00:05:38 Hi 00:06:38 Some people say it is not worth it to mine with one desktop or laptop anymore, is it true? 00:06:53 I mean if you join a pool? 00:08:53 It depends. You'll get about the same amount of monero on average, but either tiny bits every so often with pool, or whole block at once if you mine solo. 00:09:31 Due to the law of small numbers (or whatever it's called), the average *really* means average. It'll have huge variance. 00:09:55 law of large numbers iirc 00:09:59 But desktops or laptops are not obviously out, it all depends on the actual machine. 00:10:48 If you mine solo, you'll probably want to use xmrig (a pool miner) anyway, it's faster than monerod, but connected to monerod rather than an actual pool. 00:11:31 Now, the average time between blocks for a desktop or laptop is probably measured in years. So it's a lottery. 00:11:47 You might get a block in your first few months, or none in ten years. 00:12:13 But in the long run, you should get about the same, at a first approximation, from pool or solo. 00:23:00 Thanks for this amazingly detailed answer 00:23:52 Now, i just got an idea. How about creating a mining pool exclusively for people from my country with no fees? 00:24:07 Is it theoretically possible? 00:24:37 And technically speaking, how difficult would it be to set up? 00:25:28 Yes, you could do that. IIRC it's a bit annoying to set up, but not overly hard. Though my experience is like five years old or so. 00:29:13 Actually, there's also new pool software I've not tried. So could be even easier. 00:30:34 Sweet. Sounds like it could be fun project 00:31:22 But what kind of hosting plan you would need for such pool? Would a cheap vps do? 01:21:41 Ammar__, it depends on how popular your pool gets 01:22:01 i ran a pool on a 3$ /month VPS 01:22:26 a pool should run its own monerod, so you'll need at least 50GB disk if you want some longevity for it 01:22:56 at least 200GB if you want to run without pruning 01:23:30 the storage space will push up the VPS price 01:24:42 I see. 01:25:15 Vps with 3? I thought 5 is the cheapest by digitalocean? 01:25:47 What are the resources of this vps? 01:28:50 it was a while ago i found it on lowendbox.com 01:30:15 but if your pool gets popular, you can end up getting throttled by the VPS provider. 01:30:43 and if your goal is to cater to a specific country, you'll probably want to find something in the country, so your miners can get good pings from you 01:31:35 and you'll have to ensure a relatively fast route to other daemons / pools. these are more secondary issues though. 03:40:03 Is this where I mention what appears to be a bug? 03:40:21 yes 03:40:34 or here https://github.com/monero-project/monero/issues 03:42:48 importing outputs from hot wallet to cold wallet results in "0 outputs imported" . steps to recreate: create cold wallet with linux 64 cli, use save_watching_only. open watching only with macOS 64 cli and receive .01xmr refresh confirms "import_key_images" needed. export_outputs all OUTPUTS. return to linux 64 cli and import_outputs OUTPUTS 03:43:44 despite there clearly being an output in need of key images, I am unable to properly import the output to the cold wallet. 03:43:50 using 17.1.8 of course 03:44:54 I did a search on r/monerosupport and found one other person a month ago with a similar issue. he was using windows 10 for the hot and win 7 32 for the cold. using win 10 for both solved his issue. 03:47:33 My cold wallet is a piece of paper with my seed on it :P 03:47:45 so i can't help :/ 03:51:05 too much information 03:51:50 AR23GG1: try reporting on Github if no one knows here 03:51:56 TLDR: cross platform import_outputs seems broken (hot:macOS, cold:ubuntu) 03:52:05 I'd need to create a github account :( 04:00:45 so i think my node is connecting to a malicious node. based on it's syncing, it looks malicious. any way to force the daemon to connect to a new one? it seems it's connecting to the same one each time. 04:03:36 --add-priority-node node.xmr.to:18080 04:03:45 looks like there's already an open issue where someone mentions they can't sign a transaction on linux that was created on macOS. sounds related 04:04:10 use the blocklist too if you aren't already 04:11:32 yeah i'm using the ban-list and enable-dns-blocklist 04:11:58 r3dh3ad[m]: can you explain your issue a bit more detailed? 