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

[phzi]

The biggest thing Monero would benefit from right now, is a GPU miner.  CPU-only is a guaranteed way to put the majority of the coins in the hands of criminals/botnet owners.

Will Monero ever have a GPU miner?

CryptoNote is about more than just privacy. It's about freedom. That's the point of egalitarian mining. Live in an oppressive state? Fuck you, government! Anyone with an internet connection can download the miner and receive a fair share of money. What's the point of anonymous transactions if only priviledged individuals can get the coins? What's the point of a fair launch and fair distribution if the rich get disproportionately richer via priviledged mining?

I'm sorry if you have a snazzy GPU farm that you're dieing to take advantage of, but Monero doesn't play favorites. It goes against the entire philosophy of this currency. I'm fairly certain that the developers and other contributing parties agree with me (speak up if you don't). Even if they are unanimously brainwashed into thinking GPU mining is a good idea, I will fight tooth and nail to make sure it never gets implemented. I swear to God, I will haunt this thread for as long as it exists and scare the bejesus out of anyone who dares to come up with some half-brained argument to enable privileged mining.

Absolutely absurd.  CPU mined coins are not "fair" in any measurable way.  CPU-only mining results in botnet owners/criminals manipulating the network.  Period.  Your cheap i3 will never get a reasonable portion of the network, because there will be millions of drone computers mining for their masters.  GPU mining levels the field.

Actually I don't think a GPU can be faster one-on-one, as the PoW depends heavily on the characteristics of the CPU. If CryptoNight ASICS do become a reality, I believe the GPU mining phase will be skipped entirely.

Highly unlikely.  This was said about scrypt (which became rapidly GPU mined) - in fact many things ring very similar. The main 'protections' against GPUs and ASICs that are claimed of CryptoNight are related to L3 cache speed and scratchpad size requirements.  Guess what?  The same was said about scrypt...

[blaaaaacksuit]

The biggest thing Monero would benefit from right now, is a GPU miner.  CPU-only is a guaranteed way to put the majority of the coins in the hands of criminals/botnet owners.

Will Monero ever have a GPU miner?

CryptoNote is about more than just privacy. It's about freedom. That's the point of egalitarian mining. Live in an oppressive state? Fuck you, government! Anyone with an internet connection can download the miner and receive a fair share of money. What's the point of anonymous transactions if only priviledged individuals can get the coins? What's the point of a fair launch and fair distribution if the rich get disproportionately richer via priviledged mining?

I'm sorry if you have a snazzy GPU farm that you're dieing to take advantage of, but Monero doesn't play favorites. It goes against the entire philosophy of this currency. I'm fairly certain that the developers and other contributing parties agree with me (speak up if you don't). Even if they are unanimously brainwashed into thinking GPU mining is a good idea, I will fight tooth and nail to make sure it never gets implemented. I swear to God, I will haunt this thread for as long as it exists and scare the bejesus out of anyone who dares to come up with some half-brained argument to enable privileged mining.

Absolutely absurd.  CPU mined coins are not "fair" in any measurable way.  CPU-only mining results in botnet owners/criminals manipulating the network.  Period.  Your cheap i3 will never get a reasonable portion of the network, because there will be millions of drone computers mining for their masters.  GPU mining levels the field.

Nobody uses botnets to mine coins, a constantly pegged CPU is very noticeable to just about anyone with a pulse.

[xxnirvana69xx]

Finally got my fx-8320 and am getting around 200H/s. Way better than the 40 I was getting with my phenom x4 840. Hopefully it helps me pay off the new processor now haha!

[blaaaaacksuit]

Finally got my fx-8320 and am getting around 200H/s. Way better than the 40 I was getting with my phenom x4 840. Hopefully it helps me pay off the new processor now haha!

Which miner?

[phzi]

Nobody uses botnets to mine coins, a constantly pegged CPU is very noticeable to just about anyone with a pulse.

For your education: DKOM
https://en.wikipedia.org/wiki/Direct_kernel_object_manipulation
https://en.wikipedia.org/wiki/File:Unlinking_EPROCESS.png

It's fairly trivial for a rootkit to entirely hide a process.  You can quite literally run a CPU miner and the processor usage sits under idle in all task managers.

[aminorex]

CPU mined coins are not "fair" in any measurable way.  CPU-only mining results in botnet owners/criminals manipulating the network.  Period.  Your cheap i3 will never get a reasonable portion of the network, because there will be millions of drone computers mining for their masters.  GPU mining levels the field.

