00:00:40 <m-relay> <3​21bob321:monero.social> When its tested irl we’ll know
00:09:10 <m-relay> <p​reland:monero.social> Depends on what you mean by “safe”
00:09:11 <m-relay> <p​reland: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)
01:44:01 <m-relay> <c​ontrazene:matrix.org> I suppose the PKI that monero uses would be the most vulnerable component
06:41:25 <m-relay> <k​ey_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.
07:10:50 <m-relay> <q​uickex:matrix.org> Hey guys, which type of exchanges do you basically choose: fixed or float?
07:44:43 <m-relay> <r​avfx:xmr.mx> Your talking about a swapping service.
07:44:43 <m-relay> <r​avfx:xmr.mx> You usually use float to exchange X to Y
07:44:45 <m-relay> <r​avfx: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.
08:18:40 <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.
08:20:30 <BillyZane> hello
08:24:05 <m-relay> <s​haronne:matrix.org> Any Cashapp? Chime? Zelle? Btc? Usdt?Skrill? Apple Pay? Pay pal? Venmo? BOA? Wells Fargo? Join my channel
08:24:07 <m-relay> <s​haronne:matrix.org> https://t.me/+32cFzLuOiacxZmM0
08:24:09 <m-relay> <s​haronne:matrix.org> 
Got any of these
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08:46:39 <m-relay> <3​21bob321:monero.social> @monerobull#2546
09:44:03 <m-relay> <s​yntheticbird:monero.social> https://matrix.monero.social/_matrix/media/v1/download/monero.social/VhBJhWAQhlHyISrqnKsCCaxS
14:55:53 <m-relay> <o​frnxmr:monero.social> Pre vs post delisting price action says youre wrong
14:57:15 <m-relay> <o​frnxmr:monero.social> On cex we traded sideways for yrs. After being delisted the majority of volume, its becoming harder and harder to suppress
15:15:00 <m-relay> <p​reland:monero.social> I would be interested to see what would happen if Kraken delisted
15:26:27 <m-relay> <o​frnxmr:xmr.mx> More dex volume
15:26:52 <m-relay> <o​frnxmr:xmr.mx> Still, as a project we have a lot of work to do
15:28:05 <m-relay> <o​frnxmr:xmr.mx> if only @monero would tweet less bullshit and instead try to onboard some talent for dev work
15:28:30 <m-relay> <m​onerobull:matrix.org> we absolutely need serai before that
15:29:55 <m-relay> <o​frnxmr:xmr.mx> I dont see why
15:30:05 <m-relay> <o​frnxmr:xmr.mx> Serai has nothing 2 do with fiat
15:32:13 <m-relay> <o​frnxmr: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
15:32:33 <m-relay> <o​frnxmr:xmr.mx> Its a nice tool, but not something i see as a panacea
15:33:22 <m-relay> <o​frnxmr:xmr.mx> Serai doesnt fix monero, it just gives some incentive for liquidity providers to make (or potentially lose) some money
15:33:38 <nioCat> nice that btc went up after monero delistings
15:33:41 <m-relay> <o​frnxmr:xmr.mx> To passively* make
17:50:40 <m-relay> <p​reland:monero.social> What is Serai going to look like in terms of fees and swap times?
17:51:10 <m-relay> <p​reland: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)
18:14:52 <bensharara> Is Monero still supported on Windows 7? The stability has been concerning lately.
18:17:52 <m-relay> <e​longated:matrix.org> Windows 7 is no longer even supported by Microsoft
18:18:40 <bensharara> Yes, I am well aware. Let's not dig into that.
18:19:17 <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
18:22:25 <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
18:22:44 <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.
18:23:12 <bensharara> Malicious actors on the P2P network perhaps?
18:23:24 <sech1> is your windows 7 64-bit or 32-bit?
18:23:36 <bensharara> W7 SP1 64-bit of course
18:23:48 <sech1> You can try to give more RAM to this VM
18:24:03 <m-relay> <e​longated:matrix.org> Have you tried using the ban list ?
18:24:20 <bensharara> VM has at least 16 GB RAM, I usually give it 64 GB for the initial sync
18:24:26 <sech1> Not just tried, my nodes use the ban list without issues
18:24:40 <m-relay> <p​lowsof:matrix.org> some games run better on earlier versions of windows.. more frames per second is more important than security for alot of people
18:24:42 <bensharara> What are ban lists?
