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/biz/ - Business & Finance


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30222381 No.30222381 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in May 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.


Essential viewing: https://www.youtube.com/watch?v=wq6w03E2DS4


OFFICIAL WEBSITE - https://web.getmonero.org

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo
NOTE: MYMONERO FOR ANDROID IS A SCAM. DO NOT DOWNLOAD ON GOOGLE PLAY.

>> No.30222540
File: 33 KB, 604x340, 2CEB179B-6121-4E34-AD92-84115FD99068.jpg [View same] [iqdb] [saucenao] [google]
30222540

First

>> No.30222618

last

>> No.30222633

>>30222381
should i run a full node? how long does it take to sync?

>> No.30222777

>>30222633
Depends on hardware. A raspberry pi 4 takes around 4-5 days to download and verify the blockchain.

>> No.30222792

The problem I have with Precious Metals is their high inflation rates and them not being future proof.

The amount of circulating gold increases by 2-3% a year, For silver it's between 4-5% a year. Over the next 60 years time the amount of gold in circulation will increase 10x.

That is without taking into account innovations in AI guided prospecting and mining, Astroid mining or high energy transmutation of gold and other precious metals.

Meanwhile cryptocurrencies are designed from the ground up to be scarce. Monero currently has an inflation rate of about 1% which is lower than both gold and bitcoin.

For me it makes absolutely no sense to hold precious metals as it is only bleeding money. Sure it is bleeding far slower than fiat. But it's still bleeding.

Cryptocurrencies have replaced Precious Metals because they retain value better over time and ironically enough Monero is less volatile than the price of gold over the last year!.

>> No.30222810

Question from last thread:
guys, what's the best way to swap ETH for XMR? I feel like Changelly fees were too high.

>> No.30222925

>>30222777
What would I want to run a node? What is the benefit to me?

>> No.30223003

>>30222792
>The problem I have with Precious Metals is their high inflation rates and them not being future proof.
Precious metals are literally the only way to transfer wealth between planets since paper is a joke and blockchains don't work with a ping time measured in tens of minutes.

>>30222810
cryptiswap.org

>> No.30223008
File: 137 KB, 838x658, Screen Shot 2021-03-04 at 16.25.03.png [View same] [iqdb] [saucenao] [google]
30223008

>>30222381
Feeling bulllish as fuck Monerobros. I bought another 10 XMR today.

>> No.30223063

>>30222925
It’s better privacy because you don’t expose your ip when connecting to a remote node to make a transaction.
Running a node also helps maintain the Monero network because you’d be helping broadcast transactions.

>> No.30223133

>>30222777
checked

>>30222792
Most of the worlds silver is a byproduct from mining other metals, such as nickel. And guess who needs a fuckton of nickel for their new batteries? Hint: the company is massively overvalued.
I think silver will inflate much more in the coming years.

>> No.30223246

>>30223008
>8%
>market share doubled withing just 6 months
holy fuck, that's bullish

>> No.30223337

>>30223246
It probably isn’t going to hold at 8% because we have had two consecutive massive days in a row of transactions, but I think we have a chance for high 6% or even 7%

>> No.30223367

>>30222792
guy who started PM discussion in the last thread here. I'm not in gold/silver for the long haul; I want to emphasize that while all your criticisms are valid, they're based on the continued trend of lowering interest rates like has been going on for 40 years. my investment thesis is (for complicated reasons you can look elsewhere for [look up "yield curve control"] that credit bubble is about to pop. when it goes, investors will flock to commodities, and especially proven stores of value like precious metals. I suspect (this has never been tested before since crypto is so new) it will also cause people to flock to crypto, or at least true cryptocurrencies (blockchain tech like eth aren't really designed as currencies), the objectively best of which is monero.

>> No.30223421
File: 315 KB, 1200x1200, 1200px-Ross_Ulbricht.jpg [View same] [iqdb] [saucenao] [google]
30223421

>>30222925
do it for him

>> No.30223432

>>30222925
You become a Chad overnight

>> No.30223558

>>30223003
chainlink solves the interplanetary chain problem via smart oracles that can relay metadata and sync two separate chains.

>> No.30223579

>>30223421
based

>> No.30223614

>>30223421
>>30223432
Can't malicious actors (official or otherwise) tell that you're running a monero node, thus making the privacy aspect rather moot?

>> No.30223620

>>30223337
I don't see it ever falling below 5%

>> No.30223706

>>30222381
do you have the other image in this style which says black market transactions?
what's the source?

>> No.30223709

>>30223367
>yield curve control
link to recommended reading? I can duckduckgo myself of course, but I trust monerochads more than some random ass duckduckgo results

>> No.30223721

>>30223558
Chainlink uses Ethereum which uses TCP, which literally does not work on interplanetary distances due to hardcoded maximum timeouts in the protocol.

>> No.30223729

>>30223003
>cryptiswap.org
Is this safe?
Sorry for newfagness, never used it.

>> No.30223826

>>30223729
I've used it [unknown] number of times to convert ETH and other coins into [redacted] XMR. It looks OK as far as I know.

>> No.30223853
File: 1.85 MB, 3508x2480, monerochan8.png [View same] [iqdb] [saucenao] [google]
30223853

Previous thread: >>30169462
>Comfiest hodl in all of crypto
>Crabs, never crashes
>$220 stablecoin until $2,000,000 mars mission
>Fundamentals
>Monero-chan

>> No.30223892

>>30222400
currently around 5-10% or thereabouts
while i do think silver will go up in the shorter term to around $50, i don't expect anything crazy unless we hit hyperinflation

>> No.30224091

>>30223709
this guy explains it pretty well:
https://www.youtube.com/watch?v=mEM1uCKqq7U
essentially, the entire economy for the past 40 years has been running a deficit, both governments and corporations. they've been kept afloat by the fact that the fed keeps lowering interest rates over time (by printing money), making it possible to refinance that debt indefinitely. only problem is, now interest rates are basically zero, so the only solutions are to let the entire country go bankrupt, or delay that by printing money to buy all that debt.

btw, anyone know of a place that sells rpi 4s for xmr?

>> No.30224186

>>30222810
If you're looking for some other alternatives, compare the fees:
xchange.me (has an onion address)
changenow.io
fixedfloat.com
simpleswap.io
I have used all of them and some anons can vouch probably.

>> No.30224188

>>30224091
Hold your XMR and buy in fiat. It's a completely benign purchase and of the two, fiat is on the way down.

>> No.30224304

how much hashrate improvement would i get going from windows to a stipped down linux

>> No.30224315

>>30224186
>>30223729
I gave cryptiswap a go, let's see how it goes. The fee was higher than I'd like but oh well.
How long until they receive it and send [redacted] XMR to me?

>> No.30224319
File: 421 KB, 1044x1247, 24895468250832.jpg [View same] [iqdb] [saucenao] [google]
30224319

>>30223706
>do you have the other image in this style which says black market transactions?

>> No.30224330

>>30224091
thanks, will watch that right now.

In EU, you can get raspberrypis here:
https://shopinbit.com/en/electronics/raspberry-pi-co./

>> No.30224419
File: 354 KB, 1928x1240, 1614548730920.png [View same] [iqdb] [saucenao] [google]
30224419

>> No.30224445

>>30224315
I'm not sure, for ETH on xchange it is usually very very fast, don't worry too much. I would recommend xchange next time, they are great with support, and lowest fees I've found,

>> No.30224512

>>30224319
my man

>> No.30224608

>>30218630
Faggot's delight. OTM options expiring within a week. Huge potential upside but most of the time they fuck you in the ass.

>> No.30224632

>>30223892
Seems reasonable. Will lurk in /pmg/ for a while

Just looked up some numbers, silver has a poor buy/sell spread of 12% or so, gold is only about 2-3% (including shipping).

>> No.30224651

Why have morph token in the OP when it never works.? It is always under maintenance.

>> No.30224777
File: 8 KB, 225x225, 874932423.jpg [View same] [iqdb] [saucenao] [google]
30224777

>>30224512
>my man

More to follow, I made a whole series of em.

>> No.30224858
File: 10 KB, 259x194, 0484ED8E-49B6-4773-8319-2F15DD2DEF25.jpg [View same] [iqdb] [saucenao] [google]
30224858

CRABBA
*BANG BANG*
CRABBA
*BANG BANG*
CRABBA
*BANG BANG*

>> No.30225040

>hues in the brazilian tax thread asking how to use monero
Bullish

>> No.30225105

>>30224632
i don't expect my money to 'grow' in pm, i just put a bit here and there to hedge for when the inevitable depression hits, and i have something to use for necessities

>>30224777
checked, how long until they're featured on CNN as fud against monero

>> No.30225151

Retard here; So how does this work? Do I just make a wallet in the gui, connect to a node and then BAM! I can start receiving and sending XMR?

