Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
AlexGR
on 12/05/2014, 19:15:16 UTC
One note though: Whether DRK will be profitable to mine or not, will not only depend on the block reward but also coin price. If, by the time X11 asics come, there are like 50-80-100 x11 coins, it might be the case that many of them might be more profitable to mine. The large number of x11 coins, is, in a sense, a guarantee for ASICs appearing at some point.

Sure, an abundance of X11 coins would make ASICs appear for X11. But, if none of them are pointed at a DRK pool, we still have The Bomb scenario, but then ANYONE could drop it.
How viable is it to somehow make it so that all the X11 networks are actually one network?  You mine DRK, you shore up the networks of other coins as well.

Hopefully that makes sense.

I think it would be great for X11 to have merged mining of multiple (or all?) X11 coins.

DRK's diminishing rewards with escalating hash is good for low inflation but can be a problem for protecting the network in the long run if it's not profitable to mine.

Merged mining would render X11 mining very profitable (multiple revenue streams for miners who dump x11 clones and shitcoins) and lend tonz of hashpower to the DRK network that it would otherwise not have. The thing is, is it doable? What would it require? I have no clue.