<l​etthegamebegins:matrix.org> Hello I'm new to monero

<l​oeasy6:matrix.org> Hello

<l​etthegamebegins:matrix.org> Can someone please recommend the best mining software for monero

<l​oeasy6:matrix.org> You should make a local node then use xmrig

<l​etthegamebegins:matrix.org> Little details..I only used to mine ETH before and it's been a long time I almost forgot everything

<l​oeasy6:matrix.org> Ok, First download monero gui getmonero.org/downloads

<l​oeasy6:matrix.org> Then select advanced node, This will allow you to sync your node, But warning it will use a lot of storage space, A local node is safer then using a remote node, Remote nodes can be hacked

<l​etthegamebegins:matrix.org> Don't worry I've 1 tb SSD and 2 tb harddrive

<l​oeasy6:matrix.org> Ok, Same I got 1 TB SSD and 2 TB hard drive, 8TB Hardrive

<l​etthegamebegins:matrix.org> Let me be there okay thanks

<l​oeasy6:matrix.org> You're welcome, If you have any questions just message me

<l​etthegamebegins:matrix.org> I think cui is better as I've better specs

<l​etthegamebegins:matrix.org> But it takes a lot of time to dive into right

<l​etthegamebegins:matrix.org> It's okay I'll start from gui

<m​ark:chat.nicecrew.digital> Or simply go on MoneroOcean, get the MO-XMRig, and it'll mine the most profitable coin there is and get you paid in Monero.

<m​ark:chat.nicecrew.digital> You don't even have to download the entire Blockchain that way.

<m​ark:chat.nicecrew.digital> If you want to heat your room you can also mine with your GPU on Monero Ocean and get paid in Monero as well. That's how I heat in the winter.

<l​etthegamebegins:matrix.org> I want to heat so I'm here as it's been a long time I left mining and forgot the process..I think monero will be good so I want to give a try

<l​etthegamebegins:matrix.org> I currently have 2 rtx 3080 with zero electricity bill how much I can make by analysing this market

<l​oeasy6:matrix.org> It's more of cpu mining then gpu

<l​etthegamebegins:matrix.org> I've i9

<l​etthegamebegins:matrix.org> But only one

<l​oeasy6:matrix.org> Ok, Should be good to start out

<m​ark:chat.nicecrew.digital> whattomine.com

<m​ark:chat.nicecrew.digital> xmrig.com/benchmark

<m​ark:chat.nicecrew.digital> First link for your GPUs, second link for your CPU.

<l​etthegamebegins:matrix.org> I'll start with the wallet first

<l​etthegamebegins:matrix.org> Serucity first

<l​etthegamebegins:matrix.org> Security

<m​ark:chat.nicecrew.digital> Also zero electricity bill doesn't exist. Someone is paying for it so make sure you're fine stealing from him or her.

<l​etthegamebegins:matrix.org> My company pays for that

<l​etthegamebegins:matrix.org> No worries

<l​etthegamebegins:matrix.org> Before I used binance and minerstat for Eth I was pretty good then but due to mining difficulties I stopped

<l​etthegamebegins:matrix.org> Thanks for your help appreciated it

l​etthegamebegins:matrix.org: My company pays for that

Then fire xmrig at every node that has a few CPU cores free ;-)

<m​artin.monero:matrix.org> what is the cost to Mine 1 XMR?

<e​longated:matrix.org> Zero

:-)

<m​artin.monero:matrix.org> you must me smarter than AI :D as per AI response "The cost of mining 1 Monero (XMR) varies significantly depending on numerous factors, notably hardware efficiency, electricity costs, mining difficulty, and the current network hashrate. Unlike Bitcoin, which relies on ASIC devices for optimal mining, Monero uses the RandomX algorithm, favouring CPU and GPU mining. As a result, co<clipped message>

<m​artin.monero:matrix.org> sts can differ widely based on the selected hardware and geographic region (Smith 2022, p. 48). This essay provides an illustrative calculation to demonstrate how one might estimate the cost of mining 1 XMR.

