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Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 563. (Read 2171057 times)

sr. member
Activity: 267
Merit: 250
6th BTC reached. Thank you for your support
I thought that PrevBlockTimestamp+NewBestDeadline=NewBlockTimestamp, but:

35943 Blocktime 8720261
-----    New block: 35944
found deadline=2
35944 Blocktime 8720272 (+11s)

Best deadlines are not difference between timestamp?

I think it took your miner 11 seconds to found your deadline of 2.
full member
Activity: 145
Merit: 100
I thought that PrevBlockTimestamp+NewBestDeadline=NewBlockTimestamp, but:

35943 Blocktime 8720261
-----    New block: 35944
found deadline=2
35944 Blocktime 8720272 (+11s)

Best deadlines are not difference between timestamp?
hero member
Activity: 527
Merit: 503
@mmmaybe I am currently working on getting a main site up and running, anyone wants to help, it'd appreciate it and something I'd like to get running asap.

Reward assignments actually open up some interesting possibilities in regards to what can be done, since the entire network knows how many and what users are registered to each pool, and which user found each block for the pool
How do you know that they haven't joined a pool then reused that harddrive space to rejoin the pool multiple times, trying to chat and get a bigger chunk of the pool? Also if they never submit a block, can you tell for sure they are part of the pool?

Ideally you can mine and submit blocks individually but money earned is paid and split between the pool.. would be really nice.. in fact entire network could be a giant pool if you could do that.
sr. member
Activity: 462
Merit: 250
- at what time will 50% of all coins been minted from the present day?
- at what time will 100% of all coins been minted from the present day??
- in 10 months from now;
- in 12 years from now.

see also here: https://bitcointalksearch.org/topic/m.9332945


Excellent, thank  Smiley
legendary
Activity: 1540
Merit: 1096
- at what time will 50% of all coins been minted from the present day?
- at what time will 100% of all coins been minted from the present day??
- in 10 months from now;
- in 12 years from now.

see also here: https://bitcointalksearch.org/topic/m.9332945
sr. member
Activity: 355
Merit: 250
You all don't understand.  Even though tech geeks such as us understand these coins, the general public, being far dumber, does not.  Bitcoin is having enough problems being accepted all across the world.  The general public cannot comprehend more than one cryptocurrency at a time.  And Burst coin sure as hell has no chance of success.

You are not tech geek. You are troll and fud-er. You had big problems with mine this coin from beginning and mine with 10Gb size plot xD
hero member
Activity: 955
Merit: 1004
You all don't understand.  Even though tech geeks such as us understand these coins, the general public, being far dumber, does not.  Bitcoin is having enough problems being accepted all across the world.  The general public cannot comprehend more than one cryptocurrency at a time.  And Burst coin sure as hell has no chance of success.
sr. member
Activity: 462
Merit: 250
And just a simple question, too hard for we with my sleep deprivation:

- at what time will 50% of all coins been minted from the present day?
- at what time will 100% of all coins been minted from the present day??

Thanks  Smiley
sr. member
Activity: 462
Merit: 250
    I've been thinking and would like hear would you think of the fours ideas.

    1.
    Today we have quite a few Burst site (not counting pools). For the most part they focus on other things than other sites.

    However a single, well backuped site hosting the best features from the different burst sites, would in my opinion be better: it could concentrate all the best resources for plotting, mining, etc on on single place om the web.

    For instance, burstcoin.eu(***) is a very fast blockexplorer but also provide download links to all Burst's tool and program, in addition to loads of stats for the network. On a other hand we have a lively forum at burstforum.com. To simplify 1. even more, I think this complement each other very well. In addition, we have uray's web-wallet: I think also that could be (semi)integrated in the site (possible on a stand-a-lone VM for security reasons with link to it).

    Furthermore, the website should present news to Burst's via Twitter and the crypteworld (and possible from RedIt and FB) on the page, as well show current price of Burst and BTC. Major Burst news would of course also be presented (and spread out in the crypoworld). In the forn, we could put a real chat integrered if we chose another platform (another thing I think would make a stronger community)..

    A site of these nature should also be a nice place for adds, to pay some the costs of hosting and migration.

    Just a couple of ideas, but would like to hear, foremost from this admin of these sites:

        As I think it's technical possible (even if it was quite some time when I fooled around), but do you see any pos/cons with the idea?

[lII] How would miner or newbie miner feel about this? After two months we still get a lot a mining questions. If a new site is created, really well designed, info, guides[/IIl]
[lIII] Given that Burster admins are possible, how could we go a long? Could admins discuss such an development? Would many be interested, I hope we can create a bounty either to someones(s) knowledgeable in the community or some one external.
[/list]

** Please note I've not mentioned all sites. The objective was only present an idea to be discussed with a few examples.


2.
I want to proposed to, in couple of weeks, open up a new [ANN] thread for Burst. The new ones ought to focus on news and announcement, and also be self-moderated. Ocf relevant questions should be allowed to clarify mis-understand.

