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

[Elmit]

Its a bit shame, and so strange to me that dev abandoned one of the gratest projects on crypto...

Dev has not abandoned - he's off dealing with some personal issues and is expected back in the near future. For now the core team will be covering, If he is unable to return there is a plan in place for migrating to a new dev.

H.

Core team? What is that? Secret club of janitors

I think the real explosion will happen soon, when BinLaden will take over the left over of BURST and make it to a real COIN. I guess he is just "minutes", if not "seconds" to have 51%.

[tanoury]

Help me mine at the DevPoolv2. I've been mining at various other Burst pools without a problem. When I try to connect to the DevPoolv2 I get this message in pocminer:

Warning: no passphrases.txt found
Mining without passphrases is currently not supported

Here is my run_mine.sh:

java -Xmx750m -cp pocminer.jar:lib/*:lib/akka/*:lib/jetty/* pocminer.POCMiner mine "http://178.62.39.204:8121"

A couple of things I'm not clear on:

1. Do I need to genrate new plots to mine at DevPoolv2?

2. My plots are on three hard drives. Do I just provide a link (short-cut) to them in the pocminr plot folder?

[duncan_idaho]

Its a bit shame, and so strange to me that dev abandoned one of the gratest projects on crypto...

Dev has not abandoned - he's off dealing with some personal issues and is expected back in the near future. For now the core team will be covering, If he is unable to return there is a plan in place for migrating to a new dev.

H.

It is bullshit for me. I know few big projects with abandone devs, same situation: family problems, personal problems. Why he dont login write short message to us? Is it so complicated? IMO better start to find for new developers.

[Elmit]

Its a bit shame, and so strange to me that dev abandoned one of the gratest projects on crypto...

Dev has not abandoned - he's off dealing with some personal issues and is expected back in the near future. For now the core team will be covering, If he is unable to return there is a plan in place for migrating to a new dev.

H.

It is bullshit for me. I know few big projects with abandone devs, same situation: family problems, personal problems. Why he dont login write short message to us? Is it so complicated? IMO better start to find for new developers.

YES! BURST has started with great features, but we are falling behind if we cannot maintain the advantage.
NOTHING should be build up on one person or one group only. Anything can happen to each of us. Such a project should not fail because of a missing person.

[Elmit]

1.45 PetaByte asset is still cheap available. Get it before the price lined up takes effect.

PetaByte is a mining asset. 1 PetaByte asset is equal to a mining power of 1 TB hard disk.
The mined rewards are distributed to all asset holders at the first days of the month for the previous month.

UNIQUE to all other assets is, that it is not important how long you owned the asset, but when you owned you get paid according to your asset shares.
We all know that you cannot buy 0.03 TB hard disks, but you can buy 0.03 PetaByte assets, that is equal to a hard disk of 0.03 TB.

Why let your BURSTs sit around and do nothing? Buy PetaByte assets instead and put a sell order to it. As long you own it you earn and it is gone as soon somebody buy it.

PetaByte asset you can buy by:
1. open your wallet
2. click on Asset Exchange
3. Add Asset ID 14668748687827404894
4. On the left side you see the offers of PetaBytes, click on Buy PetaByte with BURST
5. Fill in Quantity and use the suggested Price BURST/PetaByte
6. The form will display how much you need to pay for, including fee. If you have enough BURSTs in your wallet, click on Buy (BURST -> PetaByte)

Within a few confirmations, you are the new owner of PetaByte assets.

Enjoy earning, while we do the mining work for you.

[okae]

Its a bit shame, and so strange to me that dev abandoned one of the gratest projects on crypto...

Dev has not abandoned - he's off dealing with some personal issues and is expected back in the near future. For now the core team will be covering, If he is unable to return there is a plan in place for migrating to a new dev.

H.

exactly, if im not wrong @crowetic already told us that.

I can understand when people become nervous when the dev "disappear", but don't worry guys, if needed, im 100% sure that someone will fix it soon just keep believing on BURST!!!

[Elmit]

Its a bit shame, and so strange to me that dev abandoned one of the gratest projects on crypto...

Dev has not abandoned - he's off dealing with some personal issues and is expected back in the near future. For now the core team will be covering, If he is unable to return there is a plan in place for migrating to a new dev.

