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Author Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000  (Read 2170602 times)
xizmax
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February 08, 2015, 01:41:01 PM
 #17841


Well, Burst is not based on bitcoin rather on Nxt. I believe nxt uses jetty which in turn uses Java Secure Sockets extension which is not related to OpenSSL. So I'd say unless you are on *nix and have specifically used OpenSSL, for example to access API via https you should be ok (is this even needed/possible for Burst?).

If this is the case, I'd surmise the number of affected people should be pretty small and the rest of the network would just reject their blocks without causing major issues.

For final confirmation please wait for someone better versed in all this than me Smiley.

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coinits
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February 08, 2015, 01:41:18 PM
 #17842

Some people dumped 6.7mln coins(11 BTC worth)  on polo to lower the price to buy more and more cheaper...



Be wary of Bob Surplus and Ryan Pumper. They have their little gangs to pump and dump. There are many others too. The economy has to be such that an 11 BTC pump or dump has little to no effect on price. 30% drop smacks of manipulation.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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February 08, 2015, 01:45:11 PM
 #17843

Some people dumped 6.7mln coins(11 BTC worth)  on polo to lower the price to buy more and more cheaper...



Be wary of Bob Surplus and Ryan Pumper. They have their little gangs to pump and dump. There are many others too. The economy has to be such that an 11 BTC pump or dump has little to no effect on price. 30% drop smacks of manipulation.

I think it is quite obvious some people have been messing with Burst the past few days. I have made some nice trades in the meantime riding the waves. I guess it is just a question whether you're long on Burst Smiley

If some early adopters liquidated parts (or entirety) of their assets (and I do know some have), I sure do hope it got distributed to more people than just p&d groups Smiley

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February 08, 2015, 01:51:56 PM
 #17844

Some people dumped 6.7mln coins(11 BTC worth)  on polo to lower the price to buy more and more cheaper...



Be wary of Bob Surplus and Ryan Pumper. They have their little gangs to pump and dump. There are many others too. The economy has to be such that an 11 BTC pump or dump has little to no effect on price. 30% drop smacks of manipulation.

I think it is quite obvious some people have been messing with Burst the past few days. I have made some nice trades in the meantime riding the waves. I guess it is just a question whether you're long on Burst Smiley

If some early adopters liquidated parts (or entirety) of their assets (and I do know some have), I sure do hope it got distributed to more people than just p&d groups Smiley

I have sold some and bought more. It is good to keep the economy of the coin active on the exchanges (for now). This smacks of a P & D though.

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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February 08, 2015, 02:10:58 PM
 #17845

It wasn't me dumping just for the record.
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February 08, 2015, 02:20:45 PM
 #17846

Hey,

I'm late, but I'm in. It sound promising.

I plotted 1T in about 24h, and currently plotting another 2TB local disk and 8TB on my NAS  Smiley
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February 08, 2015, 02:22:48 PM
 #17847

It wasn't me dumping just for the record.

Ahah, I like your style mate Smiley

The 16 mil dump from a few days ago was one of the early, and major, adopters (courtesy of burstdev forensics).

Today's dump I do not know who is behind.

Hey,

I'm late, but I'm in. It sound promising.

I plotted 1T in about 24h, and currently plotting another 2TB local disk and 8TB on my NAS  Smiley

It is not late to join a good thing. Welcome, if you got questions feel free to post here or join in building more activity on burstforum.com

BURST, your C:\urrency
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February 08, 2015, 02:38:11 PM
 #17848


Well, Burst is not based on bitcoin rather on Nxt. I believe nxt uses jetty which in turn uses Java Secure Sockets extension which is not related to OpenSSL. So I'd say unless you are on *nix and have specifically used OpenSSL, for example to access API via https you should be ok (is this even needed/possible for Burst?).

If this is the case, I'd surmise the number of affected people should be pretty small and the rest of the network would just reject their blocks without causing major issues.

For final confirmation please wait for someone better versed in all this than me Smiley.

This OpenSSL is really buggy, it is not the first day it had security issue. And also affected all android apps once last year.
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February 08, 2015, 02:45:33 PM
 #17849

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

ha! I see someone is playing big time games with ya' all  Cool 180 sat on bittrex , could be same person causing "dynamics" selling and buying own coins , well there you go good opportunity to purchase on low as I don't see diminishing mining activity in fact people are adding drives as per increased network capacity
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February 08, 2015, 02:53:53 PM
 #17850

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low Smiley, I am long on Burst. However, I do agree it is risky trading now.

