Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 202. (Read 2170889 times)

-[ANNOUNCEMENT]- Second Burstcoin.de Asset
New Asset with 50% Monthly Payout oft the Pool Fee / Highly Secure  

Asset Name – BdePool
Pool URL – http://pool.burstcoin.de
Total number available – 2.500.000
Initial Price –  10 Burst
Asset Number (ID)– 3101115594843807035

50% Payout monthly of the Pool Income made thru Pool Fees - This asset pays out 50% of the Pool Fees monthly.  

50% Instant Payout to Pool Miners - 50% of the Sellprice of the asset will be instantly payed out to miners to make the pool more attractive and increase the pool fee and so the value of the asset. Max. 20.000 Burst a day.

First payout is the first of Juli 2015!

URL: http://www.burstcoin.de/assets/asset_bdepool.pdf

Guaranteed monthly payout! Every first day of the month i will payout all assets. Regardless how long you are owner oft them. Also if you bought the assets one day before the first.

Save Investment! The payouts are covered and backed by my pool system. 50% of the pool income will go to the asset holders monthly on the first day oft he month. If more miners uses the pool, the pool will find more blocks and the monthly payout per asset will go up.

Instant Cashout without loss! If the Pool shuts down, then i will buyback all sold shares to a price of 5 Burst. 5 not 10 because, as written above, i will instantly payout 50% of the sellprice.  So if you are a miner, you will geht instant ca. 50% of the sell price back thru pool payouts.

Burstcoin.de is the name oft the german website of burst, with mining guides, best practises, how tos, a manual for beginners, example hardwares from my miners, scripts for tracking the mining tasks, news over burst, etc. and information for the german community is actually daily added.

Pool.burstcoin.de is the Pool of Burstcoin.de. Hardware Dual Quad Core Xeon with 3.0 Ghz, 24GB Ram, Internet 1GBit with DDos Protectoin, Fail Safe Replicated Host with Fallback, Geo location qfrom Blago (thanks to blago for the support)

Bobafett is my username in Bitcointalk.org and burstforum.com.  I´m mining and investing in Burst since the beginning. I invested over 10000 Euros since now in Burst (bought with btc) and mining hardware. Until now i never sold any of my coins because i really belive this coin has a bright future.

Bobafett is the owner oft the account BURST-AJ63-3W8L-FGBT-2ALZE.

Bobafett is  mining with over 160TB every day and my next miner is acutally plotting. My daily minded income of burst are between 20.000 and 30.000 Burst.

See also my other asset, that pays out regularly: https://bitcointalksearch.org/topic/m.11250838

Calc for June:
100.000 Burst Estimeted income from Pool Fee for June, 50% of that is 50.000 Burst for the shares.
500.000 Assets are out and will be rewarded. The other 2 Mio will NOT be rewarded, because i still hold them.
50.000 Fee / 500.000 Assets = 0.1 Burst per Asset.  1 Asset costs 10 Burst, so the monthly interest will be 1% atm.
If more miners join the pool, the pool will make more income and the monthly interest for you will be higher.

As far as i know, devPool rewards all deadlines below a given target, other pools only want your best deadline and should skip previous commits on better result.

Question for you all...

So I'm relatively new to burstcoin, and I've just started mining recently.

I'm using Uray's Burst Miner 1.1r4 on Ubuntu 14.04, and mining to pool.cryptomining.farm.
I haven't had any problems with the setup that I couldn't figure out, and I'm seemingly happily mining away... (at least my balance on the pool is growing)

The problem, if it is a problem, I don't know... Is when I watch the mining logs, for a specific round, it'll submit a nonce before it's done reading all my plot files, and thus for a specific round I might have 2 or 3 submissions.  They say they are successful in the miner log, but some of the early submissions suck, and my balance for the round doesn't seem to improve a few seconds later when a better nonce submission is made.  So, when my miner submits a few submissions for a given round, am I being credited with the best one? Is this a problem at all?  Is there something I can do to avoid it?

Thanks in advance.

First off, let me quote your asset doc...


Now, where does it say anything about payouts EVER being less than 2%? Could you point that out for me?

Also, where does it say anything about daytrading? Maybe you're confusing your asset with my asset? You know, since you copied everything I did? Could be, right? Because if I am reading this correctly, doesn't it say that your asset is backed by your miners?

These things aren't really making sense to me, but you can keep on with this if you'd like, I've cashed out all but 3,800 of my bdebank assets from multiple accounts and will no longer support this in any way. I don't believe you've been honest and that is more than enough reason for me.

Then doing the placement of that sell wall above the people who were legitimately trying to get out of the asset while the buy wall you promised didn't exist, was a scandalous move, and completely out of line.

You may not be trying to exit at this very moment, but I'm not sure if it is because of me calling you out, or what.

But yea, all of the stuff you've done here made me lose what trust I had in you, and all the respect.

Please put up 3,800 more so I can get all the way out. Thanks. Also, your 1% a month wouldn't set the buy back price at 46.5 either. But it is whatever, I just want to get out.

Thanks.

Can I give some ideas?
1 - Make it simple, I had a few problems to start mining and setup a wallet, there are a lot of documents, create just one with step by step and prints.
2 - Create a new thread, a thread with more than 1000 pages will scare people
3 - A simple thread, with just necessary information in the first page
4 - Fix the faucets, I received a donation for a member to start
5 - Give-away campaign for the new users

Just some ideias

Because i make burst with daytrading for this asset. In this month i had not enougt time and not daily internetacces, so i couldnt sell and buy in the right moments. This and a to fast falling price. In August i made also only a few trades, because of the reasons above, but there where i few really good price increases, so i made a few but good deals.

