[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6969.

heskey

sr. member

Activity: 406

Merit: 250

Quote from: blaaaaacksuit on February 08, 2014, 06:51:32 PM

Quote from: heskey on February 08, 2014, 06:42:11 PM

Quote from: CHAOSiTEC on February 08, 2014, 05:58:55 PM

you need 20000 aws 32 core instances to mine at that speed

What kind of a freak are we dealing with?! These crypto terrorists need to crawl back to wherever they came from...

I believe this coin can be viewed as a big threat by the 'governments', if eduffield really is getting close to creating a completely anonymous coin.

http://rt.com/business/bitcoin-russia-use-ban-942/
http://rt.com/business/bitcoin-warning-russia-bank-280/

The more people mining this coin, the better. Mine and hold!

I was looking at some of the comments to these kind of articles and the russian speakers said there was no ban, just bad reporting.

That's good news. But remember, the poeple in charge of our current monetary system wont give up without a fight. They have been fighting for many years to keep us under the controll of their fiat bullshit. Basically we have to work to earn toiletpaper (dollar, euro, etc), meanwhile they can just print their own salary and buy whatever they want. A well working crypto currency is a stab right to the core of their power.

SeriousCoins14

full member

Activity: 154

Merit: 100

Coinoholic

Quote from: TanteStefana on February 08, 2014, 06:49:46 PM

And I just learned how to use Azure Cry

Ah sorry

Hey, just make sure you shut down your virtual machines so you can keep your $200, you have 27 days to use it! Don't leave them running! I'm not on trial anymore I pay as I go but I'm shutting them all off at retarget minus my home setup :\.. I'll be at a huge loss at that point

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

Quote from: TanteStefana on February 08, 2014, 06:49:46 PM

And I just learned how to use Azure Cry

wait with using your credit on there... this miner is going to disapear quickly again i think

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: SeriousCoins14 on February 08, 2014, 06:39:53 PM

Quote from: CHAOSiTEC on February 08, 2014, 06:28:46 PM

Quote from: luigi1111 on February 08, 2014, 06:23:08 PM

The much bigger concern to me is the coin being stuck on very high difficulty.

thats the same im thinkning about... i wrote money, ment monday

ditto.. we need a new retarget implementation ASAP. My money is on this guy jumping ship at retarget or soon thereafter.

...and that would be the "good" scenario (=being a big guy which hops around the most profitable cpu coin at any given point). The really bad scenario is that he stays around, which would perhaps hint at something totally different for achieving his hashrate, like offloading part of the algorithms in a GPGPU approach.

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: heskey on February 08, 2014, 06:42:11 PM

Quote from: CHAOSiTEC on February 08, 2014, 05:58:55 PM

you need 20000 aws 32 core instances to mine at that speed

What kind of a freak are we dealing with?! These crypto terrorists need to crawl back to wherever they came from...

I believe this coin can be viewed as a big threat by the 'governments', if eduffield really is getting close to creating a completely anonymous coin.

http://rt.com/business/bitcoin-russia-use-ban-942/
http://rt.com/business/bitcoin-warning-russia-bank-280/

The more people mining this coin, the better. Mine and hold!

I was looking at some of the comments to these kind of articles and the russian speakers said there was no ban, just bad reporting.

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: blaaaaacksuit on February 08, 2014, 06:41:13 PM

Quote from: SeriousCoins14 on February 08, 2014, 06:39:53 PM

Quote from: CHAOSiTEC on February 08, 2014, 06:28:46 PM

Quote from: luigi1111 on February 08, 2014, 06:23:08 PM

The much bigger concern to me is the coin being stuck on very high difficulty.

thats the same im thinkning about... i wrote money, ment monday

ditto.. we need a new retarget implementation ASAP. My money is on this guy jumping ship at retarget or soon thereafter.

Then as soon as we drive it back down, he comes back and shoots it up to 100

Yup. This is what is so exploitable about "normal" diff calculation algos. KGW FTW!

TanteStefana

full member

Activity: 280

Merit: 100

The Future Of Work

And I just learned how to use Azure Cry

heskey

sr. member

Activity: 406

Merit: 250

Quote from: CHAOSiTEC on February 08, 2014, 05:58:55 PM

you need 20000 aws 32 core instances to mine at that speed

What kind of a freak are we dealing with?! These crypto terrorists need to crawl back to wherever they came from...

I believe this coin can be viewed as a big threat by the 'governments', if eduffield really is getting close to creating a completely anonymous coin.

http://rt.com/business/bitcoin-russia-use-ban-942/
http://rt.com/business/bitcoin-warning-russia-bank-280/

The more people mining this coin, the better. Mine and hold!