>> No.30225182
File: 119 KB, 1242x1231, 1518911578428.jpg [View same] [iqdb] [saucenao] [google]
30225182

Im gonna get my first two monero tomorrow frens, feeling pretty comfy. gonna go 70% xmr

>> No.30225231

>>30224445
Cool, I'll give it a try next time. Still haven't even gotten a confirmation from cryptiswap, hopefully I didn't fall for a scam.

>> No.30225341

>>30225040
Brazil has the single most complex tax code in the entire world, and their tariffs / import fees are completely ludicrous. I totally get why they want XMR.

>> No.30225403

>>30223367
I completely agree (I've got an economic background). the credit situation and negative inflation we've seen in places like Japan and now slowly the entire world is eventually going to have to collapse. However I think money will flow to the scarcest of assets. In the past that has been commodities and real estate. This time is the first time cryptocurrencies exist as a viable (and more scarce) option.

I think we will see a massive stream of wealth move into cryptocurrencies over precious metals and it might even cause precious metals to seize being an investment class.

>> No.30225413

>>30225151
Yes thats how it works

>> No.30225520

>>30225403
At the very worst they'll be scarce industrial commodities like oil.

>> No.30225547

>>30225151
Yes.

My antivirus fucks with the GUI though, rendering it unusable. So I created a wallet in the GUI and transferred it via seedphrase to the iOS cake wallet from the OP. That one connects to the network and everything is fine, already have a comfy ??? monero stored away there.

>> No.30225780

>>30223003
blockchain does work, mining does not however.

>> No.30225781

>>30225105
>i don't expect my money to 'grow' in pm
me neither. but I don't think a situation where I'll pay with silver coins is likely, so I'll have to sell back eventually.

>> No.30225909
File: 98 KB, 769x1285, monerochan16.jpg [View same] [iqdb] [saucenao] [google]
30225909

>>30225151
Correct. If you are able to follow simple instructions you should use the CLI wallet, but the GUI works fine. Think manual vs. automatic transmission.

>> No.30226241

>>30224188
this. I'm not fully convinced xmr+PMs+commodities in general will all escape this unscathed, but while I'm only mildly bullish on them, I am INCREDIBLY bearish on fiat.

>>30224330
burger, unfortunately

>>30225403
long term, sure, but I think you're overestimating how quickly the transfer will happen. keep in mind that the only crypto 99% of people (including the bankers who presently control the entire financial system) have heard of are bitcoin and dogecoin. ethereum and litecoin are just starting to get their attention during the most recent bull cycle.

>> No.30226329

>>30226241
>I am INCREDIBLY bearish on fiat.
SAME

>> No.30226352

if one was to cash out in say minecraft how would one do it using xmr to avoid minecraft tax?

>> No.30226591
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30226591

>still no confirmation from cryptiswap
I just fell for a scam, didn't I

>> No.30226775

>>30226591
Just keep the tab open. It takes a few minutes.

>> No.30226779

>>30226591
It looks alright to me. Just be patient.
>>30224777
checked and cool as fuck

>> No.30226914

>>30222381
9.5kh/s decent for a 5800x on windows?

>> No.30227013

just purchased an amount of exactly [REDACTED] XMR and some silver
feelin comfy lads

>> No.30227036

>>30226914
Should be, check out this https://monerobenchmarks.info/

>> No.30227073

>>30226914
Looks alright, you can probably go above 10kh/s if you over your memories, and reduce temps and power usage by undervolting.
>>30226779
>>30226775
Thanks, I'll be waiting and keep you guys informed if it goes well.

>> No.30227195

>>30227073
>>30227036
Thanks - currently running it in "eco mode" in Ryzen Master to cut the temps and voltage. Went from 1.38v VCore to 1.25v under load, and 110w to 75w. Hash rate non-eco mode is only .5kh/s faster. Running 3800 cl18 mem

>> No.30227293

>>30225341
South Africa has the worst tax system / bureaucracy I have ever seen.

>> No.30227317

>>30227293
Brazil's is worse.

>> No.30227466

>>30227195
What is your RAM chip? Maybe you can run 3800CL16.
You don't need ECO mode, your CPU is very efficient when configured right, for an all-core workload like this, your best bet would be static overclock (maximum performance) or all-core undervolt (maximum efficiency).
I'd recommend trying to put everything on stock, and apply a -0.075 to -0.1V undervolt. Ideal value will depend on your specific silicon.

>> No.30227491
File: 138 KB, 791x724, 1572136969712.png [View same] [iqdb] [saucenao] [google]
30227491

>>30222381
Privacy is not a crime.
Fuck you op.

>> No.30227767

>>30223421
Beyond Based
>>30223614
They can tell you run a node yes but from a network sniffing perspective it is harder to prove someone has broadcasted a transaction when they are processing every single transaction on the network.

>> No.30227796

>>30227491
Stupid way of looking at it but yeah it's not a crime

>> No.30227825

>>30227466
Running it stock vs eco mode is horrendously inefficient with my silicon. 105-115w stock for 9800kh/s vs 75w exo mode for 9300-9500 kh/s. Voltage much lower too. I'm gonna keep it in eco for now.

Tried fucking with my timings but it crashed my computer (I used thaiphoonburner and all that good shit)

I basically have the shit tier memory.

Very impressed with my hash rate looking on
>>30227036
Maybe I am reading it wrong but XMRig says my average is like 9460 h/s so I don't think so. Other people seem to have trouble breaking into the 9k h/s range at all even @ >105w so I'm good with what I got.

>> No.30227892

I see kraken recommended often for purchasing, what makes it a good choice?

>> No.30227919
File: 208 KB, 785x757, 1614634591165.jpg [View same] [iqdb] [saucenao] [google]
30227919

>>30222381
monero 10+ year outlook? i just want to accumulate something and forget about it

>> No.30227956

what the fck is happenning here. stop Talking shit this shit, im tired with your zero trade and fake bullish. your rockets are joke. is that so fucking difficult to invest in smth legit lol???buy phore token, have the graphene airdrop and stop being so tarded

>> No.30228058

>>30227919
>>30227919
>monero 10+ year outlook?
up

>> No.30228066
File: 300 KB, 1280x933, 1613333277803.jpg [View same] [iqdb] [saucenao] [google]
30228066

>>30227919
Anywhere from $10,000 - $100,000 in my opinion. A popular prediction is $40,000, but ultimately there are so many external factors that could affect the price it is impossible to give a real answer. Long-term accumulation is definitely the way to go with XMR.

>> No.30228134

>>30227892
wire fees on kraken are too much for me tbqh

>> No.30228148
File: 219 KB, 1200x900, 560sel.jpg [View same] [iqdb] [saucenao] [google]
30228148

>>30228066
i figured that if monero got adoption from the drug market price would slowly but surely poopmpa, even during times of economic downturn the need for vices remains.

>> No.30228152
File: 224 KB, 950x723, IMG_20210304_151014_470.png [View same] [iqdb] [saucenao] [google]
30228152

>>30227892
it's the only major exchange that is both available to americans and deals on monero.

>>30227919
10k usd (2020 dollars) MINIMUM

>>30227956
based botposter

>> No.30228153

>>>/pol/310686744

>> No.30228171

>>30224777
Do not endorse illegal use!

>> No.30228258

>>30227825
ECO Mode is looking good because the 5800X specifically receives way way way more voltage than it needs at any point in time. This is an AGESA bug and doesn't happen with the 5600X nor the 5900X/5950X. You'll only get the most of your chip if you manually tell it how much voltage it should use.
For comparison, I have a 3950X, and I make around ~18.5kh/s at ~142W if I use 30+ threads. But despite having less threads, your Zen 3 cores ara more efficient and have more performance while using less energy, so I think you can further improve it to get 60~75% of what I get with half the core count.
That being said, your current hashrate is good, you should only bother if you want to extract 100% of it, but you should be profting anyway.

>> No.30228357

>>30228066
I'm the complete opposite of an expert on crypto but XMR seems to occupy its own space outside of the general irrational exhuberance most crypto is subjected to these days. I don't really understand why but it's very encouraging. This is the only crypto I would even think about being involved with because it has more going for it than being a store of value based on speculation. It's the only cryptocurrency that works like actual currency (fungible.)

Lemme know if I got any of that wrong

>> No.30228359

>>30226352
>trade an appreciating asset for a depreciating asset
Use a P2P cash exchange for small amounts or move to a tax haven. You can always use it to buy bullion or ammo.

