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Author Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000  (Read 2142015 times)
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August 20, 2014, 03:12:25 PM
 #2521

It IS too much effort, because I Copy and Paste other things, then once I am on the wallet localhost site, I then have to minimize the screen, open up the document with my passphrase in it, copy it, close it, reopen the wallet localhost, and paste it in.

That is asking too much of me.
- you can type in your own password, only make sure you use symbols. Like: 5`22_T1mK_22'5

Oh no.  Having to move the mouse and click to minimize, copy, and paste is bad enough, but now you want me to move the other hand also to hit the SHIFT key?!?!?!?!?  Are you insane? Shocked

LOL... this is just too funny... "I can't be asked to copy and paste, that's INSANE!" hilarious. lol.



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ORA
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Sglasio
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August 20, 2014, 03:12:57 PM
 #2522

who know, what hdd is better for POC?
WD Green
WD Black
WD Purple
WD Red
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August 20, 2014, 03:14:09 PM
 #2523

90GB plots in the pool and don't have a share. It seems that the pool is again for BURST whales Angry

500GB is not enough for solo-mining. 90GB is not enough for pool. Something is going wrong with that coin, it's the first week and it's imposible to mine it with normal PC.
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August 20, 2014, 03:22:59 PM
 #2524

Time for an observation on this coin and mining method, I'd like your input.

After a few days of reading on it, it seems that the only real mining equipment needed is some multi-TB hard drives, otherwise any old computer can eventually make the plot files and be good enough to mine on.

But therein lies a problem.  Cost of entry is low.  It won't be long before someone with huge storage capacity jacks the difficulty into the stratosphere.

You've seen what happened when ASICs came out for Bitcoin, and then for Scrypt coins.  Difficulty went sky high, everyone got less, and it takes a ton of money to even be a low level player.

So how long will it be before 100 TB worth of hard drives gets you one block per week?  Of an unknown, untested, unproven alt coin that could price crash at any time?

At least with BTC ASICs, their high price slowed the addition of them a bit.  Any jackhole here can call up Tiger Direct and order 100 4 TB drives at any time, and then we could see a run on large hard drives like what happened with GPUs last winter.

So part of me wants to get in on it, and part of me wants to say the hell with it, it's not worth the effort to be playing catch up and adding TBs of storage every few weeks.

And hard drives do not have good resale value.

And we are all solo mining now!  How long before Petabyte pools start on this coin?

What say you?
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August 20, 2014, 03:23:22 PM
 #2525

90GB plots in the pool and don't have a share. It seems that the pool is again for BURST whales Angry

500GB is not enough for solo-mining. 90GB is not enough for pool. Something is going wrong with that coin, it's the first week and it's imposible to mine it with normal PC.

most people are waiting the next improved pool Grin they don't want to wasted their generated plots, and if pool have not enough capacity, and can't get block from the solo miners, then you will get nothing too Grin

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August 20, 2014, 03:27:46 PM
 #2526

Time for an observation on this coin and mining method, I'd like your input.

After a few days of reading on it, it seems that the only real mining equipment needed is some multi-TB hard drives, otherwise any old computer can eventually make the plot files and be good enough to mine on.

But therein lies a problem.  Cost of entry is low.  It won't be long before someone with huge storage capacity jacks the difficulty into the stratosphere.

You've seen what happened when ASICs came out for Bitcoin, and then for Scrypt coins.  Difficulty went sky high, everyone got less, and it takes a ton of money to even be a low level player.

So how long will it be before 100 TB worth of hard drives gets you one block per week?  Of an unknown, untested, unproven alt coin that could price crash at any time?

At least with BTC ASICs, their high price slowed the addition of them a bit.  Any jackhole here can call up Tiger Direct and order 100 4 TB drives at any time, and then we could see a run on large hard drives like what happened with GPUs last winter.

So part of me wants to get in on it, and part of me wants to say the hell with it, it's not worth the effort to be playing catch up and adding TBs of storage every few weeks.

And hard drives do not have good resale value.

What say you?

so stupid question... if there will not be big storage owners in the future, that will be the problem we should worried about,,,price flows with the difficulty, do you think with out asic, and every one can mine bitcoin with cpu or gpu easily, btc coin's price will grow up to much? with the increased cost for mining coins, the price of the coin will grow, and every one can get the coin easily, it will not worth much

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August 20, 2014, 03:30:58 PM
 #2527

Time for an observation on this coin and mining method, I'd like your input.

