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

[ilovelittleboys]

Forgive me for asking but what is the purpose of using hard drive capacity to mine anyway? Is the free space put to some use? Like for storing files and such? Or is it just a proof-of-concept for an alternative to the traditional proof-of-work schemes?

It's an alternative to POW schemes that should discourage the increasing centralization that's been occurring with them. By having mining speed bound by standard hardware users already have and drawing negligible electricity to mine with it, normal users mining with their existing hardware while they are using it can mine effectively for free, and as farms have far more overhead to operate and are unable to gain efficiency advantages with specialized hardware, farms shouldn't be able to achieve as high hashrate/operatingcost as normal users, which should help keep the network decentralized.

Ah, excellent explanation thanks. So I would think that proof-of-capacity is ASIC proof then?

[burstcoin]

Forgive me for asking but what is the purpose of using hard drive capacity to mine anyway? Is the free space put to some use? Like for storing files and such? Or is it just a proof-of-concept for an alternative to the traditional proof-of-work schemes?

It's an alternative to POW schemes that should discourage the increasing centralization that's been occurring with them. By having mining speed bound by standard hardware users already have and drawing negligible electricity to mine with it, normal users mining with their existing hardware while they are using it can mine effectively for free, and as farms have far more overhead to operate and are unable to gain efficiency advantages with specialized hardware, farms shouldn't be able to achieve as high hashrate/operatingcost as normal users, which should help keep the network decentralized.

Ah, excellent explanation thanks. So I would think that proof-of-capacity is ASIC proof then?

While it is possible an ASIC could be created that achieves better hashrate/W than actually storing the plot files, the advantage could easily be taken away by increasing plotting complexity, which would decrease ASIC hashrate/W, and although it would increase drive plotting times, it would have no impact on resources required to mine with HDDs after space is plotted.

[mmmaybe]

Wow, I've had some luck today.

I'm only mining with 15TB, but i've forged 3 blocks in the last 24 hours.

Forged blocks 48714 and 48716!!! I like solo mining 

That's how great Burst can be

[mmmaybe]

Forgive me for asking but what is the purpose of using hard drive capacity to mine anyway? Is the free space put to some use? Like for storing files and such? Or is it just a proof-of-concept for an alternative to the traditional proof-of-work schemes?

It's an alternative to POW schemes that should discourage the increasing centralization that's been occurring with them. By having mining speed bound by standard hardware users already have and drawing negligible electricity to mine with it, normal users mining with their existing hardware while they are using it can mine effectively for free, and as farms have far more overhead to operate and are unable to gain efficiency advantages with specialized hardware, farms shouldn't be able to achieve as high hashrate/operatingcost as normal users, which should help keep the network decentralized.

Ah, excellent explanation thanks. So I would think that proof-of-capacity is ASIC proof then?

While it is possible an ASIC could be created that achieves better hashrate/W than actually storing the plot files, the advantage could easily be taken away by increasing plotting complexity, which would decrease ASIC hashrate/W, and although it would increase drive plotting times, it would have no impact on resources required to mine with HDDs after space is plotted.

Dear Sir,

If you ever find yourself bored or out-of-work, you should write a white-paper for burst. Today I have hard seeing someone else doing as well as you would, and on top in thing your write damn nice. Perhaps a couple of people could write a draft but it still would be a lot of work.

Btw, I have just gradually understood what ATs are, and that is one reason the press release hasn't been published yet (I didn't really believe what Matt told me hehe!). And it's not easy to understand the magnitude of what they can achieve. I'm quite overwhelmed of what you guys actually have been able to do. This coin most be the most undervalued in the history of crypto atm. And of course my deposited funds to buy more got stuck due to the holidays

All the best!

[crowetic]

Forgive me for asking but what is the purpose of using hard drive capacity to mine anyway? Is the free space put to some use? Like for storing files and such? Or is it just a proof-of-concept for an alternative to the traditional proof-of-work schemes?

It's an alternative to POW schemes that should discourage the increasing centralization that's been occurring with them. By having mining speed bound by standard hardware users already have and drawing negligible electricity to mine with it, normal users mining with their existing hardware while they are using it can mine effectively for free, and as farms have far more overhead to operate and are unable to gain efficiency advantages with specialized hardware, farms shouldn't be able to achieve as high hashrate/operatingcost as normal users, which should help keep the network decentralized.

Ah, excellent explanation thanks. So I would think that proof-of-capacity is ASIC proof then?

While it is possible an ASIC could be created that achieves better hashrate/W than actually storing the plot files, the advantage could easily be taken away by increasing plotting complexity, which would decrease ASIC hashrate/W, and although it would increase drive plotting times, it would have no impact on resources required to mine with HDDs after space is plotted.