18:25:03 <sech1> IP addresses of malicious nodes
18:25:53 <bensharara> so this is not just a speculation?
18:28:02 <sech1> ban list has been around for a long time
18:28:21 <sech1> But some new malicious nodes were found recently
18:29:04 <bensharara> In what ways can Monero nodes be malicious?
18:29:51 <bensharara> could this cause the issue of monerod crashing/stopping sync?
18:30:20 <m-relay> <p​lowsof:matrix.org> simplest example would be high fees. they may suggest 3xmr as the transaction fee
18:30:52 <sech1> or they can spy on which IP sends each transaction
18:31:38 <bensharara> I'm running a full node so that's probably not affected by the tx fee?
18:32:55 <bensharara> sech1, this is kinda obvious, but anything that could cause denial of service on local monerod instance?
18:33:57 <sech1> If I knew, I would file a bug bounty report and get some sweet reward :D
18:34:01 <m-relay> <p​lowsof: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
18:34:05 <m-relay> <5​igi0: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?
18:34:05 <m-relay> <5​igi0:matrix.org> because it might help to mitigate the "trackibility" transaction spread mechanicism right?
18:40:30 <m-relay> <f​ijxu:nadeko.net> It's realist to have a network fee of 0.01XMR?
18:43:08 <bensharara> Granted I haven't tried Monero on Windows 10/WIndows 11 spyware, but it does seem to work much better on Linux.
18:44:47 <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...
18:46:40 <bensharara> ...unless what I'm describing happens on Windows 10 too?
18:49:52 <m-relay> <o​frnxmr:xmr.mx> No?
18:51:03 <m-relay> <f​ijxu:nadeko.net> lol so I think this guys at https://changenow.io stole some monero from me
18:51:46 <m-relay> <f​ijxu:nadeko.net> The exchange works ok btw. But their refund process is kinda sketchy
18:53:00 <m-relay> <o​frnxmr:xmr.mx> Stole some xmr? Sure
18:53:25 <m-relay> <o​frnxmr:xmr.mx> You'd be the first person to make such an accusation
18:53:35 <m-relay> <o​frnxmr:xmr.mx> They work w the feds, i don't think theft is in their portfolio
18:54:05 <as2333> employees need some more pocket money
18:54:16 <m-relay> <f​ijxu: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
18:55:07 <bensharara> fees on most exchanges are out of touch with reality
18:55:35 <bensharara> but if you needed to hassle an actual person for the refund, I'd say it's justified as a convenience fee
18:56:15 <m-relay> <f​ijxu:nadeko.net> lol!
18:56:33 <m-relay> <f​ijxu:nadeko.net> Yeah but the support lied
18:56:42 <m-relay> <f​ijxu: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.
18:56:43 <m-relay> <f​ijxu:nadeko.net> That is what they said
18:57:08 <m-relay> <f​ijxu:nadeko.net> it's so retarded
18:57:22 <bensharara> be grateful that they returned it at all, unlike some shotgun KYC/AML fucks who make up bullshit that XMR funds are dirty
18:57:46 <m-relay> <m​onerobull:matrix.org> lol
18:58:07 <BlueyHealer> I woner if some of them can decline funds that came from swappers known to work with Monero...
18:58:20 <m-relay> <m​onerobull:matrix.org> they needed that 0.01 to sign up for monero.town
18:58:21 <m-relay> <3​21bob321:monero.social> Admin fee
19:00:12 <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
19:02:24 <bensharara> for people used to dealing with BTC or ETH, 2 dollars tx fee is practically free
19:04:13 <m-relay> <o​frnxmr:xmr.mx> "Not cmnpleted" why?
19:04:15 <BlueyHealer> Just what fees are they used to???
19:04:29 <BlueyHealer> 2 dollars is like half my usual transaction
19:05:01 <m-relay> <o​frnxmr:xmr.mx> If its cuz u sent dirty coins, well, ye, yur lucky they dusted you with some fed coins
19:05:55 <m-relay> <o​frnxmr:xmr.mx> But u sent xmr? So.. ye, im confysed
19:06:09 <m-relay> <o​frnxmr:xmr.mx> Y was exchange not completed
19:07:35 <m-relay> <f​ijxu: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!
