Bitcoin Forum
June 19, 2018, 04:12:10 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 [1976] 1977 1978 »
  Print  
Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4242068 times)
Hueristic
Legendary
*
Offline Offline

Activity: 1652
Merit: 1036


Doomed to see the future and unable to prevent it


View Profile
June 14, 2018, 12:21:26 AM
 #39501

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote
The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

BITSLER                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
The World's Betting Exchange

Bet with play money. Win real Bitcoin. 5BTC Prize Fund for World Cup 2018.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529424730
Hero Member
*
Offline Offline

Posts: 1529424730

View Profile Personal Message (Offline)

Ignore
1529424730
Reply with quote  #2

1529424730
Report to moderator
1529424730
Hero Member
*
Offline Offline

Posts: 1529424730

View Profile Personal Message (Offline)

Ignore
1529424730
Reply with quote  #2

1529424730
Report to moderator
bit-coin-talk2u
Jr. Member
*
Offline Offline

Activity: 47
Merit: 0


View Profile
June 14, 2018, 12:49:36 AM
 #39502

https://altex.exchange/markets&pair=BTC_XMR&ref=1048


  Mining MONERO XMR

  Mining MONERO XMR

Easiest way to get a MONERO XMR wallet address for mining is go to
https://altex.exchange/markets&pair=BTC_XMR&ref=1048


this will help to avoid the need to generate MONERO XMR address with GUI wallet or CLI wallet
and avoid downloading of the entire blockchain (millions of blocks which could take up to a few days!)


Check out the MONERO XMR Price at
https://altex.exchange/markets&pair=BTC_XMR&ref=1048





Cool, much easier than getting stuck with the wallet.




























https://altex.exchange/markets&pair=BTC_XMR&ref=1048


  Mining MONERO XMR

  Mining MONERO XMR

Easiest way to get a MONERO XMR wallet address for mining is go to
https://altex.exchange/markets&pair=BTC_XMR&ref=1048


this will help to avoid the need to generate MONERO XMR address with GUI wallet or CLI wallet
and avoid downloading of the entire blockchain (millions of blocks which could take up to a few days!)


Check out the MONERO XMR Price at
https://altex.exchange/markets&pair=BTC_XMR&ref=1048





Cool, much easier than getting stuck with the wallet.
bbc.reporter
Hero Member
*****
Offline Offline

Activity: 770
Merit: 512



View Profile
June 14, 2018, 01:18:24 AM
 #39503

How closely is the Monero development team pursuing Bulletproofs? I reckon they are on Kovri's development, but is the research group looking at Bulletproofs closely and initial planning for it starting?

Just to say, Bulletproofs and Kovri are developed by two separate teams, so they getting progress simultaneously. According to Monero roadmap, both Bulletproofs and Kovri are scheduled this year, I suppose between fall and xmas.


I think BF is qued to roll out on next update (i think it was ready for the last but the devs correctly held it back for testing) and I'm not sure where korvie is.

Ok. How much smaller will Monero's blocks be after the upgrade to Bullet Proofs? Also, what is the average block size of Monero right now?

About 1/10th.

average blocksize: currently 140 kb or so :https://www.moneroblocks.info/stats/block-medians

Quote
I once tried to sync the blockchain but I gave up because it became very slow near the end. I assume that was RingCT making the blocks bigger than it should have been.

u should try again, there have been some improvements, and there will be more soon. Also, get an SSD. It can sync in 5 hours.

It is surprising that the blocks are not that big. I was expecting larger than average bitcoin blocks because of RingCT. But why does syncing slow down very much starting at a definite height? It appeared like Monero had 3mb blocks hehehe.

