[ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open

[spartak_t]

The coin has been added to CoinMarketCap!

[Dyna]

Judging any coin by the value quoted especially from an exchange is driving a car while looking back, dnote is to young for the noise the market price will increase while there are focus miners and undying community. Examples of coins like that is quark (less than 100 satoshi) coin greatly under valued but surprise us all, dogecoin (less than 30 satoshi) was a twin brother to lot coin in value but today everybody want it; to mention but a few.
Please allow the dev to stay focus and head straight however positive contributions are welcomed

Very good observations.  At this stage DNotes is worth what the next buyer is willing to pay, very much based supply and demand, and to some extend their knowledge of the DNotes team and the community behind it. Frankly at this point, with very generous giveaways, bounties, limited time large mining rewards, DNotes are relatively easy to come by. In less than two weeks the extra mining reward will end, dropping from 1000 DNotes per block to 250 DNotes per block. More likely than not, a lot more people would have heard of DNotes, and perhaps with many more stake holders at that time. Now that it has been added to CoinMarketCap, DNotes should be gaining more visibility. We now have a new yardstick and a goal post to measure up with. For the records, DNotes is starting at position 135 among a class of 153 on March 8, 2014, 11:00 am (CT).   

[MiningHabit]

I agree, although my son is 19 mow I am doing cryptos, writing for cryptos, promoting, collecting from faucets all day because I am at home and can't get a job at my age outside so earning DNOTES and doing tasks at home is right up my alley and would help a lot of other Moms or women who are not lucky enough to get a so called 'normal job'. This is empowering for many of us. I also have noticed that most of the peeps involved are men in cryptos hence I nicknamed myself crypto momma because  most are my kids' age lol. Also maybe we could make a huge social site where peeps can buy advertising in DNOTES as in house currency.

Awesome post. This is the exactly the kind of differentiation a coin like this needs.

Because the lack of woman in cryptos is part of a broader symptom of a lack of woman in tech in general. If someone like qiwoman were to be able to provide supplemental support for herself through cryptos, generally, and NOTE specifically....that is an awesome story that will resonate and mushroom outwards.

[Tofer]

DNotes are relatively easy to come by. In less than two weeks the extra mining reward will end, dropping from 1000 DNotes per block to 250 DNotes per block.

 
Well, my measly hashes will be here and it seems there is a reasonable amount of hash here despite the drop in "value."  I'm not very worried about the price right now, traders will do what they do.  My focus is not really raising the price of DNotes at this time, it's more building the structure for that price to sit upon.

[DNotes]

 
Well, my measly hashes will be here and it seems there is a reasonable amount of hash here despite the drop in "value."  I'm not very worried about the price right now, traders will do what they do.  My focus is not really raising the price of DNotes at this time, it's more building the structure for that price to sit upon.

Well said Tofer!

[DNotes]

I agree, although my son is 19 mow I am doing cryptos, writing for cryptos, promoting, collecting from faucets all day because I am at home and can't get a job at my age outside so earning DNOTES and doing tasks at home is right up my alley and would help a lot of other Moms or women who are not lucky enough to get a so called 'normal job'. This is empowering for many of us. I also have noticed that most of the peeps involved are men in cryptos hence I nicknamed myself crypto momma because  most are my kids' age lol. Also maybe we could make a huge social site where peeps can buy advertising in DNOTES as in house currency.

Awesome post. This is the exactly the kind of differentiation a coin like this needs.

Because the lack of woman in cryptos is part of a broader symptom of a lack of woman in tech in general. If someone like qiwoman were to be able to provide supplemental support for herself through cryptos, generally, and NOTE specifically....that is an awesome story that will resonate and mushroom outwards.

The potential here is limitless. Great job guys! Keep the conversation going.

[Dyna]

DNotes are relatively easy to come by. In less than two weeks the extra mining reward will end, dropping from 1000 DNotes per block to 250 DNotes per block.

 
Well, my measly hashes will be here and it seems there is a reasonable amount of hash here despite the drop in "value."  I'm not very worried about the price right now, traders will do what they do.  My focus is not really raising the price of DNotes at this time, it's more building the structure for that price to sit upon.

Tofer, in case your wife didn’t tell you yet, you are a very wise man and will be very successful one day. It is quite apparent that there are at least two wealth creation philosophies in the crypto currency world today. One is pump, dump and run. The other is to earn it the honest old fashion way, and that seems to be what you, the DNotes team, and many of their supporters are proclaiming. I have been following your posts closely, and have been impressed time and again. Trust has to be earned over time through many good deeds and the fulfillment of promises. Once a sufficiently are large number of people are convinced that there is indeed a “DNotes Difference”  DNotes will become the trustworthy digital currency of choice with lasting value. Do the right thing and build a solid foundation. Over time serious investors will reward you with the fair value and may be much more.

[BlackFor3st]

Very much action here, that's great.
If a translation for tutorials or something else into german is needed, i can do that.

