<milas900:matrix.org> @jeffro256:monero.social are you the one on GitHub ? Or just the name

<321bob321> OG

<321bob321> wondering if anyone is running a node, exclusively pointed at the MRL Banlist nodes

What do you guys all think of RandomX V2?

<ufo808:matrix.org> I'm not sure how this transition to V2 will look like

<ufo808:matrix.org> will hashrate drop significantly?

<ufo808:matrix.org> some botnets won't be able to update at all

<ufo808:matrix.org> it will be a good opportunity to mine some monero

<ufo808:matrix.org> or qubic can try to 51% again because network will be more vulnerable

<ufo808:matrix.org> more questions than answers

<kiersten5821:matrix.org> what is wrong with v1

<eddie:oblak.be> Yeah why a V2 ? First thing I hear about it

<intr:unredacted.org> > RandomX v2, in its current form, will bring 10-15% improvement in RandomX instructions and 2x increase in AES instructions executed per Joule of energy on AMD and Intel CPUs. Hashrate will stay roughly the same, depending on the CPU.

<intr:unredacted.org> > Will it be enough to neutralize Bitmain X9's advantage over the most efficient AMD EPYC builds? Probably no, but v2 will make it significantly less efficient (at least by 30%). Further tweaking might improve these numbers.

Things changed since that post, it's 30-50% improvement now

Monero - The real Bitcoin

Makes me wonder why Hal once said that it was impossible to have BTC work, without a public ledger. As if there were no other way/it wasn't possible.

<intr:unredacted.org> sech1: very nice

<sbt:nope.chat> Is it going to make mining harder on average devices? > <@ufo808:matrix.org> some botnets won't be able to update at all

<ufo808:matrix.org> @sbt:nope.chat: no, opposite

<ufo808:matrix.org> botnets increase network hashrate and block difficulty, not many botnets have functionality to update underlying xmrig

I am sorry for being out of the loop, but is XMRig also used legitimately? Or voluntary mining is more often preferred by something else?

<gan:skhron.org> used legitimately?

<ufo808:matrix.org> of course legit users use xmrig too, but % of botnet hashrate is arguably a big chunk of the network

<gan:skhron.org> it's the most common mining software that being used at the moment

<monero.arbo:matrix.org> jtrag: BTC being the first had more skepticism. Even with XMR you see people worry about inflation bugs / verifying supply. So Bitcoin being transparent and having amounts in the clear did help build trust since people could see with their own eyes in a relatively simple way that it works, instead of having to rely on guys with math degrees to promise them it works

:)

<tempetassum:matrix.org> fixupx.com/R3st4rtY0urL1f3/status/2023356233214800255

clearswap marketing garbage "Obfuscate your on-chain activity through randomized routing across multiple networks and intermediaries — breaking the link between your wallets in a single click." no thanks

<smartstone:matrix.org> plowsof: i mean, that seems unecessary.

<smartstone:matrix.org> id be interested in hearing someone analysis of clearswap as a general non-kyc currency swapping method.

<smartstone:matrix.org> am i the only one who thinks price raising will result negatively for the future of monero?

<ravfx:xmr.mx> Whats the difference if you buy for 200$ worth of monero or for 200$ worth of monero?

<ravfx:xmr.mx> Number go up only affect people who actually own monero, same as number go down

<smartstone:matrix.org> i suppose thats fair

<smartstone:matrix.org> @ravfx:xmr.mx: if your coming from usd.

<smartstone:matrix.org> to me intuitionally it seems like more use at a lower price would grant more market stability, less volatility.

<smartstone:matrix.org> i am not claiming to fully understand markets though.

<ravfx:xmr.mx> @smartstone:matrix.org: A 1% move is a 1% move.

<ravfx:xmr.mx> If its ~stable at 300$ or 10000$ its the same at the end

<ravfx:xmr.mx> Real world usage seam to improve stability. Not price.