(                                   ▄▀▀▀▄
████▄          ▄█████████████████▄ ▄▀▀▀▄
██████▄      ▄█████████      ▀████▀▄▄▄▀
████▀██ ████ ██▀████▄▄▄▄▄     ▄████
████  ▀ ▀▀▀▀   █████████ ███████▀
███            ████▀▀▀▀▀     ▀███▄
███            ███████      ▄████
███            ██████████████████▀
▀▀▀            ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
                              ▀
                ▄▀▀▀▀▄ ▄▀▀▀▀▄ █ █▀▀▀▀▄
                █      █    █ █ █    █
                ▀▄▄▄▄▀ ▀▄▄▄▄▀ █ █    █
)     MB8Coin       .                           
     The new fuel for an existing........
     Loyalty Rewards Network...........
(   WEBSITE   ) (   FACEBOOK   ) (   TWITTER   )
.
(       WHITEPAPER      ) (      ANN THREAD       )
────────────────────────────────────────── 
jwinterm
Legendary
*
Offline Offline

Activity: 1610
Merit: 1016



View Profile
June 14, 2018, 01:27:07 AM
 #39504

How closely is the Monero development team pursuing Bulletproofs? I reckon they are on Kovri's development, but is the research group looking at Bulletproofs closely and initial planning for it starting?

Just to say, Bulletproofs and Kovri are developed by two separate teams, so they getting progress simultaneously. According to Monero roadmap, both Bulletproofs and Kovri are scheduled this year, I suppose between fall and xmas.


I think BF is qued to roll out on next update (i think it was ready for the last but the devs correctly held it back for testing) and I'm not sure where korvie is.

Ok. How much smaller will Monero's blocks be after the upgrade to Bullet Proofs? Also, what is the average block size of Monero right now?

About 1/10th.

average blocksize: currently 140 kb or so :https://www.moneroblocks.info/stats/block-medians

Quote
I once tried to sync the blockchain but I gave up because it became very slow near the end. I assume that was RingCT making the blocks bigger than it should have been.

u should try again, there have been some improvements, and there will be more soon. Also, get an SSD. It can sync in 5 hours.

It is surprising that the blocks are not that big. I was expecting larger than average bitcoin blocks because of RingCT. But why does syncing slow down very much starting at a definite height? It appeared like Monero had 3mb blocks hehehe.

For one thing Bitcoin has 1 MB block every 10 min, while Monero has 140 kB block every 2 min let's say, or 0.7 MB of blocks every 10 min. Also, block verification is much slower for Monero than Bitcoin (Cryptonight v. SHA256).
start the art
Sr. Member
****
Offline Offline

Activity: 291
Merit: 252



View Profile WWW
June 14, 2018, 05:39:59 AM
 #39505

BIG DISCOUNT

Original and unique abstract paintings
Price  550 USD
Price now 250 USD




[url=https://imgur.com/4N8jPtJ]






Wall sculpture,original and unique artwork
Price 650 USD
Price now 300 USD


Millionero
Sr. Member
****
Offline Offline

Activity: 369
Merit: 263


View Profile
June 14, 2018, 04:37:16 PM
 #39506

Support thread needs attention.
https://bitcointalk.org/index.php?topic=652305.680
florida.haunted
Full Member
***
Offline Offline

Activity: 159
Merit: 106


View Profile
June 14, 2018, 09:00:45 PM
 #39507

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote
The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.
Hueristic
Legendary
*
Offline Offline

Activity: 1652
Merit: 1036


Doomed to see the future and unable to prevent it


View Profile
June 15, 2018, 12:34:38 AM
 #39508

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote
The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Also lets not forget that that study does not have access to private pools so we can assume that they do not have the entire picture.

BITSLER                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
kamaljit.singh
Jr. Member
*
Offline Offline

Activity: 196
Merit: 3


View Profile
June 15, 2018, 02:14:55 AM
 #39509

https://www.youtube.com/watch?v=joAZQXp69Kw&feature=youtu.be …. #xmr @monero @MorphToken @qwkmonero @xcubicle @fluffypony #monero

M A E S T R O  ▾  Revolutionizing the Digital Music World  ▾  https://maestroproject.io/
Virtuoso
Legendary
*
Offline Offline

Activity: 1106
Merit: 1001



View Profile
June 15, 2018, 03:26:05 AM
 #39510

I’m transferring funds to mymonero wallet and mymonero wallet is not showing my xmr. Blocks behind keeps increasing. Is there a reason for this?


