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Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 1148. (Read 2171083 times)

sr. member
Activity: 280
Merit: 250
Anyone having issues with c-cex loading up properly, prices and buy/sell columns not loading? All other exchange run fine when I use them. ie. Poloniex, BTER, BTC38, Cryptsy, Mintpal, etc...

Same here, they dont show up until you login.
hero member
Activity: 518
Merit: 500
Anyone having issues with c-cex loading up properly, prices and buy/sell columns not loading? All other exchange run fine when I use them. ie. Poloniex, BTER, BTC38, Cryptsy, Mintpal, etc...
sr. member
Activity: 476
Merit: 250
At the current price it puts the market cap of this coin at around 50 BTC, now think about that for a second, the most innovative coin in recent memory is sitting at a market cap of $25 000.

- the coin "cap" of this coin is 50'000'000 now and will be 100'000'000 in 13 days.

So someone needed to put ~$2'000 into this coin every day only to retain current price.

This coin brings the innovation in mining, but what it brings to customer? Nothing new. So who would pay $2'000 daily?

You can say the same about every minable coin  Smiley
sr. member
Activity: 252
Merit: 250
The difficulty increases massively, the coin is new and in the first week had many user problems with the technique. That is why the early miner found many blocks. Even if electricity costs are lower than the GPU mining, there is no reason to dump. All had more of them if they would wait and not fill the buy order. Smiley


Btw, Burst need a Homepage und more PR. I think the Community can help or donate.
legendary
Activity: 1806
Merit: 1038
At the current price it puts the market cap of this coin at around 50 BTC, now think about that for a second, the most innovative coin in recent memory is sitting at a market cap of $25 000.

- the coin "cap" of this coin is 50'000'000 now and will be 100'000'000 in 13 days.

So someone needed to put ~$2'000 into this coin every day only to retain current price.

This coin brings the innovation in mining, but what it brings to customer? Nothing new. So who would pay $2'000 daily?
newbie
Activity: 41
Merit: 0
No whale...LOL...just throwing up some buy support is all...  Grin

*Remember the dayz when almost a Bitcoin meant you were a struggling miner? LOL*
full member
Activity: 238
Merit: 100
But all the big miner keep their coins, show an the wallets. I think this are the smaller miner that  sell their coins to cheap.
Check out the wallets of the larger miner, the most have not sold any coins.

I'm not saying it must be the big holders sell, what i say is current difficulty is not high, the difficulty is the same to big miner or to small miner, small miners can still easily mine lots of blocks every week, every burst  is pure profit, may be they are just major in mining gpu or cpu, and these are extra profit. these all can be due to the burst can be mined easily and the difficulty is just too low
legendary
Activity: 3248
Merit: 1070
I honestly don't know who could possibly dump at this price.

At the current price it puts the market cap of this coin at around 50 BTC, now think about that for a second, the most innovative coin in recent memory is sitting at a market cap of $25 000.

Whoever sells at this price is brain dead. Once we get added to a proper exchange with more exposure, no offence C-Cex, but your exchange is dead, expect the market cap to reach up to 1000 BTC...at least

it doesn't work in that way, as long as miner are making profit out of it, they will continue to sell regardless of everything else

for bitcoin is the same is the most innovative, is the first, but miners sell , they need profit, no matter what
sr. member
Activity: 476
Merit: 250
whale is on c-cex  Wink Those who dumped below 100 are already fucked  Grin
sr. member
Activity: 252
Merit: 250
But all the big miner keep their coins, show an the wallets. I think this are the smaller miner that  sell their coins to cheap.
Check out the wallets of the larger miner, the most have not sold any coins.
full member
Activity: 238
Merit: 100
I honestly don't know who could possibly dumurp at this price.

At the current price it puts the market cap of this coin at around 50 BTC, now think about that for a second, the most innovative coin in recent memory is sitting at a market cap of $25 000.

Whoever sells at this price is brain dead. Once we get added to a proper exchange with more exposure, no offence C-Cex, but your exchange is dead, expect the market cap to reach up to 1000 BTC...at least

+ 1 million
you know, it makes no sense to advise them not sell at such low price, may be they were just feel it is easy to mine, several person hold > 1million burst, and also some person have mined >2million within two week, just randomly click the blockfinder in NRS, you will easily find some guys hold >1million burst. for them, even at the price now, it is still bring a great profit for them, suppose if I have mined 1million two week, and sell at 0.009btc/1block, i can still get 0.9btc, it is really a great profit compared to any other coins, it is not low for them at all. the only thing we can do is attract more and more miners in burst, and increase the difficulty of the mining, only they realized they can't mine as easy as before, they will hesitate to sell at such price, the difficulty is too low now.
full member
Activity: 154
Merit: 100
Add me on Twitter! @AnonOnAMoose
I honestly don't know who could possibly dump at this price.

At the current price it puts the market cap of this coin at around 50 BTC, now think about that for a second, the most innovative coin in recent memory is sitting at a market cap of $25 000.

Whoever sells at this price is brain dead. Once we get added to a proper exchange with more exposure, no offence C-Cex, but your exchange is dead, expect the market cap to reach up to 1000 BTC...at least

+ 1 million
hero member
Activity: 546
Merit: 500
I honestly don't know who could possibly dump at this price.

At the current price it puts the market cap of this coin at around 50 BTC, now think about that for a second, the most innovative coin in recent memory is sitting at a market cap of $25 000.

Whoever sells at this price is brain dead. Once we get added to a proper exchange with more exposure, no offence C-Cex, but your exchange is dead, expect the market cap to reach up to 1000 BTC...at least
sr. member
Activity: 476
Merit: 250
 We forgot about website  Cheesy
Anyone is making it ?  
member
Activity: 84
Merit: 10
Please, what is this error?

Code:
[INFO] [08/23/2014 09:48:38.557] [default-akka.actor.default-dispatcher-19] [akka://default/user/$a/$l/$a]
Message [pocminer_pool.ScoopReader$msgReadScoops] from Actor[akka://default/user/$a/$l#1541951261]
to Actor[akka://default/user/$a/$l/$a#-1804129136] was not delivered. [10] dead letters encountered, no more dead letters will be logged.
This logging can be turned off or adjusted with configuration settings 'akka.log-dead-letters' and 'akka.log-dead-letters-during-shutdown'.

I seem to have realized that it is a disk problem. I have the plots on a NAS ... it could be the network latency? I'm finding little or no shares since last night. Currently I have about 1,62TB file plots but I'm not finding shares.
Thanks in advance

just harder to find blocks in general. i was averaging 1-2 blocks per day on 2.5tb but that's dropped down to 1 per day if i'm lucky. i'm waiting for pool v2 to come along.

Thanks tricass. So it means that the miners have risen in the pool and also the size of their plots. Bad for me but good for Burst Coin.  Grin
I look forward to the new pool v2. Now I have to figure out what that mistake .... it seems only an info but I do not understand what.
sr. member
Activity: 394
Merit: 250
Crypto enthusiast
Please, what is this error?

Code:
[INFO] [08/23/2014 09:48:38.557] [default-akka.actor.default-dispatcher-19] [akka://default/user/$a/$l/$a]
Message [pocminer_pool.ScoopReader$msgReadScoops] from Actor[akka://default/user/$a/$l#1541951261]
to Actor[akka://default/user/$a/$l/$a#-1804129136] was not delivered. [10] dead letters encountered, no more dead letters will be logged.
This logging can be turned off or adjusted with configuration settings 'akka.log-dead-letters' and 'akka.log-dead-letters-during-shutdown'.

I seem to have realized that it is a disk problem. I have the plots on a NAS ... it could be the network latency? I'm finding little or no shares since last night. Currently I have about 1,62TB file plots but I'm not finding shares.
Thanks in advance

just harder to find blocks in general. i was averaging 1-2 blocks per day on 2.5tb but that's dropped down to 1 per day if i'm lucky. i'm waiting for pool v2 to come along.
member
Activity: 84
Merit: 10
Please, what is this error?

Code:
[INFO] [08/23/2014 09:48:38.557] [default-akka.actor.default-dispatcher-19] [akka://default/user/$a/$l/$a]
Message [pocminer_pool.ScoopReader$msgReadScoops] from Actor[akka://default/user/$a/$l#1541951261]
to Actor[akka://default/user/$a/$l/$a#-1804129136] was not delivered. [10] dead letters encountered, no more dead letters will be logged.
This logging can be turned off or adjusted with configuration settings 'akka.log-dead-letters' and 'akka.log-dead-letters-during-shutdown'.

I seem to have realized that it is a disk problem. I have the plots on a NAS ... it could be the network latency? I'm finding little or no shares since last night. Currently I have about 1,62TB file plots but I'm not finding shares.
Thanks in advance
newbie
Activity: 5
Merit: 0
hey can someone help me, my address file is empty after running run_dump_address, i have tried everything please help... please i really wanna mine this coin
Hix
legendary
Activity: 1971
Merit: 1036
Very intresting how to see rich list at this moment.
member
Activity: 84
Merit: 10
IMO the 5% reduction is fair and good enough.

Finding a block (thus receiving 10.000 BURST) when solo-mining is becoming harder and harder every day.
Takes me about 4 days and 3TB per instance and it's rising.

When the dev releases the new pool update, everyone still solo-mining will switch to the pool as with this update you are able to use your plots initially created.
So the distribution of the block reward will be spread over all who submitted a valid share.

Let's say there will be about 40/50 TB of plots involved (i guess it will be much more), everyone will receive a fair amount of BURST.
So at the end you will receive maybe about 100 BURST per block and decreasing with 5% each month.

We do need a GUI for the plot creation/ mining part so the noobs among us and everyone else which follows us in the near future has no problems setting things up.

Then again, if they need any help they are more then welcome to join us in the forum.

The fact that the dev is not responding to FUD's and is keeping his promises for the pool (already released a first version on request of the CM) and is online every day proves to me that this IS the most innovative coin since DRK.

Also, before hitting Bittrex/ Mintpal or any other major exchange there should be other things in place.

We have some great members so creating stuff like block-explorer, rich list should be no big issue.
A few things are already in place. Just have patience and look at the future instead of spreading FUD.

Also, DO NOT SELL YOUR COINS CHEAP.

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