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

[timk225]

BURST is still a total crapcoin and waste of time.  It will never make a profit.

[Lenore]

BURST is still a total crapcoin and waste of time.  It will never make a profit.

Umm. Ok.  U make profit posting stupid things?  If you yhink u wont make profit.  Just stay awsy from it.  Its the concept that im interested in.  HDD mining without spending thousands on Sha hardware.  Emm loads of profit to be made in time.  Low ROI.  Sounds good to me. 

[bhokor]

BURST is still a total crapcoin and waste of time.  It will never make a profit.

I am absollutelly disgree with your phrase, Burst is a really interesting coin with some smart new features, good devs and a really positive community, there are literally hundred of worst coins than burstcoin, if you think it is not a good investing please elaborate it and say why

[Lenore]

Quick update for Playground investors

Just a quick update as to where we are ate and what percentages you may hold on the sold assets

[BurstIncomeAsset]

I also think I found another investment site that can bring about 0.02BTC extra /day which is almost free , but it's not scaleable, so if we manage to do that that can bring about another 0.1BTC /week into the fund.

Whats the site?  If its something I could do too I will take that btc every day and buy burst with it.

Sorry it's not a site, its more like an investment plan. I cannot reveal it, the more people know about it the less profit it makes

But i will use all profit from it to help BURST and INCOME.

[BurstIncomeAsset]

Here is a collection of all BURST faucets currently available, if I missed any please signal it.

https://bitcointalk.org/index.php?topic=1233458.20

I hope more people will use them and discover BURST in the meantime!

[Yanakitu Tenatako]

Burst price is more than below electricity bill not to mention ROI.
How and why is this possible?
I cannot make 0,18 BTC on this price per month in BURST, while need 150$ for electricity.

[Abiky]

Burst price is more than below electricity bill not to mention ROI.
How and why is this possible?
I cannot make 0,18 BTC on this price per month in BURST, while need 150$ for electricity.

I have made a research and so far it is not profitable due to the fact that you will spend more on HDD hardware, and electricity. Also, the fact that BURST is extremely cheap right now makes it hard to reach ROI mining it with HDD. To test my theory, you can go to http://burstcoin.biz and see for yourself.

But if the price of BURST would go up, then I think you would ROI faster when mining with your HDD. 

[yellowduck2]

Burst price is more than below electricity bill not to mention ROI.
How and why is this possible?
I cannot make 0,18 BTC on this price per month in BURST, while need 150$ for electricity.

It would make sense to sell ur hdd and use the money to buy burst instead. Once the price goes up, sell ur burst and buy back hdd to continue mining

[Lenore]

The price really needs to go up.  And I hope that it does soon.  I think it will but others need to get involved.

Hiwever I do have to say burst is higher then rdd, byte, and a few others.

Lol.  I have a old pc cpu mining bytecoin. Mine also 2k aday.  But only at like 4sat.

The only thing I see that may deter people from burst is the amount of space you need to mine.  Otherwise its an awesome coin.

[HalFinneysBrain]

Burst price is more than below electricity bill not to mention ROI.
How and why is this possible?
I cannot make 0,18 BTC on this price per month in BURST, while need 150$ for electricity.

Yes burst has become incredibly undervalued.  People should be turning off some (not all) miners and using the money saved in electricity costs to buy burst on exchanges instead, which will help the price.

[Irontiga]

Burst price is more than below electricity bill not to mention ROI.
How and why is this possible?
I cannot make 0,18 BTC on this price per month in BURST, while need 150$ for electricity.

Yes burst has become incredibly undervalued.  People should be turning off some (not all) miners and using the money saved in electricity costs to buy burst on exchanges instead, which will help the price.

Sounds like a great idea....that way you can mine more burst due to the lower net diff, and get more per burst you sell! Stopping mining is a terrible idea. The whole goal of mining is to secure the network, so do it! Use burst's asset exchange, create assets, link them to real world things. Buy and trade assets. That's how you can help burst. Oh, and spread the word and buy burst, also not bad ideas.

[Elmit]

Burst price is more than below electricity bill not to mention ROI.
How and why is this possible?
I cannot make 0,18 BTC on this price per month in BURST, while need 150$ for electricity.

Yes burst has become incredibly undervalued.  People should be turning off some (not all) miners and using the money saved in electricity costs to buy burst on exchanges instead, which will help the price.

Sounds like a great idea....that way you can mine more burst due to the lower net diff, and get more per burst you sell! Stopping mining is a terrible idea. The whole goal of mining is to secure the network, so do it! Use burst's asset exchange, create assets, link them to real world things. Buy and trade assets. That's how you can help burst. Oh, and spread the word and buy burst, also not bad ideas.

Use:
1. Assets exchange
2. Create assets
3. Create services / sell products for Bursts
4. Use Burst Crowdfunding
5. Use Lotteries
6. Use / sponsor Faucets
7. Use / promote subscriptions
8. (Shh) I am working on it
9. (Shh) I am working on it

[Abiky]

Burst price is more than below electricity bill not to mention ROI.
How and why is this possible?
I cannot make 0,18 BTC on this price per month in BURST, while need 150$ for electricity.

Yes burst has become incredibly undervalued.  People should be turning off some (not all) miners and using the money saved in electricity costs to buy burst on exchanges instead, which will help the price.

Sounds like a great idea....that way you can mine more burst due to the lower net diff, and get more per burst you sell! Stopping mining is a terrible idea. The whole goal of mining is to secure the network, so do it! Use burst's asset exchange, create assets, link them to real world things. Buy and trade assets. That's how you can help burst. Oh, and spread the word and buy burst, also not bad ideas.

