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Author Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency  (Read 4633207 times)
xulescu
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May 18, 2014, 02:25:09 PM
 #2161

Quote from: stellarman
Maybe your last point is the part I don't understand. How does an individual get to 1 - 10 kH/s? I know the processor I am running now is pretty lame, and I am about to install a much faster (8-core) CPU. Let's say the new CPU doubles my clock speed, and that I can go from mining one thread to 15. That still only increases my hash rate from 9 H/sec to 270 H/sec. How does an individual get to 10 kH/s without running 40 - 100 machines? Is the something wrong with my math? Is there some other factor I am missing? I would love to be wrong about this.

Well you kinda answered yourself, only the numbers can be smaller. My home server is 24-thread and its a pretty common rig. I suppose i could squeze say 500 H/s. If i had 2 I would be at the lower bound of my interval. If i had a rack of them I would be close to the upper bound. Similarly for say, a school computer lab.
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May 18, 2014, 02:27:27 PM
 #2162

If you are mining on moneropool.org, please point your miners to mine.moneropool.org or pool.moneropool.org instead of moneropool.org. moneropool.org (and www.moneropool.org) will work for a few more days, but will become web servers only soon. If you are using the IP 198.199.79.100, you don't need to change anything.
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May 18, 2014, 02:33:06 PM
 #2163

I've got a couple of questions.

First, I'm mining on extremepool.org. "My Stats" shows that my hash rate is only 2 H/sec with a single core processor. Yet if I solo mine with the daemon, it shows my hash  rate as 9 H/sec (with the newest update from 17 May). What could be going on with that? Is the pool miner using the older, less-optimized code? At 2 H/sec, it seems I am wasting my time.

Second (and more importantly, I think), where the heck is all this hash power coming from?? It looks to me as though all of the pools combined account for only a very small percentage of the total hashing. It makes me wonder whether someone (or several someones) have figured out how to GPU mine Monero, and are grabbing most of the coins. If so, that is functionally equivalent to a private pre-mine, and I predict it will be bad for the long-term viability of the coin. And that would be a shame.

Any ideas?

Regarding the first question, are you sure you are using the updated simpleminer.exe? Also, is your single core hyperthreaded? If so, you could run two instances of simpleminer.
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May 18, 2014, 03:07:12 PM
 #2164

I've got a couple of questions.

First, I'm mining on extremepool.org. "My Stats" shows that my hash rate is only 2 H/sec with a single core processor. Yet if I solo mine with the daemon, it shows my hash  rate as 9 H/sec (with the newest update from 17 May). What could be going on with that? Is the pool miner using the older, less-optimized code? At 2 H/sec, it seems I am wasting my time.

Second (and more importantly, I think), where the heck is all this hash power coming from?? It looks to me as though all of the pools combined account for only a very small percentage of the total hashing. It makes me wonder whether someone (or several someones) have figured out how to GPU mine Monero, and are grabbing most of the coins. If so, that is functionally equivalent to a private pre-mine, and I predict it will be bad for the long-term viability of the coin. And that would be a shame.

Any ideas?

Did you wait for a bit as someone else suggested and see if your hashrate normalised on the pool? I actually get a higher hashrate using 8 threads of simpleminer on my 8 core machine than I do from solomining (also on extremepool.com). Also are you definitely using the latest simpleminer binaries? You probably are but it doesn't hurt to check.

I have noticed that the hashrate seems to be a lot, lot higher at the weekends & GMT evenings. I personally believe that the majority of the hashrate comes from sysadmins, using computers at their place of work (offices, schools etc) during the weekend downtime. As others have said, GPU mining may be theoretically possible but due to the algorithm it's unlikely that GPU gains will be as much. It's also possible that people are using cloud computing services (AWS, Microsoft Azure etc...) to throw lots of kh/s into the network. This is likely no longer very profitable (if it's still even profitable at all) given current hashrates and prices.

I only got into this coin just as difficulty was beginning to skyrocket but I believe in the underlying technology, the developers, and the community that is building up around Monero. While it is healthy to have concerns, I don't believe that there are secret GPU miners currently dominating the network, and the growth has been (for the most part) due to increased awareness of the coin and the Cryptonote technology. I'm starting to see people talking about Monero all over the internet - the cat is well and truly out of the bag now!
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May 18, 2014, 03:43:22 PM
 #2165

Today's blockchain.bin : => 18 May 2014 <=

Hope it will help   Wink
stellarman
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May 18, 2014, 03:51:29 PM
 #2166

I've got a couple of questions.

First, I'm mining on extremepool.org. "My Stats" shows that my hash rate is only 2 H/sec with a single core processor. Yet if I solo mine with the daemon, it shows my hash  rate as 9 H/sec (with the newest update from 17 May). What could be going on with that? Is the pool miner using the older, less-optimized code? At 2 H/sec, it seems I am wasting my time.

