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

[ticote]

BURST, the unique POC coin, uses the HD for getting coins but, for sure, if the price raise there will appear ASIC and we sill stock docens of HD that could be used for other things.   

i dont think that asics will come up in the next years. If the come up, your miners could easy be switched to a maidsafe oder a strojx miner.....so no problem at all.

Not so far.....

A i7 can get 20MHash/s and a Antminer S4 gives 2 THash/s. So there is a factor 100,000.

In BURST ploting a i7 calculate 20,000 nonces/minute (about 5 Gb/min), if you apply the same factor, the hipotetical BURST ASIC will calculate 0,5 PB/min, an equivlalent in the 4 minutes block time to a 2Pb (15% of actual size).

The cost of the Antminer S4 is 1500$ and consumes 1500W, the cost of 666 3Tb HD (100$ each) is 66,000$ and consumes (8W each) 5300W (and you would need docens of computers).

So, if the price raise and BURST got popularity, ASIC will come, but don´t worry, Bobafett, for then we will drive our own Ferrari without crowdfund the FerrariSharing.

[bobafett]

So, if the price raise and BURST got popularity, ASIC will come, but don´t worry, Bobafett, for then we will drive our own Ferrari without crowdfund the FerrariSharing.

on our own little island :-)

[seasonw]

I just moved my miner to us.burstcoin.io then I got these...

405160    2.2609%    0.00    #75795
223914    0.2840%    0.00    #75794
1207295    0.0616%    0.00    #75793
56697    3.1776%    0.00    #75792
350766    0.1171%    0.00    #75791

Balance is always 0.00

Is this normal? or should I wait a little longer?

Abnormal...

43991    28.1679%    48.76    #75795
24500    3.4754%    7.84    #75794
676440    0.1193%    0.27    #75793
820857    0.1519%    0.37    #75792

This is what I have for your reference. So, you should at least get > 5.00 in block 75792

[bobafett]

competition is good for business and risk diversification is highly recommend

-[ANNOUNCEMENT]- First Burstcoin.de Asset
New Asset with 2% Intrest a Month / 24% a Intrest a Year / Highly Secure

Asset Name – BdeBank
Total number available – 500.000
Price –  50 Burst
Asset Number (ID)– 4053085726300717216
First payout is the first of April!

2% intrest montly! This asset pays out 2% intrest monthly.  One B.deBank  Asset = 50 Burst. 2% of 50 Burst = 1 Burst / month payout.

URL: http://www.burstcoin.de/assets/asset_b.debank.pdf

Guaranteed monthly payout! Every first day of the month i will payout all intrest of the assets. Regardless how long you are owner oft them. Also if you bought the assets one day before the first.

Save Investment! The intrests are covered and backed by my mining system. If all shares are sold, i have to pay 500.000 Burst  intrest a month. My Miners make average 25.000 Burst per day, whats in a month 750.000 Burst. So the payment of intrest is secured forever. Also i am actually bring up more miners, also, look above, this is covert with my burst account with 8.4 Million Burstcoins atm.

Instant Cashout without loss! Also you can cashout anytime. I will buy back the assets from you. Therfore i will place a buy order for every sold asset with a price of 50 Burst. The price what i pay for the payback will decrease 1% every month.  Buywall will be created instantly after the first sales and adapted every first day of the month.

Burstcoin.de is the name oft the german website of burst , with mining guides, best practises, how tos, a manual for beginners, example hardwares from my miners, scripts for tracking the mining tasks, news over burst, etc. and information for the german community is actually daily added.

Bobafett is my username in Bitcointalk.org and burstforum.com.  I´m mining and investing in Burst qfilsince the beginning. I invested over 8500 Euros since now in Burst (bought with btc) and mining hardware. Until now i never sold any of my coins because i really belive this coin has a bright future.

Bobafett is the owner oft the account BURST-AJ63-3W8L-FGBT-2ALZE and now holding over 8.4 Million Burst and is now Top 11 of all Burst holders .

