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

[cryptonit]

but 50% interest rate will not last all that years....

50% up to 1500000 total coins (then its 25%)
so the 50% POS is way longer active than the 1.05 POW reward
(which will be reduced at 1000000 total coins by 90%)

Well, like I said, it's going to fluctuate, but based on coin 0 being jul 2012 expect about 2.5 years to the 1.5 milth coin before the 25%. Still a good investment IMHO.

New future outlook based on new info.

Year 1 - 1170 DMD a month * 12 = 14040 DMD (50% interest on all mature coins +7020DMD) = 21060DMD
Year 2 - 21060 DMD + 14040 = 35100 DMD (50% interest on all mature coins + 14040) = 49140 DMD
Year 3 - 49140 DMD + 14040 =  63180 DMD (25% interest on all mature coins + 14040) = 77220 DMD
Year 4 - 77220 DMD + 14040 =  91260 DMD ( 25% interest on all mature coins + 21060) = 112320 DMD
Year 5 - 112320 DMD + 14040 = 126360 DMD (25% interest on all mature coins + 29835) =  142155 DMD

142155 DMD =25,587.90 at todays going rate. Keep in mind this is with my modest 2.4 ths aggregate power converted with fees on nicehash. Still a profitable venture and I stick to my original statement that you'll be hard pressed to find a better investment anywhere for such a short term. The us stock market avg is around 9%. The best savings accounts sit around .06%

basical u get the idea good
just mining is the second best option
only good if u already have power efficient gear

best way is investment in DMD Cloudmining

remember a page ago a guy with 2x AMD270 asked about mining i had to tell him u cant expect more than 1 DMD a day

now what u can expect with cloudmining?
at a very conservative expectation  1-2 dmd each 100$ investment per day (at actual dmd prices)
now how many amd270 or gtx750ti + mainboard PSU CPU RAM are u able to buy for 100$ ?

DMD CLoudmining beat for sure any kind of GPU mining
DMD Multipool can be equal or even a bit better performing if u have state of the art ASIC gear
but that gear isnt for free too and u need power

i stick with my recomendation
buy 50% DMD direct on market
and invest other 50% into DMD Cloudmining

[cryptonit]

https://www.minep.it/pool/dmd/  - 0 users

broken since ages
they never updated to lated mandatory wallet

[pallas]

I'd run a pool myself, if it wasn't for all the ddos attacks.

[metalx]

but 50% interest rate will not last all that years....

50% up to 1500000 total coins (then its 25%)
so the 50% POS is way longer active than the 1.05 POW reward
(which will be reduced at 1000000 total coins by 90%)

Well, like I said, it's going to fluctuate, but based on coin 0 being jul 2012 expect about 2.5 years to the 1.5 milth coin before the 25%. Still a good investment IMHO.

New future outlook based on new info.

Year 1 - 1170 DMD a month * 12 = 14040 DMD (50% interest on all mature coins +7020DMD) = 21060DMD
Year 2 - 21060 DMD + 14040 = 35100 DMD (50% interest on all mature coins + 14040) = 49140 DMD
Year 3 - 49140 DMD + 14040 =  63180 DMD (25% interest on all mature coins + 14040) = 77220 DMD
Year 4 - 77220 DMD + 14040 =  91260 DMD ( 25% interest on all mature coins + 21060) = 112320 DMD
Year 5 - 112320 DMD + 14040 = 126360 DMD (25% interest on all mature coins + 29835) =  142155 DMD

142155 DMD =25,587.90 at todays going rate. Keep in mind this is with my modest 2.4 ths aggregate power converted with fees on nicehash. Still a profitable venture and I stick to my original statement that you'll be hard pressed to find a better investment anywhere for such a short term. The us stock market avg is around 9%. The best savings accounts sit around .06%

basical u get the idea good
just mining is the second best option
only good if u already have power efficient gear

best way is investment in DMD Cloudmining

remember a page ago a guy with 2x AMD270 asked about mining i had to tell him u cant expect more than 1 DMD a day

now what u can expect with cloudmining?
at a very conservative expectation  1-2 dmd each 100$ investment per day (at actual dmd prices)
now how many amd270 or gtx750ti + mainboard PSU CPU RAM are u able to buy for 100$ ?

