[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%

[miningfield]

Hello miningfield, thank you for polishing your pools around the world! My 290X is already crunshing numbers in EU, just like before
I am already considering a donation, if the pool remains stable for some time, I will do it for sure. Keep up the good work guys!

My card spits out around 24.x Mh/s, I hope that qualifies for using the 3388 port, I don't want to belong to the lamers on 3387

Hi Stillontop,

Thank you for your support, glad you like the new Pools =)

Yes, you should connect to port 3388 with that speed.


Btw, Would you like to have the Shoutbox on the new pools?


Thanks for mining with me 

s. http://www.miningfield.com
t. https://www.twitter.com/miningfield
f. https://www.facebook.com/miningfield
DMD Pool. http://eu.miningfield.com
               http://us.miningfield.com

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[stillontop]

I don't need the Shoutbox really much, I think more important for the pool would be a working download section, maybe even with preconfigured batch-profiles, as less tech savy people are not able to put these things togehter.

[big_coins]

please update the algo to make ASIC and FPGA devices unable to operate on DMD.

sooner the better please.

[pokeytex]

please update the algo to make ASIC and FPGA devices unable to operate on DMD.

sooner the better please.

I am not aware that ASIC's and FPGA's are using Groestl - Do you know something?

[cryptonit]

please update the algo to make ASIC and FPGA devices unable to operate on DMD.

sooner the better please.

discussion ON

we will read with interest what the community think about this topic

fact is the diff did nearly tripple

are there 3x more GPU miners than before?

we also see the x11 miners on http://multipool.bit.diamonds/ did increase a lot too
so some DMD friends with gpu miningpower left direct groestl mining and mine via multipool their DMD

could that be the path?
to ignore if a increasing part of DMD is landig in hands of (china based?) fpga miners
(i dont think asics are here already)

and use DMD Multipool and DMD Cloudmining at the "investor" path to mine DMD
(as additional way to earn DMD beside just buy them on exchange)

maybe even some fpga owner can tell us
where they get the gear  from
who programm it
how expensive it would be to buy pre programmed groestl mining FPGA

[pallas]

The question is: is there enough volume on groestl coins to warrant asic development?

[cryptonit]

The question is: is there enough volume on groestl coins to warrant asic development?

groestl is part of x11
if people develop x11 asics pure groestl mining as alternative ability will be a sideeffect most likely

[shveicar]

The question is: is there enough volume on groestl coins to warrant asic development?

Everything will depend on the capitalization of diamond and its value.
If capitalization reaches $ 1 million and above (for a long time) then Asic miners for the groestl algorithm will certainly appear.

[kiklo]

please update the algo to make ASIC and FPGA devices unable to operate on DMD.

sooner the better please.

discussion ON

maybe even some fpga owner can tell us
where they get the gear  from
who program it
how expensive it would be to buy pre programmed groestl mining FPGA

FYI:

Paths Diamond has to chose from (Once you start heading toward asics):

1st Path Make diamond into a multi algo coin including scrypt , which already has asics.
Groestl, Scrypt, & POS

2nd Path , POW only
it would probably make more sense to drop the POS and get yourself added to merged mining with Litecoin & Dogecoin in scrypt based asics.

or

3rd path Drop all POW and focus only on POS.

or

4th Leave everything the way it is.


IMO these are what choices can lead to from this discussion.
Good Luck

 

[thetomahawk]

All,

I am/was mining at 138 mh/s while all of this went down and it appeared to me that the issue was in 3 waves based on what I saw with the difficulty.  It was hovering around 130 yesterday and then plummeted to 19 or so.  I went to coinwarz to check their stats and the site validated what I was seeing.  At that point, it was a head-scratching moment but I thought that a pool went offline, such as what many are suggesting.  It stayed around 20 for about 20 minutes and then started to creep up again until it went to 100 again.  Then it went down again to 4.  It went back up to perhaps 40 or so and them went to 0, all the while I was mining.  I checked/refreshed coinwarz again and it validated the 0 difficulty again.  Last night I checked coinwarz and cryptsy again and it was showing 130 difficulty, even though I was seeing difficulty at 3.  My rig is still connected and mining, basically because if there was an issue and I ended up being the only miner on the network, I wanted the advantage.  And, even though I have not lost connectivity to the minter, I appear to be on the fork versus the correct chain.  Let me know what I can do to get any info to the group.  I used to be a follower/miner of the coin and lost interest for a while and decided to give it another try after finding I can have a high hash rate with the new algorithm. 
As of yesterday, when I checked the network hash rate of the "new" difficulty, it showed around 300 mh/s with me using 138 or so.  Perhaps another miner on the same chain? 
But why would I not have been on the "real" blockchain all along if I never stopped mining and continued to solve blocks?
Anyway, let me know what I can do to help shed light on the situation.
 

