[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6650.

goin2mars

member

Activity: 112

Merit: 10

Quote from: anonymousxx1503 on March 07, 2014, 07:47:17 PM

Quote from: prospect on March 07, 2014, 07:40:52 PM

If i should buy mining equipment for DRK.. is it still more profitable that buying? Lets say i fix four amd 290.. Any recomendations?

Regards
Prospect

Honestly I have no idea how that could be more profitable right now.. 4 290s right now has gotta set you back like 2000$ with the rest of the mining rig? 2000 $ is a bit over 3 BTC (3.18 right now). Let's say you have 3BTC just for round numbers sake and could get all of your DRK at 0.0015 BTC , that would mean 2000 DRK. How much time does it take for 4 of those cards to generate 2000 DRK ? By the time they are generated will the difficulty have shot up 3 or 4 times ? Seems like a lot of trouble to go through. Now if those cards will be used for other coins after .. maybe it's worthwhile.

edit: just saw the post above mine - so with 4 cards you would get roughly 15 coins/day at current difficulty. which would be 2000/15 = 133 days or 4.44 months to mine 2000 DRK if the difficulty remains the same (which it won't). This coin hasn't even been out for 2 months yet , in 4.44 months who knows where it will be.

Good explanation, but you're also looking at two power supplies, a motherboard, cpu, risers, and a case or crate. Easily another 300-600, pushing your number over half a year. Then figure in about $440 for power usage. It's painful to mine anything right now.

watuba

full member

Activity: 211

Merit: 100

Quote from: btc38 on March 05, 2014, 09:45:41 AM

https://bitcointalksearch.org/topic/m.5525645
Update 2014.03.07

I have learned about BlackCoin and DarkCoin. But it seems that both of them mining a bit too fast. I am a bit afraid on this.
I'll go on spending time on NXT as it's a bit complex for me. If you have any data related to NXT or XCP, please post them here or on our own forum(prefered, thanks!).

I'll checked the data and post of some other most voted coins tomorrow.(It's deep night in China now.)
Hope all of you who read this post happy.

Follow us on twitter for more information.
https://twitter.com/btc38news

加入我们的BTT用户专属讨论QQ群（投稿、建议、交流）：
250045224

Would someone who speaks Chinese, and can explain why Darkcoin doesn't mine that fast at all, please contact this representative from BTC38? We could use this exchange.

TanteStefana

full member

Activity: 280

Merit: 100

The Future Of Work

Quote from: metstijl on March 07, 2014, 07:43:11 PM

I'm mining with 8 r9 290 cards and now got like 30 coins per day.
Its a huge risk buying mining gear now.
The 100 dollar doge days are over. But maybe good times will come soon nobody knows..
I suggest you to buy allot of darkcoins at this price.

I totally agree with this. Especially if you have coins you can convert now, as the price is dirt cheap for dark!

TanteStefana

full member

Activity: 280

Merit: 100

The Future Of Work

Quote from: trademark on March 07, 2014, 07:37:11 PM

How long before the Official Darkcoin Pool gets moved to the new server? Are my coins safe?

I'm certain your coins are safe, and I'm certain that Evan would not mind if you moved over to http://lotterymining.com

I know I'm advertising a lot, but it's nice to have more hash power there, and we do need to spread it out.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: tjc on March 07, 2014, 07:55:01 PM

Quote from: anonymousxx1503 on March 07, 2014, 07:47:17 PM

Quote from: prospect on March 07, 2014, 07:40:52 PM

If i should buy mining equipment for DRK.. is it still more profitable that buying? Lets say i fix four amd 290.. Any recomendations?

