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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9723463 times)
dotnetmin
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April 17, 2014, 06:57:43 AM
 #14141

Full respect you are right fotgotten about it.

YEP, low diff and I get 0,62 DRK/hour so 14,88/day !!! YES YES YES.....dont mine it to early guys Tongue
Some write that it`s not profitable but persistent ones will win. With my 4x 280x + i5 I get 0,0189 BTC/day - electricity.... so get more that any other scrypt coin mining.... who knows how long it lasts....

mow much do you pay per kwh

Prezzo dell'Energia - F1 €/kWh 0,117500
Prezzo dell'Energia - F2 €/kWh 0,041500
Prezzo dell'Energia - F3 €/kWh 0,041500


So I have 4 gpu 280x every conumes about 200watt/h = 4*200watt = 0,8 kWh (assuming just on my eye looking at counter don`t have a killawatt) If 280x takes less than 200 watt for hour...the proifitability will rise Smiley
I get 9000 Mhash/s with them.

60hours a week pay 0,1175 euro/kWh = 7,05 euro
60hours a week pay 0,0415 euro/kWh = 2,49 euro
and 2 days of weekend = 48 hours pay 0,0415 euro/kWh = 1,5936
---------------
After 1 WEEK of 7/24 mining it costs me 11,13 euro + VAT (10%)
After 1 MONTH of 7/24 mining it costs me 47,71 euro + VAT (10%)
1 month costs of electricity is 52,48 euro
---------------
I get ~7,5 drk/day nowadays...today almost doubled coins with this low diff....
7,5 coin * ~0,0013BTC/coin = 0,00975BTC/day * 30 days = 0,2925BTC * 370 euro = 108,22 euro profit - 52,48 euro costs of electricity = 55,74 euro clear profit @ 4x 280x gpu

EDIT: sorry I did wrong calculations with weekly hours Smiley - too much mathetmatics Cheesy


It seems you didn't receive the first electricity bill yet...
The price u put for F1, ,F2, F3 r pure prices for electricity... u forgot dispatchment, fees and lot of other imposts u should know we r used to have here in Italy...
If u have a good electricity tariff u can hope in an optimistic 0.25/0.30 euro/kwh...
So it's better to remake ur counts or u'll have bad surprises...
Not last, remember in Italy the price per kwh rises with consumption... Using 6000 kwh/year u pay double price per kwh than using 3000 kwh/year...
With 4x7950 undervolted i have 850 at wall... w your rigs (4x280x + i5 cpu) u'll be approx 900/1000w... It means for 24/7 u r approx 8500/9000 kwh/year (just for the rig... + all the rest u have at home!)
I'm not saying not to mine, but make your right counts... I'm doing it... and not for daily profit but 'cause i believe and trust the potential of some alt coins!
Happy mining!  Grin

Thanks for corection this. I was wondering having so big differences within EU.
I have to pay 0.25€/kwh, which is a very low price for average consumers in germany.
Maybe we can collect some worldwide prices to get a better view on how cheap DRK can be mined, or how deep we could go with price on DRK depening only on production cost.
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April 17, 2014, 09:42:01 AM
 #14142

There is NO buy order for dark. If i attempt to sell my 5BTC of DRK the market will be duped hard !
coins101
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April 17, 2014, 09:48:30 AM
 #14143


Quote
I don't understand any need for this unless you want customer protections.

No, not protection for customers. Protection for retailers. Something is stopping them from accepting crypto, despite the costs being significantly less than using credit cards.

So you're a big retailer and you prefer not to use crypto despite the fact that it can double your profit margin.

On paper its a no brainer. So what is the barrier?


The barrier is the volatility.  They still have to pay someone like coinbase to sell their coins immediately so as to minimize risk.  It's too much of an unknown, and the floor has dropped out of Bitcoins on many occasions, and they could lose a ton of money in just moments.  Retail is way too competitive to take on any risk.

None of the things you've suggested will minimize a retailer's risk, only a long track record of stability.  Overstock sells their bitcoins immediately, they get transferred to Coinbase and sold as fast as the transactions allow.  Their prices are linked to coinbase plus a healthy markup to pay for Coinbase's services and minimize risk.  For such a large retailer, though, it also doubles as advertisement Smiley

It's more of a regulatory issue with identity verification than an exchange risk.  Conversion orders can be spot rates, placed immediately, so prices are not as big an issue.

