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Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 342. (Read 2170648 times)

sr. member
Activity: 462
Merit: 250
BurstBank.com
Welcome!
Project provides the opportunity to receive 1% of the amount on your burst wallet every day in 15:00 GMT.
(Reward may be decreased down to 0.1% in cause of large amount of involved burstcoins.)
You dont need to send coins, passphrase etc.
You just need to confirm, that you own some bursts (send any amount to yourself).
Goal is long term price support. Hold your Burstcoins and do not sell them!

How does BurstBank finance this?  Roll Eyes
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
BurstBank.com
Welcome!
Project provides the opportunity to receive 1% of the amount on your burst wallet every day in 15:00 GMT.
(Reward may be decreased down to 0.1% in cause of large amount of involved burstcoins.)
You dont need to send coins, passphrase etc.
You just need to confirm, that you own some bursts (send any amount to yourself).
Goal is long term price support. Hold your Burstcoins and do not sell them!

here is what I got from clicking your link to BurstBank

full member
Activity: 322
Merit: 100
i dont know if it is a good way how are you communicate with blago.

i hope he stands over it and uses your hints to bring us all ahead.

btw. i have to say blago is making here a great job and without him, the mining wasnt were it is today!


blago is a complete noob, but I kinda like the guy, he reminds me of myself when I was 12 y.o.

I think it's ok to discuss technical details on the forum, to keep ourselves entertained
hero member
Activity: 619
Merit: 500
i dont know if it is a good way how are you communicate with blago.

i hope he stands over it and uses your hints to bring us all ahead.

btw. i have to say blago is making here a great job and without him, the mining wasnt were it is today!
full member
Activity: 322
Merit: 100
Found, fixed, thanks!  Wink

I see you found both of them.
Here's another one for you. I assume you already tried compiling with optimizations enabled, and it didn't work, do you know why? What's your best guess?
sr. member
Activity: 257
Merit: 255
BurstBank.com
Welcome!
Project provides the opportunity to receive 1% of the amount on your burst wallet every day in 15:00 GMT.
(Reward may be decreased down to 0.1% in cause of large amount of involved burstcoins.)
You dont need to send coins, passphrase etc.
You just need to confirm, that you own some bursts (send any amount to yourself).
Goal is long term price support. Hold your Burstcoins and do not sell them!

Thanks, awesome offer ... do not understand how this is possible ... but ofcause ... i'm in!

Edit: got warned from polo that this is maleware ... so watch out!

So what harm from them? They just know only your burst address and nothing else?

Yep, i hope polo was wrong and this is real!
This check looks good https://app.webinspector.com/public/reports/31343826
sr. member
Activity: 272
Merit: 250
BurstBank.com
Welcome!
Project provides the opportunity to receive 1% of the amount on your burst wallet every day in 15:00 GMT.
(Reward may be decreased down to 0.1% in cause of large amount of involved burstcoins.)
You dont need to send coins, passphrase etc.
You just need to confirm, that you own some bursts (send any amount to yourself).
Goal is long term price support. Hold your Burstcoins and do not sell them!

Thanks, awesome offer ... do not understand how this is possible ... but ofcause ... i'm in!

Edit: got warned from polo that this is maleware ... so watch out!

So what harm from them? They just know only your burst address and nothing else?
sr. member
Activity: 257
Merit: 255
BurstBank.com
Welcome!
Project provides the opportunity to receive 1% of the amount on your burst wallet every day in 15:00 GMT.
(Reward may be decreased down to 0.1% in cause of large amount of involved burstcoins.)
You dont need to send coins, passphrase etc.
You just need to confirm, that you own some bursts (send any amount to yourself).
Goal is long term price support. Hold your Burstcoins and do not sell them!

Thanks, awesome offer ... do not understand how this is possible ... but ofcause ... i'm in!

Edit: got warned from polo that this is maleware ... so watch out!
newbie
Activity: 14
Merit: 0
BurstBank.com
Welcome!
Project provides the opportunity to receive 1% of the amount on your burst wallet every day in 15:00 GMT.
(Reward may be decreased down to 0.1% in cause of large amount of involved burstcoins.)
You dont need to send coins, passphrase etc.
You just need to confirm, that you own some bursts (send any amount to yourself).
Goal is long term price support. Hold your Burstcoins and do not sell them!
legendary
Activity: 2968
Merit: 1198
Pretty much what equipoise said. We looked at AT and saw a lot more challenges integrating it with Monero compared to btc-style coins.

That doesn't mean we aren't interested in more powerful transaction facilities, but its bit much to take on right now. Of course, it is an open source project and if others want to do the work we'll consider including it.
hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
Probably, but I just want to know if such contacts have been taken before, and if not, if there is a special reason for it.

