Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 632. (Read 2171078 times)

Its back to normal now.

I wonder if your pool profit will increase if your only have 1 pool with good specs.

If u combine all pool into 1 , u can attract more miner than having 3 pool because most miner (like myself) like to join big pool due to stable payout. U should have about 500++ miners if u combine them , making it the biggest burst pool.

It is also easier for u to maintain 1 pool instead of 3

U can see the pool urself. http://burst-pool.cryptoport.io

Still over 1000 years. In fact , its over 10,000 years.

Also, u might want to consider shutting down pool 3 since it has less than 100 miner. Ur profit will be better if there were only 2 pool.

ok, it should be fixed now

It was fine after a while when i reported the issue but now it's back again. See the pool site right now , most miner over 1000 years

is it better now? made some improvement

its back to normal now. There is a short period of time (3-5 blocks) where 90% of miner deadline shown on the website is over 1000 years. My miner also submitted very high deadline. But now everything is back to normal.

If anyone is interested in buying Burstcoins.com from me, I will transfer immediately for a sum of $150. I am not able to provide maintenance to keep the site up to date, and thus wish to sell it back to somebody in the community.

No, I have not noticed a difference

Burst forum.com is a well designed, awesome forum. Really intelligent people there willing and friendly to help. We are for the betterment of burst as a whole. Let's do it.  

Pardon my phone spelling... Ffs.

Seems like most people favor this forum and/or Reddit, then newer forums.

wow ive been tending to other matters and this forum is now almost 700 pages lol!!

did people never migrate over to burstforum.com?

VERY well written. Well said. Well done! You sir, should definitely be a promoter for burst, you're able to accurately portray burst AND come up with reasons as to why it's awesome other than just saying "you can mine with hdd." We definitely are lucky to have people like you in our community. Thanks.

yeah, i tried that, but no luck either. i will check again next time I have to reboot.

something wrong with Uray US pool. Deadline becomes very high.

I think Uray change the pool now its becomes unstable.

have you try kill -9 ?
or just kill the java itself

My wallet is in sync. It just happens when I try to stop the wallet. killing the process did not work (ubuntu 14), so i had to restart :/

you just need to force terminate the application, the re-run it, or to be safe from db corruption, resync the blockchain by deleting burst_db folder

anyone?

For a consensus algorithm to work, you have to force some kind of commitment of economic resources to solution of a randomized problem.  It may be possible to force solutions to useful stochastic algorithms, but it's tricky.   The only viable coin I know of which even sort of does this is Primecoin, but as bitcoin shows, you don't need the consensus algorithm to be independently useful for the coin to be useful.

The burst consensus algorithm is much less energy-intensive than bitcoins, though.  This means that once a hard drive is committed to the burst network (a significant upfront cost), the marginal cost to keep it participating in the consensus is much lower than for bitcoin.  This means that transactions are always going to be cheaper in burst than they are in bitcoin, especially once the mining rewards run out, and that financial coordination of resources is always going to be more efficient in burst than in bitcoin.  Of course, proof of share consensus is even cheaper, but distribution of wealth means that PoS and even PoW will probably never be as democratic as proof of capacity (it's hard to see how there could be orders-of-magnitude efficiency gains in specialized hardware for burst mining, though I could be wrong), and this is why burst is exciting even though it's a "clone" of NXT, which is PoS and 100% premined.   The democratic nature of burst's consensus algorithm is not just ideologically appealing, either.  It means responsibility for the consensus is spread much more uniformly across a much broader audience, making collusive corruption much harder to pull off.

So no, I would say that the consensus algorithm alone makes this more than just another "clone coin."  In fact, being a "clone" of NXT is a huge advantage, because the NXT premine is funding all sorts of cool development, which Burst can fold in relatively easily while at the same time providing much more trustworthy security for its blockchain.   And that's not to say there aren't cool things being independently developed for burst.  There are.

The site also has chat now as well.