/biz/ - Business & Finance

PREVIOUS THREAD: >>50394182

STOP MINING IN MINEXMR
>START MINING IN P2POOL
STOP MINING IN MINEXMR
>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 shutdown/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. When P2Pool reaches 51% of the total network hashrate, Monero will be essentially invulnerable to such attacks.


YOU CAN NOW MINE IN P2POOL DIRECTLY FROM THE MONERO GUI WALLET!

If you have a PC or laptop:

1. Download Monero GUI
https://i.imgur.com/ZGefPef.png

2. Pick 'Advanced' mode
https://i.imgur.com/4c0uSE4.png

3. Set up your wallet
https://i.imgur.com/4lMKh00.png

4. Keep the default Daemon settings "Start a node automatically in the background"
https://i.imgur.com/maACmmT.png

5. Once sync'd, go to Advanced->Mining and pick 'P2Pool'. If you have a laptop or low-end PC (~50 kH/s) pick "Mini" pool, else pick "Main"
https://i.imgur.com/E60JeMG.png

P2Pool-compatible remote nodes if you do not have your own local copy of the blockchain:

>p2pmd.xmrvsbeast.com - (Western Europe) (rpc-port 18081, zmq-port 18083)
>myxmr.net - (Northern Europe) (rpc-port 18081, zmq-port 18083)

OTHERWISE SWITCH TO A SMALLER POOL, IT TAKES YOU 30 SECONDS AND YOU CAN JUST SOURCE A DIFFERENT CONFIG FILE IF YOU DON'T WANT TO FUCK UP YOUR EXISTING ONE.

Many inexperienced miners think that big pools give better profits which is not the case. Your profits in the long run depend only on your hashrate, not on the pool's hashrate.

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

>>50433192
3dpd

Never forget what this is ultimately all about.


>Help grow the circular Monero economy: buy/sell goods & services with XMR!
https://monerica.com/
https://www.reddit.com/r/moneromarket/new/
https://monero.com/marketplace
https://cryptwerk.com/pay-with/xmr/
https://acceptedhere.io/catalog/currency/xmr/


>Support Monero-only darknet markets/vendors

>AlphaBay
http://alphabay522szl32u4ci5e3iokdsyth56ei7rwngr2wm7i5jo54j2eid.onion

>Asur Market
http://asuradsh6gbnppvmsqyfumjdux7iwwo54w5tkgcdspjsnvcm6oepxvqd.onion

>Chimera Market (recently launched, exercise caution)
http://chimera4sbuapqzajx2d3sptk3sazz5gc5pzstaistvasegw3nepv3qd.onion

>Cloud Market (recently launched, exercise caution)
http://cloudfyy4q5qdgupqe4ne2pkccpy7xkizpntlaeopensdpy53ywswkad.onion

>FilthyFellas
http://filthygerfvjetqrkjg2mpsqhepmb2ndrhhj6n3266ju4xh6uir2kiad.onion

>Mellow Market (recently launched, exercise caution)
http://mellownx5c2tkrmrvvsnbfdnm3zvp6ozqdyuwwtgd7ivaae5noavwoad.onion

>Retro Market (recently launched, exercise caution)
http://retrom75eccxmlh2sg6xkfv4hp7y6nwoqkdilgckxqlvon4rmefk5nid.onion


>Want to assist further development? Donate to the Monero General Fund/MAGIC Monero Fund
https://ccs.getmonero.org/donate/
https://magicgrants.org/funds/monero/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

Zcash is where it's really at, folks

>The irrational exuberance of cryptocurrency investors

Irrational exuberance is characterized as a hype-fueled mania that causes investors to massively overestimate an asset's real-world value. In this delusional state, investors tend to become so smitten with expectations of greater profits that they disregard the assets’ potentially weak fundamentals and drink the proverbial Kool-Aid.

This then leads to them recklessly and repeatedly buying into whatever asset is currently rising in the charts, thereby triggering and/or sustaining an asset bubble. This bubble is kept inflated solely by the mass delusion that the market price is justified and will only keep going up in future, effectively becoming a self-fulfilling prophecy. Note that bubbles can last for years, especially in an age of easy investor on-boarding. However, when history inevitably repeats and the bubble bursts that optimism invariably turns into panic as the asset crashes back down to its real-world value.

In finance, the "greater fool theory" suggests that one can sometimes make money through the purchase of overvalued assets—items with a purchase price drastically exceeding the intrinsic value—if those assets can later be resold at an even higher price.

In this context, one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero.

This effect is often further exacerbated by herd mentality, whereby people hear stories of others who bought in early and made big profits, causing those who did not buy to feel a fear of missing out.

https://www.youtube.com/watch?v=YQ_xWvX1n9g

>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total Bitcoin = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings Bitcoin would eventually require a $2.95 trillion price per Bitcoin and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL.

And that’s assuming energy costs do not increase at all over the next 120 years, which they will.

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

Anyone notice Monero-themed web domains are all getting bought out. I checked a few months ago and there was plenty good ones. Now there's barely any.

>>50433192

>>50433319
Someone on /biz/ promised 10 Zcash to a get and never paid out. XMR-bros keep their promises.

>>50433481

XMR bros are going to get people arrested, jailed or worse by shilling an inferior privacy solution.

Zcash or bust.

>>50433733
Why you do this? I assume you hold Monero and are just doing this for fun. Given zcash shills don't really exist beyond jeets & corporate hires.

>>50433192
This is the real monerochan

>>50433764

The global Zcash Underground is larger than you could possibly imagine and our time is finally coming. Stay tuned.

>>50433733
>Zcash is privacy-optional and seeks to be regulation compliant. "Enough to catch criminals" but still "private".
No, and never. Zcash is shit. You know how I know it's shit? They paid for a plug in Law and Order as "The crypto criminals use for ransom".

Reporting in

tor irc- https://pst.klgrth.io/paste/tzm4s
Aliases- https://pst.klgrth.io/paste/bjbx3
Extras- https://pst.klgrth.io/paste/daxte
Nodes- https://pst.klgrth.io/paste/ke2k8
Mining- https://pst.klgrth.io/paste/c7na4

>>50433796
>The global Zcash Underground is larger than you could possibly imagine and our time is finally coming. Stay tuned.

How about you and your global army of badass cypherpunks go start your own General?

ZCASH is the only privacy coin that has a proven track record.
Repeat after me:
In zooko we trust.

>>50433836
>They paid for a plug in Law and Order as "The crypto criminals use for ransom".

This actually happened, I did a double-take when I saw it.

>>50433969
fuck bro why would you post that, I'm eating.

>>50433796
So it's a larp then. I mean, I fudpost on bat threads all the time. But they're low hanging fruit, so it's easy.

Anyways, other ideas for monero.place ansi screens? I'll need a menu commissioned, so am thinking:
>Monero-chan lying down (pic related)
>Neo from The Matrix
>Lawrence & Holo from Spice & Wolf riding their wagon

>>50433861
basado el wirey

also my teacher told me wirey is spelt wiry. shes in hospital rn i wont tolerate that shit!

