Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 197. (Read 2170889 times)

Thanks! I got them, but the balance still shows 0.

I have sent you 1000 BURSTs to start with.

Add a name to your account.

In case you have not decided which pool to use, try http://BURST.MiningHere.com
View details under Mining and follow instructions.
Set the reward recipient to 10681581906896806002

Good luck!

Wow that is a very fast community!!!

Here is my burst address:
BURST-3CJW-TGLY-W9PV-EYDVQ

It seems they got problems. I will make another one by next week, but for now, just give me your BURST address and I send you some.

I want to start mining, but need some BURSTs. I tried http://faucet.burstcoin.info/
It seems to be broken (or empty).

Is there another faucet available?

Still 0.54807 cheap available

Why would I need to proof "the 28TB", can't you read the web?
You can verify everything with the blockchain you need to know.

End of the story!

Thanks for the response luxe!

I do not  have a  passphrases.txt (I renamed it) and I am using pocminer_pool.jar!
All I'm getting is "Warning: no passphrases.txt found Mining without passphrases is currently not supported"

Is there something wrong with my pocminer_pool.jar?

But Elmit, you still haven't answered, and actually just deleted as "nonsense", my request that you explain why:

1) You won't prove the 28TB you claim is backing you asset
2) Your asset only pays 1/3 of what it should, based on your own claims of what the asset is.

Can you get back to these items and explain please?

Thanks.

H.

Well, we have to make it hard for the techy guys ;P

And oh dear, i just noticed that all the stuff i host is down, i'm on it!

EDIT: Oh dear, looks like ddos.....

That is a really well thought out answer.. thank you.


That part is funny to me specifically... I don't disagree, at all. But, in my case, I've got an old hp thin client (not much better than a raspberry pi in cpu power and power usage, and only 1G RAM), and I've got 4 1T USB disks plugged into it... I think I'm screwing with your ratio.

With bitcoin one can rent heaps of mining power for a couple hours and 51% attack. With Burst it isn't that easy. You first need to plot, and that will take a lot of hours. It's very rare anywhere to find a lot of gpu's hooked up with a load of hdd's. With this setup, it isn't really worth the attack, cause of the massive investment it takes. It's a bit like PoS, by attacking the network you are hurting yourself as well. Attacking the network damages it, and for anyone with plots this is not good. As the netsize increases it becomes much, much more secure.

Economically, Burst is not in a good place. 8PB is a lot storage, if you look at storj/sia's storage goals, we currently exceed them by a lot. Unfortunately our storage is not being used by files, but rather just nonces. But then when you look at storj and sia and maidsafe, their blockchains are either PoS (not my preference), or scypt/sha stuff. This is far from efficient. I believe that if we can get a storage system running on top of burst, using burst (kinda like storj on mastercoin, but using mastercoins for payment). Actually it'd be more like sia. Decentralized storage built in, but also the ability to rather share storage as well. This way people without lots of bandwidth can still mine, and those with lots of bandwidth can earn for storage sharing. A simple application can be built which allows you to automatically "mine" whatever is the most profitable, whether it be getting paid by others to store their files, or it be to mine coins and secure the blockchain.

I realize that most coins use a model of a decreasing block reward, and so does burst. Thing is though, all coins pretty much have the same issue, those who got in at the beginning are making loads, and can pretty much crash the coin due to how much they have. Imagine satoshi dumping all the btc he might have. Or someone else up there. Not good. I think that we should change burst from this model. I'm open to lots of discussion, and would love to hear how the community feels about this. My proposal is to freeze the block reward, and leave it what it is now forever. This will make burst's total supply unlimited, and seeing as the reward is already down quite a lot, the initial buyers and miners still have an advantage, but from this point on it's fair. Although the amount of coins being introduced daily then would remain constant, inflation % would decrease.

Another issue which burst is currently facing is a lack of funding and devs. All the clones have loads of it, and i dunno what to do about it. If nothing happens here then Burst is dead. It's the hard reality of it.

If idiot elmit is going to keep on abusing this thread complaining then all i can say is that he is a really sad person with no respect for anyone. I wrote my own faucet code, so stop complaining elmit. I realize that you wouldn't be able to code your own faucet, but that doesn't mean i can't. I'm actually over all this with you. If you don't stop then everyone's gonna quit. Everyone know's that your assets are a scam, if people still go ahead and buy then, well i can't stop them from banging their heads on a wall.

EDIT: Forgot something I would also likely be for some modifications to make burst more cpu intensive. This would be less efficient, true, but it would also make it harder for datacenters to get involved. Most average users have a lot higher cpu vs hdd ratio. I mean, they have enough cpu power to mine with a lot more hdd space than they generally have available, while currently the algo is quite low cpu, which is great for datacenters. It would also make it more attractive for miners who currently mine scrypt coins and bitcoin, as gpu's would be used more heavily there, giving them an advantage if they buy some hdds

I have to say, I'm loving burst so far, but I have a long term concern.

You guys talk about things like how decentralized burst is, right alongside statements praising new developments like gpu mining.

