Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 257. (Read 2170648 times)

and price continues to slump ... awesome! Thanks dumpers!

and the block reward decreased, Reward 5,987 Burst , it is perfect

in general many miners, utilize CPU cores for BURST while at the same time mining GPU coins in parallel , there is some cost in terms of GPU hash resolution as  byproduct but not dramatic

network hash capacity is holding nicely, wide distribution of coins is occurring across the board

we briefly touched 25 peta network size (estimated) all of you should check VERT as an example for what can happen at any time

and if they do change the name, does that mean that you're going to make a whale pump, straight up?

I have mined burst from the beginning and have enjoyed seeing the ecosystem evolve with better miners, plotters, and assets but in the bigger picture it feels like one area of concern is a disconnect with what is happening with the longterm development and marketing plans to move it forward. Maybe I am missing a blog or news section somewhere where these things are listed.

It does not help matters with the Dev being very much disengaged from the community and/or very infrequent posts to this thread.

Is there a timeline for POC2 where HD space can be utilized?  Siacoin just came out this week where you can mine with GPU and pay for decentralized storage.  This is not to mention Storj and Maidsafe which will be coming to market later this year which will really make Burst irrelevant.  In the current state of Burst i see it struggling to compete with these other solutions that make use of the storage space instead of simply fill it with nonces to hash on.

Props to crowetic for all he has done for Burst, this would probably be completely dead if he was not here.

If you stop dumping on Poloniex every single day the price will have a chance of increasing.

Increasing the block reward won't help at all, because you'll just sell all of that too.

Why don't you save or invest in assets little bit like the rest of us?
All I see is take, take, take and a little bit of talk, I think it's time for you to actually give a little bit back!

Why are you even here, you clearly don't need the money?

please move to http://pool.cryptomining.farm

I'm sorry, but this remains a hypothesis. How did I destroy the coin?
Instead of coming up with this nonsense, why did you not support my idea of increasing the block reward? It's clearly what the coin needs.
You are making this statement today, by quitting it. The reward is not enough. By now the hashrate should have reached 50PB, but the current block value is not supporting this, and it keeps decreasing, both the block reward value and the coin value.
Nobody has even bothered making some buy orders. No wonder it's going down. Everybody held till they can hold no more then dumped and withdrawed.

I could port the dcct tools to windows. In fact blago is dcct port, but very cheesy and buggy. I can do a proper one, it's not too much trouble.  But since nobody here is supporting me, don't blaim me for not contributing.

Thank you

I can't connect to http://cryptomining.farm/. It seems there is a problem with DNS - the name doesn't resolve.

Alright guys, I'm out. I finished selling off all my HDs of 100TB and I'm going back into GPU mining. I put alot of my eggs into one basket with this coin due to the uniqueness and market stability and that turned out to be a mistake, which was something I was contemplating at the time. This coin was being held together by the community not selling and at the time I got into it, there wasn't a big wig swinging around his hash dumping on the network whenever he feels like Burst needs to 'generate volume'.

As I hypothesized a few months ago Bitladen is going to destroy the coin. There isn't a large investor that doesn't want to keep reaping rewards.

ROI is just way too high right now and there is no way I can make anything close to what I paid for the HDs back anytime in the near future (>3 years). GPUs provide more opportunities and also resale. My HDs sold so easily because they are still under warranty, if they weren't it would be a completely different story.

I think PoC is a solid idea, but it needs multiple coins under its belt, flushed out development, more features, more solidified and easy to use mining experience, streamlined wallet, and dedicated development (NOT MARKETING). I think this is one of the few coins I've seen that has a huge marketing team and only one person on development who seems to do this as a side hobby.

Adding complications to all of this mining solo seems to generate less blocks (yes I have a statistical baseline for this now) then mining on a pool. I'm not exactly sure why this is, but it either means shenanigans are a foot or there is something wrong with the network. I've never received more coins then the calculator show (which should happen from time to time due to 'luck) and always have received less. I think I've always received ~80% of the coins I should each month on a pool and ~50% solo with optimized miners and <45s mine time. This gets a lot worse every time a new version of the coin comes out. The Blago miner is good for a solo dev project, but ultimately quite inferior to the DCCT miner which wont be ported to Windows for elitism sakes. This leaves anyone who is using it to suck up all the fastblocks effectively exponentially increasing mine yield for fast miners, specifically people using the software.

