Yep, I've lost coins to the hawk-whale-buyers-on-the-dip... that wasn't happening on prior rise/fall cycles.

It hasn't. And there is yet another thing that hasn't been priced-in or calculated, which is highly relevant with this...

Most coin threads discuss about Blackcoin-type-multipools and how they should have their own multipools of this type or how mining-other-coins-and-dumping-them is so bad for the mined coins and so good for their own coin which they buy with the profits of dumping other coins, etc etc.

The block reward formula of Darkcoin (decreasing reward as the hashrate escalates) allows it to BENEFIT from Blackcoin-type-multipools that mine other coins and dump them. For when, say, a blackcoin or whitecoin sends hashpower to Dark, then they are reducing DRK's inflation and thus elevate the price of current coins.

The same is true for FPGA's, ASICs, etc. Other coins panic, DRK says "bring them on", we'll reach minimum block reward sooner / the total number of coins will bottom out....

So close to 45% down... the energy saving effect is maintained.

Hmm ok... another question: How much power is drawn for scrypt operation of the same 5 cards? I want to establish the power diff between amd (-50% compared to scrypt) and nvidia (-??% compared to scrypt).

240w full system draw for 5 cards pulling 7.65 MH? That's amazing.... I'm aware of the high efficiency of the 750ti in scrypt, but the hashrate and power draws are very impressive.

Have you tried any overclocking?


If you cut the mining for a while, how much is the system drawing?

By sequential darksending node after node (say 10 laundry rounds in 10 different 10 nodes), an evil party should control all 10 nodes, not just 2-3-5 of them. The possibility of someone controlling every node or the vast majority of them is zero.

=Update to the latest wallet.

BUMP for everyone updating...

You can avoid that by sending transactions sequentially through multiple nodes... so, if say, the transactions are darksended through 10 nodes, a controller should be able to control all 10 to map the transaction from it's start (input) to its finish (output).

I'm not the whale pushing the prices either way, so... how should I know? I'm a long-term holder, so it doesn't really matter for me what the price does today or tomorrow, although it can be useful for daytrading and increasing my DRKs.

Oh it's a pump* alright... no arguing there, but the price stabilized to 0.036 from 0.0016 after the last one... so if it stabilizes to 0.004-5 after this one, it builds up in terms of price. And, of course, the distribution is improved significantly every round of pumping.

* albeit a very small one in terms of price increase percentage, unlike pumps which take a coin up by 10-20-50 times.

This was said in a similar fashion on why it wouldn't go over 0.0015... When it got to 0.0065 (3$) haters must have exploded

The transparent market right now (which are all non-anonymous coins) is ~7bn USD.

The anonymous market is ~ 10 mn USD.

If 1-10% of the transparent market moves to the private/anonymous market, we are talking about 70-700mn USD for all anonymous coins.

This "pie" is too large for a single coin to own it. In fact it would be unhealthy to do so. Therefore multiple coins can co-exist in this 70-700mn market cap and benefit from it (by multiplying their price and marketcap), all the while competing to make the best anonymous solution (which, again, is quite healthy).

Clones aren't much of an issue though because a) they are not innovating b) their price barrier will always be dictated by the "why should I invest in this clonecoin instead of the original?" factor... and the more clones there are, the better it is for the original coin - as the market is saturated with clones.

Btw, Darkcoin is not only about privacy: It's really a bleeding edge coin / a development platform for new stuff - and I predict a bumpy ride due to this issue alone, as much stuff will need patching as it goes along. I believe there will be issues with future functionality as some of the things are totally new and have the potential for quite a few bugs to resolve, like the 10% payment, in a proof of stake/proof of service way, towards the masternodes. We might even see fork failures. Bleeding edge, is bleeding edge - so one must be ready for everything... Personally I'd take bleeding edge any day over a shitcoin - and so far it's paying out handsomely despite whatever issues have appeared and been resolved so far.

Regarding future development, the Dev is commited* to bring new features in the long run, including more anonymity features + mainstream features. He hinted of a killer mainstream feature after he finishes with DarkSend. We'll see how that goes.

* As a full time job for the next 2 years.

Too much fud concentrated on a single post.

1. DRK wasn't premined or ICO'ed. It had fair launch with quick issuing curve due to late diff adjustment (which produced a lot of coins in the first days) for all miners that were mining it.

2. Devs don't have 50% of the coin. What you are reffering is the 50% of the current coins which were issued in the first few days of mining and these were spread to all miners mining it, and then these were distributed at dirt-cheap prices (sell orders of XX.XXX coins at 0.0000x BTC each at ccex), which were then resold at higher prices etc etc. With millions of USD in volume the last month, any mention of problematic distribution has become totally obsolete due to loads of selling action from those who held cheaply bought coins from the first two-three weeks or so. For anyone following the price of DRK they know that there was constant dumping of the first coins for one and a half month - with many complaining of the price suppression and the first coins etc etc. However, you can't have both price suppression/dumping AND simultaneously preserve the initial distribution. It's either this, or that. You can't have both. So the dumping ensured that the initial distribution changed significantly. And when the pumps came, massive unloading occured at post 0.002 levels which made distribution very good.

3. Cryptonote is too problematic right now. Refinement is a very mild way of putting it. The fact that exchanges don't even add these coins is an indications that they are doing something wrong. Command line wallets are also very ...80's. The fact that DarkSend can be implemented as a "hack" on Bitcoin clones is actually an advantage because it can provide anonymity to multiple cryptocurrencies instead of requiring new coins, while preserving the Bitcoin infastructure (GUIs, mining programs, exchange software compatibility etc etc).

4. Regarding the devs changing the coin max limit: It was voted by the community, it wasn't a single decision by the devs. The vote is here (78% in favor): https://bitcointalk.org/index.php?topic=525093.0

...this should answer the "fud" of the above and below posts.

24 HR HIGH
0.00644550

...that's $2.9.

Bumping it so that it doesn't get burried.

As far as I know all pools for DRK were patched back then - I'm not sure though about newer pools. As for a way to check, I can't give you an answer. Someone familiar with the issue probably can.

It does support X11 / DRK. I can't help with the error though.

That's an old issue... check the discussion near these pages: https://bitcointalk.org/index.php?topic=421615.8620

Elbereth set up the wiki here: http://wiki.darkcoin.eu

I contribute / edit the texts whenever I have time.