<m​artin.monero:matrix.org> To begin, assume a single GPU with a hashrate of 1,000 H/s (hashes per second) and a power consumption of 150 W. Let us set the electricity rate to USD 0.10 per kWh. Over the course of 24 hours (86,400 seconds), the total energy consumed can be calculated as follows:

<m​artin.monero:matrix.org> Energy consumed per day = (Power consumption × Time) / 1,000

<m​artin.monero:matrix.org> = (150 W × 86,400 s) / 1,000

<m​artin.monero:matrix.org> = 12,960 Wh

<m​artin.monero:matrix.org> = 12.960000 kWh

<m​artin.monero:matrix.org> At an electricity rate of USD 0.10 per kWh, the daily electricity cost becomes:

<m​artin.monero:matrix.org> Daily electricity cost = 12.960000 kWh × 0.10 USD/kWh

<m​artin.monero:matrix.org> = 1.296000 USD

<m​artin.monero:matrix.org> Next, the approximate number of days required to mine 1 XMR depends on both the network difficulty and the block reward. As of recent network conditions, the average reward stands around 0.6–0.7 XMR per block, and the difficulty has been observed in the range of 380,000,000,000 to 420,000,000,000. For simplicity, we can estimate 0.06 XMR earned per day at the given hardware setu<clipped message>

<m​artin.monero:matrix.org> you must me smarter than AI :D as per AI response "The cost of mining 1 Monero (XMR) varies significantly depending on numerous factors, notably hardware efficiency, electricity costs, mining difficulty, and the current network hashrate. Unlike Bitcoin, which relies on ASIC devices for optimal mining, Monero uses the RandomX algorithm, favouring CPU and GPU mining. As a result, co<clipped message>

<m​artin.monero:matrix.org> sts can differ widely based on the selected hardware and geographic region. This essay provides an illustrative calculation to demonstrate how one might estimate the cost of mining 1 XMR.

<m​artin.monero:matrix.org> To begin, assume a single GPU with a hashrate of 1,000 H/s (hashes per second) and a power consumption of 150 W. Let us set the electricity rate to USD 0.10 per kWh. Over the course of 24 hours (86,400 seconds), the total energy consumed can be calculated as follows:

<m​artin.monero:matrix.org> Energy consumed per day = (Power consumption × Time) / 1,000

<m​artin.monero:matrix.org> = (150 W × 86,400 s) / 1,000

<m​artin.monero:matrix.org> = 12,960 Wh

<m​artin.monero:matrix.org> = 12.960000 kWh

<m​artin.monero:matrix.org> At an electricity rate of USD 0.10 per kWh, the daily electricity cost becomes:

<m​artin.monero:matrix.org> Daily electricity cost = 12.960000 kWh × 0.10 USD/kWh

<m​artin.monero:matrix.org> = 1.296000 USD

<m​artin.monero:matrix.org> Next, the approximate number of days required to mine 1 XMR depends on both the network difficulty and the block reward. As of recent network conditions, the average reward stands around 0.6–0.7 XMR per block, and the difficulty has been observed in the range of 380,000,000,000 to 420,000,000,000. For simplicity, we can estimate 0.06 XMR earned per day at the given hardware setu<clipped message>

The cost of mining 1 Monero (XMR) varies significantly depending on numerous factors <- I don't need any AI for that, just my brain

<l​etthegamebegins:matrix.org> Yeah man if you don't have to bear the expenses it's far profitable

<l​etthegamebegins:matrix.org> In that case the more power the better

It's amazing how bad AI still is at answering questions. It just spits out random text. Monero GPU is ineffective. Good AI would name a few CPUs that have the most computing power/energy consumption per watt/acquisition cost.

$websearch 'monero mining calculator' delivers better results than AI :-)

xmrig.com/benchmark monero.how/monero-mining-calculator

of course so called ai is complete garbage, starting with the name

it just copy pastes random garbage

<f​rogr:ow0.monster> Hiii

<f​rogr:ow0.monster> Recurrent question, as of today waist is the easiest way to buy xmr in the EU. I just used to get them kraken but that party is over😭

<b​asses:matrix.org> Any reason for recommending these services? Also, is it better to buy resellers VPSs from known companies like Hetzner? like mynymbox.io or servers.guru , or it is still processed by their backend?

<b​asses:matrix.org> or infra

<s​yntheticbird:monero.social> i need to test urdn. I heard of them before

<r​ottenwheel:unredacted.org> Have you checked if you can buy XMR in Cake Wallet? It has some on/off ramps baked into the application.

