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101  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Mining Pool Hub - Auto profit switching / Auto exchange to alt coins on: February 13, 2015, 12:27:49 PM
@miningpoolhub

Your pool does 29% of the whole darkcoin hashrate. In general: with each darkcoin block found, 35% of each block (1.5 DRK) are paid to masternodes (one node is selected more or less randomly out of 2000).

All of the blocks found by your pool pay these 1.5 DRK only to one masternode (masternode belonging to miningpoolhub, Xit9gEJiUphYGggS2NCu5UaqoR4YWxmFaZ). Everybody can verify this here: https://drk.mn/blocks.html

This data would suggest that you target 30% of the mining income to your own pocket:

1. leaving mininghub miners behind
2. leaving masternode operators behind
3. shitting on the health of the darkcoin network (the source of your income)

Maybe i got something really wrong, which you could rectify here. Could you please elaborate on this issue?

I have already left miningpoolhub and pointed my rigs somewhere else until this is resolved.
And, without a _good_ explanation for this I won't come back and advice others to do the same.

102  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 11, 2015, 07:47:55 AM
I have a question regarding masternodes.
On average how much do you get paid per node each month?
secondly, i take it that these same nodes take care of IX payments as well as dark send?

- 0.493289 DRK / day
- yes


Estimated daily payout for an active node (blocks with MN payments last 24h: 91.39%): 0.22 DRK/day (Last Refreshed: Wed Feb 11 2015 08:41:15)

enforcement is OFF so dont expect 0.49 per day Wink

- 0.22 is wrong
- there's one pool with about 8 % of the overall hashrate which does not pay the Masternodes. You do the math. The result will not be 0.22
- enforcement will be back ON in a couple of days


103  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 11, 2015, 07:39:50 AM
I have a question regarding masternodes.
On average how much do you get paid per node each month?
secondly, i take it that these same nodes take care of IX payments as well as dark send?

- 0.493289 DRK / day
- yes
104  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: February 10, 2015, 12:40:59 PM
InstantX is opensource ?

Yes!
105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: February 07, 2015, 06:14:49 AM
Ow many masternodes running in US and EU ? 85% ?
And max in 10 datacenters.
So, it's to easy to switch off 85% of the masternodes network

  • it's NOT easy to switch off 85% of the Masternodes, it's a major task to get 32 different countries with 91 different hosting companies judicially under control (or if you're the NSA, hacked) and shut down the Masternodes almost simultaneously.
  • half of my Masternodes are hosted privately, so I alone can keep the Masternode network alive (and earn 1008 DRK per day BTW...that means one more Masternode per day which would have to be shut down also  Grin )
  • the Darkcoin network perfectly works without ANY Masternode. InstantX won't work any more, and you can't anonymize new coins (but you still can use your already anonymized ones). So, no problem
  • if it makes you happy, go and run a Masternode on a Pi. It's not trivial and most probably not very stable, though. Better use a cheap laptop for this, saves you a lot of time.

106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: February 02, 2015, 10:01:20 PM
I assume the same sort of method could be used in reverse, reducing MN payments (according to various factors) all the way back to the original 5% or 10% if a Darkcoin acquired a really high value.

That would be a very bad idea.
Right now investors calculate their profits from those numbers and invest accordingly, and changing them at will would make Darkcoin lose a lot credibility.
107  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 31, 2015, 09:17:44 PM
... or Otoh who's setting concrete walls? Tongue

Otoh would have put the wall at 66666.66
108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 30, 2015, 10:06:31 PM
   -- a farm of 50-60 gtx cards

In the good old times [™] farms this size were quite common to mine Litecoin, even poor crowning had one.

Ever wondered were all those GPUs live today?

109  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 29, 2015, 08:06:16 AM
Could someone who knows what they're talking about have a look at this......

It's a waste of time to argue with/against other coin supporters.

I stopped that, well, about ages ago and use my time to do something useful.
110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 28, 2015, 07:53:54 AM

Thanks for posting.

Article says:
Quote
Ubuntu has patched the bug both for 12.04 and the older 10.04

Does this mean if you're on Ubuntu 14.04 the issue's already been rectified so there's no action needed?

The bug is in glibc-2.2 and was fixed with glibc-2.18.

Ubuntu 14.04 uses glibc-2.19, so yes, no action needed.
111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 27, 2015, 10:59:24 PM
What traffic does one node generate a month?

Right now about 500 MB per day.
112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 26, 2015, 08:23:08 AM
What is the rationale behind intentionally making bubbles and crashes bigger in magnitude?

