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Author Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000  (Read 2170901 times)
tc61
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May 15, 2017, 01:29:17 PM
 #25021

If you look at the cost to buy HDD;s vs the reward, you will never get your money back, with the current float and reward rate mining is not a good option.
It is eco friendly I give it that, but without real world uses, its not going anywhere.

CryptoDude2727
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May 15, 2017, 02:45:05 PM
 #25022

If you look at the cost to buy HDD;s vs the reward, you will never get your money back, with the current float and reward rate mining is not a good option.
It is eco friendly I give it that, but without real world uses, its not going anywhere.



Really?  I got into BURST 6 months ago... bought, mine some, trade and receive dividends on the asset exchange ... as we sit here today I'm up nearly 20x on my investment.  Why do people only look short term and only look at today?

Regarding the other poster and the supply... there are currently 1.7 billion coins out, but it is hard capped at 2.1 billion.  There are top 10 crypto with more supply out there than BURST will ever have fyi.
Ayers
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May 15, 2017, 03:40:05 PM
 #25023

i did the math on this with the recent price pump, and it's very short, if you account an hhd that cost $240 like the seagate of 8TB and give you 6k burst per month at the current value of 800 satoshi per burst, you have almost 0.05 btc in one month, which are $80 or so, this is a 3 month roi, electricity is not something that matter here so i excluded from my math, to me it look pretty good, what do you think?
Do you think calculating ROI with the pumped prices is a good idea? Cheesy I'd say something like 12-18 months is a lot more reasonable ROI prediction with Burst.

yes if you are not stupid to sell after the dump lol, i would not sell now i would hold until i can sell it at the value that give me the roi i was speaking about, and what about another pump? that would mean shorter roi

Piston Honda
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May 15, 2017, 07:22:04 PM
 #25024

lol don't bother with useless pumps on useless shit coins, esp ones 'hyped' by fatburger adam g. on twitter.  GARBAGE.
all insider money making for him and devs, simply BS.
congrats new bagholders.

$ADK ~ watch & learn...
vella85
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May 15, 2017, 11:36:08 PM
 #25025

I wish i could like this coin but I don't see it succeeding, its just pump and dump. The casino is the only thing tied to the coin that it is used for. I don't see anywhere where you can use burst for anything useful. In addition once the pump is done and the higher ups make their money it goes back down.

Its an interesting idea but who would use the shared HDD space, what data is stored, and what service is is allocating the drive space?

All these people are added TB to the network and plotting them , for what?

This is not true my friend as Burst has not been a pump and dump coin. Yes it did pump in recent days but it didn't get dumped back to where it started from at 250 sats and is holding strong at above 500 sats which is where I think might be the new floor for Burst. Burst is just getting started and the recent rise in price is just the start to bigger things to come.

I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
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May 16, 2017, 12:50:08 AM
 #25026

lol don't bother with useless pumps on useless shit coins, esp ones 'hyped' by fatburger adam g. on twitter.  GARBAGE.
all insider money making for him and devs, simply BS.
congrats new bagholders.

Ugh, I really really hate seeing Adam being associated with Burst so much. I agree, that guy has issues and I certainly don't trust him. Besides, he's pretty new to Burst compared to some of us.

That said, I don't think Burst is just another pump and dump. I've been mining since nearly genesis block. It has had almost 0 real PR (until recently), and uses a wonderfully designed consensus algorithm. Not to mention an Asset Exchange native to the protocol, which is being used very heavily.

Try to ignore Adam and his childish nastiness (and assets), and Burst becomes a very wonderful project with lots of opportunity for profit. Hopefully more uses will come in the future besides AE. It certainly deserves the current market rate though, IMO.

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
CryptoDude2727
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May 16, 2017, 04:29:50 AM
 #25027

Adam is one (loud) voice.  But he is not BURST.  He's a marketer, that's it.  He is fairly recent to the scene.  Many other great hardworking people involved with BURST for a long time.  Singling out Adam is doing a disservice to those people... the true backbone of BURST.   
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May 16, 2017, 06:10:27 AM
 #25028

Thanks to whoever sent me the 3 coins. All good now.

Quick question re mining. I read above there are 1.7 billion coins in circulation but hard cap at hard cap at 2.1 billion.

Is it worth me getting into mining? How many coins per block currently and how long is it expected to take to get to the 2.1 billion cap?

I was toying with the idea of re-purposing some altcoins towards an 80tb mining rig. Will hardcap be reached and it be redundant by the time it's even finished writing all the plots?

