I'm personally a little disappointed since one of the two things that made DRK interesting for me as announced (CPU only) turned out to be false. But I'm not selling and will follow developers work.
But it's still resistant to multipools which is also a nice feature. 
Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6909. (Read 9723597 times)
February 15, 2014, 02:41:06 PM
February 15, 2014, 02:37:52 PM
I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.
They aren't. But GPU mining is generally multiple times more profitable than CPU electricity cost wise. Also it's much easier to build a GPU farm than a CPU farm having an equal hashrate. People who mine with their own PC with a GPU probably will hold but GPU farm owners often take quick profits and sell their mined coins rightaway especially if the coin becomes popular and mining is profitable.
When the playing field is evened out, there isn't as much advantage to pump and dump.
Maybe, but before it evens out we may see a large price drop.
February 15, 2014, 02:34:30 PM
This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.
I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.
It's a matter of volume. I was mining DRK with CPU, getting some 250-300 KH/s, around 12 DRK a day. Not thinking about selling because I really want to see the concept implemented, but with those rates, at current prices, the profit is small and less tempting to cash out. This perspective changes if you multiply the results by 5-10+ when using a decent GPU. Also the difficulty rises faster and CPU miners are slowly moved out of the picture.
I'm personally a little disappointed since one of the two things that made DRK interesting for me as announced (CPU only) turned out to be false. But I'm not selling and will follow developers work.
I agree. I kind of gave up on mining since the GPU release I noticed the amount of coins I was making drop quite a bit. I loved the fact that it was CPU only, but now it is just one of many GPU coins. But, I'm holding what I have.
February 15, 2014, 02:31:34 PM
The public testing and improvement phase of the DarkSend technology officially begins right now!
https://bitcointalk.org/index.php?topic=467857.new#new
https://bitcointalk.org/index.php?topic=467857.new#new
February 15, 2014, 02:29:45 PM
This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.
I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.
It's a matter of volume. I was mining DRK with CPU, getting some 250-300 KH/s, around 12 DRK a day. Not thinking about selling because I really want to see the concept implemented, but with those rates, at current prices, the profit is small and less tempting to cash out. This perspective changes if you multiply the results by 5-10+ when using a decent GPU. Also the difficulty rises faster and CPU miners are slowly moved out of the picture.
I'm personally a little disappointed since one of the two things that made DRK interesting for me as announced (CPU only) turned out to be false. But I'm not selling and will follow developers work.
February 15, 2014, 02:27:57 PM
This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.
I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.
GPU miners have more hash power hence higher chances of finding and solving blocks, thus more coins to toss around. They're also known to be the asic-adjacent miners of asic proof coins.
Hell, take a look at coins like GRID coin or UTC and see what GPU miners are doing to it.
February 15, 2014, 02:26:02 PM
This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.
Personally, when I see the hash rate go up, it usually means that it gets harder to mine for everyone. If only a few people had the GPU miner (which I personally think was the case), then they have an advantage. This is when it gets easy for some to pump and dump. When the playing field is evened out, there isn't as much advantage to pump and dump.
I have low end equipment, I'm just keeping up with what I was making before by adding GPU
I have noticed the highest miners have not suddenly increased their capacity, therefore, I suspect they already had Gpu miners working.
This leveled the playing field.
I can't say some fool will dump their coin, but I can say, if they do, and I can, I'm a buying 'em up!
February 15, 2014, 02:21:09 PM
This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.
I dont get the argument of why people mining with gpus are more likely to sell them than those mining with cpus.
February 15, 2014, 02:19:29 PM
Morning, yah, my hash rate is only about 160 k/h on my desktop's AMD 5550 and 500 kh/s or so on my 5770.
I don't have high end stuff ;P
I don't have high end stuff ;P
February 15, 2014, 02:14:45 PM
This is quite an ambiguous situation for investors. Should we sell now before GPU miners start to dump their coins and the price will go down? Or should we wait for the announcement of new feature test results when the price will probably increase? Which will come first? Haven't decided yet.
February 15, 2014, 02:01:50 PM
Unfortunatly... If the diff still rising (47 now) and the prize don't follow I'll stop mining this coin 
I have only 1 gpu and give me the same hash rate as a i7 with sgminer...
I am minig with 10* 8 cores...
I have only 1 gpu and give me the same hash rate as a i7 with sgminer...
I am minig with 10* 8 cores...
February 15, 2014, 01:52:30 PM
pool.darkcoin.io seems to be down 
Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.
Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.
drk.lotterymining.com is ready for more miners, moved to better setup, and can now handle the load
each week we have a lottery, each day your actively mining equals 1 lottery ticket,
pool fee is 1% - 50% of those are in the lottery pot, plus ive added 100 drk on top, welcome :-)
I pointed my GPU to your pool, seems to be getting the full hashrate so far. Will report if I see any issues but hopefully we'll find some blocks.
Looks like hashrate is coming down from the official pool, glad to see the redistribution.
February 15, 2014, 01:38:42 PM
pool.darkcoin.io seems to be down
Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.
Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.
pool.darkcoin.io is back up and running now!
Mein Furher, status on Dark send? the allies are rallying over Berlin.
February 15, 2014, 01:36:44 PM
pool.darkcoin.io seems to be down
Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.
Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.
drk.lotterymining.com is ready for more miners, moved to better setup, and can now handle the load
each week we have a lottery, each day your actively mining equals 1 lottery ticket,
pool fee is 1% - 50% of those are in the lottery pot, plus ive added 100 drk on top, welcome :-)
February 15, 2014, 01:25:39 PM
pool.darkcoin.io seems to be down
Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.
Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.
pool.darkcoin.io is back up and running now!
February 15, 2014, 01:25:05 PM
I've forgot to mention about mobile wallet 
but DarkSend implementation first...
but DarkSend implementation first... February 15, 2014, 01:23:28 PM
pool.darkcoin.io seems to be down
Pool will be down for a few minutes, load was high and we are moving it to a much bigger server.
Besides we had > 80% of the network hash, so it would be good to have some people move to other pools too.
February 15, 2014, 01:18:55 PM
I'm all up for PRing for this coin on reddit, would be nice to get a working tipbot though, cause that really does the trick to get a subreddit alive and going.
February 15, 2014, 01:13:05 PM
I'm looking forward for DarkSend feature because this is one important thing that makes this coin more than pump 'n dump shitcoin.
BTW We need wiki page, subreddit, separate forum (especially for miners and speculators, because I'm fed up with such talks in announce thread).
BTW We need wiki page, subreddit, separate forum (especially for miners and speculators, because I'm fed up with such talks in announce thread).
February 15, 2014, 12:45:59 PM
Great news !!!!!!!!!!!!!!!! 
As far as I know the public test of the anonymity feature of DRK should begin today or tomorrow, if that goes well we could see a huge jump in price (between x10 x 100), if it goes badly I'd expect a drop. That feature is what this coin is all about and it is a major feature.
So what will happen to this coin now that there is a gpu miner? any speculations?
I bought in yesterday and seems like a bad investment for now.
I bought in yesterday and seems like a bad investment for now.
As far as I know the public test of the anonymity feature of DRK should begin today or tomorrow, if that goes well we could see a huge jump in price (between x10 x 100), if it goes badly I'd expect a drop. That feature is what this coin is all about and it is a major feature.
Because of blackmarket exchanges or just the success of the coin?
I was thinking initially there would be a big price increase just due to investors/speculators jumping on board to a coin with a potentially very useful feature.
Any word on when the test is going ahead?
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