Re: [ANN] - NEW BURST OP - MINE WITH YOUR HDD - ATs, AE, P2P MARKETPLACE, and MORE!
I have stopped the mining of Burst. It is not managable for the small miner. One of the fine things from Burst was that the common man could mine without big invest in hardware. This time is over. You must make now minimum 1000,- investment in Harddisks to get a reasonable amount of Burst. Sorry, the project had failed.
You can mine spare GBs on an already turned on computer without spending hardly any extra power or money or bandwidth. That's the best ROI as there is nearly no cost, except perhaps a watt extra due to some extra disk activity. If you buy harddisks, the ROI is lower of course, because you have to earn to pay back the cost of the harddisk. If you also buy a computer, then you have to pay off extra power and the computer as well. So i'd say the small miners are the ones who get the most %age wise return on investment.
The only difference is time. You could argue that each extra TB set to mine cost less and less of your time to set up. Everything else seem to favor the smaller miners, who can mine on equipment they already have, and already have turned on.
My experience is that you have to set off some time tweaking things when you reach 20 to 30 TB per computer. That's more time for big miners. Also big miners have to make sure things run with a good uptime, as downtime cost a lot of burst, so you tend to spend more time making sure systems are online and working well.
If the burst price is low, and you are impatient, it might be easier just to buy burst, and help with the advancement of the coin ecosystem
I am aware of the fact that it cost you hardly nothing to get some Burstcoins without the need to purchase extra Harddisk. I mined on Burstninja and with my laptop and 1,1Tb plotsize i gathered about 350Burst/day. But the last 2 weeks was that devaluated to 70-90 Burstcoins. 80 burstcoin against the low price of 50-70 sat is too low for me. It is better to join a signature ad-campaign and buy the Burstcoin.
. This night i have tried an other pool and was back at my normal level of 350 Burstcoins. Only the Blago miner stops working unexpected now and then.As I've mentioned, right now ninja is undergoing quite a few changes and growing pains, the pool currently runs a massive portion of the network which we are trying to lower. Yes, that's right, lower.
But, because of the increased amount of power, the pool is (in its current condition) not able to handle the increase in power without modifications to some settings.
These settings forced the pool to be more catered to the larger miners, as they are more the ones there making the coin anyway, and the pool IMO has been catered to bigger miners since the beginning.
However, I've got a few changes in mind that I'm going to be trying (with current setup just changing settings) that I think will make a difference again, but I'm not 100% on that...
THIS, is the reason we're basically having the code rewritten, we've found a large portion of the code, which is great, and should also allow for us to release a copy of the pool as previously mentioned, for other pool owners. We are also going to be starting a copy of the pool in its current form with modifiable settings and configuration, but not including the new improvements we're going to be adding within the next version, and we will give this version that I will call (Version 1) out to public. At which time, they can make setting changes, tweak payout system, and fee, to their liking.
We will also be running another copy of the pool, Version 1, on another of our servers in haitch's cluster, and likely starting another asset just like ByteEnt from said pool. Keeping with what works, if you will. ByteEnt is by far the most successful BURST asset, and thus making another built with the same team just on another set of our servers, thus diversifying the network from the single pool and getting the power back more spread out, is a good idea. I think.
There are Many other things in mind, that I will slowly but surely be giving people information on.
For all of you wishing to turn said information into a press release, be my guest, but I myself and the team is not quite ready to be doing things in an official fashion of that nature, quite yet. But yes, we do have those types of plans, and more.
The scope of the things we're going to be doing is HUGE, and you'll slowly begin to see the direction our minds work, and what the things are that we're doing, are going to do for people, and betterment of the world. Yes, the world. No, I do not think I'm over-estimating, and no, these are not things that are impossible. Yes, they may make me seem a bit like a rambling madman on the side of the road, but that really hasn't ever bothered me, now has it?
No, this is not directly correlated to projects just under ME, and no, it is not directly correlated to anything un-awesome. Yes, to those of you who don't really understand half the shit I ramble about, it means the stuff is going to be awesome. No, I will not give you more information because you think you're special. lol. But you ARE special. Because there's no one like you in the whole wide world. Just like momma always said.
Regardless, I believe I'm fully off track now, and I'll dismount... But my overall goal for this post is to say...
1. pool being fixed. new version to be implemented with fixes for speed, and various other things. Including hopefully, the long awaited front end.
2. Current version of ninja is to be labelled Version 1. This pool will hopefully in one way or another here (if we managed to find a fully built copy of the code) be given out to the public, and will be started up on another pool with another asset clone of ByteEnt.
3. The newer version of the code, will be run on a couple different pools, one of which will be a beta, or something like this... not fully decided.
4. If you're a smaller miner, for the moment, and likely into the future, ninja original is going to be more large-miner focused, the newer pool will be more middle-small miner focused, based on tuning of the configuration and whatnot.[/b]
That's about it I think.