[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[bezekal]

always up!

[Ignition75]

I agree the incessant and laughably transparent trolling of this thread has kept it at the top of the stack for weeks now!
I doubt even 1 newb has been swayed by the childish repeating of FUD by certain individuals.

the latest round of crying about the MN payments just shows everyone that there really is nothing even the most ardent naysayers have to throw at DRK.
talk about clutching at straws........

I mine DRK and have no problem losing 20% to MasterNodes that provide the double service of Anonymous transactions while promoting a proliferation of vital network nodes.

the funny part is it is still more profitable to mine than it is to have a MN for the cost involved

You might forget the cost of running your rigs while one MN need only 10$/month for running VPS?

true it does cost some to run the miners but for the price of 1 MN at current prices i could have an extra 60Mh/s mining which would get me somewhere between 2 and 3 drk per day
thus i really dont see some peoples problem with masternodes....
EDIT: i really should stop looking at this it is making me want to sell my MN and buy some more rigs....

Don't forget the time to maintain your rigs too. For 60Mhs you need at least 20 GPUs and maintaining is suck. Too many hassle. I have thought like you too but once the MN is set you could forget about it. I just checked once per day to see how many DRKs I get paid.

Sigh... Whomever said miners were lazy should re-think that comment...  I've got 30 rigs, yes OK I'm running Windoz but with all the dirver and OS updates it's a full time job to keep everything current...

Maybe running Windoz is the problem but hey, Linux just doesn't do it for me...

[Ignition75]

I'd love to see a poll of how many masternode holders are also miners.

I'm a hodler of 10 worthless tax scamming MNs.

I mine less than 0.01DRK a day with a very outdated video card that isn't worth the juice to turn on...

Go stand in front of the mirror and take a long hard look at yourself...

[Ignition75]

All I can say is that DRK is doing something right if miners are getting upset.

They are the biggest bunch of lazy, hypocritical parasites I've ever come across on bitcointalk.

We are the core of the network performing the basic functions for anyone using Darkcoin, yet you call us lazy hypocritical parasites? because of a few annoying people? Quite disrespectful to say the least. You're engaging with trolls, and in the process you're actually upsetting genuine supporters/miners.

I've put a lot of work and money in my mining setup supporting what I believe to be first true altcoin (despite issues). I only started somewhere in March 2014, mining Litecoins mostly. It was the only cryptocurrency with some interest to me aside from Bitcoin, but I soon discovered a really interesting cryptocurrency called 'Darkcoin'. I actually bothered to sign up for this forum, mostly to be part of Darkcoin.

However, mining DRK hasn't been profitable at all (for me) and requires a lot of money, time and dedication. Some of the crappiest coins ever are still more profitable to mine than DRK. The price would still need to rise a lot for me to just break-even. I could mine other coins that are more profitable and exchange them for DRK, I could ride the scam waves, but I won't. I want to be part of DRK. I do it with tremendous pride being part of this incredible evolution (and community), despite the money I loose on it. I've learned so many interesting things due to cryptocurrency and this has more value to me than 'profit', but I'm not blind to 'profit'. It is an element of the equation, which should not be ignored.

In my opinion, setting up and running a MN is rediculously easy and is very profitable compared to mining, even in the future with ~2000 MN's. It's a profitable operation within a matter of days (worst case scenario). Mining is profitable maybe after a year, maybe more, maybe never. It's certainly not the smartest/most profitable way to "invest". When RC4 is out and fully working, I should actually consolidate my rigs and convert the money into a masternode and not ever worry again about my electricity bill. 5$/month for hosting cost, all the rest is profit. I currently pay close to €250/month to keep my 45 MH/s infrastructure running, earning me less than 1 DRK/day. Not complaining, just telling you my side of the story.

There is a difference between 'profit' and 'revenue'. Incentive to mine DRK has always been very low due to it's specific supply/distribution algorithm ánd still is today due to it's maintained high net hashrate versus low price. Why is Darkcoin always listed near the bottom of coinwarz.com? Right, cause it's not profitable to mine unless you have a rediculously low kWh price (I'm paying more than $0.1/kWh). Also, I'm not a trader, I'm yet to sell my first Darkcoin and I'm not going to for a very long time. Would prefer to actually use them some day.