[big_coins]

just do something quick and dirty to make it impossible/too costly for asic or fpga to mine.

[kiklo]

just do something quick and dirty to make it impossible/too costly for asic or fpga to mine.

Going POS only is the only way to really do that.
But that also cuts out your GPU mining.

 


EDIT
Unless this new Algo by Feathercoin works.
http://www.feathercoin.com/neo-scrypt-press-release.pdf

[stillontop]

Well, if you read the official Grøstl Hash function website, one recognizes that the FH-Wiesbaden developed Grøstl FPGAs in 2009.
And if you continue reading, Mr. Stefan Tillich already developed an ASIC for that hash function not much later. The question is, if those technologies already have been sold, or rebuilt in some way.

My first assumption would be, that there exists only a small number of FPGAs and ASICs in educational environments and the difficulty fluctuations are some kind of "scare tactics" from somebody with huge GPU hashing power.

http://www.groestl.info/news.html

[cryptonit]

Well, if you read the official Grøstl Hash function website, one recognizes that the FH-Wiesbaden developed Grøstl FPGAs in 2009.
And if you continue reading, Mr. Stefan Tillich already developed an ASIC for that hash function not much later. The question is, if those technologies already have been sold, or rebuilt in some way.

My first assumption would be, that there exists only a small number of FPGAs and ASICs in educational environments and the difficulty fluctuations are some kind of "scare tactics" from somebody with huge GPU hashing power.

http://www.groestl.info/news.html

regarding fpga the hardware is existing
just the programming skill to make it do groestl is not public

regarding asics a university education sample have nothing to do
with industrial amount of groestl asic chips


remember any fpga can be programmed and become a groestl fpga
no asic can be converted into groestl asic the chip itself must be designed for it

[cryptonit]

do something quick and dirty

that for sure we dont.....
if we decide to act it wont be quick and dirty

stability and security are one of dmd main features

we not called dschango-coin
that would be a quick and dirty mindset
italo western 12:00 highnoon coin

[cryptonit]

https://btcjam.com/listings/27405-dmd-cloudmining---proof-of-concept

i think its a good way to promote towards investors
people who invest by fulfill loan request might be also interested to invest in DMD Cloudmining

so positive comments and references to my BTCjam account would be welcome

[hallared]

This is my thoughts regarding the FPGA and ASIC issue.

First the small miner (<100 Mhash) perspective. A "quick and dirty fix" is something I would have liked to be implemented a long time ago against the large GPU farms that have stepped into the Diamond arena. However, ”quick and dirty” seldom becomes a good option. There will always be somebody who is bigger than you, have more money than you, have more hashrate than you, and so on, and I have learned to accept that. For me as a small miner it doesn’t matter if FPGAs or ASICs enters the scene. The fun of mining this coin is already over.

Then we have the environmental perspective. Presumably a FPGA uses less electricity than conventional GPU cards, and is also programmable for different purposes. The ASIC is even more power effective but is only produced for its special purpose. Therefor these two alternatives could have a less burden on our environment than GPUs. For example, the power consumption of a 290 card is about 200 watt, and if you have a gpu farm with 60 cards doing 1500 Mhash total that is a power consumption of 8640 kWh each month. That is half of my entire house’s energy consumption in a year (heating included). From an environmental perspective the FPGA and/or ASIC could be a better alternative compared to GPU cards.

Finally the DMD Diamond perspective. ASICs can be rather expensive to buy, and GPU farms draw a lot of power (8640 kWh equals 1000$-1200$/month), with the FPGAs probably landing somewhere in between. Regardless of the three options people will have to sell off DMD to finance their investment and power cost. That could affect DMD price negatively, if not DMD buy demand and coin rollout plan can handle it.

ASICs, FPGAs, GPU farms or whatever, now is the time to invest in DMD Cloudmining to counter those effects.

[cryptonit]

ASICs, FPGAs, GPU farms or whatever, now is the time to invest in DMD Cloudmining to counter those effects.

