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Author Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000  (Read 2170605 times)
crazyearner
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November 12, 2014, 11:00:12 PM
 #14801

I have latest version installed 1.1.5 Getting following error

Warning: You are most likely on a fork (you have forged the last 10 blocks).

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November 13, 2014, 12:26:29 AM
 #14802

 i need burst tagline for our burst web wallet lockscreen at https://burstcoin.io



it seems that "an energy efficient cryptocurrency" is not really fit, because PoS coins actually use less energy, and "HDD mined cryptocurrency" is too technical, i believe burst innovation is more than HDD mined, its a lot more, we need a tagline that describe its uniqness, features, technologies to target not only technical people but all cryptofinance user

if you have any idea please post on this thread...
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November 13, 2014, 12:37:40 AM
 #14803

I'm thinking of mining Burst. I have a 4tb WD cloud network drive. Can this drive be used, or do I need a regular HDD right off the MB?
I've tried searching, but 748 pages is a long read.
Thanks Smiley

It doesn't matter where the files are stored if they can be read fast enough. For 4 tb you'll need to read approximately 1 gb per block.
If read speed is 10 mb/s, files will be read in ~100 s. As many blocks are found faster than that, miner will be able to use only part of plotted space on these short blocks.

Would be nice to have an FAQ on the website, and this would be a good question to add to it!

should we use uservoice.com or answerhub.com for burst ? it has question and answer like stackoverflow.com
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November 13, 2014, 12:59:24 AM
 #14804

Uray, is the burstcoin.io web wallet as secure to use remotely as my local web wallet is?  I would love to check my wallet while on the road away from my local computer with this but I never saw a solid answer to whether this is secure enough for my wallet password.

Thanks...
majere
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November 13, 2014, 01:33:22 AM
 #14805

Uray, is the burstcoin.io web wallet as secure to use remotely as my local web wallet is?  I would love to check my wallet while on the road away from my local computer with this but I never saw a solid answer to whether this is secure enough for my wallet password.

Thanks...

It's less secure than using a local wallet, even if you trust website owner and SSL is setup properly etc. The website can be hacked, and it's more likely to become a target of hackers once becoming popular. If you only want to check the balance, this can be done without submitting the passphrase.
NOjust
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November 13, 2014, 02:07:30 AM
 #14806

Uray, is the burstcoin.io web wallet as secure to use remotely as my local web wallet is?  I would love to check my wallet while on the road away from my local computer with this but I never saw a solid answer to whether this is secure enough for my wallet password.

Thanks...
BURST still alive ?
long time not to check here.

Irontiga
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November 13, 2014, 02:09:12 AM
 #14807

Uray, is the burstcoin.io web wallet as secure to use remotely as my local web wallet is?  I would love to check my wallet while on the road away from my local computer with this but I never saw a solid answer to whether this is secure enough for my wallet password.

Thanks...
BURST still alive ?
long time not to check here.

Wow, bro, neever been more alive!!! 250k market cap!!
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November 13, 2014, 02:39:44 AM
 #14808

Uray, is the burstcoin.io web wallet as secure to use remotely as my local web wallet is?  I would love to check my wallet while on the road away from my local computer with this but I never saw a solid answer to whether this is secure enough for my wallet password.

Thanks...
BURST still alive ?
long time not to check here.

Wow, bro, neever been more alive!!! 250k market cap!!
thanks, it seems right for me not to sell it.

mczarnek
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November 13, 2014, 04:00:01 AM
 #14809

I'm thinking about approaching Sea Gate or WesternDigital or some similar company about sponsoring Burst Coin, what do you think?

Think about it, Bitcoin miners have probably sold $1/2 billion in ASICs?  Ask a hard drive manufacturer if he's willing to spend maybe $100,000 a year in order to be called our official sponsor and get an ad on the homepage, which will help us get this coin seriously off the ground, and drive hard drive sales his way.. you may be able to convince one or two.  We've already got ~ 1 million dollars worth of hard-drives mining for the network... now imagine we had a little bit of money.

Or would the crypto currency community be turned off by sponsorship?  I think worth it to get that money and try to hire a few full time developers with it. We could help them set up a mining pool as well or something.

What do you guys think? Should I write a letter to either Western Digital or Seagate?  Anyone want to help me write it?

Anything that particularly needs to be cleaned up before being ready to show to them?

i need burst tagline for our burst web wallet lockscreen at https://burstcoin.io

it seems that "an energy efficient cryptocurrency" is not really fit, because PoS coins actually use less energy, and "HDD mined cryptocurrency" is too technical, i believe burst innovation is more than HDD mined, its a lot more, we need a tagline that describe its uniqness, features, technologies to target not only technical people but all cryptofinance user

if you have any idea please post on this thread...

It is Energy efficient.. once set-up, we barely use any more energy than PoS.  Especially if we could get one small addition to the code that I assume doesn't exist now.  If using an external, or non-primary hard drive to mine, allow switching it off when not in use.  Then what each miner turns on a couple times a day for a few seconds, mines, determines the next deadline, then turns off until approximately that time?  Seems quite energy efficient to me.

