yeah. most people don't mine monero for profit now. they mine to hold. Think about it - if you could've mined bitcoin with a CPU and a GPU and gotten 3 bitcoin every week, wouldn't you be mad at yourself if you didn't?
thats the timeframe you gotta think with monero. Years.
Topic: [XMR] Monero Mining - page 19. (Read 264880 times)
if mining minexmr.com to an exchange be sure u know that u wont get a payout till 10xmr
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
Please don't mine directly to an exchange. The reason they have a 10 XMR minimum for direct-to exchange transfers is due to the nature of the cryptonote protocol, all outputs have to mix. So if you mine to an exchange, the exchage gets all these tiny outputs <1 XMR, making it nearly impossible for them to effectively mix transactions and keep fees low because people pull out large amounts of monero.
So, please make a wallet on mymonero.com. If your mining to an exchange, you already are trusting a third party with your monero, so you should be fine with mining to mymonero.com
then they should not advertise mining to an exchange on the website if its that big of a deal
i really dont want to lose my days of hashing already so i pretty much have to keep going till i get the payout
wish i would have seen the 10xmr thing but the only thing i saw at 1st was the payout listed on the payout page
i agree they shouldn't advertise that, but im not their boss.
as the other poster mentioned, the 1.4 kh should get u more than what you're getting. Is it 1400 h/s u see on your miner? or as reported on the website?
cant trust the website rate sometimes thats way more than im hashing, like ive seen over 2k
and 1.4kh should be the same as 1400h
but its 1400 basically dedicated a 290x to it and its going slow, am at like 3.xxx now after a week
oh well live and learn, im done mining monero once i get my payout
this kinda soured me to the whole xmr thing and its not very profitable either to mine directly
if mining minexmr.com to an exchange be sure u know that u wont get a payout till 10xmr
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
Please don't mine directly to an exchange. The reason they have a 10 XMR minimum for direct-to exchange transfers is due to the nature of the cryptonote protocol, all outputs have to mix. So if you mine to an exchange, the exchage gets all these tiny outputs <1 XMR, making it nearly impossible for them to effectively mix transactions and keep fees low because people pull out large amounts of monero.
So, please make a wallet on mymonero.com. If your mining to an exchange, you already are trusting a third party with your monero, so you should be fine with mining to mymonero.com
then they should not advertise mining to an exchange on the website if its that big of a deal
i really dont want to lose my days of hashing already so i pretty much have to keep going till i get the payout
wish i would have seen the 10xmr thing but the only thing i saw at 1st was the payout listed on the payout page
i agree they shouldn't advertise that, but im not their boss.
as the other poster mentioned, the 1.4 kh should get u more than what you're getting. Is it 1400 h/s u see on your miner? or as reported on the website?
if mining minexmr.com to an exchange be sure u know that u wont get a payout till 10xmr
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
Please don't mine directly to an exchange. The reason they have a 10 XMR minimum for direct-to exchange transfers is due to the nature of the cryptonote protocol, all outputs have to mix. So if you mine to an exchange, the exchage gets all these tiny outputs <1 XMR, making it nearly impossible for them to effectively mix transactions and keep fees low because people pull out large amounts of monero.
So, please make a wallet on mymonero.com. If your mining to an exchange, you already are trusting a third party with your monero, so you should be fine with mining to mymonero.com
then they should not advertise mining to an exchange on the website if its that big of a deal
i really dont want to lose my days of hashing already so i pretty much have to keep going till i get the payout
wish i would have seen the 10xmr thing but the only thing i saw at 1st was the payout listed on the payout page
There is something wrong there. With that hashrate it should not take you that long to get 1 xmr. I have a similar hashrate and I get about a monero per day.
if mining minexmr.com to an exchange be sure u know that u wont get a payout till 10xmr
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
Please don't mine directly to an exchange. The reason they have a 10 XMR minimum for direct-to exchange transfers is due to the nature of the cryptonote protocol, all outputs have to mix. So if you mine to an exchange, the exchage gets all these tiny outputs <1 XMR, making it nearly impossible for them to effectively mix transactions and keep fees low because people pull out large amounts of monero.
