[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 65.

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Quote from: Cryptoupp on May 13, 2017, 11:16:21 AM

Quote from: xizmax on May 12, 2017, 11:37:50 AM

Quote from: Cryptoupp on May 12, 2017, 11:07:39 AM

Quote from: thomeefl69 on May 12, 2017, 10:43:53 AM

Quote from: Cryptoupp on May 12, 2017, 09:29:25 AM

Hi,

I am holding Bust since two months at Poloniex and Bittrex. I think I have been taking too much risk.
Do you know which wallet is better to hold the coins, easy to install as I am not a tech guy.

The other question is the Burst assets. I don't understand them... (are them for mining?)
A quick explanation will be really appreciated!!

Thank you!!

Hi there,

there are few wallets around. For ease of use , I'd say get one of the All in one (AIO) wallets depending on your system 32 bit or 64 bit. You can find them here: https://www.burstnation.com/filebase/

Well, assets...let me compare them to "real life" stocks. You buy assets and they will pay you out dividends once in a while . Some pays daily, weekly some monthly. You can trade them also on the Burst Asset exchange.
You can research them here: https://www.burstnation.com/wbb/index.php?board/13-asset-exchange/

Also, should you have any other questions, you can ask them either in the forum or the shoutbox at https://www.burstnation.com . Both of them are VERY active in that vibrant , helpful community.

Thomeefl69 many thanks for the explanation

What do you mean with All in on wallets? I would like to start mining as well with a rasberry, are these wallets ok?

All in one means that the wallet also includes a plotter and a miner, so you can start both the mining and doing transactions from a single app.
Unfortunately, I do not think it works on a raspberry it being ARM and all. Last I checked it was windows only.

Many thanks for the explanations!

I am going to try to install the wallet. I hope is gonna be easy to backup the key. I am not a tech guy

Thanks!

There is no "key" to backup in Burst. It's NXT based blockchain. Effectively, your password is your key, and once you've chosen your password, there is no changing it. So make sure you've created a very strong password! Otherwise, simply choose a new one, create a new wallet with it, and simply send yourself any funds/assets you might have had.

Feel free to stop by the forum if you have more questions! https://forums.burst-team.us

sud

sr. member

Activity: 826

Merit: 301

from another thread

Quote from: kryptqnick on May 13, 2017, 12:35:31 PM

with burst it is not only about the general pumping which happens to altcoins. Perhaps not many of you know but this coin is tied with a specific casino supporting it. Its name is BTCDragon. I know it because I once worked for their sig campaign. So, I'd say burst is thus more dependent. If one is to deal with burst, I think it is useful to look at how the casino is doing and keep in mind that perhaps it's pumping the price.

pumz

sr. member

Activity: 826

Merit: 250

After long time it got volume in four digits on Bittrex what is the reason of recent spike ? What is going on someone here knows something to tell interested people like me. Burst coin is here for long time and at start I also was active then lost interest due to other projects. Today saw its volume crossing over 1000 BTC awesome.

wacko

legendary

Activity: 1106

Merit: 1014

Quote from: Ayers on May 13, 2017, 11:28:20 AM

i did the math on this with the recent price pump, and it's very short, if you account an hhd that cost $240 like the seagate of 8TB and give you 6k burst per month at the current value of 800 satoshi per burst, you have almost 0.05 btc in one month, which are $80 or so, this is a 3 month roi, electricity is not something that matter here so i excluded from my math, to me it look pretty good, what do you think?

Do you think calculating ROI with the pumped prices is a good idea? Cheesy

I'd say something like 12-18 months is a lot more reasonable ROI prediction with Burst.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

Quote from: skidog on May 13, 2017, 08:58:20 AM

This is an original coin. It mines from hdd drives and uses very little power when mining. This is perfect for the summer, especially if you live in a warmer climate. Just a thought. Now do I think its worth buying hard drives, yes, but you might need to do the math. "ROI" how long would it take.

i did the math on this with the recent price pump, and it's very short, if you account an hhd that cost $240 like the seagate of 8TB and give you 6k burst per month at the current value of 800 satoshi per burst, you have almost 0.05 btc in one month, which are $80 or so, this is a 3 month roi, electricity is not something that matter here so i excluded from my math, to me it look pretty good, what do you think?

Cryptoupp

full member

Activity: 140

Merit: 100

Quote from: xizmax on May 12, 2017, 11:37:50 AM

Quote from: Cryptoupp on May 12, 2017, 11:07:39 AM

Quote from: thomeefl69 on May 12, 2017, 10:43:53 AM

Quote from: Cryptoupp on May 12, 2017, 09:29:25 AM

Hi,

I am holding Bust since two months at Poloniex and Bittrex. I think I have been taking too much risk.
Do you know which wallet is better to hold the coins, easy to install as I am not a tech guy.

The other question is the Burst assets. I don't understand them... (are them for mining?)
A quick explanation will be really appreciated!!

Thank you!!

Hi there,

there are few wallets around. For ease of use , I'd say get one of the All in one (AIO) wallets depending on your system 32 bit or 64 bit. You can find them here: https://www.burstnation.com/filebase/

Well, assets...let me compare them to "real life" stocks. You buy assets and they will pay you out dividends once in a while . Some pays daily, weekly some monthly. You can trade them also on the Burst Asset exchange.
You can research them here: https://www.burstnation.com/wbb/index.php?board/13-asset-exchange/

Also, should you have any other questions, you can ask them either in the forum or the shoutbox at https://www.burstnation.com . Both of them are VERY active in that vibrant , helpful community.