After a few days of reading on it, it seems that the only real mining equipment needed is some multi-TB hard drives, otherwise any old computer can eventually make the plot files and be good enough to mine on.
....
So part of me wants to get in on it, and part of me wants to say the hell with it, it's not worth the effort to be playing catch up and adding TBs of storage every few weeks.
...
And we are all solo mining now!  How long before Petabyte pools start on this coin?

What say you?

+1

that is what i have tryed so say with the utah datacenter.. if someone have access (for exemple to a datacenter) to huge capacitys and wanna do this, he will crash just for fun <_<
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August 20, 2014, 03:40:46 PM
 #2528

90GB plots in the pool and don't have a share. It seems that the pool is again for BURST whales Angry

500GB is not enough for solo-mining. 90GB is not enough for pool. Something is going wrong with that coin, it's the first week and it's imposible to mine it with normal PC.

You will need at last 2 Terabytes of Harddrive space it is because the hardware is to cheap.

2TB per week,may be. But i can't play vs peolpe, which work in website hosting companies or datacenters. They use their mining hardware with no invest. The pool had to be THE BALANCE. Now it's useless in that form.
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August 20, 2014, 03:59:11 PM
 #2529

90GB plots in the pool and don't have a share. It seems that the pool is again for BURST whales Angry

500GB is not enough for solo-mining. 90GB is not enough for pool. Something is going wrong with that coin, it's the first week and it's imposible to mine it with normal PC.

You will need at last 2 Terabytes of Harddrive space it is because the hardware is to cheap.

2TB per week,may be. But i can't play vs peolpe, which work in website hosting companies or datacenters. They use their mining hardware with no invest. The pool had to be THE BALANCE. Now it's useless in that form.

......are you serious? people in the company won't use these resource, because mining is p2p, company will monitor the flow always time.,  if you worried about this, every one just not mine any coin,, why don't you worry about miners who work in AMD or nvidia if you mine gpu based?, why don't worried about miners who worked in cloud computer companies like azure when you mine the cpu based,,..  according to your say, every one in these company can use endless resources for free..

▀▀▀▀▀▀     SWIPE  │ Monetizing mobile engagement data, on the blockchain    ▀▀▀▀▀▀
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timk225
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August 20, 2014, 04:00:26 PM
 #2530

Fix the damn 1.0.2 wallet so I don't have to copy and paste in my 12 word code every time.  It is too much effort.

I want it to remember my login.  

Right now, there are only full blocks found by miners, no partials as in a pool?

I've been mining for a day and a half now, have found no blocks from my 20 GB hard drive allocation.

From my open wallet file, the last line reads  2014-08-18 17:46:57 INFO: nxt.apiServerEnforcePOST = "true" .

Is this right?  Am I properly mining?

i do not have good news for you, with 20 GB you will get 1 block every 70 days on average

Well I am on vacation right now, and 20 GB is all the free space I have on my laptop.  When I get home I can make bigger files on other computers.

How did you determine that a 20 GB plot file = 70 days per block at the current difficulty?  Is there a chart somewhere that shows it?
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August 20, 2014, 04:17:12 PM
 #2531

Time for an observation on this coin and mining method, I'd like your input.

After a few days of reading on it, it seems that the only real mining equipment needed is some multi-TB hard drives, otherwise any old computer can eventually make the plot files and be good enough to mine on.
....
So part of me wants to get in on it, and part of me wants to say the hell with it, it's not worth the effort to be playing catch up and adding TBs of storage every few weeks.
...
And we are all solo mining now!  How long before Petabyte pools start on this coin?

What say you?

+1

that is what i have tryed so say with the utah datacenter.. if someone have access (for exemple to a datacenter) to huge capacitys and wanna do this, he will crash just for fun <_<

You overlook something. Storage capacity is cheap but who generated the plots for 1 PB. Computing capacity is not cheap and no one have 10, 20 or 50 free server in a data center.

I have tested many options and the best option is a dedicatet physikal Server. VMs require a long time 100% CPU usage also affects other VMs.
One Server with 16 core generated approximately 1TB in one day.
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August 20, 2014, 04:34:49 PM
 #2532

sell 0.04BTC/10K    ,max amount :100K

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August 20, 2014, 04:54:12 PM
 #2533

90GB plots in the pool and don't have a share. It seems that the pool is again for BURST whales Angry

500GB is not enough for solo-mining. 90GB is not enough for pool. Something is going wrong with that coin, it's the first week and it's imposible to mine it with normal PC.

