Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6898. (Read 9723782 times)

I think the reason I like DRK is that the dev (and community) seems more thoughtful than hype- or mine-and-dump-minded. I'd like to see cryptocurrencies really succeed. I think (hope) that out of the pile of currencies with more or less similar setups, one will pull all the best features together and really bring this into the mainstream. And not just for speculation, but actually as a currency!

I get the same feeling here - this might just be the coin to do it!

Dude, what rig are you running?! I can't come close to that.

That's exactly what I should do, but I can't find any that I'd make more off of than drk and it would require me to pull my resources to another, so... nope, not that I know of 

Hire Eduffield, LOL  You might be the First Bank of Bitcoin (or Darkcoin)  How very cool!  Good luck on that, we need such institutions, badly!

I just found this thread https://bitcointalksearch.org/topic/list-of-cpu-friendly-altcoins-379601

Let me know if any work out, not sure about most of them yet

http://cpu-pool.net

exactly, plus he gave a lot in the beginning to people who helped out, compiled windows, improved stuff, etc... then started buying, 'cause I suspect he looked at what he had and thought, oh crap, I need more! LOL

Funny that you would say that...it was my first thoughts as well!  Using that ideology...group and myself are putting together the capital to start a small alt currency exchange with that exact thought process!  Being in Canada...I think it would be great that you could go to a brick and mortar office and meet the people that handle your exchanges & money...I think that is super important.  You can keep your financial affairs private...but those that handle your funds should always be accessable.... I have the beginings of a great team already that have done several banking institutional sites with ISO 9362 standards.  Missing is someone/peeps to create a great front end and logistics for the actual exchange.  Any thoughts on how this could be looked at would be great.

Are there any other cpu coins I can temporarily mine and then turn right around to sell for more dark coin?

hahahahahaha....LMOAF!!!!!!  that put the first big belly laugh I've had in a long time.  One forgets how good it feels to have a good laugh sometimes...I know feelings aren't based on facts or science, but its served me well in the last 20 years...right on guys keeping rocking! 

its amazing with all these alt coins, that we stumble upon one, that seems like its not drawing that much attention, but you get a good feel, because of several things, first off, there is no premine... so you think to yourself, well, this is a dev that doesnt want to just dump it, when he can get a good price for it, second thing, ohh.. look, he is using his normal user name, not some name like *coin or what not... later on, the dev starts asking to buy coins, now you know, he has great plans for it, and is putting his money where his mouth is :-)

Ill get the pabst blue ribbon!

But seriously, when anonymous is implemented, it will set the standard for other coins to follow, and follow and copy and paste they will.  We've got a winner here.

Oh sweet Jesus. Crypto currency hipsters are here already. "I knew dark coin before it was cool"

LOL, hopefully.  Well, I dunno, I think this one is special.  I read up on stuff every night before bed, and look especially for negative reports on crypto currencies and I have a good feeling here.  I do look at other coins, and most of them I don't like at all.  Nxt, Frei (with demurrage?)  No thanks.  I don't trust the first and don't like artificial manipulation of the second.  I like a free market.  These may be new concepts and it's good that lots of things are being tried, but it's manipulation that we're trying to get away from in our country currencies. 

So I'll stay here

Someday you'll hear people talking "Person A: I was into DarkCoin when it was called XCoin.  Person B: Oh wow!"

Well, hopefully. haha

Strange, it runs on my system, binds each of the threads, connects to stratum, then just quietly exits back to the shell... Any ideas?

EDIT: Aha, it is a bit tempermental on older processors. It runs fine on my 3770k

Ok, thank you

I checked it out, but unfortunately, it's economics and a new world currency that excites me.  I have an inherent distrust of organizations that "do good".  I volunteer to  help individuals and my community, but don't go outside that range.  It all started with United Way's squandering all their donations, I'll never recover from that.

Once you get the cryptocoin bug, that is it, there is no going back! Also check out Gridcoin, you might like that too.

You  know, my husband and I were laying in bed late one night with our touchpads and he read to me an article on silk road, they'd just been arrested.  so we thought Hummm, we don't really know about bitcoin... what's it all about?  We started reading things, got out of bed and I started putzing about with a bitcoin wallet, tried to figure out how to mine, etc... we went to sleep even later, and continued to try and understand how it all worked.  After about 3 or 4 days of that, we thought, oh, we should be looking at some new coins, it seems if you get in on the ground floor, and you catch a good one, you could make a lot of valuable coins.  So we started looking at what was coming up.  My husband saw this coin, and said, we should try it.  It was opening the next day, so I was ready, but didn't know what the heck I was doing really.  So I got on the band wagon wet behind the ears, and struggled to figure out what was going on.  I don't think I ever posted in the beginning, just struggled through by myself though other people were asking good questions.  Anyway, I only had my two machines, and it wasn't until last week I ventured VPC's, and only this weekend where I'm loading up on them.  So, I didn't make many due to my caution, though I did make some, and it's been a really great experience.

Who would have known, my first try at joining a fledgling coin would end up being such a fantastic coin!  Since then, I've learned so much, it's amazing!  And I have what I truly believe will be the most important coin around.  Finally, we did something right!

Thank you Eduffield.  In life, there is a lot of luck, and then there is a bit of moving on something when it presents itself, so you do have to take a leap of faith and JUST DO IT as Michael Jordan's ads used to say.  Thanks for the luck, the dedication, the idea, and everything!

And thanks to my hubby for seeing Xcoin just before launch!  LOL

The reason I quoted a figure of 77W initially is because it's highly unlikely that you're only using a rig to CPU mine DRK -- unless you're an IT guy with a ton of systems sitting around that lack GPUs, of course. So in my case, let's say I have a Core i7-4770K with two R9 290X GPUs mining coins. It was using 650W to do just scrypt mining, and about 700W to do scrypt + DRK. So when you say you're using 900W for four GPUs, is that 900W with the CPU mining as well? If not, then you're still looking at maybe a 100% improvement in efficiency at most.

The bottom line is that as long as a coin can be mined and produce more profit than it requires in power, people will mine that coin -- be it with a CPU or a GPU or an ASIC. GPUs made CPU mining on SHA256 and scrypt unprofitable because they were 20-30 times as efficient; you're talking about maybe 2-3 times as efficient with DRK/X11, so GPUs are not as much of a threat. They're better, but not so much better as to make mining with anything else impractical.

Plus, as I implied earlier but didn't explicitly spell out, there are lots of coins to mine with GPUs but only a few you can do much with using CPUs. It's not like you have the choice of MAX, DOGE, PANDA, VTC, ad infinitum CPU mineable coins. DRK is currently the most profitable that I'm aware of.