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Topic: [XMR] Monero Mining - page 8. (Read 264826 times)

legendary
Activity: 3570
Merit: 1959
December 07, 2016, 06:47:05 PM
Dear friends

If someone wants to sell he's earnings on Monero mining for Upfront Payment - please, contact me

freenode - #monero-otc ?

I don't think you will find many sellers here TBH, but I could be wrong. Good luck.
newbie
Activity: 32
Merit: 0
December 07, 2016, 06:31:16 PM
Dear friends

If someone wants to sell he's earnings on Monero mining for Upfront Payment - please, contact me
hero member
Activity: 574
Merit: 500
December 06, 2016, 06:29:00 AM
hey guys, i have a rig a hd shappire 7950 i wanted to know how much hashing speed should i get with this? Anyone use this card?
newbie
Activity: 27
Merit: 0
December 04, 2016, 05:46:22 AM
plz add my pool

http://198.245.50.51/xmr/
0% fee

thx
legendary
Activity: 1260
Merit: 1008
December 03, 2016, 12:19:35 PM
After a quick 'n dirty analysis of the network distribution of hash on monerohash.com (divide hashrate of each pool by the number of miners in each pool), the pool monero.net has a per miner hashrate (137.7 kh/s) that is 40.4X that of the average of all other miners (3.4kh/s).

I can think of 3 reasons for this:

1) Someone is investing significant resources into mining monero in that pool

2) Someone has developed an optimized miner (GPU, etc)

3) And, of course, bonnet

If the reason is #1 - great. Whoever you are, thanks for investing 40.4X the average contributors resources to support the network.

if the reason is #2, congrats to whoever you are for tweaking the code. However, being that the security of the network depends upon the network hashrate, I think it would be beneficial to share this code, if it exists. Granted, if this code and individual exists, they are enjoying wonderful profits right now, so we would need to make the release of this code financially rewarding.

The pool reports finding a block on average every 7 minutes, therefore this pool gets a rough estimate of 2k XMR per day. So if this is an optimized miner, it will probably cost a lot.  

Upon further examination, this pool might be the source of the network flucation (I think someone else may have discovered this before), as evident here: http://monero.net/#pool_stats





However, even at the lowest points, this pool still hashes 600 kh/s, which puts the hashrate / miner at 29X the rest of the entire network.


Edited: interesting. With my new numbers (must have missed something in the copy and paste. woops!) when the low end of the wave is used, the average hashrate / user for that pool goes to 46.16, which is still 13X the average for all other users.

Thus, I propose a bounty dependent upon release of mining software that provides 29X increase in hashrate for my mining rig. I don't have much, but I planned on building a new rig soon. Thus, I will pay 500 XMR for this software (that might not exist), or contribute 200 XMR for a bounty for releasing the software (that might not exist) to the entire network (because if that happens, then the whole hashrate goes up and I'm just burning 200 XMR). Actually, to be honest, if I got it privately I would release it anyway because network, so we should probably try to get the public-release bounty going.

If reason #3, well... then.... people should really install antivirus software.

EDITED some numbers due to copy paste error. Edit time 10:45 AM EST.

Is it now known which of the three explanations was the actual one?

I found interesting article from author of more efficient miner, but that is older from 2014 https://da-data.blogspot.cz/2014/08/minting-money-with-monero-and-cpu.html

Yes, it was #1. The miner  / pool operator actually reached out to me. So, my ramblings were just that.. ramblings.
sr. member
Activity: 406
Merit: 250
December 01, 2016, 10:01:37 AM
Give it a shot guys

http://www.coinhash.tk/

0.75% fee.
legendary
Activity: 3570
Merit: 1959
November 27, 2016, 08:53:37 PM
Shutting down rigs till we can have a decent working pool...

yes, That is your good point. it seems no more profit now
I'm waiting for the price up again.

