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

[Anon136]

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

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[Hueristic]

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.

"XMR-Stak 2.3.0 - The PoWs They Are a-Changin' - released!"

https://www.reddit.com/r/Monero/comments/874ovk/xmrstak_230_the_pows_they_are_achangin_released/

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.

[kostepanych2]

Hi, when will be move to v7?

[Techray]

Hi, when will be move to v7?

Monero April 6 Hardfork


https://monero.stackexchange.com/questions/7838/monero-april-6-hardfork-guide

[dEBRUYNE]

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/

[notbatman]

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

[dazbarlby]

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.

[Nathan047]

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

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

[soixantedix]

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

[Gvest]

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?

[TheFuzzStone]

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?

Answer is here.

[hoatuthan]

when hf v7 done 

[ShimmyShimmyCocoaBop]

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?

[Nik4691]

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?

[ShimmyShimmyCocoaBop]

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?)

[owlcatz]

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.

[skladnikov]

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?

[ShimmyShimmyCocoaBop]

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

OK, this is what just ran from the top..

18:13:29:252   3044   args: -xpool NsGpuCNMiner -o stratum+tcp://mine.moneropool.com:3333 -xwal 47a33Ss8j5n9U3fBYKsqQ6EmvbCXHJCJJEKSBudyLWy1AZVWGUXYmNr55W1opa5kZEBsNHoMkgEgwZh 7thLzvgf3JqyU6KM -xpsw x
18:13:29:255   3044   
18:13:29:257   3044   ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ»
18:13:29:259   3044   º           Claymore's CryptoNote AMD GPU Miner v11.2            º
18:13:29:261   3044   ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍͼ
18:13:29:263   3044   
18:13:29:265   3044   b533
18:13:29:473   3044   XMR: 1 pool is specified
18:13:29:478   3044   Main Monero pool is mine.moneropool.com:3333
18:13:30:898   3044   OpenCL platform: NVIDIA CUDA
18:13:30:900   3044   OpenCL platform: AMD Accelerated Parallel Processing
18:13:30:907   3044   OpenCL initializing...
18:13:30:910   3044   driver 10.0.2442.9
18:13:30:912   3044   AMD Cards available: 1
18:13:30:916   3044   GPU #0: Oland (AMD Radeon R7 200 Series), 2048 MB available, 6 compute units (pci bus 4:0:0)
18:13:30:918   3044   card 0, m1 2048, m2 1523 w 48
18:13:30:920   3044   POOL version
18:13:30:923   3044   b141
18:13:30:925   3044   Platform: Windows
18:13:31:329   3044   No ASM binary found for GPU 0
18:13:31:428   3044   GPU #0 algorithm ASM, -h 384, -dmem 0 (Memory used: 787MB)
18:13:31:432   3044   Total cards: 1
18:13:44:778   3044   Watchdog enabled
18:13:44:786   3044   Remote management (READ-ONLY MODE) is enabled on port 3333
18:13:44:788   3044   

18:13:48:742   2f7c   XMR: Stratum - connecting to 'mine.moneropool.com' <138.201.31.12> port 3333 (unsecure)
18:13:52:157   2f7c   send: {"method": "login", "params": {"login": "47a33Ss8j5n9U3fBYKsqQ6EmvbCXHJCJJEKSBudyLWy1AZVWGUXYmNr55W1opa5kZEBsNHoMkgEgwZh 7thLzvgf3JqyU6KM", "pass": "x", "agent": "xmr/1.0"}, "id": 1}

18:13:52:164   2f7c   XMR: Stratum - Connected (mine.moneropool.com:3333) (unsecure)
18:13:52:309   2f7c   got 303 bytes
18:13:52:314   2f7c   buf: {"id":1,"jsonrpc":"2.0","error":null,"result":{"id":"678143309336155","job":{"blob":"0606fac1f0d505538589957a4275b5d6862d2033ffa67fbb320565344d02450bae41c8699c6ff30 0000000fce28948617b19e5ac7d6bc8c87e4eb5416692766ad53905131f5f15df41352401","job_id":"805654660682193","target":"169f0200"},"status":"OK"}}

18:13:52:319   2f7c   parse packet: 302
18:13:52:324   2f7c   new buf size: 0
18:14:03:098   2f7c   got 253 bytes
18:14:03:100   2f7c   buf: {"jsonrpc":"2.0","method":"job","params":{"blob":"060689c3f0d505550315ee8c474c3edeac8127c1ad35692ef841c3765f9a0ed31c2d603588b5330 00000005d656870ee85dbc1f142df77edbcd92509f6530b3ac80f6a274a1bc957f8e21209","job_id":"889925115508958","target":"169f0200"}}

18:14:03:103   2f7c   parse packet: 252
18:14:03:105   2f7c   new buf size: 0
18:14:03:108   2f7c   XMR: 03/28/18-18:14:03 - New job from mine.moneropool.com:3333
18:14:03:110   2f7c   target: 0x00029f16 (diff: 25000H)
18:14:03:113   2f7c   XMR - Total Speed: 0 H/s, Total Shares: 0, Rejected: 0, Time: 00:00
18:14:03:116   2f7c   XMR: GPU0 0 H/s
18:14:14:828   3044   GPU0 t=36C fan=25%

[visdude]

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.

I'd say there's a lot of assumption in your statement as well. That's all we can do really -- assume or make educated guesses based on whatever facts we have. We don't know what these mofos would do...or don't do. They could always try but whether or not they will have success remains to be seen. Time will tell. The fact is that the "deterrent" now exist.

Anyhow, to my understanding, the 5-month+ ASIC delivery time frame is just for the delivery of the wafers themselves. It doesn't include the time required for subsequent processes/fabrication/manufacturing (dicing, PCB design and fabrication, mounting, assembly of finished product, etc.). This would then amount to way over 6 months (beyond regular HF schedule) before a functional ASIC miner could be realized. Furthermore, I don't think the masks could be altered on-the-fly once they are created. I assume that any design change would necessitate the process of creating an entirely different set of masks (thereby requiring more time) which is very expensive. Please correct me if this assumption is inaccurate.

[chennan]

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.

I'd say there's a lot of assumption in your statement as well. That's all we can do really -- assume or make educated guesses based on whatever facts we have. We don't know what these mofos would do...or don't do. They could always try but whether or not they will have success remains to be seen. Time will tell. The fact is that the "deterrent" now exist.

Anyhow, to my understanding, the 5-month+ ASIC delivery time frame is just for the delivery of the wafers themselves. It doesn't include the time required for subsequent processes/fabrication/manufacturing (dicing, PCB design and fabrication, mounting, assembly of finished product, etc.). This would then amount to way over 6 months (beyond regular HF schedule) before a functional ASIC miner could be realized. Furthermore, I don't think the masks could be altered on-the-fly once they are created. I assume that any design change would necessitate the process of creating an entirely different set of masks (thereby requiring more time) which is very expensive. Please correct me if this assumption is inaccurate.

To be honest I have no idea what it takes or doesn't take to get ASICs redesigned and manufactured, but fact of the matter is, is that I absolutely love the fact that the monero devs take an active stance against the status quo of having centralized miners be a "norm".  It's just like when Riccardo took a huge stand up to people 'per-announcing' things in order to market them selves for the hype.