another factor that lead to orphaned minting blocks is have a wallet without password protection when u start a wallet without password protection its always unlocked for minting if u start such a wallet and it is not full sync it try sometimes to mint even if not sync and that lead to guaranteed orphan attempts better have a password protection and only unlock for minting when wallet is fully synced edit: lot people say their coin are 7 days old why they dont mint POS from 7-30 days coin age only work for big coin pile (small pile only very rare success here) and it cut the coin pile into 2 smaller pile. so wait until ur coin age is above 30 days. then also medium sized coin pile will success in POS and small coin pile will use group stake mechanism and try together (max 100 dmd) to mint and merge them into a single coin pile (max 100 DMD) POS explained here: http://bit.diamonds/community/index.php/topic,46.msg376.html#msg376
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hello
some problem my stake
my wallet write
minting your weight 1588 network weight is 958451 expected time to earn reward is 4 days
and the problem 3 days later no refreshing minting info . my oldest coin is 2014.10.24 recieved my wallet
what the problem my conf : listen=0 noirc=1 connect=193.68.21.19 connect=54.191.208.14 connect=54.255.133.30 connect=54.86.164.216 bantime=600
thx
ur coins are below 30 days old there the minting of small coin pile have very much luck involved if u only plan have wallet open 2 days a month for minting wait until coins over 30 days age if u mint 24/7 dont worry minting will happen the crystal globe expected time to mint we display is no way a indicator u will mint in that timeframe it just give ya a small idea about the region ur minting will happen most likely u can /10 *10 the value to have a more realistic view so a 4 days displayed is more like between 1 and 40 days also it does only refresh in unregular intervals. i see most time estimated time to mint 1 hour and i mint like 2-10 times a day and not 24 times like a 1 hour estimate would make me expect i think we will leave the weight u and network displayed but remove that estimated time when it create so much confusion there is so much variables no one can calculate a expected time why we should display one
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a help to decide if u think a cloudmining solution for noble would be good too for now we cant start coding not enough NOBLE people told me they are interested to invest ROI @dmdcoin Cloudmining : 20,7% in 45 Days (over all) (estimate 167% ROI per year! and add 50% POS on top!) 27,2% for a pre 1st September Investor. (estimate 220% ROI per year! and add 50% POS on top!)
http://multipool.bit.diamonds/ email cloud@bit.diamondsi awesome ROI! If I had some money I would invest... (unfortunally I invested a lot in Genesis Mining) and of course you must see the value rising! and dmd will rise! What about coding? Does the start depend on how many NOBLE people say they are interested? Sounds a bit strange...was that the deal with rofo? (not sure, but you should not look for investors at a different Coin ANN.) coding for cloudmining payout support of noble only happen if there investors show up coding of pos wallet is different story that we did agree with jason will be done in exchamge for ecommerce access to everything noble have to offer for dmd users at same condition dont worry people pos will come independent from cloudmining
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i stick with my investment risc versus reward is here at crazy risc/reward maybe only 7 of us left at the end would be a fair coin distribution like NXT had just joking because there is like 50% of e o mine able later on i see no troubles with distribution and there would be additional the people from email giveaway
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question: if we could code a way where mining rewards at dmd multipool will be converted into dmd cloudmining shares instead if dmd payouts. are there people who would use that payout option? we dont wana code something if noone gona use it. until yet i had 1 miner requesting thst new feature are there more who want this?
Cryptonit - that sounds interesting but I would want the choice available. Maybe if it was a switch or something that I could turn on or off? we have a no login website (wallet without pw) so only stats visible but u cant set anything what i think could be possible is that u get a second btc address for mining and deepending on address it creates shares or dmd but have to crosscheck that with multipool dev
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question: if we could code a way where mining rewards at dmd multipool will be converted into dmd cloudmining shares instead if dmd payouts. are there people who would use that payout option? we dont wana code something if noone gona use it. until yet i had 1 miner requesting thst new feature are there more who want this?
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ROI @dmdcoin Cloudmining : 20,7% in 45 Days (over all) (estimate 167% ROI per year! and add 50% POS on top!) 27,2% for a pre 1st September Investor. (estimate 220% ROI per year! and add 50% POS on top!)
http://multipool.bit.diamonds/ email cloud@bit.diamonds
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a help to decide if u think a cloudmining solution for noble would be good too for now we cant start coding not enough NOBLE people told me they are interested to invest ROI @dmdcoin Cloudmining : 20,7% in 45 Days (over all) (estimate 167% ROI per year! and add 50% POS on top!) 27,2% for a pre 1st September Investor. (estimate 220% ROI per year! and add 50% POS on top!)
