Thread 60828546

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: >>60806591

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

*****/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/

>>60821878
>>60822425
>>60822546
>>60822675
>>60822760
>give me an example behavior that k1w1f4rms enables. The forum explicitly states that stalking, or interacting IRL with its lolcows are forbidden and discouraged.
Ok, heres some examples:

Cowtipping is allowed
https://www.onionfarms.com/threads/null-openly-engaging-in-cow-tipping.4550/
KF hosted animal rape till last year:
https://www.onionfarms.com/threads/zoosadist-content-hosted-on-kiwi-farms.4459/
https://www.onionfarms.com/threads/possibly-illegal-erotic-text-fiction-of-children-hosted-on-kiwifarms.6774/

>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.

>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.

They're back at it again

>Delisted from Kraken

There goes you only chance to go parabolic, moonfags.

Enjoy your eternal $300 crabcoin while USD itself continues to devalue to Trump's stupidity.

Have the devs raised the fees yet? or are they still being retarded?

More fees = more profitable mining = more miners = reduced probability of a successful 51% attack.

They don't even need to raise them that much fgs.

***** 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.

***ADDITIONAL DISCLAIMER***

The creator of this thread has been credibly accused of being a federal agent. 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.

>>60829267
Some old boomer said it was a bad idea and refused to elaborate so they aren't gonna raise fees

>>60829348
Retards. It's only a matter of time until a nation state kills XMR now.

Oh well, at least I'll be able to make millions by being an early investor in XMR's replacement, which will be almost entirely identical but with profitable mining.

>>60829380
you mean PoS right

Instead of going with a simple and effective solution like raising fees, they go after obscure dubious ones like a finality layer and some detective mining. What is wrong with the devs?

>>60829267
>>60830028
Unfortunately, fees are only a small fraction of miners' rewards compared to 0.6 XMR. See this guy's analysis:
https://github.com/monero-project/research-lab/issues/136#issuecomment-3192469878
It looks like you can't both keep fees reasonable and hope for substantial improvement for miners. 2x will probably make situation only marginally better (though I still would love that since I mine myself). 10x will produce noticeable results but at this point you are kinda damaging monero's role of good internet money.

>>60829348
>Some old boomer said
Who gave that old fuck the authority? Is he the king of our anarchistic monetary system?

moneropedotrannys seething while qubic devs out your drug addict coin

bull run target = 0$

>>60829267
Only price going up matters.

They are again at it, btw. 5% of orphans, max re-org for the last 24 hours is 7 blocks.
>>60830028
The only effective solution is to mine more.

>>60830251
>The only effective solution is to mine more.
Why would I install a node and pay for electricity if I don't get anything tangible out of it?

>>60830326
Then don't do it.

>>60830326
>I don't get anything tangible out of it?

You get a functional XMR.

>>60830365
TRVKE

>>60830365
As a user, I don't really care what tool solves my need for privacy. If monero dies, something else with a better incentive strategy will replace it.
Asking to mine for free (actually, to spend money on mining) is hilarious.

>>60830365
You don't know about the free-rider problem?

>>60830057
Yes, unironically

>>60830251
>The only effective solution is to mine more.
Or buy more XMR because buying the coin has always been more profitable than mining

>>60830360
many people don't do it anyways. and hence the qubic causing such a mayhem (billions of dollars got wiped off from Monero's market cap -- it's holders and its users got poorer)
>>60830365
Proof of work mechanism relies on financial incentivization of its miners. Don't talk to me about altruism and "in-tangible benefits".

>muh mining
Just make the price go up. How are they still selling below 300? REDEEM THE 'NEROS CHUDS.

>>60830456
>As a user, I don't really care what tool solves my need for privacy.

If you're the "XMR or ZEC or CoinJoin, whatever, its all the same, any privacy tool will do" type you don't really care about your privacy.

Monero has by far the largest user base and therefore the largest potential anonymity set. Not to mention it is by far the most battle-tested privacy coin in existence. You can't just conjure that kind of resume out of thin air.
>If monero dies, something else with a better incentive strategy will replace it.

lol like a pure profit incentive? Such miners are mercenaries that are easily bribed, a higher bid will turn them against the network.

Which was precisely the aim of the failed Pubic attack. Now imagine a hostile govt doing the same but offering 10x the block reward.
>Asking to mine for free (actually, to spend money on mining) is hilarious.

Then don't mine and you'll end up without a trustworthy, battle-tested tool worth using.

If you have a stake in Monero being there when you need it, you'll mine even at an acceptable loss when the network needs help.
>>60830627
>Proof of work mechanism relies on financial incentivization of its miners. Don't talk to me about altruism and "in-tangible benefits".

Cool, lemme know when you've figured out how we can convince financially incentivized miners to remain loyal when they stand to make more money attacking rather than defending the network.

>>60830697
>Just make the price go up.
This is absolutely essential to Monero's survival at this point. Either Monero goes up or it literally withers and dies under reorgs, doublespends and community bickering over the "correct" solution to pick (proof of stake is being discussed, jfc)
>>60830701
>when you've figured out how we can convince financially incentivized miners to remain loyal
bitshit does it. Top 2 pools in bitchit control 60 percent of the total hashrate. Yet nobody does reorgs or double spend attempts. They have vested interest in bitchit's value as a future-looking investment.

>>60830701
>you'll mine even at an acceptable loss
dude it is amazing that you are repeating this mantra over and over at every thread, and psyopping yourself into believing it. While, you are very murky about what is "acceptable loss" (how many percent? for whom? at what KWh/cent energy prices)

Amazing.

>>60830701
Stop sperging out about the tech, nobody cares at the end of the day. The only thing I and other normal users care about is paying privately. If you're not willing to accept that monero should be usable with all the same guarantees without any tech knowledge, then you're anti-user and deserve to see the project die. It's that shrimple.

I can't believe this common sense type of issue even needs to be explained. You lefties are the most brainwashed kind out there.

>>60830709
>Top 2 pools in bitchit control 60 percent of the total hashrate.
Bitcoin also had far longer reorgs in its history. Especially if you measure correctly by minutes and not blocks. Nobody who has Bitcoin today gives a shit about any of that. Why? Because number went up. That's why.

>>60830701
Yeah, an important thing: Monero being an established network has value and security associated with it. I don't want to go full bittard but spinning up a new network is not so sure and easy.

>>60830701
I live in a shithole where mining is actually profitable, but in any case it's a matter of cents a day for individuals. I run a whole bunch of self-hosted stuff on the same computer: file servers, torrent seedbox, Tor & I2P nodes, VPN, anti-censorship DPI defeater program... What I find crazy is, despite living in a shithole country, never I had to consider the electricity expenditure of a single computer, ever. When I see posts from Europeans and such wanting to use Raspberry Pi instead of a used computer for their home server because of the electricity cost, it sounds insane to me.

So on one hand I understand the miner profitability arguments (which is best treated by a good dose of numbergoup), but on the other hand, people come all the way to this thread, so thay care about Monero on some level, and bitch about "what's in it for me" in what corresponds to cents a day level of cost.

>>60830723
Normal users should also care about the price of their private money.

>>60830832
>Bitcoin also had far longer reorgs in its history.
>in history
How far are you going back "in history"? Are you thinking about the bug that caused inifinite bitcoins at around the year 2010, or what?

Any recent malicious reorg attacks in Bitcoin that span 3 or 4 blocks? Because monero is having 7 block reorgs right now.

>>60830709
>bitshit does it. Top 2 pools in bitchit control 60 percent of the total hashrate. Yet nobody does reorgs or double spend attempts.

Apples and oranges. Bitcoin's mining economics and hardware specialization are completely different so the lack of State-sponsored attacks so far is not a guarantee but a contingent equilibrium. But if conditions changed (block rewards shrank, profitability tanked or external incentives were offered), "vested interest" alone wouldn't stop someone with overwhelming hash from attacking. Saying "it hasn't happened yet" is not a security guarantee, it's survivorship bias.


>They have vested interest in bitchit's value as a future-looking investment.

Making the security of the network dependent on muh performance leaves it vulnerable to market manipulation. By tying security to market performance, PoW systems effectively outsource their resilience to the mood of the market, they aren't robust against external actors who can fuck with the price at scale. That's why exchanges, ETFs and large custodians controlling liquidity are such choke points: the same hands that can swing price can indirectly weaken network security. A truly resilient system would decouple its security guarantees from speculative valuation. Bitcoin hasn't, and that leaves it exposed.

