Thread 60768549

Welcome to the /XMR/ Monero General, dedicated to the discussion of the world's most widely adopted privacy coin.

Monero payments are anonymous, low-fee by design and fully fungible, meaning users can send XMR globally without issue and receive XMR without having to worry about tainted coins. Battle-tested privacy tech (Ring Signatures, Stealth Addresses and RingCT) ensures that critical TX data cannot be gleaned from the Monero blockchain. Thus by default, the TX history of all Monero users is kept hidden from the prying eyes of adversaries, with TXs being optionally transparent via the aid of a view key.

Monero algorithmically ensures low TX fees by employing a dynamic (elastic) block size that can "stretch" to easily accommodate sudden TX spikes.

Monero's bespoke mining algorithm, RandomX, is optimized for devices using general-purpose CPUs e.g. desktops, laptops, smartphones, tablets, keeping the barrier to entry low and ASICs out of the equation.

Monero's tail emission - 0.6 XMR every block forever - financially incentives for-profit miners to keep mining, helping boost long-term network security. This constant linear inflation asymptotically trends to zero and is offset somewhat by a steady rate of coin loss.

Monero has thus far proven to be the only altcoin capable of overcoming BTC's network effect by driving it out of the darknet economy BTC dominated for over 10 years. Monero is now also starting to overtake BTC in clearnet commerce as well. See below.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.


XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Resources: https://libereco.xyz/resources/

XMR Stats: moneroj.net

USE XMR: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO BUY XMR: https://i.imgur.com/XdppsQ7.png
Crypto ATMs: see kycnot.me

>MINING
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official GUI/CLI
Featherwallet

>Mobile
IOS: Cakewallet
Android: Monerujo

PREVIOUS THREAD: >>60747979

***** DISCLAIMER *****

The creator of this thread actively discourages holding Monero. We, the broader community of Monero, do not agree with him. Buying and holding Monero is a completely legitimate way to participate in the protocol, and we encourage you to save your wealth in XMR.

XMR is THE best store of value in the world. Not only is it highly scarce, it is entirely untraceable by any third party. No other store of value, including Bitcoin, provides the ability to anonymously hold your wealth anywhere in the world. Armed with only your seed phrase, you can literally take your private bank account anywhere without the consent or permission of anyone. It is like having an invisible stockpile of gold only you know about.

Privacy will be increasingly rare in the coming years, but the supply of Monero will barely increase. Many people understand that Monero represents the most undervalued asset in the world.

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shut down/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't. It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

https://www.reddit.com/r/MoneroMining
https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

***ADDITIONAL DISCLAIMER***

The creator of this thread has been credibly accused of being a federal agent and is a self-admitted pedophile, unironically (pic related). A "fedophile" if you will. He actively pushes all potential holders of Monero away unless they agree with only using XMR in bartering scenarios. He will use straw manning tactics against anyone who advocates for saving their wealth in XMR. Anyone suggesting that Monero can preserve and hide their wealth will be called a "grifter", "moonfag", or any of several other slurs intended to end the conversation.

These tactics support the state apparatus directly by denying Monero the notoriety it deserves. Widespread use of Monero, especially through wealth preservation, starves the state of key financial information and tax farming. Pretending there is only one "legitimate" use of Monero (bake sales at Porcfest) while shunning any other uses foments fake division, a favorite strategy of the intelligence community.

Remember that many authors (W. Rees-Mogg, The Sovereign Individual) predict that states will get increasingly "nasty" as private currencies threaten their power of surveillance. The OP has strategically installed himself as the self-appointed "leader" of Monero on this board, but has no such authority to tell you how to use the best currency ever invented.

Reporting in, God bless.

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

Never forget what this is ultimately all about. Don't be a HODLtard.

https://archive.is/YBnPG
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://xmrbazaar.com/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/?t=service&q=&xmr=on

>Shop on Amazon with XMR!
https://monezon.com
https://peershop.app

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Anonymous burner phone numbers
https://silent.link/

>Monero-only VPS hosting
https://kyun.host/

>Win XMR!
https://monero.vegas/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Alias Market #
>Asur Market
>Babylon #
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>DrugTown #
>Drugula #
>FilthyFellas
>Gofish Market #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fF95wTNi


Anonymously exchange BTC for XMR using a reputable darknet service

>Infinity Project
https://pastebin.com/raw/75mVpfED

or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me
https://unstoppableswap.net
http://basicswapdex.com


>Want to support further development?
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan?
https://www.monerochan.art/

>How to *safely* acquire, store and spend XMR

An optimal XMR user set-up involves 2 separate wallets: an offline cold wallet (savings account) and an online hot wallet (chequing account) for everyday spending. XMR amounts larger than a few hundred dollars worth should not be stored on a hot wallet for obvious reasons. So ideally, you'll want to direct all payments/donations to your cold wallet by default and then transfer smaller amounts over to your hot wallet as necessary.

Relying on 3rd party hardware wallets comes with certain security caveats so they are not recommended. Instead, its surprisingly easy to engineer a very robust storage solution yourself using readily available hardware: a laptop and a smartphone.

>Laptop

This will be running Featherwallet and must be *permanently* disabled from ever connecting to the internet again! That means physically removing the M.2 Bluetooth/Wi-Fi card and gumming up the ethernet port with superglue.

OS should be Linux rather than Windows, preferably a Debian-based lightweight distro. Encrypting the relevant user directory with LUKS is recommended but not essential.

It must have a functional webcam.


>Smartphone

This can be your primary device. It will host both your hot wallet e.g. Cake, Monerujo, etc and the NERO view-only wallet that is paired with your laptop.

To set everything up: https://4rkal.com/posts/feathernero/

NOTE: if you don't have a laptop you can use another smartphone and install the ANON wallet onto it, its essentially the same thing but with somewhat weaker security guarantees. Video guide: https://www.youtube.com/watch?v=oJqYzZyqyno

>In a nutshell

- you accept all (substantial) payments to your cold wallet.
- you monitor incoming payments on NERO.
- you initiate the transfer of funds from your cold wallet to hot wallet on NERO and sign the TX on your laptop via QR codes.
- you spend the funds and help grow the XMR economy.


FYI this is the most secure storage solution currently available.

It’s fucking over. Monero LOST

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.

>>60768563
>is a self-admitted pedophile

lol I sure do enjoy reminding everybody what a disingenuous faggot you are.

>>60768590
Maybe instead of seething over Bitcoin you could write an OP post addressing the obvious issues with CPU only mining and the anti-saving ideology that has damaged this network.

>>60768615
He can’t. He’s a fed and a pedophile. He won’t ever do anything to help the network

i do not want monero to become one of those coins that can only be mined like this

>>60768677
Mining like that was comfy as fuck, accessible to the average person, and easier to scale into or out of.

>>60768677
How do you stop a single autist from destroying the network

>>60768715
yeah but now the gpus cost thousands

>>60768729
Which would raise the cost of producing new Monero, necessitating that revenue (price) goes up, attracting new miners and new hash rate, while pricing out Qubic from using cheap hardware to attack the network. The network being secure is more important than if you personally can mine Monero. Why don't you just take all the money you're spending on electricity to mine and buy Monero directly instead?

>>60768748
>while pricing out Qubic from using cheap hardware to attack the network
now other players with tons of gpus on their hands are attacking the network. well done genius.

>>60768757
I never saw PoW ETH get obliterated by a single autist. If the price to mine and revenues are higher, miners have a lot to lose by attacking the network. If the price to mine for a guy with a botnet is 0, he's got no skin in the game, his hash rate is worth much less than that of GPU miners.

>>60768677
It's also worth considering that since every other AI project runs on GPU farms that Pubic also has access to GPU farms

>>60768786
There is a lot of competition for those GPUs, no one is getting control of them for zero cost. It's not like a guy installing XMRig on all his school computers or controlling laptops owned by 1000s of grandmas who downloaded something from a bad email or a datacenter admin with a bunch CPU servers sitting idle.

>>60768795
i saw a video where someone was running a qubic miner on clore so you can even have both things happening at once

Seems like a popular idea on the GitHub page is 10x’ing fees to incentivize more honest mining and punish miners who like empty blocks.

That could be helpful and would be a quick fix. Should moon the price too.

>>60768830
Look, your basic argument here >>60768729 is that GPU mining would be too expensive for you. By that logic it would also be more expensive for Qubic. But if GPU mining isn't enough to price them out, then ASICs.

>>60768848
Well there goes the Monero vs Bitcoin argument about tail emission and long term viability as a cheaply transactable currency. Both networks will need a sizeable fee market to stay secure.

>>60768867
The fee increase wouldn’t be necessary if the price was higher. But faggots like OP have destroyed any chance of a saving culture.

If you can increase fees you can decrease them too. Once XMR is expensive there won’t need to be fees.

