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28961002 No.28961002 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

OFFICIAL WEBSITE - https://web.getmonero.org

WHERE TO GET MONERO?

>KYC:
Binance
Kraken

>Non KYC:
Local Monero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Futures
Poloniex

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.28961071

250 ooooooo

>> No.28961076

>>28958140
sent.
You can use the check feature of the gui/cli wallet to verify:
Transaction ID: d2229f8c33d755eba42142fbebcc0eefdff51b855f26edd45a26b0a688ec349b

Recipient: 49ad4FKPj1JPymbkDnqaniVtqUTg2qPrT3iXhPVXBTdRVYthfkZcGwr3QM9mzSychrTosUAwhbHnFE8WyEHmkfWuRDn9rfp

Signature: OutProofV2AL67QuE8VAocGN7aa19VzWBzBCpt5MLtqPQ6TurGzQKKWUTb2sYB4MBV6w6JqHHqWwFkWTCeyJKT3E3yT3JDNjE9DyqDPzhXfobf34vekFnD3VDRTMdauVyy6YkVEeUiGena

Sender: 82tEHmPpr84dDA4L2p1vndMjrxro9ntxGEys9PARg5WDbELvcH8NpDTCpCEMqNa4PgKCvZiuLhpc7KDQu1d7Tp6tF4Nim4K

>> No.28961287

0xMonero my dear sirs

>> No.28961404
File: 77 KB, 1242x315, 714826B5-32C2-4C87-B08A-673BCB48BD07.jpg [View same] [iqdb] [saucenao] [google]
28961404

I GIVE MY LIFE
NOT FOR HONOR, BUT FOR YOU
IN MY TIME THERE'LL BE NO ONE ELSE
CRIME, IT'S THE WAY I FLY TO YOU!
I'M STILL IN A DREAM, SNAKE EATER!

>> No.28961559
File: 349 KB, 1684x1067, 1609872336600.jpg [View same] [iqdb] [saucenao] [google]
28961559

>>28961002
This anon forgot the XMR REDPILL but there's no problem, here are the videos from Dr. Daniel Kim:

Monero Means Money: Cryptocurrency 101:
https://youtu.be/8quGD9W7B2I

Monero: Sound Money, Safe Mode:
https://youtu.be/aC9Uu5BUxII

Behavioral Finance, Cryptocurrency Markets:
https://youtu.be/REC5V7d3pqM

>> No.28962207 [DELETED] 

>>28961076
Send me some too plz 46HVQbPNo8oFmtrPakNVYL9zt5enxq2qBUsS4uhVy9EYMsyLqZebvqdPsxKhGWGyG4ZesbZ4Uhin24ESKLCDnxy7RcTt86M

>> No.28962323

>>28962207
Show proofs you are trying to mine. This is not a charity thread.

>> No.28962363

Man this shit is pretty easy to mine even on mid range 8 cores.

>> No.28962385

>>28961076
Not that anon, but you may have to resync your wallet. Set the refresh block height to 0 through the monero wallet CLI

>> No.28962392

>>28961559
my fav crypto redpill: https://www.youtube.com/watch?v=W-Y_F3PS4JE

The video is basic, yet still very important. Monero is never explicitly mentioned, but always meant. It's not about the price, but what crypto means for humanity. If ypu're in a rush, this is the most important part: https://youtu.be/W-Y_F3PS4JE?t=1217

>> No.28962448

>>28961559
While I like Dr Kim's "Monero: sound money, safe mode". I dislike his other videos as they seem a bit patronizing in assuming the audience has absolutely 0 knowledge about the topics at hand.

Sure they are great for the normalfag new to finance or technology. But we're the Monero community. You don't have to explain the absolute basics of technology.

That's like explaining what a command line interface is to linux users.

>> No.28962457

>>28962363
what pool you using?

>> No.28962587

>>28962457
Use moneroocean. It's officially recommended by getmonero.org as the most private option. The fees are also 0.0% so the pool takes no cut from you.

https://www.getmonero.org/resources/user-guides/mine-to-pool.html

Scroll down to "Going further" at the bottom of the page where they recommend you mining in the MoneroOcean pool.

>> No.28962677

>>28962587
thanks anon. I'm already mining eth at 120MH/s but I might as well use my 24core cpu to mine monero. My eth is gonna turn into monero weekly anywho, but I might as well support the monero network by running a node & mining.

>> No.28962829

>>28962457
I just got setup on
https://moneroocean.stream/

I used their script to get it set up, I am sure there is room to improve but my 3700x is doing 9KH/s

>> No.28962844

>>28962677
That's exactly what I am doing. Using my RTX3060ti to mine ETH and the spare cycles of my CPU to mine Monero. Then sell the ETH for Monero.

>> No.28962890

Is mining reasonable with a Laptop?

>> No.28962932
File: 141 KB, 891x597, 45740A14-51C9-4451-880F-CDCA95362FC9.jpg [View same] [iqdb] [saucenao] [google]
28962932

I SWUNG
GO BACK DOWN PLEASE

>> No.28962963
File: 15 KB, 474x270, 55534715-9124-4626-AD07-A649A9253AF2.jpg [View same] [iqdb] [saucenao] [google]
28962963

Do not contribute to this failing ponzi. 0xMonero is Riccardo Spagni’s true vision.

>erc20 compatible
>private
>actually deflationary
>built in games

>> No.28963035
File: 82 KB, 750x936, tedcruzmonster.jpg [View same] [iqdb] [saucenao] [google]
28963035

>>28962829
nice. I've got a deamon that watches XMRrig for contributions and automatically pulls & removes the donation using sed & then compiles :^)

fuck paying dev fees. 1% of monero mined might be 1k per coin if monero goes where I expect it to go

>> No.28963068

>>28962890
I think is going to melt down

>> No.28963193

>>28962963
>erc20
ngmi

>> No.28963233

>>28963068
I guess mining isn't for me then. I don't have a desktop and don't really need one, so I probably better just buy XMR directly.

>> No.28963252

>>28961002
>borderless
Does that mean nigger monero can get into my monero wallet with my native white monero?

>> No.28963532

>>28962932
Rope nao. Repent and buy in.

>> No.28963568

>>28963035
Never heard of baked in contributions in xmrig before. You can usually just change the config file and replace it with your own wallet.

Am I missing something here or?

>> No.28963814

>>28962932
You can't time this irrational market. The best you can do is know which projects have long-term potential and then just slowly accumulate in those projects over time.

I also recommend not going all-in into anything so that you can leverage moons in different projects the balance out your gains over different projects. For your own sake you should slowly put more into Monero for your retirement. Other projects are for speculation and grabbing quick moon funds.

>> No.28963891

>>28963252
Yeah honestly "borderless" should be replaced with "fungible" all crypto is borderless.

>> No.28964020
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28964020

>>28961002
based monero chad

>> No.28964123

>>28962392
I agree. Incredible presentation! He's so close to become a Monero shill...

>> No.28964167

I was raised Monerist by my father, but my mother leaned a little to heterodox UASF Satoshiism. They would discuss quite a lot about the time before the Fall and how the only proper economic system was a deflationary one. They held to the old ideas about the sins of fiat currency and would never stop talking about how life was better under decentralization. Personally, I believe that agorism is a sounder system because it makes more sense to have a monetary pluralism, but I recognize that altcoin revivalism has made life more complicated. In my early teens I went through a tokenism phase, but I got burned too many times by the older speculators. I did read The Wisdom of Satoshi as a kid, but I find it hard to believe that one man brought down the system of the Ancients, I mean it sounds to me like they were on course to destroy everything anyway. And my father told me that for the first hundred years there were purer visions that got crowded out by the hardliner Satoshiism, so the truth is probably lost to history, assuming that there is any truth to life at all.

