Lol @ trying to start a pump thread and getting rekt
This shitcoin is even scammier than i imagined. Someone needs to go jail over this shit
This shitcoin is even scammier than i imagined. Someone needs to go jail over this shit
I don't imagine the State of Arizona takes kindly to HYIP schemes, especially when they involve both unregulated financial products and illegal money laundering.
Anyone have a handy link to their AG's office and Dept of Consumer Protection?
That's only the beginning. Just at the state level, there are probably a dozen other TLAs who strongly disapprove of crap like this:
In order to run a Masternode, an investor needs to buy 1000 DRK/DASH as collateral.
DASH ROI
You can estimate like this:
- Currently Masternodes get 40% of the block reward.
- The minimum block reward in DASH(DRK) is 4.65 DASH at this moment. I will assume difficulty is high enough so that we are dealing with the minimum reward for a worst case scenario situation, sometimes there are blocks with higher rewards. The minimum DASH block reward decreases by 7% annually to avoid abrupt block halvings, that already happened earlier this year so 4.65 DASH will be valid until next year.
- Average block-time in DASH is 2.5 min, so there are ~576 blocks per day. So 576*4.65DASH*40% = 1071.36 DASH alloted for the whole masternode network currently, we need to divide this by the 2300MN active masternodes. This gives us
~Monthly masternode income = 13.97 DASH
~Current Minimum DASH Annual ROI = 17%*
*This will change and go up throughout this year as the masternode network reward share will continue to increase each month to incentivize node creation following this schedule:
DASH ROI
You can estimate like this:
- Currently Masternodes get 40% of the block reward.
- The minimum block reward in DASH(DRK) is 4.65 DASH at this moment. I will assume difficulty is high enough so that we are dealing with the minimum reward for a worst case scenario situation, sometimes there are blocks with higher rewards. The minimum DASH block reward decreases by 7% annually to avoid abrupt block halvings, that already happened earlier this year so 4.65 DASH will be valid until next year.
- Average block-time in DASH is 2.5 min, so there are ~576 blocks per day. So 576*4.65DASH*40% = 1071.36 DASH alloted for the whole masternode network currently, we need to divide this by the 2300MN active masternodes. This gives us
~Monthly masternode income = 13.97 DASH
~Current Minimum DASH Annual ROI = 17%*
*This will change and go up throughout this year as the masternode network reward share will continue to increase each month to incentivize node creation following this schedule:
And the Feds will not be amused either. I hope Duffman likes JBTs and PMITA prison.