<m​ark:chat.nicecrew.digital> If you have a Kraken account just get some Litecoin there and swap it for Monero on Trocador.

<m​ark:chat.nicecrew.digital> If you don't have an account or anything and don't want to bother, just buy some with your credit card:

<m​ark:chat.nicecrew.digital> matrix.monero.social/_matrix/media/…ew.digital/LWLRQFQgUtWsXmTzcXWVbSNe

<m​ark:chat.nicecrew.digital> And if you're a nerd or don't want to use centralized systems you can buy some P2P on Reto Swap.

YES, this is the way

It is not about centralization, rather about them not having a copy of your ID ready to leak

<l​ucidlynx:envs.net> Do you need ID to purchase within cake? I’m just curious

<s​yntheticbird:monero.social> Depends

<s​yntheticbird:monero.social> never tested it but I've heard peopl requiring to put ID

<s​yntheticbird:monero.social> but its rare afaik

<l​ucidlynx:envs.net> Ah maybe if they require ID for purchases over a certain amount and it may depend on the internal provider they choose since there are different options depending on where you are it seems

Maybe there are all sorts of other checks that may trigger it?

<l​ucidlynx:envs.net> Most likely, and like any build in exchange you’re paying more than the market value

<l​ucidlynx:envs.net> if the current price is 190usd for 1 xmr you’re paying 200

if you are using a CC for purchase, isn't that ID?

on cake

<l​ucidlynx:envs.net> You mean as in linked to your real life bank account?

linked to your real life you

<l​ucidlynx:envs.net> Indeed, it’s kinda the same if you make a trade on reto swap using WISE but that would really only be between the two individuals doing the transaction

<l​ucidlynx:envs.net> Even that scenario if preferable to central exchange were they basically want your photo ID and possibly even proof of address and to know the source of your finances

<l​ucidlynx:envs.net> Even that scenario is preferable to central exchange were they basically want your photo ID and possibly even proof of address and to know the source of your finances

<o​frnxmr:xmr.mx> Unless the seller is fed

<l​ucidlynx:envs.net> Monero isn’t illegal to buy even though it’s been delisting from most exchanges

o​frnxmr imma not a fed, buy from me

<l​ucidlynx:envs.net> If purchasing ltc from a centralised exchange they’ll probably just assume it’s going to be swapped for xmr

<o​frnxmr:xmr.mx> Why?

<o​frnxmr:xmr.mx> And who cares? Owning xmr isnt illegal

<o​frnxmr:xmr.mx> An exchange might not be allowed to sell it to you, but there's no law aginst using your ltc to buy xmr

<s​ervers.guru:matrix.servers.guru> Jsut a heads up that we don't resell hetzner anymore except for arm and cloud server. All other locations and plan are our own virtualization stack on dedis.

<l​ucidlynx:envs.net> I know it’s just a thought considering how often that’s the advice people give when someone asks how to buy xmr

nioCat, yeah. Card is kind of an ID. But at least an ID that is easily cancelable and that can be kept at near-zero balance - thus useless for, say, taking a loan in your name.

I wish I could have disposable cards so that I have no fear about them being charged without consent, but have not found such a service here. And I mostly use cash anyway (before I cared for privacy, it was for this reason).

<s​iren:kernal.eu> Resellers don't ruin the servers with crappy cloud-init scripts and network is secure. The first two options are not resellers. Mynymbox also has an option other than resells. I used all of these services before.

<s​iren:kernal.eu> I'm not aware of any bad practices by mynymbox and servers.guru

a CC is a loan balance so a zero balance means that it can be used for a loan up to its limit

<s​iren:kernal.eu> I haven't had a customer using their servers yet. That's how we ended up testing so many different providers.

nioCat, my card is debit tho. Never used a credit one, partially because of this. I avoid debt in general.

<s​iren:kernal.eu> rando: in the case of kyun, they were misusing cloud-init. Cloud-init is meant to run once to provision the server. They were triggering it with qemu-exec to set SSH keys and passwords. So it didn't matter if the customer regenerated keys, those are reset by their cloud-init anyway.

<s​iren:kernal.eu> > <@siren:kernal.eu> Resellers don't ruin the servers with crappy cloud-init scripts and network is secure. The first two options are not resellers. Mynymbox also has an option other than resells. I used all of these services before.