I think the odds are very, very low at them adopting AT, but it would be huge if they where interested.
I'm not a cryptographer, but I think completely different ring signature implementation of the ATs (https://bitcointalksearch.org/topic/automated-transactions-at-is-changing-things-find-out-more-here-966622) is needed to fit the Monero protocol. The protocol is unique with it's mixing on the protocol level with past transactions from the blockchain and an address is never reused. With mixing > 0 the AT can't know the address the transaction was created from (this could be fixed by hardcoding encrypted stealth address into the transaction). It also can't know which addresses funds are coming from and it also can't send it back to the same address (maybe stealth address could be sent as an encrypted message to the transaction to fix this). A workaround could be possible but it may not be trivial at all (the things in the previous sentence are trivial, but I'm not sure this will work). Monero devs have a lot of work to do (https://getmonero.org/design-goals/) before getting to this. Please let us know if you contact smooth or fluffypony and their answer.
legendary
Activity: 1750
Merit: 1024
Curiously, why doesn't it just tabulate the amount of space you hashed for a block and then do a proportional payout for it regardless of your deadlines? Since it's random, users have no control over their deadlines and can't really 'tweak' them. The only thing they can tweak is speed. How much you can hash within a given time frame is a good indicator of 'hashrate', since size alone doesn't determine how effective your Burst miner is. A block itself simply could be used for the time frame of hashing and the proportion of work for that block.

I don't know if pools can see how much storage someone has, but if they could this seems like the overall best method. Big miner or small it really shouldn't matter, it's all about the amount of work you can do. Block winner and second best deadlines shouldn't matter again as it's random and the whole reason for being on a pool is to average everything out.

You could add a 'historic' element in there too to prevent pool hoping, but that's really not a thing in Burst and it honestly doesn't matter. Someone hoping on the pool for five minutes is just as effective as someone hoping on for 10 days relatively speaking per block (as long as they stay for the full block).

It is not possible to see exact amount of size a miner has, our pool estimates and that is as good as it gets.

Basing payouts off a rough estimation is a bad plan. Right now we base payouts on how many good submissions and how many of the good submissions are lower numbers, and that is how it is paid out. I believe this to be the only fair way to pay miners in a BURST pool.

payment based on what you give, you get what you give. The better you do, the better the pool does, the more you get. The lower shares you submit, the more you get.

Basing payouts (even if we could estimate size perfectly) on size alone is simply not a good way to do things. What if a miner has a ton of space but can't read through it all correctly because they don't have a great processor, they should be paid more than someone who has less actual space but yet provides more useful share submissions to the pool?

I'm sorry, I just don't agree with this method of payout at all. Feel free to clarify if I'm not correct in your suggestion.

It is all about how much you give to the pool. When you base it off share submissions, and give the better shares a better pay, this is how it works, then the miners who consistently submit better shares, get a little extra bonus with the Historic pie, because they give more overall good work to the pool.

I didn't just state size alone, rather size over the block time. Just discarding the whole idea of deadlines having any meaning on a pool because it's completely random. If people could willingly contribute better deadlines with better hardware it would be different, but it's completely random and only factors that influence it are total size and speed.

So how much someone would get paid would depend entirely on how much space they read over the block time. Payouts would vary, especially for fast blocks. Even if someone has 10GB and gets a really fast deadline on a fast block, but someone reads like 100TB in that time frame, the person with 100TB would get almost all of the reward as 10GB will only give you a edge once in a blue moon and all the other time that 100TB will be carrying the 10GB. Vice versa, the 100TB wouldn't have won without the 10GB. If there was someone that was also reading their 200TB plots in that time frame and only got through 10GB of the 200TB during that block time, they'd get paid the same amount as the other 10GB. Because how much space you have doesn't matter if you don't read through it in time.

How is space estimated? Based on the number of deadline submissions you make?

The whole idea of a pool is to smooth everything out and average it out. Not add spikes. If a miner wanted a spiky income they'd be solo mining.

I'm not sure why the 'pool' is being seen as a entity. The pool doesn't matter, it's all about the miners. There is no reason for loyalty to a pool in mining unless you're trying to keep people on a pool, but even then, it would have to be a extremely long reward time period and I would probably be less likely to go to the pool as I could go to a different one and get a fair payout faster without having to pay 'dues' first. The only reason there was a ramp up for mining shares in other altcoins is to prevent pool hoping. You can't pool hop on Burst because your deadlines get confirmed by the wallet and are essentially worthless on another pool (although some pools may not look to see if a deadline is confirmed already).


