08:00:11 yo, that's wild 👏 just curious, which would be a better investement for a new miner? one really good AMD CPU or 6 old laptops with decent consumer grade Intel CPUs? thinking about making an optimized gentoo ebuild if the first option is better 08:11:15 <17lifers:matrix.org> intel sucks for mining as they dont have cache, an i7 3770 mines at max 2.7khs (https://xmrig.com/benchmark?cpu=Intel%28R%29+Core%28TM%29+i7-3770+CPU+%40+3.40GHz) but only on 4 threads, it has not enough cache to mine on all its 8 threads 08:12:24 lol, wut? fireice_uk is still around, and still shooting against Monero? See the stickied comment here: https://old.reddit.com/r/zec/comments/1m1jac7/zec_is_doing_what_monero_never_will_real_swaps/ 08:15:15 thanks a lot for the prompt response, have an awesome weekend! 08:22:35 i hadn't heard of naxo.com before 08:25:03 17lifers (Ryan): how much hash power is that? you must have quite a big rig? 08:25:36 Zephyr: my best guess is that old hardware will eat in your profit because it's not very efficient 08:26:55 But I also wonder, better have 1 powerfull AMD EPYC or several cheaper AMD Ryzen's ? What is the sweet spot? 08:30:03 if you make a large down payment, it might be nicest to have a few EPYCs so you could mine in your own pool 08:30:35 so might be worth starting with an EPYC for that use case 08:31:58 If I calculate correctly, to get 450 USD / day you need like 20 MH/s? 08:32:16 sorry, per month 08:32:55 I think I made a mistake somewhere :) 08:33:18 <17lifers:matrix.org> i didnt say a day 08:33:19 <17lifers:matrix.org> ;-; 08:33:25 yeah I realize 08:33:42 <17lifers:matrix.org> https://matrix.monero.social/_matrix/media/v1/download/matrix.org/OPMUhGqjhjdCymgJONVllwGY 08:33:43 <17lifers:matrix.org> this hashvault guy can pull it off 08:33:57 more like 7 MH/s? 08:34:40 hi human beings, how about Opteron 6386 for mining xmr? 08:35:03 or what about ARM vs AMD? 08:35:09 <17lifers:matrix.org> beep boop i'm a bot 🤖 08:35:58 <17lifers:matrix.org> xmrig dot com slashhhhhhh benchmark! thats again, xmrig dot com slash benchmark. 08:35:59 The rates on xmrig benchmark, they are in H/S right? 08:36:20 <17lifers:matrix.org> no theyre in turkish lira per hour 08:36:24 <17lifers:matrix.org> https://matrix.monero.social/_matrix/media/v1/download/matrix.org/PDehmAsjKyDIZQuCvYCrXtVq 08:36:28 <17lifers:matrix.org> 13khs 08:36:38 <17lifers:matrix.org> if rounded off 13khs 08:38:53 So you would need like 3 to 4 AMD EPYC 9965 192-Core's to mine 15 dollar / day (rough estimate, current situation). 08:40:19 if it's 7MH/s for $450/month then you need like 30 08:40:58 I suck at math sorry 😂 08:41:16 you good chief 08:43:23 [@eddie:oblak.be](https://matrix.to/#/@eddie:oblak.be) , do you know if it's a bad idea to use cake wallet to purchase BTC with fiat over orbit and then transfer that to monero? feel like the answer is yes but can't find where to confirm the issue 08:43:57 No I have no idea what orbit is 08:44:20 I don't use cake either, except for small payments with the phone 08:44:29 *orbot. mobile tor cliemt 08:45:13 depends on how you buy the BTC, if it's in your own name using tor doens't make much sense 08:45:20 <17lifers:matrix.org> fake your name being "Hatsune Miku" 08:45:23 <17lifers:matrix.org> >w< 08:45:30 <17lifers:matrix.org> \>\w\< 08:45:33 <17lifers:matrix.org> \>w\< 08:46:33 I used to buy BTC with cash using an ATM , then swap that into XMR 08:48:37 interesting, forgot ATMs have BTC. doesn't the ATM still have a camera and know what wallet you're using? 08:49:34 depends on where the ATM is I guess 08:49:42 Or you mean built-in camera? 