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: SeriousCoins14 on February 08, 2014, 06:39:53 PM

Quote from: CHAOSiTEC on February 08, 2014, 06:28:46 PM

Quote from: luigi1111 on February 08, 2014, 06:23:08 PM

The much bigger concern to me is the coin being stuck on very high difficulty.

thats the same im thinkning about... i wrote money, ment monday

ditto.. we need a new retarget implementation ASAP. My money is on this guy jumping ship at retarget or soon thereafter.

Then as soon as we drive it back down, he comes back and shoots it up to 100

SeriousCoins14

full member

Activity: 154

Merit: 100

Coinoholic

Quote from: CHAOSiTEC on February 08, 2014, 06:28:46 PM

Quote from: luigi1111 on February 08, 2014, 06:23:08 PM

The much bigger concern to me is the coin being stuck on very high difficulty.

thats the same im thinkning about... i wrote money, ment monday

ditto.. we need a new retarget implementation ASAP. My money is on this guy jumping ship at retarget or soon thereafter.

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

Quote from: blaaaaacksuit on February 08, 2014, 06:31:35 PM

Quote from: kaene on February 08, 2014, 06:29:49 PM

The problem here is not that he will get a lot of coins, because he is only getting 10k-15k (with 3M+ coins out there this isn't much), the problem is the diff readjust algo, I'm really sure he will leave after diff changes, then it will take longer until next diff change. I think Kimoto Gravity Well is the way to go to avoid this, and better now that the coin is still young.

Agreed. This one guy is not the whole mining operation though. As long as enough people stick around after he is gone the diff will eventually fall.

in any case i will keep mining with all the cpus i can

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: kaene on February 08, 2014, 06:29:49 PM

The problem here is not that he will get a lot of coins, because he is only getting 10k-15k (with 3M+ coins out there this isn't much), the problem is the diff readjust algo, I'm really sure he will leave after diff changes, then it will take longer until next diff change. I think Kimoto Gravity Well is the way to go to avoid this, and better now that the coin is still young.

Agreed. This one guy is not the whole mining operation though. As long as enough people stick around after he is gone the diff will eventually fall.

kaene

hero member

Activity: 784

Merit: 1005

The problem here is not that he will get a lot of coins, because he is only getting 10k-15k (with 3M+ coins out there this isn't much), the problem is the diff readjust algo, I'm really sure he will leave after diff changes, then it will take longer until next diff change. I think Kimoto Gravity Well is the way to go to avoid this, and better now that the coin is still young.

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

Quote from: luigi1111 on February 08, 2014, 06:23:08 PM

The much bigger concern to me is the coin being stuck on very high difficulty.

thats the same im thinkning about... i wrote money, ment monday

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: blaaaaacksuit on February 08, 2014, 06:13:21 PM

Quote from: drawing1211 on February 08, 2014, 06:10:58 PM

Quote from: CHAOSiTEC on February 08, 2014, 06:06:04 PM

Quote from: drawing1211 on February 08, 2014, 06:04:51 PM

Quote from: CHAOSiTEC on February 08, 2014, 06:03:47 PM

Quote from: blaaaaacksuit on February 08, 2014, 06:02:14 PM

Quote from: CHAOSiTEC on February 08, 2014, 05:58:55 PM

Quote from: kaene on February 08, 2014, 05:57:49 PM

Quote from: ress on February 08, 2014, 05:53:25 PM

Quote from: blaaaaacksuit on February 08, 2014, 05:46:01 PM

Quote from: SeriousCoins14 on February 08, 2014, 05:36:32 PM

we just got hit with the biggest botnet in history.. Undecided

Don't think it's a botnet. Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.

you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500. Don't think this is some guy using a cloud. Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol

Crazy how fast the hashrate has risen. Say goodbye to double digit difficulty soon. 37 seconds per block, insane... Hope this means good things for the future.

or come money and we have a diff of 100+ and he turns off the mining

My concern as well, if we get good news about the new features though it could offset the higher difficulty with a bunch of new interest from 'normal' folks.

I'm still bullish.

This is what I'm banking on too. So are these hog miners. I hate that these dudes have the power to flood the market with coins if they so choose.

If you stop and think, he really can't. If he just started mining about 200 blocks ago, the most coins he could get is between 10 and 15k. Many who have been mining consistently have way more than that. After next diff, it's looking like reward will drop to 25, meaning he won't be able to get as much. If he solo'd all 576 blocks until the next increase and got them all, he'd only have 14,400 more coins. This isn't enough to flood the market.

