dbt1033
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 Offline
Activity: 1274
Merit: 1000
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September 20, 2016, 12:19:04 AM |
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I am very curious what the impact of having a popular dual miner like Claymore has on the otherwise very small DCR market. Seems like it would just be an opportunity for people to mine and dump, further driving prices down. I still believe in the project, and will hold some for the long run. I made enough staking it early to cover my investment, the rest is a hail mary.
That has been on my mind lately as well. ETH miners can dump at a few satoshis and still profit from DCR as it is basically free for them. nothing is free, i dont know how claymore works but i'm sure it isnt creating hashpower, therefore if you mine only ETH you will mine more ETH and if use claymore is because you want them both(not "free" like you said). It is free DCR according to: https://bitcointalk.org/index.php?topic=1433925.0- Supports new "dual mining" mode: mining both Ethereum and Decred/Siacoin/Lbry at the same time, with no impact on Ethereum mining speed. Ethereum-only mining mode is supported as well. I wouldn't mind some sort of fork to prevent this.... That would be illogical... it's free exposure for the DCR project and aids in distribution. You're assuming that everyone using the miner is dumping every DCR they mine. I'm sure the miner has brought new faces to the project. |
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proletariat
Legendary
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Activity: 1246
Merit: 1005
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September 20, 2016, 01:41:46 AM |
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I am very curious what the impact of having a popular dual miner like Claymore has on the otherwise very small DCR market. Seems like it would just be an opportunity for people to mine and dump, further driving prices down. I still believe in the project, and will hold some for the long run. I made enough staking it early to cover my investment, the rest is a hail mary.
That has been on my mind lately as well. ETH miners can dump at a few satoshis and still profit from DCR as it is basically free for them. nothing is free, i dont know how claymore works but i'm sure it isnt creating hashpower, therefore if you mine only ETH you will mine more ETH and if use claymore is because you want them both(not "free" like you said). It is free DCR according to: https://bitcointalk.org/index.php?topic=1433925.0- Supports new "dual mining" mode: mining both Ethereum and Decred/Siacoin/Lbry at the same time, with no impact on Ethereum mining speed. Ethereum-only mining mode is supported as well. I wouldn't mind some sort of fork to prevent this.... That would be illogical... it's free exposure for the DCR project and aids in distribution. You're assuming that everyone using the miner is dumping every DCR they mine. I'm sure the miner has brought new faces to the project. good point about new faces but still a double edge sword IMO. |
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IncludeBeer
Legendary
Offline
Activity: 1164
Merit: 1010
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September 20, 2016, 01:54:24 AM |
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I am very curious what the impact of having a popular dual miner like Claymore has on the otherwise very small DCR market. Seems like it would just be an opportunity for people to mine and dump, further driving prices down. I still believe in the project, and will hold some for the long run. I made enough staking it early to cover my investment, the rest is a hail mary.
That has been on my mind lately as well. ETH miners can dump at a few satoshis and still profit from DCR as it is basically free for them. nothing is free, i dont know how claymore works but i'm sure it isnt creating hashpower, therefore if you mine only ETH you will mine more ETH and if use claymore is because you want them both(not "free" like you said). It is free DCR according to: https://bitcointalk.org/index.php?topic=1433925.0- Supports new "dual mining" mode: mining both Ethereum and Decred/Siacoin/Lbry at the same time, with no impact on Ethereum mining speed. Ethereum-only mining mode is supported as well. I wouldn't mind some sort of fork to prevent this.... It's not free at all. Using Claymore to dual mine decred comes at a substantial power use increase. While it's true: you get the extra dcr hash rate with little/no expense to your eth hash rate, dual mining costs extra power. For a long time now, dual mining dcr hasn't really added any profit to my rig (6x 390x). Just thought I'd point this out and set people straight  Edit: I also mine dcr with my nvidia rig, and I'm staking every dcr i have and managed to buy a few during the dip. So no, not everyone dual mining is just dumping dcr for "profit". |
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Penttikuisma
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September 20, 2016, 08:26:55 AM |
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Ok, guys, I know this answer is buried somewhere, but I can't seem to find it:
When I buy a ticket, what is the reward? Do I get my ticket money back plus X amount or do I have to hope that when I "win", it is more than what I paid for?
At dcrstats.com for example, what is the the PoS reward at the moment?