>>60768795
I also think the idea that OpenAI or Elon is going to secretly mine XMR with their spare cycles is bogus.
Given how low the profitability of GPU mining is, it might not even take much to make XMR the most profitable GPU coin. If you make RandomX slightly more GPU friendly I can't see anyone mining GRIN or LOLEXAMPLEHUSKYAMYcoin over XMR

>>60768889
At the very least we are now in the wack-a-mole stage of planned economies. Increasing the mandatory fee structure will cause more problems that they'll have to step in to fix, causing more problems. Haven't any of these devs read Rothbard? Von Mises? Do they not understand that fixed rates and price controls don't work? Open mining to the free market. MR will then equal MC. Imagine if we told gold mining companies that they could mine with a shovel so that everyone could participate. Gold would collapse.

>>60768921
*could only mine with a shovel

>>60768867
what you're forgetting is that a lot of people into this stuff already have the hardware so there is no extra cost hoarding up the xmr and moving on

>>60768971
The Qubic people aren't currently sitting on top of a ton of GPUs on the off chance that Monero switches to GPU mining. The people who do have GPUs are currently using it for AI. The benefits of mining Monero would have to exceed the benefits of AI, and I doubt they are currently high enough for OpenAI to give up what they're doing to attack the Monero network. If the benefits were high enough, that would mean a lot of people piling in to mine Monero at which point an attacker wouldn't have the resources needed to fuck up the network.

Just admit that you personally want to mine on your rinky dink setup and don't want any competition, which by definition means you want the network to be less secure. How much money are you spending on electricity? What's to stop you from spending that money on XMR directly instead?

Please continue to do the needful, I have buy orders at 250. Post about how it's illegal to think about digital Monero math on the computer and how it's only used for drugs and stuff.

>>60769686
talk about how a 51% will happen in just two more days and it might be even less

>>60769701
What happened to August 3rd for the 51 percent atk

>>60769701
yes, this is good. You might also mention that China banned Bitcoin again for time number 30 and they really mean it this time, remind them that crypto cannot survive this. If this fails, you can also remind people of the man who injected too much Monero that one time and had flashbacks ever since. Do not repeat what's in this image or your boss will call you into his office, I have your best interests at heart.

>>60769686
>>60769701
>>60769705
>>60769766
Explain to me why retards continue to act like this is a fake attack even after multiple of the most prolific Monero contributors have clearly called it a real threat. What is your psychology? Why do you continue to act like this is nothing?

>>60769931
idk when the valuation is still in 3figs it doesn't seem too bad. investors generally panic rush to the exit at the slightest hint of trouble

>>60769931

Oh look, the disingenuous faggot is concern trolling again.

>>60768596
ngl if ur gonna post the ss to make him look bad maybe u should crop out the part where he literally explains the joke

i wouldn't even be against monero being gpu minable at similar efficiency to cpu, but had to lol:
>already wasted money on a whole gpu shelf for eth? how dare monero not use this!
>already wasted money on bitcoin asics? how dare monero not use this!
>can't use my scrypt asic to mine bitcoin? that's not heckin' free market!
any decentralized coin at our market cap can be attacked at similar cost if it has as low miner reward. qubic can even more easily rent GPU compute or SHA-256 even. the problem has nothing to do with the specific pow algo.
>but AI competition
i bet it's not actually that much. i bet you can totally rent enough gpu to wreck a hypothetical gpu monero. i bet some schoolkids, grandmas with a virus, or even an odd rogue sysadmin aren't the 50% of the hashrate. btw cpu isn't free in a datacenter. and even if it was, you can do shit like train AI on CPU too. and it would be viable if the CPU cost was really free (it's not)

>>60768921
>duuuude just free market the fees
they already are free much as it can be. for privacy reasons, fees can't be unique amounts. they're in slots. there is a minimum fee derived from a formula so the blockchain isn't spammed. there is dynamic block size so preventing tx spam is important. you can in theory make transactions with whatever fee you want. you'd be just screwing yourself with it.

miner reward is one of the core parameters of a coin. your free market argument is retarded. it's not a market. the block reward is not decided by free market either. gold analogy is retarded. cpu is best at mining monero just like how mining equipment is best at mining gold. why? because crypto is engineered money, bitch. they made it so the cpu happens to be the best tool to mine them general purpose compute nuggets. you can still mine with a gpu, but that would be like mining with a shovel. or you can make an asic, but that would be like creating the mining equipment from scratch. retarded analogies.

>>60770169
>duuuude just free market the fees
I didn't say free market the fees. I said the failure to make a free market for hash rate is what is causing having to increase fees to compensate. Fluffypony explicitly said they chose a nonprofitable mining algorithm to make things more equitable for at home miners. The guy who was saying RandomX is socialism a few days ago was unironically right.

>>60770169
The devs are economically illiterate communists. They are the reason why the attack on Monero is feasible in the first place.

Switching algorithms or going multialgo to allow GPU mining won't help if Pubic still has the funds to pay a premium; an XMR pump and/or a Pubic dump needs to happen in tandem. Assuming their war chest isn't big enough to challenge us is what got us here in the first place.
Being merge mined just moves the threat to bitmain 51%ing us instead.
I'm beginning to see why Hybrid PoW/PoS is being proposed by Luke Parker; all the other ideas suck

What's the point of using Monero if a 51% attack is very very feasible?

Pretty much the only way to save Monero now is to temporarily increase the block rewards and transaction fees to bring more hashrate to the coin. Those are easy software changes and can be implemented quickly with low risk. That solves the immediate problem and buys time for a permanent fix. Longer term, the solution is going to be either merge mining with BTC/LTC, hybrid POS, switching to GPU mining or some combination thereof. Increasing the mining rewards for six months or so should buy enough time to get a permanent solution in place. The added inflation will be negligible in the long run and can even be reversed later.

>>60770226
>>60770234
Just because some people have this retarded take (admittedly many do) doesn't mean that RandomX is bad.

RandomX has the same economic incentives at play as (e.g.) sha256, except the barrier to entry is much lower. What this means is that we get disproportionately more security, due to random home miners, per $ emitted until the point where that niche is saturated, and it becomes profitable to make monero CPU mining farms. We just, unfortunately, aren't at that point yet.

Pubic is able to threaten our security because their current inflation (i.e. daily $ emission / security budget) is like 3x Monero's. The fact that they aren't even winning proves that implementing RandomX was a great decision.

They have a point that RandomX makes mining more egalitarian. The retarded part is that they're treating that as an end in and of itself, rather than a means to the end of stronger security.

>>60770964
>Increasing the mining rewards for six months or so should buy enough time to get a permanent solution in place
This idea is gay as hell. Doing this would permanently destroy Monero's credibility and social contract. If ""we"" as a community decide to do this, Monero deserves to go to $0.00

>>60768748
>>60768795
>>60768921
Hello. I tried to get you to reason through your argument and think for yourself in the last thread and you couldn't do it. Today I'm just going to tell you to stop talking because you don't know what you're talking about. You clearly don't understand how mining works, the game theory, or the incentives. You don't know who mines, how they mine, or why. There is no point knowing rothbard or mises or anything if you don't the the very basics of proof of work.

>>60770964
>>60771051
Changing the the block reward is not an option but raising the fee is sensible. The fees were clearly set with the expectation of higher XMR prices which haven't materialised for whatever reason.

>>60771033
The barrier to entry being lower means the cost to mine is lower means more people can mine and sell at a lower price, suppressing the price which results in less security, as the price to "buy out" those miners is lower.

Also, as given in this essay https://archive.is/u4Axq Monero mining makes up a tiny fraction of the CPUs available in the world, so it's easier to marshal needed to attack the network. This would probably also be the case with GPUs though, and SHA256 ASICs might be no better as it would give Bitcoiners the chance to attack Monero. An algo with it's own specific ASIC not currently dominated by another chain might be the best long term path.

>until the point where that niche is saturated, and it becomes profitable to make monero CPU mining farms
Mining revenues are still lower than they were in early 2017. I'm iffy on whether that point can be reached under the current approach to mining.

>The fact that they aren't even winning
A single autist getting 40% of the hash rate in a few weeks is more winning for Qubic than I'm comfortable with

>>60770964
>merge mining with BTC/LTC
DOGE can get away with this because the state has no reason to tell the biggest LTC pools to reject DOGE txs to remain OFAC compliant. XMR isn't going to get the same treatment.

i love wownerochan desu

>>60771621
>more people can mine and sell at a lower price, suppressing the price which results in less security
No. The same number of coins is emitted per day regardless of whether it's ASICs or CPUs mining it. If anything, ideological CPU miners are more likely to hodl than sell. ASIC miners are business men (not a bad thing) who will immediately dump for USD.
>I'm iffy on whether that point can be reached under the current approach to mining
It's an economic guarantee that it can be reached. The question is simply whether the price will rise enough to reach it.
>A single autist getting 40% of the hash rate in a few weeks is more winning for Qubic than I'm comfortable with
Agreed, but RandomX is demonstrating its effectiveness if Qubic can have a 3x higher $ emission but cannot even match our hashpower. Monero is only vulnerable in the first place because its market cap is disproportionately low compared to the interest it garners for attackers, especially since we already have a low monetary inflation rate (like 0.8%).
>An algo with it's own specific ASIC not currently dominated by another chain might be the best long term path
This is a good point, but CPU mining still wins out for our purposes imo. ASIC farms and manufacturers provide the literal perfect opportunities for seizure, not to mention that like I said CPUs give us better security per dollar. Since Monero still has a low market cap, yes, it might be more attractive to drive-by attackers like Qubic. Even this is questionable though, since our higher security per dollar helps offset that. But regardless, it makes us much more resistant to well-coordinated attacks, which is imo the much larger threat for us in the long term.