H.

exactly, if im not wrong @crowetic already told us that.

I can understand when people become nervous when the dev "disappear", but don't worry guys, if needed, im 100% sure that someone will fix it soon just keep believing on BURST!!!

Yes, he did, not only once! Many, many times, so that it sounds like a fairy tale !!!!

[crowetic]

We have this one pesky troll that just won't seem to go away.

Elmit, I am no one's 'boss'. Especially not Haitch's. He's someone who is extremely intelligent and helps me out because he's awesome. Hardly my employee. He's a friend of mine, a partner on my projects, and a great help with everything!


Never fear, everyone. Discussion within the core of BURST's future has commenced.


It is no secret that we haven't heard from the main dev since he mentioned personal issues (to the core only, unfortunately.) We will wait a little longer before making decisions, but I have written a 6 page paper with suggestions on changes and re-structuring of the coin. I will not release this information until we have come to a decision on what we think is best. Once the core can decide if it is something we'd like to present to the community, we will do so. Not before.


I'm sure we will come to a reasonable solution here. None of us want anything but a great future for our beloved BURSTcoin.


I believe we need some structure, coordination, and solid roadmap. Among other things. Which is part of the 6 page paper the team is reading and giving suggestions on. So please, don't think that nothing is happening. Things are, maybe not as fast as this hyperactive ADD community we call the crypto community would like, but that's what it is.


Take a deep breath, good. Now let it out. hehe.


On another note, we're looking for great graphics designer for the team, and also, if anyone has any sort of development experience, or some other skill that you believe would benefit the core team, message me or any of the team and let us know! Thanks!

[yeponlyone]

https://www.fiverr.com/categories/graphics-design

https://www.fiverr.com/categories/programming-tech


I'll happily contribute (make the order and pay) if you specify what you need. To stay at $5 seem to be too little but if you sort services for 25 bucks, they do interesting things.

Remember you can buy almost any service there, like proof-reading and editing.

I like the site a lot - you even might find ppl suitable to join the team and eventually pay in BURsT:). )

[luxe]

Help me mine at the DevPoolv2. I've been mining at various other Burst pools without a problem. When I try to connect to the DevPoolv2 I get this message in pocminer:

Warning: no passphrases.txt found
Mining without passphrases is currently not supported

Here is my run_mine.sh:

java -Xmx750m -cp pocminer.jar:lib/*:lib/akka/*:lib/jetty/* pocminer.POCMiner mine "http://178.62.39.204:8121"

The passphrases.txt contains your BURST passphrase and is no needed for poolmining, so setup is not correct. Check usage at: http://178.62.39.204:8121/ you need to use pocminer_pool.jar!
Btw. there are also other miners out there, that support DevPoolV2 like:
https://github.com/Blagodarenko/miner-burst/releases
https://github.com/de-luxe/burstcoin-jminer/releases

A couple of things I'm not clear on:

1. Do I need to genrate new plots to mine at DevPoolv2?

2. My plots are on three hard drives. Do I just provide a link (short-cut) to them in the pocminr plot folder?

1. No, if you have plot-files for your account, you can use them for devV2Pool, too.
2. Multiple drives are not supported by pocminer, you need to run 3 instances or find a 'hack' to link them into one drive. The other miners above support multiple drives, they are optimized for that, by using one thread for each drive. For example look at jminer config: https://github.com/de-luxe/burstcoin-jminer/blob/master/jminer.default.properties

[SpeedDemon13]

We have this one pesky troll that just won't seem to go away.

Elmit, I am no one's 'boss'. Especially not Haitch's. He's someone who is extremely intelligent and helps me out because he's awesome. Hardly my employee. He's a friend of mine, a partner on my projects, and a great help with everything!


Never fear, everyone. Discussion within the core of BURST's future has commenced.


It is no secret that we haven't heard from the main dev since he mentioned personal issues (to the core only, unfortunately.) We will wait a little longer before making decisions, but I have written a 6 page paper with suggestions on changes and re-structuring of the coin. I will not release this information until we have come to a decision on what we think is best. Once the core can decide if it is something we'd like to present to the community, we will do so. Not before.


