/biz/ - Business & Finance

PREVIOUS THREAD: >>58092457

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

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

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

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

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


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

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

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

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

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


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

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

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


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


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


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


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


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


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


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


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


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


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


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


>LATEST UPDATES

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

monero is the peak midwit coin

Never forget what this is ultimately all about.

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

>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://kycnot.me/?t=service&q=&xmr=on

>Live off XMR with Cake Pay (now available in 140+ countries!)
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/

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

>Monero-only bullion shop
https://monerometals.com/

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

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


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

# = recently launched, exercise caution

>Alias Market #
>Archetyp
>Asur Market
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>Drugula #
>FilthyFellas
>Gofish Market #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/ivG7HN52


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

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


or a reputable clearnet service

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


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

>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/

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

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

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

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

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

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


>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 BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC 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

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

First for Monero-chan.

>>58156657
At this point if someone would make a shitcoin called "monero is the peak midwit coin", its mc would eventually grow bigger than moneros mc. The market doesn't care about fundamentals at all. It's all about number go up and memes.

>>58156657

>>58157201
>At this point if someone would make a shitcoin called "monero is the peak midwit coin", its mc would eventually grow bigger than moneros mc. The market doesn't care about fundamentals at all. It's all about number go up and memes.

Put a hat on it and you got yourself a bona fide winner.

THREADLY REMINDER

>>58157398

How many grams of uncut cocaine is that?

>>58157398
How does that translate to people of -2 STR

i hate the antimonero

Reporting in
##################################
IRC - https://pastebin.com/kP1gZ1Hk
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

>>58157562
Krautanon you make pretty gud maymays out of monerochan fumo.

> XMR transaction count = 40% BTC transaction count
> crabs lower than before
Yes, I think it is the best coin.
But

>>58157440
I hope you OD.
>>58157451
Git gud.

>>58158021
>I hope you OD.

Been there, done that.

>>58156703
Update the numbers from 44k. They're as cringe as the "unlimited supply infinite inflation" posts that get spammed here.

>>58158366
That's a statement of the minimum breakeven mining price of btc, not some price prediction.

EYES ON THE PRIZE

> SERAPHIS
> JAMTIS
> FULL MEMBERSHIP PROOFS

MONERO IS THE FINAL SOLUTION TO THE TAXMAN QUESTION.

For the Captain!

Download all the episodes (01-19) of Captain Blackbeard Radio on I2P torrents:

magnet:?xt=urn:btih:d14744b96a6eeaefbca26b9a175c00cffc5922f8&dn=Captain+Blackbeard+Radio+Ep.01-19&tr=http://tracker2.postman.i2p/announce.php

I2P Torrenting FAQ:
1) Download i2pd.website
2) Download Qbittorrent 4.6.3 (LT20 ==> LIBTORRENT 2.0 VERSION!)
3) Setup your Qbittorrent client as is shown here: https://github.com/qbittorrent/qBittorrent/issues/19794#issuecomment-1890950600
4) Sneed & feed the captain's radio Finest Sounds From The Underground!

>p2p
>i2p
>gpg
>xmr
Neveko is the final solution to the extorting dnm glowies
https://github.com/creating2morrow/neveko

>>58158429
It is a prediction "if x does not happen then y". Given x has happened, either the statement is dumb and pointless, or the author thinks Bitcoin will go back below 44k which is another prediction.

>>58159058
The halving isn't until next month, so the information is current. The if/then statement pertains to profitability, not speculation. The extrapolation is also correct, and I'm sure the baseline profitability price of btc will be updated after it happens next month. Get that thong out yo bussy, playa.

wtf bros price is dumping it's over

>>58159529
BUY

>>58159353
The if then statement assumes the fee market for Bitcoin will never change, another prediction.

>>58157959
It feels like I was born for this.

>>58160208
You must be retarded niggercattle if that's the conclusion you come to. You just outed yourself, designated btc maxipad shill-kun.

when monero gets banned, it will be the first crypto to have a negative value

>>58159593
Bitcoin is about to shit the bed, I am feeling it. Meaning Monero will go down even lower.

>>58160712
You fee like a retard. Monero is the most reliable top indicator in crypto.

Holy shit guys the thread copypasta has gotten out of hand

I ain't reading all that

selling all my shitcoins for xmr. but then what do i do with it

>>58161469
you diversify into buying cocaine, wownero and weed

>>58161660
how can i get wownero without going on tradeogre? when is it coming into cake wallet? i don't want to risk my shit on trade ogre there's a lot of people that lost funds i think its going rogue.

>>58161730
If you wait for it to show up on cake you're too late.

>>58161834
but the ogrejew is gonna steal my funds bro.

>>58157067
we love you monerochan
>>58160435
you sound like a no-coiner in 2017, but even funnier since you display a lack of understanding black markets and prohibition. they can’t ban xmr ir privacy cryptos any more than they can ban cocaine. the worst they can do is just literally make it more scarce against the same (and greater) demand, which is the worst thing they can do. they used to try the same with bitcoin...

>>58159529
>wtf bros price is dumping it's over

>>58157440
Drugs are gay kys

>>58163280

Problem?

>>58160712
How's that short working out for ya?

How much longer can they suppress the price of monero

>>58165249
Until it's banned from all CEX.

>>58165249
Never was. At least not successfully. Everything else is just batshit overvalued.

>>58160435
>banned
>p2p network

Do I buy WOW now or wait for it to dump?

>>58164293
check the chart

>>58166582
Wownero has no tail emission and fees that are too low, which means once it reaches tail emission phase, the blockchain will halt and the coin will go to zero.

>>58165342
finally some common sense

Honestly good for you retards
even if i'm not that interested, your waifu/mascot is pretty fucking cute ngl
i wish some of my coins also had waifus instead of shitty memes or animal variants of pepe, then i would be more motivated for trading with dextools and shit

>>58166587
Yeah, it never did get back down to his entry.

>>58167231
>tfw the only two real projects of any note have anime girls associated with them
It's a marker of quality.

Reminder that moonfags get the rope.

>>58167231
>>58167254
It filters people with a calcified amygdala.

>>58166582
I'm so glad I bought in at https://neroswap.com/ while it still worked.
>>58167711
wagmi

>>58167795
Fumonero is the only hard asset. It goes up forever.

>>58168177
The fumonomics are insane. Only 100 minted forever. No tail emission. Already sold out.

