Reddit Posts
How to store your secrets in a secure format
Where to sell DMM or DMG governance token
Bull Theory on Crypto, NFTs and the Exponential Expansion of Computer Science: Take Into Consideration The Historical Evolution of Technology. Consider That Up Until the Early 20th Century Most Could Not Comprehend the Combustion Engine Would Ever Fully Replace the Horse
10,000 ASIC Farm in Canada Walkthrough - DMG Blockchain
Crypto Miner DMG Blockchain Purchases 1,800 Next-Generation Bitmain Miners
Mentions
Yes, wallet is password protected. No, seed phrase was printed out and stored as a hard-copy. There is no way to access it. I just read about malware concerning a trojan called Activator hidden in a DMG for an app called xScope, but I never installed anything like this.
Just off the top of my head, in no particular order: * Make SURE you have the correct DMG for *your particular chip*. Apple came out with M1 (and M2?) chips ... Click your "apple" icon in the upper corner, then "about this mac" then "more info --> You're looking for *which specific processor (or chip) your mac has*. Go looking for a DMG for what you're actually running. * Make sure that you get a DMG from an official site, and not one designed to *appear* to be official * Make sure you have enough unused disk space * "Right click" on the DMG in your Finder list, (control-click)... you'll see a popup menu with "Open" and "Open with..." or something like that
10$ Wrench. It gives u double attack DMG.
You need to give the software installed (a DMG) your system password for it to do anything. Don't install DMGs from random websites. Or EXEs. Or MSIs. Your computer is as secure as you want it to be, the OS doesn't really matter.
This newly discovered malware called ‘Atomic’ is being sold to cybercriminals. For a steep price of $1,000 per month, buyers can access a Disc Image File (DMG) file containing a 64-bit Go-based malware designed specifically to target macOS systems. This malware has the capability to steal sensitive information such as keychain passwords, files from the local filesystem, passwords, cookies, and credit cards stored in browsers. ‘Atomic’ also has the ability to extract data from web browsers and cryptocurrency wallets, including popular ones like Atomic, Binance, Coinomi, Electrum, and Exodus.
I’m gonna order one of those offline Gameboy cartridge’s when they get released.. I can’t wait to use my customised DMG gameboy or Analogue Pocket as Offline ETH Wallet
I learned today that my favourite HW wallet is gonna be my DMG gameboy! I can’t wait for that cartridge to come out 🥰
I still have my DMG-01, GBC and a couple of GBAs.
It looks amazing and I like that you can put one of your NFT’s on the back of the device. I love E-ink screens as it gives me major nostalgia to the 80’s DMG Gameboy!
Why is no one acknowledging that the anonymous hacker pretending to be Robin Hood is part of a criminal organization that executed the countertrade scheme that robbed people of millions of dollars? 3Commas definitely fucked up here, but so did Binance and the other exchanges by failing to monitor sudden spikes in activities on coins that have been flatlined for months. If you look at the price charts for DMG, one of the coins used in the countertrade scheme, you see spikes in buys on two occasions a few days before the attacks began on the 19th. Then all of a sudden a bunch of accounts start dumping their BTC, Tether, ETH, etc. to go on a buying frenzy of DMG. And what does Binance do? Nothing.
Nothing is impossible to hack, especially consumer devices. But yes, unless you do something very illegal, or download not_a_virus.DMG, you're unlikely to get breached assuming you set everything up properly and don't somehow send your wallet into the cloud, or something like that. If you have a second phone you don't use, it's the same as having a cold wallet. What I would be personally scared of is just the tendency of phones to just stop working because they're made to be replaced every year or two, but as long as you have your recovery phrase, you're gonna be ok.
Through an investigation, the 3Commas team discovered multiple fake websites claiming to be 3Commas were used to phish information by tricking users into connecting their exchange accounts to fraudulent web interfaces. "The API keys were then stored by the fake website and later used to place the unauthorized trades on the DMG trading pairs on FTX," 3Commas said — also noting that third-party browser extensions or malware may have been involved.
tldr; 3Commas and FTX found that API keys linked to the former were used to conduct unauthorized trades for DMG trading pairs on the latter. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
According to reports, the FTX user discovered that his account using the 3Commas API, has traded the DMM: Governance (DMG) token more than 5,000 times, leading to the loss of about $1.6 million worth of assets, including Bitcoin, Ether, and FTX tokens.
