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

[Crypto Fish]

Just posted a Updated Monero Mining vid, let me know what you all think:

https://www.youtube.com/watch?v=0vJ-e0KHY8E

[anubizz]

I really like Monero and i love the fact that the gui works with Tails OS, but don‘t you think it would be time for an easy to update/upgrade Debian package? I do not know how much work is behind this but for users like me, that need the wallet one or two times a month, it needs time to get all working after every version update.
Would be nice to see this working automated and quick by apt-upgrade.

[P$YN7H4X]

Hi, here in Croatia the state is using backdoor build into operating system to activate malware to bottleneck HDD and do not allow people to sync blockchain or it takes a lot of time to do that.. The state is using brain-computer interface to read your thoughts and passwords from my brain and using backdoor in operating system to get to my wallet and stealing cryptocurrency like that... I lost XMR and I lost BTC like that.. They stole my bitcoin talk account like that and I cannot get that back.. They can manipulate the whole brain like that and modify emotions, pain, simulate illnesses that produce reactions on the body and they cause cancer to develop using this technology.. Crooked state...
They can steal money from bank reading your credit card numbers, so it not safe to keep your money in bank..

[Phylantrop]

Loving the shift to CPU, since I am running a small to medium size CPU farm. Another side benefits, maybe the top Gaming GPUs will finally be less expensive and more available. Next level stuff I am waiting for is the 64 core Ryzen that was leaked, that thing is a beast on steroids!

[Hueristic]

Loving the shift to CPU, since I am running a small to medium size CPU farm. Another side benefits, maybe the top Gaming GPUs will finally be less expensive and more available. Next level stuff I am waiting for is the 64 core Ryzen that was leaked, that thing is a beast on steroids!

I took advantage of the drop in gpu profitability last time to pick up a nice GPU on the cheap.

[Phylantrop]

Loving the shift to CPU, since I am running a small to medium size CPU farm. Another side benefits, maybe the top Gaming GPUs will finally be less expensive and more available. Next level stuff I am waiting for is the 64 core Ryzen that was leaked, that thing is a beast on steroids!

I took advantage of the drop in gpu profitability last time to pick up a nice GPU on the cheap.

Brilliant! That's exactly what I am talking about. Going to build another gaming rig for the kids...

[pishite]

Me are interested in coin, but await the to its supported cold might Trezor one, podskajite is worth expect renewal from your team?
Or with this question I refer to the team of Trezor?

[Hueristic]

Loving the shift to CPU, since I am running a small to medium size CPU farm. Another side benefits, maybe the top Gaming GPUs will finally be less expensive and more available. Next level stuff I am waiting for is the 64 core Ryzen that was leaked, that thing is a beast on steroids!

Beware Monero people, this is a rogue Epic Cash con artist trying to lure people into the project and pump up the value of his dev tax wallet.

I've just finished reading the post history and appropriate threads, thanks for the heads up.

[sean123]

so who can i talk to around here to get a little dev help thanks in advance

[jwinterm]

so who can i talk to around here to get a little dev help thanks in advance

#monero-dev or #monero channels on freenode irc

[phishead]

I like how I feel like I'm actually getting something accomplished with "smart mining" on the new GUI...

getting 91 H/s currently

[Hueristic]

I like how I feel like I'm actually getting something accomplished with "smart mining" on the new GUI...

getting 91 H/s currently

I haven't looked at it but I read something about lottery so i assume its a solo if they are stating this in the description.

It is hoped that the relative slowness of a smart miner (especially on low-power machines) will be offset by the large amount of people running a miner for a possible "lottery win", and thus increase the Monero network security by a non trivial amount. The increased hash rate from many different sources helps keep the Monero network decentralized.

https://web.getmonero.org/resources/moneropedia/smartmining.html


I would think it would be impossible to find a block with that hash rather than improbable?

Thats not to say i don't welcome it but maybe there should be an algo that decides your hash is to low and throw you on a whitelist pool?

[phishead]

I like how I feel like I'm actually getting something accomplished with "smart mining" on the new GUI...

getting 91 H/s currently

I haven't looked at it but I read something about lottery so i assume its a solo if they are stating this in the description.

It is hoped that the relative slowness of a smart miner (especially on low-power machines) will be offset by the large amount of people running a miner for a possible "lottery win", and thus increase the Monero network security by a non trivial amount. The increased hash rate from many different sources helps keep the Monero network decentralized.

https://web.getmonero.org/resources/moneropedia/smartmining.html


I would think it would be impossible to find a block with that hash rather than improbable?

Thats not to say i don't welcome it but maybe there should be an algo that decides your hash is to low and throw you on a whitelist pool?

Hmm... that is an interesting idea.

Maybe there’s a beneficial role of incentivizing smart mining more if it automatically throws you in a “pool” with other smart miners to improve your chances?

