Yet another point of view: Because of the variations in the algorithms, there might be more CPU involvement, and the GPU will never reach "peak efficiency" because it is being re-tasked to run a different algorithm, which will take some number of cycles away from raw computer cycles, or at least running them differently...
[Disclaimer: It's quite possible I'm completely off base here]
CPU use is practically 0% for me. Actually the cpu is so free that it can run cpuminer at full speed, like the gpu miner didn't even exist. I think that the GPU is simply losing time in some operations in which it is not good at. CPUs on the other hand may "rape", in terms of speed, some operations that the GPU cannot due to, say, lack of instruction set, large l1 cache etc. |
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Here's another point of view... assuming that we can't push any more performance out of the GPUs while mining darkcoin, it could be argued that it is less efficient because you need to purchase 2 cards to do the work that 1 card should be capable of, in terms of raw computing power.
Not really. In darkcoin one of your cards equals one of another's person cards. Everyone is equal but burns less. In scrypt if you went to reduce performance + watt consumption you would be disadvantaged versus the performance of others. Here everyone is running at what the gpu miner can currently give as max speed. I was thinking about this earlier, does anyone know how hot GPUs run mining bitcoin? If that runs cooler I would tend to think the extra power draw and heat is because scrypt pretty much rewrites the entire ram available as fast as possible over and over again, whereas Bitcoin/Darkcoin would only use a small amount of ram.
Bitcoin uses less ram and for that reason is actually slightly harsher on the GPU itself. A plain cgminer 3.7.2 with cgminer --benchmark ...will show SHA256 hashing speeds/temps. In general more ram use = more time for the GPU to breathe and wait for new processing load (and of course that degrades performance). |
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It's the official pool so no need to panic. They are going up and down today (as far as the site is concerned). edit: It's up now. |
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Here's the new version of coin visuals. Opinions and suggestions are welcome, and I also wouldn't mind if something dark crawls into my wallet, so donations are welcome as well.  XwBidPQVnGFEzqfJbTybS9gyXX2yu1JbfM  If you have like 5-10 different images, with lights, without lights, different angles, lighter, darker, more metallic, less metallic, slightly colored, more this or more that, then upload the different variations so that we can have a "menu"...  This one, I think, has too much light. |
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Thing is, with a global supply in the range of tens of billions (as it will be in the mid-term), there is a problem for the price. Generally, coins issued in the billions like crazy are not a good idea for preserving value. You don't even need "dumpers" to destroy the value. It will be destroyed by itself over the course of time. DOGE has managed to hype itself more and counterbalance this effect but in the long run a large supply is a very serious problem.
Absolute coin supply number doesn't matter because you can always normalise it and evaluate the market cap. If Kittehcoin had 100x less coins, then individual coin price would be 100x higher with everything else being equal. Same idea goes to block reward. It will always scale linearly with coin supply, what matters is block halving period which determines supply gradient. There is a psychological factor that distorts that, otherwise, perfect mathematical symmetry. For example if the coins were like 10.000x less, the value would not be 10.000 more because people would say "are you kidding me?" There had to be some fundamentals in place apart from the relative scarcity to justify the cost. Extreme cases like 42 have a collectible interest and thus represent an exception. |
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Progress Report #6
Thanks to everyone that showed up last night to help out with the alpha test! We had a great showing of about 30 people and a full chatroom at #darkcoin-test. After 3 full hours of darksending money randomly around, we ended up doing over 100 darksent transactions!
It worked fantastic, so next I'll be moving on to fixing some of the last known issues, then on to the next milestones.