>> No.28964297

>>28962963
Cause the legit project has a ripped off logo from the scam right? KYS

>> No.28964477
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28964477

>tfw missed it at $120

>> No.28964902

>>28964477
You're missing it at $250 right now as well.

>> No.28965083
File: 10 KB, 491x326, portfolio.png [View same] [iqdb] [saucenao] [google]
28965083

>>28961404
Make it 100%

>> No.28965225

Anyone else riding the wave with lev. longs and shorts?
I have a huge bag of monero and I believe in it but this is actually like clockwork right now, easies peak/dip pattern of my life

>> No.28965249

>>28961559
>This anon forgot the XMR REDPILL but there's no problem, here are the videos from Dr. Daniel Kim:
Youtube censor me on his latest livestream, i rewatch his stream and chat msg got deleted

>> No.28965284

>>28965083
I have a little stack of an ERC20 gambling game token that I simply cannot sell because gas fees, the instant I can either gamble it away or sell it without getting molested, I’m gonna.

>> No.28965353

>>28965249
>Youtube censor me on his latest livestream, i rewatch his stream and chat msg got deleted
what did you write into the livestream?

>> No.28965566

>price goes up
>buy
>price immediately dumps
>buy more
>price dumps further
>get sad and angry but know it'll be OK
>price goes up again
>sad I didn't buy more
Dammit can this coin consolidate for a week so I have a clue as to what to do??? I didn't get enough

>> No.28965593

>>28965566
just always buy

>> No.28965776

>>28965566
dollar cost average over the next 5-10 years and you'll be okay.

>> No.28965958
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28965958

>>28963568
The minimum is hard coded in. Let this be a reminder for other anons; read the actual source code of the software that you are running in the crypto space. The exploitation vector is simply too high to not protect yourself.

https://github.com/xmrig/xmrig/blob/4e671a945d52c5a803fa0e19436c7c58e8ac59c7/src/donate.h#L43-L48

Glad I could help at least

>> No.28966008
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28966008

>> No.28966074 [DELETED] 
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28966074

>>28962323
Sure thing anon

>> No.28966173

>>28965353
>Youtube censor me on his latest livestream, i rewatch his stream and chat msg got deleted
That aml regulations blocked xmr in my country

>> No.28966395

>>28965958
Damn. Thank you man immediately changing and recompiling xmrig right now. This is why I love the monero community.

>> No.28966534

>>28966173
>my country
what shithole country do you live in?

>> No.28966570

>>28965566
>>price goes up
>>buy
i did this last week pump lmao sad.jpg now today why i dident i buy more

>> No.28966684
File: 475 KB, 945x745, hodl.png [View same] [iqdb] [saucenao] [google]
28966684

>>28966395
np anon, remember to never pay devs
t. software dev

>> No.28966735

>>28966534
Netherlands

>> No.28966800

>>28964477
>he doesn't know

120 is a steal, so is 250

>> No.28966881
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28966881

dip when sirs

>> No.28966978
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28966978

>>28966881

It will dip

From $549 to $513

>> No.28967023
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28967023

>>28966881

>> No.28967055

>>28966735
huh, thought you guys were progressive, with all your loose regulations around drugs.

>> No.28967184
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28967184

>>28966978
>>28967023

>> No.28967230
File: 98 KB, 769x1285, 1602139228755.jpg [View same] [iqdb] [saucenao] [google]
28967230

>>28966074
txId: 3566f46f85e01071da50ca5784c591158a27b93763a040bda0abb4193073da4a

>> No.28967235
File: 278 KB, 2048x1536, newGUTS.jpg [View same] [iqdb] [saucenao] [google]
28967235

post the machines that you're mining on bros

>> No.28967512

Hey bros, when's a good time to buy some Monero? I noticed it just jumped quite a bit, so I'm wondering if it's better to hold off.

>> No.28967615

>>28965284
i coinfes i have some btc aswel im mining true nicehash, and theta tokens aswel but not to gamble, im kinda it geek and love stuff like siacoin etc tested it its crap, theta seems to be working imo

>> No.28967663

>>28967512
My friend sold to me at 200 cause he was finally done holding his bags from the last crash and I thought i was buying from him as a favor. It immediately went to 250

Honestly, don't even try to time it. Just think about how much money you'd be willing to lose, and buy monero. Timing is a loser's game

>> No.28967788

>>28962963
>>28961287
You have been awarded Five(5) Rupees for this post.

>> No.28967979

>>28967512
>Hey bros, when's a good time to buy some Monero? I noticed it just jumped quite a bit, so I'm wondering if it's better to hold off.
monero jumping is not jumping to fair value. please understand this. look at historical CMC. monero FAIR VALUE, TODAY is a top-10 coin. period. it is field-tested, been around the block, launched before pajeets etc.
we are CORRECTING upwards. the MOON begins at 4-figures.
Do not sell your freedom for peanuts.
"Do not give dogs what is holy; do not throw your pearls before swine. If you do, they may trample them under their feet, and then turn and tear you to pieces." Matthew 7:6

>> No.28968074
File: 2.12 MB, 4032x3024, rigs.jpg [View same] [iqdb] [saucenao] [google]
28968074

>>28967235

>> No.28968120

>>28968074
holy shit dude that's insane, nice

>> No.28968123
File: 7 KB, 236x236, 1613509083153s.jpg [View same] [iqdb] [saucenao] [google]
28968123

>>28967979
with that being said, don't buy the top or buy it and don't look at the ticker for the next 24 hours

>> No.28968230

>>28968074
How does a normal fag like me get started with this shit.

>> No.28968812

>>28968230
Depends what u want to mine AMD vegas where very good at mining old monero algo, now its cpu only and you want amd ryzens

>> No.28968908

>>28961076
Got it. Thank you anon. The initial 0.02 is not showing up still but maybe there was just an error made by the sender. Either way it seems to be working now. Thanks again.

>> No.28968978

>>28968812
thnx homie. Is it possible to live exclusively from mining income? like having a giant ass mining farm?

>> No.28969022

>>28968908
> ITT anon receives 2 million dollars in 2030 price

>> No.28969025
File: 45 KB, 463x662, 1603733992484.png [View same] [iqdb] [saucenao] [google]
28969025

>>28966173
>Blocked XMR in my country
>>28967055
>Progressive

What's confunsing anon? That seems to check out

>> No.28969077

>>28967055
if you only knew how bad things really are

>> No.28969146

>>28969022
That's why I am so hung up on the missing 0.02. I am confident that that will be thousands of dollars in due time.

>> No.28969508

Such a comfy thread.
My make it stack of [an unknown amount] looms beautiful right now.

>> No.28969658

Here is some hopium

https://youtu.be/SGxk3oLeQJo

>> No.28969799
File: 158 KB, 1200x800, 74732431435898875.jpg [View same] [iqdb] [saucenao] [google]
28969799

>>28969022
Kek, everyone will hear the story of anons getting millions of dollars over 4chan in 2050

>> No.28970546

Ok ex exchange has their wallet
Down for maintenance... was trying to send to my own wallet ASAP. Should I be concerned. Really don’t want to have to convert back to btc to send somewhere else and then convert again to xmr

>> No.28971404

>>28969077
Enlighten me neighbor. You surely have seen the \ger\ threads, it's quite a shitshow here too.

