16:18:58 hi 16:19:24 in one day how many moneros are produced 16:20:03 Approximately 432 I think. 16:20:07 0.6 X 30MIN X 24HOURS ?? 16:20:29 yes 16:20:41 Your units are wrong, but the numbers match :) 16:21:16 0.6 xmr x 720 blocks/day 16:22:03 for eternity 16:22:10 and beyond 16:22:56 yes 432  = 54821  euro 16:23:53 until now there are 21million produced 16:23:58 right? 16:24:23 I believe there are less. 16:24:31 around 18 million 16:25:27 CMC says 18,201,032.97 XMR 16:26:15 Not sure if this updates though. 16:26:27 sounds right 16:26:42 when this unchangeable block reward of 0.6 start how many moneros were produced ? 16:27:54 17million 16 ? 16:30:23 what inflation monero has and is this possible to change 16:31:06 the emission schedule has not changed since it was launched and will not change 16:32:25 how much is 16:32:28 2,3 16:32:48 current inflation rate? 16:32:53 yes 16:32:56 easy enough to calculate 16:33:16 and before 18million produced 16:33:50 there are charts somewhere but I don't remember where 16:35:31 432 * 100 / 18.4e6 * 365 16:35:35 ~ 0.85% 16:35:39 (yearly) 16:36:29 before 18millions? 16:37:04 This question is unintelligible. Rephrase. 16:37:38 before changing block reward 16:39:32 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%. 16:40:30 and it will continue to go down smoothly, slowly. 16:41:24 you mean that this 0.6 will go down slowly 16:41:41 No. The 0.6 / supply ratio will. 16:42:34 less than 432 moneros daily? 16:47:00 what 100 represent here 432 * 100 / 18.4e6 * 365 16:48:28 .calc zomgsohigh+12.5 16:48:28 Mochi101: ERROR: Unrecognized variable: 'zomgsohigh' 16:49:02 It is a conversion factor from a ratio to a percentage. 16:49:48 Are you good at math moneromoooo? 16:50:44 Probability calculation to be exact... 16:51:03 Good enough to know how to convert a ratio to a percentage :P 16:51:23 I need to find an expert in probability... 16:51:33 Thank you 16:52:04 You can probably find about one if you're lucky. 16:52:22 Probably hey. 16:52:24 inflation is < 1% 16:52:37 (I am definitely not one fwiw) 16:52:46 All Central Banks says that ideal inflation is around 2% 16:52:53 Oh jeese, I thought you were making a joke moneromoooo. 16:53:00 I was :( 16:53:06 ok good! 16:53:08 :D 16:53:11 Probably. 17:02:06 Guest6 https://p2pool.io/tail.html 17:03:29 Guest6 and you beleve what central banks say? 17:12:37 no of course 17:13:59 as2333, do you? 17:14:39 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. 17:24:13 exactly 17:24:42 one word "counterfeiting" 17:24:50 official counterfeiting......... 17:25:35 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. 17:28:28 Inflation's super high. I wanted to buy something at about .95 monero a couple weeks back, it now costs about 1.12 monero :/ 17:28:53 jfc 17:29:12 So I'm wondering whether to wait and hope for prices to go down again. 17:29:57 moneromoooo, I'll give you .95 Monero for your 1.12 Monero to counter inflation. Just tell me how much you want to process. 17:30:57 Hmmm. Interesting. But not quite interesting enough. How about... those .95 for 0.85 instead of 1.12 ? 17:32:01 I'm trying to absorb the inflations, so my bags should get bigger from this... That's how inflation worls my friend. 17:32:19 inflate my bags 17:32:42 Take a hamster course ? They'll teach you to inflate your bags. 17:32:56 interesting 17:40:23 inflation always goes up, so betting against it is a sound investment 17:42:41 'creation' of government money is inflation by definiont. The term is also used to refer to the increase in prices that follow 17:43:49 But will inflation stop at some point ? It all depends on the curvature of the economy. 17:44:22 If not, there'll be a big credit crunch. 17:44:30 no, they always need to print more money to pay the bills xD 17:47:24 Flat Economy Theory 17:48:14 another example of inflation, mooo is now moooo 17:48:33 I did notice that a while ago. I'm not sure how that ended up being. 