-
m-relay
<321bob321:monero.social> When its tested irl we’ll know
-
m-relay
<preland:monero.social> Depends on what you mean by “safe”
-
m-relay
<preland:monero.social> Are you talking about the privacy features being reduced, or the blockchain itself becoming abused (ie you use a powerful and magical enough quantum computer to brute force every single possible Monero wallet and steal your moneys)
-
m-relay
<contrazene:matrix.org> I suppose the PKI that monero uses would be the most vulnerable component
-
m-relay
<key_brolin:matrix.org> And more CEXes where it’s listed would be great. I personally use Trocador or Exolix to buy or sell it. Marketing is important, but what we really need is higher trading volume.
-
m-relay
<quickex:matrix.org> Hey guys, which type of exchanges do you basically choose: fixed or float?
-
m-relay
<ravfx:xmr.mx> Your talking about a swapping service.
-
m-relay
<ravfx:xmr.mx> You usually use float to exchange X to Y
-
m-relay
<ravfx:xmr.mx> You usually use fixed when you want to buy something -or- if you think/know the price will move more than fixed fees in wrong direction while it confirm.
-
m-relay
<f:monero.social> After providing the info about my CCS on Town and reddit (thank you, @gr8ful4) yesterday, I just went on to issue the MR.
-
BillyZane
hello
-
m-relay
<sharonne:matrix.org> Any Cashapp? Chime? Zelle? Btc? Usdt?Skrill? Apple Pay? Pay pal? Venmo? BOA? Wells Fargo? Join my channel
-
m-relay
<sharonne:matrix.org>
t.me/+32cFzLuOiacxZmM0
-
m-relay
<sharonne:matrix.org>
Got any of these
Chase?
BOA?
Wells Fargo?
Navy federal?
Capital one?
Truist?
Att &t?
PNC?
TD bank?
Credit union?
M&T bank?
Santander bank?
Northwest bank?
Or any other local Bank
JOIN THE CHANNEL NOW TO GET PAID💯 ✅
-
m-relay
<321bob321:monero.social> @monerobull#2546
-
m-relay
-
m-relay
<ofrnxmr:monero.social> Pre vs post delisting price action says youre wrong
-
m-relay
<ofrnxmr:monero.social> On cex we traded sideways for yrs. After being delisted the majority of volume, its becoming harder and harder to suppress
-
m-relay
<preland:monero.social> I would be interested to see what would happen if Kraken delisted
-
m-relay
<ofrnxmr:xmr.mx> More dex volume
-
m-relay
<ofrnxmr:xmr.mx> Still, as a project we have a lot of work to do
-
m-relay
<ofrnxmr:xmr.mx> if only @monero would tweet less bullshit and instead try to onboard some talent for dev work
-
m-relay
<monerobull:matrix.org> we absolutely need serai before that
-
m-relay
<ofrnxmr:xmr.mx> I dont see why
-
m-relay
<ofrnxmr:xmr.mx> Serai has nothing 2 do with fiat
-
m-relay
<ofrnxmr:xmr.mx> And is essentially wrapping xmr into a smart contract. Its a nice tool, but monero's survival doesnt hinge on serai or thorchain. I'm skeptical about volume as well. Its eth, dai, xmr and btc, and requires btc, eth, dai and xmr liquidity providers to hold and stake sri - aiui, a new blockchain
-
m-relay
<ofrnxmr:xmr.mx> Its a nice tool, but not something i see as a panacea
-
m-relay
<ofrnxmr:xmr.mx> Serai doesnt fix monero, it just gives some incentive for liquidity providers to make (or potentially lose) some money
-
nioCat
nice that btc went up after monero delistings
-
m-relay
<ofrnxmr:xmr.mx> To passively* make
-
m-relay
<preland:monero.social> What is Serai going to look like in terms of fees and swap times?
-
m-relay
<preland:monero.social> (Yes ik it’ll depend on the trading pair but idk if it’s just going to be a single fee in X currency or multiple)
-
bensharara
Is Monero still supported on Windows 7? The stability has been concerning lately.
-
m-relay
<elongated:matrix.org> Windows 7 is no longer even supported by Microsoft
-
bensharara
Yes, I am well aware. Let's not dig into that.