>> No.28971414

Bump

>> No.28972285
File: 338 KB, 670x600, 99A2AF74-AFD7-470C-A6E8-0FC393D2638A.png [View same] [iqdb] [saucenao] [google]
28972285

>$256

>> No.28972479
File: 46 KB, 128x128, MoneroChanGif.gif [View same] [iqdb] [saucenao] [google]
28972479

>tfw no big bagged XMR gf

>> No.28972870

>>28968978
My rigs here generates avarage 1k a month at 300 electricity bill, It requires some investment, you mine the coins cheaper but need to sell them to get income while holding is better imo, coins i mined half year ago that 1k month x4

>> No.28972927
File: 2.19 MB, 388x218, 1613105063527.gif [View same] [iqdb] [saucenao] [google]
28972927

>>28972285

>> No.28973796
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28973796

>>28961002
Is Binance a trustworthy exchange? I'm on Coinbase Pro but I'm tired of getting cucked by their ridiculous fees and it doesn't have XMR. A lot of FUD circulated here some time ago. Is it safe to just buy some XMR and move them to cold storage?

>> No.28974041

>>28973796
it's absolutely not a trustworthy exchange, but, since we are buying xmr here, I'd say use it like a hooker, quick in and out

>> No.28974147

Hey monerochads, xmr is my largest hold and the only one I really care about. I have some LTC and was curious what you guys thought about it. Is it worth holding some of that in my portfolio?

>> No.28974175

>>28961002
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.28974188

seriously why isn't monero worth more than bitcoin? was bitcoin a honeytrap all along?

>> No.28974204

>>28973796
Binance is alright if you’re not storing anything on it. Don’t trust CZ and his goons with your funds, they will NOT be safu

>> No.28974219
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28974219

>>28971404
Idk even know where to start our older generation complete fucked us over eg cant buy house have to work longer for pension, more taxes, immigration, this lockdown

>> No.28974264
File: 498 KB, 1082x695, 1610505806644.png [View same] [iqdb] [saucenao] [google]
28974264

>>28973796
Yeah Binance is the best.

>> No.28974298

>>28974147
If you have enough LTC to buy a BTC with it, do that instead. If you don't you might as well hold it I guess? I have a few random coins in my portfolio that I just hodl bc why not

>> No.28974383

>>28961002
Bro’s I’m getting priced out. Fuuuuuuuuckkkk.
Atomic swaps when

>> No.28974401

>>28973796
Not your keys not your coins, ordered myself a ledger last week as soon as its here my coins move out of binance

>> No.28974405

>>28973796
binance is fine, just dont hodl on there

>> No.28974418

>>28974298
Yeah no point in holding litecoin over Bitcoin.
Or swap your litecoin into Monero.

>> No.28974470

>>28974383
>not aping 50% of your folio into XMR back when it was $50
ngmi

>> No.28974481

>>28965566
It's easy man,
If you buy little and it rises you did not buy enough
If you buy a lot and it drops you bought to much
All you have to do is wait to see if you made the right decision

>> No.28974574

>>28974147
The most important thing is that you’re comfortable with your holdings, LTC WILL perform well this cycle (already is) so it’s not like your folio is going to lose value.

I’ve often thought of it like a non-private version of XMR, or just a faster BTC. It does what it says on the tin.

>> No.28974715

>>28974219
>pension
yeah, I'm not hoping to get any useful amount of pension either. They've started to tax the payout of the pension already and it will only get worse from here.
Seemy like you guys have pretty much the same shit as we do

>> No.28974829

>>28962890
nope (short answer)
you could still do it, but you would need an extra fan and keep monitoring its temperature to avoid damaging it,
and you would still mine a miserable amount in comparison to a subpar desktop
I tried it and will never recommend it

>> No.28974832

Monero is mainly used to pay for cp.

>> No.28974941

>>28974832
and?

>> No.28974979

>>28974832
Speaking from experience?

>> No.28974999
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28974999

>>28974041
>>28974204
>>28974264
>>28974401
>>28974405
Thanks for your opinion frens

I also noticed Bitfinex disappeared from the sticky of this thread. Why is that? And do you also have some thoughts on Kraken? Is it preferable (I'm a europoor for context) over Binance to just buy XMR and get out?

Sorry, I'm new to buying crypto. I've only mined XMR with XMRig so far. I just want to pick people's brains out because I'm going to be putting a large chunk of what I own in XMR.

>> No.28975067

>>28969025
Not confused, when the started to delist i bought more )

>> No.28975212

>>28974832
Cash is mostly used to pay for cp and drugs. Nothing is more anonymous than cash. They don't ban fiat, now do they? I'll take my benefits of cash with my benefits of crypto, thank you

>> No.28975269

>>28974999
>And do you also have some thoughts on Kraken?
checked

kraken is fine, they regulary donate to the monero general ccs and the founder/ceo ist quite fond of monero

>> No.28975284
File: 83 KB, 752x767, 1592609591212.jpg [View same] [iqdb] [saucenao] [google]
28975284

>TFW only accumulated 15 XMR so far :(


Couple questions for you /biz/raelis if you'd be so kind as to spoonfeed me.

I installed XMR-Stak. It would appear that GPU has been removed or something because my load is at basically zero. Is there an added benefit to use a program that uses the GPU? I feel like this is probably a stupid question. I have a Sapphire Vega64 I feel like it's kinda going to waste.

1300 H/s is good right? or is that the total of the pool I'm in?

I have 4 other computers with decent CPUs and GPUs ranging from decent to really good. If I wanted to mine them do I just download Stak on each computer and include the same wallet address, or is there an "official" way of combining their power?

How long should it take on average to download the blockchain, and would it be useful to bootstrap my other PCs to my blockchain if I ever use them?

Pls answer some of my questions pls TY

>> No.28975294

>>28961002
is that a horizontal asymptote or a vertical asymptote to zero?

>> No.28975372
File: 32 KB, 450x600, O1g850s.jpg [View same] [iqdb] [saucenao] [google]
28975372

>>28974999
i bought XMR on kraken and got out. didn't use fiat so no proper verification. fees are fine, use kraken pro.

>> No.28975394

>>28975284
>is that a horizontal asymptote or a vertical asymptote to zero?
anon its [unknown amount]

>> No.28975501
File: 483 KB, 2048x2048, C7BEB91A-F908-48D1-8D6F-F666F4901966.png [View same] [iqdb] [saucenao] [google]
28975501

>>28975372
That hat will never be clean again

>> No.28975754
File: 578 KB, 895x856, 1613593321176.png [View same] [iqdb] [saucenao] [google]
28975754

260 SOON

>> No.28975795

>>28975372
>>28975269
Thanks chads. Seems like Kraken is getting my business then. I'm very bullish but of course I'll be DCA'ing. Might as well do that on a platform ran by competent people.

>> No.28975840
File: 84 KB, 1200x675, chain.jpg [View same] [iqdb] [saucenao] [google]
28975840

>>28975754
soon? you mean now?

>> No.28976090

based token please eliminate ripple

>> No.28976106

I am SEETHING that i sold my stack a week ago to gamble on shitcoins
never felt more bogged

>> No.28976111

>>28974832
We dont care lol
Monero is used for ( insert illegal thing here ) comunity so, The wil ban it so is drugs

>> No.28976169
File: 108 KB, 284x284, AA659921-2B02-4031-B2BD-8232470A0457.png [View same] [iqdb] [saucenao] [google]
28976169

>>28975840
GIVE HIM YOUR POWER OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

GO, SMINEM, GO!!!

>> No.28976211

Miners I need your help. So I recompiled XMRig after removing the insidious 1% hidden donation that >>28965958 told me of.