              ▀███▄
                ▀███▄
                 ▄███▀
       ▀███▄   ▄███▀ ▀███▄
         ▀███▄▀▀▀▀     ▀███▄
          ▄███▀         ▄███▀
▀███▄   ▄███▀ ▀███▄   ▄███▀ ▀███▄
  ▀███▄▀▀▀▀     ▀███▄▀▀▀▀     ▀███▄
   ▄███▀         ▄███▀         ▄███▀
 ▄███▀ ▀███▄   ▄███▀ ▀███▄   ▄███▀
▀▀▀▀     ▀███▄▀▀▀▀     ▀███▄▀▀▀▀
          ▄███▀         ▄███▀
        ▄███▀ ▀███▄   ▄███▀
       ▀▀▀▀     ▀███▄▀▀▀▀
                 ▄███▀

               ▄███▀
              ▀▀▀▀

.ELONCITY.
       ▄█████▄               ▐███▄▄
   ▄▓▓▓▓▓▓▓▓▓▓▓▓▄            ████████▄▄
   ▓ ▓██▓▓█▀▀▀█▓▓            ████████████▄▄
   ▓ ▓▓▓▓▓█████▓▓           ▐█████████████████▄
  ▓ ▓▓▓▓▓█▄▄▄█▓▓█▄         ▐███████████████████
 ██▓ ▓▓▓▓▓█▄▄▄█▓▓███▄       █      ▀▀▀▀▀▀████████▄
▐██▓ ▓▓▓▓▓█▄▄▄█▓▓█████▄  ▄▄▄█                ▀▀▀▀▀
▐██▓ ▓▓▓▓▓█▄▄▄█▓▓ ▀▀████████
▐██▓ ▓▓▓▓▓█▄▄▄█▓▓      ▀▀▀▀▐▌
 ███▓▓▓▓▓▓▓▓▓▓▓▓▀         
 ▐██▀██████████▀           
  ▀▀▐███████████          ▐▌
    ▐█████▐█████          ▐▌
     ████▌ ████▌         
     ▐███▌ ████          ▐▌
      ███  ▐██▌          ▐▌
    ▄▄███  ▐██▄▄         
   ██████▌ ██████       
....TELEGRAM..

Public Sale Coming Soon!

GingerAle
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 1000


View Profile WWW
June 15, 2018, 04:17:42 AM
 #39511

I’m transferring funds to mymonero wallet and mymonero wallet is not showing my xmr. Blocks behind keeps increasing. Is there a reason for this?

Why not just use a regular wallet?

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
Lontonbit
Full Member
***
Offline Offline

Activity: 350
Merit: 106


View Profile
June 15, 2018, 06:47:03 AM
 #39512

Dash has a bigger market cap, I prefer to invest in the TOP privacy coin! 👍💪😁 good luck to the small cap menero lol
Globb0
Legendary
*
Offline Offline

Activity: 1520
Merit: 1074


Another life begins today


View Profile
June 15, 2018, 09:47:27 AM
 #39513

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote
The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Maybe the botnets didn't bother to change over, they would appear to still be running, but against the old fork, wouldn't they?

Higher for the hardcore
smooth
Legendary
*
Offline Offline

Activity: 1806
Merit: 1047



View Profile
June 16, 2018, 12:55:15 AM
 #39514

I always assumed it was like 15%.

https://researchcenter.paloaltonetworks.com/2018/06/unit42-rise-cryptocurrency-miners/

Quote
The total hashrate above represents roughly 2% of the global hashing power mining the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today’s current exchange rates and network difficulty.