What Is DMM Governance (DMG)? Founded on March 15, 2020, the DMM Governance token was designed to support the DeFi Money Market (DMM) Ecosystem, which aims to help connect off-the-shelf assets with the crypto community. The DMM system is decentralized, transparent and designed to enable everyone to re-earn interest in their currency which is backed by real assets represented on the network. The DMM governance token, DMG, is the tool through which the community can govern and grow the DMM ecosystem and the protocol itself. Ownership of DMG represents the right to govern the parameters of the DMM Protocol and the introduction of new assets to the ecosystem. The decentralized community that governs the DMM decentralized autonomous organization (DAO) can vote on modifying the DMG tokenomics and utility, through which they can claim excess revenue that is generated by the DMM ecosystem. This token is a fork of Compound’s (COMP) governance token with added capabilities that include meta-transaction support and a native burn function.
Samson and maxis are a model of hypocrisy, and one of the worst things to happen to crypto. [Samson and other prominent maxis launched an equity token on ETH last year](https://cointelegraph.com/news/bitcoin-maximalists-accused-of-shilling-an-sec-cleared-token) They ignore that [0.1% of BTC miners control 50% or more of hashpower](https://www.nber.org/system/files/working_papers/w29396/w29396.pdf). And perhaps miner centralization has something to do with [the heavy centralization of BTC supply](https://medium.com/@bawdyanarchist/bitcoin-supply-distribution-c513722e62a8). Miner centralization (whether geographic or corporate) could be dangerous, seeing as [there are already moves towards OFAC compliance by Bitcoin miners](https://www.globenewswire.com/en/news-release/2021/01/05/2153647/0/en/Marathon-Patent-Group-and-DMG-Blockchain-Solutions-to-Form-the-Digital-Currency-Miners-of-North-America-DCMNA-and-Launch-North-America-s-First-Cooperative-Mining-Pool.html ) They ignore that [lack of privacy makes using Bitcoin for sensitive transactions dangerous](https://www.coindesk.com/policy/2022/02/16/canada-sanctions-34-crypto-wallets-tied-to-trucker-freedom-convoy/). The multi-billion dollar chain analysis industry is watching every transaction you make. They pretend that Lightning will make everything private, [when their own lead developers publish the primary attack vector](https://arxiv.org/pdf/2004.00333v1.pdf) that [Chainalysis is already using to surveil LN](https://blog.chainalysis.com/reports/lightning-network-support/). But even if it was private, you still can't spend more than about $200 at a time. Even the IRS threshold is $600 for Paypal. And this is merely the tip of the iceberg. I used to be close to a maximalist myself. But the hypocrisy and religious fervor drove me away. To the point that I don't even want to own Bitcoin anymore. I'm happy to own Eth, Monero, and a few others to cover my needs. But I just really can't get positive on BTC until the fix their community, and/or innovate like I've seen in other places.
As much as i would love to agree with you I dont think this will be the case. Why dont I think that? Because it is already showing that this is not the case. I am quite heavily invested in publicly traded Bitcoin Mining Companies - such as MARA, BITFARMS, HUT 8, ARGO and DMG Blockchains. These miners already have quite the substantial amount of hashrate when measured on a global scale, and there are quite a few more big players in the game. These companies are NOT SELLING there bitcoin. They wont start "holding for 4 months in 2024" they have been mining and holding for over a year. They are bitcoin miners. Meaning they are bullish on bitcoin. Therefore it doesnt make sense for them to sell the coins unless they absolutely have to. This is where the change in our institutional landscape comes in. They used to have to sell the mined coins to keep the lights on, the workes fed and the machines running. This is not the case anymore. Most publicly traded miners I mentioned - and many more - have uplisted to the big US Capital markets. This gives them much more access to easy capital and allows them to run their operations without ever selling a single bitcoin (Some even have them in yield agreements and use the yield to pay their fiat bills). I am very bullish on bitcoin long term. Due to broad adoption, the asset becoming more and more stable in price movement and therefore becoming more and more appealing to institutional state investment vehivels such as insurances, bonds, hedge funds, even state and county funds. But not because of a supply shock anymore. Sure demand will most oikely still outweigh demand - but not mainly because of the shrinking supply but because of a rising demand. 90% of all the BTC that will ever be mined have been mined. Meanig the Stock to flow ratio is already quite small with every block mined. It will become smaller and smaller with every halving, and therefore making the impact the newly minted blocks have on the market less and less significant.
