Topic: [ANN] -NEW BURST OP- MINE ANY FREE SPACE-(HDD MINING)- ATs, AE, P2P MARKET+MORE! - page 140. (Read 346529 times)

Thank you 

Turnoff, most of the deferred payouts are dust payments to very small miners, some miners are winning 0.01 (or less)  burst/round we win. Without rechecking the code, payouts < fee to payout continue to be deferred. The deferred payouts are generally very small, but they do get paid out. For the larger miners you'll see they're all getting paid out at 300+ burst.

Also, there seems to have been a large bump in small miners recently, jumping from ~400 to over 600. Those new small miners will be collecting a lot of small, deferred, payments.

Without knowing your mining ID, I can't comment on your specific case, but you're being paid what you earn.

H.

I know that when the difficulty is high your payout is less. right now their are more miners and the difficulty is almost at 9000. Now too me this feels like the current difficulty of mining bitcoins however you are using less electricity  so this is where it pays off to mine burst.

Deferred Payouts: 10654. Is something wrong? It was at 4k whn i noticed it.

Why aren't we paid?

I was one in the top with steady payouts but no mre... I have no idea what's the deal, but I noticed my income have droped almost by 50% in a day. But dl are dl...

The top12 on this block use uray's miner, which is a bad miner... Weird.

Very, very interesting! First part never crossed my mind.

As I understand you, we can have a market where you offer storage/bandwith for a price, and ppl looking for storage can post their requirents and price. Data can easely be encrypted by, eg, TrueCrypt. Storage price would also depend on the raid offered.

Wouldn't we all the sudden have a "storage coin", where TB price would be decided by the free market - without doing much at all? A and B's deal and conditions could be put on the chain with a without a third party by AT tech...?

A plot file can be read by all miners. All plotfiles is created equal. The only difference is the engine (Like java vs C+) and tell the pool the deadlines.

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From the other thread

This wouldn't work. The reason behind creating an asset is to provide the owner with some starting funds. If I had 50% of taken from Margin or Vector I would pay 50% less. Simple?
If a escrow could handle distributing the assets, it would preventing a dump by the owner. (Still vulnerable to ICO scam).

Instead:
When creating an asset, you should be able to prove some starting funds, this would kill some plain dumb assets. (Ether guy had none, btw he later created a ponzi based in Ether , also Playground bought zero of his own assets.) You could also request more personal information, like proving an real address (Not cryptocurrency) or having a trusted member see your personal ID (in extreme cases).
I know this would stop many assets, most them would be very simple with no security. Instead assets with better security and concept would rise in their place.

x is not from kartojal or me, it's the x0r ARM miner from stardust. At least he uses it. I tried to contact him but not answer. ARM mining means he uses it on Raspberry Pi or even Smartphones.

p is probably this here: https://github.com/mrpsion/burst-mining-system

Can someone refresh my memory on plots.

Once a plot file is created  out of all the miner software mentioned above, which ones can be used with the same plot file.

j -  BurstDev's java POCminer
u - Uray's miner   https://github.com/uraymeiviar/burst-miner/blob/master/src/Miner.cpp#L159
b - Luxe's burstcoin-jminer  https://github.com/de-luxe/burstcoin-jminer/blob/master/src/main/java/burstcoin/jminer/core/network/task/NetworkSubmitPoolNonceTask.java#L55
*sun* - Blago's miner  https://github.com/Blagodarenko/miner-burst/blob/master/miner.cpp#L1183
x - x0r ARM-mniner by stardust
(also see soft for ARM  https://github.com/kartojal/burst_arm_tools, for android by daWallet https://github.com/dawallet/burst_arm_tools/tree/master/dcct_tools_for_android)
p - mrpsion's burst-mining-system https://github.com/mrpsion/burst-mining-system
*blank* - others

edited

Not sure what's happened on ninja or if it's just my imagination? All of the familiar named Miners seem to have been overtaken by ones  just with Burst addresses and what used to be a sea of blago faces have been replaced by the letter u?

Does someone have a list of the Miners represented by the letters? I can see u, j, p, x and blank?


Rich

There is a theoretical possibilty to plot with a FPGA with 5 Watts with similar speed like an i7 CPU. That could be interesting for future Burst Cloud Mining providers - datacenters for example.

On the fly plotting and mining will be always much much more energy wasting than plotting once and reading files from a memory. Even the initial costs of developing and producing ASICs will be higher than buying data storage in the shop next to you.