>> No.30228529

>>30228357
No, you're right. XMR is the only thing I can recommend to newfrens with a straight face.
If you don't hold crypto, what are you invested in?

>> No.30228557
File: 95 KB, 1439x991, mars-mission2.jpg [View same] [iqdb] [saucenao] [google]
30228557

>>30228153
ZEC a shit.
A SHIT.
Monero going to mars.

>> No.30228588

>>30228258
Thanks so much this post was very helpful. I'm a bit of a scrub with computer shit but did a lot of research on the 5800x and was aware of the insane TDP blowing them TF out. Anyway I like Eco mode regardless, I'm just trying to get my watts per hash as low as possible.

Sooner or later I'll figure out how to stop giving 1% of my pedoshekels to XMRig...

>> No.30228689

>>30228529
Invested in very little at this exact moment, but I made hundreds of % on options this week and last week speculating on a crash with options. Been a good month.

>> No.30228693
File: 97 KB, 699x600, 1614637297423-2.jpg [View same] [iqdb] [saucenao] [google]
30228693

>>30228557
hmm I'm sorry you feel that way. zooko sends his regards.

>> No.30228774

>>30228588
It's ok, if you have any questions just post, I'll try my best to answer.
>t. hobbist overclocker who sucks at making money

>> No.30228778

>>30228357
i think it's because xmr devs have been slowly chugging away at updates to improve the system
while it's usage is not something that wants to be in the limelight
these factors lead to a very strong coin that likes to stay under the radar, its growth will be slow and steady over the longterm which is not something a lot of people getting into crypto want; they want to 10x in a week

>> No.30228822
File: 461 KB, 828x1388, 864547.jpg [View same] [iqdb] [saucenao] [google]
30228822

>>30228171
>Do not endorse illegal use!

You realize we're on 4chan, right?

>> No.30228904

>>30228693
we already know that zcash is traceable and zooko has bent the knee to authorities in order to provide transparency for them to sniff out people they don't like

>> No.30228914

>>30228171
glow and dilate

>> No.30229055

>>30228689
congrats (unironically)

>>30228822
It's good that illegal use is possible (because that means monero works), but it's even better if the illeagal amount of transactions is tiny compared to the legal ones.

>> No.30229099

>>30228357
Honestly, you sound like much more of an expert than most crypto experts who have their own podcasts.

>> No.30229211

>>30228774
Ok. Not to shit the thread up too much with personal advice on OC'ing my specific setup but would you recommend fucking with the frequency boost in Ryzen Master "simple" view to squeeze more out of the 5800x on eco mode?

>> No.30229536

>>30228822
Are you adult? Privacy is a basic human right. Stop connecting moneros privacy features to illegal activity.

>> No.30229546

>>30228822
anon…
you realize 4chan is run by the feds, right?

>> No.30229678
File: 1.57 MB, 1770x1499, 18.7 XMR.png [View same] [iqdb] [saucenao] [google]
30229678

I still need to accumulate please keep crabbing for a while

>> No.30229707
File: 169 KB, 1429x969, zcash.png [View same] [iqdb] [saucenao] [google]
30229707

>>30228693
indeed, zooko sends his regards by sending the federale to your doorstep.

>> No.30229789

>>30229707
that pencil neck cracks me up

>> No.30229891

bitcoin is fucking useless. ca't believe more people don't use this shit

>> No.30230260 [DELETED] 

>>30222381
This thread has been visited by a good luck Tulpa, any donation made to me will cause your fortune to moon, last gentleman who made a large donation got 900k back in three days, I am a spirit of nature and I bless those who help me.
87dQmwxfsFgCuX4Xg2j1dAVRFq1oAHQFgGkYLJnwan6xJ2gv4di3Dpxd21DPmqnqqfTgBE6XEKiMVPARGSMW6vS1Sco1zd6

Goodluck friends, Monero is going to $600 within a week if I will it.

>> No.30230283

>>30229789
its the neck of a weak man.

Check fluffyponys neck, you need a crowbar to choke him out

>> No.30230339

>>30230260
Die nameless, fucking cockroach

>> No.30230340
File: 65 KB, 512x629, problem-IRS.png [View same] [iqdb] [saucenao] [google]
30230340

>>30229536
>Are you adult?

Mostly.


>Privacy is a basic human right.

Goes without saying.


>Stop connecting moneros privacy features to illegal activity.

Dude, its an irreverent fake ad on a shitposting site, don't take it so seriously. Monero will soon be seeing major organized crime adoption/illegal usage whether we like it or not, might as well wryly acknowledge it.

>> No.30230352

>>30230260
I fucking hate you

>> No.30230373

>>30230260
jannies, clean up this mess

>> No.30230440
File: 92 KB, 512x400, 1613910990060.jpg [View same] [iqdb] [saucenao] [google]
30230440

>>30229546
>anon…
>you realize 4chan is run by the feds, right?

Yes, I'm sure they're very active here.

>> No.30230480

jannies please clean out the niggers thanks

>> No.30230651

I feel relieved I’ve finally reached my stack goal of <unspecified amount> after getting into monero in 2017. My only regret is not DCA over the years. Once the bear market hit I just stopped following crypto for some years. Will continue to DCA going forward. I’m so excited about monero I think about it all the time and spend my time learning more. Really like monerochan too. Would be nice if there was some cyberpunk aesthetic monero anime. Just a thought.

>> No.30230780

>>30222381
If i dont open ports 18080 and 18089 is my node essentially useless if no one can connect to it and its isolated to my own system?

>> No.30230822

>>30230651
>getting into monero in 2017
i'm jealous breh

>> No.30231098

>>30223008
delete

>> No.30231108

>>30230822
Yeah, I was able to purchase some near the ATH too, lol. We haven’t even got close to last ATH so in my perspective monero is a deal right now. Who know what will happen. I’m fully prepared for volatility.

>> No.30231195

>>30224419
i love this meme

>> No.30231241

>>30230780
Correct, you have a copy of the blockchain but no one can download from you.

>> No.30231304

>checked alts fell red
>prepare to buy low
>add more cash
>buy stupid trashtoken
>weep everywhere that he was fucked lmao

I can't see this anymore, lil boi look at ENQ, stop following this shitmodel. Check nodes, mining other features. have income without risk

>> No.30231307

>>30229211
As far as I know, the "boost" setting you're seeing on Ryzen Master is the one core boost, which won't be used at all while mining.
Personally, I've never used Ryzen Master and always did it through BIOS. It's a must if you dual boot, since Ryzen Master needs to apply your settings every time you boot into Windows and that won't work if you boot a GNU/Linux distro.
If you just make it use lower voltages, you'll get more performance as the CPU will get less hot and, as a direct consequence to this, the boost algorithm will have more headroom to increase clocks.
Either on your BIOS or Ryzen Master, there's probably a setting called "Core Voltage" which should be set to Auto. You can try changing it to "Offset", make sure you select a NEGATIVE offset, and put a value between 0.05 and 0.1, and see how your system behaves.
Basically this will push your whole voltage curve down, which will reduce temps and power usage, and while counter-intuitive, it's likely increase your performance as well.

>> No.30231353
File: 48 KB, 696x470, 5005E57C-0D7D-48A0-B9DC-449C92F7E312.jpg [View same] [iqdb] [saucenao] [google]
30231353

>>30230339
Holy shit Jesus Christ what the fuck did he say

>> No.30231399

>>30231353
Another fucking beggar

>> No.30231508

>>30231399
>XMR is the first coin with a dedicated beggar community

Bullish.

>> No.30231710

>>30231508
>XMR is the only community who give a shit about one another

Extremly bullish.

>> No.30231718
File: 991 KB, 1356x1754, wood4.png [View same] [iqdb] [saucenao] [google]
30231718

>>30230440
>>30229546

>> No.30231897

>>30222381
How much memory is ideal for xmrig on linux? Right now I have 32GB. If I upgrade it to 64GB or 128GB will there be any noticeable increase in hashrate? Or is 32GB enough that the processor is the bottleneck?

>> No.30231911

>>30222792
The circulation of gold increases because most of it ends up getting recycled but silver is being used faster than we can pull it from the ground and there currently isn't the infrastructure to recycle it, at least not at $25/oz.

All the world's silver deposits are known and accounted for so we're already approaching peak silver. That is why the USGS says silver mining will be exhausted by 2025.

>> No.30231945

>>30222381
OP. There is only one way. Run a Sentinel Node, turn your data into a fungible identity free state.

