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Author Topic: [XMR] Monero Speculation  (Read 3313054 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.)
americanpegasus
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July 03, 2016, 04:13:49 PM
 #18701


That chart is erroneous. It doesn't account for the change in blocktime and thus erroneously shows a hashrate that is twice as high as the actual hashrate.
 
 
Damn.  So on the uptick, but not as much as that chart would suggest.  Is there an accurate one somewhere?

Account is back under control of the real AmericanPegasus.
jwinterm
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July 03, 2016, 04:19:24 PM
 #18702


That chart is erroneous. It doesn't account for the change in blocktime and thus erroneously shows a hashrate that is twice as high as the actual hashrate.
 
 
Damn.  So on the uptick, but not as much as that chart would suggest.  Is there an accurate one somewhere?

Any pool, like http://minexmr.com or http://mro.poolto.be, or an explorer like http://moneroblocks.info/ or http://minergate.com
_nur
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July 03, 2016, 04:20:22 PM
 #18703

Maybe you should forecast a bear market since AmericanPegasus is the reverse indicator of Monero as MatTheCat is to Bitcoin.

a whale is pimping this coin, there is no doubt about that...   i cant tell when the whale will leave this coin dry tho



let it dry can we have another 25cents per xmr please
primer-
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July 03, 2016, 05:45:20 PM
 #18704


That chart is erroneous. It doesn't account for the change in blocktime and thus erroneously shows a hashrate that is twice as high as the actual hashrate.
 
  
Damn.  So on the uptick, but not as much as that chart would suggest.  Is there an accurate one somewhere?

Nothing wrong with your graph, as long as you disregard the MH/s (changed due to the fork).

EDIT current network stats - Difficulty: 2140418213
primer-
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July 03, 2016, 05:47:57 PM
 #18705

That chart is erroneous. It doesn't account for the change in blocktime and thus erroneously shows a hashrate that is twice as high as the actual hashrate.

Do you even mine bro ? Who cares about the MH/s, the pretty lines are OK  Grin
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July 03, 2016, 05:52:32 PM
 #18706


That chart is erroneous. It doesn't account for the change in blocktime and thus erroneously shows a hashrate that is twice as high as the actual hashrate.
 
 
Damn.  So on the uptick, but not as much as that chart would suggest.  Is there an accurate one somewhere?

Any pool, like http://minexmr.com or http://mro.poolto.be, or an explorer like http://moneroblocks.info/ or http://minergate.com

The pools mentioned are all shitpools. If you take steep emission curve into consideration, the pool that definitely pays the most is the pool with the highest hash rate - monero.crypto-pool.fr

dEBRUYNE
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July 03, 2016, 06:27:57 PM
 #18707

That chart is erroneous. It doesn't account for the change in blocktime and thus erroneously shows a hashrate that is twice as high as the actual hashrate.

Do you even mine bro ? Who cares about the MH/s, the pretty lines are OK  Grin

Well, here is a more clear picture then:


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
americanpegasus
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July 03, 2016, 07:28:11 PM
 #18708


Ok, thank you for that chart!  A true and permanent break of 20Mh/s will be incredibly bullish for Monero.  Its been depressing seeing it perpetually at 13Mh/s - 15Mh/s for years but at least this defended it from trivial attacks. 
 
Just think - one day our network might even exceed a whole Gh/s!

Account is back under control of the real AmericanPegasus.
smooth (OP)
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July 03, 2016, 07:56:51 PM
 #18709


That chart is erroneous. It doesn't account for the change in blocktime and thus erroneously shows a hashrate that is twice as high as the actual hashrate.
 
  
Damn.  So on the uptick, but not as much as that chart would suggest.  Is there an accurate one somewhere?

Any pool, like http://minexmr.com or http://mro.poolto.be, or an explorer like http://moneroblocks.info/ or http://minergate.com

The pools mentioned are all shitpools. If you take steep emission curve into consideration, the pool that definitely pays the most is the pool with the highest hash rate - monero.crypto-pool.fr

Nonsense. The best pool is the one with the lowest latency to your miners, lowest pool orphan rate, best reliability, reasonably-frequent but not too-frequent payouts (no more than once per day; less is probably better), and lowest fees. That won't be the same for everyone.

primer-
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July 03, 2016, 08:21:57 PM
 #18710

Nonsense. The best pool is the one with the lowest latency to your miners, lowest pool orphan rate, best reliability, reasonably-frequent but not too-frequent payouts (no more than once per day; less is probably better), and lowest fees. That won't be the same for everyone.

Miners with more than 50KH/s 1KH/s know what you just wrote is BS.
ArticMine
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July 03, 2016, 10:17:54 PM
 #18711

Nonsense. The best pool is the one with the lowest latency to your miners, lowest pool orphan rate, best reliability, reasonably-frequent but not too-frequent payouts (no more than once per day; less is probably better), and lowest fees. That won't be the same for everyone.

Miners with more than 50KH/s 1KH/s know what you just wrote is BS.

My preference with Monero is no pool, just solo mine. This is with less than 1 KH/s

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
explorer
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July 03, 2016, 11:49:07 PM
 #18712


Ok, thank you for that chart!  A true and permanent break of 20Mh/s will be incredibly bullish for Monero.  Its been depressing seeing it perpetually at 13Mh/s - 15Mh/s for years but at least this defended it from trivial attacks. 
 
Just think - one day our network might even exceed a whole Gh/s!

Definitely pushing higher lately, but a whole Gh/s!  Shivers!  Cheesy
  Anyone know what's up with https://monerohash.com/nodes-distribution.html
Hasn't updated for 16 hours...
ArticMine
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July 04, 2016, 12:06:50 AM
 #18713

I get 19.75 MH/s on both my nodes. As to why there has been an increase in the hashrate? There has been a significant increase the XMR/USD exchange rate that has more than compensated for the drop in the block subsidy.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
XMRChina
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July 04, 2016, 04:10:55 AM
 #18714


My preference with Monero is no pool, just solo mine. This is with less than 1 KH/s

For those that don't mind infrequently finding blocks this is a perfect approach.
Whtwabbit
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July 04, 2016, 06:44:18 AM
 #18715

On average how long would you expect to find a block solomining with 500h/s and the network hashrate around 16/18 M/hs?


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Monero
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ArticMine
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July 04, 2016, 06:50:13 AM
 #18716

On average how long would you expect to find a block solomining with 500h/s and the network hashrate around 16/18 M/hs?

Once every two months

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
needmoney90
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July 04, 2016, 06:52:37 AM
 #18717

On average how long would you expect to find a block solomining with 500h/s and the network hashrate around 16/18 M/hs?

Median of 16/18Mh/s is 17Mh/s

500/17,000,000 = 1/34,000

So, if a block occurs every 2 minutes, that means it will take about 34000 blocks, or 47.2 days (at the current hash rate) to mine a block.

(I hope my math is accurate here)
ArticMine
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July 04, 2016, 07:00:56 AM
 #18718

I get 53.72 days using the current hashrate of 19.34 MH/s.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
vokain
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July 04, 2016, 10:42:27 AM
 #18719

On average how long would you expect to find a block solomining with 500h/s and the network hashrate around 16/18 M/hs?

Once every two months

Should someone with smaller hashing power factor the emission diminishing per block rate with reward variance in P/L calcs?
dEBRUYNE
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July 04, 2016, 12:14:28 PM
 #18720

On average how long would you expect to find a block solomining with 500h/s and the network hashrate around 16/18 M/hs?

Once every two months

Should someone with smaller hashing power factor the emission diminishing per block rate with reward variance in P/L calcs?

The threat of increasing difficulty is more salient in my opinion.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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