Regards
Prospect

Honestly I have no idea how that could be more profitable right now.. 4 290s right now has gotta set you back like 2000$ with the rest of the mining rig? 2000 $ is a bit over 3 BTC (3.18 right now). Let's say you have 3BTC just for round numbers sake and could get all of your DRK at 0.0015 BTC , that would mean 2000 DRK. How much time does it take for 4 of those cards to generate 2000 DRK ? By the time they are generated will the difficulty have shot up 3 or 4 times ? Seems like a lot of trouble to go through. Now if those cards will be used for other coins after .. maybe it's worthwhile.

edit: just saw the post above mine - so with 4 cards you would get roughly 15 coins/day at current difficulty. which would be 2000/15 = 133 days or 4.44 months to mine 2000 DRK if the difficulty remains the same (which it won't). This coin hasn't even been out for 2 months yet , in 4.44 months who knows where it will be.

This is why I stopped mining Dark.

Difficulty goes up, price should go up too - not always.

kaene

hero member

Activity: 784

Merit: 1005

Quote from: tjc on March 07, 2014, 07:55:01 PM

Quote from: anonymousxx1503 on March 07, 2014, 07:47:17 PM

Quote from: prospect on March 07, 2014, 07:40:52 PM

If i should buy mining equipment for DRK.. is it still more profitable that buying? Lets say i fix four amd 290.. Any recomendations?

Regards
Prospect

Honestly I have no idea how that could be more profitable right now.. 4 290s right now has gotta set you back like 2000$ with the rest of the mining rig? 2000 $ is a bit over 3 BTC (3.18 right now). Let's say you have 3BTC just for round numbers sake and could get all of your DRK at 0.0015 BTC , that would mean 2000 DRK. How much time does it take for 4 of those cards to generate 2000 DRK ? By the time they are generated will the difficulty have shot up 3 or 4 times ? Seems like a lot of trouble to go through. Now if those cards will be used for other coins after .. maybe it's worthwhile.

edit: just saw the post above mine - so with 4 cards you would get roughly 15 coins/day at current difficulty. which would be 2000/15 = 133 days or 4.44 months to mine 2000 DRK if the difficulty remains the same (which it won't). This coin hasn't even been out for 2 months yet , in 4.44 months who knows where it will be.

This is why I stopped mining Dark.

Right now almost every coin has a similar ROI, around 4 months, most scrypt might be worse, it depends what you mine, what you paid for the card and how much you pay for electricity.

tjc

full member

Activity: 145

Merit: 100

Quote from: anonymousxx1503 on March 07, 2014, 07:47:17 PM

Quote from: prospect on March 07, 2014, 07:40:52 PM

If i should buy mining equipment for DRK.. is it still more profitable that buying? Lets say i fix four amd 290.. Any recomendations?

Regards
Prospect

Honestly I have no idea how that could be more profitable right now.. 4 290s right now has gotta set you back like 2000$ with the rest of the mining rig? 2000 $ is a bit over 3 BTC (3.18 right now). Let's say you have 3BTC just for round numbers sake and could get all of your DRK at 0.0015 BTC , that would mean 2000 DRK. How much time does it take for 4 of those cards to generate 2000 DRK ? By the time they are generated will the difficulty have shot up 3 or 4 times ? Seems like a lot of trouble to go through. Now if those cards will be used for other coins after .. maybe it's worthwhile.

edit: just saw the post above mine - so with 4 cards you would get roughly 15 coins/day at current difficulty. which would be 2000/15 = 133 days or 4.44 months to mine 2000 DRK if the difficulty remains the same (which it won't). This coin hasn't even been out for 2 months yet , in 4.44 months who knows where it will be.

This is why I stopped mining Dark.

anonymousxx1503

hero member

Activity: 532

Merit: 500

Quote from: prospect on March 07, 2014, 07:40:52 PM

If i should buy mining equipment for DRK.. is it still more profitable that buying? Lets say i fix four amd 290.. Any recomendations?

