It's not controversial, its plain god damn greed and nothing but.
So why do you mine coins? Is it out of the good of your heart? All I'm saying is DRK is in a unique position to let the old antiquated and inefficient ways die. Circle of life man. Old and antiquated....you must be 20 if you think a 5 year old, infant technology is old and antiquated. Listen, man, I mine because its open to everyone, big or small, your 'idea' is not. Its more of the same. Collect as much as you can for yourself and then spoil the rest for everyone else. Dark is open source now, go ahead and fork it, setup your pos system with 5000 nodes, problem solved. |
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See how well transactions are relayed without them.
With InstantX the transactions are going to be processed by the MN network anyway, and instantly. So... yeah... Edit: Hey man, I know it's controversial. Just take a deep breath buddy It's not controversial, its plain god damn greed and nothing but. If I want some dark now I can solo mine with my farm. You would prefer I go through a gated system, how is this different that the banking network? Are the MN's processing the blocks now? No, the miners run the show, and will for the near future. See what happens when you tell 80% of network, oh btw fuck you guys. |
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I just read the thread on darkcoin talk. Here's a gem,
"What really needs to happen is have a centralized service like coinbase launch that allows people to store their darkcoins on it for a percentage of a MN. Lets call this website "MasternodeShares".
and another
"I agree, why not just get rid of "mining" altogether and have the MNs secure the network? "
So you guys want to centralize the network, and fuck the miners who got the coin this far, just to enrich the core group of node holders? If this is the current strategy it is no wonder the coin is tanking.
Forming a private cartel for your own self interest. I would dump my coins the second any of this shit was even entertained by Evan.
Thanks for quoting me. (the first part) Here's my reasoning: - Not everyone has 1000 darkcoin to create a MN.
- Not everyone knows or wants to learn how to run a MN.
If the issue is that there are too few MN's to be optimal, lowering the barrier by having a service offer shares for MN's is a good thing. It increases the number of nodes on the network, earns interest for the share owners, and locks the coins away creating a deflation. The risk is by having the actual centralization of the coins for the service but that would be no greater than Mintpal or even Cryptsy as it is now. The benefits to it is that it doesn't lower the MN cost and attracts smaller fish into the economy. All in all, I think it's a good thing. For the second quote, PoW should definitely remain in play IMO. The MN's already earn mining rewards, I see no reason to also have them receiving PoS rewards as well. [/list] I've got no problem with mining collectives as you state, but removing pow, is completely ridiculous. Proof of work is the defining feature that separates crypto from fiat. |
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So you guys want to centralize the network, and fuck the miners who got the coin this far, just to enrich the core group of node holders? If this is the current strategy it is no wonder the coin is tanking.
So it's the miners who got the coin this far? Not Evan or his beautiful MN network? Take a day to think about it and straighten out your thoughts... Yes it's the miners, and its still the miners. See how well transactions are relayed without them. I have thought things through, you want to turn the coin to POS to pump the price and make current masternode holders even wealthier. The rich get richer. I can't even believe this horse shit is being entertained on darkcointalk. |
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I just read the thread on darkcoin talk. Here's a gem,
"What really needs to happen is have a centralized service like coinbase launch that allows people to store their darkcoins on it for a percentage of a MN. Lets call this website "MasternodeShares".
and another
"I agree, why not just get rid of "mining" altogether and have the MNs secure the network? "
So you guys want to centralize the network, and fuck the miners who got the coin this far, just to enrich the core group of node holders? If this is the current strategy it is no wonder the coin is tanking.
Forming a private cartel for your own self interest. I would dump my coins the second any of this shit was even entertained by Evan.
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Precious metal backing??? This defeats the entire purpose of crypto currency. Who do I have to trust to hold my metal in custody for me? This is the dumbest idea in this entire thread. The entire point is the system already backed by proof of work. All this bitching about fixing things that aren't broken is nothing but a reaction to a low bitcoin and hence a low darkcoin price. We don't need optimized mining software or unwanted, convoluted extraneous services. We need demand and adoption for its primary purpose, anonymity. |
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If a comet came at the earth would it be up to the weatherman to give us that warning? and would it be a tornado warning sound?