You will need at last 2 Terabytes of Harddrive space it is because the hardware is to cheap.

2TB per week,may be. But i can't play vs peolpe, which work in website hosting companies or datacenters. They use their mining hardware with no invest. The pool had to be THE BALANCE. Now it's useless in that form.

......are you serious? people in the company won't use these resource, because mining is p2p, company will monitor the flow always time.,  if you worried about this, every one just not mine any coin,, why don't you worry about miners who work in AMD or nvidia if you mine gpu based?, why don't worried about miners who worked in cloud computer companies like azure when you mine the cpu based,,..  according to your say, every one in these company can use endless resources for free..

Yea, not to mention the space used to mine is completely wasted space as far as a data center is concerned, so I don't think anyone in a data center will do this, maybe with a single server they aren't using, but I highly doubt that a huge data center would risk all of their usual profit plotting space for a new altcoin.



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ORA
    ..Decentralized hosting.
     ⊙ Decentralized social network
    ..Voting system.
| https://cryptopool.party - The Crypto Pool Party!
            infrastructure/admin
[/td][/tr][/table]

[/table]
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August 20, 2014, 04:55:44 PM
 #2534

The pricing on the NXT AE is comical.

They want 0.1 NXT per Burst, even though there will be 2.2 times more bursts then NXT.

That means that the total value of bursts right now amounts to 220,000,000 NXT. Hahahahaha

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August 20, 2014, 04:56:03 PM
 #2535

I want to generate two plots in two drives. I need two different addresses (account number) or one address is enough?


don't everyone know?
plz help me.
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August 20, 2014, 04:58:02 PM
 #2536

I want to generate two plots in two drives. I need two different addresses (account number) or one address is enough?


don't everyone know?
plz help me.

1 address is enought but don't overlap nnonces. If you using linux or windows vista or greater link 1 of the plot files to the others path.
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August 20, 2014, 05:03:07 PM
 #2537

The pricing on the NXT AE is comical.

They want 0.1 NXT per Burst, even though there will be 2.2 times more bursts then NXT.

That means that the total value of bursts right now amounts to 220,000,000 NXT. Hahahahaha

who teach you so comical math Grin, total nxt coin now is 1billion, and total burst now is 30 million, how can the "total value of bursts right now amounts to 220,000,000 NXT." funny Grin

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neite99
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August 20, 2014, 05:06:15 PM
 #2538

Wow. Its a madhouse in here.

I think we need to clarify a few things here.

First of all, unless some expert wants to spend a huge amount of time coding some ridiculously complex security measures for the pool then we just plain flat out need to generate new plots that are keyed to the pool address that is given to you when you do the ridiculously hard task of pasting your BURST address in the box and clicking the button.

Once you have that address all you do is generate plots wit the same instructions but you use the pool address.

If you are new here than I would highly recommend reading through the thread. Almost anything you could ask has already been answered.

Its pretty easy to figure out the amount in circulation right now.

On the pool site   http://198.199.103.145:8121/

click the "network state" link. "Height" is the current block number. There has been no reward reduction yet (it reduces 5% a month and we haven't been mining a month yet) so the current amount is simply that number multiplied by 10,000.

as of the time of this writing we are on block 3260

so

3260*10,000=  32,600,000


As far as the pool situation I have some advice. START GENERATING PLOTS USING THE POOL ADDRESS. It has taken me almost a week to fill 6 TB of plots and I have been using 3 servers to do it. The amount of "hash" power is going to grow and eventually even my 6 TB will not find blocks. So I can either start generating plots for the pool (which I am) or miss out on a huge amount of BURST.

I am creating new plots on a different 2tb drive and when it is full I will start replacing my solomining plots with pool plots. It is just the natural way these things go and I would advise all of you to do the same.

I want to say one more thing about the pool. The dev worked hard to get a pool running and all I see is complaints about how it works. You really need to think about what goes into creating a new type of pool from scratch. This isn't a small feat. Honestly I think the dev is a genius. He is PROTECTING you by having you NOT use your personal address. I would think that would be obvious.

Onward
HoldingCorporate
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August 20, 2014, 05:08:29 PM
 #2539

The pricing on the NXT AE is comical.

They want 0.1 NXT per Burst, even though there will be 2.2 times more bursts then NXT.

That means that the total value of bursts right now amounts to 220,000,000 NXT. Hahahahaha

do you mean now that bursts are under- or overvalued?
my english is not good...
qbd1313
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August 20, 2014, 05:17:19 PM
 #2540

miner will like this coin..
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