- daWallet

Ok let's just pretend that Burst becomes very successful, and becomes worthy of significant investment  How sure are we that the algorithm used for plotting and then scanning the plot cannot be put into an ASIC such that the processes can be done on the fly, negating the need for prior plots and moving it to where other coins are in terms of development and ongoing running costs?


Rich

You can see Burst as a measurement and compensation for disk space capacity. The feature/service of data storage doesn't have to be on blockchain. To use the space for data, there has to be a market and a market price. Both are actually featured in Burst.
Imagine User A wants to save 40 TB of data - he can negotiate for example with haitch about storing his useful data instead of mining Burst. User A will pay haitch a compensation for not mining Burst, but storing his data and bandwith. User A chooses haitch because he is mining Burst since XX months with 80 TB 99,9% uptime - logged and proofed by Burst blockchain.
User A can contact haitch by Burst messaging system. He can also go to the decentralized market of Burst and offer money for saving his data. Haitch could do the same, by offering storage on Burst market for money.

Long story short: Burst gives storage capacity a shadow price and brings its own payment system with it. That such trades have not happened tells me that there's no big enough market for this (yet).

Burst on the other hand is disruptive innovation: It offers the same but most important feature: Transactions. Like all the other PoW coins, but Burst is not mined with CPUs, GPUs & ASICs. By mining with disk capacity Burst has much lower operating costs than its competitors and therefore much lower transaction costs in the long run. Also the mining technique favors small miners and therefore decentralization of mining, because of the larger overhead big mining rigs have. Mining equipment is available all over the world and electricity price is not a crucial and centralizing factor.

Burst solves two big problems: doesn't waste energy and keeps being decentralized by design.

- daWallet

1. What makes burst special is all the stuff we got from NXT as well as a few extra bells and whistles that has been added to burst, that NXT lack. The end user might not care that much if burst was mined with ASIC, GPU, CPU or harddisks - but it seems that harddisk mining spreads the mining out on more people, as it is easier to get a meaningful return wo burning a lot of watts, so ppl with expensive electricity can join the mining.The coin might be considered safer than coins with more concentrated mining. BURST is not (yet) about storing data, but should this be implemented we'd have a running start as the network is already larger than most other coins storing data, which are only in beta. We've been with between 4 and 10 petabytes for a long time (4000 to 10000 terabytes)

2. I think what burst could do is to introduce data plots as well as mining plots so miners can decide either to mine or to store data or both. The advantage is that we already have a real friggin' big lot of harddrive space with BURST, so should we start doing data, capacity will be awesome compared to the competition.

3. I haven't bothered measuring, but personally with 80+TB i never have issues with bandwidth. The mining is exceptionally smart designed, your computer read a small part of your plots from your drives, which gives you a deadline time, say 3 minutes.. computer just wait until 3 mintes have passed and only if nobody else have started a new block, computer do the block and send it to the network... so unless you have the best deadline, the only network traffic computer need, is for wallet to get new blocks and sync up with other wallets..   You will spend a good bit of disk-bus bandwith inside the pc, reading data off disks though, but only once every 4 minutes or thereabouts and then only for 30-40 seconds, if you use USB3 or SATA. (at least that's my timings with up to 8TB large disks).

If you are on windows and go 20TB plus per box you might start having fun with some bad design in the windows OS, where it seems windows disk cache does not release memory as fast as it uses it, slowing down the system, using lots of RAM, swapping out important stuff. W10 is much better than W7 with this, but can still be troublesome, you will have to tweak stuff a bit to get it to run smoothly, but only if you go way high on number of disks and terabytes, i guess 20TB+ is where the first problems kick in, on some rigs, not on others.

That's very strange someone told me that having 50TB stored would be gigs per of transfer per day.

Okay great. Time to start mining. I think the concept is amazing. Weird not tons of clones already.

Are miners coming back...?

I think storing "useful" data within the plots is something which requires drastical bandwidth usage.
In the past this discussion lasted over several pages in the original announce thread with these results if i remember correctly:
-plots may store user data after a redesign of the mining algorythm and coin design
-the miners would require much bandwidth to serve the files
-there was no consensus about how many copies of the data shall exist and how many should be assumed as secure if you want to access your files later
-there are other coins focusing to act as cloud storage provider

i think if you really want to only store data simply use mega and encrypt your stuff. this has for me the same reliance as a crypto coin archiving your files. 

OK it goes up and down, currently at 8467. I think the exact size will be a function of the current Reward for a Block * number of confirmations before a payment is made?

Rich

1) Don't know.
2) Not currently.
3) It uses minuscule bandwidth to mine. A wireshark trace I took showed mining a 20TB plot for one round produced less than 5KB of network traffic. You could mine on a dial up link.

H.