08:49:49 Never realized that's possible 08:50:14 Haven't used it in a while because it became less acessible 08:51:07 not affiliated but used it once, it's quite nice: https://peachbitcoin.com/ 08:51:26 P2P bitcoin trading, no KYC 08:57:44 thank you for the link. seems similar to cake, but i'll check the documentation for both 09:00:27 now for a funny final question. is XMR a better alternative investment than a retirement plan? or is the possibility of the protocol being deanonymized or lacking solid dev maintainence make it too risky for the super long term? 09:03:17 You answered it yoursel 09:03:17 You answered it yourself 09:04:16 there is no 'digital' alternative coin that is better than a regular retirement plan 09:05:03 <17lifers:matrix.org> step 1: get born 09:05:03 <17lifers:matrix.org> step 2: get rich 09:05:05 <17lifers:matrix.org> step 3: retire 09:05:07 <17lifers:matrix.org> ez, life speedrun 09:05:58 yes, just step 2 isn't easy to accomplish :P 09:06:10 idk, if you were born in Venezuela then Robux or Runescape gold might be > retirement plan 09:08:40 retirement plans typically don't consist of 1 underlying investment 09:08:51 but are a mix of various things 09:09:20 they are often also rewarded tax breaks etc because it's a scam by bankers and gov'ts 09:09:25 <17lifers:matrix.org> just xmrig hard enohgh 👍️👍️👍️ 09:09:33 <17lifers:matrix.org> just xmrig hard enough 👍️👍️👍️ 09:09:47 <17lifers:matrix.org> anyone remember xmr went to 400 09:09:53 <17lifers:matrix.org> it could go up any time then u get rich 09:10:30 anyone remember when XMR was worth 1 dollar? 09:10:33 ^insert gambler fallacy digging image 09:11:01 <17lifers:matrix.org> 99% of xmriggers quit before xmr at 1000usd 09:11:24 I remember I bought at that price then it went to 100 😂 09:11:53 <17lifers:matrix.org> lmao 09:13:17 <17lifers:matrix.org> https://matrix.monero.social/_matrix/media/v1/download/matrix.org/mnOXGNWSeBjwrPrjLwnyJQxq 09:13:19 <17lifers:matrix.org> such excitement 09:13:53 > is XMR a better alternative investment than a retirement plan? 09:14:04 which number go up best? 09:14:18 thanks for the confirmation. it's just interesting to think that if shit hits the fan in your country (even if not currency related), you can nope out and live comfortably elsewhere with enough xmr 09:14:48 sure, but I would never use 1 asset for a retirement *plan* 09:15:07 if you want safety you need diversification 09:16:24 never try to predict the future, but invest in a way that *whatever* happens it doesn't affect you too much. 09:21:26 smart, i appreciate learning finances from a historical figure and a hatsune miku pfp 09:22:02 <17lifers:matrix.org> \>.\< 09:22:17 if you haven't already, booktip; fooled by randomness 09:23:12 I don't agree with everything Taleb says, for example he doesn't understand crypto, but he has a lot of really interesting ideas regardless 09:24:48 b-b-but Luke Smith said Taleb wasn't based and redpilled on twitter anymore 09:25:28 Read the book then judge yourself 09:25:46 bet 15:53:18 yo - are people normally banned from #monero-pools? 15:53:59 also, are we cooked? https://qubic-xmr-stats.streamlit.app/ 15:54:21 Yes 15:54:25 The room ia banned 15:54:27 panic sell 15:54:40 monero is doomed 15:54:41 qubic has won 15:54:43 thanks m-relay 15:55:22 always a pleasure 15:55:47 anyone who isn't pushing for a new world order coin have some thoughts? 15:56:37 Network reports far less hr than pools 15:56:39 Qubic probably lying 15:57:10 They have 9% of the last 100 blocks 15:57:12 🤔 15:57:38 Support 35, hashvault 23, nano 17, qubic 9 15:58:03 that's still pretty significant in a short amount of time? since starting in May? 15:58:23 Tis what happens when you run a botnet, isnt it? 15:58:30 my thoughts exactly. 