[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 423.

q327K091

legendary

Activity: 1792

Merit: 1010

Quote from: xizmax on February 08, 2015, 09:53:53 AM

Quote from: q327K091 on February 08, 2015, 09:45:33 AM

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

Quote from: q327K091 on February 08, 2015, 09:45:33 AM

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low

, I am long on Burst. However, I do agree it is risky trading now.

veeeery scary I am chicken ko ko ko

xizmax

hero member

Activity: 527

Merit: 500

Quote from: q327K091 on February 08, 2015, 09:45:33 AM

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve Cool

Have any more info on this? I do not really follow cryptonote. It could potentially be interesting for Burst as well (eventual ACCT??).

Quote from: q327K091 on February 08, 2015, 09:45:33 AM

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

I have rebought quite low

, I am long on Burst. However, I do agree it is risky trading now.

q327K091

legendary

Activity: 1792

Merit: 1010

cryptonote coin(s) will be adding smart contracts and saying this will raise value of the coins, just saying you are ahead of the curve Cool

btw I would be afraid to sell for the purpose of re-purchase right now, as coin like yours can easily "escape velocity" and one could lose big time like 30% 50% of coins, seen it before...

not worth it, have long term outlook on this, btw seen network capacity spike to 20 P at some point, also block reward is going down again, it is going to be even MORE expensive equipment wise to mine

ha! I see someone is playing big time games with ya' all Cool

180 sat on bittrex , could be same person causing "dynamics" selling and buying own coins , well there you go good opportunity to purchase on low as I don't see diminishing mining activity in fact people are adding drives as per increased network capacity

seasonw

hero member

Activity: 714

Merit: 500

Quote from: xizmax on February 08, 2015, 08:41:01 AM

Quote from: mirny on February 08, 2015, 07:56:14 AM

can this affect burst?
https://www.reddit.com/r/CryptoCurrency/comments/2v5ibq/altcoins_susceptibility_to_openssl101k_attack/

Well, Burst is not based on bitcoin rather on Nxt. I believe nxt uses jetty which in turn uses Java Secure Sockets extension which is not related to OpenSSL. So I'd say unless you are on *nix and have specifically used OpenSSL, for example to access API via https you should be ok (is this even needed/possible for Burst?).

If this is the case, I'd surmise the number of affected people should be pretty small and the rest of the network would just reject their blocks without causing major issues.

For final confirmation please wait for someone better versed in all this than me

.

This OpenSSL is really buggy, it is not the first day it had security issue. And also affected all android apps once last year.

xizmax

hero member

Activity: 527

Merit: 500

Quote from: bmgbmg on February 08, 2015, 09:10:58 AM

It wasn't me dumping just for the record.

Ahah, I like your style mate

The 16 mil dump from a few days ago was one of the early, and major, adopters (courtesy of burstdev forensics).

Today's dump I do not know who is behind.

Quote from: kurairaito on February 08, 2015, 09:20:45 AM

Hey,

I'm late, but I'm in. It sound promising.

I plotted 1T in about 24h, and currently plotting another 2TB local disk and 8TB on my NAS

It is not late to join a good thing. Welcome, if you got questions feel free to post here or join in building more activity on burstforum.com

kurairaito

newbie

Activity: 36

Merit: 0

Hey,

I'm late, but I'm in. It sound promising.

I plotted 1T in about 24h, and currently plotting another 2TB local disk and 8TB on my NAS

bmgbmg

sr. member

Activity: 350

Merit: 250

It wasn't me dumping just for the record.

coinits

legendary

Activity: 1582

Merit: 1019

011110000110110101110010

Quote from: xizmax on February 08, 2015, 08:45:11 AM

Quote from: coinits on February 08, 2015, 08:41:18 AM

Quote from: go6ooo1212 on February 08, 2015, 08:32:55 AM

Some people dumped 6.7mln coins(11 BTC worth) on polo to lower the price to buy more and more cheaper...

Be wary of Bob Surplus and Ryan Pumper. They have their little gangs to pump and dump. There are many others too. The economy has to be such that an 11 BTC pump or dump has little to no effect on price. 30% drop smacks of manipulation.

I think it is quite obvious some people have been messing with Burst the past few days. I have made some nice trades in the meantime riding the waves. I guess it is just a question whether you're long on Burst

If some early adopters liquidated parts (or entirety) of their assets (and I do know some have), I sure do hope it got distributed to more people than just p&d groups

I have sold some and bought more. It is good to keep the economy of the coin active on the exchanges (for now). This smacks of a P & D though.

xizmax

hero member

Activity: 527

Merit: 500

Quote from: coinits on February 08, 2015, 08:41:18 AM

Quote from: go6ooo1212 on February 08, 2015, 08:32:55 AM

Some people dumped 6.7mln coins(11 BTC worth) on polo to lower the price to buy more and more cheaper...

Be wary of Bob Surplus and Ryan Pumper. They have their little gangs to pump and dump. There are many others too. The economy has to be such that an 11 BTC pump or dump has little to no effect on price. 30% drop smacks of manipulation.