QFT!


DMD Cloudmining http://multipool.bit.diamonds/

With Diamond Cloud Mining there is no need for any kind of mining equipment, just one-time investment which will be transformed into sharepower. Based on sharepower, 70% of Diamond Cloud Mining earnings are paid out in the form of DMD Diamonds, straight to your personal Diamond Wallet. Once a month, the saved 30% of total earnings will be used to increase hashrate of Diamond Cloud Mining and the $ value of that reinvestment will be split between share-holders as free reinvested shares.

More Questions? Email cloud@bit.diamonds

for the first 3 people who finish one of this tasks:

catch a whale!


whale size $10000 invested into DMD cloudmining
you (referrer) earn 200 DMD Cloudmining Bonus shares  and a 1000 DMD reward from my own personal pocket! (he earn 100 bonus shares)

whale size $5000$ invested into DMD cloudmining
you (referrer) earn 100 DMD Cloudmining Bonus shares and a 500 DMD from my own personal pocket! (he earn 50 bonus shares)

whale size $2000 invested into DMD cloudmining
you (referrer) earn 40 DMD Cloudmining Bonus shares and a 200 DMD from my own personal pocket! (he earn 20 bonus shares)


http://multipool.bit.diamonds/
email cloud@bit.diamonds for more infos about investing into DMD Cloudmining
-------------------------------------
limited bounty until i stop it:

additional i offer 20 DMD for any good promotion material u design for DMD Cloudmining
as guideline for the style u should use our 2 existing promotion pics

-------------------------------------
limited bounty until i stop it:

and last bounty i offer is 2 DMD for posting a link towards a DMD Cloudmining promotion u posted in a forum
forums outside of cryptocoin business are prefered! tell ur bodybuilder club or the local chess community in ur city or the tupperware fanclub
a promotion posting should be comparable to the stuff i bombard u with here on each page
but u can and should adapt wording fit to the audience in the forum u post it

[LTCMAXMYR]

seems a big gpu farmer wanna join DMD,but it is very hard to get a lot of diamonds,
FPGA,ASIC scared you?
as BTC,LTC,DRK, when the FPGA join in,the diff rise 5x or more,when the asic join in,the diff rise 50x,then you saw the market to the moon.
i kept mining DMD using 3GH ,solo mining,and monitor everyday,i have got thousands of diamonds,but never sell one.
when i join in,the diff is 90,few days later,it rise to 250+,and drop to 180,  150,it was 110~180, average is 140.
2 weeks ago ,when the price jump,i checked the max DMD net hashrate,it was 35GH,are you scared?

i saw 28GH on groestlcoin ,40GH on myr-groestl, 30000G on MAXcoin,100G on darkcoin,80G on heavycoin.

heavycoin,the hefty algo was proved by FPGA experts,it is true FPGA&ASIC resistant,but what happened to these coins?
HVC,MNR,MLS,have you see the true GPU coin?they were killed by large GPU farmer who pay low fee electricity.

multi algo is not good idea,MYR,SFR,DGB,are examples.

it is not good idea to change the rules frequency,it is more centralization

[cryptonit]

seems a big gpu farmer wanna join DMD,but it is very hard to get a lot of diamonds,
FPGA,ASIC scared you?
as BTC,LTC,DRK, when the FPGA join in,the diff rise 5x or more,when the asic join in,the diff rise 50x,then you saw the market to the moon.
i kept mining DMD using 3GH ,solo mining,and monitor everyday,i have got thousands of diamonds,but never sell one.
when i join in,the diff is 90,few days later,it rise to 250+,and drop to 180,  150,it was 110~180, average is 140.
2 weeks ago ,when the price jump,i checked the max DMD net hashrate,it was 35GH,are you scared?

i saw 28GH on groestlcoin ,40GH on myr-groestl, 30000G on MAXcoin,100G on darkcoin,80G on heavycoin.

heavycoin,the hefty algo was proved by FPGA experts,it is true FPGA&ASIC resistant,but what happened to these coins?
HVC,MNR,MLS,have you see the true GPU coin?they were killed by large GPU farmer who pay low fee electricity.

multi algo is not good idea,MYR,SFR,DGB,are examples.

it is not good idea to change the rules frequency,it is more centralization

u seem to have lot experience

but i have a hard time to understand ur vote

i read it correct and u say change nothing?