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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9272345 times)
drawing1211
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February 08, 2014, 11:10:58 PM
 #901

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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blaaaaacksuit
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February 08, 2014, 11:13:21 PM
 #902

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.
CHAOSiTEC
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February 08, 2014, 11:15:41 PM
 #903


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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BawsyBoss
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February 08, 2014, 11:17:00 PM
 #904

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.
blaaaaacksuit
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February 08, 2014, 11:21:20 PM
 #905

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
 #906

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.
CHAOSiTEC
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February 08, 2014, 11:28:46 PM
 #907


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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kaene
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February 08, 2014, 11:29:49 PM
 #908

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.
blaaaaacksuit
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February 08, 2014, 11:31:35 PM
 #909

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
 #910

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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SeriousCoins14
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February 08, 2014, 11:39:53 PM
 #911


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
 #912


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
heskey
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February 08, 2014, 11:42:11 PM
 #913

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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TanteStefana
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February 08, 2014, 11:49:46 PM
 #914

And I just learned how to use Azure  Cry

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luigi1111
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February 08, 2014, 11:50:11 PM
 #915


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

Yup. This is what is so exploitable about "normal" diff calculation algos. KGW FTW!
blaaaaacksuit
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February 08, 2014, 11:51:32 PM
 #916

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!

I was looking at some of the comments to these kind of articles and the russian speakers said there was no ban, just bad reporting.
AlexGR
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February 08, 2014, 11:52:58 PM
 #917


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.

...and that would be the "good" scenario (=being a big guy which hops around the most profitable cpu coin at any given point). The really bad scenario is that he stays around, which would perhaps hint at something totally different for achieving his hashrate, like offloading part of the algorithms in a GPGPU approach.
CHAOSiTEC
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February 08, 2014, 11:54:01 PM
 #918

And I just learned how to use Azure  Cry
wait with using your credit on there... this miner is going to disapear quickly again i think

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SeriousCoins14
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February 08, 2014, 11:54:22 PM
 #919

And I just learned how to use Azure  Cry

Ah sorry Sad Hey, just make sure you shut down your virtual machines so you can keep your $200, you have 27 days to use it! Don't leave them running! I'm not on trial anymore I pay as I go but I'm shutting them all off at retarget minus my home setup :\.. I'll be at a huge loss at that point

XBC BTUCL6SoNCMYmvmY7tJ33EdtdvyNL4wdhr
heskey
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February 08, 2014, 11:57:54 PM
 #920

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!

I was looking at some of the comments to these kind of articles and the russian speakers said there was no ban, just bad reporting.
That's good news. But remember, the poeple in charge of our current monetary system wont give up without a fight. They have been fighting for many years to keep us under the controll of their fiat bullshit. Basically we have to work to earn toiletpaper (dollar, euro, etc), meanwhile they can just print their own salary and buy whatever they want. A well working crypto currency is a stab right to the core of their power.

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▓▓▓▓▓  BIT-X.comvvvvvvvvvvvvvvi
→ CREATE ACCOUNT 
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