And another happy customer served!
Thank you for your patronage!

>>58168524

Based and agoristpilled.

>>58166582
what dump? it will be added to cakewallet in a few days, i doubt there will be a huge dump with this much exposure. cake has over 100k installs on android alone

>>58166592
stfu stupid retard

get in!

>>58168639
So you cannot address that concern about the tail emission?

>>58168968
This general has some mystical ideas about mining economics. As long as there's someone willing to buy there'll be one guy mining all the wowneros basically for free. The shit's been around since 2018 and it didn't go to 0 in the last crash, so why would it halt and catch fire now?

>>58169053
But nobody is concerned that it will go to zero now. The concern is about when it reaches the tail emission phase, which is zero for wownero.

>>58169099
You're worried about what a meme coin is going to do in 50 years?

>>58169215
So it's just gambling then? Not a currency?

>>58169364
>A few years back, some researchers analyzed the track record of national paper currencies over history. What they found was that the mean average lifetime of a paper currency was 40 years before it failed. Also, the median average lifespan of a paper currency was about 25 years.
If it has 50 years of life left it's already better than most fiats. Not bad for a joke.

>>58169215
Monero has reached tail emission phase after 8 years. If Wownero didn't change anything in that regard, then then it has what, 4 years left?
Why would anyone mine it if there is literally 0 reward? Fees are either low or literally zero if no one transacts.

>>58169451
Whataboutism. I never suggested anyone invest in fiat nor am I comparing wownero to fiat. I'm just wondering if wownero is presented here as a gambling option or as a legit currency which aims and takes actions in order to stick around forever if possible.

We have limited money to invest on things. We can invest on gambling, or we can invest on a legit, well-thought out cryptocurrency that tried to be *the* world currency. One can only happen at the expense of the other. So other than people who want to gamble on memes, should anyone else buy Wownero? Or should we stick in Monero if we care about sound currencies for the world?

>>58169215
>You're worried about what a meme coin is going to do in 50 years?
If you don't care and it takes 50 years to reach zero emission phase, then it is effectively "unlimited supply" but is advertised as "limited supply".

>>58169455
Also the dynamic block size algorithm assumes there's a block reward that can be penalized in order to work. How does Monero intend to solve that without introducing a tail emission?

>>58169552
*Wownero
not Monero.

>>58169532
tl;dr
It's just a joke, man.

>>58169364
>>58169544
Wownero is literally a joke coin. If your buying it you're only looking to grift on the Pancake Swap listing.

>>58169455
If fees are low the power cost to mine is low. In the distant future there could be two old pedophiles trading wownero back and forth for kiddy pics, and one of them could provide 100% of the network security from an old phone in a drawer to bilk the other guy out of a few pennies.

Is monero mining profitable?

>>58169566
>>58169588
Ok so it's in the gambling category, like a casino token with a meme printed on it.

I'd rather gamble on an actual gambling game, and use a proper currency that attempts to have a future as currency.

>>58169588
>If fees are low the power cost to mine is low.
Not how it works. Block closing time is ~2 minutes and will always stay this way. Your miner will be 100% loaded all the time, but your chance to close the block is decreased proportional to number of miners. If you are the only miners, nothing changes for you, you are just burning power to get zero rewards.
>>58169544
And if emission phase is extended, but still follows the same formula, then it creates small number quadro-giga-mega whales (devs) that will dump on everyone in the end.

If you want meme coin, buy Doge and wait for Elon to pump it.

>>58169594
Depends: https://www.coinwarz.com/mining/monero/calculator

Friendly reminder that this is the clown market Bitcucks expect you to take seriously.

>>58169665
>Block closing time is ~2 minutes and will always stay this way
But block difficulty is variable.
>Your miner will be 100% loaded all the time
You know you can cap program CPU use right? Or just use a CPU that can only draw 1W if you're too dumb to figure out cgroups.
>chance to close the block is decreased proportional to number of miners
Chance to close a block is proportionate to your share of global hash rate, not the number of miners. If mining rewards drop, global hash rate drops, and your average power cost to mine a block decreases.

>>58157905
you should switch your browser recommendation in 'Education' to Mullvad browser
it's just a fork of Tor browser without onion routing made in collaboration with the Tor project

>>58170046
>You know you can cap program CPU use right? Or just use a CPU that can only draw 1W if you're too dumb to figure out cgroups.
Only applies if you are the only miner. If there is at least one more, you will have to compete with him. And you are still getting no reward.

>>58156691
just started running it

>>58170194
No, you get a reward proportionate to your contribution to the global hash rate. Whatever that might be.

>>58170239
Which is exactly why you might need to load your CPU to the max, otherwise it will be trivial for the other miner to hijack all blocks. Rewards that are proportional to your hash rate only work for large number of miners.

>>58170295
>Rewards that are proportional to your hash rate only work for large number of miners.
What retard math is this? If there are only 2 miners and the other guy is 50x faster than you, you still get a block every 200 minutes or so. If there are a very large number of parties contributing non-trivial hash rate you need a mining pool to have reasonable likelihood of rewards.

>>58170386
>If there are only 2 miners and the other guy is 50x faster than you, you still get a block every 200 minutes or so.
The other miner doesn't have to accept your block. He can discard it and mine his own and then one of top of it. His blockchain is now longer than yours, invalidating it.
Owning more than 50% of hash rate means you control the blockchain.

>>58170460
No, then he has a fork and you have your own chain. Membership in the same chain precludes this behavior.

>>58170539
>No, then he has a fork and you have your own chain.
That is meaningless. The only valid chain is the longest one.
With 2 miners of unequal power (unless they have decided to co-operate) one takes all rewards and the other one get none. The bigger one can also hijack ~1000 older blocks due to delay in block difficulty adjustment.

>>58170602
That is not how it works. Miners don't go from Option 0 (wrong) to Option 999999999 (correct). It's random. You can mine with 1Hz and hit the lottery win of your first try being right.

>>58170633
That's not what he said, he is not talking about the weak miner being unable to mine a block. He can mine a block but the block will be dropped: With two unequally-powered miners the chain is effectively 51% attacked by the stronger miner. So the strong one can chose to exclude ALL the blocks of the weak one, and statistically his chain will grow faster than any chain that contains blocks of the weak miner. This does not violate consensus rules so the weak miner, is forced to accept the chain of the strong miner.

