You know you can purchase hosting for <$0.10 US/kWh right? [...]
@Finksy: Would you happen to know if such a service exists in Europe, apart from the traditional hosting/colocation providers? Cheers!
Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 309. (Read 1201327 times)
May 05, 2016, 03:30:30 PM
@Finksy: Would you happen to know if such a service exists in Europe, apart from the traditional hosting/colocation providers? Cheers!
May 05, 2016, 02:35:43 PM
You know you can purchase hosting for <$0.10 US/kWh right? Why in the hell would you attempt to mine anything let alone own a fridge @ €0.24/kW? That is absurd, and certainly not grounds to discourage others from mining DCR based on your ridiculous rates...
The same calculations based on a typical North American rate of $0.10/kWh would net you $33/month in revenue using the same hardware.
The same calculations based on a typical North American rate of $0.10/kWh would net you $33/month in revenue using the same hardware.
May 05, 2016, 07:44:07 AM
wow 10th/s network hashrate..
Seems like there is quite a bit of interest in DCR...hashrate keeps climbing.
It's almost the most profitable coin to mine, and now that there is the dualminer with ETH, which is the most profitable coin to mine, it makes sense that hashrate would rise. I wouldn't necessarily expect price to rise though, more likely to drop as farms and stuff dual-mine and dump.
At this price and that diff. it isn't even capable of covering the energy bill.
I got 5 GH/s at 1.000 Watt.
1 KW = 0,24€
1*24*30*0,24 = 172,80€ Energy costs
Outcome = 2,5 DCR / day
2,5*30*0,0035 = 0,2625 BTC / month
1 BTC = 400€
400*0,2625 = 105 € revenue
172,80 - 105 = 67,80€ loss / month
Completely different picture over here. Residential electricity 0.05 cents US. Commercial below 3 cents. So it is profitable and Decred will see some hashing power coming from Eastern Europe.
not to mention that 5 giga for 1kw is wrong as fuck, i have 4.5 giga for 500w, so at 1kw, is 9 giga and not 5 = 45% more = 150 in revenue vs 170, still in loss, but not like his case
in fact ethereum is much more profitable, 240 euro per month for 700w per hour = 240 euro vs 130 euro = net of 110
May 05, 2016, 07:28:03 AM
I haven't been following dcr for some time now ... is the GUI windows wallet out there ... if yes does it support the staking feature
Native GUI wallet is coming soon, i think. It's already in testnet phase. In the meantime use browser-wallet "https://wallet.decred.org/"
I can't imagine a wallet would be easier to use than that. You can also make paper wallet, simply print the wallet seed to paper and use watch-only copy to checking balance, if you need to store that on computer.
If you want to stake, there's all you need: "https://wiki.decred.org/Solo_Stake_Mining" hardest part is to keep wallet online all the time. (power failures, connection failures)
May 04, 2016, 11:19:30 PM
I haven't been following dcr for some time now ... is the GUI windows wallet out there ... if yes does it support the staking feature
RFP-1 is progressing. A bit slower than people would like, but it's happening. Lots of improvements rolling into the software under the hood, which isn't always that visible, but it means once the GUI wallet is slapped on top of it, it'll likely be a much better user experience. By that time, Decred should have a number of mainnet stake pools ready and operational as well, which would move everyone closer to the important goal of decentralised voting.
May 04, 2016, 11:00:44 PM
I haven't been following dcr for some time now ... is the GUI windows wallet out there ... if yes does it support the staking feature
May 04, 2016, 10:41:38 PM
anyone else experiencing issues on yobit?
i have 80 dcr withdraw stuck for 2 days now...
i have 80 dcr withdraw stuck for 2 days now...
Have you tried contacting Yobit? Open a ticket?
The forum if filling up with yobit complaints..
They've never responded to any of mine either.
And wallets are forever on "maintainance" .. which seems to mean "out of sync and we are too lazy to fix"
they seem to disable wallets that are functional everywhere else.
and of course not respond to tickets
May 04, 2016, 06:40:51 PM
anyone else experiencing issues on yobit?
i have 80 dcr withdraw stuck for 2 days now...
i have 80 dcr withdraw stuck for 2 days now...
Have you tried contacting Yobit? Open a ticket?
The forum if filling up with yobit complaints..
They've never responded to any of mine either.
And wallets are forever on "maintainance" .. which seems to mean "out of sync and we are too lazy to fix"
May 04, 2016, 06:36:18 PM
anyone else experiencing issues on yobit?
i have 80 dcr withdraw stuck for 2 days now...
i have 80 dcr withdraw stuck for 2 days now...
Have you tried contacting Yobit? Open a ticket?