Every time I see a monero ad or people discussing it its always linked to violence. Why would I want something that killers and thieves rave over. Leave me the fk alone monero.

>>50434187

Problem?

>>50434187
The point is that while you might agree killing and thieving are specifically and universally criminal - there is rapidly approaching a day where merely speaking what is true becomes a criminal offense. Some might say it has already happened. It's hard to say... if it had, how would you know?

Privacy is a fundamental right. Exercise it, along with your other rights, or lose them all.

>>50434187
I hear you dollarbro, keep using dollars, that way you can make sure you support way more pedophilia, drugs and murder of innocent infants.

>>50433192
dammit I sold 1 monero yesterday.. I am pissed!!! Why is the market going up?

>>50434187
https://youtu.be/JyhfHQ_7Skg

>>50434318
>1 xmr
Back to your village Rinesh

>>50434436
I didn't convert to tether or anything, I used it as intended. Just pissed. I thought I would spend it, and then by back cheaper, thus getting a deal. I really hope that wasn't the bottom for crypto.

what's the xmr make it stack these days?

>>50434683
XXX

>>50434763
hmmmm okay. thanks bro.

I see, Z-Trashers are spamming here again.
Can't these corporate monkeys open their own general?
But i guess it will look 50/30/2/11 after half an hour.

>>50433192
I just like the coin

>>50434483
97 was the bottom

Reminder that Gratuitas coffee is really good and you can pay in XMR.

>>50435766
Checked, and fuck. I know TA is a meme but i'm hoping this is a triple top and i get another shot to buy at sub 100 again

>>50435892
it's possible, I'm greedy but personally I'm shooting for $75 XMR. Anything under $100 seems like a great buying opportunity though

>>50435812
>>50435812
Thanks, host

Will a time ever come where I can buy a prostitute with XMR?

>>50438355
You don't know? Did nobody tell you?

>>50438378

>>50435357

They try to get a ZEC General going a few times a year, it always ends in humiliation.

Monero almost hit a new ATH in transactions yesterday. The adoption is growing rapidly.

ATH: 42,244
Yesterday : 42,233

>>50440997

Yep, there's been like 3 more Monero-only darknet markets that have launched recently and another one has just been tentatively announced.

Bitcoin is slowly but surely losing relevance as Monero keeps gaining real-world market adoption. The Flippening is well and truly underway.

>>50441034
N

>>50441034
Based and checked. The organic growth of Monero is unstoppable. It is only a matter of time until btc is surpassed by the superior choice.
The flippening will occur within this decade.

>>50440997
Damn, had I known I would've just shuffled between wallets a little and helped break ATH lmao.

Somehow I managed to compile monero-cli in OpenBSD by just cloning the repository again and just running gmake without any additional arguments.

>>50441849
Same lol, it was only 11 transactions shy.

>>50441259
The real number go up.

just bought whey with monero

>>50443873
Get those anonymous gains brah

Has Zcash fixed the 41% vulnerability yet?

Bitcoin pumping, Monero dumping. It is all over for us, monero-bros.

I wanted to start mining, but the hash rate for my CPU is reported to be 750-1500H/s. According to the mining calculator, I'd have a meager profit of $1.5 a month, assuming the electricity is free. Is it right? Am I missing something? I have an i5 7600k, I didn't think it was *that* old

>>50445436
Yeah that sounds about right.

>rig costs $900
>earns $0.50 a day.

>>50445646
So basically it's unprofitable to mine unless you have very good hardware?

>>rig costs $900
>>earns $0.50 a day.
Are you talking about your rig? What is it?

>>50445787
one of them, yeah.

>Ryzen 9 5950x
>Gigabyte mobo
>16gb ddr4 3600
>noctua nh-d15 cooler
>corsair PSU
>USB to boot from

approximately 900 is what I paid at the time, might be cheaper now.

xmrig benchmarks for the CPU say ~20KH/s but that's horse shit, even with weeks of tinkering I only ever got it to reliably push 14,250H/s without shitting its pants every 10 minutes.

>>50445436
I spent 6k on building 10 3950x and 3800 boxes. I have a total hashrate of around 140,000 KH/s. I make about $5 a day. Its not about the money its about fucking over the feds and Jews.

i can't wait for the cup and see /ourgirl/ play

>>50446078

Does anybody have this King's address?

Swapped all my Monero for Lovelace instead and haven't looked back :^)

>>50447056
Ok n word

>>50446078
Based electrical bill launderer.

Remember to overclock and fine tune your RAM timings, to get up to a 20% boost.

>>50445885
>Ryzen
Stopped reading there lmao

>>50447088
Ryzen shits on every other CPU for mining XMR, what are you smoking? 3950x is still the price/performance king.

when’re we getting rich lads?

>>50447081
You don't want to overclock. You want the find a good hash/watt ratio. This also helps with the heat. Most of my boxes are undetvolted to 0.9v and locked at 3.2 pulling 110 at the wall.

>>50447184
My expert intuition tells me it will be another half decade before the normies realize BTC isn't private and also not a functioning currency.

We're in for the long haul.

>>50447199
Overclocking RAM and tuning RAM timings costs no extra watts but yields 10% or more performance due to RandomX's quirks.

Try and always buy Samsung B-die DDR4, and make sure all 4 slots are populated for 3950x. DDR4 ram is cheap as fuck right now.

https://www.reddit.com/r/MoneroMining/comments/l62g3l/samsung_bdie_ultimate_giude/

>>50447231
I overclocked my ram and got no increase. Its currently set at 3600 cl14.
Populating all 4 would provide no increase in hashrate on ryzen. All you need is 2 slots filled for dual channel.

>>50447384
>I overclocked my ram and got no increase. Its currently set at 3600 cl14.
the tRFC timing is the golden goose, try to get it as low as possible. Other timings matter much less.

>Populating all 4 would provide no increase in hashrate on ryzen. All you need is 2 slots filled for dual channel.
Normally yes but I found that with the 3950x it actually did improve, maybe 16 cores 32 threads is too much for 2 slots of ram to handle, even in dual channel.

Obviously capacity doesn't matter so if you can somehow find dirt cheap 4gb sticks thats what you want.

>>50447184
>when’re we getting rich lads?

Death to all moonfags

>>50447207
>My expert intuition tells me it will be another half decade before the normies realize BTC isn't private and also not a functioning currency.

Sooner than that, BTC is bleeding darknet market share like crazy while embarrassing shit like the Canadian Trucker BTC fiasco keeps happening, a major narrative shift is inevitable within the next 12-24 months.