Thanks,

It should reach cap at around Sep 2023 I believe.  Did some calculations some time back.
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May 16, 2017, 07:18:25 AM
 #25029

I deleted my post about people knocking Adam because I just logged into Burst Nation and saw a thread by Crowetic someone who I have high respect for and see as a trustful person. It seems that he was censored and kept his mouth shut for a while now and has now come out which I have respect for. Yes Adam has done great things for the Burst community and I respect him for that so I just wish this community can get back to being a united Burst community because right now it is torn and is sad to see.

I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
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May 16, 2017, 11:57:48 AM
 #25030

Just saw the recent news about the Crowetic-Adam split-up and I have a few words to say about this as well. I'm glad that Crowetic made this decision as Adam is a filthy scammer,manipulator and profiteer. I have some friends that are veterans in the crypto world that did warned me about this person,but I put my trust in Crowetic that he know what he is doing.. Apparently Adam managed somehow to take over the burst community and put crow under the shadows but anyway now I'm happy that the community is getting back on the right track.

I still have all my trust in Crowetic as he is a great leader and developer and I'm sure BURST will thrive again! As far as I'm concerned I am continuously building my asset and paying regular dividends to my shareholders. As I stated in the days I launched BurstOcean,I want my asset to become a foundation stone of the burst community.
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May 16, 2017, 12:15:20 PM
 #25031

I was wondered what caused of price dropped constantly after successful spiked in the market. Just now came in thread to catch up some updates and now found out the real reason behind. Community is not looking good Adam's part and have huge reservations about that guy due to his dubious and disputed character. Burst will take off once again after we find out our direction clear soon.
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May 16, 2017, 12:23:34 PM
 #25032

Hi,

I need to buy a laptop and I am wondering if the BURST wallets are compatible with APPLE?

Thanks!

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May 16, 2017, 01:16:59 PM
 #25033

Hi,

I need to buy a laptop and I am wondering if the BURST wallets are compatible with APPLE?

Thanks!

AIO Wallet is Windows only, but you can run the original wallet which is java based and will run pretty much anywhere

BURST, your C:\urrency
Follow us on https://twitter.com/burstcoin_dev
CryptoDude2727
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May 16, 2017, 01:21:39 PM
Last edit: May 16, 2017, 08:15:41 PM by CryptoDude2727
 #25034

Adam also used to massively hype Bitcoin.  He is one man among many people in BURST.  Obviously BURST is much smaller, but it's a open source project...anyone can contribute.  BURST is not Adam, Adam is not BURST.  He is a marketer, the end.  The coin itself (HDD mining, asset exchange, great/helpful community)...and the potential of the coin is still there.  If you disagree with Adam (as I and many do) don't buy his assets... it's that simple.  But don't let him deter you if you're interested in BURST... it's a great coin with a HUGE future ahead, which will be thriving long after Adam is gone.      
tc61
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May 16, 2017, 04:20:39 PM
 #25035

Unfortunately Adam is pumping this coin and he makes it sound like he is Burst. He is hooked up with the Awful Burst Casio and constantly pumps it with youtube videos.  I can see that the Casino is dying now and it will be interesting to see how Adam and is cronies bail. I hope Burst will separate  from this Burstnation garbage.

They police that site and delete or harass anyone that does not share their ideas. 

If you want to see the real Adam Read this

https://motherboard.vice.com/en_us/article/a-spammer-sued-by-facebook-for-873m-is-seeking-redemption-in-bitcoin

I don't want this associated with the Burst Community.

We need to think of ways to make Burst Coins usable, I have been think of a few but don't know if they are any good.



boopy265420
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May 16, 2017, 04:31:46 PM
 #25036

Declining market valuation and fear in people about uncertainties is good for some people to scoop up their cups. Basic lesson in crypto buy when everyone is selling under some unexpected situation or panic. I am more than sure this on going unclear atmosphere is going to be settle down sooner. Burst will be what community want and will decide its future.
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May 16, 2017, 06:48:56 PM
 #25037

This is an amazing coin doing blockchain in a really smart way that nobody else out there is doing, buy and hold!

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May 16, 2017, 06:51:00 PM
 #25038

Buy and hold!
You will not regret!

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May 16, 2017, 07:38:35 PM
 #25039

hello, i hate to beg but can someone send me 2 or 3 burstcoins. there are not much faucets anymore and when i wanted to start mining anything goes wrong and now i lost my 2 burstcoins and now I cannot start mining. it would be very nice. thank you. address: BURST-MY33-2YJD-AZLY-3UJ48
italianMiner72
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May 16, 2017, 08:25:00 PM
 #25040

hi all!!!
i'm mining...
some times i get something like this

Code:
found DL:         121168
sent DL:          121168     1d 09:39:28
NOT confirmed DL     121168

where DL are not confirmed and why???

thank you!

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