I made a few bucks on DMG but after making a profit and being naive before I bought back I did little digging the problem is that their market cap is $156 million and they only HODL 250 bitcoins. That means they're valued at 10x their Bitcoin holdings on their balance sheet. HUT8, and BITFARMS are better but not by a lot. Doesn't mean the stock won't pump though but just be aware of the valuation and how it doesn't justify what they HODL or the rate at which they mine.
I've only heard results from DMG in Canada, which sounded very promising on S9 and S19s. Is that one of the big miners that's reporting that immersion isn't worth it?
Good call, bot. Thanks. [BlockSeer | DMG Blockchain Solutions](https://dmgblockchain.com/blockseer/) People can read about it from the source if they don't trust Coin Telegraph
tldr; DMG has become the first Canadian Bitcoin miner to join the mining pool of Marathon Digital Holdings, Inc. (Nasdaq:MaraPool) commonly referred to as MaraPool. The pool provides its members with industry leading transparency, an intuitive reporting system, and access to exclusive services from NYDIG. DMG will begin pointing 100% of its hashrate towards the MaraPool on September 13, 2021. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I thought DMG and Agro were building a green energy mining pool? What happened to that? https://www.coindesk.com/markets/2021/03/26/argo-blockchain-dmg-to-launch-clean-energy-bitcoin-mining-pool/
tldr; MaraPool is a U.S.-based Bitcoin mining pool that is focused on reducing the environmental impact of Bitcoin mining through carbon neutral mining. The pool provides its members with industry leading transparency, an intuitive reporting system, and access to exclusive services from NYDIG. DMG will become the first North American Bitcoin miner, excluding Marathon, to join MaraPool. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
> This is possible by banks in fiat, but impossible in crypto Of course it's possible in "crypto", and even in Bitcoin. Look at what DMG and MARA were (and maybe quietly still are) trying to do with their KYC/AML mining cartel.
> Create memorable, but strong and long encryption key (password) for your DMG / image. Kidnapped until you hand it over. > Best to use a "burner" cloud account What happens when they nuke your access out of nowhere?
Why DMG? Could it be simply PGP encrypted or Keepass DB with millions of rounds?
But how will you know if an unscrupulous Apple employee is trying to crack your DMG?
Yeah, you are right, for ordinary person it's much easier to offload to some exchange. However if you are already on a MAC, it's not very difficult to create a DMG from file. It's a matter of opening disk utility and creating new image. [https://success.orah.com/en/articles/1743813-how-to-create-encrypted-dmg-archive](https://success.orah.com/en/articles/1743813-how-to-create-encrypted-dmg-archive) Linux and Win might be more complicated.
Glad someone from the tech is using this protocol. I've always wondered if AES256-encrypted DMG images stored on a cloud is safe enough. Why do you say only for temp. storage? If the password of the DMG is strong enough (lets say 20 characters), it should basically be safe forever, right?
>Create memorable, but strong and long encryption key (password) for your DMG / image. This will be a weak link, so might get creative with it.Might use some combination of info on your ticket/etc that will be available to you after travel is done. >It takes a decade to crack the encrypted DMG. As you imply with your "weak link" comment, doesn't the potential weakness of the encryption password defeat the efficacy of the "decades to crack" encryption? And wouldn't using ticket info make things even worse as you're using info that anyone can access, rather than something purely memorized? I feel like this process isn't any better than say, writing down half your seed phrase and memorizing the other half. The more you memorize, the more secure, but the more easily forgettable. But the same payoff applies to the encryption password you mentioned?
The steps are nonsensical: why is creating the encryption key happening *after* putting your seed in? Setting up secure storage should be done before, not after. IMHO "encrypted DMG" is a peculiar choice of format though if you live in Mac land it may make sense to you. The end result seems roughly equivalent to Cryptomator (I'd suggest that for people wanting to set up a securely encrypted cloud-hosted volume). For a seed backup IMHO you might as well use Tails w/persistent volume instead. Not for the cloud (well technically you *can* store that on a cloud too but it's not designed for it).
