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Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 96. (Read 2170889 times)

hero member
Activity: 546
Merit: 500
Big news on BURST

New and updated wallet is out

Check this https://twitter.com/daWallet_/status/774940129563664388


Go download it

Nice to see the crazy markets on BURST

Hoping to see at 1m market cap and at over 150 sats

Good LUCK BURSTERS Smiley
hero member
Activity: 770
Merit: 500
The roi seems bad. 25% to 50% a year is horrible. The HDD will take 2 years to be paid back and then only will I be able to make profits. I this right or am I missing something ? I'm going on the bases of 1tb HDD = +-$80 the calculator says it's 1400 burst a week.

You're not looking at it the right way, BURST is about the future, with all of the things we have coming in a short period of time, mining now is good, the rewards are dropping, many new people coming in and offering services, and a LOT more big things coming.

Get in now, and mine coins that go up 1000x in value in the near future, suddenly your ROI has happened 20 times in a few months.


BURST isn't about profit now, not by mining anyway. If you want profit now, you can mine with your existing drives, or buy and sell the coin, but the future, is where you're really going to see the long term goals coming to fruition, and massive increases once we get a few things finished up.

Everything will be public soon.


Well I need a new laptop HDD and I'm trying to justify it ^^ I also need some space on my PC but I can only use what's left over but lucky I only keep games and software. No movies and music I just stream. So if anything I can get a discount on my HDD just by selling burst . as you say it might go up in price as you say perhaps buying some is an order ?

How much wear does running this do ? I mean how long till my HDD is trashed ?
1: I don't quite understand that question, would you mind explain it again?

2: Burst mining doesn't wear down a HDD faster then normal usage would. You are only reading about 0.025% of the drive every round and only 1 time pr plot. The only thing which is able to degrade your HDD is the initial setup, which is writing the whole plot to your drive.
3: That depends on the HDD you are using. You might want to do some searching and discover sites like: http://www.extremetech.com/computing/170748-how-long-do-hard-drives-actually-live-for/ & https://www.backblaze.com/blog/hard-drive-failure-rates-q2-2016/. It is hard to tell you exactly how long they live for, but somewhere between 2 and 8 years is probably right. It is very random and just like a lottery. You could be lucky and get one of the 8 years one or be unlucky and it dies in the first year.

Yea I use Seagate hdds and Toshiba some last a bit short but most last a long time. Thank you for the informative links. I think I'm gonna go have a look at HDDs now Smiley

One more question. If I download the plot then later free up space do I just update with more free space or plot all over again ?
hero member
Activity: 617
Merit: 500
I am the signed message, without I am not
The roi seems bad. 25% to 50% a year is horrible. The HDD will take 2 years to be paid back and then only will I be able to make profits. I this right or am I missing something ? I'm going on the bases of 1tb HDD = +-$80 the calculator says it's 1400 burst a week.

You're not looking at it the right way, BURST is about the future, with all of the things we have coming in a short period of time, mining now is good, the rewards are dropping, many new people coming in and offering services, and a LOT more big things coming.

Get in now, and mine coins that go up 1000x in value in the near future, suddenly your ROI has happened 20 times in a few months.


BURST isn't about profit now, not by mining anyway. If you want profit now, you can mine with your existing drives, or buy and sell the coin, but the future, is where you're really going to see the long term goals coming to fruition, and massive increases once we get a few things finished up.

Everything will be public soon.


Well I need a new laptop HDD and I'm trying to justify it ^^ I also need some space on my PC but I can only use what's left over but lucky I only keep games and software. No movies and music I just stream. So if anything I can get a discount on my HDD just by selling burst . as you say it might go up in price as you say perhaps buying some is an order ?

How much wear does running this do ? I mean how long till my HDD is trashed ?
1: I don't quite understand that question, would you mind explain it again?