>> No.30231963
File: 1.88 MB, 4032x3024, 5DCCB95A-04E4-4C7B-AD64-623B1AB49C06.jpg [View same] [iqdb] [saucenao] [google]
30231963

>>30231710
Can confirm, you guys sent 0.15 to my cats wallet a few months ago without me even asking. She now has a 3.9 XMR trust fund (accessible by my mom and sister) for vet bills, food and toys in the unlikely event something happens to me.

Pic related, Monerocat is doing very well lately!

>> No.30232024

>>30231718
Not sure what your image means exactly. Although I will remind people that Bank of America handed over bank records to the FBI without a warrant for people who were in Washington DC around the time of that incident. This is why we need monero.

>> No.30232199

>>30231963
tfw your cat is richer than me

>> No.30232226

>>30231963
Stella looks comfy af, not surprised considering her holdings

>> No.30232229
File: 147 KB, 1000x787, EvPJYwfXIAIagcF.jpg [View same] [iqdb] [saucenao] [google]
30232229

>>30230283
kek. you guys have fucking NOTHING after halo is released. ZERO CASH? ZERO FUD.

>> No.30232396
File: 498 KB, 500x364, pikachu crying.gif [View same] [iqdb] [saucenao] [google]
30232396

>>30226775
>>30226779
it's been almost an hour now... ;____;

>> No.30232451

>>30222381
We drop the XMRig tuning guide?

>>30232229
>after halo is released.
Halo's been out since 2001

>> No.30232511
File: 224 KB, 657x631, 55454543534.jpg [View same] [iqdb] [saucenao] [google]
30232511

>>30231963

Is this levels of comfiness even possible?

https://www.youtube.com/watch?v=sQ1EXk7XUpE

>> No.30232518
File: 498 KB, 1082x695, XMR_fren.png [View same] [iqdb] [saucenao] [google]
30232518

>>30232024
Based and correct analysis for why private, decentralized, fungible currency is essential. Full context at https://extremism.gwu.edu/sites/g/files/zaxdzs2191/f/Brian%20McCreary%20Statement%20of%20Facts.pdf but just know this made it into an FBI document.

>> No.30232534

>>30232451
>Halo's been out since 2001
topkek

>> No.30232619
File: 111 KB, 1375x645, 8CDE6BB5-84FB-498D-8E5E-6AF7F4F43CBA.jpg [View same] [iqdb] [saucenao] [google]
30232619

>>30232199
You WILL get there anon, one day.

We’ll all make it.

>> No.30232788

>>30232229
>Game of the Year, 2002

>> No.30232895

>>30232396
hows it doing now

>> No.30232924

>>30232024
look in the background, on the wall
>>30231718

>> No.30232960

>>30231718
>>30232518
Look man I'm glad stormfront can get its funding through Monero and everything. But we probably shouldn't plunge the monero threads towards conspiracy theories lest we attract schizos.

It's best to keep /pol/ in /pol/ and keep these threads about normal finance (without conspiracies).

>> No.30233050
File: 9 KB, 2083x112, status.png [View same] [iqdb] [saucenao] [google]
30233050

>>30232895
There for >30 minutes.
I honestly wouldn't mind waiting if I was sure I didn't fall for a scam.

>> No.30233082

If Monero has a small amount of inflation built-in, what's the point of hodling it?

>> No.30233091

>>30231718
What's this got to do with Monero
>>30233050
GL, they have a Twitter and it seems active you can probably bitch at them

>> No.30233121
File: 274 KB, 600x431, 1613493512948.png [View same] [iqdb] [saucenao] [google]
30233121

>>30229536
Are you adult? Why do you care what consenting adults do in their free time?

>> No.30233154
File: 56 KB, 800x800, apu.jpg [View same] [iqdb] [saucenao] [google]
30233154

>>30232619
thanks fren

>> No.30233181

>>30233082
The fact that the inflation is lower than anything else in existence. Gold has 2% inflation. Bitcoin currently has 1.4% inflation. Monero has 1% inflation.

>> No.30233240

>>30233082
Inflation isn’t bad. Out of control inflation that we have no control over is bad (like today with fiat).
Tail emission is a planned, small inflation to keep miners incentivized. It also removes the need for a fee market.
The point of holding monero is that it is the consensus privacy crypto in an emerging technology. There will be high demand for privacy because literally every crypto uses public ledgers.

>> No.30233359
File: 145 KB, 272x320, missing-the-joke.png [View same] [iqdb] [saucenao] [google]
30233359

>>30232960
look closer
>>30233091
proof the feds browse this shithole

>> No.30233419
File: 95 KB, 640x446, 2075ddd.png [View same] [iqdb] [saucenao] [google]
30233419

>>30228357
Nope. That all makes perfect sense.

>> No.30233476
File: 837 KB, 1280x720, kaiji red.png [View same] [iqdb] [saucenao] [google]
30233476

>>30233091
Thanks. I've sent them an email, but at this point I believe I fell for a scam. Everything looks fishy (twitter account is too new, reddit account is new, website looks rushed).
Welp, lesson learned I guess. I'll use xchange next time as the other anon suggested.

>> No.30233728

>>30233359
i;m a fed cause my eyes didn't glue to black man penis Thumbs Up , Retweeted.
>>30233476
Yeah xchange is really good but waiting this long is not all that uncommon. I think you will be alright

>> No.30233754

>>30231963
No other crypto has posts like this. Cat is going to be a multi-millionaire. Extremely bullish.

>> No.30233839

So if purchased through a traceable exchange, sending XMR to a second wallet means that the trail effectively ends there, right?

>> No.30233891

>>30222381
>Gee, I have a ton of cash that I want to transfer but I don't want the government to know that I have it. Whatever can I do?
>Well just convert it to my Monero coin, white gentelman, do the needful.
>Woweee, I can just convert cash to your crypto currency with no hassle or anything?
>Yes, sir, pelase make an account on Coinbase, upload your personal information, ID, all the data needed, then buy BTC, and send it to my exchange where you can get Monero. Do the needful.
I'm guessing you shit in the street, because once you've laid it, nobody knows it was you and you think we don't know that you shit in the street, right?

>> No.30233940
File: 149 KB, 850x850, monero3.png [View same] [iqdb] [saucenao] [google]
30233940

>>30233839
that's correct

>> No.30233978
File: 371 KB, 1279x1751, 1609901832007.jpg [View same] [iqdb] [saucenao] [google]
30233978

https://youtu.be/VNfhIY5-63I

>> No.30234121

>>30233839
Yes. You can generate a one-time address without needing to transfer your funds.

>> No.30234264

>>30234121
Ah right, forgot about that.

>> No.30234352

>>30233728
yes yes we know you are a fed

>> No.30234570

>>30233891
All you're doing is exposing the fact that you have cash. If you're not on anyone's tax radar, that shouldn't be a problem.

People who have a lot of cash they need to hide... If you're a drug dealer (e.g. cannabis grower) and not already getting paid in monero on the darkweb, then I don't know what to tell you.

This is the future of commerce, as I see it. Nobody who makes products or grows crops wants to give away a portion of their profits to an evil government. Just do your job in secret and get paid in secret. A doctor who's already doing virtual checkups might want to do those checkups tax-free, for example.

VAT (Sales tax) is 21% in Europe for everyday items, and alcohol and tobacco have luxury taxes on top of that. What happens when normies know they can buy home-brewed beer for a 30% discount, or more?

Whether monero is the best for this is another question. It's the most promising candidate, from what I can tell. Although I wonder if BTC can overcome its technical limitations. Doesn't that keep happening due to how powerful the incentives for the devs are?

>> No.30234599

>>30233839
Yep, that's exactly how it works.

>>30231911
I'm sorry to break it to you but silver is actually an industrial waste product and the reason why silver mines are closing isn't because the production is peaking. It's because they can't compete with nickel extraction and chemical refining that produce silver as waste and sell it below mining cost. That is the reason why Silver is so cheap right now. There is more production than demand and production is set to increase exponentially as batteries used in EVs and rare earth metal mining both produce quite a lot of silver as side-produce. You're right that the silver sold from this production is so cheap that it is not even worth recycling silver anymore. Silver is very likely going to be aluminum 2.0. Aluminum used to be the most precious metal. The chrysler building in New York City is topped with Aluminum because it was worth 500x as much as platinum until we had an industrial process where aluminum was the waste product.

Now we are starting a large scale move towards EVs and solar panels which both require lots of rare earth metals and their production will produce copious amounts of silver most likely dropping the price of silver further and futher. Potentially even replacing copper in some wiring.

