A New Massive BURST Mining Operation To Hit the community Soon!



  • @haitch not everyone can mine 24/7 :) and definetly not everyone mines something else. So mining just BURST isnt a great way you need to couple it with something else (crypto mining, pos wallets that needs to be constantly on, server for webpage, dont know other reason to leave it :) )



  • @LithStud said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @haitch not everyone can mine 24/7 :) and definetly not everyone mines something else. So mining just BURST isnt a great way you need to couple it with something else (crypto mining, pos wallets that needs to be constantly on, server for webpage, dont know other reason to leave it :) )

    Well not everyone mines 24/7 ... But u don't need to mine other coin while mining Burst .... You can also mine Burst while surfing, working, playing game on your PC :)



  • @Castiel said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @LithStud said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @haitch not everyone can mine 24/7 :) and definetly not everyone mines something else. So mining just BURST isnt a great way you need to couple it with something else (crypto mining, pos wallets that needs to be constantly on, server for webpage, dont know other reason to leave it :) )

    Well not everyone mines 24/7 ... But u don't need to mine other coin while mining Burst .... You can also mine Burst while surfing, working, playing game on your PC :)

    Indeed, it's the coin for everyone! Even mine in the background of your android phone, burst is making huge leaps into the realm of mainstream, we are all a part of something great here, in it's infancy.



  • @AdamGuerbuez I agree with you Sir !

    @All Remember nothing comes for free (except for coins from faucets :P)
    Today value of Burst is 72 Satoshi .... Probably 5 Years down the Line it might jump to 1 BTC
    All you have to do is believe in the Coin & community & hold it till the right time comes...

    Right now most people are focusing on the investment made to earn Burst & comparing it with its Current returns... But you yourself are lowering its Value/Returns by dumping the coin at exchanges. Its a simple Demand vs Supply logic which affects the value of the coin which you need to understand. Apart from monetary Investment, there is one more Investment which you are missing here.... TIME !

    Also don't be dependent on Asset Exchange, open your own websites & make Burstcoin more public. You are limiting the power of Burstcoin by limiting it to Asset Exchange Only. Even though it is easy, but not everyone (most of the people) prefers it.



  • @Castiel said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @AdamGuerbuez I agree with you Sir !

    @All Remember nothing comes for free (except for coins from faucets :P)
    Today value of Burst is 72 Satoshi .... Probably 5 Years down the Line it might jump to 1 BTC
    All you have to do is believe in the Coin & community & hold it till the right time comes...

    Right now most people are focusing on the investment made to earn Burst & comparing it with its Current returns... But you yourself are lowering its Value/Returns by dumping the coin at exchanges. Its a simple Demand vs Supply logic which affects the value of the coin which you need to understand. Apart from monetary Investment, there is one more Investment which you are missing here.... TIME !

    Also don't be dependent on Asset Exchange, open your own websites & make Burstcoin more public. You are limiting the power of Burstcoin by limiting it to Asset Exchange Only. Even though it is easy, but not everyone (most of the people) prefers it.

    For Burst to be worth 1 BTC you're looking at a trillion dollar valuation of Burst. I think $.01 for Burst is a lofty yet still possible valuation of Burst.



  • @nox said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @Castiel said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @AdamGuerbuez I agree with you Sir !

    @All Remember nothing comes for free (except for coins from faucets :P)
    Today value of Burst is 72 Satoshi .... Probably 5 Years down the Line it might jump to 1 BTC
    All you have to do is believe in the Coin & community & hold it till the right time comes...

    Right now most people are focusing on the investment made to earn Burst & comparing it with its Current returns... But you yourself are lowering its Value/Returns by dumping the coin at exchanges. Its a simple Demand vs Supply logic which affects the value of the coin which you need to understand. Apart from monetary Investment, there is one more Investment which you are missing here.... TIME !

    Also don't be dependent on Asset Exchange, open your own websites & make Burstcoin more public. You are limiting the power of Burstcoin by limiting it to Asset Exchange Only. Even though it is easy, but not everyone (most of the people) prefers it.

    For Burst to be worth 1 BTC you're looking at a trillion dollar valuation of Burst. I think $.01 for Burst is a lofty yet still possible valuation of Burst.

    So you don't think that is possible ? People did have a similar approach for Bitcoin & you can see where it is today.
    Remember one thing.... Lower limit is always set to ZERO but there is no upper limit for Growth.
    So think BIG ... Make BIG & Get BIG :)



  • Slowly but surely, the operation is being built.. This shit is a little more time consuming than building a lego kit. Here is a little peek at construction in progress, still plenty of work ahead.

    alt text



  • @AdamGuerbuez Cool setup man. Diggin it.



  • @AdamGuerbuez Cool man



  • @AdamGuerbuez Nice man! Do you have a tentative timeline for your asset release by any chance?



  • @AdamGuerbuez Are you doing a time lapse of the build? It would make for excellent viewing on youtube.



  • @iKnow0 said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @AdamGuerbuez Are you doing a time lapse of the build? It would make for excellent viewing on youtube.

    Oh dayum... what a sweet idea, but no I didn't, I should have though , oops. hehe. I will make a cool video though showing all the insane components (whats inside that big case is pretty intense and the plotting boxes omg, like totall insanity in those (not in that photo) but we are talking like 256 of ram in each, multiple cpu's (insane top of the line ones) and more and more. If I am overseeing an operation, it's gotta be done like a rockstar, no cutting corners, no cheaping out and no scaling down! Things have to be done right or they can not be done at all :)

    Glad you guys are liking that peek though.



  • @vier23 said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @AdamGuerbuez Nice man! Do you have a tentative timeline for your asset release by any chance?