DMD CLoudmining beat for sure any kind of GPU mining
DMD Multipool can be equal or even a bit better performing if u have state of the art ASIC gear
but that gear isnt for free too and u need power

i stick with my recomendation
buy 50% DMD direct on market
and invest other 50% into DMD Cloudmining

I agree. Not everyone has the capability to homebrew solar. Unless you are totally offgrid profits are almost nil unless cloud mining. Although, Antminers do make good heaters that pay for themselves. Free heat in winter???

[pallas]

New future outlook based on new info.

Year 1 - 1170 DMD a month * 12 = 14040 DMD (50% interest on all mature coins +7020DMD) = 21060DMD
Year 2 - 21060 DMD + 14040 = 35100 DMD (50% interest on all mature coins + 14040) = 49140 DMD
Year 3 - 49140 DMD + 14040 =  63180 DMD (25% interest on all mature coins + 14040) = 77220 DMD
Year 4 - 77220 DMD + 14040 =  91260 DMD ( 25% interest on all mature coins + 21060) = 112320 DMD
Year 5 - 112320 DMD + 14040 = 126360 DMD (25% interest on all mature coins + 29835) =  142155 DMD

142155 DMD =25,587.90 at todays going rate. Keep in mind this is with my modest 2.4 ths aggregate power converted with fees on nicehash. Still a profitable venture and I stick to my original statement that you'll be hard pressed to find a better investment anywhere for such a short term. The us stock market avg is around 9%. The best savings accounts sit around .06%

In my country that solar setup would be crazy: I would get much more money by attaching it to the power network.

[popshot]

I'd run a pool myself, if it wasn't for all the ddos attacks.

Have you considered Cloud Flare free service ?

[pallas]

I'd run a pool myself, if it wasn't for all the ddos attacks.

Have you considered Cloud Flare free service ?

no, I just saw how most pools have troubles so I stopped considering making one ;-)

[mitchellmint]

but 50% interest rate will not last all that years....

50% up to 1500000 total coins (then its 25%)
so the 50% POS is way longer active than the 1.05 POW reward
(which will be reduced at 1000000 total coins by 90%)

Well, like I said, it's going to fluctuate, but based on coin 0 being jul 2012 expect about 2.5 years to the 1.5 milth coin before the 25%. Still a good investment IMHO.

New future outlook based on new info.

Year 1 - 1170 DMD a month * 12 = 14040 DMD (50% interest on all mature coins +7020DMD) = 21060DMD
Year 2 - 21060 DMD + 14040 = 35100 DMD (50% interest on all mature coins + 14040) = 49140 DMD
Year 3 - 49140 DMD + 14040 =  63180 DMD (25% interest on all mature coins + 14040) = 77220 DMD
Year 4 - 77220 DMD + 14040 =  91260 DMD ( 25% interest on all mature coins + 21060) = 112320 DMD
Year 5 - 112320 DMD + 14040 = 126360 DMD (25% interest on all mature coins + 29835) =  142155 DMD

142155 DMD =25,587.90 at todays going rate. Keep in mind this is with my modest 2.4 ths aggregate power converted with fees on nicehash. Still a profitable venture and I stick to my original statement that you'll be hard pressed to find a better investment anywhere for such a short term. The us stock market avg is around 9%. The best savings accounts sit around .06%

basical u get the idea good
just mining is the second best option
only good if u already have power efficient gear

best way is investment in DMD Cloudmining

remember a page ago a guy with 2x AMD270 asked about mining i had to tell him u cant expect more than 1 DMD a day

now what u can expect with cloudmining?
at a very conservative expectation  1-2 dmd each 100$ investment per day (at actual dmd prices)
now how many amd270 or gtx750ti + mainboard PSU CPU RAM are u able to buy for 100$ ?

DMD CLoudmining beat for sure any kind of GPU mining
DMD Multipool can be equal or even a bit better performing if u have state of the art ASIC gear
but that gear isnt for free too and u need power

i stick with my recomendation
buy 50% DMD direct on market
and invest other 50% into DMD Cloudmining

I agree. Not everyone has the capability to homebrew solar. Unless you are totally offgrid profits are almost nil unless cloud mining. Although, Antminers do make good heaters that pay for themselves. Free heat in winter???

I have solar and use Gridseed to convert to heat.  Now DMD too.

[Vagnavs]

I mined the danbi pool for about 5 weeks, but I'm done with the constant problems, and finally the non-payment of approx. 40-45 coins.
A small amount, but a constant headache keeping up with the pool being down. Does not reflect well on DMD.

Constant problems are to be expected with any coin.

What doesn't reflect well on DMD is the cheesy 'BONUSBONUSBONUS ACT NOW NOW NOW' cloud marketing.

