Title: Mining DAO Post by: Someone47 on May 21, 2016, 12:07:27 PM Hello I hear DAO is the new hype money.
I also want this money. I want to know how can I mine the DAO ??? I have smart phone and laptop :) Thanks (๑˃̵ᴗ˂̵)و Title: Re: Mining DAO Post by: sandiman on May 21, 2016, 04:04:39 PM Hello I hear DAO is the new hype money. I also want this money. I want to know how can I mine the DAO ??? I have smart phone and laptop :) Thanks (๑˃̵ᴗ˂̵)و You can't mine it. Title: Re: Mining DAO Post by: r0ach on May 21, 2016, 04:08:08 PM It tends to be discriminatory to scammers if things like block reward are independent from the coin issuer, so things like mining are discouraged here.
Title: Re: Mining DAO Post by: Sark on May 21, 2016, 04:58:34 PM Just mine ETH or LTC - don't worry about the fomo.
Title: Re: Mining DAO Post by: target on May 21, 2016, 05:03:43 PM You can only get it by buying DAO from an exchange. check https://daohub.org/
You can also buy DAO from bittrex exchange try this instruction on how to buy there https://bitcointalk.org/index.php?topic=1465376.msg14800057 Title: Re: Mining DAO Post by: LiberOptions on May 21, 2016, 05:16:22 PM The DAO is just a decentralized autonumous organization. I think They will use Ethereum as a token. So if you want to mine you better start to mine ethereum because mining will end in less than a year!
Title: Re: Mining DAO Post by: Minecache on May 21, 2016, 05:46:05 PM You can't
End of thread. Mods please lock down. Title: Re: Mining DAO Post by: r0ach on May 21, 2016, 05:53:24 PM Title: Re: Mining DAO Post by: bones261 on May 21, 2016, 07:54:52 PM You can only get it by buying DAO from an exchange. check https://daohub.org/ You can also buy DAO from bittrex exchange try this instruction on how to buy there https://bitcointalk.org/index.php?topic=1465376.msg14800057 Buying from an exchange is not the only option. You can also get DAO by sending ETH directly to 0xbb9bc244d798123fde783fcc1c72d3bb8c189413 from your personal ethereum wallet. (Please note, that you should not mine directly to this address nor use any other wallet but your personal one. Also, note, that you should not copy and paste the ETH address in this message without first verifying it from an official source.) Title: Re: Mining DAO Post by: GreenBits on May 21, 2016, 08:35:30 PM Hello I hear DAO is the new hype money. I also want this money. I want to know how can I mine the DAO ??? I have smart phone and laptop :) Thanks (๑˃̵ᴗ˂̵)و This is a token, issued on the ethereum blockchain. You can mine the underlying asset , ether, but you can only mine the underlying asset, not the token. It has to be distributed by the issuer. I want to say something smartass, but I'm too chill at the moment (stout couple fingers of brandy). You should really research eth before you do this, you are about to throw resources at something you don't have a solid understanding of yet. Never invest in an asset you have not done diligence on. Good luck. Title: Re: Mining DAO Post by: Liquid71 on May 22, 2016, 04:22:22 PM DAO is the new way to say Ponzi
Title: Re: Mining DAO Post by: Someone47 on May 22, 2016, 07:23:02 PM Hello I hear DAO is the new hype money. I also want this money. I want to know how can I mine the DAO ??? I have smart phone and laptop :) Thanks (๑˃̵ᴗ˂̵)و This is a token, issued on the ethereum blockchain. You can mine the underlying asset , ether, but you can only mine the underlying asset, not the token. It has to be distributed by the issuer. I want to say something smartass, but I'm too chill at the moment (stout couple fingers of brandy). You should really research eth before you do this, you are about to throw resources at something you don't have a solid understanding of yet. Never invest in an asset you have not done diligence on. Good luck. Thank you. I researched Eth and Dao but don't understand. so many word and talk Title: Re: Mining DAO Post by: WarrEagle on May 22, 2016, 10:33:15 PM LOL this has to be a joke right?
Title: Re: Mining DAO Post by: fr4nkthetank on May 24, 2016, 02:04:25 AM Title: Re: Mining DAO Post by: fanatic26 on May 24, 2016, 02:33:17 AM DAO is the new way to say Ponzi ^^^^^at least theres a few people with common sense around here Title: Re: Mining DAO Post by: soulistyce on June 08, 2016, 08:53:15 PM a coin that cant be mine will not last long....lol...
i give it 6 to 7 months to become trash Title: Re: Mining DAO Post by: bones261 on June 08, 2016, 11:52:54 PM a coin that cant be mine will not last long....lol... i give it 6 to 7 months to become trash The Dao isn't a coin. It is a smart contract on the Ethereum blockchain. The smart contract does have tokens that are tradable and allow you to vote on proposals. However, you are probably correct. After 6 or 7 months it will probably be split all over the place and depleted by a bunch of proposals that don't earn anything or are scams. Title: Re: Mining DAO Post by: target on June 09, 2016, 02:19:29 AM a coin that cant be mine will not last long....lol... i give it 6 to 7 months to become trash Hell? no one is selling it if you just noticed. that is because lots of investors are expecting it to grow big. Title: Re: Mining DAO Post by: bones261 on June 09, 2016, 02:23:47 AM a coin that cant be mine will not last long....lol... i give it 6 to 7 months to become trash Hell? no one is selling it if you just noticed. that is because lots of investors are expecting it to grow big. Title: Re: Mining DAO Post by: bitwhizz on June 09, 2016, 09:07:25 AM YOu cant mine the DOA
Title: Re: Mining DAO Post by: neofront on June 11, 2016, 01:29:10 AM Hello I hear DAO is the new hype money. I also want this money. I want to know how can I mine the DAO ??? I have smart phone and laptop :) Thanks (๑˃̵ᴗ˂̵)و Send your ETH here: 0xDCEfAdD200D8b96414618e46aCcD2305f97a9E92 I am accepting donations for my project and I'll gladly give you some DAO in return. Title: Re: Mining DAO Post by: JasonXG on June 11, 2016, 01:51:14 AM If you can only buy DAO then does that mean its POS ?
Title: Re: Mining DAO Post by: bones261 on June 11, 2016, 02:42:48 AM If you can only buy DAO then does that mean its POS ? No, it's a token on the Ethereum blockchain. No more DAO tokens will be created by POS or POW. The Dao tokens entitle you to vote on proposals. If a proposal succeeds, the contractor then gets some of the ETH held in the Smart Contract to fund their project. The contractor then returns a share of any profits back to the DAO in the form of ETH. Then the DAO holders are given reward tokens(which are different than DAO tokens.) I believe these reward tokens can be redeemed for ETH, but I am not sure. Quite frankly, I don't think any of this will come to pass. I think this was just a grand scheme to pump up the price of ETH. (Which happened when people where buying the DAO tokens during the ICO creation period.) Now, the ETH is all tied up, so the pumpers have less of a supply of ETH that could flood the markets. Slowly and surely, some of the ETH in the DAO will become liquid again once people succeed in splitting and getting their ETH back. Unfortunately, this process takes at least 48 days or so, and someone could launch a stalker attack on you while you try to do this, and indefinitely tie up your ETH. |