-
silverdragon[m]
Who all runs monero nodes?
-
nioc
various random people
-
silverdragon[m]
I am running two but I am not sure how they are different then mining nodes.
-
silverdragon[m]
Is a node confirming transactions and mining facilitating them?
-
nioc
you don't need a node in order to mine
-
nioc
but yes all pools run a node
-
nioc
at least 1
-
jess
b 135
-
jess
oops
-
silverdragon[m]
is it worth my time to mine not part of a pool
-
nioc
bingo \o/
-
nioc
silverdragon[m]: depends on your hash rate
-
silverdragon[m]
3.3kh
-
silverdragon[m]
thats on one machine I have 3 more that could likely do the same
-
nioc
all of them together mining solo would find a block on average in 205 days with high variance
-
nioc
could be 1 day or could be 2+ years
-
silverdragon[m]
so almost 1 year for 1 xmr
-
silverdragon[m]
or how much is in a block?
-
nioc
on a pool you would average .006 per day
-
nioc
block reward is currently 1.2 and decreasing slowly
-
silverdragon[m]
at nearly a dollar a day for powering them all I would be in the hole
-
silverdragon[m]
I might still just run one just to support the network.
-
nioc
yes those with cheap elec and/or the most efficient machine can make a profit
-
nioc
I have a new ryzen which is very good for mining but still the profit is small and the roi is long
-
nioc
I have somewhat high elec costs
-
silverdragon[m]
I think i have relatively cheap power at 7.21¢/kWh however these are all old dual xeon servers
-
silverdragon[m]
keeps the basement from getting too cold anyway
-
nioc
yeah heat can be a benefit as well :)
-
silverdragon[m]
I have a hard time trusting pools I had much stolen from MinerGate back in the day.
-
nioc
well minergate is a scam
-
nioc
there are trustworthy pools, most of them
-
silverdragon[m]
we all know that know but hindsight is 20:20
-
nioc
only sometimes lol
-
u29601mg6ba93j[m
Test
-
blaeks[m]
worx
-
-
spitrip[m]
NVML disabled (failed to load NVML) some one can help on this issue ? using win10
-
gingeropolous
spitrip[m], what are you trying to do?
-
spitrip[m]
mining with gpu
-
gingeropolous
ah, try #monero-pools
-
spitrip[m]
thanks bro
-
gingeropolous
and also, GPU mining is ..... well, some would call it "fun"
-
gingeropolous
but randomx is really tuned for CPUs
-
spitrip[m]
right
-
spitrip[m]
i am using booth
-
gingeropolous
gotcha
-
gingeropolous
from my googlings, looks like "disable NVML (NVIDIA Management Library) support"
-
gingeropolous
is nvml necessary for mining?
-
spitrip[m]
really dont no about this
-
gingeropolous
hrm. well, are you getting a hashrate from the GPU?
-
gingeropolous
u could try running with --no-nvml
-
gingeropolous
if your running xmrig
-
-
spitrip[m]
yeah still running
-
spitrip[m]
i think the hashrate it is from cpu
-
spitrip[m]
only
-
spitrip[m]
i really dont no
-
gingeropolous
yeah, its prolly all from CPU
-
gingeropolous
i wouldn't worry about the GPU honestly
-
spitrip[m]
I don't know if that error may be influencing the GPU hash rate
-
gingeropolous
i mean if your really hell bent on getting every bit of monero from your silicon, then you can embark on a great google adventure to try and figure it out.. but it'll prolly be like 100-200 h/s u get, if that
-
gingeropolous
what kind of GPU?
-
spitrip[m]
of the weakest
-
spitrip[m]
NVIDIA Geforce gtx 1060 3gb
-
gingeropolous
yeah, probably not going to boost much. but again, its doable. where'd u get xmrig?
-
spitrip[m]
github
-
gingeropolous
k. this sites useful if u haven't been there yet:
xmrig.com
-
gingeropolous
also consider mining to a smaller pool :)
-
spitrip[m]
I thought it would be better to mine in a pool with more people
-
spitrip[m]
my bad
-
spitrip[m]
i am new on this kind of staff
-
gingeropolous
well, its marginally better for you to mine on a bigger pool, but its better for the network if there aren't dominant pools.