It's the dime store version of Paycoin and GAW.


Let's list the known use cases for DMD:

1) buying DMD cloud mining, to earn more DMD
2)



I think ^this^ is why only one pool is (kind of) bothering to support Diamond.

Ok,  we know your opinion on DMD. On this thread and your other "unofficial" thread. Let people make up their mind on the coin. The coin you have commonly referred to was pre mined where DMD was not. Anyhow enough said.
Best regards,
Brian

[cryptonit]

NO Electricity Bills                                
  NO Maintenance                                    
    NO Heat                                                
      NO Noise                                              
        NO Timesink                                        
          NO Complicated technology                
            NO Quickly decreasing mining rewards

Join DMD Cloudmining
     -> EARN DMD EACH DAY!
                    
                   YES!

Visit us:  cloudmining.bit.diamonds
for terms & conditions Email us: cloud@bit.diamonds
      


What's the best way join into DMD Diamond and DMD Cloudmining?

I suggest split it as follows:

 a) 50% on buying Diamonds directly
 b) 50% in Diamond Cloud Mining.

 This way I could achieve both maximizing the profit and stabilizing the coin.
 Diamond Cloud Mining can earn Diamonds every day, those Diamonds stake with 50% PoS interest.
 Some would call that Double PoS or simply PoS² (Proof of Shares and Proof of Stake).

I am not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker or Financial Planner. The Information is provided for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using this information to make an investment decision, you should seek the advice of a qualified and registered securities professional and undertake your own due diligence. None of the information is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. DMD Diamond is not a regulated investment vehicle. DMD Diamond, like all crypto currencies, is experimental in nature and should be considered and treated with appropriate caution. There is no central point of control or representative entity, DMD Diamond is a distributed decentralized peer-to-peer currency and commodity. Consult a licensed professional financial advisor before making any investment decisions. I am not responsible for any investment decision made by you. You are responsible for your own investment research and investment decisions.

[cryptonit]

Visit us:  cloudmining.bit.diamonds
for terms & conditions Email us: cloud@bit.diamonds

[Ilrale]

Is they a probleme with miningfield POOL ?

[miningfield]

Hi comunity,

Miningfield EU Pool will be offline for an undetermined time, users balance will be withdraw later.


Given the Poll results, Miningfield Pools will be changed to the MPOS frontend like danbi's pool.


Pools will still have the weekly 0% fee day

I'm working on a lottery system for pool miners, this will give miners extra coins

[utahjohn]

@miningfield
I suggest also adding some neoscrypt coins such as FTC.
I am currently solo DMD (groestl) and solo FTC (neoscrypt).

[Ilrale]

So we need to use US pool ? it will work ?
or should we go temporarily on an other POOL ? 

[miningfield]

So we need to use US pool ? it will work ?
or should we go temporarily on an other POOL ? 

US pool is working normally, you can use it while EU is down

[Star65]

Thanx miningfield! I believe in you! 

[danbi]

I mined the danbi pool for about 5 weeks, but I'm done with the constant problems, and finally the non-payment of approx. 40-45 coins.
A small amount, but a constant headache keeping up with the pool being down. Does not reflect well on DMD.

I asked earlier for anyone who had not received their coins during the New Year glitch to contact me with the transaction ids they miss. I made sure to manually execute all missing (in the blockchain) transactions, but there is always a chance for some error.

There have been very few cases of the *pool* actually being down. What often goes down is the statistics, or the web front end being slow to respond. This has complicated reasons, but these are being worked on now. In any case, except for the few very rare glitches, mining is NOT affected.

[danbi]

there is absolute no reason why someone cant go solomining

over long time average earning will always beat pool mining because u have 0 fee 0 transaction cost for withdraw from pool

Not only because of the fees, but solo mining is always more profitable, IF you have the hash power to find blocks frequently enough AND the tools to monitor that hash power. Pool mining has significant overheads, pushpool much more than stratum, but these overheads exist. Using a pool also assumes you accept the possibility that it might malfunction and that *you* cannot fix it. If you want absolute control over your mining earnings, solo mining is the only answer.

[danbi]

I'd run a pool myself, if it wasn't for all the ddos attacks.

Have you considered Cloud Flare free service ?

no, I just saw how most pools have troubles so I stopped considering making one ;-)

No DDOS problems. Well, some script kiddies experiments now and then, but.. most problems are with severe software bugs.
If you can administer it in your spare time, then it's ok.