So, please make a wallet on mymonero.com. If your mining to an exchange, you already are trusting a third party with your monero, so you should be fine with mining to mymonero.com
then they should not advertise mining to an exchange on the website if its that big of a deal
i really dont want to lose my days of hashing already so i pretty much have to keep going till i get the payout
wish i would have seen the 10xmr thing but the only thing i saw at 1st was the payout listed on the payout page
if mining minexmr.com to an exchange be sure u know that u wont get a payout till 10xmr
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
Please don't mine directly to an exchange. The reason they have a 10 XMR minimum for direct-to exchange transfers is due to the nature of the cryptonote protocol, all outputs have to mix. So if you mine to an exchange, the exchage gets all these tiny outputs <1 XMR, making it nearly impossible for them to effectively mix transactions and keep fees low because people pull out large amounts of monero.
So, please make a wallet on mymonero.com. If your mining to an exchange, you already are trusting a third party with your monero, so you should be fine with mining to mymonero.com
if mining minexmr.com to an exchange be sure u know that u wont get a payout till 10xmr
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
unless ur a farm that has megahashs of cryptonote that could take longer than a month
ive been mining at about 1400 h/s for days and just now am over 1 xmr
i really think this should be reduced since mining 10 xmr with current difficulty it would take billions of hashs
thanks for that. I'll switch to that thread.
The google spreadsheet is wacky. I don't know how reliable those numbers are.
The google spreadsheet is wacky. I don't know how reliable those numbers are.
Don't forget to update the old bounty thread:
Bounty for Open-Sourced XMR/Cryptonight GPU Miner Bounties Thread
And there's a spreadsheet with cryptonight mining configurations (don't think if its up to date):
https://docs.google.com/spreadsheets/d/1MI-ic0Os25hgGUImW54sUIjZY_pUNQNa_W8Se5pRGBs/edit?pli=1#gid=1726706747
Bounty for Open-Sourced XMR/Cryptonight GPU Miner Bounties Thread
And there's a spreadsheet with cryptonight mining configurations (don't think if its up to date):
https://docs.google.com/spreadsheets/d/1MI-ic0Os25hgGUImW54sUIjZY_pUNQNa_W8Se5pRGBs/edit?pli=1#gid=1726706747
Do people want to post their current hardware and hashrate?
tsivs ccminer
750 ti MSI - 250 h/s
750 ti PNY - 280 h/s
tsivs ccminer
750 ti MSI - 250 h/s
750 ti PNY - 280 h/s
What settings are you using? I don't even know if my 750 ti is MSI or PNY or something else, but I think it only kicks out like 225 h/s with latest tsiv miner.
edited my original post to include settings.
Do people want to post their current hardware and hashrate?
tsivs ccminer
750 ti MSI - 250 h/s
750 ti PNY - 280 h/s
tsivs ccminer
750 ti MSI - 250 h/s
750 ti PNY - 280 h/s
What settings are you using? I don't even know if my 750 ti is MSI or PNY or something else, but I think it only kicks out like 225 h/s with latest tsiv miner.
Do people want to post their current hardware and hashrate?
tsivs ccminer
750 ti MSI - 250 h/s
750 ti PNY - 280 h/s
settings: ./ccminer -l 8x60
tsivs ccminer
750 ti MSI - 250 h/s
750 ti PNY - 280 h/s
settings: ./ccminer -l 8x60
FYI, MSI 750 ti at NEWEGG for 99$ after rebate:
http://www.newegg.com/Product/Product.aspx?Item=N82E16814127784&cm_re=750ti-_-14-127-784-_-Product
http://www.newegg.com/Product/Product.aspx?Item=N82E16814127784&cm_re=750ti-_-14-127-784-_-Product
I'm just goin on what the pool operator told me, so...
But anyway.
Are we all in agreement? Maximum bounty is for 2X hashrate on existing hardware, and any increase beyond that is a proportional percentage of the maximum bounty? So if that guy publicly releases the one he has (which is a reported 10%), he'll get 10% of the bounty?
