[XMR] Monero Mining

[sammy007]

Just a quick heads up to everyone here.

If you are mining or running a pool please make sure you are running the latest version and we recommending starting the daemon with --enforce-dns-checkpoints to allow us to provide up-to-date checkpoints without needing to download a new build or static file. Only available in source from github for now. Binaries have some build problem we are still working out.

Thanks all!

My pool updated.

[1715608331]

1715608331

[1715608331]

1715608331

[1715608331]

1715608331

[1715608331]

1715608331

[1715608331]

1715608331

[sammy007]

Their total HR has now declined a bit but with the # of miners they have the avg HR per miner is 25,000 H/s

Most likely that is a few extremely large miners (botnets, farms, etc.) pushing up the average.

Happens every day for very long time. I guess it's huge botnet from big continent, this is a reason why net hash fluctuates so hard. At night people shutting down PCs and net hash falls down.

[OrientA]

Their total HR has now declined a bit but with the # of miners they have the avg HR per miner is 25,000 H/s

Most likely that is a few extremely large miners (botnets, farms, etc.) pushing up the average.

Happens every day for very long time. I guess it's huge botnet from big continent, this is a reason why net hash fluctuates so hard. At night people shutting down PCs and net hash falls down.

I also note that the hash rate is cyclical.

[sammy007]

Miners, please read this, stay away from suspicious mining software https://bitcointalk.org/index.php?topic=583449.msg9194871#msg9194871

[sammy007]

Just did isolated test using latest pool software and 1.2b version of kachur miner (kminer). Duplicates spotted in logs immediately:

...
Duplicate share: {"id":"779749578400515","job_id":"394227879843674","nonce":"804f3800","result":"0000000000000000000000000000000000000000000000000000000000000000"} from  4

...


Conclusion: KMiner = SCAM. Stay away, reinstall OS if you used it. It demand admin privileges, who knows what surprises hidden in later versions.

[5w00p]

Thanks for doing the isolated test.

I am not surprised that it is a scam job.

[adaseb]

I used this mine this coin for months. It was 2x as profitable as X11 and now its very bad. Less profit then X11 so I stopped minin it

[Oscilson]

I used this mine this coin for months. It was 2x as profitable as X11 and now its very bad. Less profit then X11 so I stopped minin it

It would be better to mine x11 then buy XMR.

[superresistant]

I used this mine this coin for months. It was 2x as profitable as X11 and now its very bad. Less profit then X11 so I stopped minin it

It would be better to mine x11 then buy XMR.

Yes but as miners stop mining XMR, the difficulty is going down and the sell pressure is lower because miners tend to hold.

[Oscilson]

I used this mine this coin for months. It was 2x as profitable as X11 and now its very bad. Less profit then X11 so I stopped minin it

It would be better to mine x11 then buy XMR.

Yes but as miners stop mining XMR, the difficulty is going down and the sell pressure is lower because miners tend to hold.

But the number of mined coins are similar before and after the difficulty going down. They are all mined by miners.

[superresistant]

I used this mine this coin for months. It was 2x as profitable as X11 and now its very bad. Less profit then X11 so I stopped minin it

It would be better to mine x11 then buy XMR.

Yes but as miners stop mining XMR, the difficulty is going down and the sell pressure is lower because miners tend to hold.

But the number of mined coins are similar before and after the difficulty going down. They are all mined by miners.

Less miners = more profit (for those who keep mining because the reward is less divided)

The last miners tend to be crypto-believers that hold instead of selling.

[Oscilson]

I used this mine this coin for months. It was 2x as profitable as X11 and now its very bad. Less profit then X11 so I stopped minin it

It would be better to mine x11 then buy XMR.

Yes but as miners stop mining XMR, the difficulty is going down and the sell pressure is lower because miners tend to hold.

But the number of mined coins are similar before and after the difficulty going down. They are all mined by miners.

Less miners = more profit (for those who keep mining because the reward is less divided)

The last miners tend to be crypto-believers that hold instead of selling.

That is true. But the profit depends on the price of the coins.

[superresistant]

That is true. But the profit depends on the price of the coins.

I think, to be more precise that it depends of the moment you sell and the amount you sell.
The price move all the time. Selling a big amount tend to make the price go down.
Holding tend to make the price go up.
Also, anytime a hater could come and spread FUD around to make the price go down.
A whale could also come and pump the price up.

I feel so frustrated when I sell low and see the price going up after so I always hold.
I can hold for months before starting to sell.
Until now, this strategy always worked (but I don't hold any shitcoin).

[BitmoreCoin]

I feel so frustrated when I sell low and see the price going up after so I always hold.
I can hold for months before starting to sell.
Until now, this strategy always worked (but I don't hold any shitcoin).

It requires substantial skill to identify the shitcoin.

[binaryFate]

moneropool.com is above 50% again.

Point your miners elsewhere! Best is to choose a pool that gives a significant chunk of the fees to the devs.

In my opinion moneropool.com should be punished forever by public disgrace, as the owner clearly does not take any measure to protect our common good, the network security and integrity.
He/she should have stop accepting new workers long ago, or have a proportional fee to make it less interesting once the pool gets above a certain threshold.
If you share this opinion, never move your miners back to moneropool.com.

[adaseb]

It doesn't matter. Problem is the coin value is way way too low. Not worth mining at all. Went back into linux with x11/x13

[xnbya]

http://minexmr.com/big.png
Don't let moneropool.com have > 50%, support the network by supporting smaller pools!

Come and join us at mineXMR.com, with low fees of 1%, DDOS protection, mining supported on port 80, and the option of mining directly to an exchange. Any miners are welcome to join, irrespective of what size, and the payment threshold is 0.5xmr.

[sammy007]

Join Monero Mining Pool http://hashinvest.net / EU

Strict pool, Failover daemons, Anti DDoS, Intelligence. Stable and efficient. Payouts every 2 hours. No Bullshit.

[smooth]

Simple solution is to use the pools listed in the OP of the main thread: https://bitcointalk.org/index.php?topic=583449.0

We exclude pools that are consistently over 30% and let you know which pools support the project by donating some or all of their fees.

[osensei]

Hi,

After giving it some thoughts and working on it for a while, I've set up a pool at https://monerohash.com

This is what I have to offer:

20Gbps DDOS protection provided by Staminus.
HTTPS-only secure web traffic, to avoid leaking your stats to sniffers.
Located in NY => Good choice for miners from North, Central and South America, while still keeping a relatively low latency to Europe (~70ms to UK)
Up-to-date pool and daemon software.
1.6% fee (0.6% donated to devs)

My goal is to provide a good service with a fast, reliable and secure pool, and I believe I've taken the neccessary steps to accomplish that

Please, give it a try and let me know your thoughts!

Thanks,

osensei