>Wownero Hash rate: 26.132 MH/s
Is there indication that wownero isn't being 51% attacked? There must be some XMR botnet owner that can take it over.

>>58170690
So you're allowed to hack your node to exclude other miners, but the rest of the world has to blindly follow consensus rules? This is the same logic conspiratards use to explain how China is going to 51% Bitcoin and crash the network.

>>58170899
To exclude a miner you have to coordinate the whole world to do that. This is impossible, and this is exactly why the consensus algorithm exists. The longer chain always wins.

>>58170944
You only have to coordinate the liquidity providers. The chain that can't cash out dies regardless of what your crypto weenie algo says.

>>58171052
And how your typical wallet should navigate this? It won't be able to find the right chain, so money transfers won't work. Sending crypto to exchange won't be easy and P2P payments will be completely fucked.
Plus if exchanges are able to coordinate what goes into blockchain, then they effectively performing 51% attack.

>>58171105
It's almost as if crypto won't kill the banks and Bitcoin is a giant psyop like the hippie movement.

>>58170139
yeah i keep meaning to update all of those, maybe I'll take the time while i have the next few days off work.

>>58171521
>It's almost as if crypto won't kill the banks and Bitcoin is a giant psyop like the hippie movement.
crypto was always a testbed for CBDCs.

>>58170899
What whole world? The example we're talking about is literally TWO miners.

What is the endgame experience of monero, i was trying to move monero back to fiat to pay myself a whore but the experience took forever, i borrowed in the end, would a faster chain really increase our marketcap

Tfw more processors arrived to mine Monero.

>>58171975

>>58171674
If there are two miners it stands to reason there are like 200 punters buying their coins to trade lewd fumo vids.

>>58172487
If you are saying that non-miners can somehow change the code of their nodes to reject blocks by the attacking miner, then explain how would they even detect such blocks. The attacker is still including all transactions into his blocks, so the blocks are not empty. Not that it would be hard to include fake transactions anyhow just to make them look non-empty, but let's assume he wants those tx fees so he includes everything. His blocks are simply not building on other blocks. But that's not against the consensus rules, nor is it easily distinguishable. I'm really interested if you have a solution to this. I don't think there is one that doesn't sacrifice the trustlessness of the system (like Miner Identification like BSV) or that doesn't resort to a secondary consensus rule/mechanism (like the rolling checkpoints of some BCH node implementations).

>>58172723
Pretty sure there would have to be collusion between miners and stakeholders.

>>58174043
I don't understand. The example we have is where there are two miners, and one of the two is more than 50% of the hashrate. In such a case, there's no collusion needed. That one miner can "orphan" all the blocks of the weaker miner so that only he collects ALL the fees and ALL the block rewards. Maybe you have a different scenario in mind?

what can we infer about the attacker's motive, now that we know it was a spam attack?

>>58174692
I happen to agree with you but how do we know?

>>58175190

>1in/2out have a huge increase on March 4. No other type increases at the time. That pattern suggest spam instead of more transactions by real users.

>Here is the methodology for the estimated spam volume:

>There is some set of criteria that identifies suspected spam. The early March 2024 suspected spam transactions: 1) have one input; 2) have two outputs; 3) pay the minimum 20 nanoneros per byte transaction fee. The normal volume of these transactions produced by real users must be estimated. The volume in excess of the normal volume is assumed to be spam. I followed this procedure:

>Compute the mean number of daily transactions that fit the suspected spam criteria for the four weeks that preceded the suspected spam incident. A separate mean was calculated for each day of the week (Monday, Tuesday,...) because Monero transaction volumes have weekly cycles. These volume means are denoted v_{r,m},v_{r,t},v_{r,w},\ldots for the days of the week.

>For each day of the suspected spam interval, sum the number of transactions that fit the suspected spam criteria. Subtract the amounts found in step (1) from this sum, matching on the day of the week. This provides the estimated number of spam transactions for each day: v_{s,1},v_{s,2},v_{s,3},\ldots

>For each day of the suspected spam interval, randomly select v_{s,t} transactions from the set of transactions that fit the suspected spam criteria, without replacement. This randomly selected set is assumed to be the true spam transactions.

https://www.reddit.com/r/Monero/comments/1bnh1xp/observation_can_lead_to_true_understanding_watch/kwilg2v/

I would like to thank the united states government for generously offering newfags an easy soft buying point

What is the consensus on Zcash? Hardly ever see it being discussed. Worth buying a bag?

>>58176077
Very nice. If that's how many txs they control, how are the deanonimization probabilities of a tx right now?

I think it's probably someone trying to de-anon ringct txs.

Less likely scenario: someone has found a bug in full membership proofs that allows them to deanon txs and is trying to create the conditions to push towards a rushed implementation.

>>58177189
Zcash run by cucks, stay away. Even if you are a statist bootlicker, you don't want other statist bootlickers to be running your currency.

>>58169594
Only if you have a botnet

>>58177189
>Hardly ever see it being discussed

There's a reason for that.

New Monerochan track:

> Monerochan - Revolution is Here
https://www.youtube.com/watch?v=jMIshC61T18

>>58179880
Catchy. Also, desperately need more pirateneros.

>>58180003
New:
> Monerochan - Buccaneers
https://www.youtube.com/watch?v=bWJoK08RyGM&feature=youtu.be

>bought from moneromarket a few days ago
>non illegal item
>everything went great
>sent out an unrelated package a day later
>nothing to do with moneromarket
>get a notification from Deutsche Post saying my package has been searched (and released)
Am I on some agency's radar now? Thank you Germany, very cool

>>58181384
>Am I on some agency's radar now?
>now
Anon... We're all on a list already.

>>58181384
You bought the caramel candy. It's over for you.

>>58156610
Based thread, I have a crush on Monero-chan.

>>58181384
Don't get paranoid now, only do it when it happens again at least twice.

>>58177513
>how are the deanonimization probabilities of a tx right now?

Around 1% and that's only if you're sending directly to a KYC'd exchange over and over again.