However now it seems like it only mines at 50% of my CPU. In the past it would have my CPU at a constant 100% stress but it stays at 50% right now. Some inquiry around on the internet shows it has to do with my L3 cache only being 8MB. However in the past it utilized all threads. Is this an improvement or did I mess up something?

I'll let it running overnight to see if it has any long-term effect on the hash rate but I'm still curious what my fellow miners know.

>> No.28976213

>>28976106
You fucking retard, XMR is the most shorted crypto. You're lucky we haven't begun mooning yet. Jump back in ASAP and hodl this time.

>> No.28976215

>>28976106
He fell for the “this piece of shit never pumps” FUD

>> No.28976308

>>28976106
Thank you for selling me your bags

>> No.28976338

>>28976211
it's built in to mess with your hashrate if you remove the donation. Just keep the donation % in it should be fine, it's also not "insidious" it's part of network maintenance for large-scale crypto networks.

Although personally I'm mining XHV right now

>> No.28976544

>>28976338
>it's built in to mess with your hashrate if you remove the donation.
You're trolling right

>> No.28976625
File: 704 KB, 1080x1693, 20210218_070205.jpg [View same] [iqdb] [saucenao] [google]
28976625

>> No.28976693

>>28974298
>>28974418
BTC seems so high in comparison to LTC, if "alt season" takes off then it would be a shame if I traded now when LTC is well below its ATH.

>>28974574
seems like a decent hold compared to others since it is an OG alt coin. I have about 2x as much XMR as LTC, which seems like a lot of LTC... thinking about swapping for xmr

>> No.28976798

>>28976544
I recompiled as well with the 1% removed and it is putting 100% load on the 3700x. 9KH/s now

>> No.28976964
File: 154 KB, 557x595, 1613044134850.jpg [View same] [iqdb] [saucenao] [google]
28976964

Tfw 26 XMRlet

>> No.28976968

>>28976338
Gay pajeet

>> No.28976970

>>28976798
are you on windows? i was getting 8.8KH/s on the same CPU. Never tried it on windows though

>> No.28977181

>>28976970
Yes, Windows 10. I do have 32GB of RAM at 3800Mhz CL16 with a stable 1900Mhz fclk.

>> No.28977237

>>28976970
should be 3% higher on linux due to 1GB pages. Maybe you were throttling due to ineffective cooling.

>> No.28977258

what’s causing this pump anyway?

>> No.28977334
File: 10 KB, 259x194, 7047EB71-21E8-4D79-B444-1C0F2068ACD0.jpg [View same] [iqdb] [saucenao] [google]
28977334

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

>> No.28977337

i recently started mining on my old laptop through GUI wallet, it says 1 in 5000 a day chance of finding block, should i even keep it on??

>> No.28977354

>mfw XMR general is top thread of /biz
we're gonna make it brothers

>> No.28977448

>>28977258
Organic growth.

Nah it's pumping with bitcoin like anything else. I will say that monero market cap is like 25% of where it should be. This is a value hold.

>> No.28977477

>>28977337
If you can see yourself still being alive in the next 5000 days

>> No.28977564

$260

God fucking damnit my funds don't land until tonight and I wanted to buy two days ago REEEEEEEEEEEEEEEEE

>> No.28977579
File: 31 KB, 399x306, txns.png [View same] [iqdb] [saucenao] [google]
28977579

>>28977258

6% the txn volume of bitcoin and yet market prices it at ~0.5% bitcoin. extremely undervalued

>> No.28977605

>>28977237
my cooling was absolute shit, getting up to over 90C, i'm switching up some parts on my machine to fix that

>>28976798
are you undervolting at all? i heard these cpus run hot and need to usually undervolt

>> No.28977623

Monebros,
I plan to DCA every week (like sub 100), to add to the [small amount] of XMR I already have.
I'm on Binance, so I need to buy BTC (or BNB/ETH) that I then convert into XMR.
Should I just go all in XMR or keep some of the BTC as well?

>> No.28977642

>>28977258
It's an irrational market so who knows. Only thing you need to know is that XMR will win out in the long run.

Run a local node and Mine locally on a smaller pool to help out

>> No.28977645

>>28977564
>>28977579
Holy shit, what's the source of that data?

>> No.28977680

TWO SIXTY OOOOOOOOOOOOO

>> No.28977696

>>28977337
if you want consistent but small payouts then join a mining pool. also please find a smaller mining pool so hashing power doesn't stay concentrated in the top pools

>> No.28977698

>>28977258
correcting upwards, the ratio is still in the below the ~0.006 previous support. So imagine when we actually start pumping.

>> No.28977725

>>28977564
Fundus are safu

>> No.28977808

>>28977564
Should have bought some from your local drug dealer instead

>> No.28977839

whats the min suicide stack guys ?

>> No.28977895

>>28977623
i ask the same question myself. no one really knows. personally i'm heavier on the monero side. i think btc is a solid and safe hold though, especially in the near term

>> No.28977898

>>28976964
Ygmi just don’t sell

>> No.28977904

>>28977645
If you have both the bitcoin blockchain and monero blockchain you can compare the amount of transactions and make charts like that yourself.

I confirm that it's real and Monero is #4 in amount of transactions. (Behind BTC,ETH and BNB).

It's #1 in actual purchases being made online (admittedly due to dark web, but still)

>> No.28977971

>>28977605
I don't have any voltage offset set, never goes above 78c. That is with a Noctua NH-U12A and 20c abient.

>> No.28977981
File: 506 KB, 828x1281, 1561442360412.jpg [View same] [iqdb] [saucenao] [google]
28977981

I made 10 different Monero FUD threads 2 weeks ago and haven't sold a single one from my stack of [unknown amount]

>> No.28977989

>>28977623
Never go all-in

>> No.28978002

>>28962392
>The video is basic, yet still very important.
Also true believe in freedom for the ppl fuck banks see bitcoin genesis block, but you realy need a untraceable chain or get all this tracing aml kys bs

>> No.28978028

>>28977839
why do people call it suicide stack? is this in reference to people memeing about roping themself when their coin gains a lot of value?

>> No.28978035

>>28977623
Potential for making money with BTC gets harder and harder each day
$50,000 gets normies excited, but the way I see it, the only way to double your money is if it goes it $100,000
Meanwhile Monero is sitting at $260 right now, and to double your money it only needs to go to $520.
We've already seen it tack on 50 dollars in value yesterday dip, so the future is bright bros

>> No.28978196

>>28977989

This.

I basically split Monero equally with Bitcoin and Ethereum. Anyone who tries to convince you to go all in is selling you snake oil.

>> No.28978275

>>28978028
oh, just saw an image in another thread... think i get it

>> No.28978320

>>28977989
I’m all in on Monero. It’s undervalued as fuck and it’s a great project.
Down the line I will swap for bitcoin and ethereum but we have major gains to be made still.

>> No.28978322

>>28977904
I need to dust off my coding skills. That's very cool, thank you.
>dark web
How do we meme monero into more online retail space? Btc doesn't make sense as a conduit for small online purchases.

>> No.28978329

>>28978028
the amount the you need to hold so you dont commit suicide when you check the price in a few years

>> No.28978474

>>28978322
We don't have to meme it's already starting to happen organically.

>> No.28978620
File: 401 KB, 1000x731, mtg_giselabladeofgoldnight.jpg [View same] [iqdb] [saucenao] [google]
28978620

WILL MONERO CHANGE HUMANITY AND BRING TRUE ANARCHO CAPITALISM??????

I mean who the fuck will know who you are and where you were and who you are paying when you pay at the supermarket from your phone using monero or just rpeviously converting it to normiecoin anonimously????

