Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 175. (Read 2170889 times)

Yes, network size did decrease today, only 351 blocks mined today, which accounts for a 2.5% decrease. By my estimate the current network size is 7PB.

Elmit, obviously they do not understand the role and importance of mining in a coin. For that they should refer to the bitcoin whitepaper, if they are interested in educating themselves.

If they are only interested in holding coins, then they should totally turn this coin into PoS. It's fairly easy to do, since nxt is PoS, and BURST is a nxt clone. Not that I am offering to do it for them. However I would create a PoC clone at that point.

You need to refresh it a couple of times (for me that takes each time a few minutes) then you might see a difference eventually.
It might be the freed former Clinton bathroom email server or a 286 with coprocessor?

I can hardly understand your use of English here. I apologize if I interpret it wrong:

THIS thread is for BURSTcoin, believe it or not, just for BURSTcoins. Your attacks at me write on a paper, put it into your toilet, or where you can see it frequently, but here it is no place for it.

Holding of BURSTS is for people who believe that they mine/buy quickly/cheap and sell then later. Or with other words for sick and greedy people.
I see the coin for usage, that is trade things with it, buy/offer services, .... do you get that? TO USE THE COIN, not just to ADMIRE THE COIN!

Sorry out of this English construction I cannot get a useful meaning. Maybe you try to talk to your teacher on Monday and she/he might give you some hints how to restructure this sentence.
NOTE: This forum is NOT an English class. Therefore all what is understandable, including spelling errors are valid for me.

So, you suggest to buy some coins. Hmm, interesting idea! Just why? So that I can follow your idea to tell my grandchildren I was part of these idiots who bought BURSTs to see the price dropping,
still shouting how great the coin is,
watching messages over and over slandering others with different opinion.

I proof the words:
Pool Statistics
Current time: 2015-09-12 02:02:07 UTC
Block: 141,796
Difficulty: 6,490
Est. Networksize (PB): 6.8050643042691

Current time: 2015-09-12 03:20:42 UTC
Block: 141,814
Difficulty: 5,126
Est. Networksize (PB): 5.3752951951379

~20% network size lost, in 78 minutes
"BUT if you believe in the coin, then you should buy/hold"
If BinLaden has indeed 2 PB, then he has now more than a third.

Marketing for the coin: totally on hold

You are thinking in peanuts and believe they will turn into gold bars. - Without devs, without marketing, without attractions to create networksize, other then by BinLaden

WHAT have YOU done to save the coin?

http://burstcoin.biz/stats
Who's website is this?

Would you explain us how does it calculates weighted average price of 35 sat?

As you can see the 24h high price on polo is 31 sat  ( https://poloniex.com/exchange#btc_burst )
on bittrex it is 29

I assume it's based on c-cex only, which had a 0.03% share of the total volume today.
http://coinmarketcap.com/currencies/burst/#markets

How awkward

He's got a point. You're in here constantly trolling, Elmit, and you're apparently also constantly dumping. What's the rationale for listening to people who are only interested in dumping their coins gained by mining or pool operation or maybe bullshit asset creation (bitladen and Elmit)? If you actually believed in the coin long term, wouldn't you be trying to pick some up at the currently all-time low price, not just off load what they're holding?

The following tweets have been compiled to (re-)tweet:

$BURST - Worlds first and only HARD DRIVE MINED coin - Mine with hardly any power with a PoW style algo called PoC

$BURST - World's FIRST coin to implement Automated Transactions - Unlimited trustless possibilites and insane tech http://ciyam.org/at

$BURST - Decentralized Escrow built into the wallet? Yes please. $BURST has that.

$BURST - Decentralized asset exchange with unlimited possibilities, need to setup company stock? Look no further. Many other uses too.

$BURST - Wanna build a DECENTRALIZED EXCHANGE? That's right, eliminate the central authority #NoMoreMtGox $BURST already has the tech!

$BURST - Hey Ebay, guess what? $BURST has a decentralized marketplace, do YOU? Freedom in buying and selling. No central authority! #freedom

$BURST - Another WORLD FIRST? That's right! $BURST has already done an #ACCT Cross Chain Transaction with $QORA. That's right. CROSS CHAIN!

$BURST - Tired of the heat and power problems with Traditional PoW mining, yet still want to actually MINE? Try hard drive mining!