>>58181384
>Not having good comms and op sec
You did it to yourself. I bet you had and sent that shit using your actual address too. NGMI.

fuck this gay earth
>start looking into crypto again after not paying much attention for awhile.
>try kucoin
>requires kyc
>try coinbase
>account blocked for unspecified reason
guess its tradeogre time

>>58180521
>>58179880
New Monerochan songs:

> Monerochan - Spirit of Liberty
https://www.youtube.com/watch?v=fkeh-4uYS84

> Monerochan - Cypherpunks Delight
https://www.youtube.com/watch?v=3BhUwAUp40o

> Monerochan - We Roam the Digital Sea
https://www.youtube.com/watch?v=7n_gb-5zrTo

>>58182051
indeed, be like water anonsan

>>58182558
>>58182051
Still need some other crypto to trade for xmr. Why not buy directly on localmonero?

>>58182830
that would be ideal

>>58177513
>>58181765
The spam finished days ago. Things are back to normal.

>>58182558
thanks nonny
>>58182830
yeah i should try that. i have access to other cex that havent blocked me lol but they are kyc

gonna try basicswap. looks cool.

New Monero songs dropped:

>Monerochan - Monero Rebellion
https://www.youtube.com/watch?v=IpnXIZ12bbw

> Monerochan - No More Shackles
https://www.youtube.com/watch?v=qjlhWaL_rRI

Monerochan

>>58181512
I wonder how you were able to tell. Is traffic really that slow on moneromarket? It's true though. I did buy from you.

is xmr back to crabbing or are we dumping further, need to put 20k somewhere

https://github.com/Rucknium/misc-research/blob/main/Monero-Black-Marble-Flood/pdf/monero-black-marble-flood.pdf

>>58182051
Bisq

>>58187244
xmr is for drunk scalping not for holding

>>58187244
put your 20k in SPY or something pragmatic

Fuck I really want to dabble into dual epyc mining. Sink few grands for roi of never ever?

How will monero baggies cope when LN kills off their inflationary shitcoin?

>>58186625
You're correct that moneromarket doesn't have that much traffic, but it's also that most top vendors happen to hang out here. You being German just made guessing easy. I wasn't 100% sure, but close.
As far as your problem goes, I have no idea if perhaps I'm flagged as terrorist or whatever and that maybe everyone I send stuff to gets flagged also. Maybe. I think it's just a fluke, though. At least it has not happened for me personally.

>>58187861
Why is it that whenever someone says not to invest in the thing the thread is about, they always name something even worse as an alternative?

>try to buy monero
>every exchange wants photo id and face scan and penis print and anal swab
>fags on localmonero want a fucking video call
no way niggers just give me coins for money

>>58156610
NO
YOU RUINED MONEROCHAN
YOU ARE USING AI SLOP STOP

>>58188774
Monerochan AIs are cute. I edit ones I make to correct wonkiness.

>>58187874
Get something like a 7601 if you can for cheap. Really the motherboard seems to be the only part that is hard to get discounted.

>>58182051
>>58188738
I was surprised too at the absolute state of "crypto" after not following much since 2015. Needed to buy some but every exchange I tried was KYC cucked.

>>58187273
> the total fees paid by the spam transactions over the 23 days of spam was 81.3 XMR
Grim. Even a 10x increase in transaction fees will not make it expensive enough to deter a state-level actor from exploiting this attack vector.
RingCT is kil.

>>58187274
is it much better than ogre. tried out ogre yesterday and it was pretty nice. simple but nice

>>58189143
yeah it's pretty fucked ~.~

>>58188738
Just offer some service on moneromarket. Like buying digital goods (or even physical goods) for others, like steam/humblebundle/gog gifts, gift cards, paysafecards, whatever. Split the 5% moneromarket fee, or absorb it if you don't mind, to attract more people. You can probably sell gift cards under the "money" category that has a 1% fee since they're basically just money. Or open a localmonero buy order and let people come to you on your terms instead of going to others on their terms.

>>58189265
>is it much better than ogre
It's more complicated and you have to already have BTC to trade iirc. There is a deposit.

Is tradeogre down for you guys too?

>>58188774
That isn't AI

>>58189591
yeah x.x

>>58189591
yup.

>>58189591
yup. can someone check their twitter profile? i don't have an account

>>58156610
Is xeggex a legit exchange and do they require kyc?

>>58189591
I took all of it off there like 2 weeks ago lol

gg, spidey senses start tingling sometimes

I thought there might be opportunities for swing trades but there weren't really, none that I could justify

this is not good sirs. i liquidated lots of my shitcoins and went to sleep. and now...

>>58190263
We are so back, tradeogrebros.

Wtf is going on with neroswap? It's been "under maintenance" forever. How do I trade this shit without neroswap? I looked into tradeogre but it seems they require some google botnet pseudo-KYC bullshit...

>>58156610
I'm still on cakewallet on Android. Should I swap to monerujo? Or is cake still acceptable? I don't want to have to back up my seeds again.

>>58156610
>cntrl+f xmr 4 gold
>zero results
Didn't there use to be a p2p exchange of xmr for gold and vice versa? Am I crazy? Did they get shut down? Or am I misremembering?

>>58188416
>index funds are an even worse idea than a volatile cryptocurrency with a community that doesn't give a shit about the price and only cares for its continued function of obfuscation

The absolute state of /biz/

Sorry for giving you actual advice, here, maybe you can just throw the money into a fucking river and then go catch it downstream later whenever you need it?

>>58191309
It just requires 2fa, you can use an open source authenticator too.

>>58191385
My bad guys, I found it.
>monerometals.com
Please disregard my post. Self-sage for being retarded.

>>58188416
Most of us here don't consider xmr to be a moonbagdogpepe-INU. The price of the token doesn't matter to me as much as the network working as intended. That's why I mine on my consumer grade cpu.

>>58191355
Either one is fine for a hot/spending wallet. Cake is more fleshed out and has access to cake pay web. I wouldn't keep my full stack on either.

>>58191436
Thanks

>>58191414
>The price of the token doesn't matter
>as much as the network working as intended
Latest flood attack shows that Monero needs to 100x to withstand government involvement.

>>58191444(checked)
QRD?

>>58191449
See >>58189158 Attacking the network is very cheap right now. The flood has stopped for now, but if the government decides to do the same, it might be able to compromise network security.

>>58191390
I have never used any of this creepy fucking google KYC bullshit. 33yo boomer I guess. Doesn't the authenticator need a phone number? I'm not giving my fucking number to google or tradeogre or any other stupd fucking spyware company.

>>58191523
I mean, if I install the authenticator on my phone, my phone (my identity) is then linked directly to the tradeogre account.... Yes?