Some Dark believers are more upsetting than an entire team of trolls. Nothing trolls say could ever make me change my mind about what I'm currently doing. Evan is doing something truely exceptional, introduced X11 chained algorithms for PoW to enhance the security of the network and Proof of Service masternodes providing a much needed level of anonimity which I consider the biggest flaw in Bitcoin. It's effectively a working "Proof of Stake" model and it will go beyond the current 'added value'. I couldn't care less about the 20% reward masternode owners get. This '20% cut' out of the mining revenue will some day be proven to be irrelevant, as MN's create a lot of additional value. It's an eco-system based on incentives and the reasoning should be correct. Price should go up and eventually even out your earnings as a miner. No reason to get upset over this, as long as it remains within certain limits, I'm totally fine with it. It's true that it is currently biased towards MN's, but this is also required to get things going. Marginal profitability for MN owners would not have gotten us to +600 MN's already. I get that.

I'm sure that many merchants will implement DRK as a payment method, once the core functionality has been proofed. Everybody knows we're still in the core development phase. I'm still extremely 'bullish' on DRK and will continue to be. Stop fighting trolls and help the Darkcoin team @ darkcointalk.org.

Regarding my previous post: so it is unfortunately 100% effective to mine on non-compliant pools, as long as enforcement is not activated. OK. No retro-active orphaning due to enforcement. Good to have this clarified. I'm still learning every day about blockchain technology and novel features of DRK are not always explained enough in detail for me. Thanks to those who replied. For the record, I'm obviously mining at a compliant pool and will continue to do so.

+1  Well put.  Unfortunately I've had to put Tok on ignore as well, he keeps quoting the Trolls so it makes me wonder if he's here doing "The Long Troll" as well...

[blajde]

----------------------------------
repost
----------------------------------


 if anybody wants to pool together and create a MN, I'll Host.

I already have a quasi-business setup here locally with people that bring me money once a week/month that want to invest in Crypto but don't want to get involved technically.

- The Basic concept would be to purchase shares of the MN in 100DRK increments that I would pay out monthly to your wallet.
- Every (2) weeks you'd get a detailed report of DRK earned....... etc etc
- You can only cash-out if you have a replacement "buyer" or if I have enough DRK to pay/buy you out right.
- Fee's would only consist of actual cost plus 1% divided by 10 (each share of 100DRK MN you own)
- My portion to start will be 300DRK (or 30%) which leaves (7) 100DRK shares open to buy-in.
- All of this would have to happen manually - no auto-payments or bot's involved.

If your truly interested PM me.
It would be nice to have this set-up before the RC4 release.

GhostPlayer will be commissioned to fully implement the MN on a Server in Iceland, unless folks have a better idea/plan
 - GhostPlayer and I have had "some" discussion on setting up a MN already. -
He hasn't given me a DRK price yet

.......but each share, to start out would be, from what I can tell, 102DRK
So if you want (2) shares - you'd send me 204DRK and so on.
200DRK for your share and 4DRk for fee's
Anything left-over, minus 1% would be returned.

If more details/questions need to be discussed and/or resolved - just PM me
Also - you'll get my FULL identity and contact info once you have bought in.

If you do buy-in and we fail to achieve 1000DRK for the MN - you WILL get a FULL REFUND minus any transaction Fee(s)


Okay - now it's up to you - buy into a MN - or not.....


------------------------------------------------------------
------------------------------------------------------------
I believe in transparency - with that said....
Here is an update.......
-------------------------------------------------------------
So far (1) person as indicated that they would like to be part of this MN
I have sent them the following msg, removing their personal info and
showing the person here as investor #2
-------------------------------------------------------------

(10) shares @ 100DRK = (1)MN
------------------------------------
(3) shares = Mangled Blue = 300DRK
(?) shares = investor #2 = ???DRK
(?) shares = investor YOU = ???DRK

I've created a DRK wallet and address just for the MN so that everybody can see it.

XydmRzDr35FYJcbrDA6qMpw2HX8rUUZPXg

BlockChain: http://explorer.darkcoin.qa/address/XydmRzDr35FYJcbrDA6qMpw2HX8rUUZPXg


I have sent 306DRK to this Wallet

Please remember to send +2DRK for every 100DRK to help cover fee's
102DRK
204DRK
306DRK
etc
etc

That will give us 1020DRK

1000DRK for MN
and
20DRK to cover fee's
(I would think that would be enough to cover any fee's for now)

As stated, GhostPlayer will construct the MN for us.
I'm thinking of putting the MN in Iceland and away from the States.
I'm pretty sure that they accept DRK for Server time.

http://www.flokinet.is/


If we don't get all (10) shares sold in a reasonable amount of time, I'll refund you.
Or, if you change your mind, I'll of course refund you.

Let me know.......

And PLEASE ask questions if you have any.
I would like to avoid any confusion and/or concern(s).



