Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1112. (Read 4671920 times)

Just running bitmonerod will make you a node in that you'll be keeping a copy of the blockchain and will help propagate new blocks to other nodes. However, only if you mine with your node will you be helping secure the network against the dangers of centralized hashrate.

No, your math is probably right, and 250 H/s is probably high for a laptop. Maybe a better word than mining (which suggest perhaps a steady stream of useful minerals) to describe the process is prospecting or wildcatting.

I was just trying to point out that he will probably not get short term results. Assuming he has 250H/s it would take him 45 days on average to find a block, or is my math wrong?

Thank you Gingerale,
 I am pretty new to this in as far as doing anything with anything with cryptocurrency other than Bitcoin. I was there when bitcoin made its debute and missed out because I was ignorant to the whole scene. Since 2013 though I have been active in the community as far as buying and spending and market analysis and such. As far as profit and investment though, this is my first venture. I am trying to make smart decisions and I believe Monero is one of those smart decisions. Thank you for all your help.
 If I run bitmonered.exe am I running a node when it syncs? I want to help support this community any way I can and that, for now, seems the best support I can offer.

Every block is found by someone, but yes you need to be lucky.

Pool mining is an option, but probably a worse option for a small miner who will then get tiny payouts from the pool. Considering the effect of transaction fees it may be better to be patient, support the network, and hope for a bit of luck.

On average, with sufficient patience and average luck, it will be profitable if your CPU is efficient and your electricity rates are low.

Also, Jailee, if you're truly new to this, "OP" means original post, which you can get to by clicking on the "1" on the far left of the post page list. When I first started in bitcointalk, I had no idea that this is how forums were utilized. The OP sort of becomes the repository for the rest of the thread.

If you want to run a node you should download the blockchain from the OP. It will not be synced up to today but it will be much faster. The GUI list is also on the OP.

As for mining it depends on your objective. You must be really lucky to strike a block (it really depends on your hashrate but i'm assuming it isn't much high), so it's not profitable. OTOH you'll be contributing for monero's network decentralized security.

AFAIK, higher mixins are available now! I've never tried anything over 3, but I remember seeing someone say they used like 99 or something crazy. Your fees will be outta this world though.

This minimum is being set in the future, thats all.

You can try lightWallet if you want a GUI and a full node. There is a convenient torrent with pre-synced blockchain here:

https://bitcointalksearch.org/topic/m.10559092

You will need a minimum of 4 GB of RAM and 6-8 GB is better. If you don't have that you can't run a node yet, but the upcoming DB version will fix that.

I was quick to react and downloaded the simplewallet, but I also want to run a node. I guess I can just use mymonero.com and not worry about it. I have created an acct there just now. Where do I download the GUI and is it worth trying to mine from your laptop?

Are you talking about simplewallet or bitmonerod?
Of course you can copy/paste the address in simplewallet, if you use windows you have to enable it in the cmd window settings.

Why don't you just use one of the GUIs or mymonero.com ?

OK I got the forums taken care of...didnt know I had to wait for an email confirmation. But the rest I still dont know...

So I listened to the podcast and they mentioned that in the future minimum mixin will be changed to 4.
Was just wondering if there is going to be a even higher mixin option available by then?
So you can choose what mixin you want. I was thinking in the future the option might be 4, 5 or 6.

Hi guys. I need a logo for Crypto Kingdom the game, and it should also symbolize CKG, the gold asset central in the game. ~0.5 BTC bounty is possible, or more if it's slick and professional.

Monero guys, help me. I cannot even define what constitutes a "logo" really.  

I just recently decided to jump on the Monero train. I went to the website and registered for the forums. Registration was successful but when I try to log in I recieve an error message that says "oops, your acct is not active"....what does that mean? And also I downloaded the wallet and decided to run a node. Im not sure though if Im doing it right. Is your wallet supposed to look like just command lines? It is so much different than say Megacoin or Vericoin wallet. My nodes still say they are syncing at 308 days behind, all in yellow.
 What sucks is you cannot highlight and copy/paste your wallet address from the command prompts in the wallet. Is this really the wallet or the command box that runs my wallet and I dont have it correct? Also I put in the command to start mining. Is this still feasable or am i wasting my time? It says "mining started with one threads, good luck!" and below that it says " miner thread started

• "....

None of us are full time, there's nowhere close to enough funding for that to happen just yet:)

In terms of slated release, we still have to first figure out how we're going to do coinbase-less sidechains, two-way pegging, and functionality advertising, before we can even begin to go down the rest of the roadmap. If I had to guess I'd hazard that something like MoneroID is at least a year away, maybe two, and something like MoneroTrade will be a year after that. There's a lot of commonality between those sidechains / daughter-chains, so I would imagine that once we have the whitepapers out with formal cryptographic proofs for all the functionality required (and have done one or two implementations) the rest will be much faster. So the research side of the roadmap is probably 3-4 years worth, including implementation.

Of course, we could do it much faster, but all we'd be pushing out the gate is something half-baked, exploitable, and dangerous. And this isn't us being perfectionists, we simply can't afford to gamble with amateur cryptography and ill-conceived architecture because we're playing with people's money and their livelihood. But trust me, when we get there we're going to have some pretty amazing stuff:)


The bulk of the content outstanding on the website (eg. the About Monero page, user guides, dev guides, and so on) is open to being tackled. If you'd like to contribute then you can fork the repository: https://github.com/monero-project/monero-site and submit changes via Pull Request. It's worth reading the Pages, Formats, and Rules section of the README for the project, and it's definitely a good idea to look through some of the existing static pages to get a feel for how things are done.

Edit: forgot to add that there is one critical outstanding item right now: https://github.com/monero-project/monero-site/issues/5

I personally like Lubuntu, seems to run my bitmonero LMDB fine.

here I posted noob approved instructions for LMDB build. (warning - this is beta! use at your own risk. I've been using for months)
https://forum.monero.cc/5/support/142/useful-links-including-blockchain-downloads

alternative is mymonero.com , if you want the easiest wallet solution.

Currently bitmonerod loads whole blockchain into RAM. Next stable version will have database-style blockchain to solve this problem, yet we don't know when.

Monero is starting to feel exciting again. Thanks devs!

Thanks for the answer )) Getting started with compilation and testing on linux certainly takes time, the main concern is "am I having it". However, if someone could suggest a good distro including all required tools while remaining lightweight - that would be appreciated