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

[Depredation]

Burst has a really stable price

[paradigmflux]

in the wallet:
left side - assets exchange
top right add asset button (below navbar menu)
enter the asset id of the purchase ( the pool shares)
etc..

I could use some assistance figuring this out as well.
(purchasing shares, how the 'assets' section of the wallet works)
Your Accounting of shares, payouts etc.

thx

BurstMultipool.com was unexpectedly restarted by OVH and offline for a short time - it is back online now.  Please point your miners and help generate buy pressure.  Completely optimized, automated payouts.

I have also set up the startup scripts so in the future restarts by the VPS provider will result in the pool coming right back online

The pool has issued shares for fractional ownership of it.
Dividends will begin once a portion of the shares have sold.
The asset number is 11375670541237055652

I just bought the first share  

Paradigmflux, am I reading that right?

You are selling 5,000,000 shares?  At the current BURST prices that comes out to 16,700 BTC, or $4,932,500.  Seems a bit high, don't ya think?

You will need to produce almost 5 million dollars with your multipool in order for a share to ROI, right?

New to this asset thing, so let me know if I am misunderstanding.

Hey bro,

There are 5000 shares for sale, for 1000 burst per share.  It would take 5,000,000 burst to buy every single share currently for sale.
All BURST raised from selling shares will be used to buy hosted mining hardware which will be pointed back at the BURST multipool and the proceeds from it will be distributed equally amongst the shareholders.
The dividends will never be issued to the asset issuer, so the profits will be split equally among whoever has purchased the shares so far.

I do the same thing for NXT and have paid out nearly 100k NXT back as a dividend already.  It helps create some buy pressure for the coin, and removes the pool's reliance on independant miners by allowing it to actually run some hardware.

I'd like to buy into this!  Can you PM me back with instructions?

Enter the asset number in your wallet.  You can buy there.  (Asset Exchange is on the left-hand side)

Bought some shares!  Hopefully people jump on this quick so we can get some extra mining done

Wait wait. You said that the BURST collected will be used to buy mining hardware.

That implies that you will dump the BURST you receive in order to get btc/USD.

So short term super dump, long term, minimal buy pressure?

So i just issued a asset.. for 1000 burst what did i just do? and how would i buy shares ?

http://wiki.nxtcrypto.org/wiki/Asset_Exchange

come on guys, only 25 shares have sold so far.
we need to raise enough capital to actually buy mining equipment.
if anyone wants to buy shares directly with BTC I can arrange to send you the shares in return for BTC (to save us from having to dump the BURST - we can use the c-cex/poloniex FMV to calculate the conversion)
once we have enough capital to actually acquire some miners we will be able to start paying dividends.

Ill take 5 shares but I have no idea how to do it. Make it simple for me. Keep it to the moron level. PM me or post here I don't care.

Did him accept bitcoin or only nxt ??

These shares are on the BURST AE - not the NXT one.
1000 BURST per share.
I am willing to take BTC, I will just send the appropriate number of shares to the appropriate wallet - PM me.

[Crescendoo]

my mine.bat sometimes crashes and closes itself. Any ideas how to re-run this program automatically after it crashes ?

+ one question. On v2 pool the burst wallet process has to be running while im mining right ? It takes so much RAM :/

[SpeedDemon13]

my mine.bat sometimes crashes and closes itself. Any ideas how to re-run this program automatically after it crashes ?

That would be a nice option to have and hope this will be add in the near future.

[twig123]

my mine.bat sometimes crashes and closes itself. Any ideas how to re-run this program automatically after it crashes ?

That would be a nice option to have and hope this will be add in the near future.

It's already been answered:
Link to Burstforum, as I'm too lazy to search through this thread...

http://burstforum.com/index.php?threads/script-to-restart-miner.57/

[doge94]

I setup a private pool because I was having lots of issues with the public ones. I am in the process of moving my miners over. This is designed for experienced miners only! I will not be providing any support. Credit to uray for open sourcing his pool.

Fees are set at 0.

If you have 2TB+ PM me and I will give you a link.

I'll try your pool

me too

Need more people to join to get the variance down. This pool is much more stable as it is private and running on a very powerful server. Please PM me for info.

[SpeedDemon13]

my mine.bat sometimes crashes and closes itself. Any ideas how to re-run this program automatically after it crashes ?

That would be a nice option to have and hope this will be add in the near future.

It's already been answered:
Link to Burstforum, as I'm too lazy to search through this thread...

http://burstforum.com/index.php?threads/script-to-restart-miner.57/

Thanks for the link for the script....

[IncludeBeer]

I generated plots with the gpu miner of 2TB but when im mining i see deadlines very highs, like billions

With the cpu plot i have deadlines like thousands or milions

is that normal?