LMFAO.... etc IS GREEN.... DMG all over that one lol
Yes - Terra Pool, which consist of a hashrate from DMG Blockchain Solutions and Argo Blockchain, which is currently using the energy generated by hydropower resources. They call it the world’s first clean energy mining pool. [https://hunchmag.com/now-it-is-possible-to-mine-environmentally-friendly-bitcoin-the-terra-pool-runs-on-clean-energy/](https://hunchmag.com/now-it-is-possible-to-mine-environmentally-friendly-bitcoin-the-terra-pool-runs-on-clean-energy/)
tldr; The US Security and Exchange Commission (SEC) has taken action against an unregistered sale worth over $30 million. The company sold two types of tokens — mtokens and DMG governance tokens. The SEC imputed two Floridian men, Gregory Keough and Derek Acree, the company's top executive. They were charged with misleading investors about the operations and profitability of their business. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
TLDR >One problem with the platform’s business model was that, while the real-world assets it intended to purchase would generate sufficient income to pay interest, they might not cover the appreciation of investors’ principal if prices for volatile cryptocurrencies rose, the SEC said. >Messrs. Keough and Acree didn’t notify investors of the issue, the SEC said. Instead, they concealed how the business was operating and moved money from a separate firm they ran, the Florida Finance Company, to pay investors. >DeFi Money Market announced in February on its website and Twitter account that it had received an investigative subpoena from the SEC on Dec. 15, 2020, and was shutting down. It said it would allow redemption of mTokens indefinitely and that it was setting up “an additional fund of available assets” to allow DMG tokens to be redeemed.
> The parties used smart contracts to sell mTokens, which promised 6.25% returns and DMG governance tokens, which supposedly gave holders voting rights and a share of excess profits from future sales. The order found that due to the digital assets’ ongoing price volatility, the returns promised to investors could not be made. The respondents allegedly chose to conceal that from investors, instead misreporting company operations and providing initial interest payments from personal funds and from other companies they owned. Good for the SEC. People are going to ignore the article and assume from the headline that this is a bad thing, but its not. Fuck these guys, its good to see somebody doing something about scammers like this. The Crypto space has far too many of them.
*"The parties used smart contracts to sell mTokens, which promised 6.25% returns and DMG governance tokens, which supposedly gave holders voting rights and a share of excess profits from future sales. The order found that due to the digital assets’ ongoing price volatility, the returns promised to investors could not be made. The respondents allegedly chose to conceal that from investors, instead misreporting company operations and providing initial interest payments from personal funds and from other companies they owned."*
Other than JPMorgan stepping into the crypto economy, Bitcoin has had a slow week. However, it was a memorable week for Ethereum, with the launch of their new London hard fork upgrade. So let’s dive in and check out everything else that happened this week in the crypto world. Bitcoin Banking giant JPMorgan Chase has launched a new Bitcoin trading fund for private clients. According to reports, the fund will be passively managed and offered in partnership with Bitcoin powerhouse NYDIG. Ethereum The much anticipated Ethereum Improvement Protocol 1559 or “London hard fork” went live on August 5th. The London hard fork plans to introduce several Ethereum Improvement Proposals, the most hotly anticipated of which is the EIP-1559 which aims to make transaction fees more predictable and will introduce a base-fee burning mechanism which will effectively work to limit supply and is expected to create a deflationary aspect to Ethereum. DeFi Popsicle Finance has become the latest DeFi protocol affected by a bug that has enabled hackers to extract $25 million by exploiting the reward debt mechanism. Business Brian Brooks has announced his resignation as CEO of Binance.US, the American branch of Binance, the global cryptocurrency exchange, which has been the subject of recent regulatory oversight across the crypto industry. Altcoins The Bitcoin SV blockchain was the target of two 51% attacks this month, further tarnishing its reputation in the crypto community. The latest attack began on 3rd August 2021, when a group of miners initiated a chain reorganization. The miners ended up creating three different versions of the blockchain, and all three of the chains were being mined by different mining pools simultaneously. Regulations The final vote on the $550 billion infrastructure legislation bill was delayed as disagreements continued over tax-based reporting requirements for cryptocurrency transactions and other issues. Blockchain Credit Partners (BCP) has settled over $12 million worth of disgorgement after consenting to a cease-and-desist order from the US Securities and Exchange Commission. The SEC order states that the now defunct firm offered and sold mTokens and DMG governance tokens without proper disclosures on its forward-looking statements, such that the digital assets were sold and offered despite price volatility, growing the risk of imbalance between its actual generated income and the amount of appreciation to be covered for investors’ principal. NFT As part of a celebration marking its 200 year anniversary, Luxury brand Louis Vuitton is launching a video game that includes artwork from the well-known NFT artist Mike ‘Beeple’ Winkelmann. The NFT based game contains historical and anecdotal stories of the founders life, with the player of the game going on a quest to reach a special destination. Other Former Monero developer Riccardo ‘Fluffypony’ Spagni has been arrested on non-crypto fraud charges from 2011.