19:07:41 <m-relay> <f​ijxu:nadeko.net> https://matrix.monero.social/_matrix/media/v1/download/nadeko.net/AlbNACoSlcfakCRaRHINywAC
19:17:07 <orbifx> any lmdb hackers here?
19:20:18 <m-relay> <s​yntheticbird:monero.social> didn't know you could hack lmdb
19:20:27 <m-relay> <s​yntheticbird:monero.social> whats your need orbifx, don't ask just ask
19:21:08 <m-relay> <f​ede:xmr.mx> https://dontasktoask.com/
19:23:14 <orbifx> this isn't a room for lmdb, so thought I'd first check it aint pointless
19:24:03 <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
19:27:01 <m-relay> <o​frnxmr:xmr.mx> Hyc
19:27:06 <m-relay> <o​frnxmr:xmr.mx> 0xfffc
19:27:38 <m-relay> <f​ede:xmr.mx> transactions in lmdb should be atomic?
19:27:54 <m-relay> <f​ede:xmr.mx> if that's what you're asking
19:27:55 <m-relay> <s​yntheticbird:monero.social> yeah literally what I was going to say
19:28:43 <m-relay> <s​yntheticbird: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
19:34:28 <m-relay> <0​xfffc: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.
19:34:41 <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?
19:34:59 <m-relay> <0​xfffc:monero.social> orbifx, now the question becomes how you should implement your logic. I would prefer callbacks in that scenario.
19:36:09 <m-relay> <f​ijxu:nadeko.net> bensharara: Oh you are right
19:37:50 <m-relay> <0​xfffc: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.
19:39:00 <orbifx> 0​xfffc thanks for the answer. I'm currently doing the own logic approach, cause I didn't see anything in the docs.
19:40:24 <orbifx> 0​xfffc why eould you prefer callbacks?
19:43:35 <m-relay> <0​xfffc: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.
19:43:53 <m-relay> <0​xfffc:monero.social> if it was unsuccessful you would `abort` your transaction in that callback.
19:44:07 <m-relay> <0​xfffc:monero.social> keep in mind, keeping tx open will have huge performance cost.
19:44:42 <m-relay> <0​xfffc:monero.social> so by design LMDB tries to force you to shorten that interval ( creating TX and committing/aborting it)
19:46:02 <m-relay> <0​xfffc:monero.social> LMDB is so fast maybe it is better to write data as pending. You will add a field to your record. "Pending".
19:46:10 <m-relay> <0​xfffc:monero.social> commit it "Pending", and only change it if event was successful.
19:46:27 <m-relay> <0​xfffc:monero.social> ( this is different than callback approach , and might be even faster sometimes )
20:11:40 <orbifx> 0​xfffc yeah, was going with the later
20:12:22 <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
20:12:35 <orbifx> *differently
20:29:38 <orbifx> thanks 0​xfffc
20:33:18 <m-relay> <0​xfffc:monero.social> Welcome orbifx
20:52:45 <orbifx> 0​xfffc have you used lmdb to make something?
20:53:18 <m-relay> <s​yntheticbird:monero.social> orbifx. 0xfffc has been working on monerod performance profiling, which uses lmdb
20:57:17 <orbifx> nice
22:02:32 <BillyZane> hello
22:02:34 <BillyZane> i am new to monero
22:02:58 <BillyZane> i am setting up a new monero wallet and it says to either create my own node or connect to a node
22:03:07 <BillyZane> and that having my own node is preferable
22:03:41 <BillyZane> i was also planning to mine monero
22:04:17 <BillyZane> can i just connect to a remote node for now?
22:04:31 <orbifx> if you find one BillyZane :)
22:04:46 <BillyZane> i see, lol
22:04:56 <BillyZane> what happens if my local node gets damaged
22:05:01 <m-relay> <s​yntheticbird: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
22:05:05 <orbifx> you can also mine as part of a pool, but you'll probably need a wallet address to provide
22:05:22 <m-relay> <o​frnxmr:monero.social> 85gb
22:05:39 <BillyZane> i will almost certainly join a mining pool
22:05:42 <orbifx> BillyZane, your local copy will be damaged and you'll have ro redownload
22:05:50 <BillyZane> i see
22:06:05 <BillyZane> thank you for the help by the way
22:06:10 <m-relay> <o​frnxmr:monero.social> If you have 160gb of ssd storage available, you should run a node
22:06:34 <BillyZane> is SSD preferable over HDD?
