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

[Bhaal1]

Hi guys,
Please recommend a XMC pool, THX!

This is the Monero thread, not the XMC thread

So far Monero, Sumokoin and Stellite have changed Algo. IPBC is doing it in less then a week. They opted for a heavily changed algo which should be even harder to crack that Sumokoin one.

Is IPBC just increasing the scratchpad size? I don't think that'd help things, we saw with the Balkai ASIC that it didn't seem to change much (the Balkai could do CryptoNight and CryptoNight-Lite)

They will increase the size yes. But I think they are also changing some others things. That is why its taking them long. They wan't to do the best algo change out of all Cryponight coins. I think that is very good, but we will see. I really like the IPBC project.

Otherwise I bow down to Monero devs and community for sticking it up the ass for ASICs. Monero gained a lot of reputation in my eyes.

I second demotion i will support any coin that fights asic unless they are from scrypt or sha256. I think asic should stick to those algo. Kudos to monero team and monero community for choosing to stay as decentralized as possible.

This!

Also IPBC not only increasing the scratchpad they also adopt the monero changes and also implement a small custom tweak to the Cryptonight algorithm, so ASICs moving to MoneroV7 aren’t compatible.
See here --> https://ipbc.io/eng/announcements/ipbc-fork-available-in-testnet/

[notbatman]

I think an encrypted algorithm is possible for GPU/CPU, it could change every block.

[sweetspot]

Hey guyz i'm trying to mine xmr but xmrstak says tls_secure_algo false i dunno how to . can anyone tell me the right inputs for xmrstak, i have gtx1080ti and xeon e3 v1240 but i think cpu mining is not recommedded for this one. but how to mine with gtx? i'm trying to get connected to mineXMR.com or is this wrong place? Sorry i'm newbie

[explorer]

https://monerohash.com/nodes-distribution.html  stilll indicating ~2700 nodes.  Their hash rate indication has been out of whack for many months, but now appears to be on target at ~400MH/s?  Bye bye ASICs   

I haven't been able to keep tabs well while traveling, but I did manage to contribute my meager laptop to the hash rate for the first 12 hours after the fork.  Good to see the stabilization since that (last contact) point.  Overall, it looks like less drama than I anticipated after those first hours.  Good stuff.

[sweetspot]

any miners in here? i think this is wrong place sry

[dotachin]

Is Nanopool steal some profit? Mined 12h and got almost twice less than expected by their built-in calc or by whattomine, checked some miners from nanopool top-list and as noticed same less 30-40% difference in payouts and what is calculated for them

[jc12345]

Can someone please explain this article to me? It says there are 4 different Moneros now. Which one does the original dev team support?

https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

[explorer]

Can someone please explain this article to me? It says there are 4 different Moneros now. Which one does the original dev team support?

https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

There Can Be Only One.  XMR is still XMR.  Anything else is a fraud or a joke at this point.

[Globb0]

Nice to see that Monero and many other Cryptonight coins have changed there algo

Many others? oh pray tell

So far Monero, Sumokoin and Stellite have changed Algo. IPBC is doing it in less then a week. They opted for a heavily changed algo which should be even harder to crack that Sumokoin one.

Hurrah for them. Power to the people!

[Febo]

Already close to 300 mh/s and climbing fast.  Difficulty 35,651,679,881.

I hope it stabilizes soon.  It may see a spike while nicehash and everyone else decides to stick their rigs on it.

If it is best to mine crypto, many small miners will join in upcoming days and weeks.  Difficulty will go close to the one that it was. Well always depends on the price.  If price of Bitcoin with Monero will keep decreasing then hash rate will stop grow soon.

[denetci]

What is keeping the ASIC price/distribution so prohibitive? I would think the necessity of cheaper versions of these machines in the long-run for PoW survival would’ve incentivized more competition by now. If someone doesn’t come up with a way to break Bitmain’s monopoly soon, PoS is going to exploit this situation and become dominant. I agree the slash-and-burn strategy is the most effective method for now, but eventually you have to open up a supply line and go on offense.

[Dart315]

Can someone please explain this article to me? It says there are 4 different Moneros now. Which one does the original dev team support?

https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

There Can Be Only One.  XMR is still XMR.  Anything else is a fraud or a joke at this point.

Original members of the team are still working on Monero?

[Riptide_NVN]

I'm sticking with it no matter.  The mining payouts have been pretty dismal though.  Expected much better when difficulty and hash dropped by 3/4.

6000 kh/s and I've made about 0.135 monero in 3 days.  Bloody awful.

[notbatman]

I'm sticking with it no matter.  The mining payouts have been pretty dismal though.  Expected much better when difficulty and hash dropped by 3/4.

6000 kh/s and I've made about 0.135 monero in 3 days.  Bloody awful.

Here are the current stats for one of my modded RX580s from whattomine.com:





I can confirm I've made more than I would mining ETH using less power.

[smooth]

Can someone please explain this article to me? It says there are 4 different Moneros now. Which one does the original dev team support?

https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

There Can Be Only One.  XMR is still XMR.  Anything else is a fraud or a joke at this point.

Original members of the team are still working on Monero?

I'm not aware of any Monero team members who have left to work on any of these forks.

Since 2014 some team members have left for various reasons and some have joined but I think that was not what you were asking.

[Mrpumperitis]

https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

[nioc]

Hey guyz i'm trying to mine xmr but xmrstak says tls_secure_algo false i dunno how to . can anyone tell me the right inputs for xmrstak, i have gtx1080ti and xeon e3 v1240 but i think cpu mining is not recommedded for this one. but how to mine with gtx? i'm trying to get connected to mineXMR.com or is this wrong place? Sorry i'm newbie

You need to upgrade to at least 2.3 and for the algo choose monero7

Also all your old configs won't work so just put the new version in a new folder or just delete the old version first

[Alat2233]

I think in the future, this is the only anonymous coin that will have such tremendous community support and greater capitalization

[Myth888]

Can someone please explain this article to me? It says there are 4 different Moneros now. Which one does the original dev team support?

https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/

HMR is Monero. the rest are just trying to profit from the monero name. Seems like monero is getting as poplar as BTC or litecoin to get lots of forks...lol
And dont believe anything about bitcoin.com specially anything related to BTC or Monero forks. It is controlled by BCH supporters and Bitmain supporters

[Myth888]

I'm sticking with it no matter.  The mining payouts have been pretty dismal though.  Expected much better when difficulty and hash dropped by 3/4.

6000 kh/s and I've made about 0.135 monero in 3 days.  Bloody awful.

Mining was less on the early hours of the 1st day after the fork. But by mid day it was doing well. as it approach near the 720 blocks profit was better than the usual coins we mine. Now there is an equilibrium. Eth and Monero almost same profit if you factor in electricity cost.