Author

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1239. (Read 4671978 times)

legendary
Activity: 1624
Merit: 1008
So will there be the missive & new build today?

Maybe Monday Monero Missive
legendary
Activity: 2968
Merit: 1198
it's not really a flavor of the day, like most, more a flavor of the month, which makes it worth the effort.

That is totally subjective. GPU mining really isn't worth the effort at all to me, so if I had some GPUs and cheap power I'd probably not look for flavor of the month either. I'd rather just set something up and have it run with little or no attention for many months or years. I did this with LTC for example. I'm pretty sure during that time there were more profitable coins that came and went but if I had to pay attention I wouldn't have mined at all, and it was profitable the whole time. I did switch to a multipool at one point though.





legendary
Activity: 2968
Merit: 1198
Yes, it does support the coin - however, it raises the difficulty, too. If everyone mined, no one would be profitable - by buying coins, you're lowering the difficulty, and someone else will become profitable because of it and begin mining. It's not like mining will cease.

I agree. Buying also supports the coin.

I disagree a bit with what you are saying though about this or that being more profitable to mine. It doesn't necessarily make sense for a hobby miner to switch around constantly to the most profitable coin/algorithm and deal with getting everything working properly and optimized. If you consider the coins that have come and gone since Monero, its pretty reasonable to ignore the hot coin of the day and just stick with something having some longevity if you aren't running a big operation.

legendary
Activity: 2968
Merit: 1198
This Re-doubles my faith in Monero.

https://download.wpsoftware.net/bitcoin/wizardry/brs-arbitrary-output-sizes.txt

Unless I have read this incorrectly it is a simple addition to Cryptonote coins?

Not, not really, and whether or not it's a security improvement is questionable as it adds a new level of associative data to transactions (outputs are exponentially more likely to be smaller mixed in inputs than larger ones). At best you reduce bloat by a constant while introducing a property whose application to forensics is unknown.

Is there a rebute to this "possible" security issue that this purports to address. And when you say no you did not mean it would not be an "easy" integration?

There is no such issue. There are only around 100 possible coin sizes with the current denomination scheme (which could be reduced with something like a 1+2+5 system), so there is no issue with not being able to find matching output sizes for any reasonable non-dust amount.  I don't think they understood how denominations worked when they wrote that (are denominations in the cryptonote white paper?) or simply wanted to write a paper about an application of cryptography and didn't care.

legendary
Activity: 1260
Merit: 1008
roight roight roight. I feel sheepish.  Lips sealed
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
Could one thwart the bitcoin network just by building (6549 / 2 + 1) nodes and modifying these nodes ledgers simultaneously? (or am I just describing a 51%??)
Block-chain! Stringed up one block following another, beeing in a mathematical relation with it's predecessor that is currently impossible to forge.
You network would have to present something conclusive beginning from block #1 and the nodes have checkpoints with known checksums coded in, so can differentiate between "the blockchain" and "another blockchain".
legendary
Activity: 1456
Merit: 1000
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...

Better late than never.  I didn't mine my first XMR until August.   But have mined a good bit now.  Matter of fact have a 290x GPU coming in today to run on my latest rig.  5x 280x and 1x 290x as a flagship card on that rig.    

You're mining XMR. On AMD cards. Why? Mining something else (pretty much anything else) and buying XMR would get you more.

I'm buying them too, especially now with the price at rock bottom.  Price will go back up though.  Hold them coins for days ahead.

Well, yeah - but you'd probably 1.5x or more the amount of coins you'd get from mining... odd that you're directly mining it.

Its good that he is supporting the network, in dollar terms he wouldnt make much more if he switched.

Are you kidding? Mining Neoscrypt gets you LOADS more than Monero right now.

What coin(s)?
legendary
Activity: 1260
Merit: 1008
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...

Better late than never.  I didn't mine my first XMR until August.   But have mined a good bit now.  Matter of fact have a 290x GPU coming in today to run on my latest rig.  5x 280x and 1x 290x as a flagship card on that rig.    

You're mining XMR. On AMD cards. Why? Mining something else (pretty much anything else) and buying XMR would get you more.

I'm buying them too, especially now with the price at rock bottom.  Price will go back up though.  Hold them coins for days ahead.

Well, yeah - but you'd probably 1.5x or more the amount of coins you'd get from mining... odd that you're directly mining it.

Its good that he is supporting the network, in dollar terms he wouldnt make much more if he switched.

Are you kidding? Mining Neoscrypt gets you LOADS more than Monero right now.

I might be noob and late to the game, but in my mind supporting the network by hashing directly will ultimately support the coin, right? Whereas mining some other cc and then buying xmr could only potentially support the coin if you bought at a relatively high price to drive the market valuation up (somehow pulling this off without priming a pump dump bump).

And also, while i'm waiving my noob flag, i just want to get a final clarification - participating in hashing secures the network by driving up the difficulty (preventing the 51% attack), whereas running a node secures the network by holding a copy of the ledger to participate in ledger comparison / verification.

It'd be interesting to rank the available cryptocurrencies by # of nodes. I know this exists for BTC: https://getaddr.bitnodes.io/ .

Interesting. You take the network hash rate of BTC (311 ph/s) , divide that by # of nodes (6549), you get an average of 47 th/s per node.  Noob flag again: a pool is essentially 1 node, right?

Could one thwart the bitcoin network just by building (6549 / 2 + 1) nodes and modifying these nodes ledgers simultaneously? (or am I just describing a 51%??)