The tokens were mtoken and DMG. Offered ~6% interest. Scam.
The governance token was literally called DMG (sounds a lot like *damage*!). 
'The two men allegedly sold two different types of digital tokens, which included mTokens that paid 6.25% interest and DMG governance tokens that were said to give holders rights to vote and share excess profits. Keough and Acree allegedly claimed that DeFi Money Market could pay interest and profits by using investor assets to buy real-world assets that generated income, such as car loans. The SEC, however, says that the price volatility of the digital assets used to buy the tokens was too high, presenting a significant roadblock to Keough and Acree’s ability to pay for the appreciation they promised with each token. Instead of notifying their investors, the two men allegedly claimed that DeFi Money Market had purchased car loans and allegedly used personal funds as well as funds from another company to pay off mToken redemptions.'
“The SEC also claims Gregory Keough, Derek Acree and their DeFi lending company, Blockchain Credit Partners, misled investors about the operations and profitability of their business DeFi Money Market. The two men allegedly sold two different types of digital tokens, which included mTokens that paid 6.25% interest and DMG governance tokens that were said to give holders rights to vote and share excess profits.” Sounds like the SEC did right here
Wow I actually bought the DMG ICO and shilled it here. I eventually sold for profit after I lost faith in the project. They got shut down a few months later. Maybe I shouldn't even be saying this....lol.
>According to the order, in offering and selling mTokens and DMG governance tokens, the respondents stated that DeFi Money Market could pay the interest and profits because it would use investor assets to buy “real world” assets that generated income, like car loans. However, the order finds that after publicly unveiling DMM, the respondents realized that DeFi Money Market could not operate as promised because the price volatility of the digital assets used to purchase the tokens created risk that the income generated through income-generating assets would be insufficient to cover appreciation of investors’ principal. The order finds that rather than notifying investors of this roadblock, the respondents misrepresented how the company was operating, including by falsely claiming that DeFi Money Market had bought car loans that they displayed on DeFi Money Market’s website. While the respondents controlled another company that owned car loans, DeFi Money Market never acquired an ownership interest in any of those loans. Instead, the order finds that the respondents used personal funds and funds from the other company they controlled to make principal and interest payments for mToken redemptions. so does this mean they didn't do anything with the token, but used their money instead and pocketed what they received in crypto? can someone explain this to me?
I have been to MG2/DMG but haven't played continously for more than 2-3months ever because of the time crunch. But playing alone is challenging after and I have silver friends :P And you are a whale here and there 😆
If you’re interested in investing in the companies that set this type of thing up, here’s one: https://www.globenewswire.com/news-release/2021/03/02/2185365/0/en/DMG-is-Selected-by-Ecopwrs-LLC-for-Developing-and-Managing-its-Bitcoin-mining-operations-in-the-USA.html
I flipped a bunch of Gameboy DMGs a few years back.. installed the backlight kit and bivert chip mods. Bought em on the goodwill auction, repaired and cleaned them. Modded them with a little soldering and careful manipulation of the polarizing film.. 10-15x on every one. Saved one for myself (OG clear DMG gameboy, complete and mint condition) that I keep on the coffee table with a copy of the OG tetris on it for anyone who wants to kill some time.
So buy a blockchain mining stock like hive or DMG. More stable than bitcoin and greater returns
You buy them on a stock broker. Many of them are publicly listed. HUT8, Bitfarms, Marathon Digital Holdings, Argo, DMG Blockchain - to name a few of the leaders.
