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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1930. (Read 4671108 times)

member
Activity: 75
Merit: 10
Anyone from moneropool.com???

I connected two miners using the stratum and cpu-multi miner, the latest with no "boo bug"... But I get very little "yays". Both are hashing, but when I look them up using the address I noticed hash-rate still goes up and down, like in pre-stratum days and from time to time it reports that last share was submitted few minutes ago and ofc hash-rate is 0 at that time...

You're currently the pool with the strongest hash-rate, the best block discovery rate but this is really way out of optimum... Any ideas what can I do or you can do about it?

Or any other recommendation for a pool from community? MinerGate still didn't fix the problem with my missing coins so would like to skip them even they are the second strognest pool.
full member
Activity: 215
Merit: 102
Quote
MRO is forgotten by the people
FCN is already trade in Bittrex and get nice volume for 3 hours

yea, -100% in the last 12 hours. great performance Grin
sr. member
Activity: 336
Merit: 250
I finaly devised (and successfully applied) a refinement to the 10/200 strategy:

Extended 10/200 strategy

Quote
I introduced you earlier to the 10/200 strategy by noted Bitcoin mogul Risto Pietila:

Everytime the price doubles, sell 10 % of your remaining stash.

And the corollary to the 10/200 strategy, which ensures you get free money from 73% of your stash:

ROI after three doublings.

Here, there is two schools: one that continue to sell after ROI is reached and one that just holds. Which school you will follow depends on how impatient, in need of money and confident on the future of your asset you are.

Now I would like to introduce you to what I called the extended 10/200 strategy. This is nothing new, traders use it everyday. Credits still go to aminorex.

After selling, place a buy order of the amount your sold at X% below your selling price and sell again at target price. Rinse and repeat.

For instance, your trading plan is to sell 10% of your Monero at 0.0064 BTC. You decide to buy back at 0.0051 BTC, because you are confident this is just a temporary fall in price and that it will reach 0.0064 again and probably more. Once it will reach 0.0064 again, you will sell again. In the process, you will have gain some moneroj. Free money. Once it doesn't work anymore (the price stops yoyoing around 0.0060 BTC), you just take the money and cash out (or invest it on something else).

This extension of the 10/200 strategy is compatible with both schools (the continuous sale school and the holding school).

I am a follower of the 100/1000 strategy. Sell everything when the price goes up 1000%.
hero member
Activity: 658
Merit: 503
Monero Core Team
I finaly devised (and successfully applied) a refinement to the 10/200 strategy:

Extended 10/200 strategy

Quote
I introduced you earlier to the 10/200 strategy by noted Bitcoin mogul Risto Pietila:

Everytime the price doubles, sell 10 % of your remaining stash.

And the corollary to the 10/200 strategy, which ensures you get free money from 73% of your stash:

ROI after three doublings.

Here, there is two schools: one that continue to sell after ROI is reached and one that just holds. Which school you will follow depends on how impatient, in need of money and confident on the future of your asset you are.

Now I would like to introduce you to what I called the extended 10/200 strategy. This is nothing new, traders use it everyday. Credits still go to aminorex.

After selling, place a buy order of the amount your sold at X% below your selling price and sell again at target price. Rinse and repeat.

For instance, your trading plan is to sell 10% of your Monero at 0.0064 BTC. You decide to buy back at 0.0051 BTC, because you are confident this is just a temporary fall in price and that it will reach 0.0064 again and probably more. Once it will reach 0.0064 again, you will sell again. In the process, you will have gain some moneroj. Free money. Once it doesn't work anymore (the price stops yoyoing around 0.0060 BTC), you just take the money and cash out (or invest it on something else).

This extension of the 10/200 strategy is compatible with both schools (the continuous sale school and the holding school).
hero member
Activity: 518
Merit: 502

Can someone explain to me how the block reward works? It seems to be reward = (264 - 1 - A) * 2-20 * 10-12, but how is A measured?

A is current coins in circulation.

Ah, ok, thanks. But that means that the block reward should monotonically decreasing, while http://monerochain.info/charts/reward seems to imply otherwise.

Also, on the blockchain explorer you can find blocks that have very low rewards, for example http://monerochain.info/block/b81efb2a5c19dcf2129b9cb87040f70f216f4a4ea8fc2173d0fc4f7dcf7ade73
Is that a bug in the explorer, or is the block reward really fluctuating that much?
sr. member
Activity: 300
Merit: 250

Can someone explain to me how the block reward works? It seems to be reward = (264 - 1 - A) * 2-20 * 10-12, but how is A measured?

A is current coins in circulation.
hero member
Activity: 658
Merit: 503
Monero Core Team
For those who like commands that just have to be pasted on a shell:

Installing monero and cpuminer on Debian-based distros (not completely automated, you'll have to confirm several times;backup your wallet first, because it will be deleted):
Code:
cd ~ && rm -f install_monero.sh && wget https://ottrbutt.com/monero/install_monero.sh && bash install_monero.sh

Create the wallet
Code:
cd ~/bitmonero/build/release/src && ./simplewallet --generate-new-wallet=monero_wallet.bin pass=xxxx

Get you address (copy with the mouse,  (-u 46ctfLB...))
Code:
nano ~/bitmonero/build/release/src/monero_wallet.bin.address.txt

