Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6309. (Read 9724017 times)

Stopping mining will get you for sure to losing your investition... Mine anyway and hold....put another 500euro of your pocket to pay the bills for future growing and high price of the coin.
Event If I mine under cost I will mine anyway... btw. didn`t sell btc for pay the electricity yet, paying form my pocket

Prezzo dell'Energia - F1 €/kWh 0,117500
Prezzo dell'Energia - F2 €/kWh 0,041500
Prezzo dell'Energia - F3 €/kWh 0,041500


So I have 4 gpu 280x every conumes about 200watt/h = 4*200watt = 0,8 kWh (assuming just on my eye looking at counter don`t have a killawatt) If 280x takes less than 200 watt for hour...the proifitability will rise
I get 9000 Mhash/s with them.

60hours a week pay 0,1175 euro/kWh = 7,05 euro
60hours a week pay 0,0415 euro/kWh = 2,49 euro
and 2 days of weekend = 48 hours pay 0,0415 euro/kWh = 1,5936
---------------
After 1 WEEK of 7/24 mining it costs me 11,13 euro + VAT (10%)
After 1 MONTH of 7/24 mining it costs me 47,71 euro + VAT (10%)
1 month costs of electricity is 52,48 euro
---------------
I get ~7,5 drk/day nowadays...today almost doubled coins with this low diff....
7,5 coin * ~0,0013BTC/coin = 0,00975BTC/day * 30 days = 0,2925BTC * 370 euro = 108,22 euro profit - 52,48 euro costs of electricity = 55,74 euro clear profit @ 4x 280x gpu

EDIT: sorry I did wrong calculations with weekly hours - too much mathetmatics

I'm sorry, but you're a fucking bell end.
Only good thing is X11? Listen up. Clearly, you must be a typical miner-dumper. I understand that, yeah DarkCoin isn't that profitable to mine (well, actually it is right now, but usually it isn't so much compared to the daily coins).

What Darkcoin is trying to do, is what Bitcoin set out to do originally. Be exactly the same as cash.

With Bitcoin, and other typical altcoins you're not anonymous beyond the fact your payment address isn't linked to your identity. As soon as someone gets your payment address they can link that to all your activity. Not to mention the fact that I'm pretty sure the US govt has access to HDD's/keylogs/mics/cams of all US citizens, and Apple product users, wouldn't be surprised if Windows OS's also have their malware on. So they can link addresses to you anyway. This isn't even my main concern.

Think about it this way: There are currently people writing programs to predict the price movement of bitcoin based on blockchain analysis. Almost like the spiders of search engines that crawl websites, think like spiders that crawl the blockchain.

Long story short, if crypto is the future of money and all payments are public - ALL trading of the commodity will eventually be AUTOMATED. Obviously this is already the case with our current currencys/stocks/shares. BUT, if EVERYTHING is transparent, this allows the richest people, with the best coders/programmers/hardware to completely control the market. This will change the face of "wall street trading" as we know it today, meaning their will be far less players in the game, far less "hands on deck" needed as machines take over.

Is this the world you want to live in?

This is also the reason I think when DarkSend is finished, eventually all transactions should be anonymous by default (with the option for transparency so exchanges or whatever can show the users they've paid if they wish).

You have to not be so narrow minded, think about the bigger picture my friend.

EDIT: This is me thinking way in to the future from a technology standpoint.
Obviously, DRK has HUGE potential value in the longterm due to it's anonymity. If DRK ends up being the "go-to anon coin" and gambling/adult/market sites adopt it, boom.

Anyone buying ASICs for scrypt needs their head examined.

if you buy asics and you're going out of roi you bought worthless hardware but good graphic cards are
not worthless, not even after one year.

Give it time. Not everyone has seen the light yet, eventually it'll sink in. And the net hash for DRK is pretty damn high considering current price/profitability is not attractive to the short sighted majority.

Don't worry and don't panic... keep them in to your wallets... On some of them u'll lose... on some of them u'll cover the costs... but on some of them i'm sure u'll gain a lot!

So for the first time you have to risk some money in the hopes of a return on your investment in the future! Welcome to the real world!

All coins i mined until now at the end price always comes out to cover electricity plus a small profit.
It´s always the same ....

And now ASICs are on the scrypt networks coin prices will decline because of the low powerbills.
ROI is not that important. I think time for GPU minig is over.
Looks like scrypt-n and X11 is not the new home for GPU miners. If they woud, Nethash would already be much higher
on coins like DRK and VTC. I am sorry with that if i am right because i lost 2000€ because of worthless hardware

My 4 7950s undervolted to 1.081v take 845W at wall in Scrypt for 2.4Mhs/s... same rig takes 445W in X11 for 7.1Mhs/s!  

People, we are not holding DRK speculating on short term valuation! Short term interest can only come from people already speculating with cryptos, miners and techno geeks already in the bubble basically trying to grow their BTC stash.

We are holding hoping to get interest from people outside of the bubble that have a need for anonymous currency e.g. as an instrument for tax efficency, as a way to move money outside of a totalitarian regime(plenty in the world), as a way to buy/sell regulated goods, etc. Those people are our potential customers, we should finish our first version of Darksend and then market to them, there is not a good solution for them in cryptos currently and we are trying to fill that gap.

Adoption will take time, we are going to have to educate people on this new option we are creating for them, as real interest from end users of our product grows, investors will come as they always follow the money.

On the other hand, I see a lot of people worried about the other coins trying to offer an anonymous solution. First off, there is plenty of space for everybody and competition is always a good thing it creates the market and keeps us sharp. The important thing is we have competent and committed devs that can respond to market changes, if in the future some new approach to anonymity proves to be better, I am sure Eddufield has the ability to adapt and create a new version of Darksend that suits the needs of the market at that time. That is what we are investing on the ability to adapt to market changes, any clone of DRK would always have to wait for us to innovate, just to copy.  As an investor I wouldnt invest in a project where the devs dont have control of their own product, as there is no value there.  We are at a very early stage and obviously taking a risk, but I think is a calculated risk with better odds of being successful than most coins in the market right now.

i need 1200W @ 2400kh scrypt and 670W same rig @ 8600kh X11

13 Mh/s costs me 1.07kW. Same rigs on VTC cost me 2.2kW. (Actual measured power draw from wall, same core/mem speeds.) I posted a breakdown of each rig a few pages back.

Is it so that you need far less energy to mine x11  and how much?

And in 4 hrs time EMC2 will be nowhere (again) on coinwarz and some other shitcoin will be on top for its five minutes of fame. Try thinking further ahead than your daily crapcoin>BTC cashout mate.

DRK has a future, and even if it doesn't pan out, I believe in the ideas behind it and thus support it.

Go point my hashrate at EMC2 for 24hrs then get back to me with how much you ended up selling it for...

Troll, please do brush up on your math. Currently you get roughly $2.9 per scrypt MH/s per day on either DRK or the top scrypts (before accounting for electricity). By the way, it takes 2 seconds of arithmetic to arrive at these numbers so at least put in some effort?

Also, I know you probably funked econ in addition to math, but bad things happen to the price when many attempt to sell the same shitcoin. "EMC2" looks high on the charts -- but once your coins arrive at the market, you'll be too late.

"Hardcore facts" guy can't deliver that actual "fact" part. HARDCORE! RAWR!

you can´t compare scrypt vs x11. you need less energy run x11 @100%

and you are ONLY a hardcore-smartass!

I got about 6 DRK/d, that's about $3.90. And I have to pay about $4.60 for electricity because it's really expensive here in Germany (~0.35$/kWh). So price has to raise a lot to make profit.

thats a whopping 6 dollars a day.

same rigs same setup mine Einsteinium (EMC2) you will get 17.7 dollars.

per month $180 vs $531 dollars.

calculations taken directly from coinwarz.com

the ONLY good thing came out of darkcoin project is X11.