Revuo Monero. Issue 155: January 12 - 19, 2023. revuo-xmr.com/issue-155.html

It appears hashvault is now updating their block templates every 20 sec. Down from what previously looked to be ~50-55 sec. reddit.com/r/Monero/comments/10gapp…_delaying_monero/j52n5uc/?context=3

How does this work when solo mining on monerod?

kowalabearhugs-: Big if true. They had been updating about every two minutes. The histograms on my longer bog post tell the story: rucknium.me/posts/monero-pool-transaction-delay/#analysis

Hashvault has about 20% of total Monero hashpower

ofrnxmr: Updates once per second if solo mining: reddit.com/r/Monero/comments/10gapp9/comment/j52cwio

"Btw, solo mining with monerod should delay no more than 1 second."

- hyc

kowalabearhugs-: We will see it in future data if it's true

There is a report that MoneroOcean will also update faster: reddit.com/r/MoneroMining/comments/10gb98a/comment/j524qqf

Any thought on the idea of pools mining old blocks/txpools in attempt to reorg?

I saw that comment. I'm not sure, but I think it would just be a one-block re-org and the double-spend attacker would have to cooperate with a miner. The intended victim of the double-spend attack would have to accept a one-block confirmation for a large sum of XMR for the attempt to be worth it.

<Rucknium[m]> "There is a report that MoneroOce..." <- 60 seconds? That feels like a minute

Yeah, I was about to say, my brain is too tired to think deeply about it atm but similar sentiments right now

MoneroOcean allegedly said 30 seconds, not 60 seconds.

Yeah. Blocks are mined _after_ the next block is already ready

P2pool essentially mining both blocks at once

Maybe p2pool is actusly creating 1/2 as many coinbase as we thought 🙂

Er, half as many as it could have potentially been

whats a good site to see the hash distribution of pools? i want to see from time to time how many % of thet total hashrate p2pool has

miningpoolstats.stream/monero and p2pool.observer

Also poolbay.io/crypto/23/monero

Missing some or a pool though

Has nice pie charts

Nevermind. minexmr isn't updated anymore

<Rucknium[m]> "MoneroOcean allegedly said 30..." <- "Allegedly"

Thoughts on xmr switching to staking?

Is it possible or no?

#monero-offtopic:monero.social

alpharabius[m]: scam

Errrh

Proof of scam is not the way to go

plus how to you, you have to know... how much monero people have stalking for the proof of scam to work

proof of scam is eco-nazi-friendly tho

<alpharabius[m]> "Thoughts on xmr switching to..." <- possible if the community wants to

i prefer proof of work , they run just fine and don't have issues like on PoS

Monero is Asic resistant , so your worries about monero network controlled by rich people is absolute

anyone can mine with their cpu

* Monero is Asic resistant , so your worries about monero network controlled by rich people is not going to happened

anyone can mine with their cpu

Proof of scam just make is to the rich can buy it all and get most of the profit.

Proof of work, monero style, require planing and work, not only money. And even if you are rich, it's harder to say fill a room full of CPU (that each need motherboard, ram, power supply...) than just buying as much coin as possible and forgetting about it.

if monero becomes big, mining will have basically the same problems/centralization that bitcoin has

as2333: This is why the community has been pushing p2pool getmonero.org/2021/10/05/p2pool-released.html

xmrack[m] yes, but the centralization pressure comes from the underlying economic system. For instance, economies of scale.

almost everyone already has multiple monero miners... bitcoin miners require an increasingly expensive purchase

hm - you mean people have multiple high end amd cpus at home?