Regards
Prospect

Honestly I have no idea how that could be more profitable right now.. 4 290s right now has gotta set you back like 2000$ with the rest of the mining rig? 2000 $ is a bit over 3 BTC (3.18 right now). Let's say you have 3BTC just for round numbers sake and could get all of your DRK at 0.0015 BTC , that would mean 2000 DRK. How much time does it take for 4 of those cards to generate 2000 DRK ? By the time they are generated will the difficulty have shot up 3 or 4 times ? Seems like a lot of trouble to go through. Now if those cards will be used for other coins after .. maybe it's worthwhile.

edit: just saw the post above mine - so with 4 cards you would get roughly 15 coins/day at current difficulty. which would be 2000/15 = 133 days or 4.44 months to mine 2000 DRK if the difficulty remains the same (which it won't). This coin hasn't even been out for 2 months yet , in 4.44 months who knows where it will be.

metstijl

full member

Activity: 126

Merit: 100

I'm mining with 8 r9 290 cards and now got like 30 coins per day.
Its a huge risk buying mining gear now.
The 100 dollar doge days are over. But maybe good times will come soon nobody knows..
I suggest you to buy allot of darkcoins at this price.

trademark

legendary

Activity: 1932

Merit: 1003

Quote from: aleix on March 07, 2014, 07:40:26 PM

Quote from: trademark on March 07, 2014, 07:37:11 PM

How long before the Official Darkcoin Pool gets moved to the new server? Are my coins safe?

Yes, your coins are safe. Is the official pool, the dev is the owner. Don't worry

Thanks.

prospect

sr. member

Activity: 270

Merit: 250

If i should buy mining equipment for DRK.. is it still more profitable that buying? Lets say i fix four amd 290.. Any recomendations?

Regards
Prospect

aleix

legendary

Activity: 1790

Merit: 1100

Quote from: trademark on March 07, 2014, 07:37:11 PM

How long before the Official Darkcoin Pool gets moved to the new server? Are my coins safe?

Yes, your coins are safe. Is the official pool, the dev is the owner. Don't worry

trademark

legendary

Activity: 1932

Merit: 1003

How long before the Official Darkcoin Pool gets moved to the new server? Are my coins safe?

mattmct

sr. member

Activity: 546

Merit: 250

Quote from: aleix on March 07, 2014, 06:57:26 PM

Quote from: anonymousxx1503 on March 07, 2014, 06:26:58 PM

Quote from: alphacenturion on March 07, 2014, 06:13:37 PM

What do we realistically think Dark can hit USD wise in the next 18 months?

I'm mining this coin only right now because I can see the potential but I think Im well behind the curve in terms of number of coins sitting in my wallet - how many are you guys going to be happy with before you start mining something else?

The price depends on so many factors... functionality, marketing, the price of bitcoin and the health of the entire cryptocurrency market.

If bitcoin reaches 1000$ once again in the coming months and Darkcoin manages to promote itself as the main anonymous crypto, before others start their shitty clones of dark, I imagine it can be worth somewhere between 0.01 BTC and 0.1 BTC , which is still a huge range.

That would put BTC @ around 12.5 Billion in terms of market cap and dark would be anywhere from 38 million to 380 million market cap. (presuming around 3.8 million coins at that moment in time and a price of 1000$/BTC.

So somewhere around 3rd to 6th on coinmarketcap maybe.

I think now the price of DarkCoin depends mainly on this:

http://coinz.co.vu/diff/?drk

Difficulty

We have a good product with awesome funcionalities, with a dedicated developer, etc. It is a win-win bet and we all can see this.

The problem is a lot of gamers are now mining and selling fast, because this is one of the most profitable coins in the market. This keeps the price low.

We need to increase the hasrate to increase the difficulty, otherwise the price will not change.

- my 2 cents -

Price and diffficulty normally do go hand in hand and show a direct corrilation. The price goes up, more people want to mine, more people mine, more demand for the conis etc.

You're right about the win win also. I still belive that once DarkSend is out of beta, we can market the hell out of it. Hopefully get some great press and world wide attention. Thats the only reason Aura coin, or whatever it is called got some much attention, BBC and other other major news people picked up on it, and drove it sky high. The difference with DarkCoin is.....DarkSend and there is a real reason for high prices.

I for one have my rig mining 24/7, and I haven't sold a single coin yet. hoooooolding!