I know a guy, who is a confirmed retard.
Since his father is a high ranking official, he got funneled into an admin job at a serverfarm, driven by the government.
But this guy is literally only able to create accounts and set some basic stuff up.
I met him on a forum like two years ago and he randomly asked me questions about setting up different things on servers.
When i asked him what kind of servers and what purpose they are serving, he said they are governmental and hold databases, where the entire countries different authorities log in to, to get infos on all kinds of stuff. So no heavy rendering processes going on.

This dude even created a remote admin account for me with root rights to fix things in his name, which i used some month later to install a CLI Monero miner on about 40 of their 260 dedicated servers.
Most of them run Epycs or Threadrippers of different spex and some older models run Xeons.
Sice about 3 weeks now, i get about 35 bux daily for mining on their servers.
The mining servers run at 65% CPU on average, to not slow the servers down too much so that people wanna look into it.
This guy does not even know my real name and i logged into the servers, using a used SIM-card and a linux installed HP laptop.
No way they gonna get me if they find out.
I feel tempted to put the other servers into mining as well.

>>50447088
For mining, this ryzen is objectively superior to anything Intel has to offer in even remotely the same price range.

>>50447117
shhh let me keep hoarding them for a bit

Final Monero-chan ansi piece was finished by Zeus II. Turned out great. He said he'd do a few more pieces for me. Any ideas for Monero-themed menu screens or the like? They've gotta be low detail since it's 80x25

>>50447117
Is it, really?
Amazon:

Ryzen 3950X - 722 USD
Ryzen 5950X - 580 USD

On https://xmrig.com/benchmark
The 5950X is ranked slightly higher than the 3950X
I consider the 5950X being the better bang for the buck.

>>50433192
A reflection on the state of the Monero Project source code.

One of the positives of the Monero Project compared to the Bitcoin Project is that the former has not undergone a definitive ossification process, which allows Monero to enjoy new developments in the cryptography branch among other performance optimisations in its code.
But this is a double-edged sword. While Monero keeps up with the eternal cat-and-mouse fight for privacy, it also means that with every modification to the code there is a non-zero chance that we are introducing catastrophic bugs into it.
Of course the argument is that there is enough crowdsourcing money to pay for source code audits, however I don't believe that's enough, not in the least. In fact a quick look at the Monero Project's Github indicates that there are very few people participating in its development in any way. This number is even smaller if you consider the core developers, which is basically programmed by a single person.

Within all the random and unsubstantiated FUDs about Monero that are spread around the internet, this is the least publicised and I believe the closest to reality in the sense that there could be a destructive impact on the network. When you see people commenting on the FUD of "constant hard forks" they are usually mentioning the fight against ASICs, which has already been solved with RandomX. I am more interested in the possibility of introducing new bugs in the source code.

My conclusion is that there is an absurd and extremely serious lack of talent in the Monero project. This project needs a much larger number of contributors both in the matter of C++ development and in the mathematical and cryptographic part (Monero Research Lab).
What would be achievable and practical tasks to fix this problem in the Monero project?

>>50448702
>I am more interested in the possibility of introducing new bugs in the source code.

That's what multiple 3rd-party audits are for.

>What would be achievable and practical tasks to fix this problem in the Monero project?

Time and exposure. As Monero continues to raise its profile and make a name for itself it will also attract more and more attention from professionals in the relevant fields, same way it happened for Bitcoin.

>>50448612
>buying new
meanwhile first result on ebay

>>50448867
>>I am more interested in the possibility of introducing new bugs in the source code.
>That's what multiple 3rd-party audits are for.
3rd-party audits are not the ultimate solution. You want as many 1st-party audits as possible by the manner of having many developers contributing to the development of the protocol and looking out for bugs, not 2-3 people.
Let me be clear that I don't believe Monero has a centralization problem with so few developers, as the development is still made in the clear and I've noticed that the development community *is* open for new members who actually want to contribute.
That being said, the number is extremely low, and it's very hard to defend the position of "just wait another 10 years and we will get more developers". Monero is almost 9 years old and we still have one guy doing most of the development.
Is there any way I can explain how this is quite a big problem? If the guy dies tomorrow the project development might stall altogether until someone who's also a C++ God steps up. I think this is the biggest risk the Monero Project faces today and I fear people will only care once the only developer leaves, dies, gets sick, disappear, etc. For some reason people are unable to construct a future where this man stops working for monero for one reason or another.

What about semi-centralized institutions that actually give salaries to developers and researchers so they can focus on Monero's source code? After all, even if it's an open source project mostly driven by volunteers, these people still need to eat and having a salary provides (at least some) financial security to people.

XMR BROS WHEN ARE WE MOOOOONING?!?! I WANNA MOON I GOTA MOOOOOOOOOOOOOOON

>>50448888

>>50444898
N-no.. tell me it ain't so

>>50444898

>Dollar valuation

Monero is measured in Satoshis, friend.

>>50449029
>That being said, the number is extremely low, and it's very hard to defend the position of "just wait another 10 years and we will get more developers". Monero is almost 9 years old and we still have one guy doing most of the development.

"Still one guy?" lol WTF you talking about, you do realize that the fully anonymous devs don't submit code directly, right?

Also worth noting is that the Monero Github repository currently has over 6.8K stars and frequent commits, it's still going strong.

And there's not that much else to work on as far as core development goes: D++, stealth addresses and RingCT are pretty much done apart from the odd optimization tweak, which leaves just ring sigs i.e. Seraphis. And remember that Monero readily "steals" tech developed by others, so we don't actually need dozens of engineers reinventing the wheel.

>What about semi-centralized institutions that actually give salaries to developers and researchers so they can focus on Monero's source code? After all, even if it's an open source project mostly driven by volunteers, these people still need to eat and having a salary provides (at least some) financial security to people.

That's what Monero MAGIC Grants are for.

>>50448887
https://www.ebay.com/itm/314077763460?epid=17041995076&hash=item49207e5784:g:ZNgAAOSwR6hi1hpR

https://www.ebay.com/itm/255632223035?epid=17041995076&hash=item3b84de2b3b:g:oG8AAOSwgQ1i0nqR

Still, the 5950 is a better deal even used.

>>50449825
>>"Still one guy?" lol WTF you talking about, you do realize that the fully anonymous devs don't submit code directly, right?
I'm talking about moneromooo. Is this something new to you? He has been the main developer of the core for a long time now, and other people like selsta or vtnerd also help but they're usually not even available to review merges, much less to contribute by adding stuff. Hyc and tevador mostly look at stuff with RandomX which is apart from the core cryptography of the protocol. It's quite brim. Do you know what you're talking about? Do you follow conversations on #monero-dev and accompany Github issues? It seems like you don't.
The person who goes by the nickname of moneromooo is, in fact, the "still one guy" who develops the most of this project while other people mostly help him out with stuff that he requires testing or reviewing.

>That's what Monero MAGIC Grants are for.
Yes, but it doesn't work, and I'm interested in something in a format that could work. Maybe it needs (((marketing))) or something. I want to come up with practical ideas and solutions to get more people involved in monero's code, and you being a faggot is not helping.