-
rbrunner
I think it's worth an attempt to run it, if you insist on using Windows 7. I see a good chance that it still works
-
sech1
p2pool windows release does support windows 7, but it's getting harder and harder to maintain this support. I don't know about Monero binaries
-
bensharara
Why I'm asking is because it seems to randomly work and randomly shit the bed depending on the dice roll. For example, when trying the initial sync from the same VM snapshot, one time it does that perfectly, another time it reaches about 75%, then practically grinds to a halt with 0.2% per hour progress, other time it completely bricks the daemon after reaching certain block height. I'm trying to pinpoint the issue.
-
bensharara
Malicious actors on the P2P network perhaps?
-
sech1
is your windows 7 64-bit or 32-bit?
-
bensharara
W7 SP1 64-bit of course
-
sech1
You can try to give more RAM to this VM
-
m-relay
<elongated:matrix.org> Have you tried using the ban list ?
-
bensharara
VM has at least 16 GB RAM, I usually give it 64 GB for the initial sync
-
sech1
Not just tried, my nodes use the ban list without issues
-
m-relay
<plowsof:matrix.org> some games run better on earlier versions of windows.. more frames per second is more important than security for alot of people
-
bensharara
What are ban lists?
-
sech1
IP addresses of malicious nodes
-
bensharara
so this is not just a speculation?
-
sech1
ban list has been around for a long time
-
sech1
But some new malicious nodes were found recently
-
bensharara
In what ways can Monero nodes be malicious?
-
bensharara
could this cause the issue of monerod crashing/stopping sync?
-
m-relay
<plowsof:matrix.org> simplest example would be high fees. they may suggest 3xmr as the transaction fee
-
sech1
or they can spy on which IP sends each transaction
-
bensharara
I'm running a full node so that's probably not affected by the tx fee?
-
bensharara
sech1, this is kinda obvious, but anything that could cause denial of service on local monerod instance?
-
sech1
If I knew, I would file a bug bounty report and get some sweet reward :D
-
m-relay
<plowsof:matrix.org> if your node is running the reference / release software then malicious node problems wont effect you* however, the ban list: the goal is to connect to as many nodes as possible so they can see where the transaction originated from. Dandelion++ makes this difficult
-
m-relay
<5igi0:matrix.org> something i was wondering is, why not using local node for the wallet RPC and use random nodes for sending transactions using tor or a proxy?
-
m-relay
<5igi0:matrix.org> because it might help to mitigate the "trackibility" transaction spread mechanicism right?
-
m-relay
<fijxu:nadeko.net> It's realist to have a network fee of 0.01XMR?
-
bensharara
Granted I haven't tried Monero on Windows 10/WIndows 11 spyware, but it does seem to work much better on Linux.
-
bensharara
but assuming it works properly on Windows 10, why would it work intermittently on Windows 7 then, and not fail completely all the time...
-
bensharara
...unless what I'm describing happens on Windows 10 too?
-
m-relay
<ofrnxmr:xmr.mx> No?
-
m-relay
<fijxu:nadeko.net> lol so I think this guys at
changenow.io stole some monero from me
-
m-relay
<fijxu:nadeko.net> The exchange works ok btw. But their refund process is kinda sketchy
-
m-relay
<ofrnxmr:xmr.mx> Stole some xmr? Sure
-
m-relay
<ofrnxmr:xmr.mx> You'd be the first person to make such an accusation
-
m-relay
<ofrnxmr:xmr.mx> They work w the feds, i don't think theft is in their portfolio
-
as2333
employees need some more pocket money
-
m-relay
<fijxu:nadeko.net> I asked for a refund of an exchange that was not completed but they refunded me `0.01004450585XMR` less than the total amount and they say that the fee was 0.01XMR when the fee clearly said ~0.000966XMR on the blockchain
-
bensharara
fees on most exchanges are out of touch with reality
-
bensharara
but if you needed to hassle an actual person for the refund, I'd say it's justified as a convenience fee
-
m-relay
<fijxu:nadeko.net> lol!
-
m-relay
<fijxu:nadeko.net> Yeah but the support lied
-
m-relay
<fijxu:nadeko.net> >According to the information received from our team, the network fees were 0.01 XMR. Since the problem in this case was not on our side, the network fees were deducted from the deposit amount.
-
m-relay
<fijxu:nadeko.net> That is what they said
-
m-relay
<fijxu:nadeko.net> it's so retarded
-
bensharara
be grateful that they returned it at all, unlike some shotgun KYC/AML fucks who make up bullshit that XMR funds are dirty
-
m-relay
<monerobull:matrix.org> lol
-
BlueyHealer
I woner if some of them can decline funds that came from swappers known to work with Monero...
