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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4266142 times)
visdude
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March 27, 2018, 08:46:39 PM
 #38301

If or when a asic company does produce a asic miner, they will be the first to mine with it before dumping the used hardware it onto unsuspecting or greedy buyers.

I personally think the hard fork is a good deterrent but it does not solve the real problem. The supply will only stop when the buying stop. They namely bitmain will be back with a bunch of new asic very soon, because that is just the company modus operandi.

The main reason people buy the X3, was because they calculated they could out mine the existing gpu miners and make a huge profit with a fast return on roi. When the fork does occur, there is no real loss for bitmain as they have already used those device 3 months ago to mine and blamed it on botnets. They sold a fair share of the x3 miner, and seeing as how they are willing to reduce their price to $3000, cost of production should be even lower.

But still I do give credits to the monero dev team for standing up and protecting their network and doing whats right for the community.


Then that brave someone would be a fool blinded by extreme greed. He/she is gonna lose big time in such a gamble. Reportedly, it takes at least 5 months to design, tape out and deliver ASIC chips; and the devs already declared that PoW will be modified at every scheduled 6-months fork thereafter (the deterrent).


I had to quote myself just in case you had missed my post which is just right before yours.

Assuming that they'd still be produced, how could such ASIC miners mine XMRs moving forward? If people would still buy them for the purpose of mining XMRs, then such greed-induced stupidity is on them and not on the Monero community.

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March 27, 2018, 10:03:31 PM
 #38302

hey Im trying to figure out some things about cryptonight algo

cn_slow_hash(const void *data, size_t length, char *hash, int variant, int prehashed

what do these params mean and what type of data should be passed in?  Huh Huh

Thanks
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March 27, 2018, 10:48:53 PM
 #38303

I have 2.5.1 xmrig now which is supposed to be ready for the fork.

Will there be an updated wallet released on April 6th @ getmonero.org?

I want to start mining monero after the fork.  Thank you
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March 28, 2018, 04:01:15 AM
Merited by notbatman (1)
 #38304

0.12.0.0 binaries released! https://github.com/monero-project/monero/releases

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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March 28, 2018, 06:13:40 AM
 #38305


I wonder how significant is the threat of FPGAs though since they are programmable.

There are always risks involved in any endeavor, most especially in the realm as complex as cryptocurrency development. But no risk, no reward/innovation.

Prices come and go. It's market-driven and still very speculative at this point in time. If the HF affects it at all, it'll be temporary as always. In fact, if the HF will be successful, it'll only excite the speculators. But such is for another thread.



FPGA's are far slower than Asics so there really ins't any worry there as far as I know. I think the only viable one is a Intel one that the ROI is so far away it isn't funny, it costs like 16 grand. I'm sure someone more familiar with the latest can give you better numbers.



Just dropping by to say this update to xmrstak supports the upcoming fork automatically, and it works well!

I thought it was slower than the current?

I believe PoW modify will become the paradigm within the crypto area after Monero's fork.

You just plagiarized me. I already stated exactly the same thing a few posts above.



Sometimes you will see the same sentiment posted because people usually answer as they read, I'm guilty of that but don't feel like going back and editing a post I spent 15 minutes writing.



I think you're right about this part of the scenario.  I highly doubt ASIC producers would further risk production costs for one-off algo changes. 



I don't think it changes the model.

ASICS is about front running and making it in a certain time frame. Before everyone catches up and return drops.

ROI must be calculated.

In a way killing all competition leaves a sweet opportunity for someone brave, if they can make enough hay while the sun is shining? they will be happy

Then that brave someone would be a fool blinded by extreme greed. He/she is gonna lose big time in such a gamble. Reportedly, it takes at least 5 months to design, tape out and deliver ASIC chips; and the devs already declared that PoW will be modified at every scheduled 6-months fork thereafter (the deterrent).



This is assuming alot, for instance that you are starting from scratch. Lets not forget they could have been modifying their design since the moment the new algo was available.

If or when a asic company does produce a asic miner, they will be the first to mine with it before dumping the used hardware it onto unsuspecting or greedy buyers. ...

True, not reaching ROI before announce public sale would be the pinnacle of bad business and they are not in that realm. We can be assured they have profited from this, the algo should have been ready to go and pushed out as soon as the large spike in January hit. Actually I argued this years ago to have this ready for this day. Some people are just not able to see the future or think they have all the time in the world. Specifically I was arguing for this to be ready when it was known Quantum systems were on the horizon. This was in no way shape or form a surprise.