Lol.. You quoted a post from 2014? Are you high?  Grin

Edit I mine and profit daily, so... yeah.... you're not right there. Tongue
sr. member
Activity: 401
Merit: 257
November 27, 2016, 08:43:58 PM
Shutting down rigs till we can have a decent working pool...

yes, That is your good point. it seems no more profit now
I'm waiting for the price up again.
legendary
Activity: 3570
Merit: 1959
November 27, 2016, 12:02:44 PM
Please give me the new link download CPU mining software of XMR . Thank you

There's a number of links on the bottom of this page?

https://moneropool.com/#getting_started
sr. member
Activity: 401
Merit: 257
November 27, 2016, 11:50:41 AM
Please give me the new link download CPU mining software of XMR . Thank you
newbie
Activity: 29
Merit: 0
November 26, 2016, 12:50:02 PM
hi. where i can rent a rig to mine cryptonight algo?  only nicehash?
full member
Activity: 162
Merit: 100
supportXMR.com
November 23, 2016, 09:06:29 AM
HI all,

I am Happy to Annonce our new Monero pool

http://monero.pool.tn is a fast and reliable Monero Mining Pool with low fees with Core Donation

Pool Fee: 1%
Minimum Payout: 0.1

Tnaks for all Smiley

how do you know it's fast and reliable if it hasn't yet mined one block? Smiley

just kidding. the world needs more small pools, so you're welcome.
newbie
Activity: 1
Merit: 0
November 23, 2016, 05:23:45 AM
HI all,

I am Happy to Annonce our new Monero pool

http://monero.pool.tn is a fast and reliable Monero Mining Pool with low fees with Core Donation

Pool Fee: 1%
Minimum Payout: 0.1

Tnaks for all Smiley

newbie
Activity: 13
Merit: 0
November 02, 2016, 09:59:40 AM
After a quick 'n dirty analysis of the network distribution of hash on monerohash.com (divide hashrate of each pool by the number of miners in each pool), the pool monero.net has a per miner hashrate (137.7 kh/s) that is 40.4X that of the average of all other miners (3.4kh/s).

I can think of 3 reasons for this:

1) Someone is investing significant resources into mining monero in that pool

2) Someone has developed an optimized miner (GPU, etc)

3) And, of course, bonnet

If the reason is #1 - great. Whoever you are, thanks for investing 40.4X the average contributors resources to support the network.

if the reason is #2, congrats to whoever you are for tweaking the code. However, being that the security of the network depends upon the network hashrate, I think it would be beneficial to share this code, if it exists. Granted, if this code and individual exists, they are enjoying wonderful profits right now, so we would need to make the release of this code financially rewarding.

The pool reports finding a block on average every 7 minutes, therefore this pool gets a rough estimate of 2k XMR per day. So if this is an optimized miner, it will probably cost a lot.  

Upon further examination, this pool might be the source of the network flucation (I think someone else may have discovered this before), as evident here: http://monero.net/#pool_stats

http://monero.net/images/graph/pool_week.png



However, even at the lowest points, this pool still hashes 600 kh/s, which puts the hashrate / miner at 29X the rest of the entire network.


Edited: interesting. With my new numbers (must have missed something in the copy and paste. woops!) when the low end of the wave is used, the average hashrate / user for that pool goes to 46.16, which is still 13X the average for all other users.

Thus, I propose a bounty dependent upon release of mining software that provides 29X increase in hashrate for my mining rig. I don't have much, but I planned on building a new rig soon. Thus, I will pay 500 XMR for this software (that might not exist), or contribute 200 XMR for a bounty for releasing the software (that might not exist) to the entire network (because if that happens, then the whole hashrate goes up and I'm just burning 200 XMR). Actually, to be honest, if I got it privately I would release it anyway because network, so we should probably try to get the public-release bounty going.

If reason #3, well... then.... people should really install antivirus software.

EDITED some numbers due to copy paste error. Edit time 10:45 AM EST.

Is it now known which of the three explanations was the actual one?

I found interesting article from author of more efficient miner, but that is older from 2014 https://da-data.blogspot.cz/2014/08/minting-money-with-monero-and-cpu.html
legendary
Activity: 3570
Merit: 1959
October 28, 2016, 10:08:26 PM
lol... f*ck minergate. go with moneropool.com... simple and profitable for us people with like 1khs lol.
newbie
Activity: 6
Merit: 0
October 28, 2016, 09:58:08 PM
Hello everyone... I have been mining XMR via CPU on 2-3 PCs for the past 1-2 months.  I recently built a mining rig with 4 MSI RX470s but currently have those on ETH mining (using Claymore GPU dual miner), mainly due to the current price difference.