------------------------------------------------------------------------
If anybody wants in on this MN please PM me.
Once we reach 1000DRK, nobody else will be able to join,
...... unless somebody sells you their stake in the MN.
-------------------------------------------------------------------------

Thank you for your time.....
Mangled Blue

fees seems excessive 2kmuch.

20 drk soon to be 1000$ in fees server anually costs 5$ tops?

[Brilliantrocket]

You're paying him now.. not on potential market prices at a future date.

[camosoul]

Miners currently making losses will make funds back when coin value rises. If you don't like that then stop mining in the meantime. As miners, you join the party or go home. You do not make the rules.

This. They think they're not expendable. They think they're in a Union...

WAHHHHAAAAHAAAAAHAHAHAHA, MY MONEY HOSE!! GIVE IT BACK!!!

When an obviously good coin is in it's birthing phase, the only money is in hodl because it gets way too much hashpower... You can't mine and dump like you can the shitcoins. They whine because they are stupid and expect everyone else to take care of them by stagnating the very thing they put their value into, thus ruining it... Morons. Progress is what makes the hodl pay off. Sorry for the miners who were/are stpuid enough to sell their coins, but the project isn't being put on hold for your dumb asses...

[rickraw]

----------------------------------
repost
----------------------------------


 if anybody wants to pool together and create a MN, I'll Host.

I already have a quasi-business setup here locally with people that bring me money once a week/month that want to invest in Crypto but don't want to get involved technically.

- The Basic concept would be to purchase shares of the MN in 100DRK increments that I would pay out monthly to your wallet.
- Every (2) weeks you'd get a detailed report of DRK earned....... etc etc
- You can only cash-out if you have a replacement "buyer" or if I have enough DRK to pay/buy you out right.
- Fee's would only consist of actual cost plus 1% divided by 10 (each share of 100DRK MN you own)
- My portion to start will be 300DRK (or 30%) which leaves (7) 100DRK shares open to buy-in.
- All of this would have to happen manually - no auto-payments or bot's involved.

If your truly interested PM me.
It would be nice to have this set-up before the RC4 release.

GhostPlayer will be commissioned to fully implement the MN on a Server in Iceland, unless folks have a better idea/plan
 - GhostPlayer and I have had "some" discussion on setting up a MN already. -
He hasn't given me a DRK price yet

.......but each share, to start out would be, from what I can tell, 102DRK
So if you want (2) shares - you'd send me 204DRK and so on.
200DRK for your share and 4DRk for fee's
Anything left-over, minus 1% would be returned.

If more details/questions need to be discussed and/or resolved - just PM me
Also - you'll get my FULL identity and contact info once you have bought in.

If you do buy-in and we fail to achieve 1000DRK for the MN - you WILL get a FULL REFUND minus any transaction Fee(s)


Okay - now it's up to you - buy into a MN - or not.....


------------------------------------------------------------
------------------------------------------------------------
I believe in transparency - with that said....
Here is an update.......
-------------------------------------------------------------
So far (1) person as indicated that they would like to be part of this MN
I have sent them the following msg, removing their personal info and
showing the person here as investor #2
-------------------------------------------------------------

(10) shares @ 100DRK = (1)MN
------------------------------------
(3) shares = Mangled Blue = 300DRK
(?) shares = investor #2 = ???DRK
(?) shares = investor YOU = ???DRK

I've created a DRK wallet and address just for the MN so that everybody can see it.

XydmRzDr35FYJcbrDA6qMpw2HX8rUUZPXg

BlockChain: http://explorer.darkcoin.qa/address/XydmRzDr35FYJcbrDA6qMpw2HX8rUUZPXg


I have sent 306DRK to this Wallet

Please remember to send +2DRK for every 100DRK to help cover fee's
102DRK
204DRK
306DRK
etc
etc

That will give us 1020DRK

1000DRK for MN
and
20DRK to cover fee's
(I would think that would be enough to cover any fee's for now)

As stated, GhostPlayer will construct the MN for us.
I'm thinking of putting the MN in Iceland and away from the States.
I'm pretty sure that they accept DRK for Server time.

http://www.flokinet.is/


If we don't get all (10) shares sold in a reasonable amount of time, I'll refund you.
Or, if you change your mind, I'll of course refund you.

Let me know.......

And PLEASE ask questions if you have any.
I would like to avoid any confusion and/or concern(s).



------------------------------------------------------------------------
If anybody wants in on this MN please PM me.
Once we reach 1000DRK, nobody else will be able to join,
...... unless somebody sells you their stake in the MN.
-------------------------------------------------------------------------

Thank you for your time.....
Mangled Blue

I am interested but have a question regarding to locked in period? I don't want to tie up my DRK indefinitely - is there some agreed upon time we can set where I can choose to get our or renew (without having to find someone to fill my spot)?

