<m​onero_e:matrix.org> Sorry for the dump yall

<m​onero_e:matrix.org> Moved to the memed version

<m​onero_e:matrix.org> Will come bigger promise

<m​onero_e:matrix.org> Will come back bigger promise

<m​onero_e:matrix.org> Will come back bigger and stronger promise

<j​ohndoe427:matrix.org> US government is adopting Bitcoin as the new reserve currency, and 100 years down the road when Bitcoin is dying off Monero will replace it after yet another power struggle between Congress and the Senate. The rest of the world will then follow suit lol

<j​ohndoe427:matrix.org> That is my guess anyway haha

I am with you there johndoe

I think bitcoin has a fungibility issue

Like, is a freshly minted bitcoin "better" than an old bitcoin?

It has no transaction history

<r​ecanman:kernal.eu> Usually Jones_Felonious

that could mean something

<r​ecanman:kernal.eu> This issue has been known for a while

I Actually really like how stable XMR has been during this big btc bubble

the only thing I'm worried about with XMR is the mining pools getting centralized

I've been thinking of running my miners on several different pools for this reason

dollar is goind down so no monero isn't stable

at the very least monero's price should offset dollar inflation

fair point though I think the USD isn't swinging too wildly right now just yet

well it isn't swinging - it just keeps going down

<o​frnxmr:monero.social> A freshly minted btc would show that youre probably rich

<o​frnxmr:monero.social> Jones, you should just think about a) solo mining b) p2pool

<o​frnxmr:monero.social> Avoid pools entirely

I was thinking of solo mining but I need to build a new computer

Get a beast of a CPU and just keep it in my basement mining

I use supportxmr right now once I can get my money out I'll probably migrate to p2pool

<o​frnxmr:monero.social> So you use one of the 2 largest pools, lolz

<o​frnxmr:monero.social> Youre part of the problem

<o​frnxmr:monero.social> You dont need a beast cpu to solomine, you just need patience

<o​frnxmr:monero.social> you can use a remote node, tho a localnode is probably better

Well when I get back to my place I'll set it up to solo mine I think

<g​ooglemozilla:matrix.org> Never happening.

<g​ooglemozilla:matrix.org> Bitcoin is one of the most successful cons in history, surpassing even cases like Enron and Bernie Madoff's Ponzi schemes. I'm unsure whether it's due to a lack of understanding about its history or the influence of those who manipulate its price. If Bitcoin were to become the US reserve currency, it will grant significant control over the country to individuals and entities that <clipped message>

<g​ooglemozilla:matrix.org> collectively own a substantial portion of its supply, such as OG Bitmain and other major whales.

<j​ohndoe427:matrix.org> Someone doesn't read the news much 🤭

<g​ooglemozilla:matrix.org> Take everything politicians say with a grain of salt.

<j​ohndoe427:matrix.org> ... it isn't just the lying conmen in office mate..

<j​ohndoe427:matrix.org> They're all in it together

<j​ohndoe427:matrix.org> Remember 2020 when they told us so?

<j​ohndoe427:matrix.org> lol

<j​ohndoe427:matrix.org> And, regardless, I'll trust my forecasts over what I read in the news

<j​ohndoe427:matrix.org> I just find it funny the MSM is reporting what I forecasted 5 years prior

<g​ooglemozilla:matrix.org> Every time Bitcoin experiences a parabolic surge from blatant manipulation, I see exaggerated claims and unrealistic predictions emerge. However, history has shown that these claims are often fleeting, as the market inevitably corrects itself. You are being played by whales like GCR who make money from retail fools.

<g​ooglemozilla:matrix.org> By the way, #monero-markets:monero.social is more appropriate for this discussion.

<j​ohndoe427:matrix.org> lmfao okay buddy

<j​ohndoe427:matrix.org> I reported when btc was at 3500 EUR each lol

<j​ohndoe427:matrix.org> Love your ego and then deflection.

<j​ohndoe427:matrix.org> I have nothing more to comment on anyway

<j​ohndoe427:matrix.org> Was just sharing a thought

<j​ohndoe427:matrix.org> You carried on into a pointless ego driven debate

<g​ooglemozilla:matrix.org> Yes and the thought was rong.

<g​ooglemozilla:matrix.org> Yes and the thought was wrong.

<j​ohndoe427:matrix.org> .... Trump is that you?

<j​ohndoe427:matrix.org> heh

<g​ooglemozilla:matrix.org> I couldn't care less about politics. To be honest, I was just correcting your claim that Bitcoin would become the reserve currency for the US - it's highly unlikely to happen.

I kinda doubt that this crypto hype would mean guaranteeing safety for projects like Samourai or Localmonero, or stopping government usage of Chainalysis.

