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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1692. (Read 4670972 times)

legendary
Activity: 2156
Merit: 1131
Hmm, well my and many other peoples CPU's I know of are crappy, and I tried mining and only got like .1 Monero per day.

I was talking about the best CPUs. Those are top grade AMD CPU for servers that require special motherboard. It is not like the normal people CPUs. Even the gamer CPUs are not close to that.

I you have a normal motherboard, the best for you is GPU NVIDIA 750 Ti.
legendary
Activity: 2156
Merit: 1131
this seems a great coin, but CPU/GPU 1:1 is really a problem, those with GPUs won't be interested in it.
GPU's for Monero are more than 20x more efficient at mining than CPU's...

No way. It depend of the CPU. The best CPUs are still better than any GPU :

AMD Opteron 6344 --> 430 hash for 115 W --> 3.75 h/W
R9 290-4GD5 - ASUS   --> 437.5 hash for 216 W --> 2.02 h/W
GeForce GTX 750 T --> 200 hash for 60 W --> 3.33 h/W

AMD Opteron 6344 is 85.6 % more efficient that a R9
AMD Opteron 6344 is 12.6 % more efficient that a 750 T

EDIT : Actually, dual AMD Opteron 6272 is even better : 3.91 h/W
sr. member
Activity: 252
Merit: 250
Hi noob question, in order not to make a mistake when I want to transfer funds, is there a way to cut and paste addresses into simplewallet?

You should be able to right-click and paste, you might find it easier if you right-click the top bar of the Cmd window and under "Properties" tick "Quick edit mode".

Copying addresses from the CMD window is a bit trickier, you have to right-click and select "Mark" in order to highlight the text first.
sr. member
Activity: 252
Merit: 250
My rigatoni:
OS: Windows 8.1

intel i7 4770 @ stock speeds [3.4GHz, up to 3.9 Max Turbo](4 threads): ~166 H/s -- Wolf0's minerd.exe
PNY nVidia GeForce GTX 750Ti OC [+81MHz Core, +189MHz Memory]   : ~274 H/s -- tsiv's ccminer.exe

274/166 =  1.65 , so comparing these 2 mainstream processors, running in Windows, GPU is 1.65 times faster than CPU



Nice PC spec, but you have to admit its well above the average Windows system that is likely to be botnet'd, which is what ppl seem to want to squeak about all the time. At least one of the larger botnets uses a custom 32bit miner which I assume therefore doesnt do AES, so I dont think its unreasonable to estimate hashrates of 40-80H/sec from each compromised system. Compare that to the current favourite XMR mining GPU, the R9-290X, which will do 900H/sec with the latest Claymore miner. The more economical but still good for gaming R9-270X will do 400H/sec.

As I said a few posts before, the ratio of CPU to GPU hashrates is roughly similar to Scrypt and other algos now, so I don't see it as a relevant factor.
hero member
Activity: 494
Merit: 500
Hi noob question, in order not to make a mistake when I want to transfer funds, is there a way to cut and paste addresses into simplewallet?
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
How can I set the username/password for the wallet for solomining? I can only set the rpc-bind-port in the conf file.
hero member
Activity: 644
Merit: 502
My rigatoni:
OS: Windows 8.1

intel i7 4770 @ stock speeds [3.4GHz, up to 3.9 Max Turbo](4 threads): ~166 H/s -- Wolf0's minerd.exe
PNY nVidia GeForce GTX 750Ti OC [+81MHz Core, +189MHz Memory]   : ~274 H/s -- tsiv's ccminer.exe

274/166 =  1.65 , so comparing these 2 mainstream processors, running in Windows, GPU is 1.65 times faster than CPU

sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
this seems a great coin, but CPU/GPU 1:1 is really a problem, those with GPUs won't be interested in it.

GPU's for Monero are more than 20x more efficient at mining than CPU's...
Since when? Cheesy
hero member
Activity: 770
Merit: 500
this seems a great coin, but CPU/GPU 1:1 is really a problem, those with GPUs won't be interested in it.

GPU's for Monero are more than 20x more efficient at mining than CPU's...
member
Activity: 93
Merit: 10

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hero member
Activity: 551
Merit: 500
this seems a great coin, but CPU/GPU 1:1 is really a problem, those with GPUs won't be interested in it.
legendary
Activity: 1722
Merit: 1217
One of the nxt guys is thinking about piggy backing onto of monero inorder to bring anonymity to nxt. Basically he will run an automated system where users will be able to buy tokens on the asset exchange representing monero. redeem the assets for monero. send the monero to the other party. he will exchange the monero for tokens. then sell the tokens on the asset exchange for nxt.

That should de-anonymize the transaction pretty effectively.

How? You dont need to deliver the actual public address to the server. You can simply calculate the 1 time address client side and transmit that to the server. The server its self wouldnt know who you were sending the monero to. And on the other side of the transaction, when you turn the monero back into tokens, they wouldnt be able to gather where it had come from on that side either.

