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Author Topic: [XMR] Monero Speculation  (Read 3297889 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
gembitz
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June 14, 2019, 12:56:35 PM
 #40781

you help please,

does it means that we can mine monero with ASIC miners?
I used to mine with GPU's until last year, and i have some asic waiting.
Or can someone please inform what changed or will change with simple words.


thanks

The Monero dev team is trying to make it difficult to build a working ASIC for Monero.  They want Monero to be mined with CPUs. This is meant to avoid mining centralization.

Thanks so much for the simple explaination...
So this means that CPUs will be better from GPUs ? And will be available to more users of course yes?

You will be able to mine Monero with GPU and CPU.   Whenever mining algo changed in past each mining device got a bit different hashes as before. So it will happen again. Best is just test and see. There is still plenty of time until Sepetember.



A shitload of altcoins have tried to find an ASIC-resistant hashing algorithm
can you name two or three such coins, besides Monori?

Ethereum failed at it.   Monero is at the edge of the technology. So unbelievable things happens.


XMR is designed as a bot net coin ~ asics compatibility would ruin this aspect  Cool you new here? lol

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June 14, 2019, 01:27:36 PM
 #40782

gembitz is great


See how easy it is to type lies on the internet kids?

Don't listen to junk.
gembitz
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June 14, 2019, 01:34:27 PM
 #40783

gembitz is great


See how easy it is to type lies on the internet kids?

Don't listen to junk.

fluffy pony dick told me botnet coins are legit as fuck Wink weee

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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June 14, 2019, 01:55:04 PM
 #40784

You are irrelevant.

Enjoy your life.

Bye
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June 14, 2019, 02:30:39 PM
 #40785

You are irrelevant.

Enjoy your life.

Bye

I went in to see if I should take him off ignore yesterday and SHIT he just keeps spiraling down.
I think he needs to find the right meds.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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June 14, 2019, 02:44:05 PM
 #40786

You are irrelevant.

Enjoy your life.

Bye


* STOP AND THINK * you tell me the difference between bytecoin and monero? same code you n00b =) lmfao

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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June 14, 2019, 03:32:40 PM
 #40787

Irradiate the forum cancer someone please

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June 14, 2019, 03:48:09 PM
 #40788

A shitload of altcoins have tried to find an ASIC-resistant hashing algorithm, to no avail.

Why this time should it be different?

Monero is taking a novel approach with the idea of RandomX.  I believe the plan is if this is not successful as countermeasures that we give up and just go SHA-3 or something.

No, that’s not the plan.

If RandomX fails, we assess the situation and make a decision how to move forward.

None of this “pre-commitment” nonsense. If we claim to be at all decentralized that is.
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June 14, 2019, 04:10:03 PM
 #40789

A shitload of altcoins have tried to find an ASIC-resistant hashing algorithm, to no avail.

Why this time should it be different?

Monero is taking a novel approach with the idea of RandomX.  I believe the plan is if this is not successful as countermeasures that we give up and just go SHA-3 or something.

No, that’s not the plan.

If RandomX fails, we assess the situation and make a decision how to move forward.

None of this “pre-commitment” nonsense. If we claim to be at all decentralized that is.

If all else fails, what is wrong with merge mining?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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June 14, 2019, 10:35:35 PM
Last edit: June 14, 2019, 10:57:53 PM by Febo
 #40790

With https://old.reddit.com/r/Monero/comments/c0l7tj/cli_v01410_has_been_tagged/   pruned nodes will be 30 GB big.  Trezor hardware wallets will be easily supported so as Ledger nano X.


And over $1.4m volume on Bisq https://coinmarketcap.com/exchanges/bisq/
Last of the V8s
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June 14, 2019, 11:15:13 PM
 #40791

This coin. It just goes sideways.
Until you look away one day. Then it goes to 0.03 Roll Eyes

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June 15, 2019, 11:12:32 AM
 #40792

CLI v0.14.1.0 'Boron Butterfly' released!

https://www.reddit.com/r/Monero/comments/c0w3cp/cli_v01410_boron_butterfly_released/

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
gembitz
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June 15, 2019, 01:39:29 PM
 #40793

Irradiate the forum cancer someone please



the French devs might help with that? Smiley ha

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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June 15, 2019, 01:42:06 PM
 #40794

XMR is designed as a bot net coin ~ asics compatibility would ruin this aspect  Cool you new here? lol

Edit : but good news for Botnets


It is good news for your health. XMR is designed to save your life as a financier of bullet stopping drones.  https://cryptoslate.com/bullet-stopping-drones-contribute-monero-network/
 
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June 15, 2019, 01:51:37 PM
 #40795

XMR is designed as a bot net coin ~ asics compatibility would ruin this aspect  Cool you new here? lol

Edit : but good news for Botnets


It is good news for your health. XMR is designed to save your life as a financier of bullet stopping drones.  https://cryptoslate.com/bullet-stopping-drones-contribute-monero-network/
 


“Not only does this allow law enforcement, fire rescue and government to benefit from blockchain technologies"

Oh Yay!
/s



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"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
gembitz
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June 15, 2019, 01:54:25 PM
 #40796

XMR is designed as a bot net coin ~ asics compatibility would ruin this aspect  Cool you new here? lol

Edit : but good news for Botnets


It is good news for your health. XMR is designed to save your life as a financier of bullet stopping drones.  https://cryptoslate.com/bullet-stopping-drones-contribute-monero-network/
 



aim for the trigger finger ...  Cool  lol

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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June 15, 2019, 02:45:41 PM
 #40797

This coin. It just goes sideways.
Until you look away one day. Then it goes to 0.03 Roll Eyes

Yup.  The Alphabay pump is still fresh in my mind.  But really it was insiders exactly knowing when the announcement would be.  I wonder who from the Monero side knew...  Wink

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cAPSLOCK
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June 16, 2019, 05:51:35 AM
Last edit: June 16, 2019, 10:19:10 PM by cAPSLOCK
Merited by KeyJockey (29)
 #40798

This coin. It just goes sideways.
Until you look away one day. Then it goes to 0.03 Roll Eyes

The thing about Monero is... it is one of the only coins that actually does something bitcoin doesn't.  At least something big and fundamental.  Everything is obscured on layer one, AND cryptographically verifiable.  That is worth a little something.  Sometimes 01x... sometimes .03.  Eventually something like .1
smooth
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June 16, 2019, 07:22:14 AM
 #40799

Considering that I'm pretty sure nobody is doing wash trading or even 'legitimate HFT' on bisq since it is slow clunky and expensive, I'd say the $1 million/day volume is pretty damn good. I don't know where that would rank relative to other coins if it were possible to subtract out the nonsense that happens in most crypto markets, but pretty damn high would be my guess, and that ignores all XMR volume on centralized exchanges, some of which might be legitimate.
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June 16, 2019, 09:14:43 AM
 #40800

Government type devices mining Monero in their spare power to recoup costs is massive.


They don't want their drones earning on the transparent bitcoin chain, it might even open up an attack vector to the device?


Monero security is perfect here!


Exciting.

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