-
m-relay
<monerobull:matrix.org> they needed that 0.01 to sign up for monero.town
-
m-relay
<321bob321:monero.social> Admin fee
-
bensharara
they probably handle thousands of coins at the same time so they don't even think twice if a fee is too high or too low
-
bensharara
for people used to dealing with BTC or ETH, 2 dollars tx fee is practically free
-
m-relay
<ofrnxmr:xmr.mx> "Not cmnpleted" why?
-
BlueyHealer
Just what fees are they used to???
-
BlueyHealer
2 dollars is like half my usual transaction
-
m-relay
<ofrnxmr:xmr.mx> If its cuz u sent dirty coins, well, ye, yur lucky they dusted you with some fed coins
-
m-relay
<ofrnxmr:xmr.mx> But u sent xmr? So.. ye, im confysed
-
m-relay
<ofrnxmr:xmr.mx> Y was exchange not completed
-
m-relay
<fijxu:nadeko.net> Because at the end of the first exchange that I did, the page said that I could use the same address to exchange again, so I did, but it didn't work!
-
m-relay
-
orbifx
any lmdb hackers here?
-
m-relay
<syntheticbird:monero.social> didn't know you could hack lmdb
-
m-relay
<syntheticbird:monero.social> whats your need orbifx, don't ask just ask
-
m-relay
-
orbifx
this isn't a room for lmdb, so thought I'd first check it aint pointless
-
orbifx
I wanted to ask if there is a technique to commit a transaction so long some other event has occurred in a robust way
-
m-relay
<ofrnxmr:xmr.mx> Hyc
-
m-relay
<ofrnxmr:xmr.mx> 0xfffc
-
m-relay
<fede:xmr.mx> transactions in lmdb should be atomic?
-
m-relay
<fede:xmr.mx> if that's what you're asking
-
m-relay
<syntheticbird:monero.social> yeah literally what I was going to say
-
m-relay
<syntheticbird:monero.social> LMDB is atomic. You can always put the shit on async and forcec your kernel to be super slow at flushing pages but it won't be robust
-
m-relay
<0xfffc:monero.social> orbifx very good question. Take this information with grain of salt. It has been awhile since I have touched LMDB and I am sure hyc will correct me. IIRC LMDB itself does not natively provide a mechanism to conditionally commit a transaction based on some external event, you can implement your own logic in your application to achieve this in a robust and efficient way.
-
bensharara
fijxu: "I could use the same address to exchange again, so I did, but it didn't work" you've sent below the minimum amount, didn't you?
-
m-relay
<0xfffc:monero.social> orbifx, now the question becomes how you should implement your logic. I would prefer callbacks in that scenario.
-
m-relay
<fijxu:nadeko.net> bensharara: Oh you are right
-
m-relay
<0xfffc:monero.social> AFAICT LMDB's philosophy is providing best performance while being as simple as possible. So providing API for event-based commit might not be suitable for LMDB.
-
orbifx
0xfffc thanks for the answer. I'm currently doing the own logic approach, cause I didn't see anything in the docs.
-
orbifx
0xfffc why eould you prefer callbacks?
-
m-relay
<0xfffc:monero.social> orbifx: as simple as `my_event_init(struct my_event_required_data, void * callback(bool, void *) )`. You would create your event like that. After your event was successful it will call `callback` automatically. If it was successful with first argument `true` and second with extra data. And you would commit your transaction there.
-
m-relay
<0xfffc:monero.social> if it was unsuccessful you would `abort` your transaction in that callback.
-
m-relay
<0xfffc:monero.social> keep in mind, keeping tx open will have huge performance cost.
-
m-relay
<0xfffc:monero.social> so by design LMDB tries to force you to shorten that interval ( creating TX and committing/aborting it)
-
m-relay
<0xfffc:monero.social> LMDB is so fast maybe it is better to write data as pending. You will add a field to your record. "Pending".
-
m-relay
<0xfffc:monero.social> commit it "Pending", and only change it if event was successful.
-
m-relay
<0xfffc:monero.social> ( this is different than callback approach , and might be even faster sometimes )
-
orbifx
0xfffc yeah, was going with the later
-
orbifx
I can log effectively, like a write-ahead log and then resolve it if the second step failed. Curious if anyone had solved this otherwise
-
orbifx
*differently
-
orbifx
thanks 0xfffc
-
m-relay
<0xfffc:monero.social> Welcome orbifx
-
orbifx
0xfffc have you used lmdb to make something?