Yes, the local weather girl has priority access to data regarding near earth objects.  |
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...
This is great and all, but have you measured the power usage? I would need a 300% increase in speed, with no increase in power just to break even mining dark with my farm and I'm only paying$ 0.11/kwh. There is nothing to mine at a profit right now, I'm running a slight loss (5%) at the moment. |
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Is this one more elliptical?  Oh noes!! Scary goat, and those still aren't ellipses. Go back to grade 9. |
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whatever.
What will it changes my everyday life?
Or my life in any sense?
Stupid science and fundamental research. "What good is quantum mechanics?" said idiot to Schroedinger. Enjoying your transistors? |
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I love that, even the Daily Mail commenters think this is a load of bullshit LOL  You do realise that they spotted black holes with fucking telescopes and probes right? They didn't even need to do mathematics to prove they exist, I love religious people like BaDecker, the more science proves them wrong the more desperate they get. The best part is the uneducated lay people arguing about topics they are most ignorant about. Do they not see a problem with this? Here's a hint. Math is a model, an approximation to reality. Take a simple example, the inverse square law, 1/r^2. Works perfectly well for orbits, but set r to zero... OH NOES!!! REALITY IS BROKEN!! The earth just lost all mass because I put a zero in the wrong spot!! Enter a new model, dirac delta, reality works again...no jesus required. |
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Book smart is not enough to make (a lot of) money.
To be hugely successful I'd say 70% street smart and 30% book smart.
The brightest people I know by college standards are not even rich.
Maybe they figured out that there is more to life than gross excess and consumerism? |
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They are real, the chances of another species in another planet is high. Look there are so many planet in the galaxy..
A galaxy is a massive, gravitationally bound system consisting of stars, stellar remnants, an interstellar medium of gas and dust, and dark matter, an important but poorly understood component. The word galaxy is derived from the Greek galaxias (γαλαξίας), literally "milky", a reference to the Milky Way. In galaxy many millons of planets are their The "aliens" take moons from the gas giants and place them in a configuration that traces out a pentagram as they orbit in synch in the most optimal energy configuration around the star. One need only look for this "signature" in the light from stars to find other creatures like ourselves.  wow circular orbits, someone better tell Kepler...  |
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AppleBye has higher chance to reach 200 satoshi than Dogecoin.
Dogecoin has more volume which makes it difficult for it to move to 200 satoshi without heavy buying
Dogecoin has more volume, but look at RIPPLE which holds currently place number 2! You can't count for sure that Doge isn't able to overrun AppleBye one day. People need to stop pointing to ripple. The available coins were doubled? tripled? a couple months ago. The market cap literally went to #2 instantly with no change in price. |
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unfortunate title..
only for the woman |
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Question for those more knowledgeable on mining / EC2 matters:
I don't have the exact numbers to support this claim, but by my estimations of the last few days, EC2 mining via GPU/g2.2xlarge instances seems to be more cost-efficient than EC2 mining via c3.8xlarge. Is that at all possible?
I had about 30 c3.8xlarge instances running yesterday, and replaced them with about 30 g2.2xlarge instances. The total hashrate seems to be lower (hard for me to add it up, but maybe about half of the CPU instances), but cost is closer to 1/3 of the CPU instances.
Just asking, hoping someone with more experience in this can maybe confirm this intuition, or tell me if I'm most likely wrong.
What are the has rates on the c3.8xlarge and g2.2xlarge, what are the costs? Rates is easy: c3.8xlarge is around 0.3 USD/hour, g2.2xlarge around 0.1 USD/hour. Slightly lower in fact, but let's compare them by max rate. You sure? its 1.6 linux and 3.008 windows right now for the c3.8xlarge |
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