Algorithms which adapt well to GPU are more likely to adapt well to ASIC, all else being equal.  ASIC means centralization, which is the kiss of death for privacy and freedom.
That doesn't mean privacy and freedom are easy to achieve if one can avoid centralization, or that non-ASIC algorithms imply decentralized control.  Stuff's hard.
Moreover botnets have GPUs.  Increasingly it is hard to find a CPU which is not associated with a similarly scaled level of SIMD compute, typically via one of the mainstream GPU ISAs.
I think peer-whitelisting is the only viable way forward towards excluding botnets.  It's not easy, and it's not guaranteed, but it is worth trying.

[darkota]

The biggest thing Monero would benefit from right now, is a GPU miner.  CPU-only is a guaranteed way to put the majority of the coins in the hands of criminals/botnet owners.

Will Monero ever have a GPU miner?

CryptoNote is about more than just privacy. It's about freedom. That's the point of egalitarian mining. Live in an oppressive state? Fuck you, government! Anyone with an internet connection can download the miner and receive a fair share of money. What's the point of anonymous transactions if only priviledged individuals can get the coins? What's the point of a fair launch and fair distribution if the rich get disproportionately richer via priviledged mining?

I'm sorry if you have a snazzy GPU farm that you're dieing to take advantage of, but Monero doesn't play favorites. It goes against the entire philosophy of this currency. I'm fairly certain that the developers and other contributing parties agree with me (speak up if you don't). Even if they are unanimously brainwashed into thinking GPU mining is a good idea, I will fight tooth and nail to make sure it never gets implemented. I swear to God, I will haunt this thread for as long as it exists and scare the bejesus out of anyone who dares to come up with some half-brained argument to enable privileged mining.

Absolutely absurd.  CPU mined coins are not "fair" in any measurable way.  CPU-only mining results in botnet owners/criminals manipulating the network.  Period.  Your cheap i3 will never get a reasonable portion of the network, because there will be millions of drone computers mining for their masters.  GPU mining levels the field.

Nobody uses botnets to mine coins, a constantly pegged CPU is very noticeable to just about anyone with a pulse.

Lol, this made me laugh.

Botnets, if you took any time to research at all, coins can be mined without the operator of the computer even noticing. CPU only coins always get raped by Botnets...always..And those hackers/botnet operators rake in thousands upon thousands, maybe even tens of thousands considering the pump and dump monero had on poloniex.

[xxnirvana69xx]

Finally got my fx-8320 and am getting around 200H/s. Way better than the 40 I was getting with my phenom x4 840. Hopefully it helps me pay off the new processor now haha!

Which miner?

The simple miner that was posted today.

[blaaaaacksuit]

Lol, this made me laugh.

Botnets, if you took any time to research at all, coins can be mined without the operator of the computer even noticing. CPU only coins always get raped by Botnets...always..And those hackers/botnet operators rake in thousands upon thousands, maybe even tens of thousands considering the pump and dump monero had on poloniex.

Yes, 1000BTC volume on poloniex was the result of 1337 haxorz botnet mining and then p&ding all their mro.  Dude.

[eizh]

Absolutely absurd.  CPU mined coins are not "fair" in any measurable way. ...  GPU mining levels the field.

Last I checked, discrete GPUs are an expensive technology largely confined to rich white Western males. Let's not pretend it's 'fair'. Just like everyone else, they're an interest group trying to serve themselves. It's actually a rather tiny community in the grand scheme (the world is pretty big), but they have a disproportionate presence on this forum.

[darkota]

Absolutely absurd.  CPU mined coins are not "fair" in any measurable way. ...  GPU mining levels the field.

Last I checked, discrete GPUs are an expensive technology largely confined to rich white Western males. Let's not pretend it's 'fair'. Just like everyone else, they're an interest group trying to serve themselves. It's actually a rather tiny community in the grand scheme (the world is pretty big), but they have a disproportionate presence on this forum.

It's sure as hell more fair than hackers having 100, 200, 300 computer botnet farms mining CPU only coins.

[aminorex]

Yes, 1000BTC volume on poloniex was the result of ...botnet mining...

Perhaps 250k MRO flipped, about .30 of the float.  A maximum entropy argument implies the highest probability distribution has 30% of the coins mined by botnet, albiet it has error bars that make the estimate almost useless.  If you had informative priors about the likelihood that a non-bot MRO holder would flip at that price, you could make a much better estimate.  It would almost certainly be higher.

[blaaaaacksuit]

It's sure as hell more fair than hackers having 100, 200, 300 computer botnet farms mining CPU only coins.

