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

[haitch]

But Elmit, you still haven't answered, and actually just deleted as "nonsense", my request that you explain why:

1) You won't prove the 28TB you claim is backing you asset
2) Your asset only pays 1/3 of what it should, based on your own claims of what the asset is.

Can you get back to these items and explain please?

Thanks.

H.

Why would I need to proof "the 28TB", can't you read the web?
You can verify everything with the blockchain you need to know.

End of the story!

I can read the blockchain very well, and it indicates you have around 12TB, not the 28TB you have sold or have for sale. So where's the proof you have 28TB, and why does your asset only pay 1/3 of what it should?

H.

[haitch]

I have sent you 1000 BURSTs to start with.

Add a name to your account.

In case you have not decided which pool to use, try http://BURST.MiningHere.com
View details under Mining and follow instructions.
Set the reward recipient to 10681581906896806002

Good luck!

Mine at any pool OTHER than mininghere.com. Elmit will just steal your hard earned Burst ....

H.

[Elmit]

Is still profitable mining burst? What quantity of TB now makes sensed starting a mining operation?

Not if ur buying hdd's to mine burst. Mining with free space that you just sort of have lying around, YES!!! Any amount of tb is fine on a pool.

As the previous poster already stated, no, as long you are not using free hard disk space. However, there is another way to mine with the benefits of:

Using a mining computer from someone else.
Using existing hard disk from someone else.
Buy mining power as you can afford.

And that solution is called buy asset from PetyByte:

https://bitcointalk.org/index.php?topic=731923.msg12316891#msg12316891

0.54807 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.

[Elmit]

I have sent you 1000 BURSTs to start with.

Add a name to your account.

In case you have not decided which pool to use, try http://BURST.MiningHere.com
View details under Mining and follow instructions.
Set the reward recipient to 10681581906896806002

Good luck!

Mine at any pool OTHER than mininghere.com. Elmit will just steal your hard earned Burst ....

H.

That's the way other pools promote their pool ;-)
Headach, how much does your boss pay you for that? LOL

[Elmit]

The new faucet is already in the testing stage. I am soon offering it to public. Stay tuned - and yeah, if you made money BURSTS, pay something back to the faucet address to keep it alive.

A lots of more things are coming.
We at Elmit DO things, not just talking about the "bright" future.

[Elmit]

has anybody noticed that the BURST price gone now down to 36 Satoshi, and still nothing I can spot that would change the direction.

[Elmit]

Hi,

I'm plotting some new files using wplotgenerator during the creation the computer crashed and I get just the 60% of the plot, can I resize this plot in order to use it or I have to delete it and generate a new one ?

Thanks

The plot is probably fine. You can create a new one the size of 40% of your original, or you can just start the plotting again, it should pick up where it left off.

"probably" means if the crash was not during the write cycle. You can check if the size of the plot file is exactly a full write cycle. If it is, then just rename it to the right plots (not necessary, but better for keeping track) and start with the following nonce to plot the rest of the hard disk.

You can go the easier route and just use the nonces, that would follow after the fully plotted file. You do not need to have all possible nonces plotted in sequence, so you can start and end wherever you want.

[Blago]

I have sent you 1000 BURSTs to start with.

Add a name to your account.

In case you have not decided which pool to use, try http://BURST.MiningHere.com
View details under Mining and follow instructions.
Set the reward recipient to 10681581906896806002

Good luck!

Mine at any pool OTHER than mininghere.com. Elmit will just steal your hard earned Burst ....

H.

That's the way other pools promote their pool ;-)
Headach, how much does your boss pay you for that? LOL

[crowetic]

I too believe the reward structure should be modified to make it a proportional reward for every miner no matter when they got into the coin.

This is the basis of my 6 page proposal, along with suggestion of an actual person who could and would take over core development.

Roadmap, suggestions to increase BURSTs use, and a suggested structure for the core team.

Unfortunately there was not agreement on my proposal.

Not sure where to go from here. I might be willing to show my paper to the community, for feedback and mass group discussion. Thoughts?

[Elmit]

I too believe the reward structure should be modified to make it a proportional reward for every miner no matter when they got into the coin.

This is the basis of my 6 page proposal, along with suggestion of an actual person who could and would take over core development.

Roadmap, suggestions to increase BURSTs use, and a suggested structure for the core team.

Unfortunately there was not agreement on my proposal.

Not sure where to go from here. I might be willing to show my paper to the community, for feedback and mass group discussion. Thoughts?

I can remember that BinLaden proposed to use a reward depending on the difficulty. He was told that no coin does that, that this would be impossible. Your proposal is on the half way to his thought.

I would show your 3 hours work, just remove names, if that would be an obstacle to publish it.

Something has to be done, before the price goes further done!

