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

[fabula]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

You don't need to do this. When people realize that burst dead is cause by themself for spending 24 hours a day mining without buy on market...then it will be too late.
And it will come the question" Burst is delisted from bittrex? Why? Such an innovative coin. I'm buying other 400 TB of HDD".

[AizenSou]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

You don't need to do this. When people realize that burst dead is cause by themself for spending 24 hours a day mining without buy on market...then it will be too late.
And it will come the question" Burst is delisted from bittrex? Why? Such an innovative coin. I'm buying other 400 TB of HDD".

people buying based on speculative value of a coin. Wait a little bit for the coin to mature. Right now only 3BTC needs to keep the current inflation rate. I don't know how much you could spend for this but please continue to dump your BURST if you don't want it anymore. I (and a lot of others) will buy it all

[fabula]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

You don't need to do this. When people realize that burst dead is cause by themself for spending 24 hours a day mining without buy on market...then it will be too late.
And it will come the question" Burst is delisted from bittrex? Why? Such an innovative coin. I'm buying other 400 TB of HDD".

people buying based on speculative value of a coin. Wait a little bit for the coin to mature. Right now only 3BTC needs to keep the current inflation rate. I don't know how much you could spend for this but please continue to dump your BURST if you don't want it anymore. I (and a lot of others) will buy it all

Man,i have bought burst from range 1100 sat - 130 sat. So,if is there one that only buy(and little mine), is me.  
I don't have much time to loose or spend on mining,setting,monitoring etc etc. So i prefer to buy. Sometimes i was right, sometimes not.

[yellowduck2]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

You don't need to do this. When people realize that burst dead is cause by themself for spending 24 hours a day mining without buy on market...then it will be too late.
And it will come the question" Burst is delisted from bittrex? Why? Such an innovative coin. I'm buying other 400 TB of HDD".

people buying based on speculative value of a coin. Wait a little bit for the coin to mature. Right now only 3BTC needs to keep the current inflation rate. I don't know how much you could spend for this but please continue to dump your BURST if you don't want it anymore. I (and a lot of others) will buy it all

i am mining and buying at the same time. My buy order has been sitting there for days without getting filled.

[yellowduck2]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

Therefore , it's importance to get burst listed as many big exchange as possible so that 1 big exchange unlist is not a big deal. If burst can get to bter , crypsty , mintpal, it can do well even if it get unlisted on bittrex or polo

Also, its not hard to prevent coin get unlisted on bittrex. Buying and selling to self can be done within a min or 2 to have at least 0.1 btc volume.

Anyway , we are still a long way getting unlisted.

[AizenSou]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

You don't need to do this. When people realize that burst dead is cause by themself for spending 24 hours a day mining without buy on market...then it will be too late.
And it will come the question" Burst is delisted from bittrex? Why? Such an innovative coin. I'm buying other 400 TB of HDD".

people buying based on speculative value of a coin. Wait a little bit for the coin to mature. Right now only 3BTC needs to keep the current inflation rate. I don't know how much you could spend for this but please continue to dump your BURST if you don't want it anymore. I (and a lot of others) will buy it all

Man,i have bought burst from range 1100 sat - 130 sat. So,if is there one that only buy(and little mine), is me.  
I don't have much time to loose or spend on mining,setting,monitoring etc etc. So i prefer to buy. Sometimes i was right, sometimes not.

Opps. I'm sorry. But don't worry, be patience. I have bought a bunch of DRKs at 0.02BTC price but never worry about it.
Right now BURST marketcap is less than 200BTC and seems to be not in coinmarketcap ATM. If the community could help the dev boosting his work to achieve his roadmap in reliable timeframe, BURST could reach Storj's marketcap, more or less.
 

[yellowduck2]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

You don't need to do this. When people realize that burst dead is cause by themself for spending 24 hours a day mining without buy on market...then it will be too late.
And it will come the question" Burst is delisted from bittrex? Why? Such an innovative coin. I'm buying other 400 TB of HDD".

people buying based on speculative value of a coin. Wait a little bit for the coin to mature. Right now only 3BTC needs to keep the current inflation rate. I don't know how much you could spend for this but please continue to dump your BURST if you don't want it anymore. I (and a lot of others) will buy it all

Man,i have bought burst from range 1100 sat - 130 sat. So,if is there one that only buy(and little mine), is me.  
I don't have much time to loose or spend on mining,setting,monitoring etc etc. So i prefer to buy. Sometimes i was right, sometimes not.

