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

[3x2]

Monero is simply OK. 

thanks for letting us know

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[binaryFate]

when is the next block halving ?

The block reward will be decreased in 1mn! 

Though "halving" as with bitcoin and bitcoin-forks is meaningless in Monero: the block reward is smoothly decreased every block instead of suddenly divided by two every once in a while.
It is one of the rather simple things that are an obvious improvement (I never heard anybody claiming bitcoin "violent" approach is better than monero smooth one) over the bitcoin protocol.

[infovortice2013]

when is the next block halving ?

http://chainradar.com/xmr/chart

Look at the block reward chart

when is the next block halving ?

The block reward will be decreased in 1mn! 

Though "halving" as with bitcoin and bitcoin-forks is meaningless in Monero: the block reward is smoothly decreased every block instead of suddenly divided by two every once in a while.
It is one of the rather simple things that are an obvious improvement (I never heard anybody claiming bitcoin "violent" approach is better than monero smooth one) over the bitcoin protocol.

thanks bro

anyone know if can solo mine with a pentium dual core 3.2, and how much time to find a block?

[d0om]

when is the next block halving ?

http://chainradar.com/xmr/chart

Look at the block reward chart

when is the next block halving ?

The block reward will be decreased in 1mn! 

Though "halving" as with bitcoin and bitcoin-forks is meaningless in Monero: the block reward is smoothly decreased every block instead of suddenly divided by two every once in a while.
It is one of the rather simple things that are an obvious improvement (I never heard anybody claiming bitcoin "violent" approach is better than monero smooth one) over the bitcoin protocol.

thanks bro

anyone know if can solo mine with a pentium dual core 3.2, and how much time to find a block?

I wouldn't hold your breath.

[Arux]

when is the next block halving ?

http://chainradar.com/xmr/chart

Look at the block reward chart

when is the next block halving ?

The block reward will be decreased in 1mn! 

Though "halving" as with bitcoin and bitcoin-forks is meaningless in Monero: the block reward is smoothly decreased every block instead of suddenly divided by two every once in a while.
It is one of the rather simple things that are an obvious improvement (I never heard anybody claiming bitcoin "violent" approach is better than monero smooth one) over the bitcoin protocol.

thanks bro

anyone know if can solo mine with a pentium dual core 3.2, and how much time to find a block?

I wouldn't hold your breath.

with no more than 20hs/s, find a block will take roughly 2 years (don't expect more than 0.02xmr/day)
Save your electricity and buy your xmr.

[Hueristic]

OK, Off to the casino. wish me luck guys!

From one poker player to another, good luck

Carry on, Hueristic.

You are alright in my book. I was just trying to have a bit of fun, and your response did not disappoint.

Yeah, go double our college money. If there's a big dump we know you lost

OK, Off to the casino. wish me luck guys!

Good luck, the next XMR rise depends on your gains, as we know only you and rpietila buy the coins

Thx guys Just an FYI Even If I go on a massive heater I wouldn't spike the price anyway, I wait for dips and try to buy at the lows.

[papa_lazzarou]

 he made his signature way before evan decided to change the name to dash steal another project name and arrogantly flex his instamined muscles toward an unprotected nascent community.

FTFY

There can be only one TRUE DASH.

[smooth]

with no more than 20hs/s, find a block will take roughly 2 years (don't expect more than 0.02xmr/day)
Save your electricity and buy your xmr.

20 h/s is really low, although I didn't really understand the processor model he described. If it is a really old one then that is realistic and mining isn't recommended. I have a recent dual core that gets about 120 H/s and is profitable as long as your electricity rates aren't too high.

[Hueristic]

So here is an interesting question guys? Can a Dev sell the rights to a coin they started? Apparently one has and I think it may be illegal.

https://bitcointalk.org/index.php?topic=421615.msg10775630#msg10775630

...The development team acquired the rights to the name from a small abandoned crypto project "Dashcoin" although it was never intended to use the suffix "coin".
...

And a guy posted he is still ming and trading the coin that just got sold. Ramifications?

My post:

https://bitcointalk.org/index.php?topic=421615.msg10775758#msg10775758

If nothing else popping in the dash thread does bring up something new all the time.

[Arux]

with no more than 20hs/s, find a block will take roughly 2 years (don't expect more than 0.02xmr/day)
Save your electricity and buy your xmr.

20 h/s is really low, although I didn't really understand the processor model he described. If it is a really old one then that is realistic and mining isn't recommended. I have a recent dual core that gets about 120 H/s and is profitable as long as your electricity rates aren't too high.

i performed briefly a test on a pentium G2030 3ghz, 2 cores 2 threads no AES-NI support and yes i confirm 20h/s with Claymore CryptoNote CPU Miner v3.4 Beta - POOL without any tuning. so i don't spend time to look further

EDIT: 120h/s is pretty good for a dual-core.

[smooth]

i performed briefly a test on a pentium G2030 3ghz, 2 cores 2 threads no AES-NI support and yes i confirm 20h/s with Claymore CryptoNote CPU Miner v3.4 Beta - POOL without any tuning. so i don't spend time to look further

No AES-NI support = don't mine.

Ultra low end CPUs with <2 MB cache probably shouldn't mine either, even if they have AES-NI (not sure if such a thing exists, but I think so) but I haven't tested that.

If you do want to mine without a new computer, one way to do it would be to buy one or more 750ti GPUs. They are fairly cheap (often available for 120 USD or less) and reasonably efficient. I can't promise this will be profitable (depends on a lot of things), but it will definitely be more efficient than a non-AES-NI CPU.

