Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
JGCMiner
on 23/06/2014, 12:16:13 UTC
With the low heat/power needed for mining why not run a few. I threw 2 cards into my server to mine since its running 24/7 anyways.

+1

That's what I am talking about. Thanks for your service to the God of Darkness!

I am not saying that no one should mine. Just questioning how to motivate miners. MN owners are motivated by the 20% / block value taken from the miners. So miners get 20% less with MN payments on. That is a fact.
And the question to mine or not to mine - lets say you can rent out your mining power for 0.001 BTC / Mhs. Lets assume you have 200 Mhs on hand. Makes 0.2 BTC/day. With current price 0.0165 its aproximately 12 DRK/day. Which is almost double what you would get while mining directly.

And yes, I mine DRK, but my primary goal is to get as much DRK/day as possible, with the expectation of price rise.

An extra 20% will do little to help the situation you describe and the price of the coin would be lower because there would be no MN positive feedback loop.  In the short term (i.e. before the coin really gets adopted by merchants and the like), you are likely down in terms of fiat even getting the full subsidy (and while not having masternodes).