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lohveh
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May 15, 2014, 02:21:52 PM |
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A thought and honest question to all GPU miners supporting the DRK network:
Are you mining this coin in a profitable manner? If not, why are you continuiing to mine DRK, instead of simply buying?
Mining @5MH/s (=0.5 DRK/day actually) with my everyday PC (sli 660gtx + 660ti) 0 profit today, but imagine that I collect 150DRK which cost 0.1BTC in few months. Just the bills to pays, the hardware was bought for gaming times ago.  |
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illodin
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May 15, 2014, 02:22:04 PM |
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The miners should just continue to loose money while others are making huge gains simply buying?
I believe this is just a temporary problem until the price gets higher. On the other hand, if drk would be the most profitable coin to mine, we'd just get autopools mining drk and autodumping them. |
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coinotron
Legendary
 Offline
Activity: 1182
Merit: 1000
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May 15, 2014, 02:26:21 PM |
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www.coinotron.comDarkcoin pool is available for mining! Workers: 2.5% RBPPS or 1.5% PPLNS
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Standhaft
Member
Offline
Activity: 84
Merit: 10
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May 15, 2014, 02:27:50 PM |
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dat 200 btc wall on mintpal suddently went away, haha
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DRK - Xi9PB8XXN9Gn4HFG7NtzsXNiBQC4jdFvnH
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FryguyUK
Legendary
Offline
Activity: 801
Merit: 1000
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May 15, 2014, 02:29:27 PM |
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OH MAN I MISSED DARK COIN TRAIN!!!
Who's going to be left on the moon with no air today? UH OH!
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superplus
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May 15, 2014, 02:30:00 PM |
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dat 200 btc wall on mintpal suddently went away, haha
dont think it will get filled |
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superplus
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May 15, 2014, 02:30:57 PM |
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OH MAN I MISSED DARK COIN TRAIN!!!
Who's going to be left on the moon with no air today? UH OH!
just departing |
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thelonecrouton
Legendary
Offline
Activity: 966
Merit: 1000
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May 15, 2014, 02:31:35 PM |
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A thought and honest question to all GPU miners supporting the DRK network:
Are you mining this coin in a profitable manner? If not, why are you continuiing to mine DRK, instead of simply buying?
Good to see so many traders are profiteering on the wild ride, but as a miner I have only lost money mining DRK.
No matter how valuable I think DRK is, I can/should no longer support it through mining.
As a miner I'm an essential element of the DRK eco-system, without us there is no DRK.
No network, no security, no transactions, no minting.
Unfortunately, we loose money all the way through.
Two months ago, last month, today, next month.
And the traders are hyping and cashing in hard on this coin, providing no intrinsic value to the DRK eco-system (?)
Considering hedge mining profitable, implies one does not understand that it's still (much) better to buy DRK now with the same capital than to invest in mining.
My personal situation is that I cannot even break-even on a daily basis (power cost), let alone have my investment back.
Just stating a fact. I'm still supporting the network currently.
How many miners have been supporting DRK in the past months running an unprofitable setup like I have?
Most people can't or don't bother to calculate if they're profitable or not, they usually find out the hard way after they already made the investment and for unclear reasons somehow continue after all. How do you see this network growing with many? GPU miners wondering if they should continue mining?
The miners should just continue to loose money while others are making huge gains simply buying?
So (most) miners loose money, yet we are a fundamental layer in the DRK eco-system..
So (most) buyers/traders gain money, but what's the value to DRK..
Miners = sheeple ? :|
My DRK 0.02.
Mining anything isn't very profitable right now. For many, DRK is the least unprofitable. I've been mining at low to reasonable profit (I have solar), and certainly making far more than I would have by leaving my money in any kind of traditional bank/ISA/whatever, but I would have continued at a net loss because once block reward gets as low as it can (we are very nearly there now) I believe the price will continue to rise and tip the scales back to more profitability. Those DRK we're grinding out each day are very likely to be worth much more pretty soon. Of course when/if the price stabilises, about $100-$200/DRK within 6 months is my wild guess, maybe as a miner I'll have to reassess the situation then. I'm lucky though, a few quid today doesn't currently mean much to me, but I've spent years when a few quid meant a great deal... everyone's circumstances, goals, and outlook are different. edit: I am also, by supporting DRK, not only personally profiting (hopefully!) but doing good. We all need DRK, or something very like it, whether the masses realise that or not. |
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dotnetmin
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May 15, 2014, 02:33:20 PM |
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A thought and honest question to all GPU miners supporting the DRK network:
Are you mining this coin in a profitable manner? If not, why are you continuiing to mine DRK, instead of simply buying?
Good to see so many traders are profiteering on the wild ride, but as a miner I have only lost money mining DRK.
No matter how valuable I think DRK is, I can/should no longer support it through mining.
As a miner I'm an essential element of the DRK eco-system, without us there is no DRK.
No network, no security, no transactions, no minting.
Unfortunately, we loose money all the way through.
Two months ago, last month, today, next month.
And the traders are hyping and cashing in hard on this coin, providing no intrinsic value to the DRK eco-system (?)
Considering hedge mining profitable, implies one does not understand that it's still (much) better to buy DRK now with the same capital than to invest in mining.
My personal situation is that I cannot even break-even on a daily basis (power cost), let alone have my investment back.
Just stating a fact. I'm still supporting the network currently.
How many miners have been supporting DRK in the past months running an unprofitable setup like I have?
Most people can't or don't bother to calculate if they're profitable or not, they usually find out the hard way after they already made the investment and for unclear reasons somehow continue after all. How do you see this network growing with many? GPU miners wondering if they should continue mining?
