/biz/ - Business & Finance

>>30425077

Binance/Kraken already has it I don't know why you guys are making it so big deal

>>30425362
I dont have binance/kraken and don't feel like going through the pain of creating another exchange account.

>>30425458
I've heard Kraken isn't too bad to get going
Not that I know, I mine all my XMR

>>30425577
How much XMR do you have from mining it?

>>30425987
Disclosing your exact balance isn't the best idea but I've made an alright amount, not quite at the level of a proper wage certainly but with a couple more machines I'll have my basic monthly bills covered like car insurance and food after power costs
I already owned a lot of computer hardware though, granted not a lot of high end stuff but after a lot of tuning even unimpressive hardware can do some pretty good numbers

>>30425577
Wait until you realize you've been mining at the wrong address all those years, the taxman is going to be bummed AF :(

>>30425987
he's got an unknown amount (UM for short) like everybody else. go to monerobenchmarks.info to see your processor's hashrate and then go to a mining profitablity calculator to find out the rest.

>>30426357
Yeah, that would REALLY suck, I won't even check though, I KNOW I got the address right, even though my memory is pretty bad and there's an almost 100% chance I'm wrong

>>30425077
We need to start harassing @tyler to ditch Zcash and list Monero on Gemini

ARPO is like a 4c Monero

>>30425987
Mining Monero isn't very profitable unless you have a few Threadrippers going. It's better to mine ETH on Moneroocean and just get paid in XMR

>>30425362

Monero is awesome

>>30425458
faggot

>>30425077
Coinbase is for burgers, they will never allow them to buy Monero.

>>30425577

Nice
whats your mining rig specs for Monero?

>>30426248
Do you have any tuning tips? Currently running an i5-3450 getting around 1200KH/s on xmr-stak-rx.

>>30425077
Coinbase has been very transparent about the fact that they were explicitly told not to list Monero for legal reasons. So it's most likely never happening.

>>30426552

That is Good to know

I've been mining this shit for three weeks and I have 0.
I thought this was the one that could mine solo?!

>>30426248
what's your advice for a poorfag who wants to get into mining mostly for fun (although I would like to start turning some profit eventually)

While I plan on mining XMR because it's a project a believe in, would mining something else like Ethereum be more profitable?

>>30426657
There are some discussions by U.S. regulators to require KYC information on every wallet address that withdraws from an exchange. That would obviously be impossible with Monero. I heard Brendan Eich talk about that, explaining why Brave browser requires a KYC wallet if you want to withdraw your BAT.

>>30426782

You probaly need to be in a pool

Or like the one guy here said he mines ETH then trades it in for Monero

>>30426804
You can mine ETH and Monero on moneroocean.stream. That's who I use, not trying to shill them but it's a good pool. Use Gminer to mine ETH, and Xmrig to mine Monero.

>>30426804

It might be more easier to mine pajeet shit coins and trade them in for BTC,ETH,lite coin and Monero

>>30426871
But I don't want to be in a pool, I'm a brooding rebel who plays by his own rules.

>>30426804
If you have an Nvidia GPU (or 12) you can mine ETH profitably. See this https://moneroocean.blogspot.com/2021/02/ethereum-gpu-miner-setup-options.html

>goyimbase

>>30426964
You're highly unlikely to find a block solo mining. Just use a pool and take a steady trickle rather than hoping for a jackpot.

>>30426898

We need more miners

But some of these people have shitty rigs abd cant mine so I would suggest they mine a shit coin then trade to a more stable coin like Monero or ETH

>>30426964

Mine something else and trade it then

I just traded shitty crypto like stellar lumens for BTC

>>30425362
It's always good to have more options. Binance US doesn't support Monero and you could risk getting banned if you're an American using a VPN. Kraken works, but funding your account with USD is a pain in the ass because you can only do it with wire transfers.

>>30426657
They were *advised* not to. It is perfectly legal for them to list Monero but they probably don't want to deal with the negative press when NYTimes, CNN, and WaPo inevitably write hit pieces about "Crypto Exchanges that Help Fund Money Launderers, Terrorism, and White Supremacy".

>>30426628
I have quite a few machines
>2 Ryzen 3900x machines (14KHs each)
>R815 poweredge with 4 opteron 6276s (10KHs)
>Ryzen 1700 (about 3KHs)
the rest is made up of mining altcoins on moneroocean with GPUs
>1080TI underclocked for efficiency but pulling more MHs than stock
>RX580
>5800XT
This is the biggest moneymaker, but you need to undertune the cards to use less power, if you bump the clock speed and drop the memory clock, it'll actually hash better but use less power

>>30426645
You might have a harder time with intel chips, there's a few things you can do though:
>Disable hyperthread
Intel's hyperthread solution is a lot worse than AMD's for mining, you'll get more than double per core with it off
>Get the fastest memory you can for your CPU
This helps a lot more than you'd think
>Look into the CPU config for your mining tool
Not used xmr-stak, but I know XMRig has some pretty in depth settings, poking with these can improve things a lot, if you look at the folder "docs" on their github, it should have all the info you need for each setting
There was a more detailed guide in the OP but it seems to have vanished

>>30426804
Like >>30426898 said, you can use a pool like moneroocean to use GPUs to mine altcoin and auto-convert it to monero, I do this for the most part and it can sometimes be better than most top of the line consumer grade setups, I would still recommend using your CPU for mining at the same time since the network needs all the mining support it can get and if you're converting to XMR you'll be adding transactions to the network so it's worth giving back
You can also try tuning the shit out of your system, most people I know said my opteron setup wouldn't break 4 K and now it hits 10 K
If you just want to get into mining for fun, look for 2nd hand server units, poweredge servers are best, just check the CPUs and their average hashrate

>>30427063
Moneroocean does automatic algo switching to mine other shitcoins and auto convert them to XMR on places like tradeogre

>>30427349
>There was a more detailed guide in the OP but it seems to have vanished
I'm retarded and thought this was the XMR general lmao

>>30427491
One day 90% of /biz/ will be XMR threads :)

>>30427564
Does certainly seem popular in other threads

>>30427349
tuning tips? I have a 3600x and it's at aronud 2-3khs, I only undervolted it a little

>>30428158
Make sure you have 3200MHz memory, try to get dual/quad channel sets
Be sure the tool is running as admin if you're using XMRig
Also, try using Huge Pages JIT

>>30428338
thank you