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m-relay<monero_e:matrix.org> Just throw a non dev suggestion here
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m-relay<monero_e:matrix.org> Isnt it possible to make the same merge mine pool and compete with the exist qubic.org pool?
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m-relay<rbrunner7:monero.social> If you "mine" Qubic the reason you earn more than with mining Monero directly is not merge mining. The reason you earn more is that they pay you in Qubic, and right now those coins that you get are worth more than the XMR you would earn by mining directly. Considerably more.
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m-relay<rbrunner7:monero.social> If you were a billionaire you could set up a pool and pay every Monero miner the difference out of your own pocket. *That* would work :)
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m-relay<rbrunner7:monero.social> About 1 million USD per day would do the job nicely.
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m-relay<rbrunner7:monero.social> With that you would blow Qubic out of the water
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m-relay<monero_e:matrix.org> So atm someone is paying for miners more than what the protocol release?
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m-relay<monero_e:matrix.org> Because if not then why isn’t it possible to do the same and cut some of qubic..org hashpower
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m-relay<monero_e:matrix.org> Something here dosent make sense to me
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plowsofa video from Rabid Mining reg profitability of mining monero / qubic and other coins yewtu.be/watch?v=9BQglj6CEW0
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m-relay<monero_e:matrix.org> You said “The reason you earn more is that they pay you in qubic” I dont understand how does it effect the profitability as long as they dont add an extra payment besides mining rewards
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plowsofthe above video provides some easily digestible info regarding this
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m-relay<monero_e:matrix.org> Didn’t understand from the video how its possible maybe because of my poor knowledge in mining but in 7:49 it seems like this guy didn’t figure it as well
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m-relay<monero_e:matrix.org> “I dont know where all that money is coming from”
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plowsofcan only speculate for now but the person behind it has money to burn for marketing. We've seen people announce plans to attack monero (via spam) and them receiving funds to do it (last one i seen was on twitter)
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niocpaying people to do something, what a novel idea
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m-relay<monero_e:matrix.org> Anyway im preparing my old mining setup. but even if we get tons of solo miners hash power which dosent mine for profit its not a systematic solution for this embarrassing attack.
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m-relay<monero_e:matrix.org> Long term solution i see is to legitimise the pumping price attitude that the rest of this market have but in a more cypher punk way.
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m-relay<gingeropolous:monero.social> time to pamp
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m-relay<m__e:matrix.org> ok
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m-relay<gingeropolous:monero.social> pamp all the things.
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m-relay<hbs:matrix.org> Unfortunately the Bogdanoff brothers are dead now!
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m-relay<hbs:matrix.org> So who you gonna call?
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m-relay<monero.arbo:matrix.org> There's almost 0.22 BTC in the general fund, time to dump it =P
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m-relay<monero_e:matrix.org> Monero community include a lot of people who want to contribute but don’t have the technical skills for that.
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m-relay<monero_e:matrix.org> We need to gather up and become a marketing team, focused more on adoption and less on social media like other projects.
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m-relay<monero.arbo:matrix.org> do it (:
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midipoetthere is #monero-outreach channel. they initially tried to do this, but it lost some steam after some time
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midipoetoutreach was also a work group
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m-relay<monero_e:matrix.org> I would glad to open a new group targeted specifically to monero marketing.
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m-relay<monero_e:matrix.org> If someone here would join it please react.
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ruidxthis is a very good idea
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ruidxI would join, educating people of how to use it and benefits of it is the key
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m-relay<17lifers:matrix.org> there was a monero sticker here. a rando slapped a bitcoin sticker over it. classic example of bitcoin elitism.