In certainly interested for a mid term investment.

[slapper]

+1  Well put.  Unfortunately I've had to put Tok on ignore as well, he keeps quoting the Trolls so it makes me wonder if he's here doing "The Long Troll" as well...

Good job. Seems like smartness is taking over this thread after a long time. Identify your enemies first. Friends will come on their own. This is crypto competition. The libertarian fad is FUD. Win, otherwise you will lose.

[camosoul]

The libertarian fad is FUD. Win, otherwise you will lose.

Sounds pretty Libertarian to me...

Gravity is a terrible idea. We should use Gravity instead...

See how that sounds?

:-p

[thunderdrum]

a lot of troll activity today, i actually have a pic of them in my head i wanna share with you :

+1
 

[slapper]

The libertarian fad is FUD. Win, otherwise you will lose.

Sounds pretty Libertarian to me...

Gravity is a terrible idea. We should use Gravity instead...

See how that sounds?

:-p

Not going to rile you up my friend. Just wanted to watch over this coin because of pissant mops from other communities trying to defame Evan D. It was my only reason to buy Darkcoins. I vowed to not post in this thread until it was closed and a self moderated thread opened because of external factors and internal factors destroying this coin. Just took solace in Ignition's post, so I thought I'd post.

Withdrawl symptom ....

[crackfoo]

Earn your own DRK coins by mining at the multipool. Not only that, you can earn DRK using your old ASIC hardware on SHA256 and SCRYPT coins!

DarkCoin by xpool - DRK Multipool

 

http://www.xpool.ca

PROP reward system

DRK Payouts

Scrypt & SHA256 & X11 Algo's

DDoS Protected

High Performance Backend

Simple setup and usage

0% Fees while in BETA

To mine:

http://www.xpool.ca/get_started

How does it work?

xpool offers 3 different sets of coins to mine. SHA256, Scrypt and X11. Each algorithm runs on a shift. Currently there is no set interval as there needs to be enough found and confirmed blocks to make trading worthwhile on the exchanges. We don't want to finish a shift only to find out, the exchanges are going to eat up the payout in fees or limit the withdraw with a large minimum. The confirmed coins are traded throughout the duration of the shift automatically to maximize the profits from exchanging them into DRK. Once enough confirmed blocked are accumulated, the shift is moved into "Trading" status while all the exchanged coins are calculated into DRK and then queued for payment. Once all the coins are confirmed as successfully traded and exchanged, the DRK payments are sent.

As the pool picks up more hashing speed and sufficient DRK can be picked up from the exchanges, the shifts will be set to a schedule and payouts more frequent and less worry about the exchanges. This is a growing phase so the more hash support the better.
If a DRK block is found, there's no exchanging or loss of fees as it can simply be moved into the X11 payout queue.

The advantage of the pool is that you can utilize your older ASIC equipment to earn you the more desired DarkCoin.

Cheers and Happy Hashing!

Donations welcome!

!

30.4431 DRK just sent out to X11 miners for the recent shift.

Thanks and enjoy!

crackfoo do you have any stats for DRK/TH on sha256?

I appreciate it will vary, just looking for ball park figures as I can acquire 1TH/s for £400 or ~100DRK currently.

Just whats listed on the profits page for now. more stats are being worked on.

[camosoul]

The libertarian fad is FUD. Win, otherwise you will lose.

Sounds pretty Libertarian to me...

Gravity is a terrible idea. We should use Gravity instead...

See how that sounds?

:-p

Not going to rile you up my friend. Just wanted to watch over this coin because of pissant mops from other communities trying to defame Evan D. It was my only reason to buy Darkcoins. I vowed to not post in this thread until it was closed and a self moderated thread opened because of external factors and internal factors destroying this coin. Just took solace in Ignition's post, so I thought I'd post.

Withdrawl symptom ....

I know you've been playing for several pages. Why I chose the playful route. "This community" is a pompous joke. They have no say in it. I may as well start posting on The Democratic Undergound can call my self Obama's Community...

They are far less important to the development of the coin than they imagine themselves to be. I just play the role to antagonize the worst of them. I have no delusions of what I am. More of that mirroring... If I'm so terrible that they should block me, uh, yeah... They should STFU themselves...

They are not special. They are not unique snowflakes. They are the all singing, all dancing crap of the world... They really should stop asking questions, it's the first rule of Project Mayhem. Much less giving advice...

[SoapMaker]

miner & masternode operator here.

