00:20:43 i cant update the offical wallet to version 0.18.4.2 anyone know what may cause this? 00:21:54 Explain 00:21:55 what distro are you using 00:22:00 or at least, what OS are you using 00:22:09 what problem do you get when you try to update 00:22:34 it just says download failed when i try to click the button to download the update 00:22:41 what button 00:22:57 the button that says download update?? 00:22:59 does the monero wallet even have a self-updater? 00:23:09 Where 00:23:11 i login in 00:23:16 and there is a prompt 00:23:26 saying an update is available 00:23:28 are you on windows? 00:23:31 i click the button that says "download update" 00:23:48 The "download update" is inside of monero gui? 00:23:48 and then red text appears saying "download failed" 00:23:49 are you on windows 00:23:54 no 00:24:04 why are you updating from monero wallet then 00:24:09 yes 00:24:15 @ofrnxmr:xmr.mx: yes 00:24:20 the wallet must be trying to download to a file in a location it doesn't have permission in 00:24:29 you should try to update from your distro 00:24:41 Cindy: i just saw the prompt saying to update 00:24:43 How did you install? 00:25:22 Flatpak, binary from getmonero.org, distro repository? 00:25:44 went to https://www.getmonero.org/downloads/ and clicked the button saying "linux 64-bit" 00:25:49 and downloaded the .tar file 00:26:19 Strange. You should be able to update by following the same steps that you used to install 00:27:31 @ofrnxmr:xmr.mx: they have a flatpak?? i wish i knew that before, that wouldve been so much easier 00:28:00 Its on flathub, yeah 00:32:54 how did forgmindset install 00:32:59 frogmindset* 00:34:36 Cindy_: from getmonero.org 00:34:48 this > <@frogmindset:matrix.org> went to https://www.getmonero.org/downloads/ and clicked the button saying "linux 64-bit" 00:34:55 also thanks for the new name lmao 00:49:55 question, in what situation should i use each pool? i can use the main, mini, or nano and im not sure which i should use 00:50:19 main, if you have a very powerful computer (like in the MH/s range) 00:50:26 mini, if you have an average consumer computer 00:50:32 nano, if your computer is weak 00:50:46 and how do i know if my computer is powerful enough for main? 00:51:15 try mining and note down your hashrate 00:59:16 right now the blocks are syncing but its normally around 6-7k 00:59:42 then mini is the best for you 01:00:08 what would be best for main? i got a pretty good pc 01:01:13 maybe the beefiest CPUs 01:01:16 like AMD threadrippers 01:01:22 and server CPUs 01:01:43 basically the ones that give 10 MH/s or so hashrate 01:01:45 this is a 28 core cpu and im using 20 of them to mineso im surprised it cant go higher 01:02:42 and at what hasrate should i use nano? i got an old pc i may use to mine but it isnt the best 01:02:54 meh 01:03:00 below 4KH/s 01:03:14 but you won't get anything in nano 01:03:34 since it has to find a block for you (or anyone) to get paid for their share 01:03:40 then why even try mining in nano? 01:04:19 maybe it'll get a block someday 01:05:39 https://mrelay.p2pool.observer/m/matrix.org/qIYWEwafnWLcLUhvRGxqWaHy.jpg (199.jpg) 01:05:47 Literally this image then lol 01:06:38 monero mining is literally like that 01:06:52 99% of miners quit before they get a share 01:07:15 (jk) 01:09:18 Cindy_: I managed to get 2 payouts in the span of 2 days then can't get anything else lol 01:13:39 Wtf my old PC I wanted to mine on has over 200 GB worth of files in the system log file... 01:14:24 how much RAM does your PC have btw 01:14:26 old PC 01:14:43 Uh give me a second 01:18:35 I'm having to fix my PC lol 01:25:50 Cindy_: Total is 31 GI free is 16GI 01:26:01 GB? 01:26:27 🤷 01:26:31 You can get Old threadrippers and epyc cpus for cheep on ebay 01:26:34 I just gave you the exact output 01:26:41 if you can score a good deal on a mobo that suports them those are 100% worth it 01:26:44 I did free -h in terminal 01:27:05 well 32 GB is fine 01:27:20 Only 16 is free though 01:27:30 Not sure why 01:43:37 So my old PC's has is around 1400 H/s 01:44:06 Is there even a chance I get anything lol 01:46:27 Its using the p2p pool and the mini chain 01:46:51 i doubt it 01:47:16 Mining monero is not profitable in the slightest to my knowledge. 01:47:27 So is it even worth bothering with 01:47:32 If you're gonna do it, it's gonna be based off of principle. Not becase it makes money. 01:47:46 but it should be profitable! 