TanteStefana

full member

Activity: 280

Merit: 100

The Future Of Work

Quote from: ?? on ??

Price & Charts here: http://crypto-prices.com/DRK

And of course, I bought high, LOL

lets hope it doesn't matter...

coins101

legendary

Activity: 1456

Merit: 1000

That does make sense and would, all things being equal, stand true as with other coins.

But, somewhere in this thread a few days ago someone made the point that all the other coins holder will want to transact their own coins through DarkSend if they want to have anonymity. That means exchanging a few times to get darkcoins, both in and out.

The exchanges will be making a mint out of this, but it also means DarkCoin becomes a valuable commodity, which also has scarcity. Some will just convert their coins to DarkCoin to avoid the hassle. This reduces supply even further.

The one problem is the release of source code through open source. Being first to market adds value, but its potential is limited unless further builds and features can be continually added.

Not sure if a release through, say, MIT licence or something similar to restrict use of code to non-commercial is a viable option. That might depend partially on origin of any code used, willingness by devs and acceptance by community?

aleix

legendary

Activity: 1790

Merit: 1100

Quote from: anonymousxx1503 on March 07, 2014, 06:26:58 PM

Quote from: alphacenturion on March 07, 2014, 06:13:37 PM

What do we realistically think Dark can hit USD wise in the next 18 months?

I'm mining this coin only right now because I can see the potential but I think Im well behind the curve in terms of number of coins sitting in my wallet - how many are you guys going to be happy with before you start mining something else?

The price depends on so many factors... functionality, marketing, the price of bitcoin and the health of the entire cryptocurrency market.

If bitcoin reaches 1000$ once again in the coming months and Darkcoin manages to promote itself as the main anonymous crypto, before others start their shitty clones of dark, I imagine it can be worth somewhere between 0.01 BTC and 0.1 BTC , which is still a huge range.

That would put BTC @ around 12.5 Billion in terms of market cap and dark would be anywhere from 38 million to 380 million market cap. (presuming around 3.8 million coins at that moment in time and a price of 1000$/BTC.

So somewhere around 3rd to 6th on coinmarketcap maybe.

I think now the price of DarkCoin depends mainly on this:

http://coinz.co.vu/diff/?drk

Difficulty

We have a good product with awesome funcionalities, with a dedicated developer, etc. It is a win-win bet and we all can see this.

The problem is a lot of gamers are now mining and selling fast, because this is one of the most profitable coins in the market. This keeps the price low.

We need to increase the hasrate to increase the difficulty, otherwise the price will not change.

- my 2 cents -

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: Honest Tim on March 07, 2014, 06:31:32 PM

Quote from: eltito on March 07, 2014, 06:17:45 PM

Quote from: coins101 on March 07, 2014, 05:31:46 PM

Quote from: eltito on March 07, 2014, 04:48:03 PM

Quote from: coins101 on March 07, 2014, 04:36:29 PM

Not sure why someone took a big dump on Cryptsy, but I just wiped it up. Thanks. Grin

Getting in on some of that sub-14 action myself.

I still have plenty of Kleenex. More dumping please. Thanks. Grin

I seriously hope nobody ever sees this exchange out of context...

too late.... text logged, userid crosslinked to database. 117,592 embarrassing scenarios of false, smear campaign set-ups have already been played out on illuminati quantum computer 2 miles underground. I'd watch your back from now on.

I would only care if DRK went to $0. Anything north of $20 and I'm doing the laughing, along with everyone else whose hodling.

eltito

full member

Activity: 322

Merit: 105

Quote from: ?? on ??

Price & Charts here: http://crypto-prices.com/DRK

This is actually pretty nice, is it yours? How hard would it be to add something like "top 20 gainers and losers"?

poika

newbie

Activity: 15

Merit: 0

I have a quick question for anyone who can answer. Is it possible to anonymize just one .00000001 Drk? I am not sure I have digested fully darksend. Also could you "ping" addresses with the smallest unit of a coin and basically track them over time?

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6650. (Read 9724017 times)