04:12:16 how do you know that the node is malicious? 04:36:50 selsta: TBH i don't know if it's malicious. i did see at one point that i was ahead by a block according to https://localmonero.co/blocks. 04:37:27 hmm sounds fine 04:38:10 i turned it off for about an hour and just turn it back on. tried to sync. found it was 19 blocks behind. restarted itself while attempting to do so. is this the memory consumption issue that's been talked about 04:38:11 ? 04:38:46 Need to see full logs. 04:44:35 * r3dh3ad[m] sent a long message: < https://matrix.org/_matrix/media/r0/download/matrix.org/LHxhvLaAeXQOFQnhOolBSYBx/message.txt > 04:46:21 does status show the correct height now? 04:47:52 currently, i'm a block ahead of monero blocks 04:50:31 that is normal 04:54:49 then i will stop talking because now everything is normal :) 04:59:20 yea everything looks good :) 08:07:43 Ok let me understand one thing. Whether a coin is asic resistant or not any miner, in theory still got a chance to find block before the big fish? 08:08:01 If he mine solo of course 08:08:24 It is just the odds are tiny. 09:01:53 Yep 09:02:18 You could start cpu mining Bitcoin and find a block after 10 seconds 09:03:36 The odds of that are basically infinitesimal, but they exist. The reason nobody does it is that the average expected return of this action is extremely negative (you're gonna burn way more electricity than the block reward you'll get, on average) 09:39:26 endor00: so it's like lottery with electricity and hardware consumption at stakes instead of actual money 09:40:36 electricity and hardware is more real than "actual money" 09:41:10 Yes, but it's also more than that. By "playing the lottery", you are also providing a service to the network by confirming people's transactions 09:45:31 Sweet. Helping the good cause. Decentralization of money. Sticking it to the banking systems. 09:45:37 :D 09:47:23 Ok if I want to use this totally weak phone on monero or bitcoin itself to mine solo, is it possible, or do I need to download the blockchain to mine without third party? 09:47:57 a solo miner needs to be able to talk to a monerod somewhere 09:48:07 it doesn't need to be on the phone, but it could be 09:48:56 for a phone, probably better to talk to a remote monerod 09:50:02 Ok is there opeb source app to do so at the moment, because they are talking about installing linux on your phone to do it? 09:50:46 I assume xmrig can be compiled for android 09:50:55 haven't done it myself in a long time 09:51:23 sech1 may know for sure 09:52:20 Thank you. 09:53:03 https://www.reddit.com/r/MoneroMining/comments/kpfrpl/running_xmrig_in_android/ 09:54:58 nice 09:59:56 sech1, thanks. 10:02:05 About cpu life consumption, I've heard as long as the temperature is stable, there's nothing to worry about. What's the final verdict on mining eating away at your hardware? 10:04:15 yeah, keep temperature below the limit and you're fine 10:05:07 Be ready to say bye bye to your battery though, if you are mining on a phone 10:05:44 only mine if plugged in 10:06:30 I was thinking more in terms of degradation from heat 10:07:36 yes. on a phone I would generally avoid using more than half your CPU cores 10:07:50 phones aren't great for dissipating heat 10:08:43 Just put them to fridge then 10:09:23 humidity, condensation... even worse 10:10:01 With a bunch of modern phones you certainly could contribute to a pool. feels like https://s1.cdn.autoevolution.com/images/news-pictures-600x/pokemon-go-grandpa-now-rides-bike-with-64-smartphone-mount-impresses-some-more-145360-7.jpg 10:10:18 yep 10:13:24 and you could take your mining farm with you wherever you go https://twitter.com/hyc_symas/status/1183459387056238592 10:14:08 maybe even power it from your own pedaling 10:24:37 Easiest practice for an asian grand. Would even fight a couple of attackers meanwhile. 