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Showing 20 of 21 results by magico
This is the first weekend in 3 or 4 that monero hasn't bubbled up.
This weekend is not over yet)
Hash rate closing in on 40 million.
So it's only CPU and GPU mining right now. How many months/years until ASICs?
I always read it was "Asic-resistant", however IDK what that really means. I mean, couldn't someone develop an ASIC for cryptonote? Is anyone trying?
If I recall correctly from old video (or audio) with Fluffypony it is possible to make an ASIC for CN. Please correct me if I wrong.
What it is is that ASICs don't have a big advantage over GPUs and GPUs don't have a big advantage over CPUs. When the price gets high enough the small advantage might make it financially feasible to design and manufacture ASICs. I certainly don't have the knowledge to analyze this.
Yes. But I think that ASIC will be a bit cheaper than GPU rig (as GPU rig slightly cheaper than CPU. I mean KH per $).
I would hope so. It's really expensive and probably a loss to even try and build a new GPU rig for cryptonote right now, right?
Not really. I don't know how about now (my couple of rigs are from 2014) but rig profitability mostly depends on electricity costs.
Higher hashrate means higher difficulty means lower XMR profit but with high hashrate we gain high security and therefore higher XMR value. So only electricity cost matters.
Hash rate closing in on 40 million.
So it's only CPU and GPU mining right now. How many months/years until ASICs?
I always read it was "Asic-resistant", however IDK what that really means. I mean, couldn't someone develop an ASIC for cryptonote? Is anyone trying?
If I recall correctly from old video (or audio) with Fluffypony it is possible to make an ASIC for CN. Please correct me if I wrong.
What it is is that ASICs don't have a big advantage over GPUs and GPUs don't have a big advantage over CPUs. When the price gets high enough the small advantage might make it financially feasible to design and manufacture ASICs. I certainly don't have the knowledge to analyze this.
Yes. But I think that ASIC will be a bit cheaper than GPU rig (as GPU rig slightly cheaper than CPU. I mean KH per $).
Hash rate closing in on 40 million.
Astounding. Everyone switching from ETH to XMR?
It seems to be true. But we need couple or several days to proove it (IMO).
Hash rate closing in on 40 million.
So it's only CPU and GPU mining right now. How many months/years until ASICs?
I always read it was "Asic-resistant", however IDK what that really means. I mean, couldn't someone develop an ASIC for cryptonote? Is anyone trying?
If I recall correctly from old video (or audio) with Fluffypony it is possible to make an ASIC for CN. Please correct me if I wrong.
Hash rate closing in on 40 million.
So it's only CPU and GPU mining right now. How many months/years until ASICs?
As I have said a couple times there is a breed of miner associated with Monero who is not particularly interested in the Monero Network itself. They are interested in using as many computers as possible to make as many Monero as possible as fast as possible and then to sell the majority of those also as quickly as possible.
Monero has always had a certain percentage of this breed of miner. The only thing different now is there is more incentive for these sweethearts to help "secure our Network".
Monero has always had a certain percentage of this breed of miner. The only thing different now is there is more incentive for these sweethearts to help "secure our Network".
Current network rate 31.32MH/s. Highest I can recall seeing. Good times.
Right now net hash @ 34.01 MH/s
I just flipped some coins out at 85 before it jumped up again never to go back.
I think I understand better the way people went with bitcoins. Its all lessons.
I think I understand better the way people went with bitcoins. Its all lessons.
Component of my USD-equivalent gains from trading over 2 years: ~1.7x
Component from doing absolutely nothing: ~30x
If I'd missed even one of the sudden steep rises that constitute that 30x, it would easily wipe out more than the entirety of that 1.7x.
Just don't even log in to the exchange.
I've lost 12% of my XMR. So no more "trades")
...and the good news just continues to roll down the pike. Article after article. Things are looking good for the moment.
And 240 active nodes. I *think* that's the highest I've seen. Goes with the current 26MH/s nicely.
I noticed it was up around 245 earlier today. Did not see any additional activity in China though.
Total nodes is at 416 currently:
https://monerohash.com/nodes-distribution.html
It was up at 455 about 6:30am EST. Lots more activity in China and Asia even New Zealand got a node up and rolling. I think the price has gotten some attention in China LOL. The more nodes the better.
And 2 or 3 of them in a middle of Pacific Ocean. Cool!
You can fund a visa card with Monero, make SEPA payments from Monero.
Via XMR-BTC-USD(or somesthing)? Or there are the ways that I and others don't know about?
https://www.bitwa.la/
You can fund a visa card with Monero, make SEPA payments from Monero.
Via XMR-BTC-USD(or somesthing)? Or there are the ways that I and others don't know about?
Buying @0.0143 
I must be crazy 
I must be crazy Don't sell in case of huge correction/crash in september. It's longterm investment.
I've bought some @0.003-@0.004 in 2015-03... And then it's crashed. Not sold.
And I'm happy now
rise will continue without longer pullback, only flashcrashes
I bet on this option ^^
80% IMO
Because of this:
According to Roger Ver, Bloomberg is writing an article on Monero today:
https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29070
Could be another big day for Monero.
https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29070
Could be another big day for Monero.
and this:
Did it just hit 10$? 
Edit: Nah, maybe a tiny bit less.
Edit: Nah, maybe a tiny bit less.
According to https://www.tradingview.com/chart/?symbol=XMRBTC*BTCUSD
it was $9.83 max
Simple question and yes, I have looked around.
Can I make a paper wallet (generated offline) and then recover it using MyMonero? Or just use the spend keys without a wallet?
I am on Mac and cannot use simple wallet, bitmonerod etc - I can't do terminal / command line stuff either.
I have tested sending a couple of XMR to an offline paper wallet and sure - it works, but just found I have no way of getting it back. I have all keys - but need to make a wallet to recover to - and I just can't.
Pointers appreciated as I really need to get my XMR offline and safe in as cold a storage method as poss. Apologies for being an idiot - but I cannot code and have never owned a PC...
Don't laugh and I know I shoudl look elsewhere, but I have spent hours and cannot find a simple solution (for me).
Can I make a paper wallet (generated offline) and then recover it using MyMonero? Or just use the spend keys without a wallet?
I am on Mac and cannot use simple wallet, bitmonerod etc - I can't do terminal / command line stuff either.
I have tested sending a couple of XMR to an offline paper wallet and sure - it works, but just found I have no way of getting it back. I have all keys - but need to make a wallet to recover to - and I just can't.
Pointers appreciated as I really need to get my XMR offline and safe in as cold a storage method as poss. Apologies for being an idiot - but I cannot code and have never owned a PC...
Don't laugh and I know I shoudl look elsewhere, but I have spent hours and cannot find a simple solution (for me).
This is the best and safest way: https://getmonero.org/knowledge-base/user-guides/Offline_Backup
Good Morning ! What happened here ?? Still haven't brushed my teeth, I probably should not haha
It looks like https://youtu.be/OnoNITE-CLc?t=1m33s
I think this great song is about margin trading
https://www.youtube.com/watch?v=vf6jBP4YXwo
68 or 62?
https://www.youtube.com/watch?v=vf6jBP4YXwo
68 or 62?
From my understanding, it is to allow people with lots of dust amounts to "sweep_dust" (sweep_dust is transfer 0 to your own wallet) without incurring *huge* fees that would come with a larger mixin.
edit: by huge fees i mean fees that exceed the sum of the dust amount being sent
edit: by huge fees i mean fees that exceed the sum of the dust amount being sent
In my case 0.9.3 offers me sweeping of 0.2737* dust for a total fee of 0.2