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

[hedgy73]

I've just started mining for these coins and was wondering if my mining figures look ok.

Windows 7 64 bit.

i7 920 quad core running 4 threads. 55% CPU usage. 75 degrees temperature. Hashrate = 11.15
AMD phenom 955 black edition quad core running 2 threads. 52% CPU usage. 64 degrees temperature. Hashrate = 4.47

These are the most threads I can use for each processor without extreme usage (90% +) or temperatures (80 degrees +).

[BTCFinancials InvestGroup]

When will monero be on an exchange?

[hedgy73]

When will monero be on an exchange?

Until it is there's a buy / sell thread here: https://bitcointalk.org/index.php?topic=578192.0

[BTCFinancials InvestGroup]

Would you guys be okay with it if i reach out to busoni from poloniex and ask him to add the coin? I really see potential here

[nakaone]

Would you guys be okay with it if i reach out to busoni from poloniex and ask him to add the coin? I really see potential here

imo the best exchange to contact

[pozmu]

Exchange?
Maybe better idea is to start some services where you can usually use this coin?
Do we really want to be just another alt that people trade for BTC?

[BitKoot]

For anyone interested in trying out a Monero GUI wallet for Windows: https://bitcointalk.org/index.php?topic=589561.msg6654252#msg6654252.

I have made a graphical wrapper around the standard command line wallet and daemon. Check the link for details.

[archit]

For anyone interested in trying out a Monero GUI wallet for Windows: https://bitcointalk.org/index.php?topic=589561.msg6654252#msg6654252.

I have made a graphical wrapper around the standard command line wallet and daemon. Check the link for details.

How did you setup the JSON RPC API for daemon?

[equipoise]

^He didn't. He's just watching the logs of the simplewallet and bitmonerod and sending commands to them. The API is not used as I understand it.

[BitKoot]

^He didn't. He's just watching the logs of the simplewallet and bitmonerod and sending commands to them. The API is not used as I understand it.

Correct .

I did manage to get the JSON RPC calls working (although the JSON RPC of the daemon is not always actual JSON RPC, but just a HTTP POST to hostname:port/getinfo for example which returns simple JSON). I used the code from by bitcoind RPC wrapper (see link in my signature), it works in pretty much the same way.

[Raw-H]

Guys, what is the blockheight now?

Trying to figure out how long it'll take until monero is fully synced.

[BoscoMurray]

Hello. I like what I see here, so I'm going to get back into mining. Excited! I just wondered if any of you can help with a couple questions I have.

1. After setting up a machine with Ubuntu to mine, I was going to take an image of it and install the image on a couple more machines. Would I be able to start mining on all three machines to the same wallet address simultaneously?

2. If I install yet another instance on a Windows machine with a different wallet address, could I mine on the Ubuntu machines directly to the wallet address on the Windows machine? If so, does the Windows wallet need to be running at the same time?

Thanks folks

[kuno]

Guys, what is the blockheight now?

Trying to figure out how long it'll take until monero is fully synced.

Blockheight is now at 33649. You can download the blockchain as of May 8 in the OP to save time.

[GreekBitcoin]

Hello. I like what I see here, so I'm going to get back into mining. Excited! I just wondered if any of you can help with a couple questions I have.

1. After setting up a machine with Ubuntu to mine, I was going to take an image of it and install the image on a couple more machines. Would I be able to start mining on all three machines to the same wallet address simultaneously?

2. If I install yet another instance on a Windows machine with a different wallet address, could I mine on the Ubuntu machines directly to the wallet address on the Windows machine? If so, does the Windows wallet need to be running at the same time?

Thanks folks

On each bitmonerod you type:

start_mining   xxxyouraddressxxx   xxxnumberofthreadsxxx

so this way you can mine with all your VMs on a single wallet address


It doesnt matter if it is windows or linux. And you dont need to have your wallet running.

[BoscoMurray]

Hello. I like what I see here, so I'm going to get back into mining. Excited! I just wondered if any of you can help with a couple questions I have.

1. After setting up a machine with Ubuntu to mine, I was going to take an image of it and install the image on a couple more machines. Would I be able to start mining on all three machines to the same wallet address simultaneously?

2. If I install yet another instance on a Windows machine with a different wallet address, could I mine on the Ubuntu machines directly to the wallet address on the Windows machine? If so, does the Windows wallet need to be running at the same time?

Thanks folks

On each bitmonerod you type:

start_mining   xxxyouraddressxxx   xxxnumberofthreadsxxx

so this way you can mine with all your VMs on a single wallet address


It doesnt matter if it is windows or linux. And you dont need to have your wallet running.

Awesome, thanks

[aminorex]

Exchange?
Maybe better idea is to start some services where you can usually use this coin?
Do we really want to be just another alt that people trade for BTC?

That would be fine with me.  In general, I will hold my wealth in BTC, and use MRO when I want assurance of transactional privacy.  I will hold MRO reserves only in a small degree, until its competitive situation is clarified.  This is similar to the way Bitpay uses BTC as a transmission vehicle for USD.  Bearish speculators complain that this means sales of BTC, but in fact it increases the value of BTC by adding liquidity (as well as churning demand).  If MRO had the liquidity of BTC, it would have a similar level of utility, and people would use it in preference to BTC when they required transactional privacy which BTC does not offer.  The combination of liquidity and moderate downside risk, when it is present, will create a reserve demand, but until then the only sources of MRO demand will be speculation and payment transmission. 

I don't think it is reasonable to think that you can kick-start an alt economy with merchants and consumers.  Why would anyone choose to denominate their transactions in a minor alt unless it has proven itself to be a long-term value appreciation vehicle?  One tends to denominate transactions in the destination currency.  Plenty of people prefer BTC to USD for reserves, but does anyone yet prefer MRO to BTC for reserves?  Certainly not enough to create an independent economy.  MRO is good for what its good for.  In my opinion that is enough to insure that it is competing for a viable niche in the ecosystem.  It's relative fitness in competing for that niche has yet to be seen, and will be largely determined by (1) software engineering, and (2) the culture manifested in this thread, at this point.  When an exchange takes up MRO, that will simultaneously improve its fitness and provide an market-based measure of that fitness.

[Raw-H]

Guys, what is the blockheight now?

Trying to figure out how long it'll take until monero is fully synced.

Blockheight is now at 33649. You can download the blockchain as of May 8 in the OP to save time.

Ah thanks, fully synced now

[David Latapie]

That would be fine with me.  In general, I will hold my wealth in BTC, and use MRO when I want assurance of transactional privacy.

I agree. BTC and MRO would not directly compete: there is market for traceable transaction (public funding, donations...)

[Djinou94]

When the GUI come?

If you want to defeat bytecoin you need to get ahead them

[archit]

Progress Update: The code is C#(Network code) + C++/CLI (Crypto etc.)

Some of the native functions are done as of now

UPDATE 2: All done as far as required right now