Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 1229. (Read 2170889 times)

Or both at the same time!

ok, i sell my gpus and buy hd:s???

I can sell 500k BURST at a price of 0.028/10k:

cost of 500k: 1.40 BTC
cost of 250k: 0.70 BTC
cost of 100k: 0.28 BTC
cost of 50k:  0.14 BTC

This is a very good start!! Thank you for adding.

people would mine with whatever they want. share submission is with this content:
7071108081565666874:8232454
tricky part is to verify this data on pool side on the fly.

A second thought here, we could persay create a cloud mining service, so people could rent out the plot space, the system generates, mines etc and people just buy / reserve more space...

im working on a c variant of the miner (ill get it working on windows and nix, mac people your on your own sorry ) as the java miner is a bit laggy for me using linux (windows is ok ish)

I can provide coding for said service, but im not a backer  as im poor, so who wants to setup such a service ?

EDIT: also, luxe, the only problem with that way of mining, people want to use as much space as they can, so that range of nonces is pointless as if two people have the same set of nonce ranges and data then they both come up with the same share from the signature, the idea of pool minign needs a bit more fine tuning, it is possible but to what extent.

no, should be no problem to have nonce from 0-100 and from 700-1000 etc. you will mine with 400.
at the moment with exploding diff the whole thing could work, but who wants to be responsible for that ... how to validate that people are really mining with the assigned plot range to the group address?! nice idea but not practicable i think. i will wait for the 2nd step of pool mining ...

The only problem with a pool is, give out the address id then you tell it the amount of space you give it, it then returns the nonce starting  then the range of what is given to you, then the miner would have to generate said plots (it took me 6 hours exactly to generate 100gbish worth of plots) so then you're forcing the next user to jump on a higher set of nonces and range, in that time and for all that effort you're not mining.

Selling 30K, pm your offers

if there would be a pool how many tb of plotfiles the users may provide to it?
i think of setting up some sort of "grouped" mining for which one would have to supply the passphrase to reuse the plotfiles.
the mined coins would then be distributed to a burst adress the user supplies.
for the users this means if they have a balance in their address they have plots for they would send it to a fresh account and use the old one only for pool mining.
would this be a good intermediate solution?

BUMP

No prob. Wallet client is in my home PC behind router/firewall :-)

yes it is, but i have to say ... be careful to login a 3rd party hosted wallet (once there is one), they could have modified the client side code to read your passphrase ... it has to be a well trusted one!

For those, who want to trade BURST, I've created the BURST Gataway on Nxt Asset Exchange (AE):

Asset Name: 1000BURST

Asset ID: 251006016744564741

Each one asset represents 1000 BURST coins.

In order to sell your BURTS coins on AE, first you need to get 1000BURST asset. To do this just send your BURST coins to the BURTS Gateaway address BURST-MCHC-LBKK-ZLZY-C3XL5 _and_ send an Arbitrary Message containing your NXT address (in alpha-numeric format) to the same address.
(I'll send 5 NXT along with a 1000BURST assets to depositors who do not have any NXT, so that they will be able to place orders)

To guarantee smooth withdrawals, the amount of the 1000BURST assets in circulation will always be less then the balance of the BURTS Gateaway address (BURST-MCHC-LBKK-ZLZY-C3XL5).
No sell orders from the issuing account will be placed.

To withdraw your 1000BURST assets you should transfer them to this issuing account (NXT-VVTV-U25N-U2FY-2V35H) _and_ in the attached message place your BURST address (in alpha-numeric format).

Deposit/Withdrawal time: 12 hours max., usually much faster.

Fees: currently 1% Deposits (0% for first 5 deposits), 1% Withdrawals (subject to change).

Minimum Deposit: 1000 BURST  (subject to change)

Minimum Withdrawal: 1000 BURST  (subject to change)


To trade on AE without local Nxt client you can use one of the public Nxt nodes:

http://217.17.88.5:7876/          http://vps4.nxtcrypto.org:7876/  
http://vps8.nxtcrypto.org:7876/   http://nxt.ravensbloodrealms.com:7876/
https://miasik.no-ip.org:7876/    https://162.243.145.83:7876/

or use http://www.SecureAE.com/ web platform.


You can buy some BURST coins (1000BURST assets) at Asset Exchange directly for BTC via http://www.SecureAE.com/ , or with NXT coins.
You can get some NXT for fiat at instant automated exchange https://coinomat.com/ , or at CCEDK exchange (including North European currencies), or at p2p exchange https://nxtex.net/ (for PayPal, like at Localbitcoins). Or you can use cryptoexchanges like https://www.cryptsy.com/, https://poloniex.com/ ,  https://hitbtc.com/ .





For those who do not aware: the trading at Asset Exchange is safe and trustless, because the trade occurs in a single transaction.
And Asset Exchange cannot be suspended (like DGex) or hacked (like BTer), or collapsed (like shareXcoin).

The only threat is that the issuer can refuse to withdraw. But I will not, please check my profiles at BTT (https://bitcointalksearch.org/user/abctc-147961) and nxtforum (https://nxtforum.org/index.php?action=profile;u=15),
also you can check the volume of the similar FIMK Gateway: https://bitcointalksearch.org/topic/m.8097620

yes, you don't even need to install wallet if someone would host it ... you could simply log in there and you have your coins (e.g. from mobile device). or lets say you would know my passphrase ... you could login to your wallet and see my coins^^

therefore once again ... passphrase has to be very complex and secure!

If so i secure my passphrase. I format and reinstall my PC. Reinstall burst wallet. I login with my passphrase in TO web wallet and i Have alla my coins? :-O
That's all?

Right i have 30K of burst up for grabs, in smaller packages, ill update the transaction log below with whome payed bought what including how the payment was handled.

I will accept the following coins as payment, ill take the btc price at the time for the coin you wish to pay, please pm me to lock this in.

 [ Coins Accepted ]
  BTC, DRK, BC, LTC,

You can have the full 30k for 0.16btc

 [ Packages ]
  Amount - PPC                    - Total
  - 10K     - 0.00000550 btc - 0.055 btc
  - 5K       - 0.00000555 btc - 0.02775 btc
  - 2.5K    - 0.00000560 btc - 0.014 btc
  - 1K       - 0.00000625 btc - 0.00625 btc
  - 500     - 0.00000650 btc - 0.00325 btc

 [ Transactions ]
 Username - Amount - Payed PPC - Total - Type (Direct / Escrow) - Recieved Burst Address


Any questions, custom orders etc please pm / dm me here or on twitter


Removed

yes, all you need to backup is your passphrases.txt



its java ... running on every device supporting java ... even windows :-)
but i suggest you want a simple setup like http://nxtra.org/nxt-wallet/ ...

There is no backup.
Keep your passphrase long (>35 characters random generated) and *REMEMBER* it  
BTW: I am not the DEV.