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Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 563. (Read 1260677 times)

legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds

I am unsure since I don't have all of the facts.  I invested in cloud mining primarily to have the constant flow of DMD's without having to monitor a rig setup to get them.  I am in the middle of selling off all of my mining equipment which will make me completely dependent on cloud mining services.  However I am getting uneasy in doing so because it seems like there is no recourse for these contracts.  You either take them or lose them. (It seems).  Correct me if I am wrong but I think we have now lost (2) cloud mining contracts plus the paycoin fiasco - correct?  What does this represent in cloud mining investment lost?  How much USD does it represent?  How many additional cloud mining contracts do we have?  Are the other contracts paying regularly and are they appearing solvent?  If so and you think the remaining contracts are secure then I am ok with 50% to reinvesting and 50% returned to the miners.  If they are wishy washy and you are unsure that they are going to keep paying I say divert our reinvest shares to some other tool to help implement support on the buy side.

- pokeytex

reinvest isnt going into the payout source that generate them
reinvest is always going in the solution that we consider the actual best existing one

best is selected by us by analyze profit stability and security and split invest over multiple companies

i want to make clear to everyone here i still hold around 50% of all cloud shares (and i filled 50% of reactor with my own coins as contribution)
i work for it as everyone of u would work for his 15000$ investment
and i same as any other core team member bought it same rules as everyone else
1$ btc value = 1 share

im not gambling with ur money at your risc
i try to find the best solution amhash in december sure anyone u asked would have agreed is one of the best solutions

if i count all core team members and peopel i did already talk about this topic together i have already 75% of shareholders supporting the change

still i want to discuss it public so everyone also understand the reasons

with crazyivan now as core team member who is  also a experienced cloud investor we  have another expert which support analyze investment strategies

additional reactor was created to give cloud a backbone that compensate hard times and it will support payouts each month with at least 2000 DMD

while reactor fill the gap i strong suggest u all follow the suggested changes so we can get this cloud operation back on track to be long term supporting our DMD investments and as additional DMD imcome source

POS² (prove of stake + prove of shares)

legendary
Activity: 1504
Merit: 1002
@cryptonit - Did we ever get sorted out from the chinese bitcoin mining company that was away on chinese new year?  I don't recall seeing anything on that.  Please advise.  Thanks - pokeytex

no

there is still no reinvest shares for February distributed because the payment didnt arrive from AMHASH1

over 20 thash we run at
https://www.havelockinvestments.com/fund.php?symbol=AMHASH1
https://bitcointalksearch.org/topic/m.10739094

there is nothing we can do beside waiting
amhash was considered in industry as one of most secure cloud mining companies
because it was a join venture of two companies which build and sell mininghardware (asicminer and rockminer)

as long as amhash dont pay we can stop reinvesting and keep payouts as we have now
but with the risc that they maybe never pay and we have constant loss of earning power because no reinvest resulting in a end of payout generation not far away

other path could be consider amhash as not existing until it come back (if it come back) and use from the leftover income sources bitcoins for reinvest

this way we can maybe save longterm earning power but reduce payouts significant

after this 6 months we had to analyze cloud setup i would like to change setting towards 50% reinvest from original 30%
to keep at least the long term earning power alive even if weaker

and to be able compensate such little catastrophes better

also i would stop creating free invest shares to keep investing for new people possible

what cloud investors think about this?

basical we have only two ways

1.) people say we cant change rules because there is a contract

and cloud will run as it does now weaker and weaker in payout until the end of operation

or

2.) we adapt rules as suggested (50% reinvest no creation of reinvest shares) have instant reduced payouts but a realistic chance to get this into a long term income source for investors

if u ask for my opinion i prefer lower payouts but a realistic chance to recover and have real long term payouts because of reinvest cycle runs better with 50%

if u own no shares at cloud please let shareholder express their opinion first
i want to read from the people which are affected primary please

thx for ur understanding


I am unsure since I don't have all of the facts.  I invested in cloud mining primarily to have the constant flow of DMD's without having to monitor a rig setup to get them.  I am in the middle of selling off all of my mining equipment which will make me completely dependent on cloud mining services.  However I am getting uneasy in doing so because it seems like there is no recourse for these contracts.  You either take them or lose them. (It seems).  Correct me if I am wrong but I think we have now lost (2) cloud mining contracts plus the paycoin fiasco - correct?  What does this represent in cloud mining investment lost?  How much USD does it represent?  How many additional cloud mining contracts do we have?  Are the other contracts paying regularly and are they appearing solvent?  If so and you think the remaining contracts are secure then I am ok with 50% to reinvesting and 50% returned to the miners.  If they are wishy washy and you are unsure that they are going to keep paying I say divert our reinvest shares to some other tool to help implement support on the buy side.

