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

[Crypto_EX]

sounds nice but don't think many people would know about this without somebody telling them , shouldn't this little piece of info be in the OP and the monero website lol

also please i want a high hashrate low fee pool and btw no other amd gpus miner except that claymore high fee under developed miner ? ...

There are plenty of pools with 1% fee how much lower do you need it ?!

No unfortunately the only amd miner is that one. You can run it with the nofee command though.

i mine @ moneropool which has a high hashrate 6 mh/s but also a high fee 2% i would have not cared wasn't it for the high 5% dev fee ....

is there some high hashrate pool i.e over 1mh/s with 1% fee or lower ?

also are my hash rates ok or can they be tweaked ? i'm using cat 14.7 beta and no OC because it's hot in the summer !

r9 290 : 625 h/s

7970 : 450 h/s

7950 : 400 h/s

6970 : 335 h/s

6950 : 300 h/s

5870 : 175 h/s

5850 : 150 h/s

think i need to get rid of those 5800 series gpus, yea time to move on lol

[Brad_BCK]

Bytecoin (BCN) was not fairly distributed. Monero has network effect going for it in the cryptonote space.

Forget about MonetaVerde, since it seems to be dead. I committed the error of investing some money on that.

Thanks.

https://cryptonote.org/
Bytecoin (BCN)
Aeon (AEON)
Boolberry (BBR)
Dashcoin (DSH)
duckNote (XDN)
Fantomcoin (FCN)
MonetaVerde (MCN)
OneEvilCoin (OEC)
Quazarcoin (QCN)

Ok. Bytecoin and MonetaVerde out. What about these other coins with mixing transactios? I am still holding only Bitcoin and Monero.

They forgot Infinium 8.  But um...  soooooo many coins.  Endless amounts of them .  I see problems ahead.

But if you like cryptonight, and inflation...

https://bitcointalk.org/index.php?topic=698727.0

Sometimes I think about xdn. But I did not get enough from XMR. But XMR looks like to be a leader.

[Brad_BCK]

sounds nice but don't think many people would know about this without somebody telling them , shouldn't this little piece of info be in the OP and the monero website lol

also please i want a high hashrate low fee pool and btw no other amd gpus miner except that claymore high fee under developed miner ? ...

There are plenty of pools with 1% fee how much lower do you need it ?!

No unfortunately the only amd miner is that one. You can run it with the nofee command though.

i mine @ moneropool which has a high hashrate 6 mh/s but also a high fee 2% i would have not cared wasn't it for the high 5% dev fee ....

is there some high hashrate pool i.e over 1mh/s with 1% fee or lower ?

also are my hash rates ok or can they be tweaked ? i'm using cat 14.7 beta and no OC because it's hot in the summer !

r9 290 : 625 h/s

7970 : 450 h/s

7950 : 400 h/s

6970 : 335 h/s

6950 : 300 h/s

5870 : 175 h/s

5850 : 150 h/s

think i need to get rid of those 5800 series gpus, yea time to move on lol

I have Radeon GPUs. Some days ago my son bought a PC with nvidia 780gtx. Can it be useful? (just curious).

[dreamspark]

I have Radeon GPUs. Some days ago my son booght a PC with nvidia 780gtx. Can it be useful? (just curious).

Yes there is an Nividia miner, whether he'll not play COD, Battlefield etc to let you mine is another story all together

[pooltobe]

Searching a place to mine XMR? 

Help us to brake some blocks & spread the hashes ! 

XMR MINING POOL >> http://xmr.poolto.be

use : stratum+tcp://xmr.poolto.be:3001

Happy Mining ! 

pool fee: 0.20% (pool) + 0.1% (node-crypto dev/xmr core dev) to support XMR ! >> JOIN US!

[Crypto_EX]

Searching a place to mine XMR? 

Help us to brake some blocks & spread the hashes ! 

XMR MINING POOL >> http://xmr.poolto.be

use : stratum+tcp://xmr.poolto.be:3001

Happy Mining ! 

pool fee: 0.20% (pool) + 0.1% (node-crypto dev/xmr core dev) to support XMR ! >> JOIN US!

can i trust your pool ?!

[drawingthesun]

hello guys, i am looking for a financial advice.

i got most of my crypto money inside xmr. normaly its not a problem, since i watch everything that is going on very closely and can react immediately.
but now, i will be on holiday for like 3 weeks, what do you recomend me to do?

-just let it run?
-have a stop-Limit? (where?)
-put everything for sell at 0.01, enjoy the beach and see what happens?
-sell some now (put new buy orders around 0.004) and let the rest run?

i am mostly into profit, bought most between 0.0025 and 0.0035, some at 0.0055.

thx

Most of your crypto money? That's not a good sign.

If you want to leave this investment for 3 weeks, I would take out 70% into Bitcoin and then you'll be less stressed about the possibility of a Monero price crash over your holiday.

[Anon136]

hello guys, i am looking for a financial advice.

i got most of my crypto money inside xmr. normaly its not a problem, since i watch everything that is going on very closely and can react immediately.
but now, i will be on holiday for like 3 weeks, what do you recomend me to do?

-just let it run?
-have a stop-Limit? (where?)
-put everything for sell at 0.01, enjoy the beach and see what happens?
-sell some now (put new buy orders around 0.004) and let the rest run?

i am mostly into profit, bought most between 0.0025 and 0.0035, some at 0.0055.

thx

If you are worried about it just use a limit order. put it as low as you are willing to let the price fall before you feel uncomfortable.

[Febo]

Cancel the vacations. Is not worth the risk.
+ You will worry there all the time. Totally wasted founds. Try to sell your vacations while you still can, and buy some more cheap Moneros.

[fredeq]

Can anyone give me 280x hashrate and most important whats the power usage? %reduction from scrypt is fine.

