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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 2030. (Read 4671113 times)

legendary
Activity: 1428
Merit: 1001
getmonero.org
Number of MRO in existence so far?

Around 740000. I multiply number of blocks which is almost 43000 with an avergae block payout which i put 17.2.
Thanks! That means the Monero marketcap is around $300,000 as of now

And Dark Coin's is $25 Million, so a lot of potential here.

And remember that CN coins anonymity doesn't rely on master nodes so it is better than darkcoin. i cant see a reason why monero cant also be in the millions once news of it are spread Smiley Though we still need a nice GUI and pools.
dga
hero member
Activity: 737
Merit: 511
i'm also waitting for a optimized cpu minning tool, it seems that somebody has that version, now it's unfair for vs whice use the old tool~~

Why would you do that when mining with the existing miner is still very profitable? (And I would add does not risk wasting your time mining unspendable coins or other problems, as happened to people using another too-hastily-released mining tool.) Testing is good. Be patient.



I mined with 4x Core i7 3770 for four days straight and didn't find a block. doesn't seem profitable to me. was I just unlucky?

What was your hash rate?  Here's the computation for my i7-4770, which gets roughly 25 hashes/sec (I'm not at it now):

blocks/day = (86400*hashes/sec) / diff

Diff *now* is really high, but yesterday it was around 16,000,000, so:

  86400*25/16000000 = 0.135

Which means that it should find a block every 1/0.135 = 7.4 days.  Your 3770s are probably similar, so with 4 of them, you should find a block every 2 days or so.  You could have been unlucky or maybe I over-estimated the hash rate you were getting.

With diff at 35m, you'll get a block every 4 days.  I'd probably move to a pool, because while you should be getting 4-5 MRO per day from your setup, it'll be very bursty.

Huh? I have an i7-4770K, and I get ~35h/s. And I'm only using 6 threads, so I don't lock up the system if I try to compile something.

The K is a bit faster than the 4770 for this one, based on comparing notes with some other people.  I was guessing from memory - it probably gets more like 29.
member
Activity: 110
Merit: 10
Number of MRO in existence so far?

Around 740000. I multiply number of blocks which is almost 43000 with an avergae block payout which i put 17.2.
Thanks! That means the Monero marketcap is around $300,000 as of now

And Dark Coin's is $25 Million, so a lot of potential here.
sr. member
Activity: 406
Merit: 250
Number of MRO in existence so far?

Around 740000. I multiply number of blocks which is almost 43000 with an avergae block payout which i put 17.2.
Thanks! That means the Monero marketcap is around $300,000 as of now
full member
Activity: 122
Merit: 100
i'm also waitting for a optimized cpu minning tool, it seems that somebody has that version, now it's unfair for vs whice use the old tool~~

Why would you do that when mining with the existing miner is still very profitable? (And I would add does not risk wasting your time mining unspendable coins or other problems, as happened to people using another too-hastily-released mining tool.) Testing is good. Be patient.



I mined with 4x Core i7 3770 for four days straight and didn't find a block. doesn't seem profitable to me. was I just unlucky?

so do i , i didn't find any block these days, maybe more than 3 days,
legendary
Activity: 1428
Merit: 1001
getmonero.org
Number of MRO in existence so far?

Around 740000. I multiply number of blocks which is almost 43000 with an avergae block payout which i put 17.2. Block reward started at 17.5 i think and is now at 16.89.
sr. member
Activity: 406
Merit: 250
Number of MRO in existence so far?
legendary
Activity: 1288
Merit: 1000
If you would like to know your balance on http://198.199.79.100/ (moneropool.org), please PM me with your Monero address.
Hi,
What is the payout threshold?
hero member
Activity: 560
Merit: 500
Noodle is doing some final tests on Windows and will begin testing on Linux. He expects hashrate should increase across all architectures. I can confirm a 5x increase on an i7 quad-core + Windows 7 64-bit.

Please be patient. These are actual changes to the program, not just a switch that gets flicked on. It needs testing.
sr. member
Activity: 450
Merit: 250
2014-May-16 20:55:38.936392 ERROR C:\Temp\bytecoin\git\bitmonero-master\contrib\epee\include\storages/http_abstract_invoke.h:112 RPC call of "getjob" returned error: -1, message: Unauthenticated
2014-May-16 20:55:38.955394 Can't get new job! Disconnect and sleep....

This is one reason I recommend just be patient and solo mine if you are a small scale miner. You avoid all problems with pools, not just integrity and hacks, but also one more layer of bugs on top of the coin software itself.

(Your hash rate is likely zero at this point.)

With that said, I may launch a pool for Monero once the pool software is reliable enough for me to recommend it. It will have some features that are unique anywhere in the crypto space. If you want an invite send me a PM with "pool invite" in the subject.



lol. that makes sense. I was testing it on a 10 year old shitty laptop. I'll point my i7's at this pool tomorrow and give it another go.
member
Activity: 93
Merit: 10
I will close the Giveaway at 01:00 UST.

So get your free MRO today, before it's too late. Reddit thread
hero member
Activity: 560
Merit: 500
Bittrex is considering adding BCN (https://twitter.com/BittrexExchange/status/466682497544122368). Contact them about adding Monero. The more people that contact, the better.
legendary
Activity: 2968
Merit: 1198
2014-May-16 20:55:38.936392 ERROR C:\Temp\bytecoin\git\bitmonero-master\contrib\epee\include\storages/http_abstract_invoke.h:112 RPC call of "getjob" returned error: -1, message: Unauthenticated
2014-May-16 20:55:38.955394 Can't get new job! Disconnect and sleep....

This is one reason I recommend just be patient and solo mine if you are a small scale miner. You avoid all problems with pools, not just integrity and hacks, but also one more layer of bugs on top of the coin software itself.

(Your hash rate is likely zero at this point.)

With that said, I may launch a pool for Monero once the pool software is reliable enough for me to recommend it. It will have some features that are unique anywhere in the crypto space. If you want an invite send me a PM with "pool invite" in the subject.

sr. member
Activity: 450
Merit: 250
why is this shit so hard to use? it's not much better than a premine if no fucker can use it because the relevant tools and info, are all too scattered and inaccessible.

You should persist. Instructions here are quite straightforward: http://www.monero.cc/

It's a new type of coin. Not a clone of bitcoin. So, it needs developed. You could just be glad you have the chance to get in early  Roll Eyes
member
Activity: 140
Merit: 12
why is this shit so hard to use? it's not much better than a premine if no fucker can use it because the relevant tools and info, are all too scattered and inaccessible.

Because, unlike almost every other altcoin out there, this isn't just a copy/paste clone that already has all the tools/infrastructure built up around it. People are going to actually have to build things from scratch. This is the very reason why this coin will stand out amongst a sea of crap--it's different.

Is it hard to use? Yes, it isn't exactly easy. But some genius programmer will probably decide to solve the problem and then we'll get a proper miner. We just need to give it time. This isn't a pump/dump, but rather something that will actually provide benefit to the users once it is more robust.
legendary
Activity: 1428
Merit: 1001
getmonero.org
why is this shit so hard to use? it's not much better than a premine if no fucker can use it because the relevant tools and info, are all too scattered and inaccessible.

well you can try and read the OP and monero.cc guides to find out or you can always try better coins like Pandacoin, ComedyGoldcoin, Fuckcoin, Kumacoin, Failcoin and the rest if that suits you better.

P.S. try to maybe ask a question of what you dont understnad here or on IRC...
newbie
Activity: 58
Merit: 0
New Pool up...
http://extremepool.org

let me know what you think

has potential! I get the following error after a couple minutes:

2014-May-16 20:55:35.570200 READ ENDS: Success. bytes_tr: 216
2014-May-16 20:55:35.583201 -->>http_stream_filter::parse_cached_header(*)
2014-May-16 20:55:35.596201 <<--http_stream_filter::parse_cached_header(*)
2014-May-16 20:55:35.606202 Job didn't change
2014-May-16 20:55:36.066228 Share found: nonce=ad000000 for job=758519820077344, submitting...
2014-May-16 20:55:37.075286 Timed out socket
2014-May-16 20:55:37.087287 READ ENDS: Connection err_code 1236
2014-May-16 20:55:37.101287 Problems at read: The network connection was aborted by the local system
2014-May-16 20:55:37.111288 Unexpected reciec fail
2014-May-16 20:55:37.118288 Returning false because of wrong state machine. state: 5
2014-May-16 20:55:37.128289 Failed to invoke http request to  /
2014-May-16 20:55:37.133289 Failed to submit share! disconnect and sleep....
2014-May-16 20:55:38.140347 Getting next job...
2014-May-16 20:55:38.150347 Reconnecting...
2014-May-16 20:55:38.902391 READ ENDS: Success. bytes_tr: 206
2014-May-16 20:55:38.915391 -->>http_stream_filter::parse_cached_header(*)
2014-May-16 20:55:38.928392 <<--http_stream_filter::parse_cached_header(*)
2014-May-16 20:55:38.936392 ERROR C:\Temp\bytecoin\git\bitmonero-master\contrib\epee\include\storages/http_abstract_invoke.h:112 RPC call of "getjob" returned error: -1, message: Unauthenticated
2014-May-16 20:55:38.955394 Can't get new job! Disconnect and sleep....
Hmm... I've mining there for almost two hours with no issues
full member
Activity: 200
Merit: 100
why is this shit so hard to use? it's not much better than a premine if no fucker can use it because the relevant tools and info, are all too scattered and inaccessible.
sr. member
Activity: 450
Merit: 250
New Pool up...
http://extremepool.org

let me know what you think

has potential! I get the following error after a couple minutes:

2014-May-16 20:55:35.570200 READ ENDS: Success. bytes_tr: 216
2014-May-16 20:55:35.583201 -->>http_stream_filter::parse_cached_header(*)
2014-May-16 20:55:35.596201 <<--http_stream_filter::parse_cached_header(*)
2014-May-16 20:55:35.606202 Job didn't change
2014-May-16 20:55:36.066228 Share found: nonce=ad000000 for job=758519820077344, submitting...
2014-May-16 20:55:37.075286 Timed out socket
2014-May-16 20:55:37.087287 READ ENDS: Connection err_code 1236
2014-May-16 20:55:37.101287 Problems at read: The network connection was aborted by the local system
2014-May-16 20:55:37.111288 Unexpected reciec fail
2014-May-16 20:55:37.118288 Returning false because of wrong state machine. state: 5
2014-May-16 20:55:37.128289 Failed to invoke http request to  /
2014-May-16 20:55:37.133289 Failed to submit share! disconnect and sleep....
2014-May-16 20:55:38.140347 Getting next job...
2014-May-16 20:55:38.150347 Reconnecting...
2014-May-16 20:55:38.902391 READ ENDS: Success. bytes_tr: 206
2014-May-16 20:55:38.915391 -->>http_stream_filter::parse_cached_header(*)
2014-May-16 20:55:38.928392 <<--http_stream_filter::parse_cached_header(*)
2014-May-16 20:55:38.936392 ERROR C:\Temp\bytecoin\git\bitmonero-master\contrib\epee\include\storages/http_abstract_invoke.h:112 RPC call of "getjob" returned error: -1, message: Unauthenticated
2014-May-16 20:55:38.955394 Can't get new job! Disconnect and sleep....
legendary
Activity: 2968
Merit: 1198
i'm also waitting for a optimized cpu minning tool, it seems that somebody has that version, now it's unfair for vs whice use the old tool~~

Why would you do that when mining with the existing miner is still very profitable? (And I would add does not risk wasting your time mining unspendable coins or other problems, as happened to people using another too-hastily-released mining tool.) Testing is good. Be patient.



I mined with 4x Core i7 3770 for four days straight and didn't find a block. doesn't seem profitable to me. was I just unlucky?

Of course. No calculations required even. If you get no blocks, that is always below expectation. If you get some blocks, then you need to look at actual numbers to figure out luck. If you don't want to be patient, use a pool. I recommend that small scale miners just be patient though, and avoid possible issues with pool integrity and efficiency. If you expect to get 2 coins per day, that around $1. Whether you get that dollar or not (or get more) is unlikely to make or break you. Large scale miners can solo mine. It's the guys in the middle who really need pools.


 

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