[Elmit]

http://faucet.burstcoin.info/  got dried out.

Within an hour or so the balance from 8 053 became 0.

[tonycamp]

im gonna try 2 or 3 pools with my 5Tb and see how nay of this BURSTcoins can get per day

[atomy1world]

Thanks! I got them, but the balance still shows 0.

You need to wait for confirmations, then the balance goes up and you can use your BURSTs.

Ahh, thanks! I got it now!

[haitch]

Is still profitable mining burst? What quantity of TB now makes sensed starting a mining operation?

Not if ur buying hdd's to mine burst. Mining with free space that you just sort of have lying around, YES!!! Any amount of tb is fine on a pool.

0.54807 PetaByte asset is still cheap expensively 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 300GB hard disk.

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. And I get paid twice what you do.
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. 10GB

Fixed that for you.

H.

[crowetic]

I too believe the reward structure should be modified to make it a proportional reward for every miner no matter when they got into the coin.

This is the basis of my 6 page proposal, along with suggestion of an actual person who could and would take over core development.

Roadmap, suggestions to increase BURSTs use, and a suggested structure for the core team.

Unfortunately there was not agreement on my proposal.

Not sure where to go from here. I might be willing to show my paper to the community, for feedback and mass group discussion. Thoughts?

I can remember that BinLaden proposed to use a reward depending on the difficulty. He was told that no coin does that, that this would be impossible. Your proposal is on the half way to his thought.

I would show your 3 hours work, just remove names, if that would be an obstacle to publish it.

Something has to be done, before the price goes further done!

Only things that are impossible are the ones that aren't done yet.

So how low do you think it should get before things become needed?

IMO it has nothing to do with current price. Or not much anyway. It's about sustainable futures. Keeping miners with the vast amount of other alts.

Bitcoin'a model only worked because it was the first coin. In the days of thousands of alts, there needs to be a change in structure for sustainability long term, unless growth suddenly starts climbing by a whole lot, will the current 5% per month decrease be sustainable?

I'm just looking for discussion here, nothing more.

[Elmit]

Is still profitable mining burst? What quantity of TB now makes sensed starting a mining operation?

Not if ur buying hdd's to mine burst. Mining with free space that you just sort of have lying around, YES!!! Any amount of tb is fine on a pool.

0.54807 PetaByte asset is still cheap expensively 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 300GB hard disk.

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. And I get paid twice what you do.
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. 10GB

Fixed that for you.

H.

1984 methods, changing originals!???

I fixed the price of the asset to 450,000 - The low value of Bursts required that.

[Elmit]

I too believe the reward structure should be modified to make it a proportional reward for every miner no matter when they got into the coin.

This is the basis of my 6 page proposal, along with suggestion of an actual person who could and would take over core development.

Roadmap, suggestions to increase BURSTs use, and a suggested structure for the core team.

Unfortunately there was not agreement on my proposal.

Not sure where to go from here. I might be willing to show my paper to the community, for feedback and mass group discussion. Thoughts?

I can remember that BinLaden proposed to use a reward depending on the difficulty. He was told that no coin does that, that this would be impossible. Your proposal is on the half way to his thought.

I would show your 3 hours work, just remove names, if that would be an obstacle to publish it.

Something has to be done, before the price goes further done!

Only things that are impossible are the ones that aren't done yet.

So how low do you think it should get before things become needed?

IMO it has nothing to do with current price. Or not much anyway. It's about sustainable futures. Keeping miners with the vast amount of other alts.

Bitcoin'a model only worked because it was the first coin. In the days of thousands of alts, there needs to be a change in structure for sustainability long term, unless growth suddenly starts climbing by a whole lot, will the current 5% per month decrease be sustainable?

I'm just looking for discussion here, nothing more.

I disagree!
Because things have not been done yet, does by far not mean it is impossible!!! In the best case there are excuses why it is not done yet!

If the price goes lower, the coin does not HAVE a future. I urged now several pages to do something, from marketing to development. Within these talks the price gone down from 45 to 36. Do you want to lose all what you build up? The network size gone down also (currently 6 PB), means miners run away, because they think there is no future?

[Elmit]

On Bittrex is a total buy order of 1.5 BTC, while a total sales order of 1107.5 BTC are booked.

[crowetic]

You really don't understand English well, do you?

You replied in ways that didn't make any sense at all based on what I said, FYI.

[brizio71]

Hi,

I'm plotting some new files using wplotgenerator during the creation the computer crashed and I get just the 60% of the plot, can I resize this plot in order to use it or I have to delete it and generate a new one ?

Thanks

The plot is probably fine. You can create a new one the size of 40% of your original, or you can just start the plotting again, it should pick up where it left off.

Is it possible calculate the amount of nonces of the created plot and rename it basing this value ?