http://multipool.bit.diamonds/ email cloud@bit.diamonds
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ROI @dmdcoin Cloudmining : 20,7% in 45 Days (over all) (estimate 167% ROI per year! and add 50% POS on top!) 27,2% for a pre 1st September Investor. (estimate 220% ROI per year! and add 50% POS on top!)
http://multipool.bit.diamonds/ email cloud@bit.diamonds
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I have not seen a new post to this thread in almost 24 hours. Is everyone okay? Its unusual for everyone to be so quiet. everything is fine CEO (alex) came home from a crypto-related business trip and we are analyzing the results and possible opportunities from time to time i have to work serious and cant be only entertainer on forum threads
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we added NeoScrypt into http://multipool.bit.diamonds/with full stats and generation of lotto tickets as u can see we not far away of 50000 DMD mined with DMD Multipool and the percentage of DMD Cloudmining from total earned is increasing each day! once again thx to all who support DMD for me to make u who trust in us be satisfied is even more motivation than my own dream come true i gave up working towards an egoistic goal reaching something great together is way more motivation for me if u feel too that its time to support the DMD Foundation and ur own DMD Wallet then: INVEST ONCE -> EARN EACH DAY!
no power cost no maintenance no heat no noise nothing beside payouts
http://multipool.bit.diamonds/ email cloud@bit.diamonds for more infos
What's the best way to invest into DMD? In my opinion you should split your investment into the following: By buying 50% DMD direct and 50% into DMD Cloudmining This way you can maximize your profit and stabilize the coin. http://multipool.bit.diamonds/cloud@bit.diamondsAlso by providing your referrer wallet address we can make sure both the investor and referrer both get bonus shares. Got no referrer still want the bonus shares? Ask for a referrer here someone sure willing help ya get bonus shares.
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Hi everybody, I recently purchased another set of cloudmining shares as I have found thus to be a great way of contributing to the value of DMD and increasing my own DMD holdings. As part of my investment I offered 10% to a working fund to the foundation promoters (CVO cryptonit) as I have noticed some correspondence referring to rewards etc. It can only help for the guys to have some funding from the community for promotional purposes. All of us here would have noticed the time and effort DMD receives from the crew, and this is the most honest, fair and transparent I have come across. No questions go unanswered and we are all invited to invest as insiders. This should not go unrewarded, and as I have no time or skills to contribute in other ways, this was a great way for me to contribute and show my appreciation! I would encourage anyone else in a similar situation to consider donating in this way as it will assist us all by helping make DMD the success it will be. Kind Regards chilo
thx a lot chilo! i instant moved your donated DMD Cloudmining shares to a good use we have a nice lady which is working on graphic design of website upgrade new wallet and promotion material i gave her all the shares as a little "thank you" not as payment because like everyone who work for DMD the amount of hours we invest no one can pay us but while we others are in the privileged situation that we able to invest and build up a stock of DMD some are not and are living in countries where money is rare and people live from day to day
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Personally I like the idea and the ROI looks pretty good, but I'm done with mining for now.
this kind of investment is way more than mining its longterm coin support in form of constant buy pressure What do we get in return for investment apart having payout function if we don't hold any DMD ? If it's nothing then it's more a donation from NOBL users than actual investment and should really be worded accordingly where u see any donation involved? u donate nothing all the infrastructure and coding effort done for DMD Cloudmining is used without any fee if u talking about the minimum 10% of payout which is done in DMD if u not interested in holding them u better dont invest into DMD Cloudmining
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afaik there is no coin which run different POS mechanism side by side but that still could be possible (interesting idea...)
Agreed a Mutilple POS coin with only 1 wallet would be an interesting idea. Side thought if you ever decide to make one, You could call it Multicoin for this example, and use colors to separate the POS Specs in the coin. Multicoin Red at 50% yearly staked every 30 days Multicoin Blue at 25% yearly staked every 15 days Multicoin Green at 12.5% yearly staked every 5 days At the exchanges each one would have its own listing price. Anyway interesting idea. thats not the way i would do it but i cant tell ya how i would do it because we maybe do it (without someone use our idea )
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Compared some POS only coins CPU usage to Diamond POW/POS Cpu usage , and it appears diamond uses alot less CPU than the POS only which I am guessing is because it does less processing due to the work from the POW side. Was wondering how that would effect your thoughts on the Number of network connections.
POS CPU useage deepends a lot on the amount of different coin piles and POS frequency and code quality of POS adaption fitting to ur coin (lot coins implement POS bad and not adapted to the coin and it specs at all) DMD POS use high POS blocktime of 600 sec group stake anti dust mechanism and perfect adaption of POS and all settings towards our ammount of coins and the desired behavior combined that result in cpu friendly POS i told ya once DMD POS implementation is superior to most POS coins out there who if not u should be able to see that (u involved in a lot POS coins like i am too)
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Oh and does it make any difference in your opinion of a full POS verses a POW/POS in the above situation?
