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

[Globb0]

and we are live

Welcome to RandomX

[wwzsocki]

...Who needs some random no volume exchange anyway?

Have you seen my post above? Not only small exchanges start to remove Monero, but this is, of course, a bad thing and that is why I wanted to talk about it.

...yesterday one of biggest Polish crypto exchanges BitBay announced delisting all Monero trading pairs.

This is a huge announcement for Bitbay because Monero trading pairs are responsible for 95% of volumes on this exchange.

You can read more here: https://bithub.pl/wiadomosci/gielda-kryptowalut-bitbay-monero-regulacje-anonimowe-kryptowaluty/...

As you can see even exchanges that don't want to delist Monero will have to do this finally, so we can expect others to follow.

What will happen with Monero? DEEX exchanges are the next obvious step in my opinion and this is a good thing that we have such a possibility.

Only I start to be afraid that DEEX exchanges will be the next obvious target not only because they will have Monero trading pairs but they are fully decentralized and with no control so this makes them the next obvious enemy/problem for authorities.

In my opinion, what is happening to Monero right now should make the crypto community angry and maybe we will try to fight against, but TBH there is almost no reaction and finally all privacy coins and others like with Mimbewimble implementation will be delisted from all crypto exchanges.

[Globb0]

Is my i7 worth mining? everyone on the chat seemed to be lining up their actual in use PCs.

I supposed I missed the moment.

[Hueristic]

Is my i7 worth mining? everyone on the chat seemed to be lining up their actual in use PCs.

I supposed I missed the moment.

I'm not sure, you can look it up on here.

https://monerobenchmarks.info/index.php

Or ask here

https://bitcointalk.org/index.php?topic=5176747

My Cpu came in today but no Mobo or memory yet.


Great to see the RandomX Upgrade go off without a hitch!

[BoozyTalking]

This fork is some kind of joke? After 12 hours network hashrate only grow up and difficulty too. Another scam for private fpga miners/botnets.

[GEBucky]

This fork is some kind of joke? After 12 hours network hashrate only grow up and difficulty too. Another scam for private fpga miners/botnets.

Pretty sure there isn't a FPGA for RandomX. What we are seeing is a ton of CPUs hitting it, and pretty hard. Guess all those Ryzen and Threadrippers are having a good day. Profit went down considerably throughout the day.

[BoozyTalking]

This fork is some kind of joke? After 12 hours network hashrate only grow up and difficulty too. Another scam for private fpga miners/botnets.

Pretty sure there isn't a FPGA for RandomX. What we are seeing is a ton of CPUs hitting it, and pretty hard. Guess all those Ryzen and Threadrippers are having a good day. Profit went down considerably throughout the day.

Are you kidding? How they can have  "good day" if quantity of miners is growing up and difficalty too? They can mine same amount with previous algo. Brainless fork.

[dEBRUYNE]

This fork is some kind of joke? After 12 hours network hashrate only grow up and difficulty too. Another scam for private fpga miners/botnets.

Pretty sure there isn't a FPGA for RandomX. What we are seeing is a ton of CPUs hitting it, and pretty hard. Guess all those Ryzen and Threadrippers are having a good day. Profit went down considerably throughout the day.

Are you kidding? How they can have  "good day" if quantity of miners is growing up and difficalty too? They can mine same amount with previous algo. Brainless fork.

Hashrate per unit of energy expended is significantly higher for RandomX. That's why the hashrate and difficulty are increasing.

[Latines]

I liked that you divided the applications into 64 and 32. And made quick and easy access. Of course not the easiest. But still easier than some projects.

[sech1]

This fork is some kind of joke? After 12 hours network hashrate only grow up and difficulty too. Another scam for private fpga miners/botnets.

Pretty sure there isn't a FPGA for RandomX. What we are seeing is a ton of CPUs hitting it, and pretty hard. Guess all those Ryzen and Threadrippers are having a good day. Profit went down considerably throughout the day.

Are you kidding? How they can have  "good day" if quantity of miners is growing up and difficalty too? They can mine same amount with previous algo. Brainless fork.

Network hash grew 2.5 times bigger, CPU hashrate grew 7-10 times bigger. Do the math - profits for CPU have increased.

[Hueristic]

This fork is some kind of joke? After 12 hours network hashrate only grow up and difficulty too. Another scam for private fpga miners/botnets.

Thats the smell of victory son, stick around here and you will get used to it.



Grab a Ryzen and join the club.

[Iamtutut]

Waiting for my little one to arrive (3600X). Eagerly awaiting Zen 3 next year, I'll go for a big boy 

[ikicha]

Lol, network hashrate tripled in just 2 days

[Hueristic]

Lol, network hashrate tripled in just 2 days

And my Mobo/Mem isn't even here yet dammit!
Electric is ~$.16 here as well.

[NeuroticFish]

Lol, network hashrate tripled in just 2 days

Since it's easier to mine it, I fear the Monero price will fall even more 
Oh well, happy mining everybody.

[hd49728]

Since it's easier to mine it, I fear the Monero price will fall even more 
Oh well, happy mining everybody.

Why RandomX makes Monero becoming easier to mine? If it is not the truth, I think when FUDs go away, Monero will rise up again. I have still don't really catch the ideas and technical changes behind RandomX and what type of dramatical breaking things on Monero network as well as on estimated profits for miners.

[minen2e]

Lol, network hashrate tripled in just 2 days

Yeah did not think it would rise this much this fast. Making it very difficult for a new small pool to find a block. If you have some extras hashes please send them our way, just put up a 1 XMR bounty for first block finder at fungibly.xyz.

[lncm]

This fork is some kind of joke? After 12 hours network hashrate only grow up and difficulty too. Another scam for private fpga miners/botnets.

Pretty sure there isn't a FPGA for RandomX. What we are seeing is a ton of CPUs hitting it, and pretty hard. Guess all those Ryzen and Threadrippers are having a good day. Profit went down considerably throughout the day.

Are you kidding? How they can have  "good day" if quantity of miners is growing up and difficalty too? They can mine same amount with previous algo. Brainless fork.

Hashrate per unit of energy expended is significantly higher for RandomX. That's why the hashrate and difficulty are increasing.

This. My hashrate almost tripled with half the power, using only CPU, instead of CPU + 2 Vega's 56.

[Rolano]

This. My hashrate almost tripled with half the power, using only CPU, instead of CPU + 2 Vega's 56.

->

Be careful with buying GPU's for Monero mining, RandomX algo is coming soon and it will make GPU's very inefficient.

[Hueristic]

This. My hashrate almost tripled with half the power, using only CPU, instead of CPU + 2 Vega's 56.

->

Be careful with buying GPU's for Monero mining, RandomX algo is coming soon and it will make GPU's very inefficient.

He made that point as per the bolded.

@lncm IOU +sM