We need to buy more Burst and increase trading activity to help its price go up all the way to the moon. If we manage to advertise and promote Burst's excellent features, more people would become interested in it, and thus there will be more demand. So for now instead of mining for profit, just buy Burst until price goes up and then go back to mine them. Just my opinion. 

[Lenore]

Burst price is more than below electricity bill not to mention ROI.
How and why is this possible?
I cannot make 0,18 BTC on this price per month in BURST, while need 150$ for electricity.

I agree with you.  May not be getting more people involved.  It may just be getting or finding a way to use burst.

I know there are many coins out there with less features that are worth more.  Would be nice to see a mas burst shopping spree and everyone buys burst to drive the price up. 

Someone should sell some HDDs or something for burst.  Emmm.   Lol.

Yes burst has become incredibly undervalued.  People should be turning off some (not all) miners and using the money saved in electricity costs to buy burst on exchanges instead, which will help the price.

Sounds like a great idea....that way you can mine more burst due to the lower net diff, and get more per burst you sell! Stopping mining is a terrible idea. The whole goal of mining is to secure the network, so do it! Use burst's asset exchange, create assets, link them to real world things. Buy and trade assets. That's how you can help burst. Oh, and spread the word and buy burst, also not bad ideas.

We need to buy more Burst and increase trading activity to help its price go up all the way to the moon. If we manage to advertise and promote Burst's excellent features, more people would become interested in it, and thus there will be more demand. So for now instead of mining for profit, just buy Burst until price goes up and then go back to mine them. Just my opinion. 

[Lenore]

Is there an active block explorer besides block.burstcoin.info.  One that I can actually see the blocks that were generated.  The ones I found arent working and the last block shown was almost 2 months ago.

[Cobra]

What happens when all of the coins are mined? Over half of all coins have been mined currently, right? How will the network stay secure when people will not run nodes since there are no more coins to mine? Transaction fees alone will not be enough incentive.

I am just trying to understand the long-term issues related to the coin supply.

There is no reason people will want to hold Burst, what can you do with it besides buy a handful of assets or maybe gamble. Sure it is a great alternative to traditional BTC mining being energy efficient.  The technical details of the coin in my opinion prevent it from being a currency or anything to compete with other solutions.

In the long run people will not want to waste hard drive space instead of power for the sole act of "mining". Other solutions that make use of hard drive space like Siacoin (already on production network, can earn by providing file storage space), Storj, maidsafe, ETH. There is no way Burst will be able to compete with those solutions.

I have been mining and holding Burst since the start like many here. I have enjoyed mining Burst but have a realistic outlook about it and not live in dreamland like people will prefer it over other solutions. You ask......why don't I do something to help it become a success. The answer is simple. I do not believe it can be a success due to the above reasons and other up an coming competition. Frankly, it is not worth saving.

[DooMAD]

There is no reason people will want to hold Burst, what can you do with it besides buy a handful of assets or maybe gamble. Sure it is a great alternative to traditional BTC mining being energy efficient.  The technical details of the coin in my opinion prevent it from being a currency or anything to compete with other solutions.

In the long run people will not want to waste hard drive space instead of power for the sole act of "mining". Other solutions that make use of hard drive space like Siacoin (already on production network, can earn by providing file storage space), Storj, maidsafe, ETH. There is no way Burst will be able to compete with those solutions.

I have been mining and holding Burst since the start like many here. I have enjoyed mining Burst but have a realistic outlook about it and not live in dreamland like people will prefer it over other solutions. You ask......why don't I do something to help it become a success. The answer is simple. I do not believe it can be a success due to the above reasons and other up an coming competition. Frankly, it is not worth saving.

Anyone following this thread should see a good reason to continue holding Burst.  Sure, committing resources to mining it is still a bit of a gamble, but holding what you've already got is basically a no brainer with the potential gains that could be realised.  Beats selling at these prices, anyway, heh.

[Lenore]

Asset Playground launches in under 2 days now.

We will start slow.  To see how everyone feels about the playground.

Day 1 we will have all lotteries available.

Daily, Weekly, and Monthly Lotteries.

Random events:  Trivia, Give-a-Ways,  Dice roll (forum style...lol), and a few more.

This is just what we will start with.  ee how the servers handles a few people on the server and maybe find a bug or 2 if there is any.

So far some of the features will include:

Live chat
FB Style Private Chat
Help Desk
Full Download section.  Downloaded from our server you will not be redirected anywhere.
QuickLinks to the Assets (Currently Playground assets are listed.  Will list all soon.)
Current real time BTC and Burst Price ticker
Bitcointalk.org Rss Feed
Full Forum features (BBCode, File Hosting, Image Hosting,)
Moderated Forum
Active Shop to buy lotto tickets for Burst Credits - 100 BC = 1 Burst - Win or Lose
Burst How To section
Asset Members Only Section
Ranking System with Some custom Stars
And Much Much More.

Just wanted to name a few.

Hope you guys enjoy the forum and make a few Burst.

Hope to see you there.
Will announce the URL tomorrow sometime.   Keep watching it may be listed early.

It is not perfect but will work out all bugs in time.   All major have been fixed.  I am sure there are small ones here and there.

Thank you all.

80k PGround3 Asset remain from Phase 3.   Get emm while you can.

[m3ta]

100 BC = 1 Burst - Win or Loose

Loose? Put some glue on it.

http://grammarist.com/usage/loose-lose/