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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722721 times)
InternetApe
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February 15, 2014, 06:23:28 PM
 #2061

pool.darkcoin.io seems to be down Sad

Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.

Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.


DarkCoin - https://bitcointalk.org/index.php?topic=421615 - DarkCoin aims to be the first privacy-centric cryptographic currency with fully encrypted transactions and anonymous block transactions.
maxmag
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February 15, 2014, 06:25:05 PM
 #2062

I've forgot to mention about mobile wallet Smiley but DarkSend implementation first...
InternetApe
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February 15, 2014, 06:25:39 PM
 #2063

pool.darkcoin.io seems to be down Sad

Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.

Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.



pool.darkcoin.io is back up and running now!

DarkCoin - https://bitcointalk.org/index.php?topic=421615 - DarkCoin aims to be the first privacy-centric cryptographic currency with fully encrypted transactions and anonymous block transactions.
CHAOSiTEC
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February 15, 2014, 06:36:44 PM
 #2064

pool.darkcoin.io seems to be down Sad

Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.

Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.




drk.lotterymining.com is ready for more miners, moved to better setup, and can now handle the load

each week we have a lottery, each day your actively mining equals 1 lottery ticket,

pool fee is 1% - 50% of those are in the lottery pot, plus ive added 100 drk on top, welcome :-)

node-vps.com - Tron / Masternode hosting services
slyA
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February 15, 2014, 06:38:42 PM
 #2065

pool.darkcoin.io seems to be down Sad

Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.

Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.



pool.darkcoin.io is back up and running now!


Mein Furher, status on Dark send? the allies are rallying over Berlin.
drawing1211
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February 15, 2014, 06:52:30 PM
 #2066

pool.darkcoin.io seems to be down Sad

Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.

Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.




drk.lotterymining.com is ready for more miners, moved to better setup, and can now handle the load

each week we have a lottery, each day your actively mining equals 1 lottery ticket,

pool fee is 1% - 50% of those are in the lottery pot, plus ive added 100 drk on top, welcome :-)

I pointed my GPU to your pool, seems to be getting the full hashrate so far. Will report if I see any issues but hopefully we'll find some blocks.

Looks like hashrate is coming down from the official pool, glad to see the redistribution.
Lebubar
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February 15, 2014, 07:01:50 PM
 #2067

Unfortunatly... If the diff still rising (47 now) and the prize don't follow I'll stop mining this coin  Cry  Cry

I have only 1 gpu and give me the same hash rate as a i7 with sgminer...

I am minig with 10* 8 cores...
Riseman
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February 15, 2014, 07:14:45 PM
 #2068

This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.
TanteStefana
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February 15, 2014, 07:19:29 PM
 #2069

Morning, yah, my hash rate is only about 160 k/h on my desktop's AMD  5550 and 500 kh/s or so on my 5770.

I don't have high end stuff ;P

█ ANN THREAD █
﹝Whitepaper﹞
【BLACKBOX OS】
The Future of Work. Decentralized.
TELEGRAM﹞﹝FACEBOOK
TWITTERYOUTUBE
drawing1211
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February 15, 2014, 07:21:09 PM
 #2070

This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.

I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.
TanteStefana
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February 15, 2014, 07:26:02 PM
 #2071

This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.

Personally, when I see the hash rate go up, it usually means that it gets harder to mine for everyone.  If only a few people had the GPU miner (which I personally think was the case), then they have an advantage.  This is when it gets easy for some to pump and dump.  When the playing field is evened out, there isn't as much advantage to pump and dump.

I have low end equipment, I'm just keeping up with what I was making before by adding GPU

I have noticed the highest miners have not suddenly increased their capacity, therefore, I suspect they already had Gpu miners working.

This leveled the playing field.

I can't say some fool will dump their coin, but I can say, if they do, and I can, I'm a buying 'em up!

█ ANN THREAD █
﹝Whitepaper﹞
【BLACKBOX OS】
The Future of Work. Decentralized.
TELEGRAM﹞﹝FACEBOOK
TWITTERYOUTUBE
slyA
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February 15, 2014, 07:27:57 PM
 #2072

This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.

I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.

GPU miners have more hash power hence higher chances of finding and solving blocks, thus more coins to toss around. They're also known to be the asic-adjacent miners of asic proof coins.

Hell, take a look at coins like GRID coin or UTC and see what GPU miners are doing to it.
VanBreuk
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February 15, 2014, 07:29:45 PM
 #2073

This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.