I'm sure we will come to a reasonable solution here. None of us want anything but a great future for our beloved BURSTcoin.


I believe we need some structure, coordination, and solid roadmap. Among other things. Which is part of the 6 page paper the team is reading and giving suggestions on. So please, don't think that nothing is happening. Things are, maybe not as fast as this hyperactive ADD community we call the crypto community would like, but that's what it is.


Take a deep breath, good. Now let it out. hehe.


On another note, we're looking for great graphics designer for the team, and also, if anyone has any sort of development experience, or some other skill that you believe would benefit the core team, message me or any of the team and let us know! Thanks!

Just a suggestion, maybe make a separate ANN for the Burst Core Team. I feel that would have more positive energy, more frequent updates and what ever else until the main dev is back or decide to call it quits. People kind of lose confidence in a coin if the updates aren't frequent enough. Hope there's a back up plan just in case the main dev exit this coin. Just my suggestion and opinions.

[Elmit]

I'm cringing at Asset #2  - ByteBank
I've seen too much over the years to smell a ponzi-like setup.  You can never guarantee positive returns with no exposure to losses.  This asset may have all good intentions but the setup is questionable.  it will inevitably become a monster feeding itself: ponzi.
I cringe at this asset.

next asset is closer to reality.

someone please explain to me how I'm wrong about this at first glance?

How is it now?

[Elmit]

1.45 PetaByte asset is still cheap available. Get it before the price lined up takes effect.

PetaByte is a mining asset. 1 PetaByte asset is equal to a mining power of 1 TB hard disk.
The mined rewards are distributed to all asset holders at the first days of the month for the previous month.

UNIQUE to all other assets is, that it is not important how long you owned the asset, but when you owned you get paid according to your asset shares.
We all know that you cannot buy 0.03 TB hard disks, but you can buy 0.03 PetaByte assets, that is equal to a hard disk of 0.03 TB.

Why let your BURSTs sit around and do nothing? Buy PetaByte assets instead and put a sell order to it. As long you own it you earn and it is gone as soon somebody buy it.

PetaByte asset you can buy by:
1. open your wallet
2. click on Asset Exchange
3. Add Asset ID 14668748687827404894
4. On the left side you see the offers of PetaBytes, click on Buy PetaByte with BURST
5. Fill in Quantity and use the suggested Price BURST/PetaByte
6. The form will display how much you need to pay for, including fee. If you have enough BURSTs in your wallet, click on Buy (BURST -> PetaByte)

Within a few confirmations, you are the new owner of PetaByte assets.

Enjoy earning, while we do the mining work for you.

Update: Still 0.55 PetaByte assets

[crowetic]

I'm cringing at Asset #2  - ByteBank
I've seen too much over the years to smell a ponzi-like setup.  You can never guarantee positive returns with no exposure to losses.  This asset may have all good intentions but the setup is questionable.  it will inevitably become a monster feeding itself: ponzi.
I cringe at this asset.

next asset is closer to reality.

someone please explain to me how I'm wrong about this at first glance?

How is it now?

Just like I said, I'd keep it going as long as possible, and if it looked like it wouldn't be sustainable, I'd announce it may end, then place a buy wall for people to exit, which may happen soon.

What about this is an issue again? We never guaranteed it would be able to continue forever.

[haitch]

1.45 PetaByte asset is still cheap available. Get it before the price lined up takes effect.

PetaByte is a mining asset. 1 PetaByte asset is equal to a mining power of 1 TB hard disk.
The mined rewards are distributed to all asset holders at the first days of the month for the previous month.

UNIQUE to all other assets is, that it is not important how long you owned the asset, but when you owned you get paid according to your asset shares.
We all know that you cannot buy 0.03 TB hard disks, but you can buy 0.03 PetaByte assets, that is equal to a hard disk of 0.03 TB.

Why let your BURSTs sit around and do nothing? Buy PetaByte assets instead and put a sell order to it. As long you own it you earn and it is gone as soon somebody buy it.

PetaByte asset you can buy by:
1. open your wallet
2. click on Asset Exchange
3. Add Asset ID 14668748687827404894
4. On the left side you see the offers of PetaBytes, click on Buy PetaByte with BURST
5. Fill in Quantity and use the suggested Price BURST/PetaByte
6. The form will display how much you need to pay for, including fee. If you have enough BURSTs in your wallet, click on Buy (BURST -> PetaByte)

Within a few confirmations, you are the new owner of PetaByte assets.