>>60830717
>dude it is amazing that you are repeating this mantra over and over at every thread, and psyopping yourself into believing it.

It seems you're having trouble understanding that people are indeed capable of consistently donating to their favorite charities. And some people's favorite charity just happens to be Monero.

>While, you are very murky about what is "acceptable loss" (how many percent? for whom? at what KWh/cent energy prices)

That's all very individual, isn't it? I might be able to afford to pay an extra $20 on my power bill, somebody else might only be able to manage $10 while somebody else entirely could afford triple figures.

>>60830832
Comrade, тpeбoвaть ycтaнoвки нoды oт пpocтoгo пoльзoвaтeля бeз дeнeжнoй мoтивaции - дoлбoeбизм, нy oчeвиднo жe.

>>60830723
>The only thing I and other normal users care about is paying privately.

Oh, so you're saying you have a stake in robust and functional privacy tech being available to you?


>I can't believe this common sense type of issue even needs to be explained. You lefties are the most brainwashed kind out there.

Lefties? lol

----

So, the conundrum persists: how can we convince financially incentivized miners to remain loyal when they stand to make more money attacking rather than defending the network?

>>60830932
bro stfu it. Monero's price low --> Monero's security budget low --> Monero's miner rewards low --> Monero's security low.

You simply cannot escape this. The moment Monero was written to be a proof of work network, you started to rely on this financial incentivization mechanism to secure its chain.

>>60830849
2010 bug is more than 50 blocks.
2013 bug more than 30(?).
Also some pool getting 51% too.
My point is if number goes up nobody will ever give a shit about the stuff we're worrying about now. You all should recognize Monero as a private store of value and shill it as such. Monero is literally the only real way to hide money on the internet.

>>60830971
>You simply cannot escape this. The moment Monero was written to be a proof of work network, you started to rely on this financial incentivization mechanism to secure its chain.

How do we convince financially incentivized miners to remain loyal when they stand to make more money attacking rather than defending the network?

>>60830709
>>60830832
>>60830932
Bitcoiners own all the Bitcoin mining hardware. The only one who can attack the Bitcoin Network are miners who would be making their own hardware worthless. Everyone owns Monero mining hardware. Anyone can attack the Monero Network without making their own hardware worthless. ASICs are more secure because they come with way better incentives.

>>60830942
I'm saying that I couldn't care less about running a node for ideological reasons, which is exactly what you're suggesting. You will run it for me. Or the government will. If you don't like it, you can try to do something about your mindset which makes you think it's possible to build a secure network without any significant monetary incentive.
In the end, I'll have my lunch and eat it too, because private payment solutions using monero's tech are not going to go anywhere, even if monero dies. The only thing changing will be the incentive strategy.
And yes, you do sound like a leftie. It is common to hear delusional takes like "if everyone just stops supporting the capitalist regime we'll finally reach communism" from them.

>>60828546 (OP)
hello anons is this something to worry about? i just came across this
https://www.coindesk.com/business/2025/08/12/qubic-claims-majority-control-of-monero-hashrate-raising-51-attack-fears

>>60830989
>ASICs are more secure because they come with way better incentives.

lol we've already been through this. ASIC mining = permissioned mining.

>>60830988
>How do we convince financially incentivized miners to remain loyal
This question is out of the scope of Proof of Work. If you are relying on Proof of Work, one of your implicit presuppositions (or axioms) is that miners will always be financially incentivized.

If you don't like it, you can stop relying on Proof of Work, and choose another mechanism for distributed consensus. So far, you have been throwing the ideas like
- altruistic mining
- brainwashing/narrative operation of Monero miners to get them convinced that lossy mining is good

>>60831006
I can buy a CPU online. I can buy an ASIC online. The only difference is I can actually get roi in a decent time frame with the latter.

>>60830999
No 51% attack happened but they did momentarily get over 40%. Qubic does a lot of shilling and they even fake the data their mining pool gives. News and social media retards pick those up and run with them. Right now they still occasionally hit over 30%. Still, it is something that makes me worried. There are some potential solutions being proposed but in the end this would have not been so easy if Monero's price was just higher.

>>60830709
>This is absolutely essential to Monero's survival at this point. Either Monero goes up or it literally withers and dies
The easiest path to NGU is for everyone to buy as much XMR as they can on a regular basis

>>60831079
I agree.

>>60830993
>The only thing changing will be the incentive strategy.

So how do we convince financially incentivized miners to remain loyal when they stand to make more money attacking rather than defending the network?


>>60831009
>This question is out of the scope of Proof of Work. If you are relying on Proof of Work, one of your implicit presuppositions (or axioms) is that miners will always be financially incentivized.

>If you don't like it, you can stop relying on Proof of Work, and choose another mechanism for distributed consensus. So far, you have been throwing the ideas like
>- altruistic mining
>- brainwashing/narrative operation of Monero miners to get them convinced that lossy mining is good

So you still can't actually explain what will keep financially incentivized miners loyal when they stand to make more money attacking rather than defending the network.

Meanwhile, altruistic miners by definition cannot be bribed to harm the network. And they will continue mining even if the price tanks.

And just so we're clear, this isn't an argument AGAINST for-profit mining, its simply pointing out how merely having a stake in the ongoing health of the network is also an incentive to help out in times of need.

>>60831021
>I can buy an ASIC online

lol sure, until the govt says you can't anymore.

>>60831090
>Meanwhile, altruistic miners by definition cannot be bribed to harm the network. And they will continue mining even if the price tanks.
If this was as reliable, ready-to-go as you are trying to portray it to be, bitshit, as well, would be relying on it, monero would be relying on it, instead of tail emission or block rewards.

>>60831104
>If this was as reliable, ready-to-go as you are trying to portray it to be, bitshit, as well, would be relying on it, monero would be relying on it, instead of tail emission or block rewards.

Never claimed it's a viable solution yet. But something to aspire towards.

>>60831090
>Meanwhile, altruistic miners by definition cannot be bribed to harm the network. And they will continue mining even if the price tanks.
This is a new solution to byzantine generals problem or distributed consensus: Proof of Altruistic Work. You should write a paper on it. Who knows you might contribute to the literature.

>>60831095
Gooks are never going to stop sending me hardware for good old American dollars. I can buy LSD mushrooms and guns through the mail. A lot of Monero deals are cash by mail. You might as well believe they'll ban you from buying threadrippers due to risks of mining you fantasy land nigger.

>>60830701
>Now imagine a hostile govt doing the same but offering 10x the block reward.
What exactly is your point here? The govt attack would work with a 10x reward rate, so Monero would be destroyed. Isn’t that cause for making changes to the protocol?

>>60831090
>So how do we convince financially incentivized miners to remain loyal when they stand to make more money attacking rather than defending the network?
See bitcoin, like people have already told you in this thread. Nobody would slaughter a cash cow.

>>60830701
>Cool, lemme know when you've figured out how we can convince financially incentivized miners to remain loyal
Almost like if they had stake in the network they'd try to act in the best interests of the network. Some sort of "stake-based security mechanism"?

>>60831121
>>60831201
>>60831323
>>60831387
>>60831397
kek. never seen this much anons piling on the nonsensical talking points of Monerogenerals OP.

>>60831120
Oh so you admit your opinion is just pie in the sky bullshit? Why are you bogging down practical discussions with baseless idealism?

>>60831428
> What's this? More people are calling me out for my years of bullshit? Time for a gay react image.

>>60831121
>This is a new solution to byzantine generals problem or distributed consensus: Proof of Altruistic Work. You should write a paper on it. Who knows you might contribute to the literature.

Still not an answer. And the reason you can't answer is that there is no satisfactory answer, purely for-profit miners will always opt for the bigger payday.

The only PoW-based solution here is enough people having enough of a utilitarian stake in XMR that even if profiteers turned and attacked their hashing power would still be insufficient to cripple the network.

>>60831201
>Gooks are never going to stop sending me hardware for good old American dollars.

Are you dense? Its not the gooks you need to worry about here.

>>60831323
>What exactly is your point here? The govt attack would work with a 10x reward rate, so Monero would be destroyed.

My point is that purely financial incentives can be gamed to harm the network. Ideological miners are the only miners we can truly count on.


>Isn’t that cause for making changes to the protocol?

No, its a cause for increasing the number of active users with a utilitarian stake in XMR.

>>60831387
>See bitcoin, like people have already told you in this thread.

Already addressed this here: >>60830932 Network security that depends on the whims of market manipulators and irrational speculators is

>Nobody would slaughter a cash cow.

