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341  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 07, 2014, 06:12:38 AM
Reposting the mining guide here to clear up the OP and link to this.

Linux tutorial

You will need to open two terminals. The current implementation separates the wallet and daemon to make cloud mining easier.

First, you must compile the binaries.  Run these commands in the location you want to install to:

Code:
git clone git://github.com/monero-project/bitmonero.git
cd bitmonero
sudo apt-get update
sudo apt-get install libboost-all-dev cmake
make -j4

The source will take a little while to compile.  After it is done, in this terminal, type these commands:

Code:
cd build/release/src
./bitmonerod

Let it sync. Don't close (once the daemon is active, you can use show_hr to get your hashrate or set_log 1/2/3 to change the verbosity of the logs). If you close the daemon whilst you are mining, mining will stop (obviously) and if you open the daemon again the mining won't resume (you must use the start_mining command on the wallet for that).

Now, open a second terminal.

On terminal 2, navigate to the same location and type these commands:

Code:
cd bitmonero/build/release/src
./simplewallet --generate-new-wallet=name_of_my_wallet.bin

You will be prompted for a password. Be careful: you won't have to type a confirmation so beware of typos!
Close the wallet with the "exit" command.

Now type this command:

Code:
./simplewallet --wallet-file=name_of_my_wallet.bin

and enter your password. If you forgot your password or mistyped it at creation time, delete every file starting with name_of_my_wallet.bin and start over. Every MRO would be lost forever, so it's important that you do it just after the creation, before any mining.  ALWAYS BACK UP YOUR WALLET.

Go down to the mining section to get started. You can type help in both the daemon and simplewallet to see more commands.  If you'd like to see blocks as the come into the network, simply type "set_log 1" in the daemon (terminal 1).

Good luck and happy mining!

Windows tutorial

You can use the command line as above. You can also use the batch file shown below. Paste the text into notepad and save it as a .bat file. Note that you can change the name of your wallet file if you want (it's wallet.bin here). Double click the .bat file then go down to mining after waiting for terminal 1 to sync.

Code:
@echo off

tasklist /FI "IMAGENAME eq bitmonerod.exe" 2>NUL | find /I /N "bitmonerod.exe">NUL
if not %ERRORLEVEL% == 0 (
  echo Starting node...
  start /MIN bitmonerod.exe
) else (
  echo Node already started.
)

tasklist /FI "IMAGENAME eq simplewallet.exe" 2>NUL | find /I /N "simplewallet.exe">NUL
if not %ERRORLEVEL% == 0 (
  if exist wallet.bin.keys (
    echo Starting previous wallet...
    start simplewallet.exe --wallet wallet.bin
  ) else (
    echo Starting new wallet...
    start simplewallet.exe --generate-new-wallet wallet.bin
  )
) else (
  echo Wallet already started.
)

Mining

And now the good stuff: mining!
Since the wallet can command the daemon (miner), enter this in the wallet (terminal 2):

Code:
start_mining <number of threads>

To get your number of threads, use nproc on Linux, sysctl -n hw.ncpu on Mac, and WMIC CPU Get DeviceID,NumberOfCores,NumberOfLogicalProcessors on Windows. Or course, you don't have to use all your threads (especially if you are using your computer for something else such as simultaneous GPU mining).

You can mine to a specific address by typing this in the daemon (terminal 1, not the wallet terminal):

Code:
start_mining <address> <number of threads>

By the way: if you want to know your hashrate, type show_hr in the daemon. And if you want to change the amount of information in the daemon, use set_log 1 (least info) to set_log 3 (max info).

How can you know that you are actually mining? Check you CPU usage :-) If it's less than 80%, chances are you are not mining.

I hope this tutorial will prove useful.

Address for tips to author David Latapie:
Code:
46ctfLBhgyzJm61oTtDfu9GbVhG7ito4fNiQjdZcB5bL3mz5ejQrPD29uEkDHFzCVTHGFqAdG456w6ivYp7K23SiGREUiQe
342  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 07, 2014, 06:10:02 AM
Quote
So, not sure. I did push the 32-bit update the other day, it could be a botnet.

Where is this 32-bit update located? Would like to try it.

tacotime, where is this 32-bit update located?


It doesn't exist yet. Officially, Bytecoin's latest updates should have been able to run on 32-bit. But right now it doesn't seem to be able to mine. The MRO code changes were merged from Bytecoin so it doesn't work either. Noodle is still trying to figure it out and it's possible Bytecoin needs further fixes.
343  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 07, 2014, 05:31:04 AM
We're all hip and stuff now:

344  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty for open source ByteCoin/Monero GUI on: May 07, 2014, 02:07:34 AM
100 MRO sent.
345  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 06, 2014, 10:28:27 PM
If you are not concerned with keeping it CPU-only, then why call it "CPU only"? There are so many altcoins which have deceived on this point.