I feel kinda stupid for not figuring it out myself, but well…
Right now, the reward is 1.6944/ticket vote, in a nutshell: When ticket votes you get the price you paid it+reward. If ticket expires or missed you get the price you payed but not reward. But in any case, your funds are always in your hands. When you buy ticket the amount you pay is locked until ticket vote or expire, but funds are all time in your hands. |
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Epsylon3
Legendary
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Activity: 1484
Merit: 1082
ccminer/cpuminer developer
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September 20, 2016, 09:13:28 AM |
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Actually, only Pascal cards are positive (maybe the RX 4xx as well, but not so sure, they suck power too, a RX 470 is like a 970) 200W per day has a price, which is more than DCR incomes... http://yiimp.ccminer.org/bench/algo?algo=decredIf you think its Claymore (or any cuda/opencl miner), its wrong... FPGAs in an industrial quantity maybe.. (These chips cost each the price of a GPU so i dont think so) Actually, only Stake "miners" have no costs, i suggest to look in this direction  |
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jamie526
Newbie
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Activity: 4
Merit: 0
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September 20, 2016, 03:18:16 PM
Last edit: October 11, 2016, 09:21:53 PM by jamie526 |
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I have created an app for Android - Decred Widgets. Simply install the app and the widgets will become available for you to place on your homescreen. The widgets update every 30 minutes, or you can press on them to update them on demand. Battery and storage consumption are both kept to an absolute minimum. Download it from Google Play: https://play.google.com/store/apps/details?id=com.jamieholdstock.dcrwidgets |
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ttookk
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September 20, 2016, 11:37:57 PM |
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Ok, guys, I know this answer is buried somewhere, but I can't seem to find it:
When I buy a ticket, what is the reward? Do I get my ticket money back plus X amount or do I have to hope that when I "win", it is more than what I paid for?
At dcrstats.com for example, what is the the PoS reward at the moment?
I feel kinda stupid for not figuring it out myself, but well…
Right now, the reward is 1.6944/ticket vote, in a nutshell: When ticket votes you get the price you paid it+reward. If ticket expires or missed you get the price you payed but not reward. But in any case, your funds are always in your hands. When you buy ticket the amount you pay is locked until ticket vote or expire, but funds are all time in your hands. Alright, gotcha  Thanks! Maybe I should try it. I don't see myself selling my stash anytime soon… |
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yns1971
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September 21, 2016, 01:38:05 AM |
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I have created an app for Android - Decred Widgets. It would be great to be included in the first post under "User Projects"! Simply install the app and the widgets will become available for you to place on your homescreen. The widgets update every 30 minutes, or you can press on them to update them on demand. Battery and storage consumption are both kept to an absolute minimum. Download it from Google Play: https://play.google.com/store/apps/details?id=com.jamieholdstock.dcrwidgetsI like it ! |
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clovis A.
Legendary
Offline
Activity: 1206
Merit: 1000
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September 21, 2016, 11:15:41 AM |
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How l o w will we go, fellas? Accumulation mode has been activated. Hoping I didn't activate too early......  |
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Cloud storage is about to change
Are you ready?
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alexrey
Member
Offline
Activity: 70
Merit: 10
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September 21, 2016, 11:31:19 AM |
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How l o w will we go, fellas? Accumulation mode has been activated. Hoping I didn't activate too early...... From the looks of it DCR will go down further, my target price is 50 cents. |
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jovan85
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September 21, 2016, 01:23:22 PM |
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Why Price so low and still go down?
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Norfolk
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September 21, 2016, 01:34:59 PM |
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the is no reason for price go for 50cents, soon price will go up for 2.5/3$
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raphma
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September 21, 2016, 02:56:25 PM |
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the is no reason for price go for 50cents, soon price will go up for 2.5/3$
yeah, no reason for 50cents but no reason to go up too... the charts doesnt look good right now. i'm still a believer, buying and holding for the long term. |
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xdrzrex
Newbie
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Activity: 42
Merit: 0
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September 21, 2016, 02:58:11 PM |
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I have created an app for Android - Decred Widgets. It would be great to be included in the first post under "User Projects"! Simply install the app and the widgets will become available for you to place on your homescreen. The widgets update every 30 minutes, or you can press on them to update them on demand. Battery and storage consumption are both kept to an absolute minimum. Download it from Google Play: https://play.google.com/store/apps/details?id=com.jamieholdstock.dcrwidgetsGreat widget, thanks ! |
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Dcrstats
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September 21, 2016, 09:04:04 PM |
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427,631 DCR (51%) of Airdrop coins were never spent. 1513 address from Airdrop have 0 transactions.