I think the only real solution to this is to have a defense against 51% attacks on the protocol level, like a finality layer or something. Otherwise we stand no chance against serious attacks. I'm not sure how active you are on IRC/matrix, but there's some ideas being discussed.

>>60771745
one day you will learn that deterrence works, as well as competition

So the miner reward is too low? Jack shit to do with what algorithm. If I set up a Bitcoin mining pool and I pay mining rewards but also my bonus shitcoin, what prevents me from taking over Bitcoin?

>>60770226
But there is a hash free market? They just set the reward too low so the CPU market made less Monero hashes. There is a balance between miner reward vs coin macroeconomics. It's a choice that has to be made to set the field for the free market in the first place. They chose too low for how low this coin stayed. They thought it would go up. Smaller mcap coins require a higher share of miner subsidy to secure them.

>>60770234
RandomX is communism but SHA-256 or Ethash are totally fine, really?
Halfway right though: If people want to keep their private internet money thingie, they better be willing to go through some trouble for it. Bitcoin was like this when it was small too.

>>60771621
So the solution is to create a controlled mining market to keep people from mining unless they pay an entry tax to the ASIC cartel? Basically an ASIC cartel permission layer. At that point just switch to PoS. At least the money will be staked then. That means even more number go up. I just don't buy this barrier to entry argument. Zero cost mining opportunity is limited. I think it's just the miner reward being set too low.

>>60770628
Does anyone know if you can have PoW+PoS while preserving what to me are the Monero core values of privacy and an average computer power user being able to run all the aspects of Monero? Will I be able to stake from my wallet and run it on my node at my home? If it needs individual nodes to have 10000% giga uptime or lose your shit, that sucks. Can PoS not punish you if your node goes down?

>>60770782
Then do it.

>>60771334
This chart pretty much tells everything you need to know.

watch as nothing happens

>>60771745
>ASIC farms and manufacturers provide the literal perfect opportunities for seizure

Something the pro-ASIC crowd conveniently ignores. A POW security model that relies on specialized imported hardware nobody else has a use for is always just one policy shift away from getting pwn3d. You don't even need to 51% attack BTC to cripple the network, you simply enforce an embargo on ASIC importation/distribution and wait for the old ones to burn out. Any willing miners will eventually be forced back to mining on CPUs and GPUs, which will *drastically* weaken security on account of the inefficiencies involved: a top-tier GPU (e.g. RTX 4090) might manage ~1 GH/s on SHA-256, that's over 100K times slower than a modern ASIC. CPUs are even worse, measured in MH/s, a million-fold slower than ASICs. And that doesn't take into account the significantly greater power consumption, mining on CPU/GPU at today’s difficulty means you burn vastly more $$$ in electricity than you’d ever earn in block rewards or transaction fees.

Or if you want to speed things up you also cut off the power supply to industrial mining farms. And if you really want to make a point you conduct a coordinated global raid on said mining farms and commandeer the hardware to attack the network. All this is why the BTC mining sector lobbies so hard for concessions, they're forever begging the State for mercy because they know they're forever sitting ducks.

And that's an understated advantage of mining on general-purpose hardware: coupled with Tor/I2P it enables truly anonymous at-home mining, which is critical should mining XMR ever become legally hazardous.

Bottom-line: we can't afford Monero's POW security model to depend on permissioned access to specialized hardware, general-purpose is the only way.

>>60771984
>Does anyone know if you can have PoW+PoS while preserving what to me are the Monero core values of privacy and an average computer power user being able to run all the aspects of Monero? Will I be able to stake from my wallet and run it on my node at my home? If it needs individual nodes to have 10000% giga uptime or lose your shit, that sucks. Can PoS not punish you if your node goes down?

https://github.com/monero-project/research-lab/issues/135
TLDR: Yes. Look up how Decred works.

>>60771621
and thats a good thing, giving the 1% ability to hoard the majority of wealth isn't working so great for capitalism either. slowly but surely the entire thing is falling apart

Why don't we proofmaxx Monero?

Each block has to have the approval of at least 3 of:
-CPU mining
-GPU mining
-ASIC mining
-PoS validator

Reward equally split between the algorithms that signed the block. Multiple layers of defense.

>>60772335
very complicated. even with a PoS finality layer there is the question of "why not go full PoS, then?"

not good for Monero's narrative, and its confidence on its Proof of Work concept. If we were going to have a PoS layer why did we even switch to randomx? We were led to believe that randomx would be a solution, but today we are discussing yet again another consensus change

huh did you notice that moonero price increase

>>60772352
>even with a PoS finality layer there is the question of "why not go full PoS, then?"

Because full PoS is just ASIC mining with less steps.

>If we were going to have a PoS layer why did we even switch to randomx? We were led to believe that randomx would be a solution, but today we are discussing yet again another consensus change
RandomX was made to to solve the ASIC problem, which it solved hand over fist. It was not supposed to solve irrational actors willing to (technically) overpay for hash rate; to do that we need a separate tool. Hybrid PoW/PoS is one way.
Personally I'm a fan of #98 and I'm confused as to why this wasn't implemented years ago
https://github.com/monero-project/research-lab/issues/98

>>60771193
>and life has never been worse
would be a better fit, because we need dystopian privacy tech to shield ourselves from the government's prying eyes while they actively punish people should they find out you have an xmr wallet

>>60771193
but saar you just gave the privacy away by admitting you have it

XmrBazaar is fundraising, throw em a couple of bucks (or more) if you can afford it, they're doing the Lord's work over there.

>XmrBazaar is peer-to-peer and non-custodial, meaning that XmrBazaar never touches funds and does not take any fees. It's also 100% free to post a listing.

https://xmrbazaar.com/fundraiser/

>>60772592
>privacy tech
a tool

>>60772639
The front page is filled with vaginas.

>>60772639
wow theres a lot more stuff for sale all of sudden

>>60770964
>increase the block rewards
Absolutely not
>and transaction fees
Maybe

>>60772067
Who the fuck cares if nothing happens? So what cum-from-behind feels some pangs of guilt about fucking with Monero or doesn’t quite have enough hash to get to 51%? Who gives a fuck? This whole situation proved that a single autist could get really fucking close to destroying the chain, even if he doesn’t actually go through with it.

That’s a major fucking problem retard

>>60772591
Why aren't they implementing this?

>>60773177
Block rewards: Yeah this would alter the inflation rate. A macroeconomic pillar of the coin.
TX fees: Were already adjusted a lot. Last time because it was too low and the network was getting TX spammed (potential privacy issue). Basically a transaction should not cost less than 1 cent or even 10.

>monerod[1188]: 2025-08-11 15:32:37.966 W There were 22 blocks in the last 90 minutes, there might be large hash rate changes, or we might be partitioned, cut off from the Monero network or under attack, or your computer's time is off. Or it could be just sheer bad luck.
it's over
>p2pool[1190]: 2025-08-11 15:33:41.9919 P2Pool BLOCK FOUND: main chain block at height 3475598 was mined by someone else in this p2pool
we're back!

>>60773342
why does he hate monero so much anyway

>>60773013
>wow theres a lot more stuff for sale all of sudden

Yeah, there's more and more merchants on there every day. Very promising.

The Monero grey market economy is growing, slowly but surely. Now its all about expanding the selection and raising awareness.

And on that note, Neroshop is launching soon! Its a pretty big deal as this will finally enable anybody to run their own P2P storefront over I2P safely and securely. With this and similar platforms, earning XMR directly and anonymously actually becomes feasible for the average person. Countless competitively priced goods & services can be listed to entice consumers and continuously grow the Monero economy.

The anonymity factor should hopefully attract smugglers of all stripes, if they start listing high-demand consumer goods at sub-retail prices normies will definitely take notice.

I'm pretty confident that these Monero grey markets are what will fuel the coming Monero boom. Can't go shopping without buying XMR first.

>>60773478
oh boy the joos will be so mad if their geo pricing schemes get hit :)

>>60773254
Probably a lack of knowledge. For example:
https://github.com/monero-project/research-lab/issues/136#issuecomment-3172923188
Apparently there's been an answer to combat selfish mining all along.

>>60773560
thankfully it looks like there is work being done now:
https://github.com/monero-project/research-lab/issues/98#issuecomment-3175697126

If you guys just hodl more, the price MUST pump

I may have fried my computer trying to save Monero. It randomly resets once in a while now. I normally always mine, but not in the hottest days of the year. The CPU was running at 84-89C for days. On paper this should be totally safe actually, but maybe it's the mobo components or something. Tried to ease a bunch of settings in the BIOS even though they were stable for years. Still resets.