2: Burst mining doesn't wear down a HDD faster then normal usage would. You are only reading about 0.025% of the drive every round and only 1 time pr plot. The only thing which is able to degrade your HDD is the initial setup, which is writing the whole plot to your drive.
3: That depends on the HDD you are using. You might want to do some searching and discover sites like: http://www.extremetech.com/computing/170748-how-long-do-hard-drives-actually-live-for/ & https://www.backblaze.com/blog/hard-drive-failure-rates-q2-2016/. It is hard to tell you exactly how long they live for, but somewhere between 2 and 8 years is probably right. It is very random and just like a lottery. You could be lucky and get one of the 8 years one or be unlucky and it dies in the first year.
hero member
Activity: 770
Merit: 500
The roi seems bad. 25% to 50% a year is horrible. The HDD will take 2 years to be paid back and then only will I be able to make profits. I this right or am I missing something ? I'm going on the bases of 1tb HDD = +-$80 the calculator says it's 1400 burst a week.

You're not looking at it the right way, BURST is about the future, with all of the things we have coming in a short period of time, mining now is good, the rewards are dropping, many new people coming in and offering services, and a LOT more big things coming.

Get in now, and mine coins that go up 1000x in value in the near future, suddenly your ROI has happened 20 times in a few months.


BURST isn't about profit now, not by mining anyway. If you want profit now, you can mine with your existing drives, or buy and sell the coin, but the future, is where you're really going to see the long term goals coming to fruition, and massive increases once we get a few things finished up.

Everything will be public soon.


Well I need a new laptop HDD and I'm trying to justify it ^^ I also need some space on my PC but I can only use what's left over but lucky I only keep games and software. No movies and music I just stream. So if anything I can get a discount on my HDD just by selling burst . as you say it might go up in price as you say perhaps buying some is an order ?

How much wear does running this do ? I mean how long till my HDD is trashed ?
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
Hi everybody
i´m very new to Burst but interesting project because of PoC-mining. Installed the online wallet and plotted part of my internal disc (198GB) and a part of brand new seagate 4 TB HDD (346 GB) to test mining. Config changed like in the burst forum explanation videos. 198 GB (Desktop) alone works fine, but combined with HDD [Error1007] occured (The deadline for you nonce is really bad, 11.000years). I plotted the drive with the online wallet plotter. What can i do to solve the problem?

Kind regards

This OP is the OLD BURST OP...



To get answers you're looking for, the best place to post the question is in the BURST official forums... http://forums.burst-team.us


Also, here's a link to the new OP with updated links on it and more active participants....

https://bitcointalksearch.org/topic/ann-new-burst-op-mine-any-free-space-hdd-mining-ats-ae-p2p-marketmore-1323657
sr. member
Activity: 504
Merit: 250
Hi everybody
i´m very new to Burst but interesting project because of PoC-mining. Installed the online wallet and plotted part of my internal disc (198GB) and a part of brand new seagate 4 TB HDD (346 GB) to test mining. Config changed like in the burst forum explanation videos. 198 GB (Desktop) alone works fine, but combined with HDD [Error1007] occured (The deadline for you nonce is really bad, 11.000years). I plotted the drive with the online wallet plotter. What can i do to solve the problem?

Kind regards
hero member
Activity: 1862
Merit: 590
The roi seems bad. 25% to 50% a year is horrible. The HDD will take 2 years to be paid back and then only will I be able to make profits. I this right or am I missing something ? I'm going on the bases of 1tb HDD = +-$80 the calculator says it's 1400 burst a week.

Think of BURST as a long term investment and his a little tip for you, invest the mined BURST into assets which earn monthly dividends and also can go up in value. Take BURSTaker assets they were just 50 Burst coins each and now are trading at just under 100 Burst coins and a couple of weeks ago they were trading at 250 Burst coins. So while you are waiting for the price of Burst to go up why not invest your mined Burst coins and invest them into the assets and earn monthly dividends while you wait for the price to go up. It's a no brainer!
sr. member
Activity: 302
Merit: 250
The roi seems bad. 25% to 50% a year is horrible. The HDD will take 2 years to be paid back and then only will I be able to make profits. I this right or am I missing something ? I'm going on the bases of 1tb HDD = +-$80 the calculator says it's 1400 burst a week.