The miners should just continue to loose money while others are making huge gains simply buying?
So (most) miners loose money, yet we are a fundamental layer in the DRK eco-system..
So (most) buyers/traders gain money, but what's the value to DRK..
Miners = sheeple ? :|
My DRK 0.02.
I was also mining in unprofitable area (EU) but now buying instead. I am getting min. 50% more than by mining. It could only be that there are a lot of areas around the globe which have very cheap energy prices. In germany we have prices around 0.36US$ + In US 50% of that and maybe in china much lower Each miner is also a trader and investor and be sure they all can use a calculator. Also some big farms maybe have very good contracts or can buy cheap energy which is supported by industrial subsidies like it is in germany. All private consumers have to pay for the big companies to have cheap power for them. |
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superplus
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May 15, 2014, 02:34:58 PM |
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A thought and honest question to all GPU miners supporting the DRK network:
Are you mining this coin in a profitable manner? If not, why are you continuiing to mine DRK, instead of simply buying?
Good to see so many traders are profiteering on the wild ride, but as a miner I have only lost money mining DRK.
No matter how valuable I think DRK is, I can/should no longer support it through mining.
As a miner I'm an essential element of the DRK eco-system, without us there is no DRK.
No network, no security, no transactions, no minting.
Unfortunately, we loose money all the way through.
Two months ago, last month, today, next month.
And the traders are hyping and cashing in hard on this coin, providing no intrinsic value to the DRK eco-system (?)
Considering hedge mining profitable, implies one does not understand that it's still (much) better to buy DRK now with the same capital than to invest in mining.
My personal situation is that I cannot even break-even on a daily basis (power cost), let alone have my investment back.
Just stating a fact. I'm still supporting the network currently.
How many miners have been supporting DRK in the past months running an unprofitable setup like I have?
Most people can't or don't bother to calculate if they're profitable or not, they usually find out the hard way after they already made the investment and for unclear reasons somehow continue after all. How do you see this network growing with many? GPU miners wondering if they should continue mining?
The miners should just continue to loose money while others are making huge gains simply buying?
So (most) miners loose money, yet we are a fundamental layer in the DRK eco-system..
So (most) buyers/traders gain money, but what's the value to DRK..
Miners = sheeple ? :|
My DRK 0.02.
I was also mining in unprofitable area (EU) but now buying instead. I am getting min. 50% more than by mining. It could only be that there are a lot of areas around the globe which have very cheap energy prices. In germany we have prices around 0.36US$ + In US 50% of that and maybe in china much lower Each miner is also a trader and investor and be sure they all can use a calculator. Also some big farms maybe have very good contracts or can buy cheap energy which is supported by industrial subsidies like it is in germany. All private consumers have to pay for the big companies to have cheap power for them. go to austria, cheapest kwh 0.07 eur |
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godwits
Newbie
Offline
Activity: 11
Merit: 250
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May 15, 2014, 02:35:14 PM |
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This coin rocks. One of my favorite long term coins.
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FryguyUK
Legendary
Offline
Activity: 801
Merit: 1000
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May 15, 2014, 02:35:50 PM |
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OH MAN I MISSED DARK COIN TRAIN!!!
Who's going to be left on the moon with no air today? UH OH!
just departing oh man i hope you're just manipulating fella for your own sake |
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rickraw
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May 15, 2014, 02:36:49 PM |
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Phew, got my deposit in today and bought at 0.01. A month ago I would have been glad to get in at 0.001 haha.
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superplus
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May 15, 2014, 02:38:56 PM |
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OH MAN I MISSED DARK COIN TRAIN!!!
Who's going to be left on the moon with no air today? UH OH!
just departing oh man i hope you're just manipulating fella for your own sake well we will see.. usually im bad at short time predictions and i would suggest shorting now so it must be wrong  |
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blacklig
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May 15, 2014, 02:39:34 PM |
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Europe getting back home from work.. rally starts in 3...2...1...  |
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BelStar
Newbie
Offline
Activity: 13
Merit: 0
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May 15, 2014, 02:39:51 PM |
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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May 15, 2014, 02:40:08 PM |
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OH MAN I MISSED DARK COIN TRAIN!!!
Who's going to be left on the moon with no air today? UH OH!
just departing oh man i hope you're just manipulating fella for your own sake well we will see.. usually im bad at short time predictions and i would suggest shorting now so it must be wrong Still buying them while they're cheap   |
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Honest Tim
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May 15, 2014, 02:41:16 PM |
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Hey look, the price is "correcting" again.
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Honest Tim
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May 15, 2014, 02:43:32 PM |
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OH MAN I MISSED DARK COIN TRAIN!!!
Who's going to be left on the moon with no air today? UH OH!
just departing oh man i hope you're just manipulating fella for your own sake well we will see.. usually im bad at short time predictions and i would suggest shorting now so it must be wrong Still buying them while they're cheap damn it coins, you must have caught the original train. I maxxed out on my last DRK purchase a month ago. |
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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May 15, 2014, 02:45:48 PM |
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OH MAN I MISSED DARK COIN TRAIN!!!
Who's going to be left on the moon with no air today? UH OH!
just departing oh man i hope you're just manipulating fella for your own sake well we will see.. usually im bad at short time predictions and i would suggest shorting now so it must be wrong Still buying them while they're cheap damn it coins, you must have caught the original train. I maxxed out on my last DRK purchase a month ago. Decided to stick with the DIY multipool and buy DRK for a bit longer.... |
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