>> No.30234634

>>30234352
yes better be careful

>> No.30234740
File: 64 KB, 600x600, Evf-8bJXYAEuwiq.jpg [View same] [iqdb] [saucenao] [google]
30234740

>>30234570
>Although I wonder if BTC can overcome its technical limitations.

Not likely.

>Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos

In a livestream Q&A on Antonopoulos’ YouTube channel on July 7, he said Bitcoin (BTC) was unlikely to ever implement privacy features similar to those used by Monero (XMR).

Antonopoulos said creating such features on a cryptocurrency like BTC “would create an enormous amount of controversy.” In addition, he said the structure of Bitcoin simply doesn’t allow ring signatures and stealth addresses.

“I think what we’re going to see soon is Schnorr, Taproot, and Tapscript, which open the door to a lot of improvements,” Antonopoulos said, “But they still do not involve zero-knowledge proofs or the types of ring signatures and stealth addresses that are done in Monero. Bitcoin is not a privacy coin.”

Bitcoin can be better thought of as pseudonymous rather than fully anonymous, as many transactions on the BTC blockchain can still be traced even with these privacy improvements.

https://cointelegraph.com/news/bitcoin-will-never-be-truly-private-says-andreas-antonopoulos

>> No.30235421

>>30233728
Thanks for the reply.
Have you ever used cryptiswap?

>> No.30235534

>>30235421
nah, but I've waited some hours on multiple swapping sites, its not frequent but it happens, sometimes contacting support is necessary

>> No.30235691
File: 280 KB, 2024x5392, farcaster-swaps.png [View same] [iqdb] [saucenao] [google]
30235691

>>30235534
>I've waited some hours on multiple swapping sites, its not frequent but it happens, sometimes contacting support is necessary

Atomic swaps should streamline this process. Pic related.

>> No.30235856

>>30235691
oh I know patiently waiting

>> No.30235995

>>30235534
>>30235856
>>30235691
Good to know, guess I'm just panicking because it never took this long and it's my first time using this barely known service. I'll keep you guys informed, hope it's legit, just slow (sometimes)

>> No.30236317

>>30235995
Yeah, but I'd recommend xchange forsure. I've panicked too no worrries

>> No.30237012
File: 1.27 MB, 1280x959, Kamina.png [View same] [iqdb] [saucenao] [google]
30237012

>>30236317
I left my computer to play with my cat for a bit, and it was confirmed when I came back. Cheers!

>> No.30237072

>>30233419
btc should get a D for privacy

>> No.30237156

>>30237072
BTC privacy is arguably worse than credit cards.

>> No.30237262

>>30228588
Unironically.
Install Gentoo.
It has the donate option disabled by default.

>> No.30237393

How accurate is this?

https://www.youtube.com/watch?v=1PTbqJOayAw

>> No.30237399
File: 80 KB, 828x662, 5512236671.jpg [View same] [iqdb] [saucenao] [google]
30237399

>xmr

>> No.30237945

>>30237156
Maybe it's because while BTC exchanges are public, they are only tied to a real person if you make it so, while on credit cards this usually enforced.

>> No.30238401

>>30234599
>until we had an industrial process where aluminum was the waste product.
Isn’t modern aluminum refining still energy-intensive, hence why aluminum recycling is the only recycling that actually makes financial sense?

>> No.30238495

>>30234599
On the reals?
Time to exchange silver for XMR?

>> No.30238683

>>30238401
>Isn’t modern aluminum refining still energy-intensive
Yep, he's full of shit. It's an energy pig but used to be crazy expensive before that process was perfected because the energy required was even higher and we didn't have electrical power.

>> No.30238892

>>30238401
Yeah recycling of aluminum is cheaper than new production which makes it profitable. Silver however while normally profitable to recycle is starting to stop being profitable to recycle because most new silver is literally industrial and chemical waste that is just dumped on the market. So recycled silver can't compete with firms dumping silver effectively at a loss since it's just waste to them.

>>30238495
It depends on what you think. Do you think EVs and Solar panels will be produced in higher quantities in the coming years than now? Then sell your silver. If you think EVs and solar panels are a meme and it will all go bankrupt and we will all go back to coal and combustion engines then holding silver makes sense. Personally I think the ramped up production will drop silver prices like a brick in coming years.

>> No.30239200

>>30234599
The price of silver is low because of shorts in the paper market. Silver has actually performed better than gold recently and is getting closer to its historical ratio.
Silver is extremely useful for solar panels and electric vehicles, so it makes no sense that the price would go down if there is more demand for silver, like your answer states.
>Potentially even replacing copper in some wiring.
what?
>>30238892
>you think EVs and solar panels are a meme and it will all go bankrupt and we will all go back to coal and combustion engines then holding silver makes sense.
are you trolling or just retarded...I can't tell.

>> No.30239474

I've been out of the Crypto space since the Mt. Gox days (got into BTC when there was an article on /. about someone someone solving the double spend problem). This project sounds closer to what I imagined BTC being when I first heard of it, rather than just the speculative asset it became. Pretty exciting desu.
I assume the OP is up to date as far as places to purchase with Fiat? I'm currently downloading the full 'chain via the CLI, plan on purchasing within a day or two once I decide which service to use.

>> No.30239607

>>30239200
Mining of nickel and rare earth metals produce a lot of silver as a side-product. More than the demand of silver globally which has caused the price of silver to go down in respect to gold (although gold is doing badly this year). Batteries in EVs and solar panel installations require more nickel and rare earth metals which means more waste silver production as well. That is the correlation.

on /pmg/ you see uninformed posts like "silver mines closing" "peak silver 2025" while not realizing the cause for that in the first place. Silver mines can't compete with the waste production of silver that is being sold cheaply. They also aren't prospecting new silver deposits because prospecting firms know silver won't be profitable to mine any time soon. So on paper it seems like no new silver is being discovered and mine production is going down making it seem like peak silver. In reality nobody is just mining silver because it isn't profitable as new silver is being dumped on the market by nickel and rare earth metal miner/refiners.

>> No.30239793

>>30239474
Yeah it's the true bitcoin like originally intended. Also watch the youtube video in the OP so you get a better explanation of Monero.

>> No.30239822
File: 63 KB, 828x950, edit_xmr-chan2.png [View same] [iqdb] [saucenao] [google]
30239822

>>30100859
>>30208203
Enjoyee

>> No.30240167

ITT latecoiners hoping to replicate bitcoin's success

it's never gonna happen buddy

>> No.30240171

>>30239607
Silver demand is growing you retard. 75% of its yearly output is industrial or photography, the the former is growing because of the obvious shift towards solar and electric.
The price of silver is low because of shorts, and this demand will break through these shorts at a certain point and the value will skyrocket.

>> No.30240174
File: 58 KB, 287x344, 1429077681843.gif [View same] [iqdb] [saucenao] [google]
30240174

>>30239822
very well done

>> No.30240239

>>30238892
Well kind of a meme I guess, since more EVs will increase the demand on the powergrids and therefore an increased demand on planable power production i.e nuclear and hydro. Where one is hated/feared and the other one is at pretty much full capacity already.
Really difficult to predict these things anon.

>> No.30240267
File: 1.53 MB, 1150x4384, monero-is-the-future.png [View same] [iqdb] [saucenao] [google]
30240267

>>30240167
>ITT latecoiners hoping to replicate bitcoin's success

It's already happening, buddy.

>> No.30240535

>>30240267
see you back at 20000 sats

>> No.30240584

>>30240167
To the contrary I'm a oldtime bitcoin holder disillusioned with the direction bitcoin is going which has gone completely away from its cyperpunk roots and coopted into a system that we tried to break away from after the 2008 financial crisis. All the original bitcoin enthusiasts I know are starting to look at Monero and at least hedging our bets a little. I'm still 90% in BTC but planning to slowly move over more and more of my wealth into Monero as I start seeing it as the only hope for the original bitcoin vision.

>> No.30240636
File: 52 KB, 512x323, 1613499318159.jpg [View same] [iqdb] [saucenao] [google]
30240636

>>30231963
Based

>> No.30240739

>>30240167
I don't expect to see XMR jump to the moon, I simply use it because I feel it's the natural progression in what crypto should be, more accurately fitting the original vision of a decentralized currency
I'm fine with never seeing 50k XMR, where it's at now is perfectly reasonable and also makes it a much more effective currency with it being more affordable

>> No.30240775

>>30223614
You're confusing two completely different kinds of privacy.
Monero provides transaction privacy.
Tor/I2P provides network privacy.
You should do both and run Monero through Tor.

