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

[Irontiga]

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

0 : 10000
10800: 9500
21600: 9025
32400: 8573.75
43200: 8145.0625
54000: 7737.809375
64800: 7350.91890625
75600: 6983.373
86400: 6634.2043
97200: 6302.49409725

[q327K091]

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

http://screencast.com/t/zoTReyvik

0 : 10000
10800: 9500
21600: 9025
32400: 8573.75
43200: 8145.0625
54000: 7737.809375
64800: 7350.91890625
75600: 6983.373
86400: 6634.2043
97200: 6302.49409725

thanks so much... great.. also will allow solid distribution world wide even with lower capacity drives in developing countries.. thought reduction was more aggressive.. it is not ... very very cool, and developing countries are high on electrical costs.. so there you go with decentralization,,, granted China could build a warehouse and stack it with high capacity SCSI's and begin race war in this space as well.. if it happens you all should get chunk of BURST as soon as you can at Tera and sat (on exchanges) as its allowed right now

checking bittrex action again... very interesting trading pattern.. like 12 BTC volume Today.. lots of 250K sold at 200 sat.. and rebought etc

believe "asset" territory is also untapped to a degree as well.. although NXT spined off so many that is hard for people to dissect although it is all very valuable long term

you got basically two coins that are "decentralization" friendly it is BURST and MAGI , both were actually presented together at a conference and it makes sense

bought Magi when BURST was at 300 satoshi and in reverse bought BURST when MAGI was 4908 sat.. both are excellent investments long term in my opinion . they, developers should consider "talking to" Supernet developers and close that bridge as well.. anyways..

> 200K BURST lots are gone, so now you have bots playing arbitrage in minuscule amounts, lucky thee who scooped these lots at 200 sat range.. there is one left but < 1/4 40K at 187 sat

thinking thinking.. need to transfer that BTC amount.. that's around 0.07 BTC which is nothing, gone.. next level is 204 and 207 sat...

[ik_do]

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

just edit the bat file in the installation directory and update the references from java7 to java8 or whatever is installed on your machine.

This should really be made far clearer on the BURST website, original post on this thread and within the installation itself because I (alongside many others) have already asked the same question numerous times.

[vbcs]

Hey,

The Crowdfund case is here and ready to be used to fund your projects and ideas. The rules are simple.
You define a name, a description, the total duration of the crowdfunding and the total amount you need to gather. After the duration you have set, the AT checks the total amount gathered and if is greater than the one you have asked, the total amount is sent back to the ATs creators account. If the project is not successfully funded then refunds all the participants the amount they have sent minus the fees the AT needs for processing ( approx. 7 bursts ).

After the crowdfund case is done, the AT acts as a donation address, where any amount sent to the AT goes to the creator of the AT.

As in the lottery case I created a html file for making things easier for anyone interested in creating his project or help funding the project. If you want to use the html file then copy it under html/ui/ directory.
The resulting html looks like that:


You can find the corresponding html here: http://burstcoin.info/d/cf
and the assembly code of the CF case here: http://pastebin.com/09j994Yc

[pinkman12345]

Hi everyone, i am new to the BURST scene. I am after a serious answer before anyone thinks i'm being a bit pessimistic about the whole thing..

Why would i consider mining when the price is this cheap? I realise there are 580million BURST at present and a lot more to be mined, but if i were to use my 4TB i would only get 24663(est by calc) per month which equates to near no BTC at all...

I could buy that for pittance at the moment.

I love the idea of mining with HDD's and the whole smart contract thing your trying to do here, i just don't see how its worth mining and why people are doing it when it pays out naff all?

Thanks guys

[Irontiga]

Hi everyone, i am new to the BURST scene. I am after a serious answer before anyone thinks i'm being a bit pessimistic about the whole thing..

Why would i consider mining when the price is this cheap? I realise there are 580million BURST at present and a lot more to be mined, but if i were to use my 4TB i would only get 24663(est by calc) per month which equates to near no BTC at all...

I could buy that for pittance at the moment.

I love the idea of mining with HDD's and the whole smart contract thing your trying to do here, i just don't see how its worth mining and why people are doing it when it pays out naff all?

Thanks guys

If  only mine 0.1 btc with a 4b drive in a year, and u stop, what have u lost? U have used next to no power at all, and still have a perfectly fine hdd. HDD's are useful, unlike 20 GPU's. Also they don't wear out from the use, as with high stagger and optimise mining puts very little stress on them.