Opps. I'm sorry. But don't worry, be patience. I have bought a bunch of DRKs at 0.02BTC price but never worry about it.
Right now BURST marketcap is less than 200BTC and seems to be not in coinmarketcap ATM. If the community could help the dev boosting his work to achieve his roadmap in reliable timeframe, BURST could reach Storj's marketcap, more or less.
 

yeah. Burst lack marketing. But it's good that it lack marketing at early stage because accumulation is cheaper. I don't want to accumulate burst at 500. Now is the best price. Burst only got its first block reward cut. A good time for marketing could be after 2 or 3 block reward cut.

[bathrobehero]

I plotted with the gpu plotter, using 100GB plots:

gpuplotgenerator.exe generate 0 0 "x:\plots" xxx 2457601 409600 4096 64 2048
gpuplotgenerator.exe generate 0 0 "x:\plots" xxx 2867201 409600 4096 64 2048
gpuplotgenerator.exe generate 0 0 "x:\plots" xxx 3276801 409600 4096 64 2048
gpuplotgenerator.exe generate 0 0 "x:\plots" xxx 3686401 409600 4096 64 2048

But with burst-miner I get different nonce amounts:

plot read done. xxx_2457601_409600_4096 299008 nonces
plot read done. xxx_2867201_409600_4096 327680 nonces
plot read done. xxx_3276801_409600_4096 348160 nonces
plot read done. xxx_3686401_409600_4096 319488 nonces


What am I missing here?

[AizenSou]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

You don't need to do this. When people realize that burst dead is cause by themself for spending 24 hours a day mining without buy on market...then it will be too late.
And it will come the question" Burst is delisted from bittrex? Why? Such an innovative coin. I'm buying other 400 TB of HDD".

people buying based on speculative value of a coin. Wait a little bit for the coin to mature. Right now only 3BTC needs to keep the current inflation rate. I don't know how much you could spend for this but please continue to dump your BURST if you don't want it anymore. I (and a lot of others) will buy it all

Man,i have bought burst from range 1100 sat - 130 sat. So,if is there one that only buy(and little mine), is me.  
I don't have much time to loose or spend on mining,setting,monitoring etc etc. So i prefer to buy. Sometimes i was right, sometimes not.

Opps. I'm sorry. But don't worry, be patience. I have bought a bunch of DRKs at 0.02BTC price but never worry about it.
Right now BURST marketcap is less than 200BTC and seems to be not in coinmarketcap ATM. If the community could help the dev boosting his work to achieve his roadmap in reliable timeframe, BURST could reach Storj's marketcap, more or less.
 

yeah. Burst lack marketing. But it's good that it lack marketing at early stage because accumulation is cheaper. I don't want to accumulate burst at 500. Now is the best price. Burst only got its first block reward cut. A good time for marketing could be after 2 or 3 block reward cut.

Yes. People just give too high expectation with a 6 weeks old coin. We don't want another PnD coin. BURST is longterm.
PS: I want to see my wallet in top 10 first then we could push the PR work

[yellowduck2]

do more exchange on these exchange platform, just sell and buy back to myself to keep the exchange alive , to avoid the low vol, if burst be delisted by one of any exchange, then burst's game is over. And it seems that xcloudcoin'dev claimed that they don't mine burst anymore, i think the price now is bottom,now can only mine 350 burst/TB/day, not much

You don't need to do this. When people realize that burst dead is cause by themself for spending 24 hours a day mining without buy on market...then it will be too late.
And it will come the question" Burst is delisted from bittrex? Why? Such an innovative coin. I'm buying other 400 TB of HDD".

people buying based on speculative value of a coin. Wait a little bit for the coin to mature. Right now only 3BTC needs to keep the current inflation rate. I don't know how much you could spend for this but please continue to dump your BURST if you don't want it anymore. I (and a lot of others) will buy it all

Man,i have bought burst from range 1100 sat - 130 sat. So,if is there one that only buy(and little mine), is me.  
I don't have much time to loose or spend on mining,setting,monitoring etc etc. So i prefer to buy. Sometimes i was right, sometimes not.

