defunctec
Legendary
 Offline
Activity: 1092
Merit: 1000
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November 25, 2014, 11:17:03 AM |
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Spot on, it's about 2 rigs. Masternodes are cheaper to buy and run, it's a bit of a no-brainer. This would explain the strong MN network, currently at 1213. When are you selling all that mining equipment, ignition? :p |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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eahmadov
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November 25, 2014, 11:18:29 AM |
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I was hoping to snatch some cheap masternodes because Darkcoin price almost always drops when Bitcoin goes up. But still no sign of cheap coins yet :-/
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thelonecrouton
Legendary
Offline
Activity: 966
Merit: 1000
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November 25, 2014, 11:24:03 AM |
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Some nice masternode purchases appearing in the order book on Cryptsy.
Just had my first 30% payment last night... Nice fat 2.1DRK! Woohoo!  What sort of mining rig one masternode equates to in terms of rewards per day? Last time i looked it was around 30mh/day to earn 0.62 darkcoin(around the amount a masternode earns per day). Spot on, it's about 2 rigs. Masternodes are cheaper to buy and run, it's a bit of a no-brainer. It's not quite that black and white - if the price tanks, your MN is suddenly worth nothing, but your general purpose hardware will always have some resale value. MN's are higher risk in that regard. Do both, if you can.  |
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defunctec
Legendary
Offline
Activity: 1092
Merit: 1000
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November 25, 2014, 11:27:29 AM |
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Some nice masternode purchases appearing in the order book on Cryptsy.
Just had my first 30% payment last night... Nice fat 2.1DRK! Woohoo! What sort of mining rig one masternode equates to in terms of rewards per day? Last time i looked it was around 30mh/day to earn 0.62 darkcoin(around the amount a masternode earns per day). Spot on, it's about 2 rigs. Masternodes are cheaper to buy and run, it's a bit of a no-brainer. It's not quite that black and white - if the price tanks, your MN is suddenly worth nothing, but your general purpose hardware will always have some resale value. MN's are higher risk in that regard. Do both, if you can. Yes, that is very true. Just as it stands, its around 40mh according to coinwarz. EDIT: Thats about 9 R9 280x |
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stonehedge
Legendary
Offline
Activity: 1652
Merit: 1002
Decentralize Everything
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November 25, 2014, 11:31:14 AM |
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Some nice masternode purchases appearing in the order book on Cryptsy.
Just had my first 30% payment last night... Nice fat 2.1DRK! Woohoo! What sort of mining rig one masternode equates to in terms of rewards per day? Last time i looked it was around 30mh/day to earn 0.62 darkcoin(around the amount a masternode earns per day). Spot on, it's about 2 rigs. Masternodes are cheaper to buy and run, it's a bit of a no-brainer. It's not quite that black and white - if the price tanks, your MN is suddenly worth nothing, but your general purpose hardware will always have some resale value. MN's are higher risk in that regard. Do both, if you can. Yes, that is very true. Just as it stands, its around 40mh according to coinwarz. EDIT: Thats about 9 R9 280x You have to pay about $0.24 per KWh if you live in London. You can get good industrial deals for power if you use a lot (using a power broker) but I think you'd need quite a farm to reach that level of negotiation!  |
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Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
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November 25, 2014, 11:34:01 AM |
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Spot on, it's about 2 rigs. Masternodes are cheaper to buy and run, it's a bit of a no-brainer. This would explain the strong MN network, currently at 1213. When are you selling all that mining equipment, ignition? :p I finished selling it all about a month ago  Purchased masternodes and LTC Cloud mining shares, selling LTC for DRK. |
The new generation have arrived and they brought their own currency...
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defunctec
Legendary
Offline
Activity: 1092
Merit: 1000
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November 25, 2014, 11:41:18 AM |
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I finished selling it all about a month ago Purchased masternodes and LTC Cloud mining shares, selling LTC for DRK. [/quote] Wow, bold move! Is it working out ok? Did you take a hit on profit, but the power savings made up for it? |
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Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
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November 25, 2014, 11:43:07 AM |
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Some nice masternode purchases appearing in the order book on Cryptsy.
Just had my first 30% payment last night... Nice fat 2.1DRK! Woohoo! What sort of mining rig one masternode equates to in terms of rewards per day? Last time i looked it was around 30mh/day to earn 0.62 darkcoin(around the amount a masternode earns per day). Spot on, it's about 2 rigs. Masternodes are cheaper to buy and run, it's a bit of a no-brainer. It's not quite that black and white - if the price tanks, your MN is suddenly worth nothing, but your general purpose hardware will always have some resale value. MN's are higher risk in that regard. Do both, if you can. That's exactly the reason why I sold the farm The DRK price tanked and suddenly it became very attractive to sell the hardware and purchase more DRK then I could have mined in 5 years! |
The new generation have arrived and they brought their own currency...