It would be nice to set payout frequency or how much you get paid out. I definitely would rather get one payment per day then a bunch of small ones or a couple large ones.
sr. member
Activity: 462
Merit: 250
Probably, but I just want to know if such contacts have been taken before, and if not, if there is a special reason for it.

I think the odds are very, very low at them adopting AT, but it would be huge if they where interested.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
Regarding anonymity and the refreshing discussion around bitladen today, do we have any contact with monero...? Have anyone approached them asking what they think about ATs in their setting?

fluffypony or smooth are your best bets.
sr. member
Activity: 462
Merit: 250
Regarding anonymity and the refreshing discussion around bitladen today, do we have any contact with monero...? Have anyone approached them asking what they think about ATs in their setting?
legendary
Activity: 1512
Merit: 1000
quarkchain.io
Just install Blagos miner 19.03.2015 edition - couple of posts above...
legendary
Activity: 1820
Merit: 1001
Just had problem with miner crash out again




any idea what the cause of this is using blago miner
sr. member
Activity: 416
Merit: 250
...
Let's just say, amongst many other bugs, that {char blago[50]; return blago;} is just not right. OK? I see Blago commented on me
Peace be upon you!

Found, fixed, thanks!  Wink
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
Also I may have found a bug with Blagos latest version. It's not showing confirmations from dev v2 even though the pool is giving me shares.



Come give us a shot, if you don't like it, let me know what you don't like and we can take a change into consideration.

Curiously, why doesn't it just tabulate the amount of space you hashed for a block and then do a proportional payout for it regardless of your deadlines? Since it's random, users have no control over their deadlines and can't really 'tweak' them. The only thing they can tweak is speed. How much you can hash within a given time frame is a good indicator of 'hashrate', since size alone doesn't determine how effective your Burst miner is. A block itself simply could be used for the time frame of hashing and the proportion of work for that block.

I don't know if pools can see how much storage someone has, but if they could this seems like the overall best method. Big miner or small it really shouldn't matter, it's all about the amount of work you can do. Block winner and second best deadlines shouldn't matter again as it's random and the whole reason for being on a pool is to average everything out.

You could add a 'historic' element in there too to prevent pool hoping, but that's really not a thing in Burst and it honestly doesn't matter. Someone hoping on the pool for five minutes is just as effective as someone hoping on for 10 days relatively speaking per block (as long as they stay for the full block).

It is not possible to see exact amount of size a miner has, our pool estimates and that is as good as it gets.

Basing payouts off a rough estimation is a bad plan. Right now we base payouts on how many good submissions and how many of the good submissions are lower numbers, and that is how it is paid out. I believe this to be the only fair way to pay miners in a BURST pool.

payment based on what you give, you get what you give. The better you do, the better the pool does, the more you get. The lower shares you submit, the more you get.

Basing payouts (even if we could estimate size perfectly) on size alone is simply not a good way to do things. What if a miner has a ton of space but can't read through it all correctly because they don't have a great processor, they should be paid more than someone who has less actual space but yet provides more useful share submissions to the pool?

I'm sorry, I just don't agree with this method of payout at all. Feel free to clarify if I'm not correct in your suggestion.

It is all about how much you give to the pool. When you base it off share submissions, and give the better shares a better pay, this is how it works, then the miners who consistently submit better shares, get a little extra bonus with the Historic pie, because they give more overall good work to the pool.
legendary
Activity: 1750
Merit: 1024
Also I may have found a bug with Blagos latest version. It's not showing confirmations from dev v2 even though the pool is giving me shares.



Come give us a shot, if you don't like it, let me know what you don't like and we can take a change into consideration.

Curiously, why doesn't it just tabulate the amount of space you hashed for a block and then do a proportional payout for it regardless of your deadlines? Since it's random, users have no control over their deadlines and can't really 'tweak' them. The only thing they can tweak is speed. How much you can hash within a given time frame is a good indicator of 'hashrate', since size alone doesn't determine how effective your Burst miner is. A block itself simply could be used for the time frame of hashing and the proportion of work for that block.

I don't know if pools can see how much storage someone has, but if they could this seems like the overall best method. Big miner or small it really shouldn't matter, it's all about the amount of work you can do. Block winner and second best deadlines shouldn't matter again as it's random and the whole reason for being on a pool is to average everything out.

You could add a 'historic' element in there too to prevent pool hoping, but that's really not a thing in Burst and it honestly doesn't matter. Someone hoping on the pool for five minutes is just as effective as someone hoping on for 10 days relatively speaking per block (as long as they stay for the full block).
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