1 TB costs around $ 25 to $ 30 and a "return on investment" of 25 to 50% per year is horrible? With the value of the working HDD or without?

ROI is a very limited measurement of performance especially for long term projects.
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
The roi seems bad. 25% to 50% a year is horrible. The HDD will take 2 years to be paid back and then only will I be able to make profits. I this right or am I missing something ? I'm going on the bases of 1tb HDD = +-$80 the calculator says it's 1400 burst a week.

You're not looking at it the right way, BURST is about the future, with all of the things we have coming in a short period of time, mining now is good, the rewards are dropping, many new people coming in and offering services, and a LOT more big things coming.

Get in now, and mine coins that go up 1000x in value in the near future, suddenly your ROI has happened 20 times in a few months.


BURST isn't about profit now, not by mining anyway. If you want profit now, you can mine with your existing drives, or buy and sell the coin, but the future, is where you're really going to see the long term goals coming to fruition, and massive increases once we get a few things finished up.

Everything will be public soon.
hero member
Activity: 770
Merit: 500
The roi seems bad. 25% to 50% a year is horrible. The HDD will take 2 years to be paid back and then only will I be able to make profits. I this right or am I missing something ? I'm going on the bases of 1tb HDD = +-$80 the calculator says it's 1400 burst a week.
newbie
Activity: 3
Merit: 0
New asset on the exchanges: BurstVest

Name: BurstVest

Asset ID: 9942303089158877431
Asset Issuer: BURST-TX7W-YTB2-EZY7-APA7J
Supply: 1,000,000 (1,000,000 will be sold on the market. All profit from sales goes into the asset)
Price: 100 (Has 2 decimals to break into 1 burst per .01 shares. All assets will be the same price from the issuer! NO increase!)
Asset Decimals: 2
Dividends: Monthly

------------------------------------------------------------------------------------------------------
AS A PROMOTION, THE FIRST DIVIDEND WILL HAVE A BONUS FROM MY PERSONAL WALLET
------------------------------------------------------------------------------------------------------

BurstVest invests it's funds into current and future assets and reinvests profits while maintaining dividends to shareholders.

The purpose of BurstVest is to simplify investing in multiple assets and reinvesting profits by packaging it into one asset. To put it in simpler terms, BurstVest takes investor's funds and allocates them to assets. The revenue from those assets is split into shareholder dividends, some of it is reinvested, and 1.5% is taken as a maintenance fee. The most unique aspect of BurstVest is that it reinvests 35% of it's revenues creating a larger dividend each month. No matter how many shares are sold, the dividends will keep going up for as long as the burst asset exchange exists.

Shares will be sold 100,000 at a time on the exchange.

Burstvest will allocate it's investor's funds like this:
20% BURSTize ID:14692463117907261266
15% BURSTeam ID: 14092376023955917604
15% thstake ID: 18176646582737130927
15% BurstGames ID: 9245423647144851863
10% ByteEnt ID: 1800253871016293364
10% BURSTaker ID: 15208279992621279224
15% Retained in the wallet for future assets. Wallet Address: BURST-TX7W-YTB2-EZY7-APA7J

The profits from the asset investments will be distributed:
60% Dividends to investors
35% Invested in more assets
3% Put into the wallet for future assets(Future assets will be determined by majority on the burstcoin forum)
1.5% Maintenance fee

Any funds sent to the asset will go directly into buying an asset immediately.
Don't have any burst? Throw some faucet burst at the exchange and you can get .01 shares per burst! If I go to the faucet and get 5 burst, I can get .05 shares and watch the profits roll in.

Just in case anybody missed it. The price of the asset in future releases will be the SAME. No increase whatsoever because that would cheat people who are late into buying it. HOWEVER, Any late buyers will not receive dividends from the previous months.