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Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
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November 25, 2014, 11:47:07 AM |
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I finished selling it all about a month ago Purchased masternodes and LTC Cloud mining shares, selling LTC for DRK. Wow, bold move! Is it working out ok? Did you take a hit on profit, but the power savings made up for it? [/quote] My profit quadrupled and I have no more power bill, I keep a rental of about 100 Mh/s on x11 going to do my bit for the network. I must warn you however, on these LTC cloud mining deals, people are getting scammed left right and centre, you have to tread extremely carefully. |
The new generation have arrived and they brought their own currency...
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dotnetmin
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November 25, 2014, 11:51:51 AM |
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Big pressure on LTC, i wonder how long BTC-e supporters still behind this with the longterm decline.
Sometimes it think they let go down the ship slowly until they have see ROI of their expensive purchased ASICs.
A year and LTC is done
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tungfa
Legendary
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Activity: 1834
Merit: 1023
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November 25, 2014, 11:59:07 AM |
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done ! 2nd gaming page ! this is BIG ! |
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Artoodeetoo
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November 25, 2014, 12:06:51 PM |
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Looks like someone is trying to hold DRK down... I think its looking like it will spring up soon though despite their efforts!
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DASH #DashDC #DashIntoDigitalCash
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stonehedge
Legendary
Offline
Activity: 1652
Merit: 1002
Decentralize Everything
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November 25, 2014, 12:09:44 PM |
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Looks like someone is trying to hold DRK down... I think its looking like it will spring up soon though despite their efforts!
I reckon we're going to see a small surge tomorrow morning (GMT) |
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tungfa
Legendary
Offline
Activity: 1834
Merit: 1023
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November 25, 2014, 12:50:21 PM |
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tungfa
Legendary
Offline
Activity: 1834
Merit: 1023
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November 25, 2014, 01:45:49 PM |
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done ! 2nd gaming page ! this is BIG ! As we are now accepted by 2 Gaming Pages in 1 or 2 weeks I think we should launch a little DRK Gaming PR (fernando, great idea) I remember there was a post from Camousol (sorry for the spelling) about this some time ago ! Ether somebody has an idea how to find that post, or Cam, can you please repost your thoughts on DRK and Gaming !!?! Tx Brother ....>  |
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splawik21
Legendary
Offline
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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November 25, 2014, 03:10:26 PM |
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The week MACD looks promising but we need to wait one more week to get first green candle meaby two...we will see... |
BE SMART, USE DASH ( ͡° ͜ʖ ͡°) |
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innergy
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November 25, 2014, 03:16:39 PM |
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How is that possible? 175604 3339.15 ... XcMnyvL2rsGzSjsa97gHyCV8RfSPxpGynT Onyx v2 (0.10.16.6+)
175603 3274.11 ... XcMnyvL2rsGzSjsa97gHyCV8RfSPxpGynT Onyx v2 (0.10.16.6+)
175570 2753.31 ... XcMnyvL2rsGzSjsa97gHyCV8RfSPxpGynT Onyx v2 (0.10.16.6+)
175395 3119.45 ... XcMnyvL2rsGzSjsa97gHyCV8RfSPxpGynT Onyx v2 (0.10.16.6+) http://explorer.darkcoin.io/address/XcMnyvL2rsGzSjsa97gHyCV8RfSPxpGynT |
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GhostPlayer
Legendary
Offline
Activity: 1092
Merit: 1000
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November 25, 2014, 03:18:46 PM |
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Getting a Mn is 100000x better than any mining rig.
Resale value? Trying to sell a rig of say 5x 280x is impossible. Now one buys. I know, I tried for months when LTC was at much higher price.
Selling parts is a nightmare. Ebay kills any good deal. Then there is paypal.
If DRK starts to drop below your entry point, it take no longer that 10-15 minutes to liquidate. It took me more than 2 months to sell-off my rig at a stupidly low price.
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xxxgoodgirls
Legendary
Offline
Activity: 1092
Merit: 1001
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November 25, 2014, 03:21:05 PM |
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Getting a Mn is 100000x better than any mining rig.
Resale value? Trying to sell a rig of say 5x 280x is impossible. Now one buys. I know, I tried for months when LTC was at much higher price.
Selling parts is a nightmare. Ebay kills any good deal. Then there is paypal.
If DRK starts to drop below your entry point, it take no longer that 10-15 minutes to liquidate. It tool me more than 2 months to sell-oof my rig at a stupidly low price.
quoted for truth |
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