15:58:38 We had a botnet with 1.5gh before 15:58:47 That cycled on and off every 12hrs 15:59:00 When global hash was like 3gh 15:59:05 There is no panic sell, price dropped 0.3% last 24h 15:59:38 <17lifers:matrix.org> i wish its owner were me id be very rich >.< 15:59:42 so like, on the edge of a 51% attack? 15:59:53 I panic sell low and panic buy high. Am i winning yet? 16:00:07 They got arrested 16:00:15 lmao 16:00:23 every 12h? sounds like they didn't wanna get caught when employees were working 16:00:28 i call that relationship symbiotic 16:00:31 Ya 16:00:44 they were gaming the difficulty adjuatment 16:01:33 ok. we can't really do anything except get more people to mine. 16:01:36 that's the mission. 16:01:48 There's only one solution, add more diversified hashrate 16:01:49 indeed 16:02:53 <17lifers:matrix.org> the fun begins @ nite(tm) 16:03:04 why then? 16:03:35 <17lifers:matrix.org> get more miners :3 16:03:37 <17lifers:matrix.org> xmrig harder :3 16:03:43 <17lifers:matrix.org> obtain more stuff >:33333 16:05:22 <17lifers:matrix.org> nahh its just 16:05:32 <17lifers:matrix.org> https://matrix.monero.social/_matrix/media/v1/download/matrix.org/rWJraoVhmwBxoTXGszuZxIez 16:05:41 <17lifers:matrix.org> get friends to download beta of your desktop application for your newly released saas software 16:06:24 <17lifers:matrix.org> you all should join hashvault's discord for daily comedy lmao 16:17:58 WTF - Qubic's fouders twitter: https://x.com/c___f___b/status/1948658611284070517 16:18:11 sorry for posting a twitter link, i hate it too 16:19:20 <17lifers:matrix.org> use nitter.net 16:19:32 <17lifers:matrix.org> to the guys saying it should be xcancel: nitter works again, so use that 16:20:18 `I Synced 241736/3463378 (6%, 3221642 left, 0% of total synced, estimated 2.1 years left)` 16:20:19 guess i'll have my node ready in 2 years 🤩 16:20:27 he's still a long way of the 51 % 16:20:28 ```I Synced 241736/3463378 (6%, 3221642 left, 0% of total synced, estimated 2.1 years left)``` 16:20:29 guess i'll have my node ready in 2 years 🤩 16:20:53 <17lifers:matrix.org> "most of you rent it" 16:20:55 The qubic meme will be over after their halving in several weeks 16:20:57 <17lifers:matrix.org> https://matrix.monero.social/_matrix/media/v1/download/matrix.org/zNnCZhqPrduKyFeInmjdoEpA 16:20:59 does anyone actually understands how he does it, and what it costs to him? 16:21:42 alexandre, isn't their pruning available? 16:22:12 will do on nitter. i really just wanted to find a twitter client. Squawker works pretty well on mobile. 16:22:41 i am trying to run github.com/lalanza808/docker-monero-node , perhaps there's some config to speed up the process 16:22:43 eddie - Qubic has no consensus mechansim. the developers literally choose what they want each miner to do 16:23:05 im not sure if miners can opt in or out to the merge mining 16:23:48 then there's the 676 (intersting number) computors that allocate rewards out 16:24:11 Using an SSD or and HDD? 16:24:40 <17lifers:matrix.org> image.png 16:24:45 i believe the storage of the node is on a hdd, does it require lot's of random access? 