01:47:54 how do you encourage people to mine 01:48:00 Colonizor48: At most I would use it to pay for my VPN lol 01:49:12 Nah being super profitable to mine just defeats the whole point of a cryptocurrency. Because it will tend towards centeralization then anyways. 01:50:08 Cindy_ Altruism/moral reasons/fucking hating banks. 01:50:22 i don't think it tend towards centralization 01:50:34 in fact it encourages people to mine for the rewards 01:50:37 It already has with basically every fucking proof of work cryptocurrency 01:50:53 no 01:50:59 that's only because of the ASIC makers 01:51:04 Problem is most PC don't have a strong enough pc for then mining to even matter > how do you encourage people to mine 01:51:35 who centralize a currency once they figure out how to optimize their algorithm to 5000x the performance (and drive out others) 01:52:10 Even without an ASIC, if it's profitable, than people who already have capital have an advantage in terms of mining. And thus will be able to buy more mining rigs and outcompete other people, and thus making the barrier to entry even higher, and thus making it less viable for individuals to mine and making them have less of an inpact, repeat. 01:52:37 frogmindset: if you stack together computers, it'll benefit more 01:52:57 Colonizor48: mining rigs? they can only buy more computers 01:53:03 But if it's not profitable, or not very profitable to mine, or just mining doesn't scale well, then the inverse happens. That gets rid of centeralized capital. And the people mining will be people who actually care about the project. Not people in it to make a quick buck. 01:53:09 Cindy_: Issue is the average person doesn't have the money for that 01:53:13 Cindy_ those cost money regardless. 01:53:27 money costs money 01:53:29 "And the people mining will be people who actually care about the project. Not people in it to make a quick buck." 01:53:33 and then you don't get free hashrate 01:53:39 Like I have a high end gaming PC with 28 core CPU and even its not able to mine much 01:53:44 getting a few for VPN should be fine 01:53:54 what is exactly stopping goverments from 51%ing the network with entire supercomputers 01:53:56 with 1400H/s, hmm, that's a tad bit low 01:54:00 So most people mining would be useless 01:54:01 when you drive out the people who mine for profit 01:54:12 Cindy_ yeah thats a fundamental issue with the whole proof of work cryptocurrency idea 01:54:21 DataHoarder: My gaming PC is in the 5000 range 01:54:25 see this https://nano.p2pool.observer/calculate-share-time?hashrate=1.4&magnitude=1000 01:54:42 5000-6000H is decent 01:55:00 They can do that regardless of profit miners too. 01:55:02 that's about $1 or so per month with 1.4KH/s 01:55:03 Colonizor48: the point being i do not care if someone mines for profit 01:55:05 They have way more resources 01:55:10 it is FREE HASHRATE == FREE PROTECTION 01:55:22 $5 or so per month with 5KH/s 01:55:24 The thing is this is an expensive gaming PC so most people won't even want to mine with their nice gaming PC since they can't game as well 01:55:31 == free centeralization. Not worth it. 01:55:47 if you have cheap power, you can mine when not gaming 01:56:01 you can interrupt the process as often or long as you want 01:56:01 Most people don't have cheap power 01:56:06 it's a memory-less process 01:56:06 Colonizor48: it is worth it, because you have competition too 01:56:14 it's not just one entity mining 01:56:25 otherwise for no-profit you are effectively buying monery with hashpower/energy 01:56:30 in secret :) 01:56:35 also if they mine on p2pool, there's practically no negatives 01:56:42 So honestly mining just isn't viable for most people even if they could make money with it 01:56:45 it's more hashrate, and everyone can still participate 01:56:47 Because electricity cost 01:56:52 Cost of pc 01:56:58 if xmr mining would be profitable you'd have people renting all machines to mine 01:57:04 Cindy_ yeah. Anyone can participate. But the whole fucking point of a cryptocurrency is to be decenteralized. 01:57:06 Their PC not working as well 01:57:10 and boom, suddenly difficulty goes up, not profitable 01:57:28 Capital incentive means that the existing centeralized monetary economy is gonna leak in. 01:57:35 not really 01:57:40 DataHoarder: Isn't that basically what happened with bitcoin? 