/XMR/ Monero General

[Anonymous No.58329844]

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
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

[Anonymous No.58329871]

PREVIOUS THREAD: >>58227016

[Anonymous No.58329877]

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

[Anonymous No.58329892]

*****/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

[Anonymous No.58329911]

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/?t=service&q=&xmr=on

>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 bullion shop
https://monerometals.com/

>Buy on Amazon with XMR!
https://monezon.com
https://peershop.app

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


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
>Babylon #
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>DrugTown #
>Drugula #
>FilthyFellas
>Gofish Market #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fF95wTNi


>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?
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan?
https://www.monerochan.art/

[Anonymous No.58329918]

>>58329844
Where is the bulge?

[Anonymous No.58329932]

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P will thus 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.

[Anonymous No.58329942]

>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

[Anonymous No.58329950]

Where to find anime artists that accept XMR?

[Anonymous No.58329973]

>>58329844
checking for OG chad bread baker

[Anonymous No.58330091]

why doesn't monero's price follow a power law?

[Anonymous No.58330117]

>>58329973
>checking for OG chad bread baker

The Monero-only DNMs list is becoming problematic, motherfuckers keep launching new ones, just added 2 more and now I'm running out of character space.

[Anonymous No.58330122]

>>58329877
>USE A SEPARATE MINING-ONLY WALLET!
Redpill me on this. I have my mining rewards routed to my main soft wallet. Am I retarded?

[Anonymous No.58330137]

>>58329844
Checked and thank you for this high quality effortbake. Have a rare meme.

[Anonymous No.58330141]

Tranny thread.

[Anonymous No.58330149]

>>58330091
>why doesn't monero's price follow a power law?

Its a clown market, don't expect coherent price action.

[Anonymous No.58330155]

>>58330091
I have no evidence for this, but probably suppression by governments and lack of normalfag hype/speculation

[Anonymous No.58330275]

>>58329844
Could someone please put a numerical value to the ranks in picrel for me, please?

[Anonymous No.58330279]

Monero coin.

sex with monero coin

[Anonymous No.58330340]

>>58329844
whats the best place to buy gold with monero?

[Anonymous No.58330355]

>>58330340
Monerometals

[Anonymous No.58330390]

>>58330091
Because it's used as a medium of exchange rather than discount leverage on QQQ

[Anonymous No.58330676]

Kraken doesn't work in Belarus anymore? Belarusbros, what the heck?!
They have frozen my swing trading Moneros... Said I will be able to withdraw them, but they still haven't unfrozen them.

PS: Apparently Belarus was on the list of prohibited countries on their site for a while...I don't know for how long. Why didn't they just tell me beforehand? What a bunch of faggots!

[Anonymous No.58330836]

>>58330676
Surprised it even worked for this long for you guys.
t. Russiabro
CEXs are cancer that needs to be fought with nuclear fire.

[Anonymous No.58330840]

EYES ON THE PRIZE

> SERAPHIS
> JAMTIS
> FULL MEMBERSHIP PROOFS

MONERO IS THE FINAL SOLUTION TO THE TAXMAN QUESTION.

[Anonymous No.58330844]

For the Captain!

Download all the episodes (01-19) of Captain Blackbeard Radio on I2P torrents:

magnet:?xt=urn:btih:d14744b96a6eeaefbca26b9a175c00cffc5922f8&dn=Captain+Blackbeard+Radio+Ep.01-19&tr=http://tracker2.postman.i2p/announce.php

I2P Torrenting FAQ:
1) Download i2pd.website
2) Download Qbittorrent 4.6.3 (LT20 ==> LIBTORRENT 2.0 VERSION!)
3) Setup your Qbittorrent client as is shown here: https://github.com/qbittorrent/qBittorrent/issues/19794#issuecomment-1890950600
4) Sneed & feed the captain's radio Finest Sounds From The Underground!

[Anonymous No.58330865]

>p2p
>i2p
>gpg
>xmr
Neveko is the final solution to the extorting dnm glowies
https://github.com/creating2morrow/neveko

[Anonymous No.58331210]

>>58330836
hugs and kisses with Holo

[¥ VEIL PROJECT No.58331404]

>>58329950
find the anime artist you like then offer them xmr.
>>58330091
you should be glad it doesn’t or you might get priced out. they’re holding the door open for themselves, but that doesn’t mean you can’t step through it too

[Anonymous No.58333175]

>>58330676
Is it possible for a Belarusian with Polish residence permit to trade Monero on Kraken?
Afaik Poland even had some crypto ATMs with Monero, or did anything change?

[Anonymous No.58334435]

Consider yourself reminded

[Anonymous No.58334445]

>>58334435
Pic related.

[Anonymous No.58334479]

>>58334445
What is the current value of a man's hour in USD currently?

[Anonymous No.58334588]

>>58334445
According to this I should be paying the McDonalds wagies $75/hour. Lmao, in your dreams.
That or gold, silver, or monero are overvalued. Which is true.

[Anonymous No.58334793]

>>58334445
I support the idea if paying people in specie rather than fiat, but the issue is that everyone's time is worth variable amounts. I bill my time to my employer at a given rate which they then upcharge to the end customer.

[Anonymous No.58334911]

>>58334479
About 75$/Hour.
>>58334588
It ain't for burger flippers, doubles waster, its for skilled labor. I guess I could emphasize the skilled part.
>>58334793
See above. Let me put it into perspective:
$100,000/year = $1923/week = $48/hour... Assuming a 40hour work week.
For what I do, I charge more because time is valuable to those who seek my services. When I contract skilled labor, I follow my own rule and tip when done quickly. I'm sorry if you're too low on the totem pole to let that sink in.

[Anonymous No.58335206]

Discuss.

[Anonymous No.58335592]

>>58334911
>I pay my skilled contract labor...
All you had to say. On those premises I will agree that your skilled labor compensation is based.
>I'm sorry if you're too low on the totem pole to let that sink in.
You're not exactly a people person, are you? Getting frustrated at one's own failure to communicate is a sign of autism, just so you're aware.

[None !!ZrnK6IK8Nit No.58335738]

Reporting in
##################################
IRC - https://pastebin.com/kP1gZ1Hk
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

[Anonymous No.58335979]

>>58335592
Let's not get zesty, friendo. You have an employer, I am an employer. If you're as good as you say, then get rid of the middle man.