I can agree with the spirit of this, but from common usage on this forum "CPU only" just means currently a GPU miner isn't available. Usually someone comes along and develops one, often demanding payment to open source it. ASICs follow if/when economic feasibility allows. So it seems valid at least as far as the thread title goes. The CryptoNote developers' description of their PoW as "egalitarian" (implying true CPU only) is a different issue.

In any case, I changed it to say "CPU only currently".
346  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 06, 2014, 09:24:06 PM
Why oh WHY do people do stuff like this!? I know that this was already discussed somewhere else, but the block rewards equation is rather difficult to plot/understand, and it really should be clarified.
Quote
Block reward: Smoothly varying using the formula (264 - 1 - A) * 2-20 * 10-12, where A = supply mined to date
Assuming that's correct, if we want to break that down into something people are actually able to understand (without resorting to serious spreadsheet calculations or function plotting software), let's start by removing those exponentials:
Block reward...
= (264 - 1 - A) * 0.00000000000000000095367431640625
= 17.592186 - 0.00000000000000000095367431640625 - A * 0.00000000000000000095367431640625
= 17.592186 - 0.00000000000000000095367431640625 - A * 0.00000000000000000095367431640625

If A is 0 to 18400000, we could basically drop both the second terms and the block rewards would be ~17.592186. Except that's clearly not the case, so what's going on? Well, A is obviously not going from 0 to 18400000; it's instead going from 0 to some large number -- but not so large that (A * 0.00000000000000000095367431640625) would be more than 17.592186, since we don't want negative block rewards.

I looked around in the source code (which is frankly a mess to understand -- hooray for security through obfuscation and complex code!), and anything even remotely resembling "264 - 1 - A) * 2-20 * 10-12" is nowhere to be seen in the block rewards calculations. Instead, we get bitwise shift operations and other items that again only seem to serve to obscure the true meaning of what's happening. It appears the coin supply (A) is actually scaled by 1,000,000,000,000 (one trillion) -- the reward is also limited in some way by the block size (Huh). So, applying that scaling factor, what we get is that the block rewards are

17.592186044415 - A * 0.00000095367431640625, with A going from 0 to 18400000. (I dropped the second term as it appears to be insignificant -- even when scaled by 1 trillion.)

The result is that we're seeing block rewards of around 17.14 right now, so we're down ~0.45 from the initial rewards level in a couple weeks I guess. Over the long haul, it looks like we smoothly scale block rewards such that the reward is cut in half every ~504 days (give or take) -- and about half of the remaining coins are mined every ~504 days. That's really not that bad, but rather than such a clearly stated progression we get "Block reward: Smoothly varying using the formula (264 - 1 - A) * 2-20 * 10-12, where A = supply mined to date".

Thanks for that... it only took me a few hours to actually dig through the code, run some numbers, and figure out in plain English what is actually happening. It will take about nine years for 99% of MRO to be mined, or 4.5 years for 90% of MRO to be mined. That's a far faster distribution than BTC or LTC of course, but far slower than most of the other coins coming out these days.

Back to "real" work.... LOL

Yes, this is correct. A plot of what this looks like is below. Y-axis is in 10s of millions and the dashed line is the maximum supply (~18.446 million).

347  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 130 ask 175 last 175) on: May 06, 2014, 08:28:26 PM
WTS 0.0016 / 100 MRO / 0.16 BTC

This account may well be a puppet for price manipulation.

A minimum account age should be enforced for getting listed. Although this one is actually from January, with no posts. Minimum account activity, maybe?

But it's hard to know. I think benefit of the doubt should be given, but obviously don't send first. Smiley
348  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 23.5 ask 25 last 21.2) on: May 06, 2014, 01:05:49 PM

Of course. but I am talking about final market cap. MSC, NXT, Ripple, Blackcoin etc (all other coins with largest market caps) have been all but fully distributed, so the calculation of Moneros cap can be comparative to them. (unless you think that those are not your competitors and it can come close to next btc or ltc)

Therefore your stake here will be constantly inflated. You need to beleive this coin will support that ultimate valuation unless you are only involved for short term speculative reasons.