Quote
Many regulatory agencies around the world are concerned that digital currencies can be easily used for money laundering or the illegal purchase of weapons and narcotics, and have moved to control or prohibit their use in ordinary commerce.

http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416
sammy007
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April 17, 2014, 09:49:11 AM
 #14144

10% instamine - FACT

launched when both Europe and the USA were asleep - FACT

block reward was 500 per block every few seconds - FACT

launched with no windows wallet  - FACT

to make the matters worse

block reward now 20 with 2.5 min

developers reduced the total number of coins from 88 million to 22 million.

darkcoin is a scam and everyone knows this. thats why it is the least profitable coin to mine by far

that is why when every altcoin increase in %50-%200 price darkcoin stuck at 10%.

we are not stupid.

there was absolutely no reason to decrease the number of coins. but devs that held hundreds of thousands of darkcoin (maybe millions) wanted to increase the value of their assets.

you know what happened? nothing. price did not even increase when they made the coins scarce. these moronic devs dont know 1 thing about economy.

price depends on DEMAND.

imbeciles.

FACT: Evan screwed up the beginning of this coin
FACT: Evan fixed it as soon as he realized what happened (within the first 24 hours)
FACT: Nobody knew the extent of the oops until about a week later when a block explorer was made.
FACT: At that point, nobody wanted to go back and start over again after a week's mining on this coin, and if it had stopped at that point, many people who support this coin so rigorously and have done so much for this coin wouldn't be here today.
FACT: If you don't like what this coin does have to offer, it's your choice, why are you here?  Do you think the rest of us don't know the history? It's written out all over the place and easy to research.  If you don't like it go away.
FACT: The reduction of coin value to 22 million was something the WHOLE community voted for (I argued against, but lost, too bad) and has NO impact on the number of coins to be created this year, nothing has changed accept a 7% reduction in rewards each year starting in January 2015.  This, overwhelmingly was what the community wanted.
FACT: I beg to differ, I'm not so sure a few of you here aren't stupid, short sighted and unwise.

Could you tell me how it was fixed? tl;dr.
patrolman
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April 17, 2014, 09:53:30 AM
 #14145

There is NO buy order for dark. If i attempt to sell my 5BTC of DRK the market will be duped hard !
I don't think so. There is more than one market. Sure it might take it down a little lower temporarily but you're not going to do much permanent damage with 5 BTCs' worth of DRK.
CHAOSiTEC
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April 17, 2014, 09:54:31 AM
 #14146

There is NO buy order for dark. If i attempt to sell my 5BTC of DRK the market will be duped hard !

sorry, but not true..

https://www.cryptsy.com/markets/view/155

node-vps.com - Tron / Masternode hosting services
Rux
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April 17, 2014, 10:44:12 AM
 #14147

Note to CHAOSiTEC

bro i sent drk to your dice site... after 4 hours im not getting anything

ill look into it

send me your address and i will return your 1 drk


XoULqEcatZZofQDeGeEYeWmWZHyJADBmhn

Smiley thx bro

please man add AUTOBET, i will be happy to play... otherwise im bored to click click click

RXC Crypto.ba Decentralized solutions!
ggushterov
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April 17, 2014, 10:46:57 AM
 #14148

http://drk.althash.eu
DDoS Protection
Payout cron every 15 minutes
Vardiff
Stratum protocol
PPLNS payout system
Payout after 120 Network confirms
1% Fee
0% Donation (default)

stratum+tcp://stratum.althash.eu:3033

You are most welcome to try mining DarkCoin with us.
Greetings,
Althash Team
HammerHedd
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April 17, 2014, 11:00:15 AM
 #14149

There is NO buy order for dark. If i attempt to sell my 5BTC of DRK the market will be duped hard !

I realize the "duped" is probably a typo, but it seems both funny and appropriate for this post!

DRK: XepkHLT2MYTXSFDc2muiGeA9eRzG6ytpSy       P2Pool: stratum+tcp://darkcoin.kicks-ass.net:7903
BTC: 1LVE3pFpAhSrHbiK5hAUWDeVrB5UrPXRkJ                    http://darkcoin.kicks-ass.net
HammerHedd
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April 17, 2014, 11:05:42 AM
 #14150


Quote
Many regulatory agencies around the world are concerned that digital currencies can be easily used for money laundering or the illegal purchase of weapons and narcotics, and have moved to control or prohibit their use in ordinary commerce.

http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416

This quote makes me laugh. What they should say is:

Quote
Because many regulatory agencies around the world have moved to control or prohibit the use of cryptocurrencies in ordinary commerce, the regulatory agencies are concerned that digital currencies can be easily used for money laundering or the illegal purchase of weapons and narcotics.

"If you make something that people are already doing illegal, are you are doing is creating criminals."

DRK: XepkHLT2MYTXSFDc2muiGeA9eRzG6ytpSy       P2Pool: stratum+tcp://darkcoin.kicks-ass.net:7903
BTC: 1LVE3pFpAhSrHbiK5hAUWDeVrB5UrPXRkJ                    http://darkcoin.kicks-ass.net
slapper
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April 17, 2014, 11:11:09 AM
 #14151

Vertcoin, Quark, Litecoin and most all coins have had huge instamines with developers and their friends getting unfair advantage through one way or another.