I guess there is some risk since often the server would be receiving coins that it had very recently sent out. They could deduce some information there because of this. Its still just a thought experiment at this point. Constructive feedback definitely welcome.
legendary
Activity: 3570
Merit: 1959
[...]
Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

Very nice analogy!


Cash does have serial numbers, don't forget.

Ours be like: 44fJ52WJGUmceBX6iARnfW6k9p2MFrwkb9AeXRDvQFUCKTHEGOVERMENTPONZISCHEMEWEARETAKINGOVERFROMHEREDaZYM8zkA2uuysE164GBGrhkvGh8PAxGUFU5FqeEmk82Cww3CHdeRS

Hahaha.. that's awesome, thanks! Smiley
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
One of the nxt guys is thinking about piggy backing onto of monero inorder to bring anonymity to nxt. Basically he will run an automated system where users will be able to buy tokens on the asset exchange representing monero. redeem the assets for monero. send the monero to the other party. he will exchange the monero for tokens. then sell the tokens on the asset exchange for nxt.

That should de-anonymize the transaction pretty effectively.
legendary
Activity: 1722
Merit: 1217
One of the nxt guys is thinking about piggy backing onto of monero inorder to bring anonymity to nxt. Basically he will run an automated system where users will be able to buy tokens on the asset exchange representing monero. redeem the assets for monero. send the monero to the other party. he will exchange the monero for tokens. then sell the tokens on the asset exchange for nxt.
member
Activity: 115
Merit: 10
BTC for a better world
[...]
Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

Very nice analogy!


Cash does have serial numbers, don't forget.

Ours be like: 44fJ52WJGUmceBX6iARnfW6k9p2MFrwkb9AeXRDvQFUCKTHEGOVERMENTPONZISCHEMEWEARETAKINGOVERFROMHEREDaZYM8zkA2uuysE164GBGrhkvGh8PAxGUFU5FqeEmk82Cww3CHdeRS
hero member
Activity: 644
Merit: 502
[...]
Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

Very nice analogy!


Cash does have serial numbers, don't forget.
legendary
Activity: 1512
Merit: 1012
Still wild and free
[...]
Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue

Very nice analogy!
newbie
Activity: 50
Merit: 0


Because Bitcoin is traceable and only quasi anonymous, with mass surveillance a real thing it makes sense if you want to transact privately. Dont forget with good blockchain forensics by just paying for a small thing p2p someone can identify your general wealth etc. Dont get me wrong there are plenty of ways to mitigate the problem but from a general ease of use POV if its anon by default its generally just better.

Thats the great thing, I agree that it will be great for private transactions and in a P2P world without banks a lot of day to day transaction will become private. But it can do both, it can be great as an anon day to day currency lending the general population a modicum of privacy and well suited to the private transactions you speak of.

An interesting thought for me has been the idea that there are some financial transactions or even legal instruments where it benefits and protects both parties for it to be publicly provable.

Your honor, I claim cAPSLOCK did not send me 300 bitcoins for my used Lambo!  

I am sorry Mr Goat, I can see right here on my phone where cAPSLOCK indeed send 300 bitcoins from his address to your address.  Please give him the keys and transfer the title on the blockchain using counterparty.
That's why we should consider monero type of currency the bitcoin complement and not it's competitor, If and when they could become somehow conjugated..

Monero becoming the equivalent of Bitcoin would be it being as a "parallel" chain alongside Bitcoin's. So wherever bit coin is accepted, so would Monero, whatevers bitcoins price is, so would be moneros, etc etc. Monero would be the chain that offers anonymity, bitcoin would be the chain that offers regular transactions.

Bitcoin as bank transfer alternative, Monero as cash alternative ? Tongue
hero member
Activity: 770
Merit: 500


Because Bitcoin is traceable and only quasi anonymous, with mass surveillance a real thing it makes sense if you want to transact privately. Dont forget with good blockchain forensics by just paying for a small thing p2p someone can identify your general wealth etc. Dont get me wrong there are plenty of ways to mitigate the problem but from a general ease of use POV if its anon by default its generally just better.

Thats the great thing, I agree that it will be great for private transactions and in a P2P world without banks a lot of day to day transaction will become private. But it can do both, it can be great as an anon day to day currency lending the general population a modicum of privacy and well suited to the private transactions you speak of.

An interesting thought for me has been the idea that there are some financial transactions or even legal instruments where it benefits and protects both parties for it to be publicly provable.

Your honor, I claim cAPSLOCK did not send me 300 bitcoins for my used Lambo!  

I am sorry Mr Goat, I can see right here on my phone where cAPSLOCK indeed send 300 bitcoins from his address to your address.  Please give him the keys and transfer the title on the blockchain using counterparty.
That's why we should consider monero type of currency the bitcoin complement and not it's competitor, If and when they could become somehow conjugated..

Monero becoming the equivalent of Bitcoin would be it being as a "parallel" chain alongside Bitcoin's. So wherever bit coin is accepted, so would Monero, whatevers bitcoins price is, so would be moneros, etc etc. Monero would be the chain that offers anonymity, bitcoin would be the chain that offers regular transactions.
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