01:57:46 Exactly 01:57:53 with bitcoin, it was ASIC makers 01:57:54 And when btc runs out of mining rewards, it's going to instantly die 01:58:04 Colonizor48: you are barking up the wrong tree 01:58:14 Bitcoin farms are just evil honestly with how much power they use 01:58:18 TRUE 01:58:23 the problems you are stating are the result of weak algorithms 01:58:34 that have been optimized into chips by ASIC makers 01:58:49 and so, making sure that the only way you could mine is to buy one of those expensive ass chips 01:58:51 I mean I'd argue that currencies do have a bit of a tendency to just tend towards centeralization. But monero is better than any currency i've seen in that regard so far. 01:58:53 from one of them 01:59:13 Fun fact, folding@home used to be the most used program on PCs,until crypto currency came along 01:59:38 y'know what's the difference between monero and bitcoin? the algorithm is ASIC-resistant, which means these capital incentive people will still be playing on the same field as individual miners 01:59:38 Then people instead of using their PC to help research decided to start trying to mine 02:00:02 yeah that's cringe tbh. I use my computer for a few things when i'm not using it. Sometimes cryptomining(for fun + to fuck over the government in whatever way I can), sometimes scientific computing stuff. 02:00:40 It sucks programs like folding@home aren't being used as much anymore because of people's greed. 02:00:43 making mining more profitable does not make the currency more centralized 02:00:55 ASICs are what makes the currency more centralized 02:01:12 Also when I eventually get around to actually making music(not gonna formally release any. I'm going to distribute it by giving a zip file to anyone who asks + put it on bandcamp) I'll take donations in monero 02:01:19 Cindy_ Etherium lmao 02:01:42 ethereum literally same thing, when they were still using PoW at least 02:01:47 they were taken over by GPUs and ASICs 02:02:16 And honestly, if prices for SP3 motherboards ever crash, monero might be taken over by cheep server cpus on ebay 02:02:59 Currencies in general have a tendency to centeralized. Proof of work cryptocurrencies especially have a tendency to do that ironically. But monero seems to be the best in that regard(of not being centeralized) 02:03:16 It's the closest thing to an actual decenteralized currency i've seen 02:03:29 maybe because the algorithm was desiged to be GPU-weak and ASIC-resistant 02:03:34 CPU PoW is the most accessible of the options 02:03:50 not because mining monero gives you jack shit 02:03:51 Honestly are crypto currencies as a whole even viable? Since they are so volatile 02:04:06 frogmindset honestly valid question 02:04:08 it depends. 02:04:30 The origional point of crypto was to be a sort of countercurrency. But that's clearly long gone. 02:04:34 Like what if monero just crashes and boom its worthless 02:04:41 and then here's the thing 02:04:52 Monero has an actual economy around it. Making that less likely to happen. 02:04:54 mining is literally the only way in monero to "print" new coins 02:04:56 Colonizor48: Yeah but tbh it doesn't seem too well thought out 02:04:59 monero is volatile? lol 02:05:02 What if USD crashes and boom its worthless 02:05:13 masayuki trump is any% speedruning that 02:05:16 imagine if you make that not profitable? 02:05:27 nioc: I'm using it as an example since we are here lol but it applies to any 02:05:32 I mine because my Cat likes to lay on the rigs for heat 02:05:36 whence why i'm trying to figure out how to turn a lot of cash and stuff i have into monero(i need to make a bank account and start trading and stuff) 02:05:38 Colonizor48: Monero proves that's not true 02:06:11 anyway i think mining should be profitable 02:06:19 cuz it's the only way for the currency to "print" new coins 02:06:25 masayuki monero is still somewhat centeralized though. There's no way for example that I could ever compete with any top miners in terms of hashrate. 