Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 532. (Read 2171056 times)

statistics tells me that statistics, and ROI apparently idiot does not care or rather risks collapse and failure or the opposite quite profit taking , maybe the strategy is this, I will squeeze the network so that people will purchase coins instead of mining prices will rise (substantially) and I will sell coins for quick profit and then exit the whole operation (except this is not working,, so he/she is facing BIG financial ruin),  in any case monopoly has been established but at very low prices! but seems the indvidual is pushing for even higher accumulation , but then clones are his next biggest risk.. but hey ain't ma' money!

anyways.. see you another time.. please do not see this as negativity but rather due diligence , thanks!

People I'm afraid that BURST was raped by botnet now 
I simply can't find any better explanation for the huge diff increase last week. BURST botnet is much  more difficult to detect than CPU/GPU botnet.
That pretty sucks. 

how can you be sure, thats one person?

and if, why should this affect the coin negativ?
Everybody wants to make money with mining. Noone makes such an invest, that have no ROI.....

sure,

but is a different between a prediction, that there are clones or that i say more or less... this coin is dead because....

this will not help the coin. people will ask themselfes, if they should stop mining, when someone says, the network ist overtaken oder the coin will soon be wortless..

such predictions do not belong here. if there are proves, ok, but if not .....

thats what i want so say.

fuck, i must pee   thats now fact.

Someone else has already proved that (so I promptly disconnected my drives. it does not makes sense mining without at least 200 T to 500 T and this is too much for this stage of coin existence not to mention expense)

On can attempt to purchase coins, at 123 sat it is rather low, so like multipools mining something else and buying BURST
but danger of course is the "2-digit" , but please everyone should do their own due diligence and this is not FUD

as fas as clones.. good think about that is diversification and re-use of hardware plus competition sparks innovation

below from couple of days ago

"

Here is my calculation:

Total blocks in the last 24 hours: 350
Blocks found by these new solo miners in the last 24 hours: 123 (35,14%)

Total blocks in the last 48 hours: 708
Blocks found by these new solo miners in the last 48 hours: 259 (36,58%)

Total blocks in the last 72 hours: 1069
Blocks found by these new solo miners in the last 72 hours: 354 (33,16%)

These numbers are equal with the diff increase in the last few days (approx. 35% - 40%).

"

u are only making prediction about clone. It's not a fact. If it becomes a fact , u can start another prediction.

Is like saying u gonna pee tomorrow for sure but I am only making a prediction that u will pee tomorrow. For all we know u get hit by a truck and die on the spot without having a pee.

that sooner or laster poc clones are comming is for sure....

but everything else..... he sould show us here some proves or stop talking....

noone will help empty words here.

prediction don't need proof. Its just guessing and not a fact because if it's a fact it would already happen and if it already happened we will have another prediction. People like to make prediction in crypto. It's very common. Every single coin there is always someone doing prediction. If fact , it happens a lot like stock market , gold , oil , etc.

thank you that you saying this the second or the third time here.

have you any prove for that?

o sorry to hear that... do not switch to solo all by now are aware that someone (I called him/she and idiot because he/she has taken over the network, now it seems 24/h, we see spike of 15 peta bytes and at that level, 10 TB will produce fractional cents daily while risking drive failure over extended period of time)

not being negative at all it is a very unfortunate situation (it would much different and healthy if by the action of 100's or 1000's real user accounts  such a network capacity was produced), checking price (I also said this situation will drive price down to 2 digits, before that you might see subtle price movement (sell orders from multiple accounts but originating from one individual)

123 sat.. high price only because not even idiot is selling, very likely being in the negative FIAT if he would to do so idiot is waiting and hoping but I doubt he/she will wait for very long  as there is real danger of POC clones next year and then really 2 digits super fast, best of luck to you and have a wonderful weekend

Not really I was getting 2k to 2.5k solo mining until someone hacked my burst id, and stole all my burst coins. So I decided these past 2 weeks to move over to pool mining with my 6tb and make a whole new account with a huge password this time, and Im getting about the same 500 to 700 burst a day. Im thinking about switching back to solo mining. I was doing better. there.

that is a lot, congratulations, however top address collects 1000's per hour, really healthy situation, you might as well put that 4TB to some good use, otherwise u spin it for 0.001 cents a day (and every spin wears its magnetic surface off), checking current market price... let's see

great job.

thanks

Pool Statistics are now in Public Beta. -> http://burst4.me/poolstats/
Please have a look and tell me any strange data. (Statistics are still being generated, Reward Assignment is only aviable from today on)

OMG!
I get 680 burst from pool.burstcoin.io on 4TB plots for last 24 hours!

Announcement
This is a big update.
I've rescheduled a lot of things to happen way sooner than what was originally planned.
This has only been possible thanks to the support of the investors that are believing in this project.

Phase 5 has been deleted, and Phases 3-4 properly reworked.
The first dividend payout will happen the 18th of December, a month sooner!
Then a 2-week schedule will start on the 7th of January (may slightly change) covering the Phase 3 time-frame during which early investors (Phases 1-2) will ROI.

The maximum amount of shares per investor has been increased to 100, so if you want to get some more, feel free to do so.
If you are a new investor instead, and you are wondering whether or not the first payout will include you, the answer is: absolutely yes! just grab your shares before the 18th of December.

All the details are explained in the official thread on BurstForum, as usual.



Update v1.2.0 - First Payout Date
Burst Long Term Price Support project
(BLTPS)

Changelog
v1.2.0 - 05/dec/2014
First dividend payout is set to happen 18/dec/2014
Phase 3 has been completely reworked, it will be used to make and track early investors ROI and reinvest with what remains of the Cloud Mining profit
Price of BLTPS shares will stay 0.01 BTC 'till the end of Phase 3
Increased the maximum amount of shares per investor to 100 (i.e. 1 BTC value)
F.A.Q. Section updated
Project Details section updated

Investment Status
Share value: 0.01 BTC - Sold Shares: 412 - Next goal: 650 405 250
Booked Shares (waiting for payment): 60
Hashrate supporting Burst: 647 MH/s (LTC)



A couple of notes
If you already are a BLTPS Investor and want your nickname to be shown on the investor list, just write me a PM
If you have more questions that you want to be added to the F.A.Q. section, just ask them

Thank you for the explanation kat.

Directly from blockchain querying the client api. The script uses 360 blocks when it states 1 day, it does not care about timestamps (ie its a 1day as far as blockchain is concerned, not necessarily real time).

no, this fair for big miner
i has update on my topic https://bitcointalksearch.org/topic/m.9729463
deadline limit on my pool about 60day
spam or small miner < 200gb very hard to get shares

how many blocks are currently used to calculate the diff?
i know it has been announced several hundred pages earlier but the number of blocks in this calc has been increased due to massive generation time variances in the early days.
as i understand the network size estimation it is absolutely based on the diff.
i could setup my own calc but just want to ask if you could adjust your scripts to look at the last 360 blocks instead of last 24h.
do you extract your own data from the blockchain or is it from the blockexplorer?