Bobafett is  mining with over 120TB every day and my next miner is acutally plotting. My daily minded income of burst are between 20.000 and 30.000 Burst.

Thank you that so much believe and trust in my asset. Until now, is has beaten all my expectations.

Because i do not want a such fast grow, i will limit the daily offert assets to 2000, whats 100k Burst for the next time.

This should also enable all shareholders to beginn asset trading.....

[lagur]

I just moved my miner to us.burstcoin.io then I got these...

405160    2.2609%    0.00    #75795
223914    0.2840%    0.00    #75794
1207295    0.0616%    0.00    #75793
56697    3.1776%    0.00    #75792
350766    0.1171%    0.00    #75791

Balance is always 0.00

Is this normal? or should I wait a little longer?

Abnormal...

43991    28.1679%    48.76    #75795
24500    3.4754%    7.84    #75794
676440    0.1193%    0.27    #75793
820857    0.1519%    0.37    #75792

This is what I have for your reference. So, you should at least get > 5.00 in block 75792

I find it really weird. Then I'm back to sg.burstcoin.io then everything is normal.

Can you share your settings?

[vaxman]

Thank you that so much believe and trust in my asset. Until now, is has beaten all my expectations.

Because i do not want a such fast grow, i will limit the daily offert assets to 2000, whats 100k Burst for the next time.

This should also enable all shareholders to beginn asset trading.....

wow, within a few days the asset sold for the equivalent of ~9000 USD. Seems you need a banking license soon.

[mczarnek]

BURST, the unique POC coin, uses the HD for getting coins but, for sure, if the price raise there will appear ASIC and we sill stock docens of HD that could be used for other things.   

i dont think that asics will come up in the next years. If the come up, your miners could easy be switched to a maidsafe oder a strojx miner.....so no problem at all.

Nope, especially once POC2 comes out, I'm convinced it is ASIC proof, not just highly ASIC resistant like the current algorithm..  highly doubt we'll be seeing ASIC ever since POC2 can always just bump up the difficultly for ASIC resistance.

[almond]

I'm trying to find the pool that works best for me with around 16TB on an i5 ubuntu machine with 8gb ram.
I started with cryptomining farm, which seemed to work fine but I'm in southern california, the farm is in asia and occaisionaly I miss out on a few good deadlines by being too slow.  I'm thinking I'll get my nonces delivered more quickly to pool closer to me.  I know there is an east coast pool in the US and a few in Europe, does anyone know of a good pool on the west coast of the US ?

thanx in advance,
 

propagation delay is the least of your worries.  optimize your plots instead to speed up read times.

my plots are optimized, thanks for the thought.   I welcome any other suggestions........I'm using Uray's miner.

[anoneo]

I'm trying to find the pool that works best for me with around 16TB on an i5 ubuntu machine with 8gb ram.
I started with cryptomining farm, which seemed to work fine but I'm in southern california, the farm is in asia and occaisionaly I miss out on a few good deadlines by being too slow.  I'm thinking I'll get my nonces delivered more quickly to pool closer to me.  I know there is an east coast pool in the US and a few in Europe, does anyone know of a good pool on the west coast of the US ?

thanx in advance,
 

http://burst.ninja is US based, and we've got an ever changing payout system pointed towards ultimate fairness.

Right now the payout system is highly based upon block finder, and shares that are close to block finder, then you get some too for being an overall big miner. We think the system is the best, and our code is the newest, and accepts any miner you point at it. We're constantly improving, and right now we're working on the new UI.

Come give us a shot, let me know what you think, and we will make changes based on suggestions of our miners to make sure we can get ultimate happiness for all involved! hehe. It's a pipe dream to make EVERYONE happy, but we're gonna try to get 90% there at least!

come check it out!

After some research I have chosen BURST for mining. As many of people in here I am using my home PC (i5, 8gb ram, 20TB) to pool mining at burst.ninja. Cost effective of this setup is unique.

