/XMR/ Monero General

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: yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: 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

PREVIOUS THREAD:

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: 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: 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: pst.klgrth.io/paste/eecbe

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

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*****/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

moneroinfodump.neocities.org

Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes

moneroinfodump.neocities.org#MoneroIsUntraceable

The Writing on the Wall: Monero replacing Bitcoin as the new standard

moneroinfodump.neocities.org#MoneroReplacingBitcoin

Breaking News: no, Monero still isn't traceable

moneroinfodump.neocities.org/#RecognizingTraceabilityFUD

Vaporware: why nobody is worried about CipherTrace's magic crystal ball

moneroinfodump.neocities.org#CipherTraceFail

Very Clever Math: how we can verify that the XMR supply isn't being inflated

moneroinfodump.neocities.org/#MuhInflationBug

Pssst, wanna buy some Monero? Follow these simple how-to guides

moneroinfodump.neocities.org#BuyAndStoreMonero

Bitcoin: The Original Non-Fungible Token

moneroinfodump.neocities.org#BitcoinBlackpill

Why Monero is Better than Zcash: the "privacy coin" criminals won't touch

moneroinfodump.neocities.org#ZcashBlackpill

The Lowdown on PirateChain: why this Zcash clone is considered a scam

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

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Never forget what this is ultimately all about.

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

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

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

Live off XMR with Cake Pay (now available in 140+ countries!)

cakepay.com/

or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)

coincards.com/

Monero stickers for guerilla marketing

monerosupplies.com/

Monero-only VPS hosting

kyun.host/

Monero-only bullion shop

monerometals.com/

Win XMR!

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 #

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: pastebin.com/raw/ivG7HN52

LocalMonero is now available on I2P

lm.i2p/nojs/

Anonymously exchange BTC for XMR using a reputable darknet service

Majestic Bank

Infinity Project

pastebin.com/raw/75mVpfED

or a reputable clearnet service

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

Want to support further development? Donate to the Monero General Fund or MAGIC Monero Fund

ccs.getmonero.org/donate/
monerofund.org/

Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!

getmonero.org/community/workgroups/

Want more Monero-chan? Donate to the Community Art Fund

monerochan.art/

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 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.

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

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

github.com/PurpleI2P/i2pd/releases/latest

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

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3D PIG DISGUSTING

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.

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

Who needs this when CJ/LN already exists?

Real women need loving too.

never heard of Kuno is that also a marketplace for monero? do they use escrow too?

Guys, check out the airdrop

goo.su/9z5gnCL

looks like it's Monero based crowdfunding for people who can't sling up a webpage on their own with QR/link for donations

is that op pic ai?

Just kidding, would coom and breed.

Is it still possible to mine MONERO witrh NVIDIA GPU?

like this anon said
I'm going to make a XMR-only blacksmithing business for any anons on moneromarket who want knives, forged nails, etc.

thread has 3 replies if it wasn't for terroristbot posting

Wow ok I will buy your illegal coin now

illegal coin

show me a place where monero is outlawed

Monero is on kucoin. Can't use kucoin in America or Canada
Monero is on kraken. Can't use kraken in America or Canada
Monero is on binance (haha oh woops)
Monero isn't on coinbased. Because Brian knows how to play the game and won't touch anything illegal

It's not illegal in name but my grandpa won't ever touch it. It's time to sell

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bad b8 m8

Buy Bitcoin anywhere and exchange it for Monero (XMR) on tradeogre.com.

It's not illegal in name but my grandpa won't ever touch it. It's time to sell

I remember a Deutsche bank exec I met in person who said the same thing about Bitcoin back in 2015. She sounded so authoritative and firm, then fast forward to 2021, she said she wished she bought some back then.

*angry terrorist keyboard sounds*

Do I have to remind you that america is the world? I thought terrorists were smart

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I'd honestly buy some xmr but I don't want to lose money.

actively advised selling to you terrorists since $160 levels

>THIS IS LE BAIT

have it your way, I'll be over here stacking ltc. Let's check the chart real quick though

this is not a man

EYES ON THE PRIZE

SERAPHIS

JAMTIS

FULL MEMBERSHIP PROOFS

MONERO IS THE FINAL SOLUTION TO THE TAXMAN QUESTION.

My brother in Christ, if you can't make money trading this, you need to stay away from crypto.

I'd like to deposit my moneros with her

Loving the FUD lately.
Globohomo hating xmr can only mean good things.
Scooping these cheapies up

fuck keynesians
stack monero

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there are people out there who didn't slurp the Binance dump

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muh insider info

0 proof or arguments
what's there to comment

why is that vagina so puffy? is that a man?

She's in heat and craves your seed.

Possible but hilariously inefficient. Just recently tried it out for shits and giggles and my (admittedly old) 1080ti got about as much as a single (intel, so suboptimal) cpu thread. For context, I can utilize 8 of those to full potential for less wattage..

The last post in your screencap says it all. Whoever created this fud is an idiot.

What do you think about Railgun?

I don't

Ok thanks. Been out of the crypto scene for a long time so idk wtf has been going on with anything at all.

One more question:
What happened on Feb. 6th when the price dropped ~$65 in one day?

And it's good to see you LebAnon. We talked a couple times on Anon Babble. Glad you're still alive. Hope your family is ok and you didn't lose any body parts to the loan sharks or general chaos over there.

XMR_02-06-24.jpg - 1101x527, 103.53K

thank you brother
yeah kikes unironically just bombed northeast beirut like 3 hours ago
this was probably a scamwick, fuck CEX