$BURST - ASIC proof, Decentralized Everything, Hard drive mining, the home miner's dream. Got some extra free space? Get some extra free $!

$BURST - Ready for the FUTURE? $BURST is, with technology capable of building a DECENTRALIZED EXCHANGE,and SO MUCH MORE!

$BURST - Who else would like to have the ability to setup a program on the blockchain to do your bidding? $BURST can help with #ATs!

$BURST - Breaking world firsts is just another day for $BURST developers. HDD Mining, Automated Transactions,and Cross blockchain transfers!

$BURST - The ability to take free hard drive space and turn it magically into money! Got GBs and want dollar signs? Come see $BURST!

$BURST - Got an important transaction that needs an ESCROW agent? No need, it's built right into the beautiful $BURST wallet! trustless!

$BURST - When it is possible to do anything, anything can and WILL be done. Why be behind the crowd? Check out $BURST

$BURST - Why wait for the technology you've always wanted in a crypto coin? No need to wait when there's $BURST If we don't have it,we will!

$BURST - There is simply nothing that can't be done, when you can put a script that automatically executes your will, ON THE BLOCKCHAIN!

$BURST - Truly decentralized exchanges are possible with our technology. #AutomatedTransactions make it possible! http://ciyam.org/at

$BURST - love mining? Hate power bills? Mine on your HARD DRIVE with $BURST! World's first and still only Hard drive mined currency!

$BURST - Have an idea? Want to sell shares of it? Put an asset on the $BURST Asset Exchange, its right there in the wallet!

$BURST - Wanna invest in what the FUTURE of blockchain tech will be? $BURST has it, time to see what the fuss is about!

$BURST - The developers of this technology, did it with NO FUNDING! Beating other teams to Automated Transactions, and Cross-Chain transfers

$BURST - Not Pre-Mined, not insta-mined, but MINED WITH HARD DRIVES of the good crypto community! Become part of the future!

$BURST - Like being decentralized? We have decentralized ESCROW, ASSET EXCHANGE, MARKETPLACE, and Trustless Contracts!

$BURST - There's no limit to what can be built with the technology $BURST has! Breaking World Firsts time after time, come see why!

$BURST - You can mine with a bunch of power hungry processors, GPUs, or ASICS, OR... you can mine with HARD DRIVES with $BURST!

$BURST - All you need is a strong passphrase, and you can make a wallet with the capability of sending coins from one blockchain to another!

$BURST -  worry that your favorite exchange will get hacked? That can be resolved with $BURST - Decentralized exchanges are possible NOW!

$BURST -  Want to sell something? Hate eBay? Try the Decentralized Marketplace that's part of the beautiful $BURST wallet! Escrow too!

$BURST -  The reason you haven't liked mining so far, is because you haven't mined ON YOUR HARD DRIVE, See why it is the best mining style.

$BURST - All of the tech that everyone wants, $BURST already has. The time has come to see what the FUTURE of blockchain tech looks like!

$BURST - The time for Decentralization of the internet is here. Automated Transactions are the future, and they're already in $BURST!

$BURST - Extra hard drive space? Sitting there doing nothing? Put it to work mining $BURST, and turn free space into free money!

$BURST - The difference between wishing you had it, and already having the features you want in a blockchain tech. Automated Transactions!

$BURST - The following are the First in the world for crypto - HDD mining, Automated Transactions, and Atomic Cross Chain Transfers!

$BURST - How much was your last power bill, SHA and Scrypt miners? Why not try something else, HARD DRIVE MINING with $BURST! #freemining

$BURST - Want to be part of the biggest thing in crypto? Be part of the $BURST community. The world's first Automated Transaction enabled CC. #Burst can be mined at http://burst.mininghere.com

$BURST - Be part of the biggest thing in crypto? Be part of the $BURST community. #Burst can be mined at http://burst.mininghere.com

#Burstcoin mining is easy. Use plenty of your hard disk space. Let your computer work for you. #Burst can be mined at http://burst.mininghere.com

#Burstcoin is the only cryptocoin, that can be mined with affordable hardware: your existing PC and a harddisk. http://burst.mininghere.com

Network size slightly improved.

Only one Tweet to re-tweet found.

I haven't officially started anything yet, wanted to get a gauge on reaction from people.


I would be the one putting the asset out, the point of doing an initial release as something small, would be both to do a small intro in case of failure, and to see how things go overall. I would make sure that if it were something I put my name on, it would be something I would be able to bail out in case of a bad outcome.

yes, boba, this means that it would be ME that would fix the problem should one arise. I'm far from anonymous.