22:06:52 <m-relay> <o​frnxmr:monero.social> greatly preferred, yes
22:07:12 <BillyZane> ok, thank you for that
22:07:24 <BillyZane> i actually just bought a new NVMe drive
22:07:47 <BillyZane> so, this is a question with regard to payouts
22:08:14 <BillyZane> if i joined a mining pool, i would still need my own node?
22:08:39 <BillyZane> or do i connect to the node that the mining pool utilizes
22:08:48 <BillyZane> i'm just confused about what this node is. how it works
22:08:59 <BillyZane> it seems like it is the full ledger itself
22:10:05 <BillyZane> so if i join a mining pool, having my own node just makes me more efficient as a miner
22:10:12 <BillyZane> ok i'll just get the node then
22:21:36 <m-relay> <o​frnxmr:monero.social> You don't need your own node to mine on a pool
22:22:24 <m-relay> <o​frnxmr:monero.social> When you mine on a pool, you connect to the pool -> pool is connected to their own node
22:22:38 <BillyZane> ofrnxmr, i see
22:23:07 <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
22:23:18 <BillyZane> but it seems i would have to manually download the node
22:23:26 <m-relay> <o​frnxmr:monero.social> syncing == downloading
22:23:30 <BillyZane> ahh i see
22:24:14 <BillyZane> so, while this is syncing just wondering...
22:24:24 <BillyZane> there's something called P2Pool
22:24:33 <BillyZane> do i have to find a pool or connect to a specific one
22:24:48 <m-relay> <o​frnxmr:xmr.mx> You should use your own node for p2pool
22:24:58 <BillyZane> ok, sounds good. i'll have that
22:25:12 <BillyZane> is P2Pool a good way to mine?
22:27:27 <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
22:28:21 <m-relay> <o​frnxmr:xmr.mx> you can mine
22:28:21 <m-relay> <o​frnxmr:xmr.mx> a) convenience b) decentralization c) profit
22:28:56 <m-relay> <o​frnxmr:xmr.mx> a = pool. b = p2pool or solo. c = solo
22:29:24 <BillyZane> mining solo is more profitable?
22:29:57 <m-relay> <o​frnxmr:xmr.mx> assuming average luck of 100%, yes.
22:30:09 <BillyZane> lol
22:30:21 <BillyZane> sorry my earlier statement came out jumbled up
22:30:30 <BillyZane> what i meant is... the pool takes a fee right
22:30:39 <m-relay> <o​frnxmr:xmr.mx> pools have fees. p2pool is costly to consolidate. Both pay your average minus fees
22:31:35 <BillyZane> what would happen if i contributed very little
22:31:44 <BillyZane> say i just ran this for 5 hours
22:31:52 <m-relay> <o​frnxmr: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
22:32:25 <BillyZane> how large are the fees?
22:32:30 <m-relay> <o​frnxmr:xmr.mx> solo wont find blocks in 5hrs. with 100kh (around 4 ryzen 5950s) youd find about 1 block every 40 days
22:32:59 <m-relay> <o​frnxmr:xmr.mx> Mining solo requires patience
22:33:00 <BillyZane> i see. i was planning to get a 5950 btw
22:33:45 <BillyZane> that's no problem, as long as i get the reward eventually
22:33:56 <BillyZane> my guess is, i would see the reward in my wallet one day
22:34:08 <BillyZane> it would be automatic, i won't have to do anything right
22:35:28 <m-relay> <o​frnxmr:xmr.mx> Right
22:36:40 <BillyZane> it looks like P2Pool has no fees
22:37:56 <m-relay> <o​frnxmr:monero.social> it has no pool fees. It fills your wallet with tiny amounts of xmr that need to be consolidated
22:40:04 <BillyZane> ofrnxmr, how does consolidation work?
22:40:25 <m-relay> <o​frnxmr:monero.social> Like have 3000 $1 bills
22:40:46 <m-relay> <e​longated:matrix.org> Cents
22:41:04 <BillyZane> so when i make a payment, i'll have a wallet filled with small bills?
22:41:10 <BillyZane> wtf
22:41:21 <BillyZane> isn't the wallet just a single floating point value?
