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

[pinballdude]

Bitladen asset?   Crowetic are You reading what You are proposing?   Giving money to wannabe 51% attacker to expand portion of mining volume he is controlling right now? Yeah, sure...  
I'm switching to solo-mining just to prevent this "greedynitis" spread to pool owners...

I am not sure what you are trying to utter here!

Can you tell us clear what you agree/disagree and why?
I am not sure why switching to solo-mining would be an advantage. Can you explain that too, please?

Suppose bitladen manages to threat or lure a pool into participating in a 51% attack.  Then all the miners in the pool participate even though they don't want to see the coin destroyed. Especially the miners that mine and keep burst are royally screwed.

on the other hand, if they go solo (or go to a pool they expect not willing to participate) , they mine against the attacker.

[Elmit]

Elmit,

please, take your meds - you are now over four-five posts on every page. If you do not have meds, get professional help.

I know this is might just seem like another criticism of you, but I don't write to hurt, provoke or aggravate you. As a doctor, I'd never do that. I'm just trying to reach you (hence the first two sentence) and get you to understand that your behavior is hurting Burst.

If someone is gone for a day, they have several pages extra to read to find the vital, constructive posts from other people just because of you. You have very little to contribute in those discussion, so please just stop and follow your doc's instructions.

You and a doctor? Give me a break!
Your writing does not contribute anything to BURST

[pinballdude]

baseTarget is right now 2811701

And right now (height 141921) basetarget is 1773873 so since last post difficulty went a lot higher, and implied nw size also rose a lot. 


looking at august, sep, we had a drop, but we have stabilized once the price stabilized. http://burstcoin.biz/charts/estimated-network-size    we are around 8K or so, acc to this graph, which represents a more reasonable picture, it also shows that it is natural for the nw size to be volatile in the short run.

I do not claim that NW size went up 40% since my last post, but i claim that taking two samples a few hours apart is not very useful.

[Elmit]

Bitladen asset?   Crowetic are You reading what You are proposing?   Giving money to wannabe 51% attacker to expand portion of mining volume he is controlling right now? Yeah, sure...  
I'm switching to solo-mining just to prevent this "greedynitis" spread to pool owners...

I am not sure what you are trying to utter here!

Can you tell us clear what you agree/disagree and why?
I am not sure why switching to solo-mining would be an advantage. Can you explain that too, please?

Suppose bitladen manages to threat or lure a pool into participating in a 51% attack.  Then all the miners in the pool participate even though the don't want to see the coin destroyed. Especially the miners that mine and keep burst are royally screwed.

on the other hand, if they go solo (or go to a pool they expect not willing to participate) , they mine against the attacker.

Please write s-l-o-w-l-y. Read a couple of times what you wrote!

I am puzzled with your logic. Are you saying if the NETWORK is attacked by somebody with +51% then you are save with mining on solo?

[Elmit]

baseTarget is right now 2811701

And right now (height 141921) basetarget is 1773873 so since last post difficulty went a lot higher, and implied nw size also rose a lot.  


looking at august, sep, we had a drop, but we have stabilized once the price stabilized. http://burstcoin.biz/charts/estimated-network-size    we are around 8K or so, acc to this graph, which represents a more reasonable picture, it also shows that it is natural for the nw size to be volatile in the short run.

I do not claim that NW size went up 40% since my last post, but i claim that taking two samples a few hours apart is not very useful.

You need to read other posts also, not only look for my words! If you would have, then you would have read that crytomining.farm with 1,773 registered users were down for a while, ... and that droves the network size down.

Short, we are save again, .... right?

[pinballdude]

Please write s-l-o-w-l-y. Read a couple of times what you wrote!

I am puzzled with your logic. Are you saying if the NETWORK is attacked by somebody with +51% then you are save with mining on solo?

sorry about my typing speed, this keyboard here sometimes cannot keep up with it.

suppose i mine in your pool.

suppose i fear that you would participate in a 51% attack, using the pool's hashing power.

then, by going solo, your pool looses my TB , and my TB is then on the "good guy" part of the network that is working against the attack, if it should happen.

