/biz/ - Business & Finance

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>>51107312

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 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


>YOU CAN USE P2POOL-COMPATIBLE REMOTE NODES IF YOU DO NOT HAVE YOUR OWN LOCAL COPY OF THE BLOCKCHAIN
https://xmrvsbeast.com/p2pool/monero_nodes.html


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://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.

https://anarkio.codeberg.page/agorism/

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

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://monero.com/marketplace
https://cryptwerk.com/pay-with/xmr/
https://acceptedhere.io/catalog/currency/xmr/

>Live off XMR with Cake Pay (currently US only)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


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


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

>AlphaBay
>Asur Market
>Chimera Market (recently launched, exercise caution)
>Cloud Market (recently launched, exercise caution)
>Darkmoon (recently launched, exercise caution)
>FilthyFellas
>Mellow Market (recently launched, exercise caution)
>Retro Market (recently launched, exercise caution)
Onion links: https://pst.klgrth.io/paste/8fg2g


Anonymously exchange BTC for XMR using a reputable darknet service

>Kilos
>Majestic Bank (exercise caution, possibly exit-scamming)
>Elude
>Infinity Project
https://pst.klgrth.io/paste/8cunb


>Poker Club: play no-limit Texas Hold'em in real time with 2-8 players over the safety of Tor with the privacy of Monero! No user account required.
http://pokerggxmrvzecuo6afhucjwdljuve5eoavxdxdr6zedyejd6mvz5wad.onion

>XMR Poker
http://xmrpoker3icphjr7c6dgct3by44ph4xvxrds4jzwjkjh7h2owdf6icyd.onion


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

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

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

is using Monero on DNM good for Monero's reputation?

>>51122861
bamp

>>51122928
The Jews fear XMR. Every time you buy XMR, the Jew screams in pain. The nosy Jew wants to know your wallet amount but he can't. Stand against the glowie Jew, stack your XMR.

Jews have been kicked out of 110 countries because they're slimely subversive little fucks. Sam Bankman-Fried (born March 6, 1992) is such a Jew that steals funds from his customers. He also has a gay muslim boyfriend.

>>51123048
Cringe AF.

>>51123048
thy also have big bags already.

god monero is based

>>51122861
why is it worth less than in 2017?

>>51123660
Because the real gains are the friends we made along the way.

>thread dieded prematurely
>no title on new thread
what happen frens?

>>51123771
the bots went offline :(

>>51123779
( ._.)

DOOOOMPA
seems like the Mt.gox people are dumping their bags

>>51123933
>seems like the Mt.gox people are dumping their bags
We haven't hit that part yet. The Fed meeting at Jackson Hole has sent stocks plummeting too.

The fuckening will be much more severe.

Why would I use Monero when Zcash is going proof-of-stake and won't hurt the environment, is backed by acredited cryptographic experts like Edward Snowden, and doesn't have a reputation for being used in crime?
You Monerotards and your silly inflation bugged traced baka coin.

>51124371
>buzzwords
>buzzwords
>buzzwords

>>51124389
The irony is that all the things I mentioned are bad, but seen as good by normals.

xmr is a great currency. is it a great investment ?

>>51124699
Only bad products are good investments, everyone knows this. that's why your parents didn't abort you

>>51123210
>thy also have big bags already.
Nope. They organically hate it unironically. I tried to educate a few, but no, like water on a grease fire. Only BCT, shib, dodge and fiat ($).

>>51122861
1. Monero will go to 0$ if privacy is broken.
2. If it gets delisted from the few available exchanges, it will go to near 0$ as the token becomes illiquid.

I wouldn't hold more than 5% of my portfolio.

>>51124865
Alphabet boys can’t crack it and it’s the #1 black market currency.

XMR is everything BTC was supposed to be. Cryptos that aren’t used as currency are useless

Remember what this is all about, we don't need their system

>>51124865
If 1 happens then you have much bigger problems
2 is a concern which is why DEXs and atomic swaps are currently being worked on. The bitcoin swap is already operational.

>>51122861
Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/392783351

Reporting in
##################################
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

>>51125222
Which dex? Why would the feds allow it? They can turn it down just like they turned down Tornado Cash, no?

What are the next atomic swaps being worked on? also, what happened to Haveno? I've been out of the loop for a while

MONEROMARKET.IO

>>51124865
>1. Monero will go to 0$ if privacy is broken.
Monero has better/stronger encryption than Bitcoin. and the encryption used by bitcoin is used by major banks and other things. if they can "break bitcoin" they can also transfer all your euros and dollars. , and steal goverment secrets, maybe even launch the nukes.

What is the current size (in gb) of the monero blockchain and what will happen when the chain is too big for any common citizen to download to a single hard drive?

>>51126239
>and what will happen when the chain is too big for any common citizen to download to a single hard drive?
Less decentralization and more reliance on other people's nodes. That's why improvements to transaction sizes need to be made.

>>51126273
cant the blockchain be cut at some point and just work with the latest transaction history? instead of all of the transactions in the history of monero.

>>51126314
>instead of all of the transactions in the history of monero.
Say you bought some in the early days of monero and never sent it to anyone. If there's no record of the transaction in the blockchain then you cannot spend the funds.

>>51126239
>What is the current size (in gb) of the monero blockchain and what will happen when the chain is too big for any common citizen to download to a single hard drive?
We're at ~130 gigabytes. We've had multiple upgrades to Monero to get amount of bytes per transaction down. I'm not terribly worried about growing too much as both the cost per gb of SSD space keeps getting better, and larger and larger SSDs keep coming onto the market. Bandwidth is improving too on average around the world.