Also my PC has 2xGTX970 graphic cards that I used to plot (but mainly for gaming purposes) and I'm not sure if I should use them to mine on some multipool for other coins or not. Does it really worth those extras cents/day? I know I'll run o loss but my worry is about those cards running pretty hot (about 70ºC 24/7).

What do you guys think? Share HDD/GPU mining of should i go BURST all the way in?

P.S. I really have to find some way to fully understand those technical terms of cryptocurrency and how to analyse those charts so I can buy/sell at the right moment. So any help would be appreciate

[okae]

What do you guys think? Share HDD/GPU mining of should i go BURST all the way in?

do not doub! go for burst yes or yes is just a question of time that more ppl notice what you already did, burst is the BEST alt coin ATM.

also did you notice that we will have soon the POC2? 

[xiaogr]

Sorry if these question have been already answered but i can not find something in these huge forum.


Using Blagos miner in SOLO mode , The "Server" is the system where wallet is running.
Can i have the "UpdaterAddr" point to another server (pool) while solo mining?


I am asking this because when i am using my wallet system as "UpdaterAddr" sometimes i have  a small delay in block update (1 block delay)

Why Do i  need wallet to be opened? ( i don't see any net traffic between miner and local wallet during mining)

Thanks

[crowetic]

-[Configuration Change ANN for http://burst.ninja pool]-


-We have decided that even though the minimum payout was set high, the block limit was making payouts too small for smaller miners, and taking too much with the BURST fee. So, we've implemented 300 minimum payout no matter what. (if 500 blocks go by without reaching 300, THEN and only then it will payout the balance.)

-We have implemented a "Scaling Factor", that changes payout distribution. So we have full control over how the distribution ladder looks. This means that when you see a share of 30 min and it's getting paid 4k, then a share of 5 hours that's getting paid 5, and you realize it's too extreme, we can change that. (we've already made changes, and currently the ninja pool is running at a scaling factor of 250.

-We continue to make upgrades to the pool, and we're in process of working a new UI. We are always striving to better serve our miners! Thank you!

[seasonw]

I just moved my miner to us.burstcoin.io then I got these...

405160    2.2609%    0.00    #75795
223914    0.2840%    0.00    #75794
1207295    0.0616%    0.00    #75793
56697    3.1776%    0.00    #75792
350766    0.1171%    0.00    #75791

Balance is always 0.00

Is this normal? or should I wait a little longer?

Abnormal...

43991    28.1679%    48.76    #75795
24500    3.4754%    7.84    #75794
676440    0.1193%    0.27    #75793
820857    0.1519%    0.37    #75792

This is what I have for your reference. So, you should at least get > 5.00 in block 75792

I find it really weird. Then I'm back to sg.burstcoin.io then everything is normal.

Can you share your settings?

Sure, here is my settings with blago miner:-

Code:

{
   "Mode" : "pool",

   "Server" : "us.burstcoin.io",
   "Port": 8126,

   "UpdaterAddr" : "us.burstcoin.io",
   "UpdaterPort": 8126,

   "EnableProxy": false,
   "ProxyPort": 8126,

   "Paths":["l:\\plots"],
   "CacheSize" : 400000,

   "ShowMsg" : false , 
   "ShowUpdates" : false,

   "UseSorting" : true,
   "Debug": false,

   "SendBestOnly": true,
   "TargetDeadline": 1000000,

   "UseFastRcv" : true, 
   "SendInterval": 100,
   "UpdateInterval": 2000,
   
   "SaveToLog": false
} 

[bensam1231]

23PB now... Jumped from 15PB to 23 in seven blocks... Somethings up guys.

[mczarnek]

BURST, the unique POC coin, uses the HD for getting coins but, for sure, if the price raise there will appear ASIC and we sill stock docens of HD that could be used for other things.    

i dont think that asics will come up in the next years. If the come up, your miners could easy be switched to a maidsafe oder a strojx miner.....so no problem at all.

Not so far.....

A i7 can get 20MHash/s and a Antminer S4 gives 2 THash/s. So there is a factor 100,000.