>> No.30240809
File: 231 KB, 777x945, 4566852.png [View same] [iqdb] [saucenao] [google]
30240809

>>30240535
>see you back at 20000 sats

>> No.30241009

>>30222381
picrel

>> No.30241072
File: 459 KB, 1194x1910, EdTqpRkXkAAxLyd.png [View same] [iqdb] [saucenao] [google]
30241072

>>30228693

>> No.30241170

>>30239822
Xmr Chan looks pretty thicc here

>> No.30241230

>>30229055
I agree. I think the fact that growth is being driven by the dark net is a bit of a double edge sword. I’m hoping it attracts some attention and then gains more traction with legitimate businesses.

>> No.30241239

>>30228134
same, I onboard fiat to ethereum on coinmetro during market stability (very low volume) then transfer to kraken to acquire other coins and trade at a high volume market

>> No.30241418

>>30240535
You're the exact type of person that caused bitcoin to be ruined. Your argument for why bitcoin is better is literally its speculative price action. I don't even know why you bother posting if you only care about that in the first place.

That greed has led to bitcoin never allowing hardforks because the community can't reach consensus. Fuck you and everything you stand for. We as actual rich people should care LESS about the price action, not more. Meanwhile these Monero posters have more substance and actual ideology with them not caring about price action even when they haven't made it yet. Says a lot about the strength of the community and while I believe they can fulfill the original promise of bitcoin.

>> No.30241568

>>30239822
Thank you based anon.

>> No.30241630

>>30240167
I worry i am falling into this trap a little bit. However, I’ve been into Bitcoin for a long time, but I do regret not buying much earlier. Still I did make money off it. I just viewed it as a currency and wasn’t thinking about investment in it. I also was a poor student focusing on school. I don’t need the price to match bitcoins, I just want it to be used as a p2p digital cash. Because the government is evil and people deserve privacy and freedom

>> No.30242111

>>30239822
based

>> No.30242858

>Binance margins

>Liquidation price of 206.28

>Price hits 206.3 and hovers

I don't like this

>> No.30243135 [DELETED] 

DOOMPA
*BANG BANG*
DOOMPA
*BANG BANG*
DOOMPA
*BANG BANG*

>> No.30243259
File: 86 KB, 1600x996, D5A5BA33-5C79-4B94-B64D-8E21F23C1D57.jpg [View same] [iqdb] [saucenao] [google]
30243259

DOOMPA
*BANG BANG*
DOOMPA
*BANG BANG*
DOOMPA
*BANG BANG*

>> No.30243371
File: 1.11 MB, 1427x2300, monerochan2.png [View same] [iqdb] [saucenao] [google]
30243371

>>30240267
>bitcoin's success
If you mean the ideas from "Bitcoin: A Peer-to-Peer Electronic Cash System," I agree that we will look back on them as an overwhelming success. The same is not true regarding the Bitcoin protocol. BTC will be worthless in this decade following Chinese mining censorship, a Chinese 51% attack, non-scalability, non-fungibility, inevitable taxation, and regulation. You will be scrutinized for where your coins have been. You might not be able to spend them at all. It will reach $100k or $1M in 2021 dollars before it crashes. Buy the dip now, but get into XMR while you still can.

>> No.30243436
File: 113 KB, 928x681, monero-crab.jpg [View same] [iqdb] [saucenao] [google]
30243436

so glad we keep crabbin and I've been able to accumulate without stress

>>30239822
so based. thank you

>> No.30243541

>>30243436
Lucky you, I went long and just dipped the liquidation point.

Seriously, by the skin of the nose. Down $1k USD.

Not bad since I started with $500. Going long again because I'm a retard.

>> No.30243605

I originally bought bitcoin at 48k, but had to wait 7 days for coinbase to do its shit....
should I transfer it to monero now at a $40 loss, or wait until it/if bounces back to 50k?

>> No.30243681

>>30243605
Put it all on a Binance margin buy. ALL of it.

>> No.30244199
File: 125 KB, 1305x1265, 1614886474261.jpg [View same] [iqdb] [saucenao] [google]
30244199

>>30240167

I don't wanna repeat the same mistake twice. I knew bitcoin as far as 2015 and didn't buy it. Same narrative as monero back then. Monero roughly priced in the same value as back then. I don't care if it will gonna go to zero. I repeat I will not make the same mistake again

>> No.30244644
File: 140 KB, 420x420, monero1.png [View same] [iqdb] [saucenao] [google]
30244644

>>30244199
Same here. I remember when the only way I could buy BTC was to go to a Western Union and send a money order. Of course I spent it all on LSD and MDMA. Never thought to sit on any of it.

Not making that mistake with Monero.

>> No.30244993

>>30239822
Cute

>> No.30245080

can someone explain the benefit of monero, when I can just buy an overinflated NFT>gets devalued>sell and claim the loss against my tax?

>> No.30245181

>>30245080
It's a long term hold. Stop doing so much coke.

>> No.30245708
File: 506 KB, 155x201, 1612736052609.gif [View same] [iqdb] [saucenao] [google]
30245708

>>30240584
I think BTC and XMR are complimentary to each other. BTC can be the Digital Gold that sucks up the worlds assets like a black hole, and XMR can be our darknetbux. They're already working on a way to anonymously swap BTC-XMR, so that will only strengthen the relationship between the communities. I don't see a reason why we can't have the best of both worlds.

>> No.30245936
File: 3.17 MB, 3035x4299, monerochan_w_btcchan.jpg [View same] [iqdb] [saucenao] [google]
30245936

>>30245708
I don't see why XMR can't be both. Why would anyone want everyone they transact with to know how much "Digital Gold" they have?

>> No.30246004

>>30245936
It's the price we pay for not being the first ones.
I agree with XMR being better in every single way.

>> No.30246112

>>30245708
People used gold then put it in safes and exchanged the paper proof that they could redeem their gold as money instead. Eventually people just didn't bother to redeem it into gold at all.

That is what is going to happen with BTC if BTC is purely a store of value and Monero is going to be the actual medium of exchange. Especially as it's better in every other way. Eventually why bother going from BTC->XMR and XMR->BTC at all and not just use XMR as the store of value in and of itself?

>> No.30246206

>>30239822
hey nice bro.

>> No.30246255

>>30246112
I think you have a point.
At least gold had/has the intrinsic value of being shiny and having technical uses.

>> No.30246321
File: 248 KB, 898x1070, coinjoin-sucks.png [View same] [iqdb] [saucenao] [google]
30246321

>>30246004
>It's the price we pay for not being the first ones.

Inferior tech doesn't stick around, it gets weeded out. Bitcoin can coast on "muh first-mover advantage" for only so long.

>> No.30246329

>>30245936
that is one of the most awkwardly drawn vaginas i have ever seen

>> No.30246447

>>30228822
kek

>> No.30246472

>>30246321
>Inferior tech doesn't stick around, it gets weeded out.
I really wish this was the case. Otherwise, we wouldn't have to maintain legacy systems written in COBOL or FORTRAN.
>Bitcoin can coast on "muh first-mover advantage" for only so long.
Let's hope so. Not interested in a coin war, but I don't think everyone's wealth should be public. So I naturally prefer Monero.

>> No.30246593

Governments will make it illegal with hard prison time to own... Everyone knows this... This isn't even the most legit fud for this coin... The greatest monero FUD is the idea of defi taking the place of privacy tokens. The way it works is like this, you pay X amount of BTC into a smart contract which generates a NFT that can be redeemed for that BTC. Basically when you turn in the NFT the smart contract will go and source the BTC from many different yield farms and create a new btc wallet that has no KYC.

>> No.30246597

>>30246329
it's a front hole, grandpa

>> No.30246627
File: 101 KB, 1008x530, xmrig_NSXRwBo43Q.png [View same] [iqdb] [saucenao] [google]
30246627

why did XMRig randomly start rejecting my shares?