*****/XMR/ Monero General Poker Night*****
>*****/XMR/ Monero General Poker Night*****
*****/XMR/ Monero General Poker Night*****
>*****/XMR/ Monero General Poker Night*****

Hang out and play Texas Hold'em with fellow MoneroChads safely over an anonymized network and hopefully win some XMR along the way!

To accommodate players from different time zones, Poker Night commences at 6:00 PM Sydney, Australia time and then rolls westward throughout the day, so in effect the entirety of Saturday = Poker Night, feel free to drop in at any time!

>STARTS
06:00 PM Sydney
10:00 Berlin
04:00 AM New York City


>WHERE
Poker Night alternates between Poker Club and XMR Poker to give both services traffic. This week Poker Club is the designated host while XMR Poker is the backup should there be technical issues or all tables reach capacity.

Neither service requires JavaScript.

>Poker Club
http://pokerggxmrvzecuo6afhucjwdljuve5eoavxdxdr6zedyejd6mvz5wad.onion

Dread: http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/d/PokerClub

>XMR Poker
http://xmrpoker3icphjr7c6dgct3by44ph4xvxrds4jzwjkjh7h2owdf6icyd.onion

Be sure to read the guides on either site to familiarize yourself with how things work.


>REQUIREMENTS
You will obviously need to download and install the Tor Browser to access the darknet.

https://www.torproject.org/download/

You will also need an unknown amount of XMR to play. Don't stake more than you can afford to lose.

Optionally, you can voice chat and coordinate over Jitsi for a more authentic social experience. Jitsi is FOSS and end-to-end encrypted.

https://meet.jit.si/
https://desktop.jitsi.org/Main/Download.html


Note that unlike with clearnet gaming, playing over Tor with Monero is by far the comfiest way to play because your identity, IP address and money trail cannot be established so you don't have to worry about legalities or about the tax man coming to collect his share of your winnings.

Good luck!!

>>51126239
>What is the current size (in gb) of the monero blockchain
I haven't synced mine in a couple weeks (I haven't been mining), but my unpruned node is ~130 GB
https://localmonero.co/blocks/stats/blockchain-growth reports ~100GB (probably not including lmdb indexing and stuff)
>what will happen when the chain is too big for any common citizen to download to a single hard drive?
That will never happen as long as the cost of storage continues to exponentially decrease, but if storage of the ledger is infeasible for you, I suggest pruning or even sharding. If you activate pruning on your node, the default behavior is hard-coded to only save 30% of full blocks for the sake of decentralization.
Anyways, the cost of storage continues to go down. It's almost at the point where my older smartphone (pixel 4a, 128GB) almost has enough storage to run an unpruned node (certainly if it supported removable storage via an SD card)

>>51126463
I know, but i suppose the bigger the size of the blockchain the fewer new users supporting the network we will have.
I just cant get my head around the idea of an always increasing file size.

>>51126043
>Which dex? Why would the feds allow it? They can turn it down just like they turned down Tornado Cash, no?

The D in DEX stands for "decentralized".

>>51125222
>If 1 happens then you have much bigger problems

Pretty much. These dipshits clearly don't understand that if Monero's privacy is broken, so are Bitcoin private keys lmao

>>51126463
>>51126533
I agree the blockchain size situation is not currently dire but if Monero starts getting the amount of usage as some on here predict serious improvements need to be made.

>>51125018
>XMR is everything BTC was supposed to be. Cryptos that aren’t used as currency are useless

research sylo noob, it doesn't just allow its holders to safely store Bitcoin and ERC-20 tokens but it also acts as a private messenger and allows users to make secure audio and video calls.

and recently, head of Coca-cola spoke on their partnership with Centrapay in giving consumers the choice to use their Sylo Smart Wallet to pay for items across Amatil’s vending network including coca-cola.

>>51126567
>>51126607
The storage costs of the blockchain are not the problem, as storage cost per GB tends to decrease exponentially. This is mostly a bitcoin maximalist talking point to justify their abnormally small blocksize.

The real problem is network latency and bandwidth, which don't increase exponentially. The larger the network gets, the lower the consensus bandwidth will be which manifests itself in unintentional reorgs as miners on the fringes of the network can't sync fast enough.

Monero's adjustable blocksize is capped. It might simply be the case that a single cryptocurrency cannot scale to global levels. In which case people would probably just use multiple different "clones" of the same cryptocurrency (localized to different network regions) and do atomic swaps between them.

Monero tries to do a good job balancing between privacy and bandwidth usage. Bulletproofs+ which is designed to give a decent tradeoff.

>>51126567
I'm sure we will develop fun and exciting ways to further enhance efficiency. And remember as bandwidth increases the speed at which people download from the node network increases.

>>51126665
>it doesn't just allow its holders to safely store Bitcoin and ERC-20 tokens
WOW IT LETS ME HODL MY SHITCOINERINOS???? I AM LITERALLY CUMMING IN MY PANTS, TELL ME WHERE TO BUY THIS, RIGHT NPOW.
>head of Coca-cola spoke on their partnership with Centrapay in giving consumers the choice to use their Sylo Smart Wallet to pay for items across Amatil’s vending network including coca-cola.
sounds like useless corporate faggot shit

>>51126567
I agree, but you can also run a pruned node and save some space. I have my node running on a 4Tb HDD so I have plenty of space, but I'm planning on moving it to a ~16Tb ZFS pool with 1-2 mirrors eventually for the sake of always having a backup

Morning, m'neros.