The much bigger concern to me is the coin being stuck on very high difficulty.

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: BawsyBoss on February 08, 2014, 06:17:00 PM

Quote from: cryptohunter on January 18, 2014, 01:07:02 PM

Quote from: Xilard on January 18, 2014, 01:04:28 PM

This is stupid, only linux wallet on release.

Good, killed the coin... biggest cpu miners are linux anyway so let them rape and then windows folks will never use it.

All these new alts need to die.

I totally agree with you here. The only alts that should stay are those with proper distribution and that are actually useful or have a purpose that is not already covered by bitcoin.

> 1.Cryptocurrency
> 2. Proper distribution
> Pick one.

BawsyBoss

sr. member

Activity: 389

Merit: 250

Quote from: cryptohunter on January 18, 2014, 01:07:02 PM

Quote from: Xilard on January 18, 2014, 01:04:28 PM

This is stupid, only linux wallet on release.

Good, killed the coin... biggest cpu miners are linux anyway so let them rape and then windows folks will never use it.

All these new alts need to die.

I totally agree with you here. The only alts that should stay are those with proper distribution and that are actually useful or have a purpose that is not already covered by bitcoin.

CHAOSiTEC

legendary

Activity: 1358

Merit: 1002

Quote from: blaaaaacksuit on February 08, 2014, 06:13:21 PM

This is what I'm banking on too. So are these hog miners. I hate that these dudes have the power to flood the market with coins if they so choose.

your not the only one

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: drawing1211 on February 08, 2014, 06:10:58 PM

Quote from: CHAOSiTEC on February 08, 2014, 06:06:04 PM

Quote from: drawing1211 on February 08, 2014, 06:04:51 PM

Quote from: CHAOSiTEC on February 08, 2014, 06:03:47 PM

Quote from: blaaaaacksuit on February 08, 2014, 06:02:14 PM

Quote from: CHAOSiTEC on February 08, 2014, 05:58:55 PM

Quote from: kaene on February 08, 2014, 05:57:49 PM

Quote from: ress on February 08, 2014, 05:53:25 PM

Quote from: blaaaaacksuit on February 08, 2014, 05:46:01 PM

Quote from: SeriousCoins14 on February 08, 2014, 05:36:32 PM

we just got hit with the biggest botnet in history.. Undecided

Don't think it's a botnet. Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.

you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500. Don't think this is some guy using a cloud. Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol

Crazy how fast the hashrate has risen. Say goodbye to double digit difficulty soon. 37 seconds per block, insane... Hope this means good things for the future.

or come money and we have a diff of 100+ and he turns off the mining

My concern as well, if we get good news about the new features though it could offset the higher difficulty with a bunch of new interest from 'normal' folks.

I'm still bullish.

This is what I'm banking on too. So are these hog miners. I hate that these dudes have the power to flood the market with coins if they so choose.

drawing1211

newbie

Activity: 42

Merit: 0

Quote from: CHAOSiTEC on February 08, 2014, 06:06:04 PM

Quote from: drawing1211 on February 08, 2014, 06:04:51 PM

Quote from: CHAOSiTEC on February 08, 2014, 06:03:47 PM

Quote from: blaaaaacksuit on February 08, 2014, 06:02:14 PM

Quote from: CHAOSiTEC on February 08, 2014, 05:58:55 PM

Quote from: kaene on February 08, 2014, 05:57:49 PM

Quote from: ress on February 08, 2014, 05:53:25 PM

Quote from: blaaaaacksuit on February 08, 2014, 05:46:01 PM

Quote from: SeriousCoins14 on February 08, 2014, 05:36:32 PM

we just got hit with the biggest botnet in history.. Undecided

Don't think it's a botnet. Just a huge farm.

Just out of curiosity, how do you know?

A botnet shouldn't be so steady, this looks more like a guy working in a datacenter or something like that with a huge farm, it's really steady.

you need 20000 aws 32 core instances to mine at that speed

Nah, more like 500. Don't think this is some guy using a cloud. Not profitable like that, I think he owns what he's running.

well i guess its about time to buy my blade server lol

Crazy how fast the hashrate has risen. Say goodbye to double digit difficulty soon. 37 seconds per block, insane... Hope this means good things for the future.

or come money and we have a diff of 100+ and he turns off the mining

My concern as well, if we get good news about the new features though it could offset the higher difficulty with a bunch of new interest from 'normal' folks.

I'm still bullish.

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6969. (Read 9724097 times)