Every time I read anything from our amazing dev, I realize that he's the best dev in crypto. Thanks again dev, for everything!

[mczarnek]

Ah, excellent explanation thanks. So I would think that proof-of-capacity is ASIC proof then?

Yup, Proof of Capacity is ASIC proof and energy efficient too.. without the security complications of Proof of Stake.  It's a very nice algorithm.

And I agree regarding the dev, I've had a few conversations with the dev trying to poke holes in the coin and suggest improvements.. he's thought through things quite well and I'm very impressed by him.

Also, why are we calling Smart Contracts Automated Transactions?  Seems to me like everyone knows them as Smart Contracts and that might be better from a marketing point of view... what does other people think about this?  At the moment, I'm calling them Smart Contracts and mentioning they are also known as Automated Transactions in the version of the press release I'm writing.

[mafostedu]

Hi, question.

I am mining with 21 TB on burst.ga pool. But I got:
cca 5000 Burst 23.12.
cca 3300 Burst 24.12.
cca 2000 Burst today (today is not over, but still)

Its because difficulty vary, or is there something odd?
I also switched my disks into single processor PC (2800MHz) with "only" 4GB RAM. Also switched from javaminer to uray miner.

Is there possibility to check how fast are plots read? (I used "Debug" : true  option, but nothing hapens) - With a stopwatch it seems it all takes 3.5 minutes.

Thanks :-)

Try latest Blago miner, it's the fastest of all miners available for windows.
You may also need some faster processor (more threads more beneficial as Blago miner uses one cpu thread/folder so i7>i5>i3)

P.S. Just keep the Debug True in Blago miner & it will display everything you want to know about timing, no need to use stop watch 

[vbcs]

Forgive me for asking but what is the purpose of using hard drive capacity to mine anyway? Is the free space put to some use? Like for storing files and such? Or is it just a proof-of-concept for an alternative to the traditional proof-of-work schemes?

It's an alternative to POW schemes that should discourage the increasing centralization that's been occurring with them. By having mining speed bound by standard hardware users already have and drawing negligible electricity to mine with it, normal users mining with their existing hardware while they are using it can mine effectively for free, and as farms have far more overhead to operate and are unable to gain efficiency advantages with specialized hardware, farms shouldn't be able to achieve as high hashrate/operatingcost as normal users, which should help keep the network decentralized.

Ah, excellent explanation thanks. So I would think that proof-of-capacity is ASIC proof then?

While it is possible an ASIC could be created that achieves better hashrate/W than actually storing the plot files, the advantage could easily be taken away by increasing plotting complexity, which would decrease ASIC hashrate/W, and although it would increase drive plotting times, it would have no impact on resources required to mine with HDDs after space is plotted.

Dear Sir,

If you ever find yourself bored or out-of-work, you should write a white-paper for burst. Today I have hard seeing someone else doing as well as you would, and on top in thing your write damn nice. Perhaps a couple of people could write a draft but it still would be a lot of work.

Btw, I have just gradually understood what ATs are, and that is one reason the press release hasn't been published yet (I didn't really believe what Matt told me hehe!). And it's not easy to understand the magnitude of what they can achieve. I'm quite overwhelmed of what you guys actually have been able to do. This coin most be the most undervalued in the history of crypto atm. And of course my deposited funds to buy more got stuck due to the holidays

All the best!

I am glad someone understood what ATs can achieve. I know is not easy to understand, but when you do, you can see the potentials.

[Passion_ltc]

vbcs, is it possible to do inter currency exchange? So for example if Nxt and BURST both has AT, can someone write a script which will handle exchanges from Nxt to BURST and the other way around?

[Kartojal]

Wow thanks the guy who send me 25 BURST (((((((((((':

[vbcs]

vbcs, is it possible to do inter currency exchange? So for example if Nxt and BURST both has AT, can someone write a script which will handle exchanges from Nxt to BURST and the other way around?

Ofc, it is possible to do atomic cross chain transactions between platforms that are AT enabled. This use case is already ready, you can find a description here : www.ciyam.org/at/at_atomic.html .

Also with a modified version of that use case you can achieve anonymity while transfering your coins from platform x1 to platform x2

[Kartojal]

Hey! How long does Blago Miner to read a 200gb plot? Two seconds? Lol! It takes a lot time to do a 200gb plot at 13.000 nounces... How can i automate the mining  process?

How you mine in a few steps? Do you optimize the plots?(Its takes too much time)

[Irontiga]

vbcs, is it possible to do inter currency exchange? So for example if Nxt and BURST both has AT, can someone write a script which will handle exchanges from Nxt to BURST and the other way around?