[Hueristic]

I like how I feel like I'm actually getting something accomplished with "smart mining" on the new GUI...

getting 91 H/s currently

I haven't looked at it but I read something about lottery so i assume its a solo if they are stating this in the description.

It is hoped that the relative slowness of a smart miner (especially on low-power machines) will be offset by the large amount of people running a miner for a possible "lottery win", and thus increase the Monero network security by a non trivial amount. The increased hash rate from many different sources helps keep the Monero network decentralized.

https://web.getmonero.org/resources/moneropedia/smartmining.html


I would think it would be impossible to find a block with that hash rather than improbable?

Thats not to say i don't welcome it but maybe there should be an algo that decides your hash is to low and throw you on a whitelist pool?

Hmm... that is an interesting idea.

Maybe there’s a beneficial role of incentivizing smart mining more if it automatically throws you in a “pool” with other smart miners to improve your chances?

Funny I just remembered that I remember a time when i would have loved to be doing 90h/s on Monero.

[dEBRUYNE]

so who can i talk to around here to get a little dev help thanks in advance

Just state your question and someone will likely provide an answer.

[NeuroticFish]

I've just seen something that may be useful for Monero. Somebody claims to have been inventing a better anti ASIC PoW algo. https://bitcointalk.org/index.php?topic=5207996
I don't know if it's any good, but if it is, it may be useful for one of the next algo changes.

A downside is that he asks "financial support" for his project.

[Globb0]

It has been said along the way at some point we may stop fighting asics.


Think about it practically, an ASIC is an investment in the coin. Research, design, running, costs. Its in their interest the coin is valuable. Not "damp it to 0" phone meme.

Without this sizable bit of the market it feels like we are outside the big stream.


How could it be fairest? So maybe we run a version for a year or more in test that will be the final major revision and give everyone equal time to make and market ASIC Monero devices.

Then even some groups of people might club together and spin up something.

[Chicken_76]

Think about it practically, an ASIC is an investment in the coin. Research, design, running, costs. Its in their interest the coin is valuable.

Only if no other high-marketcap coins use that algorithm.

[Hueristic]

It has been said along the way at some point we may stop fighting asics.


Think about it practically, an ASIC is an investment in the coin. Research, design, running, costs. Its in their interest the coin is valuable. Not "damp it to 0" phone meme.

Without this sizable bit of the market it feels like we are outside the big stream.


How could it be fairest? So maybe we run a version for a year or more in test that will be the final major revision and give everyone equal time to make and market ASIC Monero devices.

Then even some groups of people might club together and spin up something.

This has been an on going debate and it is boiling down to the benefits v/s the rewards (which itself is a debate as security of the chain is a huge reward).

As I see it this is the arguments for constant algo morphing off the top of my head go ahead and fill in the blanks.

1) continued decentralization (security from attacks and continued egalitarian purpose)
2) the longer we can hold off asics the longer we have to find a truly asci proof method as once we change to something along the lines of a asic friendly algo its game over never going back as can be seen with bitcoin.
3) The need to create an entire network of asics for a decentralized asic cross over is posponed as many have just purchased cpus to support this algo.
4) we can also push back a algo change indefinitely as long as the asic manufacturers feel it is not in their interest to create and produce one. this has been accomplished already by the forks these last few years.

Now that we have drawn the line in the sand and PROVEN that we will back that statement up by forking the algo multiple times those that create and finance asics understand that they can effectively lost by funding a asic design and rolling it out if we fork again.

So I would propose we have a spare algo to fork to is a asic developed for RandomX and when the deadline comes for the next update we push it back if there is no evidence that one is or has been designed. Of course stateing publicly that we would do this would in effect negate the threat so it would have to be kept a secret from everyone except the devs who we can trust with the knowledge that this type plan could be implemented.

Either way I would say this has brought us breathing room. Another thing is if an asic cannot be a multitude of times more efficient than existing hardware then that is a consideration on whether to create that asic. there are many variables and alot of those questions can be answered by looking at the fpga hybrid boards and seeing how they fare when they have the proper bitstream.

Shit gotta run will finish my spitballing musings later.

[Febo]

It has been said along the way at some point we may stop fighting asics.


Think about it practically, an ASIC is an investment in the coin. Research, design, running, costs. Its in their interest the coin is valuable. Not "damp it to 0" phone meme.

Without this sizable bit of the market it feels like we are outside the big stream.


How could it be fairest? So maybe we run a version for a year or more in test that will be the final major revision and give everyone equal time to make and market ASIC Monero devices.

Then even some groups of people might club together and spin up something.

I dont look at RandomX as fighting ASIC miners. I look at RandomX as giving chance to CPUs that are everywhere to be able to mine. If we can, why not. If we cant as we could not with CryptonightR or how was called old algo, then not. As long as RandomX will work I am super glad we have it.