This company, Argo Blockchain, started a pool with another company, DMG Blockchain Solutions, for 100% clean energy mined BTC. They’re also part of the Crypto Climate Accord and the Bitcoin Mining Council. While I wouldn’t put it past them to use some fossil fuels, they’ve branded themselves as a green BTC miner. It would go against this brand to go the traditional route and take energy from Texas’ grid as the majority of Texas’ power is from fossil fuels.
> Nobody is going to wine about the "80% of bitcoin is mined in US or Canada" :) Acutally, that's a bad thing, because the U.S. can try to enforce KYC/AML against miners operating in its territory. You want Marathon's business model to be enforced by government? Go ahead and encourage miners to relocate to Texas. Or Canada, same thing, DMG Blockchain Solutions which started the whole idea of KYC/AML mining is located there.
even if he is not a shill, it's still a s(h)illy post that could get newbies to fomo in. If he is not a shill then he needs to be told right away that shitcoins pump and dump the whole time. Out of respect for those who are reading, DMG, a coin whose team dropped the ball months ago because of a sec investigation, during the massice bitcoin crash 2 weeks ago went from 5 cents to 50 cents. It is now trading again at 5 cents. **A shitcoin pumping while bitcoin dumps is most probably a pump and dump to lure in dumb money chasing losses.**
tldr; Marathon Digital is moving away from "OFAC-compliant" mining. The mining pool began validating blocks on the Bitcoin network at the beginning of May using wallet risk-scoring software from DMG that filtered out transactions involving wallets that appear on the U.S. Treasury's Office of Foreign Asset Control. Over the course of May, the pool minted 226.6 BTC under this system.{} *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Marathon Digital is moving away from "OFAC-compliant" mining. The mining pool began validating blocks on the Bitcoin network at the beginning of May using wallet risk-scoring software from DMG that filtered out transactions involving wallets that appear on the U.S. Treasury's Office of Foreign Asset Control. Over the course of May, the pool minted 226.6 BTC under this system.{} *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Bitcoin and DMG Blockchain, this is the way
Whats the story with DMG? They were up 600% earlier today.
I understand your point but the problem is that every mining pool can and likely eventually start implementing a censorship agenda such as the one that Marathon is currently participating in that can be seen here: https://www.globenewswire.com/news-release/2021/01/05/2153383/0/en/Marathon-Patent-Group-and-DMG-Blockchain-Solutions-to-Form-the-Digital-Currency-Miners-of-North-America-DCMNA-and-Launch-North-America-s-First-Cooperative-Mining-Pool.html IMO the greater good would be for mining to be built into every high and small end electronic component we use today and mining would become more like a lottery rather than wealthy individuals or corporations investing in massive pools.
Well both ARBKF and DMG have signed a green energy accord. ARBKF are also looking at getting Nasdaq soon so I think their share price should do well over the next few months. ARBKF have been pushing renewable energy since their inception, so its not just a reaction to Elon either. I'm bullish on both bitcoin and ARBKF long term but a short term dip on both wouldn't necessarily surprise me. However with ARBKF so undervalued already, I don't think they could get much lower, even if btc hits 30k.
No one does.. you speculate and hope for the best DMG had a great team and went to 0
tldr; Bitcoin mining company Argo has purchased a 320-acre plot of land in West Texas to build a new 200 megawatt mining facility. The company has also partnered with DMG to establish and run an environmentally-friendly mining pool that will be powered by clean energy. Argo already has six mining operations in Canada and the US and is celebrating record first quarter revenues. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
these kids have nothing to do with DMG lol you will get scammed!
DMG Blockchain are scammers looking to collect personal information for selling to third parties. >Introducing The Blockseer Pool A North American Mining Pool dedicated to transparency and good governance. Sign up today to start the KYC process and become a public beta participant. https://dmgblockchain.com/
tldr; Canada-based DMG has announced the purchase of 3,600 bitcoin ASIC miners which will increase the company’s total bitcoin mining hash rate capacity to over 500 peta hashes per second. DMG is regularly evaluating and negotiating with leading Bitcoin mining equipment manufacturers for further purchase orders in accordance with its immersion retrofitting schedule, which facilitates additional purchases, as appropriate. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Have you looked at the PiBoy DMG? N64 games on a handheld. It will be my present to me when I cash out :)
Slightly unrelated, but just been looking at a PiBoy DMG and very tempted to reward myself with some gains. Anyone got one?
