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/biz/ - Business & Finance


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56976962 No.56976962 [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 fungible, 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 ensure that Monero's blockchain is obfuscated -- In other words, 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 user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions 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 to 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 gradually approached 0.6 XMR in June 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.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.56977226

Token is NOT needed.

>> No.56977310

>>56977226
needed for privacy

>> No.56977588

monerochan...sad?

>> No.56977590
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56977590

>> No.56977651
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56977651

>>56977590

>> No.56977798
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56977798

Frumpnerochan

>> No.56977987
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56977987

PREVIOUS THREAD: >>56943067

>> No.56977998
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56977998

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shut down/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't. It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

https://www.reddit.com/r/MoneroMining
https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

>> No.56978007
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56978007

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

>> No.56978015
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56978015

Never forget what this is ultimately all about.

https://anarkio.codeberg.page/agorism/
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/services

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Monero-only VPS hosting
https://kyun.host/

>Monero-only darknet escrow service
https://pastebin.com/raw/7DW8hSgk

>Win XMR!
https://monero.win/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Alias Market #
>Archetyp
>Asur Market
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>Drugula #
>FilthyFellas
>Gofish Market #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fknwLx6q


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED


or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me/
https://unstoppableswap.net/


>Want to support further development? Donate to the Monero General Fund or MAGIC Monero Fund
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

>> No.56978027
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56978027

>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

>> No.56978042
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56978042

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.


>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

>> No.56979039

>>56977651
> FIFTHTY

>> No.56979054

>>56976962
- Brother it's called crypto yeah, it's going to change the world, bro.
- Nation states can't control it, it can't be manipulated, it's your freedom, bro.
- it's the perfect store of value, bro, it's a hedge against inflation, trust me on this one, okay.
- Brother this is a once in a century event, maybe rarer, it's a total reform of the global economic system, it's like the real estate boom x1000, bro.
- No nation state can stop it, when the collapse comes the USA will balkanize, and people will sell their souls to get a satoshi in return, brother.
- Let me tell you about alt-coins, brother.
- It's p2p digital gold which means peer to peer, did you know it brother?
- Tokenized master books, unbreakable encryption, totally secure.
- Yes brother, there are a lot of non-digital currency uses, that's what alt-coins are about.
- Everyone needs to be monetized, don't ask me why brother, I buy them you should too!
- Everything will be tokenized bro, it's not just a database.
- When everything is tokenized everything will be monetized brother.

>> No.56980107

>>56979039
It's truly over

>> No.56980206
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56980206

>>56976962
so are we copping?

>> No.56981271

>>56977651
The only things that will ever legitimize the ownership of monero are pms or the promise of labor. Some guy in the last thread proposed 1xmr for every 2 hours of labor, I'll go as far as to say 1xmr = 2g Au = 2Hrs labor = 7toz Ag. These are things that will never go away and seem to trend up together, either due to demand or inflation.

>> No.56981284
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56981284

In related news, Tether officially glows.

>> No.56981333

What is a good gpu to buy to mine monero?

>> No.56981614

>>56980206
That shit looks retarded and gaudy. A lapel pin makes a lot more sense.
>>56981284
>Token
>On a coin that forked because of a rollback
>On a chain that moved to kike style reserve system instead of staying POW
>Just now getting it
You'll get there, eventually.
>>56981333
NVIDIA H100

>> No.56983025

What the fuck is with this board sliding?

>> No.56984755
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56984755

>> No.56986187

>>56983025
Everyone is busy buying their NVIDIA H100s.

>> No.56986536 [DELETED] 

Are you broke and have only 10 bucks to invest? Then check this guide https://pastebin.com/wAxve1Fu

>> No.56986603
File: 647 KB, 1280x955, seedsigner.png [View same] [iqdb] [saucenao] [google]
56986603

Does something like seedsigner exist for Monero? RPi Zero + display + camera for an easy multisig signing device. All current hardware wallets are shit.

