Author

Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 1177. (Read 2170889 times)

hero member
Activity: 546
Merit: 500
If anyone can port the NXT one-click install client (http://nxtra.org/nxt-wallet/) to Burst, I'll offer a 0.25 BTC reward for it. (or the equivalent amount in Burst)
sr. member
Activity: 382
Merit: 254
Sell 50k burst for 0.5 btc PM me
hero member
Activity: 546
Merit: 500
Let's tweet about burstcoin! The crypto world must know this coin! All of you please, tweet something about it! More hype, more investors!

Getting listed on a well-known exchange would bring a ton of investors, and more members to the community. I suggest everyone contact Bittrex (they are the most likely to add us), and ask them for a listing.

Sure, but everytime I've said that, someone told me that it's too early!

What we need anymore before being ready!?

The only thing we need is a one-click install for Burst like this : http://nxtra.org/nxt-wallet/. If anyone can do this I'll be willing to offer a bounty for it.
hero member
Activity: 686
Merit: 500
Let's tweet about burstcoin! The crypto world must know this coin! All of you please, tweet something about it! More hype, more investors!

Getting listed on a well-known exchange would bring a ton of investors, and more members to the community. I suggest everyone contact Bittrex (they are the most likely to add us), and ask them for a listing.

Sure, but everytime I've said that, someone told me that it's too early!

What we need anymore before being ready!?
hero member
Activity: 546
Merit: 500
Let's tweet about burstcoin! The crypto world must know this coin! All of you please, tweet something about it! More hype, more investors!

Getting listed on a well-known exchange would bring a ton of investors, and more members to the community. I suggest everyone contact Bittrex (they are the most likely to add us), and ask them for a listing.
hero member
Activity: 686
Merit: 500
Let's tweet about burstcoin! The crypto world must know this coin! All of you please, tweet something about it! More hype, more investors!
full member
Activity: 224
Merit: 100
i found bug on this site
http://burst.cryptoport.io


java -Xmx2048m -cp pocminer.jar:lib/*:lib/akka/*:lib/jetty/* pocminer.POCMiner generate

but java not working, becouse cmd line must be

java -Xmx2048m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate
hero member
Activity: 1426
Merit: 506
That's what I tried to say  Smiley

What I think tibolt is saying is that someone with a single 50TB plot pointed at the pool would get less shares than someone with 50 drives each with separate mining programs reading 1TB plots each. Makes sense because the max shares per block the 50TB plot can submit is 1 vs the 50 possible shares the individual shares can submit. I suppose this could be alleviated by limiting each address to 1 share per network block, but that could be avoided by making multiple addresses. I agree, I think each share has to be ranked to make it fair.
Just making sure I understand Smiley
sr. member
Activity: 256
Merit: 250
That's what I tried to say  Smiley

What I think tibolt is saying is that someone with a single 50TB plot pointed at the pool would get less shares than someone with 50 drives each with separate mining programs reading 1TB plots each. Makes sense because the max shares per block the 50TB plot can submit is 1 vs the 50 possible shares the individual shares can submit. I suppose this could be alleviated by limiting each address to 1 share per network block, but that could be avoided by making multiple addresses. I agree, I think each share has to be ranked to make it fair.
i have'nt checked the poolminer yet but if there is only one share per block submitted a rating is required.
i thought that shares are submitted each time they are below 50k timeout.
full member
Activity: 138
Merit: 100
That's what I tried to say  Smiley

What I think tibolt is saying is that someone with a single 50TB plot pointed at the pool would get less shares than someone with 50 drives each with separate mining programs reading 1TB plots each. Makes sense because the max shares per block the 50TB plot can submit is 1 vs the 50 possible shares the individual shares can submit. I suppose this could be alleviated by limiting each address to 1 share per network block, but that could be avoided by making multiple addresses. I agree, I think each share has to be ranked to make it fair.
hero member
Activity: 1426
Merit: 506
What I think tibolt is saying is that someone with a single 50TB plot pointed at the pool would get less shares than someone with 50 drives each with separate mining programs reading 1TB plots each. Makes sense because the max shares per block the 50TB plot can submit is 1 vs the 50 possible shares the individual shares can submit. I suppose this could be alleviated by limiting each address to 1 share per network block, but that could be avoided by making multiple addresses. I agree, I think each share has to be ranked to make it fair.
full member
Activity: 138
Merit: 100
rating shares is good solution i think. because its all about how close to find a block. so nobody can cheat a pool.
sr. member
Activity: 256
Merit: 250
i think shares that under 50k has value 1 is wrong.
there must be different value for lower shares.
example:
40k-50k=1
30k-40k=2
20k-30k=3
10k-20k=4
5k-10k=5
0k-5k=10

Because find 49k easier than 5k




Plan for v2 pools:

Now that we have basic pooling to allow new and/or lower hashrate users to mine, I'll be moving on to my original plan of version 2 pools.

