[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1932.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: SyRenity on May 25, 2014, 03:48:30 PM

Quote from: damiano on May 25, 2014, 03:46:01 PM

If you guys have missed it take a look

https://bitcointalksearch.org/topic/rpietila-altcoin-observer-624223

I have followed rpietila for a long time and and fact Monero has his stamp of approval is BIG.

I read it and frankly still on fence, as QCN (being a clone) seems to worth more then MRO atm?

No you have to look at market cap as at least one factor, not just coin price. QCN mines 1/4 as many coins as MRO (for now, at some point the curves will cross). So it would have to be valued at 4x as much to be par. Think about it, if you have a coin where you only issue 0.1 coins per day, and assuming that coin had any kind of promise at all, the value per coin would be huge. The total market cap might not be any different though.

tacotime

legendary

Activity: 1484

Merit: 1005

Quote from: SyRenity on May 25, 2014, 03:48:30 PM

I read it and frankly still on fence, as QCN (being a clone) seems to worth more then MRO atm?

QCN emission is slowed, so less coins are issued each day. As time goes on, it's more likely that MRO will increase in valuation comparatively (months to years), as MRO reward drops much more quickly.

Although the emissions curve was hotly debated in the beginning, I'm going to guess that it's what ends up making MRO the dominant cryptonote currency in the long term.

So far, issuance of MRO has been nothing but fair: http://monerochain.info/charts/coins

And our hash rate continues to grow exponentially: http://monerochain.info/charts/hashrate

SyRenity

hero member

Activity: 756

Merit: 502

Quote from: damiano on May 25, 2014, 03:46:01 PM

If you guys have missed it take a look

https://bitcointalksearch.org/topic/rpietila-altcoin-observer-624223

I have followed rpietila for a long time and and fact Monero has his stamp of approval is BIG.

I read it and frankly still on fence, as QCN (being a clone) seems to worth more then MRO atm?

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

If you guys have missed it take a look

https://bitcointalksearch.org/topic/rpietila-altcoin-observer-624223

I have followed rpietila for a long time and and fact Monero has his stamp of approval is BIG.

mr_random

legendary

Activity: 1344

Merit: 1001

We should keep a clearly maintained list of enhancements or extras MRO has brought to the cryptonote codebase.

For example the pools. And the GUI that is being worked on.

This helps us compare favourably to BCN in terms of advancing the cryptonote ecosystem.

atleticofa

sr. member

Activity: 406

Merit: 250

This coin is a buy and hold like Bitcoin.

equipoise

hero member

Activity: 794

Merit: 1000

Monero (XMR) - secure, private, untraceable

In windows I'm getting 11% lower hash rate with minerd compared to bitmonerod. I'll continue to solo mine, but if the difficulty double again with my 130 H/s I'll have to switch to pool mining. Is Amazon EC2 mining still profitable? It seems many are mining with Amazon EC2 plan, but now I can't afford to test it for more then 48 hours and maybe I won't find a block in 48 hours. What is the hash rate with Amazon EC2 32 cores?

emontmon

member

Activity: 196

Merit: 10

Quote from: strangewildthing on May 25, 2014, 12:20:21 PM

Quote from: emontmon on May 25, 2014, 12:07:00 PM

for pool mining. what miner is deemed for efficient.
i am familiar with the simpler miner only but is the cpu miner multi better for pool mining and is this the same as minerd.
what is lucas miner thanks

thank you for this. is cpu miner more efficient than simple miner

You can try Lucas Jone's cpuminer v1.0.3 at https://github.com/LucasJones/cpuminer-multi/releases

Then connect to a stratum mining pool like so:

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremehash.com:9999 -u address -p x

thank you
- the link to zone 115 in op does not work
- can lucas cpuminer be included in download link.

also can we get a description of each miner. assistant has a -how to mine thread- perhapse a walk through using each miner is in order

33zer0w0lf

full member

Activity: 224

Merit: 100

Wanted to remind everyone I have removed the pool fee from http://mro.extremepool.org

Come visit and Mine with us!

IRC #extremepool server Freenode.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: dbzenhosting on May 25, 2014, 02:17:45 PM

We need a GUI wallet. Im having so many issues trying to get wallet working. I even tried that GUI wallet it doesn't even save my wallet. I sent some MRO but i don't have that wallet address anymore. It never saved...
I'm using Minergate. Software is great. Just wished there was a good gui wallet.

Where's that pioneer spirit?

This is what it means to be a First Adopter.

tacotime

legendary

Activity: 1484

Merit: 1005

Quote from: ?? on ??

very important changes! i'll be testing Wink

Thanks,
I will try to add a fix for block subsidy today too, which should help the problem with some blocks having very low reward from pools.

dbzenhosting

sr. member

Activity: 301

Merit: 250

We need a GUI wallet. Im having so many issues trying to get wallet working. I even tried that GUI wallet it doesn't even save my wallet. I sent some MRO but i don't have that wallet address anymore. It never saved...
I'm using Minergate. Software is great. Just wished there was a good gui wallet.

Keyboard-Mash

newbie

Activity: 56

Merit: 0

Quote from: smooth on May 25, 2014, 04:24:57 AM

It is definitely a good idea to combine small outputs into larger ones, otherwise it is impossible to ever make payments in larger amounts (the transactions will be too big). Now if you only ever make small payments then I guess keeping the original small outputs is fine. But for larger payments they won't work at all, or will be too large to allow mixing. As far as mixin count to use when doing that, I can't give a good answer, as I haven't looked at the issues that carefully. The tradeoff is how many of these small outputs you can combine in one go. If you can't combine enough, you may need to do multiple steps.

The size of each transaction is dependent only on its immediate sources, not prior transactions that fed into those. So if you have a zillion tiny outputs and combine them into a few larger ones, subsequent transactions are not affected at all by the previous tiny outputs, and will be quite small.

Thanks, I'll stick to these guidelines when I send transactions from now on.

Quote from: monero on May 25, 2014, 09:25:07 AM

Update: 2014/05/25

The Monero team is happy to announce that we will be sponsoring development on the I2P project with a view to baking I2P support in to Monero!

Thanks for the great news! Do you have any reliable literature you (or anyone) would like to share regarding i2p and what it is/does? Wikipedia only goes so far, so I think it would be nice to see if you have anything educational (even technical is great) that you would like to share so what we can understand what this is?

strangewildthing

newbie

Activity: 28

Merit: 0

https://i.imgur.com/ETvdehs.jpg

Get 10% Mining Bonus
when you mine at http://www.extremehash.com, only for the next 24 hours!

Our pool have been upgraded and now has a stratum port 9999, which you can connect to using

Code:

minerd -a cryptonight -o stratum+tcp://mro.extremehash.com:9999 -u address -p x

superresistant

legendary

Activity: 2156

Merit: 1131