Thank you Mr. Gibbs!
(I hope you read that as Jack Sparrow's voice)
Thank you Mr. Gibbs!
(I hope you read that as Jack Sparrow's voice)
@kevmachine Not sure but I think you mistake stagger size for GPU-ram. I mean on optimized plot I think the stagger size should be the same as your nonces. I for example have a file called
433866547175617967_18860000_15160000_15160000
which is optimized 4tb plot.
I think you should optimize yours as well ;)
@kevmachine Oh boy now you're moving to quite technical things which I think you'd best contact someone who's more into these kind of things like @luxe or @daWaIlet (Thou have been summoned!)
I'll try to answer as best I can though.
I believe the final one is indeed your stagger size. On mining you will need 'number of nonces' / 'stagger size' drive seeks, so on small stagger mining will stress harddrives more and need more time. ergo, higher staggersize = better. You could optimize these I believe with ( https://forums.burst-team.us/topic/26/plot-optimizer-v1-6-with-gui-1-0-3-j6jq-win) which will probably increase your reading speed somewhat. don't quote me on that though as I'm not sure.
bigger is better, if you catch my drift ( ͡° ͜ʖ ͡°). Goes for plotsizes aswell in comparison with several smaller ones. makes it read em faster
@nameless can everyone participate in this? Asking for a friend
so basically this is a healthy correction to ensure a more steady growth ? really curious what the next fork wil mean bitcoin. and if the change is even going to have a positive impact or not
Anyone who has any insight on the current crypro price-hiccup? Ive been trying to find some articles that might explain the reason for this but i cant really seem to find anything. All coins are seeing significant price decreases. Anyone here who can enlighten me a bit?
Cheers
@harrygon But if you double the amount of shares of current owners, and half the dividend per share you still end up paying the initial asset holders the same amount of 2% per share don't you, since we get two 1%'s now. Are you sure you can keep that amount up ?
@harrygon kind of a hard decision for sure. Personally i dont like selling the assets to buy some harddrives. As for one, selling assets is really hard nowadays and the losses will be big like you said. Secondly because mining will give deminishing returns in the long run in terms of burst. As more people join and the block reward goes down it can be hard to keep up the 10k ish a week that was calculated. If this is even a legit speculation. Not mentioning all the effort that has to go into plotting 200tb of drives.
Mining assets like ccminer are quite cheap as well if you want to get into mining some more.
I really wouldnt be able to tell you with 100% certainty what i would do if I was in your place.
Also really sorry to hear you lost your job. Hang in there eh !
Cheers
@JotaJota i think it's a great idea! Its something fresh and i love that. The assetprice might be a bit high though, depending on how many assets you want to issue. 50burst simply is like 80cents atm, and thats quite a high price for one share imho, realising uniburst which has over 60k backing was 25cents an asset at release.
I do hope its a suatainable asset seeing the price pums recently, and i hope ur profits can match that.
Count me intrigued
Cheers
@RichBC I'm not sure putting it on polo to put into lending is a smart move. This asset is based on burst and pays out that way. changing the burst into btc leaves the possibility to make a lot more if the burst price decreased and BTC price increases, for sure. but it can also make it go entirely to sh** if burst continues to climb. Plus the whole fork thing of bitcoin that's supposed to happen in august can make for an unstable market. btc will probably continue to climb, but I don't think the lending reward is high enough to risk it.
I think it's more of a gamble currently, instead of a way of getting safe revenue.
Cheers
@ccminer I think you save 6x260 (1560 )though, since the 7th day actually does pay fees :). But I think this is a fine choice especially since the price of burst is getting higher and higher, those tax cost are really starting to hurt.
Still loving the project ever since the day I joined here mate, keep it up!
Cheers
@harrygon Oh no I definitely didn't mean for you to sell your assets. I agree with your statement that you should keep those for the divvies. I understand you wanting to wait a while before making final decisions. Let's see what the future brings , fingers crossed.
Cheers
@harrygon Nice to have you back! and I'm sorry to hear you had a bad week.
Have you by any chance made up your mind on what decision you want to take, and if not 100%, do know what possibility you lean towards? We were talking about selling at pumps, and I'm not sure what your idea is but it currently has one of those so I'm curious on your (and other people's) thoughts.
Cheers!
Some great news at last! Thanks for all the positive announcements Crow. Still proud to be a holder of your assets.
Also great that you found a potential new place, and more importantly, A KICK-ASS ASSISTANT. I think it will be great to have some family time integrated with working-time as we all know you spend a lot of your time on the latter. And if it will save you some time as well, then everybody wins! hope it all works out!
Thanks for your efforts,
cheers!
@nameless Sad to see your asset go dildoman. Luckily you will still bless is with your presence and awesome sense of humor!
I'll take a look into the BTS platform you spoke of as well as I can totally understand your reasoning behind this decision.
Wish you all the best mate :)
Cheers!
For me the asset exchange is the heart of burst. without it I probably wouldn't be here at all. Maybe just mining and selling it straight off to polo cause what else would I do with it?
Almost all the asset's you can find in the exchange is a project of a community-member who do some absolutely great stuff. From giant mining operations, to online casino's, to advertisement all the way to growing nuts. By investing in these assets I feel like I'm a part of that project which makes me feel quite proud as well.
Profit-wise you are way up in fiat value. but indeed not in burst which you could view as a loss. But it also means that we as a community were able to get the price of OUR coin up, which I view as an accomplishment which we all did together.
If pure profit is what you are after than asset holding is not for you. asset trading could be an option and you might want to look into that. These asset's are mostly for long-term support which will mostly be rewarded in the end. and yes I know, waiting 2 years to reach ROI is a LIFETIME in crypto. but hell my day hasn't come and don't think it will any time soon. so I choose to spend some of that lifetime that I have to support this coin and it's members.
So yeah, I think in order to hold these asset's you need some dedication to the cause.
But this is just my point of view :) I hoped it helped
@Hyzi0 I'm actually not exactly sure what happened as I can't make 100% sense of it. but the way I understood is that they made a bet some time ago. Nameless won and focus had to pay up 500k. but for an extra wtf factor he wanted to be the one to purchase those shares so nameless sent the burst back and had focus buy it and probably transfer the shares back to nameless? Not sure if that's correct but it's my interpretation. and I guess it's a friendly bet
Either way, Congratz on the sale @newsense2004 !