Given that, this thread should be open but be renamed to to something like "Questions on plotting, mining and pools with your harddisk (HDD). Since this tread is longer than most and info is hard to find, after some time perhaps its possible to refer the people to burstforum.com.

Once again: this is just some ideas  Smiley


3.

4.

Hmmm, too tired now, it's am here and a meeting 90m, will have to postpone the rest (if remember what I was thinking)
hero member
Activity: 527
Merit: 503
The way i see it is using only current market cap not considering max coin because that is too far away and calculation become less accurate with increase timeline.

Also, ur calculation did not factor in time it takes to reach max coin for your "true market cap". If u do that , u have to factor in USD inflation rate (purchase power) and price of BTC and perhaps other element which i am not aware of (e.g change of coin specs in the future to reduce supply , etc)

Therefore , using only current market cap is simple and more accurate in short term (~ 6 months - 12 months ?). True market cap now is $ 134,179.

I still remember the good times for alt coin where new coin went up to millions in less than a month (2013 - Q1,Q2 2014)

Not sure if boom time for alt will be back soon. If so, at least 1 million market cap is a very reasonable guess for burst.

Alt coin generally did very bad for second half of this year (bitcoin too). Hopefully we can see turn around first half of next year.

I only got in about a year ago, so haven't seen much of that Smiley

I suspect part of the problem is that people have seen all those alts drop like crazy and are afraid of investing in yet another one that doesn't seem to add much..  give it a little bit of time and let's do some marketing and make sure people are aware of why Proof of Capacity is so awesome.. in my opinion it has a few interesting advantages over Proof of Work and Proof of Stake Smiley

Trying to whip together a website at the moment that seems like a good start.

That being said, I do think that inflation should play a part and be kept in mind when determining the value of the coin.
sr. member
Activity: 280
Merit: 250
http://www.freebanking.org/2014/11/18/bitcoin-will-bite-the-dust/

Talks about how Bitcoin is prone to centralization.. we have the same tendency with our mining.. little bit less given ASIC resistance but it's there.

So, is it possible to further decentralize the mining?  Something P2Pool like.. except built directly into the coin?

Maybe going so far as saying that if you meet this difficulty then you are allowed to mine a whole block, if you meet a different difficulty than you can submit something to the network that allows you to be rewarded a piece of the block reward?

Of course miners wouldn't want to include other miner's proof into their blocks if that means that it cuts into their pay.  But, maybe reserve 50% of the coin for these lesser miners transactions that prove they did their share of the work even if they didn't win this block?  50% of that 50% (so 25% of the total) of the coin goes toward these other miners IF they include enough transactions to fill the other 25% of their block rewards with miners.

Maybe there is some other scheme? Anyway something to bounce around.. would be nice if there were some way to build further decentralization into the core by providing that luck smoothing there instead of requiring you to join a pool in order to get it.


Could be that when you plot you are required to include your pool id into the plot as well as your own wallet address and maybe somehow that is automatically used for splitting up funds?  That's something Proof of Work couldn't copy... of course if you never mine a single block the network won't know about you.

Reward assignments actually open up some interesting possibilities in regards to what can be done, since the entire network knows how many and what users are registered to each pool, and which user found each block for the pool
sr. member
Activity: 256
Merit: 250
I think burst is one of the most easily decentralized already, seeing as the mining is done with something that 99% of people these days have.

True and that definitely helps but isn't there still an incentive to join bigger pools for 'luck smoothing'?
using mining to secure and back any network always tends to monopols by design.
smoothing personal luck by mining on pools only makes pools stronger.
wealth increases where wealth exists and crypto cant change this.
for me the most interesting aspect of burst is that it utilizes mass products made for different purposes than mining and cuts the running costs as much as possible.
like all coins burst is a commodity and should be used as this as long as there are no services available which require burst to pay for.
a service may be a data storage which burst miners may provide in addition to their plots cause they have the infastructure to do so.
something integrated in the wallet where i can book 1gb hosted on 1000 nodes for 1 month for the double price in burst what you could mine with 1tb in that timeframe.
burst itself would then act in a way like a data dispatcher and reward assigner. the dispatch functions would be to assign this data to miners and the reward would get payed proportional to the timespan the data has been hosted.
hero member
Activity: 527
Merit: 503
I think burst is one of the most easily decentralized already, seeing as the mining is done with something that 99% of people these days have.

True and that definitely helps but isn't there still an incentive to join bigger pools for 'luck smoothing'?