You keep using the term market capitalization. Yet you don't seem to understand what it even means. Wink
349  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 128 ask 175 last 175) on: May 06, 2014, 10:25:15 AM
Quote
0.001250 / 8000 MRO / 10 / contact OP

And I thought this would be a boring day on the market after yesterday's frenzy.
350  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty for open source ByteCoin/Monero pool on: May 06, 2014, 09:59:03 AM
Awesome. Thank you, BCN community.
351  Alternate cryptocurrencies / Altcoin Discussion / Re: [BCN] Bytecoin services - call to arms on: May 06, 2014, 09:52:31 AM
Update on open-source pool:

zone117x is working on a NOMP implementation of pools for CryptoNote coins. Monero started a bounty to pay him and DStrange contributed to that. Smiley

The communities have reached the target for the bounty of 5.8 BTC and will be submitting soon.
352  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty for open source ByteCoin/Monero pool on: May 06, 2014, 09:34:28 AM
DStrange reported that he sent 5 million BCN and 0.3 BTC from BCN's funds.
353  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: May 06, 2014, 08:47:11 AM
I have a suggestion: let's bet when will mac version appear?
As usual I can see only P.S. MacOS version coming soon. on the web dated 04/10/2014

I compiled from the github source on OSX 10.9.2: Link

Works fine for me. Please PM if you have issues.

DStrange, feel free to re-upload and put it on the main post.
354  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 06, 2014, 03:45:08 AM
I started the translation to dutch. Will try to finish it in the next 24 hours Smiley

Working on a Spanish translation for the ANN thread.  Smiley

Thanks, both of you!
355  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 06, 2014, 02:31:41 AM
Quanttek will be doing German and David Latapie French. Monero will be soon be very international. Smiley

Chinese translation will be one of the most important. If anyone can offer to do a high-quality one (or knows someone that can), that would be great.
356  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 06, 2014, 02:30:14 AM
As promised, I did Russian translation of main topic. Here is:
https://bitcointalk.org/index.php?topic=597225.0
Please, OP, add reference in Translations sections. Thanks.
It isn't Google translation  Wink

I would like to translate main thread in Russian. We need to grow Monero community.

P.S. Hi-quality Russian translation most wanted? PM me.

Fantastic job, OP updated!
357  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 100 ask 180 last 100) on: May 06, 2014, 01:21:26 AM
updated

new sell orders


drmavis is an offer, not a bid.
358  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 05, 2014, 09:04:29 PM
The emission curve vote was rejected by a bit over 60% earlier when there were fewer people involved so it will fail by even larger margin now. The reason is simple: the OTC exchange has a pretty sizable volume and the amount of hardware dedicated to this coin is getting larger. Part of how people price the currency unit or decide how much hardware to dedicate to mining it is to compare the amounts they gain to the eventual maximum supply. Amount relative to current supply also matters, certainly even more, but it's undeniable that the former is involved. People have been making these decisions based on the current curve.

In order to fairly implement an emission curve change, we need to retroactively adjust everything mined up to that point. If we don't, it's an instamine where the early adopters changed the rules in the middle of the game to benefit themselves. But on the other hand, a retroactive adjustment means miners/buyers/sellers all made decisions on false information. This is why there were a lot of complaints about "taking my coins away" earlier.

So the most agreeable thing to do is to leave the curve as it is. About 8 years from now, we'll have a problem where the block reward is fairly small and miners don't mine for nothing. The solution to that is to implement a minimum subsidy. This would cause a sub-1% inflation that decreases over time and keeps miners happy to ensure network security. tacotime will probably implement this in hard fork in the near future.
359  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 05, 2014, 08:38:32 PM
- OSX binaries to be uploaded soon, check for a date change.

- Hashrate increase was for Windows binaries only. This new Linux version doesn't increase it.

- We'll wait on Noodle for the Windows. Currently what's on the OP is pre-0.8.6.

- Mega is working, just let it load for a minute or two.
360  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures - CPU only on: May 05, 2014, 06:43:58 PM
Noob question,

I've been getting this a lot:
Quote
2014-May-05 03:40:45.540602 [P2P1][sock 201] Some problems at write: Broken pipe:32

Any idea what this means?

Also -
I'm on Xubuntu 13.10
I compiled without specifying # of threads, but I am actively mining with 8 threads.
Since I didn't specify number of threads when compiling, will there be a detrimental effect?
I have Dual Xeon 5160's at 3Ghz and am getting 14H/s when using all cores.

In general this means you terminated some connection. I'm not sure it does any harm here, though.

Compiling with more threads just compiles faster. It has no effect on the resulting program or your ability to mine with more threads.
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