[bobafett]

Bitladen asset?  Crowetic are You reading what You are proposing?  Giving money to wannabe 51% attacker to expand portion of mining volume he is controlling right now? Yeah, sure... 
I'm switching to solo-mining just to prevent this "greedynitis" spread to pool owners...

its all about money and if people until now didnt realise that also crow is here for the money, at least now it should be clear. but that is nothing that you can blame anybody for.

what i criticize  is:

placing a asset, without a garantied payout, without a rebuy option for the sold shares.

So you can collect easy and fast money, sell the burst, let the asset run a little bit and if then after a while and then when no more new shares could be sold to new investors than slowly decrease the payout. the asset get less and less worth and the proposed sell option to other users will be worth nothing, because the prices go down or nobody wants the asset anymore.

also with this asset every investor helps bin to increase his miningpower and helps him to get the 51%....

dont know if the people in the crypto world are so stupid to invest in such things, but it seems to work.....

[Elmit]

Please write s-l-o-w-l-y. Read a couple of times what you wrote!

I am puzzled with your logic. Are you saying if the NETWORK is attacked by somebody with +51% then you are save with mining on solo?

sorry about my typing speed, this keyboard here sometimes cannot keep up with it.

suppose i mine in your pool.

suppose i fear that you would participate in a 51% attack, using the pool's hashing power.

then, by going solo, your pool looses my TB , and my TB is then on the "good guy" part of the network that is working against the attack, if it should happen.

Ah, so you think that other pools would participate on an attack.
Why would they? Just to prove that it is possible, that something has to be done?
I see, you are doing a lot. .... typing! holding on the coin, because it will become soooo much worth ---- GREEDY!

Miners should pay from their own pocket, never use any expenses from the mined coins. .... right???

[bobafett]

cryptomining.farm has been down since noon, this is the loss in network power today.

just use my http://pool.burstcoin.de
100% available since weeks because of a failover config!
ultra fast connection and extreme low ping times!

Can you tell me more about your "failover config"?

Are you running to complete set of servers?
On different networks?
Do they have the ability to talk to each other/sync till the point of failure?
How will the miner switch to the backup server? How, if this switch is the failure?
How did they switch back, if at all, since the other one could now run till a failure happens to switch to the first one.
("because of failover config:) How often was your failover actual needed?

"extreme low ping times"
That is a number of the network. Nowadays most of the servers are nearly in lightspeed reachable, so the ping result depends just from where you ping. I found there is still a difference if you use IPv4 or IPv6

hi,
you take 2 pysical maschines with win2012 r2 and both have 2 networkadapters.
with one networkadapter you connect them directly for the sync of the vm, the others you connect to your gateway.
use a business gateway with a sla with a availability of 99.999% (sure its expensive, but for other purposes i have one). so you have garantied working line for exept 4h a year.

then configure hyper failover clustering
setup a vm
setup failover clustering for this vm
install your pool
setup a service tool that checks if the service runs, if not restart it and let wallet and pool software monitor
then on a third maschine confige a network managing tool as PRTG Network Monitor and let check the maschines, services, availbility and confige a email and sms info, if something goes wrong.

finish :-)

[pinballdude]

You need to read other posts also, not only look for my words! If you would have, then you would have read that crytomining.farm with 1,773 registered users were down for a while, ... and that droves the network size down.

Short, we are save again, .... right?

Can we agree then, that fluctuations of 20% between 2 blocks 78 minutes apart are happening frequently and is not an indication of miners leaving burst, but rather, for instance, a pool temporarily down.  It is of course a shortterm problem (for the pool and miners there) but longterm it is not a problem for burst as such.

I don't have a problem with people alerting in the forum if NW size changes a lot. But don't cherrypick the numbers and make it look like something it is not.  New block right now. basetarget 1891665 seems like we are stabilizing just under 2mln basetarget.  That is in line with the last week or so i think, from memory. perhaps a bit on the high side.

The only thing about network size that is important is that it is so big that the largest miner do not have a share that is close to 51%, and so big that it would take quite some time and money for someone to get there.

[vaxman]

Your writing does not contribute anything to BURST

@elmit

But yours does ?