>> No.30246787

>>30246627
try changing miner difficulty through pool port

>> No.30247001

>>30223003
>you become a MoneroChad

>> No.30247203
File: 195 KB, 795x385, BEB61D98-E215-4BF9-B5DD-EE6795A43671.png [View same] [iqdb] [saucenao] [google]
30247203

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.30247284

>>30247203
wrong thread, friend

>> No.30247643
File: 54 KB, 1040x693, caterham-seven-160-11a.jpg [View same] [iqdb] [saucenao] [google]
30247643

quick post your /madeit/ car when monero marses

>> No.30247776
File: 722 KB, 3000x2100, venge.jpg [View same] [iqdb] [saucenao] [google]
30247776

>>30247643

>> No.30247815

>>30225909
Great analogy fellow monerobro

>> No.30247841

>>30246627
Hello i5 friend. hope it goes well and you get that fixed

>> No.30247865
File: 207 KB, 1920x1297, nissan 240z.jpg [View same] [iqdb] [saucenao] [google]
30247865

>>30247643

>> No.30247879
File: 115 KB, 1200x900, 1614390938173.jpg [View same] [iqdb] [saucenao] [google]
30247879

>>30247643

>> No.30247924
File: 994 KB, 3549x2000, 1972_Nissan_240ZG_at_RM_Sothebys_Monterey_2018.jpg [View same] [iqdb] [saucenao] [google]
30247924

>>30247865
very good taste anon

>> No.30247932

>>30247776
reasons:
>no registration
>no license
>no property t*xes
>cop cars cant fit down cyberpunk alley ways

>> No.30248052
File: 2.39 MB, 3840x2160, oldsmobile.jpg [View same] [iqdb] [saucenao] [google]
30248052

>>30247643
family car with twin turbos

>> No.30248299
File: 347 KB, 447x638, XMR-not-a-moon-mission1.png [View same] [iqdb] [saucenao] [google]
30248299

How do I disable pruning? I got a new hard-drive, so I want to run a full-node. Using the CLI here.

>> No.30248380
File: 32 KB, 553x553, BUY-HIGH-SELL-LOW.jpg [View same] [iqdb] [saucenao] [google]
30248380

>>30247203
lmao

>> No.30248497
File: 314 KB, 1280x1662, XMR540k.jpg [View same] [iqdb] [saucenao] [google]
30248497

>>30247643
1936 Mercedes-Benz 540K Special Roadster with XMR mods

>> No.30248689

>>30248299
I don’t believe you can do this with an already pruned blockchain. You will have to resync from the beginning.

>> No.30248993

So if I can really mine monero If I buy a raspberry pi? How well does it do?

>> No.30249054
File: 44 KB, 360x360, 1611042203479.gif [View same] [iqdb] [saucenao] [google]
30249054

>>30247643
A FUCKING TANK

>> No.30249130

>>30248993
You "can" but it's not worth it. The best kit you can get to mine Monero nowadays is a 5600X + cheap A520 motherboard + 2x8GB Ballistix LT 3000CL15/2x8GB Samsung B-Die 3200CL14 kit.
It'll be very a fast kit and the CPU will pay for itself in around a year.

>> No.30249164

>>30222381
BTC Holder here. What is the estimate return for a long hold of 5 years my fellow monero friends? I find the privacy aspect of monero endearing in a world of constant governmental overreach, and I am considering buying into it.

>> No.30249269
File: 75 KB, 800x450, weiner mobile laguna.jpg [View same] [iqdb] [saucenao] [google]
30249269

>>30247643

>> No.30249463

>>30249164
Hello fellow BTC Maxi Chad. I was in your shoes late last year and converted 50% of my BTC stack to XMR and am feeling quite cozy.

The real question is not how much will XMR be worth in 5 years... the real question is what will the BTC/XMR ratio be in 5 years... If you look at a full monero chart (these aren't easy to find), you'll notice that we're at all time lows vs BTC price. This is prime time to convert some of your stack... I'd recommend 10-50% depending on how large your penis is. Start doing some reading- XMR is the best hedge we have against something disastrous happening to BTC from a code and cryptography perspective. Beyond that- talk to any normie and ask them how they feel about having their entire bank account visible like one of those transparent backpacks. Explain that there is actually a different coin besides BTC that hides their stack size as well as their transactions and ask them which coin they would prefer.

>> No.30249708

>>30249130
i like how old processors still are relevant

>> No.30249767

>>30249164
Imagine the market cap of all criminal organizations in the world. Now divide that by 18 million

>> No.30249825

>>30249130
Hey thanks a lot for the info man, I am relatively new but have been interested in Monero for a while, should I buy a few monero or would it be worth to go all in on this rig?

>> No.30249891

>>30246627
It looks like it swapped algos, try increasing the port your using, you can find a list in the FAQ on moneroocean, bottom right of the page under 'Help'

>> No.30250120

is monero mining more cpu or gpu intensive? Say I have 3 spare gpus lying around, a gtx 260, gtx 660 ti, and gtx 1060 (6GB), how much profit could I make?

>> No.30250186

>>30250120
You're better off mining ETH and selling for XMR.

>> No.30250197

>>30250120
CPU but you can use GPUs on moneroocean and get pretty good returns for them

>> No.30250217

>>30250120
you can mine ethash and get paid in XMR using moneroocean with the GPU's. It's very lucrative.

>> No.30250426

>>30249767
That is extremely high anon. It would put monero at 500K USD per coin according to my rather conservative estimates. >>30249463
I see. So it's just a safe haven rather than actual coin with booming potential? Or do you mean that it's safe as in it's capabilities to reach parity to BTC?

>> No.30250429

>>30250186
>>30250197
>>30250217
thanks for the reply anons

>> No.30250434

>>30249164
Monero will be a long term rise. It has actual use cases and over the next five years you will see further adoption in niche areas. I think five years from now we can be at current Bitcoin prices, but, we could also only be at $1000. And while obviously many of us would prefer the higher valued of those two scenarios, we would also prefer a project focused on pure digital cash instead of a scam pump and dump tire fire.
>>30248993
lol no. You would get a terrible hash rate.
You could run a node with a Pi however, or with pretty much any computer. This is easy to do and you help run the network.

>> No.30250531
File: 138 KB, 1054x1017, yamcha blanco.jpg [View same] [iqdb] [saucenao] [google]
30250531

>>30249825
It is a good buy if you intend to use the computer for other purposes, as keep the CPU mining when you're afk.
Please be aware it'll take ~1 year for the CPU to pay itself, maybe more depending on where you live and how much XMR will be worth at that point.
That being said, the 5600X is a fantastic CPU.
Forget Intel CPUs, some of them have pretty great pricing for machines built exclusively for gaming, but they suck at mining.
TLDR: wanna actually use the CPU? buy the rig, otherwise you could try diversifying
note: do not take any financial advice from me, my thing is computers/overclocking, I bet there are more aknowledgeable anons to give you suggestions on what to do with your money

>> No.30250573

>>30250426
>That is extremely high anon. It would put monero at 500K USD per coin according to my rather conservative estimates.
Right, so assume they move a quarter of their cash to monero instead of all of it, that's $125k per coin. Or even just 10%, that's still $50k per coin. Plan your make it / break it / suicide thresholds accordingly.

>> No.30250589

>>30250120
Use the GTX 1060 to mine ETH, the rest aren't really useful for mining I think, would keep them around in case you need them.
You could use them if you bought the 5600X (it has no integrated GPU).
>>30250186
this
>>30250217
Oh cool, how does it compare to mining ETH in, let's say, Ethermine?

>> No.30250780

>>30250573
What's the current #makeit size?

>> No.30250798

>>30250426
well there you go. The black market doesn't have a reason to pull out of xmr, ever dude. tx costs will always be fine, always private. NO reason to use anything else bro. This idea has just now caught on in the american cartels. There will be an entire economy built on monero dude. Crypto will replace fiat completely, and monero secured the first seat for privacy. Start thinking about prices in piconero bro

>> No.30250839

>>30250798
>piconero
>piconegro
>niglets

>> No.30250860

>>30222381
Anyone here use tradeogre?
I really like it.

>> No.30250928

>>30250780
accumulate as much as possible. ask your boss to pay you in XMR, spread the word. I literally pay my rent in XMR cause i whitepilled my landlord and he saves a shitton of money in taxes

>> No.30250939

>>30249130
On https://monerobenchmarks.info/ it gives only 7kH/s for the 5600X. Is that accurate in your experience?

>> No.30251005

>>30249130
And followup, what HDD/SSD would you need?
When you mine, do you need to run a full node?

>> No.30251042

>>30250798
>The black market doesn't have a reason to pull out of xmr, ever dude. tx costs will always be fine, always private. NO reason to use anything else bro.
Probably... but grin is really damn cool too. And with a market cap of only like 20 millionish.

>> No.30251115

>>30251042
First mover advantage. They're ALREADY starting to use XMR.

>> No.30251127

>>30231897
has anyone just added memory if so what kind of hash rate improvement did you get? I'm getting 5500 right now with 32GB, if I upped to 128GB would it stay the same? Go up 10%? Go up 30%? Any experienced anons?

>> No.30251138

>>30250589
>You could use them if you bought the 5600X (it has no integrated GPU).
So you're saying I need the 5600X to run all those gpus? A quick google search shows that processor ranges from 300 to 400 dollars. Would that even be worth the investment to get all those gpus I mentioned earlier up and running together? I know they're old, just spare parts I have from my pc gaming days.

