BTW, why did someone create this release?
What for?
What is his goal?
Who knows. There are a lot of 'rival' coins like DRK and BCN that feel very threatened by Monero, and for good reason. Beware the trolls/FUD'ers. Here's my current list from this thread: Rinndaranaur digitalninja81 titan86 Vilawil HolyTrumpet dNote Hexah Mumbles Rias |
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Excellent!  |
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Not sure I understand 3. I was the miner for some transactions (through a pool), and the purchaser on polo for the bigger transactions. I thought the transaction fees were going to the devs.
Transaction fees are going to the miners - when you are mining for a pool it's distributed to all the pool miners depending on their hash power (when the pool fee is subtracted). I understand that for the transactions from a pool to my local wallet, but not for a transfer between two of my own wallets. Thanks for the help. Why don't you just copy wallet.dat or import private keys than transferring it? Roll Eyes
Kindly,
MZ
The idea is to at some point move to a much newer wallet with deterministic seed and new password, and clean up dusty transactions along the way. If that's achievable without a transfer I'm open to alternatives.  |
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A few little queries about transaction fees. Let's say I have two hypothetical wallets.
Old, dusty wallet 1 has 100 dust (<0.1) transactions from mining, 50 small transactions of .2, and 10 larger (>100) transactions from exchange transfers. No transactions out.
New, shiny wallet 2 is empty.
Now, if I were to transfer everything from wallet 1 to wallet 2 in a single transaction:
1) Would this go through as a single transaction?
2) What transaction fee would be payable?
3) Where do transaction fees go?
4) How will transaction fees be changing in the future?
Loving the Monero by the way. Don't let the FUD'ers bother you.
Cheers, Q
1) Probably most of it, but not all of it - you should try. 2) Each transaction will have 0.005 fee 3) To the miners 4) Most probably if the price goes up by significant factor the fee will go down (for the same maximum size of the transaction). Not sure I understand 3. I was the miner for some transactions (through a pool), and the purchaser on polo for the bigger transactions. I thought the transaction fees were going to the devs. |
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A few little queries about transaction fees. Let's say I have two hypothetical wallets.
Old, dusty wallet 1 has 100 dust (<0.1) transactions from mining, 50 small transactions of .2, and 10 larger (>100) transactions from exchange transfers. No transactions out.
New, shiny wallet 2 is empty.
Now, if I were to transfer everything from wallet 1 to wallet 2 in a single transaction:
1) Would this go through as a single transaction?
2) What transaction fee would be payable?
3) Where do transaction fees go?
4) How will transaction fees be changing in the future?
Loving the Monero by the way. Don't let the FUD'ers bother you.
Cheers, Q
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Is there anyone here who is mining XMR only, no other coins? Will it be profitable?
Yup, but I'm mining to hold. No interest in selling any this year, and probably not 2015 either. I am not sure about short term profitability. |
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Some examples of FUD from Vilawil, digitalninja81 and friends earlier in the thread. Beware the trolls.
Can anybody describe to me perspectives of the Monero?
Monero has no future, because there’s hardly a single competent developer in their devs team and the market can't withstand such amount of coins, and it will only get worse in a few months’ time. I'm disappointed in Monero’s debs. They could at least make a nice website, since they compete for the title of best developers.
Them, best developers? For God’s sake! A better title would be the best scammers. IMO, that’s all they deserve. |
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Guys, I don't understand monerotalk.org is the official XMR site or not?
As far as I understand there is no official website and all updates are laid out in this thread. Wrong, official site is monero.cc currently. Monerotalk.org is a forum for just Monero talk. Just like darkcointalk etc etc Yup. It's listed quite clearly in the first post. FUD'ers. |
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Anyone having problems getting the estimated MRO per day? I'm hashing at 2500 H/s, and lately I've been getting less then half of what is estimated. Given the current difficulty, I should be getting about 4.5 MRO, but I made that over a period of two days instead. I've tried moneropool.org, moneropool.com, and monero.crypto-pool.fr -- same outcome. Are the estimates wrong, or am I (or are we) getting jipped?
Not sure. I'm hashing at 420 H/s or so using GPU plus CPU and getting about 2/3 XMR per day (9 since start of July). That would scale to about 4 XMR per day for 2500 H/s. Q |
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BUT.... the decline has been long and steady. What do you think is driving this? And how can this coin recover? Tacotime said: "It’s not until 2-3 years in that we’ll likely see obscene increases in price given simple economics." The said simple economics being mostly inflation rate (the rest being inside (wallet, website) or outside (institution getting into monero) announcements. BTC was cheap for several years. And Monero follows a BTC-like emission curve. Connect the dots. Network effect, liquidity, first mover advantage. Well, technically, First-mover advantage is for Bytecoin But then again, this did not help Tenebrix either. Monero is THE cryptonote currency. Everything else is altcoins. Someone somewhere proposed the word "altnotes" (finally thought about checking the "don't use smiley" checkbox. I feel much better now) Yep. I've been buying XMR to hold for at least 2-3 years based on the emission curve. FWIW in the cryptonote world I see XMR as gold while BBR is more like silver. I've got a chunk of both but XMR is the better long term prospect. The only 'danger' I see with the price right now is I might be tempted to buy much more. ;-) Keep up the good work devs. :-) |
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Will this friggin bottom out already, perhaps some entity is trying to destroy the coin ?
