Topic: [ANN] Diamond DMD - new PoW/PoS coin | Super random blocks | Only 4.38 mil total - page 26. (Read 116368 times)

there's a first time for everthing. lol

  - Every day on average there are randomly:
  - 10 bonus blocks with 2 diamonds each
  - 3 super blocks with 8 diamonds each

your a very lucky guy!

Try this and post the results:

I wanna see what blocks you got  
You may have hit a random one

Anyway ... you did your first solo mining award yourself with good beer tonight

Sorry, I just checked and I've been running it a little over 30 hours. I"ve got a quad core Athlon 2 645 3.1ghz. Trust me, no one was more surprised than I was.

Yes you did

setgenerate true -1  =  please mine coins and use any available processor cores

and 9 diamonds in 12 hours on processor seem almost unrealistic, either you are super lucky guy, or you have 5+ processors Intel Core i7 3960X running

My calculations:
1 DMD in 12 hours requires 60 kh/s so 9x60 - 540 kh/s

Intel Core i7 3960X generates 101 kh/s with best settings

so you would need 5+ of those processors running at same time.


Are you sure you didn't run GPU mining at same time on DMD ? or maybe some delayed payment from pool came in?

To be honest I don't mess with the clients a whole lot (usually stick with pools), but I think setgenerate true -1 will utilize all available CPU and start mining as long as the client is open. That being said, what kind of CPU do you have? That's not bad for 12 hours and CPU only.

ok. I have what may very well be a bonehead question. I dropped the conf file in my /diamond folder. for grins, I setgenerate true -1 in the client and started mining some other things using cgminer. I come back 12hrs later and have 9 diamonds in my wallet. Was I unknowingly mining solo?

This is rare type coin, it is for investment, like gold, silver, diamonds. Therefore it's price is not determined based on usual stuff like how many gambling sites accept it or if it will be possible to make small cheap transactions. It's value is determined on how hard it will be to mine and how small amount of total coins there is, just like gold, silver and diamonds. Currently you have offer for 0.1 BTC, after year you will pay 5 BTC because then value will be determined by those aspects. And those say - there will be 5x less DMD coins that there will ever be BTC coins, and mining DMD is and will be much harder than BTC.

Don't get me wrong, I don't want to scam you. If you don't want to play on long term (1+ year) investment then you shouldn't buy DMD for this price or for any price as in short term you will not see much gain from it.
same as you shouldn't buy gold if you don't want to invest for 10+ years, because in shorter term bank account for gold storage costs more than profit you make from gold.

Be aware, as any investment, long term investments also are risky, you go all or nothing. As you maybe have heard, current gold prices in real world are crashing like never before ... and noone can predict if they will ever go up again.

EDIT: And yes you shouldn't agree on mine or any other persons opinion, but think for yourself. ALWAYS, not only with DMD but with any coin.

Just saying your .1 BTC is completely unrealistic for current development status.

Good luck to find seller at that price

I would buy them at a rate of 25 DMD / .15 BTC

That price is comparative to what it would take to mine something like LTC vs DMD.

only 4.3 mil coins and no ASIC mining

you can make your offer if you want and I will check with our closed market, but don't expect anything much lower

PM me with an offer, got some DMD to spare..

Yeahhhh... I'll sell mine at that price too! lol.

.1 BTC each? sounds pricey.

7 DMD for 0.1 BTC each = 0.7 BTC

And you need to pass positive opinion around to your friends.

Anyone selling these?

WTB some

We are currently at Network Hashrate: 51.44 MH/s but one pool has Hashrate: 41.16 MH/s, and the other two are 0!

Please spread the hashrate! As i said before:

a nice pool, but no one there