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ruidxmonero has monerochan, but bitcoin has no bitcoinchan
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m-relay<17lifers:matrix.org> it has been forever since a monerochan has been drawn (not using ai)
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ruidxI haven't seen many ai monerochan tho
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m-relay<17lifers:matrix.org> => old.reddit.com/r/monerochan
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m-relay<monero.arbo:matrix.org> guys monerochan is terrible fucking incel ass marketing
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ruidxthe concept of monero maskot already exist, it's nice imo
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ruidxnonono, monero.arbo, you don't understand
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ruidxit's perfect
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m-relay<17lifers:matrix.org> well
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m-relay<17lifers:matrix.org> wouldnt work
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m-relay<17lifers:matrix.org> monero is illegal in japan
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ruidxor you have any other non-cartoon suggestions
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m-relay<17lifers:matrix.org> lol
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ruidxanime is not illegal in japan
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ruidxat least
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m-relay<system> file Marmot-edit1-3491340977.jpg too big to download (2005363 > allowed size: 1000000)
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m-relay<monero.arbo:matrix.org> Marmot-edit1-3491340977.jpg
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m-relay<monero.arbo:matrix.org> The Monero Marmot
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m-relay<17lifers:matrix.org> ..
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m-relay<17lifers:matrix.org> ofc not
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m-relay<17lifers:matrix.org> i wonder how this japanese dude selling japanese stuff for monero on xmrbazaar makes it legal
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ruidxI don't see matrix images, please share on catbox.moe if you don't mind
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m-relay<monero.arbo:matrix.org> it's jsut a picture of a marmot
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m-relay<monero.arbo:matrix.org> anyway I don't think Monero is illegal in Japan
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ruidxmarmots are nice
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ruidxapproved
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m-relay<17lifers:matrix.org> privacy coins are illegal in japan
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ruidxjust joking, im nobody here
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m-relay<monero.arbo:matrix.org> u got a link on that?
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m-relay<17lifers:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/OsweJDKKSMOwTLaTzLaPWxDv
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m-relay<17lifers:matrix.org> many of them in fact
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m-relay<monero_e:matrix.org> Google
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m-relay<monero.arbo:matrix.org> yeah thanks I am aware of Google but was seeing conflicting info so snarkily posting some lame search results isn't really helpful
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m-relay<17lifers:matrix.org> well take the coindesk one then. theyre reputable you know
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m-relay<monero.arbo:matrix.org> lol
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m-relay<17lifers:matrix.org> so here it is.
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m-relay<17lifers:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/YyfXeKLslqBdCutPKgfZXFID
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m-relay<17lifers:matrix.org> so monerochan doesnt work for its target audience
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m-relay<17lifers:matrix.org> xd
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m-relay<monero.arbo:matrix.org> yeah I'm seeing the stories from 2017/2018 but while they call it a ban, it seems to just be targeting exchanges, which is usually how these things work
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m-relay<monero.arbo:matrix.org> I don't know that it's explicitly illegal to hold or buy
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m-relay<17lifers:matrix.org> people gon become scared to own >.<
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m-relay<monero.arbo:matrix.org> anyway there's more weebs outside of Japan than in Japan, but I don't think the problem with monerochan is the anime style, it's that it's nakedly using boobs / sex to sell like a marketing campaign come up with by a damn 13 yo boy
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m-relay<monero.arbo:matrix.org> it's cronge af
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m-relay<monero.arbo:matrix.org> it's cringe af
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m-relay<17lifers:matrix.org> oh? sucks for you :3
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m-relay<monero.arbo:matrix.org> sucks for XMR
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m-relay<17lifers:matrix.org> and everyone knows monero as that coin used by 31337 h4x0rs to mine in cracked game installers
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m-relay<17lifers:matrix.org> it got a shit reputation and it will always have it
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ruidxfrom point of view of a regular user, it doesn't matter what coin is being mined, the only thing that matters is that it's `crypto miner`
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ruidxas I heard many silent miners use Zephyr for CPU
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m-relay<17lifers:matrix.org> zeph is rx too
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m-relay<17lifers:matrix.org> will public advertisement billboards work? no theyre gonna get destroyed by people against crypto
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m-relay<17lifers:matrix.org> ugh, what other ideas exist...
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ruidxmonero billboards will be pelted with tomatoes you think? xd
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ruidxit would be nice to see tho, but advertising use cases is even better, mullvad has nice ads reddit.com/r/mullvadvpn/comments/18cczyy/mullvad_ad_in_the_subway
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ruidxand they accept monero, imo the best advertisment, but not direct tho
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ruidxbtw someone knows if proton already added monero support or no?
