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

[yellowduck2]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

The combine GPU power i have is more than 100 times the combine CPU power i have even if GPU plot as fast as CPU

[fanepatent]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

The combine GPU power i have is more than 100 times the combine CPU power i have

I for one have kept a 280x from the mining rig. So... I could say I have enough too.
Dev, GPU plotter is a no go. I repeat, NO GO

[yellowduck2]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

The combine GPU power i have is more than 100 times the combine CPU power i have

I for one have kept a 280x from the mining rig. So... I could say I have enough too.
Dev, GPU plotter is a no go. I repeat, NO GO

I actually enjoy plotting and mining at the same time with CPU.

GPU plotting make the process less fun and perhaps make difficulties double every day

I am sure GPU plotting will phase out many miner who can't catch up with exponential raising of difficulties

If GPU plotting is out , i will buy 100 TB of HDD instead of 10 TB because i can plot faster.

[fanepatent]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

The combine GPU power i have is more than 100 times the combine CPU power i have

I for one have kept a 280x from the mining rig. So... I could say I have enough too.
Dev, GPU plotter is a no go. I repeat, NO GO

I actually enjoy plotting and mining at the same time with CPU.

GPU plotting make the process less fun and perhaps make difficulties double every day

If the dev finishes the GPU plotter and its at least double the speed, xcloudcoin mining pool will have a huge advantage.

[callmejack]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

i posted earlier today that if you run a large farm a gpu plotter wont be a game changer.
a gpu plotter helps only small miners cause they dont have the compute power a farm has.
instead of 15 days plotting a farm starting at 1 pb it may only require 2-5 days at much additional afterwards worthless hardware costs for the gpus.
so anyone who does'nt want a working gpu plotter simply fears that his own plots become less worth compared to new small miners.

[yellowduck2]

any plans for dcct plot generator (windows) ?

[fanepatent]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

i posted earlier today that if you run a large farm a gpu plotter wont be a game changer.
a gpu plotter helps only small miners cause they do'nt have the compute power a farm has.
instead of 15 days plotting a farm starting at 1 pb it may only require 2-5 days at much additional worthless hardware costs for the gpus.
so anyone who does'nt want a working gpu plotter simply fears that his own plots become less worth compared to new small miners.

The entire idea is to stop farms. And those 10 days extra can mean a lot for some of us. GPU plotting will speed up diff. increase. There is no question about it.
I am not saying this in fear, I have an acceptable GPU to plot on.

[yellowduck2]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

i posted earlier today that if you run a large farm a gpu plotter wont be a game changer.
a gpu plotter helps only small miners cause they do'nt have the compute power a farm has.
instead of 15 days plotting a farm starting at 1 pb it may only require 2-5 days at much additional afterwards worthless hardware costs for the gpus.
so anyone who does'nt want a working gpu plotter simply fears that his own plots become less worth compared to new small miners.

How about Chinese mining farm who own 1,000 280x rigs each with couple of 6 TB HDD ?

Or we scale that up to 5,000 280x rigs each with couple of 6 TB HDD ?

It can make a couple of PB a day and that is only 1 Chinese farm.

So , can a guy who purchase 1 TB from newegg compete with his couple of GPU ? By the time he finish plotting, he need to purchase x TB more because the Chinese farm just finish 1 PB.

[fanepatent]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

i posted earlier today that if you run a large farm a gpu plotter wont be a game changer.
a gpu plotter helps only small miners cause they do'nt have the compute power a farm has.
instead of 15 days plotting a farm starting at 1 pb it may only require 2-5 days at much additional afterwards worthless hardware costs for the gpus.
so anyone who does'nt want a working gpu plotter simply fears that his own plots become less worth compared to new small miners.

How about Chinese mining farm who own 1,000 280x rigs each with couple of 6 TB HDD ?

Or we scale that up to 5,000 280x rigs each with couple of 6 TB HDD ?

It can make a couple of PB a day and that is only 1 Chinese farm.