Second (and more importantly, I think), where the heck is all this hash power coming from?? It looks to me as though all of the pools combined account for only a very small percentage of the total hashing. It makes me wonder whether someone (or several someones) have figured out how to GPU mine Monero, and are grabbing most of the coins. If so, that is functionally equivalent to a private pre-mine, and I predict it will be bad for the long-term viability of the coin. And that would be a shame.

Any ideas?

Regarding the first question, are you sure you are using the updated simpleminer.exe? Also, is your single core hyperthreaded? If so, you could run two instances of simpleminer.
I'm pretty sure I am on the latest binaries, but I have not tried running a second instance of the miner. My CPU usage is already 99% with the single instance. Am I really going to get more hashing with another instance?

Thanks for your input.
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May 18, 2014, 04:01:32 PM
 #2167

looks like moneropool.org payed out. ~1.3 mro for participating in the 2 blocks found.

have to hook up the killawatt and see if i can somehow justify this as "profitable" Grin
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May 18, 2014, 04:08:50 PM
 #2168

I've got a couple of questions.

First, I'm mining on extremepool.org. "My Stats" shows that my hash rate is only 2 H/sec with a single core processor. Yet if I solo mine with the daemon, it shows my hash  rate as 9 H/sec (with the newest update from 17 May). What could be going on with that? Is the pool miner using the older, less-optimized code? At 2 H/sec, it seems I am wasting my time.

Second (and more importantly, I think), where the heck is all this hash power coming from?? It looks to me as though all of the pools combined account for only a very small percentage of the total hashing. It makes me wonder whether someone (or several someones) have figured out how to GPU mine Monero, and are grabbing most of the coins. If so, that is functionally equivalent to a private pre-mine, and I predict it will be bad for the long-term viability of the coin. And that would be a shame.

Any ideas?

Did you wait for a bit as someone else suggested and see if your hashrate normalised on the pool? I actually get a higher hashrate using 8 threads of simpleminer on my 8 core machine than I do from solomining (also on extremepool.com). Also are you definitely using the latest simpleminer binaries? You probably are but it doesn't hurt to check.

I have noticed that the hashrate seems to be a lot, lot higher at the weekends & GMT evenings. I personally believe that the majority of the hashrate comes from sysadmins, using computers at their place of work (offices, schools etc) during the weekend downtime. As others have said, GPU mining may be theoretically possible but due to the algorithm it's unlikely that GPU gains will be as much. It's also possible that people are using cloud computing services (AWS, Microsoft Azure etc...) to throw lots of kh/s into the network. This is likely no longer very profitable (if it's still even profitable at all) given current hashrates and prices.

I only got into this coin just as difficulty was beginning to skyrocket but I believe in the underlying technology, the developers, and the community that is building up around Monero. While it is healthy to have concerns, I don't believe that there are secret GPU miners currently dominating the network, and the growth has been (for the most part) due to increased awareness of the coin and the Cryptonote technology. I'm starting to see people talking about Monero all over the internet - the cat is well and truly out of the bag now!

I believe in the underlying technology too. That's why it is a bit distressing not be able to mine the coin profitably, even though I started trying around block 20,000. I believe enough in Monero to have bought several thousand on the exchange, in part because I wasn't having much luck with mining. I suppose if a lot of other people come to the same conclusions, and start buying instead of mining, the price will start to rise. I guess that would settle my concerns some.
xulescu
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May 18, 2014, 04:27:12 PM
 #2169



I believe in the underlying technology too. That's why it is a bit distressing not be able to mine the coin profitably, even though I started trying around block 20,000. I believe enough in Monero to have bought several thousand on the exchange, in part because I wasn't having much luck with mining. I suppose if a lot of other people come to the same conclusions, and start buying instead of mining, the price will start to rise. I guess that would settle my concerns some.

My numbers say it's always better to buy than mine. For  Monero, my home server pushes around 15 H/s (a single thread) because that's the right thing to do even if you don't mine. If everybody did this, we would have no centrazilation problem.
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May 18, 2014, 04:36:23 PM
 #2170

Today's blockchain.bin : => 18 May 2014 <=

Hope it will help   Wink

Thanks - is this for Linux or Windows? If Windows, 64 bit or 32 bit?



I believe in the underlying technology too. That's why it is a bit distressing not be able to mine the coin profitably, even though I started trying around block 20,000. I believe enough in Monero to have bought several thousand on the exchange, in part because I wasn't having much luck with mining. I suppose if a lot of other people come to the same conclusions, and start buying instead of mining, the price will start to rise. I guess that would settle my concerns some.

My numbers say it's always better to buy than mine. For  Monero, my home server pushes around 15 H/s (a single thread) because that's the right thing to do even if you don't mine. If everybody did this, we would have no centrazilation problem.