Finally trying a -100mV voltage offset. In the meantime, I'm suing Monero for the damages. Buy me a Threadripper:
8BxjUVPgDMdFeGTTWW4D2qNE1oW3VLqtY64XPox7EkZKXusJTZRYUg2hU95d6zXJDEWXS4HUnihR26aNwmZUxaz991dJgcN

>>60773762
sorry, no refunds

88NTrBWeapUWhwwvTqiwyx6VWqpraLKVqNTJjFh3PpdvBVPCNi9ghx3ThWhwTYaY3ZJLFjsjViQWiBQWe51SUT4rD29UphN

Israel destroying fund

>>60773762
you need proper cooling for constant loads. not some crappy temu thing thats just plastic with metal paint

>>60773762
CPUs degrade with heat due to electromigration. A chip's lifespan halves for every consistent 10C increase in operating temperature. The people telling you to just mine with your desktop computer are idiots.

>>60773924
Normally I have good-ish cooling and it never exceeds 75C at max load at silent fan settings. Now I had an outdoors grade fan pointed at it too. Still got high temp. The weather was just too hot. The room itself hot very hot too. I suspect the thermal paste has gone bad. Maybe it's preventing heat transfer. I need to upgrade to the liquid metal meme maybe.

>>60773958
shouldn't they throttle or even shut down if its too hot. here the temps got to 30 and i haven't noticed any differences

>>60773958
Liquid metal is amazing if you don't fuck it up. On my laptop it reduces temps by almost 20C while boosting higher compared to the stock paste. The heat spreader on desktop CPUs probably makes it less effective though.

Why don't the Monero 'good guys' just buy some more CPU's?

>>60774071
Barrier to entry is too high. XMR should only be mined on TI83 calculators

I have been noticing more than usual reorgs on my monerod logs. Anybody noticing this too?

No computer resets since setting a -100mV (maximum) voltage offset. I think it's the mobo not being able to deliver the necessary volts and watts or something when it gets hot, because it's the most sussy ohio grimance part of my build.

This also reduced the temperature to 75C. Less hashrate of course but a surprisingly little reduction actually. I should have done this in the first place for summer mining.

>>60773988
That's why I'm think it's not the CPU but the mobo.

>>60774093
It is unacceptable that the coin depends on internet or computers which can be taken down. This is why we need abacus proof of calculation and avian carriers support.

>>60774447
>>60773342
My logs say 7 reorgs in last 1.5 hours. Last one 10 minutes ago.

>>60774472
>My logs say 7 reorgs in last 1.5 hours. Last one 10 minutes ago.
Yep, same here as well. Don't remember seeing this many reorgs before desu.

Anyways, the deepest reorg is 2 blocks so far. As long as we don't have a deep one (like 6, or even 10) nothing to be alarmed about.

>>60774482
If you look here:
https://moneroconsensus.info
They're mining double blocks, which is part of a selfish mining strategy that if they go above 33% should give them an income advantage over honest pools. Devs were also talking about fixing that.

>>60774502
>They're mining double blocks, which is part of a selfish mining strategy
yep, that's what I thought as well. Let's see if Monero's honest miners and the accompanying game theory can economically punish the attacker in the near term.

Sorry but this is pathetic. This whole fucking thing is pathetic. Monero is marketed as this revolutionary currency that is “””””battle tested””””” and can overcome any censorship challenge.

Yet here is one single decently funded faggot who is at the VERY LEAST taking Monero until the final whistle and will either win with a 51% attack or just barely lose.

How the fuck are you not ashamed of the state of this network? If this guy had paired up with just ONE MORE well funded autist there would be no match. And you faggots want to pretend you’re ready to contend with nation states? We have people ITT who sit there and pretend they’re not in any position to compromise on anything to do with the consensus or fee structure? Are you fucking paying attention to anything?

>>60774720
>If this guy had paired up with just ONE MORE well funded autist
be the change you want to see

monero really is the currency of the future https://www.youtube.com/watch?v=wUFZDmVjV78

>>60774720

Oh look, yet another overly-alarmist concern troll.

>>60775065
>concern troll, concern troll, anyone who wants to make Monero better is a concern troll
We've been talking about these issues for years but were always ignored or shouted down by you pie in the sky idealists who think economics don't apply to you. Now that there's been a substantial attack, more people are supporting our points that you should have taken seriously 5 years ago.

>>60775092
>a substantial attack

Not great, not terrible either. Turns out actually achieving 51% control of the network is way harder than it seems.

Now, this doesn't mean optimizations aren't warranted. But there's no cause for all this doom & gloom alarmist rhetoric either.

>>60775186
Come off it, for years anons in these threads have been doomer alarmists about three Bitcoin pools having >50% of their hash rate. When minexmr had 44% of the hash there was a big to do about it, despite them not being malicious. But now that there's an actual threat you people are in full damage control mode.

>>60775420
Based. I hope there are more stressors in the future. If this coins is going to make it, there have to be. I don't believe a single coin made to the top free of intense challenge and controversy. Just LARPing as a hard-ass isn't enough. The Chud is doing God's work here. Willingly or unwittingly, everyone is playing their role in the inevitability of Monero (private decentralized internet money).

The best thing about Monero is, looking back at all the past advancements, it actually does meaningfully improve things and moves forward throughout the cycles. Very far from dead. Most coins are nothing like that. The future is bright too: mining fixes, potential finality layer, FCMP++... Monero just needs to be forced to move to this future. The chud has been assigned this thankless but crucial role.

Even the part right now where you need to mine thanklessly just because you believe in the need for private and decentralized internet money, even that part plays a purpose to cement the "obvious inevitability in hindsight" that will make people say "Of course one monero is worth the million dollars it has been for a while now. Haha, yes it's crazy how it was nothing back in the day and even almost died. Yet it somehow kept going. Man, only if back then I knew..."

BTW insane shit is happening on the blockchain right now.

>>60774720
The best thing to come out of this is that it answers a question:
No, the XMR community cannot handle an attack from a nation state actor yet; we forgot the part where such an actor is not going to act rationally

>>60775525
then why isn't the price falling more?

>>60775525
I’m not well versed on how it’s supposed to look but based on

>https://moneroconsensus.info/

It literally looks like “unknown” (Qubic) is winning the battle of each orphan block and boxing out all of the legitimate pools. We may literally have already suffered a 51%

>>60775616
>We may literally have already suffered a 51%
It's called selfish mining. Please literally look it up before doomposting

>>60775616
im surprised it hasn't crashed in value yet and who are all these people that keep supporting attacks against other coins

>>60775697
Some guy just doomposted on /g/, so I had to check the situation out here. I am going to be honest, I am a total brainlet on this stuff. So can a big brain please tell me if it's happening? Is monero getting pwnd?

>>60775708
im more curious who is burning millions of money to keep qubic valuation so high? shitcoins normally crash fast but this is not dumping like it should

>>60775708
it's over, but no one wants to admit it
>Monero
>2013-2025

>>60775778
I knew the glowniggers were gonna kill it. They can bankrolll high IQ people to work on it 24/7.

>>60775790
The devs killed/are killing it by ignoring basic economics. "Oh wow everyone will just mine at a loss like it's a netflix subscription" while we all hold hands in agoraland"

>>60775700
Unironically bots and 'monero killer' supporters (dero, pirate chain, etc)

>>60775708
>Is monero getting pwnd?
Simple answer: no
Technical answer: not really. Selfish mining is a possible thing in any PoW chain, but Monero is particularly vulnerable due to a variety of reasons

i hate the random spam filters exclusive to this board

>>60775799
there is no other good anon currency option with comparable liquidity. even with btc the wasabi wallet is expensive to use and not as safe or fast.

>>60775799
we still have wownero

>>60772639
please add wownero to xmrbazaar!

Will it go to 0 if a 51% attack is successful? And how much XMR should I buy if it does?

Honeslty XMR community deserves this for thinking price security isn't network security

>>60776146
how would you even buy if that happens lol

zcash won
you will own ethereum and you will be happy

>>60775708
https://x.com/monerobull/status/1955044886232666202

>>60776347
so monero is over ? capeesh ? done for ?

>>60776175
Nobody deserves it more than the fed pedo OP. Imagine thinking some fucking faggy bake sale is going to protect you from even the easiest coordinated attack.

>>60776204
all the privacy coins are going down
dash
zec
xmr
torn

>>60771033
>Just because some people have this retarded take (admittedly many do) doesn't mean that RandomX is bad.
hyc is Howard Chu, the creator of RandomX. The guy who made the mining algorithm that Monero runs on thinks that miners providing security isn't a service and they shouldn't be compensated for it. No wonder things are going to shit right now.

>>60776425
Your entire security model is created by this fat retard who would rather be playing violin with his drum circle friends

Fatwa when?

pic rel
can't post cuz
Error: Our system thinks your post is spam. Please reformat and try again.