Hyc mined monero using his cars sound system. You can mine using anything

<Rucknium[m]> "There is a report that MoneroOce..." <- Report confirmed; reddit.com/r/Monero/comments/10gapp…g_pools_are_delaying_monero/j53p2v4

Rucknium[m] hashvault seems to update every 22 seconds now: p2pool.io/u/c095ec659c88a96d/image.png - see the timestamps and number of transactions for the last 3 jobs

so they're already struggling with keeping up the pace - it takes 2 seconds to send the new job to everyone

or maybe they have a timer that triggers every 2 seconds and there's an off-by-one error somewhere :D

MoneroOcean's 30 second update confirmed: p2pool.io/u/b425a31a0ffeb211/image.png

thanks for keeping an eye on this and sharing, nice

Nice how fast things get on the move.

👏 Rucknium:

Nice!! Thanks Rucknium

Thank you rucknium, great work. Also thank you pool admins that have already adjusted their software

Thanks, everyone :)

For anyone interested in helping contact the pools, 5 out of the 7 still need to update their templates and confirmed by the community.... (full message at <libera.ems.host/_matrix/media/v3/do…1bfd7b2072c63ca6c0c96f4bda607b6ef34>)

<as2333> "hm - you mean people have..." <- You don't need multiple high-end amd cpus to be competitive. You can do your part even with a single cpu (as long as it's efficient enough - so we're still talking abour Ryzen, but even a R5 3600 will do)

With asics, you need to spend ~2k-10k$ just to buy a single one of the latest gen, so the upfront cost to enter the game is way higher

This is part of the reason why Monero's mining profitability is so much lower compared to other coins - you need much higher profit margins on asic-mined coins

Just mine with the CPU you have

The reason is people have CPUs already and mine with them, they don't even buy for mining

so entry cost = 0

because PC is considered a common household item these days

<as2333> "hm - you mean people have..." <- You sent this message using a computer which is able to mine monero

You're not gonna make much profit

But ur helping le networm

s/networm/networc/

s/make/macce/

Networm, what a nice typo :)

That's my new name now

Networm

Favorite cryptowallet among monero traders?

For desktop or mobile, iPhone or android

Disciiple[m]: monero-wallet-cli

Hardware wallet I mean

or feather wallet

Im not storing jack on a linux pc lol

Desktops are garbage for security

xfedex[m]: Feather wallet you say?

Monero-wallet-cli

Thats also local and not a hardware wallet unfortunately

Im looking for a hardware wallet to store keys

Disciiple[m]: If you want extreme security then use a paper wallet

you can generate one with feather wallet (feather allows you to encrypt seed which is good for security as long as you remember the password)

Disciiple[m]: So youre going to store it on a piece of hardware created a centralized entity that you dont control

Paper wallet?

s/garbage/bad/

And I wasnt saying use a hot wallet, more saying "probably never read getmonero.org"

plowsof @plowsof:matrix.org: why does that still link to moneroaddress.org

ofrnxmr[m]: Yes

Precisely

Im not in charge of red hat but I still use their software

Disciiple: dont use moneroaddress.org, use the GitHub download link

<ofrnxmr[m]> "And I wasnt saying use a hot..." <- Whats getmonero.org

ofrnxmr good find, totally forgot to check that we're not linking to that after it 'changed hands'

who.is/whois/hsicshelter.org doesn't give any red flags 🐶 🐱

Basically, if the store only accepts ABC coin we can still pay with monero (or whatever other coin trocador accepts)

did the matrix server go down?

I'm on Matrix right now

negative ghost rider

<jeffro256[m]> "I'm on Matrix right now" <- in*

Morpheus, quick! Give me the red pill

💊

jeffro256[m]: Can you handle my red pill?

Haha

ofrnxmr That pill is half yellow. What are the yellow side affects?

Do you trust me?

like a house on fire

The yellow is just double strength

with half the side effects

The yellow pill is the same as the blue pill except you have extremely profound vivid dreams of life outside the Matrix, then immediately forget when you wake up

Nono, id never offer a blue pill

Plowsof wakes up and hes helping shape a multi billion dollar industry

WEF

Davos

Tomorrow meeting?

none planned, normally it is one every 2 weeks (so next saturday)

conflicts with WEF

yeah i figured it out i think