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

[neite99]

Sorry for yet another question, but with my 8x3TB drives that are not in JBOD or RAID0 but just singles, how do I get all of them to mine?  Do I run multiple mining instances?

Yes. One for each drive

The miner uses the plot folder that is in the same directory. So if you fill each plot folder with plots you need to run the miner for each one.

[BChydro]

I'll pitch in 25k burst for a multipool.

Oh nice that's what I'm talking about!

So we are up to 30k for the multipool

5k more from me

[AnonymousEconomist]

I'll pitch in 25k burst for a multipool.

Oh nice that's what I'm talking about!

So we are up to 30k for the multipool

5k more from me

Nice.

Hey dev! Can you put this 35k multi pool bounty in the OP?

[jzhoulon]

why one of my computer mines the 6292 block while other mines the 6296, last night they mined the same block, but now one computer falls behind , is that normal?

[burstcoin]

I'll pitch in 25k burst for a multipool.

Oh nice that's what I'm talking about!

So we are up to 30k for the multipool

5k more from me

Nice.

Hey dev! Can you put this 35k multi pool bounty in the OP?

If you want to keep the running total in a post, I'll link to there.

Put me down for 15k also.

[AnonymousEconomist]

I'll pitch in 25k burst for a multipool.

Oh nice that's what I'm talking about!

So we are up to 30k for the multipool

5k more from me

Nice.

Hey dev! Can you put this 35k multi pool bounty in the OP?

If you want to keep the running total in a post, I'll link to there.

Put me down for 15k also.

Done! Current bounty is 50k, 5 entire blocks worth!

https://bitcointalk.org/index.php?topic=760883.new#new

[Prototyp]

+ 10k Burst from me.

@ Burstdev Can we Donate for a Homepage? I think that would be important to attract more investors and also for a larger exchange. Many do not want to buy on c-cex.

[AnonymousEconomist]

+ 10k Burst from me.

@ Burstdev Can we Donate for a Homepage? I think that would be important to attract more investors and also for a larger echange. Many do not want to buy on c-cex.

Thank you, OP updated

[Sglasio]

it makes sense to 6Tb mining at solo?

[Prototyp]

With 6Tb your can find Block without a pool, but the diff increases.

[timk225]

With nearly 2 PETABYTES on this coin already, 2000 Terabytes, maybe the time to buy more hard drives is over.  I've been trying to get a good deal on hard drives on ebay for 2 days, but no one has my financial interests as first place in their minds.  $30 per TB is about as cheap as it gets.

So as someone wrote earlier, at 1800 TB and 1 TB getting a block every 3.16 days, then when the difficulty soon reaches 2000 TB you can expect a block every 3-1/2 days mining solo.

So even if I were to buy 10 TB worth of drives I'd be out a few hundred dollars, and with little chance of making it back, much less a profit.

Now I'm kind of glad no one took one of my offers.

[AnonymousEconomist]

With nearly 2 PETABYTES on this coin already, 2000 Terabytes, maybe the time to buy more hard drives is over.  I've been trying to get a good deal on hard drives on ebay for 2 days, but no one has my financial interests as first place in their minds.  $30 per TB is about as cheap as it gets.

So as someone wrote earlier, at 1800 TB and 1 TB getting a block every 3.16 days, then when the difficulty soon reaches 2000 TB you can expect a block every 3-1/2 days mining solo.

So even if I were to buy 10 TB worth of drives I'd be out a few hundred dollars, and with little chance of making it back, much less a profit.

Now I'm kind of glad no one took one of my offers.

And when this multi pool goes up...

We will see something we have never seen!

[timk225]

What?  Rising difficulty like Bitcoin?

[gagalady]

With nearly 2 PETABYTES on this coin already, 2000 Terabytes, maybe the time to buy more hard drives is over.  I've been trying to get a good deal on hard drives on ebay for 2 days, but no one has my financial interests as first place in their minds.  $30 per TB is about as cheap as it gets.

So as someone wrote earlier, at 1800 TB and 1 TB getting a block every 3.16 days, then when the difficulty soon reaches 2000 TB you can expect a block every 3-1/2 days mining solo.

So even if I were to buy 10 TB worth of drives I'd be out a few hundred dollars, and with little chance of making it back, much less a profit.

Now I'm kind of glad no one took one of my offers.

And when this multi pool goes up...

We will see something we have never seen!

This will definitely help the coin value to grow. Nice work!

