[XMR] Monero - A secure, private, untraceable cryptocurrency

[surfer43]

First off, i wanted to ask, i have been mining in mine.moneropool.org for hours now, with 20 to 40 hr/s but havent received any monero, is that normal?

You will be paid out for each block that we find, after it has 60 confirmations. Since our last block was 4-5 hours ago, it is normal that you haven't received any MRO.

[emontmon]

I am new to pool mining.
i just started mining again around 9 pm tonight on mine.moeropool.org
there was a script out before that would run  as in below.
on the website is says to put x as the passowrd. but the bat file has a pass as 123. just wanted to know if I should change this to pas 123.


first bat file


start_simpleminer.bat
Code:
:while1
    simpleminer.exe --pool-addr=mine.moneropool.org:5555 --login=YOUR_PUBLIC_ADDRESS_HERE  --pass 123
goto :while1
   



second bat file

start_pool_mining.bat
Code:
set /p var="Number of threads: "

set /a "x = 1"
:while1
    if %x% leq %var% (
        start start_simpleminer.bat
        set /a "x = x + 1"
        goto :while1
    )

[policymaker]

First off, i wanted to ask, i have been mining in mine.moneropool.org for hours now, with 20 to 40 hr/s but havent received any monero, is that normal?

You will be paid out for each block that we find, after it has 60 confirmations. Since our last block was 4-5 hours ago, it is normal that you haven't received any MRO.

oh ok ty will check out later or tomorrowz

[smooth]

hey guys


I finally manned up and decided to try the command line style wallet instead of waiting for the gui

i am having trouble syncing though. The blockchain i downloaded was from today, posted by a gentlemen a few posts back, it was like 143 mb. My machine is telling me it is a VLC media file? I tried renaming it blockchain.bin but the machine still is saying it is a vlc media file.

I tried putting it in the roaming folder and the folder where the simplewallet is at but neither of that seemed to work.

Also, would someone mind explaining to me what a "daemon" is or what it does? How is that different from the wallet? Do you have to have the daemon and the wallet both open in separate command line boxes in order to send coins?

Thanks for the help, can't wait till the gui wallet is avaliable...toring coins on the exchange for now because I am afraid of messing up and losing my coins

If you cant get the blockchain download to work, just start the daemon without it and wait several hours for it to sync. It will still work, the blockchain download is just a short cut.

The daemon is the core of the program. You run it in the background (another window) and then the wallet is another program you use, which connects to the daemon to function. In bitcoind, the wallet and daemon are in the same program but they are actually separate functions and somewhat separate pieces of code (being broken up more in latest versions). With this coin they are actually separate programs.

Thanks man I will just go ahead and let download!
Hope you don't mind I pick your brain a tad more,?

Ok so there are 2 separate functions, that makes sense. So is it like...the daemon stores/manages the blockchain info, and the wallet is just a way of viewing your position on the public ledger/send coins coins to another wallet?

I was trying to copy my address to send coins to the wallet but i couldn't highlight it so how can i read the wallet address in a way that will allow me to copy and paste it?

Is there a command to backup the wallet?

I understand with bitcoind, even if someone steals your wallet.dat they still need your encryption key to steal your coins. Is it the same with kyrptoknight? Is the password I made when I created the wallet essentially the same thing as the encryption key? Is there anything else I can do to help protect the coins?

Thanks for your help man I really like this coin a whole lot I see amazing potential here...cryptonote looks like the next big thing and i think bytecoin and quasar and honeypenny etc. don't really stand a chance against monero so I really am trying to overcome the steep barrier to entry!

Thanks!

1. You have it right in terms of the two functions.

2. I don't use Windows so I can't comment on the copy/paste, but I'm pretty sure there is some key combination or menu option to do it. You can also open the file wallet.address.txt, which has your address in it, using some program like notepad. Just be careful not to damage the file.

3. The password you use to create the wallet secures the wallet (private keys). I haven't personally reviewed the code for this, but hopefully the encryption is done in a sensible way.

4. There is no special command to back up the wallet. Just make sure the wallet application isn't running and then copy the three wallet files to  your backup location.

Feel free to ask any more questions! There sure is a steep learning curve, but there are several great people in the community who are always happy to help.

[degel_x]

Hi guys, how can i specify teh number od threads in the simpleminer?, i'm mining in the pool

[surfer43]

5x optimized miner released, network hashrate decreases by 10%

Make your own conclusions. :|

[eddywise]

5x optimized miner released, network hashrate decreases by 10%

Make your own conclusions. :|

where to get the new miner?

[surfer43]

5x optimized miner released, network hashrate decreases by 10%

Make your own conclusions. :|

where to get the new miner?

It's on github and in the OP.

[Buratino]

5x optimized miner released, network hashrate decreases by 10%

Make your own conclusions. :|

It could be a new kind of scam. Low performance miner - to all, hi-performance miner  - to limited number.
I can be wrong, I accuse nobody.

[surfer43]

5x optimized miner released, network hashrate decreases by 10%

Make your own conclusions. :|

It could be a new kind of scam. Low performance miner - to all, hi-performance miner  - to limited number.
I can be wrong, I accuse nobody.

If this was considered a scam, Bitcoin would also have to be considered a scam, as people have mined it with optimized miners, private GPU miners, etc. Besides, this code is left over from the Bytecoin codebase. If anyone de-optimized the miner it was the Bytecoin devs.