(lowers his noob flag and goes back to hiding)
full member
Activity: 198
Merit: 100
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...

Better late than never.  I didn't mine my first XMR until August.   But have mined a good bit now.  Matter of fact have a 290x GPU coming in today to run on my latest rig.  5x 280x and 1x 290x as a flagship card on that rig.    

You're mining XMR. On AMD cards. Why? Mining something else (pretty much anything else) and buying XMR would get you more.

I'm buying them too, especially now with the price at rock bottom.  Price will go back up though.  Hold them coins for days ahead.

Well, yeah - but you'd probably 1.5x or more the amount of coins you'd get from mining... odd that you're directly mining it.

Its good that he is supporting the network, in dollar terms he wouldnt make much more if he switched.

Are you kidding? Mining Neoscrypt gets you LOADS more than Monero right now.

Actually, it's a great idea to mine-and-sell some other coin/s, and then buy XMR with the earnings. That way, Monero would get some buy support!
legendary
Activity: 1456
Merit: 1000
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...

Better late than never.  I didn't mine my first XMR until August.   But have mined a good bit now.  Matter of fact have a 290x GPU coming in today to run on my latest rig.  5x 280x and 1x 290x as a flagship card on that rig.    

You're mining XMR. On AMD cards. Why? Mining something else (pretty much anything else) and buying XMR would get you more.

I'm buying them too, especially now with the price at rock bottom.  Price will go back up though.  Hold them coins for days ahead.

Well, yeah - but you'd probably 1.5x or more the amount of coins you'd get from mining... odd that you're directly mining it.

Its good that he is supporting the network, in dollar terms he wouldnt make much more if he switched.
sr. member
Activity: 306
Merit: 251
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...

Better late than never.  I didn't mine my first XMR until August.   But have mined a good bit now.  Matter of fact have a 290x GPU coming in today to run on my latest rig.  5x 280x and 1x 290x as a flagship card on that rig.    

You're mining XMR. On AMD cards. Why? Mining something else (pretty much anything else) and buying XMR would get you more.

I'm buying them too, especially now with the price at rock bottom.  Price will go back up though.  Hold them coins for days ahead.
sr. member
Activity: 306
Merit: 251
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...

Better late than never.  I didn't mine my first XMR until August.   But have mined a good bit now.  Matter of fact have a 290x GPU coming in today to run on my latest rig.  5x 280x and 1x 290x as a flagship card on that rig.    
legendary
Activity: 1428
Merit: 1001
getmonero.org
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...


In 2012 i decided to start mining bitcoins to support the network since i had already bought a few. So i built a nice computer with a nice GPU which was giving me 0.5 bitcoin a day. I think the price was around 8 dollars at the time. After mining for a few weeks i decided to sell the computer mostly because i couldnt stand the noise of the GPU fan Tongue After all i was gaining just a few dollars and i would need  a few months to get back my investment for the computer.

Now obviously i know that i shouldnt have sold that computer...

 
hero member
Activity: 505
Merit: 500
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.

Welcome, though you're kind'a late...
legendary
Activity: 1834
Merit: 1019
This was my first mined crypto too Smiley It's a fulfilling feeling
legendary
Activity: 1260
Merit: 1008
Just to spread the good news... even though its not big news, its big to me.

I successfully have accumulated 1 XMR by mining with my own Xeon 771-775 sticker-hacked ebay-built rigs on monerohash... after having learned enough linux (or copy and pasting code into terminals... can't tell you how many times I've killed a program by ctrl-c'ing in a damn terminal... btw, thank you all you nice linux people for putting terminal code on the interwebs so I can just copy-paste.. or copy-shift-insert, as the case may be).

and then to see it pop up on my wallet as my client was catching up to the network.

very satisfying. Yay. My very first self-mined cryptocurrency.

now if I could only snipe some 750 ti's.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
This Re-doubles my faith in Monero.

https://download.wpsoftware.net/bitcoin/wizardry/brs-arbitrary-output-sizes.txt

Unless I have read this incorrectly it is a simple addition to Cryptonote coins?

Not, not really, and whether or not it's a security improvement is questionable as it adds a new level of associative data to transactions (outputs are exponentially more likely to be smaller mixed in inputs than larger ones). At best you reduce bloat by a constant while introducing a property whose application to forensics is unknown.

Is there a rebute to this "possible" security issue that this purports to address. And when you say no you did not mean it would not be an "easy" integration?
legendary
Activity: 1484
Merit: 1005
This Re-doubles my faith in Monero.

https://download.wpsoftware.net/bitcoin/wizardry/brs-arbitrary-output-sizes.txt

Unless I have read this incorrectly it is a simple addition to Cryptonote coins?

Not, not really, and whether or not it's a security improvement is questionable as it adds a new level of associative data to transactions (outputs are exponentially more likely to be smaller mixed in inputs than larger ones). At best you reduce bloat by a constant while introducing a property whose application to forensics is unknown.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
This Re-doubles my faith in Monero.

https://download.wpsoftware.net/bitcoin/wizardry/brs-arbitrary-output-sizes.txt

Unless I have read this incorrectly it is a simple addition to Cryptonote coins?
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
WOW
Network Hash Rate: 20.97 MH/sec

Are there any more miners with video cards?

if so
it is in which country and how much electrical energy there

KNC made Scrypt-N firmware for Titans on Friday. After that, titans have nuked lots of Scrypt-N coins. Perhaps, former Scrypt-N GPU-/CPU-miners have moved to different algo coins...
Jump to: