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

[theduuude]

think marketcap, not absolute price in satoshi's

[IncludeBeer]

Sorry for stupid question. If I want to invest on HDD to mining Burst at this time. Does it late? Any future or equip return after done volume of Bust mined. How long Burst will be mining done?
Thanks    

it's never too late because if burst goes to 60000 sat, you can speed up your roi!!!
to get some forecast about your ROI DATE, plz check here:
http://burstcoin.biz/calculator
good luck!

That's a terrible argument for investing in Burst. Sorry to "burst" your bubble, but Burst will never hit 60k sats. The supply is simply wayyy too high, and the only "locking" mechanism for supply is through the AE (which even this is flimsy, as people can "unlock" their funds instantly if they wanted). Don't get me wrong, I've been mining Burst since nearly genesis block, and fully expect it to appreciate in value. But you need to be realistic, especially when talking to someone new to the project.

Good reasons to invest (btw):

• Very low entry costs
• Very low ongoing expenses (nearly free in terms of electricity)
• Mature chain and community
• Integrated Asset Exchange provides on-chain opportunity for investments/projects

There's still ~10 years I think before Burst blocks won't pay a block reward.  

You wrote constructively about BURST, and it looks like you are experienced user, but how do you set the price for that coin? You write that Burst price will never reach 60k satoshi - after all this is total nonsense! First: price of BTC can change in 1000% (put there how many zeros you want), second - it is unique project right now, so possibility of pump is like 99% .. I'm not thinking about 6 months, but in 2-3 years perspective of even few $$ is very realistic..

You're right, "never say never". Instead, I'll hedge < 1% chance Burst will hit 60k sats, for as long as 1btc >= $2k.

I love burst, but I really only love it as a miner. Here's why:

PoC is the #1 thing that differentiates Burst from any other alt coin. Not only is the consensus at least as secure as other chains, but mining algorithm is one of the most energy efficient, especially in terms of scalability (at least until Vitalik finishes PoS). The AE is also a great feature which helps to set Burst apart. However, those really aren't enough to take this coin mainstream. The main functionality for Burst (as of right now, and for the foreseeable future) is simply transactions. Other than the AE, Burst doesn't have a major feature to offer the market. And already, one can do everything on Ethereum that you can do in the AE (allbeit its much more complicated on Ethereum), and even better.

Also, Burst isn't some new kid on the block. It's been around for a few years now, and already ~90% (don't quote me) of all Burst has been mined. While mining for block rewards will continue for several years still, the vast majority is already on the market. Burst seems to have found a small niche for itself as a gambling coin, but I simply don't see a reason for large investors to go buying up sell orders on exchanges. There are other alt coins out there that will make a much bigger scene on the crypto world than Burst will I'm afraid. Now since I've started mining, I've consistently hodled (even at 25 sats!), waiting for appropriate price time. It's not here yet, but if you wait for and expect 60k sats, you'll never make profit.

I could go on (certainly there's a political side which has blackened the outlook for Burst; Adam himself is just a fat slug on the image of Burst), but that's the jist of it.  

I'd really be interested in hearing why you think we can hit 60k sats, and maybe when?

Edit: I sure as shit hope I'm completely wrong though!! 

[cyberspacemonkey]

It sucks that the original Dev and creator of Burst magically disappeared the coin has been pretty much stagnant since then. Question nobody is asking, how come noone has cloned this coin or at least come up with another PoC coin that you can mine with Hard drive? has anyone tried? is it too hard? 

[Wexlike]

Hello, I am trying to create a Burst Coin Wallet and apparently I need a transaction ?

Could someone please send 1 Burstcoin to BURST-H862-8TD5-PZJ3-29NXW ? The faucets seem not to work.

Thanks in advance, I am totally new to Burst.

[joosep]

Hello, I am trying to create a Burst Coin Wallet and apparently I need a transaction ?