And Burst is so revolutionary, y are u measuring in btc?

[burstcoin]

Hi everyone, i am new to the BURST scene. I am after a serious answer before anyone thinks i'm being a bit pessimistic about the whole thing..

Why would i consider mining when the price is this cheap? I realise there are 580million BURST at present and a lot more to be mined, but if i were to use my 4TB i would only get 24663(est by calc) per month which equates to near no BTC at all...

I could buy that for pittance at the moment.

I love the idea of mining with HDD's and the whole smart contract thing your trying to do here, i just don't see how its worth mining and why people are doing it when it pays out naff all?

Thanks guys

Mining uses very little resources after plotting is done, so there is little reason not to mine with existing space, as it's essentially free coins if you already have the unused space and would have the computer on anyway.

As for setting up dedicated hardware(extra drives, etc) some people prefer to buy hardware over coins as regardless of what happens to the coin they still have hardware with resale value or that they can use for other purposes, so although it may yield less coins, the potential for loss is less if something was to go horribly wrong.

[daWallet]

Hi everyone, i am new to the BURST scene. I am after a serious answer before anyone thinks i'm being a bit pessimistic about the whole thing..

Why would i consider mining when the price is this cheap? I realise there are 580million BURST at present and a lot more to be mined, but if i were to use my 4TB i would only get 24663(est by calc) per month which equates to near no BTC at all...

I could buy that for pittance at the moment.

I love the idea of mining with HDD's and the whole smart contract thing your trying to do here, i just don't see how its worth mining and why people are doing it when it pays out naff all?

Thanks guys

I'm pretty sure that Burst is the most profitable coin around. But don't tell that anyone! Do the maths yourself.

@vbcs

Very good, have to test it directly.

[Alpinist]

My first 3TB Burst HDD started mining 24.08.14.
ROI was 5 days. (~120$).
Oh... That was a time...

[go6ooo1212]

My first 3TB Burst HDD started mining 24.08.14.
ROI was 5 days. (~120$).
Oh... That was a time...

Nice , man , I've started September , and ROI was much slower...

[evok3d]

Hi mates,

Can someone please tell me the current rate for BURST per day for 1TB?

Cheers.

[jamoes]

Hey,

The Crowdfund case is here and ready to be used to fund your projects and ideas. The rules are simple.
You define a name, a description, the total duration of the crowdfunding and the total amount you need to gather. After the duration you have set, the AT checks the total amount gathered and if is greater than the one you have asked, the total amount is sent back to the ATs creators account. If the project is not successfully funded then refunds all the participants the amount they have sent minus the fees the AT needs for processing ( approx. 7 bursts ).

After the crowdfund case is done, the AT acts as a donation address, where any amount sent to the AT goes to the creator of the AT.

As in the lottery case I created a html file for making things easier for anyone interested in creating his project or help funding the project. If you want to use the html file then copy it under html/ui/ directory.
The resulting html looks like that:


You can find the corresponding html here: http://burstcoin.info/d/cf
and the assembly code of the CF case here: http://pastebin.com/09j994Yc

This is awesome news! Glad to see more ATs getting coded up and released into the wild.

Would it be possible for you to provide some detailed instructions on how exactly you go from the assembly code to a published AT? I'm aware of the Scala AT assembler, but I'm not sure exactly what steps to take to actually use the assembler and publish the AT to the Burst network with all the right parameters. Also, is there any test environment for ATs? Thanks!

[bensam123]

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.

I'd really like to know this as I would like to centralize my wallets, I know questions get lost really easily in this thread.

[burstcoin]

Would it be possible for you to provide some detailed instructions on how exactly you go from the assembly code to a published AT? I'm aware of the Scala AT assembler, but I'm not sure exactly what steps to take to actually use the assembler and publish the AT to the Burst network with all the right parameters. Also, is there any test environment for ATs? Thanks!

That assembler is currently the best way to compile ATs to bytecode. A precompiled jar of it probably should be made, but if you compile it you just need to pass a filename of assembly code to it and it'll dump the bytecode.