>>60776425
Holy fucking shit it’s so fucking over

>>60774472
>I should have done this in the first place for summer mining.
For all mining. It's more efficient to undervolt and CPUs are more more stable at lower temperatures, letting you push the undervolt+overclock even further. If you've ever tried to optimise you'd see it's a no brainer.

>>60776455
The worst part is him implying that if miners aren't willing to pay for the privilege of securing the network then it's unsustainable and will cease to exist. He could have spent 5 minutes reading "baby's first economics" to learn what supply and demand are. These communists need to be purged. No wonder Riccardo stepped down.

>>60774720
>>60775065
Is it true?

Would Monero for sanctions busting boost the price?

>>60776425
I'm aware. Hyc has all sorts of other bad takes too. Him being economically illiterate is not relevant to the quality of RandomX or the soundness of CPU mining.

Einstein was also a retard in everything except his academics field(s). Does that mean his work is worthless too? From wiki:
>Einstein's political view was in favor of socialism
>"In Lenin I honor a man, who in total sacrifice of his own person has committed his entire energy to realizing social justice. I do not find his methods advisable. One thing is certain, however: men like him are the guardians and renewers of mankind's conscience"
>He strongly advocated the idea of a democratic global government

People can be extremely intelligent and capable in one field, but a bumbling retard in another.

>>60776488
Except the field he's supposedly great in is "design the economic security infrastructure of Monero" which he obviously knows nothing about. The devs went out of their way to separate mining from normal economic incentives. At least SHA256 is simple: may the best, most hash efficient hardware win. It turned out ASICs were the most efficient at converting watts to hashes. Howard & co decided beforehand what hardware they wanted people to use, not based on an assessment of efficiency or profit or security but on egalitarianism. And it turns out when you design a system based on a socialist concept like equality, economically it doesn't work.

>>60776455
will monero crash bring down the crypto market ?

>>60776624
no

>>60774720
>a 51% attack
HE'S ATTACKING SOMEONE, NOT MONERO
DO YOU RETARDS EVEN KNOW WHAT A DOUBLE SPEND IS?

>>60776340
the question is
WHO IS HE TRYING TO ROB
has anyone seen a double spend on the reorg?

>>60776504
Holy fuck dude you are so retarded just shut the fuck up. You literally do not understand the first thing about proof of work. Proof of work is not efficient. The entire point is that it's inefficient. Miners must prove that they wasted energy. Hash power only needs to be measured against the hash power of others on the same mining algorithm. Targeting CPUs is a good idea because anyone with a CPU can use it to waste energy and get XMR. If you don't target hardware like that then the competition becomes less about wasting energy, which many people can do, and more about making the most efficient hardware, which very few people can do - thus centralising mining (centralised (eg >51%) mining being the very problem people are worried about right now).

Targeting CPUs was not HYC's idea, it was a foundational part of Monero. Eventually ASIC makers found a way around it. No one wanted that. HYC came up with the fix that is RandomX. It works very well to this day. HYC also created LMDB, the fastest database in the world. Monero adopted it because since a blockchain is essentially a database, using the fastest one makes sense. LMDB is what made it possible for Monero to run on storage instead of in RAM only. Howard's work has been critical for Monero and his SJW takes are irrelevant. Even more irrelevant are your "libertarian" takes because you have literally NO IDEA how Monero, PoW, and blockchains in general work.

>>60776659
but it seems the xmr attack is coordinated with the release of CPI tomorrow

>>60776716
Way to seethe but fluffypony said straight out that RandomX was adopted to opt out of the NGU model and mine because it's "good", not profitable. A economy where a small fraction of the world's CPUs are used to mine Monero, many of which are low cost botnets, is very different from an economy that uses high cost ASICs. If you can't figure out that RandomX and SHA256 result in completely different economies for security, then I don't know how to help you. Until you get the slightest clue about how economics work I'm just going to tell you to stop talking because you don't know what you're talking about.

>>60776752
Asic hangars are sitting ducks. Open to govt confiscation, customs bans, etc.

>>60776757
There are now small, home use Asics that have better power efficiency of than many of the large units. You're getting your precious equitable access, while still not having to worry about a bunch of cheap botnets or extra CPUs getting brought in to attack the network.

>>60776752
>not profitable
Yeah, not profitable to scale up a massive (centralised) mining operation. The profitability is in small pockets of unused compute that are spread all over the world (decentralised).

You're an absolute fucking mongoloid. Go debate on r/communism or something if you can't figure out blockchains.

>>60776763
>power efficiency of than many of the large units
Nothing stops the hangar owning miners to buy your "home mining" equipment and fill up their hangars with it.

>dumps
>dumps
>dumps
>dumps again
>this is good because moonboys bad

>>60776673
an attack on the integrity of the network is an attack on the network retard

>>60776780
No one stops you from buying it either.

And when did we decide that equitable access to mining equipment is a good in and of itself? Nothing is equitable, not land ownership, not the distribution of money, not the number of dicks OP has sucked relative to the rest of us. Any time people seek equity as a goal, it blows up spectacularly. I care about the network being secure first, and not obliterated by a single autist. Monero has the most equitable miner distribution of any cryptocurrency, and that has done fuck all for security.

>>60776763
>There are now small, home use Asics that have better power efficiency of than many of the large units. You're getting your precious equitable access

These super efficient ASICs would still have to be imported into the country first, genius. And that doesn't happen without the govt's approval.

ASIC mining = permissioned mining = fuck that.

>>60776794
>No one stops you from buying it either
I cannot buy a hangar-filling amounts. I cannot cut backroom deals with industrialists and the politicians. I cannot get multi-year contracts on eletctricity pricing from hydropower plants.

>>60776803
At the rate things are going soon you'll be asking Qubic permission to mine. Right now Monero mining is more centralized than the ASIC chains, but hey, at least you have your bake sale and drum circles.

Fucking hippies

>>60776815
>Right now Monero mining is more centralized than the ASIC chains
Quit pulling shit out of your ass.

>>60776815

>Trust me, bro, I understand these things better than the MRL guys, who are totally all communists btw

>>60776803
>ASIC mining = permissioned mining
backed by greed and political power, unbeatable
>CPU mining = equitable mining
backed by delusions, cannot be secure

>>60776818
A single pool is well on its way to having 51% of the hash rate. At this rate things will be worse than fucking Bitcoin Cash, in pool decentralization and security as well as price. Despite Monero having consistently more transactions.

>>60776821
You OG niggers have spent years pissing your pants about how price and making money is bad and how bake sales should take priority over greed and rational economic incentives. Of course you're fucking communists. Even if you dress it up with words like agorism and circular economy.

>>60776794
Centralised systems always seem better until the party with all the power does something you don't like. You're welcome to use Fedgovcoin or Bitmaincoin if you want a benevolent ruler keeping things steady but Monero is trying something else.

>>60776833
I care about the price and it should be higher for a better security, but the way to getting there is not switching to asics

>>60776823
>political power

Governments hate legit cypherpunk tech. BTC is tolerable because its not a threat. Monero, on the other hand, is.

>>60776834
You know, the devs themselves have a shit ton of control over what happens with Monero, they make it permissioned in a way. If they collectively pushed for PoW+PoS, or a finality layer, or requiring miners sample historical chain data, they'll probably get their way. I have no idea what the protocol will look like in 5 or 10 years because it largely depends on whatever they, the benevolent ruling council, want.

>>60776853
Monero has always developed based on end goals rather than specific techniques. The protocol has changed a lot over its history and future changes have always been expected. FCMPP is the latest example. Devs have influence but no final say on what people choose to run. Their position is dependent on their benevolence.

FYI for any lurkers worrying about whether to panic or not:

1. don't take your cues from 4chan or Twitter, which are awash with concern trolls and Pubic operatives spreading panic and disinformation
2. r/Monero, r/MoneroMining and the MRL room are where you'll get the most level-headed info

As more and more MoneroChads heed the call to arms, the chances of a successful 51% attack will keep dropping, and they're already considered low as per the MRL guys.

If you want to pile on the hashrate and help:

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab.
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

>>60776888
checked and based. as long as the devs cannot mess with macroeconomics of monero, I am open and willing to adopting protocol upgrades offering better privacy.
>>60776895
>2. r/Monero, r/MoneroMining and the MRL room are where you'll get the most level-headed info
I wish we were not so much dependent on leddit. It has a cancerous censorship (not about monero subreddits but about you cannot post anonymously on reddit). How's the monero discourse on monero.town so far? Were we successful in creating a new platform for monero discourse there?

Speaking of economic incentives, here's something cool.

A based agorist running a business where XMR is the primary source of income has felt compelled to rent 1 MH/s to thwart the attack. His reasoning:

>This is just a big deal for us because Monero has typically been most of our business, and is really the only sensible crypto someone will use to rent servers. Hoping that if enough people pitch in and burn some money, we can make it too expensive for Qubic to continue.
>We've been fortunate to have some really generous customers over the years to allow us to this. It would be so harmful for all of us for Monero to have any lasting negative impact from Qubic's stunt.

https://www.reddit.com/r/MoneroMining/comments/1mnqq11/renting_1mhs_to_try_and_slow_down_qubic/

Makes sense that business owners with a stake in Monero's operability would feel threatened by this attempt and pitch in. On a grander scale they could constitute a kind of army reserve that can be counted upon in times of need.

