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Topic: DMD: is it worth it? - page 2. (Read 1651 times)

newbie
Activity: 8
Merit: 0
December 02, 2013, 10:36:22 AM
#7
At present China market has been opened, www.btc38.com China most fire trading platform, I hope DMD can the trading site or bit.
newbie
Activity: 25
Merit: 0
December 02, 2013, 09:30:42 AM
#6

I downloaded the wallet and waited until it synchronised. But in the bottom it still says Checkpoint too old, please wait for block chain to download or notify the developers. Is that normal?

By the way, price is still looking good   Cool
full member
Activity: 162
Merit: 100
December 01, 2013, 07:24:42 AM
#5
Diamond is a really interesting case of altcoin! Many ppl believe in it.
"If BTC is gold and LTC is silver, then DMD is, well, DIAMOND!!!"  Smiley

Some basic DMD facts and statistics:
- DMD is an ASIC-resistant scrypt coin.
- It combines proof-of-work and proof-of-stake, providing excellent resistance to 51% attacks.
- No pre-mining!
- It is super scarce: only 4.38 million DMD will be created in eight years. Linear creation means early users do not have an unfair advantage (no block reward halving ever).
- Block time is one minute and each block contains 1 DMD.
- Every day, 10 random contain 2 DMD (bonus blocks), 3 blocks contain 8 DMD (super blocks), and one block contains 30 DMD (super+ block)!
- Difficulty re-targets at every block.

Feel free to try our new pool: http://www.dmdpool.net
gmg
member
Activity: 108
Merit: 10
November 30, 2013, 04:03:02 PM
#4
I am mining with one 7870 card (250-280 Khash) and I'm getting 6 mBTC per day, which is A LOT more than the 0.2 mBTC that I'm getting when mining for BTC directly.

I started to mine to convert to BTC, but the price keeps climbing so I'm sticking to DMD instead!  Grin

Hope this helps you.
newbie
Activity: 2
Merit: 0
November 30, 2013, 02:19:09 PM
#3
I have no idea.

However, it looks interesting to see 3000% profit. Will check it and come back and reply you with my opinion.
newbie
Activity: 3
Merit: 0
November 30, 2013, 02:13:40 PM
#2
Looks like it is worth.
newbie
Activity: 25
Merit: 0
November 30, 2013, 02:09:25 PM
#1
Does anyone has any experience with Diamond (DMD)? It's very rare, i think only 200,000 coins or so exist, so it has a huge margin to increase in price.

I see difficulty has jumped from 0.05 to 0.40 and price on cryptsy also multiply 20 times!

Plus new pools are coming out (https://bitcointalk.org/index.php?topic=353396.new#new)!

And profitability compared to bitcoin is like 3,000% (according to coinwarz.com).

Looks interesting  Wink

Any ideas???
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