Cmon when is btc gonna crash

Cant wait anymoREEEEEEEEE

>>51127082
if btc crash isn't going monero to crash too? I mean, sadly monero seems to be in the btc solar system. its not yet a rogue planet or something...

>>51127136
I'm already financially ruined. Might as well for cheap and average out my bag and hope for 2024/seraphis/swaps/something that makes monero more attractive for people with money(read the big boys with bilions) to pump my bags

>>51127136

If and when BTC crashes it could be for good since its basically coasting on hype at this point, it can't even hold the darknet anymore.

If Monero crashes it won't also go to zero since it has growing real-world adoption to fall back on.

Always bet on black markets, they're extra-judicial and historically recession-proof.

>>51127289
>I'm already financially ruined
?

>>51126572
do you have this monerochan girl without the fat man in the back>?

>>51128204

>>51127478
>Always bet on black markets, they're extra-judicial and historically recession-proof.
I've always found it neat how the black market seems to continue operating more or less as normal, no matter how much shit falls apart around them. I'd almost say they're more stable than the rest of the economy in many cases, since people get arrested for it all the time and the rest of the market just shrugs and carries on

Any bullish price catalysts coming up?

>>51128326

>>51128326
in 2-3 years you might get seraphis

>>51126572
There's no such thing as totally decentralized exchanges. You saw what happened to Tornado Cash, no? All DEX use cloud services and http endpoints. Even with the Tornado website gone, technically you can still use the protocol but you'd have to write an interface for it lol. Literally no one here can do this. Same if it happened to a DEX, if it's gone you'd have to write an interface for it. Good luck...

>>51128596
>All DEX use cloud services and http endpoints.

>>51128596
you can still use tornado cash. even if all the frontends get taken down you can just host one yourself locally. it's not as convenient but it's possible.
https://tornado-cash.medium.com/tornado-cash-classic-ui-is-now-open-source-4b542b705a97

>>51128627
The main issue with Tornado Cash is that it operates on an open ledger, so anybody using it could get into trouble if their OPSEC isn't top notch. It'd be pretty similar if XMR was sanctioned, where anybody using it in the U.S. would be flagged immediately. Luckily the price would still be supported outside of America, so you could still probably use it on DNM's and sell it for gift cards or something on a site like LM, I don't think TC has been given that same grace

>>51128627
>>51128623
That's precisely my point. If everyone has to deploy the UI themselves, it's over for crypto. No one would go to these lengths, especially when documentation is lacking/cryptic. Show me how to build Tornado Cash myself from github.

I know this applies to Ethereum, but any chain that runs a dex could see this happening.
https://www.reddit.com/r/hetzner/comments/wucxs4/comment/ilfoj8u/

>>51128596
>bans
don't tell him

>>51127873
I panic bought high anon.
It has been doomping ever since.

>>51128859
>If everyone has to deploy the UI themselves, it's over for crypto
deployment can also mean just installing an apk or launching an exe. you don't necessarily have to install node, fetch the git project and run a server locally yourself. personally, i don't use anything besides monero so i don't really care but if i cared enough i could get something foolproof working within hours. also, now that i investigate a bit further seems like frontend is also hosted on ipfs which you can easily access through various gateways it has or directly if you're using brave browser.
>>51128795
your opsec doesn't necessarily has to be top notch if you don't interact with cexes. if you do then that's on you.
>It'd be pretty similar if XMR was sanctioned, where anybody using it in the U.S. would be flagged immediately
like they flagged those stealth addresses? nah man. as long as you use xmr you're good. just don't publicly admit that you do.

>>51124371
>proof-of-stake
picrel & did you hear about larry hooking up his Aladdin gaming rig to coinbase to get work some of that bitcoin?
>Snowden
>Cryptographic Expert
You mean that IT guy formerly employed by Booz Allen Hamilton, who holds a contract with glowies?
>doesn't have a reputation for being used in crime?
Gresham's Law. Fiat is the bad money these days. The good money is detaching from the central banks.
Quit using the Howey test as a checklist of what to do. Your security posing as currency is garbage.
You'd have better luck portraying a three card monte as as an investment instrument on the streets of NYC.

>>51128859
>That's precisely my point. If everyone has to deploy the UI themselves, it's over for crypto. No one would go to these lengths, especially when documentation is lacking/cryptic. Show me how to build Tornado Cash myself from github.

Have you ever used a Bittorrent client?

>>51129313
>deployment can also mean just installing an apk or launching an exe. you don't necessarily have to install node, fetch the git project and run a server locally yourself. personally, i don't use anything besides monero so i don't really care but if i cared enough i could get something foolproof working within hours. also, now that i investigate a bit further seems like frontend is also hosted on ipfs which you can easily access through various gateways it has or directly if you're using brave browser.
Even if you manage to get it running, you'd still have to run a validator node (which requires 32 ETH and some hardware specs) otherwise you won't be able to do anything with your "tainted" Ether. Mining pools have begun censoring transactions associated with Tornado. While most other pools are still processing blocks associated with Tornado, if the situation were to change and we'd see heavy censorship then you'd have no choice but to run your own validator node and include your transaction in your block as you pray that your node is randomly selected to make the new block which could take months or perhaps years....

https://cryptoslate.com/ethereum-is-under-attack-as-u-s-sanctions-apply-at-a-protocol-level/

>>51122874
anyone else got the problem mining with gui and p2pool that it just randomly crashes after being left alone for a while?

