you my friend have head on your shoulders , you scan new coins and launch pool keeping fee reasonable, I congratulate you for business savvy, anyways be careful entering this coin as drop will continue, plus clones will emerge further depleting value, which happened multiple times before.. making my other round around this landscape... main thing continue

now that was funny , I see you run a nice thing for self which is pool, so you re-delegate costs to miners.. that is brilliant   you take small cut some % you sell (to pay for servers unless you own, which would be ultimate) rest you encrypt and store away in a deep vault for the future

correct ? 

absolutely.. + no fud/negativity etc it is just I have been observing markets for over 1 year now.. turn around will happen if someone(s) takes over and adds features/improves security builds multipool exchange etc etc,you know all this

seeing people having fun with squeezing their GPU's to the max.. having fun for it is fun no doubt 

let the blood bath begin, by the time dumping stops on bittrex it will be down to 0.00001 sat,

however I see minimal premine, although dev disclosed "he has not much time" at least he was honest, otherwise yet another excellent development in crypto and progress

small coin max cap supply , half a mil here aint a guarantee for value  , contineous development is

@hansa, hi, just send you private message. if you don't mind to agree (if you agree) and I am ready to sent instructions for Mac OSX wallet

proof of job

 

closer and closer to 100M as predicted in my last post u are almost there network hash 600< was 900 two days ago.. closer and closer

400,000 out of 5,000,000 premine, I mined (but also gave instructions on Mac Wallet)  just in case.. but then again I could also launch a coin with some fancy name or anyone could

I think you might have collectors of coins out there, just to claim I have let say million coins number one on rich list  

hey maybe. dude with 200 M which is 1/3 overall net hash power, scoops 4,600,000 so it will be "dev" group and that one person 1 and 2 on the rich list, so then you can sell him 400K so he can complete bingo in full

then he is number one truly number one , no one has more coins.. and never will lol

hash power is 480M I say before week is over should be 200 if not 100M as predicted.. ridiculous

funny

as soon as you list on bittrex about 80% to 90% of people here that vested GPU cards and rented GPU farms will attempt to sell to maybe make 50$ on the deal   truly your only salvation is to develop unique technology

it will be likes this spend 200$ on GPU farms recover 50$ which I find it funny

now... there is no way you could take 400,000 coins and unload it as no one is really buying.. bittrex maybe.. things like arbitrage robots etc, but something is telling me it will be a very hard sell, it is not just darkcredit.. everyone is facing this predicament, and this ain't changing for any foreseeable future

let me check your net hash rate as I predicted it will zoom to 100 megs as so called "investors" see no way to recover costs and make few dollars for the gigantic efforts even when setting up farm account (let alone own servers),.. find it funny (effort to proft ratio) if you ask me

and I am not picking on just you I have followed many similar situations like this in the last few months

no you still have circa 1G net hash.. folks are probably waiting for bigger exchange so they are still "collecting"

I say we have situation here 50/50 if you are lying majority will lose no one will purchase coins on dump.. so I say we should see proooobably 1/2 of 1G 500 down to 100 M by the weekend

a very sad sad situation exists in my mind for new releases as what I see GPU farms are idle and folks at home GPU's are idle, so they move on new coins (if they come but fewer and fewer are, as there are less and less qualified software engineers entering this space lately.. but not just Today)  and no one really knows how to make money on this.. volume real dollars aint entering market at the moment. unfortunately.. this is reality

these two operations can not wait enough for an exchange to be listed. but to sell (except no one will be buying)

1      John78   220,070   22,177.244
2      anonymous   121,213   12,215.092

seen this by now 10 times I think.. I wish I was kidding

1 cent Today could be million dollars tomorrow  look, very sophisticated primecoin is worth pennies.. dont despair. salvation is near 

perfect, I did not say what I said in any way bad at all I have been doing this for well over a year I have seen it all, reason why I got interested is like many people except speculators which do what I said above.. and that is technology innovation long term, so you have blockchain and you can experiment and maybe make a breakthrough, at 400,000 premine this is your only chance, rest is what I said and what people usually do

also, darkcredit as name is awesome, and preserve it, with darkcoin, why it is so strong is because people make money off nodes and I think don't remember now they have to purchase 1000 DRK maybe more to run it but there is a % , they also sport financing so they can pay developers, to sustain what they do.. it certainly is tough.. anyways..

