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

[canonsburg]

Due to all the talk about Claymores Closed Source 5% Gpu Miner, I have paid Wolf to release his OpenCL for the Gpu miner on github and have some of the opensource community contribute and himself aswell.

The initial idea was to pay him 10BTC to do the project and release a working miner. I have changed plans due to Wolf being tired + pool owners wanting to cut Claymores 5% which could cause other bigger problems.

I paid him a total of 3BTC to release the code. He will be updating here in a few hours.

Awesome work! Wolf delivers again.

Have you benchmarked it yet? What type of speed are we talking about?

[1714132114]

1714132114

[edubai]

xmr.farm fast and reliable monero pool !  

[HardwarePal]

Due to all the talk about Claymores Closed Source 5% Gpu Miner, I have paid Wolf to release his OpenCL for the Gpu miner on github and have some of the opensource community contribute and himself aswell.

The initial idea was to pay him 10BTC to do the project and release a working miner. I have changed plans due to Wolf being tired + pool owners wanting to cut Claymores 5% which could cause other bigger problems.

I paid him a total of 3BTC to release the code. He will be updating here in a few hours.

Awesome work! Wolf delivers again.

Have you benchmarked it yet? What type of speed are we talking about?

Its fairly slow and thats why he preferred other people look at it aswell to fine tune bugs.
I havent personally tested it to be honest.

[darlidada]

Due to all the talk about Claymores Closed Source 5% Gpu Miner, I have paid Wolf to release his OpenCL for the Gpu miner on github and have some of the opensource community contribute and himself aswell.

The initial idea was to pay him 10BTC to do the project and release a working miner. I have changed plans due to Wolf being tired + pool owners wanting to cut Claymores 5% which could cause other bigger problems.

I paid him a total of 3BTC to release the code. He will be updating here in a few hours.

Awesome work! Wolf delivers again.

Have you benchmarked it yet? What type of speed are we talking about?

Its fairly slow and thats why he preferred other people look at it aswell to fine tune bugs.
I havent personally tested it to be honest.

Wolf posted about the Unfinished CryptoNight OpenCL (AMD) miner here : https://bitcointalk.org/index.php?topic=671784.msg7607966#msg7607966

[statdude]

Any relation to all this miner talk and the recent sells (now down to 0.00038)?

[HardwarePal]

Any relation to all this miner talk and the recent sells (now down to 0.00038)?

Highly irrelevant imo (maybe Claymores pissed)


Polo Troll Box :
"fonzie: Terrible weeks lay in front of altcoinhodlers, alts seem not ready to rise with BTC, everything will go down the tubes. i sold 70% of my alt holdings
fonzie: quasi, alts are not ready to rise with BTC as it seems, they have decoupled and therefore most likely will go down the next 2-3 weeks
quasi: fonzie, gotcha. lets hope not..
shojayxt: fonzie, I did the same a couple days ago
fonzie: i destroyed the the 40000 XMR buy wall in here btw, at least 60% of it :-D"

[darkota]

Any relation to all this miner talk and the recent sells (now down to 0.00038)?

Highly irrelevant imo (maybe Claymores pissed)


Polo Troll Box :
"fonzie: Terrible weeks lay in front of altcoinhodlers, alts seem not ready to rise with BTC, everything will go down the tubes. i sold 70% of my alt holdings
fonzie: quasi, alts are not ready to rise with BTC as it seems, they have decoupled and therefore most likely will go down the next 2-3 weeks
quasi: fonzie, gotcha. lets hope not..
shojayxt: fonzie, I did the same a couple days ago
fonzie: i destroyed the the 40000 XMR buy wall in here btw, at least 60% of it :-D"

fonzie is lying.

I don't know why people pretend to understand how these markets work. Bitcoin rising does not effect alt-coins in a negative way. It helps the alt-coins rise in price as well, as many traders do arbitrage between bitcoin, altcoins, and exchanges.

The good altcoins(Monero, Cryptonotes) will go up in price, the bad ones will stay neutral or fall in price.

[RentaMouse]

Any relation to all this miner talk and the recent sells (now down to 0.00038)?

Same number of coins get mined each day pretty much, I suppose there's an argument that if the "commercial" miners pulled out because fees were killing their profit margin you might get more miner/holders and so less supply on the exchanges. In that case though it wouldnt take long for the difficulty to drop and price to rise, so guess what would happen....

