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thank you both, the extraction was exactly what i was looking for (gives a nice pie form with %)
Mining network looks healthy.
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Those are multipools, simply mining the most profitable coin at that particular moment (depends on the algo), convert it to BTC and buys DASH for you if you want to be paid out in DASH. The diffuculty only relates to X11 mining. Multipools will only help the price as it will directly buy from sell side.
Okay, got it. So i guess its GPU farms that drive the difficulty up then at certain moments for Dash... Yeah they mine Dash directly. Out of curiousity is there a link to an overview of current mining pools contributing to the Dash network mining power (in %) ? I cant seem to find a link. |
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Those are multipools, simply mining the most profitable coin at that particular moment (depends on the algo), convert it to BTC and buys DASH for you if you want to be paid out in DASH. The diffuculty only relates to X11 mining. Multipools will only help the price as it will directly buy from sell side.
Okay, got it. So i guess its GPU farms that drive the difficulty up then at certain moments for Dash... |
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Interesting how our network mining difficulty have these huge fluctuations between 1400-3400 (which causes MN payments to fluctuate too).
I wonder how the mining difficulty will develop during the months to come :
Will bitcoin miners / multipools switch to dash mining to save on energy during this hot summer ? (at least its very hot here in Europe)
Will dash-miners / multipools switch back to bitcoin after the summer when things cool down again ?
Or will it just keep fluctuating like it does now ?
How do you expect bitcoin miners (sha asics) to turn on to x11 thus DASH mining? Dash has pools that allow SHA mining and turn the outcome in Dash if i'm not mistaken.. i assumed thats what causing the high mining difficulty at times. edit : i could be wrong here, i dont know that much about the mining pools. It can just as easily be GPU farms that temp drive the mining difficulty up. |
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Interesting how our network mining difficulty have these huge fluctuations between 1400-3400 (which causes MN payments to fluctuate too).
I wonder how the mining difficulty will develop during the months to come :
Will bitcoin miners / multipools switch to dash mining to save on energy during this hot summer ? (at least its very hot here in Europe)
Will dash-miners / multipools switch back to bitcoin after the summer when things cool down again ?
Or will it just keep fluctuating like it does now ?
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Both bitcoin and dash are rising at the same time, nice.
Doesn't happen that often.
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Please could the community of Dash present their views on this upcoming publication:  I am the author "Christopher P. Thompson" cool, i see some of your publications are sold on Amazon. ( http://www.amazon.com/Mr-Chris-P.-Thompson/e/B00S5L3PVM) I will keep an eye out on this one. If you need some fact checking or something i suggest you contact tungfa |
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thats a lot of do's in one sentence ..  |
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thank you my lovely masternode for that 5.2 MN payment, from now on i swear to treat you with just kindness and effection |
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interesting and also one of the few articles i read that just uses the name Dash and not feel a need to mention our former name. +1 |
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edit : anyways (and a different topic all together) it looks like we are finally breaking through our lower boundry price range, correction processed sorta speak.
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first we see articles that the Greeks themself are not responsible for the recent bitcoin price rising and now we see this : Greeks are rushing to Bitcoinhttp://money.cnn.com/2015/06/29/technology/greece-bitcoin/?iid=ELNot sure what to believe anymore, maybe this all started after the default to IMF but i dont see it in the bitcoin price currently. Could be that they are still in the "asking questions" phase right now... |
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not badddd :  |
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meanwhile Dash is making a fast recovery :  |
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Looks like the Greeks have submitted a proposal that might get accepted.
Phew.
i doubt it, the proposal is too vague at the moment and too late. Germany will only start negotations after the referendum and the troyka will likely hold onto the key-elements they consider vital themself which still conflict with any greeks proposal so far. i think Greece is heading straight to an IMF default .. i guess we hear more in a few hours after the EU ministers of finance give a speech (most likely we hear more from Dutch chairman Jeroen Dijsselbloem soon) http://www.dailymail.co.uk/wires/reuters/article-3144948/Dijsselbloem-says-Greeces-stance-change-new-bailout.html |
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My interim target for the next rise is $6000 per bitcoin.
I've had this notion for a while but haven't had the bottle to post it in public. However, I keep returning to it when I stare at charts. I don't really see how a significant rise could be much less given the consolidation of the last year combined with developments.
Sure, there'll be some corrections on the way - some that might last a few weeks or a couple of months - but that seems to me to be the next station. I know it looks a lot from the perspective of where we are now, but it's still peanuts in the scheme of things. The marketcap would still be a drop in the ocean.
The thing is, Bitcoin is either a universal, counterparty free, globally transmittable store of value or it isn't. If it is, it's a pretty big deal. Many people know about bitcoin now. The next rise will be seen by them as a 'signal'.
So there you have it. I've said it.
*** $6000 per bitcoin next stop ***
Have a nice day.
i can work with that number.. question is will the $ be wearth as much then as it does now ? with a possible derivatives crisis looming over the US ? http://etfdailynews.com/2015/03/11/why-derivatives-will-spark-the-next-great-global-financial-crisis/http://theeconomiccollapseblog.com/archives/16-facts-about-the-tremendous-financial-devastation-that-we-are-seeing-all-over-the-world |
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How come the Grexit effect on BTC is not also happening to DASH any ideas  Of the top 7 coins on coinmarketcap ( http://coinmarketcap.com/#BTC) only LTC is profitting from BTC's rise right now, maybe because it is available on chinese exchanges ? Or has a larger name-regnonition ? Or both ? Meanwhile some people dumped Dash for some other altcoin's (crave i think) and we are still recovering from that, i think we will only rise in price further with certain results achieved (like bringing v0.12 onto mainnet or getting some positive publicity or something) |
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