No. It's a bug caused by catalyst 14.4 drivers (and higher).
Use 13.12 drivers or try the GPU generator v2.1.0 https://burstforum.com/index.php?threads/gpu-plot-generator.45/page-3#post-471

Has anyone seen this while gpu plotting with Nvidia cards?  It's the "baseTarget" right?  Most of mine are in the range of ~3605519.  This is normal, ya?

[twig123]

I generated plots with the gpu miner of 2TB but when im mining i see deadlines very highs, like billions

With the cpu plot i have deadlines like thousands or milions

is that normal?

No. It's a bug caused by catalyst 14.4 drivers (and higher).
Use 13.12 drivers or try the GPU generator v2.1.0 https://burstforum.com/index.php?threads/gpu-plot-generator.45/page-3#post-471

Has anyone seen this while gpu plotting with Nvidia cards?  It's the "baseTarget" right?  Most of mine are in the range of ~3605519.  This is normal, ya?

They were talking about "Deadline", not "baseTarget".
So, yes, it is normal

[ltcnim]

anyone tried the dcct-miner on a raspberry pi? it looks like it is not able to calculate a correct deadline on the pi, and I only get extremely high deadlines. using the java miner, everything is ok.
I already checked the rpi specs and according to the docs it should be able to handle everything like unsigned long long etc. I was able to compile it without problems, but the results are...well..strange...

[HoldTheLine]

How do I change my passphrase?

[BChydro]

anyone tried the dcct-miner on a raspberry pi? it looks like it is not able to calculate a correct deadline on the pi, and I only get extremely high deadlines. using the java miner, everything is ok.
I already checked the rpi specs and according to the docs it should be able to handle everything like unsigned long long etc. I was able to compile it without problems, but the results are...well..strange...

never used the dcct miner, but do you think the pi has enough ram? The java miner is pretty memory hungry, but maybe it's not the same for the c miner

[paradigmflux]

-

[paradigmflux]

-


BUY SHARES SUPPORT BURST
ASSET ID: 11375670541237055652

we need to sell some more shares to buy equipment
come on guys, you're dumping literally millions of BURST, take a chance and buy some shares

[IMJim]

Sorry, a bit late to the game on this one.

Is this coin still worth mining for someone with around 500 meg hdd space?

Is it difficult to setup this mining?

How many coins can be expected per day with this much space now?

Thanks!

[HoldTheLine]

Sorry, a bit late to the game on this one.

Is this coin still worth mining for someone with around 500 meg hdd space?

Is it difficult to setup this mining?

How many coins can be expected per day with this much space now?

Thanks!

Absolutely not. It wasn't worth mining 3 weeks ago with 500MB.

Just go an buy a few quids worth on C cex.

[BChydro]

How do I change my passphrase?

You can't, your wallet address is generated from your pass phrase. You can however make a new wallet with a new pass phrase by going to http://localhost:8125/ and typing in with the new pass phrase that you want to use (make sure it's super long with random numbers, capitols and punctuation). Careful not to make any typos. Write down the new pass phrase and login. You should see an empty wallet with new account id (wallet address). Copy the new account ID and logout. Log back in with your new pass phrase to make sure you didn't make any typos, if you made a typo the account id will be different from last time, check this!!

Finally log into your old wallet and send all your funds to the new account ID

[paradigmflux]

quids squids lol

[IMJim]

Sorry, a bit late to the game on this one.

Is this coin still worth mining for someone with around 500 meg hdd space?

Is it difficult to setup this mining?

How many coins can be expected per day with this much space now?

Thanks!

Absolutely not. It wasn't worth mining 3 weeks ago with 500MB.

Just go an buy a few quids worth on C cex.

Hey thanks man for your reply, I was kinda getting that feeling reading through some of these pages.  Too bad I missed the start on this one.  Will def grab some off of C-Cex.

Thanks again!

[HoldTheLine]

How do I change my passphrase?

You can't, your wallet address is generated from your pass phrase. You can however make a new wallet with a new pass phrase by going to http://localhost:8125/ and typing in with the new pass phrase that you want to use (make sure it's super long with random numbers, capitols and punctuation). Careful not to make any typos. Write down the new pass phrase and login. You should see an empty wallet with new account id (wallet address). Copy the new account ID and logout. Log back in with your new pass phrase to make sure you didn't make any typos, if you made a typo the account id will be different from last time, check this!!

Finally log into your old wallet and send all your funds to the new account ID

Ah I see. If I generate a new wallet that means that all my plots will be useless though wont it? 8TB is a bit too much to chuck away - but I want a more secure passphrase, didn't know it couldnt be changed when I first started.