Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 214. (Read 4671951 times)
Small tweak, hashrates kept the same. SUMO made a bigger change, here the hashrates of many cards dropped, my GTX 1060 3GB by about 10%
Is monero changing the algo altogether or it's just a tweak on cryptonight to render asic unusable?
what guys I have just seen the global hash rate start to go down again, i think we have hit the new threshold
wont last much long
when miners mining other coins will see more profitability
they will jump to monero
I just found the profitability of mining ETH and XMR is same now. Both are good for AMD cards.
Boolberries Scratchpad, including the SSD into the mining. Base principle to add SSD, GPU, CPU into the hashing process. If some entitiy manages to create some ASIC brick including all these components, they basically have rebuilt the PC.
And hence no advantage with net loss.
Disclosure: I have a personal Agenda, like in making money, doing crypto, something I can call out on my own. You seem pretty pissed by these recent events? That's just average, most probably nobody was amused.
Correct, this was foreseen many years ago and should have been ready to go. It's not that I care about the price that much as I hold very little it's that because of this the security of the chain has been weakened.
It should have been announced and immediately added at various points just to stop anyone from believing they could profit from it and as it so happens they did profit so it was worth it so they will do it again. Just like bankers will continue to defraud people because they are rewarded for it.
Disclaimer: If I make money here good but it is not my reason for being here. My time is worth much more than what I acquire on these forums.
ASICS kill botnets, as has been seen on Bitcoin.
Botnets have to get differentiated into two branches, the classical ones and javascript powered miners that run inside a browser window.
Since ASICS got killed for at least the next several monthes, isn't it the right time to advertise browser mining somewhat more?
It's advertising bussiness (site visitors reek revenue for the site), just people don't get their screen cluttered with advertisements for stuff they never intend to even buy.
Two drawbacks. Advertisements can (possible) reek in an unlimited revenue, whereas browser mining is severely (hard) capped. Classical botnets are competitors who just might reap the bigger slice of the pie.
Botnets have to get differentiated into two branches, the classical ones and javascript powered miners that run inside a browser window.
Since ASICS got killed for at least the next several monthes, isn't it the right time to advertise browser mining somewhat more?
It's advertising bussiness (site visitors reek revenue for the site), just people don't get their screen cluttered with advertisements for stuff they never intend to even buy.
Two drawbacks. Advertisements can (possible) reek in an unlimited revenue, whereas browser mining is severely (hard) capped. Classical botnets are competitors who just might reap the bigger slice of the pie.
Shouldn't it be, at least theoretically, possible to make a hashing algorithm for which a standard PC is its ASIC? Maybe we will get there one day. Or maybe new algorithms will be developed that get closer and closer every year.
Yes and was about to post how until I realized I am keeping that info to myself. Lol 
Boolberries Scratchpad, including the SSD into the mining. Base principle to add SSD, GPU, CPU into the hashing process. If some entitiy manages to create some ASIC brick including all these components, they basically have rebuilt the PC.
Nope, actually no clue. Got woken up by these recent events, now looking for information details. Everything looked nice and fluffy a month ago, and these forks hadn't been announced anywhere. Or did they do beforehand, somebody got a link maybe?
Ethereum "classic" coming as the best reference for POW chain forks that did not expire in a short timespan. Take a comparison look at Bitcoin Gold.
Are they running GPUs, that's a bigger concern - none of the video footage I've ever seen merely hinted upon motherboard wirings and GPU setups. Pictures of single rigs, hobbyist style, do exist. Sometimes even shelfes, garage sized. But not inside that country, not that scale.
They could have afforded to invest into the very same type of technology as their average competition does, as a "just in case" investment. But some depictured would have leaked. Can a secret of that scale stay unveiled?
Ideally, traditional GPU miners should look out for their own supply chain of asic manufactoring. An open source design chip, similar for SHA hashing has been tried. To level the field. There's the crux, this seems to be impossible.
Is "3 years" development and production time somehow observable in this case? Hashrate history diagrams show the timespan of mining gear in productivity, but not their total time of existance.
More serious, drop in hashrate depicts their fair share of coin supply so far, timespan * hashrate-share * emission, and these numbers are just horrible. Nothings as in even distribution does exist if a single entity rapes a XX% (upper double digits) share. How would the resulting rage dump figure out, if somebody spoiled their game?
Conclusion: This is the right time to start mining Monero. And the day to dump all cold store was some days ago. Buying back in is ? weeks ahead from today. Bear with it!
Disclosure: I have a personal Agenda, like in making money, doing crypto, something I can call out on my own. You seem pretty pissed by these recent events? That's just average, most probably nobody was amused.
Which did not lasted all to long. It seems each and every algo is ASICifyable, a company in possession of these capabilities will for sure dominate the whole crypto bussiness until PoS replaces POW.
A PoS fork of monero would be interesting, especially for botnet operators?
A PoS fork of monero would be interesting, especially for botnet operators?
Shouldn't it be, at least theoretically, possible to make a hashing algorithm for which a standard PC is its ASIC? Maybe we will get there one day. Or maybe new algorithms will be developed that get closer and closer every year.
Yes and was about to post how until I realized I am keeping that info to myself. Lol
Basically an asic is just what it says Application Specific, so in other words it is a stripped down cpu that just has the
Monero is a bright future coin
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses
A user needs client software, a so-called wallet, to interact with the Monero network. The Monero Project produces the reference implementation of a Monero wallet and there are also third party implementations of Monero clients exist such as Monerujo which also make it possible to use Monero on Android.
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses
A user needs client software, a so-called wallet, to interact with the Monero network. The Monero Project produces the reference implementation of a Monero wallet and there are also third party implementations of Monero clients exist such as Monerujo which also make it possible to use Monero on Android.
when sliding first they must have more network that qualified, therefore monero very easy when do project continuously in this time
what guys I have just seen the global hash rate start to go down again, i think we have hit the new threshold
wont last much long
when miners mining other coins will see more profitability
they will jump to monero
Which did not lasted all to long. It seems each and every algo is ASICifyable, a company in possession of these capabilities will for sure dominate the whole crypto bussiness until PoS replaces POW.
A PoS fork of monero would be interesting, especially for botnet operators?
A PoS fork of monero would be interesting, especially for botnet operators?
Shouldn't it be, at least theoretically, possible to make a hashing algorithm for which a standard PC is its ASIC? Maybe we will get there one day. Or maybe new algorithms will be developed that get closer and closer every year.
Monero is a bright future coin
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses
A user needs client software, a so-called wallet, to interact with the Monero network. The Monero Project produces the reference implementation of a Monero wallet and there are also third party implementations of Monero clients exist such as Monerujo which also make it possible to use Monero on Android.
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses
A user needs client software, a so-called wallet, to interact with the Monero network. The Monero Project produces the reference implementation of a Monero wallet and there are also third party implementations of Monero clients exist such as Monerujo which also make it possible to use Monero on Android.
I wonder where that unknown 16% (80 MH) is coming from? oO
Some big eth miner jumping ship.
I wonder where that unknown 16% (80 MH) is coming from? oO
what guys I have just seen the global hash rate start to go down again, i think we have hit the new threshold
Scypt was the first to thwart ASIC's. 
Which did not lasted all to long. It seems each and every algo is ASICifyable, a company in possession of these capabilities will for sure dominate the whole crypto bussiness until PoS replaces POW.
YEAH, Only about 3 years when the scams started showing that ripped everyone off and then the real ones hit the market. that is a eternity in this game. LTC started in 2011.
What is keeping the ASIC price/distribution so prohibitive? I would think the necessity of cheaper versions of these machines in the long-run for PoW survival would’ve incentivized more competition by now. If someone doesn’t come up with a way to break Bitmain’s monopoly soon, PoS is going to exploit this situation and become dominant. I agree the slash-and-burn strategy is the most effective method for now, but eventually you have to open up a supply line and go on offense.
PoS dominancy could originate from ETH miners switching over to XMR one day. As a niche segment the last die hard POW coin project could have a significant lifetime left, still.
On a long enough timeline ... but who can do forecasts lasting 2 monthes in crypto, right?
And this directly conflicts with your first statement, you can't have 2 diametrically opposed views in consecutive posts and expect to be taken seriousley. 2 months is a long time yet 3 to 4 years is not?? WTF are you talking about. You sound like a person with an Agenda and thats gonna get called out real fast here.
What is keeping the ASIC price/distribution so prohibitive? I would think the necessity of cheaper versions of these machines in the long-run for PoW survival would’ve incentivized more competition by now. If someone doesn’t come up with a way to break Bitmain’s monopoly soon, PoS is going to exploit this situation and become dominant. I agree the slash-and-burn strategy is the most effective method for now, but eventually you have to open up a supply line and go on offense.
PoS dominancy could originate from ETH miners switching over to XMR one day. As a niche segment the last die hard POW coin project could have a significant lifetime left, still.
On a long enough timeline ... but who can do forecasts lasting 2 monthes in crypto, right?
Scypt was the first to thwart ASIC's.
Which did not lasted all to long. It seems each and every algo is ASICifyable, a company in possession of these capabilities will for sure dominate the whole crypto bussiness until PoS replaces POW.
A PoS fork of monero would be interesting, especially for botnet operators?
Here's some Shots of Bitmains compound. The sheer scale is sick.
According to my memory, watched some interview on youtube long ago, one of these was dedicated Scrypt which made me wonder if scrypt-ASICs only, since at that point in time these didn't dominated the reseller market, has all been GPUs.
Probably 1/8 of these buildings only GPU, 7/8 only Bitcoin, on that picture.
To my knowledge they mined BTC and LTC as a sort of hedge. Influenced my investment strategy, horted 1 LTC along each BTC, too.
Now digging out Ethereum "Classic" how well they did overall, there has been classic conferences and stuff, it's even been mentioned inside Vitalik's last twitter live stream https://twitter.com/VitalikButerin/status/981099888044777472
Hedging each classic variant along with the work-in-progress "original" ? Seems sane to do so.
https://monerohash.com/nodes-distribution.html stilll indicating ~2700 nodes. Their hash rate indication has been out of whack for many months, but now appears to be on target at ~400MH/s? Bye bye ASICs 
I haven't been able to keep tabs well while traveling, but I did manage to contribute my meager laptop to the hash rate for the first 12 hours after the fork. Good to see the stabilization since that (last contact) point. Overall, it looks like less drama than I anticipated after those first hours. Good stuff.
I haven't been able to keep tabs well while traveling, but I did manage to contribute my meager laptop to the hash rate for the first 12 hours after the fork. Good to see the stabilization since that (last contact) point. Overall, it looks like less drama than I anticipated after those first hours. Good stuff.
I'm looking forward to a comprehensive analysis of the pool dynamics after the dust settles, I hope the pool operators will give up some raw numbers for this. I also threw some machines on it for the fork but my old hardware isn't what it used to be and my meter spun like a top (I think it's .18 a watt here). I stopped last night when the pool just started rejecting all my shares, I think I was almost up to a Dollar!
Can someone please explain this article to me? It says there are 4 different Moneros now. Which one does the original dev team support?
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/
The new v12 wallet release and that is the ones on all the exchanges. Get it from Git or Getmonero.org
So far Monero, Sumokoin and Stellite have changed Algo. IPBC is doing it in less then a week. They opted for a heavily changed algo which should be even harder to crack that Sumokoin one.
What is IPBC? Link? BTW, not looking for a sales pitch just the link.
Hi guys,
Please recommend a XMC pool, THX!
Please recommend a XMC pool, THX!
This is the Monero thread, not the XMC thread
So far Monero, Sumokoin and Stellite have changed Algo. IPBC is doing it in less then a week. They opted for a heavily changed algo which should be even harder to crack that Sumokoin one.
Is IPBC just increasing the scratchpad size? I don't think that'd help things, we saw with the Balkai ASIC that it didn't seem to change much (the Balkai could do CryptoNight and CryptoNight-Lite)
They will increase the size yes. But I think they are also changing some others things. That is why its taking them long. They wan't to do the best algo change out of all Cryponight coins. I think that is very good, but we will see. I really like the IPBC project.
Otherwise I bow down to Monero devs and community for sticking it up the ass for ASICs. Monero gained a lot of reputation in my eyes.
I second demotion i will support any coin that fights asic unless they are from scrypt or sha256. I think asic should stick to those algo. Kudos to monero team and monero community for choosing to stay as decentralized as possible.
Scypt was the first to thwart ASIC's.
Here's some Shots of Bitmains compound. The sheer scale is sick.
https://qz.com/1055126/photos-china-has-one-of-worlds-largest-bitcoin-mines/
BTW their electric is all generated by coal.
https://monerohash.com/nodes-distribution.html stilll indicating ~2700 nodes. Their hash rate indication has been out of whack for many months, but now appears to be on target at ~400MH/s? Bye bye ASICs
I haven't been able to keep tabs well while traveling, but I did manage to contribute my meager laptop to the hash rate for the first 12 hours after the fork. Good to see the stabilization since that (last contact) point. Overall, it looks like less drama than I anticipated after those first hours. Good stuff.
I haven't been able to keep tabs well while traveling, but I did manage to contribute my meager laptop to the hash rate for the first 12 hours after the fork. Good to see the stabilization since that (last contact) point. Overall, it looks like less drama than I anticipated after those first hours. Good stuff.
I'm looking forward to a comprehensive analysis of the pool dynamics after the dust settles, I hope the pool operators will give up some raw numbers for this. I also threw some machines on it for the fork but my old hardware isn't what it used to be and my meter spun like a top (I think it's .18 a watt here). I stopped last night when the pool just started rejecting all my shares, I think I was almost up to a Dollar!
Can someone please explain this article to me? It says there are 4 different Moneros now. Which one does the original dev team support?
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/
https://news.bitcoin.com/privacy-coin-xmr-splits-into-four-different-monero-protocols/
The new v12 wallet release and that is the ones on all the exchanges. Get it from Git or Getmonero.org
So far Monero, Sumokoin and Stellite have changed Algo. IPBC is doing it in less then a week. They opted for a heavily changed algo which should be even harder to crack that Sumokoin one.
What is IPBC? Link? BTW, not looking for a sales pitch just the link.
I have been taking a shot at one as an afterthought.. be that as it may, not done.. still parcels to do..
i'm certain somebody will open a pool soon enough.
i'm certain somebody will open a pool soon enough.
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