<s​iren:kernal.eu> @basses:matrix.org: in the case of kyun, they are misusing cloud-init. Cloud-init is meant to run once to provision the server. They were triggering it with qemu-exec to set SSH keys and passwords. So it didn't matter if the customer regenerated keys, those are reset by their cloud-init anyway.

<s​iren:kernal.eu> > <@siren:kernal.eu> Resellers don't ruin the servers with crappy cloud-init scripts and network is secure. The first two options are not resellers. Mynymbox also has an option other than resells. I used all of these services before.

<s​iren:kernal.eu> @basses:matrix.org: in the case of kyun, they are misusing cloud-init. Cloud-init is meant to run once to provision the server. They were triggering it with qemu-exec to set SSH keys and passwords. So it didn't matter if the customer regenerated keys, those would reset by their cloud-init anyway.

<s​iren:kernal.eu> > <@siren:kernal.eu> Resellers don't ruin the servers with crappy cloud-init scripts and network is secure. The first two options are not resellers. Mynymbox also has an option other than resells. I used all of these services before.

<s​iren:kernal.eu> @basses:matrix.org: in the case of kyun, they are misusing cloud-init. Cloud-init is meant to run once to provision the customer's server. They were triggering it with qemu-exec to set SSH keys and passwords. So it didn't matter if the customer regenerated keys, those would reset by their cloud-init anyway.

<s​iren:kernal.eu> > <@siren:kernal.eu> Resellers don't ruin the servers with crappy cloud-init scripts and network is secure. The first two options are not resellers. Mynymbox also has an option other than resells. I used all of these services before.

<s​iren:kernal.eu> @basses:matrix.org: in the case of kyun, they are misusing cloud-init. Cloud-init is meant to run once to provision the customer's server. They were triggering it with qemu-exec to set SSH keys and passwords. So it didn't matter if the customer regenerated keys, those would be reset by their cloud-init anyway.

IRC is better than matrix because we get more words :)

IRC is better because it's much easier to host a server or a bouncer)

<s​iren:kernal.eu> Sorry, having a bath.

<s​yntheticbird:monero.social> \> Explain a vuln

<s​yntheticbird:monero.social> \> "Sorry, having a bath."

<s​yntheticbird:monero.social> \> Refuse to elaborate

<s​yntheticbird:monero.social> \* gigachad \*

siren enjoy!!

<s​iren:kernal.eu> I think you can find the scripts in question by searching for cloud-init in their public chat.

<s​iren:kernal.eu> Thanks nioCat

<s​ervers.guru:matrix.servers.guru> Make sure to let us know if you do!

<b​asses:matrix.org> ok, thanks a lot

<b​asses:matrix.org> "Sorry, having a bath." cuz spam edit on IRC

<b​asses:matrix.org> also digilol.net/pentests/kyun-api-web.pdf is they report they have done on kyun, but missing the IP spoofing they recently discover (would be great if they updated their pentest report).

<b​asses:matrix.org> is the report*

<b​asses:matrix.org> you can contract or partner with them, pentest audits are good

<s​iren:kernal.eu> There will be a blog post soon about that and several other common vulns in different providers. We're waiting for them to respond, if they ignore for now give them 3 months before public disclosures etc.

<s​ervers.guru:matrix.servers.guru> I will keep that in mind. We certainly should do that.

<f​rogr:ow0.monster> Thx bro.

<f​rogr:ow0.monster> Why is ltc preferred over other coins when swapping?

<l​oeasy6:matrix.org> It normally has cheap fees

<f​rogr:ow0.monster> I've been out of the loop of cryptocurrencies

<f​rogr:ow0.monster> Oh OK gotcha

<s​yntheticbird:monero.social> faster, cheaper, safer, trusted

<o​frnxmr:monero.social> Highly liquid

<b​asses:matrix.org> also not Bitcoin

is there a point to it not being bitcoin or is it just a religious howl?