Everyone in this thread needs to read this https://bitcointalk.org/index.php?topic=572265.0

Unfortunately the way Altcoins work is to smear other coins and that is what cryptohunter and Spoetnik and ymer/ILuvAnonCoin etc have done to this coin. They are all bagholders of a different coin and there is no way to pump their coins without putting down others first.

There is no major issue that I see with this coin, just the nature of altcoins to kill each other. Good Luck!

..Stake.com..   ▄████████████████████████████████████▄
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..PLAY NOW..
supervine
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April 17, 2014, 11:24:51 AM
 #14152

This coin can be monitored and send alert of price changes in android app Crypto Coins Manager, as like all other coins. Use it for free.
https://play.google.com/store/apps/details?id=halfprice.coinmanager

Best android app for crypto: Crypto Coins Manager
All coins, prices, tendencies, price change alerts, favorite coins, mining profitability &much more
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April 17, 2014, 11:31:06 AM
 #14153

We are pleased to announce that local newspapers have started publishing news articles about Muniti, a cryptocurrency based on the X11 algo. This is the first one, by di-ve which is managed by the main TV station in Malta (TVM). Darkcoin received an honourable mention in this article:

http://www.di-ve.com/news/muniti-malta%E2%80%99s-own-bitcoin


[MUN] Muniti - Malta's National Cryptocurrency - http://www.muniticoin.com/

Bitcointalk thread - https://bitcointalk.org/index.php?topic=545886.0
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April 17, 2014, 02:34:09 PM
 #14154

If i understand correctly, darksend will provide anonymity for the transaction through masternodes.

If i want to run a masternode, what i need ?

janos666
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April 17, 2014, 02:38:53 PM
 #14155

If i understand correctly, darksend will provide anonymity for the transaction through masternodes.

If i want to run a masternode, what i need ?

N*1000 DRK and N secure servers with unique IP address(es), (N=1,2...inf).
azhago
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April 17, 2014, 02:59:21 PM
 #14156

If i understand correctly, darksend will provide anonymity for the transaction through masternodes.

If i want to run a masternode, what i need ?

N*1000 DRK and N secure servers with unique IP address(es), (N=1,2...inf).
So, if i want to set up a masternode at home, i need a server + 1000 DRK
If i want more than one, i need another server in another location (different IP) ... and of course, another 1000DRK
What are the advantage of running masternode (what will i gain running one?)

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April 17, 2014, 03:05:37 PM
 #14157

If i understand correctly, darksend will provide anonymity for the transaction through masternodes.

If i want to run a masternode, what i need ?

N*1000 DRK and N secure servers with unique IP address(es), (N=1,2...inf).
So, if i want to set up a masternode at home, i need a server + 1000 DRK
If i want more than one, i need another server in another location (different IP) ... and of course, another 1000DRK
What are the advantage of running masternode (what will i gain running one?)

This will explain, read 1st post: https://www.darkcointalk.org/threads/darkcoin-update-masternode-requirements-masternode-payments.225/

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.
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April 17, 2014, 03:05:46 PM
 #14158

http://darksend.it now has qr code support for the webpage as well as the terminal

at 1000 users, i will give out subdomains as well

currently generating an address on tor for those too paranoid about their ip, so that will get posted soon

examples:
http://darksend.it/dime

or in terminal:
curl darksend.it/dime

register your name at http://darksend.it/

dime, can you explain exactly what you're doing?  Because I might not be the only person who doesn't understand, LOL.
Thanks!

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mahowi
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April 17, 2014, 03:12:28 PM
 #14159

http://darksend.it now has qr code support for the webpage as well as the terminal

at 1000 users, i will give out subdomains as well

currently generating an address on tor for those too paranoid about their ip, so that will get posted soon

examples:
http://darksend.it/dime

or in terminal:
curl darksend.it/dime

register your name at http://darksend.it/

dime, can you explain exactly what you're doing?  Because I might not be the only person who doesn't understand, LOL.
Thanks!
http://darksend.it/your_username links to a DRK address you own and shows a QR code for it. E.g. http://darksend.it/mahowi shows my address XfR5Q93ZxGmjXajq6Bk7X66WgniPFMtpR6 and the corresponding QR code.

DRK: Xeojbw5gDNtvCbUK7VXaDqfyNU29ahqavB
BTC: 1K5hJ1wiRJ9mAWwn9pLzjst18jTa1benHT
LTC: LiUgyndo4sibahGEyuw8ymphciaq7tbS9a
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April 17, 2014, 03:15:17 PM
 #14160

i think i have a really stupid question:

will it be possible to send DRK without using darksend?


DΛRKCOIN -> is now -> DΛSH
----------
not DashCoin, not DarkDash, not anything. The Name has been / is changed the tech stays the same
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