I can't help but see those sorts of things as counter to each other in the long term.  What, in the future, would prevent relative few whales from putting up massive rigs fast connected to a few petabytes of storage, with GPU's driving utterly ridiculous numbers of nonces?  (working in IT for the last two decades, that sort of rig isn't really too hard to imagine, just damned expensive) 

Meaning it's not so decentralized when you need a minimum of 100T of dedicated storage just to make a dent.  You end up with pretty much bitcoin today, but without the userbase/value.  So, I've gotta ask, if there's something in the economic model that accounts for this?  Or are we just figuring expensive is good? (hopefully in terms of exchange rate too, right?)

[burstcoin-jminer]

As some may have noticed already burstforum.com is currently down.
This is serious, cause there was a lot of BURST related docs and infos.
However, i started a new thread in here, to be able to provide user-support for jminer:
https://bitcointalksearch.org/topic/m.12329106
You can use it for feedback and suggestions, too.

I recovered the old thread from burstforum.com via google cache and put it on github:
https://github.com/de-luxe/burstcoin-jminer/wiki/burstforum.com-thread-recovery

First of all, my family has 3 children. Second of all, the paper is being reviewed by the team. Third, it took me 3 hours to write, but I wanted to get approval of the team before releasing to the community.


Some of the ideas in the paper are pretty controversial, and thus they haven't been fully sided with by the team.


For now, my plan is to write a new OP, make it easier to use, and give some ideas of what is going on right now, and what will happen in the future. Once again, this will be approved by the team then posted to the community.

I don't run this coin myself, I have a very capable team that I work with. Because of this, I don't just post things I think without making sure to have them reviewed by the other members, as they're very important to the project, and I don't want rash decisions by me to make them have ill will and possibly leave.

If you or anyone else cannot understand this, then I'm sorry.


@community - know that we're working on coming up with something that we believe will be agreeable. There are still many things being developed that are great, we just released the windows GUI thanks to daWallet, and luxe has made a fantastic GPU powered miner that increased performance DRASTICALLY. Just because there isn't updating going on in the core of the project itself, doesn't mean that development has come to a halt. Tools for the existing structure of the coin continue to be made, and improved upon. The structure of the coin is there, foundation is strong, and technology is still cutting edge.

Do not let trolls like Elmit sway you from your belief that this coin's mining style and technology is the future of crypto, because it is.

The fact that the coin is open source, means it will live on no matter what, and I for one (and I know at least a few others that are with me here) will not let the project end.

Thank you for your support.


Hard drive mining IS the future of mining, it is the way things were meant to be. It is easy to keep decentralized, and it is power efficient. It is more secure, and it is just fantastic overall. Not to mention the other cutting-edge pieces of software that are integrated into the BURST core.


I hope to have the new OP up after review very shortly. But I do not rush things. I would rather they come out perfect than be rushed and come out less than. Once again I call upon anyone who has any skillset they feel would be useful, to hit us up and join the team. We aren't this super exclusive group, we're originally members of the community who decided they wanted to do more, and give effort to make this coin what we all believe it will be.

Thanks.

Blago! Very nice to see you man.

Elmit, зaeбaл yжe cвoим нытьeм!
sorry, an outburst of profanity...

Question: What will arrive first, your third child or the white paper or the 6 pages you have in the works for weeks?


We don't fix computers, nor do we sell hardware. We not even use fake ssl (or nearly fake ssl) certificates. Only idiots go to a https site and blindly accept a "snake oil certificate". I am sure you do not understand that either!

The PR machinery is still not moving.

Karl seems to have his last tweet on August 18.
real_BURSTCOIN had his last tweet on August 25.

It seems, that not just the dev team has left, but also the promotional team.

In place of that came the "core team" (of janitors???) - another secret society who will tell us how great BURST is, but without YOUR donation, we cannot do anything.
And what a pity, we did not take care of the fund, so somebody ran away with it.

Does this sound familiar to you?

Lets re-cap:

Burst has great features, but shhhh don't tell anybody!

Burst is easy to mine, just your hard disk, even a no-brainer software for Windows users had been created, but the network size goes down.

Burst has AT, Lottery, ..., but the only lottery that was a short time available wasn't active for a long, long time.

A 15 year old boy takes on at Etherium, but the BURST team cannot???

Burst has assets, ....

Burst has crowdfunding, ... but when we look for fundings for a simple promotion, we refer to use other platforms.
BUT, shouting with full lungs that BURST is the greatest, best and will be here forever and longer!!!

Maybe a look at the exchanges will give you an awaken. We dropped to 40 Satoshi, and there is no moving towards the old days of 300+

Burst could not even manage a "white paper" within 13 months of existence.

---

So, either we start now to move TOGETHER, or just call it a day! and lets use our harddisk for other things.

Elmit,

     Thank you for constantly reminding me why the next thread we start will be self moderated. No one wants to hear your blabbering on about nothing and trying to convince people your scams are real and my real honest setups are scams.

It should be fairly plain to see based on trust rating, who is honest.

Please, can you please just stop. I ask you this because I grow more and more weary of your constant nonsense on a daily basis. Thank you!



@Haitch - I don't think he has a botnet, he's most definitely not smart enough for that, what I DO think, is that when he goes on site to 'fix' his 'clients' computers, he likely installs his own hidden BURST miner. Either that, or he is literally just plotting 12TB he has with multiple accounts and making it look like he's got more miners on his pool than he does.