Change randomx to require high ram (32gb) ? Kill botnets and make mining profitable again for real miners ?

Nobody is going to invest in mining rigs/farms, just to protect the network when they know botnets will leech of it forever 😅

Or switch to sha3 ASICS ? Get intel/amd onboard

Mining farms are bad, botnets and ransomware are good and create a more secure internet (antifragility) and anyone with high powered hardware should probably be using it for commerce/research first and mining monero on downtime as a way to recoup investment cost. Old hardware can be slapped in a building near renewable/cheap energy and used as a monero farm.

My 2cents before I croak

<BigSlim> remote nodes list for monero

<BigSlim> I see no lists anywhere really that are up to date?

Monero.fail

<BigSlim> supportxmr still running remote nodes?

<BigSlim> honestly should check cakewallet

<BigSlim> all the nodes there are red (offline)

BigSlim: node.supportxmr.com:18081 is online

<BigSlim> props to cakewallet for speeding up their app though. man it used to take like 5 hours to sync 30k blocks

node.melo.tools:18081 too

<BigSlim> cant wait to upgrade this dinosaur intel mac to the new m1 or m2. Using the mac mini m1 is a world of difference

Dumped my last shitcoins and went all XMR! Feels good man.

Now if I want to swing and daytrade my xmr can I do that via cakewallet?

#monero-markets:monero.social

<monero2k2[m]> "Dumped my last shitcoins and..." <- Debating doing this myself. Still holding on to some ltc because of their upcoming privacy update

<cmdrbergger[m]> "Debating doing this myself..." <- When is that happening? If we’re in a bear market, be prepared for severe downward movement in all crypto. So if you go all in be careful. If you don’t need the funds right now and your longterm like 4-5 yrs you should be good just monitor news about crypto and privacy coins.

<crypto_grampy[m]> "Mining farms are bad, botnets..." <- Atleast should increase ram requirements, that will remove botnets off network

❤️ botnets. If we could lower the RAM requirements we'd have every shady insecure IoT device mining XMR. Very environmentally friendly

<nikg83[m]> "Atleast should increase ram..." <- yeah why remove botnets? they are *really* decentralized and highly unlikely to be shutdown unlike some "legitimate mining rigs"

<ZombieMaster[m]1> "yeah why remove botnets? they..." <- Few actors control botnets, how Is that decentralised?

<nikg83[m]> "Few actors control botnets..." <- What size are you referring to approximately when you say "few"? And even if there are few actors they still are in possession of potentially 10-100m devices with a wide range of hardware specs and capabilities and in their totality fully topologically decentralized. When some are shutdown others will quickly take over and as long as a specific coin is their preference of mining

then as an entity it is truly decentralized and uncensorable. If you can think of anything more censorship resistant that all the botnets of the world combined, let me know :)

s/that/than/

"Few actors control botnets" a few hundred actors. At least.

Its also a fact that most insecure devices are already mining monero and its likely their numbers will go down rather than up

There won't suddenly be a huge botnet with a large chunk of hashrate

Only through some kind of fucked windows update making millions of devices insecure and that would have such a big impact, Microsoft could probably roll it back remotely.

<sech1> ""Few actors control botnets" a..." <- Few hundred, still not 1cpu 1vote

Well yes

White paper doesn't say you can't have more than 1 CPU, no?

Don’t see why high ram requirement should not be pursued? It’s not like ram is scarce or centralised like asic

It's still 1 cpu 1 vote, even if someone accumulated 25k CPUs via malware they wrote

monerobull[m]1: At almost zero cost to mine xmr

You are not valuing xmr if someone is free to be allowed to run botnets

I see this as free security

nikg83: requiring high end spec for miners isn't really going to help people with older hardware no?

I still got 16 gb of ram on my workstation

Half of botnet hashrate comes from hacked servers, increasing RAM requirement won't stop them

servers have a lot of RAM

Botnets take paychecks of people outside of our ecosystem and turns them into hashrate an attacker needs to overcome. The more power costs, the less people from inside the ecosystem mine, but not botnets

Also immune to regulations against PoW

Botnet lives matter.

you can't ban miners when miners are already illegal

^

^

> <@zombie_master:halogen.city> nikg83: requiring high end spec for miners isn't really going to help people with older hardware no?