>>58191309
I guess they're just out of neros to swap. Given the recent demand due to gambling on the cake wallet addition it seems plausible.

>>58191523
No, it's just a shared cryptographic secret between you and trade ogre that allows you to generate one-time passwords in sync. There is no KYC.
If the program is open source nothing is leaked.

>>58191523
>>58191527
There are many options for authenticator apps out there. Some even open source I believe. You don't have to use Google authenticator. Either way, two-factor authentication is a must and something everyone should use as much as possible. A zoomer using Google authenticator is light years ahead of the boomer using a single password for their accounts. I suggest doing some research on what 2FA is and how it works.

>>58191527
Authenticator receives seed that is later used along the current time to generate the code. There should be no information stored of exchanged with external server.

>>58191309
>>58191523
>>58191527
There's no botnet fucking retard. Next time try looking it up instead of sperging out.
https://en.wikipedia.org/wiki/Time-based_one-time_password

If I send XMR from tradeogre to kraken, will kraken know where the coins came from?

>>58191559
Seems reasonable. Hopefully they're back up and running by the time of the listing @ cake.
>>58191584
I know what 2FA is. Use it on everything that makes sense to use it on, like a bank account. I don't need 2FA for a website that I'll have a couple of hundred dollars on at any given time for the purpose of gambling on shitcoins. I'll look into the possibility of using a non-google authenticator, see if it's possible.
>>58191585
>Should
We're talking about google here homie.

>>58191660
Not unless you tell them. That's the entire point of xmr.

>>58191660
>If I send XMR from tradeogre to kraken, will kraken know where the coins came from?
Not inherently unless they talk. If you have some particular reason you don't want that known, just send it to your own wallet first.

>>58191696
You can use a FOSS app like andOTP or a CLI program on your desktop. It's basically just a hash of a seed phrase+current time.

>>58189143
This is what I do
>buy usdc through kyc
>swap to xmr
>send to personal custodial hot wallet
>send it to my own single use addresses in two or three transactions
I think this successfully obfuscates the KYC USDC exchange.
Please correct me if I am wrong

>>58187273
>>58189158
>>58191444
>>58191468
Fuck. If I understand this correctly then those black marble transactions could be used to de-anonymize any future transactions where the ring is comprised of enough black marbles?
This is bad. What do we do? Fork monero and increase ring size? That wouldn't actually fix the problem I don't think.
I'm sad now. XMR is the last best hope for the original vision or crypto.

>>58187273
>Grim. Even a 10x increase in transaction fees will not make it expensive enough to deter a state-level actor from exploiting this attack vector.
>RingCT is kil.

Monero held up as well as expected, the percentage of (potentially) fully deanonymized spends barely crossed 1% as was predicted.

I wouldn't be surprised if the entity behind this was the same entity that was spamming Mordinals last year to prove a point.

Hopefully this will hasten the move to FCMPs.

Monero community has helped a school in Venezuela so they're going to make a Monerochan mural.

>>58191963
>barely crossed 1%
Well that's good to hear. My fear is that it may have been a scale model test/proof if concept.
If someone with a state actor's level of compute ran an attack I wonder what the percentage de-anonymized would be.

>>58192010
>tfw the internet dark web right wing extremist terrorists were actually the good guys all along
I knew it.

>>58191959
The next hard fork will bump ring size to 128, and they're going to whole chain membership at some point. Monero should never be your entire anonymization strategy if you're doing serious crime. It's possible the underlying tech will be compromised and you won't know for years later while LE is running parallel construction on everyone with shit opsec.

>>58192024
Just increase the ring size until full membership proofs are implemented, fees will rise too when so it will be a more gradual rising of the fee price.

>>58192120
>The next hard fork will bump ring size to 128,
The blockchain will be huge. Most won't be able to store full chain on their drives, leaving them at the mercy of other nodes to select decoys.

>>58191959
>Fuck. If I understand this correctly then those black marble transactions could be used to de-anonymize any future transactions where the ring is comprised of enough black marbles?

Not that dire. The age distribution of decoy outputs used in Monero transactions tends to be left-skewed, meaning that most decoy TXOs are relatively new. The decoy selection algo is somewhat arbitrary but the tendency is to choose newer outputs over older ones, typically within a 36 hour window.

This pattern is consistent with spend analysis on transparent blockchains, which suggests that recently-generated outputs are more likely to be spent than older ones. In other words, the usefulness of this attack is diminishing with every passing second.

When in doubt, just churn a couple of times at random or stick to DEXs, should be a non-issue now that Haveno and Serai are on the horizon.

>>58192157
It only increase transaction size on disk by about 1.5x. If you have a $15 SBC and a $50 1TB SD card hosting your node you're still good for the next decade.

>>58191386
It's pretty much guaranteed you'll be able to get out of Monero at $135 or above several times next year. It's an open question whether you'll get back to break even on SPY in the next 5.

and just like that monero hits 0.001896 BTC

>XMR at $131, flipped by FLOKI INU
this world is upside down

>>58192363
SPY is up 85% in the last 5 years, how has Monero fared?

I have large holdings in both, but SPY is the obvious "follow the herd" play if you don't know where to put money and are uncertain. Better than guessing.

>>58192868
Does anyone have any idea what has caused this recent dump? I don't see any relevant news anywhere.

>>58193118
>how has Monero fared?
145.33% in 5 years.

>>58192209
splooooooooooge

>>58193206
now compare the actual charts and lmk which seems the safest spot to park $20k that you might need at an unknown point in that same time frame.

What I am trying to illustrate is that Monero is volatile and not meant as a savings account or a vehicle for speculation. The genuinely good advice would be to park it in something proven to be consistent, assuming your intent is maintaining value and potentially generating returns.

Why is it dumping so much

>>58193304
Monerochan works in mysterious ways.

There was, what I'm pretty sure was, a FUD thread earlier today saying TradeOgre had rugged/gone under. Thread is gone now, but when I first saw it, I went to to r/Monero and to TradeOgre itself and nothing seemed out of place nor was anyone talking about a Rug or withdrawal issues. Was that thread pure FUD or is there something going on I'm not aware of?

>>58193155
I sold. Sorry.

>>58193304
Trading volume on Kraken for XMR/USDT 10x'd for the last few days. Maybe whales finally migrated there and decided to sell...