But anyway.
Are we all in agreement? Maximum bounty is for 2X hashrate on existing hardware, and any increase beyond that is a proportional percentage of the maximum bounty? So if that guy publicly releases the one he has (which is a reported 10%), he'll get 10% of the bounty?
How much of the hashing of XMR is contributed by botnet or larger server farms?
If we use the larger scratch pad size, 3MB instead of 2 MB, then high end CPU will not have bigger advantage. Intel 4170 has 3MB L3 cache, so it is effective for 1 thread; Intel 4770k has 8 MB, so it is effective for 2 threads, the ratio is 1:2. For 2MB scratch, the ratio is 1:3.
Well, using the data "thousands of PCs", we'll assume ... 2,000. Lets assume 1 mining thread, which on a modern cpu is about... 50 h/s? Thats probably low. Even my xeon 771's can get ~30 h/s per thread. Those numbers give 100kh/s. If we use the larger scratch pad size, 3MB instead of 2 MB, then high end CPU will not have bigger advantage. Intel 4170 has 3MB L3 cache, so it is effective for 1 thread; Intel 4770k has 8 MB, so it is effective for 2 threads, the ratio is 1:2. For 2MB scratch, the ratio is 1:3.
One zombie computer produce much less hashrate. Not to mention the high stale mate and connection problem.
Most bots are in China and Russia where the Internet connection is one of the worst in the world.
Chinese bots require a proxy to mine that could go offline anytime and add a huge lag time.
Honestly, bot-mining is not worth the investment of time and the hassle. There are better way of getting money if you've got the skills.
Even without the skills, it would be much easier to find free electricity or steal electricity than bother setting up ten thousand bots.
How much of the hashing of XMR is contributed by botnet or larger server farms?
If we use the larger scratch pad size, 3MB instead of 2 MB, then high end CPU will not have bigger advantage. Intel 4170 has 3MB L3 cache, so it is effective for 1 thread; Intel 4770k has 8 MB, so it is effective for 2 threads, the ratio is 1:2. For 2MB scratch, the ratio is 1:3.
If we use the larger scratch pad size, 3MB instead of 2 MB, then high end CPU will not have bigger advantage. Intel 4170 has 3MB L3 cache, so it is effective for 1 thread; Intel 4770k has 8 MB, so it is effective for 2 threads, the ratio is 1:2. For 2MB scratch, the ratio is 1:3.
Well, using the data "thousands of PCs", we'll assume ... 2,000. Lets assume 1 mining thread, which on a modern cpu is about... 50 h/s? Thats probably low. Even my xeon 771's can get ~30 h/s per thread. Those numbers give 100kh/s.
this is a hard coin to mine , that is all I know
if someone has a better miner it would not be the first coin where it was not shared with others
if someone has a better miner it would not be the first coin where it was not shared with others
Agree. It probably happened to all existing cryptos since Bitcoin.
Basically, someone is mining with access to thousands of PCs. This could either be botnet or very lucky system administrators with system users that don't need 100% of their CPU time.
In either case, someone is getting boatloads of Monero for free. My assumption is that these coins are dumped to extract the most profit. But who knows. They could be hodlers.
In either case, someone is getting boatloads of Monero for free. My assumption is that these coins are dumped to extract the most profit. But who knows. They could be hodlers.
Either botnets or admin computers are far from being free. It requires very high skills and comes with high risks.
It is not free if you consider the time spent in learning all the skills to become a successful botnet owner (it probably takes years) and the time spent on spreading viruses and hacking computers. Not to mention the constant fixing and setting up the most effective way of using bots.
Using the computers of your company to mine is putting yourself at a high risk of getting fired and being sued.
I am not encouraging botnet mining or system administrators abuses. I just pointing out that it is much harder and complicated than what most people think.
I get that. I just mean in blanket base terms - cost of hardware, cost of electricity. A botnet owner can take that skill set (that cost time) and use it for another purpose. My electricity is gone, to never be used for another purpose. My GPUs could be used for another purpose, sure.