[GingerAle]

i performed briefly a test on a pentium G2030 3ghz, 2 cores 2 threads no AES-NI support and yes i confirm 20h/s with Claymore CryptoNote CPU Miner v3.4 Beta - POOL without any tuning. so i don't spend time to look further

No AES-NI support = don't mine.

Ultra low end CPUs with <2 MB cache probably shouldn't mine either, even if they have AES-NI (not sure if such a thing exists, but I think so) but I haven't tested that.

If you do want to mine without a new computer, one way to do it would be to buy one or more 750ti GPUs. They are fairly cheap (often available for 120 USD or less) and reasonably efficient. I can't promise this will be profitable (depends on a lot of things), but it will definitely be more efficient than a non-AES-NI CPU.

yeah, all depends on xmr / usd. I've got xeon 771 series kickin out ~100 h/s using YAM. It's not that efficient (180 watts), but I got them sitting around, and at this network hashrate, I'd be kickin myself 4 years down the road for not running them.

[GingerAle]

its a good idea to solo mine, please support the network if you can. i mostly run with 1-3 threads in the background, found 2 blocks in maybe 6 months but i use an i7
but i dont do it becasue of the xmr, i do it to support the network, so solo mining is the important aspect here.
future smart mining feature will support people like me

yeah, I can't wait for smart miner. I tried compiling the thing, but there's some dependency at this point in alpha thats difficult for my noob level to make happen.

[Globb0]

What is it ?

[GingerAle]

What is it ?

Smart miner will make it so the bitmonerod miner runs whenever your PC is inactive - similar to how BOINC works (BOINC is a distributed computing network for science and other computation heavy things. if you remember SETI@home, its the same concept). The idea is that mining will become more of a passive thing for some people and it won't interfere with everyday computer use - won't eat up system resources.

[primer-]

xmr.to on /r/bitcoin , dont forget to upvote.
http://www.reddit.com/r/Bitcoin/comments/2z4b6j/pay_any_bitcoin_address_anonymously_with_monero/

[dEBRUYNE]

What is it ?

Smart miner will make it so the bitmonerod miner runs whenever your PC is inactive - similar to how BOINC works (BOINC is a distributed computing network for science and other computation heavy things. if you remember SETI@home, its the same concept). The idea is that mining will become more of a passive thing for some people and it won't interfere with everyday computer use - won't eat up system resources.

Adding this post from smooth to your comment:

Most of the previous "CPU only" coins are really scams and the developers already have GPU miner or know how to write one. There are a very few exceptions, almost certainly including this one.

I don't expect a really dominant GPU miner any time soon, maybe ever. GPUs are just computers though, so it is certainly possible to mine this on a GPU, and there probably will be a some GPU miner, but won't be so much faster as to put small scale CPU miners out of business (probably -- absent some unknown algorithmic flaw).

Everyone focuses on botnets because it has been so long since regular users were able to effectively mine a coin (due to every coin rapidly going high end GPU and ASIC) that the idea that "users" could vastly outnumber "miners" (botnet or otherwise) isn't even on the radar.  

The vision here is a wallet that asks you when you want to install: "Do you want to devote some of you CPU power to help secure the network. You will be eligible to receive free coins as a reward (recommended)   [check box]." Get millions of users doing that and it will drive down the value of mining to where neither botnets nor professional/industrial miners will bother, and Satoshi's original vision of a true p2p currency will be realized.

That's what cryptonote wants to accomplish with this whole "egalitarian mining" concept. Whether it succeeds I don't know but we should give it a chance. Those cryptonote guys seem pretty smart. They've probably thought this through better than any of us have.

[fluffypony]

Adding this post from smooth to your comment:

Those cryptonote guys seem pretty smart. They've probably thought this through better than any of us have.

May 2014...oh to be young and naïve again:-P

[pa]

What is it ?

Smart miner will make it so the bitmonerod miner runs whenever your PC is inactive - similar to how BOINC works (BOINC is a distributed computing network for science and other computation heavy things. if you remember SETI@home, its the same concept). The idea is that mining will become more of a passive thing for some people and it won't interfere with everyday computer use - won't eat up system resources.

Adding this post from smooth to your comment:

Most of the previous "CPU only" coins are really scams and the developers already have GPU miner or know how to write one. There are a very few exceptions, almost certainly including this one.

I don't expect a really dominant GPU miner any time soon, maybe ever. GPUs are just computers though, so it is certainly possible to mine this on a GPU, and there probably will be a some GPU miner, but won't be so much faster as to put small scale CPU miners out of business (probably -- absent some unknown algorithmic flaw).

Everyone focuses on botnets because it has been so long since regular users were able to effectively mine a coin (due to every coin rapidly going high end GPU and ASIC) that the idea that "users" could vastly outnumber "miners" (botnet or otherwise) isn't even on the radar.  

The vision here is a wallet that asks you when you want to install: "Do you want to devote some of you CPU power to help secure the network. You will be eligible to receive free coins as a reward (recommended)   [check box]." Get millions of users doing that and it will drive down the value of mining to where neither botnets nor professional/industrial miners will bother, and Satoshi's original vision of a true p2p currency will be realized.

It looks like 21e6 is thinking along these lines using ASICs: http://www.reddit.com/r/Bitcoin/comments/2z1a2q/what_is_21_inc_developing/cpewin0

[nachoig]

fluffypony, just a suggestion about MyMonero: you could submit it at Chrome Web Store and Firefox Marketplace.