Far more likely that the majority of the hashrate comes from people around the world renting VM instances mining MRO and paying for it.  

[aminorex]

Roughly 30,000 typical desktops worth of hash on the network now.

Any estimate of downloads?

[Johnny Mnemonic]

Absolutely absurd.  CPU mined coins are not "fair" in any measurable way. ...  GPU mining levels the field.

Last I checked, discrete GPUs are an expensive technology largely confined to rich white Western males. Let's not pretend it's 'fair'. Just like everyone else, they're an interest group trying to serve themselves. It's actually a rather tiny community in the grand scheme (the world is pretty big), but they have a disproportionate presence on this forum.

It's sure as hell more fair than hackers having 100, 200, 300 computer botnet farms mining CPU only coins.

If you have 100, 200, or 300 CPUs at your disposal, then good for you. You will be rewarded proportionately. However, if you think you will ever be able to earn a disproportionate advantage with special hardware, you better start looking for another coin.

As stated upthread, hard forks will not be so unthinkable in the future. The PoW will evolve to stay current with hardware.

[phzi]

Last I checked, discrete GPUs are an expensive technology largely confined to rich white Western males. Let's not pretend it's 'fair'. Just like everyone else, they're an interest group trying to serve themselves. It's actually a rather tiny community in the grand scheme (the world is pretty big), but they have a disproportionate presence on this forum.

Still, everyone can go buy a GPU - level playing field.  Not everyone can (and definitely should not) go create a large botnet and abuse their CPUs...

It's sure as hell more fair than hackers having 100, 200, 300 computer botnet farms mining CPU only coins.

Far more likely that the majority of the hashrate comes from people around the world renting VM instances mining MRO and paying for it.  

Lol.. no, it really isn't more likely.  Botnet is WAY more likely based on the history of CPU coins.

[smooth]

Nobody uses botnets to mine coins, a constantly pegged CPU is very noticeable to just about anyone with a pulse.

For your education: DKOM
https://en.wikipedia.org/wiki/Direct_kernel_object_manipulation
https://en.wikipedia.org/wiki/File:Unlinking_EPROCESS.png

It's fairly trivial for a rootkit to entirely hide a process.  You can quite literally run a CPU miner and the processor usage sits under idle in all task managers.

You can't hide the temperature (especially on a laptop, meaning a huge share of computers now) and fans going.

You can mine only at a low level of usage without being noticed, but then you greatly reduce your output. And even then, it won't matter once the coin is widely adopted, because legitimate users will far outnumber botnets, and will drive the difficulty up to where professional miners (including botnet operators) won't be interested.

This conversation is fairly pointless though. This is a designed (legitimately, unlike most of the others) as a CPU coin and its going to remain a CPU coin for the immediate future, until perhaps a design flaw or other technological obstacle gets in the way.

If you don't like CPU coins, you should just move on to one of the hundreds of GPU and/or ASIC coins. If you stay here and post negatively about it, you are clearly being a troll or FUD bombing. Its all quite transparent.

[smooth]

Last I checked, discrete GPUs are an expensive technology largely confined to rich white Western males. Let's not pretend it's 'fair'. Just like everyone else, they're an interest group trying to serve themselves. It's actually a rather tiny community in the grand scheme (the world is pretty big), but they have a disproportionate presence on this forum.

Still, everyone can go buy a GPU - level playing field.  Not everyone can (and definitely should not) go create a large botnet and abuse their CPUs...

It's sure as hell more fair than hackers having 100, 200, 300 computer botnet farms mining CPU only coins.

Far more likely that the majority of the hashrate comes from people around the world renting VM instances mining MRO and paying for it.  

Lol.. no, it really isn't more likely.  Botnet is WAY more likely based on the history of CPU coins.

You're wrong about this. I have a screen shot that was PMed to me by someone who paid a lot of money for a lot of servers to mine this coin. He won't be outed by me ever but he does in fact exist. Truth.

There is little to no evidence of any massive botnet involvement with this coin. If and when it does happen, you will see malware detectors (false positive) flagging the miners, because the miners get incorporated into malware. If you knew as much as you claim to know about botnet mining, you would know this.

FUD bombing or trolling, which is it?

[blaaaaacksuit]

FUD bombing or trolling, which is it?

My estimation is he owns some DRK, but not enough to sell and hedge his bets with MRO so he's feeling threatened.  Either that or hes got a couple of R9's.  

[16888253]

I bought it at 50K sats...