>>58193647
I bet it's the europoor, who fear of not being able to cash out due to EU regulation. NGMI europoor

Whats the difference between simple mode and simple mod bootstrap on the desktop wallet?

>>58156610
>is the real vision of bitcoin
>gets its on-ramps rekt
>govs fear it
>value has crashed against BTC
It's not fair.wav

>>58193792
First is often the standard even if later versions are superior. That's just the world we live in. If you want to survive the crypto market prioritize stacking BTC and only use XMR for private transactions. Maybe hold a sui stack or two of XMR for emergencies but that's it. Every other coin is a waste of time.

CHAT: Is CryptoPostage.info still reliable? It was listed on KYCNOT.ME a while back but has since been delisted. Has something happened and it is no longer safe to use or what? The service itself is still accessible but I'm wary something is up with it since it's no longer listed on KYCNOT.ME.

>>58188738
Just go to crypto ATM. There is a fee but no ID checking whatsoever.

>>58188774
Yes I agree with what you're saying but the pic in OP isn't AI.

>>58194035
Depends where you are In the U.S. at least, Crypto ATMs were cucked from the get-go. Requiring KYC (some even fingerprints) for any amount.

>>58188738
I've had major success on LocalMonero/AgoraDesk using the Cash by Mail option. Yes, hella sketchy sending an envelope full of cash to some rando on the internet, and yes, it is slow taking 10+ days sometimes, but I've had 100% success so far. No scams, decent-ish price, and 1000% KYC-free, private, and untraceable.

>>58194060
>some even fingerprints
What... is this real?

>>58194117
Yes, Crypto ATMs in the U.S. have never made any sense. Insane rates AND KYC. The only thing they are arguably good for is to serve as a sort of physical IRL OTC desk since you can trade your physical cash for crypto right then and there.
But yeah, some brands of Crypto ATMs require you to scan your finger prints, most don't, but some do. All of them require you to scan your ID tho.

>>58194391
Funny how even a bank ATM makes more sense than a crypto one.

>>58194117
It's 2024. I'm astonished that governments don't request every citizens DNA and blood sample for their archives. Dystopia is basically a synonym for reality at the current time.

>>58193792
>>value has crashed against BTC

lol as if BTC's price is an accurate reflection of its actual value.

>>58193866
>First is often the standard even if later versions are superior. That's just the world we live in.

Uh, no. There's a reason we're not using 8-tracks, VHS and floppy disks anymore.

Crypto is an anomaly because its a clown show where fundamentals and tech currently don't matter. But that will eventually change.


>If you want to survive the crypto market prioritize stacking BTC and only use XMR for private transactions.

Yes, hoarding a Tether-juiced memecoin nobody actually uses will prove insanely lucrative once sanity returns to the market.

That said, as long as you're spending XMR, stack whatever the fuck else you want lol

>>58193866
>prioritize stacking BTC
Reminder to never ever sell or trade.

>>58194569
>Reminder to never ever sell or trade.

This. Remember the Pizza Guy....you wouldn't want to end up like him, right?

>>58194524
>>58194620
I understand you don't like BTC and I get the criticism of it. I really do. But the fact of the matter is we are in uncharted territory right now. With all the uncertainty over the US economy, the stability of the US dollar, impending CBDCs, money printers, flailing psychotic politicians pushing for more nefarious laws against citizens and so on, I'm more willing to trust my long term wealth in the thing that many of the richest people and institutions in the world are turning to as as well. And don't get me wrong. I love XMR. I wish XMR was the default crypto. But it's not. And if it ever is it will be a loooooong time before that happens. So until then I stack BTC and spend XMR.

>>58194789
>institutions are getting worse
>so I will trust and follow what the institutions are doing and approving

>>58194819
>Trust
No
>Follow
Yes. That's where the money is at. I don't see anything wrong with taking advantage of the current state of things then having a plan fall back on when it will inevitably collapse.

Monerochan - Monero Knight
https://www.youtube.com/watch?v=Wuft2qSVL04

>>58194789
Why is it hodltards are always most vocal when their pet asset is so far off the 200w that they shouldn't even be thinking about it?

>>58156691
>>58157067
>>58157201
>>58157398
>>58157451
>>58157562
Do any of you (OR YOU, LURKING NIGGERS) have a YouTube video I am looking for? The guy talking about Monero started with his credentials (I think it was MIT doctorate in Math blah blah blah). He compared BTC to Monero, and talked about how Monero is private whereas Bitcoin is public. The slides for the video were pretty basic as I recall. He used white background with black text, and maybe orange trim as the header for the slides. It was like a 30-50 min video. Super informative. I can't find it on the world wide web. It used to be posted here during the last bull run. The bounty for finding it is a VERY funny Apu I found surfing the web waves. Thanks in advance, computer frens.

>>58195141
>https://yewtu.be/watch?v=wq6w03E2DS4
Was it this one? Its linked in the OP.

>>58195186
What is "yewtube"? Looks anti-Semitic. Very naughty! Enjoy this picture that makes me piss myself with laughter.

>>58195267
>Pic
Saved. Stay safe out there fren.

>>58194789
>I'm more willing to trust my long term wealth in the thing that many of the richest people and institutions in the world are turning to as as well.

lol this horseshit again. Learn the difference between actual use and earning a commission on every sale to a gullible fool.

BTC ETFs et al = selling pickaxes & shovels to deluded miners during a phony gold rush.


>I wish XMR was the default crypto. But it's not.

lol, see, it actually is out in the real world where fundamentals come first e.g. grey/black markets. When tech matters most, XMR wipes the floor with BTC.

As opposed to this batshit ClownWorld where dogs wearing hats outrank the only goddamn currency that's used.


>I stack BTC

I gotta say, I admire your courage. Knowing full-well how fake, gay and manipulated the BTC price is but continuing to stack? Takes serious balls, respect.


>and spend XMR.

That's all that matters. Only coins with a growing circular economy will survive the coming Cryptopocalypse.

>>58195381
I agree with most of what you're saying but telling people to spend xmr when it is the only viable currency except for pms is a bit shortsighted, it's like telling people to turn in their gold to fdr in 1930s

how about no, I will hold my asset I believe is valuable when we know it is valuable, sell every satoshi of bitshit and go all in xmr

>>58195344
Checked and thanks.

>>58195267

>>58194060
>>58194117
why can't we make our own crypto ATM's with 0 kyc? What's the legality on that?