Could someone please send 1 Burstcoin to BURST-H862-8TD5-PZJ3-29NXW ? The faucets seem not to work.

Thanks in advance, I am totally new to Burst.

I send some.

[Wexlike]

Hello, I am trying to create a Burst Coin Wallet and apparently I need a transaction ?

Could someone please send 1 Burstcoin to BURST-H862-8TD5-PZJ3-29NXW ? The faucets seem not to work.

Thanks in advance, I am totally new to Burst.

I send some.

Thank you very much ! I've sent you the coins back, I hope my account works now correctly.

[sevenseals]

Hello, I'm relative new with burstcoin. I just wonder that most miner have reading rates of 300MB/s. I have only 30MB/s. does anyone have an idea why it is so slow? i have 2 x 8tb (Seagate Archive HDD SATA III 8TB), both in a usb3 hdd docking station connected on a usb3 on my notebook.

I want to use my notebook because it has very low enrgy consumption. is there a faster setup for it?

regards, eric

what about you miner.conf???
how are you reading your plots directory??
are you reading in parallel whit all the threads available??

I don't know how the miner reads the plots. I use Blago Miner. If you have some advices for the config file to read faster please let me know.

[sevenseals]

Hello, I'm relative new with burstcoin. I just wonder that most miner have reading rates of 300MB/s. I have only 30MB/s. does anyone have an idea why it is so slow? i have 2 x 8tb (Seagate Archive HDD SATA III 8TB), both in a usb3 hdd docking station connected on a usb3 on my notebook.

I want to use my notebook because it has very low enrgy consumption. is there a faster setup for it?

regards, eric

I use Blago's miner and it's the best. You can also try a GPU miner but this just changes the speed in which your nonces are read but your deadlines remain the same, it does not mean you will get more Burst, for that you need more hard drive space.

I use Blago Miner too. I have read that if someone submit a deadline of 2h after 4 seconds, he will win the round also when someone else submit a deadline of 1h after 20 seconds. Is that false?

[Rengganis]

is there anyone knows about burst ocean , cause I have it but still dont understand how to exchange it to burst coin

[unsoindovo]

Hello, I'm relative new with burstcoin. I just wonder that most miner have reading rates of 300MB/s. I have only 30MB/s. does anyone have an idea why it is so slow? i have 2 x 8tb (Seagate Archive HDD SATA III 8TB), both in a usb3 hdd docking station connected on a usb3 on my notebook.

I want to use my notebook because it has very low enrgy consumption. is there a faster setup for it?

regards, eric

I use Blago's miner and it's the best. You can also try a GPU miner but this just changes the speed in which your nonces are read but your deadlines remain the same, it does not mean you will get more Burst, for that you need more hard drive space.

I use Blago Miner too. I have read that if someone submits a deadline of 2h after 4 seconds, he will win the round also when someone else submits a deadline of 1h after 20 seconds. Is that false?

hum!!! where did you read this??
it should be impossible...
if my deadline is better why a worst dead line should win the round??
maybe if 2 dead line are the same, win the one who arrives for first

[Naficopa]

Are there any working BURST faucets?

Which pool do you recommend?

[qratzpalatz]

Hello, I'm relative new with burstcoin. I just wonder that most miner have reading rates of 300MB/s. I have only 30MB/s. does anyone have an idea why it is so slow? i have 2 x 8tb (Seagate Archive HDD SATA III 8TB), both in a usb3 hdd docking station connected on a usb3 on my notebook.

I want to use my notebook because it has very low enrgy consumption. is there a faster setup for it?

regards, eric

what about you miner.conf???
how are you reading your plots directory??
are you reading in parallel whit all the threads available??

I don't know how the miner reads the plots. I use Blago Miner. If you have some advices for the config file to read faster please let me know.

Hmm,the drives are read at the same time....if your drives share same docking station,they also share same bandwidth...

[vovannovig]

Good afternoon.