I think the advantages are:
Energy Efficient
ASIC resistant
Blockchain Trimmable  (this to me is the huge advantage over Nxt.. the one developer claims he's figured out how.. I say it's impossible though. Of course he's claiming he may add Proof of Work to the equation to do this.. and there goes their energy efficiency. Maybe best to implement this first before bragging about it though)
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November 13, 2014, 04:24:22 AM
 #14810

one feature that has some long term implications for burst is dynamic plots.  lets say I have a 1TB HDD.  i'd like to be able to say use 90% of available space for a plot file, so that as I use up my disk for personal needs, the plot dynamically backs off.  the disk space will never be "wasted" and it can mine it a little bit against a pool.  this would put burst on most disks out there.  there's far more unused storage on people's C drive than on extra purchased disks.  then as crypto currencies become common place, it's not far fetched to imagine burst shipping pre-installed on consumer PCs, laptops and other devices etc.
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November 13, 2014, 05:09:34 AM
 #14811

A quick update to investors & not

Burst Long Term Price Support project

You may wonder if Nevril (myself) is so idiot to spend your invested Bitcoins in qASICs now that its value is raising like a rocket...
The answer is no. Don't worry, I'm going to squeeze the highest hashing power possible out of them!

Good move!
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November 13, 2014, 05:22:14 AM
 #14812

one feature that has some long term implications for burst is dynamic plots.  lets say I have a 1TB HDD.  i'd like to be able to say use 90% of available space for a plot file, so that as I use up my disk for personal needs, the plot dynamically backs off.  the disk space will never be "wasted" and it can mine it a little bit against a pool.  this would put burst on most disks out there.  there's far more unused storage on people's C drive than on extra purchased disks.  then as crypto currencies become common place, it's not far fetched to imagine burst shipping pre-installed on consumer PCs, laptops and other devices etc.

I agree this is an excellent idea.

Couple issues, would the company selling the hard drive have to know the private key, in order to generate the public key used for generating the plot file?

Something I'd like to see is what percentage of the CPU would Burst be using to process transactions and check blocks and that kind of thing?

For that matter, maybe there could even be a specific chip in a computer dedicate to processing the blockchain, separate from the CPU and graphics card.  Would only really work in non-ASIC cryptos in my opinion.. which makes Burst perfect, especially with a dynamic plot as you are suggesting.

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Irontiga
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November 13, 2014, 05:42:22 AM
 #14813

one feature that has some long term implications for burst is dynamic plots.  lets say I have a 1TB HDD.  i'd like to be able to say use 90% of available space for a plot file, so that as I use up my disk for personal needs, the plot dynamically backs off.  the disk space will never be "wasted" and it can mine it a little bit against a pool.  this would put burst on most disks out there.  there's far more unused storage on people's C drive than on extra purchased disks.  then as crypto currencies become common place, it's not far fetched to imagine burst shipping pre-installed on consumer PCs, laptops and other devices etc.

I agree this is an excellent idea.

Couple issues, would the company selling the hard drive have to know the private key, in order to generate the public key used for generating the plot file?

Something I'd like to see is what percentage of the CPU would Burst be using to process transactions and check blocks and that kind of thing?

For that matter, maybe there could even be a specific chip in a computer dedicate to processing the blockchain, separate from the CPU and graphics card.  Would only really work in non-ASIC cryptos in my opinion.. which makes Burst perfect, especially with a dynamic plot as you are suggesting.

No, a plot is linked to your numeric account id. The pass phrase is only required to sign nonces while mining. It would be cool to buy hdd's pre plotted with the hdd manufacturers great miner Cheesy
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November 13, 2014, 05:53:52 AM
 #14814

Wow, BURST is doing amazing.  We are up big time in the last week, while most other alt coins are dropping ( https://www.cryptocoinsnews.com/bitcoin-price-explosion-leads-altcoin-price-drop/ ).  You have to consider that not only has BURST nearly doubled in value, we are holding tight against a major Bitcoin upswing.  I am definitely glad I have been in to this awesome coin since almost the beginning. Great dev(s), excellent community, solid technology - this has been a lot of fun!

Oh yea, BURST is still the only coin that allows you to enter the crypto market with HDD space.  WINNING!

What is this "Bitcoin" of which you speak???
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November 13, 2014, 05:59:08 AM
 #14815

Oh yea, and I hit 4 blocks today solo-mining with around 30TB.  Equivalent of .06BTC or $26 at current prices. That makes me very happy...

What is this "Bitcoin" of which you speak???
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November 13, 2014, 06:06:19 AM
 #14816

Oh yea, and I hit 4 blocks today solo-mining with around 30TB.  Equivalent of .06BTC or $26 at current prices. That makes me very happy...

Profitable at 60 satoshi. We really need to up the net diff!!!
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November 13, 2014, 06:12:23 AM
 #14817

Oh yea, and I hit 4 blocks today solo-mining with around 30TB.  Equivalent of .06BTC or $26 at current prices. That makes me very happy...

Profitable at 60 satoshi. We really need to up the net diff!!!

hmmm  As much as I would love to be able to justify buying a gross of 6 tb drives... Cheesy

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November 13, 2014, 06:58:12 AM
 #14818

getting very good payout @ http://cryptomining.farm i suggest u guys check it out. I have been mining there for many weeks.
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November 13, 2014, 07:01:02 AM
 #14819

getting very good payout @ http://cryptomining.farm i suggest u guys check it out. I have been mining there for many weeks.

OR,

500 miners and he bribes people with his hash assets money....the asset without buy support, and a rip off price... there will never be roi.

Then when all investors find out they *try* to sell, but can't, cause the money diappeared, and the pool dies.

Sorry, but i feel sorry for investors
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November 13, 2014, 07:02:40 AM
 #14820

Whats wrong again with uray burst-pool3? It does not respond.

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