Looking forward to the next test. Thanks everyone
I've not been able to participate in the darkcoin tests but in the next test (or privately) it may be beneficial to try out a few bots that try to send multiple darksends simultaneously, thus generating thousands of transactions to see if there is anything that can go wrong in terms of increased "load" / emulation of transaction spam attack, etc. |
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Someone has still mining with cpu miner? An improved version of the miner may come soon Will there be an improvement for older CPUs without AVX and AES? AES processors will have an improvement by about 10%. For not AES processors processors I can work on it, I have some idea for about a 5%. Do you want to do some test for this? I need testers with linux that can compile by himself I'm in for the linux non-AES/AVX. |
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The price is pushed down for big players to accumulate large position (i believe they want at least 300-400mil, maybe more). Not saying that the coin will be pumped, but selling now isn't the best move you can do. Watch the market and thank me later.
Thing is, with a global supply in the range of tens of billions (as it will be in the mid-term), there is a problem for the price. Generally, coins issued in the billions like crazy are not a good idea for preserving value. You don't even need "dumpers" to destroy the value. It will be destroyed by itself over the course of time. DOGE has managed to hype itself more and counterbalance this effect but in the long run a large supply is a very serious problem. Large supply by itself, sure. With no buy support, interested people, all dies. I won't go into DOGE case, I have no crazy ass idea how they managed to pump that retarded meme up so much (all speculation about market manipulation aside). Thing is; I'm here for few months, and already I can spot how actually - there's really little number of coins that go really out in the world. If you think about it, only BTC to date has some real world implementations. Let's not call faucets, simple dice games, some random (small) shops, tip bots and such something that is available to masses, because it isn't. It's all mostly a crypto-to-crypto people environment. So, basically, any coin that can potentially go a bit further will surge with usage and thus value. THEN; billions are welcome, actually, as trading 0.00000042 (pun intended) for something really, imho, looks stupid. Why not 100 MEOW instead? Or DOGE; I'm not saying it's all retarded, but most parts are  From that point, if this coin really has 12 motivated devs, I expect them to come up with something that's not only like 3 new faucets. If they manage to do something more, it will sure add up. And yeah, we should also do something, but as stupid as it sounds, I believe we first have to let them finish up what they have planned. Sure as hell they're taking their time But, faith is strong Cheers I personally mined for a while (when it was like 4-5x than DOGE) and then bailed with the whales multipooling. Now I'm simply trading it - kind of like my favorite coin for trading really. I don't really get the dev hype, to be honest, nor do I believe that an scrypt clone with tremendous coin supply can do anything significant price-wise except for some unforeseen event like someone pumping it up for some reason. As the time progresses even this scenario becomes more unlikely because pumping is easier in a market with less coins and way harder in a market with more coins. Probably those dumping are already at like 10x profit from buying millions upon million in the sub3 satoshi range. I think they are a little "sadist" in their mentality of killing kittehs... I mean I see some sell orders in the mid15's and I'm like WTF are they doing... they don't care about selling low, they are more happy that they are destroying the coin - and maybe proud of it in their minds... If I had to guess I'd say that some of the whales who are selling may be kids or hackers who found their way into many bitcoins or other coins and then had fun with "investments" and then even more "fun" with the concept that they are so powerful that they can control an entire market and make everyone suffer and cry. |
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The price is pushed down for big players to accumulate large position (i believe they want at least 300-400mil, maybe more). Not saying that the coin will be pumped, but selling now isn't the best move you can do. Watch the market and thank me later.
Thing is, with a global supply in the range of tens of billions (as it will be in the mid-term), there is a problem for the price. Generally, coins issued in the billions like crazy are not a good idea for preserving value. You don't even need "dumpers" to destroy the value. It will be destroyed by itself over the course of time. DOGE has managed to hype itself more and counterbalance this effect but in the long run a large supply is a very serious problem. |
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The problem is not the news message per se. If it were, then it would be the same for everyone that would have to react to a given market where everyone would adapt on the same level. But the ruling elite CREATE the news. They own the money, the resources, the politicians, the bankers and the media. By creating events & news they are miles ahead of everyone else.
As I wrote earlier if knowing the future can be good in terms of financial investments, controlling the future is off the charts - and these actually people control the future and by association the market. They are literally kings of (any) market.
