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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1562. (Read 4670972 times)

legendary
Activity: 2968
Merit: 1198
Don't be afraid to solo mine if you don't need the steady income. That is the absolute best defense for the network and as a bonus you are immune from pool DoS attacks.

A block of XMR is about 30 USD equivalent. If that is not something that will make or break you either way, you have nothing to fear from the variance of solo mining.



You'll need a consequent hash power to solo mine XMR these days

Not really. It isn't that well understood perhaps that every bit of hash power, however small, has a proportionately equal chance to solo a block. Even with just one desktop (200 h/s) computer you have roughly a 50% chance to score a block in a month. You could even get lucky and score a few blocks. Or you could very well get nothing. But your risk there (compared to roughly what you would get pool mining) is about 15 USD. That is hardly a major risk for many people.

If you want to help the network more than anything else, this the way to go.


full member
Activity: 210
Merit: 100
Don't be afraid to solo mine if you don't need the steady income. That is the absolute best defense for the network and as a bonus you are immune from pool DoS attacks.

A block of XMR is about 30 USD equivalent. If that is not something that will make or break you either way, you have nothing to fear from the variance of solo mining.



You'll need a consequent hash power to solo mine XMR these days
legendary
Activity: 2968
Merit: 1198
Don't be afraid to solo mine if you don't need the steady income. That is the absolute best defense for the network and as a bonus you are immune from pool DoS attacks.

A block of XMR is about 30 USD equivalent. If that is not something that will make or break you either way, you have nothing to fear from the variance of solo mining.

hero member
Activity: 560
Merit: 500
Yes, hashrate needs to spread out more. Just because Bitcoin sets a very low standard doesn't mean we need to follow in its footsteps. Tongue

(And if you are switching, consider going to one of the pools donating a lot to the dev team like CryptoNotePoolUK).
hero member
Activity: 644
Merit: 502
Miners have been warned about it many times before, having all the hash on a few pools makes them an attractive target for DDoS. Its not a major risk to the network security at this point as a 51% attack would still require the hashpower of the next 2 or 3 biggest pools combined, but its cost a bunch of miners some XMR (which have gone to all the miners on other pools instead, before anyone gets confused).

Same thing goes for a little-known cryptocoin called Bitcoin. Wink 
sr. member
Activity: 252
Merit: 250
Could it be an error in the chart?  How the hell could it drop like that out of the blue?



Speculation about drop in network hash rate?

Moneropool.com under DDoS attack from what I heard on IRC earlier, and it was only finding a block every 30-60min which equates to an effective hash rate of only 0.5MH/sec compared to the 5-6MH/sec it usually has so that would explain the difference.

Miners have been warned about it many times before, having all the hash on a few pools makes them an attractive target for DDoS. Its not a major risk to the network security at this point as a 51% attack would still require the hashpower of the next 2 or 3 biggest pools combined, but its cost a bunch of miners some XMR (which have gone to all the miners on other pools instead, before anyone gets confused).
legendary
Activity: 1624
Merit: 1008
Was wondering why my pool's HR went up.

Also 19.5 hrs ago the Chinese pool alimabi had the 2nd highest HR at 5.07 MH/s and 7.5 hrs ago it was 2.94 MH/s.  Now it's 1.54 MH/s.

ETA:  My pool's HR went back to normal in a few minutes.  I don't know how accurate the numbers are.  My HR can vary by a factor of 2 over a short time for no reason.
legendary
Activity: 3570
Merit: 1959
Speculation about drop in network hash rate? Moneropool.com dropped 3 MH?

They might be having network issues or under attack I'm guessing.  Some of my miners are getting timed out going there.

i havent' been able to connect for like 5 hours - in the usa. 'm back to westhash (formerly nicehash for EU countries)... and it's not paying out shit... Sad

member
Activity: 75
Merit: 10
Supermoon tonight  Wink Perhaps there are plans for aligned astronomical events.
hero member
Activity: 723
Merit: 503
Speculation about drop in network hash rate?

