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

[yellowduck2]

magnetic data storage capacity is doubling every 18 months, if someone has a better chart please provide, for example more data center (cloud) centric forecast etc

And burst block halving happen every 14 months.

So we have increasing difficulty and decreasing block reward.

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[q327K091]

Looks like the network size has dropped 55% in the past 3 days. Currently running around 5.8 PB while we where over 13 just a few days ago. Lets see if the difficulty drops. In combination with the price climbing this morning, its looking pretty good for us small time miners

network capacity is "oscillating" (with spikes up to 16 T) in a chaotic pattern with no direct correlation to time of day, one can not predict when capacity is low and when it is high, if one could one could optimize mining to a degree...

it is also wild that while everything is going down in the crypto market BURST is going up

[yellowduck2]

BURST might be one of the KEY developments in crypto since blockchain innovation by bitcoin, I still can not wrap my head around on technology impact of using storage for proof of hash, it is between us, one crazy wild idea that might just work, that no one is selling I am not surprised

Burst is not just about HDD mining , it has asset management feature and a whole lot more coming soon. Ask the developer for more info !

[q327K091]

BURST might be one of the KEY developments in crypto since blockchain innovation by bitcoin, I still can not wrap my head around on technology impact of using storage for proof of hash, it is between us, one crazy wild idea that might just work, that no one is selling I am not surprised

Burst is not just about HDD mining , it has asset management feature and a whole lot more coming soon. Ask the developer for more info !

no, I understand I attempted to purchase asset for profit share in one of the major pools here, but asking price is too high and cutting on the edge of profitability/exchange price and hardware costs, noticed someone bought 51% of total of that asset, getting something like 100K BURST's in a single payout

[yellowduck2]

Looks like the network size has dropped 55% in the past 3 days. Currently running around 5.8 PB while we where over 13 just a few days ago. Lets see if the difficulty drops. In combination with the price climbing this morning, its looking pretty good for us small time miners

Difficulty doesn't go in a smooth curve. The difficulty adjustment is design in such a way that big spikes are common.

[q327K091]

Looks like the network size has dropped 55% in the past 3 days. Currently running around 5.8 PB while we where over 13 just a few days ago. Lets see if the difficulty drops. In combination with the price climbing this morning, its looking pretty good for us small time miners

Difficulty doesn't go in a smooth curve. The difficulty adjustment is design in such a way that big spikes are common.

rather incredibly smart design as the person said before it gives a chance for small time accumulation and distribution something self am big on in crypto in general (for long term success and duration)

also found recent pool bonus structure and subsequent payouts spanning many accounts to be an excellent strategy for pool owners/asset owners and miners of course.. it is all going excellent, there is top level accumulation (in millions of BURST) but number of accounts in general with strong holding has grown over time, this is excellent..

bittrex market price is climbing.. slowly but surely , low volume but that is because few if any are selling, anyways... very interesting all of this

[yellowduck2]

bittrex market price is climbing.. slowly but surely , low volume but that is because few if any are selling, anyways... very interesting all of this

yeah. U shouldn't take bittrex as the main exchange for burst. IMO , for some reason , poloniex is the main exchange for burst. Right now if anyone want to buy , c-cex have sell order of around 1 BTC up till 150, rest of the exchange running dry up till 150.

Also, i am thinking why burst haven't got into more exchange ? I am sure it will create more demand with more exchange like crypsty and bter.

[bobafett]

for bter, we all just have to vote here....

https://bter.com/voting

[yellowduck2]

for bter, we all just have to vote here....

https://bter.com/voting

There should be a shortcut to get listed. Voting take too long. Should find a way to get some exposure to Chinese market (e.g bter)

With so few sell order on existing exchange , getting on board a big exchange now will be a great idea to bring the price to a new level.

[mmmaybe]

I happened to get the guys who wrote Automated Transactions (aka Smart Contracts) for Nxt to agree to integrate them into Burst.  Nxt has delayed integration and Nxt is probably not going to be ready to add them for a while.

However, the Automated Transaction developer is asking for funding and I would really like to make sure that he gets paid a reasonable amount for his many months of work. It's in our best interest as well to make sure he's invested into Burst since he's a good developer and we need more of them.  I'm chipping in 250k Burst myself.  Anyone else mind chipping in some donations?

I'd like to get him at least a million, maybe two million Burst.

Additionally, could someone write up a press release for these?

I have set-up a wallet for this purpose if you would like to donate: BURST-NTAZ-LX9T-BVB9-CN373

If mmmaybe is more trusted than me, seeing as how I'm new to the community, he could escrow for this instead.  Or we can use the built in escrow tool.  Just let me know if you want anything like this.

Thanks for your effort but a negative rating from Gmaxwell ?
If you don't mind I would have Nevril as the one who manages the fund.

Just my 2 BURST.

Regards,

Aizen

mczarnek also asked me to escrow for this project via PM.

I can be the escrow if all of you want, but I'd first like to know the opinion of Burst Dev about Automated Transactions and whether or not they can be implemented without issues for the developing schedule he has already planned.

Moreover, I've checked quickly what AT are... If their only purpose is to pay dividends to assets share holders... 1M of Bursts sounds like a lot of money for a work that took me 3 (full) days to develop...
It would be nice if also AT Dev comes here to explain features in detail and how they could integrate with the current Burst. Because, ok Burst is Next based, but it isn't Next.

This is something that has already been in progress, and is close to ready for release. Refer to my post here: https://bitcointalk.org/index.php?topic=731923.msg9792602#msg9792602 and katlogic's post directly below it.

Regarding what ATs are, it's a smart contract system that allows turing complete scripting on the blockchain. Scripts can be created and stored in the blockchain, and the scripts will get their own account id that can receive funds, and the script is able to make its own outgoing transactions. Scripts are able to sleep for numbers of blocks or be reactivated when transactions are sent to them, allowing for the script to carry out it's actions over extended periods of time.

I totally missed your reply

Sounds interesting, so... No need for funding and escrow, nice

Hehe

But there might be a couple of reasons to do a crowd-funding for vbecas despite this. If I speculate a little:

I don't know how well dev and vbecas cooperate, but I get the impression it's going fine? A nice bounty would in this case be for getting vbecas into the project as such, more than only working on ATs. As I understand he is a damn good developer. And it would, imho, be worth a donation to get him to care for Burst and helping our main dev out on other issues.

But that's only something dev can answer.

I repeating myself, but somethings we in the Burst community can't expect to get for free. In this case, it's vbecas attention and work for us (given that dev and he cooperate well and vbecas is interested to work on Burst, of course). But basically, this might be a possibility to expand the dev team.

In addition, to have more good connections to the nxt community could hardly be a bad thing for Burst. If some of the well-known nxters invest in the Burst or simply are positive of the initiative, that could give certain desirable effects. Like when it comes to sharing ideas and dev'ing (despite some people hate pos in general and nxt in particular). And would a few of them take positions in Burst, it would be very interesting to see what's happening to the price

[Nevril]

Hehe

But there might be a couple of reasons to do a crowd-funding for vbecas despite this. If I speculate a little:

I don't know how well dev and vbecas cooperate, but I get the impression it's going fine? A nice bounty would in this case be for getting vbecas into the project as such, more than only working on ATs. As I understand he is a damn good developer. And it would, imho, be worth a donation to get him to care for Burst and helping our main dev out on other issues.

But that's only something dev can answer.

I repeating myself, but somethings we in the Burst community can't expect to get for free. In this case, it's vbecas attention and work for us (given that dev and he cooperate well and vbecas is interested to work on Burst, of course). But basically, this might be a possibility to expand the dev team.

In addition, to have more good connections to the nxt community could hardly be a bad thing for Burst. If some of the well-known nxters invest in the Burst or simply are positive of the initiative, that could give certain desirable effects. Like when it comes to sharing ideas and dev'ing (despite some people hate pos in general and nxt in particular). And would a few of them take positions in Burst, it would be very interesting to see what's happening to the price

Yea, absolutely, I was just referring to the particular request I got from mczarnek
If any crowd-founding is needed for a particular project or development and both the community and dev accepts it, I can provide the escrow service (using Burst wallet directly, even better)

[Pilotseye]

If you have problems with RAM performance use Runaurufu Burst Miner, change pool and directories in configuration.xml to fit your needs - tool has been checked by forum members and is clean - using it myself long time already.

no one has checked it...

[---]

This slightly contradictory... Explain, please.

several ppl asked if it was vetted. no response in affirmative.

@FakeAccount How about using the search option before posting such nonsense? 
https://bitcointalk.org/index.php?topic=731923.msg9664649;topicseen#msg9664649

[xiaogr]

In new Blago miner the "SendBestOnly" option for Solo mining should be set to TRUE or FALSE

Thanks

[Pilotseye]

In new Blago miner the "SendBestOnly" option for Solo mining should be set to TRUE or FALSE

Thanks

Depends if you want all deadlines to be sent to the pool or only the best one, at least that's how I would understand it.

[xiaogr]

In new Blago miner the "SendBestOnly" option for Solo mining should be set to TRUE or FALSE

Thanks

Depends if you want all deadlines to be sent to the pool or only the best one, at least that's how I would understand it.

For SOLO mining

[Pilotseye]

In new Blago miner the "SendBestOnly" option for Solo mining should be set to TRUE or FALSE

Thanks

Depends if you want all deadlines to be sent to the pool or only the best one, at least that's how I would understand it.

For SOLO mining

Same procedure.

[xiaogr]

In new Blago miner the "SendBestOnly" option for Solo mining should be set to TRUE or FALSE

Thanks

Depends if you want all deadlines to be sent to the pool or only the best one, at least that's how I would understand it.

For SOLO mining

Same procedure.

I s so strange...In devs pool i got 4 blocks almost every day.....
In solo mining i get NONE.
At devs pool the above option should be set to FALSE

[Blago]

In new Blago miner the "SendBestOnly" option for Solo mining should be set to TRUE or FALSE

Thanks

Depends if you want all deadlines to be sent to the pool or only the best one, at least that's how I would understand it.

For SOLO mining

 "SendBestOnly" : true,

[xiaogr]

In new Blago miner the "SendBestOnly" option for Solo mining should be set to TRUE or FALSE

Thanks

Depends if you want all deadlines to be sent to the pool or only the best one, at least that's how I would understand it.

For SOLO mining

 "SendBestOnly" : true,

The answer from the source. 

Thanks Both

[Pilotseye]

In new Blago miner the "SendBestOnly" option for Solo mining should be set to TRUE or FALSE

Thanks

Depends if you want all deadlines to be sent to the pool or only the best one, at least that's how I would understand it.

For SOLO mining

Same procedure.

I s so strange...In devs pool i got 4 blocks almost every day.....
In solo mining i get NONE.
At devs pool the above option should be set to FALSE

Which makes sense, cause otherwise the miner needs to run all files, find the best one and send it, which could be too late before the next block is found and you won't get any shares.