[smooth]

New thread for discussing and/or arranging large off-exchange trades: https://bitcointalk.org/index.php?topic=716331.0

[Quicken]

hello guys, i am looking for a financial advice.

i got most of my crypto money inside xmr. normaly its not a problem, since i watch everything that is going on very closely and can react immediately.
but now, i will be on holiday for like 3 weeks, what do you recomend me to do?

-just let it run?
-have a stop-Limit? (where?)
-put everything for sell at 0.01, enjoy the beach and see what happens?
-sell some now (put new buy orders around 0.004) and let the rest run?

i am mostly into profit, bought most between 0.0025 and 0.0035, some at 0.0055.

thx

Hi. IMHO, 3 Weeks is nothing. I'm comfortable hodling XMR for a couple of years from now. If it dips, it'll rise again. :-)

[aminorex]

Hi. IMHO, 3 Weeks is nothing. I'm comfortable hodling XMR for a couple of years from now. If it dips, it'll rise again. :-)

When people give advice (out of a misplaced desire to be helpful) they tend to be extremely cautious of short-term draw-downs.  Too cautious, I would say.  Any drawdown you were to experience is overwhelmingly likely to be quite brief.  If you sell into BTC and come back, with the price higher, you will have fewer XMR for your trouble.  If you stay in XMR, at least your XMR will not decline in any case.

[Anon136]

MoneroForum.org up and running!!!

Please check it out guys and get involved. I know its hard early on when we dont have network effects, but the only way to generate network effects is to get in there and start talking even when there arnt very many people listening. I may do a promotion a little later to help bootstrap the forum.

[fredeq]

Can anyone give me 280x hashrate and most important whats the power usage? %reduction from scrypt is fine.

https://bitcointalk.org/index.php?topic=638915.msg7180447#msg7180447
https://bitcointalk.org/index.php?topic=638915.msg7192485#msg7192485

https://docs.google.com/spreadsheets/d/1MI-ic0Os25hgGUImW54sUIjZY_pUNQNa_W8Se5pRGBs/edit?pli=1#gid=1726706747

sorry dont know about power usage.

Thank you, actually someone reported 290 with 216W.
Anyone else with power usage?

Btw I have added XMR and few other CN coins to my site.

[aminorex]

Yea, bytecoin remains underground and this is quite strange

I think you mean underwater.  Not so strange to me.  It has all the red flags of a massive scam, and nothing going for it, at all, really.

[aminorex]

What about these other coins with mixing transactios? I am still holding only Bitcoin and Monero.

To my knowledge, of the others only BBR can be considered remotely invest-able, in itself.  Of course there are strategies for which minor sh*tcoins are useful vehicles, but they are specialized speculative methods which I will not assume are within your interest.

[RentaMouse]

Its a little frustrating to keep coming across miners who say "I will only mine on pool with most hash, or more than 20% of net hash, because they make me most profit", if we get too many who follow that (wrong) logic then we'll end up with only 4 or 5 pools and all the miners will be crying when they get DDoSed, or fees are increased. I'm not saying go mine on a pool with only 5KH/s as that would require some patience, but a little more understanding of variance would help. Simple way to look at it is to say "will the pool find at least 50 blocks in the minimum period I'll be mining for?", as that shld be enough for the variance to even out.

If you have a bunch of rigs and switch coins every day or two for the best profit then you want a pool which finds a block at least every 30min on average, which mean 1/30th of the net hash rate - with net hash at 20MH/sec that means a pool hash rate of around 600KH/s

If you are running a few CPUs/GPUs and dont want to be changing things all the time, then you could consider a minimum mining period of 6-7 days, so a pool hash rate of 100KH/sec should be sufficient


Remember its not how often the blocks are found which determines how much you earn, its the overall efficiency of the pool at finding those blocks plus your hashrate, minus any downtime. Its always a good idea to keep your own records of your hash rate plus average difficulty and block reward each day so you can check your actual earnings against what you should receive, especially if your pool doesnt provide any stats on block efficiency/luck or the number of hashes per round.

[eizh]

I think monero is double-spent proof? People want instant gratification and they will flock to the largest pool (see ghash.io).

This is a misconception coming from the CryptoNote whitepaper's use of the term. What they mean is that CN coins are double-spending proof under normal conditions (i.e. no one has >50% of the network). This would not be worth mentioning for normal signatures (BTC-derived coins) but special care had to be taken to make ring signatures double-spending proof. However, it's still vulnerable to the standard 51% attack like any PoW system because that allows replacing key image sets.

I agree that the 'large pool = better payout' superstition is annoying. I've tried to educate people on that but most don't actually know what PoW is so they go on believing what they want to believe.

[smooth]

If you have a bunch of rigs and switch coins every day or two for the best profit then you want a pool which finds a block at least every 30min on average, which mean 1/30th of the net hash rate - with net hash at 20MH/sec that means a pool hash rate of around 600KH/s

i'd even go beyond that. Even if you switch every day or two your variance on one particular coin doesn't really matter. If you get unlucky on one coin, the next day you might get lucky on another. Keep going and you will have a mix of good days and bad days.

I think your 50 blocks in the period you will be mining suggestion is a good one, but it doesn't need to be on each individual coin, just overall.

As long as you are getting (pieces of) blocks consistently you should be fine.

Also consider how much the variance even matters to you. Miners can go a bit overboard on optimizing things. If you are making a few dollars worth of coins per day does it really matter whether you make a dollar or two less on one day and a dollar or two more on another day?

I don't know anyone's financial situation, so it may be for some this does matter. I'm just suggesting to consider it realistically because too much optimizing of variance leads to everyone joining the largest pools and harms the network, as RentaMouse said. If you realistically don't have a reason to care please do what helps the network instead of hurting it.