Enjoy earning, while we do the mining work for you.

Update: Still 0.55 PetaByte assets

OMG Elmit, your asset just made me snort out my nose .....  LOL

Based on the output of: http://localhost:8125/burst?requestType=getAssetAccounts&asset=14668748687827404894

I get that you have have sold 1.78%, which by your own words, represents 18.2TB. You have another 10TB available for sale, so obviously you have about 28TB of storage mining and backing this "asset". Yet by my calcs, it's more like 12TB. Can you explain this difference and show this 28TB you have mining?

Then I looked at the account of your 29 investors. Let's take your largest investor as an example. That poor person holds 3.074 of your asset, representing according to your works 3.074TB.

Now according to the Burstcoin.eu mining calculator 3.074TB should be earning 21,100 Burst/month.

So how is your lucky investor doing?

Sept: 6,600
Aug:  4,400
July:  7,300

So in the best month that investor ever had with your "asset", they earned 1/3 of what they should have. WooHoo - Elmit's only stealing 66% of my investment. (That assumes that back in July they didn't have more of your asset and have managed to offload some of it to some other poor sucker).

So at a cost of 400,000 Burst/TB, when will the asset pay for itself?  (To be generous I'll use their best month ever, assuming they held the same number of your "asset" then.)

Lets see:

3.074 * 400,000 / 7300 = 168.4 months. So around 14 years.

Seriously? 14 Years before an asset pays for itself? If your asset was paying at least the expected payout, rather than 1/3 of it - then ok, more reasonable, but 14 years of earning 1/3 of what you should. Buyer beware, this "asset" just brings tears ..... But if you can pick it up under 100K, its reasonable, unless Elmit decides to steal more.

H.

[yellowduck2]

Looking forward to burst 2.0 

[Elmit]

1.45 PetaByte asset is still cheap available. Get it before the price lined up takes effect.

PetaByte is a mining asset. 1 PetaByte asset is equal to a mining power of 1 TB hard disk.
The mined rewards are distributed to all asset holders at the first days of the month for the previous month.

UNIQUE to all other assets is, that it is not important how long you owned the asset, but when you owned you get paid according to your asset shares.
We all know that you cannot buy 0.03 TB hard disks, but you can buy 0.03 PetaByte assets, that is equal to a hard disk of 0.03 TB.

Why let your BURSTs sit around and do nothing? Buy PetaByte assets instead and put a sell order to it. As long you own it you earn and it is gone as soon somebody buy it.

PetaByte asset you can buy by:
1. open your wallet
2. click on Asset Exchange
3. Add Asset ID 14668748687827404894
4. On the left side you see the offers of PetaBytes, click on Buy PetaByte with BURST
5. Fill in Quantity and use the suggested Price BURST/PetaByte
6. The form will display how much you need to pay for, including fee. If you have enough BURSTs in your wallet, click on Buy (BURST -> PetaByte)

Within a few confirmations, you are the new owner of PetaByte assets.

Enjoy earning, while we do the mining work for you.

Update: Still 0.55 PetaByte assets

...

(Nonsense deleted)

Let's look at other assets?
How many assets has your boss created? How many of them are still alive?
Sorry, he is not your boss, I always forget you are his "friend", ...

How many other thing did he start? How many things are still here?
How many pools he needed to setup to get one working?

How many more nonsense do I need to hear from you, like Singapore water department, ...

How about you use your intelligence (- I am not convinced of it, but your boss is) to do something that increases the price of BURST? No idea, right?
But you find always words to critic on my. If you would just half of the time you would tweet ... or do something productive would have an impact on the BURST price. But no, you keep on talking nonsense!