-
gingeropolous
its all good. no worries.
-
spitrip[m]
thank you with your sharing
-
spitrip[m]
but see
-
-
gingeropolous
?
-
spitrip[m]
with this hash rate you think that the best and even I go to a pool with less people
-
gingeropolous
it's up to you, but generally cryptocurrency networks that have centralized hashrates in a small number of pools can be viewed as more centralized, and thus, more susceptable to attack, and thus less valuable.
-
gingeropolous
so if you think monero should be worth more, spread the hash around
-
gingeropolous
well, thats what some people think
-
gingeropolous
other people think shit like polkadot and iota should have marketcaps over billions of dolars
-
gingeropolous
so, potatoes potahtoes
-
spitrip[m]
and swiss chesse
-
spitrip[m]
xD
-
spitrip[m]
thanks for the advices :)
-
h2017
when the zcash people claim that zcash is scalable what do they mean by that, since they do not appear to have dynamic block sizes?
-
luigi1111w
it can scale all the way from the little use it has now up to full blocks
-
endor00[m]
Most people just throw the word "scaling" around without really understanding nor specifying what it means
-
endor00[m]
Then proceed to draw arbitrary conclusions from it
-
styxx[m]
test
-
binaryFate
styxx[m] pong
-
moneroist
what algorithm is monero using to sign message?
-
husayn674
Monero guide to peace talks: Savagely attack any of your own community members that attempt to talk about peace.
-
» ComplyLast listens to John Lennon - Give Peace a Chance
-
bigslim[m]
why can I not --pop-blocks
-
bigslim[m]
is that the incorrect command?
-
moneromooo
No. It's pop_blocks.
-
bigslim[m]
ok let me try
-
bigslim[m]
whats the max allows blocks to pop
-
moneromooo
Did you see --pop-blocks anywhere, and if so where ?
-
bigslim[m]
I was assuming since every other command I knew uses --,-
-
moneromooo
You probably mean command line options then.
-
moneromooo
Those start with -- (or just -).
-
bigslim[m]
--restricted-rpc --rpc-bind-ip 0.0.0.0 --confirm-external-bind --pop_block 100000
-
bigslim[m]
Failed to parse arguments: unrecognised option '--pop_block'
-
moneromooo
Where did you see --pop_block mentioned ?
-
moneromooo
Or --pop-blocks
-
bigslim[m]
Unknown command: pop_blocks
-
bigslim[m]
ive done it before in the past
-
bigslim[m]
executing daemon
-
bigslim[m]
circa diff drift issue
-
bigslim[m]
popping blocks to see if diff correction is fixed
-
moneromooo
*Where* did you see --pop_block mentioned ?
-
bigslim[m]
year and half ago
-
bigslim[m]
pop_blocks does not work either
-
bigslim[m]
I dont want to resync the entire blockchain from 0
-
bigslim[m]
fyi
aeonix/aeon #211 since you aren't in #aeon:matrix.org
-
moneromooo
Looks like maybe the auto correct system did not quite work.
-
moneromooo
Hard to tell for sure since the log lines are clipped.
-
bigslim[m]
i'm resyncing from 0 again to see if it works
-
bigslim[m]
clipped?
-
moneromooo
Cut off.
-
bigslim[m]
have to scroll to right :)
-
bigslim[m]
I hate word wrap
-
bigslim[m]
I was going to try monero with 1yr old blockchain file but no room on this pi. need to transfer to usb and run lmdb off usb256gb card
-
selsta
bigslim[m]: you have to use monero-blockchain-import for --pop-blocks
-
selsta
or alternatively use pop_blocks inside monerod
-
bigslim[m]
I could have sworn we could do it before with daemon execution to pop blocks before starting daemon sync to remove unwanted blocks. was this changed or am I crazy?
-
selsta
I don't think so.
-
fluffydonkey[m]
Looks like Using ChangeNow from the USA is against their terms of use. What are some good alternatives?
