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

[Irontiga]

It looks like we haven't got much needed attention from investors and supporters...

There is virtually no solid support on the markets ... And trade volume is really low in last 24h.

I don't know if bittrex wallet problems had some impact on it...

Burst is searching for new support line..

I still think this coin has competitive advantage to other alt-coins... but market clearly sees it other way...

Stop crying, we will rise from the ashes. Even if the ashes means 20 satoshi, who cares? Even at current price farms are too profitable.

[Irontiga]

Mister Koko, you have sold close to 600k burst worth of hash. That makes your asset a very big player. So far i have not seen any stats on your asset. Please release some more info, and also, i don't invest for many reasons, but i think a large buy wall would be reassuring. Thanks.

I want a buy wall because your asset has no backing, but a pools fee, which relies on miners, and some cloudmining contracts.

If no-one buys your cloud mining or no-one mines on your pool, well, investors are stuffed.

You may wonder why no-one wants this for uray's pool, well he developed his pool from scratch, and is a highly respected member of the community. With our asset, Hardinvest, i have a 10% buy wall up at 135 burst/each. I think this is fair, especially seeing as the only way for our asset to fail is if burst dies, and then the invested burst would've been useless in any case, as the asset is backed by 10tb of mining power atm. If the pool dies, well there is still revenue.

So no reply and no buy wall, what does that mean?

I know I won't invest, especially seeing as all you do with investor money is use it to gain miners. Once investors stop investing, well the pool dies and investor money is wasted.

[Blago]

Still got problems with mining I got one machine working fine now. However 2nd machine and exct same info getting following errors still.



Any advise and help to solve problem would be good. Thanks in advance

for 2nd machine config file:

{
   "Mode" : "pool",
   "Server" : "IP_your_1st_machine",
   "Port": 8126,
   "UpdaterAddr" : "burstpool.ddns.net",
   "UpdaterPort": 80,
   "EnableProxy": false,
   "Paths":["C:\\plots"],
   "CacheSize" : 200000,
   "ShowMsg" : false ,
   "ShowUpdates" : false,
   "UseSorting" : true,
   "Debug": false,
   "UseResponseMaxTime": false,
   "ResponseMaxTime": 5000,
   "UseFastRcv" : false,
   "SendInterval": 100,
   "UpdateInterval": 2000
}

[jimimcome907620]

Yeah, the bittrex argument never made much sense.

agreed with that.

[snappa4ever]

any update on the development? It would nice if there's roadmap with eta.

[vipervince2002]

Plot Optimizer v1.5 - j6jq fork

I have made some bug fixes since version 1.1 and added a delay feature if your available memory fluctuates with mining.  Read more at the Burst forum located at: https://burstforum.com/index.php?threads/plot-optimizer-v1-5-j6jq.268.

Download Link (includes source code):
http://bitshare.com/?f=otatujkx

[HunterS]

We need more than a whole thread which is just all about mining pools and mining.May a new thread for marketing and PR stuff.

[kendx]

I never saw this coming. I should try this one.

[johncarpe64]

We need more than a whole thread which is just all about mining pools and mining.May a new thread for marketing and PR stuff.

This is a nice idea. Is there any official PR Team ?

[Irontiga]

We need more than a whole thread which is just all about mining pools and mining.May a new thread for marketing and PR stuff.

This is a nice idea. Is there any official PR Team ?

No, but there are plenty people who are willing to spend on pr.

[jadra]

@Uray - I've noticed all day that every hour or two I'll build up 50-100 BURST on the SG pool, only to have my balance reset and never get paid out unless it's a big payout. Did something change or any idea what might cause that? If X amount of blocks are found does the balance reset? Address in sig for reference.

[uray]

@Uray - I've noticed all day that every hour or two I'll build up 50-100 BURST on the SG pool, only to have my balance reset and never get paid out unless it's a big payout. Did something change or any idea what might cause that? If X amount of blocks are found does the balance reset? Address in sig for reference.

its because pool profit is negative, so pool is loosing money at current bitcoin and burst price
it should be no payout at all, its display bug

[uray]

We need more than a whole thread which is just all about mining pools and mining.May a new thread for marketing and PR stuff.

This is a nice idea. Is there any official PR Team ?

No, but there are plenty people who are willing to spend on pr.

https://bitcointalk.org/index.php?topic=825644.0

[jadra]

@Uray - I've noticed all day that every hour or two I'll build up 50-100 BURST on the SG pool, only to have my balance reset and never get paid out unless it's a big payout. Did something change or any idea what might cause that? If X amount of blocks are found does the balance reset? Address in sig for reference.

its because pool profit is negative, so pool is loosing money at current bitcoin and burst price
it should be no payout at all, its bug

Makes sense! Thanks for clarifying.

[uray]

@Uray - I've noticed all day that every hour or two I'll build up 50-100 BURST on the SG pool, only to have my balance reset and never get paid out unless it's a big payout. Did something change or any idea what might cause that? If X amount of blocks are found does the balance reset? Address in sig for reference.

its because pool profit is negative, so pool is loosing money at current bitcoin and burst price
it should be no payout at all, its bug

Makes sense! Thanks for clarifying.

i will move hosting to cheaper one, so we can back to profit again, but again public IP might change, so all miners need to restart their miner if their miner can't auto resolve dns

[Krypt]

if block reward goes down to 1000 burst and people mine on a 500 pb network in four years nobody believes you could buy such cheap 

No, it takes only 41 month from now to go to 1000 BURST per block. It is only 3.4 years, not four !   

[Irontiga]

if block reward goes down to 1000 burst and people mine on a 500 pb network in four years nobody believes you could buy such cheap  

No, it takes only 41 month from now to go to 1000 BURST per block. It is only 3.4 years, not four !  

Yeha, i know, but 500 pb is too low, we go to 1zb

No, we go past that, we go starwars and go to yb

[maxpayne1256]

Stop selling at this shit price...

[unsoindovo]

any update on the development? It would nice if there's roadmap with eta.

Roadmap with eta is in OP page.

[uray]

burstcoin.io US pool update

miners on burstcoin US pool, please restart your miner after block 17160 (if ur miner does not have auto resolve dns)
new Pool IP will be 23.227.167.164 , domain name will be same http://pool.burstcoin.io or http://burst-pool.cryptoport.io  (you might need to flush your dns cache)
i moved pool to new hosting, and i reduced pool fee from 2.5% to 1.5%, so better profit for miners
and pool running cost is reduced 4x cheaper, so BCPT holder would get better profit too
new host hardware is cheaper but faster, so will see performance improvement there

EU and SG pool also will follow the hosting migration, it might take a while because new hosting deployment is a bit complicated