hi

in one day how many moneros are produced

Approximately 432 I think.

0.6 X 30MIN X 24HOURS ??

yes

Your units are wrong, but the numbers match :)

0.6 xmr x 720 blocks/day

for eternity

and beyond

yes 432  = 54821  euro

until now there are 21million produced

right?

I believe there are less.

around 18 million

CMC says 18,201,032.97 XMR

Not sure if this updates though.

sounds right

when this unchangeable block reward of 0.6 start how many moneros were produced ?

17million 16 ?

what inflation monero has and is this possible to change

the emission schedule has not changed since it was launched and will not change

how much is

2,3

current inflation rate?

yes

easy enough to calculate

and before 18million produced

there are charts somewhere but I don't remember where

432 * 100 / 18.4e6 * 365

~ 0.85%

(yearly)

before 18millions?

This question is unintelligible. Rephrase.

before changing block reward

If you're asking how much the inflation rate was prior to the emission being floored, it was... smoothly decreasing, from a starting point of zomgsohigh%.

and it will continue to go down smoothly, slowly.

you mean that this 0.6 will go down slowly

No. The 0.6 / supply ratio will.

less than 432 moneros daily?

what 100 represent here 432 * 100 / 18.4e6 * 365

.calc zomgsohigh+12.5

Mochi101: ERROR: Unrecognized variable: 'zomgsohigh'

It is a conversion factor from a ratio to a percentage.

Are you good at math moneromoooo?

Probability calculation to be exact...

Good enough to know how to convert a ratio to a percentage :P

I need to find an expert in probability...

Thank you

You can probably find about one if you're lucky.

Probably hey.

inflation is < 1%

(I am definitely not one fwiw)

All Central Banks says that ideal inflation is around 2%

Oh jeese, I thought you were making a joke moneromoooo.

I was :(

ok good!

:D

Probably.

Guest6 p2pool.io/tail.html

Guest6 and you beleve what central banks say?

no of course

as2333, do you?

I don't. At any rate, inflation of government money is different from inflation in a proof work system. Inflation of governmetn money is just outright counterfeiting.

exactly

one word "counterfeiting"

official counterfeiting.........

The rate of change of the money supply is not the same thing as inflation. Inflation is a rise in the general price level of an economy. Monero's tail emission cannot really be compared to central banks' target inflation rate for many reasons.

Inflation's super high. I wanted to buy something at about .95 monero a couple weeks back, it now costs about 1.12 monero :/

jfc

So I'm wondering whether to wait and hope for prices to go down again.

moneromoooo, I'll give you .95 Monero for your 1.12 Monero to counter inflation. Just tell me how much you want to process.

Hmmm. Interesting. But not quite interesting enough. How about... those .95 for 0.85 instead of 1.12 ?

I'm trying to absorb the inflations, so my bags should get bigger from this... That's how inflation worls my friend.

inflate my bags

Take a hamster course ? They'll teach you to inflate your bags.

interesting

inflation always goes up, so betting against it is a sound investment

'creation' of government money is inflation by definiont. The term is also used to refer to the increase in prices that follow

But will inflation stop at some point ? It all depends on the curvature of the economy.

If not, there'll be a big credit crunch.

no, they always need to print more money to pay the bills xD

Flat Economy Theory

another example of inflation, mooo is now moooo

I did notice that a while ago. I'm not sure how that ended up being.

Maybe I'm an impostor.

IIRC the old mooo identified as fluffypony.

this is what I see... <moneromoooo> moneromooo

Modern Moo Policy

so the original is still there, somehow you changed your neck

*nick

Better a short neck than a short

nvm

Longer makes it easier to browse.

Should have been a giraffe.

I am not *that* Lamarckian.

lol

it still exists?

Bitmex or Bitcoin sv ?

bsv

i'm shocked when i see anyone discussing bsv or bch

I'm shocked Craigh Wright is still not in jail (is he not ?)

maybe they can get him on purjury?

yep the fact that wright hasn't been jailed a long time ago should give a clue about the nature of the US 'justice' system.

I thought the court cases were in England

could easily be wrong :)

while (money--) sleep(1); jail();

the latest 2 or 3 were definitely europe

wrights quarrell with that other clown kleiman is in the US. The english courts said wright has the copyright to bitcoin's white paper or something like that

he also lost a 'defamation' case in england

gotta respect the guy's motivation

I wish I could have the motivation of a psycho

I wonder if he's literally insane, not realizing he's playing with fire, or else he's a master at playing the wholly corrupt system.

all of the above

heh

How do I check if the machine is mining or not / how do I start mining? This is the output from monerod paste.debian.net/plainh/b128e11f

yang2: are you mining manually or did you enable background mining?

"mining_status" should tell you. Or "status".

I think it also logs in monerod when it starts.

Error: Unknown command 'mining_status', try 'help'

selsta: I only started "monerod", whcih seems to be synced now, and then I started manually "monero-wallet-cli"

seems it tried to start background mining but it failed to figure out if you are on battery so it didn't start

aha, no I am not on battery

so how do I disable that

Try --help, there's an option to ignore the battery check.

Though if mining_status is not in your veriosn, you might have other problems.

start_mining [<number_of_threads>] [bg_mining] [ignore_battery] ---> start_mining 2 bg_mining ignore_battery

so I type that?

you can start monerod with --bg-mining-ignore-battery and then it should work correctly

or add it to your monerod config `bg-mining-ignore-battery=1`

ok

ok it seems to work now, according to "top" it uses 100% CPU on 2 cores

what is the difference between "start_mining" and "start_mining_for_rpc" ?

start_mining mines to the address you give.

start_mining_for_rpc starts mining to the address of the daemon you're connected to if that daemon requires micropayments for RPC service.

moneromoooo: weird that ther eis no command for "mining_status"

yang2, what do you want to see?

Mochi101: some kind of a progress bar / progress info about mining...

CLI needs a mining progress bar. :D

or some kind of statistics?

moneromoooo: what information is supposed to be in "mining_status" ?

your hashrate

so why doesn't the official version have this feature?

because the miner inside monerod isn't meant for professional mining

the GUI has some statistics, and using something like xmrig (dedicated mining softtware) will give you even more statistics

also finding a block will take you like a year or so on average with a regular computer, adding a progress bar for a year is nonsense

ah ok

selsta, 363 days left (with 100% luck)

thank you for clarifying