So , can a guy who purchase 1 TB from newegg compete with his couple of GPU ? By the time he finish plotting, he need to purchase x TB more because the Chinese farm just finish 1 PB.

What he said

[yellowduck2]

right now , people are competing with each other but when GPU plotting is out people will compete with huge Chinese farm.

GPU plotter is like a welcome ticket for Chinese farm.

[Amph]

you think that chinese aren't coder? some of them are already coding one gpu plotter,  this will be even worst, because only those farm will plot at faster rate, private code is the worst thing ever in crypto world

[callmejack]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

i posted earlier today that if you run a large farm a gpu plotter wont be a game changer.
a gpu plotter helps only small miners cause they do'nt have the compute power a farm has.
instead of 15 days plotting a farm starting at 1 pb it may only require 2-5 days at much additional afterwards worthless hardware costs for the gpus.
so anyone who does'nt want a working gpu plotter simply fears that his own plots become less worth compared to new small miners.

How about Chinese mining farm who own 1,000 280x rigs each with couple of 6 TB HDD ?

Or we scale that up to 5,000 280x rigs each with couple of 6 TB HDD ?

this is what will happen but for me it makes no difference if they need 5 or 15 days to do so 
on the other hand simply attaching disks to this mining rigs in such scale is not trivial.
you have to stack your disks somehow into a mechanical construction and deal with vibrations.
if you already have the systems up and running and know how to do (usb thumb bootdevice) you should have at least 2-6 free fast sata ports on the boards.
if you stick to 5 tb hdds (most bang for the buck) the network may grow to 50-300 pb within 15 days.
such a amount of hdds (10000 to 60000 @5 watts each) running in one facility complicates things further.
but if the network grows the currently mined 3.6 million coins a day would cost much more than today.
based on the 50$ a tb on a dedicated farm built for burst mining you would have to cover a investment of 2.5-15 million dollar. if someone would do such an invest it would also have a huge impact on the market cap even if he dumps for production costs.

[alphateam]

Do you know why my miner closes automatically after a certain time (like 30-45min)

Someone have the same problem?

[fanepatent]

Asking for two question.

1) Anon, any ETA forma multipool release?
2) BurstCoin dev, any ETA for GPU plotter?

Thank you alla!

We should pause the development of the GPU plotter

what about stopping completely and focus on other development ?

Exactly. Why would you want to make it easier and faster for the mining process to be abused? Leave it be - if someone else makes one down the line fair enough, but don't make one voluntarily.

GPU plotter will be an easy opportunity for the large farms to dump the coin , no need to make things easier for them.

i posted earlier today that if you run a large farm a gpu plotter wont be a game changer.
a gpu plotter helps only small miners cause they do'nt have the compute power a farm has.
instead of 15 days plotting a farm starting at 1 pb it may only require 2-5 days at much additional afterwards worthless hardware costs for the gpus.
so anyone who does'nt want a working gpu plotter simply fears that his own plots become less worth compared to new small miners.

How about Chinese mining farm who own 1,000 280x rigs each with couple of 6 TB HDD ?

Or we scale that up to 5,000 280x rigs each with couple of 6 TB HDD ?

this is what will happen but for me it makes no difference if they need 5 or 15 days to do so  
on the other hand simply attaching disks to this mining rigs in such scale is not trivial.
you have to stack your disks somehow into a mechanical construction and deal with vibrations.
if you already have the systems up and running and know how to do (usb thumb bootdevice) you should have at least 2-6 free fast sata ports on the boards.
if you stick to 5 tb hdds (most bang for the buck) the network may grow to 50-300 pb within 15 days.
such a amount of hdds (10000 to 60000 @5 watts each) running in one facility complicates things further.

Actually its not that complicated. Modern drives don't have that much vibrations. And some rubber bushings can solve that problem.
Also, there are pci-e addapters for 4-6 SATA III ports and also SATA power splitters. A 4 port SATA adapter is $15 on newegg, for how much do you think they are selling one in china
I have 3 pci-e slots. I could fit in 18 drives plus 6 that are on the mobo. So, 24 drives. I got a 850W corsair power supply from my former mining rig that can easily power those drives.
So, in order to fit an extra 18 drives it would cost somewhere around $100, lets just say $150 to be safe plus the cost of the drives.
Again, these prices are retail prices.