BURST, your C:\urrency
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February 08, 2015, 02:55:34 PM
 #17851

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low Smiley, I am long on Burst. However, I do agree it is risky trading now.

veeeery scary I am chicken ko ko ko

xizmax
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February 08, 2015, 02:56:59 PM
 #17852

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low Smiley, I am long on Burst. However, I do agree it is risky trading now.

veeeery scary I am chicken ko ko ko



Risk aversity is my middle name Tongue

BURST, your C:\urrency
Follow us on https://twitter.com/burstcoin_dev
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February 08, 2015, 03:55:14 PM
 #17853

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve  Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low Smiley, I am long on Burst. However, I do agree it is risky trading now.

veeeery scary I am chicken ko ko ko



Risk aversity is my middle name Tongue

chicken just "ate" significant amount of BURST it was no brainer , lucky someone offered that amount, as there seem to be a small bot operating too between bittrex/c-cex, but amounts are arbitraged much smaller, so someone unloaded significant chunk from mining operation which I find really really strange.. but hey!, this in addition to intensive mining operation what I really need to do is trace and follow work done on blockchain extensions here
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February 08, 2015, 04:18:15 PM
 #17854

there you go.. sale orders are reversing , so re-purchase by that person or persons or you.. good opportunity Today won't or might repeat again... MAYBE  Cool
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February 08, 2015, 04:30:09 PM
 #17855

Is there plans for the wallet to use Java 8? Right now it doesn't seem to and Sun depreciated Java7.
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February 08, 2015, 04:34:19 PM
 #17856

Is there plans for the wallet to use Java 8? Right now it doesn't seem to and Sun depreciated Java7.

works perfect here

java -version
java version "1.8.0_25"
Java(TM) SE Runtime Environment (build 1.8.0_25-b17)
Java HotSpot(TM) 64-Bit Server VM (build 25.25-b02, mixed mode)
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February 08, 2015, 04:37:14 PM
 #17857

sorry if naive' q, need this to cordinate my trading activity, does anyone know exact nature and schedule of block reward reductions into the future , like a time table ? thanks in advance, what I really would like to have is network capacity projection, but that is next to impossible...
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February 08, 2015, 04:57:13 PM
 #17858

sorry if naive' q, need this to cordinate my trading activity, does anyone know exact nature and schedule of block reward reductions into the future , like a time table ? thanks in advance, what I really would like to have is network capacity projection, but that is next to impossible...

Will give u a chart soonish
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February 08, 2015, 05:17:45 PM
 #17859

i got one question... is the wallet goin to have very much revisionlike 1.15 to 1.2.2 it had already soo the next moths will also be need to actualize like in 2 per 2 weeks a new version? its that the link only works if the anti-virus its not connected..

Updates will come as necessary or as new features are introduced. What link is giving you problems mate?

Is it critical to upgrade from 1.2.1 to 1.2.2. What is new in 1.2.2?

Yes it is a mandatory update, please update as soon as possible. Deadline is block 67000, which is about 7 days away. 1.2.2. brings some new fixes and updates to Automated Transactions.

Thank you!
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February 08, 2015, 05:28:18 PM
 #17860

Is there plans for the wallet to use Java 8? Right now it doesn't seem to and Sun depreciated Java7.

works perfect here

java -version
java version "1.8.0_25"
Java(TM) SE Runtime Environment (build 1.8.0_25-b17)
Java HotSpot(TM) 64-Bit Server VM (build 25.25-b02, mixed mode)

Hmmm, do I have to change something to get it to use J8? It wouldn't run without J7 installed...


How do you mine to a wallet on a different computer? I tried running a wallet on a different computer across the network, changed this:
nxt.apiServerHost=0.0.0.0
nxt.allowedBotHosts=0.0.0.0
(could access the wallet from a different computer)

And changed this:
   "UpdaterAddr" : "192.168.0.98",
   "Server" : "192.168.0.98

It seems as though the miner could connect, but wouldn't start mining.
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