This is true for the most part, unless you get in right at day 0. Having said that, I still feel Monero is undervalued, so I leave all my rigs mining. Who knows where it may go down the line, I don't want to look back and kick myself for not getting what I thought was a relatively small amount at the time. That and for the decentralisation as you mention.
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May 18, 2014, 04:47:58 PM
 #2171

Please help me, I am mining on pool with cpuminer-multi. After start I got shares accepted, but after a couple of minutes I can't get any yay. Why? What is wrong?

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May 18, 2014, 04:54:09 PM
 #2172

Please help me, I am mining on pool with cpuminer-multi. After start I got shares accepted, but after a couple of minutes I can't get any yay. Why? What is wrong?

pool difficulty goes up and it takes more time to find shares. If you let it mine it should be okay after a while.
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May 18, 2014, 04:58:55 PM
 #2173

Please help me, I am mining on pool with cpuminer-multi. After start I got shares accepted, but after a couple of minutes I can't get any yay. Why? What is wrong?

pool difficulty goes up and it takes more time to find shares. If you let it mine it should be okay after a while.

So it's ok if it takes 10 minutes and nothing found? What a pool is stable? I checked about 3 pools and all down.

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May 18, 2014, 05:13:57 PM
 #2174

Please help me, I am mining on pool with cpuminer-multi. After start I got shares accepted, but after a couple of minutes I can't get any yay. Why? What is wrong?

pool difficulty goes up and it takes more time to find shares. If you let it mine it should be okay after a while.

So it's ok if it takes 10 minutes and nothing found? What a pool is stable? I checked about 3 pools and all down.
http://extremepool.org is up and stable, running latest pool code

http://www.extremepool.org (BCN) (MRO) (QCN) (XDN) (BBR) (AEON) (ORION) (DSH) (CRR) (INF8)
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May 18, 2014, 05:30:40 PM
 #2175

Please help me, I am mining on pool with cpuminer-multi. After start I got shares accepted, but after a couple of minutes I can't get any yay. Why? What is wrong?

pool difficulty goes up and it takes more time to find shares. If you let it mine it should be okay after a while.

So it's ok if it takes 10 minutes and nothing found? What a pool is stable? I checked about 3 pools and all down.
http://extremepool.org is up and stable, running latest pool code

The same goes for monerominers.com, hasn't been down yet. I'll upgrade to the latest code in a minute.
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May 18, 2014, 05:49:09 PM
Last edit: May 18, 2014, 07:06:04 PM by policymaker
 #2176

Bittrex tweet says they would like assistance from a dev to add cryptonote coins. Someone should get in touch

Yeah, Bittrex would be a very very good addition. They're also very responsive and fast to add.


yeha but if i cant get my wallet to work how will it ever load my mined monero? surely there must be some1 who knows why this error keeps coming up Sad

Before you run simplewallet.exe, you must run bitmonerod.exe, and give it time to sync.

When bitmonerod has synced, it will say Syncronized OK in green writing. Leave bitmonerod running, then you can open simplewallet and allow it to refresh. Simplewallet refreshes by connecting to bitmonerod.

thank you SO much, it is now working as intended! You must launch the bat as many times as the cores you have in cpu , is that right? Should I mine in another pool other than official?

Last but not least, I tried opening simpleminer with same commands in another PC, using same address, but it never launched. I guess I have to do same steps setting up a wallet, instead of just running it? I mean synchronizing to network before mining

XCurrency Price Speculation Topic
Coin Control Basic guide                                                                XChat address/private/instant/absolute: XSKu1fpwvRcAekfK91qVHi51Tgz4ckoA91
XChat public key: zcfx74j4fFK9hW7rQniTvLyDyXd9SyRCrncP9vdukbVT
sammy007
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May 18, 2014, 06:54:51 PM
 #2177

Please help me, I am mining on pool with cpuminer-multi. After start I got shares accepted, but after a couple of minutes I can't get any yay. Why? What is wrong?

pool difficulty goes up and it takes more time to find shares. If you let it mine it should be okay after a while.

So it's ok if it takes 10 minutes and nothing found? What a pool is stable? I checked about 3 pools and all down.
http://extremepool.org is up and stable, running latest pool code

I can't get any shares accepted or rejected after a minutes on a pool. Not only on extremepool. What is wrong with difficulty?

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May 18, 2014, 06:59:27 PM
 #2178

where can I look to see how many monero were given for a particular block?
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May 18, 2014, 07:00:11 PM
 #2179

where can I look to see how many monero were given for a particular block?
monerochain.info
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May 18, 2014, 08:13:13 PM
 #2180

If you mine with moneropool.org, please point your miners to the subdomains mine.moneropool.org or pool.moneropool.org instead of moneropool.org or www.moneropool.org. In ~24 hours mining on moneropool.org and www.moneropool.org will not work as those subdomains will be web servers only.
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