[Tofer]

I think PEACEOFWAR made a good point in the difficulty of getting started mining.

It would be a good idea if we had a resource for people getting started with mining. It is rather confusing to someone new. A good project would be some type of tutorial, that anyone could follow to getting started with mining.

1-Identify your hardware
2-Determine if it is worth your time to mine at all
3-Determine if you would use CPU/GPU 
4-Which mining application to use for your hardware
5-Solo mine vs pool mining
6-Choosing and mining at a mining pool

I'm sure there are a lot of resources already available on this topic, however I suspect it is fragmented information that requires a lot of research.

Until we get something more solid, here's some answers for peoples reference.  #6 and part of 4 and 5 are opinion. This will be for windows although that only matters for #1 and I think 4.

1- In your control panel click the hardware link.  Then open the device manager.  In the device manager find the display adapters tab. Expanding the tab will reveal the GPU(hardware) your system has installed.

2- Since the value of mined coins is always fluctuating it's almost pointless to do any precise math.  It's better to do averages as even with a mining calculator you can easily get variances.  A quick and simple way would be to use a hardware comparison chart if you don't know the hash rate your card is capable of,  https://litecoin.info/Mining_hardware_comparison  If you don't find yours on the list and you know that your card is years old it is most likely not worth it. If you don't find your specific card on the list you can use the rate from the one with your same model number. For example 7950s whether Sapphire or MSI will have similar hash rates.  When you know your potential hash rate find a pool with the ability to see the stats of the top 15 miners(you shouldn't have to sign up) look for a simple number and multiply or divide to get your estimate.  For example lets say I have 500Kh, I find the hash rate that's closest to a multiple of mine(so I don't need a calculator) which is lets say 1.5Mh or 1500Kh.  That miner is estimated to receive 150 coins per day which means I'll get 50. BUT remember these are all estimates due to the fluctuating difficulty. It is always best to cut that number sometimes in half especially if the coin is new(1-2 weeks) which could be off by as much as 95%. Then it's just a simple matter of conversion.  Once again due to cryptos nature it is very hard to tell whether it is worth it, profit is profit so it all depends on how much money and time you are willing to risk for an uncertain reward.  You could only make pennies per Mh but if you had 10s of thousands it may be worth it, it's all up to the individual.  Remember you may be profitable but you are also wearing down parts that may breakdown and someday need to be replaced.

3- Typically if a coin can be mined with a GPU it is not worth the power that a CPU requires to mine with one. However a newer more efficient higher end CPU could be worth it. It all depends on the individual.  Also the hardware that scrypt coins are typically designed for is GPU.

4- The most common miners are CGminer for AMD cards, Cudaminer for Nvidia cards, and CPUminer for CPUs.  I'm sorry I don't have the links. The best version for CGminer is 3.7.2 later ones won't work for scrypt, and I'm fairly sure the latest versions of Cuda and CPU are fine also.

5- Solo mining is only good for people with massive/high end rigs, or when a coin has low difficulty (< 1 about).  Pool mining is good for anybody really and will net the same results as solo mining if you're a big rig.

6- When choosing a pool it is really up to you aside from a few things. First is the pool new, or well established?(established pools will almost always do you good but new pools aren't always bad just use good judgement and caution with them)  Is there support?(if there's a problem with your pool account it's always good to know someone will actually help you)  Is there anyone else mining there?(It may not be true that in the long run you'll mine the same amount, I have spent 3 hours on a pool with 5% or less of the net hashrate and found nothing. But on a pool with 30-40% net hash rate found twice as many as I could possibly have found.) What is the fee?(The lowest the best, I think you should donate if you support the service, not be forced.  BUT I don't hold it against them because we don't live in sunshine land where everyone would actually donate.) Other than that its your personal preference. Also remember that the best way to pool mine that works best for the coin and everyone associated with it is to keep the hash power spread out. Pools with too high a hashrate can be bad. Sometimes you have to bite the bullet and lead by example and try to get others to take notice when you see a pool or the pool you're on with close to or more than 50% net hashrate.  In this case find the next two pools with the next highest hash and move to one of them while trying to get others to do the same.

Hope this helps people.

[Tofer]

Tofer, in case your wife didn’t tell you yet, you are a very wise man and will be very successful one day. It is quite apparent that there are at least two wealth creation philosophies in the crypto currency world today. One is pump, dump and run. The other is to earn it the honest old fashion way, and that seems to be what you, the DNotes team, and many of their supporters are proclaiming. I have been following your posts closely, and have been impressed time and again. Trust has to be earned over time through many good deeds and the fulfillment of promises. Once a sufficiently are large number of people are convinced that there is indeed a “DNotes Difference”  DNotes will become the trustworthy digital currency of choice with lasting value. Do the right thing and build a solid foundation. Over time serious investors will reward you with the fair value and may be much more.

Lol , I love my wife who loves me and wants to make a family, so I'm already successful.  Everything else is just suga!   