In BURST ploting a i7 calculate 20,000 nonces/minute (about 5 Gb/min), if you apply the same factor, the hipotetical BURST ASIC will calculate 0,5 PB/min, an equivlalent in the 4 minutes block time to a 2Pb (15% of actual size).

The cost of the Antminer S4 is 1500$ and consumes 1500W, the cost of 666 3Tb HD (100$ each) is 66,000$ and consumes (8W each) 5300W (and you would need docens of computers).

So, if the price raise and BURST got popularity, ASIC will come, but don´t worry, Bobafett, for then we will drive our own Ferrari without crowdfund the FerrariSharing.

This is a large part of the reason I'm pushing for POC2.

With POC2 we can shorten block times (probably 30 seconds?), which improves the efficiency of HHD vs ASICs since ASICs have a shorter period of time to do the same amount of work.

Plus keep in mind that you plot once then you just pull numbers off the drive.. point being it isn't the i7 doing the having. And keep in mind that most people will use GPUs to plot their drives.

Also not understanding, how did you get Ant miner =666 *3 TB worth of drives?

[bensam1231]

If I didn't know better the scenario like mentioned above may already be happening on the network. PoC2 development definitely needs to be hurried up.

[Irontiga]

BURST, the unique POC coin, uses the HD for getting coins but, for sure, if the price raise there will appear ASIC and we sill stock docens of HD that could be used for other things.    

i dont think that asics will come up in the next years. If the come up, your miners could easy be switched to a maidsafe oder a strojx miner.....so no problem at all.

Not so far.....

A i7 can get 20MHash/s and a Antminer S4 gives 2 THash/s. So there is a factor 100,000.

In BURST ploting a i7 calculate 20,000 nonces/minute (about 5 Gb/min), if you apply the same factor, the hipotetical BURST ASIC will calculate 0,5 PB/min, an equivlalent in the 4 minutes block time to a 2Pb (15% of actual size).

The cost of the Antminer S4 is 1500$ and consumes 1500W, the cost of 666 3Tb HD (100$ each) is 66,000$ and consumes (8W each) 5300W (and you would need docens of computers).

So, if the price raise and BURST got popularity, ASIC will come, but don´t worry, Bobafett, for then we will drive our own Ferrari without crowdfund the FerrariSharing.

This is a large part of the reason I'm pushing for POC2.

With POC2 we can shorten block times (probably 30 seconds?), which improves the efficiency of HHD vs ASICs since ASICs have a shorter period of time to do the same amount of work.

Plus keep in mind that you plot once then you just pull numbers off the drive.. point being it isn't the i7 doing the having. And keep in mind that most people will use GPUs to plot their drives.

Also not understanding, how did you get Ant miner =666 *3 TB worth of drives?

5gb/min is plotting, which is all 4096 scoops. If you are mining with an asic like that, you have to ditch 4095/4096 of those calculations because they aren't valid. You can't only plot 1 scoop at a time, you need all 4096 to sign with ur burst address.Therefore, the asic just became 4096 times less efficient

[Blago]

@dcct
@smaxer

[bensam1231]

Weird, I just saw block 75887 mine, 75888, 75889, 75888 (fast block), 75890... This mine happened on all of my machines. I'm pretty sure there is something really weird happening with the network right now.

The network is also oscillating between 15PB-23PB every 20 blocks or so.

@dcct
@smaxer

If you refresh the burstcoin.info page, it will show the values from the burstcoin.eu page real fast before it switches to the actual ones.

[Irontiga]

Weird, I just saw block 75887 mine, 75888, 75889, 75888 (fast block), 75890... This mine happened on all of my machines. I'm pretty sure there is something really weird happening with the network right now.

The network is also oscillating between 15PB-23PB every 20 blocks or so.

@dcct
@smaxer

If you refresh the burstcoin.info page, it will show the values from the burstcoin.eu page real fast before it switches to the actual ones.

burstcoin.info?