They would if it would financially reward them. Miners aren't ideologues , they’re businesses seeking to maximize profits. And there's nothing stopping them from shorting BTC as a hedge, they already hedge on derivatives markets to smooth revenue volatility. Shorting is practically inevitable since the line between risk management and attack profiteering is razor-thin. Pools hold enormous amounts of BTC before distribution, they could use that collateral to open even larger leveraged shorts. And unlike retail, miners have inside visibility into the network's health, they know when hashrate is dropping, when farms are going dark or when difficulty changes will hurt profitability. That's privileged information they can front-run.

Furthermore, if miners profit from shorts during crises, their incentive shifts: why prevent instability when instability pays? This undermines the whole "miners are loyal" narrative. In reality, miners can hedge against their own misbehavior, or even profit from it, by betting against the asset they're supposed to secure. That's the conflict of interest baked into the model.
>>60831428
>Oh so you admit your opinion is just pie in the sky bullshit?

Not bullshit, more a work in progress.

>Why are you bogging down practical discussions with baseless idealism?

Baseless would imply the non-existance of pro-bono miners.


>>60831428
>kek. never seen this much anons piling on the nonsensical talking points of Monerogenerals OP.

Reminder that you still can't prevent financially incentivized miners from attacking the network when they stand to make more money doing it.

>>60832060
>Network security that depends on the whims of market manipulators and irrational speculators is hardly secure.

>>60831040
i see
thanks for the response anon

>>60832060
You act like altruistic miners are divorced from economic incentives when they're not. If someone minds altruistically it's because they can afford to. Because they're subsidizing the cost from somewhere else. For example, if the price of Monero went up, you'd have more people and could afford to mine at a loss, in addition to the greater incentives for for-profit miners.

>>60830038
5x would be fine. People use XMR because it's basically the only digital asset that offers genuine privacy, I also think most people are ok with paying a price for that privacy (higher tx fees). When people don't require privacy they will still use fiat or other much faster crypto's anyway.

XMR's usp is its privacy and people will pay for it. You could raise the tx fees by 10x and people would still use it. No one is going to start buying drugs with Bitcoin again just because XMR's fees went up...

No one is saying make the miners rich, just make it profitable enough so that people aren't constantly at break even or even losing money.

>>60831090
>So how do we convince financially incentivized miners to remain loyal when they stand to make more money attacking rather than defending the network?
By telling them that the community (call it 200k anons) will regularly buy their products (432 XMR per day, less than $1/anon/day at these prices) to guarantee their stable income so they don't have to gamble on promises of income from cum_in_behind

>>60832366
This

>>60832296
>. For example, if the price of Monero went up, you'd have more people and could afford to mine at a loss, in addition to the greater incentives for for-profit miners.

Right. But, again, the price is subject to manipulation, which brings us back to network security being subject to the whims of market manipulators and irrational speculators.


>By telling them that the community (call it 200k anons) will regularly buy their products (432 XMR per day, less than $1/anon/day at these prices) to guarantee their stable income so they don't have to gamble on promises of income from cum_in_behind

In this scenario, they're being offered 10x that by Uncle Sam & Friends to keep the network crippled.

>>60832057
Without responding to any of the other bullshit in your post, let’s just ask a baseline question:

>would increasing the price of XMR attract BOTH financially incentivized miners AND ideological miners, purely through the notoriety/becoming more popular?

If so, why oppose measures designed for NGU? NGU will raise the overall profile of Monero to the entire world, which necessarily will include recruitment of new ideological miners. You can’t start a worldwide revolution by remaining obscure. Who cares if the profit seeking miners go to greener pastures? Simply through the mechanism of NGU we will have attracted thousands of ideological miners. So what exactly is your issue?

Disclaimer: the idea of an ideological revolution that eschews financial incentives somehow overcoming the power of the money printer with literally infinite cash and therefore infinite incentives is obviously fucking retarded

>>60832060
You're introducing an imaginary situation that has literally never happened to bitcoin, and likely won't happen in the foreseeable future because short-term gains from shorting that instability do not outweigh long-term profits from good behaviour. On top of that, altruistic mining you propose doesn't even remotely get the network to the point where that becomes a concern, given that we pretend that those altruists don't have any economic incentive, which they do in reality.
You're coping already, in other words.

>>60832427
>network security being subject to the whims of market manipulators and irrational speculators.
If this is your position why have a coin at all? Just by selling 1 XMR you’ve already created a market mechanism which automatically generates the ability to be manipulated by such price. What’s the point of the coins? Just have altruistic people privately exchange different currencies with some proof of authority algorithm of something.

And you portray yourself as some leader who can’t let go of being the OP of the general?

>>60832430
>the idea of an ideological revolution that eschews financial incentives somehow overcoming the power of the money printer with literally infinite cash and therefore infinite incentives is obviously fucking retarded
This

>>60832480
>why have a coin at all? Just by selling 1 XMR you’ve already created a market mechanism which automatically generates the ability to be manipulated by such price. What’s the point of the coins? Just have altruistic people privately exchange different currencies with some proof of authority algorithm of something.
This

>>60832427
>In this scenario, they're being offered 10x that by Uncle Sam & Friends to keep the network crippled.
Then every other financially motivated miner from every other chain will show up to get a bag and Uncle Sam runs into the cobra effect.

>>60832366
Problem is botnet miners have 0 cost (since they aren't owned by the one controlling them) so you are competing with 0 cost basis while having a cost yourself.

>>60832862
>botnet miners
Any credible source laying out the percentage of botnets in monero mining?

>>60832430
>>would increasing the price of XMR attract BOTH financially incentivized miners AND ideological miners, purely through the notoriety/becoming more popular?

Ideological miners aren't as financially incentivized, they're primarily ideologically-driven.


>If so, why oppose measures designed for NGU?

What measures specifically? Encouraging an economically-crippling hoarding culture a la BTC? Or spamming retarded price predictions all over social media? Or both?


>You can’t start a worldwide revolution by remaining obscure. Who cares if the profit seeking miners go to greener pastures? Simply through the mechanism of NGU we will have attracted thousands of ideological miners.

lol like you give a shit. We both know you're only here to secure exit liquidity, and if that means pretending to care about the revolution, so be it!


>>60832465
>You're introducing an imaginary situation that has literally never happened to bitcoin, and likely won't happen in the foreseeable future because short-term gains from shorting that instability do not outweigh long-term profits from good behaviour.

lmao "it hasn't happened yet so it never will'" is the weakest security argument in history, many a financial collapse seemed unlikely right up until it actually happened. Bitcoin miners aren't selfless guardians of the protocol, they're corporations with shareholders, debt, energy bills and quarterly targets. They already use shorting as a hedge, so the mechanism is right there. Long-term revenue is already declining as block rewards shrink, while fees remain unreliable. As margins tighten, the temptation to cash in by amplifying instability grows, to assume that miners will forever act like benevolent stewards instead of profit-maximizing actors is wishful thinking at best, delusion at worst.

>altruistic mining you propose doesn't even remotely get the network to the point

Like I said, a work in progress, something to aspire to. A fee hike might help in the interim.

>>60832884
Not that I know of. If you're asking if it happens, obviously. What better way to spend CPU cycles that you get for free?

>>60832480
>If this is your position why have a coin at all?

Because its useful to have.

>ability to be manipulated by such price.

Which is why network security shouldn't be subject to price fluctuations.

>Just have altruistic people privately exchange different currencies with some proof of authority algorithm of something.

PoW requires an attacker to expend expensive resources on an ongoing basis.

>>60832622
>Then every other financially motivated miner from every other chain will show up to get a bag and Uncle Sam runs into the cobra effect.

Such an attack requires only enough hashing power to cripple the network and/or ruin its reputation.

>>60832915
>If you're asking if it happens, obviously.
Why "obviously"? Xmrig needs 2GB RAM. Botnets cannot claim that much resource on host machine without detection.

>>60832898
>lmao "it hasn't happened yet so it never will'" is the weakest security argument in history, many a financial collapse seemed unlikely right up until it actually happened. Bitcoin miners aren't selfless guardians of the protocol, they're corporations with shareholders, debt, energy bills and quarterly targets. They already use shorting as a hedge, so the mechanism is right there. Long-term revenue is already declining as block rewards shrink, while fees remain unreliable. As margins tighten, the temptation to cash in by amplifying instability grows, to assume that miners will forever act like benevolent stewards instead of profit-maximizing actors is wishful thinking at best, delusion at worst.
Again, you're offering an alternative that is so fragile that it breaks under the slightest pressure from a Chud From Beyond. You throw in hypotheticals without even offering a better alternative that doesn't *hypothetically* suffer from the same problem.
Besides, there's literally no mechanism in existence that addresses the possibility of some network maintainer going rogue. It is how the market works, there's no solution if shorting the market is an option.
Now give me more of your copium. Maybe one day you'll run out of it and accept the reality where ideological incentives are always inferior to economical ones.