>>58196708
Because "they" don't like the idea of actual free markets.

I cant sync. just got this wallet new on this machine

>>58194414
>DNA and blood sample
This has been a thing for some time now. If you are hospitalized it's safe to assume your bio data is tied to your identity. I'm not trolling here, it truly is occam's razor.

ITT: Anons coping with their coin not making any gains.

Friendly reminder it doesn't matter what you think about Monero or how good or useful it actually is. Only thing that matters is what market thinks about it.

>>58197234
I literally don't care what xmr pairs as with any currency. You know why? Because it's not an investment, or a speculative asset. It's a medium of exchange for goods and services. Also known as a currency. And it is fungible, unlike BTC. Your copes are cute, but don't apply to xmr. You betrayed your bias in your post. That a crypto must make gains to be useful. That's simply not true.

>>58197311

>>58197519
>The price of XMR has not gone up
>That means XMR is bad
>The price of dogwifhat has gone up
>That means dogwifhat is good
>I buy dogwifhat

>>58194082
Do you write a return address on your mail envelope? Asking for my low-IQ friend.

this is the only sane general on this entire board.aybe only sane thread period, ever

>>58197809
I haven't done cash by mail, so I'm talking a bit out of my ass, but I've thought about this a lot and looked into it. You don't have to put a return address on mail, they'll still try to make sure it reaches its destination. It may not be wise though because it would make the mail stand out, and having cash in it, it could easily be "flagged" and stolen by employees. Your best bet to mask your address is to rent a mailbox from a private mail store (ideally with cash), use an address of someone you know, or just some random address. None of these are perfect, the mail store probably has footage of you, a person you know would have some kind of link to you, and a random address means you probably wouldn't get it back if it can't be delivered for some reason. They're probably enough unless you're already under a microscope. The margin traders are the ones facing more scrutiny from the agents of the state and they don't have good incentives to keep records or deposit cash in the bank.

How many xmr to make it?

>>58198091
xx

>>58198003
My anecdotal experience working for a company that sent out ads in hand addressed envelopes is it makes no difference whether you include a return address or not. They got the same callback rate either way, which implies delivery rate was basically the same.

I imagine there's still a decent volume of unremarkable mail that travels without a return address too.

>>58194082
Sounds like the same thing as ordering drugs online back in the days, only with drugs you could've always claimed no knowledge and the authorities would have no case against you cause there's assumption someone was aiming to do you harm by sending you drugs.

With cash it's a different story.

https://www.youtube.com/watch?v=rv7_aqoIsj8

>>58194921
>the money
*the fiat
Enjoy giant stacks of toilet paper.

>>58197809
Only if you want to give your actual address to the darknet man. You can write an address that's unoccupied where you can retrieve it if it tingles your tism, but letters not being deliverable tends to be rare in 1st world nations.
Don't forget to follow localmoner's guide on how to do it, don't just stick cash in an envelope. Get a mylar bag to stick the cash in (so you can't see it when you hold it up to light and it feels different. Get a large outer envelope, a medium inner one, and a small one you put the cash in. Throw in a page or two of paper too, makes it look more like mailing a document (the large envelope) with a return envelope (the small one). That'd also explain the tracked mail you select, which is fairly rare for normal letters.

If you want to go full autismo, find a way to post it without camera, wear gloves in handling (that means bringing a motorcycle helmet into the post office, explaining the gloves), and ffs, don't lick the envelope get a self-gluing one.

>>58198281
When I sold xmr for cash I just got a envelope with the cash inside, none of that Russian doll stuff. I guess it depends on the average pigmentation of the mailman in your country.

Monero is not private. It's not anonymous. It's not stable. It's not liquid. It's not what you need. It's not what you seek. Monero is a scam. Monero is a hoax. Monero is a waste of time and money.

>>58177521
this anon is right

Is it fiscally worth it to mine Monero? If so I would like a no-bs guide on the hardware to get started.

>>58199495
If the hardware and energy aren't free it's close to donation or charity work.

>>58199518
Thanks. Is mining anything worth it these days?

>>58197202
Do you trust AMDs? Do you trust Tuxedo laptops where ME is supposedly disabled on the Intel CPUs? Is there any safe alternative?

>>58196708
>why can't we make our own crypto ATM's with 0 kyc?
Who do you think *owns* the financial system? Hello.

>>58199495
For my consumer grade 8core cpu it's like 10$/month before electricity. I see it as supporting a network I believe in.

>>58199543
Maybe, but idk.
>>58199682
If you got the monero, there is this power machine with fully open firmware all the way down: https://www.raptorcs.com/TALOSII/

>>58196708
>why can't we make our own crypto ATM's with 0 kyc? What's the legality on that?
https://atm.monero.is/

>>58198281
>explaining the gloves
not sus at all HAHAHAHAHHAHAH

>>58198817
say it with me
g
l
o
w
i
e

>>58182051 #
>>58188738 #
I understand kyc is a problem if you want to cash out your shroom profits but why is it a problem for buying monero? When markets were running using btc buying on kyc exchange meant that you left a papertrail but with monero the trail is gone the moment you withdraw to a cold wallet.Like that's the point of monero and the only thing the gov will know is that you bought monero at some point it wouldnt know what you did with it. If they ask you say idi nahui lol what are they gonna do.

>>58199827
it's only a problem because i don't want the fucking kikes knowing what i do with anything in my life ever

>>58199495
Only if you think the price will go up or have free electricity and spare hardware already. Otherwise the ROI is insane and you might as well use the money in any other way.
Likewise, if you are already speculating on price, you might as well buy coin directly and have a higher return. So either don't mine or do it for monerochan.
>t. spent four digits to do it for free

>>58200024
>>t. spent four digits to do it for free
it's such a shame. Monero mining should be profitable. Otherwise, we won't ever get to 10 GH/s or 100 GH/s hashrates. We will probably even have a reduction in the monero network hashrate, as well.

I really think monero's price appreciation is going to come with its hashrate increase (it's one of the signs of a strong network)

>>58200024
I have free electricity, but no hardware. I'll need a hotspot for internet, so my cost will be hardware + $70/mo.

>>58199707
Considering it's completely legal for feds to issue gag orders, there's no way these aren't backdoored.

>>58199682
Just by doing some thinking you will arrive at conclusion where you have to assume everything is backdoored, and there is no way to make sure you cover all your angles.
>Is there any safe alternative?
Kinda. You can dodge a lot of heat by focusing not on technology, but law. Monero won't help you there tho.