A new transaction type will be added that will allow users to declare an alternate address which will receive block rewards instead of them, and sign blocks for them(just blocks, they won't be able to make transactions). New api calls will be added for sending that type of transaction, checking if an address is set for rewards to go elsewhere, and retrieving all address that point to an address.

A new pool will be made that simply supplies an address to declare your rewards to go to instead of registering. Users will then be able to use plots made for their own account(solo mining plots) on that pool. The pool will be able to tell from the api which accounts are pointed at it. The pool will be able to announce blocks on behalf of its users and collect the reward to distribute.

If a user wants to change pools, they will simply have to make a new reward declaration transaction to a new pool, wait for it to confirm, and then they can point their miners there.

rating share values at pools was also with xpm a tough thing to do and resulted in many people leaving a pool for some time.
i think rating timeouts static during the share submission may work but the most fair way is to rate them after a block is found based on all submitted timeouts for this block and in relation to the final blocktime.
would have to be something like 5 million seconds timeouts were submitted in 300 shares.
average timeout 16.6k seconds. the effective blocktime may then be put somehow into this average share timeout as additional weighting.
shares above the average timeout get percentage based less reward and lower more.
sounds complex and is but gives low timeouts a advantage based on what the block really required.
the trouble with all this is that the idea of a pool is to share and distribute resources based on the work supplied and not how effective you supplied it in the current round.
if you want to get paid exactly for what you work on mine solo with one or more percent of the whole network size and get nothing if someone is faster than you.
full member
Activity: 138
Merit: 100
i think shares that under 50k has value 1 is wrong.
there must be different value for lower shares.
example:
40k-50k=1
30k-40k=2
20k-30k=3
10k-20k=4
5k-10k=5
0-5k=10

Because find 49k easier than 5k

Also a miner that have 8x500gb plots separately can generate under 50k block easily. between two block this miner's shares value total 8. other miner that have 3x5tb plots separately can generate lower shares but count will be 3 or 5. when block found lower plot owner can get more coins because of higher share rate. i think this is wrong.




Plan for v2 pools:

Now that we have basic pooling to allow new and/or lower hashrate users to mine, I'll be moving on to my original plan of version 2 pools.

A new transaction type will be added that will allow users to declare an alternate address which will receive block rewards instead of them, and sign blocks for them(just blocks, they won't be able to make transactions). New api calls will be added for sending that type of transaction, checking if an address is set for rewards to go elsewhere, and retrieving all address that point to an address.

A new pool will be made that simply supplies an address to declare your rewards to go to instead of registering. Users will then be able to use plots made for their own account(solo mining plots) on that pool. The pool will be able to tell from the api which accounts are pointed at it. The pool will be able to announce blocks on behalf of its users and collect the reward to distribute.

If a user wants to change pools, they will simply have to make a new reward declaration transaction to a new pool, wait for it to confirm, and then they can point their miners there.
full member
Activity: 224
Merit: 100
i found bug on this site
http://burst.cryptoport.io


java -Xmx2048m -cp pocminer.jar:lib/*:lib/akka/*:lib/jetty/* pocminer.POCMiner generate

but java not working, becouse cmd line must be

java -Xmx2048m -cp pocminer.jar;lib/*;lib/akka/*;lib/jetty/* pocminer.POCMiner generate
sr. member
Activity: 256
Merit: 250
Plan for v2 pools:

Now that we have basic pooling to allow new and/or lower hashrate users to mine, I'll be moving on to my original plan of version 2 pools.

A new transaction type will be added that will allow users to declare an alternate address which will receive block rewards instead of them, and sign blocks for them(just blocks, they won't be able to make transactions). New api calls will be added for sending that type of transaction, checking if an address is set for rewards to go elsewhere, and retrieving all address that point to an address.