May 04, 2016, 06:23:49 PM
anyone else experiencing issues on yobit?
i have 80 dcr withdraw stuck for 2 days now...
i have 80 dcr withdraw stuck for 2 days now...
Have you tried contacting Yobit? Open a ticket?
May 04, 2016, 12:55:27 PM
anyone else experiencing issues on yobit?
i have 80 dcr withdraw stuck for 2 days now...
i have 80 dcr withdraw stuck for 2 days now...
May 04, 2016, 12:07:35 PM
wow 10th/s network hashrate..
Seems like there is quite a bit of interest in DCR...hashrate keeps climbing.
It's almost the most profitable coin to mine, and now that there is the dualminer with ETH, which is the most profitable coin to mine, it makes sense that hashrate would rise. I wouldn't necessarily expect price to rise though, more likely to drop as farms and stuff dual-mine and dump.
At this price and that diff. it isn't even capable of covering the energy bill.
I got 5 GH/s at 1.000 Watt.
1 KW = 0,24€
1*24*30*0,24 = 172,80€ Energy costs
Outcome = 2,5 DCR / day
2,5*30*0,0035 = 0,2625 BTC / month
1 BTC = 400€
400*0,2625 = 105 € revenue
172,80 - 105 = 67,80€ loss / month
Completely different picture over here. Residential electricity 0.05 cents US. Commercial below 3 cents. So it is profitable and Decred will see some hashing power coming from Eastern Europe.
May 04, 2016, 12:02:53 PM
That said, I do have some ideas on how to commercilalize Decred blockchain but it would need to become permissioned one, it would have to let go the currency altogether and do some heavy very specialized development for our industry needs. I'm not even going to ask Decred developers if they are interested cause obviously the answer is going to be no.
I have to agree with myagui on this one. It wouldn't be difficult to hire your own blockchain specialist. The real question I have would be why?
From your statements it sounds like you want a private blockchain in addition to a permissioned one. What would a blockchain do for your industry that a database doesn't? Unless it is going to interact with another public chain such as bitcoin, decred, or even ethereum.
Regarding hiring blockchain specialist I've already started these discussions. With regards to the use of the blockchain for our industry. It is actually perfect we have tones of compliance related stuff for each and every money transfer occuring. Plus compliance on each and every partner that we do and we have more than 500 partners worldwide. Everybody is collecting their own copy of the same info, everybody is driving each other crazy to get the documents apostilled by the govt to verify that they are indeed original. I can go on and on. Blockchain is perfect solution. When it comes to the actual money transfer bypassing SWIFT and regular financial system altogether is also great idea to make it all cheaper. Collecting passports of the sender and recipient on the blockchain for every stakeholder to see is also very useful.
May 04, 2016, 11:52:28 AM
That said, I do have some ideas on how to commercilalize Decred blockchain but it would need to become permissioned one, it would have to let go the currency altogether and do some heavy very specialized development for our industry needs. I'm not even going to ask Decred developers if they are interested cause obviously the answer is going to be no.
It` clear that there is no biz plan for Decred. Do you have one to offer? Or do you have any ideas?
Why don't we let the public decide what to use public Decred blockchain for. When it comes to our company or any company in money transfer business in the world the chances of using unpermissioned blockchain for its business activities are zero. That is unfortunate reality I repeat.
May 04, 2016, 11:48:46 AM
That said, I do have some ideas on how to commercilalize Decred blockchain but it would need to become permissioned one, it would have to let go the currency altogether and do some heavy very specialized development for our industry needs. I'm not even going to ask Decred developers if they are interested cause obviously the answer is going to be no.
Take your government cock-sucking regulatory permission ideas and shove them up your ass!
This post is reported to moderator. But I just want to say to everybody, make no mistake I'm not in favor of total gov-t regulation of everything and definitely support public blockchains. All I'm saying is that unfortunately the future is not going to be what we would've like it to be.
May 04, 2016, 07:00:49 AM
May 04, 2016, 06:35:35 AM
very much needed gui wallet. Dev any progress
Read above
May 04, 2016, 06:20:52 AM
very much needed gui wallet. Dev any progress
May 04, 2016, 06:19:38 AM
What about GUI wallet?
RFP-1 is progressing. A bit slower than people would like, but it's happening. Lots of improvements rolling into the software under the hood, which isn't always that visible, but it means once the GUI wallet is slapped on top of it, it'll likely be a much better user experience. By that time, Decred should have a number of mainnet stake pools ready and operational as well, which would move everyone closer to the important goal of decentralised voting.
May 04, 2016, 06:03:21 AM
What about GUI wallet?
Considering how few nerds there are vs newbs ... GUI wallet is a huge tool to get group 2 on team.
Or you can stick with the hardcore nerds comfy with command lines
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