>>60833003
>Botnets cannot claim that much resource on host machine without detection.
detection by what? You think the average botnet-infected user ever even opens device manager? we're talking windows XP machines here.

>>60828546 (OP)
>finish establishing local node
>start mining
>see CPU temps drop 10°C
that supposed to happen?

>>60832898
>Ideological miners aren't as financially incentivized, they're primarily ideologically-driven.
You didn’t answer the question.

Also the rest of your post is just typical slander against people who see NGU as a good thing. So there’s no response to you other than fuck you. Surprised there was no react image

>>60830456
>As a user, I don't really care what tool solves my need for privacy.
Never seen someone glow harder

>>60833225
Take your meds then. If you actually want to see monero widely used, it is beyond retarded to expect everyone to know how it works under the hood.

>>60833284
>Strawman

>>60833006
>You throw in hypotheticals without even offering a better alternative that doesn't *hypothetically* suffer from the same problem.

Hypotheticals lol, in the upcoming future with ever smaller subsidies and unreliable fees the "long-term good behavior" incentive erodes. When honest mining no longer outpaces what can be made shorting and destabilizing, the equilibrium breaks. Once shorting becomes more profitable than honest mining and miners realize they can influence price directly through their actions, the system creates a perverse incentive to sabotage the very network they’re supposed to secure.


>Maybe one day you'll run out of it and accept the reality where ideological incentives are always inferior to economical ones.

lol the entire Monero project runs on ideological incentives, the CCS literally depends on altruists donating funds. And guess what? Turns out it works quite well!

https://ccs.getmonero.org/funding-required/


>>60833101
>You didn’t answer the question.

Sure I did, I also pointed out how price alone shouldn't determine whether the network lives or dies.


>Also the rest of your post is just typical slander against people who see NGU as a good thing.

I see NGU as a good thing. Sustainable, long-term NGU fueled by wholesome, organic demand from ever-increasing economic activity. The kind of NGU you have to work hard for.

You and your fellow larpers, on the other hand, would gladly throw Monero-chan and everything she stands for under the bus for the right price. We are not the same.

>>60833099
>>start mining
>>see CPU temps drop 10°C
What are your current temps? 70 deg?

>>60833225
>glow harder
What even that's supposed to mean lmao

>>60833321
>lol the entire Monero project runs on ideological incentives,
Nah. You make no sense.

>>60833389
>Nah. You make no sense.

lol denial is a helluva drug! Have you donated to the General Fund yet? It all depends on altruists like you!

>>60833297
Too hard of a link for you to comprehend? Ok, look: if I, as a normie, need to pay for something privately and without going schizo about it, I will pick whatever is the most widely used tool for it. I won't actually study every single one of the alternatives because I don't care that much. If it's monero or zcash or litecoin mimblewimble or whatever that is commonly accepted as the golden standard, I will use it. I don't need to know how it works under the hood, I don't care.
And if I'm somehow a glowie to say that gatekeeping based on technical knowledge is retarded, then so be it, but we all know who's actually holding monero back in this case.
And yes, it is actual gatekeeping because there are people who think like you in the dev team, and they don't make it easier for a normie to use monero.

Now I got banned by a nigger janny for the same racist post twice, nice.

>>60833427
I didn't say you need to understand how XMR works. My point is that you simply care about marketing.

>>60830456
Privacy is not a tool. It's a fundamental property of sound money. Monero is the only internet money that satisfies it. Imagine finding the only internet money that's anonymous and you're like: Uh that's nice but I'll only use it as a tool for this and that.

No. Monero is ALL the money you need on the internet. There is no second best.

>>60833099
No.

1 WOW = 1 WOW
there is no second best.

>>60833371
Was 70s, then gone down to 60s, and even into 50s when idling with most tasks closed.
No clue whats going on, monero gui says its mining, but the node logs says no - but I've heard that's just an anomaly with using P2Pool

wagmi

>>60833487
Of course I do. Marketing would make the number go up (securing the network as a side effect) and make the government actually concerned about their fiat monopoly, which would be very interesting to behold.

>>60833519
wowowowowowowow

>>60833528
das rite

Closer to the next level... I can only apologize to my generational descendants I didn't stack more of what was obviously the only true internet crypto money when it was below 500 USD.

>>60832919
Your scenario also requires that
>the hypothetical gov2pool will continue paying out once they've gotten xy% of the hash rate and ruined the chain
>gov2pool's miners will stay once the premium is gone
Miners will leave gov2pool and/or use their profits to build miners that point to other pools to secure their premium.

>>60833664
>Your scenario also requires that
>the hypothetical gov2pool will continue paying out once they've gotten xy% of the hash rate and ruined the chain

You're assuming gov2pool nukes Monero once, miners pocket the premium and then it's over.

A State actor's goal isn't necessarily to render the chain unusable 24/7, the smarter play would actually be to just cripple it in random bursts to disincentivize economic Monerofication. The cost is huge but states can afford to run uneconomic campaigns far longer than private actors.

>Miners will leave gov2pool and/or use their profits to build miners that point to other pools to secure their premium.

True for some, opportunistic hash will exit if gov2pool stops paying. But if the government cycles between attack periods (on/off bribery), miners might stick around "just in case" or rejoin instantly when payouts resume. That creates lingering instability even when the attack isn't active. Worse, miners who profited once might keep their rigs ready for future bribes, effectively turning attack-readiness into part of their business model.

The idea that miners will use their profits to build rigs that point elsewhere assumes loyalty to the network. In reality, miners chase ROI. If attacking via bribes has historically paid out more, they'll be primed to expect or even demand similar premiums in the future. That means bribes normalize and honest mining feels like leaving money on the table. The weak point in any bribery scheme is trust: miners have to believe gov2pool will actually keep paying. If payments stop, yes, they'll scatter but if a state keeps paying reliably (even for weeks or months), it can build enough credibility to reshape miner expectations. Then, instead of "why would I attack?" the thought becomes "why the hell wouldn't I if it pays more?"

TL;DR: Such cyclical and well-funded bribery campaigns would cripple Monero's usability and tank its reputation over time, eventually killing it for good.

>>60833630
I am a Senior Earl trying desperately to achieve my Princedom.

OP is a faggot.

>>60833966
>OP is a faggot.

And a pedophile. Not to mention a fed.

>>60834003
You really are. Have you actually even registered the fact that everyone disagrees with you? Why do you keep insisting on being the OP when everyone fucking hates you? Really strange……..nothing suspicious about it for sure though

>>60832919
>network security shouldn't be subject to price fluctuations
Network security is subject to price fluctuations. That's the definition of network security. How much value is settled each block. Or how much money it would take to convince the miners to attack your network. The problem is worse with Monero because you don't just have to worry about the hardware owned by the miners, you have to worry about all the hardware all over the Earth, every single CPU in existence.

>>60832898
>lmao "it hasn't happened yet so it never will'" is the weakest security argument in history
A year ago when I told you bakecels that the network would be attacked by a pool offering extra incentives the main response I got was "why hasn't it already happened then"

>>60833841
I should have stated that better. I'm assuming that gov2pool would act as you described. Even in that case it would be in the best interest of the miners to create as much stability as possible during the 'off' periods to tempt gov2pool to throw even more money at them to win the war. It would quickly become a digital War in Ukraine imo
Keep in mind also that all of this assumes that the devs/other miners/the cartels/other rival governments/etc do nothing to combat gov2pool and solve the selfish mining issue one way or the other.

>>60834050
Good point. If you rely on ASICs, the fed might try to ban ASIC imports, but it wouldn't help because taking down the network would require a joint effort of all countries where profitable mining is possible, something not feasible in practice. Centralization concerns should be solved by meaningful incentives. Meanwhile, taking down a CPU-based network requires simply ordering Google, Amazon and Microsoft to lend their spare compute power.