>>51131407
Why not mine with XMRig instead, anon? I've been running it constantly for over a month with no issues, compiled myself with donation set to 0%.

>>51124865
>IF THE CRYPTO GETS BROKEN THEN IT GOES TO 0
RETARD

>>51131471
baby steps... i don't even know wtf am i doing yet.
but if it keeps crashing i will have to switch to that for sure.

btw how the hell do you know if you found a share mining with p2pool?

>>51131514
Sorry, anon. I always forget that not everyone has compiled software before. XMRig defaults to a 1% donation to the developer if you download the executable, which is a good start I guess.

>>51131582
It's been a minute since I monitored mine, but I'm pretty sure p2pool shows a large banner that says "SHARE FOUND" or something like that. I always just wait for the payout in my wallet

>>51131672
What is your hashrate? I can't seem to ever get shares and I have around 1000 hashrate

>>51131724
This is XMRig running on Windows 10, processor is a Ryzen 7 3800X. I'll show my p2pool miner in another post

>>51126043
>Which dex?
Haveno, Serai, and an ETH - XMR atomic swap are in the works

>Why would the feds allow it?
For the same reason they allow bisq and bittorrent to exist: they literally can't stop it.

>They can turn it down just like they turned down Tornado Cash, no?

No. Tornado cash isn't p2p, it's p2contract2p, so they can just blacklist anyone that interacts with the contract. Blacklisting something like bisq would mean scrubbing the software off the internet along with banning tor. It's just not feasible.

>>51131752
This is my server running p2pool with the built-in miner set to 10 out of 12 threads (it's also hosting my full node, file backups, and an XMPP server, so I didn't want to go crazy with the miner), the server is using a Ryzen 5 5600 iirc. Overall, I'm making about 0.00375 XMR daily, so I'm not rolling in cash by any means

>>51122861
I've got a little over 1.3 monero sitting in a MyMonero wallet, what's with the count cannot be 11 bullshit? I need to move that shit asap.

>>51131898
Update your wallet or switch to a wallet that keeps updated

>>51131878
$15 per month? what's your electricity cost on that rig?

>>51132022
My electricity is free, I'm active duty military so my rig is running inside the barracks

>>51132099
cool!

>>51131878
how frequently do you get p2pool shares?

>>51122861
this is the comfiest place on the internet

>>51132644
I haven't really kept track, but p2pool shows about 2 a day (unless I'm reading that wrong)

The Monero Moon newsletter issue 56 is out now!

www.themoneromoon.com

literally what is the point of this coin aside from buying shady shit on the "web"

>>51133677
Privacy in general and being as easy to setup and run on an individual level as possible.

>>51131898
>count cannot be 11 bullshit?
thats ringsigs. they need to be 16 now. they are still updating their wallet.
feather wallet if on desktop is a fine hodl choice. cake wallet if mobile.

>>51133705
It really isn't in practice though is it. It takes forever to mine or whatever and if you buy it from an exchange you have a paper trail. So shit like this>>51127478 makes no sense because you don't need to find out where the money has transferred from, all you need to know is organisation/persons A had X amount of XMR and organisation/persons B received X amount for a product.

Basically I'm waiting for the feds to knock on my door any time soon

>>51133751
>It really isn't in practice though is it. It takes forever to mine or whatever and if you buy it from an exchange you have a paper trail. So shit like this>>51127478 makes no sense because you don't need to find out where the money has transferred from, all you need to know is organisation/persons A had X amount of XMR and organisation/persons B received X amount for a product.
That's only partially correct, you can still purchase XMR without a paper trail using services like localmonero, though I will admit that mining tends to be far less profitable overall.
Purchasing goods does disclose the total you spent on said goods but it still doesn't disclose how much you have in total as the send address remains anonymous along with the total retained in said address.
Due to tax requirements for the business you are transacting with, the most that can be disclosed in terms of information is how much you paid and only indicates that you at one point had some amount equal to or greater than however much you paid.
It's also still an excellent tool for private, personal transfers due to it's low transaction fee and remains an excellent choice for international transfers.
There are certainly still shortcomings in the privacy end of things with KYC and required purchase information disclosure but overall the system itself is still the best available to fill the role it intends to fill.

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>Grayscale, Disclosing SEC Queries, Says Cryptos XLM, ZEC, ZEN May be Securities

For the first time in August, Grayscale acknowledged that ZEC, ZEN and XLM “may currently be a security, based on the facts as they exist today,” a major shift from its May and June stance that the trio might be deemed so down the road.

https://www.coindesk.com/policy/2022/08/27/sec-questions-grayscales-legal-stance-on-stellar-zcash-and-horizen-crypto-trusts/

>>51133988

>>51133988
99% of coins are clearly unregistered securities. It seems bizarre how willing some institutional guys are to buying a lot of these coins which by any reasonable metric would fall under SEC jurisdiction which would have them regulated 10x harder than what commodities laws would usually dictate. Seems like a massive black swan waiting to happen.

