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

[-Kaizer-]

Make sure you use the releases available on the official GitHub Source for MoneroV. I downloaded the whole blockchain.raw and imported it (that too from the official source) when I first used my local node. Now using remote node, quite easy and I got free space on my notebook to store other things.

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[sundownz]

XMR price has bounced off the bottom a bit. Nice to see =)

I am trying to determine if I should keep mining it or change my CPU resources to something else.

Mining is not profitable for small participants on the long time perspective. It was discussed a lot since 2010-2011 when GPU mining was actual for Bitcoin. Furthermore, you see this spring/summer 2018 is poor and unstable in crypto price terms. Altcoins tend to dim much more, while Bitcoin itself dims a lot. Also note, when Monero price was dumped from $210 to $120, network hashrate did not change at all (now it even increases slowly in time frames of weeks or so).

From the other hand, the experienced crypto-traders can take stable profit in the virtually all the price variations. For example, if the price of a coin given decreases, but not monotonically, the experienced trader does take profit.

So I recommend to switch to trading activities and not only trading: for example, to learn/train the people who want to trade itself is profitable; to produce trade/news signals in a paid group is profitable; etc.

...Or you can get deeper into programming skills and help Monero community to write new code or to test existing apps. There are corresponding money bounties too.

So, there exist many interesting activities that have much more stable and solid profit than mining.

I am mining either way -- just that I have all my CPUs on Monero at the moment... so far have mined 50 XMR since starting on it but I've sold 44 along the way.

I have ~80 kH of CPU power on tap so it's not exactly small... nor is it super large, I suppose. Currently it still makes profit to mine XMR on them... but, as you said, much less than before.

I keep my GPUs on other stuff (also still making profit).

… but what I was wondering is if I should stay on Monero in hopes it will rise again in price or go to another coin... such as ITNS (which I mined for quite a while and HODL quite a few coins).

[Febo]

"How Monero’s accounts and subaddresses work"

Like this:  https://medium.com/@anhdres/how-moneros-accounts-and-subaddresses-work-in-monerujo-4fa7df0a58e4  ?

[florida.haunted]

Monero Mining Pool by HeroMiners


Pool Url: https://monero.herominers.com/


https://monero.herominers.com/
Payout threshold 1 XMR
Denomination Unit: 0.1 XMR
Payment Interval: 30 minutes
Pool Fee: 0.5%

Dedicated Server
Can Directly Mining To Exchange (Integrated,paymentID and subaddress support)
Worker hash rate charts
E-Mail Notification Of Miners Down
Configurable minimal payout
Telegram worker and payment notification bot.
Discord Channel: https://discord.gg/gvWSs84
Save your Hashrate!

Dear mining pool creators! You do have so much living energy! Just direct it to the smart river...

Could you do something more useful for the society than Yet Another Mining Pool with scam-like Payout threshold = 1 XMR?! We already have SEVERAL DOZENS of good to excellent pools with Payout threshold <= 0.3 XMR.

Furthermore, with your pool's tiny hashrate, one has to wait a week or two before he could confirm your pool is not a scam. Why should he take such a huge risk? There are MANY well-known pools with high hashrate so that pools may pay you up to several times per day.

Please read my full comment describing why mining is almost or definitely NOT profitable:
https://bitcointalk.org/index.php?topic=583449.msg41108057#msg41108057

Pool creation in order to increase decentralization WAS a useful task on the earlier stages of Monero community. Today this task is definitely saturated. Hope you'll find more useful and profitable business.

[dEBRUYNE]

"How Monero’s accounts and subaddresses work"

Link to article if anyone is interested:

https://medium.com/@anhdres/how-moneros-accounts-and-subaddresses-work-in-monerujo-4fa7df0a58e4

[kamaljit.singh]

$NIX (NIX Platform) and $XMR (Monero) are now live on Nanex! 🚀 For more on $NIX, follow @NIXplatform or go to https://nixplatform.io/  NIX Minimum Withdrawal: 5 NIX, Withdrawal Fee: 1 NIX XMR Minimum Withdrawal: 0.05 XMR, Withdrawal Fee: 0.01 XMR

[herominers]

Monero Mining Pool by HeroMiners


Pool Url: https://monero.herominers.com/


https://monero.herominers.com/
Payout threshold 1 XMR
Denomination Unit: 0.1 XMR
Payment Interval: 30 minutes
Pool Fee: 0.5%

Dedicated Server
Can Directly Mining To Exchange (Integrated,paymentID and subaddress support)
Worker hash rate charts
E-Mail Notification Of Miners Down
Configurable minimal payout
Telegram worker and payment notification bot.
Discord Channel: https://discord.gg/gvWSs84
Save your Hashrate!

Dear mining pool creators! You do have so much living energy! Just direct it to the smart river...

Could you do something more useful for the society than Yet Another Mining Pool with scam-like Payout threshold = 1 XMR?! We already have SEVERAL DOZENS of good to excellent pools with Payout threshold <= 0.3 XMR.

Furthermore, with your pool's tiny hashrate, one has to wait a week or two before he could confirm your pool is not a scam. Why should he take such a huge risk? There are MANY well-known pools with high hashrate so that pools may pay you up to several times per day.

Please read my full comment describing why mining is almost or definitely NOT profitable:
https://bitcointalk.org/index.php?topic=583449.msg41108057#msg41108057

Pool creation in order to increase decentralization WAS a useful task on the earlier stages of Monero community. Today this task is definitely saturated. Hope you'll find more useful and profitable business.