<j​ohndoe427:matrix.org> No absolutely not

<j​ohndoe427:matrix.org> Okay, well there seems to be a lot of momentum in that direction in recent years and it plays directly into the agenda of BRICS which is flowing along swimmingly. Anyway, agree to disagree, but I have been watching the world get closer and closer to using crypto to replace the US dollar. The only logical solution would be for the US government to officially announce Bircoin as the<clipped message>

<j​ohndoe427:matrix.org> new reserve currency at some point. Else another country will try to do so and dominate (as even Trump mentioned would be the case with China.) This is totally off topic now, but I suggest looking into how BRICS has very rapidly been shifting away from the US dollar as a reserve already and will continue to do so well into the future. Then use some critical thinking skills to fig<clipped message>

<j​ohndoe427:matrix.org> ure out the next logical moves major world governments must make...

<j​ohndoe427:matrix.org> Meh.

<j​ohndoe427:matrix.org> > <@googlemozilla:matrix.org> I couldn't care less about politics. To be honest, I was just correcting your claim that Bitcoin would become the reserve currency for the US - it's highly unlikely to happen.

<j​ohndoe427:matrix.org> Okay, well there seems to be a lot of momentum in that direction in recent years and it plays directly into the agenda of BRICS which is flowing along swimmingly. Anyway, agree to disagree, but I have been watching the world get closer and closer to using crypto to replace the US dollar. The only logical solution would be for the US government to officially announce Bitcoin as the<clipped message>

<j​ohndoe427:matrix.org> new reserve currency at some point. Else another country will try to do so and dominate (as even Trump mentioned would be the case with China.) This is totally off topic now, but I suggest looking into how BRICS has very rapidly been shifting away from the US dollar as a reserve already and will continue to do so well into the future. Then use some critical thinking skills to fig<clipped message>

<j​ohndoe427:matrix.org> ure out the next logical moves major world governments must make...

<j​ohndoe427:matrix.org> Meh.

<j​ohndoe427:matrix.org> > <@googlemozilla:matrix.org> I couldn't care less about politics. To be honest, I was just correcting your claim that Bitcoin would become the reserve currency for the US - it's highly unlikely to happen.

<j​ohndoe427:matrix.org> Okay, well there seems to be a lot of momentum in that direction in recent years and it plays directly into the agenda of BRICS which is flowing along swimmingly. Anyway, agree to disagree, but I have been watching the world get closer and closer to using crypto to replace the US dollar (then eventually a better crypto of course.) The only logical solution would be for the US gove<clipped message>

<j​ohndoe427:matrix.org> rnment to officially announce Bitcoin as the new reserve currency at some point. Else another country will try to do so and dominate (as even Trump mentioned would be the case with China.) This is totally off topic now, but I suggest looking into how BRICS has very rapidly been shifting away from the US dollar as a reserve already and will continue to do so well into the future. T<clipped message>

<j​ohndoe427:matrix.org> hen use some critical thinking skills to figure out the next logical moves major world governments must make...

<j​ohndoe427:matrix.org> Meh.

<j​ohndoe427:matrix.org> Switch to Offtopic if you want to carry on. Been following this for some time now. Half a decade or so very closely, but have obviously been very attentive since 2009 when Bitcoin was a wee little baby hovering around 10 USD a piece lol

your goto place to buy xmr for fiat?

<m​onerobull:matrix.org> used to be kraken, now haveno-reto.com

<a​dminstage:matrix.org> lt see good

I'm still using Kraken, but would love to use haveno other p2p, which p2p solution is simpler to use?

I wouldn't even think of surrendering my ID for this...

<m​onerobull:matrix.org> haveno is pretty simple if you have a computer and a little XMR

how long it takes to change fiat($ or Euro) for xmr?

*on haveno

<m​onerobull:matrix.org> depends on if the other person is there

<m​onerobull:matrix.org> if both are online you can be done within 30 minutes

So similar to LocalMonero?

ye

But decentralized and you do need a bit of Monero for an initial trade.

BlueyHealer: thanks, I have some monero

I do too, so Haveno would be a legit option for me if I lose contact with the person I buy from now))

<m​onerobull:matrix.org> yeah, it works well

<r​ottenwheel:kernal.eu> ⚠️ FYI. Today @ 20:00 CET is the first public ticket sale for 38c3!

<q​uanah:matrix.org> ah there we go, can use this instead of IRC nice.

hi - ive got about 1.7Mh's of miners right now, most of which have 96 cores/250gb RAM. i heard that with proper hardware, setting a starting difficulty in my mining config can increase overall mining efficiency. is this true? and how can i determine the right starting difficulty for my miners based on their hardware?

mh/s *

<o​frnxmr:monero.social> No

<o​frnxmr:monero.social> setting a lower difficulty just help "keepalive", but also wastes more cpu/bandwidth on sending worthless packets. The only difficulty that if useful is difficulty that finds blocks

<o​frnxmr:monero.social> That being said, i set difficulty to ~1/3-1/2 of the network difficulty

i mean setting a custom difficulty for miners. im under the impression that 1) the jitter from auto difficulties from pool reduces efficiency and 2) when you have high-end hardware, setting a higher starting difficulty can increase share rate

<o​frnxmr:monero.social> 1. Yeah. 2. Yeah, set difficulty high

<o​frnxmr:monero.social> Dont waste time on shares that arent finding blocks.