Ofc, it is possible to do atomic cross chain transactions between platforms that are AT enabled. This use case is already ready, you can find a description here : www.ciyam.org/at/at_atomic.html .

Also with a modified version of that use case you can achieve anonymity while transfering your coins from platform x1 to platform x2

There goes all crypto exchanges, part from btc/usd exchanges......

[Blago]

Hey! How long does Blago Miner to read a 200gb plot? Two seconds? Lol! It takes a lot time to do a 200gb plot at 13.000 nounces... How can i automate the mining  process?

How you mine in a few steps? Do you optimize the plots?(Its takes too much time)

read&compute: 17930413153828766298_21700000_800000_800000 [@ 3058 ms]

plot at 13.000 nounces/min

1. GPU-plotting
2. optimize plots
3. defrag HDD
4. mining

Wow thanks the guy who send me 25 BURST (((((((((((':

not at all  )))

[Kartojal]

Hey! How long does Blago Miner to read a 200gb plot? Two seconds? Lol! It takes a lot time to do a 200gb plot at 13.000 nounces... How can i automate the mining  process?

How you mine in a few steps? Do you optimize the plots?(Its takes too much time)

read&compute: 17930413153828766298_21700000_800000_800000 [@ 3058 ms]

plot at 13.000 nounces/min

1. GPU-plotting
2. optimize plots
3. defrag HDD
4. mining

I only need to do plots one time, isnt it?

Thanks Blago!

[Blago]

Hey! How long does Blago Miner to read a 200gb plot? Two seconds? Lol! It takes a lot time to do a 200gb plot at 13.000 nounces... How can i automate the mining  process?

How you mine in a few steps? Do you optimize the plots?(Its takes too much time)

read&compute: 17930413153828766298_21700000_800000_800000 [@ 3058 ms]

plot at 13.000 nounces/min

1. GPU-plotting
2. optimize plots
3. defrag HDD
4. mining

I only need to do plots one time, isnt it?

Thanks Blago!

Yes, one time.



12389 Gb / 41 sec = 302 Gb / sec    (6 cores, 16 Gb RAM)

[coinits]

Hey! How long does Blago Miner to read a 200gb plot? Two seconds? Lol! It takes a lot time to do a 200gb plot at 13.000 nounces... How can i automate the mining  process?

How you mine in a few steps? Do you optimize the plots?(Its takes too much time)

read&compute: 17930413153828766298_21700000_800000_800000 [@ 3058 ms]

plot at 13.000 nounces/min

1. GPU-plotting
2. optimize plots
3. defrag HDD
4. mining

I only need to do plots one time, isnt it?

Thanks Blago!

Yes, one time.



12389 Gb / 41 sec = 302 Gb / sec    (6 cores, 16 Gb RAM)

Where is the link to your software? Could you provide it please.

[marcoman22]

Wow, I've had some luck today.

I'm only mining with 15TB, but i've forged 3 blocks in the last 24 hours.

Forged blocks 48714 and 48716!!! I like solo mining 

That's how great Burst can be

Yeah , I bought 10TB of HDD's for the sole purpose of mining

[Blago]

Hey! How long does Blago Miner to read a 200gb plot? Two seconds? Lol! It takes a lot time to do a 200gb plot at 13.000 nounces... How can i automate the mining  process?

How you mine in a few steps? Do you optimize the plots?(Its takes too much time)

read&compute: 17930413153828766298_21700000_800000_800000 [@ 3058 ms]

plot at 13.000 nounces/min

1. GPU-plotting
2. optimize plots
3. defrag HDD
4. mining

I only need to do plots one time, isnt it?

Thanks Blago!

Yes, one time.



12389 Gb / 41 sec = 302 Gb / sec    (6 cores, 16 Gb RAM)

Where is the link to your software? Could you provide it please.

https://www.dropbox.com/s/ixwfge97dpr5nq5/miner-burst-1.141209.zip?dl=0

+ added parameter "TargetDeadline": 1000000  (if exist - sets maximal deadline for sending to pool)
* added ability to sequential association paths:   "Paths":["C:\\plots","D:\\plots","E:\\plots\\+I:\\plots\\","G:\\plots\\","F:\\plots\\","H:\\plots\\"],

[tex81]

Code:

07:31:21 Close file: 10919497317369249792_26607617_3801088_3801088 [@ 6731 ms]

It`s 1TB file (928GB exactly) on i5-2500k (stock) & 3TB Seagate SATA HDD
3801088 nonces / 6.731 sec = 564.7k nonces/sec (per CPU thread)

Anyone show your speeds on Ivy-Bridge and Haswell (or even better) CPUs, pls.