- pokeytex
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Yes, I would definitely go for 50% reinvestment MINIMUM.

IMHO, the most important thing I would like to get from my DMD cloud investments is sustainability. I like knowing my investment is safe and it generates return for me every day.
With constantly increasing mining difficulty, 50% reinvestment is required and justified to preserve this sustainability.

I am for option no.2
legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
I think that 50% of reinvesting a good idea. Given the current situation with the problems in some mining companies.
Soon to happen reduction awards POW block and we need to increase support for cloud mining.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
DMD Cloudmining Report February 2015:

3098 new investment
- reinvest
10333 earned DMD

------------------------------

all time stats:

29869   total invested
6647    total reinvested
64593   total earned DMD

-----------------------------

there no reinvest shares for February distributed because the payment didnt arrive from AMHASH1

over 20 thash we run at
https://www.havelockinvestments.com/fund.php?symbol=AMHASH1
https://bitcointalksearch.org/topic/m.10739094

there is nothing we can do beside waiting
amhash was considered in industry as one of most secure cloud mining companies
because it was a join venture of two companies which build and sell mininghardware (asicminer and rockminer)

as long as amhash dont pay we can stop reinvesting and keep payouts as we have now
but with the risc that they maybe never pay and we have constant loss of earning power because no reinvest resulting in a end of payout generation not far away

other path could be consider amhash as not existing until it come back (if it come back) and use from the leftover income sources bitcoins for reinvest

this way we can maybe save longterm earning power but reduce payouts significant

after this 6 months we had to analyze cloud setup i would like to change setting towards 50% reinvest from original 30%
to keep at least the long term earning power alive even if weaker

and to be able compensate such little catastrophes better

also i would stop creating free invest shares to keep investing for new people possible

what cloud investors think about this?

please shareholders post ur opinion as reply here

basical we have only two ways

1.) people say we cant change rules because there is a contract

and cloud will run as it does now weaker and weaker in payout until the end of operation

or

2.) we adapt rules as suggested (50% reinvest no creation of reinvest shares) have instant reduced payouts but a realistic chance to get this into a long term income source for investors



if u ask for my opinion i prefer lower payouts but a realistic chance to recover and have real long term payouts because of reinvest cycle runs better with 50%

if u own no shares at cloud please let shareholder express their opinion first
i want to read from the people which are affected primary please

thx for ur understanding
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
One really needs to be a brain damaged idiot to dump coins 2 weeks before reward reduction??

I guess some people are made for losing money. Smiley
legendary
Activity: 1504
Merit: 1002
Coinmarketcap has not updated their link to the explorer with the new one. They should fix this.

please send them this feedback

@cryptonit - Did we ever get sorted out from the chinese bitcoin mining company that was away on chinese new year?  I don't recall seeing anything on that.  Please advise.  Thanks - pokeytex
full member
Activity: 126
Merit: 100
i got 2 x 1.3mhs asic miners, they are called FURY miners from gaw miners
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
hi team i mined .0038-- btc to the promotion project, that was a week worth of mining.

What do you mine with?
full member
Activity: 126
Merit: 100
hi team i mined .0038-- btc to the promotion project, that was a week worth of mining.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Coinmarketcap has not updated their link to the explorer with the new one. They should fix this.

please send them this feedback
full member
Activity: 206
Merit: 100
I just hope I'll be able to stake my coins on the Pi  Tongue

I have my wallet running on a Radxa Rock Pro and I just staked my first coins. So assuming you followed pallas' instuctions or used my GitHub repo, you should be good to go. If you have it running, though, you're probably good anyway. Most of the changes necessary to compile the wallet only affect the built-in mining functionality, so you shouldn't even notice an error/crash/whatever unless you're CPU mining.
legendary
Activity: 1564
Merit: 1027

change connect towards addnode
and  listen noirc settings like in example below in your diamond.conf

towards:

Code:
listen=1
noirc=1
addnode=193.68.21.19
addnode=54.191.208.14
addnode=54.255.133.30
addnode=54.86.164.216
bantime=600

regarding the rasperri pi2 i cant help
maybe someone else can i had no time until yet try our my pi2
to much timeconsuming other tasks

I've tried that before but it didn't work  Huh

Now, I deleted everything from the data dir, used those new setting for the config file, and it worked.