Please, try to slow down a little, this is NOT your personal forum,
and I am tired of your constant nagging.

Es nervt wirklich, das Du auf jeden kleinen Schei** noch Deinen
Kommentar draufsetzen musst. Schau Dir mit dem Abstand von
einer Woche bitte mal genau diese letzten 5 Seiten an - vielleicht
kannst Du dann sehen wie peinlich das alles ist.

Nur weil andere sich kindisch verhalten muss man nicht auch
noch darauf eingehen und das Forum unbrauchbar machen.

[wmikrut]

Bitladen asset?  Crowetic are You reading what You are proposing?  Giving money to wannabe 51% attacker to expand portion of mining volume he is controlling right now? Yeah, sure... 
I'm switching to solo-mining just to prevent this "greedynitis" spread to pool owners...

its all about money and if people until now didnt realise that also crow is here for the money, at least now it should be clear. but that is nothing that you can blame anybody for.

Not that I am complaining, mind you... but in crow's defense, isn't that why we're all here?
We're all here to make 'something'.

Call it whatever you like, but all cryptos are an 'investment' into {Place your noun here}.

[pinballdude]

Ah, so you think that other pools would participate on an attack.
Why would they? Just to prove that it is possible, that something has to be done?
I see, you are doing a lot. .... typing! holding on the coin, because it will become soooo much worth ---- GREEDY!

Miners should pay from their own pocket, never use any expenses from the mined coins. .... right???

A miner can do whatever he want with his coins, he worked to get them - it is his, we can argue what the consequences of his various options of actions are, but we should not dictate what he chooses to do at a particular time.  I have no problem with bit selling all the coins he mine, if that is how his business plan is set up, then that is what he does. It is not a problem for me. I don't see it as a problem for burst either, we'll just have a somewhat lower price now, and a somewhat higher price once the block reward gets low enough.  I also have no problem with miners like me, that mine and hold.  We keep the price higher, and we might sell some if we think the price is reasonable. I would probably sell some around 1000 to get back my investment and interest, then let the rest run and see how high we can go.

[pinballdude]

Was wondering, what does it cost to get the 4PB needed right now to do a 51% attack.

i bought 2 8TB HDD for 289 usd each, so 8TB is 289 usd at least where i live.

8 TB 289 usd
1 TB 36 usd

1000 TB 36000 usd


but you need 4 TB

so you need to have 144000 usd tied up in harddisks, and some more money tied up in hardware to run these, and spend some time setting up, to get at half our current network size

if you succeed, all you can do is prevent blocks from other ppl to be made. You will also crash the price, and probably close the exchanges, as they likely won't like to be trading a 51% attacked coin

burst mkcap is lower than 144000 usd, so it hardly looks like money well spent.

Perhaps it can be much cheaper if you rent the disks, but then you will have a huge running cost.

Each time network size go up 1 TB, it gets 36000 usd more expensive to launch an attack.

[bobafett]

Was wondering, what does it cost to get the 4PB needed right now to do a 51% attack.

i bought 2 8TB HDD for 289 usd each, so 8TB is 289 usd at least where i live.

8 TB 289 usd
1 TB 36 usd

1000 TB 36000 usd


but you need 4 TB

so you need to have 144000 usd tied up in harddisks, and some more money tied up in hardware to run these, and spend some time setting up, to get at half our current network size

if you succeed, all you can do is prevent blocks from other ppl to be made. You will also crash the price, and probably close the exchanges, as they likely won't like to be trading a 51% attacked coin

burst mkcap is lower than 144000 usd, so it hardly looks like money well spent.

Perhaps it can be much cheaper if you rent the disks, but then you will have a huge running cost.

Each time network size go up 1 TB, it gets 36000 usd more expensive to launch an attack.

you can also rent a machine, so if someone wants to make this attack, he only need a short time this power, and if he rents this, this would be cheaper than your calc.

[wmikrut]

Was wondering, what does it cost to get the 4PB needed right now to do a 51% attack.

i bought 2 8TB HDD for 289 usd each, so 8TB is 289 usd at least where i live.