Asset Name – BdeBank Total number available – 500.000 Price –  50 Burst Asset Number (ID)– 4053085726300717216 2% Interest montly! This asset pays out 2% Interest monthly.  One B.deBank  Asset = 50 Burst. 2% of 50 Burst = 1 Burst / month payout.
URL: http://www.burstcoin.de/assets/asset_b.debank.pdf
Guaranteed monthly payout! Every first day of the month i will payout all Interest of the assets. Regardless how long you are owner oft them. Also if you bought the assets one day before the first.
Save Investment! The Interests are covered and backed by my mining system. If all shares are sold, i have to pay 500.000 Burst  Interest a month. My Miners make average 25.000 Burst per day, whats in a month 750.000 Burst. So the payment of Interest is secured forever. Also i am actually bring up more miners, also, look above, this is covert with my burst account with 8.4 Million Burstcoins atm.
Instant Cashout without loss! Also you can cashout anytime. I will buy back the assets from you. Therfore i will place a buy order for every sold asset with a price of 50 Burst. The price what i pay for the payback will decrease 1% every month.  Buywall will be created instantly after the first sales and adapted every first day of the month.
Burstcoin.de is the name oft the german website of burst , with mining guides, best practises, how tos, a manual for beginners, example hardwares from my miners, scripts for tracking the mining tasks, news over burst, etc. and information for the german community is actually daily added.
Bobafett is my username in Bitcointalk.org and burstforum.com.  I´m mining and investing in Burst qfilsince the beginning. I invested over 8500 Euros since now in Burst (bought with btc) and mining hardware. Until now i never sold any of my coins because i really belive this coin has a bright future.
Bobafett is the owner oft the account BURST-AJ63-3W8L-FGBT-2ALZE and now holding over 8.4 Million Burst and is now Top 11 of all Burst holders .
Bobafett is  mining with over 120TB every day and my next miner is acutally plotting. My daily minded income of burst are between 20.000 and 30.000 Burst.

I just placed a buy back order for 46.5 Burst for 5k assets. thats for small holders that wants to cashout without pn.

Big holders please use pn. i cant place a complete buy back order for all issues assets, because i would kill with such an order the asset trading, also i need this burst for daytrading to earn the interests that i have to payout.

if the 5k order was executed, i will place one again.

But keep in mind, the asset is still the most profitablest investment in the burstcoin world!

Regards
boba

You need to tread lightly there, young Padawan.
It happened on this thread many times before: several people -whose literacy level that doesn't go beyond elementary school- do not like to be corrected.
Also, they don't care - see how the OP still mentions "with it's" instead of "with its", even though it was mentioned several times.
Seriously, don't try to fight a lost war.

Well, I'm a Requirements Engineer so I've tons of experience in technical documentation.  I'm not long out of college, so have little experience is something as technically complex as PoC, but the least I can do is editing reviews.  English is my first language also, so I can fix any grammar or syntax issues   Just keep me filled in if this gets started.

I'm contributing quite a lot behind the scenes already, but I could try to contribute to a short white-paper.

Saying that, I think it is a much better idea if someone else writes the concise Abstract and include the suitable headlines for the paper - just have a look at how others' white-papers are structured and follow that. Then I can probably fill it with some introductory text under each heading, even if I beleive there are people here better suited to do so. But I write much in my profession and is not afraid to try and get the needed critique for improvement.

However, I'm not an expert on the detailed technical aspects of PoC or Burst: Plenty of people here understand those processes better than me and must fill in those spaces. My English is also poor and have to be checked.

 

As an educated man, you could start with the white paper! (Google Document!)

You do not need to write it alone, just start, what should be included in, just headlines and we (the community) could add piece by piece. Some of us have marketing skills, some have technical skills, some have other (not even directly related to BURST) skills, ... Each of us can focus on the skill he has to add to a great document.

Before we show this to others, we could check if we could get some acknowledgement of the (one/two) original developers.

haitch, thanks for taking a look at this argument! Perhaps he should have thought about it one minute more

Houston, we do not only have one major problem, we have several which will decide if this coin has any future.


Despite daWallet's great program (with the celebrated bottom-up approach...) and practically no extra cost when mining, people are turning their machines off.




I think it's time for some radical changes to the core coin and the leadership along with a number of smaller changes. I will not suggest what the changes might consist of in detail, thats something for the devs, but I'm all ears to hear what they have planned for this crisis.


The situation is very, very serious, and such situations may need changes unthinkable only two month ago. We will not need yet another nice tool (to use for the soon non-existent miners) from the software guys. We will need changes of a different magnitude.

It is important that every single idea -- even if it's a re-launch, fork, total re-branding, fund-seeking methods, co-operation, etc.--, is welcomed to be heard.


Whatever the changes might end up in, they necessarily do not have to be "bottom-up" or #democratic" (no, I'm not a Nazi...). We need direction, we need a leader or leaders with ideas, vision and read to make those so needed changes and stand up for them when the critic for this transition comes.

And we as a community should back the ideas, even if they are more revolutionary than we can imagine. Why...? If nothing fundamental is done BURST will be dead in three month with no exchanges.

Because i make burst with daytrading for this asset. In this month i had not enougt time and not daily internetacces, so i couldnt sell and buy in the right moments. This and a to fast falling price. In August i made also only a few trades, because of the reasons above, but there where i few really good price increases, so i made a few but good deals.

Why last month payout was not 2 % ?

Sorry Guys,
I was not online for the last weeks, because i was on a business trip and im back on monday.
Next payout will be again 2%. Eerybody who wants to cash out, pn me.

Regards
Boba