01:45:58 GM 01:48:26 Hello! 01:48:41 https://thelounge.mycotrip.tech/uploads/8710a5ad204f78bc/image.png 01:48:46 anyone else mining? 01:53:09 sure 01:57:25 sweet, good talk. 01:57:57 anyone here have thoughts on qubic? 01:59:03 in the end it will make us stronger 01:59:43 How so? Finality layer? change of algo? 02:00:33 i mean the network is still just about as centralized as it was. and as for making us stronger.... 02:00:34 https://thelounge.mycotrip.tech/uploads/c2868db4d01f08bc/image.png 02:01:24 are you showing me in the end 02:01:54 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. 02:02:04 what? showing you the end? 02:02:23 you are showing me what is happening now 02:02:53 I am saying that people are working to be stronger against this 02:03:09 I am not saying what the solution will be 02:03:21 yes, in the last 720 blocks that is how many have been orphaned. source: https://moneroconsensus.info 02:03:38 i don't think blind faith is going to help. 02:03:44 you are showing me what is happening now 02:04:06 people are working, not blind faith 02:09:27 you still haven't told me how they are working. 02:10:01 mining for 8 minutes, nice 02:10:45 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. 02:10:53 ty 02:11:16 have you been following the channels and reading the discussions? 02:11:41 not the noise but the signal 02:12:11 i just got back into IRC, been following along on reddit trying to avoid anything from the bigger crypto sites. 02:12:54 I don't follow reddit 02:16:01 #monero-research-lab is a place to read but not talk 02:17:05 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. 02:17:19 talking there is for the serious / knowledgeable people 02:18:25 #monero-reseach-lounge has recently been active with both signal and noise 02:19:06 is qubic still happening? 02:19:24 meetings are held in -lab every Wed 1700 UTC 02:19:45 oh ok 02:20:25 agent314: they haven't gone away. 02:20:26 this is a quiet time for activity here 02:21:34 what is the real danger of cubic? like have there been cases of a coin like this just losing all its value? 02:21:59 i'm assuming if someone holds >50% control they can just give themselves money essentially 02:22:14 and that means xmr becomes worthless 02:22:28 not quite, they will get all the emissions, would be able to censor transactions, etc 02:22:53 nioc: sorry, what's going on? quiet time? 02:23:06 here on irc / matrix 02:23:13 this time of day 02:24:02 Cat is enjoying the heat from the mining rigs 02:24:53 how many kh/s are you pulling if i can ask? 02:25:00 is there a link abouto quiet time so i can see what it means and when it's happening? 02:25:11 i'm thoroughly confused 02:25:28 I mean many people are sleeping rn :) 02:25:44 you can still talk here lOL 02:25:58 I usually sleeping at this time 02:28:01 what q is doing is selfish mining 3x/week not constantly 02:28:46 that is where the orphans come from and this time 1/2 the time they were the ones being orphaned 02:30:11 they try new strategies 02:30:35 all that hashpower is expensive to rent tho. 02:31:07 i wonder how much of it they actually control vs rent. 02:31:46 they get people to mine for them by paying extra and they boost the HR which also costs 02:32:05 they have $ from prior scams 02:32:31 and probably some investors for this one 02:33:51 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 02:35:22 some say publicity for their coin, it's at least a part of it 02:37:57 Cat is willing to give up her rigs for me :D 02:38:01 time for bed 02:39:10 this is not the first time that there has been an attack on monero but this is a more serious one 02:40:09 short term solution is being tested rn which will give time for a long term solution 02:40:29 i need to read more about the finality layer that has been propsed 02:40:41 supposed to use POS in some way shape or form. 02:40:59 short term includes some centralization which is why it is not a long term solution 02:42:27 GN 02:43:31 good night 03:34:49 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 04:04:54 hahah mycotrip 04:05:20 did you tune everything to the max? 04:06:02 i usually build xmrig from scratch on the system to get the most out of it 04:06:21 ill talk about it more i g2g 04:10:34 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 06:48:00 mycotrip: do you have a videocard? 