If you still aren't convinced, you can check how many of what asset the wallet currently owns by going to the exchange and clicking on the account ID (Who owns it). Anyone can see how many of what asset the wallet owns. There is the proof that this asset is legit.

Any amendments to investment percentages will be addressed on the official burstcoin forum page

http://forums.burst-team.us:4567/topic/1111/ann-burstvest
member
Activity: 112
Merit: 10
NEW POOL

tross Burstcoin Pool

Recipient: BURST-JGBV-U7YK-SWHM-4P4QS
Pool:burstpool.ddns.net:8080  and 8124


I hope people come and try it out! Only cost is 1 Burst and your are free to stay or go as you please
It's an alternative to a large pool without pay hassle and forks. Thats not saying it couldnt happen to
my pool but less frequently or not so often. I will be changing the site design and some of the JS code.
Like any other project there is always a bug somewhere.

Burstcoin has to have more than a couple large pools. It wasnt too long ago all the big pools were forked.
But us smaller pools were not. You never know a smaller pool might be better than where you are. Its all
luck! Are you lucky? 
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
I am trying to change servers. I am updated to 1.2.6.  When I try to change I get this error: {"errorDescription":"recipient account does not have public key","errorCode":8,"requestProcessingTime":10}.  I am trying to change to pool.burstcoin.biz.  Any ideas?

You should join us on BURST forums, http://forums.burst-team.us and ask this question.

However, I can tell you, judging by the response of the network, you have not done an outgoing tx on your account yet. Go ahead and set a name for you wallet, or send coin anywhere, do anything that requires 1 coin outgoing, and this will go away.

if you need coins, go to the new faucet (link in the windows UI, or http://faucet.burstcoin.info or others) to get some coin, THEN make an outgoing tx.

This will solve the issue.


Any further questions, propose them to the forums.burst-team.us and one of the team or community will gladly answer your question.


Also, this is the OLD OP. There is a new one at...

https://bitcointalksearch.org/topic/ann-new-burst-op-mine-any-free-space-hdd-mining-ats-ae-p2p-marketmore-1323657
jr. member
Activity: 37
Merit: 1
I am trying to change servers. I am updated to 1.2.6.  When I try to change I get this error: {"errorDescription":"recipient account does not have public key","errorCode":8,"requestProcessingTime":10}.  I am trying to change to pool.burstcoin.biz.  Any ideas?
sr. member
Activity: 652
Merit: 250
Make winning bets on sports with Sportsbet.io!
Happy birthday to BURST!!! Smiley
legendary
Activity: 1029
Merit: 1000
Nice price action today.. hopefully we can get back above 100 soon.. Smiley
hero member
Activity: 1862
Merit: 590
The Bittrex wallet is back online and my issue with my withdrawal has been fixed and my coins were returned to my Bittrex account. I just made a withdrawal and it all went fine so glad to see they have fixed the issue.

Thanks Bittrex for the fast response at getting my issue fix.
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
Something wrong with the dev v2 pool? Currently on 259368 but my wallet shows 259390 :-(

I also wonder what's that crap with new wallet versions/fork?  Huh

Burstcoin.biz "official" download shows 1.2.3 as latest but block number differs from my 1.2.3 and balances are fluctuating. Poloniex even halted deposits and withdrawals. Dev V2 pool also seems to be running 1.2.3...

  Angry


I am not sure about this, but it seems the 1.2.3s are running their own version of the blockchain, and it is not the same persons getting the blocks.

my miners made some blocks on the 1.2.3 chain, but i have changed all of them now to use a 1.2.6 wallet.

The 1.2.6 has been running nicely here for some hours, and it seems to be fine.

one of the pc's could not generate the blockchain by itself due to cpu getting too hot. It seems the new wallet is more effective at using all cores, and that box is kinda heat sensitive at 100% cpu.  I built the blockchain on another pc and copied it over to the other ones.