>>60834050
As for the whole ideology thing, ideology is a commodity that can be bought and sold, same as electricity. If miners were required to lose $1,000 a day in order to mine Monero, ideology wouldn't be enough to cover that cost. If Qubic paid every single miner an extra $10,000 a day you'd find that many of the ideological ones would be willing to attack the network. Everyone assigns a value to their ideology, it's just harder to gauge. You haven't replaced economic incentives, you've just obscured them

>>60833422
>helluva drug
Check your own messages if you wanma see "helluva drug" lol

I literally think one day Monero, for some reason outside the perspective of this board (foreign regimes, criminal enterprises, nation states themselves, massive hacks)……

….one day Monero is just going to teleport to $10,000 and make the earlier hack look like a small candle.

>>60833321
>I see NGU as a good thing. Sustainable, long-term NGU fueled by wholesome, organic demand from ever-increasing economic activity. The kind of NGU you have to work hard for.
Almost none of the coins in the top 100 achieved NGU in this fashion. Almost all of them achieved it by having tons of moonfags slurp as much as they could and refuse to sell till their lambo dreams came true.
There's no reason why XMR can't do the same thing while also serving it's usecase (private money) when every other non-stablecoin did the same thing while serving their usecase (fucking nothing). Being too concerned with how we win just limits our paths to victory, which in turn gives our enemies paths of attack.

Someone made a generous donation to the general address of the art fund a couple weeks ago.

Current ideas are:
• Fighting stance animation (pixel art, similar to picrel)
• As an angel with cyber wings
• At a high stakes poker game
• Mining animation (pixel art)

Feel free to suggest other ideas.

>>60835257
Take a cue from tux’s viral video and actually make something relevant and entertaining to watch.

>>60835257
standing next to a mining rig

>>60835257
Monerochan version of this gif pls.

>>60836127
>I MINE MONERO WITH PICKAXES

>>60835257
Sitting cross legged with a laptop plugged into a server rack next to her (potential panty shot)

>>60835257
One of these
>>60830537
With Monerochan butter
>KETONES!
>FRESH

>>60836127
seconded

>>60832862
>>60832915
>>60833046
>BOTNET BOTNET
>But muh profits, le hackers get Moneros free
You faggots are so insufferable, I bet none of you have even done napkin math on this shit. The only worthwhile systems to infect are dumb fucks using game cheats and if that was the case the only time a botnet would get full compute is outside of gaming hours.
Let's throw out a rough estimation of the top games, CoD, CS2, Fortnite, PUBG, Valorant and absolutely conservatively (maximally for your argument) call it 24 million 'hackers' total. Now divide it up between however many cheat devs one could speculate there are and their client count.
Then consider that about 10% (based on Steam surveys) of that total is about 2.5 million hackers with high-end CPUs (12+ cores) that would be worth mining on in the first place. That's not even factoring that over 50% of that is still Intel with it's rubbish e-cores and abysmal cache.
>but they don't check their system utilization
But they'll definitely fucking notice their system shitting itself during their game and stop using that hack
>but you could just do minimized, dynamic core allocation or off-hour mining
On Intel with garbage hashrate even with full core allocation?? Ryzen will also do full cache allocation (per CCD) regardless of core count for XMRig. Very noticeable either from fan speed or performance drop even during basic tasks. If it's truly 'off-hour', slash the mining time to a fraction then.
>N-no they infect average PCs and laptops
So 5x-10x or even 20x the amount of systems and in a broad sweep botnet only mining? No other tasks? Get fucking real, if that was the case we'd have better network security.

Pls I need xmr back at 320 ish
Asap

the hashrate is freefalling. its so over

>>60836468
it is qubic on/off

>>60833099
Done some troubleshooting. Looks like something funny with P2Pool in particular as my CPU temps spike to 80~ with solo mining.
Apart from that, would be nice to have some controlled thermal throttling function so it wont allow my CPU to reach over 75 or so when mining.

>>60836395
>I bet none of you have even done napkin math on this shit.
I tried with no experience in mining and came to the same conclusion. I now think the 'botnets' are just data centers being paid by the state to mine in secret

Reporting in


>>60836468
>read this
>"oh no i havent checked in a long time"
bro when the fuck did we pass 5GH LOL

dance

>>60834853
One single case of a person (entity?) laundering a good sum of bitcoin was enough for Monero to almost touch all time high after 3 overnight pumps and then solidly double the floor kek. Even a small scale exodus of big money to Monero would launch it. People dooming about this coin not pumping obscure how easy it actually is to pump Monero as this steal of a price. Monero will pump a god candle even if the big gray money went in 1% because the kid of a cartel boss was caught gooning to Monero-chan while bosses were visiting for a party and then decided to buy for the joke of it.

>>60836608
>thermal throttling function so it wont allow my CPU to reach over 75 or so when mining
Undervolting (precision boost voltage offset) -100mV did exactly that for me. There was also custom thermal throttle temp setting in the BIOS.
BTW if you're willing to get advanced you can install the components separately:
monerod: The node. This can be part of your wallet.
p2pool: Can be run separately or as part of Gupax GUI app.
xmrig: Miner. Supposed to be better than the one that comes with Monero software. Can be run separately or as part of Gupax.

gamble

>>60836608
are you using some crappy temu cooler? sounds like its not quite enough for the cpu you use it with

rock

>>60836703
Also you can set the GPU to a lower watt limit or enable eco mode.

>US bill proposes 21st-century privateers to take on cybercrime
>The bill would allow the US president to issue letters of marque to “privately armed and equipped persons” contracted by the government, authorizing them to “employ all means reasonably necessary” to seize property and detain or “punish” cybercriminals the president deems a threat.
The fuck does this mean? Can retards just come, torture you, kill you, and take all your crypto legally?
Supposedly only for criminals or terrorists, but how do they decide on that when crypto is pseudonymous, and Monero is anonymous?

>>60836740
The better question is, how would they know your location. And if they do, how is it actually different from sending the feds to you. Sounds like a bunch of bullshit, are you sure you got it from a credible source?

>>60836740
Honestly when it said "privateers for cybercrime" I thought they meant like, rewards for exposing scams, maybe some variety of hacking. Specifying "armed" and shit about seizing property is just absolutely fucking insane to me. I cannot think of any way to define this other than "armed men storm crypto centers", which is especially bad as it sounds like it would be insanely easy to just frame people for scams to justify literally robbing them.

>>60836766
https://cointelegraph.com/news/us-bill-neo-privateers-answer-cybercrime
I've been reading articles from this site. They tend to be concrete and straight to the point.

>>60836787
This.

>>60836794
The worst part is, most of these scams are run in other countries, right? So this barely even does anything about the problem; these government backed terror-vigilantes aren't gonna be able to do shit about scam centers in India.

>>60836724
*CPU

>>60836766
Sometimes I go to Bitcoin Twatter and it's filled with stories of retards losing their bitcoin, mostly just because of stupidity like holding all their coins on scams like Celsius, but also to stupidity (using a snitchcoin is stupidity) leading to people being targeted and bitcoins being stolen that way, including through IRL meetups. These stories are going to continue to pile up until people start using Monero. Most of those snichcoiners are not even thinking "Wait why does my coin reveal all my transactions?" yet.

>>60836789
Didn't these retards run with the 51% attack story, taking Qubics word that it happened?

>>60836740
it means that they'll soon be like latin america

>>60836766
they'll figure it out and feds at least are supposed to be professional but some bounty hunter freaks don't have to

>>60836766
>>60836809
I tracked down the actual bill; it is real, and it is actually even more ridiculous than anon said.
>https://www.congress.gov/bill/119th-congress/house-bill/4988/text
>The President of the United States is authorized and requested to commission, under officially issued letters of marque and reprisal, so many of privately armed and equipped persons and entities as, in the judgment of the President, the service may require, with suitable instructions to the leaders thereof, to employ all means reasonably necessary to seize outside the geographic boundaries of the United States and its territories the person and property of any individual or foreign government, as applicable, who the President determines is a member of a criminal enterprise or any conspirator associated with an enterprise involved in cybercrime who is responsible for an act of aggression against the United States.

And so I guess I was wrong >>60836805, but only in that this apparently would ask for these privateers to fucking PHYSICALLY STORM LOCATIONS IN OTHER COUNTRIES. Which like, fuck crypto; this shit sounds like it could start WW3
>to employ all means reasonably necessary to seize outside the geographic boundaries of the United States and its territories the person and property of any individual or foreign government

>>60836822
Ah, the good old assassinations of unwanted people abroad. Someone's taking a page from Putin's book.

>>60836853
not just people; this literally specifies foreign governments.

Because what we really need right now in the current political environment is a silicon valley tech-bro backed, government approved, death squad that tries to overthrown a foreign government.

>>60836822
At least it’s outside the US. They’re just doing whatever they want in other countries, but keeping the pretense that they have to respect the constitution inside America.