I have been doing my CPU via MinerGate since it was easy to use for a noob like me. However, now that I have successfully been running Claymore GPU I wanted to convert over to his CPU XMR miner... but am having an issue getting it to work, at least on my mining rig.



What are your hash rates like? Are you using a firewall on the new PC? Do you have port 3333 usable on this pc? did you try pinging the URL and performing other tests to test for connectivity?
sr. member
Activity: 600
Merit: 261
October 26, 2016, 06:48:31 PM
Hello everyone... I have been mining XMR via CPU on 2-3 PCs for the past 1-2 months.  I recently built a mining rig with 4 MSI RX470s but currently have those on ETH mining (using Claymore GPU dual miner), mainly due to the current price difference.

I have been doing my CPU via MinerGate since it was easy to use for a noob like me. However, now that I have successfully been running Claymore GPU I wanted to convert over to his CPU XMR miner... but am having an issue getting it to work, at least on my mining rig.

Here's the story... I finally got the "running as Admin 1st time" thing squared away on the mining rig, but now when I run the miner, it will not connect to the pool (I'm using moneropool.com).  Here is the log for my latest session:

14:43:32:328   1598   
14:43:32:328   1598   ษออออออออออออออออออออออออออออออออออออออออออออออออออออออออออออออออป
14:43:32:328   1598   บ            Claymore CryptoNote CPU Miner  v3.5 Beta            บ
14:43:32:328   1598   ศออออออออออออออออออออออออออออออออออออออออออออออออออออออออออออออออผ
14:43:32:531   1598   64-bit version
14:43:32:531   1598   CPU supports AES-NI - faster mining!
14:43:32:531   1598   Logical CPU cores: 12
14:43:32:531   1598   Number of threads: Autoselection...
14:43:32:531   1598   Using 6 threads
14:43:32:531   1598   scfg: 1
14:43:32:531   1598   3 pools specified.
14:43:32:547   1598   Press "m" key for tune mode.
14:43:32:562   1448   Stratum - connecting to 'mine.moneropool.com' <138.201.31.14> port 3333
14:43:32:562   1448   Stratum - Cannot connect  to mine.moneropool.com port 3333
14:43:32:562   1448   Stratum - Failed to connect, retry in 20 sec...
14:43:52:577   1068   Stratum - connecting to 'mine.moneropool.com' <138.201.31.12> port 3333
14:43:52:577   1448   Stratum - Cannot connect  to mine.moneropool.com port 3333
14:43:52:577   1068   DevFee: Stratum - Failed to connect, retry in 20 sec...
14:44:02:655   1598   watchdog - thread 0, hb time 78
14:44:02:655   1598   watchdog - thread 1, hb time 78
14:44:02:655   1598   watchdog - thread 2, hb time 78
14:44:02:655   1598   watchdog - thread 3, hb time 78
14:44:02:655   1598   watchdog - thread 4, hb time 78
14:44:02:655   1598   watchdog - thread 5, hb time 78
14:44:12:592   1068   Stratum - connecting to 'mine.moneropool.com' <138.201.31.12> port 3333
14:44:12:592   1448   Stratum - Cannot connect  to mine.moneropool.com port 3333
14:44:12:592   1068   DevFee: Stratum - Failed to connect, retry in 20 sec...


Here's the kicker... I ran the exact same code in my .bat file (see below) on my personal PC, and although I couldn't seem to fix the Admin rights issue, I was able to connect to the pool (albeit in slow mode due to the Admin rights issue).  So, my question is, what are some likely causes of not being able to connect to the pool is the problem is not in the code of the bat file?

Here is the contents of my bat file, but again, this exact script is working on my other PC.

NsCpuCNMiner64.exe -o stratum+tcp://mine.moneropool.com:3333 -u 46shm7maKo9Ev35kJiAoW6ZsWSxGWkNeuBrfgcN49g9KKWQe7yE513SGRiqsdea1uG9T1xFDFH3inMS G7hrKW2oMHGrTDez -p x

Any suggestions would be appreciated.
full member
Activity: 162
Merit: 100
supportXMR.com
October 21, 2016, 03:24:30 AM
Its a shame, when I first started researching this, XMR was around $13 a coin, now its only about $6. What the hell is going on? Its not making it easier thats for sure.