PROVE ME WRONG!

>> No.28978833

>>28978620
cash already exists anon

>> No.28978895

For high iq anons in last thread about monero offshore

>>28972406
>a) Would you agree that BTC is increasingly becoming a store of value?

I'd agree with this, however I don't think big players are ever going to use btc as a bank account. So maybe store of value isn't the right term, but maybe a hedge commodity is more fitting. Like a more volatile gold perhaps. I'm sure any wealthy entity buying bitcoin is only doing so to either hedge or take on risk in their portfolios by some small %. These wealthy entities wouldn't trade their offshore bank accounts for this kind of "store of value" other than allocating a small % as a private hedge or crypto risk exposure.

>c) If (if) BTC with time becomes annoying to hold because of coin taint/history, what do you think would be the next best store of value among existing solutions?

I think this is a great point, monero can definitely fill that niche. BTC may be used as collateral into the future, maybe to secure loans or for fractional banking, much like gold and other commodities are used today. I can see xmr filling a niche for those wanting collateral off the books. But for the most part transparency and public assets will be favoured in these situations. I think they'll both have their place. My point still stands that the wealthy won't be trading their offshore account for monero. If there were cryptonote stablecoins/assets with the same ring ct and bulletproof tech as monero, then I think that would have potential to capture a major portion offshore wealth.


>>28972523
>It will gain value from being a good means of private exchange.

I agree with this.


>>28973307
>crypto won't be this volatile forever

Probably true. But I don't think offshore wealth will be trading their obfuscated bank accounts for monero. The wealthy are very happy with guaranteed <2%/year. If there were such a thing as monero style synthetic assets or monero treasuries, that would be what captures offshore wealth.

>> No.28978914
File: 180 KB, 1334x645, Screen Shot 2021-02-17 at 3.59.03 PM.png [View same] [iqdb] [saucenao] [google]
28978914

Mining an unknown amount of XMR with my AMD Ryzen 3900 CPU. It's not much but it's honest work.

>> No.28978927

>>28978833
Yeah, and it’s value is fucking shit if you hold it.

>> No.28978939

>>28978620
No. But it's a good development in the sphere of truly anonymous funds

>> No.28979113

>>28977642
We're going to make it anon.

Godspeed everyone. Hodl and don't you dare sell before 2024.

>> No.28979201

>>28978833

government can print infinite of it fag

>> No.28979372

>>28977642
>>28979113
running a local node here
comfy af
we're all gonna make it

>> No.28979493
File: 183 KB, 295x262, Landian Acc.png [View same] [iqdb] [saucenao] [google]
28979493

>>28979372
Does running a node give you any direct benefits, or does it simply increase the performance of the overall network?

>> No.28979674

>>28979113
>sell before 2024.
I'll still be accumulating in 2024. I'm mining and dollar cost averaging for the next 5-10 years.

>> No.28979761

>>28979493
The 2nd. Mining gives you some reward but I do both.

>> No.28979790

>>28979493
lets you see your balance without relying on external nodes which could log your ip

>> No.28979886

>>28979790
>> MUH IP MUH IP.

fucking faggot lmao.

>> No.28979898

>>28979790
>>28979761
based XMR bros
>>28979493
support the network my brother

>> No.28979972

>>28979201
kinda like tether kek

>> No.28980045

>>28979886
your nose is showing bro

>> No.28980222
File: 6 KB, 209x249, 1613229636733s.jpg [View same] [iqdb] [saucenao] [google]
28980222

Tell me anons why I've choosed fucked up centralized Hedera instead of Basesd coin ever, knowing that Monero is fucking the best?

>> No.28980263

>>28979886
Leave the thread. Monero isn't for you.

>> No.28980283

>>28978895
you're right that it won't capture all offshore wealth but it could easily capture a small amount, maybe 1-2%, which would still be huge. Crypto could be a hedge against some of the risks associated with storing wealth in an offshore account, like a regime change making your account inaccessible. It would also offer higher potential returns. Also, don't forget that the wealthy elite in 10+ years will be much more tech savvy and open to crypto than they are now.

>> No.28980368

>>28980222
I'm sorry for your loss anon
there's still time
cut your losses
DCA into XMR

>> No.28980463
File: 320 KB, 1440x900, 1482330679581622692.jpg [View same] [iqdb] [saucenao] [google]
28980463

anons on monero threads are always kind and helpfull, so i will ask, what is the best (for you) portfolio tracker of your crypto

>> No.28980540
File: 18 KB, 225x225, images[1].jpg [View same] [iqdb] [saucenao] [google]
28980540

>>28975394
>Oooooooo

>> No.28980587

>>28980463
indeed they are
I see blockfolio as the most used one

>> No.28980599

>>28975284
GPU mining is not worth the time or power, mine ETH with GPUs if you want to.
1.300H/s is pretty low, like 5$ per month without costs. Recent AMD cpus are the best to mine Monero.

You should join a pool to start.
No need to download the chain on each machine, the pool will give you your job.
https://monero.org/services/mining-pools/

Downloading the blockchain and running your own node is good for the network, and best for privacy. Takes about 100GB and 1-4 days depending on your disk and network.
You should be able to copy&paste the chain file (MDB) between PCs.

>> No.28980648

>>28980463
coinstats

>> No.28980874
File: 192 KB, 656x555, 1ccfdbe4695c5038ae7d2a2452d69d9201e3507ddb68b58b76104676ec0b1583.png [View same] [iqdb] [saucenao] [google]
28980874

>I only get 2300 H/s
That's it I am ordering a 3600

>> No.28981080

>>28978914
right on bro. i wanna do that soon.

>> No.28981197

>>28980463
I'm using Delta.

>> No.28981502

>>28980463
a spreadsheet lol

>> No.28981556

>>28965566
>>price goes up
>>buy
Never change /biz/

>> No.28981583

>>28980283
Most tax heavens aren't like Liberia, though I doubt Jersey or Liechtenstein will have a violent coup in the near future. To be honest with you one of the reasons XMR is so appealing to me is because it's value is more than supposedly hedging against doomsday.

>> No.28981681

>>28981502
>spreadsheet
but this inst track a price of crypto

>> No.28981736

>>28978914
How much XMR are you making with that 9 KH/s hourly? I'm thinking of getting a Ryzen rig.

>> No.28981776
File: 850 KB, 700x933, 1592334958347.png [View same] [iqdb] [saucenao] [google]
28981776

>>28980599
To clarify: "Pretty low" for solo ventures I perfectly understand, but are you saying even slow for pools?

I'm doing this mainly because I see a possibility for this to retroactively be worth a couple thousand if this really takes off, which I think is a foregone conclusion.

I'm squirreling away 90% of my disposable income in here, I'm a believer.
https://youtu.be/aC9Uu5BUxII
vid related

>> No.28981903

>>28981681
You can do some scripting on spreadsheets to get prices on load

>> No.28982069

>>28981776
Not him but I think your presently making a loss of around 50% with that kind of hash rate. Given the current undervaluedness of XMR I think it will be retroactively totally worth it, but you're going to be better off just buying.

>> No.28982082

>>28981776
What he means is that 1300h/s is probably going to swallow up more $ in power than it generates in XMR so you're better off just buying.

If it's your only option or if you want to help the network then sure it's good and XMR=XMR it will still appreciate in the future.

>> No.28982312

>>28982069
Yeah, if only I had infinite fiat at hand.