>>60836952
All fun and games until some retard starts an international incident.

>>60836924
>s a silicon valley tech-bro backed, government approved, death squad that tries to overthrown a foreign government.

>>60836924
north koreans can't stop winning

Well, maybe these non-US individuals and governments should use Monero so those corsairs won't know you're the one receiving sanctioned money and how much you have so easily.

>>60836699
>>60836709
>>60836721
animated these would be lit
(or whatever the youth would call it today)

>>60835257
>>60835333
>>60836127
>>60836207
>>60836287
>>60836367
These replies are the perfect examples of why this community is so fucking terrible. You have some extra money to make Monero content and you immediately debate the details of what KIND OF anime bullshit it’s going to be.

No thought whatsoever of making something viral or even remotely relevant to anyone’s interest. Nope just your faggot fucking niche anime bullshit. I hate you people so fucking much it’s unreal.

>>60837163
gonna cry?

>>60837163
>Greta-demand-solutions.png

>>60837163
>niche anime bullshit
yeah we totally need to target normal people who aren't into anime, as if normalfags give the slightest shit about privacy or decentralized cash systems.
Until cash is banned there is no use for monero except buying illegal stuff on the internet. So they might as well commission anime art while waiting

>>60837163
cute anime girls are cool

>>60837209
You literally need to be lit on fire. What the fuck is with this shit? You don’t even WANT to market this coin. What is the psychology of someone like you?

I have a picture of a 400lb 40 year old virgin man with a bedroom full of anime figurines and sex dolls. That’s the mental image I have of someone with your opinions. I hate you. Fuck you.

>>60837209
Also tux’s recent video got over 100k views and tons of exposure. People who actually give a fuck about marketing got Nick Fuentes to mention Monero by name.

When you have non-retards non-NEET non-animefags who actually have the slightest grasp of human nature controlling the marketing then major advances can be made. I am so fucking tired of their weird behavior in this community you fucking suck and you won’t advance Monero one fucking inch BY YOUR OWN ADMISSION.

>>60837209
yeah those people don't even want to use physical cash and are the perfect cattle a representative democracy loves

>>60837476
You’re a loser and a creep. You are why Monero is sub 5B cap and can be nearly destroyed by one autist.

Everything about this culture and your influence over it needs to be lit on fucking fire. Normal people who understand reality need to completely conquer this culture

>>60837467
i don't watch anime and like i said normalfags who have actual businesses won't care or find a use for monero in a million years as long as cash exists. But maybe you're right and this association with anime culture is bad

>>60837494
Assumptions:
>I understand normalfags
You don’t
>Moneros only use case is to be spent like cash
It’s not.

If you haven’t been paying attention in recent years, governments have given normies dozens of reasons to ***SAVE*** in XMR

>>60837163
>implying normies are not anime gooners in 2025
Shiggy diggy. Half of the next generation are trannies, the other half chuds. Both goon to anime girls.

>>60837467
Nobody controls marketing. Go shill your own way.

>>60837481
You're in luck. There is an endless list of communities that used to be only the realm of weird anime girl posing weebs, but then they exploded in popularity and got taken over by normies. So go forth! I won't even complain about it because this time, I am the shareholder who'll be getting rich off it.

>>60837494
>i found the only form of internet money that fulfills all the requirements for sound money, but, uhh... i'm just going to spend it and never ever hoard it
78 IQ price suppressor fed take.

i hate the antimonero

>>60837163
>No thought whatsoever of making something viral or even remotely relevant to anyone’s interest.
your reply is not a contribution

>>60838010
Sure it is. It lets people know there’s actual disagreement about the anime faggots having total control over the art of Monero.

This is literally the coolest coin in the world and the art does not match that reality AT ALL. There’s a big opportunity here for artists to make absolutely incredible Monero art that actually captures the revolutionary potential of the coin. Which has fucking nothing to do with anime.

No, there’s no logical inconsistency of me saying this and then not “contributing” myself. I am not an artist at all.

>>60838371
What is "cool" or "matching" art according to you, amygdala-fried faggot/kike?
https://i.postimg.cc/DwgSZZbd/Cute-Aggression.jpg

>>60838371
>>60838388
https://www.youtube.com/watch?v=_qNmE0xQgfI
One of the biggest, most popular, and most influential anime characters and series is a literal blond blue-eyed Aryan warrior who unlocks his true power in a fit of berserker-rage. Tell me that is not antithetical and revolutionary compared to the globohomo media.
Monero is to banking what anime is (or can be) to media.

>>60838371
i can't even imagine any other kind of art for this context. you want some weird ass monero picasso?

>>60838424
Not all of us are Mexicans

>>60838434
Art of pirates, not anime pirates, but actual pirates. Okay, maybe anime pirates too, but there has to be a proper ship, cannons, the works.

>>60838438
So uhhhhhh, here's the pirate...

>>60838447
Yeah I remember that one. So real pirates it is. Or, don't use the money for advertisement design. That counts as "art".

>donations for the fund that was created after there was a high demand for more monero-chans
>wild newfag appears and has a hissy-fit over people giving ideas
it's all so tiresome

>>60838371
The only other artists that come to mind are the ones who play dress-up and/or dress-down for a living

>be me
>imagine writing down my treasure locations and the names of all the pirate mates' and fences i work with
>to an open ledger
>right at the town notice board
>think about how retarded that would be
>mfw i remember snitchcoiners do exactly that

Imagine not hiding your treasure.

>>60838371
>This is literally the coolest coin in the world and the art does not match that reality AT ALL
Still waiting for you to post memes or art

>duuuude i don't worry about my snitchcoin not meeting a fundamental requirement for real money (anonymity)
>bro just apply this shoddy cope patchwork that will never work as well as monero and will always stand out because opt-in privacy doesn't work
>mfw

>you can buy and sell every coin on this platform with your ID and bank account goy
>yes they all each finally going to save us from the central banks and their fiat system and government overreach and all that good stuff
>what? that monero coin? oy vey! yeah it's the only one not listed because of... government compliance reasons as recommended by fiat NGO and central banks.
>only a criminal white nationalist islamist pedophile domestic terrorist drug dealer would want to not have all his financial transactions shared!

>>60838493
It’s the most important thing happening in Monero right now. It’s not like you faggots are actually going to pump the price or something. You’re too pure for that.

>>60838531
Duuuuude don’t worry about my coin losing on the BTC/XMR chart for basically its entire history and my coin being up against the entire power of the world government with no actual plan whatsoever. I’m not rich but I get to tell myself I’m better than everyone else because my coin meets some property of money people wound up not caring about at all duuuuuuude.

>>60838388
Tux’s video was actually cool. I felt like I was part of a cool movement watching it. Whenever other people make Monero “art” I just feel like I’m surrounded by people at a D&D convention.

>>60838434
>I literally have no idea of anything outside anime
Yeah I know. That’s the problem

>>60838590
All solved by stackin' mo' 'nero. Ez.

>>60838599
Link?

>>60838603
https://x.com/tuxpizza/status/1957978507923059180

>>60838603
>>60838687
I searched for "tux monero" on YouTube and found this video:
https://www.youtube.com/watch?v=tRv9vSxN3X8

>>60838687
holy shit you are stupid

>>60838799
Same here. I don't use twitter. If it's not posted here it never happened.

>>60838603
>Link?

https://video.twimg.com/amplify_video/1957977997656670208/vid/avc1/1920x1080/C4Sx-a3cenaMOqMR.mp4

>>60838687
>>60838821
Thanks. Not so sure about Nick though and what's it with that rabbi looking guy but overall cool video.

>>60838807
Sorry i should’ve posted some obscure anime from Japan and linked to a sex doll site

>>60838893
Based obscure anime and sex doll enjoyer

Hey can someone explain why "Monero suffers from sub par tech" in this guy's post, and what is the difference between $midnight and $xmr that I keep seeing in here too?:
https://redlib.privacyredirect.com/r/CryptoCurrency/comments/1mxoms9/privacy_coins_are_the_most_interesting_asset_for/

I have not heard of midnight until I saw this, and I have no idea what privacy it offers versus monero

>>60839160
nevermind on the midnight question I scrolled down and saw they have a discord and got immediately turned off.

Still looking for an answer on why monero is subpar tech (according to the redlib link) though

>>60839160
>>60839179
I also saw that post and was going to ask here, but then I surmised he was talking out of his ass. Consider that he's shilling for Zcash relentlessly and flagrantly.
>>60839179
Midnight's official site also says they'll incorporate "compliance" with laws and regulations in various jurisdictions for when governments ask, as if governments wouldn't ever ask. It's like advertising a hardware/OS for security, then saying they will incorporate backdoors and trojans "just in case" for "compliance" with local laws. Lmao.