Still think its hard to achieve something on a large scale.

[Amph]

you can't dump all those coins, produced with all those drives, there is no volume no buyers, not worth it

this is why nobody in his right mind will do such a thing, the diff will stay the same don't worry

[fanepatent]

you can't dump all those coins, produced with all those drives, there is no volume no buyers, not worth it

this is why nobody in his right mind will do such a thing, the diff will stay the same don't worry

Wanna bet?
The big picture is that this is the first coin with this tech. And as you all learned, others will surely follow. So, investing in such a rig is not a waste. Profitability is great now, service costs are at minimum. The initial investment is much lower than what it was when I first built my GPU mining rig.
If someone has $4000-$5000 right now he can get that back in a little over a week. And then keep the rig for the coins that will follow. Thus having an edge on new coins as well.

[Amph]

you can't even dump half the coins produced per day right now, without crashing every walls, it's stupid

not worth it imho

"if someone invest 5k", i have those ready now, but i would not invest in this, there is a highly chance that the coin die, the volume is too low

[coinits]

Alright, have a v2 pool running at http://178.62.39.204:8121/
The v1 pool will be converted to v2 in a day or 2, but setting up the migration would have delayed this release, and only running that one on v2 could result in a dangerously high portion of network hashrate on one pool, so it's better to split it for now anyway.

Usage:

You will need the pocminer_pool posted previously when the v1 pool was launched: https://mega.co.nz/#!7hwHQJLZ!-waC7CwWeMStkdAwjEVbew1fN_YqeZDRWMWfCylaNPo
Reward reassignment has not been integrated into the wallet gui yet, however an extra html page was included in the 1.0.3 release that you can use. http://localhost:8125/rewardassignment.html
Below where it says set reward recipient, fill in your passphrase, and put the pool's burst- address where it says recipient, and submit. This will have a fee of 1 Burst. It should come up with a page of a bunch of details you won't care about if everything is good.
Once the transaction is in a valid block + 3 confirms, you should be able to use the pool. You can check the users list on the pool to make sure that your numerical account id is there(your generate address)
Edit the pool's ip/port into the run_mine file for pocminer_pool.
Rename or move your passphrases.txt file, since pocminer_pool will try to solo instead if it sees a correct passphrase for those plots.

Starting target deadline is 75k
PPLNS
When your balance hits 500 burst you get paid.

All users who have not upgraded to 1.0.3 are now on a bad fork

V2 Pool allows you to mine with your solo plots. You do NOT have to regenerate plots if you have solo plots. v1 pool users can keep mining without doing anything. the v1 -> v2 migration for v1 pool users will be transparent to them, and not require them to do anything.

I'm mining your pool with two computers. I am using the same setups and same wallet address. Machine one is working as it should but machine two is saying: 'unable to get mining info from wallet' Can someone please help me figure this out. Do I need a separate wallet for each computer that I target at the pool?

[fanepatent]

you can't even dump half the coins produced per day right now, without crashing every walls, it's stupid

not worth it imho

"if someone invest 5k", i have those ready now, but i would not invest in this, there is a highly chance that the coin die, the volume is too low

Yeah, I overreacted with the rig investment there. You are right, if you sell more than 30-40k coins per day you will kill the coin at present trade volume.

[MsCollec]

you can't even dump half the coins produced per day right now, without crashing every walls, it's stupid

not worth it imho

"if someone invest 5k", i have those ready now, but i would not invest in this, there is a highly chance that the coin die, the volume is too low

Yeah, I overreacted with the rig investment there. You are right, if you sell more than 30-40k coins per day you will kill the coin at present trade volume.

I'm mining 80-100K per day and I haven't sold a dime. The coin will grow don't rush it