>>51134102
>government's arbitrary categories says that everything must be regulated
no fucking way ?
are you insinuating that the state is a cancerous self-interested "institution" based on theft that will never miss an opportunity to fuck everyone else

I know this isn't tech support but I managed to fuck up my monero GUI and now it's not showing my funds even though it says wallet is synced and the rescan wallet balance doesn't do anything. How do I get it to rescan the block chain to register the funds I transferred into my account 2 hours ago?

>>51134454
Might need to restore from seed words along with restore height. I haven't ran gui in a long time. I use featherwallet.org.

>>51134487
How would I go about doing this? I found something online about changing wallet restore height to 2500000 and I've done that but now it just says waiting for daemon to sync and it's not doing anything. I managed to get it down to 10k blocks before it fucked up on me for whatever reason. God this is such a pain.

>>51134529
the gui was always clunky on my 2016 laptop. that's why I went to feather. your daemon might still be running after you close gui. check your task manager after closing. if you do have to restore from seed, try feather. it's fast as fuck, and has superior coin control, which is needed for a clean & tidy wallet.

>>51134529
You need to manually connect to a node.
https://www.getmonero.org/resources/user-guides/remote_node_gui.html

>>51134659
>>51134686
It's synchronizing the wallet blocks and there's ~160k left. Shall I just leave it? Or connect to the remote node

>>51134708
>160k left.
ouch, your choice. thats a lot of blocks. how long you had that wallet?

>>51134739
3 something years I guess. I only use it once or twice a year. This is the first time I've used it on 367 days.

>>51134772
well, I guess wait it out. it is a good idea to sweep coins so in these cases one doesn't have to scrape so much of the blockchain to sort things out. I have a habit of doing that quarterly.
sweeping is to send your wallet balance.....to your wallet's address (send to self). makes the block it gets mined on your new wallet birthday. it only costs a cent, because it's monero.

>>51134815
It's down to 75k blocks now so going pretty fast. And thanks I'll remember to do that.

>>51134708
>>51134866
is this the power of viewtags?

>>51135003
I don't know what that is but it just finished syncing and now it's saying I have 0 XMR in my account. So everything I had in there before has disappeared now as well. God fucking dammit.

>>51135022
Did you receive Monero before your restore height? That's probably why.

>>51135022
did you update the wallet? The new hard fork requires you to update your wallet.

>>51135022
try a different wallet (feather perhaps?) As wallets have to find their unspent coin, sometimes they get wonky. I even had 5 xmr "crash out" last night. got some daemon error from the node, then reattempted and it said double spend. got it fixed after dealing with the shithole known as walmart.
shit will be much better once seraphis/jamtis is done and hard forked.

>>51135319
>The new hard fork requires you to update your wallet.
good catch

>>51133988
BAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>51135003
>viewtags
no. it would be a fast node, good BW, and a fast machine for anon. view tags didn't appear until the hard fork. scraping prior was dl'ing the blocks, then testing every transaction against the secret view key. dark days back then.

if i have a Binance account, what's the most private way to send XMR to my own xmr wallet? im a SEAnigger and im still looking at my options on privately transfering fiat to xmr.

>>51135607
>Binance
costs more, and better to use a shitcoin with a swapper to get xmr. if you still want to get xmr from binance, check https://www.binance.com/en/network to make sure you can get your coins moved off after purchase.

>>51135653
i see. i guess i'll have to look for an actual viable way to do fiat -> own xmr wallet in my country. i'll talk to some sketchy drug dealers and test my luck

>>51135696
check localmonero if needed.
i'm already kyc'd with coinbase, so I just get a shitcoin (coinbase pussed out on xmr), get to a swapper, and get my xmr from there. extra step, works for me.

>>51131898
Just wait a week or so, they'll fix it.
Honestly though, I'd be done with them after this personally. That's really annoying.

If you are super desperate you should be able to restore it to some other wallet, but I dunno I'd just wait and worry about seed words if it isn't gonna be fixed (it is gonna be fixed).

Any day that BTC dominance is below 40% is a day to celebrate.

>He still holds bags of soon to be worthless XMR shit
>Doesn't realize US is about to ban it from all exchanges and arrest DeFi devs if they offer it still
>XMR sanctioned soon

Don't forget I warned you before all this, actual insider.

My self-hosted docker monerod node has horrendously high CPU and low wallet sync rate when using Feather or the GUI wallet. The daemon is already synced. I tried connecting to a remote node in Feather and the synchronization is blazing fast, but on my local one it's shit. Is there anything I can do, and are there any startup flags to make syncing quick?

>>51122861
XMR looks like THAT!?

>>51136024
>muhh deplatforming
Lol

Monero was created to withstand just that.
DEX's are popping up everywhre. so why should a monero chad care about zogbot platforms delisting XMR?
Bring me just one valid argument we can debate.

>>51125965
based
I don't even hold ANY monero whatsoever, but I appreciate what you're doing for the monero community (which I am not even a part of) wirey.

>>51135319
My wallet was on a year old version but I just updated it. Still having to go through another 150k block synchronization. I've done this like 3 times in the last 12 hours. The remote node I changed to takes fucking forever to sync.

Is a private stablecoin possible?

>>51137979
stable in relation to what?

>>51137979
Not a decentralized one, no. You could theoretically make a centralized stablecoin though.

>>51137979
Stablecoins fail all of the time since they easily lose peg unless they're propped up by a ton of liquidity.

question for any monerochads familar with the US tax system. If i buy monero then immediately spend it, do I have do declare that I sold monero in my taxes? I think presumably no since there was no capital gains involved, but not sure it if must be reported even if the capital gains is zero

>>51122861
My Monero needs to be removed from the OP. Their response to hardforking has been atrocious. Also why is Feather last on the desktop list? Should be second at least.