10:37:57 hyc thanks for all the information 10:39:26 Sech1, can I use the original termux to compile xmrig without the need for the unbunto version? 10:39:39 Im talking about this tutorial 10:39:57 https://gist.github.com/2niuhe/f9c0a1168ebc02bd0b89ffdb7ed21f6c 10:41:27 Normal termux works 10:41:51 Ok. The editor said it's optional to be fair 10:42:18 But what's the advantage of making it unbuntu? 10:42:23 Just curious 11:07:46 .network 13:46:01 Hi. I need some LBC. Any idea on where to convert some XMR to LBC instant!? 13:46:31 small amount. 13:47:19 I assume you mean BTC ? Try xmr.to. 13:47:55 If it's some alt, try morphtoken. 13:48:04 No not BTC - LBC is the coin for lbry.tv 13:48:21 morphtoken - ahh thx 13:54:51 I'm excited. Running xmrig on mediatek processor lol see how much hash rate I'll get 13:57:36 https://i.imgur.com/8zawkUe.png 13:57:46 Ain't that beautiful 13:59:17 17 hash per second lol I'm still proud of my phone 13:59:49 I submitted a benchmark on a mediatek chip a while back 13:59:50 https://monerobenchmarks.info/armPROCESSORS.php 13:59:57 you should send your result too 14:00:11 I will. 14:00:22 Thanks 14:00:28 what if governments at some stage outlaw crypto? 14:00:29 :) 14:00:42 hi questi 14:00:52 It is outlawed in my country 14:00:58 Mining also 14:01:08 crypto rich but unable to buy house, etc with it 14:01:14 Ammar__: which country is it? 14:01:19 Algeria 14:01:50 Is there a tutorial on how to upload my stats? 14:01:57 yes a lot of evil schemes are tried in a 3rd world countries first 14:02:02 in 3rd 14:02:36 it is just a hypothetical question yet if crypto is illegal that means one can not buy any assets with it ... 14:02:37 :) 14:02:45 then what is crypto for? 14:04:06 People will protect it 14:04:28 You're buying from people not government 14:04:53 read again 14:04:56 If the brave one still believes in it they will sell you a housr 14:05:04 they cant 14:05:14 Why 14:05:30 and also not you, we 14:05:31 :) 14:05:44 proceeds of crime acts etc 14:06:10 if anything is bough with illegally it can be legally forfeited :) 14:06:27 People commit illegal activities on daily bases if they think they can get away with it 14:06:33 if they can yes 14:06:49 A work around 14:07:17 Sell you for 10btc +100k usd 14:07:21 if there is a law worldwide that crypto has to be declared fully and then subjected to likes of capital ta gains and more and more 14:07:29 The usd to keep it legie 14:07:43 one would have to show from where fiat came from :) 14:07:44 Legitimate* 14:07:58 from salary, business profits, or what :) 14:09:01 The gov won't know the deal was made with btc under the table in the first place 14:09:05 yes 14:09:15 however will ask from where money to buy house came from :) 14:09:24 can't explain = house is taken :) 14:09:39 in UK it is already a law and in EU and 14:09:39 :) 14:09:42 maybe in USA 14:10:13 The 100usd decoy part of the deal can be explained 14:10:20 how :) 14:10:37 The trutb 14:10:42 loool 14:10:45 hey 14:11:23 I should probably die 14:11:38 as far as cash exist it will be still possible to move crypto into official system 14:11:42 to a degree 14:11:50 and even that degree is small 14:11:58 Are you making a case for xmr since it is more private than btc or are you making a case against crypto in general 14:12:12 not pro or against 14:12:23 information 14:13:04 In that case, government can also ban regular money tomorrow and render it useless 14:13:27 If we are talking 'ifs' 14:13:28 Ammar__: in China social rating system is already in place 14:13:37 and China is soon world leading economy 14:13:43 I do know. 14:14:06 I watched the mocking episode about it in black mirror lol 14:14:12 Was amazing episode 14:14:19 :) 14:14:41 imo both crypto and gold prices will be crushed at some stage to new