>> No.30251183

>>30251138
>So you're saying I need the 5600X to run all those gpus?
Holy shit no, just that it doesn't have an iGPU so you'll need at least one graphics card unless you have a board with serial console and use Linux.

>> No.30251400

>>30247643
Whatever car my salaried taxi driver owns.

>> No.30251507
File: 1.12 MB, 3072x2048, main-battle-tank-T-72.jpg [View same] [iqdb] [saucenao] [google]
30251507

>>30247643
With a Monero paint job, and I will put lewds of Monero-chan on there if trips on this post and I make it.

>> No.30251590

>>30251115
Oh yea dont get me wrong I'm heavy into XMR.
Grins just really cool and really cheap.
I thought what the hell i'll take a little risk.

>> No.30251597

>>30251183
>use Linux
and why is that? I'm a new fag to this stuff, excuse me if these are retared questions.

>> No.30251685

>>30251597
Because, you giant fucking retard, without a graphics card, that CPU doesn't put a signal out to monitors. If you use a board with a serial console Linux can use that as a system console, but most PC motherboards don't offer that.
>>>/g/pcbg
Lurk moar, ask questions over there.

>> No.30251692
File: 437 KB, 465x544, rudd.png [View same] [iqdb] [saucenao] [google]
30251692

>>30251597
proprietary software is the devil when it comes to privacy, and privacy is the whole point of owning monero.

>> No.30251750

>>30251685
Easy fix, install on another machine and preset SSHD to be on at boot
Then just SSH into it

>> No.30251821

>>30246321
Christ, is this real? Is there going to be a trend to mixed coins being banned from exchanges?

If that's the case, then BTC holders are going to have to start factoring gigantic tax haircuts into their calculations... And drug dealers are just shit out of luck, but if I wanted good boy coins I'd just get a job.

>> No.30251882
File: 12 KB, 255x252, red_eyes_grinning.jpg [View same] [iqdb] [saucenao] [google]
30251882

>>30251692
You know what would be the killer app to end all killer apps for monero?
Fully self contained applications specific wallet hardware.
With its own encrypted 3g connection to transaction broadcasting.
All open source hardware and software.
No binary blobs.
No wifi connectivity.
No ports other than a barrel connector for power recharge.

>> No.30251895

>>30251821
>Christ, is this real? Is there going to be a trend to mixed coins being banned from exchanges?
of course there is, and it will only get worse from there... you DID get your bitcoin from a miner that uses green energy, didn't you anon?. bitcoin is not fungible.

>> No.30251953
File: 1.94 MB, 1920x1080, hhaha.png [View same] [iqdb] [saucenao] [google]
30251953

>>30251882
unironically based

>> No.30252215
File: 61 KB, 905x610, 1550095528949.jpg [View same] [iqdb] [saucenao] [google]
30252215

>>30250839
>mfw the IRS is scratching their head trying to figure out how many niglets I own

>> No.30252222
File: 48 KB, 548x618, 0ef.jpg [View same] [iqdb] [saucenao] [google]
30252222

>got into crypto in January
>was a green number-chasing swingie
>got into ADA at 50 cents, panic-sold 3 weeks ago right before the big rebound pump
>spent the next few weeks agonizing over all those lost potential gainz
>find Monero, actually do some research, love everything about it
>go all-in 2 days ago, start mining
>mfw riding this dump with 0 fucks given
Is this what it feels like to be a born-again Christian

>> No.30252298

>>30252222
Check'd
Digits confirm XMR is best long term investment

>> No.30252311
File: 554 KB, 574x561, 1614513314758.png [View same] [iqdb] [saucenao] [google]
30252311

>>30252222
checked for ultimate comfort

>> No.30252329

>>30252222
are you me?
also checked

>> No.30252475

>>30222381
It seems monero is dumping a bit friends. What are your expectations after March 20th?

>> No.30252479

when our monero stacks are worth 8 figures in today's usd, what do you think the tax situation will be like for crypto? Ideally we can just buy stuff with it but I'm suspecting will we want to convert some to fiat, but with that comes the migraine of paperwork and rape of taxes. probably a silly problem to optimize for right now but i feel unprepared if i don't have any sort of plan.

>> No.30252497
File: 187 KB, 640x860, mutual-destruction.jpg [View same] [iqdb] [saucenao] [google]
30252497

>>30223558
i heard chainlink also solved mass starvation because smart oracle feeds can use decentralized consensus to equalize food volume distribution channels at major factories. think about it. over in subsaharan africa they'll be able to vote on a decentralized oracle where surplus goods are best needed. wow amazing.

>> No.30252521
File: 431 KB, 415x421, moneroworld.png [View same] [iqdb] [saucenao] [google]
30252521

>>30252222
Digits of truth

>> No.30252619
File: 226 KB, 620x670, tyrone laughing for almost 20 years.png [View same] [iqdb] [saucenao] [google]
30252619

>>30252215
sheeeeeeit

>> No.30252754

>>30251882
Anything connected to a cellular network is pozzed by definition. You'd want something like one of these hooked up to a Starlink router.

https://pcengines.ch/apu2.htm

>> No.30252865

>>30252479
You could always buy chattels with XMR and sell them for cash.

Or possibly for access to a prepaid debit card. I've heard about this but here in Poorope you need to link debit cards to your personal ID, so I don't know how buying an anonymous debit card works.

>> No.30252875
File: 5 KB, 128x128, 1613622927080.jpg [View same] [iqdb] [saucenao] [google]
30252875

>>30240167
>Latecoiner!
>monero created 2014
mfw

>> No.30252877

>>30252222
Quads of comfort

>> No.30253147
File: 423 KB, 760x1270, monerochan18SFW.png [View same] [iqdb] [saucenao] [google]
30253147

>>30252222
Checking quads before thread is archived.
WAGMI

>> No.30253254

if we dont have a resident drawfag we should commission some destitute artist used to drawing furshit draw some monerochan for us

>> No.30253260
File: 129 KB, 991x695, 7C764281-FA58-4E21-9DBD-89323BCAF255.jpg [View same] [iqdb] [saucenao] [google]
30253260

Kraken added ACH today

>> No.30253440
File: 2 KB, 101x125, 1613102711315s.jpg [View same] [iqdb] [saucenao] [google]
30253440

>>30246593
that makes absolutely no sense. all the bitcoin sourced from has a history of linkable txo's associated w a taint score. i award you no points and may god have mercy on your soul.

>> No.30253531

>>30253254
Agreed. Maybe post their Monero address here so we can contribute.

>> No.30253561

>>30252222
Get saved
google "how to be saved ifbc"

>> No.30253582

>>30228148
>>30247643
already ahead of you

>> No.30253591

>>30253531
were gonna get a shitton of scammers that way
hmmm

>> No.30253617

>>30246593
Your head is so far up your ass that I’m surprised you were even able to write this post

>> No.30253666
File: 304 KB, 1242x1518, 6C01ED6F-FF3E-4501-AB85-5B617D3D7F38.jpg [View same] [iqdb] [saucenao] [google]
30253666

>>30247643

>> No.30253772

>>30253666
incredibly based, checked, and absolutely devilish

>> No.30253794

>>30253666
This is fucking amazing holy shit. I've got to buy one when Im comfy

>> No.30253876

>>30253666
If this coin goes to a million a pop I'm absolutely buying a place in Australia just to drive one of those.

>> No.30253902

>>30253591
Maybe a watermark on a half-completed image?

>> No.30253977

>>30253254
>>30239822 (You)
>>29049417 (Dead)
I'm a drawfag, working on the cleavage/butt, ntr & medieval requests from 2021-02-18
fix'd

>> No.30253999
File: 217 KB, 1600x1066, 1969-holden-ht-monaro-gts-350-coupe (1).jpg [View same] [iqdb] [saucenao] [google]
30253999

BEHOLD
The 1969 Holden HT Monaro GTS 350

>> No.30254011
File: 630 KB, 1557x1200, 1614900656685.jpg [View same] [iqdb] [saucenao] [google]
30254011

>>30252497
>load / adadeprograming.exe

>> No.30254051

>>30253999
Based and checked

>> No.30254055

>>30249130
zen 3 has no significant hashrate uplift compared to zen 2. 3900x is the cheapest dollar-per-core processor in the zen2 and beyond family. samsung b die is notoriously overpriced, you can buy the cheapest micron rev. E and acheive those same clocks manually.

>> No.30254091

>>30253977
bless
maybe put a wallet qr code on the very first time you post an OC and us monero chads will throw a little coin your way

>> No.30254527

int stu here, no stimulus check, no social, no nothing.