tldr; A joint venture by Argo and DMG aims to reduce the impact of Bitcoin mining on the environment. "Terra Pool" aims to "expedite the shift from conventional power to clean energy" using primarily hydroelectric energy. "We are hopeful other companies within the Bitcoin mining industry follow in our footsteps to demonstrate broader climate consciousness," Argo CEO Peter Wall said. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Inputmag: As interest and usage of cryptocurrencies, particularly Bitcoin, continue to dramatically increase, so does experts’ concerns over the strain its energy demands put on the environment. However, a joint venture by two cryptocurrency companies aims to address that worry in a potentially major way. A new memorandum of understanding (MoU) agreed to by Argo Blockchain and DMG Blockchain Solutions is set to facilitate mining of the world’s first “green Bitcoins” using primarily hydroelectric energy. Keep safe, thanks and good luck again!
>>Marathon has exclusively licensed technology from DMG Blockchain that allows the Company to filter transactions. Marathon intends to leverage this technology to ensure that its mining pool adheres to AML regulations and that all transactions are compliant with OFAC's standards. As such, the pool will refrain from processing transactions from those listed on the U.S. Department of Treasury's Specially Designated Nationals and Blocked Persons List (SDN). By excluding these transactions, all bitcoin Marathon mines will be compliant with U.S. regulatory standards. Why is a mining pool that is going to censor transactions bullish news? I hope this abomination of a mining pool fails spectacularly.
>To set up its pool, Marathon has exclusively licensed technology from DMG Blockchain that allows the Company to filter transactions.
>To set up its pool, Marathon has exclusively licensed technology from DMG Blockchain that allows the Company to filter transactions.
Is he actually mining on the DMG chip? That’s pretty sick!
tldr; DMG and Argo have partnered to launch a bitcoin mining pool that's focused on leveraging clean energy resources. The project will be called Terra Pool. DMG is a blockchain and crypto solutions company. Argo is a crypto asset mining business that focuses on crypto assets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Two companies have announced a clean energy Bitcoin mining pool. DMG and Argo will produce clean Bitcoin using hydroelectric resources. The mining pool, named Terra Pool, "will work to better manage the impact of Bitcoin mining on the climate," DMG CEO Dan Reitzik said. The project comes at a time when Bitcoin is criticized for its large carbon footprint. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Argo and DMG will combine their computational power to create the Terra Pool, a new bitcoin mining pool powered solely by green hydroelectric power. The move comes amid growing scrutiny of the environmental impact of bitcoin and other cryptocurrencies.
FTX put a poll whether or not to delist REEF... Nearly 50% wants it to be delisted. Rest in rip [(1) FTX - Built By Traders, For Traders op Twitter: "Should FTX delist coins that have rug pulled (e.g. DMG, REEF), or keep them? Is it better to offer more options to holders stuck with them, or prevent future users from trading them?" / Twitter](https://twitter.com/FTX_Official/status/1371430561802199041)
DMG is another mining company doing well under the radar
I am surprised at the lack of focus on the miners. They provide a leveraged play on bitcoin, the same as people invest in gold miners instead of gold. The talk of how they need cheap electricity to be profitable is obsolete. Just last summer, most were struggling to be profitable with bitcoin less than 15K. Since then, the price doubled and doubled again. They go from basically surviving to 60+% profits in the span of 6 months. Check Marathon's press releases with 2021 revenue projections. Marathon is by far the largest publicly listed miner with 10 times the petahash of most competitors. As much as the miners have moved up, they are way undervalued in relation to the profit growth they have experienced and will experience with 40K+ bitcoin. I tried to post my spreadsheet of the listed miners with their planed 2021 petahash capacity, estimated bitcoin production and projected share price but was not allowed for being off topic. Besides Marathon (MARA) check out Bitfarms, Hive and DMG.
You started having doubts because you read the Ari Paul tweets (or related message board threads) yesterday. Which basically boilt down to him having no idea about the project and delivering a rundown of dogmatic criticism, believing that sound criticism is as simple as the running down of an unflexible checklist. Then not even looking into the potentially Link-esque breadcrumbs as they have been put together by the community (which even Raoul Pal admires), nor anything else, really. Personally I'm happy with slow but steady projects. Meaning the likes of UBT, IOTA, QNT, (and once Link)... I spread myself out (your 90% in just one project would be a bit high for me). And while none of them are truly 100% safe bets, they are a pleasant change of pace especially in face of last year's sea of defi rugpull scams, which really was but a slightly altered re-iteration of the equally scammy 2017 ICO bubble. Let's just be happy that Gilbert does everything by the book, is extremely likeable and down to earth in the way he interacts with the community, etc. So it won't get shut down like DMG or sued like XRP. Even if it isn't flashy (yet) and doesn't attract attention. Though it did seem to have gained a bit more traction recently, getting a KuCoin listing, appearing on RealVision and in the Stansberry Report (if that's a good thing after the DMG shxtfest), receiving actual mentions by SIX/SDX (albeit deleted), etc. And again, I personally would never go 90% in, but don't let people such as Ari Paul talk you out of unique opportunities such as Quant only because they have tons of followers on Twitter and drop a few lines of dogmatic checklist criticism. I mean... Just look at his Twitter thread replies. He did 0 research and "criticizes" the tokenomics, with ideas he pulled completely out of his behind, then immediately disproven. Or makes false equivalencies based on 2017 traumas and cognitively inflexible maladaption. His replies are a perfect example of pre-emptive knee-jerking.
HUT, LGHL, DMG? Any thoughts here as I killed it in MARA and ARBKF, these seem a bit more speculative than even Argo was. I assume many of you play in both markets, although by getting caught by the sweep today in unsettled funds, I may be moving FT to cryptos. Thanks in advance for insights.
HUT 8 mining, Bitfarms, and DMG Blockchain are good ones. Can't buy Bitcoin in my retirement account so bought these BTC miners last year. Portfolio value just keeps climbing -up another 70% this week alone.
Heres a real tip for ya, $CSTR Crypto star !!! Where you gonna buy a crypto miner fir 20 cents to 40 cents plus even with the assets and value here in a bull market ..btc other coins. 3rd biggest volume on the tsx right now. undervalued stock in a massively momentous sector. i got on at 20cents, just like i did with MARA, Riot, and DMG i wish you all gains.
Heres a real tip for ya, $CSTR Crypto star !!! Where you gonna buy a crypto miner fir 20 cents to 40 cents plus even with the assets and value here in a bull market ..btc other coins. 3rd biggest volume on the tsx right now. undervalued stock in a massively momentous sector. i got on at 20cents, just like i did with MARA, Riot, and DMG i wish you all gains.
MARA is no friend of Bitcoin and should be avoided at all costs. https://www.globenewswire.com/news-release/2021/01/05/2153383/0/en/Marathon-Patent-Group-and-DMG-Blockchain-Solutions-to-Form-the-Digital-Currency-Miners-of-North-America-DCMNA-and-Launch-North-America-s-First-Cooperative-Mining-Pool.html > “Clean block mining” that adheres to the Office of Foreign Asset Control’s (OFAC’s) compliance standards and reduces the risk of mining blocks that include transactions linked to nefarious activities
https://www.globenewswire.com/news-release/2021/01/05/2153383/0/en/Marathon-Patent-Group-and-DMG-Blockchain-Solutions-to-Form-the-Digital-Currency-Miners-of-North-America-DCMNA-and-Launch-North-America-s-First-Cooperative-Mining-Pool.html > “Clean block mining” that adheres to the Office of Foreign Asset Control’s (OFAC’s) compliance standards and reduces the risk of mining blocks that include transactions linked to nefarious activities TLDR; Mara and DMG blockchain created a miners association that supports censoring transactions, the anti-thesis of Bitcoin.
https://www.globenewswire.com/news-release/2021/01/05/2153383/0/en/Marathon-Patent-Group-and-DMG-Blockchain-Solutions-to-Form-the-Digital-Currency-Miners-of-North-America-DCMNA-and-Launch-North-America-s-First-Cooperative-Mining-Pool.html > “Clean block mining” that adheres to the Office of Foreign Asset Control’s (OFAC’s) compliance standards and reduces the risk of mining blocks that include transactions linked to nefarious activities
No Marathon is a shit outfit that along with DMG blockchain created a miners association that supports censoring transactions that could be related to nefarious activities; the anti-thesis of Bitcoin.
This is his first discussion not the last. You should know that they're doing everything legally. The delay happend because of legal issues. This is the plus point. DMG couldn't survive because of this. You're welcome to check their upcoming development updates. There are many hot update in incoming list.