"Patience" matters the most in here. What you are telling is absolutely right . . . But , do you think every small miners would wait patiently for days for a single block to be achieved?
We need to have a consistent hashrate increase to keep the price growing in a stable way.
If the present situation persists, we could see huge fluctuations in both the price and the hashrates.
Patient miners who value their infrequently mined blocks are far more valuable to the currency than the instadumpers that plague every other PoW currency. The hashrate will grow with time, right now it's a saturated marked, awash with garbage, it takes time for people to find the rare gems amid the trash. I only hit upon SPR because I was researching ways of ensuring that mining remained decentralised, having recognised that pooled mining is a horrible handicap security wise and a huge deterrent to serious investment in and adoption of a currency. Bitcoin has been around for 5 years and it's still volatile, the only thing that's going to bring the relative stability that we are used to with fiat currency is a marketcap and userbase of similar proportions to the $/£/etc - that's not going to happen overnight, it's likely to be a long struggle. (Depending on how big a crater the fantasy guvpaper timebomb leaves when it implodes, and where the wreckage falls...  ) |
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Since its purely solomining, the net hashrate has got concentrated among the large GPU mining farms.
Small and micro miners like me don't get much chance for the blocks to be found.
You have exactly as much chance of finding a block based on your hashrate as a fraction of the total whether there are ten thousand smaller miners on the network or ten large ones. Makes no difference. When Spreadcoin's price tends to grow, the chances for the micro solo miners get very meagre and would naturally lose the patience for waiting to get a block.
Personally I would have the wallet with mining on by default, maybe at a low setting. Every little helps. PoW exists to secure the blockchain, with some reward to make it worthwhile consuming a bit of electricity to do so, not to act as a guaranteed money hose. I'm pretty sure Satoshi never meant mining to be a full time occupation/industry. |
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Limx Dev you need to give us more info.
have you two server? both on windows? did you try to install remote/local or hot (highly highly not recommended) MN conf ?
I have a Vmware Cluster with VM Windows Server 2008, the installation is HOT. Did you know that you have to leave your deamon runing 24/24 and 365/years and you are exposing to the net you wallet with 1000drk in this configuration? ? ? ? It is not recomended only if you really know what you are doing the risk etc... This is a test  We have a testnet. For testing stuff. |
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XhqPktQB371k6Qj2ECDXk15BHq5c9Y4X3g Its my mn ant it's the only one that's unknown in the mn list sorry if I dident reply before Ian at work  You said you started it yesterday, yet the 1000 drk vin was 2014-11-29 22:53:11... I think the question is why he/she didn't have to wait a few days, but got paid almost straight away after starting the MN. Maybe the reference nodes have a loophole somewhere, or weren't running, who knows? Version: 'unknown' according to drk.mn - Piggo did you compile this yourself, download from darkcoin.io...? Did you noodle with the source? |
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Is it posible to make darkcoin wallet available on raspberry pi? Then we would not need VPS and would be able to run masternodes from home. Or there is a fear for showing an IP?
Someone commented on the processor not really being good enough to deal with blockchain as a regular wallet, haven't tried yet. There are guides for getting bitcoind running on a pi (forget about the qt client unless you really enjoy lag) that should work for darkcoind, but bear in mind that darkcoind with Darksend etc. is probably going to be working the hardware a bit harder. Instead of a pi you might be better off with something a bit (lot) beefier, eg: http://hardkernel.com/main/products/prdt_info.php?g_code=G138745696275You'll also need a static IP to run a Masternode. Reminds me, I was meaning to compile darkcoind on my old Galaxy2 phone for a laugh... |
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there just seem to be so many different ways of doing stuff in Linux
Freedom is beautiful, eh?  |
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As a general rule, never install software as root. As such, your user account would be the one with the darkcoin daemon running on it.
Thanks ! Am I right in thinking that to comply with this advice, Tao's guide would have to give 'sudo' privilages to the login user ? (Otherwise they can't do all the admin associated with installing the daemon). You don't need root to install/run/administer the daemon (unless you want to stick it in /usr/bin which is a waste of time IMO), just to set up the firewall and install any dependencies you need if you want to compile it yourself instead of downloading the binary. |
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The darkcoin masternodes are, of course, more centralized than XMR's passive mixing system. Darkcoin advocates will be quick to talk about how expensive it would be to buy any significant number of nodes, yet I have not heard a sufficient response to the possibility that the NSA can infiltrate masternodes by secretly forcing Amazon or other cloud computing service providers to grant them access.
This is a concern. A question though: For a trivial cost I could be running 10000 instances of bitmonerod. Or 100000. What mischief (if any) might someone perpetrate upon XMR by running the majority of wallets connected at any given time? |
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I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.