>>50450177
>and you being a faggot is not helping.
I thought I had deleted this before clicking on Submit. You're not a faggot you're participating in this discussion, apologies.
Unless you're Justin, then you're, indeed, a faggot, but one of the good ones.

really forcing my hand to buy at these prices... sigh... hopefully the fud will be stronger next time and let me buy at 120

>>50448131
>This dude even created a remote admin account for me with root rights to fix things in his name, which i used some month later to install a CLI Monero miner on about 40 of their 260 dedicated servers.
Suprabased, using governmental hardware against them lmao. I hope you're not mining on minexmr anon.

>>50450431
It's all P2Pool Main or Mini, depending on the hashrate of the individual CPU's.

>>50450177
>He thinks nobody else would step up
Lol, the only reason Moneromoo does everything is because it's just easier that way. Koe and various other devs help with merges.
Auditing is also our best foot forward as it has someone who does know what they are talking about to actually do a full scale overview of what is developed. I don't see why this is a problem.
Monero has seen a surge of active developers over the past year. This will continue as more people use it and the price goes up.

>>50433465
Any examples? Genuinely curious

>>50434483
>Monero pumps right after I buy a "product" online
Heh, I know this one. Still based for using it

>>50450655
I understand the lack of organizational structure in the development of the Monero Project and how it's even expected, but for something as important as the possible global digital alternative to sound money, I think it deserves much more attention from both academics and developers and an attitude different from "let's just leave this guy to do everything because it's easier this way".
>I don't see why this is a problem.
Third-party audits are not a problem per se, although in theory these people don't have much skin on the game other than partially their reputation. If we pay 5 millions dollars for an audit that comes clean and a day later a catastrophic bug is found, there will be no recourse for anyone to go after the auditing team, as there's no formal institution behind monero or the crowdfunding system.
The problem is relying on these and postponing the more important matter that is to get more eyes on monero and attract both developers and academics efficiently.

>>50441989
Have you had any luck with modern hardware on OpenBSD? I was going to switch back to it since I'm fed up with Linux and windows both, but it didn't seem like they supported any current gen GPUs (no gaming, I know, but I don't want to buy a really old GPU just to get display output).

>>50444890
Kek

>>50450138
One of those is parts only (broken) and the other is an auction you stupid nigger.

Just buy a dual socket 64 core x2 Milan setup.

>>50440997
still over 2k tx per hour
looks like we will have a new ath today

>>50450639
kek, are you running a different address for each miner?

>>50451224
this one is also an auction you idiot.
Also, comparing 2nd hand prices is a stupid thing in general.
That's why i posted the new prices from amazon when that other guy came up with a start bidding on Ebay.
Still the 5950X is the better deal.
No matter what.

>>50451258
yes.

>>50451278
Look, you're clearly a deranged retard who can't admit she's wrong. Filter by buy it now, sort by lowest price. $350 for a 3950x, $450 for a 5950x is the lowest you'll find on ebay currently for one in working condition.

>>50451374
Oops, my bad. Cheapest 5950x is $500 and comes from leafland.

>>50451392
>>50451374
Forgot to upload the 3950x screenshot. You could also search a price aggregator to see where the average prices have generally been for these two items.

>>50451278
3950x CPUs were replaced by the 5950x CPUs two years ago. So yeah, comparing new in box prices for a product that's no longer made to a new product is nigger logic, especially when it comes to CPU mining and every penny counts because you're competing against fags like earlier in this thread who are mining for free on someone else's computers.

>>50451061
A catastrophic bug can be found regardless. Having a full audit greatly diminishes the odds of that happening. Plus, their reputation is at stake, so no, there is skin in the game.

>>50451392
>>50451409
still the 5950X is the better deal.
If you compare them new, the 5950X is cheaper than the 3950X
The 5950X also has a better hashrate.
Stop being an autist now.

Daily reminder that you're all drug addicts and your every single one of your mothers are very disappointed in you.

>>50451509
4chan(nel) is the only thing I abuse

>>50450138
Retard lol

>>50451857
>muhh lower hashrate is better.
No, it's not.
Also, comparing used CPU's based on auction biddings is plain retarded.
That's why i posted two amazon links to new prices.
Read my precious comments before making yourself an idiot.

>>50451895
Double retard

>>50452546
>I'm Double retard
We know

>>50451240
Interesting. It looks very much so, we'll probably be breaking records for a while lol

>>50450926
Well a while ago I got monero.place & .press, but there was still a fair number of smaller domains available, monero.markets, .town, .city, etc. Now they're all bought up, as well as most of the good alt domains. I won't be surprised if they all get bought up, same as how there's almost zero bitcoin domains left.

>>50451678
Same. I'm dysfunctional enough without the drugs, I said I'll only become a user after making it.

I bet I own more wownero than you do :^)

Fellow monerochads, Morpheus needs our help:

Crowdfunding to help Moneroj.net (240 hours of work)
Moneroj needs your help to pay for server expenses and further development. I'm currently developing new charts with new metrics, and I'm happy to launch 15 new ones, along with another 10 already launched since the CCS Proposal on May 11. There's also our new Hidden Service available for TOR users and our brand new Articles section. Also major loading speed improvement on the Charts. Check it out.Read more about it.Donation address: 8Agy1JvbsttEV2Jp2ecyRLSoKiCQwr4f2FKjWh2dz8Q1Y4LXCxXDNBf5praUrc1v8vDSqHYUefqxkiLNgnjvDfQNQStwvP6

>>50451125
The only modern hardware that I own were parts from around 2014-2015. So I can't really say how modern hardware fares with OpenBSD. That said, you can check this webpage to see if that hardware that you intend to run is supported: https://bsd-hardware.info/?view=search

>>50451509
I don't even smoke nor drink.

Also, v0.18 binaries are now available: https://www.getmonero.org/downloads/
Still no OpenBSD binary though.

>>50455025
not seeing it

>>50455276
no blog announcement yet but scroll down, they're v0.18.0.0 binaries.

>>50455402
Oh, so the links forward to the 18 binaries.

Blogged
https://www.getmonero.org/2022/07/19/monero-GUI-0.18.0.0-released.html

Still no source update on the git though, but at least the update is coming, and probably posted in the next couple of hours.

Been looking forward to this. Reduced transaction size, and other efforts to help continue facilitate running independent nodes is good news.
More technically, does the increased Ring size (16) increase transaction size? It's fine, Ring needed to be increased for security. Just more curious if it's more of a wash for nodes.

>>50455586
Just tried 18 and it won't connect with my ledger. Non hw wallet works fine.

>>50455971
Expected. This is prep for a forked release next month, so HW wallets are almost certainly going to need a firmware update.

>>50433192
How difficult is it to buy Monero in the US? As well as purchase it securely. Should I just buy Monero while I'm abroad and transfer it to a wallet for later?

