@jervis said in A New Massive BURST Mining Operation To Hit the community Soon!:
@Lexicon well, it's better than these monster of a farm goes solo. Then, pool miners will only get real scraps. I think this is the time where people should think of using burstcoin for other things outside of crypto. If we can't mine them well, then let's use the coin and make its value higher. Real world application is needed by this coin.
@Propagandalf said in A New Massive BURST Mining Operation To Hit the community Soon!:
Why complain about someone who risks a shitload of his own money to support the Burst project, you should be thanking them. I respect having the balls to set up a mining operation, and I wish more people would do it. You cannot all expect to have the biggest piece of the cake without having done anything to deserve it. It doesn't work that way, but we all get something for contributing to secure the network and process transactions by mining. If you believe in Burst as much as I do, you know that you will be rewarded handsomely even if you only mine 1 coin per month. Think about it, if Bitcoin is worth 747 USD per coin right now, would not your measly 1 coin per month be worth a small fortune even if Burst only reaches half the value of Bitcoin? Don't risk looking like a total idiot in the future for complaining about low mining income today. And don't get me started on how much extra money you could be making in assets with your mined coins or the surfbar.
Just try to imagine how many TB that will appear on the network when people from lots of different countries all across the world start mining with 120 GB each or less using their smart phones, and then in addition you get lots of people joining in with a few TB each on their computers. This is just the beginning. We had over 3000 new wallet downloads last month (http://burstcoin.biz/charts/new-wallets-per-day), that's 3000 potential new miners who will contribute to the network, and with all the development going on with Burst, there is no reason why these numbers should decline, and why the network shouldn't grow.
As Burst becomes more popular, new farms will appear, but because it takes technical finesse and dedication to build and manage a sizeable farm, most people will settle for plotting a few HDDs and use their phone too. Since these are still "early adoption days", big farms can temporarily shift the power balance, but in time there will be an equilibrium when our population grows. The same cannot be said for Bitcoin because of the nature of the POW algorithm, which only favours those with huge ASICs that have free power. Burst and POC is distributed, green as hell, costs fuck all to mine and all of you already own the mining equipment. Nuff said.
When proposing the future price of Burst, consider the total supply.
For 1 Burst to be half of 1 Bitcoin, Burst total market cap would be valued at $562,960,996,542. Thats $562 billion dollars. So just some perspective there of what's possible.