Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 1080. (Read 2171083 times)

If by any means possible use java x64 and run_generate like this:

"C:\Program Files\Java\jre7\bin\java.exe" -Xmx8000m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate your_addres start_plot number_of_plots 8191 6

(Yes, the double quotes should also be in there)! Also set your number_of_cores to max-2

Has anyone checked the .exe-file?
I'm not saying it contains a virus, just we need to be careful.

can someone help me use merge.exe ?

the volume keep growing and the price keep growing slowely , this is a good sign and no dumper yet

according to NXT price i would say that BURST can easy go to 5/7K ....

I agree we should definitely near or surpass 1k.  Not too sure about passing it, for now.

Told you all you could break 20 btc on C-CEX, burst going to the moon it seems.

I saw that too and was going to post haha. Honestly I believe we will pass 1000 satoshis for sure, but I don't know how much higher it can go after that.
Edit: We just hit 600 sats 

Someone just put up a 2BTC value sell wall, and it was eaten.

The market will likely push burst to 1000 satoshi

The instructions for setting up the v2 pool wallet just aren't very clear.  A few might have got it right by dumb luck but I need assistance.  

Can you provide some sort of clear instruction set with photos and pictures?

I have my wallet / miner mining in the pool, my wallet id is 13429957584083220507.  I have the 1.0.3 wallet and the pool miner.

Twice now, I have seem the pool shares and balance lists for my account go up towards 500 coins, then the next time I checked the number was smaller, meaning it had paid out twice but I did not get the coins!

My wallet ID is BURST-MYMR-JJN2-ZYSH-9XBTT.

The http://localhost:8125/rewardassignment.html  also isn't clear.  The top 2 data entry blocks, Get reward recipient and Get accounts with recipient, what do I do with those?

The lower two data entry blocks, Set reward recipient for Passphrase and Recipient, what's the correct process?  What does "Passphrase" mean?  The 12 word phrase the wallet/miner gives me during setup?  The long numerical number like my 134299 wallet id number?  The password I create on my own?

What about the recipient block?  Is that where my wallets BURST address goes or another BURST address?

I need this all explained like I am 4 years old, with photos and arrows and words drawn on them like in Microsoft Paint.

I figure I'm short 1000 coins so far.

Ah well, 1000 with 2048 work, or do you need to go down to 1024 for steps?

Hi HDD Miners,

is it a problem, if i had 3 HDD's 4GB HDDS, on the first the plotfile is at the moment 1,5TB, the second at the moment 150GB and the third also have 150GB plotfile at the moment.
The plotfile is like 0-10 11-20 21-30...is it possible to mine on all @ the pool in this status?

Thanks  

Yes i just re-installed both. I still get errors with 2000m only 1000m works.

i have experienced a similar message on one of my identical plotting machines.
first i assumed it relates somehow to a timeout of the storage device when the threads collect their data to write it to disk.
later i realized that my whole batch process has thrown similar messages on this one machine.
looks like some sort of weird java behaviour which i have'nt traced down to its origin.
as soon as i have enough linux storage nodes ready i dont have to plot anymore with java.
i only hope that the wallet and miner code does'nt show any of such issues someday after a security hotfix.

Yeah, with rising difficulty chances are fairly slim for that to solo mine anything.

yes you are

Yeah, I can get ~1000 per day with 450 GB in the pool.

So basically I'm wasting my time trying to solo mine with a 500gb drive I had lying around?

For pool mining, you're gonna need more than 250GB to get shares on a regular basis, 1TB or more would be preferred.

For solo mining, I'd recommend 8+ TB.

Here's the kicker for why POC mining is attractive:

With a GPU, say, a R9 290x, you are pulling at least 300W for the card to run. The card itself costs around $550, and on $0.15/kWh pricing, it would cost $394.20 to run at full load yearly. This means after a bit over a year, your costs are split 50/50 between hardware and electricity, assuming you didn't invest in additional cooling and cooling upkeep. If all mining went south, you could sell your card, but you take a loss on that electricity. However, if you were mining with a hard drive which costs $7/year to run for a $300 drive, then if everything goes south, you can recoup a large portion of your investment. Most hard drives have a minimum of 2 years of warranty.

Additionally, the amount of network security possible from POC given the same amount of capital invested into mining as with POW is much higher, as the majority of that money goes towards actual hardware, and miners have very little reason (very little maintenance cost) to keep their hard drive rigs running. In comparison, miners may shut off GPU rigs when they produce too much heat, or consume more electricity than they pay for.

Hard drive mining is more eco-friendly. Each dollar invested into mining requires far less power to run, and each thus each 'dollar of security' (because what protects cryptocurrency networks is the cost to perform a 51% attack) requires less power, and less upkeep. Graphics cards don't 'perform better'; it's comparing apples to oranges. The reason Bitcoin is so secure is because it has significant amounts of hardware behind it--and that hardware costs money. Keep in mind, there aren't really the equivalent of ASICs for storage. The best TB/dollar storage is tape storage, which would be impractical for BURST mining, considering all the seeking involved. Considering only hardware practical for mining, consumer hardware is king--enterprise hardware has higher $/TB costs. It doesn't matter how many kH, MH, GH, TH, PH... a network has, it matters how much money it costs to acquire hardware to provide that much hashing power. I could create a coin which had a hashing function so simple that a GPU could run 20GH/s, but that doesn't make it any more secure. Network security is a cat-and-mouse-game, and all that matters is the cost for a third-party to deploy hardware in enough quantity to provide more than 50% of the network's computational power. If my coin has 20GH/s on a R9 290x, then for each R9 290x they deploy, they get that hash rate too.

There is no "minimum", but the less space you use, the less you will make of course, it's just like hashrate.

But, that being said, all I can do is provide you some facts from my experience....

I started relatively early mining this coin solo, my first block was number 700, or around there.

I started with around 2TB, and kept adding as much as I could.


I currently have 65 blocks mined, and a total amount of plotted space around 8TB, will be 9 when this 3TB drive finishes plotting.

I currently, with 8-9TB, mining solo, hit 2-4 blocks a day.

I am trying to add 3TB or more each week, and purchasing drives accordingly, because the way I see it, no matter what, even if the coin goes to shit, it's great to have a ton of extra storage, and the drives are always resellable.

I plan to continue solo mining until I get less than a block a day. Bearing in mind my additional space each week.

Hope this helps!