>> No.28982497

>>28982312
honestly, I have a ton of money just lying around but I can't just throw it at crypto. I know it's going to go up long term, but I'm much more comfortable mining to gain some of it. I end up putting most of my money into equity based ETFs in specialized tax advantage accounts with my real money, and only buy crypto from friends when they want out (get them to buy monero then buy that from them)

>> No.28982532

>>28982082
I think it's also worthwile to look up if you have different eletricity prices at night or in weekends. I'm in Belgium and if I mine with a similar 1.5 KH/s at night I break even.

>> No.28982575

>>28979972
Shhhh lmao

>> No.28982729

>>28982312
Well, then don't mine and use the money you save on your electricity bill to buy more XMR?

>> No.28982856

>>28981736
Honestly, mining is just to support the network. The problem with mining is it's a slow game. Only do it if you have the CPU lying around and cheap electricity.
It's more profitable just to buy the coin because you can hold on to the coin as it appreciates in value.

>> No.28982984

>>28982497
Having a diversified portfolio is always adviced.

>> No.28983014

>>28982856
Usually that's a sign that the coin itself is undervalued. But you're right, buying might be smarter for most people trying to get in.

>> No.28983082

XMR hodler since 2015 here.
I'm moving some of my BTC to XMR tbqh.
Just look at the XMR/BTC graph. It's actually still very cheap.

>> No.28983093

>>28982856
I'm not really wondering whether it's a good ROI. I'm just wondering how XMR/hour mined scales with KH/s, honestly.

>> No.28983099
File: 5 KB, 415x85, file.png [View same] [iqdb] [saucenao] [google]
28983099

kek, we #18 now. Lets fucking gooooo

>> No.28983117

We need a Photoshop anon to create a

"WHAT THE FUCK IS THAT PEPE" for MONERO

>> No.28983173

107 Moneroj enough to make it?

>> No.28983258

>>28983099
we still got a huge pile of dog shit to cross to get to the top

>> No.28983292
File: 1.23 MB, 2960x2124, PDRM.jpg [View same] [iqdb] [saucenao] [google]
28983292

>>28983173
shit 20 is enough to make it if you play your cards right

>> No.28983479

>>28983014
It takes 6 months to mine 1 XMR with a single AMD Ryzen 3900. So not really worth it. I'm only doing it because it's my gaming rig.

>> No.28983535
File: 33 KB, 800x800, kf6eahozw2f61.jpg [View same] [iqdb] [saucenao] [google]
28983535

>>28976964
>Tfw 26 XMRlet

Assuming Monero makes its $40K projection by decade's end, 26 XMR would be worth $1 million and change.

>> No.28983563

>>28983479
yeah same here, just mining with my CPU because why not, ryzen 5900 12k h/s

>> No.28983783

>>28983479
To be fair that 1 XMR might be a thousand $ next month. Point is you should base it on future pricing potential, not current valuation.

>> No.28983830
File: 15 KB, 290x174, file.png [View same] [iqdb] [saucenao] [google]
28983830

>>28983783
>might
try will

>> No.28983894

>people stating their exact amounts
Don't. People have been jailed for that in 2017. Your IP is public on 4chan. It WILL be linked to you.

>> No.28984080

>>28983894
>jailed
as if

>> No.28984276
File: 61 KB, 400x518, 1613585898202.jpg [View same] [iqdb] [saucenao] [google]
28984276

>>28983093
Look at my screencap.
I'm getting 0.0056 XMR a day.
Divide that my 24 for the hourly rate.

1 / 0.0056 = 178 days to mine 1 XMR.

Shit the more I do the math the more I realized how undervalued XMR is. I've been mining at a lost.

>> No.28984394
File: 477 KB, 659x626, 1612463681920.jpg [View same] [iqdb] [saucenao] [google]
28984394

Price in a year bros?

Need explanations why as well if you wouldn't mind.

>> No.28984492

>>28984394
there might be a big crash, no one knows, just buy monthly so it will average out

>> No.28984549

>>28961559
I don't like sharing links to google services

>> No.28984575

>>28984394
20X from $420 this cycle. That's $8,400.

Bitcoin 20X it's last all time high in the 2017 bull market.

>> No.28984583
File: 126 KB, 991x695, 1612733670983.jpg [View same] [iqdb] [saucenao] [google]
28984583

>265.01

>> No.28984608

>>28984394
No one knows, it's an irrational market. Only thing we know for sure is that Monero has the best positioning for long-term growth.

>> No.28984680

>>28984394
Why are you even thinking of selling before 2024?

>> No.28984682

I just bought some monero frens. Not too much but I thought I'd share

>> No.28984849

>>28968074

>keeping them on the plate...

wtf retard

>> No.28984870

>>28973796
Every exchange is "safe" that is allowed to issue debit cards. Visa is very strict about that and they take responsibility for your funds if you hold it on your card.

>> No.28984904

>>28984849
IF IT BRINGS FOOD TO THE TABLE IT DESERVES A FUCKING PLATE

>> No.28984949

>>28984276
Seems like a pretty good yield to me

I've been trying to find a cloud service on which I could mine profitably (people have tried and failed in the past). I'm pretty sure it can't be done but if I find one I'll definitely let you guys know.

>>28984682
Welcome, buddy! You're a monerochad now

>> No.28984954
File: 168 KB, 800x1140, 800px-Giorgia_Meloni_2018.jpg [View same] [iqdb] [saucenao] [google]
28984954

>>28984575
Fair. I assume you mean it going from ~$1000 to ~$16000.

The same pattern would have BTC going from roughly ~$10000 to 200k this time around. Which we are 1/4 the way through and might hit this summer if this looks like past bullruns.

Here's my thing: alts in general but really XMR specifically, how closely do they follow Bitcoin's patterns?
Also, why do people expect this bullrun to be 15-20x? I know, historical patterns show this to happen every 3-4 years. But why do they happen?

>>28984680
Who said anything about selling? I just want to understand this market better.

>> No.28985070

>>28984949
>I've been trying to find a cloud service on which I could mine profitably
Can't be done.

>> No.28985071
File: 245 KB, 320x320, 1610133884428.gif [View same] [iqdb] [saucenao] [google]
28985071

>>28984954
Look at the log chart. We're going to 40k as soon as this breaks 400.

>> No.28985101

>>28983258
xmr remains crazy undervalued due to ludicrous volume of fud and lack of a coinbase onramp

even just reverting to historical trends vs. btc it should 3-4x (ignoring any upside from the fact that it is the only crypto to actually replace btc in a market)

it also should easily flip a legacy project like ltc
>technical superiority
>plebbit community faster growing, more active
>clear use case
extrapolating from that it should easily 3x marketcap to $750 per

>> No.28985216

I have missed BTC besides having hold quite a few in 2012. Living from welfare and put most of my savings in XMR. I will hold these 11 Moneros for a few years and hopefully make my first gains..

>> No.28985265
File: 34 KB, 982x317, resim_2021-02-18_012533.png [View same] [iqdb] [saucenao] [google]
28985265

Bros this chart scares me why does these spikes happen?

>> No.28985277

Virtually ZERO fees because of bulletproofs. Rapid transfers and Anonymous. It's a shame the market is pegged to bitcoin otherwise this would be much higher in price. The price doesn't reflect it's value at all but I'm hoping the price will go up one day to reflect this.

>> No.28985300

>>28985071
Looking at the log chart, I can easily see 1k. 10k is a bit of a stretch but again purely from the log chart I can see it. Idk about 40k though.

>> No.28985350

>>28985216
Don't make the mistake I made and not continuously DCA. Even if its half 1 XMR per month, I'm hoping it will pay 100 fold in a few years.