I would advice not doing business at sites running 1.2.3 as there is a small chance that the transactions do not get picked up by the 1.2.6 network. Certanly do not do 1.2.3 mining, do not mine at pools still at 1.2.3, as the mined blocks and rewards to you are very likely to be refused by the 1.2.6 network.

When copying the burst database around, i have experienced that copying a database made with java64bit to an installation that is running java32bit (or the reverse) will give you all sorts of instabillity headaches.. it seems to work, but it breaks down over time.
We should all be on 1.2.6 but some pools are not. We also need to resync from scratch. This is my take. Is this correct?

resync from scratch on 1.2.6 yes, download the windows client from sourceforge https://sourceforge.net/projects/burstwindowswallet/

it contains 1.2.6

If you're not using windows, download the new wallet from github https://github.com/burst-team/burstcoin/releases/tag/1.2.6
legendary
Activity: 1393
Merit: 1001
Something wrong with the dev v2 pool? Currently on 259368 but my wallet shows 259390 :-(

I also wonder what's that crap with new wallet versions/fork?  Huh

Burstcoin.biz "official" download shows 1.2.3 as latest but block number differs from my 1.2.3 and balances are fluctuating. Poloniex even halted deposits and withdrawals. Dev V2 pool also seems to be running 1.2.3...

  Angry


I am not sure about this, but it seems the 1.2.3s are running their own version of the blockchain, and it is not the same persons getting the blocks.

my miners made some blocks on the 1.2.3 chain, but i have changed all of them now to use a 1.2.6 wallet.

The 1.2.6 has been running nicely here for some hours, and it seems to be fine.

one of the pc's could not generate the blockchain by itself due to cpu getting too hot. It seems the new wallet is more effective at using all cores, and that box is kinda heat sensitive at 100% cpu.  I built the blockchain on another pc and copied it over to the other ones.

I would advice not doing business at sites running 1.2.3 as there is a small chance that the transactions do not get picked up by the 1.2.6 network. Certanly do not do 1.2.3 mining, do not mine at pools still at 1.2.3, as the mined blocks and rewards to you are very likely to be refused by the 1.2.6 network.

When copying the burst database around, i have experienced that copying a database made with java64bit to an installation that is running java32bit (or the reverse) will give you all sorts of instabillity headaches.. it seems to work, but it breaks down over time.
We should all be on 1.2.6 but some pools are not. We also need to resync from scratch. This is my take. Is this correct?
sr. member
Activity: 286
Merit: 250
Something wrong with the dev v2 pool? Currently on 259368 but my wallet shows 259390 :-(

I also wonder what's that crap with new wallet versions/fork?  Huh

Burstcoin.biz "official" download shows 1.2.3 as latest but block number differs from my 1.2.3 and balances are fluctuating. Poloniex even halted deposits and withdrawals. Dev V2 pool also seems to be running 1.2.3...

  Angry


I am not sure about this, but it seems the 1.2.3s are running their own version of the blockchain, and it is not the same persons getting the blocks.

my miners made some blocks on the 1.2.3 chain, but i have changed all of them now to use a 1.2.6 wallet.

The 1.2.6 has been running nicely here for some hours, and it seems to be fine.

one of the pc's could not generate the blockchain by itself due to cpu getting too hot. It seems the new wallet is more effective at using all cores, and that box is kinda heat sensitive at 100% cpu.  I built the blockchain on another pc and copied it over to the other ones.

I would advice not doing business at sites running 1.2.3 as there is a small chance that the transactions do not get picked up by the 1.2.6 network. Certanly do not do 1.2.3 mining, do not mine at pools still at 1.2.3, as the mined blocks and rewards to you are very likely to be refused by the 1.2.6 network.

When copying the burst database around, i have experienced that copying a database made with java64bit to an installation that is running java32bit (or the reverse) will give you all sorts of instabillity headaches.. it seems to work, but it breaks down over time.
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