Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 623. (Read 1260706 times)

There are around 780k DMD at the moment.
We have around 1500 PoW and between 0 and 1100 PoS coins daily.
I suppose around 70% of the coins are in PoS stage, which is 770 PoS DMD daily.
If you add the 1500 PoW coins, that's 2270 DMD daily, or 97 days untill we reach 1M.

Please note, that these calculations may not be true!

I expect it to be around 10th April 2015

I am a bit busy getting the pool up again, but here is a short update on danbi's pool situation.

The pool scripts, as many of you already know hang from time to time. While this is not normal, it is a known bug in MPOS and results in only processing delays (the fronted display is not updated). No coins are lost.

Around the New Year eve this happened again, and I was able to only address is this morning. That is, restart the scripts manually and wait for them to process all the backlog. The three days backlog took about six hours to process. Then the pool began sending the mined coins... and apparently triggered an wallet bug. (too many transactions, or similar) -- which resulted in the pool not receiving any new blocks.

I then reloaded the blockchain and reset the transactions and the pool was up again. Prepared a list of unsuccessful transactions and started sending them, but the bug was hit again (too many, again). The pool stopped again.

I am now restoring the pool again, and will retry sending the transactions one by one, waiting for confirmations. This will take some more time, but should be ok by tomorrow. No coins are expected to be missing.

Unfortunately, during the recovery period, the pool could not generate coins, for which I apologise.

Hope to be able to work on fixing this wallet issue (which might affect any pool, or even any user) and the MPOS scripts later this month.

Oh, and by the way, danbi's pool has never minted coins that sit there. One could bother to read my many comments back in the thread as to why this is very bad idea (for any pool). You are advised to take your coins off the pool as soon as they are available. Thanks.

The PoW block reward is 1.05, but then you have to integrate PoS block rewards in the calculation too.

1.05 dmd

Guys what's yours best settings for 290x?

I don't want to accuse anyone without hard evidence and Danbi has been a great supporter of DMD.  He has continued to run the only major pool for DMD mining which I think keeps coin alive.

I emailed them and he indicated he has been traveling a lot.  Given the holidays this is understandable.

However, I see some serious issues with what's going on with his pool given its size.  To me, the fact that the flagship mining pool for this currency has had so many problems in such a short period of time is a serious concern.  And my experience has been that each time the front end has this problem I do not receive the expected payouts I would get had the pool been running normally.  I am not accusing Danbi or anyone else, but this has happened multiple times in the last couple of months and it just looks bad.

For example, I received no payouts since 30-DEC-2014.  Then I received 2 this morning 3-JAN-2015.  I don't know if the system is fixed or not but if what I received today is the sum total of what I will receive for the 82.5 hours the pool has had a problem then my payments amount to only 60% of what I should be expecting for this time period. For the record, when the pool is running properly, I receive payments like clockwork and its has been very consistent for many weeks so when this happens its easy to see the discrepancy.

Again, this could be a system issue and not wrongdoing by anyone.  It would be a travesty to accuse people who are working hard for the benefit of this currency if they are innocent.  But as I said, this is just not a very good scenario for the only significant pool for mining DMDs.  Even a hint of impropriety could destroy everything DMD has achieved to date.

Danbi, I am sorry to have to post this but I do so to protect the value of my DMD holdings.

Well, your calculation looks accurate but…. didn’t your math teacher tell you to read the task description thoroughly before displaying your mathematical proficiency?

In DMD the amount of total coins is not the same as the number of generated blocks, and it was the ”…available amount of DMD…” that Cryptonit mentioned in his suggestion. I’m certain that you can do the same calculation with this parameter instead. As the PoW block reward will change at 1000000 total DMD coins this result will be much more interesting.
 

I expect a price between 0.001 and 0.0015 btc before 1M DMD and between 0.003 and 0.005 after the POW reward reduction at 1M DMD.

Ive always been outspoken, and I dont like deceit. You mark my words, within 24 hours, payouts will magically start working on their own, and there wont be an issue with payouts if enough people speak up. This pool is making the 50% pos off YOUR money, and YOU are LOSING your rewards, its as simple as that. If you really sat down and added up how much youve lost in POS rewards because of this pool, you would be as mad as I am.
Vegas

I've got ''something around'' my usual 3 days dmd from danbi (feels like less than i should get, anyway). But pool says it was paid out and explorer says "Transaction not found'', and, of course, my wallet didn't get it.

Now I know 1 million coins is a major check point as pow rewards will be lowered by 90%, supply goes way down, but I just wanted to hear what you guys thought on how this will affect dmd?

Vegas

Ok Ive been mining DMD for MONTHS on that pool.. and I can tell you for a fact that over 75% of the time over the last few months, the front end of the pool is broken. Its constant. It has been broken and fixed atleast 10 times over the last few months, no other pool I can think of has this problem. No one else thinks this is strange that one of the largest pools on the internet in constantly broken!?!? More specifically EVERYTHING functions except for payouts... how convenient. Payouts then magically start working about day 8-10. REALLY!??!

And by the way I am an expert on computers. Ive owned multiple computer shops in Las Vegas for 20 years. Software is static, once its fixed, it does not magically change settings on its own. Hardware is frail, and DOES break all the time. For those of you that dont know if the hardware/server failed, the whole pool would be unreachable. What is happening here, is somehow the software changes on its own , which DOES NOT happen in computers. That is why Im so upset, because I DO understand how things work in computers.

Vegas

As far as i know he doesn't have POS enabled on the pool wallet. Maybe you should asked him in a friendly way, why he paying out so late, before you enrage and maybe make false accusations. By the way he is one of the main developer behind DMD. I don't think he would do something like that to the community.

link isnt broken ur firewall block it maybe because it runs on a custom port 2750
ok its broken now guess danbie doing some maintenance
was working before

Im really tired of the bullshit at danbi's pool. They have constantly been holding money for 7 days, collecting the 50% pos reward of tens of thousands of coins and then paying out. I sent them this email:


You must think the whole world in stupid except for you. Know this, people are REALLY tired of your pool collecting payments and holding them for 7 days and getting 50% on their money. This has been happening for MONTHS. If you dont stop I will start a campaign to boycott your pool.

Vegas

check blockexplorer http://diamond.danbo.bg:2750/chain/Diamond do the mathematics
its a simple fill some points of the past and create a curve that predict the future

i suggest u gather 20 block points like 10000 blocks between them
and trace the avaiable amount of DMD at this points
and then extrapolate that curve into a possible future

and then tell us results so we save our time  

dmd cloudmining is the guarantee u can sell DMD
a guarantee that people need because nothing create more fear that sit on coins u cant sell

yes u wont be able sell 10000 DMD at once
but some coins each day u can easy cash out if in urgend need

and to this deal with customer also belong the simple rule

dmd cloudmining and dmd multipool
simple buy from bottom upwards without any trading tricks

thats straight forward a deal everyone can understand

if u have the urgend feeling the multipool/cloudmining buy to high
than u invited to feed them by shift DMD by buy them at buyorders side
and place them at for in ur opinion reasonable priced at sellorder side to feed DMD Cloudmining

a big gap between sellorderbook and buyorderbook is a opportunity for traders
u are welcome to use this if u have the time and the skill

a fair price isnt created by some magic robot code
but by fair competition of traders

My last payout was 2015-01-03 12:57:30
Previous 2014-12-31 09:11:46