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m-relay<17lifers:matrix.org> not added :)
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ruidxdangit
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m-relay<17lifers:matrix.org> :3
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m-relay<monero.arbo:matrix.org> supposedly it's in the works
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m-relay<17lifers:matrix.org> well yeah in the summer roadmap
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m-relay<17lifers:matrix.org> whats the season right now
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m-relay<17lifers:matrix.org> yes thats right summer
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m-relay<fullninja:matrix.org> matrix.to/#/!yXCZgkZQEcCsXceEZC:matrix.org?via=matrix.org
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m-relay<alfieedwards:monero.social> Maybe it is nonsense and FUD, but it does affect prices and chaos had it's effects in form of many new articles about it on crypto news websites. While I do also believe it does not have much chances in reaching 51%, this situation definitely highlights important problem with centralized mining pools. This time it is a warning, next time a bigger, government funded attack may have<clipped messag
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m-relay<alfieedwards:monero.social> more luck in reaching 51% attack goal.
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m-relay<fullninja:matrix.org> Join
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m-relay<alfieedwards:monero.social> I have a post draft to share with you all. Before anyone will ask, yes, I have written text myself and I have used LLM to just improve writing style...
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m-relay<alfieedwards:monero.social> I would like to present an idea for a new initiative that could serve as an effective solution to the recent economic threats posed by malicious mining pools, which are primarily driven by financial gain. Given that these attacks are economic in nature, I believe the community should respond with economic strategies, in addition to technical mitigations.
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m-relay<alfieedwards:monero.social> As we know, P2Pool is a well-established solution for mitigating 51% attacks. However, its share in block distribution remains relatively low, currently around 5% according to data from MiningPoolStats, despite the community's efforts to promote it. Since we cannot convince everyone, particularly those motivated solely by material gain, I propose two potential solutions:
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m-relay<alfieedwards:monero.social> A) Algorithmically incentivize P2Pool usage: Implement a built-in feature in Monero that provides miners using P2Pool with an additional percentage of the standard reward for each mined block. This would enhance the profitability of mining through P2Pool and encourage more miners to choose it over centralized mining pools.
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m-relay<alfieedwards:monero.social> B) Community Reward System: Establish a community reward system independent of the Monero software that would reward each miner who successfully mines a block using P2Pool. The community could create a fund through donations, allowing miners who utilize P2Pool to sign up for a chance of additional income. This could take the form of a fixed prize for each block mined or operate like a jackpot.
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m-relay<alfieedwards:monero.social> Since cryptocurrency prices can fluctuate significantly each day, and Monero's price reportedly decreased by 5% due to mere rumors, I believe that a donation of 1% to such a fund is relatively a low cost in exchange for ensuring almost completely decentralized block distribution.
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m-relay<alfieedwards:monero.social> I welcome your feedback on this proposal. I am considering sharing it on platforms such as Reddit, Lemmy, and Pleroma.
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niocwhy would I pay someone to mine monero?
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m-relay<alfieedwards:monero.social> To protect the network against 51% and thus estimated price your funds.
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m-relay<alfieedwards:monero.social> To protect the network against 51% and thus estimated price of your funds.
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ruidxI will go futher, imlement p2pool in xmrig
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niocthere already is a GUI for p2pool
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ruidxbtw, I haven't tried yet, is it possible to use p2pool with remote node? instead of remote pool
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ruidxppl use pools because you don't need to download blockchain imo
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niocnot saying that having it in xmrig itself is not a good idea
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niochaving to pay insurance in the form of paying miners so that they get monero that they will then sell is not a good idea
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plowsofa GUI uniting P2pool and Xmrig sounds great
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m-relay<alfieedwards:monero.social> Second solution is basically building a casino to promote using P2Pool. Another variant is that P2Pool miners could sign up for it by small XMR fee as a ticket, to take part in such lottery. A casine that won't make any profits, existing just to promote P2Pool.
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m-relay<alfieedwards:monero.social> Second solution is basically building a casino to promote using P2Pool. Another variant is that P2Pool miners could sign up for it by small XMR fee as a ticket, to take part in such lottery. A casino that won't make any profits, existing just to promote P2Pool.
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m-relay<alfieedwards:monero.social> There are many shitcoins that promote mining their coin by various giveaways, and it is effective.
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plowsoftell your LLM about xmrvsbeast.com/p2pool
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niocxmrbeast already runs something like that on p2pool
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niocI don't have a LLM, I only have Cat
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niocCat is also the reason I mine
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ruidxwow actually gupax already has p2pool + xmrig with ability to mine using remote node 🤯
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nioc:)
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ruidxmonero never stop surprising me
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m-relay<alfieedwards:monero.social> Why the most used pool is still supportxmr then?
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m-relay<17lifers:matrix.org> supportxmr admin good guy
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m-relay<17lifers:matrix.org> always responds to support questions
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m-relay<17lifers:matrix.org> never has downtime
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m-relay<alfieedwards:monero.social> Is using P2Pool still less profitable or just initiatives like XvB badly communicated, too complicated for average user to set up?
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ruidxI have a guess, people just see default config pointing to centralized pools, xmrig wizard (for config builds) has noinfo about p2pool (afaik)
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ruidx17lifes: of course pool owners only one who won't be happy if ppl start using p2pool
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m-relay<17lifers:matrix.org> fun fact
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ruidx17lifers*
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m-relay<17lifers:matrix.org> the only people who use tls verification string in xmrig are hashvault users
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m-relay<17lifers:matrix.org> because thats included in the hashvault config generator
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m-relay<17lifers:matrix.org> average xmr miner is from tiktok. tiktok like "how to earn free money forever". it has step by step instructions how to download xmrig and set it up without touching cmd because they dont know any better
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ruidxalfieedwards: too complicated for average user to set up? <- it can be solved by giving average users setup bash script, they can do `curl -O + chmox +x + ./` for sure
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ruidxsimple script that detects os, downloads dependencies and start mining
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m-relay<17lifers:matrix.org> "bash script" well uhh assume linux users know tech, they surely know how to xmrig
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ruidx+ add p2pool information to xmrig wizard
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m-relay<17lifers:matrix.org> linux is at 2-5% market share yknow
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m-relay<17lifers:matrix.org> xd
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ruidxhm, actually yeah, but for windows users gupax
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m-relay<17lifers:matrix.org> so yes
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m-relay<17lifers:matrix.org> thats the solutio
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m-relay<17lifers:matrix.org> thats the solution
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m-relay<17lifers:matrix.org> next
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m-relay<alfieedwards:monero.social> More likely is fact that Gupaxx and XvB are almost unknown to the world: trends.google.com/trends/explore?q=gupaxx&hl=en-US
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m-relay<alfieedwards:monero.social> trends.google.com/trends/explore?q=…xx,Qubic,XMRvsBeast,P2Pool&hl=en-US
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m-relay<17lifers:matrix.org> someone go make tiktok spambot to make monero popular
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nioclol
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niocnned to get the bots to use montero
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nioc*need to
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m-relay<17lifers:matrix.org> and well, the stats arent good
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m-relay<17lifers:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/uMMeGzaAWIEMLDCbRfNPHqXy
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m-relay<17lifers:matrix.org> theres no way theres only activity on those two days
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m-relay<17lifers:matrix.org> and qubic is a bad name so itll have bad stats too
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ruidx17lifers: can you share on some image hosting please? don't see matrix
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m-relay<17lifers:matrix.org> well just open the gupaxx link trends.google.com/trends/explore?q=gupaxx&hl=en-US
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m-relay<17lifers:matrix.org> its a screenshot of that page's graph
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ruidxoh alr
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m-relay<alfieedwards:monero.social> > Numbers represent search interest relative to the highest point on the chart for the given region and time. A value of 100 is the peak popularity for the term. A value of 50 means that the term is half as popular. A score of 0 means there was not enough data for this term.