POS in pure POS coins and POS and POW/POS hybrid coins have no differences POS itself have multiple way how it can be configured but that have nothing to do if the coin use POW too or not a hybrid coin just have multiple way how block can be generated but each way on his own operate independent there are coins who run multiple POW simultaneous example myriad there each POW run independent from the other afaik there is no coin which run different POS mechanism side by side but that still could be possible (interesting idea...) but one or multiple POW and or one POS way to generate new blocks is no problem and every way generate blocks is working independent. coins with hybrid ways to generate blocks have a increased security against 51% attacks
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Cryptonit,
I have a question. My knowledge in cryptocoin economics is very limited, therefore I ask you this:
DMD cloudmining centralizes Hashrate power and permits people to invest in it without any mining background. What mining does, if I understood well, is adding new DMDs to the current coins count, thus increasing the inflation pressure created by daily new supply of DMDs (more DMDs for same coin cap is equal to dilution of price, right ?). If what I said before is not wrong, then I need an answer to this:
I don't see how the "buy pressure" you wrote about in your posts is created by DMD cloumining, could you pls explain me ?
ok i see u missed one puzzle piece than it will make sense to u DMD Cloudming dont mine DMD it uses profitswitching cloud hashrate which pay out the earnings in BTC towards DMD Multipool where its converted into DMD by utilizing tradingbots who buy DMD at cryptsy the earned DMD each convertion round will then be split between DMD Cloudming shareholders and sent to their wallets "Profitswitching cloud hashrate" Frankly, I only understood that investor's money is used by trading bots. I am a total newcomer to DMD cloudmining. Could you pls explain me this again like you would explain it to a kid, pls ? mining: generate new coins by solving cryptografic work done with cpu or gpu or specialiced hardware (deepens on the algorythm the coin use) cloudmining: instead of everyone runs his own hardware at home replace old hardware with new hardware a company is doing it and sell the hashrate (miningpower) in shortterm longerm or even lifetime contracts. most cloudmining provider pay out earnings in BTC but do mining by profitswitching profitswitching: instead of always mine the same coin it mines the most profitable coin mineable with its hardware multipool: allows profitbased mining and in most cases select the desired payout coin dmd cloudmining: uses longterm 5 years and lifetime cloudmining contracts bought at B2B conditions which do payout in BTC but use profitswitching for maximum profit. the earned BTC run through DMD Multipool which convert it into DMD.
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Cryptonit,
I have a question. My knowledge in cryptocoin economics is very limited, therefore I ask you this:
DMD cloudmining centralizes Hashrate power and permits people to invest in it without any mining background. What mining does, if I understood well, is adding new DMDs to the current coins count, thus increasing the inflation pressure created by daily new supply of DMDs (more DMDs for same coin cap is equal to dilution of price, right ?). If what I said before is not wrong, then I need an answer to this:
I don't see how the "buy pressure" you wrote about in your posts is created by DMD cloumining, could you pls explain me ?
ok i see u missed one puzzle piece than it will make sense to u DMD Cloudming dont mine DMD it uses profitswitching cloud hashrate which pay out the earnings in BTC towards DMD Multipool where its converted into DMD by utilizing tradingbots who buy DMD at cryptsy the earned DMD each convertion round will then be split between DMD Cloudming shareholders and sent to their wallets
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Someone invested 1 BTC on Nov 1 and he got back 12 dollars or 62 diamonds in 9 days. Yet BTC rose 23.5 percent in the last 7 days. http://fiatleak.com/and please don't patronize me with word salad. We and I. The problem is you actually recognize that diamond doesn't have the liquidity of other coins. and with 600,000 plus in circulation and no one moving them. You are trying to keep the price stable with this cloudmining thing. Poll it to the community.Watch where the bitcoins are going. http://fiatleak.com/ In the time it took to write this 21000 bitcoins went to china. 1100 to the US and 0 to Europe. Thats liquidity great analysis mr1k thats what i dowe are open to any great ideas and even more to people who act to make things happen how u plan to contribute to our success story? what u suggest to make us perform more like BTC turn time back and make us first broad adopted cryptocurrency? if u watch the situation realistic we doing here a great job to repeat bitcoins success story and we still have 2 years to be where bitcoin is now just the time i write this our CEO is taking part in a cryptocoin convention to make sure we DMD Diamond are part of the cryptocoin future u see me hang out at BTT managing comunity but i am just the top of the "iceberg" love me or hate me but dont be a fool and think i am "Diamond" "Diamond" is the "collective property" of everyone who contribute to it a "dream" a "vision" of the future we want be part of.
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