22:41:26 <m-relay> <o​frnxmr:monero.social> Yeah, like have 3000 pennies
22:42:18 <m-relay> <e​longated:matrix.org> Yes, you use a separate mining wallet; send ALL to your main spending wallet whenever you need to.
22:42:52 <BillyZane> wow, ok i had no idea that was a thing. thanks
22:43:00 <m-relay> <m​x_mandelbrot42:matrix.org> BillyZane, if you are interested in P2Pool (no fees, morr regular payouts) checkout Gupax (https://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>
22:43:01 <m-relay> <m​x_mandelbrot42:matrix.org> node (most ideal). Also, consider checking out Gupaxx (https://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.
22:43:08 <m-relay> <o​frnxmr:xmr.mx> for p2pool, yea, use a separate wallet. For solo, it doesn't really matter since tour block rewards are public
22:43:32 <m-relay> <o​frnxmr:xmr.mx> mandelbrot42  advertising p2pool as no fees is false advertising
22:43:43 <m-relay> <o​frnxmr:xmr.mx> Its no _pool_ fees.
22:43:57 <m-relay> <m​x_mandelbrot42:matrix.org> Sorry, I misspoke.
22:43:57 <BillyZane> mx_mandel, checking it out
22:44:12 <m-relay> <m​x_mandelbrot42:matrix.org> BillyZane, if you are interested in P2Pool (no pool fees, more regular payouts) checkout Gupax (https://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>
22:44:13 <m-relay> <m​x_mandelbrot42:matrix.org> ocal node (most ideal). Also, consider checking out Gupaxx (https://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.
22:44:21 <m-relay> <m​x_mandelbrot42:matrix.org> I meant to say no pool fees
22:44:54 <BillyZane> thanks
22:44:59 <BillyZane> well i am building gupax atm
22:45:05 <m-relay> <m​x_mandelbrot42:matrix.org> I meant to say no pool fees. Post updated
22:45:11 <m-relay> <o​frnxmr:xmr.mx> Instead of paying fees to a pool operator, you pay tx fees
22:45:37 <BillyZane> so gupax would be the tool i use for mining?
22:45:49 <BillyZane> i wouldn't use the official monero CLI/GUI ?
22:46:07 <m-relay> <o​frnxmr:xmr.mx> you still need a wallet
22:46:21 <BillyZane> oh i see.
22:46:24 <m-relay> <o​frnxmr:xmr.mx> You dont have to run the wallet, but you need an address
22:46:47 <BillyZane> the wallet also has an option for mining built in to it
22:46:51 <BillyZane> but gupax is more advanced?
22:47:04 <m-relay> <o​frnxmr:xmr.mx> Gupax is p2pook
22:47:20 <BillyZane> i see
22:47:55 <m-relay> <o​frnxmr:xmr.mx> Gui wallet has p2pool as well, but slightly lower hashrate because it doesnt run with optimizations
22:48:16 <BillyZane> ahh i see, makes sense now. but it says here "start XMRig"
22:48:46 <m-relay> <o​frnxmr:xmr.mx> tldr: xmrig mines at a higher hashrate than p2pool's built in miner
22:48:47 <m-relay> <o​frnxmr:xmr.mx> GUI doesnt ship xmrig. It only ships p2pool
22:48:58 <BillyZane> i see
22:49:06 <BillyZane> that's interesting
22:49:14 <m-relay> <o​frnxmr:xmr.mx> I think, mostly, because xmrig has a 1% fee and GUI cant support any centralization of funds
22:49:30 <BillyZane> and they both run in parallel?
22:49:43 <m-relay> <o​frnxmr:xmr.mx> yes
22:50:12 <BillyZane> man i am getting a crash course, thanks
22:50:53 <BillyZane> so it looks like XMrig will utilize your GPU to do mining
22:51:07 <m-relay> <o​frnxmr:xmr.mx> nope
22:51:22 <BillyZane> i have gupax running now btw
22:51:28 <BillyZane> wait it doesn't?
22:51:43 <m-relay> <o​frnxmr:xmr.mx> xmrig can mine more than just xmr. It includes gpu support for gpu mined coins
22:51:53 <m-relay> <o​frnxmr:xmr.mx> Xmr is cpu mined
22:51:59 <BillyZane> i see, makes sense
22:52:34 <m-relay> <o​frnxmr:xmr.mx> Most gpu miners arent even open source 🥲. Xmrig might be the only one
22:53:52 <BillyZane> so XMRig automatically decides what coins to mine, exchanges it for XMR and puts it in my XMR wallet?