well, if you would have found XMR one month earlier, it would have been at $1.8 Smiley There was much hype because of the darknet adoption and price exploded to $13. What you see now is a correction... so the current $6 is still way better than $1.8 two months ago
newbie
Activity: 6
Merit: 0
October 21, 2016, 03:09:34 AM
Hi I asked this question in another thread but didnt get any real answer. I am trying to figure out is it really feasible to mine monero? I mean, even if you dont pay for electricity, help me understand the point of spending money on hardware that at the most will get you 1500 h/s per video card? Thats like what? $15 per week per video card? Video cards are expensive. Even if you rent a server with a fast cpu that will get you 850 h/s thats still only $9 USD per week. How is it worth dedicating hardware to mine these coins? If you cant set up a rig for fairly cheap by renting or scavenging parts, I dont see how you can make at least $300USD per week mining coins for a profit. Am I missing something? Why are you guys mining for less then $75 per week?

profit is not the only reason for mining. securing the network is.

however, here is an example: I've purchased a rig with 5 RX480 cards hashing with ~775h/s each. that's ~0.9XMR/Day on average mining income. so assuming difficulty will not explode in the next few months, that's 27 XMR/month mining income, which currently translate to ~180 usd/month. Electricity clocks in with about 35 usd/month for me. So 150usd worth of coin per month profit if I would sell them off right away (which I don't).

For the rig which consists of 2 new and 3 used cards, a new PSU and some scavanged parts, I paid ~1400usd. So to ROI the rig would have to run for at least a year.... or does it? What I did in the past when it was still profitable to mine BTC and LTC with GPUs: I ran the rigs for half a year and then sold the cards off to gamers and bought next gen cards. that's why I always buy current cards and keep away from older models. they keep their value.

If I would sell the cards in 3 months, I would at least get 200usd/card, reducing my investment to 400usd, having minded 450usd of coin

tl;dr;
you are missing that a) GPUs hold their value and can be sold off to recover initial invest b) instead of selling mined coin at current rates you could speculate that XMR will rise over the next few months, multiplying your profit c) mining is not always about profit Smiley

Ok I see what you are saying, its like when I first started thinking of buying bitcoins they were only $32 each. Now I kick myself in the ass that I didnt stock up on them since they are at $630+ each one.....Its a shame, when I first started researching this, XMR was around $13 a coin, now its only about $6. What the hell is going on? Its not making it easier thats for sure.
full member
Activity: 162
Merit: 100
supportXMR.com
October 21, 2016, 02:44:30 AM
Hi I asked this question in another thread but didnt get any real answer. I am trying to figure out is it really feasible to mine monero? I mean, even if you dont pay for electricity, help me understand the point of spending money on hardware that at the most will get you 1500 h/s per video card? Thats like what? $15 per week per video card? Video cards are expensive. Even if you rent a server with a fast cpu that will get you 850 h/s thats still only $9 USD per week. How is it worth dedicating hardware to mine these coins? If you cant set up a rig for fairly cheap by renting or scavenging parts, I dont see how you can make at least $300USD per week mining coins for a profit. Am I missing something? Why are you guys mining for less then $75 per week?

profit is not the only reason for mining. securing the network is.

however, here is an example: I've purchased a rig with 5 RX480 cards hashing with ~775h/s each. that's ~0.9XMR/Day on average mining income. so assuming difficulty will not explode in the next few months, that's 27 XMR/month mining income, which currently translate to ~180 usd/month. Electricity clocks in with about 35 usd/month for me. So 150usd worth of coin per month profit if I would sell them off right away (which I don't).

For the rig which consists of 2 new and 3 used cards, a new PSU and some scavanged parts, I paid ~1400usd. So to ROI the rig would have to run for at least a year.... or does it? What I did in the past when it was still profitable to mine BTC and LTC with GPUs: I ran the rigs for half a year and then sold the cards off to gamers and bought next gen cards. that's why I always buy current cards and keep away from older models. they keep their value.

If I would sell the cards in 3 months, I would at least get 200usd/card, reducing my investment to 400usd, having minded 450usd of coin

tl;dr;
you are missing that a) GPUs hold their value and can be sold off to recover initial invest b) instead of selling mined coin at current rates you could speculate that XMR will rise over the next few months, multiplying your profit c) mining is not always about profit Smiley
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