This is serious stuff because it's not a question of some "weak hands" losing. It's a multi-layered objective which intends
a) to acquire control of the BTC market for peanuts and without exploding the price of BTC through their buying (that would make everyone say "wow look at BTC, we've got to have some") through the cycling buyback process
b) to make BTC very volatile through controlling the future/news/political-economic decisions AND the coin supply (useful for creating dumping panics), thus making it unusable and untrustworthy as a currency. What you see in the news as "news", are carefully choreographed signals*.
c) to control all other cryptos through BTC, making them even more unstable and untrustworthy (BTC price going up & down + even more volatility of alt cryptos).
d) to make adopters "burn"
e) to shake off even "stronger" hands through planned events and news stories that escalate the attack to unbearable levels. Those who laugh at weak hands, there will come a day that your faith (even as an "expert trader" / investor / bag holder for years) will be tested and some of you will fold saying "ok, I need to bail" - unless you are already sitting upon a mountain of fiat + have a few thousands BTCs laying around. This is already planned and plotted as a gradual escalation and it's only a matter of time of how and when this will play out.
f) to eventually defame cryptocurrencies and then offer their own "solution" to the "problem", which will be centralized and "regulated", government issued / globally issued (by an association of nations), electronic currency.
* This process has been used in other markets as well, for example oil. Imagine the elite in a conference room with 10 "buttons" in their hand. One button is titled "refinery explosion". Another button is titled "rebels set oil rigs on fire in X third world country". Another is called "announcement of strategic reserves that fell/rose etc". Another is called "OPEC decision to lower/higher production". By pressing the appropriate "button" they activate the corresponding "scenario" which triggers the appropriate event and news story. In this way they make the market. They have already "played" the market before hand and when everyone else reacts to the news, it's already too late.
Essentially the news stories are just an excuse through which the game is played. Financial "analysts" and financial "reporters" try to associate a news story with what happened on the market and "explain" the recent market moves. For example, "oh yes the oil refinery exploded so the price of oil went up". Sounds convincing for most people... Few will THINK and say "ok, how the hell did a refinery explosion, which does NOT affect crude production in any way, can actually have any impact on price of crude?"... or "how the hell did rebel action in X third war country affect oil price so drastically when they are contributing a meager few thousand barrels per day?".
Oil is just an example. The same is done for energy (see the documentary of Enron where they created crises to pump price - but imagine this happening not on a lower-corporate level, but on the highest level of the plutocrats / oligarchs of this planet). The same is also done for gold. Take for example the news story of Cyprus selling their gold in 2013 - just 15 tons or so (which is the mining supply of two days with global mining output averaging 2500-3000 tons per year) that send gold crashing. And they didn't even sell it to begin with. Note that when the gold price was going down the actual metal (and not paper contracts) was hard to acquire physically in three quarters of the planet due to extreme shortages. The low price sent people to the stores to buy more gold and everyone run out of gold bars/coins etc, yet, "somehow", the price was ...crashing.
The same pattern of manipulation is hitting the BTC market for a few months, and it is not by the BTC-market players but from "high above". Only in methods is it different so the "buttons" that activate scenarios => events => news, that will sent BTC crashing are different than say gold or oil. The purpose of this manipulation is also different but the end-goal is always the same: Maintaining full financial dominance over the affairs of the planet and leaving no loose ends unmanaged (like BTC).
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Metal style
Have to admit this is quite nice. Why do people insist on putting random binary though. Here's binary for darkcoin 01100100 01100001 01110010 01101011 01100011 01101111 01101001 01101110 Perhaps he can give us various versions of it including the correct digits? I think it's definitely on the right track. One with a line in the D, one with a keyhole, one with less light on the center, maybe less pale* etc, perhaps a slightly more 3D one with the D being more "sculpted" instead of flat, etc etc. Maybe we can have 2 versions, a totally plain 2D and the kick-ass-3D'er  * I did some GIMPing on it to make it darker / more sharp etc. 3 versions: http://postimg.org/image/p7grpjqf1/http://postimg.org/image/gdpv8g3gd/http://postimg.org/image/5zp1f7ipp/ |
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Hey guys what kind of hashrate should I be getting on DRK with 2 mh/s scrypt?