I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.

It's a matter of volume. I was mining DRK with CPU, getting some 250-300 KH/s, around 12 DRK a day. Not thinking about selling because I really want to see the concept implemented, but with those rates, at current prices, the profit is small and less tempting to cash out. This perspective changes if you multiply the results by 5-10+ when using a decent GPU. Also the difficulty rises faster and CPU miners are slowly moved out of the picture.

I'm personally a little disappointed since one of the two things that made DRK interesting for me as announced (CPU only) turned out to be false. But I'm not selling and will follow developers work.
eduffield (OP)
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February 15, 2014, 07:31:34 PM
 #2074

The public testing and improvement phase of the DarkSend technology officially begins right now!

https://bitcointalk.org/index.php?topic=467857.new#new

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
cshlock
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February 15, 2014, 07:34:30 PM
 #2075

This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.

I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.

It's a matter of volume. I was mining DRK with CPU, getting some 250-300 KH/s, around 12 DRK a day. Not thinking about selling because I really want to see the concept implemented, but with those rates, at current prices, the profit is small and less tempting to cash out. This perspective changes if you multiply the results by 5-10+ when using a decent GPU. Also the difficulty rises faster and CPU miners are slowly moved out of the picture.

I'm personally a little disappointed since one of the two things that made DRK interesting for me as announced (CPU only) turned out to be false. But I'm not selling and will follow developers work.

I agree. I kind of gave up on mining since the GPU release I noticed the amount of coins I was making drop quite a bit. I loved the fact that it was CPU only, but now it is just one of many GPU coins. But, I'm holding what I have.
Riseman
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February 15, 2014, 07:37:52 PM
 #2076

I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.

They aren't. But GPU mining is generally multiple times more profitable than CPU electricity cost wise. Also it's much easier to build a GPU farm than a CPU farm having an equal hashrate. People who mine with their own PC with a GPU probably will hold but GPU farm owners often take quick profits and sell their mined coins rightaway especially if the coin becomes popular and mining is profitable.


When the playing field is evened out, there isn't as much advantage to pump and dump.

Maybe, but before it evens out we may see a large price drop.
mfhc
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February 15, 2014, 07:41:06 PM
 #2077

I'm personally a little disappointed since one of the two things that made DRK interesting for me as announced (CPU only) turned out to be false. But I'm not selling and will follow developers work.
But it's still resistant to multipools which is also a nice feature.
drawing1211
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February 15, 2014, 07:49:25 PM
 #2078

The public testing and improvement phase of the DarkSend technology officially begins right now!

https://bitcointalk.org/index.php?topic=467857.new#new

New rumor, eduffield is Satoshi...  :-)
HammerHedd
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February 15, 2014, 08:12:27 PM
 #2079

This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.

Aha! But maybe there are some of us who just like to be involved in a truly anonymous coin and we won't worry so much about some initial volatility in the coin. Smiley

I just want to see this work out into a truly anonymous coin.

That way I can unload all my coinye Tongue

DRK: XepkHLT2MYTXSFDc2muiGeA9eRzG6ytpSy       P2Pool: stratum+tcp://darkcoin.kicks-ass.net:7903
BTC: 1LVE3pFpAhSrHbiK5hAUWDeVrB5UrPXRkJ                    http://darkcoin.kicks-ass.net
Kenta
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February 15, 2014, 08:14:36 PM
 #2080

I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.

They aren't. But GPU mining is generally multiple times more profitable than CPU electricity cost wise. Also it's much easier to build a GPU farm than a CPU farm having an equal hashrate. People who mine with their own PC with a GPU probably will hold but GPU farm owners often take quick profits and sell their mined coins rightaway especially if the coin becomes popular and mining is profitable.


When the playing field is evened out, there isn't as much advantage to pump and dump.

Maybe, but before it evens out we may see a large price drop.
It will be the same amount of coins mined every day. The difficulty might be higher and the people getting the coins will not be you and me as before, but the market won't be more flooded as coins/day will stay more or less the same.
However, it can make your already mined coins more worth as now it will probably be priced for the increased hashrate/watt/dollar.

Worst thing that can happen is that factory miners will start mining hard and then drop it leaving us difficulty-locked  Grin

Trade your cryptocoins at: ◣ bleutrade.com ◢◣ C-Cex.com ◢
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