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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9604306 times)
CHAOSiTEC
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February 08, 2014, 11:02:34 PM
 #861

Almost 2GH now.  Another hog moving in.
its not on any of the known pools, there is only 1 so far with 1.6 GH/s

you need 20000 aws 32 core instances to mine at that speed

Probably more!!! Whoever this guy is, he is paying huge money to get his coins (it makes sense, you couldn't buy so many from market without pumping to a huge price, not enough volume)

true

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CHAOSiTEC
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February 08, 2014, 11:03:47 PM
 #862

we just got hit with the biggest botnet in history..  Undecided

Don't think it's a botnet.  Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.
you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500.  Don't think this is some guy using a cloud.  Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol

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February 08, 2014, 11:04:38 PM
 #863

Probably more!!! Whoever this guy is, he is paying huge money to get his coins (it makes sense, you couldn't buy so many from market without pumping to a huge price, not enough volume)

Or he is just a system admin in some huge chinese university which has thousands of computers he has access to. And now it is weekend and the computer classes are probably closed.
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February 08, 2014, 11:04:51 PM
 #864

we just got hit with the biggest botnet in history..  Undecided

Don't think it's a botnet.  Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.
you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500.  Don't think this is some guy using a cloud.  Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol


Crazy how fast the hashrate has risen. Say goodbye to double digit difficulty soon. 37 seconds per block, insane... Hope this means good things for the future.
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February 08, 2014, 11:06:04 PM
 #865

we just got hit with the biggest botnet in history..  Undecided

Don't think it's a botnet.  Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.
you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500.  Don't think this is some guy using a cloud.  Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol


Crazy how fast the hashrate has risen. Say goodbye to double digit difficulty soon. 37 seconds per block, insane... Hope this means good things for the future.

or come money and we have a diff of 100+ and he turns off the mining

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February 08, 2014, 11:06:13 PM
 #866

we just got hit with the biggest botnet in history..  Undecided

Don't think it's a botnet.  Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.
you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500.  Don't think this is some guy using a cloud.  Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol


Probably some guy with a ton of servers, and who knows, maybe he had someone optimize minerd for him too beyond what we're all using.
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February 08, 2014, 11:10:58 PM
 #867

we just got hit with the biggest botnet in history..  Undecided

Don't think it's a botnet.  Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.
you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500.  Don't think this is some guy using a cloud.  Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol


Crazy how fast the hashrate has risen. Say goodbye to double digit difficulty soon. 37 seconds per block, insane... Hope this means good things for the future.

or come money and we have a diff of 100+ and he turns off the mining

My concern as well, if we get good news about the new features though it could offset the higher difficulty with a bunch of new interest from 'normal' folks.

I'm still bullish.
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February 08, 2014, 11:13:21 PM
 #868

we just got hit with the biggest botnet in history..  Undecided

Don't think it's a botnet.  Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.
you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500.  Don't think this is some guy using a cloud.  Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol


Crazy how fast the hashrate has risen. Say goodbye to double digit difficulty soon. 37 seconds per block, insane... Hope this means good things for the future.

or come money and we have a diff of 100+ and he turns off the mining

My concern as well, if we get good news about the new features though it could offset the higher difficulty with a bunch of new interest from 'normal' folks.

I'm still bullish.

This is what I'm banking on too.  So are these hog miners.  I hate that these dudes have the power to flood the market with coins if they so choose.
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February 08, 2014, 11:15:41 PM
 #869


This is what I'm banking on too.  So are these hog miners.  I hate that these dudes have the power to flood the market with coins if they so choose.

your not the only one

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February 08, 2014, 11:17:00 PM
 #870

This is stupid, only linux wallet on release.

Good, killed the coin... biggest cpu miners are linux anyway so let them rape and then windows folks will never use it.

All these new alts need to die.
I totally agree with you here. The only alts that should stay are those with proper distribution and that are actually useful or have a purpose that is not already covered by bitcoin.

Forever strong.
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February 08, 2014, 11:21:20 PM
 #871

This is stupid, only linux wallet on release.

Good, killed the coin... biggest cpu miners are linux anyway so let them rape and then windows folks will never use it.

All these new alts need to die.
I totally agree with you here. The only alts that should stay are those with proper distribution and that are actually useful or have a purpose that is not already covered by bitcoin.

