Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 569. (Read 1260706 times)

and this is why the reactor was created. One big staking block. One address. Largest staking weight.
The devs  realized the second richest address with 40,000+diamonds, all the exchange addresses , probably at least 100,000 diamonds will not stake or ever stake.
 Exchange addresses will never attain coinage. Check the block finder.
Some big wallets have not been open or even updated in 1+ years. Think about it.
Which wallet holds the most weight for minting? Reactor Club members.
Payout was recent.
Someone had to use coincontrol to send the payment and not destoy coinage. Is this the same coin control Danbi says not to waste our time on? Lol
Out of the 144 possible minted blocks per 24 hours how many is the Reactor getting?
Fact:
'Benefits of larger blocks:'''
* Larger reward on PoS generation
* Lowers the CPU use to run stake (multiple small blocks are more difficult to process)
* Faster generation of stake (wastes less power running computers)

'''Benefits of smaller blocks:'''
* Enhances network security (more hash rate devoted to PoS)
* Easier for the network to process
* Slows the rate new coins are generated

= Coin generation analysis =
If left alone (not recombined) and not spent, eventually the block size of coins run with PoS in a wallet will get so small that the effective reward for PoS will be minimal.

Source:http://wiki.hobonickels.info/index.php?title=Coin_Control

Minting is not RANDOM.***

to merge together very small pile coin-control is nice (below 10 dmd pile size)

but once coin pile size is like 30 u dont have to bother
this pile easy merge mine together after 30 days and form 100+ size pile

u dont have to fear let coins age 30+ days because ur POS reward keeps increasing
pos reward deepend on coin-age

chance to mint a block deepends on coin weight

coin weight stop to grow after 30 days but coin-age still grow

so waiting longer for minting doesnt reduce ur POS rewards

destroy coin-age by use coin-control merge coin pile does

so there is two path i suggest

as someone who have lot small coin pile (below 10-30 dmd) u can one time merge them together with coin control
and later on let wallet keep doing its work automatic

if u have mostly coin pile size 10+ and some pf them 30 or more then do nothing

the 30 pile will easy mint after 30 days and by group stake mechanism add other small pile to this and merge them together

once again the target time to POS is 30 days not 7

7-30 days coin-age chance to mint a POS block with split stake is for big coin pile to be split in two parts and sometimes for lucky smaller pile

doesnt this reset the coin age though ?

Pokeytex,

50 XPY sent.

Thx.

What do you need? 

Thanks, I can see what you did now.  On my laptop the text is barely visible but I saw it after looking a few times.  My fault.  I need a new laptop!

at first reactor payout (27.02) base reactor stock was increase by 510 DMD
and 1190 DMD where be added to cloud payout
so its now

70760 DMD base amount in reactor
staked DMD above that will be part of next Reactor payout round (70/30 split payout reinvest)

u still can join reactor get in touch with me [email protected]

we plan to have 1 or 2 reactor payout rounds each month

Crazyivan - I would be more than happy to convert your XPY to BTC.  If you would like help my Cryptsy wallet is PWoKPvxYGxRnKbbHvtaGN3V9z17UNfEt4k .
I will convert it at the current XPY price and send everything to the wallet for promotion.  

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!

(additional DMD Cloudmining shares qualify for DMD Reactor payouts!

Visit us:  cloudmining.bit.diamonds
for terms & conditions Email us: [email protected]
      


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.

if u Need a reason why dmd is undervalued look at this

to make coin Price per unit compareable i do following
divide coinmarketcap by 909k (dmd cloín amount)

1.37 BlackCoin $ 1,253,464 $ 0.016762 74,781,409 BLK
0.79 Unobtanium $ 720,778 $ 3.72 193,860 UNO
0.76 Novacoin $ 693,375 $ 0.704485 984,230 NVC
0.40 Mintcoin $ 369,154 $ 0.000018 20,728,419,006 MINT
0.38 Primecoin $ 348,105 $ 0.038233 9,104,861 XPM
0.17 Diamond $ 154,637 $ 0.170134 908,915 DMD

and i didnt compare us with top coins (beside maybe BLK)
so even without pow rewards reduction and dmd v3

a 0.70-0.80$ would be a very realistic marketprice

and once dmd v3 comes we should start compare us with top coins an break 1$ and way more possible
one of the reasons why we didnt grow is because we where happy to keep dmd as insider tipp coin
with a total fair coin disribution 0 premine and same pow pos chance for everyone to get coins
it was in interest of early adopters to no promote it and get their planned dmd invest filled

u as dmd community understand this u with us long time and did act following this plan too
early adopter investment

but once dmd pow reward reduces (at 1000000 total coins expected in april)
we should see the fact that early adopter phase is over
2 years was long enough that everyone who did care was able get his share of diamonds

the planned promotion and other activities like will soon end the days of dmd as insider coin
and make us public recognized  

just to see the high end visible compare us with BTC and LTC

to make coin Price per unit compareable i do following
divide coinmarketcap by 909k (dmd cloín amount)

3880.00 Bitcoin $ 3,527,578,616 $ 253.97 13,889,800 BTC
74.64 Litecoin $ 67,850,402 $ 1.84 36,867,404 LTC
0.17 Diamond $ 154,637 $ 0.170134 908,915 DMD

alex/popshot manage the funds knight is so nice to promote it

Donkeypool is working great, it's not going anywhere.
Over 1500 blocks found in ~60 days.

I added links to the top of the worker stats page, so, if you
click on the "Diamondcoin" link at the very top, you'll see the stats.

Sorry about that, I have to make it a "tab" so it's clearer.

Ambercoin is also a POS/POW coin, so, I thought is might be good to add.
Right now the diff is very high and I can't get miners to produce any coin.

thanks!

davembg

http://dmd.donkeypool.com:808

Knight, send me your paycoin address via PM. I ll send you 50 paycoin, exchange these for BTC and put them into PR initiative POT.
Cant access my cryptsy ATM cause I had some issues with my phone/authy so I cant exchange them myself.

i informed davembg via PM
afaik he had a deal with utahjohn that utahjohn manage parts of the dmd pool......

but i see donkeypool reports now dmd hashrate again and finds blocks
i dont run miners there cant say anything about payouts

Does anyone know why dmd.donkeypool.com is not showing DMD stats today?  All I see is the Ambercoin X13 stats.  Is there a problem miners should be concerned about?

Thanks.

Who s utahjohn? Seems like someone who used to talk way too much.

Third word to the wise: if a person says a lot, then it is not a wise man, he is lamer.

Most honest question from utahjohn - "Show you personal wallet?!". 

A word to the wise: when your honest question is responded to with personal attacks, you've got all the answer you need.

Second word to the wise: if you're playing poker and you don't know who the patsy is, it's you.

pokeytex did change to a one time contribution towards the promotion fund gathering: