Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6314. (Read 9724017 times)

It's suchpool.

http://drk.poolhash.org/poolhash.html

Do you guys know what pool is the "unknown" pool on http://chainz.cryptoid.info/drk/? Thanks.

I think these guys are proposing to mine coins that don't have protection.

The coins they mine would be grouped up by the pool, sold on exchanges and the proceeds used to buy Darkcoin.

Can skip from coin to coin before gravity well has a chance to react, as I understand it.

someone please explain to me what the point is in a multipool on a coin running any form of gravity well? wouldn't it defeat the main purpose of a multi, profit-switching?

I also think it would help.  I'm far from an expert, but at the very basic level it creates a lot of buying pressure, which in turn drives up the price.  Every time the multipool sells off the crap coins, it produces huge buy orders for DRK, and obviously the ones the get eaten / bought up first, are the cheapest one, it then works it's way up until it gets to more more pricey coins, bumping the price. Rinse and repeat.

Would look nice with a touch of gold.

How about a Darkcoin multipool unveiling and Darksend release at the same time. Would create some serious buzz.

Ohhhhhhhhh hell yesssssss!! Boom!!! LOVE IT!

Good point. I think it would help price. It would create steady demand on the buy side and that would increase price. Then there is more financial incentive to mine Darkcoin directly as well. I know many are already mining other coins to trade for darkcoin. And those who are supporting drk by mining directly for a seeming loss now are counting on an increase later.

The biggest factor in my mind is the psychological effect of knowing that there is steady buying support each day. People are petrified of pump and dump scams but if they know structurally there will always be buyers then they feel more comfortable in buying that coin. In essence just feeling like there is not a gaping hole to fall into when the dumping begins. This is BC's main advantage, the feeling of bagholder resistance. And as far as I can tell that's somewhat of a concern for some people here. It's a legitimate concern because there are so few barriers to entry in cryptocurrencies. So we should do what we can to protect share value and consequently community and confidence, which would be the effect of a Darkcoin multipool. I wish I knew how to do one. But I will contribute to the bounty!

tl;dr It takes the btc from overvalued scam coins and puts them into darkcoin. Which will induce confidence and increase value.

nice one!

Power meter just arrived!

Rig 1: 2 x 270, 1 x 6870, cheapo CPU / 4GB RAM / fancy MSI 7xPCIe mobo, 1000W gold PSU (room for expansion!) : 270W
Rig 2: 4 x 270, cheapo CPU / 4GB RAM / Asrock H61, 750W bronze PSU : 390W
Rig 3: 5 x 270, cheapo CPU / 4GB RAM / Asrock H61, 1000W gold PSU : 410W

All running BAMT 1.6 from USB.

~12 Mh/s for 1.07kW.

Will switch them back to VTC later maybe just to test, bet it's over 2kW.

 

DarkCoin, WhiteCoin, BlackCoin... when the orange and the purple ones?

Odd, official darkcoin pool and my backup (mining pool hub) both down for me right now.  

nvm, both back up. 

Have p2pool failover now too.

Net worth obv, I'm a gambler baby.

Sure, you'll also be responsible for filling my bed with fresh hookers on a daily basis.

Regarding this multipool: will it actually help? I can see it working for a PoS or fully-mined coin but any diversion of hashrate from DRK means (1) more total DRK will be mined each day due to the block reward formula (2) a higher percentage will go to immediate dumpers because presumably the people on the multipool would be ones who like keeping their DRK. These two factors lead to increased selling (by some who directly mine DRK) that would offset the increased buying (by the multipool). The equilibrium wouldn't have changed.

2% of DRK, instead of 1%?

If you get a Rolls Royce, can I be your driver and use the car for personal use on Saturday's?

Um, I hope you're referring to crypto net worth alone. If that's the case, I'm at 90% and I'm not sweating it. Not much else interesting out there except other anonymous coins, and this is currently the least problematic one.

I have 50% of net worth in DRK, I'm wondering whether I should put in more.