>>60776504
Maybe that's his claimed field, but in practice his field is designing an ASIC resistant algo. Him being monetary king or whatever doesn't overrule economics. See my posts from earlier.

XMR price is crashing. Sad that this experiment is over.

>>60777112
tomorrow is da day nigger

>>60777112
>Sad that this experiment is over.

Aaaaand another one.

>>60777117
lol
get help

Is there actually some shitcoin mining software that mines XMR in parallel and then sells the mined XMR to pump their own shitcoin?

>>60777130
>Just asking questions.

wow, the Pubic operatives are working extra hard today! Keep bumping the thread, faggots.

>>60777140
So you're just sitting there and accept the cuckoldry? Not very manly of you.
I was expecting the monero hackers to create a mining client that does the same thing in reverse or at least try to find exploits in their node.

I am... Confused, all over twitter qubic is screaming how they achieved a 55% hashrate yadayadayada but on all other hash pools I've seen the "random" hash rate has stayed between 15-30%. Even now they claim to have 48% which literally cannot be found anywhere else but their own site. Can someone more knowledgeable explain what's happening

>>60777174
idgi either i think it's just the shills and kikes doing the usual

>>60776895
So are the qubic threads just a troll or is there really an attack?

first time into this thread and curious on all the recent events, so whats the why to longterm 51%'ing a chain?

am I right in thinking once you have majority the advantage is you effectively nullify all other miners income? (by ophaning them) thus they shut down or move to you

This is qubic.org own reported hashrate. They are apparently always contansly at 48% and "ready for takeover".

They disabled their api so public hashrates like miningpools can't accurately see what the actual percentage, so can't they just larp and say the number is whatever they want?

>>60775829
Governments. There is no one more interesting in shutting down monero than the US government and EU governments, etc. This is a state sponsored attack and it's so obvious.

>>60777174
>literally cannot be found anywhere else but their own site.

You've answered your own question. Fake & gay news.

And now you know why those that actually understand aren't freaking out.

Keep mining and relax.

>>60777193
I mean this is a pretty serious case of disinformation, I know people that have personally sold because they dont know what's going on and don't want to lose it all.

>>60776425
but they are being compensated now? what you are shilling for is a model where only those with deep pockets would get compensated

>>60777206
I guess your friends will regret it if/when this blows over and the price returns to where it was a few weeks ago

>>60777181
>So are the qubic threads just a troll or is there really an attack?

It's all a glorified publicity stunt.

They're attempting a 51% attack but failing to reach their stated goal as more and more MoneroChads start piling into the fight.

So now they've resorted to flat-out lying about how close they are to hitting 51%. Pay no mind and keep mining, this'll blow over soon.

>>60777182
bump

>>60777229
>glorified publicity stunt
>7-block reorg and getting more often

Do you also cry yourself to sleep while telling yourself that XMR price dumping to zero is a good thing?

Is Monero dead? Should I buy Zcash?

>>60777289

lol nice try.

>>60777289
>and getting more often
source?
here's my counter source: https://xcancel.com/xenumonero/status/1955206813227303089#m

>>60777294

>Is Monero dead?

Clearly!

>Should I buy Zcash?

Yes, compliant cypherpunk tech is the future.

PPPFFFFFFFFFFFFFTHAHAHAHAHAHAHAHA, how the fuck are XMR maxipads losing

>>60777307
>lemme pick and choose the graph to paint a narrative
you are nigger.
https://moneroconsensus.info/ :: 60 (8.33%) block(s) orphaned in last 720 blocks (about 24 hours).

How do we know "unknown" is even qubic? Couldn't it just be a collection of unreported blockchains and small miners?

Why won't they re enable api reporting?

>>60777319
>Why won't they re enable api reporting?
they are pussies
why did qubic stop their reporting in the first place lol

So if I just host my own private node my transactions are still pretty much impossible to track without owning every machine and also figuring out which wallet started the transaction?

Its been a while since I looked at monero, its really cool and I hold some because I like having money thats hard to trace so I might be forgetting some details. I'm sure that you can't even see how much money is in a wallet without the viewing key let alone its transaction history, so even if somehow one whole transaction was linked to your wallet it still doesn't prove anything in the long run since so much other info simply doesn't exist in a viewable format, right?

>>60777323
>So if I just host my own private node my transactions are still pretty much impossible to track without owning every machine and also figuring out which wallet started the transaction?
Correct. With the upcoming full chain membership proofs, you will be more protected even when using remote nodes.

>below the $250 floor...
monero sisters it's over

>>60777323
>Its been a while since I looked at monero

Major privacy upgrade is happening soon, Monero is finally getting a global anonymity set.

>>60777330
sell fuck off and rope
go buy bitshit

>>60777339
I don't own any troonero

This is who is trying to rape the chain geg

>>60777343
well done, good for you. keep wasting your time in this thread.

Reject all blocks mined by qubic and let them seethe.

>>60777355

It's always the usual suspects.

So why exactly are devs not pushing an urgent hotfix to 10x the tx fees? Anyone I reach out to who used to mine Monero or is a type who could mine it always says the rewards are not worth it and they don't want to mine for free because that's cucked. It is clear Monero did not allocate enough budget to secure the network. A slow tx should never take less than 2 cents. A normal tx should never take less than 10 cents.

This lack of security budget in turn does more damage. I know there are big wealthy players who were looking for good crypto, ideally with privacy just like Monero. However when researching possible crypto options, they end up forgoing Monero because they see that the network would be too cheap to disrupt.

>>60777358
the only seethers will be XMR holders once price hits 2 digits

I’m just completely baffled that the Monero community continues to split hairs over this. Acting like it’s not a big deal that qubic “ONLY” got 34% or 43% or 47% or 51%

Who the fuck care what the actual percentage is? This single person has proven it’s capable to acquire at LEAST enough for a selfish mining attack all by himself.

Can someone please fucking explain to me how that’s NOT a cause for major alarm? Why would you be comfortable using a blockchain where literally any person with (probably) a couple million dollars could do this to you? Just as you expect miners to be ideologically motivated to mine, there are people out there motivated to attack Monero.

I honestly don’t understand the psychology of you people. It’s like we’re criticizing some favorite board game of an autistic kid and he’s just screeching instead of hearing anything.

Explain to me how a single person being able to do selfish mining isn’t a huge problem. Just do it.

>>60777310
What does that even mean?
As long as it's below 99% there is no problem just delay is that what that means?
Isn't network disruption bad for trust though

>>60777395
>Entire community seethes for 6 weeks straight over this
>"Can someone please fucking explain to me how that’s NOT a cause for major alarm?"

Hello pubic shill. Tell coom-from-behind we wish him the best

>>60777405
There are people everywhere acting like a selfish mining attack isn’t a big deal. Fuck you

>>60777403
it means keep an eye on your transaction confirmations, but don't get caught up in the fud. This is a PoW network, and reorgs and malicious reorgs are bound to happen. What else do you want? Switching to ASIC algo? Not gonna happen. Mooning XMR to 1000 USD? Start buying then. The only thing this browbeating and fudding contributes to is to the attacker's cause.

>>60777413
ITS NOT FUD YOU FUCKING FAGGOT ITS A REAL THREAT REAL PROBLEM REAL ATTACK

>>60777417
faggot ass nigger what else do you expect the community to do? there are convos going on right now about how to counter it. you are retarded coming here and shouting about ATTACK ATTACK -- go fix it then you fuck

>>60777426
I want people to stop coping about how it’s “only” 40%, how it’s “fud”, how it’s “ACKSCUALLY not technically 51%”

It’s all fucking coping and trying to minimize the issue. I don’t give a fuck if they achieve 51% or not. The proof of concept has already worked. Monero is extremely vulnerable right now and any attempt to minimize or soften the situation is helping attackers, not Monero.

>>60777413
So reorgs just mean longer confirmation? How much confirmation more to wait? This sucks though they need to fix it, people shouldn't have questions to ask that means there is a problem

>>60777442
you want this
you want that
you are BITCHING about it that's all you are doing. go fix it you BITCH

>>60777444
>How much confirmation more to wait?
the deepest reorg has been 8 so far. it was a one-time event. for now, do the 10-block conf wait as always.

>>60777450
I am fixing it by calling you a faggot

>>60777453
kek. that's all you can do anyways. powerless lil bitch coming here

>>60777417
>ITS NOT FUD YOU FUCKING FAGGOT ITS A REAL THREAT REAL PROBLEM REAL ATTACK

>>60777475
I knew it was the faggot pedo OP before even checking the ID

>>60777452
Apparently wownero has implemented solo mining, is it actually a solution or could an attacking pool adapt to it?

>>60777485
it works by making miners share their spend key with the pool. but qubic could bypass this. what monero devs were talking about is making it too bandwidth expensive to be a pool instead.