For publishing, in the wallet go to transactions -> ATs, then click Create AT. Set any name and description, paste the bytecode into the code field. If your at expects any data to be already set when it starts you can use the the data field, otherwise leave it blank. data pages * 256 is the number of bytes of space your at has. all variable are 64bit, so you get 32 variables per data page, so pick an appropriate number. call stack pages is only needed if you use call/ret opcodes for subroutines, but same idea as data pages, except its how deep you can nest calls. user stack is only needed for push/pop opcodes, and same idea as call stack. Min activation amount is the minimum amount which must be sent to an at to wake it back up to avoid dust transaction from wasting all its funds on step fees. The fee is the number of pages total(code pages is calculated automatically). if you set it too low it'll say in an error what the min fee for those settings is, so you might as well just submit it with 1, and see what it says and set that. Nothing will run until you send your at some funds for step fees, so after it has confirmed check the list of your ats in the wallet(transactions -> ats) and send it some coins.

There is no dedicated test environment(yet), so for now what we've been doing is taking the wallet source, editing Constants.java and setting DIGITAL_GOODS_STORE_BLOCK, AUTOMATED_TRANSACTION_BLOCK, AT_FIX_BLOCK_2 all to 0, and setting INITIAL_BASE_TARGET higher(add at least 2 0s to the end), edit the config file to remove the seed nodes, and recompile and you'll have a wallet you can instamine on and supports ATs.

[MamaGoose]

Hi mates,

Can someone please tell me the current rate for BURST per day for 1TB?

Cheers.

Noto so much!
But you can check here for more details

http://burstcoin.eu

Bye bye

[Irontiga]

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.

I'd really like to know this as I would like to centralize my wallets, I know questions get lost really easily in this thread.

conf/nxt-default.properties

change lines
100 :

Code:

nxt.allowedBotHosts=127.0.0.1; localhost; [0:0:0:0:0:0:0:1]; 

to

Code:

nxt.allowedBotHosts=*

and 107:

Code:

nxt.apiServerHost=127.0.0.1

to

Code:

nxt.apiServerHost=0.0.0.0.0

That should be all

[equipoise]

Hey,

The Crowdfund case is here and ready to be used to fund your projects and ideas. The rules are simple.
You define a name, a description, the total duration of the crowdfunding and the total amount you need to gather. After the duration you have set, the AT checks the total amount gathered and if is greater than the one you have asked, the total amount is sent back to the ATs creators account. If the project is not successfully funded then refunds all the participants the amount they have sent minus the fees the AT needs for processing ( approx. 7 bursts ).

After the crowdfund case is done, the AT acts as a donation address, where any amount sent to the AT goes to the creator of the AT.

As in the lottery case I created a html file for making things easier for anyone interested in creating his project or help funding the project. If you want to use the html file then copy it under html/ui/ directory.
The resulting html looks like that:


You can find the corresponding html here: http://burstcoin.info/d/cf
and the assembly code of the CF case here: http://pastebin.com/09j994Yc

I tried to create a Crowdfund AT, but it gives an error:

[vbcs]

Hey,

The Crowdfund case is here and ready to be used to fund your projects and ideas. The rules are simple.
You define a name, a description, the total duration of the crowdfunding and the total amount you need to gather. After the duration you have set, the AT checks the total amount gathered and if is greater than the one you have asked, the total amount is sent back to the ATs creators account. If the project is not successfully funded then refunds all the participants the amount they have sent minus the fees the AT needs for processing ( approx. 7 bursts ).

After the crowdfund case is done, the AT acts as a donation address, where any amount sent to the AT goes to the creator of the AT.

As in the lottery case I created a html file for making things easier for anyone interested in creating his project or help funding the project. If you want to use the html file then copy it under html/ui/ directory.
The resulting html looks like that:


You can find the corresponding html here: http://burstcoin.info/d/cf
and the assembly code of the CF case here: http://pastebin.com/09j994Yc

I tried to create a Crowdfund AT, but it gives an error:

The name should not contain spaces

[daWallet]

Wonderful, now it works 

It would be nice to write hints like "no spaces" and how long it will take to see the Crowdfunding Project Active. That would help

I love this coin

[vbcs]

Wonderful, now it works  

It would be nice to write hints like "no spaces" and how long it will take to see the Crowdfunding Project Active. That would help

I love this coin

Websites are not really my thing, but any recommendation is welcome )). A crowdfund project to be active and to start showing the info properly needs at least one transaction (of at least 2 bursts)