>>60839179
>Still looking for an answer on why monero is subpar tech

Reference to ring signatures, which are on their way out. It's basically their last desperate bid for attention as FCMP++ lurks on the horizon.

FCMP = Monero gets a global anonymity set that dwarfs Zcash's by orders of magnitude = Zcash left out in the cold with no cards left to play other than muh compliance.

>>60836703
>One single case of a person (entity?) laundering a good sum of bitcoin was enough for Monero to almost touch all time high after 3 overnight pumps and then solidly double the floor kek.
$330 million in BTC was laundered by this hacker
It stands to reason that ~200k anons buying $1650 worth of XMR could cause a similar price pump
This is not financial advice

>>60835257
>>60837163
this anon is right. the art fund is worthless in 2025. AI can generate prettier monero-chans and in an infinite amount of poses, even NSFW

jazz

Monerocucks on suicide watch as Z-chads enjoy the fruits of regulatory compliance.

>>60840615
What's the point? I can get a bybit card that lets me pay with stablecoins on my account. It's not a unique product at all, unlike uncompromised privacy.

>>60840615
>zcash
>a payment system that claims to hide transaction details
>governments don’t try to ban it
>the traditional banking system is starting to embrace it.

should ring a bell

every attempt to regulate Monero just proves its inherent value as an anti-system tool

>>60840615
>regulatory compliance
oh so the government collections agency in commie eu can steal them?

>>60840615
Does anybody actually fall for this?

>>60840700
>What's the point?

You get to flex on salty Monerocucks. About being able to use a permissioned credit card for permissioned white market purchases.


>oh so the government collections agency in commie eu can steal them?

Convenience is how they trick users into outing themselves.


>Does anybody actually fall for this?

Have you met the average Z-cuck? They're all moonfags larping as revolutionaries (sound familiar?) so they have no intention of ever actually spending their ZEC, something like this is ideal for them. The best part is how they'll talk your ass off about the coming "ZEConomy," which will apparently just appear out of thin air soon lol.

>>60841422
Peculiar indeed.

I'm not lurking in the thread these days, judging by the current price though the fearmongering has ended??

>>60838447
This artist is so good. Fucking AI slop will never reach this level.

THE PRICE DOESNT MATTER!!!!!
IT DOESNT!!!!!!
STOP LOOKING AT THE PRICE!!!!!!!!!
WERE ON A FINANCE BOARD STOP CARING ABOUT WEALTH!!!!!!
SELL YOUR COOKIES!!!

obsessed

>>60841730
i wish life worked like that but the reality will slap eurocommies hard in the grocery store

This coin guys

>>60841422
isn't brave also integrating xmr now?

>>60842200
>preemptively populating the smart contract space with our meme coin so when retards inevitably buy there they still buy our shit and we buy real 'neros with that

>>60842381
Monerochan will attract ethbros sooner or later, it's inevitable

Asking a genuine question and would appreciate a genuine response. I want to earn xmr with a decent skillset. Basically doing something legit and ethical with ethical customers. But the majority of people I see buy and earn xmr through very sus means. I just want enough money for buying gift cards for food and merch. Can any of you recommend me a service or skill to offer that's in demand and ethical? Aka nothing that requires me to do something sus or get sus customers. I remember lurking here and people who offered design and it services didn't have any luck. So I'm curious what's the deal now with Xmr users.

>>60842200
>>60842471

I keep telling the impatient moonfags here that this is what they should be shilling instead of trying to obnoxiously shill XMR itself as a ZOMG $10K SOON moon mission, which comes off as inauthentic given established perceptions.

XMR moons in slow motion, memecoins moon overnight, so meme magic this sucker into the next Dogecoin and you'll all make it without fucking up the Monero economy. Win-win.

>>60842571
>shill XMR itself as a ZOMG $10K SOON moon mission
nobody in this thread was championing this retardation. Nice strawman and gaslighting btw. Your brain literally works like, ">hurr, if I make the final post in the thread, then my pov will prevail", you fucking imageboard brain


We are saying, "encourage hoarding XMR". Stop alienating people who want to hoard XMR by saying, "Don't Buy XMR".

>>60842595
>nobody in this thread was championing this retardation

It's all so tiresome.

>>60842471
I hope they buy the right one because there are multiple.
>>60842548
You can check xmrbazaar and see what sells. There are also sometimes jobs posted there that you might be able to do.

>>60842548
Do you have any particular skills you're thinking about?

>>60842571
Still gonna moonfag Monero though.

>>60842602
>muh ZOMG 10K SOON SAID
>LOOK LOOK
>le your argument has been invalidated
>cake bake sales won!!!!111
>MAKE THE MINERS MINE AT A LOSS !!!!!

>>60842571
Yeah dude I’ll totally waste money I could’ve spent on XMR on some shitty fucking memecoin. That’s why I’m here

>>60842602
>screenshot of post over 1 month ago
>therefore I get to say whatever I want

>>60842620

ngmi

Monerochan will reward the faithful bakers.

>>60842645
You should be banned all of your posts are off topic

>>60842620
>some shitty fucking memecoin

Usually you'd be right but the dev behind this is a respected community member (Crypt0Bear) so that gives this token more credibility than most right off the bat. Something you lazy faggots could leverage to your advantage if you actually tried instead of constantly whining about Monero's established spending and entrepreneurial culture.

>>60842548
>Can any of you recommend me a service or skill to offer that's in demand and ethical? Aka nothing that requires me to do something sus or get sus customers.

XMR-spending shoppers come in 2 varieties:

#1: normies who are either forced into shopping with XMR (darknet markets) or [COMING SOON] normies who are lured into shopping for sub-retail bargains (grey markets).
#2. XMR earners who prefer to spend directly in order to avoid KYC headaches and conversion fees.

Sounds like you need to appeal mostly to #2. Something that should work well is a middleman service, you be their bridge to the mainstream economy: buy items with fiat for them, pay their bills, etc in exchange for XMR. There's already a bunch of such offers on XmrBazaar.

What is the reason for the 2min block time? Only storage size? Can it be reduced for realtime payments? Something like 10s would probably be optimal for smth like paying at a counter.

>>60842746
Shut the fuck up.

>>60842548
-just work for fiat and put your wages towards XMR
-provide liquidity on retoswap
-monero.vegas if you're good at gambling

>>60842746
>downplays Monero as a GMI coin
>tries to push a literal shitslop memecoin instead
Kill yourself you absolute tranny kike gorilla nigger MEXICAN. You're sitting on Monero, a literal gold mine of opportunity, and instead you waste your time on trash from India's asshole. I hope you sell all your Monero for your gay memecoin

Not investing in the original design which created Monero is sad. Stay true to the 1 CPU=1 vote, get Nerva XNV. It needs some love and support right now you wastes of skin. Be nice.

(((keynesians))) are seething
keep stacking bros

>>60844768
I know this is irrelevant
but some people had my address saved and used to send me something every now and then
I don't have access to my previous address: 41j ending 3yZe

XMR:
893qvnGketXV72jLmcDNhSWQgMQvzP4ab71HdaWMPrBrittG5PPfVrZcFKNYHv9UfXRDBkzvzNSc5bn7m7nJA6taKJ37gQW

this is my new one

She snacc.

$10,000 SOON

>>60845103
this

>>60845037
Very comfy.

stop posting fumos

Donate to the destruction of Israel

8A6f3TDAaHf1PC7QCnEECyi1kQYrU2Puo77xwFM5c777ZqPdpyqegBneMz2VceXhHz2gahx2GwwRoWLbm8EfGP6o7MjoLEg


>vnr

>>60845906
No timestamped kike gassing videos -> Indian

You can get paid 'neros for just being a Chud in Bongland:
https://xmrbazaar.com/listing/hsXZ

>>60846397
>requires purchasing a flag
Oi dis barely profitable den, mate.

>>60846614
Rip some red and white clothes off some slags and tape the flags together.

>>60846643
It says requires proof of flag purchase. Wanker wants you to get arrested for three quid profit.

>>60846643
>Conditions:
>- require proof of flag purchase

>>60846614
Start selling flags on xmrbazaar

https://xcancel.com/super_testnet

Based

>>60846667
>>60846673
I wouldn't be surprised if that was negotiable if you could prove you made flags.