Is twitter nothing but a bot farm? Does anybody in real life use this site?

>>60777409
>>60777417
>6 weeks of crying isn't enough, why aren't they crying more!

>>60777442
>Crying about my problems solves my problems!

Lay off the onions lattes and lentil soups, post tits, or gtfo

>>60777491
Wouldn't that mess with legitimate pools? Bandwidth can be very cheap also so, unless there's some kind of automated group ddos directed to particular ips identified as malicious. I'm not even sure ddos can work against equipped attackers

How does everyone forsee this ending? They've clearly demonstrated that the network is vulnerable, even if they don't end up getting 51%, it shows that a nationstate could in an afternoon. PoS would solve this but everyone hates that for some reason. Cant go asic as the network is too small for that to be worth it.

>>60777491
>bandwidth expensive
How do you achieve that?

>>60777521
Maybe stupid question but what if monero could be dual mined with bitcoin?

>>60777521
This is my only concern. I don't believe jewbic has close to 50% but anyone with significant wealth could rape xmr easily

>>60777515
They going to make it from 1MB/day/miner to 3GB/day/miner. Bandwidth is cheap until you start to actually use it. Then it turns out every provider "reserves the right" to cuck bandwidth users and make you pay.

>>60777521
The fact that there are devs seriously pursuing a PoW+PoS gives me a glimmer of hope. But in the short term, they need to 10x the transaction fees to attract hash rate.

>>60777526
Then bitcoiners 51% lol. Also a lot of Bitcoin miners are OFAC compliant and censor blocks. Monero may get cucked there too.

>>60777515
The mining bw thing will be a discouragement but I doubt it will be a full solution to the current situation.

The concrete plan I see:
1. Increase transaction fees to make mining far more profitable.
2. Pursue PoW+PoS.

>>60777521
Proof of Stake = not real cryptocurrency.

>>60777521
Pic related is probably the quickest fix possible but I don't see this being talked about

>>60777521
>>bandwidth expensive
>How do you achieve that?
https://github.com/monero-project/research-lab/issues/98

>>60777526
>*Doesn't add your tx hash to the block chain on orders of Bill Gates*
>Heh, nothing personel kidd

>>60777521
>They've clearly demonstrated that the network is vulnerable

And we've clearly demonstrated how quickly troops can be marshaled for a counter-attack. The beauty of RandomX is that everybody already owns the necessary Monero mining hardware, its just a matter of getting them motivated enough.

Further optimizations are clearly called for but this has actually been a great showcase of Monero's resilience under pressure.

>>60777417
Not that I'm saying an actor gaining a large hash rate over the project isn't problematic, but can you outline how this de-anonymizes users in full?

>What method allows the attacker to know precise transactions and wallet amounts?
>how does it enable the attacker to de-anonymize users?

>>60777617
>can you outline how this de-anonymizes users in full?

It doesn't.

>>60777553
>Doesn't add your tx hash
you mean all blocks would be emptied and blocked by them in this case? why would that be the case if mining is expensive and profitable?

>>60777557
>some random guy getting 40% HP is g-good g-guys
I fucking hate to see this coping going on. There hasn’t been a significant “marshaling”. And it still wouldn’t stop even two rich people teaming up and pulling a qubic.

>>60777648
stop bitching here and go take action. go save monero network. being a bitchy preacher here won't do that.

>>60777648
>>some random guy getting 40% HP is g-good g-guys

Luke specifically commented on this. Getting from 40% to 51% is still a monumental undertaking because of how mining math works. Ergo the lack of hysterical panic.

Keep concern trolling though, you just keep proving the point.

lol looks like they're DDoS'ing Moneroconsensus now to supress the truth about their failed attempts.

Now I'm even more relaxed. They're getting desperate, halving is next Wednesday. Tick tock....tick tock....tick tock....

>>60777541
Two dumbest ideas on earth. Literally trying to turn monero into any other goycoin.

As is always mentioned around here, Monero is designed to be USED. Bitcoin costs $4 to send $16. That is not a model that works for our objective.

Proof of work is non-optional. Anti-ASIC mining is non-optional. Low transaction fees are non-optional.

Everything else is on the table.

If GPU mining could be introduced alongside CPU mining without ASICs taking over, then fine. But I think that’s a major concern with it.

>>60777689
>40% isn’t much
Fucking cope. Also you’re a pedo and a fed

>>60777742
>Everything else is on the table.
You fucking took everything off the table kek

>>60777757
>Fucking cope. Also you’re a pedo and a fed

Your seething rage is palpable and I love it!

>>60777727
is there any other site to track that? if not then your statement is invalid.

>>60777742
KYS retard. I did not say it should cost multiple dollars like Bitcoin today. A Monero transaction should never cost less than a cent (or 2, or even fucking 10). If you want to keep your private internet money without getting rekt, pay the fuck up. Monero's security budget is too low, thus all the shit you see now. As the market cap rises, transaction base cost can be lowered back. Small mcap coins require proportionally more security budget. You can't have a small mcap decentralized PoW coin that is sufficiently secure but also has low inflation and tx fees. Mathematically impossible. PAY THE FUCK UP.

they're leeching monero what then? doge, btc?

>>60777785

Try it yourself: https://moneroconsensus.info/

>>60777798
...and using the leeched power of miners to train their AI to achieve AGI...

this will be the crypto end game isn't it

>>60777805
>https://moneroconsensus.info/
works for me

>>60777541

>1. Increase transaction fees to make mining far more profitable.
This could easily backfire as attracting miners who are seeking profit would just drive them to pubic for their greater profits

>2. Pursue PoW+PoS
Would take 2 years minimum per Luke Parker

>>60777642
Yes. A large enough pool(s) parent chain can do all the things you're worried about on the auxiliary chain for free if they have more hash power.

>>60777819
>works for me

>>60768549 (OP)
kek, you baggie fags will learn sooner or later. This isn't 2014 or even 2021. No one holds on to crypto anymore unless you're poor waiting for a payout. You trade or convert it. It is beyond retarded to hold ANYTHING in the new market. Trade up for something better, MAKE it make money or continue to end up like this. Free financial advice for anyone willing to hear it, stop listening to poor faggots on reddit and this place desperately trying to keep you in the same spot they are in right now. They are lost and have no idea what to do with shit they've been holding longer than people have 401k's.

>>60777765
I mean i take XMR as a coin that innovates and that’s in part what gives it the edge it has. Generating a new solution to the problem is what we do best around here. These are not the only solutions in the universe to the problem at hand

However anyone shilling proof of stake is completely misguided and is subverting the project, willingly or unwillingly

>>60777840
>holds on to crypto

Wrong thread, fuckhead.

>>60777850
kek, my bad. Still applies though.

It's ogre

>>60777395
>It’s like we’re criticizing some favorite board game of an autistic kid and he’s just screeching instead of hearing anything.
You answered your own question. It's autism pure and simple. Happens to a lot of people on this board, the inability to be flexible or update your worldview in response to new information.

>>60777521
>PoS would solve this
>>60777535
>devs seriously pursuing a PoW+PoS gives me a glimmer of hope
>>60777541
>Pursue PoW+PoS.
Proof of stake is inherently centralized. People here have been making fun of zcash for years for going PoS and now you want to embrace it? What the fuck

>>60777807
How is generating a bunch of RandomX translate to "training an AI"?

>>60778216
If monero goes pos it's dead, those promoting it are parasites or people who want to kill monero for their own reasons or both

>>60778216
>>60778307
Monero needs to layer every proof that even remotely works. The attacked has to jump through many different hoops. People say CPU PoW is fucked, people say GPU PoW is fucked, people say PoS is fucked. They all need to be combined so nobody has a gotcha FUD that can alone defeat the network.

>>60778216
>Proof of stake is inherently centralized
Which makes it great for a finality layer if it's built on top of XMR, which is what is being proposed. Look up how decred works.
People claiming that XMR is going full PoS are fudding or retarded

>>60778345
Everything is fucked

PoW is fucked by simple attacks
PoW (ASIC) is fucked by centralization of hardware
PoS is fucked by centralization of money

But honestly of all these three the most pathetic is Monero. Getting destroyed by a faggot in his basement is way less respectable than getting destroyed by billionaires and sophisticated business people. At least then you’ll have felt you died against the final boss instead of the fucking level 1 enemy.

If this is the actual end of Monero and therefore of the dream of crypto, the least you can fucking do is let XMR holders get rich. I’ll go cry about losing to new ASIC miners or PoS cartel in my $10M mansion rather than dying at the hands of some faggot

>>60778392
>>60777339

kekekekek Monerotards constantly wrecked.

>>60778392
Actually the other two are far, far more pathetic as they’re not functionally any different from the central banks. Literally completely antithetical to cryptos primary purpose.

Either we find a way to make a proof of work project secure and stable against all adversaries and attacks, or we have no real ammo against the system. Fuck OFF with ASIC mining & Proof of shit.

What happened?

maybe its time for a rollback and let this idiot sit with a lot of useless effort?