-
m-relay
<syntheticbird:monero.social> orbifx. 0xfffc has been working on monerod performance profiling, which uses lmdb
-
orbifx
nice
-
BillyZane
hello
-
BillyZane
i am new to monero
-
BillyZane
i am setting up a new monero wallet and it says to either create my own node or connect to a node
-
BillyZane
and that having my own node is preferable
-
BillyZane
i was also planning to mine monero
-
BillyZane
can i just connect to a remote node for now?
-
orbifx
if you find one BillyZane :)
-
BillyZane
i see, lol
-
BillyZane
what happens if my local node gets damaged
-
m-relay
<syntheticbird:monero.social> BillyZane. Your wallet needs to connect to a Monero node to synchronize to the blockchain. I recommend connecting to trusted public monero nodes at the moment. Your own node is always the best, but it will take a fair amount of storage on your computer. Mining also requires a node and preferably your own
-
orbifx
you can also mine as part of a pool, but you'll probably need a wallet address to provide
-
m-relay
<ofrnxmr:monero.social> 85gb
-
BillyZane
i will almost certainly join a mining pool
-
orbifx
BillyZane, your local copy will be damaged and you'll have ro redownload
-
BillyZane
i see
-
BillyZane
thank you for the help by the way
-
m-relay
<ofrnxmr:monero.social> If you have 160gb of ssd storage available, you should run a node
-
BillyZane
is SSD preferable over HDD?
-
m-relay
<ofrnxmr:monero.social> greatly preferred, yes
-
BillyZane
ok, thank you for that
-
BillyZane
i actually just bought a new NVMe drive
-
BillyZane
so, this is a question with regard to payouts
-
BillyZane
if i joined a mining pool, i would still need my own node?
-
BillyZane
or do i connect to the node that the mining pool utilizes
-
BillyZane
i'm just confused about what this node is. how it works
-
BillyZane
it seems like it is the full ledger itself
-
BillyZane
so if i join a mining pool, having my own node just makes me more efficient as a miner
-
BillyZane
ok i'll just get the node then
-
m-relay
<ofrnxmr:monero.social> You don't need your own node to mine on a pool
-
m-relay
<ofrnxmr:monero.social> When you mine on a pool, you connect to the pool -> pool is connected to their own node
-
BillyZane
ofrnxmr, i see
-
BillyZane
ok i am so confused atm. i have my own local node but it's apparently syncing, i thought it would start a download
-
BillyZane
but it seems i would have to manually download the node
-
m-relay
<ofrnxmr:monero.social> syncing == downloading
-
BillyZane
ahh i see
-
BillyZane
so, while this is syncing just wondering...
-
BillyZane
there's something called P2Pool
-
BillyZane
do i have to find a pool or connect to a specific one
-
m-relay
<ofrnxmr:xmr.mx> You should use your own node for p2pool
-
BillyZane
ok, sounds good. i'll have that
-
BillyZane
is P2Pool a good way to mine?
-
BillyZane
my guess is, this pool will credit you with a work done towards the pool's collective effort for finding a block, and will reward you with a percentage of the ward proportional to the amount of work you contributed
-
m-relay
<ofrnxmr:xmr.mx> you can mine
-
m-relay
<ofrnxmr:xmr.mx> a) convenience b) decentralization c) profit
-
m-relay
<ofrnxmr:xmr.mx> a = pool. b = p2pool or solo. c = solo
-
BillyZane
mining solo is more profitable?
-
m-relay
<ofrnxmr:xmr.mx> assuming average luck of 100%, yes.
-
BillyZane
lol
-
BillyZane
sorry my earlier statement came out jumbled up
-
BillyZane
what i meant is... the pool takes a fee right
-
m-relay
<ofrnxmr:xmr.mx> pools have fees. p2pool is costly to consolidate. Both pay your average minus fees
-
BillyZane
what would happen if i contributed very little
-
BillyZane
say i just ran this for 5 hours
-
m-relay
<ofrnxmr:xmr.mx> solo at 100% effort/luck would be the same pay, without any fees. If you have better than 100% effort/luck, solo pays more
-
BillyZane
how large are the fees?