[iscal]

6331-6332 

[jzhoulon]

With nearly 2 PETABYTES on this coin already, 2000 Terabytes, maybe the time to buy more hard drives is over.  I've been trying to get a good deal on hard drives on ebay for 2 days, but no one has my financial interests as first place in their minds.  $30 per TB is about as cheap as it gets.

So as someone wrote earlier, at 1800 TB and 1 TB getting a block every 3.16 days, then when the difficulty soon reaches 2000 TB you can expect a block every 3-1/2 days mining solo.

So even if I were to buy 10 TB worth of drives I'd be out a few hundred dollars, and with little chance of making it back, much less a profit.

Now I'm kind of glad no one took one of my offers.

And when this multi pool goes up...

We will see something we have never seen!

This will definitely help the coin value to grow. Nice work!

the difficulty will raise more with the pool , like , if 1000Tb in the pool , 1 tb can only get 10 burst /block. if 2000Tb, then can get 5 burst /block/TB, but i 'd glad that difficulty continue growing, because the value of coin will increase

[jamoes]

With nearly 2 PETABYTES on this coin already, 2000 Terabytes, maybe the time to buy more hard drives is over.  I've been trying to get a good deal on hard drives on ebay for 2 days, but no one has my financial interests as first place in their minds.  $30 per TB is about as cheap as it gets.

So as someone wrote earlier, at 1800 TB and 1 TB getting a block every 3.16 days, then when the difficulty soon reaches 2000 TB you can expect a block every 3-1/2 days mining solo.

So even if I were to buy 10 TB worth of drives I'd be out a few hundred dollars, and with little chance of making it back, much less a profit.

Now I'm kind of glad no one took one of my offers.

Assuming the network is currently 1800 TB, then I think you'd make back your $300 investment in 10 TB of hardrive space within about 12 days.

As soon as you have the plots written to the drives, you'll have 10/1810 of the network (0.55%). The means you'll mine 19889.5 BURST per day (10/1810 * 3.6 million). At the current exchange rate of 250 satoshi's per BURST and $500/BTC, that's $24.86 per day. It'll take you 12 days to recoup your initial investment, and after that it's all profit.

This is just an estimate because it's assuming price and difficulty don't change, which I'm sure won't be the case.

[alphateam]

Sorry for yet another question, but with my 8x3TB drives that are not in JBOD or RAID0 but just singles, how do I get all of them to mine?  Do I run multiple mining instances?

Yes. One for each drive

The miner uses the plot folder that is in the same directory. So if you fill each plot folder with plots you need to run the miner for each one.

I jump on this question.

Ok for one instance for each one, and what about the wallet, need to put it in each drive too?

[jzhoulon]

With nearly 2 PETABYTES on this coin already, 2000 Terabytes, maybe the time to buy more hard drives is over.  I've been trying to get a good deal on hard drives on ebay for 2 days, but no one has my financial interests as first place in their minds.  $30 per TB is about as cheap as it gets.

So as someone wrote earlier, at 1800 TB and 1 TB getting a block every 3.16 days, then when the difficulty soon reaches 2000 TB you can expect a block every 3-1/2 days mining solo.

So even if I were to buy 10 TB worth of drives I'd be out a few hundred dollars, and with little chance of making it back, much less a profit.

Now I'm kind of glad no one took one of my offers.

Assuming the network is currently 1800 TB, then I think you'd make back your $300 investment in 10 TB of hardrive space within about 12 days.

As soon as you have the plots written to the drives, you'll have 10/1810 of the network (0.55%). The means you'll mine 19889.5 BURST per day (10/1810 * 3.6 million). At the current exchange rate of 250 satoshi's per BURST and $500/BTC, that's $24.86 per day. It'll take you 12 days to recoup your initial investment, and after that it's all profit.

This is just an estimate because it's assuming price and difficulty don't change, which I'm sure won't be the case.

all of your assumption is based the difficulty not raise,,,12days! this coin is only 20days out, and difficulty is raising all the time,look back 12days, now is several times of before, and with the price of burst increase, more and more people will mine this coin, the difficulty should raise more faster than before

[Prototyp]

Sorry for yet another question, but with my 8x3TB drives that are not in JBOD or RAID0 but just singles, how do I get all of them to mine?  Do I run multiple mining instances?

Yes. One for each drive

The miner uses the plot folder that is in the same directory. So if you fill each plot folder with plots you need to run the miner for each one.

I jump on this question.

Ok for one instance for each one, and what about the wallet, need to put it in each drive too?

No your can  use one central Wallet for all plots but your must open it in the config /burst/conf .Under API Server change the local IP.