Further annoyances, the network continues to grow and not on a small and gradual level, someone is continually tacking PBs on the network which is making ROI, the market, and profit horrible.

I ended up taking about a 25% hit on my assets switching out of this coin through fees and depreciation, something to very much keep in mind.


Overall the experience here has been very positive and the community is quite helpful. It actually makes me feel bad leaving this coin, but hard choices. I really do hope the market rises and Burst becomes much more successful, but for me as a miner and a investor it's not working. The risk is far too great and the outlook is bleak. Much luck to you guys in the future, maybe I'll be back... But I've been through a lot of coins before I came here and I'm sure many more after I leave.

This forum does that to the bit.ly stuff. I guess they can be used to hide a bad link.


Dunno what the forum allows for....have u tried ow.ly?

http://ow.ly/O3sIE, yip, seems to work.

But anyway, here's a nice and short link of it: http://burstcoin.info/b/1

My I ask why the link is suspicious? It directs to this blog post, but I found the URL a bit long for the my post:

http://burstcoin.info/blog/index.php?controller=post&action=view&id_post=3


Do you have a URL shortening service to recommend?

Regards,
Karl Perkin

Seems to do that to bit.ly links...if that is one

Hello again,

I forgot an idea of mine. If it's possible to have a newsletter send out automatically each time new content is available on the blog (or the site in general), I believe it could be very beneficial for our cause to get Burst in a larger extent noticed in media.

To get more noticed and with a higher volume on the exchanges is key if I'll invest substantially in the coin, despite all it promises and splendid features.

Until next time, warm regards,
Karl Perkin

Hello again,

this is Karl Perkin. Tonight have started the Twitter campaign, which will be followed by many others to show the benefits of Burst, POC and the coin's amazing features (although the last one need a litter better packing).

If you could consider reviewing the tweet's written tonight and retweet if you find anything interesting? Tweets are here: https://twitter.com/karl_perkin

I also tweeted directly to a number of crypto news organizations regarding Matthew Czarnek's thought-provoking new blog post on POW/POS vs. POC. You find the post titled "Why Proof of Capacity should be taken seriously" here: http://burstcoin.info/blog/index.php?controller=post&action=view&id_post=3

Tweet's to cryptocurrency and broader news media can be found here: https://twitter.com/karl_perkin/with_replies Please retweet if you find anything interesting or join the campaign to make Burst more acknowledge in social media.


Lastly, I'm happy to see that the dev-team took my criticism in good spirit: The rabbit (?) is now replace with a Burst logo.

Until next time, warm regards,
Karl Perkin

Great idea!! More stuff like this

Not as easy as a wordpress theme... Hopefully now as I redesign the site it will be easier to just use php to convert the language. Then we only need translations of some json, nothing else.

Firstly, thanks a lot for this, all community efforts are greatly appreciated.
Secondly, you mistyped the URL, burstcoin.sk
and finally, if you'd like to use the .info layout for your site as well we should be able to arrange it. Though, I see you have made additions of your own. If you'd like to keep the site as it is there is no problems with that

EDIT: Edited my quote so the link is correct now.

Yeah I'm pretty confident myself about BURST future
Right now I'm selling and buying just to make volume increase and of course to make a little profit  

I've got about 1.8 BTC in buys placed right now, but I'm awaiting some payments to place much larger orders.

That sell wall shouldn't be a problem, even if it is just me that buys it soon.

Don't worry, there's no fear here, if big miners wanna dump, let them. For one there isn't much we can do about it anyway, and for two it just means cheap coins for everyone. Down the line they'll regret selling so low, and the ones who purchased will be very happy people.

I mean seriously, look at the other coins in the same price range, and ask yourself... what do they have that BURST doesn't? The answer is... nothing.

In fact, BURST has more than any other coin, by far.

Even just based on those facts, BURST will succeed. But there will be many other things that come along, and more PR and various other things too.

This is a time to accumulate. That's what I'm doing, that's what everyone should do. BURST at less than 100 satoshi is ridiculously cheap.

I have friends who bought in at 220-300 sat and THEY aren't even worried about it. Everyone knows the future of this coin.

I have no worries at all.