    No, not there yet, it will be swiftly delivered when it is. A real big black friday style door crasher with everyone tryin to get some! hehe.



  • @AdamGuerbuez Still think this is bad for burst as a whole. Its like adding another ninja pool with miners to the system which means less blocks for other pools. My pool has a lot of new miners and people that are just starting off so what does less burst mean to them. Some will quit and some will invest but wouldnt be better if all stayed. I believe when mining farms like yours show up it will drive bust down. If you were mining another coin and paying out burst it would help raise burst. Your massive mining operation has operating cost. I am sure they dont take burst as a payment. So that means you must dump burst on the market. Its a free world we can do what we want but I see nothing good coming out of this. This isnt Bitcoin!



  • @tross Dude, this isn't the first Pb farm that is created, what the man did was allert people he would make it and even better, he will create an asset so other people can invest in this endevour with little investments or big ones... It will defenetly not benefit the small miners and will centralize a bit the network but it will give the chance of small miners to get better ROI's on their investments if they invest in his asset... this will force people with medium rigs to upgrade them so their ROI don't get lost but imho it will be much good for the network because if @AdamGuerbuez and @Focus play their cards right this can be a huge Marketing tool and bring a lot of people to invest in assets inside the AE what will make the network size grow at the same time that brings a lot of investment to the communitty!

    Ofc that the regarding dumps we will have to trust that they don't do it but i dont think they will do it because it's not good for their investments too?!


  • Banned

    @jervis said in A New Massive BURST Mining Operation To Hit the community Soon!:

    Just one thing that will make this community live and that is real world application. Even if we all mine with gazillions of capacities, if there's no real world application, this coin will die. Invest in other things other than just mining. Mining income will sure go down when these monsters go online. You have to balance your investments. It's always great to invest in your mind first. :)
    that id the pure truth



  • @gpedro I hope I am wrong!



  • @gpedro I hate to say this but I have to disagree with you this time. An asset that's purely based solely on mining Burst is doomed to fail. It's better to offer this as a market service rather than an asset. For reasons that I will not explain more into detail because I don't want to sound condescending, it's not a good idea to base an asset solely on Burst mining alone. Also, an asset that will bring great impact on this community, I think, would be the real world application asset. It's the one that will get us out of the box.

    Like I said before, long long long time ago, we could start with something that would make people see us in public. It could be a service or a merchandise which also accepts burst as payment from the public eye. Heck, we could even give discounts for those who pay with burst because it is yet untaxable by any governments.

    Unique ideas are what we need in Asset Exchange because AE is just like any other companies in the world. We have to look at it through their perspectives. Me, I want to make another Pfizer or Hilton. Heck, if I'm a good programmer, I want to make another Google or Facebook. That's the real investment there. Real assets where people who buy shares can even give to their children's children their asset shares as long as those companies are alive. And that will make the world go wild for Burst. Like, WTF is this crypto? How can this community go make something like this big? We got to get in or be left behind.

    Just my thought. :)



  • @tross said in A New Massive BURST Mining Operation To Hit the community Soon!:

    @AdamGuerbuez Still think this is bad for burst as a whole. Its like adding another ninja pool with miners to the system which means less blocks for other pools. My pool has a lot of new miners and people that are just starting off so what does less burst mean to them. Some will quit and some will invest but wouldnt be better if all stayed. I believe when mining farms like yours show up it will drive bust down. If you were mining another coin and paying out burst it would help raise burst. Your massive mining operation has operating cost. I am sure they dont take burst as a payment. So that means you must dump burst on the market. Its a free world we can do what we want but I see nothing good coming out of this. This isnt Bitcoin!

    When small miners are not able to Mine Burst anymore .... It means BURST is growing :)
    No Doubt Mining Farms & Cloud Mining is the Future for any Crypto Currency & if BURST is witnessing Mining Farms .... then it is on the Right Track !



  • @jervis I agree with you like we talked before many, many times... Real world applications is what we need but i think there's room in the market for a real big mining operation (and i can see good things coming from it), the only things i see as as problems for the network is the centralization of the mining farm (but i offered a solution before that will hopefully minimize this issue (although low the mining ROI of this farm) that is split the mining through a lot of pools) and the dumps that will exist (but regarding to that we can only trust in adam and focus because there's nothing more we can do regarding to this issue)...

    Regarding to Real World applications i see it as the future and like i said before i think in mining now just as a way of supporting projects (because i don't have the investment to make a PB farm, not even close LOL)...
    If you think, i don't have nor plan to have a asset that have revenue only from mining... The only mining operation i run is for BBrowser and is more like a support for the project than to give a good ROI from it to the investors (as said since the start), and as you know i have plans for many Real Worlds applications in my head, some of them have already plans in motion some don't, and even some of my plans can only be done when the market capitalization of BURST be much higher because the initial investment needed to put them in motion would be really big and that would decapitalize BURST if they were started at this point of time (what is not my intention nor should be the intention of nobody)...

    I know that some plans are in motion for some projects that are coming to the AE (soon), from me and from other people, that are real world applications, but most of them are not physical Assets (i mean that are things that would not have a physical location like a restaurant or a store) but physical companies like that can be done for sure (and some of them with little initial investments, depending on the country they are launched and how carefull things are planned)... Ofc that small initial investments will take longer to become big and can even fail while they are growing but these are things to be considered since the start of such projects and can be done building safety nets since the beggining.

    Like all we know there is no such thing as investments without risk but are many things that can be done to minimize those risks, and a lot of improvements have been made inside our community regarding to that matter, so let's use it?! ;D

    EDIT: I just don't agree with you that something is doomed to fail since the start, it all depends on how it's managed?!


Log in to reply
 

Looks like your connection to Burst - Efficient HDD Mining was lost, please wait while we try to reconnect.