Early adopters often benefit. You should have been paying more attention when SPR was launched.* Disgrace! *I wish I had too.  Early adopters always benefit or risk. I've lost 50 BTC+ investing in talkcoin,frsh,MLS,Ucoin.....,sign  Oh I agree, I said often, not always... people moaning about distribution are free to improve the distribution by ponying up an buying at the price dictated by the market. |
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I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.
Early adopters often benefit. You should have been paying more attention when SPR was launched.* Disgrace! *I wish I had been paying attention/heard about it too. edit: We are still at a very early stage. Hardly anyone knows about SPR yet... |
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Dev,we need to strengten marketing and promotion.
The average mining cost in the past week is about 20K sato,if the net hashrate is not growing,the price will get stuck below 50K sato.
I suspect that once masternodes go live, all those issues will resolve themselves. without sufficient net hashrate ,miners will keep dumping to earn the extra profit. I hope that starts soon. I'd love to pick up a load more SPR at these prices. I want to buy 25BTC worth of SPR and it doesn't seem possible on the exchanges. They don't appear to be dumping there according to the volumes. Maybe one of those miners who is dumping would like to send me a message! Welcome to the free market, where buying 5% of an entire currency isn't going to be cheap... The fact that you and MyFarm are having problems acquiring as much as you'd each like is a pretty good indicator of where SPR is going, and the side benefits WRT sustainable market price of solo mining. What happens when someone decides to hack the handful of people/servers needed to wreak utter havoc on Bitcoin? Heh, then we'll see what value a truly decentralised currency has. How much is BTC going to be worth if the wrong loony on 4chan raises a rabble and points it at the weak links? You should perhaps be thinking of chucking some long term hashpower at SPR, not just about immediate trading opportunities. |
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If you create a new wallet.dat, encrypt it, back it up, getnewaddress and send funds to it, does the back up of the wallet.dat also have the new address? Does getnewaddress actually create a new address or just assign one? Is that what the keypool size is?
If you generated new address in a wallet, the backup of the wallet will not contain the new address unless it was backed up after the new address was generated. There should probably be a warning after you generate a new addy that you should also save a new backup. And after you import a privkey. |
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<snip> Might be gmaxwell. There are likely a number of BTC zealots to whom it is slowly becoming apparent that a heavily regulated, centralised, transactional slug is not what they originally signed up for. Thanks. Might as well rename it Guvcoin at this point and be done with it. |
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I'm pretty new to DRK. Do you guys think the big dumper is the old developer? InternetApe? Has this been confirmed at all?
Ape dumped 160k at $0.2 If you don't mind me asking, why do you need a new account to post here? Is the previous one connected to your real identity? Might be gmaxwell. There are likely a number of BTC zealots to whom it is slowly becoming apparent that a heavily regulated, centralised, transactional slug is not what they originally signed up for. |
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Weird issue for me.
I have a rig with one 970GTX and three 750ti's. I have 10/14 blocks accepted. All the accepted blocks are from the 750ti's and all the unaccepted are from the 970.
I had this issue before and just took the 970 out of mining Spread and went with something else too mine on that card. I just don't know now if I do that if it will affect the 750ti's mining. Rihjgt now when the 750ti's find a block my total speed is 8,600 kh/s and that includes the speed with the 970.
I have no idea why all the blocks from the 970 are unaccepted.
Can you disconnect all of the 750ti's and mine with just the 970 to test if it is working at all? Personally I would run the 970 as a different user with a separate wallet. It's not like it 'adds' to the Ti cards hashrate. |
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Someone has set up a pool and mining with the hashrate of 400MH/S+ for hours,but failed (no block was found). How do you know this? |
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i was thinking about the Darksend mixing which is under review to make it more fluid, faster
and with better feedback towards users .. what if the wallet could give its users a visual signal when
it detects a lot of mixing going on? That way people who need to do some Darksend mixing for themself
will know it will be a good time to join the mixing right then and there.
Think of it like a traffic light, if its on green it means a lot of mixing going on while if its on red there is little
to no mixing going on.
I like this idea - the client can pull the hashespersec from the network, it could pull some kind of mixing stat too and present it on the overview page in realtime, people are suckers for shiny flashing lights. Such data might even be useful to the devs? |
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Alas, only 2.5% increments from now on.
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What I didn't mention is that the person who knows this key can just ruin the coin by sending conflicting masternode payments to the network, e.g. by sending different payments each second. Each node will make a decision whether to accept certain block depending on whether it first received this block or a message which says that this block should have different payment, of course this order can be different for different nodes and this will lead to forks.
These 'reference nodes' are a temporary solution just to ensure even payment distribution for Masternodes. |
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