Thomeefl69 many thanks for the explanation

What do you mean with All in on wallets? I would like to start mining as well with a rasberry, are these wallets ok?

All in one means that the wallet also includes a plotter and a miner, so you can start both the mining and doing transactions from a single app.
Unfortunately, I do not think it works on a raspberry it being ARM and all. Last I checked it was windows only.

Many thanks for the explanations!

I am going to try to install the wallet. I hope is gonna be easy to backup the key. I am not a tech guy

Thanks!

yescopyleftsounds

full member

Activity: 215

Merit: 103

Quote from: skidog on May 13, 2017, 08:58:20 AM

This is an original coin. It mines from hdd drives and uses very little power when mining. This is perfect for the summer, especially if you live in a warmer climate. Just a thought. Now do I think its worth buying hard drives, yes, but you might need to do the math. "ROI" how long would it take.

yes i agree with you.

sud

sr. member

Activity: 826

Merit: 301

Quote from: Johnny00 on May 13, 2017, 07:11:02 AM

Quote from: sud on May 13, 2017, 04:21:51 AM

BURST in top 10 of volume (24h) on coinmarketcap! Really wonder why the sudden boom...

Pump and dump. What else?

I see no other reason so must be just that. So many solid coins being pumped lately, I can't keep a track...

skidog

legendary

Activity: 1393

Merit: 1001

This is an original coin. It mines from hdd drives and uses very little power when mining. This is perfect for the summer, especially if you live in a warmer climate. Just a thought. Now do I think its worth buying hard drives, yes, but you might need to do the math. "ROI" how long would it take.

thomeefl69

newbie

Activity: 32

Merit: 0

Quote from: tripkebab on May 13, 2017, 06:55:40 AM

Thanks to whoever sent me the 3 coins. All good now.

Quick question re mining. I read above there are 1.7 billion coins in circulation but hard cap at hard cap at 2.1 billion.

Is it worth me getting into mining? How many coins per block currently and how long is it expected to take to get to the 2.1 billion cap?

I was toying with the idea of re-purposing some altcoins towards an 80tb mining rig. Will hardcap be reached and it be redundant by the time it's even finished writing all the plots?

Thanks,

just a suggestion: go to https://www.burstnation.com/ and you get all of your questions answered in either the forum or the shoutbox almost immediately...

Johnny00

hero member

Activity: 896

Merit: 553

Quote from: sud on May 13, 2017, 04:21:51 AM

BURST in top 10 of volume (24h) on coinmarketcap! Really wonder why the sudden boom...

Pump and dump. What else?

tripkebab

newbie

Activity: 42

Merit: 0

Thanks to whoever sent me the 3 coins. All good now.

Quick question re mining. I read above there are 1.7 billion coins in circulation but hard cap at hard cap at 2.1 billion.

Is it worth me getting into mining? How many coins per block currently and how long is it expected to take to get to the 2.1 billion cap?

I was toying with the idea of re-purposing some altcoins towards an 80tb mining rig. Will hardcap be reached and it be redundant by the time it's even finished writing all the plots?

Thanks,

sud

sr. member

Activity: 826

Merit: 301

Quote from: eastwind_ja on May 13, 2017, 05:49:32 AM

Quote from: Anon11073 on May 13, 2017, 05:43:15 AM

There is no news. Perhaps immediately dumped?
But I think the Proof of Capacity is wonderful.

I sell at 580 sato , a bit earlier selling , didnt expect rising to 900 sato, will dump soon

It was 940 even! I think it will retest 1k and then go down.

eastwind_ja

hero member

Activity: 910

Merit: 500

Quote from: Anon11073 on May 13, 2017, 05:43:15 AM

There is no news. Perhaps immediately dumped?
But I think the Proof of Capacity is wonderful.

I sell at 580 sato , a bit earlier selling , didnt expect rising to 900 sato, will dump soon

Anon11073

sr. member

Activity: 896

Merit: 289

Twitter: @BTY_11073

There is no news. Perhaps immediately dumped?
But I think the Proof of Capacity is wonderful.

Alveus

full member

Activity: 896

Merit: 221

What is the news of BURSTCoin ? Huh

sud

sr. member

Activity: 826

Merit: 301

BURST in top 10 of volume (24h) on coinmarketcap! Really wonder why the sudden boom...

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: eastwind_ja on May 12, 2017, 06:49:28 PM

what is the good news of Burst coin? it is a big pump now , but this coin has a total number of 2 billions. too many coins.

Yes the supply is huge but if you look at the community and how it is being adopted we can safely say that it will not harm the reputation of the coin,the community should just create usage of the coin like merchants for burstcoin community .

CryptoDude2727

sr. member

Activity: 279

Merit: 250

Quote from: eastwind_ja on May 12, 2017, 06:49:28 PM

what is the good news of Burst coin? it is a big pump now , but this coin has a total number of 2 billions. too many coins.

Wrong way to look at it. There are currently 1.7 billion coins but there is a hard cap at 2.1 billion. There are top 10 cryptos currently with supplies in the billions... greater than BURST will ever have.

If you buy BURST at .01 USD and it goes to 50 cents or $1 how are you doing?

biggernugs

sr. member

Activity: 446

Merit: 250

Quote from: eastwind_ja on May 12, 2017, 06:49:28 PM

what is the good news of Burst coin? it is a big pump now , but this coin has a total number of 2 billions. too many coins.

Tell that to XRP with 38 billion circulation... Wink

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