It does actually exactly the opposite: when the rewards go down/up faster, the miners switch earlier from/to a different coin, thus making the oscillations smaller.

Same(!) time frame:




113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: January 23, 2015, 12:19:02 PM
...Trinity...


114  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: January 21, 2015, 02:15:16 PM
why should i invest in DC?just seems like a PnD when it hit 15 that time then now its 1 how do i know that i know that its a good investment i dont want none of your fanboy crap i want facts

Go there https://www.darkcoin.io/about/team-contact/ and count the people.

How many crypto-currencies can offer that?
115  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: January 19, 2015, 09:22:49 PM
If you are looking for a real Anon coin...

...look here: https://bitcointalk.org/index.php?topic=421615.0
116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: January 19, 2015, 12:38:56 AM
Number of MN growing really fast... OMG.

Yesterday I check before going to sleep it was 1996, and now :

2036 = 2034 actives + 2 inactives
I'm not sure the stimate is accurate (seam really low) :
Estimated daily payout for an active node (blocks with MN payments last 24h: 100%): 0.36 DRK/day.

If it's true the growing is quicker than the increasing of remunaration.. (next if from 35->37.5)



Yes but something wrong in his formula for the estimated daily payout :
2036 MN = 1 payment every 2036/576 = 3.53 Day.
One payment is 1.75 (min) so daily estimate should be : 1.75/3.53 = 0.49 DRK !


The estimation is indeed too low, yours (around 0.49 DRK per day) is right.

The latest results can always be found here: http://178.254.18.153/~pub/Darkcoin/masternode_payments_stats.html
They base on the same code as the darkcoin-client itself, so they should always be right.
The difficulty (which affects the result because the mining reward is based on it) is taken from the last 288 blocks (means about half a day). That's why the result is still only an estimation.

When can we expect masternode payments to return to normal?  I just saw 1 guy get paid 2x in 2 days and I'm waiting on 4+ days right now.  Everything up, did have to reindex a couple times yesterday.  Also DRK.mn showing odd payouts... Like 3 DRK but masternodes still payed at right amount. 

When you look at the results from my page, you'll see that you can expect a payment about every 85 hours.

But, if there's an update, like we recently had to v0.11.0.6 and v0.11.0.7, the algorithm starts from scratch, so in the worst case (it starts right _before_ your Masternode would have been selected, and when it catches up you have bad luck and are the last one to get selected) it could be that you'd have to wait twice that time.

Happened to me a couple of times in a row (record is 7066 blocks, that's 12 days without a payment), but over time it levels out and no one has an advantage or disadvantage.
117  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: January 17, 2015, 11:59:38 AM
Eduffield with which block hit we have 7% decrease x block???

576 * 365 = 210240
118  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: January 16, 2015, 11:58:29 PM
Anybody notice the "News" anouncment at the top of the page? It links to this: https://bitcointalk.org/index.php?topic=919373.0

Now that we are based on BTC Core, is this an issue for us? Huh

Bump...

Anybody have feedback on this? I simply don't have the background needed to really understand this, but it looks to me like this could be an issue? If this has already been addressed, could somebody please toss a link my way? Undecided

I think this was already addressed by Vertoe. It gets resolved with 0.9.4 and we either already implemented that or will soon. Someone from the dev team may be able to answer.

I checked, it's implemented. Kudos to Vertoe.
119  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: January 08, 2015, 08:26:33 AM
[...]Spreadcoin [...] the number of coins required for a masternode be determined by market forces: https://bitcointalk.org/index.php?topic=715435.msg10076444#msg10076444

I think the idea itself is brilliant (hey, I LOVE self-regulating systems), but it's not a good idea for Darkcoin.

Right now, an institution (Government, some billionaire, some agency) can buy whatever they want number of Masternodes and there are still "free" Masternodes owned by you and me to secure the anonymity.

If driven by market-force, they could buy-out EVERYONE else and get 100% control.
120  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX on: January 06, 2015, 08:41:53 PM
is it me or did we lose a whole lot of MN's ? Current MN number 1663 .. last number i remember 1722 or more? Someone updating them or
are they in use on Testnet ?


Actually we never had more than 1680.

elbereth's site doesn't forget inactive Masternodes so they are still counted on drk.mn.

I've already informed him about this and he'll fix it as soon as he finds some time to do it.

You can temporarily use this http://178.254.18.153/~pub/masternode_count.png
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