I'm not denying that its probably difficult to manage a botnet. I would just argue that the "resources" used to mine skew some of the assumptions made that underlie the purpose of POW. But, this is a phenomenon that I'm sure any POW encounters at some point.. bitcoin, litecoin.
Essentially, though, one could posit that these are the market makers. They have to effectively control the price of the coin to maintain a profit level but at the same time keep it suppressed in order to prevent the development of ASICs. Interesting dynamic.
this is a hard coin to mine , that is all I know
if someone has a better miner it would not be the first coin where it was not shared with others
if someone has a better miner it would not be the first coin where it was not shared with others
Agree. It probably happened to all existing cryptos since Bitcoin.
Basically, someone is mining with access to thousands of PCs. This could either be botnet or very lucky system administrators with system users that don't need 100% of their CPU time.
In either case, someone is getting boatloads of Monero for free. My assumption is that these coins are dumped to extract the most profit. But who knows. They could be hodlers.
In either case, someone is getting boatloads of Monero for free. My assumption is that these coins are dumped to extract the most profit. But who knows. They could be hodlers.
Either botnets or admin computers are far from being free. It requires very high skills and comes with high risks.
It is not free if you consider the time spent in learning all the skills to become a successful botnet owner (it probably takes years) and the time spent on spreading viruses and hacking computers. Not to mention the constant fixing and setting up the most effective way of using bots. Zombies computers are never under your total control, you could lose most of them anytime.
Using the computers of your company to mine is putting yourself at a high risk of getting fired and being sued.
I am not encouraging botnet mining or system administrators abuses. I just pointing out that it is much harder and complicated than what most people think.
How much of the hashing of XMR is contributed by botnet or larger server farms?
If we use the larger scratch pad size, 3MB instead of 2 MB, then high end CPU will not have bigger advantage. Intel 4170 has 3MB L3 cache, so it is effective for 1 thread; Intel 4770k has 8 MB, so it is effective for 2 threads, the ratio is 1:2. For 2MB scratch, the ratio is 1:3.
If we use the larger scratch pad size, 3MB instead of 2 MB, then high end CPU will not have bigger advantage. Intel 4170 has 3MB L3 cache, so it is effective for 1 thread; Intel 4770k has 8 MB, so it is effective for 2 threads, the ratio is 1:2. For 2MB scratch, the ratio is 1:3.
well, an update: the operator of monero.net contacted me and provided information suggesting that there is not some super amazing optimized code.
I agree with jwinterm - a 2X would be significant enough to warrant full bounty, and subsequent percentages of 2X that get corresponding percentage of bounty.
However, we should be aware that a 10% improvement already exists - somewhere in the ccminer thread, but the dev hasn't released it publicly. Ah i can't find the link.
I agree with jwinterm - a 2X would be significant enough to warrant full bounty, and subsequent percentages of 2X that get corresponding percentage of bounty.
However, we should be aware that a 10% improvement already exists - somewhere in the ccminer thread, but the dev hasn't released it publicly. Ah i can't find the link.
Any explanation of the discrepancies in your analysis?
Basically, someone is mining with access to thousands of PCs. This could either be botnet or very lucky system administrators with system users that don't need 100% of their CPU time.
In either case, someone is getting boatloads of Monero for free. My assumption is that these coins are dumped to extract the most profit. But who knows. They could be hodlers.
My only hope is that these operators are getting this message - if you want to continue reaping profit from one of the only CPU mineable coins that is profitable, you should really donate a large percentage of these coins to Monero core development. After all, the only reason your whole enterprise is possible is because Monero exists.
To me, this is just further evidence that we need better GPU software. Yargh. I don't know what the best solution is. I support the whole everyone should be able to mine thing. But yargh.
The PoW algorithm should be modified so that botnet will be discouraged.
But if thats done, then the average user will not be able to mine. That was the point of cryptonight, to have CPU mineable POW to try and achieve "1 PC 1 vote".
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