>>58200286
You can even compile all the firmware from source, it's fully FOSS. Personally I'm not that scared of hardware backdoors because they are extremely limited in scope. For example, I think using a separate NIC will make ME pretty useless. Same as tunneling your LAN traffic to your router and dropping all unencrypted packets there. Wireless is more tricky if built in, best to just rip it out if you're paranoid. Just need to be aware they exist and plan accordingly.

>>58200176
The best ROI is the 7950x3d (at least when I ran my numbers, and it has gone up in price since then). Free electricity as well, but not 24/7.
70/mo is already going to kill any setup's profitability short of a giant farm, and if you have that kind of money to throw around you should invest it into something more worthwhile or not be worried about ROI.
Given the dissonance between worrying about it being "fiscally worth it" and the required readiness to spend your usecase either eludes me or you didn't even get started on your research.
You can use any of the various hashrate calculators (though they usually spit out zephyr values instead of xmr; zephyr is/was a way better $ per time; even then the picture was still bleak) to see what kind of hashrate it would take to break even with free electricity while beating 70$ a month. Then see how long that would need to pay off the hardware. Then contemplate how much the price needs to improve to make you consider yourself lucky. Then realize that kind of price increase would have made you rich if you just invested the money into xmr right now. Then look at monerochan and find inner peace.
All that to say, it's not worth it from a purely fiscal perspective (and that perspective is cringe).

As an aside, I don't see why you would need a dedicated hotspot in that price range, does mining need that kind of bandwidth or are you doing this somewhere on mars?

>>58200091
> is going to come with its hashrate increase (it's one of the signs of a strong network)
Maybe. Do consider that some fags are mining zeph only to immediately exchange for xmr. Those people would definitely choose to secure the network in a tangible sense if there was reason to, and are basically on stand-by.

>>58199827
>the only thing the gov will know is that you bought monero at some point it wouldnt know what you did with it. If they ask you say idi nahui lol what are they gonna do.
and then they audit you and you cant prove anything so all your cost basis is 0 and you pay tax on everything.

>>58197175
i still cant sync, anyone got tips for me?

>>58197175
Does this only happen with monerod? Because usually when I see memory reference errors that's a problem with the Windows install breaking itself. Try running
sfc /scannow in Powershell.
Also try
DISM /Online /Cleanup-Image /RestoreHealth in powershell.
When googling your problem I also ran across a monerod high reported memory usage problem, but that seemed to stem from some malicious network nodes. Try updating your ban list.txt

>>58200024
I do it for her.

>>58200660
I dont know how to do any of that. It ended up fully syncing when I tried again. Then after a minute it gave the same error.

>>58197175
This could be bad ram, try memcheck.

>>58201043
>pic
B..based.

>>58200995
Here
>in desktop search bar type Powershell
>run
>copy one of the strings I listed in post above into command line
>hit enter
>wait for it to run

>>58200091
>it's such a shame. Monero mining should be profitable.
It is.

>I really think monero's price appreciation is going to come with its hashrate increase (it's one of the signs of a strong network)
You've got it backwards.

>>58199495
If you have to buy the hardware it's not worth it. Whether what you already have is profitable is for you to calculate or experiment.

i made a drawing of monero chan

>>58194405
The bank ATM already has your information. Governments would ban cash if they could.

>>58196708
In the US you will get charged with running an unlicensed money transmission business which is a major federal crime because feds are lazy shits and can't actually solve most cases anymore without a money trail.

It's over. We have lost.
>IRS has won
>Fed has won
>EU has won
>Jews have won
>Brits have won

>>58201318
Cute.

It's a shame this thread isn't allowed in /g/ because it's clear that this boards native posters are overwhelmingly retarded which destroys any real discussion

>>58201472
to be fair this happens most places monero is discussed. maybe there's real discussion on matrix or somewhere with more friction to keep out the pond scum

>>58200418
Thanks for the reply. I'm looking at 10x 3060tis and I can get them for ~200 each, power supply, mobo, PSUs, etc for a total 2100.
>You can use any of the various hashrate calculators
I have for the above. Looks like ~7/mo w/ NiceHash. One year to pay off the hardware w/ 24/7 uptime.

>As an aside, I don't see why you would need a dedicated hotspot in that price range
The free electricity is not at my house, and it will need a hotspot.

>>58201472
>It's a shame this thread isn't allowed in /g/
/biz/ is literally a containment board for /g/

>>58201142
It wont let me, got the following messages
>You must be an administrator running a console session in order to use the sfc utility.
>Elevated permissions are required to run DISM. Use an elevated command prompt to complete these tasks.

>>58201638
>urban gorilla minefare

>>58201050
Say what you will, it's the lowest temperature one can achieve.

>>58201638
>GPUs
Look into mining something else with that, GPUs are hilariously inefficient for randomX/monero. If you want the payout to be in xmr you can use something like monero ocean to mine an appropriate currency

Basically what I said wont necessarily apply because I exclusively mine CPU. I think there are frames for mining rigs available though that can fit a shitload of cards at once, NiceHash are cunts because they don't outright tell you which currency they are assuming you mine when converting that to USD

>The free electricity is not at my house, and it will need a hotspot.
I figure, but that price is outlandishly high when any old phone with a flatrate and tethering would be enough - though I am not 100% on how much bandwidth mining needs exactly I can't imagine it justifying that pricetag per month.

>>58201723
Old phones also come with a password lock and less manufacturer backdoors!

>>58201640
This. All the newfags crying about "muh crypto on a business board" are missing the joke.

NEW THREAD: >>58201824
>NEW THREAD: >>58201824
NEW THREAD: >>58201824
>NEW THREAD: >>58201824
NEW THREAD: >>58201824
>NEW THREAD: >>58201824

>>58201702
Sorry, I forgot to add run powershell as admin

>>58201638
Defrauding the local government I see :)

>>58201729
>Look into mining something else with that
ah right i forgot i was in the XMR thread

>I figure, but that price is outlandishly high when any old phone with a flatrate and tethering would be enough
Where are you going to get a phone you can tether with if $70 is outlandishly high? I pay 60/mo right now for my phone and adding another line will be an additional 60+tax (plus i have to buy the hotspot/phone)

>>58201778
kek, oldfag knows what's up