<o​frnxmr:monero.social> With 1.7mh, you should solomine

<o​frnxmr:monero.social> Cost less, more private

can i with xmrig?

how do i learn more about solo mining? right now i cant run my own full xmr node - if thats a requirement

when i tried running my own node on ubuntu, it started to sync with an ETA of 2mo. after 8-10 hours, the sync process would get aborted. i tried various preferred/nearby nodes too

That sounds strange. What kind of system was that? A full computer, or something like a Raspberry Pi?

cloud vm with 64vcpus and 128gb ram

i can try again

Imagine such a system, everything else in order, could not reasonably sync Monero from scratch. We would probably have 5 nodes in the whole network :)

?

How is a machine with 1gbps up/down on a major public cloud provider, with 64cores and 128gb, and SSD storage, unable to sync?

There must be a problem somewhere, I want to say. Can't be that 128 gb RAM is not enough, per se, and you need e.g. 256 gb. That's clearly absurd.

(It was kind of ironic / sarcastic)

my home network has 20mbps uplink - but i could reasonably run a node there and point my cloud vms to it. would that work in your opinion?

I think so, yes. And of course syncing and running a node on the cloud machine you described first should be no problem at all.

alright trying again

I have no idea right now, from the info at hand, where the problem could be. Usually the Monero daemon is quite an easy-going piece of software and copes with almost any reasonable system

I had it syncing on a 10 year old notebook with a harddisk a.k.a "spinning rust"

Took a few days however

<o​frnxmr:monero.social> Sync timr of w months is likely an hdd

<o​frnxmr:monero.social> Yes you can solomine with xmrig

<o​frnxmr:monero.social> It aborting is due to a runaway spans bug

spiffyhippo: damn that's nice hashrate

<o​frnxmr:monero.social> Nvm. 128gb ran doesnt make sense for the runaway bug

what machines do you have?

<o​frnxmr:monero.social> Yes, you can run a node at home and point your vms to it

how much storage space does an xmr node realistically need?

spiffyhippo: 250 GB

k4r4b3y mix of epyc cpus and some ARM silicon. the ARM ones actually do fantastic. all running ubuntu 22.04

damn

I would like to see your setup sometime, will you post pics somewhere, a blog maybe?

unlikely

privacy

understandable

do you think there are efficiency gains to be chased when switching to a lighterweight distro than ubuntu?

like debian, or maybe guix for reproduceability

i have no idea but tbh i dont want to go redeploy 66 VMs just yet lol

gonna see if i can get this xmr node working/syncing and evaluate solo mining first

yeah

godspeed

spiffyhippo: karapara.kyun.li/wiki/monerod/monerod_basic_qubes_whonix_setup_en

I wrote this monero node setup guide for qubes whonix, but you might also find it useful for setting one on ubuntu

<o​frnxmr:monero.social> Node = 85gb

<o​frnxmr:monero.social> Dont need a full node for mining

<o​frnxmr:monero.social> you can use xmrig-proxy and then point all of your miners to xmrig-proxy

<o​frnxmr:monero.social> Xmrig > xmrig-proxy > node

is this the right cmd? ./monerod --limit-rate 999999 --db-sync-mode safe --restricted-rpc --rpc-bind-ip 0.0.0.0 --rpc-bind-port 18081 --confirm-external-bind --public-node

okay this is going SO much faster than my first attempt

syncing now

<o​frnxmr:monero.social> Nah

<o​frnxmr:monero.social> Do..

<o​frnxmr:monero.social> `./monerod --in-peers 64 --out-peers 32 --rpc-restricted-bind-ip 0.0.0.0 --rpc-restricted-bind-port 18089 --zmq-pub=tcp://0.0.0.0:18083 --enable-dns-blocklist`

<o​frnxmr:monero.social> zerobin.net/?5b011563969a00be#AUtLJ…aVugEX/2JrPckO58wkn2/ONi8IU/xa51y8=

<o​frnxmr:monero.social> then add this to xmrig-proxy's config

<o​frnxmr:monero.social> github.com/xmrig/xmrig-proxy/blob/master/src%2Fconfig.json heres xmrig-proxy's standard config

<o​frnxmr:monero.social> You can add `--prune-blockchain` to monerod startup if you want to use ~85gb instead if 200+

ty

m-relay how significant are the efficiency gains from using a non-Ubuntu OS?

how can i add a custom difficulty to this solo mining cmd? `./xmrig -o <NODE IP>:18081 -a rx/0 -u WALLET_ADDRESS.<workername>`

spiffyhippo: I don't have a number, but main gains supposed to be on the RAM-usage side.

gotcha

`./xmrig-proxy -c config.json`

Save this config file github.com/xmrig/xmrig-proxy/blob/master/src%2Fconfig.json

ty

And replace the "pools" section with that from the zerobin

Then from each miner, its `./xmrig -o addressOfXmrig-proxy:3333`

why 3333? i opened ports 18080 and 18081

or its a diff rpc endpoint?

3333 is the default xmrig-proxy port

Xmrig > xmrig-proxy > node

ahhhhh

i see