22:54:11 <BillyZane> i wish i was doing this a lot earlier
22:54:46 <m-relay> <o​frnxmr:xmr.mx> No
22:55:01 <m-relay> <o​frnxmr:xmr.mx> You manually choose what coin you want to mine, and you get paid in that coin
22:55:29 <m-relay> <o​frnxmr:xmr.mx> If you want to autoselect coins and get paid in xmr, you'd use a pool like moneroocean with their xmrig fork
22:56:00 <BillyZane> what should i use instead?
22:56:42 <m-relay> <o​frnxmr:xmr.mx> What is your goal
22:56:57 <BillyZane> i want privacy
22:57:05 <BillyZane> i want to be able to make purchases online using XMR
22:57:48 <BillyZane> i don't need a whole lot of XMR, but just spending money
22:58:04 <BillyZane> to that effect, i figure i could mine and get that pocket change
22:58:34 <m-relay> <m​ask007:matrix.org> Check out xmrbazaar dot com
22:58:47 <BillyZane> yes i have heard of some of these places :D
22:58:51 <BillyZane> this is what got me interested
22:59:07 <BillyZane> today i opened my very first crypto wallet
22:59:24 <BillyZane> so i am a noob
22:59:48 <m-relay> <o​frnxmr:xmr.mx> fastest way to acquire xmr: Buy/earn
22:59:53 <m-relay> <s​yntheticbird:monero.social> BillyZane you are at the good place then. We take care of noobs
23:00:14 <m-relay> <s​yntheticbird:monero.social> ofrnxmr is right, mining is very rarely a plausible way of getting XMRs
23:00:21 <m-relay> <m​ask007:matrix.org> Check out cryptwerk dot com 
23:00:23 <m-relay> <m​ask007:matrix.org> It's got a directory of platforms accepting Monero and other cryptos
23:00:39 <BillyZane> i see
23:00:44 <m-relay> <o​frnxmr:xmr.mx> mining without a large operation wont bring you enough xmr to spend, but it will pay you to secure the network
23:00:45 <m-relay> <m​ask007:matrix.org> But it's expensive and not everyone can afford it
23:00:59 <m-relay> <s​yntheticbird:monero.social> ?
23:01:02 <m-relay> <o​frnxmr:xmr.mx> Bitcoin is expensive
23:01:25 <m-relay> <o​frnxmr:xmr.mx> 19m btc @ $100k each. 18.5m xmr at $200
23:01:29 <m-relay> <s​yntheticbird:monero.social> BillyZane are you european ?
23:01:30 <BillyZane> FYI, i don't pay for electricity (i already pay for it through rent agreement)
23:02:04 <BillyZane> i was thinking of getting a 5950x and just running it often
23:02:23 <BillyZane> or i can use my current 3600x, which has about 1/3rd the hashrate
23:02:31 <m-relay> <o​frnxmr:xmr.mx> running it 24/7 :) lol
23:02:40 <m-relay> <m​ask007:matrix.org> Haven't had my hands on Bitcoin for a while 
23:02:41 <m-relay> <m​ask007:matrix.org> I don't cryptocurrency as an investment but as a solution for payment.
23:02:43 <m-relay> <m​ask007:matrix.org> With the advent of Web3 crypto payment will solve the issue of credit card fraud.
23:02:45 <BillyZane> sync, no i am from the US
23:05:02 <m-relay> <m​ask007:matrix.org> I'll order anything across the Web2,Web3, dot Onion,i2p
23:05:03 <m-relay> <m​ask007:matrix.org> Check out this listings
23:05:05 <m-relay> <m​ask007:matrix.org> https://xmrbazaar.com/listing/iJJr/
23:05:57 <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?
23:06:45 <BillyZane> GUpax is asking me for a monero address in XMRig
23:11:03 <m-relay> <m​x_mandelbrot42:matrix.org> Im Gupax, you only need to specify a Monero address in the Monero Address field within the P2Pool tab
23:12:46 <BillyZane> in the P2Pool tab, i have found an external node to connect to
23:13:43 <m-relay> <m​x_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.