I think it is quite obvious some people have been messing with Burst the past few days. I have made some nice trades in the meantime riding the waves. I guess it is just a question whether you're long on Burst

If some early adopters liquidated parts (or entirety) of their assets (and I do know some have), I sure do hope it got distributed to more people than just p&d groups

coinits

legendary

Activity: 1582

Merit: 1019

011110000110110101110010

Quote from: go6ooo1212 on February 08, 2015, 08:32:55 AM

Some people dumped 6.7mln coins(11 BTC worth) on polo to lower the price to buy more and more cheaper...

Be wary of Bob Surplus and Ryan Pumper. They have their little gangs to pump and dump. There are many others too. The economy has to be such that an 11 BTC pump or dump has little to no effect on price. 30% drop smacks of manipulation.

xizmax

hero member

Activity: 527

Merit: 500

Quote from: mirny on February 08, 2015, 07:56:14 AM

can this affect burst?
https://www.reddit.com/r/CryptoCurrency/comments/2v5ibq/altcoins_susceptibility_to_openssl101k_attack/

Well, Burst is not based on bitcoin rather on Nxt. I believe nxt uses jetty which in turn uses Java Secure Sockets extension which is not related to OpenSSL. So I'd say unless you are on *nix and have specifically used OpenSSL, for example to access API via https you should be ok (is this even needed/possible for Burst?).

If this is the case, I'd surmise the number of affected people should be pretty small and the rest of the network would just reject their blocks without causing major issues.

For final confirmation please wait for someone better versed in all this than me

.

mirny

legendary

Activity: 1108

Merit: 1005

Quote from: coinits on February 08, 2015, 08:28:27 AM

Quote from: mirny on February 08, 2015, 07:56:14 AM

can this affect burst?
https://www.reddit.com/r/CryptoCurrency/comments/2v5ibq/altcoins_susceptibility_to_openssl101k_attack/

Solution is simple. Switch to Windows OS

it's not complex solution

go6ooo1212

legendary

Activity: 1512

Merit: 1000

quarkchain.io

Some people dumped 6.7mln coins(11 BTC worth) on polo to lower the price to buy more and more cheaper...

coinits

legendary

Activity: 1582

Merit: 1019

011110000110110101110010

Quote from: mirny on February 08, 2015, 07:56:14 AM

can this affect burst?
https://www.reddit.com/r/CryptoCurrency/comments/2v5ibq/altcoins_susceptibility_to_openssl101k_attack/

Solution is simple. Switch to Windows OS

mirny

legendary

Activity: 1108

Merit: 1005

can this affect burst?
https://www.reddit.com/r/CryptoCurrency/comments/2v5ibq/altcoins_susceptibility_to_openssl101k_attack/

bensam123

sr. member

Activity: 423

Merit: 250

@whoever runs http://burstcoin.eu/

Do you think you could add the ability to sort average block time on a weekly and daily basis? Also please add the ability to break down blocktimes into smaller increments. More tools for analysis, the better.

Mergesort

full member

Activity: 140

Merit: 100

Quote from: bmgbmg on February 07, 2015, 06:43:40 PM

How is this an investment, what does the coin do? It would be great if there was online harddrive space you could use with more coins that you buy or mine.

What are people going to use this coin for that the other 700 altcoins or BTC or LTC don't offer?

I'm holding a few million BURST and I'm wondering where it's all going.

Quote from: go6ooo1212 on February 07, 2015, 06:41:17 PM

I should say good-buy. This coin is very promising and a really good investment...

There are some other coins that want to offer online storage like dropbox does. Storj and maidsafe are the ones that i know about. But you have to consider that not one of them have anything running. Only BURST right now lets you farm coins, even though the farming does nothing. The other had a presale and now everyone is wating(also their coins are expensive). Burst really has a chance if it implements online storage first and maybe other services! What makes me really angry is that so many altcoins start with a idea or concept and want funding and backing and start deving afterwards instead of delivering a first product even if it's not perfect. If that's how this works i could start my own coin.

bensam123

sr. member

Activity: 423

Merit: 250

Quote from: daWallet on February 07, 2015, 06:42:33 PM

@bensam123

The optimizer is not only for speeding up the reading process, also to optimize how the hdd reading method. Low stagger equals more seeks.
I have some plots with really low stagger like 1000 and the fastest read is about 10MB/s. With stagger between 8000 to 12000 I have usb 3.0 speed of 120 MB/s. I optimized one plot and it eats more ram that unoptimized with the old java miner.

Yeah, I got that it saves on memory usage. It also appears that maybe I wasn't part of the 'you need to optimize generation' because you have a super low stagger. I didn't start mining burst with lower then a 8192 stagger. I may try higher staggers and see where that goes, but right now it seems like the most limiting factor is my CPU. I've never gotten anywhere close to my drives max sequential read speeds or even random read speeds so far. The GPU plotter is actually a good indicator of how fast your drives can randomly read (since writes are pretty close to the same thing). Plotting for me had about 4x as much throughput.

Also I agree, after moving to alt coins I basically have not touched Cryptsy in a really long time and I don't really miss it honestly.

mmmaybe

sr. member

Activity: 462

Merit: 250

BURST's uptrend from early November continues

If you would like to want to get easy access to news and updates, bit and small, please follow our Twitter at

Also, to make sure you are informed of the big BURST news, our semi-brand-new email Newsletter at [url]http://burstcoin.info/ is an excellent choice

mmmaybe

sr. member

Activity: 462

Merit: 250

It's up to everyone to do the PR/voing to get listed elsewhere - see OP.

Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 423. (Read 2171065 times)