I just hope I'll be able to stake my coins on the Pi  Tongue

Thanks!
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Hello,

I've been running the qt-wallet on my Windows 8.1 desktop PC with no problems altough I can never connect to more than the 4 peers defined in the .conf file.

However, I would love to set up a permanente node using one of my Raspberry Pi 2 but I can't seem to make it work. I managed to compile the qt-wallet but I can never get it to connect to a single peer, not even the ones in the .conf file!

What am I doing wrong? How can I improve the connectivity of my wallets?

Thanks!

change connect towards addnode
and  listen noirc settings like in example below in your diamond.conf

towards:

Code:
listen=1
noirc=1
addnode=193.68.21.19
addnode=54.191.208.14
addnode=54.255.133.30
addnode=54.86.164.216
bantime=600

regarding the rasperri pi2 i cant help
maybe someone else can i had no time until yet try our my pi2
to much timeconsuming other tasks
legendary
Activity: 1564
Merit: 1027
Hello,

I've been running the qt-wallet on my Windows 8.1 desktop PC with no problems altough I can never connect to more than the 4 peers defined in the .conf file.

However, I would love to set up a permanente node using one of my Raspberry Pi 2 but I can't seem to make it work. I managed to compile the qt-wallet but I can never get it to connect to a single peer, not even the ones in the .conf file!

What am I doing wrong? How can I improve the connectivity of my wallets?

Thanks!
legendary
Activity: 1504
Merit: 1002
DMD Multipool LOTTO February
http://www.lotto6aus45.com/lottozahlen-joker/01-03-2015
557421

winner is db9*****************ESZ 2015-02-08   557527

congrats i enjoy this winner a lot because it was a small miner




Congratulations!
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
DMD Multipool LOTTO February
http://www.lotto6aus45.com/lottozahlen-joker/01-03-2015
557421

winner is db9*****************ESZ 2015-02-08   557527

congrats i enjoy this winner a lot because it was a small miner


legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds

Quote
That is not my understanding. DMD will never be POS only; we are POW/POS, but POW reward will be reduced, not abolished.

Eventually, PON (proof of node) will also be added, making us POW/POS/PON.

Correct.

say never never
DMD Diamond is designed as coinrollout plan for 30 years
that coinrolloutplan will stay
hat coins which u own now will be yours whatever future step we make  will stay

but stuff like pow pos or technologies our coin is utilizing can change
as long as they allow create similar coinrollout
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
I have been following this coin for while now, I really like POS coins but I know I still have a novice understanding of how a POS coin really works. Help me understand here please.

So this coin is still in POW/POS phase? With under a month until it goes completely to POS?

Also the graphs say after 4.5 mil coins the POS will be reduced by 25%, where does this 4.5mil come from? Does it mean the amount of coins distributed through people holding and staking? and where can I see how close we are to that 4.5mil marker?

Hope my questions make sense and I look forward to the future of the coin. Big ups to the devs for putting in the work to improve this coin and crypto-currency as a whole.

Yes, about a month until we go to PoS only. We are currently at about 930k coins, at 1 mil, PoW will get reduced almost 10x, fro 1.05 to 0.1 DMD per block. This means there will be significantly less coins in the market. At 1.5 milion coins, PoS will also get reduced to 25% per year which means even fever coins in the market. After PoW gets reduced, new coins ll be still mined but at reduced reward and they will also get generated through minting. All in all, if you feel DMD is the coin for you, now is the time to buy cause after April, supply s only going to get more and more reduced. I hope I ve helped a bit.

That is not my understanding. DMD will never be POS only; we are POW/POS, but POW reward will be reduced, not abolished.

Eventually, PON (proof of node) will also be added, making us POW/POS/PON.


Correct.
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