But I don't think bit would screw me. I know how most of you feel about him, but I don't feel that way.

Pool Statistics
Current time: 2015-09-11 22:40:28 UTC
Block: 141,746
Difficulty: 5,810
Est. Networksize (PB): 6.0927501270687

Do you have a new asset? Why not put a ANN in the AE thread?

https://burstforum.com/index.php?forums/asset-announcements.56/

---

Also we got a 5 day average and it turns out we generate ~0.2373% /day and ~7.3695% /month
https://burstforum.com/index.php?threads/ann-income-asset-decentralized-referral-empire-based-income.839/page-4

---

Also the security certificate of the burst forum has expired. I think It should be renewed or fixed.

---

Also I think that we should start using the burst forum too, this thread is too little to debate/explain/communicate with eachother, and it gets pretty crowded. After all we got a burst forum too!

https://burstforum.com

The asset pays weekly, there will be no buy wall as this is a mining asset, the only way we would need to buy it back is if the mining unexpectedly failed. The way you would cash out aside from getting your money back letting the asset mine, would be to trade it.

personally i would not trust bitladen, he has shown that his morale is if he have the ability to do something bad to others and they cannot retaliate, then he is on morally sound ground to do the bad thing.

my philosophy and morale is more along that i won't do anything bad to others even if i can. (bad being breaking an agreement, stealing stuff, or cheating or misleading people on purpose)

my philosophy is also to try to avoid dealing with people who i fear would cheat me, unless i have a way to retaliate. In general i just don't trade with them, cause all the paperwork is tedious

on the other hand i would have no problem trusting crowetic, i have never seen him run from his promises, so he has a lot of trust from me.

The two combined, i don't know, it would come down to how well crowetic had shielded himself from bitladen trying to cheat. I might choose to invest directly in some of crowetic's assets instead of the new one, to avoid being hustled by bitladen.


Other people have other ways of measuring risk and doing deals, i am sure it is perfectly possible to deal with bitladen and have success with that, all you have to do is watch your back a bit more than usual. He has shown that he have no problem taking advantage of a temporary situation to make you do things you don't want to do. If you don't give me your toy, i will destroy it kind of behavior.

You are not holding coins and talking about future of it? What are you doing in this topic? Want fast profit and leave?
I am holding ~3% of all burst.

For example

1) Miners should definitely put some more money in, and upgrade their equipments

http://www.ebay.com/bhp/10tb-hard-drive

2) Investors & speculators need to invest in BURST

3) Innovators & entrepreneurs should open new assets, that represent legitimate investment methods or services
(people could set ads on their websites and distribute the revenue between shareholders, I`m sure there is nobody doing this in BURST yet, so you got 1 tip)

4) Developers & programmers, should check the code, and work on it to improve it, while consulting with the other users frequently

5) Other users should atleast put BURST in their signature/avatar/personal text, and promote it on other threads, to get new members to help our community!


Follow these 5 steps, and BURST will be succesful! 

depends on how you define cloud.
if you speak about rented machines maybe not but there are some people i know who hooked up a couple of machines mining in the one pb region all together.
if a rented cloud is profitable depends totally on the prices. the best offer which i have found is about 5$/TB a month in 16TB chunks (unformatted).
https://www.hetzner.de/ot/hosting/produkte_rootserver/sx60

if you know the right people you may get this much much cheaper if you buy spare capacity.
then running a pb costs about 1000-1500$ a month.
at current btc exchange levels you still run it with about 70% loss if you directly dump but if you would constantly buy for 2 btc each month you could not get it such cheap for long since only from yesterday to today about 4m burst left polo as regular withdrawals.



 

But it's still like a 500-1000$ invesment or around that. I dont know exactly how much a 10 TB harddisk costs.

More people should do the same, and slowly but steadily, we can save the coin, and not just save it, but make it prosper!

Agreed... there should definitely be some requirements that should be met -- inclusive of the information you mentioned.

So again people should trust and give someone they dont know their money. If bin just disapear the money is lost and everybodys crying.

Dont be so foolish. You need the real name, the real adress, clear terms, clear what happens with you investment if the. Asset shits down...that you can take leagsl cations if nessesary.

Buying and Selling of an Asset?

how can investors cashout?