Opps. I'm sorry. But don't worry, be patience. I have bought a bunch of DRKs at 0.02BTC price but never worry about it.
Right now BURST marketcap is less than 200BTC and seems to be not in coinmarketcap ATM. If the community could help the dev boosting his work to achieve his roadmap in reliable timeframe, BURST could reach Storj's marketcap, more or less.
 

yeah. Burst lack marketing. But it's good that it lack marketing at early stage because accumulation is cheaper. I don't want to accumulate burst at 500. Now is the best price. Burst only got its first block reward cut. A good time for marketing could be after 2 or 3 block reward cut.

Yes. People just give too high expectation with a 6 weeks old coin. We don't want another PnD coin. BURST is longterm.
PS: I want to see my wallet in top 10 first then we could push the PR work

moreover, burst only got basic feature right now. Once the advance feature goes online , that is the best time for marketing.

[burstcoin]

Escrow transaction backend code is about done. Seems to work, but has only been tested on one computer so far.

[Blago]

I plotted with the gpu plotter, using 100GB plots:

gpuplotgenerator.exe generate 0 0 "x:\plots" xxx 2457601 409600 4096 64 2048
gpuplotgenerator.exe generate 0 0 "x:\plots" xxx 2867201 409600 4096 64 2048
gpuplotgenerator.exe generate 0 0 "x:\plots" xxx 3276801 409600 4096 64 2048
gpuplotgenerator.exe generate 0 0 "x:\plots" xxx 3686401 409600 4096 64 2048

But with burst-miner I get different nonce amounts:

plot read done. xxx_2457601_409600_4096 299008 nonces
plot read done. xxx_2867201_409600_4096 327680 nonces
plot read done. xxx_3276801_409600_4096 348160 nonces
plot read done. xxx_3686401_409600_4096 319488 nonces


What am I missing here?

bug in miner?

[fabula]

Escrow transaction backend code is about done. Seems to work, but has only been tested on one computer so far.

Great news! we have to rewteet this new!

[AizenSou]

Escrow transaction backend code is about done. Seems to work, but has only been tested on one computer so far.

Amazing. One of the best dev in cryptoworld. No fancy stuffs, no broken promises. Only deliver.

[vaxman]

one million dollar can buy 12-15 pb space depending on the infastructure. running costs about 500$ a day.
so the current 7-8 pb networksize would roughly cost 500.000$ and 250$ a day.
on this scale plotting can be done on the storagenodes themselve and maybe a bit speeded up with some gpu plotters within 1-2 weeks after deployment.

Assuming my $100M estimate for bitcoin is correct, that means that a correspondingly secure burst network would have about 1200-1500pb.  So the question is how much energy that much storage would consume.

Personally, I think 1200-1500 pb is on the low side. Consumer prices are ~$33/tb. So $100m could buy a total of 3000pb of space at that price.

As far as energy consumption, I think it's fair to ignore the cost of running the computer that the storage is attached to. Mining that takes place on end-user's desktop computers aren't using any extra energy to keep the computer on (other than the energy of the hard drive itself), and large mining operations will likely be able to be pretty efficient with their operations, with one computer powering many hard drives.

Estimates vary, but it seems that the average power consumption for a single hard drive is about 7-13 watts. They can consume more when under heavy load, but mining will typically be very low load, with only a few reads every 4 minutes (especially if the plot files are optimized with a large stagger size). So, I think it's safe to say burst mining will be on the low end, and only consume 7 watts per drive.

Let's assume the entire 3000pb network is powered by a million 3 TB drives. This makes the entire power consumption for a burst mining network with $100m in capital equal to 7 million watts.

Let's compare this to bitcoin. I'm going to use figures from the bitcoinMining hardware comparison wiki page. For the sake of easy math, let's assume that the entire bitcoin mining network is powered by AntMiner S3's. These cost $382 each, so $100m could theoretically buy 261780 AntMiner S3's. Each S3 consumes 340 watts, which would put the entire network's energy consumption at 89 million watts.

This is all just back-of-the-napkin math, but it shows pretty clearly that burst is significantly more energy efficient per dollar of capital than typical proof-of-work mining. Ultimately, it comes down to the dollars per watt that the main mining instrument consumes. Bitcoin miners (ASICs) tend to consume about 1 watts per dollar, whereas burstcoin mining equipment (hard drives) only consume 0.1 watts per dollar.

Also, I think burst mining can be further optimized for energy consumption due to the nature of the mining algorithm that only requires reading once per block. Imagine an advanced mining setup with 4096 hard drives. The plots could be specially arranged such that the miner would only have to read from one drive per block. This would allow the miner to leave all the hard drives completely unpowered the majority of the time. This setup would consume something like a 1/4096th of the power of a traditional setup. That brings the watts/dollar figure for burst down to only 0.000024414. This more optimized mining method is 40,000 times more energy efficient than typical PoW mining.

You cannot take the host running the miner software out of the equation.
And you cannot spin-down and spin-up a drive 360 times a day, consumer drives are not built for that.

But I agree on the energy-efficiency of hard-disks compared to ASIC mining;
If the plot files are laid out optimally, the disk duty cycle is 10-15 seconds per 240 second-block ~ 6%
Lower-end disks (like WD Green/Red) consume 3,5 Watt idle, 5,5 Watt under load => 23 kWh / annum with 6% duty cycle

Depending on various design decisions regarding the machine hosting the disks, the price to run a TiB for a year is at the very least 65 USD/year incl. energy and investment needed.

And this is the consumer low-end, if you are thinking of running a few racks (read: PiB) and don't want to employ staff to resuscitate failed components daily, this number can easily be in the lower hundreds. If you think of a proper monitoring..but you'd need software ppl for that.

In real life I am managing a petabyte-sized renderfarm, and storage alone at this scale is not easy.
Mining Burst is nice because fails gracefully - when a few disks or processes go down, the rest keeps on mining.

[yellowduck2]

Escrow transaction backend code is about done. Seems to work, but has only been tested on one computer so far.

Normally announcement like this comes with Big red letters and fancy graphics.

Perhaps if possible , make an infographics to show how to use the escrow.

[cptfisher]

hello every one if some one wants to really invest in burst i can offer from 150tb up to 3 PETABYTES

i am  myself using 750 TB so far , i am in top 10 of minted blocks and im one of the most powerful miner

contact me in pm for info and prices, here are some screens


PS , DONT WORRY ABOUT PLOTTING TIME , IT WILL TAKE 3 DAYS approximately to plot , after plotting  u can mine also cpu coins , the more the cloud is bigger the more is profitable. ( i aproximately mine monero @ 35 xmr in day + burst +BSTY around 12000 in day )

[yellowduck2]

In real life I am managing a petabyte-sized renderfarm, and storage alone at this scale is not easy.

According to your experience , what would be the typical life span of a HDD mining burst (for example , WD green 3 TB) ? And if it's less than a year , would a HDD that mine burst be able to RMA ?

[ltcnim]

Hey, my "Gaming/Working"-PC runs 24/7 with a single 6TB HDD and this uses a lot of engergy.
Does someone use a Raspberry pi, i have a B+ laying around, but it´s my first rasp i ever had.

Not shure on wich image it would run, is it possible?

Yes, it'll work, only needs java....although it'll take ages to read plots....i don't think it'll even manage to read all of them....and it's usb 2 ....so true answer is no, not with 6tb. You need more RAM and usb3 or eSata

I'm using a CubieTruck (also ARMv6) with a custom build of the dcct pool miner. The CubieTruck has a S-ATA connector (you also need a small addon board for 3.5" HDD) and it works ok. But I only have about 1.3TB connected to it. Yes, it is a lot slower than a 64BIT x86 CPU (need to check if the ARM Shabal code can be optimized), but I'd say 70-80% of the time it's able to completely read the plot files. Only very fast rounds are a problem. 6TB would be too much I guess, but for a small HDD it's ok.

I can't wait for the new CB8 with the A80 CPU, this should speed things up a lot!

[soronto]

In real life I am managing a petabyte-sized renderfarm, and storage alone at this scale is not easy.

According to your experience , what would be the typical life span of a HDD mining burst (for example , WD green 3 TB) ? And if it's less than a year , would a HDD that mine burst be able to RMA ?

HDD mining = reading data from HDD = normal using HDD. You can send it to RMA anytime (under warranty).