-
m-relay
<ofrnxmr:xmr.mx> solo wont find blocks in 5hrs. with 100kh (around 4 ryzen 5950s) youd find about 1 block every 40 days
-
m-relay
<ofrnxmr:xmr.mx> Mining solo requires patience
-
BillyZane
i see. i was planning to get a 5950 btw
-
BillyZane
that's no problem, as long as i get the reward eventually
-
BillyZane
my guess is, i would see the reward in my wallet one day
-
BillyZane
it would be automatic, i won't have to do anything right
-
m-relay
<ofrnxmr:xmr.mx> Right
-
BillyZane
it looks like P2Pool has no fees
-
m-relay
<ofrnxmr:monero.social> it has no pool fees. It fills your wallet with tiny amounts of xmr that need to be consolidated
-
BillyZane
ofrnxmr, how does consolidation work?
-
m-relay
<ofrnxmr:monero.social> Like have 3000 $1 bills
-
m-relay
<elongated:matrix.org> Cents
-
BillyZane
so when i make a payment, i'll have a wallet filled with small bills?
-
BillyZane
wtf
-
BillyZane
isn't the wallet just a single floating point value?
-
m-relay
<ofrnxmr:monero.social> Yeah, like have 3000 pennies
-
m-relay
<elongated:matrix.org> Yes, you use a separate mining wallet; send ALL to your main spending wallet whenever you need to.
-
BillyZane
wow, ok i had no idea that was a thing. thanks
-
m-relay
<mx_mandelbrot42:matrix.org> BillyZane, if you are interested in P2Pool (no fees, morr regular payouts) checkout Gupax (
gupax.io), which integrates xmrig and p2pool. This will make your mining experience more streamlined. Choose p2pool Mini option rather than P2Pool Main since you are just mining using a single 5950x CPU. You can either connect to a trusted remote node (beginner friendly) or a local <clipped message>
-
m-relay
<mx_mandelbrot42:matrix.org> node (most ideal). Also, consider checking out Gupaxx (
github.com/Cyrix126/gupaxx), a fork of Gupax, has other enhancements but recently integrated monerod allowing you to now run a local node, which is neat.
-
m-relay
<ofrnxmr:xmr.mx> for p2pool, yea, use a separate wallet. For solo, it doesn't really matter since tour block rewards are public
-
m-relay
<ofrnxmr:xmr.mx> mandelbrot42 advertising p2pool as no fees is false advertising
-
m-relay
<ofrnxmr:xmr.mx> Its no _pool_ fees.
-
m-relay
<mx_mandelbrot42:matrix.org> Sorry, I misspoke.
-
BillyZane
mx_mandel, checking it out
-
m-relay
<mx_mandelbrot42:matrix.org> BillyZane, if you are interested in P2Pool (no pool fees, more regular payouts) checkout Gupax (
gupax.io), which integrates xmrig and p2pool. This will make your mining experience more streamlined. Choose p2pool Mini option rather than P2Pool Main since you are just mining using a single 5950x CPU. You can either connect to a trusted remote node (beginner friendly) or a l<clipped message>
-
m-relay
<mx_mandelbrot42:matrix.org> ocal node (most ideal). Also, consider checking out Gupaxx (
github.com/Cyrix126/gupaxx), a fork of Gupax, has other enhancements but recently integrated monerod allowing you to now run a local node, which is neat.
-
m-relay
<mx_mandelbrot42:matrix.org> I meant to say no pool fees
-
BillyZane
thanks
-
BillyZane
well i am building gupax atm
-
m-relay
<mx_mandelbrot42:matrix.org> I meant to say no pool fees. Post updated
-
m-relay
<ofrnxmr:xmr.mx> Instead of paying fees to a pool operator, you pay tx fees
-
BillyZane
so gupax would be the tool i use for mining?
-
BillyZane
i wouldn't use the official monero CLI/GUI ?
-
m-relay
<ofrnxmr:xmr.mx> you still need a wallet
-
BillyZane
oh i see.
-
m-relay
<ofrnxmr:xmr.mx> You dont have to run the wallet, but you need an address
-
BillyZane
the wallet also has an option for mining built in to it
-
BillyZane
but gupax is more advanced?
