[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1898.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: aminorex on May 31, 2014, 10:00:40 PM

It will be interesting to see how MRO does relative to fiat during a BTC moonshot. I expect this to be a pretty tame bubble, if it is one, but LTC has largely lost cred, and MRO might take its place as moon to sun, with value lagging BTC during the early phase, getting whipped up rapidly, and overshooting the gains in BTC relative to fiat, before relaxing again.

Please step away from the keyboard when you do mescaline.

You're welcome.

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: aminorex on May 31, 2014, 10:00:40 PM

It will be interesting to see how MRO does relative to fiat during a BTC moonshot. I expect this to be a pretty tame bubble, if it is one, but LTC has largely lost cred, and MRO might take its place as moon to sun, with value lagging BTC during the early phase, getting whipped up rapidly, and overshooting the gains in BTC relative to fiat, before relaxing again.

Sounds like you had a rough night

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

It will be interesting to see how MRO does relative to fiat during a BTC moonshot. I expect this to be a pretty tame bubble, if it is one, but LTC has largely lost cred, and MRO might take its place as moon to sun, with value lagging BTC during the early phase, getting whipped up rapidly, and overshooting the gains in BTC relative to fiat, before relaxing again.

sorryforthat

hero member

Activity: 994

Merit: 500

Quote from: surfer43 on May 31, 2014, 09:30:09 PM

Address 454HDLDtqCLS24EsDAYorf9QAVkNqQPdJTaEBrdi9pVELUH6ZSU37VqV8UAoTYV7kX34w1NvpPrrM7F RA9BwWS8nFCGtWEK: please stop trying to mine on MoneroPool.org with simpleminer! Use cpuminer-multi instead.

cant you just disconnect him?

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Address 454HDLDtqCLS24EsDAYorf9QAVkNqQPdJTaEBrdi9pVELUH6ZSU37VqV8UAoTYV7kX34w1NvpPrrM7F RA9BwWS8nFCGtWEK: please stop trying to mine on MoneroPool.org with simpleminer! Use cpuminer-multi instead.

huobi.com

newbie

Activity: 33

Merit: 0

Flying,No.1 on Poloniex.com

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: GreekBitcoin on May 31, 2014, 01:41:40 PM

Quote from: ?? on ??

I am trying to compile wolf's miner On my linux box (64 bit CentOS 6.5) with no luck so far.

Any hints about how to compile this miner on CentOS?

I am also trying to compile Luca's one on CentOS but with no luck. When i try to run minerd it just stops saying illegal instruction. If you find a solution please tell me...

In case jap1968 havent solved the problem, or for anyone else, all i had to do was to upgrade my gcc. Thanks Wolf that told me

http://ask.xmodulo.com/upgrade-gcc-centos.html

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: Zer0Sum on May 31, 2014, 04:49:39 PM

So if they are taking 2% it's only $400-500/day...
Is the cost of running a large pool zero?

Looks like they make their monthly cost in 12 hours from fees (estimation).

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: surfer43 on May 31, 2014, 02:44:10 PM

Quote from: stellarman on May 31, 2014, 02:41:16 PM

When I look at the "Pool Blocks" tab on MoneroPool.org, I see that almost 40% of the blocks show as "orphaned".

What's with that?

Is this a result of the 60 second block time? Is it the result of some other flaw/factor in the CryptoNight algorithm? As far as I know, most other coins have much smaller orphan rates.

I assume if other pools were any different, someone would have reported it here.

This seems to me like a HUGE waste of everyone's hashes. Not so?

Smaller pools get more orphans than bigger pools, that's why moneropool.org and the other small pools have so many orphans. Moneropool.com has almost 60% of the network hashrate so its orphan rate is more like 15%. The 1 minute block time is the reason for all the orphans.

So if they are taking 2% it's only $400-500/day...
Is the cost of running a large pool zero?

othe

hero member

Activity: 532

Merit: 500

An article about CoinJoin and why its not effective enough for anonymity:

http://www.scribd.com/doc/227369807/Bitcoin-Coinjoin-Not-Anonymous-v01

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: stellarman on May 31, 2014, 02:41:16 PM

When I look at the "Pool Blocks" tab on MoneroPool.org, I see that almost 40% of the blocks show as "orphaned".

What's with that?

Is this a result of the 60 second block time? Is it the result of some other flaw/factor in the CryptoNight algorithm? As far as I know, most other coins have much smaller orphan rates.