06:48:39 i found that i can squeeze a few kilohashes by getting the card to mine as well? 06:50:04 I do. a 5070 actually. i haven't tried mining with it tho as i have always heard it wasn't really worth it. 06:50:07 it's not gonna be as dramatic of an increase in efficiency as going from BTC CPU to BTC GPU but it is a computational device and it can be used to give a little bit of a boost 06:50:10 <17lifers:matrix.org> y'all seen dis? https://decrypt.co/335594/crypto-influencer-jailed-for-3-5m-cryptojacking-scheme 06:50:30 mycotrip: you might get like 4-5 kilohashes out of it 06:50:40 maybe 3-5 06:50:53 you'll need to build an xmrig cuda plugin 06:53:53 let me see if i can find it, i had a full install and build script from complete zero to xmrig and xmrig cuda somewere 06:54:53 * agent314 is reading the decrypt article 06:57:02 i've rented a bit of a hash power lately, convinced my self i was doing my part for the cause LOL 07:00:56 yeah i did similar thing with lots of rented machines 07:01:11 its late here. i'm gunna rest. gn 07:01:20 kk ttyl 07:01:30 ill trry to find that setup script 07:01:36 (because i need it too lol) 07:01:44 sick, you can PM it to me. 07:02:00 thanks! 07:02:02 sure 07:18:54 will monero-chan show up irl if I start mining monero? 07:23:38 theres a chance 07:23:59 only if you find a block solo mining 07:24:37 ah ight thanks, will get to it 08:32:41 <17lifers:matrix.org> @danny:sutcliffe.xyz: i hope 😭 08:33:52 <17lifers:matrix.org> +1 bucket list item ._. 08:56:33 what is this POS everyone keeps talking about, already searched but didn't fully understand it. How is it better than POW? 09:02:26 Hi ppl. I was thinking to give more hashing power to home miners rather than server CPU owners. 09:02:26 Can RandomX be reimplemented to use only 1MB L3 cache per thread instead of 2MB? 09:02:26 There are lots of CPUs with 1MB L3 cache per thread which mine with half the power the CPU is able to deliver. E.g: All the APUs from AMD. 09:08:18 <17lifers:matrix.org> @alexandre:uii.pt: its less violent 09:09:34 There is pos and pos based finality layers. 09:10:41 pos is basically similar to pow (/me dodges angry people) except the probability to get a block is in relation to the amount of monero you have instead of the amount of hash rate you have. 09:10:46 https://x.com/c___f___b/status/1961714271433150954 can someone put a bounty , unnecessarily creating rifts 09:11:28 pos is being also talked about as a building block for a finality layer, but aiui it's not an inherent requirement for one. 09:11:53 <17lifers:matrix.org> without pow, u cant xmrig 09:12:06 There are variations, but this is the basic idea. 09:12:28 It's also possible to have a pow and pos hybrid. 09:12:48 pros and cons include; 09:13:37 pow is more accessible: anyone with a computer can start mining, though they'll get very little monero to show for it, and most likely at a loss. 09:14:22 pos means an attacker will lose more by attacking, assuming the value of a coin will go down due to the attack 09:15:24 <17lifers:matrix.org> nobody mines for dirt 09:15:28 <17lifers:matrix.org> lmao 09:15:33 pos means once you 51% the network, you keep it forever, whereas with pow, other hashes can come online (though why they would after a 51% attack in unclear) 09:16:09 the cost to attack the network is thought to be much higher with pos than pow 09:16:28 pos doesn't guzzle up energy 09:17:07 pos can't bootstrap 09:17:42 Others can add more if they can think of others 09:23:42 so... whoever has more xmr gets more xmr 🤔 > pos is basically similar to pow (/me dodges angry people) except the probability to get a block is in relation to the amount of monero you have instead of the amount of hash rate you have. 09:24:51 hmm, i see, but if i understood, if you have a ton of xmr you basically control the network? > pos means an attacker will lose more by attacking, assuming the value of a coin will go down due to the attack 09:26:13 @alexandre:uii.pt: Are no coiners worried. 09:33:05 "whoever has more xmr gets more xmr" yes, it's funny how people fixate in this and can't think past the idea. 09:34:05 Everyone (who stakes) gets +N%, so there's no change really. The price goes down N%, so outsiders get the same % of the money supply for their bitcoin or fiat. 09:34:33 It's like constant devaluation. 09:34:55 It's like a constant stream of tiny devaluations. 09:35:26 "if you have a ton of xmr you basically control the network?" yes, it has the same 51% issue as pow.