>>50457196
It's extremely easy with or without kyc. Read the OP.

Withdraw all funds of any kind from all exchanges right now. Kraken included.

Things will be moving quickly soon.

>>50448131
big if true (and based)

>>50440997
>>50451240
>>50453034
based

>>50447020
883tZb7k7dU6Kc39ZFAxj48o3eniQ3tTb6cH5gcXHCBSGaibvJ4HBcnTxDgdeXC8wYS2Q7XqNWLmrJkk3PQw337BBeSM7AX

>>50458293
surprised it took someone so long to exploit the opportunity.

>>50458388
Maybe Moreo chads are more honest than others?

Got a test run of the Monero Place BBS working. Now I just need to get the rest of the theme sorted and it should be good to go.

>>50458768
So far I've got telnet & ssh connections working. Also need to setup a websocket server, so people can also connect through a browser.

>>50453275
>tfw i'm sitting on xmrstickers.com and monerostickers.com
yeup

>>50458891
monero.page is probably the best one left that's moderately affordable. The remainder seem like a wash

>>50433942
Privacy coins that doesn't allow the anonymous trading of other coins are all shits.

>>50435458
Enough to pump it, moron.

>>50433192
Can I deposit Monero into my GUI wallet while it's still syncing with the blockchain? At this rate I feel like it'll take days to sync.

>>50433733
>Zcash or bust.
Railgun goes ahead of both. The future of privacy is anonymity enabled on the chain.

>>50459714
yes, but you'll only see it once your wallet has fully synced (or uh reached the block where you made the transaction)
you can also use a remote node (temporarily)

>>50434078
BAT is actually useless though

>>50459885
Thanks so much!

>>50447743
where did you find that image.
fuck, I'm running out of time.

>>50433942
You need to hold the coin to use the platform, dont you think that is a limitation?

>>50459072
Based. Some privacy protocols like Railgun keep farming strategies hidden from public view, quite tech savvy if you ask me.

>>50433192
what can i buy with xmr though?

>>50460228
>where did you find that image.

YouTube thumbnail. Even some of the normies are now starting to realize what's happening.

>fuck, I'm running out of time.

1 XMR will always = 1 XMR

>>50444890
sadly their developers won't make it in time to fix it

>>50457904
Beautiful.

>>50433192
Sorry if this us a dumb-dumb question but if I buy XMR from KuKoin and send it to my main account in my GUI, then buy something using my main account, how is this private? Wouldn't KuCoin have a record of my transfer along with the address? And does making a secondary address and using that for a market purchase control for that?

>>50461252
they have your address, but no way to see how much xmr is there or any other transactions from or to that address.

no harm in shuffling it along a couple wallets though

>>50461252
>then buy something using my main account, how is this private?
Knowing your public key (address) only gives them that, your address. Without your private key (or a view key) they have no method of scanning the Monero blockchain to see previous, current, or future transactions associated with your address. Blockchain analysis is functionally useless on Monero.

>>50461252

Addresses don't appear on the blockchain.

>>50461252
Your address doesn't appear on the block chain, only a stealth address does.
When you later use that output, your stealth address will appear in a ring signatures. However, it will be surrounded by other previously used stealth addresses, meaning there is virtually no way of connecting you to what you are buying.

https://i.4cdn.org/wsg/1657994429352.webm

>>50459893
I know, it's just fun to bully them.

I bought my last dca of xmr.
It ain't much but I will do, can't really spend more now.
One ticket to Mars please.

>>50463946

"stealth address" is a misnomer, an encrypted "stealth output" is actually what is generated.

>>50460568
https://cryptwerk.com/pay-with/xmr/

>>50448702
>In fact a quick look at the Monero Project's Github indicates that there are very few people participating in its development in any way. This number is even smaller if you consider the core developers, which is basically programmed by a single person.

>>50465613
Pretty much.

>>50464315
holy shit bros... he is literally me....

https://i.4cdn.org/wsg/1657938473547.webm

>>50458388
Checked and Monerochads are based.

Make it stack?

>>50469727

100

>>50465912
perhaps, so? There is not much to add. Also what other project has more developers?
Bitcorn ? on paper? when was it updated the last time. which project is a better implementation of blockchain tech. none, not even close

>>50458768
Can I connect using SyncTerm?

Who else is stacking zats?

>>50472444
Yeah, I'll post the connection details once I got websocket working and finished the theme. Commissioned Zeus II to make 3 more screens for the BBS. That combined with publicly available art should be sufficient.
Once it's up again I'll start figuring out door games & file uploads as well.

interestingly, as per moneroj.net
There is 18,149,824 XMR in circulation.
There are 264,745 subscribers on the Monero reddit.
That means asper these numbers if every reddit subscriber buys and owns 68.5558707435XMR holding it in their wallet, not transacting it, then the only XMR that is available to be bought is the tail emission .6XMR every 2 mins aka 157,680 XMR a year.
this isn't financial advice, and the likely hood that many people are okay with owing this much XMR is unlikely.

>>50473063
righteous

POOMPA
*BANG BANG*
POOMPA
*BANG BANG*
POOMPA
*BANG BANG*

Why won't bitcoin just DIE?

>>50433796
> The global Zcash Underground is larger than you could possibly imagine and our time is finally coming.
Nice try, but you've obviously never attempted to use Zcash privately. Judging by my own experiences (before I found Monero) I'd say about 1-2% of the solutons developed by the community (wallets, services, exchanges, etc.) support z-transactions, with this in mind Zcash becomes nothing more than glorified mixer.
If the Zcash developers wishes for their coin to be taken even remotely serious as a privacy coin, then they really should enforce that supporting Zcash requires implementing z-addresses and the associated transactions.

>>50433465
Sorry about that guys, I bought moneroj.net... It's like bitcoins.net, but for monero. Ha-ha!

good evening gentlemen, for those who r in the mining geam how r next generation cpus looking?I myself have 5rigs of 3900x and I run moneroocean with decent mount of gpus with them, anyway how big of the difference is there gonna be? R dem memory of upcoming cpus better to make performance atleast 1.5x, or even better spawn the best buck/rate cpu already?

>>50474807
Patience is a virtue, my friend.

>>50474807
Bitcoin shouldn't die, that'll just open the floodgates up even further to the PoS shit that has infected crypto. I'd rather see Bitcoin & Monero maxis cooperate against a common enemy, rather than go at each other's throats.

>>50475533
The new ryzens coming out support ddr5 which has worse latency than ddr4. They will also fetch a premium like the 5900/5950s did but without much hashrate increase. Used previous generation ryzens will likely continue to be the best bang for buck until we can get cheap epycs.

>>50433192
RIP shitnero, I thought this was FUD first but it seems there's a privacy protocol using the recent BTC Taproot upgrade for a privacy BTC layer, yes BTC
https://twitter.com/spnrapp/status/1549926705594261504

>>50476336
oh great another inkblot on my dollar bill so i cant use it universally
this is just how money is supposed to be

>>50476336
Monero bros we got too cocky

>>50476336
>ICP

Icp niggers are so depressing. I can't even make fun of them. It's just sad.