I assume if other pools were any different, someone would have reported it here.

This seems to me like a HUGE waste of everyone's hashes. Not so?

No not really. The difficulty would be higher without the orphans.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: bengtåke on May 31, 2014, 03:41:41 PM

Quote from: Grifftech on May 31, 2014, 03:21:58 PM

How long does it take the wallet to sync? It is just saying initializing. I am using the Cryptonote wallet

Few hours probably, if you type set_log 1 into the console you'll get some block spam if it's working

If you can download a block chain snapshot. That is much faster.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: ?? on ??

Quote from: blaaaaacksuit on May 31, 2014, 02:25:19 PM

Moneropool.com is having that "problem" again.

PLEASE SPREAD YOUR HASH!!! THIS POOL HAS OVER 51%

Quote from: stellarman on May 31, 2014, 02:41:16 PM

When I look at the "Pool Blocks" tab on MoneroPool.org, I see that almost 40% of the blocks show as "orphaned".

What's with that?

Is this a result of the 60 second block time? Is it the result of some other flaw/factor in the CryptoNight algorithm? As far as I know, most other coins have much smaller orphan rates.

I assume if other pools were any different, someone would have reported it here.

This seems to me like a HUGE waste of everyone's hashes. Not so?

Even qcn has huge number of orphans, so its not the block time.

Two minutes may still be too low for these coins, given the higher verification cost. Subjectively speaking the orphan rate on DUCK (4 minute target) seems quite low, but the coin is new so hard to say.

33zer0w0lf

full member

Activity: 224

Merit: 100

Quote from: ?? on ??

Quote from: blaaaaacksuit on May 31, 2014, 02:25:19 PM

Moneropool.com is having that "problem" again.

PLEASE SPREAD YOUR HASH!!! THIS POOL HAS OVER 51%

Quote from: stellarman on May 31, 2014, 02:41:16 PM

When I look at the "Pool Blocks" tab on MoneroPool.org, I see that almost 40% of the blocks show as "orphaned".

What's with that?

Is this a result of the 60 second block time? Is it the result of some other flaw/factor in the CryptoNight algorithm? As far as I know, most other coins have much smaller orphan rates.

I assume if other pools were any different, someone would have reported it here.

This seems to me like a HUGE waste of everyone's hashes. Not so?

Even qcn has huge number of orphans, so its not the block time.

http://mro.extremepool.org

bengtåke

sr. member

Activity: 309

Merit: 250

confused developer

Quote from: Grifftech on May 31, 2014, 03:21:58 PM

How long does it take the wallet to sync? It is just saying initializing. I am using the Cryptonote wallet

Few hours probably, if you type set_log 1 into the console you'll get some block spam if it's working

Grifftech

newbie

Activity: 56

Merit: 0

How long does it take the wallet to sync? It is just saying initializing. I am using the Cryptonote wallet

Grifftech

newbie

Activity: 56

Merit: 0

Quote from: blaaaaacksuit on May 31, 2014, 03:03:27 PM

Quote from: Grifftech on May 31, 2014, 03:02:27 PM

Hiya guys,

I am pretty confused on trying to get this setup and running. Is there an easy compiled Windows wallet?

Its on the OP. Command line wallet only for the time being.

OK, thanks

blaaaaacksuit

sr. member

Activity: 280

Merit: 250

Who cares?

Quote from: Grifftech on May 31, 2014, 03:02:27 PM

Hiya guys,

I am pretty confused on trying to get this setup and running. Is there an easy compiled Windows wallet?

Its on the OP. Command line wallet only for the time being.

Grifftech

newbie

Activity: 56

Merit: 0

Hiya guys,

I am pretty confused on trying to get this setup and running. Is there an easy compiled Windows wallet?

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: stellarman on May 31, 2014, 02:41:16 PM

When I look at the "Pool Blocks" tab on MoneroPool.org, I see that almost 40% of the blocks show as "orphaned".

What's with that?

Is this a result of the 60 second block time? Is it the result of some other flaw/factor in the CryptoNight algorithm? As far as I know, most other coins have much smaller orphan rates.

I assume if other pools were any different, someone would have reported it here.

This seems to me like a HUGE waste of everyone's hashes. Not so?

Smaller pools get more orphans than bigger pools, that's why moneropool.org and the other small pools have so many orphans. Moneropool.com has almost 60% of the network hashrate so its orphan rate is more like 15%. The 1 minute block time is the reason for all the orphans.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1898. (Read 4670606 times)