>>51139705
>question for any monerochads familar with the US tax system. If i buy monero then immediately spend it, do I have do declare that I sold monero in my taxes? I think presumably no since there was no capital gains involved, but not sure it if must be reported even if the capital gains is zero

>>51139705
https://www.youtube.com/watch?v=otCpCn0l4Wo

>>51139705
>do I have do declare that I sold monero in my taxes
What monero?

>>51139767
>>51139896
as much as being an outlaw is cool and all, I'd like to actually use monero to purchase things regularly through cake pay. cake pay doxes your phone ID, so I need to be compliant while using it, as retarded as that is. I'm a high earner and will be the first to be audited by the 80k new IRS agents, especially if they know I hold crypto.

>>51139705
Technically you get asked if you ever used crypto for anything, and they do this to put you on a list for deeper investigations.

But since the financial gain is negligible, the taxes on it are negligible as well and I assume the possible risk and fines ("cost of buisiness") are negligible as well.

>>51139959
yeah I want to be able to answer "no" to that question to not paint a target on my back. but I also want to use monero to purchase things in my every day life
>verification not required

>>51122861
I just started mining some Monero with my gaming PC. I average $0.15 a day.
I did some research and there's really no way to profit from monero mining unless you have free electricity etc.
so currently the only incentive to mine XMR is to get clean, untraceable crypto. is that right? I'm pretty sure I'm mining at a loss if I factor in electricity

My computer got wiped and the 0.02 XMR I had previously isn't showing up in either feather or GUI. The problem is I need to pay someone so I bought 0.11 XMR (the minimum on binance) and planned to use it with a bit of that 0.02. My transaction history isn't showing up prior to the recent binance transfer either.

>>51139958
>>51139979
I would
>assume
they want you to report it but since you're purchasing it at spot and selling instantly that there wouldn't be any actual taxes to pay on it, since your capital gains wouldn't involve any actual gains.

>>51140045
rescan the chain from the block you created the wallet at.

>>51139985
Think of it as a way to turn your electricity bill into Monero. You should at least break even in electricity costs if you mine with Ryzen

>>51140091
I did that on GUI and it didn't work, but I'm not sure if that's just the interface being shit or what. Is it even possible to do on feather?

>>51140161
Idk I've never even used featherwallet.

If there's no tx history showing up but you know there were txs before then, then the answer is "your wallet client has not seen those older transactions and needs to rescan those blocks"

>>51139896

Yo dudes I need some help

I just restored an old wallet from a couple years ago that had 1xmr on it and it just. Disappeared. There's nothing on it, but im certain I had 1xmr in it (wrote down the seed with exact amount)

Is this just some fuckery with synching?

>>51140905
What wallet specifically and has it been updated to the new software since the hardfork we just had?

>>51140905
let me guess, restore height?
outputs don't just dissapear unless there's a reorg.

>>51140971
Not to sound retarded but what happens if I can't find my restore height

Is my xmr just lost to the void

>>51140990
Then you just restore from a block written WAAAAAAY before that wallet could have possibly been created. If you know you made it during summer 2021, restore from a block written in like winter 2020. If you don't even remember, rescan from genesis and get comfy because that will take a while.

>>51141017
Thanks dude! You're a lifesaver

>>51140990
no, the restore height is just the first (earliest) block it starts to check transactions for, the point of the restore height is just to save you time. The restore height they tell you to write down is the block that you created your wallet on- it assumes that you don't want to check for transactions that happened before you even created your wallet.
If you enter a restore height that is too high, your wallet will not see transactions that happened before that block.
You can just set a restore height of 0 and it will check every block, this will take a while.

what wallet/version are you on? there was a recent update to monero

>>51140905
I literally just had that problem >>51140045. What you need to do is find your wallet in your pc documents, find the date when it was created, go onto GUI, settings, info and then change the wallet restore height to the date you created the wallet and let it scan for you.

>>51140188
Thanks

>>51134454
did you upgrade to the new GUI wallet recently? if not your wallet is out of date and probably isnt connected to the main net

is there any GUI wallet with multisig made simple?

>>51141882
not at this time. the only thing I know of is rino.io, which is a multisig escrow site.

is there a reason for why the first like 1 million wallet block scan goes extremely rapid but then when it comes down to the last 200k it takes like 10 hours just to scan 10k? is changing remote node worth trying?

>>51142304
earlier blocks were smaller size since less txs

>>51122861
Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/392937835

>>51143794
Monero-chan kind of looks like Quiet in the "I Want You" poster

>>51142304
Sync time is largely affected by stealth addresses, RingCT, and ring signatures (each of the transactions have to be validated by your wallet as you download the blockchain). Over the years, the mandatory ring size has gradually increased from 0 to 16, RingCT was implemented in 2017, and then you have other upgrades like bulletproofs/bulletproofs+ and DLSAG/CLSAG which occurred as well.

Basically, when monero adds more shit to the protocol to improve privacy, it slows down the sync speed (with the exception of speed-enhancing upgrades like viewtags).

Monero makes a lot of sense to me as a currency compared to btc due to privacy... but a horrible investment if you believe the system's collapse is imminent or that crypto will get crackdowned.

