Petabyte should be renamed 12 terabyte, to better reflect what it's backed by ...
Assets are not like a deposit account - like any stock, you get paid out for the amount you hold on the day they payout.
So you calculate everyone interest on the amount of 12Terabyte they hold every single day, then pay it out monthly? But sometimes pay people who don't own any 12Terabyte, have to assume that payout came out of someone elses interest. So in reality, you pay 12 terabyte holders a random guestimate of how much they kinda might of earned. Got it.
Thanks for the clarification.
Why should it be renamed to 12 Terabyte? It is an asset of 1024 Terabyte, didn't you read the description? Ahh, here we go, that is your weak point? You cannot read! ;-)
Because you don't have 1024 Terabyte. Based on the blocks you're winning you have 12 TB of mining backing your asset.
We pay out the mining result of the day to the asset holders of the day. Simple, right? Too simple to understand, right? There is no INTEREST, there is MINING RESULT.
Then how do you payout to people that don't hold your asset, and then publicly demand they repay you ?
At the beginning I calculated it by hand, and prompt I paid IronTiga twice. If you are a programmer, you will certainly make a check by hand or other means, wouldn't you? I know, IronTiga needs money, ...
Good calculating, so who did you underpay in order to double pay tiga? Who's script by the way, is working great for many other running legitimate assets.
Whats with the network calculation? Since you quote 12 Terabyte, somewhere you must have got that, or just dreamed of numbers? (more likely anyway)
NetDiff (network difficulty = Estimated size of network in TB, based on last solution time) is calculated by Block0_BaseTarget / Block#N_BaseTarget = 19,215,358/basetarget
What does Haitch GVDF and Haitch ACGB mean?
For me it sounds like the group of hacked computers / botnet you use for.
No, they're the two different account I mine with (BTW you missed BURST-5CYJ which is an account I test stuff with) (They're also my Illuminati ID's - but don't tell anyone). One is a miner with an esata external chassis, the other is a miner with a homebrew SAN. I''ll post pics of my stuff, you willing to post pics of your Petabyte of mining storage? ;-) Didn't think so ....
Since you always pick on my, choose another one:
Pool Statistics
Current time: 2015-09-02 11:48:21 UTC
Block: 138,366
Difficulty: 10,457
BURST.MiningHere.com
Pool balance: 67,773
Registered Miners: 280
burst.ninja
Pool balance: 15,171
Registered Miners: 399
burst.poolto.be
Pool balance: 4,127
Registered Miners: 254
cryptomining.farm
Pool balance: 205,662
Registered Miners: 1,863
DevPool v2
Pool balance: 584,788
Registered Miners: 551
mining.tompool.org
Pool balance: 1,586
Registered Miners: 56
pool.blago
Pool balance: 571
Registered Miners: 113
pool.burstcoin.de
Pool balance: 24,336
Registered Miners: 120
pool.burstcoin.it
Pool balance: 77
Registered Miners: 52
I just noticed, that your boss's pool ninja lost some REGISTERED miners again. What a pity!
OMG, ninja went from 400 registered to only 399. IT'S THE END OF THE WORLD. ;-) I don't know why you think Crow is my boss, I work for no-one when it comes to crypto. I'm paying out of my own pocket for resources to support the dev/core team, what have you done for Burst other than being the Posterchild for crypto scam artists? People can't see your pool stats without registering, but registration is "not currently available" for, 3 months now - or is it longer? And yet, despite not being able to register and see any stats, 280 miners pointed their miners at your pool, yah, right.
What's your opinion on the pool balance? in relation to registered / actual miners? I also asked that a long time ago, but figured it out in the meantime.
I have no opinion on that. The pools I mine with pay me out, make the payout amount transparent to anyone. Unlike your pool. Which discloses nothing. Your pool uses the pool code even the author of that code has disowned. That has known issues with failing to pay miners. And you hide all the info about your pool. Yet you maintain hundreds of miners, but your mining capacity seems to be tiny (12TB) based on the number of blocks you win - oh yeah, that's right, bot haven ....