Help please, I always face the error of the form:

BURST miner, v1.170603_AVX2
Programming: dcct (Linux) & Blago (Windows)
CPU support: AES SSE SSE2 SSE3 SSE4.2 AVX AVX2 [recomend use AVX
2]
AuthenticAMD AMD Ryzen 5 1600X Six-Core Processor [12 cores]
RAM: 8192 Mb
Pool address all.poolofd32th.club (ip 192.254.70.189:8124)
Updater address all.poolofd32th.club (ip 192.254.70.189:8124)
Using plots:
D: \ Burst \ plots files: 4 size: 1575 Gb
TOTAL: 1575 Gb

23:20:31 New block 373588, baseTarget 337409, netDiff 54311 Tb
23:20:34 [14173777382496764850] found DL: 8400756
23:20:34 [14173777382496764850] sent DL: 8400756 97d 05:32:36
23:20:35 The thread "D: \ Burst \ plots" @ 3.8 sec (104.9 MB / s) The CPU is 66.11%
[ERROR 1004] Your Burst account's reward recipient (Z2XL-FVWL-CPCM-EZUEB) do
Es not match the pool's account (LBQ2-XLPT-S2S8-64ZG5)
You need change reward assignment and wait 4 blocks (~ 16 minutes)

23:23:10 New block 373589, baseTarget 348822, netDiff 52534 Tb
23:23:12 [14173777382496764850] found DL: 14771271
Sent: DL: 14771271 170d 23:07:51
[ERROR 1004] Your Burst account's reward recipient (Z2XL-FVWL-CPCM-EZUEB) do
Es not match the pool's account (LBQ2-XLPT-S2S8-64ZG5)
You need change reward assignment and wait 4 blocks (~ 16 minutes)
23:23:14 The thread "D: \ Burst \ plots" @ 3.7 sec (105.7 MB / s) The CPU is 67.40%

There are 10 coins on the wallet.

I tried on other wallets, sistemnikami ...

 

What I do, I go into the purse, I'm synchronized. I click create a plotter - I select the disk and the volume, count. The processor cores involved and I specify my purse BURST-Z2XL-FVWL-CPCM-EZUEB. Then everything is created and when I begin to mine I get the above error, namely: [ERROR 1004] Your Burst account's reward recipient (Z2XL-FVWL-CPCM-EZUEB) do es not match the pool's account (LBQ2-XLPT-S2S8-64ZG5)

 

What's wrong???

[IncludeBeer]

Good afternoon.

Help please, I always face the error of the form:

BURST miner, v1.170603_AVX2
Programming: dcct (Linux) & Blago (Windows)
CPU support: AES SSE SSE2 SSE3 SSE4.2 AVX AVX2 [recomend use AVX
2]
AuthenticAMD AMD Ryzen 5 1600X Six-Core Processor [12 cores]
RAM: 8192 Mb
Pool address all.poolofd32th.club (ip 192.254.70.189:8124)
Updater address all.poolofd32th.club (ip 192.254.70.189:8124)
Using plots:
D: \ Burst \ plots files: 4 size: 1575 Gb
TOTAL: 1575 Gb

23:20:31 New block 373588, baseTarget 337409, netDiff 54311 Tb
23:20:34 [14173777382496764850] found DL: 8400756
23:20:34 [14173777382496764850] sent DL: 8400756 97d 05:32:36
23:20:35 The thread "D: \ Burst \ plots" @ 3.8 sec (104.9 MB / s) The CPU is 66.11%
[ERROR 1004] Your Burst account's reward recipient (Z2XL-FVWL-CPCM-EZUEB) do
Es not match the pool's account (LBQ2-XLPT-S2S8-64ZG5)
You need change reward assignment and wait 4 blocks (~ 16 minutes)

23:23:10 New block 373589, baseTarget 348822, netDiff 52534 Tb
23:23:12 [14173777382496764850] found DL: 14771271
Sent: DL: 14771271 170d 23:07:51
[ERROR 1004] Your Burst account's reward recipient (Z2XL-FVWL-CPCM-EZUEB) do
Es not match the pool's account (LBQ2-XLPT-S2S8-64ZG5)
You need change reward assignment and wait 4 blocks (~ 16 minutes)
23:23:14 The thread "D: \ Burst \ plots" @ 3.7 sec (105.7 MB / s) The CPU is 67.40%

There are 10 coins on the wallet.