23:14:12 <BillyZane> i see
23:17:56 <BillyZane> so if i'm understanding this correctly, XMRig connects to the 'local P2Pool'
23:18:19 <BillyZane> and the 'local P2Pool' connects to a node
23:18:49 <m-relay> <m​x_mandelbrot42:matrix.org> Yes
23:19:15 <BillyZane> in this case, i am connecting to a website, node.***.net
23:19:21 <BillyZane> err, URL rather
23:19:39 <m-relay> <s​yntheticbird:monero.social> BillyZane, you can use public node for mining its just not optimal because of latency
23:19:54 <BillyZane> i see, it says "warning: it si recommended to use your own monero node"
23:20:05 <m-relay> <o​frnxmr:xmr.mx> Gupax includes public nodes
23:20:12 <BillyZane> i see
23:20:20 <BillyZane> how do i connect to my local node on Gupax?
23:20:22 <m-relay> <o​frnxmr:xmr.mx> Really, less questions, more doing
23:20:41 <m-relay> <o​frnxmr:xmr.mx> Follow instructions / docs until you hit a roadblock
23:20:50 <BillyZane> ofrnxmr, i am currently synchronizing
23:20:57 <m-relay> <o​frnxmr:xmr.mx> Dont make things more difficult than they are
23:21:16 <m-relay> <s​yntheticbird:monero.social> calm bro is a complete noob
23:21:18 <m-relay> <o​frnxmr:xmr.mx> gupax doesnt require a local node
23:21:28 <m-relay> <o​frnxmr:xmr.mx> I am noob too
23:21:45 <m-relay> <o​frnxmr:xmr.mx> i'm the #3 noob
23:22:44 <BillyZane> gupax is not giving me the option to use a local node
23:23:05 <BillyZane> is this because the local node is not ready yet? (still synchronizing)
23:23:39 <BillyZane> ok, sec
23:24:17 <m-relay> <m​x_mandelbrot42:matrix.org> BillyZane, so you configured the local node within the P2Pool tab right? Advanced mode
23:24:19 <BillyZane> https://github.com/hinto-janai/gupax#running-a-local-monero-node <-- this has some answers
23:25:00 <BillyZane> yes, i am starting to understand. the local node is managed by the monero daemon
23:25:43 <BillyZane> then my guess is i can connect to the local node in Gupex
23:25:50 <m-relay> <m​x_mandelbrot42:matrix.org> And also P2pool has to wait for your local node to finish synchronizing
23:25:55 <BillyZane> Gupax*
23:26:05 <BillyZane> yes that's right
23:26:16 <BillyZane> and i should have two wallets, one for use, one for mining
23:26:24 <BillyZane> i guess the one i just created will be the mining wallet
23:26:34 <m-relay> <m​x_mandelbrot42:matrix.org> Yes
23:26:54 <BillyZane> now this is the part that really blows my mind...
23:27:07 <BillyZane> the mining wallet will be filled with tiny transactions
23:27:23 <BillyZane> when i send a lot of these to my main wallet, it will consolidate
23:27:43 <BillyZane> how does sending work if i were to make a purchase?
23:27:46 <m-relay> <m​x_mandelbrot42:matrix.org> That's right
23:28:00 <BillyZane> i mean, lets say i have a $1000 bill in my wallet, i need to break it some how?
23:28:13 <BillyZane> it is automatically going to reconstitute the amount i need to send?
23:31:46 <m-relay> <o​frnxmr:xmr.mx> If you are sending $50 and have a $1000 bill, it sends 50 to the recipient and 950 to you
23:32:05 * BillyZane falls over
23:32:20 <m-relay> <o​frnxmr:xmr.mx> In other words, you get 950 in change
23:33:05 <BillyZane> ok i see.
23:33:46 <BillyZane> appreciate all the info/help btw
23:34:33 <m-relay> <m​x_mandelbrot42:matrix.org> BillyZane, if you are interested in P2Pool (no pool fees, morr regular payouts) checkout Gupax (https://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>
23:34:35 <m-relay> <m​x_mandelbrot42:matrix.org> ocal node (most ideal). Also, consider checking out Gupaxx (https://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.
23:38:58 <m-relay> <m​x_mandelbrot42:matrix.org> Of course. Good luck BillyZane