lows 14:14:43 :) 14:14:45 :) 14:15:07 first sucker people in with a fake sense of security and then :P 14:15:13 :) 14:16:19 It's possible. Then again, thinking about what's possible can drive you crazy. Sticking to what's probable can keep you sane. 14:16:36 nope 14:17:27 empire after empire were allowed to rise and fall and now will it not be a global fall? 14:17:36 what is improbable here :) 14:19:15 :) 14:22:02 digital yuan already exist 14:22:30 The fall is probable, has always been. But the fall doesn't threaten crypto only. It will crash everything. So acting on that probability is irrational since nothing can be deemed reliable 14:23:00 and at some stage hey we have now gov crypto, as to rest it is difficult to regulate despite our best efforts, so it is to be declared illegal 14:23:52 fall may 'most' 'stores' of 'value' including crypto 14:24:13 so energy spent on obtaining, trading and accumulating it xD 14:28:12 Sorry androic crashed because of the mining experiment lol 14:28:29 Was really enjoying the conversation 14:28:45 lol 14:30:10 some dude have forwarded me a document recently from a world bank where it is stated covid measures were to last till 2025 14:30:58 middle class in USA 'can not' be wiped in one year yes, in five years ? 14:31:34 He ment 2125 i supp. 14:31:42 haha 14:32:27 and redirect energy yet via another ye ye vote for us we will defeat elite and other similar pseudo rebel channels xD 14:32:45 How they even should partially pay back these myriades od debts? 14:34:12 pay to whom? to themselves? :) 14:34:28 they both issue the debt and to a degree direct it 14:34:55 interest on debt is simply to cover up a control 14:35:08 to a degree justify 'policies' 14:35:57 once simple basic jobs are automated maybe control become more open xD 15:04:13 and yes usd fall against euro kinda simulates people to hedge 15:34:45 The only way to solo mine is to set a node? 15:35:40 Ammar__, there is one pool that I know of that has a solo option... so you don't have to have your own node. 15:36:40 Good. I'm just experimenting please tell me which is it 15:37:40 xmrpool.net but it seems their front end is down... 15:37:54 Oh 15:38:14 pretty sure it will be fixed shortly.. I pinged the admin about it just now 15:38:21 Can you add a worker called ammar and just give me server of your pool 15:38:48 So you can tell me what hash rate are you getting? 15:39:05 On the workers panel 15:39:06 I don't have a pool 15:39:09 Ok 15:39:36 :) 15:39:38 and mining isn't done like that.. there's no sign up.. it's only in your config 15:40:04 would mined coin command premium? 15:40:07 virgin coins 15:40:32 questi, all XMR is virgin 15:40:37 Fungible 15:43:31 perhaps so :) 15:45:15 I wonder why it was dumped in March hmm 15:45:20 lockdowns first panic? 15:50:40 anyone running a tiny pool here? 15:51:05 Mining with xmr support but it keeps telling me no data for this wallet 15:51:12 On the homepage 15:53:46 https://i.imgur.com/JHO376N.png 15:54:05 I think it is detecting it now 15:56:40 Now i want to try solo lol 15:57:04 My phone may explode 15:57:19 Mining solo with your phone? 15:58:50 How much do you think monero will take off by the end of this year 16:00:21 thematrix5000[m], #monero-markets 16:03:16 to the moon of course 16:13:02 not enough memory for RandomX dataset 16:13:24 Is he talking about storage space or ram? 16:14:01 dataset is RAM 16:14:03 2GB 16:17:37 Ok 16:18:17 I got only 311mb free so it switched to slow mode :'( 16:18:37 I'm mining solo on s3. Solopool 16:18:50 Is it a legitimate server? 16:19:27 M 16:26:48 Monero price reaches an ALL TIME HIGH! Rejoice and put all your life savings into it! https://www.reddit.com/r/Buttcoin/comments/kpm8dn/monero_price_reaches_an_all_time_high_rejoice_and/ 16:27:59 What xmrig param for full usage of cpu just priority 5 and max thread count? 