Only 1458 airdrop participants moved / spent their coins.
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Maicol792
Legendary
Offline
Activity: 1260
Merit: 1010
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September 21, 2016, 09:22:02 PM |
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427,631 DCR (51%) of Airdrop coins were never spent. 1513 address from Airdrop have 0 transactions.
Only 1458 airdrop participants moved / spent their coins.
Tnx for this info ... I think decred have more and more power for long term success .. |
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AltcoinScamfinder
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September 22, 2016, 12:39:36 AM |
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I am very curious what the impact of having a popular dual miner like Claymore has on the otherwise very small DCR market. Seems like it would just be an opportunity for people to mine and dump, further driving prices down. I still believe in the project, and will hold some for the long run. I made enough staking it early to cover my investment, the rest is a hail mary.
That has been on my mind lately as well. ETH miners can dump at a few satoshis and still profit from DCR as it is basically free for them. nothing is free, i dont know how claymore works but i'm sure it isnt creating hashpower, therefore if you mine only ETH you will mine more ETH and if use claymore is because you want them both(not "free" like you said). It is free DCR according to: https://bitcointalk.org/index.php?topic=1433925.0- Supports new "dual mining" mode: mining both Ethereum and Decred/Siacoin/Lbry at the same time, with no impact on Ethereum mining speed. Ethereum-only mining mode is supported as well. I wouldn't mind some sort of fork to prevent this.... That would be illogical... it's free exposure for the DCR project and aids in distribution. You're assuming that everyone using the miner is dumping every DCR they mine. I'm sure the miner has brought new faces to the project. Impossible to overlook the fact that majority of ETH dual miners just dump decred as they mine though. |
FOR RENT.
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Judge-Dredd
Sr. Member
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Activity: 517
Merit: 257
CryptoTalk.Org - Get Paid for every Post!
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September 22, 2016, 12:54:07 AM |
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I am very curious what the impact of having a popular dual miner like Claymore has on the otherwise very small DCR market. Seems like it would just be an opportunity for people to mine and dump, further driving prices down. I still believe in the project, and will hold some for the long run. I made enough staking it early to cover my investment, the rest is a hail mary.
That has been on my mind lately as well. ETH miners can dump at a few satoshis and still profit from DCR as it is basically free for them. nothing is free, i dont know how claymore works but i'm sure it isnt creating hashpower, therefore if you mine only ETH you will mine more ETH and if use claymore is because you want them both(not "free" like you said). It is free DCR according to: https://bitcointalk.org/index.php?topic=1433925.0- Supports new "dual mining" mode: mining both Ethereum and Decred/Siacoin/Lbry at the same time, with no impact on Ethereum mining speed. Ethereum-only mining mode is supported as well. I wouldn't mind some sort of fork to prevent this.... That would be illogical... it's free exposure for the DCR project and aids in distribution. You're assuming that everyone using the miner is dumping every DCR they mine. I'm sure the miner has brought new faces to the project. Impossible to overlook the fact that majority of ETH dual miners just dump decred as they mine though. It makes sense to me. If they don't really care about DCR then why not just dump it to help offset their daily ETH mining cost. I'll buy a few thousand if we see $0.50 per DCR |
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alexrey
Member
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Activity: 70
Merit: 10
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September 22, 2016, 12:55:42 AM |
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Panic started!
Nope, normal trading as usual it's just that the demand is too low while most miners are consistently dumping their own dcr. |
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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September 22, 2016, 01:24:27 AM |
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You guys are just making assumptions that miners are dumping the DCR they receive from the dual miner. As someone else stated, it increases the amount of electricity used by your gpus to mine both eth and dcr at the same time.
It's not like it's "free DCR". Most serious miners are very conscious about their power draw.
This is simply a bear trap. If you read the forums, the tentative deadline for the new database integration is Sept. 25 (I believe). This new database structure will bring several new capabilities to the DCR blockchain.
Not the best time to sell, unless you like selling bottom (for a loss). Happy trading
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