Like, cool, the network can technically withstand being outlawed but liquidity would go to shit and it would become harder and harder to ever get any monero.

A lot of the sentiment in this thread about why to hold monero seems better served by gold or really arable land. Maybe I just don't get it.

>>51122861
New 12 month high against Bitcoin

>>51144420
>>51144420

You dont get it do your research. Its crazty to me how many schizos on this board will shittalk monero but not even realize how history repeats itself.

Majority of the FUD surrounding XMR is EXACTLY what BTC was like 2012ish.

I buy XMR because its a time machine its that simple.

Midwits will miss out because they dont wanna humble themselves and actually do the research.

>>51144542
naw he's right in a way
crypto in general has still yet too face many of the challenges it promised to withstand
monero on the other hand is the only one that has been doing its homework, and its still better than owning land because the government can't seize it

>>51144492
That's like a bear market signal though isn't it? I hope not this time...

>>51144981
I'm really interested in seeing what the future holds for XMR. I think a lot of the arguments that apply for encryption (such as VPN's or Tor) can apply to XMR, but that's never stopped the gubbermint from trying to pass stupid laws in the past.

>>51145337
banning monero would be like banning the tcp/ip protocol.
the only thing more dystopian than that would be banning thought

>>51144420
>Like, cool, the network can technically withstand being outlawed but liquidity would go to shit and it would become harder and harder to ever get any monero.

Dollar liquidity, sure. If the system collapes then there's plently of gold, silver, coke, heroin, beans, and 'deenz liquidity to be had.

If 99.9% of the CPUs in circulation right now are made by Intel and AMD (both of which have spyware embedded at the firmware level), couldn't they just create firmware that detects monero mining and stop the CPU? Assuming the monero devs upgrade the algorithm to bypass anti-mining limiters, wouldn't that create a sort of cat and mouse game that would be damaging to the network?

Not an argument for ASICs or GPUs btw. My point is that while CPUs are much more widely distributed in the world, the fact that 2 companies produce them may actually produce a large attack vector. Not sure what the stats are on this but I would guess that monero mining is primarily secured by newer high-end CPUs that are no older than 3 years. If that trend continues then monero will always be relying on the newest CPUs with the newest spyware attached.

>>51146413
>firmware that detects monero mining
oh man, that would be interesting, but it would most likely create 1) a black market for cracked firmware 2) massive premiums on old "monero compatible" hardwares, equivalent to the "NON-LHR" gpu market last year -- this is financial suicide for the companies (driven solely by profit at the end of the day) because it will cause a LOT of would-be new sales to go into used hardware
interesting consideration I will have to give it more thought but my kneejerk reaction is it isn't viable. the ETH-mining communities reaction to firmware-level restrictions is proof of that too, with unlocks reaching ~80% of theoretical performance before nvidia totally-didnt-release-the-hacked-driver-to-boost-sales

>>51145492
it would be more like banning telegram

sure it's encrypted and they can't raid your house because they don't know you're using it, but now it's not on the app store and it's a lot harder to get other people to use it as a result.

>>51146413
x86 does not even account for the majority of CPUs.
If Intel/AMD abuse ME/PSP in an obvious way for trivial shit like preventing crypto mining, consumers will drop them. It's not comparable to nvidia's hash limiter because CPUs are expected to be general-purpose computing devices, not co-processors.
There is a difference between a authoritarian state (that wastes its limited time/effort on this type of stuff) and a surveillance state (that collects intelligence and waits for the right opportunity to reveal it). Those backdoors are there for WW3, don't get it twisted.

>>51147016
>and it's a lot harder to get other people to use it as a result.
Which only allows organic growth to continue and the protocol to continue to grow at a rate that isn't ruined by moonboys. Sounds good to me. We've already seen this more-or-less happening considering how many exchanges to list Monero. Hasn't stopped us from acquiring it.
>>51144420
>A lot of the sentiment in this thread about why to hold monero seems better served by gold or really arable land. Maybe I just don't get it.
Do you seriously think the right to private transactions won't continue to go up as time goes by?

>>51145492
I'm aware, anon. But we should never underestimate the incompetence and failure to research that the government is capable of. I don't think a ban/sanction would really last in practice, but it only takes 1 loudmouthed kike to spread fud about XMR for the normies to panic about "le evil hitman currency", they've basically already done that with disc encryption (everybody I know that hears about FDE immediately assumes it's only used for crime or the military because they "have nothing to hide")

Is Monero more energy efficient than Bitcoin?

>>51124865
>1. Monero will go to 0$ if privacy is broken.
How new are you to crypto? Understanding cryptography is 101 before anything else. You're a fucking retard.

>>51147839
We are humanities last hope.
https://www.youtube.com/watch?v=aC9Uu5BUxII

someone just hit "enter" and felt REALLY powerful

>>51147891
what if somebody guesses the devs password though?

>>51149820
they're cryptochads, probably sporting yubikeys for shelling and shit.

>>51149820
what could happen then?
is monero so fragile that somebody stealing a dev password could bring the whole project down?

>>51122861
I want to spend some Monero soon on a purchase that will bring me happiness. Would it be better to spend now, or is this the bottom and I should wait a few days/weeks?

>>51151145
it will doomp some soon enough as the fedres is running the show, and they are all QT at this time.

Am I greedy if I want the sats to be 0.01?