-
m-relay
<ofrnxmr:xmr.mx> Gupax is p2pook
-
BillyZane
i see
-
m-relay
<ofrnxmr:xmr.mx> Gui wallet has p2pool as well, but slightly lower hashrate because it doesnt run with optimizations
-
BillyZane
ahh i see, makes sense now. but it says here "start XMRig"
-
m-relay
<ofrnxmr:xmr.mx> tldr: xmrig mines at a higher hashrate than p2pool's built in miner
-
m-relay
<ofrnxmr:xmr.mx> GUI doesnt ship xmrig. It only ships p2pool
-
BillyZane
i see
-
BillyZane
that's interesting
-
m-relay
<ofrnxmr:xmr.mx> I think, mostly, because xmrig has a 1% fee and GUI cant support any centralization of funds
-
BillyZane
and they both run in parallel?
-
m-relay
<ofrnxmr:xmr.mx> yes
-
BillyZane
man i am getting a crash course, thanks
-
BillyZane
so it looks like XMrig will utilize your GPU to do mining
-
m-relay
<ofrnxmr:xmr.mx> nope
-
BillyZane
i have gupax running now btw
-
BillyZane
wait it doesn't?
-
m-relay
<ofrnxmr:xmr.mx> xmrig can mine more than just xmr. It includes gpu support for gpu mined coins
-
m-relay
<ofrnxmr:xmr.mx> Xmr is cpu mined
-
BillyZane
i see, makes sense
-
m-relay
<ofrnxmr:xmr.mx> Most gpu miners arent even open source 🥲. Xmrig might be the only one
-
BillyZane
so XMRig automatically decides what coins to mine, exchanges it for XMR and puts it in my XMR wallet?
-
BillyZane
i wish i was doing this a lot earlier
-
m-relay
<ofrnxmr:xmr.mx> No
-
m-relay
<ofrnxmr:xmr.mx> You manually choose what coin you want to mine, and you get paid in that coin
-
m-relay
<ofrnxmr:xmr.mx> If you want to autoselect coins and get paid in xmr, you'd use a pool like moneroocean with their xmrig fork
-
BillyZane
what should i use instead?
-
m-relay
<ofrnxmr:xmr.mx> What is your goal
-
BillyZane
i want privacy
-
BillyZane
i want to be able to make purchases online using XMR
-
BillyZane
i don't need a whole lot of XMR, but just spending money
-
BillyZane
to that effect, i figure i could mine and get that pocket change
-
m-relay
<mask007:matrix.org> Check out xmrbazaar dot com
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BillyZane
yes i have heard of some of these places :D
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BillyZane
this is what got me interested
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BillyZane
today i opened my very first crypto wallet
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BillyZane
so i am a noob
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m-relay
<ofrnxmr:xmr.mx> fastest way to acquire xmr: Buy/earn
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m-relay
<syntheticbird:monero.social> BillyZane you are at the good place then. We take care of noobs
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m-relay
<syntheticbird:monero.social> ofrnxmr is right, mining is very rarely a plausible way of getting XMRs
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m-relay
<mask007:matrix.org> Check out cryptwerk dot com
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m-relay
<mask007:matrix.org> It's got a directory of platforms accepting Monero and other cryptos
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BillyZane
i see
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m-relay
<ofrnxmr:xmr.mx> mining without a large operation wont bring you enough xmr to spend, but it will pay you to secure the network
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m-relay
<mask007:matrix.org> But it's expensive and not everyone can afford it
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m-relay
<syntheticbird:monero.social> ?
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m-relay
<ofrnxmr:xmr.mx> Bitcoin is expensive
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m-relay
<ofrnxmr:xmr.mx> 19m btc @ $100k each. 18.5m xmr at $200
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m-relay
<syntheticbird:monero.social> BillyZane are you european ?
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BillyZane
FYI, i don't pay for electricity (i already pay for it through rent agreement)
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BillyZane
i was thinking of getting a 5950x and just running it often
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BillyZane
or i can use my current 3600x, which has about 1/3rd the hashrate
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m-relay
<ofrnxmr:xmr.mx> running it 24/7 :) lol
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m-relay
<mask007:matrix.org> Haven't had my hands on Bitcoin for a while
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m-relay
<mask007:matrix.org> I don't cryptocurrency as an investment but as a solution for payment.
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m-relay
<mask007:matrix.org> With the advent of Web3 crypto payment will solve the issue of credit card fraud.
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BillyZane
sync, no i am from the US
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m-relay
<mask007:matrix.org> I'll order anything across the Web2,Web3, dot Onion,i2p
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m-relay
<mask007:matrix.org> Check out this listings
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m-relay
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BillyZane
using XMRig, i can mine for crypto with my GPU other than XMR. does that mean i need a new wallet for that crypto?