>> No.28985447

>>28985300
The last time the xmr/usd log chart broke it's previous ATH it 100x'd. This doesn't indicate future returns but it's my price target and I'm comfortable with it.

>> No.28985449

Anyone know whether there's something like BlockFI that's trustworthy and supports XMR?

>> No.28985460
File: 218 KB, 808x1024, 1613000288835.jpg [View same] [iqdb] [saucenao] [google]
28985460

>>28985277
You're still an early adopter. Crack a cold one, relax and watch the fomo when the inevitable inevitably happens. The price fluctuations don't mean jack shit now, but they bring very good exposure to the project

>> No.28985513

>>28984954
>alts in general but really XMR specifically, how closely do they follow Bitcoin's patterns?
>alts in general
They don't.
>XMR specifically
Eerily similar to the point that you will think it's photoshopped/fake. I personally don't believe XMR is going to take the exact pattern Bitcoin had. But I can't refute the fact that so far it has had a overlapping factor of over 90%. Is that going to continue in the future? Probably not but if it does I'm sure some economist is going to write a paper about it and win a nobel price.

>The same pattern would have BTC going from roughly ~$10000 to 200k this time around
First bullrun was 200x last ATH the 2nd was 20x last ath and this one is already past 2x last ATH.

Monero had its first bullrun last time and it was 200x last ATH. If it follows BTCs trajectory it means 20x last ATH which would be $8000.

But this is all unfound pattern recognition. There's no magic in the numbers. At the end of the day it's people buying XMR that makes the price go up, nothing else.

>> No.28985518
File: 2.28 MB, 3264x1836, 20210217_152634.jpg [View same] [iqdb] [saucenao] [google]
28985518

>>28967235
Rig 1, 3900x cranked up to 4.2, getting about 14KHs

>> No.28985517

>>28985265
>xmr/btc doesn't slip
>btc/usd someone does a BIG BUYED
>xmr/usd, thru a=b=c; a=c property, sharply goes up with btc

>> No.28985592
File: 43 KB, 723x377, monero gold-silver converted coin.jpg [View same] [iqdb] [saucenao] [google]
28985592

>>28961002
Sounds cool. I found this picture of the Monero coin in gold and silver. That is pretty dope, it is actually backed by real useful commodities. How do you claim the gold/silver monero coin when you want to cash out? Can they deliver it to you after you sell it or something?

>> No.28985603
File: 75 KB, 983x535, xmr-is-insane.png [View same] [iqdb] [saucenao] [google]
28985603

>>28984394
>Price in a year bros?
>
>Need explanations why as well if you wouldn't mind.

Don't worry so much about next year's price, just kick back and relax safe in the knowledge that the inevitability of black markets, tax evasion and money laundering will drive XMR to Mars in due time.

They don't call Monero the comfiest hold in crypto for nothing.

>> No.28985606
File: 2.03 MB, 3264x1836, 20210217_152622.jpg [View same] [iqdb] [saucenao] [google]
28985606

>>28985518

>> No.28985612

>>28976211
lmaooooo
>he doesn't use the arch linux AUR alternative with donations set to 0

>> No.28985687

>>28985606
1700 only doing about 2-3KHs
both rigs are decent but planning on clustering some older system

>> No.28985717

>>28985350
Yeah that's extremely smart. You shouldn't look at total pricing but at growth potential when DCAing. People get emotional and think "I already missed out on (arbitrary valuation) so I might as well not buy in at all". Or they think "I can't buy a whole one so I won't buy". This irrational behavior makes people lose a lot of potential gains.

>> No.28985742

Boys, we are all going to get so motherfucking rich. It brings a tear to my eye just thinking about it.

>> No.28985908

>>28985592
>gold and silver
My grandparents sometimes tell me stories about those, they still have a coin of each just for sentimental value.

>> No.28986117

Any guides on putting together a mining rig for XMR? This looks like the coolest hobby/side business to set up. I want to get more into the crypto space but without drawing the ire of the ATO

>> No.28986150

>>28985908
gold and silver are in electronics lol - how have you never heard of them?
Also can you pls tell me how to convert the monero coin into the gold/silver version?? that is amazing

>> No.28986160

>>28985742
This. I'm so ridiculously bullish it hurts

>> No.28986170

>>28985717
Going to screenshot this and keep it in my diary.

Thanks anon. God speed for the future.

>> No.28986314
File: 68 KB, 668x712, just.jpg [View same] [iqdb] [saucenao] [google]
28986314

>fell for KYC meme because low fees and thought it would be instantaneous to transfer to XMR
>being forced to hold LTC until its all available for transfer
>XMR keeps rising and rising.
>I bought when LTC was higher than XMR, hoping for at least a 5 XMR
>now ill probably be 3 XMR

>> No.28986358

>>28986117
>basic
Aim for ryzen, focus on cache size, get the best memory clock speed you can, 3200MHz is ideal
>minmax autismo
Run linux, compile kernel with '-mtune=znver2', build XMRig with the same flag, optimize kernel config for memory performance, OC as hard as you can

>> No.28986528

>>28984394
No one knows. But let me put it this way. If XMR ever went below $200 again I'd liquidate a good portion of my personal possessions to buy the dip.

>> No.28986535

>>28986117
>get an AMD Ryzen
>install arch linux
>install xmring from AUR with donations set to 0
>setup ur xmrig to connect to pools in https://minexmr.com/miningguide
>???
>prophet

>> No.28986614

>>28983082
Waiting for atomic swap or just trading?

>> No.28986661

>>28986150
>gold and silver are in electronics
less than the yearly inflation is used in manufacturing from gold. No wonder it's been going down, there's no point for it to be valued above 1% of it's current market cap after crypto replaces it as the main hedge asset.

It's performance over the last 6 months has been an abomination, you'd have lost money if you bought it.
USD actually beat it... imagine.... THE U.S DOLLAR BEAT IT. BAHHAHAHHAHHAHAHHA

>> No.28986710

if I had a chance to change something I would like to shoot this nibbas who shilled here this trash
have already lost 2000$ for their scam bot
who this fucker that made this fucking retarded algorithms
seems like it is better to wait for full-ecosystem open for Bot Ocean and their solutions
my purse is crying

>> No.28986739

>>28986614
Long-term holding tbqh. My portfolio used to be balanced between BTC, XMR and LTC but now it's out of whack.
and I think BTC is overvalued, while XMR is undervalued, considering its usefulness as a privacy coin
Black markets will never go away

>> No.28986878

>>28986150
You could always register an anon btc address and just buy with btc..

idk anything about monero.. looking into it though.

>> No.28986919
File: 1.02 MB, 896x1490, 1612999954537.jpg [View same] [iqdb] [saucenao] [google]
28986919

Are the SideShift fees low enough to do LTC>XMR regularly with very low sums without losing tons of money? ($10-$20)

>> No.28986918

>>28986739
I mean what's the best way to move from BTC to Monero.

Sell the BTC and buy XMR?
Trade the pair?
Or wait for atomic swap?

>> No.28986926

>>28986661
bro im confused, why are you buying monero if you dont like gold/silver? you can convert monero into a gold and silver coin.

>> No.28987087

>>28986535
An AMD Ryzen is $200, I wonder if that's profitable compared to just using that money to buy XMR

>> No.28987144

>>28986918
Trade the pair on Binance XMR/BTC
I wasn't aware that atomic swaps are coming to XMR-BTC to be honest
Is it even feasible?

>> No.28987154

>>28986926
>why are you buying monero if you dont like gold/silver?
Because gold and silver have no intrinsic value and are cumbersome physical items, whereas Monero is a virtual currency that is widely used on dark markets (=high demand).

