Author

Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 693. (Read 2171057 times)

legendary
Activity: 1582
Merit: 1019
011110000110110101110010
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.




i dont have any problem if litecoin die, because that coin does not give anything new to bitcoin (both are asic mined), except litecoin is priced less

but if burstcoin die, its really not pretty

Burstcoin has uniqueness to it. That is a good thing and I suspect that is what attracted a lot of people to it.
hero member
Activity: 868
Merit: 1000
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not impotant

can developer be investor too?

taking money out of left pocket and put it to the right pocket is not a good idea
hero member
Activity: 1400
Merit: 505
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.




i dont have any problem if litecoin die, because that coin does not give anything new to bitcoin (both are asic mined), except litecoin is priced less

but if burstcoin die, its really not pretty
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not impotant

can developer be investor too?

You know the answer to that bro.
hero member
Activity: 868
Merit: 1000
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.




What i am trying to say is miner are not as important as investor who give the value of a coin.

Miner are free and they will come automatically. Its not like u have to invite them to attract them. They will come when the coin has value and u dont have to care much about miner because they come automatically
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not important.
Premine is evil
IPO is evil
hero member
Activity: 1400
Merit: 505
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not impotant

can developer be investor too?
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.

Every single 'successful' altcoin to date has followed the pattern of:

ANN
Mine
Listed on Exchange
Pumped
Dumped
Repeat Pumps
Repeat Dumps
Coin RIP

I hope that this one is different because watching Litecoin die is not pretty.


hero member
Activity: 868
Merit: 1000
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor

u dont even need miner. Developer himself , a single person , can be a miner. If the coin has value , other miner will come automatically. Miner is like freebie. There are good to have but not important.
hero member
Activity: 1400
Merit: 505
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

no, developer must come first, because he need to create genesis block
and the one who create block is miner!

soo... ok i vote for miner first, but its for first time, after that we need investor
full member
Activity: 210
Merit: 100
wtf! i have 17tb plots and mine on burst-pool.cryptoport.io after 3 hour i have .... o... zero ....

wtf! something wrong with ur plot file or ur miner, i just check your best deadline is 64006 years, in last 3 hours !

same problem here, used blagos older miner version, which used to work fine until now  Undecided
hero member
Activity: 868
Merit: 1000
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.

Miner is not important Because they are every where and there will always be miner. No matter what coin. Miner is only important if they are rare. But in crypto, there is always miner.
hero member
Activity: 868
Merit: 1000
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

There will always be miner. Even dead coin has miner.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins

So we have a chicken and egg scenario. But the miner has to come first.
hero member
Activity: 868
Merit: 1000
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner. When there is profit , there is miner. No mater the block reward. Therefore , a coin should structure to favor investor , not miner.



well... I am burst investor too, I invest in hard drive ! Tongue
I am important!

No doubt u are important !

I would say out loud u are as important as the developer of burst coin.

Because u have provided infrastructure for burst coin that developer doesn't have the time to do.  
hero member
Activity: 1400
Merit: 505
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.

without investor miners can't dump their mined coins
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner.



Without the miner the investor would not exist.
hero member
Activity: 1400
Merit: 505
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner. When there is profit , there is miner. No mater the block reward. Therefore , a coin should structure to favor investor , not miner.



well... I am burst investor too, I invest in hard drive ! Tongue
I am important!
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

It doesn't work that way unfortunately. If that was the case the value of BURST should be 4000 Satoshis
hero member
Activity: 868
Merit: 1000
uray Your block explorer rich lists is not update for long time. My balance is much lower than i have. And question: When next block reward reducement ?

woookeee i will update it... I thought no one care about that LOL!
next block reward reducement is when mining reward become 9000 BURST / block

Is it 9000 or 9025 ? It suppose to be 5% of current block reward ? If its not 5% of current reward , why don't OP state -500 per month ? Isnt that less confusing.

My two BURST's worth - It is counter productive to have a coin with declining rewards as more people come in and difficulty increases. It should be just the opposite - Increased rewards with increased difficulty to give incentive and attract more miners to the coin. This is an Achilles heel in almost, if not all, cryptocoins.

declining reward + increasing difficulaty = increase in value (well... should be) = attract more miners

Miner is never as importance as investor. When investor increase the price of a coin. The coin automatically will increase in the number of miner. When there is profit , there is miner. No mater the block reward. Therefore , a coin should structure to favor investor , not miner.

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