-
mmxxx[m]
simpleswap?
-
michaelmrose
Hi what can you use monero for in the US?
-
mmxxx[m]
crack...
-
michaelmrose
hahahah
-
mmxxx[m]
stealthex is another option
-
fluffydonkey[m]
Looks like morphtoken also prohibits users from the U.S from using it
-
fluffydonkey[m]
stealthex doesn't allow USA either!
-
mmxxx[m]
kek
-
mmxxx[m]
hilarious
-
mmxxx[m]
uncle sam hates privacy
-
fluffydonkey[m]
😡
-
fluffydonkey[m]
I'm trying to run a legit business here, so I have make sure I'm meeting their terms of use
-
fluffydonkey[m]
I don't see any terms of user or privacy policy on Tradeogre...
-
mmxxx[m]
is tradeogre reliable?
-
mmxxx[m]
i always got an exitscam vibe from them
-
fluffydonkey[m]
The website looks like it's from 2003
-
michaelmrose
is there a good way to turn monero into something more useful?
-
mmxxx[m]
it is being turned into something more useful
-
mmxxx[m]
courtesy of the darknet markets
-
michaelmrose
I don't need crack ;0
-
mmxxx[m]
you buy more than just crack on those markets
-
michaelmrose
someone on IRC randomly gave me ~20 worth of monero
-
mmxxx[m]
lucky you
-
fluffydonkey[m]
michaelmrose: You can spend it in my store once it's up
-
michaelmrose
what do you selli
-
mmxxx[m]
what kind of things do you sell fluffydonkey?
-
mmxxx[m]
* you can buy more than just crack on those markets
-
fluffydonkey[m]
Electronics, but still scoping it out
-
mmxxx[m]
I was thinking of selling shaving equipment on openbazaar
-
fluffydonkey[m]
TVs, Computers, etc
-
mmxxx[m]
but that's a dud
-
mmxxx[m]
we need a replacement
-
mmxxx[m]
for openbazaar
-
mmxxx[m]
that was a great project
-
fluffydonkey[m]
Is the website still up? I've never heard of it
-
mmxxx[m]
-
mmxxx[m]
decentralized market
-
mmxxx[m]
great concept
-
mmxxx[m]
used it to purchase xmr
-
mmxxx[m]
and other cryptocurrencies
-
mmxxx[m]
-
mmxxx[m]
particl might be an option
-
fluffydonkey[m]
You talk about it in the past form.. Did it shutdown?
-
hyc
openbazaar folded
-
fluffydonkey[m]
I know we don't have many lawyers here, but is using DEXes legal in the US?
-
ComplyLast
kraken could be useful to you fluffydonkey[m]
-
moneromooo
I'm reminded of this... used to be a joke at the time... the difference between free countries (legal unless a law says it's not) and not free ones (illegal unless a law says it's not)
-
kxsl
there are no free countries. all of them have enough vaguely worded laws so that if the man wants you in jail bad enough, you are going to jail
-
fluffydonkey[m]
ComplyLast: Kraken looks great, but I'm very concerned about there being only 1 SINGLE exchange where we can legally transact monero in the U.S. Just looking for other alternatives just in case they decide to ban it next week
-
moneromooo
I'm reminded if why I should not post this kind of "funny" stuff in #monero
-
ComplyLast
lol
-
ComplyLast
there are otc and prime brokerages that serve US customers too
-
ComplyLast
fluffydonkey[m] probably for bigger amounts than you'd want
-
ComplyLast
there's localmonero too
-
ComplyLast
bisq
-
ComplyLast
tradeogre
-
h2017
i see no immediate reason why kraken will delist monero.
-
h2017
when coinbase and gemini list zcash
-
ComplyLast
s/zcash/bitcoin
-
h2017
from a regulator standpoint zcash is a bigger risk because of its ongoing dev tax
-
ComplyLast
bitcoin has (probably) in % terms more coinjoins than zcash has z2t t2z or z2z transactions
-
fluffydonkey[m]
ComplyLast: Could you please give me a few names for OTC and prime brokerages besides Kraken that exchange Monero for either USD or another crypto?
