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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1780. (Read 4670606 times)

sr. member
Activity: 692
Merit: 254
terra-credit.com
I wouldn't be too surprised, since Monero is easy and most profitable target for botnet owners. I just wonder how much hash rate can be attributed to botnets currently. Hopefully, not that much. But the difficulty growth happens very fast with a long plato afterwards, which might point to new botnets jumping in.

CPU mined coins are subject to botnets by definition. However, this is not what you want for the coin you're mining or investing in. Large botnet share means that the majority of the coins is obtained by the scammers and is likely to be dumped. This can't be good for the long term development because the coins are spread not among the devs or users, but are obtained by botnet holders.

How much is the case for Monero? I really believe that not all of the spikes are due to botnets, but at least some of them could be.

As far as I know this is not a first botnet in Monero history. Heard something about it not so long before june. Well, certainly it’s not a Monero developers fault - they are doing the best they can.
hero member
Activity: 560
Merit: 500
Checking the y-axis on graphs is hard for some people. Smiley

EC2 instances moving in and out move the hashrate much more than the quoted 'spike'.
legendary
Activity: 1428
Merit: 1000
I wouldn't be too surprised, since Monero is easy and most profitable target for botnet owners. I just wonder how much hash rate can be attributed to botnets currently. Hopefully, not that much. But the difficulty growth happens very fast with a long plato afterwards, which might point to new botnets jumping in.

CPU mined coins are subject to botnets by definition. However, this is not what you want for the coin you're mining or investing in. Large botnet share means that the majority of the coins is obtained by the scammers and is likely to be dumped. This can't be good for the long term development because the coins are spread not among the devs or users, but are obtained by botnet holders.

How much is the case for Monero? I really believe that not all of the spikes are due to botnets, but at least some of them could be.
sr. member
Activity: 373
Merit: 250
I would like to ask you about the botnets in XMR. I've been reading bytecoin thread and stumbled upon XMR mining malware.
There was also a topic on the stealth miner: https://bitcointalksearch.org/topic/monero-stealth-miner-639375

Did anybody notice any difficulty spikes in early June?

As I know there was a spike somewhere between late May and early June.
Actually all Monero hashrate history looks spiky, so Monero is a new botnet heaven Grin
http://monerochain.info/charts/difficulty shows it well:


This particular spike looks related to the stealth miner issue as it happened about a week before it was discovered, and as far as I remember it was a second report on the trojan miners [no proof link unfortunately, it's buried somewhere in 360 earlier pages in this thread].

I wouldn't be too surprised, since Monero is easy and most profitable target for botnet owners. I just wonder how much hash rate can be attributed to botnets currently. Hopefully, not that much. But the difficulty growth happens very fast with a long plato afterwards, which might point to new botnets jumping in.
sr. member
Activity: 728
Merit: 265
I would like to ask you about the botnets in XMR. I've been reading bytecoin thread and stumbled upon XMR mining malware.
There was also a topic on the stealth miner: https://bitcointalksearch.org/topic/monero-stealth-miner-639375

Did anybody notice any difficulty spikes in early June?

As I know there was a spike somewhere between late May and early June.
Actually all Monero hashrate history looks spiky, so Monero is a new botnet heaven Grin


http://monerochain.info/charts/difficulty shows it well:


hero member
Activity: 723
Merit: 503
I emailed to MP, I asked why MP didn't choose XMR before?

The support replied:

Hello,

As it is a completely new codebase, this means we have to build new scripts to support it which takes time. We are now in a position to do this and it is clear that the community would like to see Monero traded at MintPal.

I think Mintpal has done the XMR implementation at MP. See it next monday Cheesy

Can you provide a screenshot for anti-fud purpose ? Its not that I dont believe you, quite the contrary, but I think it's best that we get used to provide sources for everything we say!
legendary
Activity: 1428
Merit: 1000
I would like to ask you about the botnets in XMR. I've been reading bytecoin thread and stumbled upon XMR mining malware.
There was also a topic on the stealth miner: https://bitcointalksearch.org/topic/monero-stealth-miner-639375

Did anybody notice any difficulty spikes in early June?
legendary
Activity: 2142
Merit: 1131
why sometimes bitmonerod don't finish downloading blocks but show SYNCRONIZED OK ?
14 block behind
http://fotki.yandex.ru/next/users/ss-serj/album/60283/view/728406

As long as there is block left (14 blocks behind), it is not 100% synchronised.
You must wait for 0 block behind.

Its a miner error I think just type refresh and enter

This. Sometimes you have to type multiple times "refresh" before it refresh properly.
hero member
Activity: 565
Merit: 500
Its a minor error I think just type refresh and enter
legendary
Activity: 1001
Merit: 1005
why sometimes bitmonerod don't finish downloading blocks but show SYNCRONIZED OK ?
14 block behind

http://fotki.yandex.ru/next/users/ss-serj/album/60283/view/728406
hero member
Activity: 509
Merit: 500
There is no way that i can see to contact admin - http://mro.extremehash.com/pool

legendary
Activity: 2142
Merit: 1131
http://mro.extremehash.com/pool
Anyone know why maturity is in the negative??

Negative maturity... interesting.
You should contact the admin.
hero member
Activity: 509
Merit: 500
http://mro.extremehash.com/pool

Anyone know why maturity is in the negative??
hero member
Activity: 840
Merit: 1000
I emailed to MP, I asked why MP didn't choose XMR before?

The support replied:

Hello,

As it is a completely new codebase, this means we have to build new scripts to support it which takes time. We are now in a position to do this and it is clear that the community would like to see Monero traded at MintPal.

I think Mintpal has done the XMR implementation at MP. See it next monday Cheesy
hero member
Activity: 538
Merit: 500
The price will be 0.1BTC!

Why 0.1BTC? Why not 0.5 BTC?
legendary
Activity: 2142
Merit: 1131

I just made a separate thread for everything concerning monero.crypto-pool.fr :

[ANN][XMR] monero.crypto-pool.fr | Large Monero Mining Pool

Feel free to comment and report problems.
hero member
Activity: 538
Merit: 500
But something doesn't make sense. If Bots are large miners of XMR, why are we not seeing large dumps (or are we)?

You will see them, believe me - XMR is no different than other cryptos.
Currently there is hype (new exchanges, GUI, new BTC, new paradigm,...) and speculation before Mintpal and other exchanges add XMR. A lot are just hoping to see 10-20x gains which is very possible, but this spike won't last long because inflation is huge for the next couple of years and better coins are coming for sure.
hero member
Activity: 504
Merit: 500
Cool, Mintpal soon, I just bought some XMRs, price is still very low.
hero member
Activity: 687
Merit: 500
novag
The price will be 0.1BTC!
legendary
Activity: 1442
Merit: 1000
Antifragile
Interesting, we are at over .006 BTC now and if you look at the Poloniex orderbook there just are not many sells.
The first notable wall is at .007 and 35 or so BTC, then a "wall" of 9 BTC at .008.

This has explosive written all over it.

But something doesn't make sense. If Bots are large miners of XMR, why are we not seeing large dumps (or are we)?
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