A new pool will be made that simply supplies an address to declare your rewards to go to instead of registering. Users will then be able to use plots made for their own account(solo mining plots) on that pool. The pool will be able to tell from the api which accounts are pointed at it. The pool will be able to announce blocks on behalf of its users and collect the reward to distribute.

If a user wants to change pools, they will simply have to make a new reward declaration transaction to a new pool, wait for it to confirm, and then they can point their miners there.

 Wink Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Most fantastic solution. Great work dev.

i like the idea of this approach.
is it possible to split the reward to several receipients to privately pool resources with other users?
this way someone could also create a burst asset and develop a toolset to lend plotfile resources for a fee in future.
everything would be stored in the blockchain ;-)
i think of a asset which warrants for a nonce range for a defined period of time to mine.
something like 100 assets exist, one asset is worth 200gb plotfiles for 1 month starting at date x for the nonce range 1-81810000 of the mining address.
legendary
Activity: 1792
Merit: 1038
Burst

For those, who want to trade BURST, I've created the BURST Gateway at the Nxt decentralized (= trustless) Asset Exchange (AE):

BURST Gateway address: BURST-MCHC-LBKK-ZLZY-C3XL5
Asset Name: 1000BURST
Asset ID: 251006016744564741
......
To sell your BURTS coins at Asset Exchange, you should:
1] Obtain 1000BURST asset for your BURST coins (click on  one of public Nxt nodes, get NXT address, and do 1] below);
2] Place sell order with your brand-new 1000BURST asset at Nxt Asset Exchange (at Nxt public node go to "Asset Exchange");
3] When somebody buy you 1000BURST asset, you'll get some NXT coins (according to your price);
4] Sell that NXT coins at https://www.cryptsy.com/ or keep them if you want.

So, 1] to get 1000BURST asset just send your BURST coins .......

this is a little bit hard to understand  Shocked
..

- hmmm.. basically it is exactly the same steps that you do with centralized exchange ... see:
1] deposit your BURST coin;
2] place the sell order(s);
3] wait while somebody buy your bid;
4] withdraw after the sell occurs.


If someone wants to buy this precious coin, he can acquire
120k BURST at 0.00317 BTC/1000BURST (based on current Crypty's sell orders) at decentralized (=trustless) Asset Exchange right now,
and he also can place some buy orders at his own price: https://nxtblocks.info/#section/assets_exchange/market/251006016744564741

Quote
Buy 1000BURST with NXT
Sell Orders (31)
Account                     Quantity   Price   Total
NXT-VT5B-WHG7-T8H4-5MC43   94.8   51   4'834.8
NXT-JWZP-KKEJ-AZC2-3MJBC       25   52   1'300
NXT-583C-GZPP-3NG2-4YPNU      0.6   55   33


Don't miss the party! Let's make some Burst now !

Please, do not forget to withdraw your BURST coins after you bought them.
member
Activity: 84
Merit: 10
Plan for v2 pools:

Now that we have basic pooling to allow new and/or lower hashrate users to mine, I'll be moving on to my original plan of version 2 pools.

A new transaction type will be added that will allow users to declare an alternate address which will receive block rewards instead of them, and sign blocks for them(just blocks, they won't be able to make transactions). New api calls will be added for sending that type of transaction, checking if an address is set for rewards to go elsewhere, and retrieving all address that point to an address.

A new pool will be made that simply supplies an address to declare your rewards to go to instead of registering. Users will then be able to use plots made for their own account(solo mining plots) on that pool. The pool will be able to tell from the api which accounts are pointed at it. The pool will be able to announce blocks on behalf of its users and collect the reward to distribute.

If a user wants to change pools, they will simply have to make a new reward declaration transaction to a new pool, wait for it to confirm, and then they can point their miners there.

 Wink Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Most fantastic solution. Great work dev.
full member
Activity: 224
Merit: 100
can help me?

Tell me pls... why blockchain not downloaded on 2 PC from work and home.... internet is good
in "recent block" 2700 block is last... 30 minutes ago... nothing.
In bottom right corner, wallet show me "blockchain downloading" ((((
Wallet 1.0.2

Try this:
shut down the wallet
delete the burst_db folder from the wallet's folder
start the wallet again, and see if it fully syncs.
thx!!! Working!! ))
newbie
Activity: 2
Merit: 0
WTS BURST 10K=0.03BTC  pm
I have 50K
Jump to: