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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 215. (Read 4671910 times)

legendary
Activity: 1722
Merit: 1217
After the hard fork, ASICS should be out of the race. But fighting centralisation would also mean kicking botnets out. Do you have any plans for changing the algorithm in a way that botnet mining will become obsolete?

CPU's aren't that efficient. Unless it's an absolutely massive botnet I think we can just think of the operator as another miner. Further he is a miner who is bringing hashing power online that almost certainly wouldn't have been used to secure the network otherwise like your grandmas pentium and your uncles toaster. Asics make real decentralized miners unable to compete in a way that I don't think botnets do. Point is, I don't mind botnet miners. They are going to go somewhere. They are going to point their hashing power at something. I would rather it be us.

Also it isn't clear that there is anything that could be done about that. It would be a very taxing never ending arms race at best. Tweaking the hashing algo every 6 months is something of a never ending arms race, but it's not taxing in that way, it's pretty simple really.
sr. member
Activity: 490
Merit: 278
If the plan for at least the short term is to fork every 6 months to change mining algorithms. Couldnt a group of colluding developers pick the new algo months in advance and create their own asics or leak the algo to bitmain in advance in exchange for money?

Then when the new algo goes live they can fire up their new pre built asics and attack the network and/or just mine away and take all the profit from new blocks?
sr. member
Activity: 490
Merit: 266
newbie
Activity: 14
Merit: 0

Hello,can anybody drop to me info about Bitcore?
member
Activity: 140
Merit: 10
After the hard fork, ASICS should be out of the race. But fighting centralisation would also mean kicking botnets out. Do you have any plans for changing the algorithm in a way that botnet mining will become obsolete?
jr. member
Activity: 126
Merit: 1
Monero (XMR) is now more profitable to mine than Ethereum due to the latest hard-fork!

https://bestcrypto.tv/506/monero-hard-fork-monero-classic-original-and-more-free-coins/
full member
Activity: 343
Merit: 102
I'm sticking with it no matter.  The mining payouts have been pretty dismal though.  Expected much better when difficulty and hash dropped by 3/4.

6000 kh/s and I've made about 0.135 monero in 3 days.  Bloody awful.

Mining was less on the early hours of the 1st day after the fork. But by mid day it was doing well. as it approach near the 720 blocks profit was better than the usual coins we mine. Now there is an equilibrium. Eth and Monero almost same profit if you factor in electricity cost.
full member
Activity: 343
Merit: 102
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/

HMR is Monero. the rest are just trying to profit from the monero name. Seems like monero is getting as poplar as BTC or litecoin to get lots of forks...lol
And dont believe anything about bitcoin.com specially anything related to BTC or Monero forks. It is controlled by BCH supporters and Bitmain supporters
member
Activity: 392
Merit: 11
I think in the future, this is the only anonymous coin that will have such tremendous community support and greater capitalization
legendary
Activity: 1624
Merit: 1008
Hey guyz i'm trying to mine xmr but xmrstak says tls_secure_algo false i dunno how to . can anyone tell me the right inputs for xmrstak, i have gtx1080ti and xeon e3 v1240 but i think cpu mining is not recommedded for this one. but how to mine with gtx? i'm trying to get connected to mineXMR.com or is this wrong place? Sorry i'm newbie


You need to upgrade to at least 2.3 and for the algo choose monero7

Also all your old configs won't work so just put the new version in a new folder or just delete the old version first
legendary
Activity: 2968
Merit: 1198
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/

There Can Be Only One.  XMR is still XMR.  Anything else is a fraud or a joke at this point.

Original members of the team are still working on Monero?

I'm not aware of any Monero team members who have left to work on any of these forks.

Since 2014 some team members have left for various reasons and some have joined but I think that was not what you were asking.
legendary
Activity: 2212
Merit: 1038
I'm sticking with it no matter.  The mining payouts have been pretty dismal though.  Expected much better when difficulty and hash dropped by 3/4.

6000 kh/s and I've made about 0.135 monero in 3 days.  Bloody awful.

Here are the current stats for one of my modded RX580s from whattomine.com:





I can confirm I've made more than I would mining ETH using less power.
member
Activity: 294
Merit: 16
I'm sticking with it no matter.  The mining payouts have been pretty dismal though.  Expected much better when difficulty and hash dropped by 3/4.

6000 kh/s and I've made about 0.135 monero in 3 days.  Bloody awful.
member
Activity: 122
Merit: 12
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/

There Can Be Only One.  XMR is still XMR.  Anything else is a fraud or a joke at this point.

Original members of the team are still working on Monero?
sr. member
Activity: 490
Merit: 278
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.
legendary
Activity: 2744
Merit: 1288
Already close to 300 mh/s and climbing fast.  Difficulty 35,651,679,881.

I hope it stabilizes soon.  It may see a spike while nicehash and everyone else decides to stick their rigs on it.

If it is best to mine crypto, many small miners will join in upcoming days and weeks.  Difficulty will go close to the one that it was. Well always depends on the price.  If price of Bitcoin with Monero will keep decreasing then hash rate will stop grow soon.
legendary
Activity: 2702
Merit: 2053
Free spirit
Nice to see that Monero and many other Cryptonight coins have changed there algo

Many others? oh pray tell




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.

Hurrah for them. Power to the people!

legendary
Activity: 2016
Merit: 1259
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/

There Can Be Only One.  XMR is still XMR.  Anything else is a fraud or a joke at this point.
legendary
Activity: 1638
Merit: 1013
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/
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