Author

Topic: [XMR] Monero Speculation - page 413. (Read 3313576 times)

legendary
Activity: 2604
Merit: 1748
December 30, 2017, 04:33:38 AM
Now that Ripple overtook Ethereum, what do you guys and gals think that means for the whole crypto space? Do you think we shall see Ripple at no.1 at some point? I want to hear your speculations.

With that many billions of 'tokens' all instamined?  No - can't see it. 
jr. member
Activity: 56
Merit: 7
December 30, 2017, 04:11:08 AM
Now that Ripple overtook Ethereum, what do you guys and gals think that means for the whole crypto space? Do you think we shall see Ripple at no.1 at some point? I want to hear your speculations.
rdp
jr. member
Activity: 38
Merit: 2
December 29, 2017, 06:28:05 PM
What I actually want to know if this "unknown" hash rate is more distributed or more concentrated on a bot network which seems distributed but is controlled by a single/few entities. I presume there are these bot networks given the past ransomeware spread. Maybe the first wave was "naive", locking computers and demanding BTC/XMR direct transfers, but now they just keeps silent and continue spreading and collecting the money through mining.

Either way they probably aren't really a threat to us. Only the overlords of the legacy banking system, governments, or the heads of other crypto currency projects might care to want to harm our network. The people who run these botnets are probably not one of these. Infact they are probably, at this point, invested in the networks success themselves unless they go and liquidate every penny of revenue.

Good point. I think this answer my question.
legendary
Activity: 1722
Merit: 1217
December 29, 2017, 05:49:37 PM
What I actually want to know if this "unknown" hash rate is more distributed or more concentrated on a bot network which seems distributed but is controlled by a single/few entities. I presume there are these bot networks given the past ransomeware spread. Maybe the first wave was "naive", locking computers and demanding BTC/XMR direct transfers, but now they just keeps silent and continue spreading and collecting the money through mining.

Either way they probably aren't really a threat to us. Only the overlords of the legacy banking system, governments, or the heads of other crypto currency projects might care to want to harm our network. The people who run these botnets are probably not one of these. Infact they are probably, at this point, invested in the networks success themselves unless they go and liquidate every penny of revenue.
rdp
jr. member
Activity: 38
Merit: 2
December 29, 2017, 05:45:09 PM
Can someone comment on the fact that Monero hash rate distribution is 52% "unknown"? Does that mean these 52% are actually solo mining?

I think it just means there's been a lot of new pools come online that aren't being checked by the pie chart you're looking at.

Not just new pools. But also old. If rdp would provide us link with this info and which pols are there I could find some other links with missing pools and add them. Every pool on their statistic page adds polls they want. Many avoid adding minergate.

I saw post the other day showing pie chart that I started with matplotlib a long time ago and was picked up by poolto.be and minexmr.com, and looks like minexmr is only one still running script (currently showing 55% unknown).

http://minexmr.com/pools.html

Looks like xinbya not even querying minergate...

From here https://monerohash.com/#network

You can see that
minergate    26500.00 KH/s  or 4.75%
dwarfpool.com  20308 khs or 3.64%

I did expect they have more hash power. It makes still half unknown. I bet there are more known pools outhere we did not listed.




What I actually want to know if this "unknown" hash rate is more distributed or more concentrated on a bot network which seems distributed but is controlled by a single/few entities. I presume there are these bot networks given the past ransomeware spread. Maybe the first wave was "naive", locking computers and demanding BTC/XMR direct transfers, but now they just keeps silent and continue spreading and collecting the money through mining.
legendary
Activity: 2744
Merit: 1288
December 29, 2017, 05:25:22 PM
Can someone comment on the fact that Monero hash rate distribution is 52% "unknown"? Does that mean these 52% are actually solo mining?

I think it just means there's been a lot of new pools come online that aren't being checked by the pie chart you're looking at.

Not just new pools. But also old. If rdp would provide us link with this info and which pols are there I could find some other links with missing pools and add them. Every pool on their statistic page adds polls they want. Many avoid adding minergate.

I saw post the other day showing pie chart that I started with matplotlib a long time ago and was picked up by poolto.be and minexmr.com, and looks like minexmr is only one still running script (currently showing 55% unknown).

http://minexmr.com/pools.html

Looks like xinbya not even querying minergate...

From here https://monerohash.com/#network

You can see that
minergate    26500.00 KH/s  or 4.75%
dwarfpool.com  20308 khs or 3.64%

I did expect they have more hash power. It makes still half unknown. I bet there are more known pools outhere we did not listed.

sr. member
Activity: 504
Merit: 250
December 29, 2017, 12:58:07 PM
Can someone comment on the fact that Monero hash rate distribution is 52% "unknown"? Does that mean these 52% are actually solo mining?
I'm sure that a lot of Monero miners don't want people to know they mine Monero. On top of the fact that there are probably just pools that are unlisted in your chart, there's always the idea that there could be some high profile mining being done behind the scenes or that there may be large botnets doing more mining than we think.

Edit: Case in point: https://qz.com/1110419/north-korea-may-be-using-malware-to-secretly-mine-ethereum-monero-or-zcash/
rdp
jr. member
Activity: 38
Merit: 2
December 29, 2017, 12:38:30 PM
Can someone comment on the fact that Monero hash rate distribution is 52% "unknown"? Does that mean these 52% are actually solo mining?

I think it just means there's been a lot of new pools come online that aren't being checked by the pie chart you're looking at.

Not just new pools. But also old. If rdp would provide us link with this info and which pols are there I could find some other links with missing pools and add them. Every pool on their statistic page adds polls they want. Many avoid adding minergate.

I saw post the other day showing pie chart that I started with matplotlib a long time ago and was picked up by poolto.be and minexmr.com, and looks like minexmr is only one still running script (currently showing 55% unknown).

http://minexmr.com/pools.html

Looks like xinbya not even querying minergate...

Exactly that one I used: http://minexmr.com/pools.html
legendary
Activity: 3164
Merit: 1116
December 29, 2017, 12:06:50 PM
Can someone comment on the fact that Monero hash rate distribution is 52% "unknown"? Does that mean these 52% are actually solo mining?

I think it just means there's been a lot of new pools come online that aren't being checked by the pie chart you're looking at.

Not just new pools. But also old. If rdp would provide us link with this info and which pols are there I could find some other links with missing pools and add them. Every pool on their statistic page adds polls they want. Many avoid adding minergate.

I saw post the other day showing pie chart that I started with matplotlib a long time ago and was picked up by poolto.be and minexmr.com, and looks like minexmr is only one still running script (currently showing 55% unknown).

http://minexmr.com/pools.html

Looks like xinbya not even querying minergate...
legendary
Activity: 2744
Merit: 1288
December 29, 2017, 11:43:24 AM
Can someone comment on the fact that Monero hash rate distribution is 52% "unknown"? Does that mean these 52% are actually solo mining?

I think it just means there's been a lot of new pools come online that aren't being checked by the pie chart you're looking at.

Not just new pools. But also old. If rdp would provide us link with this info and which pols are there I could find some other links with missing pools and add them. Every pool on their statistic page adds polls they want. Many avoid adding minergate.
member
Activity: 139
Merit: 10
December 29, 2017, 11:15:32 AM
its annoying to see something like ZCL rocket up so that they can be airdropped BTCP. Anyone have thoughts on how this might affect Monero?

What is a ZCL, and how could it possibly affect Monero?  

Zcash, but classic  Roll Eyes


Coins should start assembling a team as soon as they release a coin, wait a couple months and change the least popular things and release a classic version. I'm not saying that getting rid of the dev tax isn't a positive change, but kind of stupid to recreate the trusted setup--though the one thing that keeps me away is the unauditable supply (that's an inflation tool the fed would be jealous of).

It's like having a 3 legged horse.  Clone it, paint stripes on it.  Great.  It still can't fucking walk.  I don't get it, but apparently there's money to be made, so forge ahead!

Not to mention that Zclassic has a wallet that is almost impossible to run much less keep running. They should work on that before doing another fork. Was going to invest a tiny bit into it but can't even get their wallet to work. Glad I bought a little bit of Monero a while back...
legendary
Activity: 3164
Merit: 1116
December 29, 2017, 11:00:37 AM
Can someone comment on the fact that Monero hash rate distribution is 52% "unknown"? Does that mean these 52% are actually solo mining?