8 TB 289 usd
1 TB 36 usd

1000 TB 36000 usd


but you need 4 TB

so you need to have 144000 usd tied up in harddisks, and some more money tied up in hardware to run these, and spend some time setting up, to get at half our current network size

if you succeed, all you can do is prevent blocks from other ppl to be made. You will also crash the price, and probably close the exchanges, as they likely won't like to be trading a 51% attacked coin

burst mkcap is lower than 144000 usd, so it hardly looks like money well spent.

Perhaps it can be much cheaper if you rent the disks, but then you will have a huge running cost.

Each time network size go up 1 TB, it gets 36000 usd more expensive to launch an attack.

you can also rent a machine, so if someone wants to make this attack, he only need a short time this power, and if he rents this, this would be cheaper than your calc.

Even if you did... the plotting alone would take weeks.

[12gaFacelift]

Sad thing to see that pool offline: http://cryptomining.farm/

[Elmit]

cryptomining.farm has been down since noon, this is the loss in network power today.

just use my http://pool.burstcoin.de
100% available since weeks because of a failover config!
ultra fast connection and extreme low ping times!

Can you tell me more about your "failover config"?

Are you running to complete set of servers?
On different networks?
Do they have the ability to talk to each other/sync till the point of failure?
How will the miner switch to the backup server? How, if this switch is the failure?
How did they switch back, if at all, since the other one could now run till a failure happens to switch to the first one.
("because of failover config:) How often was your failover actual needed?

"extreme low ping times"
That is a number of the network. Nowadays most of the servers are nearly in lightspeed reachable, so the ping result depends just from where you ping. I found there is still a difference if you use IPv4 or IPv6

hi,
you take 2 pysical maschines with win2012 r2 and both have 2 networkadapters.
with one networkadapter you connect them directly for the sync of the vm, the others you connect to your gateway.
use a business gateway with a sla with a availability of 99.999% (sure its expensive, but for other purposes i have one). so you have garantied working line for exept 4h a year.

then configure hyper failover clustering
setup a vm
setup failover clustering for this vm
install your pool
setup a service tool that checks if the service runs, if not restart it and let wallet and pool software monitor
then on a third maschine confige a network managing tool as PRTG Network Monitor and let check the maschines, services, availbility and confige a email and sms info, if something goes wrong.

finish :-)

The first line sounds for me expensive: (Windows !!! - but don't lets start about Linux versa Windows ;-)  )

Do you have any numbers how often the failover has been triggered?

[Elmit]

Was wondering, what does it cost to get the 4PB needed right now to do a 51% attack.

i bought 2 8TB HDD for 289 usd each, so 8TB is 289 usd at least where i live.

8 TB 289 usd
1 TB 36 usd

1000 TB 36000 usd


but you need 4 TB

so you need to have 144000 usd tied up in harddisks, and some more money tied up in hardware to run these, and spend some time setting up, to get at half our current network size

if you succeed, all you can do is prevent blocks from other ppl to be made. You will also crash the price, and probably close the exchanges, as they likely won't like to be trading a 51% attacked coin

burst mkcap is lower than 144000 usd, so it hardly looks like money well spent.

Perhaps it can be much cheaper if you rent the disks, but then you will have a huge running cost.

Each time network size go up 1 TB, it gets 36000 usd more expensive to launch an attack.

you can also rent a machine, so if someone wants to make this attack, he only need a short time this power, and if he rents this, this would be cheaper than your calc.

Even if you did... the plotting alone would take weeks.

I assume that you do not have much yet and the network size is currently 12 PB, then you would need (12+6)/2 = 9 PB to reach the 50%
If you would mine during the plotting time, then the network would recognize it and most likely also react with more PBs.

[BurstIncomeAsset]

Alright we got another  0.16504886BTC capital from the BURST sale, now we have 0.28493223BTC invested, so we will have double earnings in terms of BTC. Obviously the % ROI won't change, but due to capital doubling, the profit will double too.

I hope we can reach the 0.01BTC fast, so that we can give out our first dividends

[ANN] Income Asset - Decentralized Referral Empire based Income