Similar drop happened on july the 13th. That was the day we hit the bottom. Maybe we're in for a double bottom at 3,3ish ? i dont know.

legendary
Activity: 1456
Merit: 1000
Can't see one miner having that much hash power.

Could it be an error in the chart?  How the hell could it drop like that out of the blue?



Speculation about drop in network hash rate?

Quite easily if one person who had a huge farm found a more profitable coin to mine and bailed.

legendary
Activity: 1096
Merit: 1021
Speculation about drop in network hash rate? Moneropool.com dropped 3 MH?

They might be having network issues or under attack I'm guessing.  Some of my miners are getting timed out going there.
sr. member
Activity: 280
Merit: 250
Who cares?
Could it be an error in the chart?  How the hell could it drop like that out of the blue?



Speculation about drop in network hash rate?

Quite easily if one person who had a huge farm found a more profitable coin to mine and bailed.
legendary
Activity: 1456
Merit: 1000
Could it be an error in the chart?  How the hell could it drop like that out of the blue?



Speculation about drop in network hash rate?
member
Activity: 75
Merit: 10
Speculation about drop in network hash rate? Moneropool.com dropped 3 MH?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Better check these off your list.

Coinex
Coinmarket io

Wink

Yes...Dead ones. I think actually, Coinex turned into a scam ? I traded on it but never got any of my withdrawals.


I would divide exchanges into categories:

Still running well
Still running but poor function
Started with good intent, but failed for external reasons/hack etc..
Seemed OK initially but turned into a scam/ owners ran off.
Planned Scam from the outset.



Sounds like a good thread there. Cheesy
legendary
Activity: 2534
Merit: 1129
Better check these off your list.

Coinex
Coinmarket io

Wink

Yes...Dead ones. I think actually, Coinex turned into a scam ? I traded on it but never got any of my withdrawals.


I would divide exchanges into categories:

Still running well
Still running but poor function
Started with good intent, but failed for external reasons/hack etc..
Seemed OK initially but turned into a scam/ owners ran off.
Planned Scam from the outset.

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Better check these off your list.

Coinex
Coinmarket io

Wink
legendary
Activity: 2534
Merit: 1129
Is anyone willing to sell me a small amount of monero? Maybe like 20-ish?

Why not use an exchange?
Because I'm only registered to 1 for altcoins and 1 for Bitcoin.
Registering then transferring the BTC there, buying monero transferring it back is just too much work wasted for a small amount.


You have to work at it to learn, and to get anything out.Try some new exchanges: you will discover useful information.

I started on altcoins 18 months ago, worked at it,and made nothing for a while. Now it is different.

By now, I am now registered on 26 exchanges, and own 75 different coins.



That is alot of exchanges. You should start a thread and list and rate them.. I didn't even know there was that many still operational. Are you including the scammer ones in that list?

Just checked and:

23 (nearly all still going)

Allcoin
Allcrypt
Alt2Bit
Atomic Trade
BitStamp
BTCe
Bter
Coinedup
Coinex
Coinmarket io

CoinsE
Comkort
Cryptonit

Cryptsy
Ecoiner
Europex
Justcoin

MCXnow
Mintpal
Poloniex
Swaphole
Swisscex
Vircurex

Plus 5 definitely defunct

MTGox (failed)
BTC Central (hacked and failed)
Openex (closed)
IndieMarket  (failed)
Sharex (turned out a scam)
Cryptorush (failed)

I traded on all those....there were a couple of other scam ones I can't recall (sent BTC and lost it) because I deleted all records.

So 30 in all.


legendary
Activity: 2968
Merit: 1198
Virustotal is showing lots of hits on  yvg1900 - Mu7 Miner CPU miner.

https://www.virustotal.com/en/file/caeb65367a8d7fa5a07986845036b7dcd4b631787ac3932fe2dd08c3ff427111/analysis/1407680763/

Is also unable to connect via proxy, thoughts?

Most (but not all) malware hits on miner are false positives caused by malware that includes the miner as a component. I would not personally be concerned about yvg's miner as long as you are getting it from yvg's official download location (and nowhere else).

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