I knew this would happen with the Mintpal pump, i was cringing at time knowing a boom/bust would scare new ppl away, too many have been burnt. No buyers left.
You're kidding me. I just doubled up on my Monero stash today, with sub 0.003 being my buy hard trigger point. I could have bought slightly cheaper with hindsight but an average buy in of 1 GBP was my original target and that's what I'm on now. Still mining, and hodling. |
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No command line "-l". Default 40x8. Tried 80x8 and 40x16, but they were worse. Surely Windows can't be nerfing the GPU so badly?
Update. I read a post here: http://www.holynerdvana.com/2014/07/mining-cryptonote-coins-with-nvidia.htmland started playing around with the -l switch. On Windows 8.1 this makes a massive difference. With 750 ti, switching to -l 8x32 boosts performance to the expected 200+ H/s. Night and day difference. Other settings may improve that further, but that's a reasonable starter for 8.1 miners. Edit: best combo so far found: -l 8x30 for 260 H/s. Cheers, Q |
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I tried the TDR delay reg edit on my rig, and it now seems to be running stably at 45-50 H/s (40* , 750 ti, diff 15000. I just got my first accepted after about 10 mins so it seems to be working, thanks. Is the hash rate a bit low though? What do you have in your command line for the "-l" parameter? If you don't specify the parameter it should be 8x40 by default. The 750 Ti should be hashing in the 200's I believe. No command line "-l". Default 40x8. Tried 80x8 and 40x16, but they were worse. Surely Windows can't be nerfing the GPU so badly? |
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I tried the TDR delay reg edit on my rig, and it now seems to be running stably at 45-50 H/s (40* , 750 ti, diff 15000. I just got my first accepted after about 10 mins so it seems to be working, thanks. Is the hash rate a bit low though? |
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Does the new cryptonight release of ccminer support anything other than the 750 Ti? I tried to get it running on my laptop with a GeForce GT 750M (don't laugh) which is compute 3.0 compatible, but I got a message in windows that the driver had crashed and recovered and ccminer reported outrageously high hashrates while never submitting anything successfully to the pool and my GPU meter showing basically zero activity. Do I need to do more than put the "-a cryptonight" flag in the batch file?
I get exactly the same problem with a 750 ti, on Windows 8.1, as described in detail here: https://bitcointalk.org/index.php?topic=656841.msg7600519#msg7600519Any help appreciated. |
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I'm trying to use the pre-compiled ccminer-cryptonight_20140630_r2 ccminer on Windows 8.1 with a GTX750ti and seem to be having some problems getting results. I am pointing the miner at minexmr as indicated on their website: http://minexmr.com/with a batch file as follows: C:\monero\ccminer-cryptonight_20140630_r2\ccminer.exe -t 1 -d gtx750ti -o stratum+tcp://pool.minexmr.com:7777 -u <address> -p x At launch, I get a series of results like: GPU #0: GeForce GTX 750 Ti, using 40 blocks of 8 threads Pool set diff to 15000 GPU #0: GeForce GTX 750 Ti, 93.81 H/s then a popup says display driver stopped responding and has recovered. After that I see results with crazy high numbers of hashes like this: GPU #0: GeForce GTX 750 Ti, 163611988.12 H/s interspersed with 'stratum detected new block' but no accepted results within a half hour check period. I also tried downloading the previous release, but switching to that one makes the cmd.exe pop up and vanish immediately on my system (Windows 8.1, Driver 337.88). The GTX750ti is not attached to a display output. Any help appreciated. Not sure what's going wrong. |
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Flat 0.005 fee + small quantities to burn off dust in you use dust inputs
Hi Tacotime. Is there any way to consolidate dust transactions (<0.1 XMR) from pool mining within a wallet? |
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Bouncing around the 0.004 support level today.
FWIW, I expect improvements to GPU mining and a dust transaction solution to drive the price down further. YMMV
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Windows, I assume. Try Linux (not in a VM) - should be loads better.
Hi Wolf0. Can you explain why linux is quicker than Windows for this task? I'm running on Windows, and this PC isn't just for mining so I can't easily switch. Thanks, Q |
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I'm seeing more and more people getting transaction size limit while sending Monero. So what is the problem here ? Transaction size depend mostly on number of inputs and outputs, not amount.
I guess this is because of the amount to be broken down into smaller transactions, i.e. 123.4567 => 100 + 20 + 3 + 0.4 + 0.05 + 0.006 + 0.0007. I think this way will increase number of inputs enormously. If this is corrent, Monero need some serious improvements otherwise it will be struggle on getting more adoption, we can't tell user to send coins in even amount of something like 100 XMR instead of 100.123456789 XMR.
the problem are many small inputs (eg pool payouts) btw bitcoin has the same problem (just better pools) Would a workaround be to send infrequent transactions from a mining wallet to a second storage/transaction wallet? I am not currently a member of an exchange, but have started mining Monero and I'm keen to invest some fiat savings (GBP) too. Ideally, I'd buy from somewhere like coin-hub.co.uk but they don't sell Monero yet (I have sent a request). Can anyone suggest the easiest way to exchange GBP for XMR? Any help appreciated. |
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