>>60800655
More precisely it's Esperanto for "coin".
>>60802627
Savi is specifically to save as in saving someone's live, saving money would be ŝpari (Ŝ is pronounced like SH)

>>60846843
*saving someone's life, typo.

wow first ever failed transaction
after 4 confirmations

yo qubic just 45/100 of the blocks

>>60846950
they need to stop
im tryna buy shit over here

it's 50 now. did they rent out more hardware?

shit is real right now

Here we go again.
https://nitter.net/search?f=tweets&q=monero

Chud from beyond is beyond based. Let's hope he keeps fucking the network until the devs are too tired to care about muh ideology.

>>60846997
>>60847039
Solution is keeping miners mine at an "acceptable loss". Also bring in the PoS in the form of " finality layer". Moonfaggos out. Bake sale must go on.

Lots of unknown blocks. Looks like they're trying again.

>>60846707
Who was that?

>>60847123
>>60847210
I don’t get it!!! Did the chocolate chips not have high enough cacao content???? We put so much love into those cookies :,,(

We need to bake more cookies gentlemen. Eventually the whole world HAS to understand how nice we are!

>>60847210
>keeping miners mine at an "acceptable loss"
Kek. This never gets old.

It's easy. Just sent all your fanciest computers to me, goyim. I can mine at a profit in my shithole.

>>60847279
>I can do it so no problem
Well, save the network from reorgs, then. They had 9 block reorgs and they will probably breach the 10 block reorg.

https://xcancel.com/xenumonero/status/1960064002064544009#m

Monero actually deserves to die if the devs are so stupid that they think non-profitable mining is acceptable.

Yawn, spending thousands to make hundreds by rolling the dice is such a non-starter. These fags don't even have 45% of hashrate, let's see these fags 51% through 1k blocks.

>>60847344
How does making mining more profitable prevent miners from getting bribed though?

>>60847352
>bribed
Lmao. You are still yapping about that talking point are ya? Yeah bro, miners can always be bribed so let's keep them mining at an "acceptable loss" (lmao!) cuz miners mining at a loss will prevent bribery on the network, surely!

>>60847347
>spending thousands to make hundreds
It is a media event. There is prestige to be gained by succeeding such an attack against Monero.

>>60847344
Mining would be plenty profitable if XMR was $2700

There is no attack. Even if a 51% is sustained, at worst it will cause come instability. To imply that any exchange can't just give out unique subaddresses, which I'm pretty sure they already do, and then to simultaneously working through which transaction is the actual one, to then change it, and still bank on a 51% chance that the subterfuge goes through? The only people who could ever be convinced are people who don't use monero, so who cares? Its probably why its all crickets from the devs.
>>60847456
It obviously will when the hyperinflation starts in earnest. That's why we have to deal with so much hassidic fud between now and then.

I'm not against increasing fees but the real way is:
Number go up -> Increased rewards -> Moonchad cycle -> More number go up -> Miners side with Monero because they will expect more number go up...

>>60847352
Bribes aren't financially viable.

>Monero miners get bribed to damage the network.

Ok.

>The next week Monero 2.0 is launched (identical tech).

∞

Now the briber has run out of money. Bribes don't hurt the project on a technological level.

Also, like this guy said >>60847419 they're already mining at a loss/break even, they'd actually be less likely to take bribes if they're making a profit.

so I've decided to read qubic's white paper, and I have no idea what the fuck I'm reading. Something about using AGI on the blockchain, and how they're using upow to take over monero? None of that makes sense.

Any fa/g/ with half a brain would read this shit and immediately call it out for being vaporwave, it really does seem like he's doing it for publicity to pump his bags. I have no idea where he's getting all this money to fund his mining rigs, and the only "bi-partisan" news I can find are his sock puppet accounts on twitter with like 15 likes each post reposting the same thing over and over. Even their subreddit is dead as fuck.

There is quite literally no organic discussion on qubic's side.

>>60847498
Number will never go up while 51% attacks are easily achievable you brainlet. You need more miners first, and the only way you're going to get more miners is with increased mining profitability.

Daily reminder all whales have to do to save Monero in the short term is to donate XMR here so P2Pool becomes the most profitable CPU mining one can do:
https://xmrvsbeast.com/p2pool/

And daily reminder for all p2pool miners to apply.

https://xcancel.com/xenumonero/status/1960090687598153978#m

This is good but not sustainable. In a healthy monero network, the protocol itself rewards the miners for the worm they do, not the one-off donations.

>>60847710
>worm
*work

https://www.youtube.com/watch?v=RlC5DEp2EOQ

>>60847544
yeah its retarded. take a look at the "codebase" it is incredible to say the least. I think this is a massive rented hashrate scheme.

Gotta fight for what you believe in

>>60847498
>Number go up
This happens if every XMRchad buys $2k of XMR asap

>>60847544
Yeah it is retarded
>Socials
-Reddit: 2,100 members / 1 online (kek)
-Telegram members: 20,000 / 400 online
-Discord members: 60,000 / 4,000 online
-Twitter followers: 100,000 (post engagement in the hundreds)
>30-40% network share - 25,000 EPYCs worth of hashrate
>Government/corporate/academic collusion
Possible
>Loose CPU compute from a GPU data center
Plausible, but would still require some good connections to use for this long cheaply
>Crowd-sourced compute
Only plausible if practically their whole 'community' fully deployed and committed multiple CPUs per user *(3/5/7/9) *900X/*950X hashrate to their pool + some users have EPYCs + Qubic still rented compute make up the remaining difference.
>Botnet
Retarded for aforementioned reasons here >>60836395
>ASICs
Lol, lmao even

>>60847864
>I think this is a massive rented hashrate scheme
The problem is that would still cost hundreds of thousands if not millions of dollars. I think people are vastly underestimating the scale of hashrate, regardless of the selfish mining edge.

>>60848335
>30-40% network share - 25,000 EPYCs worth of hashrate
No way. Let me do this math

EPYC Genoa 9654 - 2.7k USD on ebay right now
So 2700 x 25,000 = $67,500,000 USD

Either you are getting their share of the network hashrate wrong, or there is something really fucky going on behind the scenes with the guy who owns qubic. Because to be able to rent out the hashrate of that many cpus is only available to organizations, or an individual with a lot of money.

>>60843169
You also need to ensure that information about a new block reaches most nodes in the network.
It was 1min till 2016.
Here's an announcement:
https://www.reddit.com/r/Monero/comments/4bgw4z/comment/d18z47k/
They link to forum.getmonero.org which doesn't open for me but web archive has it:
https://web.archive.org/web/20250427034515/https://forum.getmonero.org/20/general-discussion/2401/increasing-the-block-time

>>60848354
>their share of the network hashrate wrong
Even with the selfish mining advantage that gets them at BEST a 10% bump, so the hashrate (and therefore block results) had to have been at least 25%+ (1.2GH/s) of the network. Which is still phenomenal at 14,000~ 9654s worth.
>there is something really fucky going on
There is absolutely something fucky going on here, but everyone is absolutely mindbroken by economic discussion so this is completely overlooked.

Here is my previous post breaking down some more shit

Let's be absolutely conservative and assume they got some insane deal on the following for $6,000 (CPU, MOBO, RAM)
>most cost effective and efficient configuration
Dual socket 9654 + 12 DIMMs (6 per CPU) @ 160kH = 1100W~ (at the wall)
>total cost
12,500 x $6,000 = $75,000,000
>total power
12,500 x 1100W = 13,750,000W / 1,000,000 (MW) = 13.75MW (basically a small town)
Any CPU less compute-dense than these would mean even more units, more cost and more power. Non-CPU theories would require EVEN MORE units and power, which is no more believable.

>>60848420
Actually just realized it should be even more for that total cost because I didn't account for the dual CPUs in the halved multiplication, but whatever. Point is clear that it's just an insane amount of cost if it was owned hardware.

>>60847352
I have literally been “bribed” to do my shitty job for my whole life. Say what you want about bribes but if they pay the bills you get really dependable employees.

>>60847544
Why the fuck do people bring this up? The “white paper” is an advertisement for 90 IQ people thinking that reading it makes them smart.

The socials are also worthless to bring up. The sole important thing about qubic is how much HP they have, however they acquired it.

>>60848420
>>60848432
Given these numbers, Occam's Razor says bitmain made an X6, but how much better could it actually be than the X5

NEW THREAD: >>60848755
>NEW THREAD: >>60848755
NEW THREAD: >>60848755
>NEW THREAD: >>60848755
NEW THREAD: >>60848755
>NEW THREAD: >>60848755