statdude
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Activity: 1498
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January 12, 2019, 08:19:28 PM |
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Hey Monero peeps! I wonder if anyone is left from the 2014 days? I saw Risto went down hill... and Cryptonaire or whatever seemed to move on to pumping shit like Verge... Any old official whales left? I wish you guys well. I was an original supporter but left the coin for unfortunately reasons in 2015 although in the back of my mind, I've been glad to see XMR be one of the few successes and break out over that epic June 2014 top of .01 BTC per coin. That was probably the "pump" that taught me how to trade the hard way, after mostly holding all the way down. Glad to see a UI finally came out, LOL! Are there any concerns about competition from Grimble-whatever and GRIN and other such coins in 2019? I bought some ZEC months/years back but XMR has royally kicked ZEC's ass, not gonna lie, and Zook hasn't impressed me really in interviews I've heard. I wouldn't mind dumping that shit if I can catch a pump, and getting back on board over here! I doubt XMR will ever go below that 0.01 price again, unless a better anon takes steem. that pump was sooo epic by 2014 standards, I'm sure it's rock solid support now  right??! |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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Hueristic
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Doomed to see the future and unable to prevent it
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January 12, 2019, 10:29:59 PM |
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People that support a privacy coin like to solo mine or mine on private pools, what's wrong with that? And do you think a 12 fold growth (from a low percentage to high) in a few days is normal organic growth? Well there should be a effort to find out if those Hybrid FPGA's add up to this added rate as they do release secret bitstreams and they do have a host service that may not be reporting. Although I don't see why they wouldn't report it as the pow will fork at the next upgrade just for the unknown factor even though IIRC it is a plan anyway. So basically if they report that rate it will not hurt them or change anything and would help them as no-one would be thinking about it being an attack. People that support a privacy coin like to solo mine or mine on private pools, what's wrong with that? And do you think a 12 fold growth (from a low percentage to high) in a few days is normal organic growth? Well I do think that the rapid growth is something to think about. Someone moving a big mining farm over from another coin? Someone received a bunch of FPGAs and finished programming a bitstream for CryptoNight variant 2?
I just think it's a bit silly to just see it and immediately scream that it's an attack.It's not even remotely silly, ALL POSSIBLE security threats need to be addressed and EVERY Attack vector (as I warned about json a year before the labs found the vulnerability) investigated. This is not some POS winblows OS, this is a currency that needs to remain unchangeable to serve its only function. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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mattcode
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January 13, 2019, 09:01:20 AM |
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It's not even remotely silly Running around screaming "ATTACK!!!" without knowing what's going on is definitely silly. ALL POSSIBLE security threats need to be addressed and EVERY Attack vector investigated. That's true, but this is just people mining the coin. as I warned about json a year before the labs found the vulnerability Do you have a link? I had a quick scroll through the MRL page on getmonero.org but didn't find anything. This is not some POS winblows OS, this is a currency that needs to remain unchangeable to serve its only function. But we change it every 6 months  |
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Hueristic
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January 13, 2019, 10:02:19 AM |
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It's not even remotely silly Running around screaming "ATTACK!!!" without knowing what's going on is definitely silly. I didn't see it as a spastic the sky is falling post, he was just looking for reasons. ALL POSSIBLE security threats need to be addressed and EVERY Attack vector investigated. That's true, but this is just people mining the coin. Can you prove that? as I warned about json a year before the labs found the vulnerability Do you have a link? I had a quick scroll through the MRL page on getmonero.org but didn't find anything. Sorry, DYOR This is not some POS winblows OS, this is a currency that needs to remain unchangeable to serve its only function. But we change it every 6 months We never change the chain, it is immutable. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Foxy4321