>>60778392
>If this is the actual end of Monero and therefore of the dream of crypto, the least you can fucking do is let XMR holders get rich. I’ll go cry about losing to new ASIC miners or PoS cartel in my $10M mansion rather than dying at the hands of some faggot

You are half of a man. You have zero integrity and zero principles. I have seen more courage from women. Complete genetic shit. If you are not in crypto to rebel against the jewish central banking cabal and the U.S. dollar you are in the wrong place. You are a complete normie who is here to trade your crypto for goybucks and live in their decaying zip codes where there is no future. You don’t belong here. Go buy the state approved bitshit and fagthereum and fade into obscurity as a bugman while offering no solutions to the central banking POISON that has destroyed western civilization since 1913.

If you are in this shit to get rich get the FUCK OUT. 1 XMR = 1 XMR. I am never cashing out. The price is irrelevant I’m investing into the idea and the dev team. And the fact that monero is the only invention of all time that can take on the central banks since the German army of 1939.

When this gets attacked the 140 IQ chads who run this project will find a way to MAKE it work. Because they’re MEN. With BALLS. Unlike your faggot ass who is in here for money.

Pearls before swine. You’re given a ticket to potential paradise and you’re trading it for a guaranteed cruise to the Caribbean. Go to hell coward. Monero is inevitable.

>>60778656
>I’ll never put my faith in some centralized Jewish power
>puts faith in Jewish devs many of whom are anonymous
The only thing “guaranteed” about Monero is that it will fall to a single coordinated attack. Where is the paradise you refer to? Being reorged at the whims of some faggot?

>>60778656
>rebel against the jewish central banking cabal and the U.S. dollar
>faggot ass who is in here for money
>Monero is an Esperanto word which means 'coin'
I don't actually know why you are here. The only way for "Coin" in Esperanto to achieve any of that is literally for the price to sky rocket so it can become more costly for attackers. This whole thing wouldn't be possible if Esperanto Coin had 10x it's current market cap

>>60778738
>The only way for "Coin" in Esperanto to achieve any of that is literally for the price to sky rocket so it can become more costly for attackers.
Yes. Start buying. How many xmr have you bought so far?

>>60778710
>everyones a jew
>nothing is guaranteed such as the fact that you don’t know my balance, who I’ve bought from or sent money to, or anything else that poses massive problems to the central banks

>>60778738
>price needs to go up for it to be secure
Price is supposed to mean SUPPLY & DEMAND. In monero, it actually functions how it’s supposed to! If security is tied to price then there’s no security.

>>60778780
Security is a factor of hash power. Hash power is donated to the blockchain by people seeking to earn the block reward. The block reward is denominated in XMR. Therefore the price of XMR matters.

You can put your fingers in your ears and shout as I say this if you want, but Monero is not exempt to the laws of economics. The price literally unironically matters and is directly related to security. Fuck you.

lmao at shitnero and their dying crimechain

>>60778845
>The price literally unironically matters and is directly related to security. Fuck you.
Kek. How to increase the price then, professor lmao

>>60778392
>Getting destroyed
>the actual end of Monero

lol what a drama queen


> the least you can fucking do is let XMR holders get rich

Yet another reminder that moonfags don't actually care about Monero, decentralization or self-sovereignty. They're just here to leech off the efforts of others for muh gainz.

And lol at the notion that the OGs here decide when XMR gets to pump lmao

Keep stacking and hodl. How many XMR have you picked up since this shit show started?

If you hold less than 100 XMR you're part of the problem

>>60778860
Mooning would unironically help the situation

>>60778892
This. /thread

>>60778656
>140
thats pretty low IQ

this is so funny because XMRfags would criticize asic mining on bitcoin, and the btc response was that CPU mining lends itself more to centarlization

>>60778913
Your understanding of IQ is completely wrong. IQ is immeasurable above 145, and difficult to measure above 130. There are the same amount of 130s now as there was 140s in 1860 due to dysgenics. IQ above 140 are basically all estimates. Vitalik for example is around 140 IQ.

>>60778919
>this is so funny

What is funny? The 51% attack has failed to materialize, dipshit.


>XMRfags would criticize asic mining on bitcoin

Still hold true. BTC security forever remains at the mercy of the State. If Uncle Sam & Friends really wanted to cripple the BTC network they could do so with minor effort because ASIC mining requires unfettered access to specialized hardware manufactured overseas.

BTC miners = perpetual sitting ducks begging for mercy.

QUBIC IS LYING
>QUBIC IS LYING
QUBIC IS LYING
>QUBIC IS LYING

They do not have over 50% of the network's hashrate. Their entire attack plan is to convince miners that they *are* capable of pulling off a 51% attack, and to use the threat of lost profits to make miners switch from other pools to theirs. If they are successful in this disinformation campaign, they might convince enough miners to switch so that they do actually have over 50% hashrate. Then, they actually could pull off a 51% attack.

In reality, qubic had roughly 35-40% of the network's hashrate at its height. At the time of writing, it has actually declined to about 30%, but that's not the point. That's still a lot, but it's not nearly enough to do a 51% attack. As of right now, they'd need to increase their hashrate by 50% or more in order to be capable of a 51% attack.

Qubic was using a technique called selfish mining, which is basically a technique that temporarily hides your mined blocks from the rest of the network in order to gain a competitive advantage. Using this strategy, you can mine a lot higher percentage of blocks than you could by mining fairly. This is how they were able to mine the majority of blocks for a period during their previous "mining marathon" despite not having the majority of the network's hashrate. Here is a more detailed explanation: https://arxiv.org/pdf/1311.0243

According to MiningPoolStats and XMRWatch, at the time of Qubic supposedly surpassing 50% of the network's hashrate, all of the known non-Qubic monero pools have a combined hashrate of about 4 GH/s. You can verify this, though it may take some time, by manually adding up each pool's hashrate. In contrast, per Jetskipool and QubicDesciple, Qubic had about 2.5 GH/s. Meaning that Qubic had roughly 38% of the network's total hashpower (~6.5 GH/s) at that time. Even with a minority of hashrate, selfish mining still allows them way more blocks than expected, especially when they get lucky (picrel).

>>60778980
QUBIC IS LYING
>QUBIC IS LYING
QUBIC IS LYING
>QUBIC IS LYING

As for why sites like Jetskipool were showing >50% network share at that time, their calculated total network hashrate (less than 5 GH/s) was inaccurate for two reasons.

First, that total is a moving average, and takes time to adjust when they turned their miners back on, meaning that the estimate was much lower (and their percentage much higher) than it actually was.

Secondly, and more importantly, due to selfish mining, a lot of both Qubic and non-Qubic blocks were never included in the blockchain due to failed or successful selfish mining incidents, respectively. Since they were never included in the blockchain, these blocks' work is not added to the total estimated network hashrate, again making their share of the network's total hashrate appear much higher than it actually was.

The Qubic devs are aware of these factors, but their attack relies on people not knowing this. Sites like these are what they use to lie. It's all part of their scare tactic.

Don't fall for it.

>>60778980
>>60778985

Based. Keep reposting this until the fucking imbeciles and drama queens finally understand.

>>60778943
low IQ

>we are crashing even more
>can't slurp
life is suffering

>>60778980
>>60778985
Asshole nobody actually thinks a 51% is happening right this minute. Everyone is aware of how much hash power qubic has. We can literally view the blocks being created in real time.

It’s not reassuring at all to say they “only” have 30-40%. That’s a massive problem regardless. Your posts are the equivalent of FUD by diverting attention away from where it needs to be.

Which one of you is this?

>>60779160
Based.

Someone bake.

>>60779160
>Which one of you is this?

Likely one of those hardened DNM criminals who don't appreciate having their business dealings disrupted by shitcoin scammers.

Ross put out a hit on some nigga back in the day too.

>>60779180
>Someone bake.

Its taken care of.

NEW THREAD: >>60779198
>NEW THREAD: >>60779198
NEW THREAD: >>60779198
>NEW THREAD: >>60779198
NEW THREAD: >>60779198
>NEW THREAD: >>60779198

>>60778852
Two ways, one is buy Monero. Two is MC=MR, the marginal cost of producing a commodity is equal to the marginal revenues gained from selling the produced good. Or in other words if Monero sells for $250 miners can spend up to $249.9999999 on mining it. If you alter the mining system (e.g., remove botnets that can mine for $0) price/revenues have to change to compensate.

>>60778978
>BTC security forever remains at the mercy of the State
Bitcoin is the State now grandpa

>>60777382
idk man fixed fees sound pretty gay. say you wanted to use xmr to buy something worth one dollar? suddenly you are being ripped off with a 10% tax?

so its all over and the deeply invested hardcore cultists remain coping? seen it happen in various communities

>>60777395
>This single person has proven it’s capable to acquire at LEAST enough for a selfish mining attack all by himself.
He didn't acquire it by himself, he merely offered economic incentives that made mining profitable leading to his pool dominating. It turns out, unlike what the XMRtards believe, economic incentives do actually matter!

>>60777499
those are worse than bots; jeets filtered through ai to make themselves presentable to real people on xitter