Thanks for feedback. I changed it.

https://monero.herominers.com/
Payout threshold 0.3 XMR
Denomination Unit: 0.001 XMR
Payment Interval: 30 minutes
Pool Fee: 0.5%

[dEBRUYNE]

GUI v0.12.2.0 released!

https://www.reddit.com/r/Monero/comments/8vkx2g/gui_v01220_released/

[Hueristic]

GUI v0.12.2.0 released!

https://www.reddit.com/r/Monero/comments/8vkx2g/gui_v01220_released/

Nice, what does this mean?

which includes indirect Ledger support

[dEBRUYNE]

GUI v0.12.2.0 released!

https://www.reddit.com/r/Monero/comments/8vkx2g/gui_v01220_released/

Nice, what does this mean?

which includes indirect Ledger support

You have to generate the Ledger Monero wallet with the CLI (only once though), but you can subsequently use it with the GUI.

[BTCIV]

I just downloaded the gui for mac from getmonero.org like I always do. 30 seconds after bitdefender goes crazy about ADWARE.MAC.GENERIC 10313 and other on all monero processes. Wtf is going on? Is it just me or what?
I must do a full clean reinstall now for security but why i even got that? Never happened before it's really scary.

[mattcode]

I just downloaded the gui for mac from getmonero.org like I always do. 30 seconds after bitdefender goes crazy about ADWARE.MAC.GENERIC 10313 and other on all monero processes. Wtf is going on? Is it just me or what?
I must do a full clean reinstall now for security but why i even got that? Never happened before it's really scary.

Can you run sha256sum on the file that you've downloaded? It should be 298ff610d3c18afe1ae78691fa995d7f0e0ab39cd768de3ce6616e4678ee57b8. If it isn't, you've downloaded malware from a fake website.

It might just be that your antivirus detects the miner in the daemon (but it if this was the case, it should have been tagged as miner instead of generic adware).

[BTCIV]

I just downloaded the gui for mac from getmonero.org like I always do. 30 seconds after bitdefender goes crazy about ADWARE.MAC.GENERIC 10313 and other on all monero processes. Wtf is going on? Is it just me or what?
I must do a full clean reinstall now for security but why i even got that? Never happened before it's really scary.

Can you run sha256sum on the file that you've downloaded? It should be 298ff610d3c18afe1ae78691fa995d7f0e0ab39cd768de3ce6616e4678ee57b8. If it isn't, you've downloaded malware from a fake website.

It might just be that your antivirus detects the miner in the daemon (but it if this was the case, it should have been tagged as miner instead of generic adware).

No got it from official website, confirmed on reddit that bitdefender is acting crazy.

https://old.reddit.com/r/Monero/comments/8vkx2g/gui_v01220_released/

[syphen]

Crime outside of it doesnt matter, biggest issue govs hav will be tax evasion  and xmr will give them  trouble. But i don't  think it will be good for xmr as they will come down hard in it

[Ano]

Crime outside of it doesnt matter, biggest issue govs hav will be tax evasion  and xmr will give them  trouble. But i don't  think it will be good for xmr as they will come down hard in it

Maybe in future dev will make some changes to make this coin fit for regulatory policy. But this coin has more better features as compare with any other coin available in the market and future is looking more bright.

[Whtwabbit]

Crime outside of it doesnt matter, biggest issue govs hav will be tax evasion  and xmr will give them  trouble. But i don't  think it will be good for xmr as they will come down hard in it

Maybe in future dev will make some changes to make this coin fit for regulatory policy. But this coin has more better features as compare with any other coin available in the market and future is looking more bright.

Quaint idea, I'm just wondering if you are spanish?

[kamaljit.singh]

New @MyMonero app for iOS is just amazing.. great work devs! Keep up the good shit #xmr @monero #alts

[Hueristic]

Crime outside of it doesnt matter, biggest issue govs hav will be tax evasion  and xmr will give them  trouble. But i don't  think it will be good for xmr as they will come down hard in it

And in reality that is the only crime the US gov really cares about, unless its from the 1%.

Crime outside of it doesnt matter, biggest issue govs hav will be tax evasion  and xmr will give them  trouble. But i don't  think it will be good for xmr as they will come down hard in it

Maybe in future dev will make some changes to make this coin fit for regulatory policy. But this coin has more better features as compare with any other coin available in the market and future is looking more bright.

Oh you mean like adding something that we could maybe call view keys?

[dEBRUYNE]

Ledger GUI guides (requires GUI v0.12.2.0)

https://www.reddit.com/r/Monero/comments/8vr4nu/ledger_gui_guides_requires_gui_v01220/

[bitebits]

I believe the setup of a new wallet contains a bug (Linux 64bit 12.2.0 GUI):

- The radio button implies you need to select an option: Testnet or Stagenet.

- Since I don't want Testnet, I assume Stagenet means the Mainnet (not true).

- Once Stagenet is selected, you can't deselect it anymore. You have to now chose between Testnet or Stagenet.

- Once Stagenet is selected, you can't switch to the Mainnet anymore from within the wallet.

- Even after deleting the generated wallet, still the radio button has Stagenet selected.

- Even after deleting the entire Monero folder, still the radio button has Stagenet selected.


How do I now switch to Mainnet? From a usability point of view, I would at least expect a third radio button called 'Mainnet' (but preferably would like to get rid entirely of Testnet and Stagenet in the default setup).
Thanks.