>>51151303
so you're saying I should make my purchase now, and then buy-back later on when the price is lower? How sure are you? I spent some a few weeks ago at $140, and was holding out to rebuy as it went up to 160. Now I'm debating whether to I should replenish or wait for further dump. Truth is I'm almost out of XMR for the time being

>>51151650
This is why you should just DCA
In either case, buy. Worst case scenario you'll be stuck with the poor fortune of buying more

>>51142708
dawww, it's already dead anon.

>>51151430
>Am I greedy if I want the sats to be 0.01?
Monero should be more valuable to Bitcoin.

bros why isn't xmr doomping?
I want cheapies.

bump for basednero

>>51148214
I watched this and I feel nice about Monero. What are the possibilities I am getting scammed into liking something I shouldn't because it has some downsides I haven't heard of?

>>51154096
Ha, no. Society needs cryptonote, they just don't realize it yet.

>>51154570
>scam
Using a word such as this denotes that you need to dyor, immediately.

>>51154864
What’s his address?

>>51154902
Speaking of, what's the meaning of "your own research" in that case? If I went online to learn about Monero, I might have come to this exact video. Wouldn't that be "my own research"? What's the difference between being spoonfed by anon (who might be a scam shill) and finding material legitimizing a scam myself?
That's not to say Monero is a scam - the idea of khajit has coin and the coin is a coin and not a woolen thread being held by each of previous owners, all being done in computers, that sounds cool. I'd like to participate in this, even if I don't have use for it myself.

>>51155082
>What are the possibilities I am getting scammed into liking something I shouldn't because uhhhhh downsides
a black swan is a black swan, I provide information, come to your own conclusions.

>>51139958
IRS can go FUCK themselves if they expect me to self-report CAPITAL FUCKING GAINS tax on everyday transactions I make that are ALREADY BEING CHARGED SALES TAX LMAO I've got a bullet for each and every one of you reading this feds.

>>51155802
>IRS can go FUCK themselves
BASED

>>51155802
I just got to the point where I stopped caring, if they come for me I'll have no choice but to send as many of them to hell before I die.

>>51136673

Someone please link me an affordable xmr miner to leave plugged into my office. I say a really cool box that both mined xmr and was used to operate a node.

>>51159159
just run xmrig on all the computers there

>>51159159
>link me a miner

monero miners are just anything with a CPU in it, I can mine on my android phone, my laptop, my desktop or a supercomputer. Pre-built PC's typically have weak CPUs, so you're going to have to build your own if you want it to be even remotely worth the time or money.

My best reccomendation is a ryzen 5950x or a 3950x CPU, build outwards from that.

Sent some monero to kiwifarms today to help them ward off the troon army attack. Probably gonna send them more tomorrow. fight me.

>>51122861
Anons your participation needed, post advices and monerochans

Global Hyperinflation General /GHG/ >>>/pol/393069825

>>51161884
3900 > 3950 > 5900 > 5950

>>51159159
>>51161884
BUT, if you just wanted it to be super duper easy and basically have someone else do 90% of the work for you

Parts:
>Ryzen 9 5950x
>Gigabyte b450m ds3h
>Corsair vengeance 3600mhz memory (2x 8gb sticks)
>Noctua NH-d15 cooler (overkill, but you'll never ever have thermal problems)
>Corsair 650w PSU (also overkill)
>flash drive to boot from
>500gb NVME to mount directly onto the board for storing the full blockchain (for your node)

Operation:
Install some flavor of Linux, enable hugepages and mine (with sudo permissions) on 26 of the 32 threads while the node syncs in the background. Don't forget to forward or open the necessary p2p port on your router or firewall, or else your node is dead weight on the chain and isn't contributing anything.

I'd also recommend writing startup scripts for everything that needs to run.

>>51162107
benchmark numbers are deceiving and the 3900 and 5900 shouldn't even be on the list.

>>51162308
3900 gives better hash per cost than 3950
5900 gives better hash per cost than 5950

>>51162396
You are correct, HOWEVER.
A better cost per hash per second is a negligible advantage for a CPU that mines at roughly 60% the speed of the comparison CPU, I would rather spend more on my cpus and significantly improve my income at the expense of efficiency. (at least for the time being)

Also consider that they can do other things besides mine. The 5900 VS 5950x for example, on the 5950x I can mine on 4 more threads than the 5900 even has, outpace its hashrate significantly and still have 4 threads of overhead to run the OS and monerod.

I guess it really boils down to your specific application, if you just want to mine as efficiently as possible, as fast as possible, or if you want to multitask.

>>51137979
>private stablecoin
monero is a crabcoin, has some inbuilt stability

>still slowly but steadily gaining on btc
feelsgoodman

>>51163897
I predict $7k BTC and $70 XMR by the end of the year.

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

>>51165205
MONERO
MONE MONE
MONEY

Here is the first ever appearance of pic rel, monerochads. Produced by the most avanced AI + postprod, 10min ago. Go Monero

>>51164969

This would be the best Christmas present ever

>>51163897
I used to be a huge BTC maxi, but I bailed when I saw how long it was taking the community to make basic decisions (specifically around the time of SegWit). Considered Ethereum, but didn't like how the community behaved in regards to reverting transactions (the fork between ETH and ETC), so I landed on XMR. I remember buying my first XMR at $8 a piece after seeing an article about it on DDW, never really looked back. I'm glad there's a network that can come together with a clear view of the future

>>51165394
Man, I wish I could buy at $8 a peice just once.

>>51161911
same

>>51164969
Please God...