Heard this news too. I did estimate ~25% botnets/viruses and ~25% ASICs in this year beginning. As we can see since April 6, after anti-ASIC hard fork to CryptoNight variant 1, total hash rate became ~1/2 of the previous one. So, actually I did over-estimate botnets/viruses hashrate and under-estimate ASIC hash rate. Now it is evident, ASIC was THE MOST VIOLENT disaster of Monero's hashrate, ~50% of total one!

Now consider botnets/viruses. Most of them might update their mining algo since April 6, or even find new vulnerabilities to inject new mining algo. But total hashrate does not increase, furthermore it does slightly decrease since last Monero price fall at ~June 13. Note, ~2.5 months have been passed since April 6 hard fork. Enough time to improve/upgrade botnets/viruses! So, we CAN NEGLECT botnets/viruses hashrate at all. And this assertion fits with Josh Grunzweig result ~2% (of total hash rate) from the article you mentioned exactly.

From the other hand, essentially the fact that Monero CAN BE mined by viruses does confirm its superior anonymity and decentralization at once. Smart people don't run suspicious software or run them inside a virtual machine jail. Just said.

Maybe the botnets didn't bother to change over, they would appear to still be running, but against the old fork, wouldn't they?

Only if they were mining on their own pool (and also failed to update their pool), but that's not what we have ever seen for identified malware (like those in the article). It always seems to point at a public pool, in which case it would just stop mining at fork (if the pool updated, but most did).

Also, as stated above, in 2.5 months they would have upgraded by now if they could. Only ASICs can't.
Globb0
Legendary
*
Offline Offline

Activity: 1520
Merit: 1074


Another life begins today


View Profile
June 16, 2018, 08:04:36 AM
 #39515

Thanks for the thoughts, maybe they even lost control of the botnet by now. Anything is possible.

Higher for the hardcore
lncm
Member
**
Offline Offline

Activity: 232
Merit: 11


View Profile
June 16, 2018, 10:12:14 AM
 #39516

Could someone elaborate about Ledger Nano S Monero support?

Will it be required an upgraded firmware? Will it be native to Ledger Nano S or interface remains Monero Wallet with hardware validation (like MEW and Stellar wallets online)?

Thanks.

★★★ INTENSE COIN ★★★
BLOCKCHAIN BACKED DECENTRALISED P2P VPN
MediumTwitterSlackDiscordRedditFacebookWhitepaperBitcointalk Ann
Globb0
Legendary
*
Offline Offline

Activity: 1520
Merit: 1074


Another life begins today


View Profile
June 16, 2018, 10:31:07 AM
 #39517

I'm also poised to buy a Nano

Higher for the hardcore
Cora_ED
Jr. Member
*
Offline Offline

Activity: 70
Merit: 0


View Profile
June 16, 2018, 10:34:41 AM
 #39518

I'm going to buy some more coins XMR, at the current price on the market really want to do it. But as it has been more than once, when you buy, the price goes even lower. Who thinks the price of monero these days?

∿∿ HireGo ∿∿ P2P Car Sharing and Rental Platform on Ethereum Blockchain (https://hirego.io)
ILUzbek
Full Member
***
Offline Offline

Activity: 224
Merit: 100


Triwer - A Revolutionary Parcel Delivery Platform


View Profile
June 16, 2018, 10:56:23 AM
 #39519

against the background of a general market fall, I understand why the price of the coin fell so much, but still I think that the coin is promising and it will still grow

hush
Full Member
***
Offline Offline

Activity: 378
Merit: 100


View Profile
June 16, 2018, 11:06:30 AM
 #39520

against the background of a general market fall, I understand why the price of the coin fell so much, but still I think that the coin is promising and it will still grow

It is not a matter where is the price right now we still have good chance to make comeback when ongoing down trend will get finished. Monero will be among gainers in very short time of period it will be worth for it.

Financial services platform for crypto holders
 WHITEPAPER BITCOINTALK COOL BOUNTY   
Unleash the potential of crypto assets
⏰ Crowdsale starts on May 1, 2018 ⏰
Pages: « 1 ... 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 [1976] 1977 1978 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!