>>50476763
Nice cope

>>50476388
>88
>The word nigger
>Monero chan
Based

>>50477055
Imagine investing in a coin called icy pee

>>50477107
I don't, I'm 95% btc and 5% eth
And I won't even have to buy ICP to use the BTC privacy layer, so I probably won't buy ICP

>>50477202
This
Monero is dead.

Shorting on dydx rn

>>50476763
If you ever feel bad about your portfolio or are feeling dumb just remember that there are people here with their entire portfolio in shit like BSV, Insane Clown Posse, and HBAR.

>>50470371
The image states that 71 people were involved with fluoride Fermi, the guy I responded to made it seem like only one guy has been doing all the work.
It's nice to see that indeed there are lots of smart people chipping in, and I'm especially glad to see sarang's name on there. Love that guy

>>50448702
I know it's not the biggest fish in terms of bug security but what do you think about the monero rustification effort?

>>50472572
Mina and Rail are more reasonable option to stack fucktard

>>50463267
How about a case of keeping NFTs away from the blockchain ledger such that it doesn't appear after being traded?

>Getting a job at the local library as a computer lab person and having all the desktops mine XMR overnight, y/n?

Mt. Gox coin unlock scheduled for August. $3,000,000,000 worth of Bitcoin in the hands of people who've been locked out of their coins for 8 years and had their funds frozen when Bitcoin was $400. Most of them are up even know 50-100x.

THE MONERO MOON (ISSUE 51) IS OUT NOW!

Grab a coffee or a beer and kick back for a read.

Like, share, subscribe, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://www.themoneromoon.com

>>50474807
epic video for reference if anyone wants to make an edit
https://www.youtube.com/watch?v=WHujzgKlPqM

>>50481509
>THE MONERO MOON (ISSUE 51) IS OUT NOW!

I see the ICP losers talking about how Spinner will make BTC anonymous. I know they are retarded but can someone spoonfeed me why?

>>50482494
https://spinner.cash/

>>50482494
>I know they are retarded but can someone spoonfeed me why?

Several reasons:

As long as Bitcoin's transparent blockchain is part of the equation it will never be taken seriously by actual OPSEC experts.

Why? Because a privacy solution *without* a transparent blockchain e.g. Monero doesn't have to engineer solutions around such a glaring vulnerability, and when it comes to security increasing systemic complexity is a BIG and I mean BIIIIIG no-no.

https://en.wikipedia.org/wiki/Attack_surface

https://en.wikipedia.org/wiki/KISS_principle

https://en.wikipedia.org/wiki/Overengineering


Furthermore, Spinner uses zk-SNARKs, which is still experimental and largely unproven tech that could still end up causing a catastrophic systemic failure, ergo all the disclaimers.

Finally, none of the gurus on darknet OPSEC/NETSEC forums are even talking about Spinner, Railgun, Lightning Network, whateverthefuck, which pretty much tells you everything.

> Price rising consistently for a month

This won't last long, would it? I don't like the instability.

>>50447743
Lets make the narrative shift faster. There isn't enough time to wait for normies to learn the hard way.

>>50482733
Kek
>>50482897
The direct integration with BTC is just a marketing gimick right?

>>50481509

>>50482897
> Is in crypto
> Says something is too experimental
Lol ok, plus it's the fact that you can pull privacy on top of a transparent blockchain that is attractive doofus.

>>50475971
tell that to the BTC maxis. They literally need to curb stomped

>>50483542
>The direct integration with BTC is just a marketing gimick right?

Pretty much. If it ain't being discussed by expertsfrom the relevant sectors you can safely ignore it.

>>50483688
>> Is in crypto
>> Says something is too experimental

We're talking about unproven experimental cryptography here, genius. Why do you think beta-testing is a thing?

>Lol ok, plus it's the fact that you can pull privacy on top of a transparent blockchain that is attractive doofus.

lol you can certainly try but bolting additional complexity on top of a transparent blockchain will NEVER, EVER give you the privacy guarantees a self-contained Layer 1 solution without a transparent blockchain can.

Feel free to ask your local OPSEC/NETSEC expert for details.

is the bear market over?
I need to buy some more

>>50484693
>is the bear market over?
>>50481476

does anyone know if certain countries dont care about dirty bitcoin? like El Salvador by chance. i feel like someone in a country that couldnt give 2 shits about tainted bitcoin would be the perfect person for atomic swap trades, btc to xmr

>>50485620
Tainted coins are actually useful because you can send them to people you don't like and they will get arrested.

>>50484802
COMFY

>>50485620

Yeah, taint is totally dependent on jurisdiction, what is deemed dirty in the US might not be in Russia, China, etc. But that also limits you to trading within only that jurisdiction, OFAC has already started blacklisting foreign exchanges that fuck with dirty coins.

>US sanctions Garantex for laundering over $100M

The Garantex sanctions mark the third against a virtual currency exchange in the past year, following Suex in September and Chatex in November. The release stated that all three exchanges operated out of the Federation Tower in Moscow.

https://www.techtarget.com/searchsecurity/news/252515668/US-sanctions-Garantex-for-laundering-over-100M

>>50485917
thanks for the article.
would be easy for them to stack xmr by trading for 'tainted' coins at a premium

>>50485620
Everything is controlled and almost no one uses bitcoin in El Salvador. It is a failed experiment, which is not surprising given the lack of fundamentals and technology country-wide.

https://www.bloomberg.com/features/2022-bitcoin-travel-problems/

>>50484802
Fuck

>>50433192
hello fellow drug addicts how are you today?

el sav was just an example. i dont actually believe most/some of the citizens are actually using it for day to day transactions

https://is2.4chan.org/wsg/1658421610416063.webm

>>50481509
Thanks John

>>50487377
Cope

>>50433465
I'll sell you a great xmr .com domain for 150 xmr

>>50483857
I dunno, treating all other coins as shit is a pretty good heuristic, since they're right 99.9% of the time. But even they admit Monero is much harder to brush off.

My realistic, best-case scenario is that we have something like a bimetallic standard. Everyone hoards Bitcoin, central banks like the transparency, but for everyday transactions people use Monero. A better outcome than PoS or CBDCs anyways.

>>50489175
I've already got monero.place & monero.press, so I'm good.