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January 13, 2019, 10:53:04 AM |
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today hash rate rose above 1000mh/s. it looks like an attack. I failed to take a picture  |
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mattcode
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January 13, 2019, 12:39:30 PM |
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ALL POSSIBLE security threats need to be addressed and EVERY Attack vector investigated. That's true, but this is just people mining the coin. Can you prove that? What else is it going to be? My point was that the coin is meant to be mined. as I warned about json a year before the labs found the vulnerability Do you have a link? I had a quick scroll through the MRL page on getmonero.org but didn't find anything. Sorry, DYOR Maybe my Google-fu is just weak, but I couldn't find anything. That's why I asked for a source. This is not some POS winblows OS, this is a currency that needs to remain unchangeable to serve its only function. But we change it every 6 months We never change the chain, it is immutable. You should have been more specific, that you meant the chain instead of the network/consensus rules. |
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7jaka7
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Activity: 628
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BTC, ETH, XMR, LTC
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January 13, 2019, 12:45:19 PM |
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Globb0
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Free spirit
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January 13, 2019, 01:07:12 PM |
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Thanks for the links  |
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onecryptoguy
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January 13, 2019, 05:53:41 PM |
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florida.haunted
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January 13, 2019, 09:46:34 PM |
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Thanks for the links Holly Shit! Today, according to https://miningpoolstats.stream/moneroXMR Network Hashrate = 528 MH/s Sum Hashrate Belongs To Known Pools = 330 MH/s UNKNOWN POOLS Hashrate = 528-330 = 198 MH/s ~= 200 MH/s UNKNOWN POOLS Hashrate / Sum Hashrate Belongs To Known Pools = 0.6 i.e. 60%. XMR Price = $42 XMR Network Hashrate / XMR Price = 528 / 42 = 12.5. Exactly year ago, January 2018, XMR Network Hashrate ~= 500 MH/s, XMR price ~= $400, XMR Network Hashrate / XMR Price ~= 1.25 https://bitinfocharts.com/comparison/monero-hashrate.html#1yhttps://bitinfocharts.com/comparison/monero-price.html#1yYou see, 1 year passed, XMR Network Hashrate ~= 500 MH/s as it was, but price dropped catastrophically from $400 to $40, ------------------- Dear Community Members, do you still believe this is NOT either 51% Attack or Hidden ASICs?! |
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jwinterm
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January 13, 2019, 10:41:34 PM |
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Thanks for the links Holly Shit! Today, according to https://miningpoolstats.stream/moneroXMR Network Hashrate = 528 MH/s Sum Hashrate Belongs To Known Pools = 330 MH/s UNKNOWN POOLS Hashrate = 528-330 = 198 MH/s ~= 200 MH/s UNKNOWN POOLS Hashrate / Sum Hashrate Belongs To Known Pools = 0.6 i.e. 60%. XMR Price = $42 XMR Network Hashrate / XMR Price = 528 / 42 = 12.5. Exactly year ago, January 2018, XMR Network Hashrate ~= 500 MH/s, XMR price ~= $400, XMR Network Hashrate / XMR Price ~= 1.25 https://bitinfocharts.com/comparison/monero-hashrate.html#1yhttps://bitinfocharts.com/comparison/monero-price.html#1yYou see, 1 year passed, XMR Network Hashrate ~= 500 MH/s as it was, but price dropped catastrophically from $400 to $40, ------------------- Dear Community Members, do you still believe this is NOT either 51% Attack or Hidden ASICs?! Brother, one year ago there was absolutely ASICs mining on the network and price was 10x higher. There's little chance it's ASICs imo, more likely FPGAs or some big farm(s) leaving eth ahead of hard fork. Who's going to invest money into development and production of ASICs that will most likely be bricked in less than six months at the (hopefully) tail end of a bear market? |
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smooth
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January 13, 2019, 11:57:29 PM |
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Good point about ETH. They are cutting their mining reward by 30% and it is happening on Wednesday. That's a HUGE amount of hash rate that is being effectively given the boot.