1000 DRK thats like way over one thousand dollars.. so these guys are seriously vested in the process and so you see price of DRK is what it is.. these are these nodes.. and in their best interest is to sustain the network security etc

exchanges will ask for volume, especially Today, it is tough for everyone, what I have seen in the last week or so, is rush to  for hash power (so some collected 10tens of thousands in matter of days) to get coins quick in order to unload it on an exchange and disappear, exchanges know that, and they "lived off of it" for some time now, but this strategy no longer is viable is why you see drop in hash power all across different coins

what you should really do, for the time being while crypto is in limbo, is to have one or two nodes operational (if you can) so blockain stays alive while at the same time fortify white papers and technology behind and try to innovate (it is tough as you are competing with for example Supernet etc), you will probably see over net hash rate going to almost nill (probably way down in 2 digit M range if not less.) soon as miners who wanted to rack up coins fast and unload fast are unable to to do so they will save wallets but exit mining race


or in other words, certain era is coming to an end

Yes, it is not like whole crypto world is exactly dancing either   pretty funny exchange above

now 400,000 premine out of 5,000,000 is pretty darn big to be honest, I call it guts

right... maybe not a best avenue of approach thanks for this eloquent analysis we want to keep crypto extremely clean, i am serious

simplest would be to have BURST to be injected to global payment systems just like a crypto currency would be just because it uses storage does not mean companies selling storage would get preferential treatment, storage as an algorithm and low cost of mining in terms of energy expenditures ... let me think how I will support this coin really... but thanks again for the above...

https://twitter.com/q327K091 remains empty and silent

what is happening here... @darkcredit you need anything ?   weekend all great ? net hash rate is holding steady at 1 G.. cool

will be writing/selecting on my twitter account.. but it will be very rare, when I write is for example when white paper comes out on technology that have not been seen before and can have impact on the overall landscape, stuff like that

I am not here to make money short term I am looking for years in advance impact, have a great week, all

https://twitter.com/q327K091

will do makes perfect sense.. will retweet tomorrow, will start on my handle.. seems I am "trusted"  have a great night. tomorrow is President's Day  

reserved


https://twitter.com/q327K091

let's just say a mid range AMD with decent drive setup , another tip for community , setup nagios with email alarms monitoring health and performance of hard drives in use... such a plugin is.. for instance

this is very very good

http://exchange.nagios.org/directory/Plugins/System-Metrics/Storage-Subsystem/check_mio/details

if you all would do that, overall network capacity would stabilize better

example of plugin command line on "disk server" will detect disconnects and failure (hopefully not   but it will avoid a manual check of drives during mining operation

Nagios CPU impact is minimal

command[mio_sda]=/usr/lib64/nagios/plugins/check_mio -d sda -w 200,2000,52428800,52428800 -c 400,4000,104857600,104857600

mine it is,  CPU and system load barely get noticed.. using burstminer C++ on Unix , while at the same performing other unrelated mining operations, stager size is optimized as well

have multiple AMD cores.. when there is new block operation, one CPU core slightly goes up , it is as if no BURST ops is running on the machine.. of course this adds to value of BURST as said for global mining operations where electricity is expensive.. wish magnetic drive prices could drop so more people can mine this more aggressively .. but BURST block reduction will take care of some of the "problems" I think we seeing at the moment

actually seeing coin being very popular in Eastern Europe and they "suffer" from high electricity costs, so it all makes sense

as part of this post recommendation in general is use AMD processors they are not best for coins that are CPU at first (such as was primecoin and I paid a price by not being able to mine as many as I would with Intel.. but with BURST no such a fancy is needed)

true, hence possibility of "laying low" except of occasional network calls which could give someone up, plotted disk also does not trigger any virus software alarms, and as you said low power dos not raise alarm of power consumption software which many data centers have, this could be a corporate or University data center, forgot also that CPU usage is also minimal, so all of it can be "hidden" so to speak

yes, bad luck usually is 24 hr/s but 48 hr/s not sure what is gong on, BURST rate of production visibly dropped even at when cycle oscillates back down from peak to let say 7 or 8 Peta...

also "low cost or none" disk warehouse is driving price down.. big 200K lots two of them are waiting to be unloaded at 175 and 178, since BTC is up, someone calculates this well, if access to cheap drives (or no price at all, could be that someone chips away from a data center undetected till a system admin finds out and shuts it down... he drives conversion and makes steady cash every week

all rest of us, can wait for block reward reduction as well as keeping drives on to keep global network capacity high which is happening so that sustains this crypto nicely and I would not worry much about, I see work being done on crowdfunding and assets all great

when you see network capacity go down to between 6 and 8 P you know that someone had his plug pulled off at a data center

this is a very sophisticated post

checking exchanges situations believe we had drop below 190 sat where lots of at least 200K BURST were sold, amused by this.. to be completely honest, probably missed it.. checking what is the situations right now with the price , might absorb a lot again

100K for about 195 .... let see if I can be fast enough.. sold DRK for profit to put in BURST last time

network is holding around 10 Peta which is about average, but you got interest (attention rather) of one of the smartest people in this space (above tweet)

someone got hold of tera bytes of cheap storage and cashing out every now and so often.. it does not matter as peeps who otherwise would buy WD or Seagate 200$ drives can scoop BURST for 1/2