I think it just means there's been a lot of new pools come online that aren't being checked by the pie chart you're looking at.
rdp
jr. member
Activity: 38
Merit: 2
December 29, 2017, 10:57:30 AM
Can someone comment on the fact that Monero hash rate distribution is 52% "unknown"? Does that mean these 52% are actually solo mining?
legendary
Activity: 2702
Merit: 2053
Free spirit
December 29, 2017, 10:49:54 AM
Monero started to get more and more obsessed each passing time. I think $ 1000 is a coin targeted. With Zec, they can take over $ 1000. Clearly, perhaps until now, they needed to overthrow.

For this, we need some time. It won't happen simultaneously. The demand should rise drastically to achieve $1000 target in Monero.

This would honestly take at least 1 or 2 years.

or the emission could fall Smiley


*edit* same timeframe boom */edit*
full member
Activity: 198
Merit: 100
December 29, 2017, 10:34:02 AM
Monero started to get more and more obsessed each passing time. I think $ 1000 is a coin targeted. With Zec, they can take over $ 1000. Clearly, perhaps until now, they needed to overthrow.

For this, we need some time. It won't happen simultaneously. The demand should rise drastically to achieve $1000 target in Monero.

This would honestly take at least 1 or 2 years.
member
Activity: 120
Merit: 10
December 29, 2017, 10:33:59 AM
Self-moderated thread for discussion of Monero trading and price speculation.

Off topic posts will be removed.

Discussion of what is on-topic or off-topic is on-topic especially at the start. I will consider such input and make a final decision on such suggestions, and that will edited into the OP.



Thanks for opening a new speculation thread. I'm not a huge fan of self moderated threads, as they tend to invite abuse of power of the thread starter in my experience. That said, not wanting to give in to FUD posts/trolling is a valid reason for self moderation, so I'm not outright going to bash the attempt.

To get started, in addition to discussing what is "off topic" in this thread, I'd also like to see some clarification what constitutes "FUD / trolling"...

Just went through the last 10 or so pages of the old speculation thread, that was supposedly so infested by trolling and FUD, and couldn't find a single post that qualifies in my opinion. Guess they could have been mod-removed (via report), but that'd just be further evidence that self-moderation isn't really necessary to get rid of trolls.

What about Wachtwoord's posts? They provoked a pretty strong negative reaction by some, e.g.

But Monero is not truly anonymous, merely pseudo-anonymous. Doesn't that bother you?

Do we want to a) call this "trolling / FUD", and b) removed it from the thread?

How is Monero pseudo anonymous?
sr. member
Activity: 504
Merit: 250
December 29, 2017, 10:17:07 AM
I tried that but it still seems to be trying to download the blockchain. Am I doing something wrong?

That is your wallet "refreshing" or scanning the blocks looking for transactions that belong to your wallet. Connecting to a remote node bypasses the need to download the blockchain but you still need to sync with it. The next version of the GUI should have 2 separate status bars to indicate each sync, instead of using the same status bar.
I see, I think I'm all set now. Thanks
full member
Activity: 392
Merit: 101
December 29, 2017, 06:57:30 AM
Monero started to get more and more obsessed each passing time. I think $ 1000 is a coin targeted. With Zec, they can take over $ 1000. Clearly, perhaps until now, they needed to overthrow.
legendary
Activity: 2016
Merit: 1259
December 29, 2017, 05:03:30 AM
its annoying to see something like ZCL rocket up so that they can be airdropped BTCP. Anyone have thoughts on how this might affect Monero?

What is a ZCL, and how could it possibly affect Monero?  

Zcash, but classic  Roll Eyes


Coins should start assembling a team as soon as they release a coin, wait a couple months and change the least popular things and release a classic version. I'm not saying that getting rid of the dev tax isn't a positive change, but kind of stupid to recreate the trusted setup--though the one thing that keeps me away is the unauditable supply (that's an inflation tool the fed would be jealous of).

It's like having a 3 legged horse.  Clone it, paint stripes on it.  Great.  It still can't fucking walk.  I don't get it, but apparently there's money to be made, so forge ahead!
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
December 29, 2017, 04:01:26 AM
its annoying to see something like ZCL rocket up so that they can be airdropped BTCP. Anyone have thoughts on how this might affect Monero?

What is a ZCL, and how could it possibly affect Monero?  

Zcash, but classic  Roll Eyes


Coins should start assembling a team as soon as they release a coin, wait a couple months and change the least popular things and release a classic version. I'm not saying that getting rid of the dev tax isn't a positive change, but kind of stupid to recreate the trusted setup--though the one thing that keeps me away is the unauditable supply (that's an inflation tool the fed would be jealous of).
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