-
h2017
fluffydonkey[m], bitfinex
-
ComplyLast
tagomi, dvchain, cumberland (?)
-
ComplyLast
finex doesnt serve muricans
-
endor00[m]
<ComplyLast "bisq"> Do people really go through the whole safety deposit thing on bisq? I mean, it's a cool dex and all, but it seems like a major pita if all you want to do is a couple of buy/sell orders
-
raecarruth
bitfinex is terrible
-
endor00[m]
Or am I missing something?
-
ComplyLast
their volume seems pretty decent lately on the monero pairs
-
ComplyLast
endor00[m] check it out
-
h2017
yeah i wouldn't do business with bitfinex
-
ComplyLast
given the volume I would be inclined to say people use it, yes.
-
h2017
tether is so sketchy
-
fluffydonkey[m]
<h2017 "yeah i wouldn't do business with"> Why not?
-
h2017
fluffydonkey[m], i don't trust tether and the two companies have the same owners
-
raecarruth
sketchy is an understatement
-
ComplyLast
what you guys (and this space in general) seems to fail to realize
-
ComplyLast
is that the day tether would do what you what, full public audit, etc
-
h2017
this is what tether reminds me of
-
h2017
-
ComplyLast
the full might of uncle sam would strike upon them
-
ComplyLast
the only reason why it's relatively useless (although at an increased counter party risk) is that it operates in an opaque way
-
Quotes
useless? nothing is as useless as »Useless Ethereum Token« (UET®)
coinmarketcap.com/currencies/useless-ethereum-token
-
ComplyLast
s/useless/useful
-
ComplyLast
USDC is the banksters stablecoin, they're probably lobbying hard to get rid of USDT
-
ComplyLast
doing a public audit would only make their jobs easier.
-
mmxxx[m]
I have no time or regard for any of these stablecoins
-
fluffydonkey[m]
If I understand this correctly, bitfinex will allow traders and businesses to make XMR/USD trades in the USA?
-
ComplyLast
fluffydonkey[m] doesn't accept US customers.
-
ComplyLast
mmxxx[m], sure and that's fair enough
-
fluffydonkey[m]
Damn ;(
-
fluffydonkey[m]
Nobody likes us :(
-
mmxxx[m]
fluffydonkey sell some of your xmr and buy citizenship elsewhere
-
ComplyLast
I was just merely pointing out that if USDT were do to what people what them do to
-
ComplyLast
they would seize to exist in a heartbeat
-
ComplyLast
they can't compete with USDC on lobbying/regulator bootlicking
-
mmxxx[m]
but you're saying it's not because they don't have the assets but because they don't have the appropriate lobbying buddies?
-
ComplyLast
What I'm saying is:
-
ComplyLast
If they were do to a public audit and show where the assets are it would open the door for those same assets to be seized in a swift manner
-
mmxxx[m]
ok
-
ComplyLast
under the pretense of money laundering, terrorism, china, cp, tax evasion
-
ComplyLast
you name it, insert random excuse the DOJ would use.
-
mmxxx[m]
understood
-
h2017
what we know is that tether claims that it's got reserves in some bank and that bank isn't clear about what it's reserves are, some of which may be ....bitcoin
-
ComplyLast
what they claim in their T&S is that they back with equivalent dollar equivalent
-
ComplyLast
in no way it states is in some bank
-
fluffydonkey[m]
Okay to summarize:
-
fluffydonkey[m]
If I want to legally exchange XMR to USD or another Crypto in the U.S, I need to use kraken?
-
h2017
ComplyLast, that's not what i read
-
kxsl
scammy shady exchanges don't decide what's legal
-
h2017
first of all they should be backing entirely with usd. if their is a run that's what they will be expected to produce. secondly their bank says they invest customer deposits in bitcoin
-
nioc
doesn't polo still accept us
-
ComplyLast
h2017 do you own some fiat?
-
ComplyLast
nioc, i dont think so
-
nioc
wat
-
ComplyLast
h2017, as in: in a bank?