[DNotes]

Hope this helps people.

It will certainly lead people in the right direction. I will link this from the original post.

[DNotes]

Very much action here, that's great.
If a translation for tutorials or something else into german is needed, i can do that.

Thank you BlackFor3st. I'm sure the translations will come in handy.

Tofer please add to your talent list on the next round of updates.

[Dyna]

Tofer, in case your wife didn’t tell you yet, you are a very wise man and will be very successful one day. It is quite apparent that there are at least two wealth creation philosophies in the crypto currency world today. One is pump, dump and run. The other is to earn it the honest old fashion way, and that seems to be what you, the DNotes team, and many of their supporters are proclaiming. I have been following your posts closely, and have been impressed time and again. Trust has to be earned over time through many good deeds and the fulfillment of promises. Once a sufficiently are large number of people are convinced that there is indeed a “DNotes Difference”  DNotes will become the trustworthy digital currency of choice with lasting value. Do the right thing and build a solid foundation. Over time serious investors will reward you with the fair value and may be much more.

Lol , I love my wife who loves me and wants to make a family, so I'm already successful.  Everything else is just suga!   

Excellent. Keep up with that great attitude and you will go very far, and even help others to achieve much success and happiness just by being associated with your efforts to do good.

[coin@coin]

Very much action here, that's great.
If a translation for tutorials or something else into german is needed, i can do that.

Thank you BlackFor3st. I'm sure the translations will come in handy.

Tofer please add to your talent list on the next round of updates.

I can do Italian! But you know that already. 

[PEACEOFWAR]

Do we have a known total mined thus far? Quick idea can we plan for some sort of celebration once that stage is reached where the coins go down to 250?  Any way to try to improve or keep it appetizing for new comers as these stages are reached?  Thanks everyone and may dnotes be successful.

[zph42]

Well, let's see. On block 26,444 as of this exact moment.

Blocks 1 - 249 = 250 NOTE * 249 = 62,250 NOTE
Blocks 250 - 26444 = 1000 NOTE * 26,194 = 26,194,000 NOTE

Total = 26,256,250 NOTE

I think that's the right math


Not as an advertisement (I'll post that later ), but as to #6 Mining Pools, at least with CGMiner you can configure multiple pools and use Balance, Load Balance or Round Robin pool management setting to mine at all of them. This way,
  a) don't keep all your eggs in one basket, and/or
  b) get an idea of which pool works best for you

And the default Pool Management for CGMiner is "Failover", so with that setting and multiple pools setup, you can continue mining if you're preferred pool goes down due to problems, maintenance, upgrades, whatever. (I'm not sure if it automatically switches back when it sees the original pool is connectable again, or needs to be restarted to start back at the top of the list of pools)

[DNotes]

Not as an advertisement (I'll post that later ), but as to #6 Mining Pools, at least with CGMiner you can configure multiple pools and use Balance, Load Balance or Round Robin pool management setting to mine at all of them. This way,
  a) don't keep all your eggs in one basket, and/or
  b) get an idea of which pool works best for you

And the default Pool Management for CGMiner is "Failover", so with that setting and multiple pools setup, you can continue mining if you're preferred pool goes down due to problems, maintenance, upgrades, whatever. (I'm not sure if it automatically switches back when it sees the original pool is connectable again, or needs to be restarted to start back at the top of the list of pools)

Good point, that is definitely an important feature.

[Dyna]

Do we have a known total mined thus far? Quick idea can we plan for some sort of celebration once that stage is reached where the coins go down to 250?  Any way to try to improve or keep it appetizing for new comers as these stages are reached?  Thanks everyone and may dnotes be successful.

My quick calculation is as of  8:00 pm (CST) 3-8-14, inclusive of block reward, 26,278,251 DNotes have been mined. The Dev, or one of our miners needs confirm this.  

It may not be such a good idea pick a number to celebrate on as it can change drastically, either higher or lower, in a very short period of time. At this early stage, without a market maker,  DNotes, like any of its peer, is making the market. Short of any known attempts to pump and dump, so typical in the altcoin currency world, DNotes’ true value may remained undiscovered for sometime, not necessary a bad thing for long term stake holders.

  A good trend to watch for over the next few months is if DNotes consistently show a higher high and a higher low. In other words, it means it keep reaching a new high record but seldom drops below the last low. Should DNotes achieve such a trend line over an extended period of time it will become very promising that we may finally have a digital currency sufficiently stable to be widely accepted as a reliable and trustworthy currency  for general commerce worldwide. That would be a great achievement to celebrate.

[DNotes]

26,347,500 mined at this moment. Roughly 6,715 bonus blocks to go.

[PEACEOFWAR]

26,347,500 mined at this moment. Roughly 6,715 bonus blocks to go.

That is pretty awesome.

can we tell how spread out that is by chance? like is it only held by 10,000 people, or 50,000
Obviously the larger the number the better.
And do we have any easy way to tell new adopters to the currency over time?