Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 2016. (Read 4670972 times)

Does anyone can compile this "https://github.com/LucasJones/cpuminer-multi"
as a windows binary to help us?
I have no experience in the compiler.
Thank you in advance.

A new pool is coming soon.

good idea smooth, I will do just that.

I'd suggest 24 hours, to at least give people in every time zone a chance to see it.

I can wait longer if it will make everyone happy.

Extremepool.org will be switching to a 2% fee to cover things like TX fee's and other Misc. Fees.
I have chatted with several miners and all agree this is not a problem.  

This change will be implemented in a few hours.

You are correct, as long as 60 blocks are found on top of our block, the mined MRO will be unlocked and payments go out.

you don't have to be the one to find all 60 blocks, the network does.

Why would you have to be the one to find all 60 of the blocks> I thought as long as 60 blocks were found by ANYONE then the transaction would be confirmed...

That doesn't make sense when you can see your own hashrate go up.

My guess - some miners out there with large farms or cloud computing instances already optimized their miner (these are naturally the types who would know how to optimize). Up until now they dedicated a large number of CPUs to it. With 5x the MRO mined for the same electricity, their return was great. When an optimized miner was released, they reduced the number of CPUs dedicated to MRO (or just stopped mining altogether). Thus we see a roughly constant or maybe even decreasing hashrate as these two opposing trends cancel.

It should also be noted that the network hashrate was ~300 kH/s before we said an optimized miner was coming. That shot up to 700 kH/s within 24 hours (when the miner still was being tested and wasn't released). This suggests they wanted to gather more MRO (for hoarding or dumping) before they were back on equal footing with everyone else.

This is why we bother with optimization at all. After all, if everyone's hashrate goes up proportionally, no one is gaining any more coins than they used to. But we need to optimize to prevent unfairness from private optimizations. This is no different from what Bitcoin went through and still goes through on a monthly basis (because of constantly improving ASICs, which a few people have access to before anyone else). As for why this code is so unoptimized in the first place, you can go ask the Bytecoin developers. It may have been deliberate. It may not have been. I don't know. Just be glad we have Noodle.

Bottom line is that our network still only corresponds to ~7,000 modern quad-core CPUs. Believe me, that's not a lot. There are plenty of people who could easily whip up that many CPUs by themselves and do so legally (or at least discreetly). An easy example is server admins who could dedicate unused clock cycles to mining. Save the conspiracy theories for when we're at over 100,000 CPUs.

what does COMMAND HANDSHAKE INVOKED OK mean?

Ultimately people who blatantly distort the market through greed will be hurting their own returns as they will scare off the user base that they seek to profit from before it even develops. We'll have to see how it plays out in the end.

The usage of the new URL will be enforced by tomorrow. moneropool.org and www.moneropool.org will resolve to a separate server.

Port 80 will be opened for mining on mine.moneropool.org after the change.

If this was considered a scam, Bitcoin would also have to be considered a scam, as people have mined it with optimized miners, private GPU miners, etc. Besides, this code is left over from the Bytecoin codebase. If anyone de-optimized the miner it was the Bytecoin devs.

It could be a new kind of scam. Low performance miner - to all, hi-performance miner  - to limited number.
I can be wrong, I accuse nobody.

It's on github and in the OP.

where to get the new miner?

5x optimized miner released, network hashrate decreases by 10%

Make your own conclusions. :|

Hi guys, how can i specify teh number od threads in the simpleminer?, i'm mining in the pool