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

[sirdevil]

it's a bit strange. mining on v2 pool, having shares, but on curent user balance, shows nothing...

[burstcoin]

it's a bit strange. mining on v2 pool, having shares, but on curent user balance, shows nothing...

What account number?

[duncan_idaho]

https://twitter.com/BittrexExchange/status/506903963606605824

[sirdevil]

it's a bit strange. mining on v2 pool, having shares, but on curent user balance, shows nothing...

What account number?

10979493466573385217
switched early in morning from v1 to v2
switched 2 pcs and one is working fine and show the balance, but the second shows nothing

[jzhoulon]

cheap coins is a 200-250 sat. 700-800 - big price

Yes i know that u sell @ 200-250 satoshi and now u are trying to buy some back at 500 ? 600 ? what is your buyorder on c-cex ?

Well he is not wrong with 3.6M coins daily and a total of 2+ Billion coins over 14 months the price is already high. I think the dev should reconsider the total coin amount.

Dump will eventually happen. the thing is 14 month is way too short for 2+ billion. Either change the mining reward or stop it lol I don't know how the coding works exactly but the market will hardly be able to support this much coins in such a short lapse of time.

Theres a reward drop every month. It won't hit total coins for 15 years.

could you post how reward is changing

It's in the first page.. Take a look! 

this should be write clearly in the first page,, i was mistaken that 14 month will mine over,,,,my english is not good, please write clearly, it will take 15 years to mine this coin,, or i think there will a lot of people will mistake it as me..

[burst1002]

Hello,

newbie question: I have done plotting in 5 different machines with the same account. For Pool mining do I have to run Pool mine in 1 machine or in all 5 machine?

[fabula]

Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed

[duncan_idaho]

Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed

For some people who can't read.

Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother)

[Depredation]

Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed

For some people who can't read.

Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother)

Should do 25% or 10% each month  

[SpeedDemon13]

Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed

For some people who can't read.

Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother)

Some people don't read the context well or choose not too. Some think that it meant 14 months that the mining will be over.

Maybe a translation pages for the major languages, other than English, need to be on the to do list for the project.

[Amph]

Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed

For some people who can't read.

Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother)

we are producing 3.6M a day per 420(14 months) = 1.5B coin, the mining will end in 660 days, basically there is no halving lmao

[burstcoin]

it's a bit strange. mining on v2 pool, having shares, but on curent user balance, shows nothing...

What account number?

10979493466573385217
switched early in morning from v1 to v2
switched 2 pcs and one is working fine and show the balance, but the second shows nothing

Did you update the ip in your bat file?

[sirdevil]

it's a bit strange. mining on v2 pool, having shares, but on curent user balance, shows nothing...

What account number?

10979493466573385217
switched early in morning from v1 to v2
switched 2 pcs and one is working fine and show the balance, but the second shows nothing

Did you update the ip in your bat file?

 java -cp pocminer_pool.jar;lib/*;lib/akka/*;lib/jetty/* pocminer_pool.POCMiner mine http://127.0.0.1:8125 http://178.62.39.204:8121

this is mine.bat
in the last 8 minutes already submited more than 5 shares

[xuser]

how can i switch from v1 to v2?

[dzust]

I see very big raise of BURTS but it seems to be "return to normal". How you think ?

[duncan_idaho]

Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed

For some people who can't read.

Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother)

we are producing 3.6M a day per 420(14 months) = 1.5B coin, the mining will end in 660 days, basically there is no halving lmao

Give me your math please. In next month block reward will be 9500, and in november 2015 block reward will be 5000.

[Amph]

I see very big raise of BURTS but it seems to be "return to normal". How you think ?

it was just a pump the one to 1ks+, but we should rise a new floor with that pump

[dcct]

Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed

For some people who can't read.

Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother)

we are producing 3.6M a day per 420(14 months) = 1.5B coin, the mining will end in 660 days, basically there is no halving lmao

Thats not how the client does it.

   @Override
    public long getBlockReward() {
        if(this.height == 0 || this.height >= 1944000) {
                return 0;
        }
        int month = this.height / 10800;
        long reward = BigInteger.valueOf(10000)
                        .multiply(BigInteger.valueOf(95).pow(month))
                        .divide(BigInteger.valueOf(100).pow(month)).longValue() * Constants.ONE_NXT;
    
        return reward;
    }

From block 1944000 on we get no more reward, before that its 10000 * 0.95 ^ (floor(height / 10800))

[Amph]

Deve should cut total amount. 2 billion is too much. This coin si gonna ne big, if che cut the way to moon si guaranteed

For some people who can't read.

Block reward starts at 10,000/block, then decreases 5% each month (similar to halving every 14 months, but much smoother)

we are producing 3.6M a day per 420(14 months) = 1.5B coin, the mining will end in 660 days, basically there is no halving lmao

Thats not how the client does it.

   @Override
    public long getBlockReward() {
        if(this.height == 0 || this.height >= 1944000) {
                return 0;
        }
        int month = this.height / 10800;
        long reward = BigInteger.valueOf(10000)
                        .multiply(BigInteger.valueOf(95).pow(month))
                        .divide(BigInteger.valueOf(100).pow(month)).longValue() * Constants.ONE_NXT;
    
        return reward;
    }

From block 1944000 on we get no more reward, before that its 10000 * (floor(height / 10800)) ^ 0.95

mh, ok i didn't check that, 5% a month is still too low, is asking for dumping

[sirdevil]

it's a bit strange. mining on v2 pool, having shares, but on curent user balance, shows nothing...

What account number?

10979493466573385217
switched early in morning from v1 to v2
switched 2 pcs and one is working fine and show the balance, but the second shows nothing

Did you update the ip in your bat file?

 java -cp pocminer_pool.jar;lib/*;lib/akka/*;lib/jetty/* pocminer_pool.POCMiner mine http://127.0.0.1:8125 http://178.62.39.204:8121

this is mine.bat
in the last 8 minutes already submited more than 5 shares

on v1 made on that pc over 800 coins in 2 hours.
on v2 - made crap.. nothing... so i might go back to v1 if v2 has a bug