16:28:36 CPU? 16:28:51 haha 16:28:59 mad 16:31:41 today is a bad day 16:31:54 tomorrow probably even worse 16:33:20 I am not a conspiracy theorist yet can 5g make people tired? xD 16:34:19 Ammar__: #monero-pools 16:44:51 Ammar__ not tiny but very friendly people at pool.xmr.pt 16:46:17 Thanks netrik182 16:46:58 #monero-pt is their channel 17:02:57 Thanks 17:03:39 I tried no yield and 4 threads 17:03:50 Max was 22 h/s 17:04:00 I did submit too 17:24:36 selsta possibly bad IP 116.203.80.46 (stuck at "synchronizing" for hours, block 2263960) 17:30:00 monerouser1144: thanks, added, seems to match others 17:40:11 Regarding protecting monerod from various "generic" resource exhaustion attacks, judging from netstat / ss outputs it seems that allowing a few concurrent tcp connections per remote IP would be enough, right? (using tools like hashlimit http://blog.serverbuddies.com/using-hashlimit-in-iptables/ ) 17:49:24 so if this delisting goes on, is there a plan b? 17:49:35 what about dex? 17:53:12 zed19[m]: there is Bisq. also work in progress on XMR-BTC atomic swaps 17:55:30 ty for the info 17:56:24 zed19[m]: np. FWIW Kraken and Poloniex have both indicated they have no plans to delist Monero 18:02:31 doesn't most of this talk belong on #monero-markets? 18:04:08 Atmic swaps can't get here fast enough. Based on the comments I read at r/Monero it seems that it would also work for XMR/BCH which already has Schnorr sigs ... 18:05:02 yep 18:05:03 we need atomic swaps yesterday 18:06:34 how easy will they be to use? 18:06:53 And it would be most interesting to see if some Satoshi-era BTC get converted to XMR 18:07:59 h2017: i imagine it'll get easier to use over time 18:08:06 but we need something in place asap 18:08:17 i've always liked monero , I have had a little bit for a few years 18:08:32 selsta another possibly bad IP 135.181.96.30 (again stuck at "synchronizing" for hours, block 2263960) 18:08:39 raecarruth, i think we'ere probably ok for a few years at least, from the point of view of exchanges and regulation 18:08:45 but the delisting is telling me I should convert my BTC profits to XMR 18:08:54 and get more XMR 18:08:55 :D 18:09:02 h2017: i'd rather not gamble on governments not being trash 18:09:09 and just have the tech in place now 18:09:15 raecarruth, i know what you are saying, but governments tend to use gradualism 18:09:37 that's why i think the market has time even though i think we should be talking about this on monero-markets 18:10:12 i'd say still biggest challenge is to have "normal" people prefer xmr (or similar) over classic payment methods 18:10:46 abra just sent out an email saying they're dropping support for XMR, ZEC, and DASH because their custody partner is dropping support due to regulatory uncertainty 18:10:55 I guess that means Abra uses Bittrex for custody 18:10:55 monerouser1144: yep, matches another IP I have 18:10:58 added 18:11:11 oh, thought i was in the -markets channel 18:11:20 its funny they drop support for DASH 18:11:54 yes, dash has been frustrating since their launch. hilarious to see how it has played out 18:11:55 it doesn't really protect your privacy like xmr or zcash (can) do 18:12:18 i wonder who is lobbying for these delistings 18:12:37 i don't fully understand who're all the players in this "game" 18:12:55 Bittrex is US based? 18:13:14 it feels a bit like DMCA takedowns on YT 18:13:21 My guess is that they got in trouble and they're trying to settle and aren't allowed to talk about the case 18:13:28 they had no KYC for years 18:13:46 the NYDFS laughed at them and pointed out all the problems with the AML program when they applied for a bitlicense 18:14:00 Top 3 privacy coins are 1. Xmr 2.zcasg 3.dash. What do you guys think 18:14:16 is that a joke? 18:14:31 No these will go up the most 18:15:12 Crazy action in crypto markets today, from Ethereum ($935) to ... DogeCoin. I wonder if it's a "blow off top". 18:15:13 ill have my eyes on XZC (Firo) 18:15:20 i don't see this abra exchange even listed on cmc 18:15:31 Dash is not private thematrix5000 18:15:34 Xmr is all that's worth it though if you want to use them for physical transactions its the only truly anonymous coin and the only one people should actually even use 18:15:37 it's not an exchange it's an app 18:15:39 Have you seen their latest tweets? 