Look at the latest statistics:

Pool Statistics
Current time: 2015-09-04 03:15:39 UTC
Block: 138,956
Difficulty: 7,982
Est. Networksize (PB): 8.3697254615677

BURST.MiningHere.com
Pool balance: 60,805
Registered Miners: 280

burst.ninja
Pool balance: 16,727
Registered Miners: 400

burst.poolto.be
Pool balance: 7,698
Registered Miners: 254

cryptomining.farm
Pool balance: 116,372
Registered Miners: 1,862

DevPool v2
Pool balance: 591,374
Registered Miners: 551

mining.tompool.org
Pool balance: 1,249
Registered Miners: 56

pool.blago
Pool balance: 2
Registered Miners: 114

pool.burstcoin.de
Pool balance: 25,247
Registered Miners: 120

pool.burstcoin.it
Pool balance: 38
Registered Miners: 53


Don't you find there a victim to smear on

Just noticed, burst.ninja is back on 400 - Congratulations. My friend always says video advertisement works best.

Did you forget the questions? Look at the balances and the registered miners. I know that registered miners are MUCH higher than active miners. Anything you can spot here?

[Elmit]

Looking forward to burst 2.0 

What are you expecting? Just a number change? ;-)

[haitch]

1.45 PetaByte asset is still cheap available. Get it before the price lined up takes effect.

PetaByte is a mining asset. 1 PetaByte asset is equal to a mining power of 1 TB hard disk.
The mined rewards are distributed to all asset holders at the first days of the month for the previous month.

UNIQUE to all other assets is, that it is not important how long you owned the asset, but when you owned you get paid according to your asset shares.
We all know that you cannot buy 0.03 TB hard disks, but you can buy 0.03 PetaByte assets, that is equal to a hard disk of 0.03 TB.

Why let your BURSTs sit around and do nothing? Buy PetaByte assets instead and put a sell order to it. As long you own it you earn and it is gone as soon somebody buy it.

PetaByte asset you can buy by:
1. open your wallet
2. click on Asset Exchange
3. Add Asset ID 14668748687827404894
4. On the left side you see the offers of PetaBytes, click on Buy PetaByte with BURST
5. Fill in Quantity and use the suggested Price BURST/PetaByte
6. The form will display how much you need to pay for, including fee. If you have enough BURSTs in your wallet, click on Buy (BURST -> PetaByte)

Within a few confirmations, you are the new owner of PetaByte assets.

Enjoy earning, while we do the mining work for you.

Update: Still 0.55 PetaByte assets

...

(Nonsense deleted)

Let's look at other assets?
How many assets has your boss created? How many of them are still alive?
Sorry, he is not your boss, I always forget you are his "friend", ...

4/4 created and alive.

How many other thing did he start? How many things are still here?

Other thing? No idea what you mean?

How many pools he needed to setup to get one working?

He set up one using the same code you're using, then when he realized how broken it was, he commisioned brand new code. You, using the same broken code, just hide the brokeness and continue to steal from your miners. Register to see stats, register will be coming soon ... for the last three months its been "coming soon".

How about you use your intelligence (- I am not convinced of it, but your boss is) to do something that increases the price of BURST? No idea, right?

Five seconds later into your BS you've already forgotten again he's not my boss ....

But you find always words to critic on my. If you would just half of the time you would tweet ... or do something productive would have an impact on the BURST price. But no, you keep on talking nonsense!

I'm doing a lot to benefit Burst, exposing scams and schemes like yours I do for free in my spare time.

Look at the latest statistics:

What, you want me to highlight again that the miners at your pool all have minuscule plots and are probably bots, where as the other pools have real miners ?

Just noticed, burst.ninja is back on 400 - Congratulations. My friend always says video advertisement works best.

Just noticed that you're back to 280, a lot better than the 11 you were at the other day, guess your botminers found a way to disguise themselves after being shutdown as malware. ?

Did you forget the questions? Look at the balances and the registered miners. I know that registered miners are MUCH higher than active miners. Anything you can spot here?

What the hell is the question? Pools hold a balance to cover upcoming payouts. Was there some obscure meaning to your otherwise meaningless question ? Or were you highlighting how high your balance was and how much you had available to steal ?

[haitch]

But Elmit, my biggest faux pas, in replying to your email I neglected to note that you failed to address, and actually just deleted as "nonsense", my request that you explain why:

1) Prove the 28TB you claim is backing you asset
2) Explain why you asset only pays 1/3 of what it should.

Can you get back to these items and explain please?

Thanks.

H.