17:48:43 Maybe I'm an impostor. 17:49:19 IIRC the old mooo identified as fluffypony. 17:49:23 this is what I see... moneromooo 17:49:35 Modern Moo Policy 17:49:53 so the original is still there, somehow you changed your neck 17:49:59 *nick 17:51:46 Better a short neck than a short 17:51:48 nvm 17:52:15 Longer makes it easier to browse. 17:53:10 Should have been a giraffe. 17:53:33 I am not *that* Lamarckian. 19:28:51 lol 19:29:54 https://blog.bitmex.com/bitcoin-sv-hardfork-significant-security-risks/ 19:31:09 it still exists? 19:33:08 Bitmex or Bitcoin sv ? 19:35:39 bsv 19:35:58 i'm shocked when i see anyone discussing bsv or bch 19:36:22 I'm shocked Craigh Wright is still not in jail (is he not ?) 19:38:33 maybe they can get him on purjury? 19:46:04 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. 19:47:05 I thought the court cases were in England 19:47:15 could easily be wrong :) 19:47:16 while (money--) sleep(1); jail(); 19:48:23 the latest 2 or 3 were definitely europe 19:51:02 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 19:51:49 he also lost a 'defamation' case in england 20:16:29 gotta respect the guy's motivation 20:17:00 I wish I could have the motivation of a psycho 20:22:06 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. 20:22:29 all of the above 20:22:32 heh 20:44:36 How do I check if the machine is mining or not / how do I start mining? This is the output from monerod https://paste.debian.net/plainh/b128e11f 20:48:07 yang2: are you mining manually or did you enable background mining? 20:48:45 "mining_status" should tell you. Or "status". 20:49:31 I think it also logs in monerod when it starts. 20:51:54 Error: Unknown command 'mining_status', try 'help' 20:52:57 selsta: I only started "monerod", whcih seems to be synced now, and then I started manually "monero-wallet-cli" 20:53:38 seems it tried to start background mining but it failed to figure out if you are on battery so it didn't start 20:54:01 aha, no I am not on battery 20:54:06 so how do I disable that 20:54:24 Try --help, there's an option to ignore the battery check. 20:54:42 Though if mining_status is not in your veriosn, you might have other problems. 20:55:20 start_mining [] [bg_mining] [ignore_battery] ---> start_mining 2 bg_mining ignore_battery 20:55:24 so I type that? 20:56:25 you can start monerod with --bg-mining-ignore-battery and then it should work correctly 20:56:43 or add it to your monerod config `bg-mining-ignore-battery=1` 20:56:48 ok 21:04:47 https://paste.debian.net/hidden/f6940276/ 21:07:25 ok it seems to work now, according to "top" it uses 100% CPU on 2 cores 21:09:01 what is the difference between "start_mining" and "start_mining_for_rpc" ? 21:11:52 start_mining mines to the address you give. 21:12:25 start_mining_for_rpc starts mining to the address of the daemon you're connected to if that daemon requires micropayments for RPC service. 21:14:26 moneromoooo: weird that ther eis no command for "mining_status" 21:17:03 yang2, what do you want to see? 21:36:32 Mochi101: some kind of a progress bar / progress info about mining... 21:37:17 CLI needs a mining progress bar. :D 21:39:24 or some kind of statistics? 21:43:49 moneromoooo: what information is supposed to be in "mining_status" ? 21:48:12 your hashrate 21:49:57 so why doesn't the official version have this feature? 21:53:36 because the miner inside monerod isn't meant for professional mining 21:54:16 the GUI has some statistics, and using something like xmrig (dedicated mining softtware) will give you even more statistics 21:55:28 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 21:57:11 ah ok 21:59:41 selsta, 363 days left (with 100% luck) 22:01:48 thank you for clarifying