I tried on other wallets, sistemnikami ...

 

What I do, I go into the purse, I'm synchronized. I click create a plotter - I select the disk and the volume, count. The processor cores involved and I specify my purse BURST-Z2XL-FVWL-CPCM-EZUEB. Then everything is created and when I begin to mine I get the above error, namely: [ERROR 1004] Your Burst account's reward recipient (Z2XL-FVWL-CPCM-EZUEB) do es not match the pool's account (LBQ2-XLPT-S2S8-64ZG5)

 

What's wrong???

You need to set the reward assignment. This is basically letting the pool know you are mining with it and where you want the rewards to go to. It sounds like you're using the windows wallet? So, press start mining button, then the popup will show a list of pools on the right. select one or enter the one you want. Click the change button on the left, then follow the instructions. A transaction will show up on your account, and after it has 4 confirmations, you can mine.

[Romeo53]

Could someone please send 1 Burstcoin to BURST-E7RP-NAXZ-FEEW-H38JB ? The faucets seem not to work.

Thanks in advance, I am totally new to Burst.

[joosep]

I sent 1 burst.

[Albortz]

I was not able to find any infos on what Burst is trying to accomplish other than being "green" while minting.


What can you do with it? I don't get it. It looks like a snowball scheme tbh

[FreeDollars]

Hey, I really wanted to mine BURST, maybe I can only afford about 4 TB HDD.

What HDD recommended to mine BURST? Thanks in advance.

[CryptoDude2727]

I was not able to find any infos on what Burst is trying to accomplish other than being "green" while minting.


What can you do with it? I don't get it. It looks like a snowball scheme tbh

What do you mean... what can you do with It?  It's a crypto coin, you can buy and trade on the exchanges... convert to BTC and USD if you choose.  There are a couple of gambling sites you can use BURST .... BURST Casino and Bitsler.  BURST has its own asset exchange where you can invest in projects and earn a ROI.  There's a marketplace (still needs developing).  Of course the cool mining aspect... and more in the future.

[Albortz]

I was not able to find any infos on what Burst is trying to accomplish other than being "green" while minting.


What can you do with it? I don't get it. It looks like a snowball scheme tbh

What do you mean... what can you do with It?  It's a crypto coin, you can buy and trade on the exchanges... convert to BTC and USD if you chose.  There are a couple of gambling sites you can use BURST .... BURST Casino and Bitsler.  BURST has its own asset exchange where you can invest in projects and earn a ROI.  There's a marketplace (still needs developing).  Of course the cool mining aspect... and more in the future.

This is what I mean. There are already 80% minted. We have a global value of around 26Million Dollar, and this only because of the general increase of all alts.

9-12 weeks ago it was around 2-3 million market cap.  You don't have retail stores using Burst, you don't have a function like PPC or NMC where you got a "real world problem" solved by using these coins.


The only value you have (as i see it) is for trading and even that is more or less only profitable the last 3 months.

Having 2 casinos  (maybe more) accepting Burst (or maybe they are based on burst) is not really a success story of the coin, especially if its on the market for years....


Thats why I ask. The only positive factor I can see so far is that the minting is done on very very low electricity, making it somehow green.



But please tell me if I am wrong and there are in fact more real life usages for this coin except trading and gambling on it. If that is all for the long run, I don't see a reason to invest in HDD or the coin itself.



And this is not a rant on it, a friend asked me about it and I just want to learn more about it. I am not familiar with all the sub 500m$ Coins.