>> No.56986795 [DELETED] 

Are you broke and have only 10 bucks to invest? Then check this guide https://pastebin.com/wAxve1Fu

>> No.56986992 [DELETED] 

Are you broke and have only 10 bucks to invest? Then check this guide https://pastebin.com/wAxve1Fu

>> No.56987371
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56987371

>>56976962
>bitcointalk banned all discussion of king shitcoin mixers from december 1st
>Monero still explicitly allowed
https://bitcointalk.org/index.php?topic=5476162.80
It really is just a matter of time until all maxipads kneel, isn't it?

>> No.56988234

>>56976962
haha. that's a funny monero chan. wish you degens made more funny faces like this instead of tits and ass out all the time that I can't share on the family chat

>> No.56988243

>>56988234
Have a look around fren
https://mega.nz/folder/JSYUlZrY#CxTF5PTJKcWIPt7qzduHzQ

>> No.56988691

Moonfags welcome!

>> No.56990204
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56990204

>> No.56990614
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56990614

>>56986603
>Does something like seedsigner exist for Monero? RPi Zero + display + camera for an easy multisig signing device. All current hardware wallets are shit.

https://monerotime.store/product/monerosigner

>> No.56990798
File: 161 KB, 1920x999, HowAboutNo.png [View same] [iqdb] [saucenao] [google]
56990798

>>56988691
>Moonfags welcome!

>> No.56990848

I want to make a shop that accept monero but the payment plugin is broken and the other options seem sketchy or have fees :(

https://github.com/monero-integrations/monerowp

>> No.56990986

>>56990848

Just code it yourself.

https://www.getmonero.org/resources/developer-guides/wallet-rpc.html

>> No.56991045

>>56990986
What kind of shit answer is that? Merchants sell things, they shouldn't have to waste time building infrastructure also.

>> No.56991056

>>56990614
Thanks, exactly what I was looking for

>> No.56991236

>>56990614
Ah nevermind, git repos haven't been updated in a year, 10 commits behind, seems dead in the water.

>> No.56991318
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56991318

>>56991236

lol it was literally being discussed on MoneroTalk a month ago.

https://www.youtube.com/watch?v=w7Ny5SsqMIY

>> No.56991339

>>56991318
That's good, better UI has always been a big hurdle.

>> No.56991475
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56991475

>>56988234
classy Monerochans in abundance
a plethora

>> No.56992825

>>56978027
Where is this i2p "shadow economy"?

>> No.56992885
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56992885

>>56992825

Growing alongside Tor.

>> No.56993578

>>56992885
There are two i2p markets in the list and only one has listings (i.e. the creator probably made the list).

>> No.56993595

>>56993578
*the creator of the empty market

>> No.56993903
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56993903

>>56993578

The list is designed for n00bs who default to the Tor browser. Multiple markets now have dual Tor/I2P sites, I2P readily took up the slack when Tor was getting raped by the DDoD attack.

>> No.56994172

There is so much bullshit in the internet, anyways i want to gain money as affiliate marketer, is there an agency or something that pays in monero and also an agency where i can pay for ads with monero or at least bitcoin

>> No.56994619

>>56990848
Btcpayserver has a plugin as does woocommerce

>> No.56995912
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56995912

>> No.56996283
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56996283

I have a 2nd laptop running Debian, which I'm going to run a bootable Tails drive on. Through Tails I'll be running a VPN (non-kyc) and a VPS (also non-kyc)

For security, should I buy XMR on my Windows machine and send it to a wallet I've made on my Debian machine, or is that overkill bros?

>> No.56996299

>>56996283
XMR is to buy the VPN/VPS to clarify

>> No.56996443

>>56996283
>Through Tails I'll be running a VPN (non-kyc) and a VPS (also non-kyc)
I don't think that's a good idea, since Tails makes everything run through the Tor network. You'd be basically running Tor and then your VPN provider.
https://gitlab.torproject.org/legacy/trac/-/wikis/doc/TorPlusVPN
In regards to buying XMR, look for the p2p route. Try localmonero or see if you know someone that is interested in selling you Monero directly.
Don't be paranoid, be smart.

>> No.56996655
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56996655

What kind of crypto bro are you?

>> No.56996844

>>56996443
Appreciate it. I suppose I'll do the p2p route and use Tails sans a VPN/VPS

>> No.56997433

>>56996283
As another anon said, you should not use tails with a vpn if you want to hide from the isp. Qubes would be a much better choice but is harder to learn.