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m-relay<17lifers:matrix.org> well
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m-relay<17lifers:matrix.org> what prize do we give the two people who searched gupaxx
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m-relay<lordx3nu:matrix.org> Vid I made about renting hash rate: youtu.be/IAHVpV1LG18
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m-relay<17lifers:matrix.org> yeah we know also has been posted on the xmr r/
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m-relay<lordx3nu:matrix.org> Does anyone know what the rented hash usually is? If it went up after I released that video then I am going to take all the credit :p
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m-relay<17lifers:matrix.org> step 1: rent
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m-relay<17lifers:matrix.org> step 2: use profits to rent more
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m-relay<17lifers:matrix.org> step 3: loop
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m-relay<17lifers:matrix.org> there, monero is saved
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m-relay<alfieedwards:monero.social> One way would to be have a link "How to mine Monero in the most profitable way" on /r/Monero as a sticky. Because without reach it won't have effect and P2Pool share will stay at 5%
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m-relay<17lifers:matrix.org> yes
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m-relay<17lifers:matrix.org> perfecc
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m-relay<alfieedwards:monero.social> I have a few dedicated servers with high CPU, I will soon try XvB
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m-relay<17lifers:matrix.org> it is a legal requirement for everyone to mine xmr >.<
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m-relay<fullninja:matrix.org> matrix.to/#/#moneromarketing:matrix.org
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m-relay<17lifers:matrix.org> ok i'll enjoy being one of the first members
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m-relay<fullninja:matrix.org> Join the monero marketing team
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m-relay<17lifers:matrix.org> i-i-i did dont kill me
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m-relay<17lifers:matrix.org> ;-;
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m-relay<drinksomemilk:matrix.org> Lots of shills and bots with qubic inv.nadeko.net/embed/9BQglj6CEW0 Even this semi big mining youtuber
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m-relay<17lifers:matrix.org> u cant see comments in the embed view you know
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m-relay<17lifers:matrix.org> and also: just use youtube
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m-relay<17lifers:matrix.org> waste google's bandwidth loading all the assets
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m-relay<17lifers:matrix.org> :3
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m-relay<drinksomemilk:matrix.org> Didnt want to help the video with the algo
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m-relay<fullninja:matrix.org> Xenu join the marketing team
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m-relay<fullninja:matrix.org> will keep it as anti moonboy as possible
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m-relay<fullninja:matrix.org> @lordx3nu:matrix.org
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m-relay<fullninja:matrix.org> 👆
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m-relay<17lifers:matrix.org> make a change.org petition for xenu to join it
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m-relay<17lifers:matrix.org> but atleast we have 3 mems here
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m-relay<17lifers:matrix.org> yay
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m-relay<17lifers:matrix.org> thats cool
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m-relay<17lifers:matrix.org> but atleast we have 3 mems there
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m-relay<alfieedwards:monero.social> Is there any simple tutorial on Gupaxx + XvB to share?
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m-relay<17lifers:matrix.org> make a reddit sticky. it's that easy. support questions can be answered in the post's replies.
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m-relay<17lifers:matrix.org> destigmatize crypto being for hackers only
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m-relay<17lifers:matrix.org> bring back human drawn monerochan art, everyone forgot about it
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m-relay<17lifers:matrix.org> old.reddit.com/user/XMRArtFund see the last activity
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m-relay<alfieedwards:monero.social> I have found moneroguides.org/tutorials/00x03-mi…ing-monero-p2pool-quick-start-guide but it might falsely state to use original Gupaxx for XvB while XvB requires Gupaxx fork from Cyrix126 repo?
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m-relay<alfieedwards:monero.social> Plus a youtube tutorial youtube.com/watch?v=HiyItDKbEAo is also for original Gupax, not mentioning XvB
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m-relay<alfieedwards:monero.social> I have found moneroguides.org/tutorials/00x03-mi…ing-monero-p2pool-quick-start-guide but it might falsely state to use original Gupax for XvB while XvB requires Gupaxx fork from Cyrix126 repo?
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m-relay<alfieedwards:monero.social> sethforprivacy.com/guides/run-a-p2pool-node is also quite popular, but also not mentions XvB
2 hours ago