Trolls are clueless.
They think attacking the market leader will increase the value of whatever shitcoin they hold in desperation.
It's a small minority but a very disruptive minority.
there are parasites among us,
keep up the great work dev team & drk supporters
dont feed the parasites, better to let them starve if possible

[camosoul]

Posting of messages without new animated fitness babes and/or bewbs is prohibited...

You don't work for free. I don't pay for nothing...

;-)

[thunderdrum]

If been thinking about this one.....

Masternode = Proof of Stake mixing node only for the wealthy requires 1000DRK and imposes 20% tax on Miners
Miners = Doing the actual work to secure the network.

The mixing nodes require far less resources, and are basically nothing more than a wallet with some additional code activated; this is giving far too much reward value to the early adopters and wealthy.  This is bad for the coin.

Mining is the democratic process that will determine the future of this coin; I'm not mining on a pool that pays masternodes. Enforcement will cause a hard fork with the miners abandoning the enforcing branch.

Fix the masternode so everyone holding the coins participates, regardless of wallet balance and make it truly peer to peer proof of stake/proof of work hybrid. Make everyone a Masternode, not just the wealthy/early adopters.

no, who are you to come here and decide what a masternode should do?. i am a miner , i am happy with mn because they help the price of the drk i mine. if you dont want to mine on a mn pool, then dont why are you telling us, its your hardware, your elec, mine what you want, drk network wont miss you.
There is a reason why you need 1k drk if people had 20 drk as a masternode what the hell will be mixed??
if you want your idea , why dont you make your own coin. In fact why dont you go to every alt-coin out there and make suggestions to the devs, tell coblee to fork ltc to prevent asic rape.

Good Post~

[Ignition75]

Miners currently making losses will make funds back when coin value rises. If you don't like that then stop mining in the meantime. As miners, you join the party or go home. You do not make the rules.

Lot's of miners I've spoken to are putting their rigs up for sale... Because "profits" are not there anymore, or so they say...

I've wished them well and gave them some guidance on what they should sell their hardware for on eBay and the like.  But in secret, I've been smiling to myself, more weak hands leaving the game... Good news for us that can see past their own nose...

Right now there's too many cooks in the kitchen and not enough people eating the cabbage...

I learnt the hard way that instamining is a fools game.  You get conned by a shitcoin then take even bigger risks making even more stupid decisions trying to recoup your losses.  Then you think "I know, I'll ride the pumps and make back all I lost..."

You start to feel like a degenerate gambler who can't pull himself away from the tables...

I'm one of the very very lucky ones, I went "all in" on the NAUT mini pump and got myself back to a break even point, I haven't traded since...

Best decision I ever made.  There is a very small handful of decent coins apart from BTC, and DRK is one of them.  The best advice I can give any newcomer... Mine and hold... Keep away from exchange chat boxes and ignore all pump teams...

[crackfoo]

Earn your own DRK coins by mining at the multipool. Not only that, you can earn DRK using your old ASIC hardware on SHA256 and SCRYPT coins!

DarkCoin by xpool - DRK Multipool

 

http://www.xpool.ca

PROP reward system

DRK Payouts

Scrypt & SHA256 & X11 Algo's

DDoS Protected

High Performance Backend

Simple setup and usage

0% Fees while in BETA

To mine:

http://www.xpool.ca/get_started

How does it work?

xpool offers 3 different sets of coins to mine. SHA256, Scrypt and X11. Each algorithm runs on a shift. Currently there is no set interval as there needs to be enough found and confirmed blocks to make trading worthwhile on the exchanges. We don't want to finish a shift only to find out, the exchanges are going to eat up the payout in fees or limit the withdraw with a large minimum. The confirmed coins are traded throughout the duration of the shift automatically to maximize the profits from exchanging them into DRK. Once enough confirmed blocked are accumulated, the shift is moved into "Trading" status while all the exchanged coins are calculated into DRK and then queued for payment. Once all the coins are confirmed as successfully traded and exchanged, the DRK payments are sent.

As the pool picks up more hashing speed and sufficient DRK can be picked up from the exchanges, the shifts will be set to a schedule and payouts more frequent and less worry about the exchanges. This is a growing phase so the more hash support the better.
If a DRK block is found, there's no exchanging or loss of fees as it can simply be moved into the X11 payout queue.

The advantage of the pool is that you can utilize your older ASIC equipment to earn you the more desired DarkCoin.

Cheers and Happy Hashing!

Donations welcome!

!

10.3026 DRK just sent out to SHA256 miners for their recent shift.

[blajde]

You're paying him now.. not on potential market prices at a future date.

That was just icing.. fees are still excessive