[aminorex]

Any relation to all this miner talk and the recent sells (now down to 0.00038)?

Same number of coins get mined each day pretty much, I suppose there's an argument that if the "commercial" miners pulled out because fees were killing their profit margin you might get more miner/holders and so less supply on the exchanges. In that case though it wouldnt take long for the difficulty to drop and price to rise, so guess what would happen....

XMR still pays better than any other GPU mined coin, using Claymore 290x, with the exception of DMND and VTC.  "Commercial" miners with fully amortized GPUs will happily sell into this dip.  Okay, no cloud miners will be selling here, but even though supply is shrinking, demand is shrinking too -- due to the perception that alts will lag in a btc bull run.  When btc flattens out, the demand will come back (but by then the price will be much higher -- so I am buying now, gradually).

[binaryFate]

Any relation to all this miner talk and the recent sells (now down to 0.00038)?

Same number of coins get mined each day pretty much, I suppose there's an argument that if the "commercial" miners pulled out because fees were killing their profit margin you might get more miner/holders and so less supply on the exchanges. In that case though it wouldnt take long for the difficulty to drop and price to rise, so guess what would happen....

XMR still pays better than any other GPU mined coin, using Claymore 290x, with the exception of DMND and VTC.  "Commercial" miners with fully amortized GPUs will happily sell into this dip.  Okay, no cloud miners will be selling here, but even though supply is shrinking, demand is shrinking too -- due to the perception that alts will lag in a btc bull run.  When btc flattens out, the demand will come back (but by then the price will be much higher -- so I am buying now, gradually).

I guess you mean the price wrt fiat, not bitcoin.

[statdude]

Same number of coins get mined each day pretty much, I suppose there's an argument that if the "commercial" miners pulled out because fees were killing their profit margin you might get more miner/holders and so less supply on the exchanges. In that case though it wouldnt take long for the difficulty to drop and price to rise, so guess what would happen....

XMR still pays better than any other GPU mined coin, using Claymore 290x, with the exception of DMND and VTC.  "Commercial" miners with fully amortized GPUs will happily sell into this dip.  Okay, no cloud miners will be selling here, but even though supply is shrinking, demand is shrinking too -- due to the perception that alts will lag in a btc bull run.  When btc flattens out, the demand will come back (but by then the price will be much higher -- so I am buying now, gradually).

Thanks Amin, Renta.
Good analysis.

Typically alts lag BTC in a bull move then slingshot upward.
I didn't realize we were in a BTC bull move

[aminorex]

I guess you mean the price wrt fiat, not bitcoin.

For xmr, both.  I wouldn't say the same for ltc.  but xmr is The Next Big Thing.  Gotta get them before the crowds show up.  Given how drk and ltc are faring, I could see BFX, BTC-E adding XMR.  That would be a huge accessibility boost.  A payments gateway a la VeriCoin would be huge too.   Best of all, although not pumpish, more slow & steady, would be a p2p mobile phone local market, a la Mycelium.  I'm working on that, but very slowly (distracted by market action, quant job, and general laziness, these past few days) and someone might beat me to it.

I didn't realize we were in a BTC bull move

There's a general emerging view that the auction results will push the market up toward 800.  The failed bidders will be wanting to buy BTC before it runs away from them.  That's a fair number of BTC.

[5w00p]

When the BTC value wrt USD is no longer important to most involved in crypto, that will be a huge milestone.  

The irrelevance of fiat is a dream today, but so was transatlantic flight less than a century ago.  I'm sure duh gubmint will become hysterical way before it happens, but we shall see, as long as our eyes are not gouged out first.

[aminorex]

When the BTC value wrt USD is no longer important to most involved in crypto, that will be a huge milestone.  

When miners can pay electric in btc, it's a closed loop.  But alt traders are almost always accounting in BTC terms -- otherwise, why trade?  Just ride BTC/USD gains.  It's much less work.

[shfc]

Awesome work!

[kulin3422]

We need stable GUI wallet!

[33zer0w0lf]

http://mro.extremepool.org 511% lucky!

[daytime]

XMR recently very popular, I hope I'm not late 

[shfc]

We need stable GUI wallet!

yew
need stable GUI wallet!

[Anon136]

We need stable GUI wallet!

yew
need stable GUI wallet!

Would you rather buy before the drooling masses are capable of entering this market or after?