>>50489371
>My realistic, best-case scenario is that we have something like a bimetallic standard. Everyone hoards Bitcoin, central banks like the transparency, but for everyday transactions people use Monero.
Seems pretty stupid.
Sure it makes sense for gold/silver but not for pow crypto.
Why would you spend millions on mining just to maintain the btc chain secure while no rewards being in place cause there are no transactions?
It makes no sense. Either pow crypto is used or it's dead. Monero has atleast some guarantee for reward thanks to tail emission. This ofc is not possible for btc due to muh 21 gojirions and their general attitude of not changing the lord and savior.
>better outcome than PoS or CBDCs anyways.
CBDCs are coming. No amount of screaming is going to prevent that.
The few people at charge simply have too much power and too many dicksuckers willing to accept anything.
I was talking to friend of mine, fellow crypto "investor" and he doesn't care. If he doesn't care then the regular Joe sure as hell isn't either.
Not sure if xmr can help us, doubt people will actually sell regular goods for xmr but I trust druggies to keep xmr alive and kicking.

>>50488815
>the truth is cope
Sounds like projection coming from you.

>>50489371
>Everyone hoards Bitcoin, central banks like the transparency, but for everyday transactions people use Monero. A better outcome than PoS or CBDCs anyways.
That's not realistic. Why would you have bitcoin if it's counterproductive to do so? You are permanently at risk of being censored or tracked. It's not much different from CBDCs, in fact it may be worse due to the public ledger and consequentially segregation from society, not just at a governmental level. If you're into crypto, it's definitely not to please central banks with transparency. Fuck them, use Monero. It's better than Bitcoin anyway. I definitely do not want someone to see how much btc I have because I bought something with a mundane amount. You have to let it go at some point.

>>50489625
I was in el salvador during the winter and 40% of the population are now in 6 fig territory bro, maybe learn before you speak

>>50489699
Shit, so you spoke to 40% of the population and they all have magically have 6 figures, but the government has an unrealized paper loss on bitcoin of around $50 million? Maybe we should get financial advice from Salvadorans.

LMAO gtfo, you're a retarded grifter with not proof to back it up.

>>50489625
To be clear, I'm trying to come up with a realistic scenario given the current state of the world, not the ideal scenario.

I'm thinking of the case where Bitcoin becomes a common digital reserve currency of the world. If banks are going to pick anything, it'll probably be Bitcoin. And normalfags will hoard it precisely because it's the world reserve currency. The majority of the population will never give a shit about privacy or fungibility.

>>50489574
And assuming they don't introduce tail emission, I'm sure banks would be willing to pay whatever fees are necessary for daily international settlements. That or each country will just mine without rewards, because it's their own wealth they're securing against miners run by other countries.

That said, I get that Monero is what Bitcoin was meant to be, and that there will always be sizable demand for it from the privacy-aware section of the populous, hence two coins being important.

>>50489923
Nah I was in el Salvador recently as well and their mobility increased 8000% or so percent during the last year, that means 30% of the low class are now middle/high class, maybe learn and read more bro

>>50489981
>The majority of the population will never give a shit about privacy or fungibility.

Good, Monero will have a more competent userbase who choose it because of its utility rather than being bandwagoned by normans who never actually spend and don't even host nodes let alone mine.

>>50489699
>>50490039
You keep joking but I've heard the El Salvatore argument from too many of my friends.
They genuinely believe that this(btc) is the future and that this proves it.

This is all one needs to know to use monero.

>>50489981
>bitcoin as a world reserve currency
It cannot be the world's "reserve currency" because it's not fucking fungible. It's also not used as a currency or money. It is hoarded to sell to a bigger fool. Picrel shows this.
Every currency/money NEEDS fungibility, it is an innate property. Come on dude, you're in Monero and don't know this? This is just basic economics.
This is not realistic at all, it's a quixotic dream that'll never happen.

>>50490039
>>50490119
More idiotic grifters.

Only 10% of Chivo users continued making bitcoin transactions on the app after spending their $30 stipend. Almost no new customers downloaded the app this year.
Only 14% of the country’s businesses made btc transactions since it was introduced, and only 3% said they perceived any business value in it.

Taken from the article, read it and see the failed experiment for yourself. There's no mass adoption.
https://www.nytimes.com/2022/07/05/world/americas/el-salvador-bitcoin-national-currency.html

Also see this for further evidence. >>50487377

>>50487888
cheapsies incoming

>>50491013
The majority of world currencies are digital and non-fungible already. Russia being blocked from SWIFT, credit cards, etc. To them, that's a feature. But although non-fungibility makes it easy for external platforms to deny service, the fact that on-chain transactions will still go through, so long as there's a willing miner, is an improvement, and considerably better than PoS or CDBCs. I think that world governments, institutions, normies will be perfectly happy to hoard a traceable, fairly neutral commodity like Bitcoin because of this, and because everyone else already is, network effect.

But at the same time, I get that the ability for people to digitally offshore their wealth from taxation through Monero will be instrumental in reducing the power of central governments, and forcing them to compete for the patronage of taxpayers. Ideally this system would completely take over, resulting in the disintegration of central governments. But in my lifetime I think both will persist, hence the phrase "bimetallic standard".

based thread

>>50491348
The cope in your post is unreal

>>50434798
are turtles that useless? without him getting flipped its:
> softly fall on your back
> slowly starve
i mean really?

>>50494698
the poor bastards.

The individuals who make it to 100 years old are true soldiers, they're basically edible rocks.

Hey what was the alternative block at 2672454? Did we have a scheduled fork?

>>50487407
Just finished waging, looking forward to the weekend. Feeling pretty comfy overall, especially with my Monero stack. Hbu?

>>50496059
August 13th 2022 at block 2688888
logs to the dev meeting for this decision
>monero.observer/assets/logs/220630-dev.log

How much attention do you pay to developments in crypto at large? For me I might as well be in a coma

>>50497264
i only pay attention to like 3 projects and occasionally see updates for others while just browsing

https://en.wikipedia.org/wiki/Operation_Downfall

>Could buy a good XMR domain but have no means to monetize it
>Or could buy 1 XMR
Hmmm.

>>50433319
Inteteresting because I dont see a /zshit/ containment thread anywhere

>>50449403
'king' shitcoin will be measured in millineros by eoy 2025

Bitcoins

THE MONERO MOON (ISSUE 51) IS OUT NOW!

Grab a coffee or a beer and kick back for a read.

Like, share, subscribe, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://www.themoneromoon.com

>>50499312
Thanks

has anyone here used crypto atms for xmr?
i just learned of one in my area that takes cash for crypto, but the website's got me a bit suspicious.
place is called Byte Federal.

>>50497421
Privacy enabling projects, I believe. Sometimes, seems to be the only projects worth paying attention to

>>50490289
The respective market caps says otherwise though

>>50489981
>there will always be sizable demand for it from the privacy-aware section of the populous,
In the next couple of years, privacy might as well become a standard. But Monero will not alone be at the center of delivery. There are many protocols coming up that supports trustless shielding of wallets.

>>50491973
Well, i get the idea of what you're saying, but if i have to chose between BTC and precious metals to secure my financial assets, i will always go for precious metals, since we all can see what Bitcoin has become and how wales can sink the BTC within seconds when they sell or even offer tons of it at the same time. A big minus is that goberments will most likely know about your accumulated wealth in BTC since transactions and containment of the wallets are totally transparent. But you will never guess how much gold and silver i have hidden or dug down at some secure place.
Fungibility is key to securing assets.