>> No.28987265

>>28986919
Honestly, if you aren't buying via binance or kraken (trading fiat or btc) then just bite the bullet. The fees won't really matter when you see your investment goes up.

>> No.28987365
File: 17 KB, 225x225, 1611149866343.jpg [View same] [iqdb] [saucenao] [google]
28987365

>>28978620
Yes.

>> No.28987405

>>28987154
But the monero coin can be turned into the gold/silver monero coin....? im confused.

gold and silver is used in everyday things and its scarce, that obviously has 'intrinsic' value. its bulky, sure, but fortunately you can convert the monero coin into gold/silver like this so you get the best of both worlds;
>>28985592

>> No.28987472

>>28987144
>Is it even feasible?
Apparently it's coming soon.

Just imagine how whales escaping taxes into Monero will affect the price of XMR.

>> No.28987529

>>28987405
>But the monero coin can be turned into the gold/silver monero coin....?
Yeah and monero can be turned into a car, what's your point?

>> No.28987547

>>28987154
>no intrinsic value
this is the most smoothbrained take i've seen in a monero thread this week

>> No.28987578
File: 321 KB, 556x1315, 8498572943.jpg [View same] [iqdb] [saucenao] [google]
28987578

>>28987144
>I wasn't aware that atomic swaps are coming to XMR-BTC to be honest
>Is it even feasible?

https://localmonero.co/knowledge/monero-atomic-swaps

>> No.28987598

Speaking of whales

If peeps make it big, what country are you moving to? I sure as fuck don't want to deal with US bullshit

>> No.28987631

>>28968074
fuck atleast build them a stand with a fan or something

>> No.28987675

>>28985592
>>28986150
Precious Metals are okay and I always encourage a diversified portfolio to everyone. However Precious Metals have an unknown future because they can be attacked from four angles.

Firstly cheap oil, more automation and better drilling techniques could raise the inflation of gold and silver from the 2% a year it is right now to about 5% a year very soon.

Secondly the main purpose of investing in Precious Metals as safeguards against inflation might fall out of favor due to cryptocurrency taking its spot. Causing the valuation to drop.

Third in the medium term astroid mining might wipe out the valuation of a lot of PMs. If you're in your 30s or younger this means holding PMs for retirement might not be worth it due to this medium term risk.

Last but not least the long-term risk of transmutation from cheap energy sources like fusion power will make it trivial to turn lead and mercury into gold and will plummet the price. This means you can't use PMs to let your children inherit wealth as it won't be relevant to your kids anymore.

I personally do hold PMs. But only as a short term investment and cash alternative.

A healthy portfolio includes Stocks, crypto, bonds, PMs, Cash and if you have a certain amount Real estate and Art/collectibles to fully isolate yourself from financial risks.

>> No.28987746

>>28986314
What's transfer?

>> No.28987762

>>28987529
???? no it can't, look at the picture->>>>28985592

it's excellent that this coin is backed by real money, so it can be used as a store of value.

>> No.28987778
File: 250 KB, 1079x790, as expected of country grown vegetables.jpg [View same] [iqdb] [saucenao] [google]
28987778

>>28967235
>>28968074

>> No.28987860

>>28986314
>be using changenow on CakeWallet
>decide to sell my BTC for XMR
>set lowest txn fee to maximize XMR yield
>network was congested
>txn got stuck for 2 days
>XMR pumps hard as fuck
>by the time my trade goes through I am fucked out of 15%

It hurts

>> No.28987869

>>28987675
mining asteroids?? transmuting lead into gold? wow.... is the gold price like $1,000,000 already? I didn't know that.

>> No.28987893

>>28977696
What's "small"? Anything out of the top few?

>> No.28988064

>>28985070
unless you already have rigs, buying is just cheaper

>> No.28988252

I'm trying to find a way to invest my XMR and get some kind of returns from it.

Is it possible to lend it and see some returns?
Investing in a mining pool somehow?

>> No.28988259
File: 162 KB, 1080x1046, Screenshot_20210218_000544.jpg [View same] [iqdb] [saucenao] [google]
28988259

What the fuck
Based blockfolio bug telling me the "high" target price in real time

>> No.28988279

I spent literally almost 80 dollars in fees switching 250 dollars to monero some weeks ago, due to being retarded and drunk when doing this ( normally i would have paid at least 25-35, which is still horrible ). Due to this new price rise i almost made up the loss in Monero token worth i hold ( only use for me is buying drugs on the DNMs ). However switching it back to BTC or something else and then back to exchange would could me at least maybe 20-30 dollars more. Monero is a great coin but buying and selling it is pure cancer. I will just HOLD it for a while, and occassionaly maybe buy some meth with it. Every possible solution i read of ( Cake wallet/ Morphtoken ) costs me and arm an a fucking leg to get or sell this token. If they figure this shit out it might be a top-tier cryptocurrency, so far it's a pain in the ass

>> No.28988308

>>28987675

>> No.28988314

>>28987860
>try to save 15c
>cost 15%

based changenow and stingypilled

>> No.28988418
File: 5 KB, 231x218, index.png [View same] [iqdb] [saucenao] [google]
28988418

>>28988279
imagine being this retarded

>> No.28988423

>>28988252
Don't. It's a haven of scams out there. Especially for XMR which can be easily stolen as it's fully private and untraceable. Why take the risk.

I honestly think you're better off just selling some XMR and putting it in speculative coins that might moon. You'll have a higher chance of actually seeing a return that way.

>> No.28988445

>>28987675
>Last but not least the long-term risk of transmutation from cheap energy sources like fusion power will make it trivial to turn lead and mercury into gold and will plummet the price. This means you can't use PMs to let your children inherit wealth as it won't be relevant to your kids anymore.
Transmutation is a meme idea but the general sentiment is right. Like shale oil, there are stores of PMs that are not currently profitable to exploit, like gold in ocean water, but will be if PM value shoots up. As a result, PMs (like oil) have natural negative feedback mechanisms in their price.

>> No.28988562

>>28988252
coinloan.io is quite reputable, regulated under eu licenses

>> No.28988799

>>28988314
It’s like getting the belt from the universe itself.

>> No.28989041

>>28988252
Coinloan and nexo seem pretty reputable

>> No.28989106

>>28989041
>>28988562
>>28988423
Thanks. I'm going to just sit on my stack right now but also watch this stuff and hopefully it matures.

>> No.28989155

>>28989041
nexo doesn't support XMR

>> No.28989352

>>28988418
I admit i am quite stupid, but i was also drunk and high on meth
t. lowlife

>> No.28989735
File: 59 KB, 655x527, 1464055747869.jpg [View same] [iqdb] [saucenao] [google]
28989735

>>28961002
Hi Monerobros, I tried mining on my Thinkpad just to get a feel for it as my pitiful hashrate was going to give me $14/year. I used xmr-stak-rx, my question is, where is the blockchain downloaded to? I want to delete it because I have no more space lmao

>> No.28989830

Why do some people call Monero a token? I see this happening more and more recently.

>> No.28989831

>>28989735
Miners don't download anything besides the mining software. Only nodes store the blockchain locally.

>> No.28990009
File: 97 KB, 1267x785, 1535348228526.png [View same] [iqdb] [saucenao] [google]
28990009

>>28989831
Damn, I think I have bigger problems then

>> No.28990040
File: 167 KB, 1629x1266, long ways.png [View same] [iqdb] [saucenao] [google]
28990040

We have such long ways to go xmrbros

>> No.28990142

>>28990040
That's a good thing

>> No.28990147

>>28990040
~1500 xmr sell wall ay 5108 sats