5-6mh/s. Do you consider this a logo?
I think this is more like a photorealistic coin, but in no way this is a logo.
It's pretty good actually |
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Given the variable block rewards, is there any way to know how many DRK have been mined to date? I'm watching the dumping on the exchanges at anywhere near 0.002 and there's no way it can be mine-to-dump. There are only 13,248 being mined per day at the current diff / reward, yet people are dumping hundreds and thousands at a time. Much of it must be early miners or buyers who have the attention span of a goldfish, and I'm curious how many of them can be left at the current turnover rate.
There was some pretty big buying when it hit c-cex and the volume spike in the early days is apparent. I remember a buying order like 50.000 coins at 0.00018 and people thought "nice we are cashing great by selling to this guy"... which then turned to something "look at how this buy order is chewed up"..."hmmm maybe it wasn't so smart to sell" which was followed by a price spike to 0.0005, lol. Well this guy has made like 45.000 coins for "free", considering the current price of 0.002. And there were other orders too, further back, starting from 0.000020something to 0.000070something. Many coins acquired back then by investors. As for mintage, it is ~3mn / 81mn to go. |
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Wow current diff is 408
Multipool or a large farm must have jumped on it... that means they'll try to dump mined coins - they rarely hold... They didn't seem to stay around basically after that diff spike. Diff now 169. |
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I managed to make GPU miner a bit faster, now it does 2.5 MH/s on R9 290. Also I fixed a couple of bugs related to diff stats displayed as 0. Check out this thread for updated miner: https://bitcointalk.org/index.php?topic=475795.0. It's based on sources of yet unreleased sgminer 4.2.0. 5830 from 652kh to 958kh. Nice. 6850 (win) from 785kh to 996kh. |
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Every since I've been mining Darkcoin with GPUs, my mining room has been 20 degrees cooler. We should really get the word out on this, it's a huge benefit.
As someone in an area that currently has 6ft tall snowbanks outside, this is actually a bad thing right now, as I can't depend on gpus to heat my place. Try this: Open an instance of drk sgminer and another of an scrypt cgminer of some other coin and then play around with their intensities to prioritize the hashrate (and by extension control the temps higher). |
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Cr(a)ptsy added Maxcoin... DRK is now the only coin they've yet to list with top25 coinmarket-cap / top20 volume, with the exception of NXT (difference in wallets?), so, naturally, it's just a matter of time.
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Every since I've been mining Darkcoin with GPUs, my mining room has been 20 degrees cooler. We should really get the word out on this, it's a huge benefit.
It's a benefit for as long as we all have the same GPU client because we are all saving electricity costs. If someone manages to tweak it and get 2x performance (if the gpu is not fully pressured then there is always room for improvement), then we'll have a problem. -If he keeps it for own use = problem for the rest because he has a 2x advantage in mining. -If everyone has it = problem for our electric bills |
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I like the concept very much...Mining this right now since it has a GPU miner
l but maybe then price too high at the moment, coz like MTC (now MTS) after when GPU miner released price went down ~-50% and before that coin was "cpu-only" How long ago was the GPU miner released? 5 days ago: https://bitcointalk.org/index.php?topic=421615.msg5151856#msg5151856 On that day not much GPU activity occured. The next day there was a substantial increase in hashrate but the difficulty elevated significantly after 2+ post GPU-client launch. At the same time with the GPU miner launch however there was also an updated cpuminer (1.3c) which enabled AES/AVX acceleration giving further speed improvement. And for the poster prior to that, the price didn't go down post-GPU. It went from 0.00047 to 0.0020+, over 4 times higher. |
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