16:25:19 you don't need much ram, you need a fast disk 16:26:32 yeah, but the disk is fast, i'm just asking if the download requires lots of random rw (which hdds suck) 16:27:29 <17lifers:matrix.org> it must be an rhdd (really hard disk drive) 16:27:33 Yes 16:27:36 also, the 2 years estimation is not the time it will take to download the blockchain but how far you are behind from the tip 16:28:07 Ssd > hdd 16:28:19 Miners are incentivized to mine in their pool because of profitability. That's really it. Their payouts are going to get cut in half soon which will make it much harder to grow. Plus, their profitability goes down as more miners join. 16:29:11 oh, that makes me slightly less concerned, still, been booting up for like 3-4 days xD 16:29:13 and my network should be somewhat fast (500Mbps+) 16:30:05 but i'll change the storage to ssd and see if it starts any faster 16:30:11 Really I don't mind qubic try to annoy the community, keeps everyone sharp ^^ 16:31:25 It is exposing how poor p2pool adoption is, to be honest 16:31:40 they are helping reduce the top pools >50% share of hash , thank you and please continue 16:31:47 I was concerned before that it might be possible for a very wealthy party to buy a large chunk of the network 16:31:55 if the incentive is to gain control no matter the cost, it can be done 16:31:57 <17lifers:matrix.org> p2pool 4 lyfe <33 16:32:13 also that, I agree 16:36:46 I'm a solo miner gigachad 😎 16:38:18 <17lifers:matrix.org> p2pool is solo? if no ill cry cuz then im not gigachad ;-; 16:42:49 <17lifers:matrix.org> xenu: >.< 17:11:38 Anyone? 17:15:44 still - this type of behavior is disgusting and should be called out. rallying for a campaign to get more people mining monero next week 17:16:19 it was shared that their block performance hasn't improved for 2 months - so realistically they are lying about their hashrate - capped out on their botnet's resources 17:24:49 No, its the time 17:25:17 Its the time 17:25:20 Is it? 17:25:35 Yeah 17:26:20 Oh, I assumed it was distance to tip because it never takes as long as it says (on my end) to sync 17:26:37 3.2M blocks behind is not 2.1yrs, its 12yrs 17:26:43 <17lifers:matrix.org> user will be waiting for 2 years? id rather die 17:27:02 Sure, my bad then 17:27:55 i'd probably die of old age 17:29:07 <17lifers:matrix.org> monero is only for the cool kids 18:06:34 yeah, sounds like either a nfs or hdd issue, on an ssd is way faster, have to expand the storage tho, I've read the bc is now at ~200GB? 18:15:51 a little more, and if you want to have enough for the foreseable future get like 500 GB at least. You can also have a pruned node, which is around 95 iirc 18:17:52 any downsides in running a pruned node? 18:18:20 For me even when I tried to do the initial sync as a pruned node, I needed a 500GB SD card to make it work 18:22:52 No downsides for regular users 18:23:45 Full is 230, pruned just over 90 18:38:40 Binaries for v0.18.4.1 are now available at getmonero.org 18:40:14 What will happen if the EU makes XMR illegal? Thoughts on this? 18:42:45 <17lifers:matrix.org> bold of them to try to find me cuz i dont use cex 18:43:17 <17lifers:matrix.org> guys never submit your id, law enforcement can get you any time with yo exchanged xmr, so you better use nonkyc stuff 18:43:36 Will it become illegal then to mine XMR? 18:43:52 I don't understand this "financial crime" fetish 18:44:09 <17lifers:matrix.org> what are they gonna do 18:44:11 <17lifers:matrix.org> remove my xmrig? 18:44:22 <17lifers:matrix.org> shut down p2pool? 18:44:43 scare newbies from joining 18:45:14 <17lifers:matrix.org> matrix is uncensored. if this room's server goes down, the others federate it 18:45:18 <17lifers:matrix.org> we'll help the newbies :3 18:45:33 one of the main reasons i got interested in monero is the idea of it possibly getting banned 🤣 18:45:55 <17lifers:matrix.org> yessss fucking based gigachad u are 🫂🤝 18:45:57 I just wonder who is getting a hard-on from fighting XMR 18:46:09 <17lifers:matrix.org> same guy who nuked kraken 18:46:24 <17lifers:matrix.org> watch out for fcmp 18:46:27 <17lifers:matrix.org> that coin gonna SOARRRRR 18:46:40 Aren't it those annoying women like christine lagarde etc 😂 18:46:44 <17lifers:matrix.org> watch out for fcmp++ 18:46:54 the eu is getting strong on the streisand effect. By even mentioning that they are gonna ban it they are raising awareness that it exists 18:46:55 <17lifers:matrix.org> who dat 18:47:09 <17lifers:matrix.org> old ass mf, ok 18:47:22 President of ECB 18:47:32 Mummie Mommy 18:47:33 <17lifers:matrix.org> oh no 18:47:40 <17lifers:matrix.org> they'll steal mine and everyone else's xmr 18:47:43 <17lifers:matrix.org> everyone's wallet will get drained 18:48:07 <17lifers:matrix.org> see nobody can stop xmr 18:48:35 Sure, but XMR should be legal whether they can stop it or not 18:48:45 It makes no sense to make a currency illegal 18:49:00 it's like saying people can't have Pesos 18:49:13 <17lifers:matrix.org> if you make a tx you will have to know wether its one of the 9 stealth txes etc 18:49:19 need more ways to use it as an actual currency tho, I saw a site that lists some places which accept it, but there's not that many 18:49:32 monerica you mean? 18:49:38 yep 18:49:40 you are right 18:51:16 <17lifers:matrix.org> mullvad vpn, kyunhosting, xmrbazaar for devices, arch linux, proxy shopper for anime character plushies... 18:51:17 But the EU banning it would be bad for business 18:51:20 But the EU banning it would be bad for business / adoption 18:51:36 <17lifers:matrix.org> mullvad vpn, kyunhosting, xmrbazaar for devices to install arch linux, proxy shopper for anime character plushies... 18:52:34 That's a bit my fear they will not bother about the individual users and P2P but businesses who accept XMR will get issues if they are based in europe 18:53:05 <17lifers:matrix.org> convert to ltc with changenow 18:53:07 <17lifers:matrix.org> lel 18:53:31 sure, but preferably no swaps are involved :) 18:54:17 Maybe XMR community needs to identify lobbyists, bribe them and get this stupid law from the table 😂 18:57:31 eddie the government can do anything it wants including banning 'currencies' 18:59:17 I don't say they cant, I say a lot of things governments do make no sense 18:59:44 well they make complete sense from the point of view of government 19:00:19 I think you mean that what government does is bad for humans 19:01:09 <17lifers:matrix.org> we can do what we want too 19:01:16 <17lifers:matrix.org> fuck society we ball 19:01:30 you can try and get killed 19:02:36 <17lifers:matrix.org> oh no, they'll kill me for pressing a button 19:02:45 of course 19:02:47 yeah some would 19:03:00 they will kill you for not obeying their dictates 19:04:31 <17lifers:matrix.org> https://matrix.monero.social/_matrix/media/v1/download/matrix.org/wTbABRhPmGpYDBwCnmoUhbdL 19:04:33 <17lifers:matrix.org> me here like ^^ 19:07:49 Still, EU is making no sense at all. They have "privacy legislation" to force companies to take the privacy of people seriously, with a ffn cookie banner and whatnot. And on the same token they try to ban the best privacy tools available. Not just XMR, but also E2EE... 19:08:22 <17lifers:matrix.org> next theyll ban everyone with a rooted phone 19:08:26 <17lifers:matrix.org> too few data collection :w 19:08:27 It's like forcing car makers to make safe cars but forbidding them to install airbags 19:08:35 <17lifers:matrix.org> next theyll ban everyone using a rooted phone 19:09:21 eddie 'privacy legislation' in EU is an obvious and complete lie. The EU is run by joogle, crapple and the rest of silicon valley. 19:09:52 <17lifers:matrix.org> what u gon do? flee to asia? 19:09:53