<s​yntheticbird:monero.social> i think there are multiple points

<wearethelifersyetagain> monero good cuz where i live people put monero stickers so they know it exists :D

<o​frnxmr:xmr.mx> Bitcoin is slow, expensive, and often considered dirty

<g​unter:kyun.host> There is no problem in using a Hetzner reseller if you host non-controversial stuff. Do keep in mind that any server provider will have access to your server even if you use FDE so Hetzner will have access to IP logs and such

<g​unter:kyun.host> BuyVM has a Luxembourg location if you don't mind serious CPU steal

<k​y:fluffiest.net> i wanna do this but idk if i should worry about current crypto tax regulations

<m​ark:chat.nicecrew.digital> Depends on your country

<k​y:fluffiest.net> murica

<g​unter:kyun.host> You have to report each time you spend/use crypto as a sell

<k​y:fluffiest.net> i've definitely been reporting

<k​y:fluffiest.net> 😉

<g​unter:kyun.host> Buying on Haveno might be better if you wanna avoid tax agencies and don't plan on selling again

<k​y:fluffiest.net> with all the wallets i lost i actually cant prove any of my money went anywhere

<k​y:fluffiest.net> its like i never had it

<k​y:fluffiest.net> market was dry last time i checked but its been a while so i bet there are a lot more people to trade with now

<g​unter:kyun.host> Usually plenty of options around the coingecko price

<g​unter:kyun.host> If there isn't just make an offer yourself and set the price to market price and someone will fill it quickly enough

<s​iren:kernal.eu> I see that you already have an affiliate program. We're constantly on the look for secure Monero positive hosting providers to direct our customers to. You look like a good candidate :)

<k​y:fluffiest.net> this has been fixed afaik

<l​oeasy6:matrix.org> Hi

<s​iren:kernal.eu> I wouldn't know, I'm not in their cesspit of a chat

<k​y:fluffiest.net> would be a good idea to say that when you make a statement

<k​y:fluffiest.net> but this used to be the biggest gripe of mine

<k​y:fluffiest.net> it got fixed recently so now i can suitably host a tilde from kyun without worrying about host keys changing

<s​iren:kernal.eu> Nah, that was quite recent

<k​y:fluffiest.net> it was also fixed, quite recently

<k​y:fluffiest.net> so Nah x2

<s​iren:kernal.eu> Plus they don't pay and they're disrespectful so I don't care about tracking. If anyone is so involved in hosting there, they can figure out themselves.

<k​y:fluffiest.net> they dont pay what

<s​iren:kernal.eu> I'm concerned as long as our customers are concerned since they pay for audits. Currently none host there.

<r​ottenwheel:unredacted.org> The audits, maybe, dum dum.

<k​y:fluffiest.net> they didnt pay digilol?

<s​iren:kernal.eu> Also I mentioned this here several times already and have given out how to track the vulnerability status. Whoever invited you here failed to relay this information.

<r​ottenwheel:unredacted.org> I can recommend servers.guru myself.

<r​ottenwheel:unredacted.org> Nooo!!! The IRS, who else?

<s​iren:kernal.eu> > <@ky:fluffiest.net> would be a good idea to say that when you make a statement

<s​iren:kernal.eu> Also I mentioned this here several times already and have given out instructions on how to track the vulnerability status. Whoever invited you here failed to relay this information.

<k​y:fluffiest.net> whos this rottenwheel guy and why are they talking to me like a retard

<k​y:fluffiest.net> not a very good first impression i'd say

<r​ottenwheel:unredacted.org> Like a give two fucks what impression I give to you.

<k​y:fluffiest.net> you got some sass in your pants my friend?

<k​y:fluffiest.net> i got some extra jeans for you

<k​y:fluffiest.net> dont worry

<r​ottenwheel:unredacted.org> You want to take it out for me.

<k​y:fluffiest.net> if it'll make you feel better princess

<r​ottenwheel:unredacted.org> Cum here bb.

<k​y:fluffiest.net> yes because i was invited to join a monero room not a security auditing room

<k​y:fluffiest.net> whoever invited you here failed to relay the information that this is a **Monero** room

<r​ottenwheel:unredacted.org> [@ky:fluffiest.net](https://matrix.to/#/@ky:fluffiest.net) hey dude! Make me a sandwich!

<k​y:fluffiest.net> its Mz. actually

<k​y:fluffiest.net> and say the magic word

<r​ottenwheel:unredacted.org> Okay, Mr.

<r​ottenwheel:unredacted.org> Make me a sandwich, bb.

<s​iren:kernal.eu> >pls don't talk badly about kyun sar we're here to defend sar this is a monero room, not security audit room