I wasn't around in the pre-ASIC days, how distributed were mining pools before ASICs came out?  What about before CPUs?  Anyone know?
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
http://www.freebanking.org/2014/11/18/bitcoin-will-bite-the-dust/

Talks about how Bitcoin is prone to centralization.. we have the same tendency with our mining.. little bit less given ASIC resistance but it's there.

So, is it possible to further decentralize the mining?  Something P2Pool like.. except built directly into the coin?

Maybe going so far as saying that if you meet this difficulty then you are allowed to mine a whole block, if you meet a different difficulty than you can submit something to the network that allows you to be rewarded a piece of the block reward?

Of course miners wouldn't want to include other miner's proof into their blocks if that means that it cuts into their pay.  But, maybe reserve 50% of the coin for these lesser miners transactions that prove they did their share of the work even if they didn't win this block?  50% of that 50% (so 25% of the total) of the coin goes toward these other miners IF they include enough transactions to fill the other 25% of their block rewards with miners.

Maybe there is some other scheme? Anyway something to bounce around.. would be nice if there were some way to build further decentralization into the core by providing that luck smoothing there instead of requiring you to join a pool in order to get it.


Could be that when you plot you are required to include your pool id into the plot as well as your own wallet address and maybe somehow that is automatically used for splitting up funds?  That's something Proof of Work couldn't copy...

I think burst is one of the most easily decentralized already, seeing as the mining is done with something that 99% of people these days have.
hero member
Activity: 527
Merit: 503
http://www.freebanking.org/2014/11/18/bitcoin-will-bite-the-dust/

Talks about how Bitcoin is prone to centralization.. we have the same tendency with our mining.. little bit less given ASIC resistance but it's there.

So, is it possible to further decentralize the mining?  Something P2Pool like.. except built directly into the coin?

Maybe going so far as saying that if you meet this difficulty then you are allowed to mine a whole block, if you meet a different difficulty than you can submit something to the network that allows you to be rewarded a piece of the block reward?

Of course miners wouldn't want to include other miner's proof into their blocks if that means that it cuts into their pay.  But, maybe reserve 50% of the coin for these lesser miners transactions that prove they did their share of the work even if they didn't win this block?  50% of that 50% (so 25% of the total) of the coin goes toward these other miners IF they include enough transactions to fill the other 25% of their block rewards with miners.

Maybe there is some other scheme? Anyway something to bounce around.. would be nice if there were some way to build further decentralization into the core by providing that luck smoothing there instead of requiring you to join a pool in order to get it.


Could be that when you plot you are required to include your pool id into the plot as well as your own wallet address and maybe somehow that is automatically used for splitting up funds?  That's something Proof of Work couldn't copy... of course if you never mine a single block the network won't know about you.
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
Guys, please, any working non java windows miner for TOMPOOL. Anybody


Blago's miner. There is a link in my burst tutorial.

https://docs.google.com/document/d/1Bc1LIG0vOYYW6FxgBHhQGjKqm0aWoSClkqaNJx17wWk/edit?usp=sharing
full member
Activity: 193
Merit: 100
Guys, please, any working non java windows miner for TOMPOOL. Anybody
member
Activity: 98
Merit: 10


i like this pics a lot!!!

really a good explanation without use words!!!

But those who mining with Gpus's Burst?

They don't mine burst directly. They mine other currencies and the pool owner exchange them into burst for his miner.

Oh that's good thx for enlight me Smiley,i need to know with an 1TB HDD how many burst i can make per day?

Thx in advance

hum!!!
really not so much..

about 550 burst/day

check here

http://burstcoin.eu/calculator
member
Activity: 108
Merit: 10
Quick update
LTCGear has changed its main package. It is now a little bit cheaper but with limited supply.
It would be nice if we manage to get one for the BLTPS project, it seems that prices will raise soon (at least this is what LTCGear declares)
Next goal has been recomputed accordingly, so keep the investments coming and if you still don't know what BLTPS is, go check it out! Smiley

Burst Long Term Price Support project
(BLTPS)

Investment Status
Share value: 0.01 BTC - Sold Shares: 333 - Next goal: 450 250
Booked Shares (waiting for payment): 60
Hashrate supporting Burst: 174 MH/s (LTC)
sr. member
Activity: 519
Merit: 250


i like this pics a lot!!!

really a good explanation without use words!!!

But those who mining with Gpus's Burst?

They don't mine burst directly. They mine other currencies and the pool owner exchange them into burst for his miner.

bipben's gpu plotter: https://burstforum.com/index.php?threads/gpu-plot-generator.45/

Yes you can plot with the gpu that you need for mining. But the mining process happens with the harddrive.

And here your calculator: https://bchain.info/BURST/tools/calculator

Thx now i understand Wink better later than never Smiley

Your welcome. If you have more questions you could ask. Somone of the burst comunity will anwser.

Thx great comunity!
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