18:15:43 does smone here has eyes on ARR ? 18:16:02 yes 18:16:02 No I just saww how it went up 18:16:09 So just xmr and zcash forget the rest 18:16:58 zed19[m]: any feelings about it? 18:17:38 guys move the talk over to #monero-markets. most of this talk is motivated by interest in the price so it belongs there 18:20:16 it gets a lot of praise, some even say it will overtake xmr 18:22:04 we need more of those real cryptocurrencies 18:22:24 which do you consider real cryptocurrencies zed19[m]? 18:22:26 fuck those controlfreaks 18:22:28 one big brother is enough for me 18:23:10 privacy coins - digital cash 18:23:22 but which ones beside xmr? 18:23:43 anything which goes against the status quo and the bankers 18:23:55 ok 18:24:00 xmr, zcash, firo, arrr 18:24:15 see, i don't know anything about the last two 18:24:20 educate me 18:24:21 if you will 18:26:22 raecarruth: https://pirate.black/ (arr) and https://firo.org/ (firo) 18:26:28 thanks 18:26:45 ok, i've heard of pirate chain 18:26:50 just not recently 18:27:02 firo is new to me entirely 18:27:40 https://www.firo.org/about/tech/ 18:27:53 they renamed it - used to be Zcoin 18:28:13 ok, kek 18:28:16 i know zcoin 18:53:11 What's the minimum resources needed to run monero node 18:56:28 Ammar__: 4GB RAM + 120GB SSD seems to be sufficient for me 18:59:34 Man, you broke my heart. Haha. Im trying to run it on a phone with less than a gb free space and 300 free ram lol 18:59:54 lol yeah that ain't gonna work 19:00:02 you can prune the blockchain to i think 30GB in size 19:00:30 you can definitely use a monero wallet on that phone, just not a full node 19:00:57 it might well work with a lot less than 4GB RAM, i have just never tried it personally 19:01:45 Ammar__: lol. Just go for monejuro. 19:02:39 Thought you did some freaking experiment but not actually using this 19:04:32 even if you had a phone capable of running it, i'm not so sure it'd be a great idea 19:04:47 it would chew through your battery, use a ton of data, and i don't think mobile providers allow incoming connections in any case? 19:05:57 Would stuck with privnode without vpn anyways 19:07:26 that being said i do run a node on a rockpro64 SoC, with a 256G sd card, and it works well 19:08:16 er SBC not SoC, but you get the idea 19:14:38 Well the only reason I want to run my own node is that I want to solo mine 19:14:58 If only there is a trusted pool with that option 19:15:25 Do you guys think mastering monero and zero to monero v2 are good to read 19:16:05 Wait, I'm using cake wallet can I some how make use of that solo mining? 19:16:27 Nah, can't be. 19:22:21 You can solo mine on cryptonote.social, I’ve done it for a while but now do their cool take on pooled mining. 19:22:34 I highly recommend that pool and have used it for a very long time. 19:32:14 Thanks 19:39:45 Ammar__: your mining wouldnt be satisfying even with 3k usd mining rig... not even with free power 19:42:43 Mining is a great way to replenish TX fees if nothing else 19:42:53 Especially if you’re just mining on existing hardware. 19:43:05 Hell yeah 19:47:36 Im banking on luck 19:48:04 I will find the block before the big fish :) 19:49:31 I c, a warlock! 19:50:01 B) 19:50:28 Everything or nothing kind of strategy 19:50:29 banking on luck is always a good idea 19:55:00 I listened to breaking monero with sarang and some monero talk episodes before 20:02:25 It's not a bad idea if the loss stakes are low 20:03:00 Im supporting the currency while waiting for my lucky break 20:07:20 https://lbry.tv/@Hemeroteca:f/rage-against-the-machine---Know-your-enemy:6 20:07:54 🀘🏻🀘🏼🀘🏽🀘🏾🀘🏿 20:14:38 .doge 20:51:20 https://github.com/monero-project/research-lab/issues/79 21:29:54 can i download the blockchain to an external drive? 21:31:03 Yes, --data-dir /wherever/you/like 21:31:45 just wanted to try out the cli wallet, ty