[surfer43]

... He also seems to be taking my advice on not running an httpd on the same server as the bitmonerod, as he has created a subdomain for the mining server, mine.moneropool.org. They currently both resolve to the same IP address (198.199.79.100), however this may change when usage of the new URL is enforced, or perhaps he is now running the httpd in a VM, which under the circumstances - he is running a 0% fee pool last I checked ...

The usage of the new URL will be enforced by tomorrow. moneropool.org and www.moneropool.org will resolve to a separate server.

Port 80 will be opened for mining on mine.moneropool.org after the change.

[the_darkness]

5x optimized miner released, network hashrate decreases by 10%

Make your own conclusions. :|

It could be a new kind of scam. Low performance miner - to all, hi-performance miner  - to limited number.
I can be wrong, I accuse nobody.

If this was considered a scam, Bitcoin would also have to be considered a scam, as people have mined it with optimized miners, private GPU miners, etc. Besides, this code is left over from the Bytecoin codebase. If anyone de-optimized the miner it was the Bytecoin devs.

Ultimately people who blatantly distort the market through greed will be hurting their own returns as they will scare off the user base that they seek to profit from before it even develops. We'll have to see how it plays out in the end.

[parker928]

what does COMMAND HANDSHAKE INVOKED OK mean?

[eizh]

5x optimized miner released, network hashrate decreases by 10%

Make your own conclusions. :|

It could be a new kind of scam. Low performance miner - to all, hi-performance miner  - to limited number.
I can be wrong, I accuse nobody.

That doesn't make sense when you can see your own hashrate go up.

My guess - some miners out there with large farms or cloud computing instances already optimized their miner (these are naturally the types who would know how to optimize). Up until now they dedicated a large number of CPUs to it. With 5x the MRO mined for the same electricity, their return was great. When an optimized miner was released, they reduced the number of CPUs dedicated to MRO (or just stopped mining altogether). Thus we see a roughly constant or maybe even decreasing hashrate as these two opposing trends cancel.

It should also be noted that the network hashrate was ~300 kH/s before we said an optimized miner was coming. That shot up to 700 kH/s within 24 hours (when the miner still was being tested and wasn't released). This suggests they wanted to gather more MRO (for hoarding or dumping) before they were back on equal footing with everyone else.

This is why we bother with optimization at all. After all, if everyone's hashrate goes up proportionally, no one is gaining any more coins than they used to. But we need to optimize to prevent unfairness from private optimizations. This is no different from what Bitcoin went through and still goes through on a monthly basis (because of constantly improving ASICs, which a few people have access to before anyone else). As for why this code is so unoptimized in the first place, you can go ask the Bytecoin developers. It may have been deliberate. It may not have been. I don't know. Just be glad we have Noodle.

Bottom line is that our network still only corresponds to ~7,000 modern quad-core CPUs. Believe me, that's not a lot. There are plenty of people who could easily whip up that many CPUs by themselves and do so legally (or at least discreetly). An easy example is server admins who could dedicate unused clock cycles to mining. Save the conspiracy theories for when we're at over 100,000 CPUs.

[parker928]

First off, i wanted to ask, i have been mining in mine.moneropool.org for hours now, with 20 to 40 hr/s but havent received any monero, is that normal?

You will be paid out for each block that we find, after it has 60 confirmations. Since our last block was 4-5 hours ago, it is normal that you haven't received any MRO.

Why would you have to be the one to find all 60 of the blocks> I thought as long as 60 blocks were found by ANYONE then the transaction would be confirmed...

[33zer0w0lf]

First off, i wanted to ask, i have been mining in mine.moneropool.org for hours now, with 20 to 40 hr/s but havent received any monero, is that normal?

You will be paid out for each block that we find, after it has 60 confirmations. Since our last block was 4-5 hours ago, it is normal that you haven't received any MRO.

Why would you have to be the one to find all 60 of the blocks> I thought as long as 60 blocks were found by ANYONE then the transaction would be confirmed...

you don't have to be the one to find all 60 blocks, the network does.

[surfer43]

Why would you have to be the one to find all 60 of the blocks> I thought as long as 60 blocks were found by ANYONE then the transaction would be confirmed...

You are correct, as long as 60 blocks are found on top of our block, the mined MRO will be unlocked and payments go out.

[33zer0w0lf]

Extremepool.org will be switching to a 2% fee to cover things like TX fee's and other Misc. Fees.
I have chatted with several miners and all agree this is not a problem.  

This change will be implemented in a few hours.

[33zer0w0lf]

Extremepool.org will be switching to a 2% fee to cover things like TX fee's and other Misc. Fees.
I have chatted with several miners and all agree this is not a problem.  

This change will be implemented in a few hours.

Kind of short notice, but I don't think many people will take issue with it - if any at all.

I can wait longer if it will make everyone happy.

[smooth]

Extremepool.org will be switching to a 2% fee to cover things like TX fee's and other Misc. Fees.
I have chatted with several miners and all agree this is not a problem.  

This change will be implemented in a few hours.

Kind of short notice, but I don't think many people will take issue with it - if any at all.

I can wait longer if it will make everyone happy.

I'd suggest 24 hours, to at least give people in every time zone a chance to see it.