02:06:26 It is 02:06:31 It just depends on variable factors 02:06:32 Also right now monero isn't adopted enough to be really useful as a currency, same with almost all crypto 02:06:42 Colonizor48: You don't need to compete with top miners 02:06:47 Monero has the biggest economy around it i've seen for a crypto 02:06:49 That's why there's pools and xmraffle 02:06:59 you literally do not need to compete with the giant miners 02:07:02 there is p2pool 02:07:06 And again, Monero is the most egalitarian example of a currency i've seen 02:07:13 Colonizor48: I haven't seen anywhere you can actually use monero, bitcoin, or any other crypto 02:07:15 your idea is that bigger miners == more centralization 02:07:18 you get paid for whatever HR you have 02:07:27 Contribute what you can, get your share 02:07:28 @frogmindset:matrix.org: Have you tried opening your eyes? 02:07:29 proportionally 02:07:48 http://67w4f46nfrfigohl4ypgpo7cjnftl57rorha3zmn4xkll5jvmi6mi4qd.onion/businesses 02:07:48 @masayuki:wired.rehab: What does that even mean?? I haven't seen anywhere except the VPN I use taking it 02:07:49 yes it's not much 02:07:59 @frogmindset:matrix.org: Monerica son 02:08:03 if you start thinking big miners bad, because more centralization, then it will kill the currency 02:08:06 gift cards 02:08:07 There's thousands of businesses and vendors 02:08:09 @masayuki:wired.rehab: ??? 02:08:14 GOOGLE 02:08:41 Youre either retarded or purposefully being as ignorant as possible to derail productive conversation 02:08:50 Either way gtfo 02:08:55 Can I not ask a question??? 02:09:06 Im new to monero and crypto as a whole dude 02:09:10 "[XMR] Be excellent to each other and welcoming to newcomers" 02:09:15 true please do tht 02:09:17 reminder that this is in the topic, matrix users 02:09:22 Great way to make people not feel wanted 02:09:23 stop being a dick 02:09:28 masayuki 02:09:31 By harassing them for asking quesrions 02:09:32 Cindy_: that is on IRC but probably not matrix 02:09:39 Don't be a financebro :3 02:09:52 @frogmindset:matrix.org: I gave you an answer and you replied with three question marks 02:09:56 Use you're head at least an ounce of it 02:10:15 I will chill out, monerica is a website 02:10:19 @masayuki:wired.rehab: Because it literally looked like nonsense, I would've appriated some context added 02:10:24 Check out xmrbazaar too 02:10:28 Like saying check out this website 02:10:40 That I would've appricated 02:10:56 xmrbazaar is full of AI slop 02:10:58 most of xmrbazzar is bs 02:11:05 i'm gonna be honest 02:11:15 it is HARD to market xmrbazaar with all the garbage AI slop postings 02:11:32 I've found quality vendors for buying accounts and silver coins 02:11:49 No different than FB marketplace with the amount of fake ads honestly 02:12:02 Much better experience than FB marketplace or Craigslist honestly 02:12:08 i have never seen an AI slop post in FB marketplace 02:12:14 this is legit https://xmrbazaar.com/listing/TxaU/ 02:12:19 nor craigslist 02:12:26 but i have seen a LOT in xmrbazaar 02:12:30 Cindy_: There's tons of fake ads and scam ads 02:12:34 Anyone here like microtonal music 02:12:41 Why does it not surprise me that I can buy tf2 keys for monero lmao 02:12:42 Air thumbnails are annoying but that's.. About it.. 02:12:53 Can I seel TF2 keys for monero 02:12:56 sell 02:12:59 Because wait 02:13:03 Yes 02:13:03 MONEY LAUNDERING TIME :# 02:13:05 :3 02:13:10 if i were the moderator of xmrbazaar 02:13:11 You can sell just about anything for monero 02:13:20 i'd make it so that posts with AI-generated pictures or descriptio 02:13:21 Damn I wish I knew that ack when I did tf2 trading 02:13:22 Femboy thigh picks for monero 02:13:24 should be deranked 02:13:52 That would be an improvement 02:14:06 Theres many other marketplaces to choose from 02:14:09 FINALLY A NO KYC WAY TO GET MONERO LETS GO 02:14:14 i'm gonna be honest, seeing the 100000th "I will X" post with a garbage picture 02:14:15 Xmrbazaar is just the most active and general atm 02:14:37 or even a "I will draw.." post with ironically, an AI-generated image 02:14:43 i wanna set these posts on fire 02:14:54 where do i buy/sell tf2 items for crypto 02:14:58 wait 02:15:01 monero particulalrly 02:15:28 I do not need to go back into tf2 trading lol, that sucked to do 02:15:28 There's individual sellers/buyers for csgo items but no dedicated website for it 02:15:58 frogmindset nah i'm just going to use it to do a money laundering ahh operation to turn visa giftcards into monero 02:24:32 inb4 Colonizor48 works as an indian tech support scammer and they get grandpas to buy these visa giftcards 02:25:40 istg i'm not :sob: 02:25:53 I'd never hurt an innocent person like tht 02:26:15 saar, why did u redeeem 02:33:15 is there any way to turn physical cash into monero? 02:33:49 find someone who has monero and wants physical cash 02:33:58 or hell, use the money to buy more computers 02:34:03