Get your threads (-t 8 on the next code)
Code:
nproc

Poolmining with cpuminer (change pool, address and number of threads):
Code:
cd ~/cpuminer/cpuminer-multi && ./minerd -a cryptonight -o stratum+tcp://monero.farm:1337 -u 46ctfLBhgyzJm61oTtDfu9GbVhG7ito4fNiQjdZcB5bL3mz5ejQrPD29uEkDHFzCVTHGFqAdG456w6ivYp7K23SiGREUiQe -p x -t 8

Solomining with bitmonerod (change address and number of threads):
Code:
cd ~/bitmonero/build/release/src && ./bitmonerod --start-mining 46ctfLBhgyzJm61oTtDfu9GbVhG7ito4fNiQjdZcB5bL3mz5ejQrPD29uEkDHFzCVTHGFqAdG456w6ivYp7K23SiGREUiQe --mining-threads 8

Launching the daemon (incompatible with the soloming command above)
Code:
cd ~/bitmonero/build/release/src && ./bitmonerod

Launching the wallet with command history (requires installing rlwrap first); requires the daemon to be launched first (see the two commands above)
Code:
cd ~/bitmonero/build/release/src && rlwrap ./simplewallet --wallet-file=monero_wallet.bin

Hope this helps Smiley
hero member
Activity: 518
Merit: 502

  • Block reward: Smoothly varying [3]

...

[2] Actual number of atomic units is M = 264 - 1. A minimum subsidy may be implemented in the future with <1% inflation to preserve mining incentives.
[3] Uses a recurrence relation. Block reward = (M - A) * 2-20 * 10-12, where A = current circulation. Roughly 86% mined in 4 years (see graph).

Can someone explain to me how the block reward works? It seems to be reward = (264 - 1 - A) * 2-20 * 10-12, but how is A measured?
legendary
Activity: 2156
Merit: 1131
MRO is forgotten by the people
FCN is already trade in Bittrex and get nice volume for 3 hours

LOL nice trolling  Grin
TTM
full member
Activity: 140
Merit: 100
MRO is forgotten by the people
FCN is already trade in Bittrex and get nice volume for 3 hours
You forget to look at Poloniex volume.
hero member
Activity: 518
Merit: 500
MRO is forgotten by the people
FCN is already trade in Bittrex and get nice volume for 3 hours
hero member
Activity: 518
Merit: 502
Can anyone make sense of that:
--removed--
nevermind. thought I found a rounding error, but it was only a early-in-the-morning-brain error  Grin
newbie
Activity: 27
Merit: 0
I hope this isn't the wrong thread for this, but...
I put up a new pool if anyone is interested: kippo.euSmiley

Fee: 1.5%
Location: Finland

I've been following (and acquiring) Bitcoin since 2011, just never got to making an account before now. Decided to try my hand at some pool administration for a change.  Grin
hero member
Activity: 560
Merit: 500
Hi Guys! I was wondering how to import a *.keys file into my wallet client. Been trying but no luck. If someone knows it would be a great help.

Call the wallet from terminal with the argument "--wallet X.bin" if your keys file was named "X.bin.keys" (and the wallet sync data would be named "X.bin").

Linux/OSX:
./simplewallet --wallet X.bin

Windows:
simplewallet.exe --wallet X.bin
newbie
Activity: 55
Merit: 0
Hi Guys! I was wondering how to import a *.keys file into my wallet client. Been trying but no luck. If someone knows it would be a great help.
sr. member
Activity: 280
Merit: 250
Who cares?
Have any lists been created to show CPU / Hashrate / Energy use? for the cryptonight algo

If so, could someone point me in the right direction please.

Nothing recent.

This would be a good project for someone to take on. Would you like to do it?

I have created a public google docs: https://docs.google.com/spreadsheets/d/1MI-ic0Os25hgGUImW54sUIjZY_pUNQNa_W8Se5pRGBs
anyone can add their cpu/hashrate and other info
lets see how it goes.

I added a few entries.
full member
Activity: 184
Merit: 100
I down loaded cryptonote-easy-miner and I mining but how do I know how many coins I have mined.
Go to your pool's site and enter your address and it will tell you how much you've earned with them. Or, if you're solo mining, you won't get anything until you find a block (most likely will take a few days or longer).

In any case, open your wallet and it will refresh itself and show you your latest balance. If your wallet is already open, type "refresh" without quotes. And new amounts will be shown.
I ran CryptoNoteMiner and I see my address but when I go to the simplewallet folder and click on the exe Its asking me for a name didn't CryptoNoteMiner set this up all ready? I went to the pool and clicked stats and paste my address I press enter and nothing happens
hero member
Activity: 850
Merit: 1000
I down loaded cryptonote-easy-miner and I mining but how do I know how many coins I have mined.
Go to your pool's site and enter your address and it will tell you how much you've earned with them. Or, if you're solo mining, you won't get anything until you find a block (most likely will take a few days or longer).

In any case, open your wallet and it will refresh itself and show you your latest balance. If your wallet is already open, type "refresh" without quotes. And new amounts will be shown.
full member
Activity: 184
Merit: 100
I down loaded cryptonote-easy-miner and I mining but how do I know how many coins I have mined.
legendary
Activity: 2968
Merit: 1198
Have any lists been created to show CPU / Hashrate / Energy use? for the cryptonight algo

If so, could someone point me in the right direction please.

Nothing recent.

This would be a good project for someone to take on. Would you like to do it?
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