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Foxy4321
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January 14, 2019, 01:23:14 AM |
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Sipizter
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January 14, 2019, 06:31:04 AM |
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Thanks for the links Holly Shit! Today, according to https://miningpoolstats.stream/moneroXMR Network Hashrate = 528 MH/s Sum Hashrate Belongs To Known Pools = 330 MH/s UNKNOWN POOLS Hashrate = 528-330 = 198 MH/s ~= 200 MH/s UNKNOWN POOLS Hashrate / Sum Hashrate Belongs To Known Pools = 0.6 i.e. 60%. XMR Price = $42 XMR Network Hashrate / XMR Price = 528 / 42 = 12.5. Exactly year ago, January 2018, XMR Network Hashrate ~= 500 MH/s, XMR price ~= $400, XMR Network Hashrate / XMR Price ~= 1.25 https://bitinfocharts.com/comparison/monero-hashrate.html#1yhttps://bitinfocharts.com/comparison/monero-price.html#1yYou see, 1 year passed, XMR Network Hashrate ~= 500 MH/s as it was, but price dropped catastrophically from $400 to $40, ------------------- Dear Community Members, do you still believe this is NOT either 51% Attack or Hidden ASICs?! You are using too short time span at looking into this. Check this chart: https://bitinfocharts.com/comparison/monero-difficulty.htmlThe hashrate now (to me at least) seems more like return to normal after low hash period than anything else. |
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mattcode
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January 14, 2019, 11:54:34 AM |
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Hmm maybe there's some truth to what you're saying. The Monero Classic chain (the one with ASIC miners) dropped from 60.2B difficulty yesterday to 21B difficulty today. Maybe somebody is switching off their CryptoNightV0 ASICs and switching on their CryptoNightV2 ASICs?  edit and it looks like the XMC hashrate will continue to drop, their block times are super slow at the moment. |
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ggarbi
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January 14, 2019, 01:03:31 PM |
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What is up with monero hashrate is there new ASICs created for monero ?
hashrate increased TOO MUCH what is going on ?
its not profitable for GPU mining at all. i know no one cares but there is FPGA or ASIC on network very likely.
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Andretti83
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PRIVATE AND NOT PREMINED: MONERO, AEON, KARBO
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January 14, 2019, 02:06:54 PM
Last edit: January 14, 2019, 10:17:29 PM by Andretti83 |
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If someone so busy he can't spend 5 sec to look on the hashrate charts, I will help you. Monero hashrate is lower now than it was 3 month before. Stop panic (or fud). https://bitinfocharts.com/comparison/monero-hashrate.html#6m |
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Hueristic
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Activity: 3584
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Doomed to see the future and unable to prevent it
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January 14, 2019, 03:41:04 PM |
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Going to the one year will make it even more obvious, yet it's nice to see so many n00b accounts appearing that are so concerned with the coins well being. Might be time to buy, oh wait I never stopped. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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florida.haunted
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January 14, 2019, 06:47:46 PM |
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Man, I don't say there is a reason for panic, there is a point to think on our steps to PREVENT future panic. Your mistake is that you consider high network hashrate only APART of other signals of danger, you just see one step near you, not far a bit. 1. There is no big deal with hashrate itself, THE PROBLEM is how is this hashrate distributed among Known Pools. The danger is that 100% of new creepy hashrate DOES NOT BELONG TO KNOWN POOLS AT ALL. Unknown hashrate ~= 200MH/s while Known hashrate (belongs to Known Pools) ~=300 MH/s, so Unknown hashrate ~= 60% of Known hashrate. Note, I even don't speak that ASIC or Botnet owners MAY use known pools : they MAY but they DON'T. THIS IS THE MAIN PROBLEM THAT SEEMS LIKE 51% TRY-ATTACK. 2. Don't compare hashrates alone. Compare them IN PAIR with XMR price. For simplicity consider exactly 1 year period. Today hashrate ~=500Mhz, price ~=$45, but A YEAR AGO hashrate ~=500Mhz AS WELL (nothing changed) but price was ~= $400. You can see easily that mining profit drooped in ONE YEAR for TEN TIMES, not 2, not 5, but 10 times. Our Honest Miners that pay for electricity are becoming bankrupts right now! All we remember Bitcoin past at 2010-2011. When did Bitcoin mining begin to be completely UNprofitable to mine with GPU?! WHEN FPGA and ASICS came to the scene!!! But official politics of our community is to be FPGA- and ASIC-resistant, or generally speaking TO BE RESISTANT AGAINST ANY SPECIFIC MINING HARDWARE. When honest miners with GPUs that pay for electricity can't mine and become bankrupts - THIS IS DIRECT VIOLATION OF THE COMMUNITY POLITICS. Hmm maybe there's some truth to what you're saying. The Monero Classic chain (the one with ASIC miners) dropped from 60.2B difficulty yesterday to 21B difficulty today. Maybe somebody is switching off their CryptoNightV0 ASICs and switching on their CryptoNightV2 ASICs? edit and it looks like the XMC hashrate will continue to drop, their block times are super slow at the moment. May be you are right... Can you place here links to XMC hashrate/difficulty chart? |
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