-
h2017
a non-fractional reserve bank isn't supposed to be investing deposits in anything
-
nioc
I sleep thru everything
-
h2017
or at least we hope that the investing is not being used with the non-fractional deposits
-
ComplyLast
h2017, nice of you to decide what they can or cant do with their business
-
h2017
in the case of something like tether backing the banks job is to hold the backing instrument, nothing else
-
ComplyLast
If i was in their shoes running that business
-
h2017
ComplyLast, no need to get catty. it's just my opinion and i'll bet you that a lot of people share it
-
ComplyLast
I would probably own 0 (or as close to 0) USD I could
-
ComplyLast
USD is their biggest liability and highest risk asset they can own.
-
ComplyLast
I would probably hold crypto and hedge it on derivatives, etc
-
h2017
certainly puts 1:1 exchangability in doubt when the bank does that
-
ComplyLast
people redeem 100's of millions of tether daily
-
ComplyLast
sure there's a risk
-
mmxxx[m]
didn't they proudly state that they 'invested' their USD in btc when it was 9k?
-
ComplyLast
I would think the risk of them owning USD on a bank account is bigger
-
ComplyLast
given the overreach of unclesam
-
ComplyLast
but thats just me
-
ComplyLast
I'm putting myself in their shoes, I have zero USDT
-
h2017
then tether has no business existing
-
ComplyLast
why?
-
ComplyLast
it facilitates a lot of value transfer daily
-
h2017
it's a promise of 1:1 exchangability
-
ComplyLast
with lots of people happy to use it
-
nioc
US banks can't give everyone their usd back
-
ComplyLast
lol
-
ComplyLast
US banks can't give everyone 10% of their money back
-
ComplyLast
let alone the full amount
-
h2017
nioc they are openly fractional reserve. a bank backing one instrument with another cannot be fractional reserve
-
ComplyLast
by any stretch of imagination what tether is doing is way less scammy than what banks do
-
ComplyLast
h2017, Tether T&S:
-
ComplyLast
Tether Tokens are 100% backed by by Tether’s Reserves.
-
ComplyLast
“Reserves” means traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities;
-
h2017
ComplyLast, i understand. i was just saying that fractional reserves wouldn't be acceptable in that case anyway
-
ComplyLast
they're pretty open about what they do, and people find it useful. I truly understand you wouldn't want to use it
-
ComplyLast
I wouldn't either, it's way above my risk tolerance
-
h2017
ComplyLast, supposing that the sec calls them out. people will want all their tether redeemed? what will happen?
-
ComplyLast
I just feel that this tether zealotry is a lot of people arguing that they know better than others how they should manage their finances
-
ComplyLast
And a bit of covert regulatory bootlicking too.
-
ComplyLast
h2017, they would convert their assets to USD equivalent
-
h2017
ComplyLast, no, it's people like me who lost life altering amounts of value when bfx got hacked. i wouldn't trust them as far as i could throw their cold storage
-
ComplyLast
Ignorance here, didn't Bitfinex ended up paying everything back?
-
h2017
they took advantage of the market to do that. people didn't get back what they would have made had it not happened
-
ComplyLast
I mean, lots of exchanges got hacked and simply disappeared. From afar it seemed bitfinex behaved itself pretty decently tbh
-
ComplyLast
As in they gave you the equivalent dollarized amount of some crypto much later?
-
kxsl
is there an equivalent for fdic insurance for exchanges?
-
h2017
it's not the only time bfx wronged me. i also got hit with the double close bug (feature?) before that
-
ComplyLast
kxsl, not that I'm aware.
-
h2017
ComplyLast, do you work for bfx or something?
-
ComplyLast
no
-
h2017
you're like bfx's last defender
-
h2017
on earth
-
ComplyLast
bfx is doing what they can to not bow down to regulators
-
ComplyLast
so they have my respect for that.
-
kxsl
nah, when the time comes to bow, they will bow
-
ComplyLast
they faced a lot of issues and came with creative (and unique solutions) to fix them where others would have just vanished.
-
ComplyLast
I don't get all the hate, I mean I understand it from an emotional point but not from a rational one.