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BillyZane
GUpax is asking me for a monero address in XMRig
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m-relay
<mx_mandelbrot42:matrix.org> Im Gupax, you only need to specify a Monero address in the Monero Address field within the P2Pool tab
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BillyZane
in the P2Pool tab, i have found an external node to connect to
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m-relay
<mx_mandelbrot42:matrix.org> Specifying it in the Monero Address field within the XMRig tab does nothing if mining to P2Pool since the address being paid out will be the one P2Pool started with.
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BillyZane
i see
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BillyZane
so if i'm understanding this correctly, XMRig connects to the 'local P2Pool'
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BillyZane
and the 'local P2Pool' connects to a node
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m-relay
<mx_mandelbrot42:matrix.org> Yes
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BillyZane
in this case, i am connecting to a website, node.***.net
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BillyZane
err, URL rather
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m-relay
<syntheticbird:monero.social> BillyZane, you can use public node for mining its just not optimal because of latency
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BillyZane
i see, it says "warning: it si recommended to use your own monero node"
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m-relay
<ofrnxmr:xmr.mx> Gupax includes public nodes
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BillyZane
i see
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BillyZane
how do i connect to my local node on Gupax?
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m-relay
<ofrnxmr:xmr.mx> Really, less questions, more doing
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m-relay
<ofrnxmr:xmr.mx> Follow instructions / docs until you hit a roadblock
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BillyZane
ofrnxmr, i am currently synchronizing
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m-relay
<ofrnxmr:xmr.mx> Dont make things more difficult than they are
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m-relay
<syntheticbird:monero.social> calm bro is a complete noob
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m-relay
<ofrnxmr:xmr.mx> gupax doesnt require a local node
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m-relay
<ofrnxmr:xmr.mx> I am noob too
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m-relay
<ofrnxmr:xmr.mx> i'm the #3 noob
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BillyZane
gupax is not giving me the option to use a local node
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BillyZane
is this because the local node is not ready yet? (still synchronizing)
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BillyZane
ok, sec
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m-relay
<mx_mandelbrot42:matrix.org> BillyZane, so you configured the local node within the P2Pool tab right? Advanced mode
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BillyZane
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BillyZane
yes, i am starting to understand. the local node is managed by the monero daemon
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BillyZane
then my guess is i can connect to the local node in Gupex
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m-relay
<mx_mandelbrot42:matrix.org> And also P2pool has to wait for your local node to finish synchronizing
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BillyZane
Gupax*
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BillyZane
yes that's right
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BillyZane
and i should have two wallets, one for use, one for mining
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BillyZane
i guess the one i just created will be the mining wallet
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m-relay
<mx_mandelbrot42:matrix.org> Yes
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BillyZane
now this is the part that really blows my mind...
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BillyZane
the mining wallet will be filled with tiny transactions
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BillyZane
when i send a lot of these to my main wallet, it will consolidate
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BillyZane
how does sending work if i were to make a purchase?
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m-relay
<mx_mandelbrot42:matrix.org> That's right
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BillyZane
i mean, lets say i have a $1000 bill in my wallet, i need to break it some how?
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BillyZane
it is automatically going to reconstitute the amount i need to send?
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m-relay
<ofrnxmr:xmr.mx> If you are sending $50 and have a $1000 bill, it sends 50 to the recipient and 950 to you
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» BillyZane falls over
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m-relay
<ofrnxmr:xmr.mx> In other words, you get 950 in change
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BillyZane
ok i see.
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BillyZane
appreciate all the info/help btw
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m-relay
<mx_mandelbrot42:matrix.org> BillyZane, if you are interested in P2Pool (no pool fees, morr regular payouts) checkout Gupax (
gupax.io), which integrates xmrig and p2pool. This will make your mining experience more streamlined. Choose p2pool Mini option rather than P2Pool Main since you are just mining using a single 5950x CPU. You can either connect to a trusted remote node (beginner friendly) or a l<clipped message>
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m-relay
<mx_mandelbrot42:matrix.org> ocal node (most ideal). Also, consider checking out Gupaxx (
github.com/Cyrix126/gupaxx), a fork of Gupax, has other enhancements but recently integrated monerod allowing you to now run a local node, which is neat.
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m-relay
<mx_mandelbrot42:matrix.org> Of course. Good luck BillyZane