And that's coming from someone who mined a shit ton of BTC and also bought tens of thousands of them when they did just cost pennies and where not even listed on exchanges officially, while it was still possible mining them with a laptop. I still have them and just shared them up to a lot of wallets to make the amount smaller in each wallet and to better melt in. Guess my shock, when i found out Bitcoin is totally traceable by blockchain analysis. But i'm sure as fuck, that if i would start to cash out via a KYC exchange, the regime would most likely call me in for an intensive interview, since they will easily be able to tie me to XXXXXXXX coins that basically never got used and where no owner could be tied to these wallets. Only to exchange one single BTC would be enough to trigger their alarm systems. I'm sure as fuck about this.
Being a poor billionaire isn't fun i can tell you.

>>50500058
Couldn't you slowly liquidate via atomic swaps?
Also see >>50498648 should I get the domain or an XMR? They cost about the same, but I feel like XMR domains would primarily only really be used for TOR stuff. Would clearnet XMR domains have a utility in adoption?

>>50500058
The fuck are you on about? You've got billions of dollars worth of Bitcoin that were legitimately mined, stayed dormant, and for some reason you're here, posting in this hellhole of a basket weaving forum instead of banging 10/10 hookers on some yacht in the Pacific.
You haven't talked to an accountant & a lawyer, or moved the BTC through coinjoin, or swapped them for XMR via tradeogre, atomic swaps, or just told the government "hey I've had these for forever, take your cut and we're cool". Complete LARP.

What is the easiest, knuckle dragging retard way to buy and store monero?

>>50499937
Reserve notes can be traced. Best bet is to launder the money before you use one of those ATMs for deposits. This can be done easily using strip clubs. Break each $20 to (20 x $1). With $1's in hand, go to a local ethnic grocery store and tell them you work for the nearby strip club. Ask them if they need a bunch of $1 bills.

>>50500169
Dude, i'm living i a fucking communist dictatorship. Since the Coof-19 fake pandemic, they break every law possible to hammer down on people here.
I had about 60 wallets, that held independently mined BTC's, and i traded those for Monero using Bisq. But the other ones are all connected to each other, so they basically remained untouched since i parted them up into a shit ton of wallets.
Imagine fucking used up hookers. No thanks.
And no, the government does NOT know i'm the owner of these BTC's. Basically no one knows but me.

>>50500288
Which dictatorship? My in-laws grew up in communist Romania, snuck out over the border, had to bribe their way and shit. Surely there are some options for leaving? And billions of dollars, you can buy whoever you want, they don't have to be used up.

>>50500313
There is no real option to flee from this globalist hellhole, since it's right now being installed across all borders.
It's not possible to just jump the fence and be free anymore. You either have to flee to a 3rd world shithole or you stay where you are.
I prefer not live amongst shitskins in some shitty shithole, no matter the amount of money i have. Owning so much makes you a potential target for the worst kind of people like cartels and shit.
Having three kids and a wife doesn't make things easier. None of them wants to live in a shithole country either.
And i never really cared about Yachts and luxury. This was never a thing for me.

>>50500420
So what, a Yuro shithole? Just move to greenland bro

>>50500032
>There are many protocols coming up that supports trustless shielding of wallets.
A good number yes, but I have reservations about their security but Railgun is turning out to be a very good one.

>>50477297
Fucktard

>>50500202
>What is the easiest, knuckle dragging retard way to buy and store monero?
Cakewallet on your phone.

>>50461795
>lockchain analysis is functionally useless on Monero.
It probably is but not very much applicable in decentralised finance. Privacy on chain should be encouraged by all means

>>50500431
I have a life here, Three kids in school, an additional one studying at university who has it's own household now, my wife and i have a business here with 15 employees and it's going well so far.
But inflation and energy prices are sucking up a huge part of the gains made.
That's why i went into precious metals and Monero.
So we are pretty tied here to say the least, plus that my parents live in a neigboring country, that is equally as zog-botted as my country is.
Problem is also, i never decalred my BTC assetts in any of my yearly tax declarations. So they could sue me for just that alone. So there are also legal issues playing into it.
I will check how secure it will be for me to using Bisq to convert to Monero entirely, but given the amount of BTC's i own, it will take aeons to convert.

>>50500810
>Not declaring it
Why would you suddenly declare it later? Never declare your XMR

>>50500840
I never declared my BTC's, that's what i ment. And since BTC blockchain is transparent, there is a risk the regime to find out about it when i use a KYC exchange.
I would never declare my XMR's of course. Since they can't get tainted and transactions aren't transparent.
I'm not stupid man.

Really though anons domain or more XMR help me out here lol

>>50482897
if you've ever read what people on the darknet think is good opsec you wouldn't consider them anything close to authoritative on OPSEC strategies.

>>50501013
do you have a use for the domain?
if you're not gonna use it then you'll just pay for something that you don't need
if you have to ask then the answer is obvious: don't buy the domain
1 XMR can always be spent and should hold its value somewhat reliably

>>50501240
I have a community use for the domain but the bigger issue is that I'm an unreliable fuckup who will probably never get it finished and running. That said, I do want to start working on building a make-it stack. I could technically do that now but it'd be dumping all my savings to get it and I don't think the bottom is in yet (and depending on when exactly the bottom is in I'd be back to making enough money to not worry about buying a make-it stack.

Where all my Z-chads at?

Feels good knowing you're holding what will ultimately be the One True King, sorry Moneroniggers.

>>50501640

>>50501965

Yeah, and? That is one accomplished tranny.

>>50502050

Makes sense now that Zcash™ is also transitioning.

>>50481225
y

>>50502219

PoW is doomed, environmental regulations will see to that.

Zcash is prepared for the future.

>>50502377
>Proof of Stake
I'm going to let you in on a protip: Fiat money? The USD? It's functionally Proof of Stake, with banks being the whales owning nodes. Look how that's going lol. Everyone has a saw with POW

>>50502377
>PoW is doomed, environmental regulations will see to that.

Are all you Z-faggots this retarded?

>>50502881

Fuck around and find out, numbskull.

PoS is the safer bet all things considered.

>>50503003

How on-brand.

NEW THREAD: >>50503029
>NEW THREAD: >>50503029
NEW THREAD: >>50503029
>NEW THREAD: >>50503029
NEW THREAD: >>50503029
>NEW THREAD: >>50503029

Syscon's goal is to enhance Ethereum's contributions through a better security mechanism and apply upgrades that will allow smart contracts to scale to the level needed for web 3.0 applications.

>>50501272
>building a make-it stack. I could technically do that now
what's the make it stack for you

>>50503639
184-187 XMR (1/100,000th supply before tail emissions)
Not a whale, but comfortable holding such an amount 5ever.