-
ComplyLast
kxsl, I mean, they're trying.. that's something.
-
ComplyLast
but sure, the goons will get to them eventually.
-
fluffydonkey[m]
Screw it. We'll make our own exchange
-
h2017
i understand that big money wants big corporate-style centralized exchanges. anything else is out of their comfort zone
-
h2017
but that's contrary to what crypto stands for
-
ComplyLast
we just need better DEXes
-
ComplyLast
that are not some bullshit for ERC-20
-
raecarruth
facts
-
raecarruth
h2017: most of the money flooding into cryptocurrencies doesn't care about that, sadly
-
raecarruth
it's just the herd following the herd
-
ComplyLast
facts
-
ComplyLast
I just wish Bisq someday will realize that monero is their true driving force
-
ComplyLast
and start behaving accordingly
-
Monegro
Tether is probably 100% backed. At least it will be when the blowoff top hits
-
Monegro
But that's kinda besides the point. What they are doing is straight up fraudulent
-
Monegro
There would be a nice, stable Bitcoin bull market right now, with a chart that looks like XMRUSD. The ratio would be stable and increasing
-
Monegro
HOWEVER
-
Monegro
Tether in March starts printing insane amounts. Billions. They then use that in various ways to slowly trade into the crypto markets. They pop shitcoins by 2-4x in less than a week
-
nioc
yes btc has a history of being stable
-
Monegro
They probably have backroom deals with other large exchanges, and even proxies to guys like Saylor
-
Monegro
They are massively pumping this bull market harder and faster than otherwise possible
-
fluffydonkey[m]
It also has a history of being useless for transactions. What's the transaction fee right now? $15? $20?
-
nioc
I used to use zero fee txs
-
nioc
that is history
-
Monegro
BTC actually did have a nice progressive, stable recovery and price increases in 2016-2017
-
raecarruth
fluffydonkey[m]: which coin are you speaking of that has a 15 USD tx fee? ETH?
-
Monegro
until after about $7k
-
nioc
btw #monero-markets
-
nioc
for market discussion
-
Monegro
yeah, true.
-
Monegro
well, regardless, it's hard to talk about the tether fraud without talking about markets
-
Monegro
2 days ago was the first time they ever had to actually provide real documents to the court
-
Monegro
They did a bang up job of delaying that for nearly 2 years
-
bigslim[m]
<fluffydonkey[m] "Looks like Using ChangeNow from "> Use VPN with EU server- done
-
fluffydonkey[m]
<bigslim[m] "Use VPN with EU server- done"> lol yeah, I figured. But when running a business, I have to make sure I'm not opening up myself for legal issues
-
bigslim[m]
what do you mean?
-
bigslim[m]
its not illegal to use vpn
-
fluffydonkey[m]
The ToS aren't about where your connection is coming from. It has to do with where the entity is based out of
-
bigslim[m]
do you think you would be doing tens of thousands of dollars/mo in transactions or something?
-
fluffydonkey[m]
If all goes well :D
-
bigslim[m]
if you are USD based, all you need to report is crypto exchanged for USD, not "how" it was exchanged
-
mmxxx[m]
fluffydonkey: where do you sell?
-
fluffydonkey[m]
<bigslim[m] "if you are USD based, all you ne"> That's what I'm thinking right now. But I'll be speaking with a lawyer soon to make sure
-
bigslim[m]
so say you are paid by customers in ETH, BTC, Monero, whatever; if everything is converted to USDT then sent to exchange / coinbase to convert to USD/withdraw then all you need is to report the total USDT converted and withdrawn
-
bigslim[m]
and taxed on that accordingly
-
bigslim[m]
I mean if you are exchanging hundreds of thousands/year then yea you might want to kyc some more so uncle sam doesnt start asking why you are getting paid this way and by who
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bigslim[m]
need to register as a crypto business with tax man and most likely KYC your clients
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fluffydonkey[m]
have you seen someone having to do this?
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fluffydonkey[m]
That would be pretty crappy. The whole idea is NOT do that
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mciel339
hello
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mciel339
is there any benefits of using qt6 ?