> I still got 16 gb of ram on my workstation

Adding another 16gb doesn’t work ? Even 16gb limitation should be good, but will need to be tweaked again down the line

also, an egalitarian (accessible to everyone) PoW is the best PoW. Allowing everyone to mine ensures the best decentralization. Everyone includes botnets too.

sech1: Highly doubt it, it’s mostly carded servers you are talking about

log4j

hacked servers added 500 MH/s since December

Monero mining should be accessible for everyone with a CPU, also with low spec and older hardware. Most people still have 4 GB or 8 GB RAM and can't afford to upgrade to 32 GB (which may require an upgrade of their other hardware too).

anarkiocrypto[m]: 16gb ram is cheap and compatible to older hardware

Requiring expensive high end hardware would also centralize mining, like how expensive ASICs centralize Bitcoin mining.

sech1: Heh, nice

My laptop can support 8 GB max. And AFAIK 16 GB RAM costs around $80, not cheap.

also ASICs are impossible with randomx

Dude more ram limitation doesn't do anything if a compromised server has 2000 GB of ram

monerobull[m]1: More old pcs than servers that are vulnerable to be used as botnets

Why do you even want to limit who can mine Monero?

Nothing wrong with old PCs.

1 hacked server can make up for 50 old PCs in terms of hashrate

<nikg83[m]> "You are not valuing xmr if..." <- you are not valuing xmr if you are valuing centralized control and exclusionary policies

anarkiocrypto[m]: Can you mine iot devices mine right now ?

ZombieMaster[m]1: Fitiing name lmao

nikg83[m]: No

iot devices probably no, but Raspberry Pi 3 - absolutely

monerobull: :)

monerobull[m]1: Because it’s limited by ram, let’s lower it down too

I don't own any IoT devices and these are generally expensive new hardware. I am talking about older laptops and desktops.

nikg83[m]: Pretty sure 2gb is just randomxs minimum specs

modern phones (less than 5 years old and with 4 GB of RAM) can mine RandomX efficiently too

You should be able to mine Monero on anything that has a CPU. It may be slow or unprofitable, but this is the user's decision, not a centralized dev decision.

sech1: Efficiency against botnets ? Really

Many people are even mining at a loss with old computers, but this is their decision and they should be able to make it.

Google tv Chromecast should technically be able to do it :P

Even highend cpus are not that profitable after power cost

Due to botnets

No

botnets are not going anywhere even if they can't mine RandomX. They'll be doing their malicious botnet things anyway

Due to monero being undervalued

why exclude them? It will only hurt Monero decentralization

anarkiocrypto[m]: And tons of them don’t mine it with their cpu because it’s not worth and botnets can keep securing the network

Botnets mining monero also makes monero botnet resistant. You won't ddos your free moneyprinter

monerobull[m]1: Undevalued because big miners (asic) left and they don’t keep price in check to keep it profitable

See xmrbtc after first anti-asic fork

Also don't exclude regular people who want to voluntarily mine Monero with older hardware (and can't afford to upgrade). If you don't like botnets, educate people about anti-virus.

> <@nikg83:matrix.org> Undevalued because big miners (asic) left and they don’t keep price in check to keep it profitable

> See xmrbtc after first anti-asic fork

Moonbois get out

> <@nikg83:matrix.org> Undevalued because big miners (asic) left and they don’t keep price in check to keep it profitable

>

> See xmrbtc after first anti-asic fork

and why do you believe the hard fork happened in the first place?

Definitely not because of ASICs. That'd be hearsay.

monerobull[m]1: Was replying to your question of being undervalued, keep running your botnets I don’t care

I am looking forward to 0.0009

There's #monero-markets for price action discussions. ;-)

"Monero is performing badly because botnets mine with free power, stop them!" Is what you are saying

"big miners (asic) left and they don’t keep price in check to keep it profitable" you have problems with logic

Don't use quotes if you are not actually quoting something. Reads as if you are putting your own interpretations, within quotes.

monerobull[m]1: No, I am saying get real miners ; they contribute more that botnets

miners sell coins they mine, they don't keep the price

^

Real holders work for it , botnets mine at no cost

to keep the price, they'd have to buy more coins than they sell

what's the point?

No real holders have upkeep

see Zcash price action to see where it's going together with big ASIC miners

Botnets can horde coins till a greener day

sech1: Sure keep buying 200xmr/day forever

nikg83[m]: Bruh.

I'd be happy to if I had enough $$$ to do this

There are literally 50 million dollars of btc block reward each day

Monero is 100k

more like $75k at current prices

monerobull[m]1: And nobody wants to buy or can buy 😅 once cex go , no volume either

nikg83[m]: OK rattie you may get back to r/xmrtrader

monerobull[m]1: Ok 👌

Finding ways to pump the price will do much more for dedicated home miners and decentralized than any tweaking of RAM requirements

Ah... Number go Up technology...

Elon tweet rocket price propulsion

lol.

Circular economies and merchant acceptance > price alone

Circular economies also increase the amount of transactions, therefore more profits for miners.

Illegal on Matrix, again.