If main-dev isn't here much, perhaps we can start a new ANN page where we can update and make a better OP.

[Karl Perkin]

Hello,

This is Karl Perkin. in a few minutes I will start the campaign on my Twitter account to show that Burst is undervalued. I do not know how long it will be going on, but I have planned quite a few tweets. I will, however, not post everything at once.


Firstly, I encourage everyone who supports Burst to join my account at https://twitter.com/karl_perkin and retweet the posts. As of now, I only have a 75 followers.


Secondly, you can still contribute contents for tweets, preferably in 140 characters, on why Burst currently trading at 74 satoshi IS seriously undervalued!


Thank you all for helping Burst!


Warm regards,
Karl

[burstcoin]

Can anybody confirm developer still working on burst?  Do we need community take over of coin?

Confirming I'm still here. Sorry things have been slow lately.

[Karl Perkin]

Hello,

This is Karl Perkin. in a few minutes I will start the campaign on my Twitter account to show that Burst is undervalued. I do not know how long it will be going on, but I have planned quite a few tweets. I will, however, not post everything at once.


Firstly, I encourage everyone who supports Burst to join my account at https://twitter.com/karl_perkin and retweet the posts. As of now, I only have a 75 followers.


Secondly, you can still contribute contents for tweets, preferably in 140 characters, on why Burst currently trading at 74 satoshi IS seriously undervalued!


Thank you all for helping Burst!


Warm regards,
Karl

I planned three tweets for the first batch on the issue of undervaluation but it ended up five, with two graphs! And much more to come later.

Retweet = support!

Warm regards,
Karl

https://twitter.com/karl_perkin

[xizmax]

Hello,

This is Karl Perkin. in a few minutes I will start the campaign on my Twitter account to show that Burst is undervalued. I do not know how long it will be going on, but I have planned quite a few tweets. I will, however, not post everything at once.


Firstly, I encourage everyone who supports Burst to join my account at https://twitter.com/karl_perkin and retweet the posts. As of now, I only have a 75 followers.


Secondly, you can still contribute contents for tweets, preferably in 140 characters, on why Burst currently trading at 74 satoshi IS seriously undervalued!


Thank you all for helping Burst!


Warm regards,
Karl

I planned three tweets for the first batch on the issue of undervaluation but it ended up five, with two graphs! And much more to come later.

Retweet = support!

Warm regards,
Karl

https://twitter.com/karl_perkin

Thanks for all your work mate. If you want to join our community slack at burstcoin.slack.com shoot me your email address in a PM or send it to xiz[at]hushmail.com.

That goes for everyone! Come join us!

[zippolo]

Can anybody confirm developer still working on burst?  Do we need community take over of coin?

Confirming I'm still here. Sorry things have been slow lately.

Glad to hear from you  

[coinits]

Can anybody confirm developer still working on burst?  Do we need community take over of coin?

Confirming I'm still here. Sorry things have been slow lately.

Ummm

That's it?

What are your future plans for the coin?

What about binladen saying increase the rewards or he will dump the coin to dust?

While the guy has a piss-poor attitude, he does raise some valid points. A lot of people sitting on a lot of coins that were massively mined when block rewards were so much higher and difficulty much lower.

Shrinking block rewards are killing the coin because it is making it too hard to mine. People do not want to invest in the coin nor equipment because of all of the large bag holders sitting on their stash.

It would be nice to hear you address this.

Thank you.

[pinballdude]

Can anybody confirm developer still working on burst?  Do we need community take over of coin?

Confirming I'm still here. Sorry things have been slow lately.

Ummm

That's it?

What are your future plans for the coin?

What about binladen saying increase the rewards or he will dump the coin to dust?

While the guy has a piss-poor attitude, he does raise some valid points. A lot of people sitting on a lot of coins that were massively mined when block rewards were so much higher and difficulty much lower.

Shrinking block rewards are killing the coin because it is making it too hard to mine. People do not want to invest in the coin nor equipment because of all of the large bag holders sitting on their stash.

It would be nice to hear you address this.

Thank you.

when block rewards go down, if the price stays the same, the least effective miners will abandon ship, and thus the ones staying behind will make more.

However, the creation of fewer burstcoins over a given period of time, will lessen supply, while demand is liekly the same, that will tend to move the price up.

imo, the parameters selected for burstcoin is in the top 5% best parameters selected for any altcoin. they are good for the long term, and we want/need longterm commitment.