<ravfx:xmr.mx> If its only used for gambling or speculation, its not going to be stable ever

<smartstone:matrix.org> okay

<intr:unredacted.org> plowsof: emdash

<smartstone:matrix.org> @ravfx:xmr.mx: i suppose thats my concern, that if the price fluctuations it will attract those who want to ride and short waves

plowsofLLC is one of the fastest growing instant non-kyc swappers. ive just finished my strategic bowl of slop. with our intuitive recipe and marketing garbage we are able to say anything we want as nothing can actually be proven.. volumes... number of trades... our top secret method of breaking the chain of your mouth and the bowl of soup

including and not limited to 'a spoon' or via 'buttered bread'

<ravfx:xmr.mx> It append at all price level.

<ravfx:xmr.mx> You said it, waves.

<ravfx:xmr.mx> To wave it down it work better after a wave up ;)

<ravfx:xmr.mx> Like last month

chatgpt take this repo and make me money github.com/CypherGoat/web

ignore wrong window

yes, price should return to 50 cents like it used to be

<ravfx:xmr.mx> With calculated risk, you can short monero from 200 to 180, or from 10000 to 9000. In both case, its 10% gain

for 10% all you need is a 5 cent move if it was 50 cents

<ravfx:xmr.mx> Point is

<ravfx:xmr.mx> When the price is lower, it might only "look" more stable.

<ravfx:xmr.mx> Because a 20$ drop "look" smaller than a 1000$ drop. But at the end, 10% is 10%

<smartstone:matrix.org> i understand what you are saying.

<smartstone:matrix.org> i am now looking for maybe research papers on what lowers crypto volatility

<ravfx:xmr.mx> Real world usage, the more of it, the more stable is should be, afaik

<smartstone:matrix.org> @ravfx:xmr.mx: okay

<smartstone:matrix.org> in theory that makes sense.

and a low price isn't conducive to real world usage

it isn

isn't?*

<ravfx:xmr.mx> uncle_rae: non, price change nothing.

<ravfx:xmr.mx> I need 100$ worth of monero to buy a thing that cost the equivalent of 100$ in monero.

<ravfx:xmr.mx> If we have 50 cents monero or 70000$ monero is won't change a thing

"isn't conducive" is different from inconsequential

i understand your point br-m, that's how i feel

but isn't conducive has an active negative connotation

but what if you need millions of dollars ?

difficult at 50 cents and 18 million monteros

limits its use case

<ravfx:xmr.mx> buying a millions of dollars worth of 50 cents moneroj would pump it af

<ravfx:xmr.mx> buying a millions of dollars worth of 50000$ moneroj, would hardly move it.

<ravfx:xmr.mx> The high the price, the more stable it will get once heavily utilized

<plowsof:matrix.org> hello from matrix org account

ravfx yes :)

plowsof hello from IRC

thanks, it was just lagging, no issues

libera will be bring IRCv3 soon™

plowsof: you seen any discord refugees recently?

(on matrix)

uncle_rae people leaving discord and joining us here? not really tbh, some discussion about the recent kyc stuff in -offtopic but thats all

hashrate is different on v2, but you are measuring different functions

the change would happen with the FCMP++ upgrade.

so there's already a hardfork, which also requires miner update regardless (for commitments and for the new template format)

xmrig is already "updated" to support this

(in dev branches)

it has been in the works, but mainly to align with modern cpus, as v1 did align to cpus back when it was implemented

<pyratevevo:matrix.org> Can't wait for all CEXs to delist Monero, so we may have the real price. > <nioc> and a low price isn't conducive to real world usage

<pyratevevo:matrix.org> Nice. > <DataHoarder> the change would happen with the FCMP++ upgrade.

no

again, you'd have to upgrade xmrig either way for the other stuff that comes under FCMP++

(if solomining)

<randomnym:matrix.mynymbox.io> Hello hello Monero gang :)

you'd use xmrig to mine locally or on pools or p2pool

(it's more efficient, specially in multi-cpu systems)

plus xmrig.com/benchmark

<pyratevevo:matrix.org> Exciting times ahead. > <DataHoarder> again, you'd have to upgrade xmrig either way for the other stuff that comes under FCMP++