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  1. Checkerama

    DASH mining in any capacity is officially dead

    It does pull back from time to time, but to hit the ceiling so soon with just a few months of ASICs is honestly crazy you know
  2. Checkerama

    DASH mining in any capacity is officially dead

    Off, but not unheard of. I mean, we are talking about the necessity for more hashrates to incentivize and prove to investors that DASH can handle the transactions of the masses one day. It would be a win-win for everyone.
  3. Checkerama

    DASH mining in any capacity is officially dead

    Oh my God you are so off on the whole purpose of this thread why are you still talking like you know what you're talking about??? DASH will still run on ONE miner? LOL, how dumb can you get, honestly? Do you know what happens when transactions surpass network hashrate capability? A fuckton of...
  4. Checkerama

    DASH mining in any capacity is officially dead

    I might've missed that part in my calculations - the change in difficulty is determined on block generations. I don't think lowering the difficulty is necessary, but I think the rate of which it changes needs to be slowed down. This would obviously have the effect of lowering difficulty, but it...
  5. Checkerama

    DASH mining in any capacity is officially dead

    You have 0 idea what is going on in this thread. Please leave. I haven't even mentioned the price of Bitmain's D3.
  6. Checkerama

    DASH mining in any capacity is officially dead

    The ROI I represent is the one that all miners will have to face as the hashrate goes up along with the difficulty. As stated and calculated before, DASH difficulty rises at a rate 4 times faster than bitcoin for every arbitrary hashrate added to the system. In other words, if price was equal...
  7. Checkerama

    DASH mining in any capacity is officially dead

    I'll see if I can make any correlations between those. Thanks! But I will stick to my current argument that the algorithm currently set up is, comparably, four times less profit than btc would've made back then. That's of course, extrapolating the data that I've garnered today. I can see what...
  8. Checkerama

    DASH mining in any capacity is officially dead

    Thanks for the patience - I've whipped up a quick article based on our conversation to really convey the problems I am seeing with the algorithm and how it fails to incentivize a worldwide, decentralized, mining adoption. Check it out...
  9. Checkerama

    DASH mining in any capacity is officially dead

    Not the reward system I'm concerned about, but I will make the comparison soon enough. It's more about how the system handles high TH/s that I'm concerned about - a crucial necessity to DASH scalability
  10. Checkerama

    DASH mining in any capacity is officially dead

    The only error was believing DASH had a shot at being a global crypto competitor should've known as soon as bitmain didn't accept dash for D3s. Garbage algos are garbage.
  11. Checkerama

    DASH mining in any capacity is officially dead

    Thank you for clarifying the collaterized mining portion (sigh of relief) and I would have to agree - this is a market with lots of losses and lots of gains. A gamble, so to say. If you say that the dev team can't do anything about it, then I don't understand the purpose of governance in your...
  12. Checkerama

    DASH mining in any capacity is officially dead

    Not to badmouth, like I've been doing this whole time, but I would have to agree - majority of your masternode owners don't have a business or scalability mentality when it comes to the opportunity cryptocurrency has to offer and generally vote whatever way the core developers say is the best...
  13. Checkerama

    DASH mining in any capacity is officially dead

    Did I just not point out that I don't care about short term profit? Its the pathetic 2 DASH a year that one 1500 dollar ASIC miner would use up. Who, in their right mind, would think "im gonna win everything back in a couple of years if I just spend thousands of dollars in electricity and...
  14. Checkerama

    DASH mining in any capacity is officially dead

    I also want to make it clear that yes, the link details a merging of masternode and miners in order to determine hashrate, but also requires someone to hold a masternode to do it. That means the person would have to have 1000 DASH... now worth 450,000 dollars, to be able to "mine" DASH. That's...
  15. Checkerama

    DASH mining in any capacity is officially dead

    Thanks for your constructive reply - but honestly the link says nothing other than bigger blocks. Bigger blocks require stronger machines... which brings me back to my original point; how exactly do they plan to incentivize miners when their profitability is hard capped at 1500 TH/s? Who is...
  16. Checkerama

    Will mining Dash become profitable again?

    I've been playing the game far longer than you have matey. I switched from bitcoin to DASH because I thought this had a promise of global presence on it when it came to its technology. Right now, it just reeks of disappointment and a handful of community members that think they're the adults in...
  17. Checkerama

    DASH mining in any capacity is officially dead

    I appreciate a reply especially from someone on the DASH team. Now I think the misconception in your first point might come from thinking I am comparing algorithms... so let me be clear on this: I have not determined a network more secure based on hashrate. As a matter of fact, X11 might only...
  18. Checkerama

    Will mining Dash become profitable again?

    And you're telling me bitcoin has this problem too? LOL - theres a fuckton of bitcoin miners who arent losing all of their profits so quickly. The miners JUST came out a few months ago, and now you're talking about natural selection between the months of August to November? Not even a year? Get...
  19. Checkerama

    Dash so high difficulty

    Yeah, because thats how they pay the electricity meant to support the infrastructure, much like how the 5% governance budget is meant to support the development infrastructure. The mining difficulty is so high and the profits so shit that none of that can currently happen unless you're mining...
  20. Checkerama

    Dash mining calculator widget

    Cool I can watch myself lose profits to electricity with a fancy new widget :D I'm kidding im a little cynical - it looks cool!
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