> 1.Cryptocurrency
> 2. Proper distribution
> Pick one.
luigi1111
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February 08, 2014, 11:23:08 PM
 #872

we just got hit with the biggest botnet in history..  Undecided

Don't think it's a botnet.  Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.
you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500.  Don't think this is some guy using a cloud.  Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol


Crazy how fast the hashrate has risen. Say goodbye to double digit difficulty soon. 37 seconds per block, insane... Hope this means good things for the future.

or come money and we have a diff of 100+ and he turns off the mining

My concern as well, if we get good news about the new features though it could offset the higher difficulty with a bunch of new interest from 'normal' folks.

I'm still bullish.

This is what I'm banking on too.  So are these hog miners.  I hate that these dudes have the power to flood the market with coins if they so choose.

If you stop and think, he really can't. If he just started mining about 200 blocks ago, the most coins he could get is between 10 and 15k. Many who have been mining consistently have way more than that. After next diff, it's looking like reward will drop to 25, meaning he won't be able to get as much. If he solo'd all 576 blocks until the next increase and got them all, he'd only have 14,400 more coins. This isn't enough to flood the market.

The much bigger concern to me is the coin being stuck on very high difficulty.
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February 08, 2014, 11:28:46 PM
 #873


The much bigger concern to me is the coin being stuck on very high difficulty.

thats the same im thinkning about... i wrote money, ment monday

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February 08, 2014, 11:29:49 PM
 #874

The problem here is not that he will get a lot of coins, because he is only getting 10k-15k (with 3M+ coins out there this isn't much), the problem is the diff readjust algo, I'm really sure he will leave after diff changes, then it will take longer until next diff change. I think Kimoto Gravity Well is the way to go to avoid this, and better now that the coin is still young.
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February 08, 2014, 11:31:35 PM
 #875

The problem here is not that he will get a lot of coins, because he is only getting 10k-15k (with 3M+ coins out there this isn't much), the problem is the diff readjust algo, I'm really sure he will leave after diff changes, then it will take longer until next diff change. I think Kimoto Gravity Well is the way to go to avoid this, and better now that the coin is still young.

Agreed.  This one guy is not the whole mining operation though.  As long as enough people stick around after he is gone the diff will eventually fall. 
CHAOSiTEC
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February 08, 2014, 11:33:43 PM
 #876

The problem here is not that he will get a lot of coins, because he is only getting 10k-15k (with 3M+ coins out there this isn't much), the problem is the diff readjust algo, I'm really sure he will leave after diff changes, then it will take longer until next diff change. I think Kimoto Gravity Well is the way to go to avoid this, and better now that the coin is still young.

Agreed.  This one guy is not the whole mining operation though.  As long as enough people stick around after he is gone the diff will eventually fall. 
in any case i will keep mining with all the cpus i can

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February 08, 2014, 11:39:53 PM
 #877


The much bigger concern to me is the coin being stuck on very high difficulty.

thats the same im thinkning about... i wrote money, ment monday

ditto.. we need a new retarget implementation ASAP. My money is on this guy jumping ship at retarget or soon thereafter.

XBC BTUCL6SoNCMYmvmY7tJ33EdtdvyNL4wdhr
blaaaaacksuit
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February 08, 2014, 11:41:13 PM
 #878


The much bigger concern to me is the coin being stuck on very high difficulty.

thats the same im thinkning about... i wrote money, ment monday

ditto.. we need a new retarget implementation ASAP. My money is on this guy jumping ship at retarget or soon thereafter.

Then as soon as we drive it back down, he comes back and shoots it up to 100
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February 08, 2014, 11:42:11 PM
 #879

you need 20000 aws 32 core instances to mine at that speed
What kind of a freak are we dealing with?! These crypto terrorists need to crawl back to wherever they came from...

I believe this coin can be viewed as a big threat by the 'governments', if eduffield really is getting close to creating a completely anonymous coin.

http://rt.com/business/bitcoin-russia-use-ban-942/
http://rt.com/business/bitcoin-warning-russia-bank-280/

The more people mining this coin, the better. Mine and hold!

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February 08, 2014, 11:49:46 PM
 #880

And I just learned how to use Azure  Cry

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