Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 448. (Read 4671497 times)

Forgive me for asking here, but I can't see any reference to this on other Monero threads or stack exchange for an issue I have.

The Mac OSX download for the GUI on Get Monero fails - tried three times and it only 'part' downloads.

Are there other links for getting it, or has anyone had the same problem?

Monerod only has CPU-miner built in. The wolf-xmr-miner is AMD/OpenCL, the ccminer is CUDA. No Pascal specialization.

Thanks for the link. Interesting stats.

I wasn't really suggesting that cooperative mining be introduced to Monero per se and hardforking it in the process late at this stage. It was just a reaction to the current development of a solo/pool mining feature in GUI which is in a similar vein as what has been in my mind all along that developed into a sort of thought experiment and wanted to explore the possibility of such a concept (co-op mining implementation). It would be exciting to see it implemented in a newly launched coin, even if it's just for a PoC that it is indeed "pool-proof" and therefore ultimately decentralized.

So, your two mods fully support Nvidea cards ? Which Cuda version do they use , and are they Pascal ready ... specialised ?
Monerod also supports Nvidea / cuda ?

Some perspective:
https://www.nngroup.com/articles/computer-skill-levels/

I also don't think there's anyway to setup cooperative mining. p2pool is the best option available for decentralized sharing of mining rewards. If you have some radically different implementation, it probably needs to be launched/tested on a different coin.

Yes. A paradigm shift from a competitive/gambling block reward model to a distributed or more accurately, a "cooperative" model. The nature or principle of Monero and other similar cryptocurrencies is unmistakably egalitarian in itself (all nodes are equal). So why not adopt the same principle in its mining reward implementation?

I meant GUI-simple. Some of us gets horrified at the sight of a CLI window and I bet the majority of the "mainstream" population would feel or react similarly. So I was actually reiterating, acknowledging and being appreciative of the fact that a solo mining feature is currently being worked on in the Monero Wallet GUI though I am not too keen on the pool mining one for reasons already stated above. Isn't "mainstream" adoption the ultimate goal in order for a cryptocurrency to be successful after all?

So then the current block rewards become something based on work performed, not based on some method of luck. This seems like a very good egalitarian voting system, where each vote counts as one that is deserved

I think its the same case today, still not enough hash power to warrant using it.

A solo miner is already built in to monerod. It doesn't get much simpler than that. Both of my patches to Nvidia and AMD miners also support solo mining.

https://github.com/hyc/wolf-xmr-miner
https://github.com/hyc/ccminer-cryptonight

I am not entirely familiar with the inner workings of P2Pool but I remember it could not garner enough hashing power to compete with the big pools back in the day, hence it failed. I also remember its peculiarity of needing a special or customized version/release of certain mining software in conjunction with some mining hardware.  I surmised that it was still subject to Bitcoin's winner-take-all lottery mining reward implementation and therefore still functioned as an "external" mining pool (outside of core/protocol)...still had to compete with other centralized "external" pools for those winner-take-all block rewards to be divvied up among the participants. Is that an accurate assessment on my part? I mean, Bitcoin's block reward rule have not changed since the genesis block as far as I know.

The model that I am thinking of is for a cryptocurrency to have a pool-like block reward distribution in its core/protocol, i.e. based on hashing share of participating "solo" miners instead of the current winner-take-all lottery reward paradigm. Whether it can be technically implemented or not, I do not know as I am not a coder; just a user with a somewhat wild imagination. If it can be technically implemented, the motivation to establish centralized "external" pools would no longer exist then as the block reward is already divvied up according to shares out of the gate or from the get-go.

visdude are you describing p2pool ?

My point is that all cryptocurrencies that I know of adopt the lump-sum/winner-take-all/lottery mining reward paradigm established by Bitcoin to be awarded to a single lucky miner/node that solves a block. Hence, centralized "external" mining pools became necessary to ensure that miners get a piece of that lump-sum reward pie (relative to hashing share) for each block the pool solves instead of waiting for eternity to hit the lottery solo mining.

What if it is technically feasible to code "within" Monero Core (or the protocol if that makes any sense) itself or in any cryptocurrency for that matter to instead distribute such reward to "solo" miners according to shares just like what centralized "external" mining pools are doing now. If this can somehow be implemented, why would there be a need for centralized "external" mining pools? The key is decentralization by taking centralized "external" mining pools totally out of the equation. Is this not what it is all about?

I am just attempting to think outside the box here...as silly as it is. But anything is possible, right? No harm in wishing.

It wouldn't be a 'sort of built-in pool' it would be simply a pool and need running / administering (by a third party).

It is indeed a very interesting discussion. I just think that apart from potential negative ramifications, including a pool mining feature in Monero Core is redundant. People are already pool mining with a whole host of currently available mining software and methods. However, I am not aware of a simple, uncomplicated way to solo mine XMR.

What if the mining reward is changed from the established winner-take-all "lottery" model to a distributed one in which "solo" miners get a piece of the reward according to their hashing share for each block mined -- sort of a built-in pool within Monero Core. In a sense, every "solo" miner is actually participating in pool mining but the mining pool in this case is the network/blockchain/protocol/Monero Core itself. It couldn't get more decentralized than that, thereby taking centralized external mining pools (privately run business enterprises) out of the equation.

I do not know if such a silly notion is even technically feasible but even if it is, I would imagine that it is going to be a daunting endeavor code wise.

Note: I originally posted this silly notion of mine several pages back.

There's actually a more appropriate subforum called Pools (Altcoins).

I am new to Monero and I have a couple of questions I am hoping the community will answer.  I should add I am not new to mining having mined about 15 other currencies over the last 3 years.

I am mining with about 6.2 Kh/s which according to the calculators should net me about .88 XMR per day.   I understand these calculators are just estimates and actual payouts are rarely as much as what the calculators predict but with XMR I am only getting about .56 XMR per day.   Even after adjusting for Claymore's fee and the pool fee I am getting about 66% of the estimate.  In my own experience this is an extremely low percentage.  I have tried 2 different pools, moneropool.com and monerohash.com with about the same result.

My first question, is this typical when mining XMR?

My second question, are there pools that are better than the two I have tried?

At the end of the day, the payout is all that matters in terms of profitability.  Normally if a pool pays out less than 80% of the estimate, I switch pools or I mine something else.  Monero is profitable for me at around .88 or even .8 XMR per day, but ETH and ZEC are far more profitable for me if I can expect only .56 XMR per day.

That's a good discussion on git, here was my recommendation.

Please, forget minergate. If you have multiple rigs, it's quite easy to manage them via a local proxy. HAproxy is easy to set up and you can easily configure your pool/backup centrally. I did an example setup for one of my miners managing 30 rigs and he left dwarf behind without looking back

http://imgur.com/a/wrPw6 here's some example config I hacked together...

You could also easily use the csv status output of the status page to monitor if all of your miners are connected. Further, grep the client IPs from the haproxy.log to identify which miners are online and build your own custom monitoring with zabbix or nagios... endless possibilities

I agree. The fighting like little bitches needs to stop. This is a mature coin and deserves a mature audience. Not a kindergarten audience.