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March 28, 2018, 06:37:02 AM
 #38306

Hi, when will be move to v7?

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March 28, 2018, 07:22:03 AM
 #38307

Hi, when will be move to v7?

Monero April 6 Hardfork


https://monero.stackexchange.com/questions/7838/monero-april-6-hardfork-guide
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March 28, 2018, 11:55:51 AM
 #38308

General information regarding the upcoming scheduled network upgrade and a call for community action

https://www.reddit.com/r/Monero/comments/87r8fk/general_information_regarding_the_upcoming/

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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March 28, 2018, 12:49:01 PM
 #38309

Those first few hours of mining after the fork... Cool
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March 28, 2018, 01:25:17 PM
 #38310

If only I had did not sell the actual monero. We sold this because I believed that marketplace cap is extremely high which is difficult to dual it.

   
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Nathan047
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March 28, 2018, 03:14:50 PM
 #38311

Those first few hours of mining after the fork... Cool

What about it? Will it be really profitable or something?

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March 28, 2018, 03:54:11 PM
 #38312

Next release of the GUI wallet will be avilable in 29 languages (12 more from 0.11.1). That's impressive job of contributors! https://github.com/monero-project/monero-gui/issues/1116

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
    Own Your Privacy! ─────────────────║ WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ║─────────────────
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March 28, 2018, 05:17:26 PM
 #38313

Hello everybody!
Tell me please whether there is a light Moneto purse for the computer like Electrum for bitcoin. It is not very convenient to store the entire chain of blocks on the computer.

And the second question - where on the computer is stored the Moneto wallet file? Huh
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March 28, 2018, 05:21:23 PM
 #38314

Hello everybody!
Tell me please whether there is a light Moneto purse for the computer like Electrum for bitcoin. It is not very convenient to store the entire chain of blocks on the computer.

And the second question - where on the computer is stored the Moneto wallet file? Huh

Answer is here.

Дoбpo пoжaлoвaть в pyccкoязычнoe cooбщecтвo Monero (XMR): фopyм: XMR.RU | Telegram: @XMR_RU ||| ✔️ My other contacts ✔️
➡️Пpeдocтaвляю ycлyги гapaнтa для пpoвeдeния бeзoпacныx cдeлoк, ▸мoя тeмa◂. ||| 🔑Maнyaл пo мyльтипoдпиcи для 🐹-нoвичкoв🔑 ||| ⚠️Just another thread about scammers⚠️
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March 28, 2018, 07:43:06 PM
 #38315

when hf v7 done  Huh Huh
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March 28, 2018, 08:28:38 PM
 #38316

Hello,
 I am synching my wallet and trying to get my AMD R7 250 set for mining.
After setting up Claymore I am showing connection to pool, but ZERO H/s.
Tried for 15 mins and no go.
Where should I look first?
Wait for synch to complete?
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March 28, 2018, 08:38:27 PM
 #38317

Hello,
 I am synching my wallet and trying to get my AMD R7 250 set for mining.
After setting up Claymore I am showing connection to pool, but ZERO H/s.
Tried for 15 mins and no go.
Where should I look first?
Wait for synch to complete?
If you are mining on a pool, you don't have to have your wallet synchronized. Look elsewhere.
What h/s says Claymore's miner you have?
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March 28, 2018, 09:20:16 PM
 #38318

I believe it's 11.2

(I just looked again at CMD line and see a "No ASM binary found for GPU 0" in red. Is that
the problem?)
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March 28, 2018, 11:04:05 PM
 #38319

Hello,
 I am synching my wallet and trying to get my AMD R7 250 set for mining.
After setting up Claymore I am showing connection to pool, but ZERO H/s.
Tried for 15 mins and no go.
Where should I look first?
Wait for synch to complete?

Syncing a wallet and GPU mining are two completely separate things and not related unless CPU mining in the GUI.

Do you have the proper AMD drivers installed?

Look in the claymore directory for the last *.txt or log file, I forget. That should tell you more on the mining side.

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.Viacoin
skladnikov
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March 28, 2018, 11:26:21 PM
 #38320

Rumor has it that the Commission for the transaction in the near future will increase significantly due to the release of new equipment for mining - can it be true? Huh

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