libera #monero

30 Aug 2025

[XMR] Be excellent to each other and welcoming to newcomers || getmonero.org || Dev: #monero-dev || Pool related: Rizon.net :: #monero-pools || Price chat: #monero-markets || People can & do log this channel

• 01:45
  br-m
  <plaiwanone:matrix.org> GM
• 01:48
  mycotrip
  Hello!
• 01:48
  mycotrip
  thelounge.mycotrip.tech/uploads/8710a5ad204f78bc/image.png
• 01:48
  mycotrip
  anyone else mining?
• 01:53
  nioc
  sure
• 01:57
  mycotrip
  sweet, good talk.
• 01:57
  mycotrip
  anyone here have thoughts on qubic?
• 01:59
  nioc
  in the end it will make us stronger
• 01:59
  mycotrip
  How so? Finality layer? change of algo?
• 02:00
  mycotrip
  i mean the network is still just about as centralized as it was. and as for making us stronger....
• 02:00
  mycotrip
  thelounge.mycotrip.tech/uploads/c2868db4d01f08bc/image.png
• 02:01
  nioc
  are you showing me in the end
• 02:01
  mycotrip
  they are orphaning blocks, stealing honest miners emissions, delaying transactions. if we just stay put and odn't do anything, i don't see how we will come out stronger.
• 02:02
  mycotrip
  what? showing you the end?
• 02:02
  nioc
  you are showing me what is happening now
• 02:02
  nioc
  I am saying that people are working to be stronger against this
• 02:03
  nioc
  I am not saying what the solution will be
• 02:03
  mycotrip
  yes, in the last 720 blocks that is how many have been orphaned. source: moneroconsensus.info
• 02:03
  mycotrip
  i don't think blind faith is going to help.
• 02:03
  nioc
  you are showing me what is happening now
• 02:04
  nioc
  people are working, not blind faith
• 02:09
  mycotrip
  you still haven't told me how they are working.
• 02:10
  nioc
  mining for 8 minutes, nice
• 02:10
  mycotrip
  i had to reboot. i don't wanna share my share my mining wallet but i can assure i've been mining for quite sometime.
• 02:10
  nioc
  ty
• 02:11
  nioc
  have you been following the channels and reading the discussions?
• 02:11
  nioc
  not the noise but the signal
• 02:12
  mycotrip
  i just got back into IRC, been following along on reddit trying to avoid anything from the bigger crypto sites.
• 02:12
  nioc
  I don't follow reddit
• 02:16
  nioc
  #monero-research-lab is a place to read but not talk
• 02:17
  mycotrip
  i'll check that channel out. i'm honestly pretty stupid when it comes to the finer details and subtleties of XMR and crypto in general.
• 02:17
  nioc
  talking there is for the serious / knowledgeable people
• 02:18
  nioc
  #monero-reseach-lounge has recently been active with both signal and noise
• 02:19
  agent314
  is qubic still happening?
• 02:19
  nioc
  meetings are held in -lab every Wed 1700 UTC
• 02:19
  agent314
  oh ok
• 02:20
  mycotrip
  agent314: they haven't gone away.
• 02:20
  nioc
  this is a quiet time for activity here
• 02:21
  agent314
  what is the real danger of cubic? like have there been cases of a coin like this just losing all its value?
• 02:21
  agent314
  i'm assuming if someone holds >50% control they can just give themselves money essentially
• 02:22
  agent314
  and that means xmr becomes worthless
• 02:22
  mycotrip
  not quite, they will get all the emissions, would be able to censor transactions, etc
• 02:22
  agent314
  nioc: sorry, what's going on? quiet time?
• 02:23
  nioc
  here on irc / matrix
• 02:23
  nioc
  this time of day
• 02:24
  nioc
  Cat is enjoying the heat from the mining rigs
• 02:24
  mycotrip
  how many kh/s are you pulling if i can ask?
• 02:25
  agent314
  is there a link abouto quiet time so i can see what it means and when it's happening?
• 02:25
  agent314
  i'm thoroughly confused
• 02:25
  nioc
  I mean many people are sleeping rn :)
• 02:25
  mycotrip
  you can still talk here lOL
• 02:25
  nioc
  I usually sleeping at this time
• 02:28
  nioc
  what q is doing is selfish mining 3x/week not constantly
• 02:28
  nioc
  that is where the orphans come from and this time 1/2 the time they were the ones being orphaned
• 02:30
  nioc
  they try new strategies
• 02:30
  mycotrip
  all that hashpower is expensive to rent tho.
• 02:31
  mycotrip
  i wonder how much of it they actually control vs rent.
• 02:31
  nioc
  they get people to mine for them by paying extra and they boost the HR which also costs
• 02:32
  nioc
  they have $ from prior scams
• 02:32
  nioc
  and probably some investors for this one
• 02:33
  mycotrip
  whats the end goal tho? if they drive the price into the ground, collecting the emissions isn't going to be profitable unless it is legit a slash and burn squeeze everything we can from it while it dies kind of situation
• 02:35
  nioc
  some say publicity for their coin, it's at least a part of it
• 02:37
  nioc
  Cat is willing to give up her rigs for me :D
• 02:38
  nioc
  time for bed
• 02:39
  nioc
  this is not the first time that there has been an attack on monero but this is a more serious one
• 02:40
  nioc
  short term solution is being tested rn which will give time for a long term solution
• 02:40
  mycotrip
  i need to read more about the finality layer that has been propsed
• 02:40
  mycotrip
  supposed to use POS in some way shape or form.
• 02:40
  nioc
  short term includes some centralization which is why it is not a long term solution
• 02:42
  nioc
  GN
• 02:43
  mycotrip
  good night
• 03:34
  mycotrip
  i know i could get about 1.4 more kh/s out of my desktop if i stopped using it, turned offf the lights, and pretty background and shut down my containers.... but i don't want to lOL
• 04:04
  agent314
  hahah mycotrip
• 04:05
  agent314
  did you tune everything to the max?
• 04:06
  agent314
  i usually build xmrig from scratch on the system to get the most out of it
• 04:06
  agent314
  ill talk about it more i g2g
• 04:10
  mycotrip
  yea i get the full 8.5 kh/s out of my i7-12700 but its also my main rig. with everything running and me using it still pull 7 kh/s