XMR/ Monero General

Question

XMR/ Monero General

Welcome to the /XMR/ Monero General, dedicated to the discussion of the world's most widely adopted privacy coin.

Monero payments are anonymous, low-fee by design and fully fungible, meaning users can send XMR globally without issue and receive XMR without having to worry about tainted coins. Battle-tested privacy tech (Ring Signatures, Stealth Addresses and RingCT) ensures that critical TX data cannot be gleaned from the Monero blockchain. Thus by default, the TX history of all Monero users is kept hidden from the prying eyes of adversaries, with TXs being optionally transparent via the aid of a view key.

Monero algorithmically ensures low TX fees by employing a dynamic (elastic) block size that can "stretch" to easily accommodate sudden TX spikes.

Monero's bespoke mining algorithm, RandomX, is optimized for devices using general-purpose CPUs e.g. desktops, laptops, smartphones, tablets, keeping the barrier to entry low and ASICs out of the equation.

Monero's tail emission - 0.6 XMR every block forever - financially incentives for-profit miners to keep mining, helping boost long-term network security. This constant linear inflation asymptotically trends to zero and is offset somewhat by a steady rate of coin loss.

Monero has thus far proven to be the only altcoin capable of overcoming BTC's network effect by driving it out of the darknet economy BTC dominated for over 10 years. Monero is now also starting to overtake BTC in clearnet commerce as well. See below.

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 Resources: libereco.xyz/resources/

XMR Stats: moneroj.net

USE XMR: cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO BUY XMR: i.imgur.com/XdppsQ7.png
Crypto ATMs: see kycnot.me

MINING

archive.is/TWOah

HOW TO STORE MONERO?

Desktop

Official GUI/CLI
Featherwallet

Mobile

IOS: Cakewallet
Android: Monerujo

PREVIOUS THREAD:

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

*****/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

Never forget what this is ultimately all about. Don't be a HODLtard.

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

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

monerica.com/
xmrbazaar.com/
reddit.com/r/moneromarket/new/
kycnot.me/?t=service&q=&xmr=on

Shop on Amazon with XMR!

monezon.com
peershop.app

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

cakepay.com/

or with CoinCards

coincards.com/

Monero stickers for guerilla marketing

monerosupplies.com/

Anonymous burner phone numbers

silent.link/

Monero-only VPS hosting

kyun.host/

Win XMR!

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: pastebin.com/raw/fF95wTNi

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
basicswapdex.com

Want to support further development?

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

Join a Monero Workgroup and (potentially) earn XMR!!!

getmonero.org/community/workgroups/

Want more Monero-chan?

monerochan.art/

How to *safely* acquire, store and spend XMR

An optimal XMR user set-up involves 2 separate wallets: an offline cold wallet (savings account) and an online hot wallet (chequing account) for everyday spending. XMR amounts larger than a few hundred dollars worth should not be stored on a hot wallet for obvious reasons. So ideally, you'll want to direct all payments/donations to your cold wallet by default and then transfer smaller amounts over to your hot wallet as necessary.

Relying on 3rd party hardware wallets comes with certain security caveats so they are not recommended. Instead, its surprisingly easy to engineer a very robust storage solution yourself using readily available hardware: a laptop and a smartphone.

Laptop

This will be running Featherwallet and must be *permanently* disabled from ever connecting to the internet again! That means physically removing the M.2 Bluetooth/Wi-Fi card and gumming up the ethernet port with superglue.

OS should be Linux rather than Windows, preferably a Debian-based lightweight distro. Encrypting the relevant user directory with LUKS is recommended but not essential.

It must have a functional webcam.

Smartphone

This can be your primary device. It will host both your hot wallet e.g. Cake, Monerujo, etc and the NERO view-only wallet that is paired with your laptop.

To set everything up: 4rkal.com/posts/feathernero/

NOTE: if you don't have a laptop you can use another smartphone and install the ANON wallet onto it, its essentially the same thing but with somewhat weaker security guarantees. Video guide: youtube.com/watch?v=oJqYzZyqyno

In a nutshell

- you accept all (substantial) payments to your cold wallet.
- you monitor incoming payments on NERO.
- you initiate the transfer of funds from your cold wallet to hot wallet on NERO and sign the TX on your laptop via QR codes.
- you spend the funds and help grow the XMR economy.

FYI this is the most secure storage solution currently available.

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.

Is it really so hard to notice it? What are you all, larping?

Can't wait for the full chain membership proofs. Lots of goodies gonna be arriving with that protocol upgrade.

What is that latest infographic on how to buy XMR? You know, the one with funny monero anime girl pic rel

This is one of those infographics.

Why not buy it on an exchange ?

I wonder what post hoc explanation you will come up with if it bounces back up and continues the rally

downloading a 160gb (and growing) blockchain to your pc is a future of finance

you also need draconian security measures to prevent your shit from being stolen by a pirated game or a malicious pdf

There's no way this is the future of finance, but at least nobody knows when I'm purchasing that stanky dudeweed.

>downloading a 160gb (and growing) blockchain to your pc is a future of finance

Trying to FUD Monero with appeals to limited capacity is retarded given future innovations on the horizon e.g. recursive ZKP compression.

>you also need draconian security measures to prevent your shit from being stolen by a pirated game or a malicious pdf

There's an easy air-gapped wallet tutorial literally in the OP, numbnuts.

There's no way this is the future of finance

Its not, its the future of underground finance.

Reporting in

The Monero GUI wallet has never paid out anything with my mining. I have left it on for over a day before with p2pool mini, which was marketed as giving quicker payouts.
Wtf am I doing wrong? My CPU usage doesnt even increase much with p2pool so I'm worried it's not even mining.

store your seed phrase in a password manager

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

yeah nah
on the main pool you never find a share but even if you do there's a chance you'll watch it burn if the pool can't find a block for an hour
on the mini pool you get shares and then watch them burn because the pool can't find a block for 10 hours
nano pool found 4 blocks in the last 2 weeks, an absolute joke
the xvb raffle is dominated by 1 mega donor who will gladly take your donated hashrate
fuck p2pool, good idea that doesn't work

I store full BTC node. It's much bigger than XMR, but still doable. That's one of the reasons BTC is not went into full shitcoin mode yet. It is not doable with ETH though. Was doable in early days. They even call a real full node an "archive" node, and what they call a "full" node is not, in fact, a full node. Your fud is very weak, btw. If every person cannot run their own node, it is indeed not a future of finance. For monero, we can. At least for now. I'm cautious about the future use, but for now, I guess even x5-10 transactions (level of 2024 spam attack) should be fine.

I hope you don't get paid for every replay.

hay guise, is this that crypto-anarchy I keep hearing about?

If every person cannot run their own node

learn to speak english
nah line go back up

buy prepaid credit card or nar any gift card so you don’t pay taxes on the transactions

Is cake wallet truly the goated checking wallet?

oh shit are they really doing this now?

They’ve been doing it, it was down last week for some reason. My thought process is:

get Walmart gift cards

gift cards are tax free when used in store

?????

profit

If your CPU isn't working hard in task manager then you're not mining properly. It probably defaults to one thread or something so change that.

no no no no this time it's gonna be different

I've been trading a few assets, but XMR (and my old bitcoin bags) are the only thing I'm actually still hoarding and accumulating.

Here's my take: XMR isn't just used to rinse money. There's been a clear push for years to discourage holding it. Claims it won't pump, only good for transactions, fuck off moonfags etc.
Yet it's been quietly pumping for months. XMR is the king of private transactions and nothing comes close. And the best bet since BTC.

(Not a bot)
Google "rbminer". Set up XMR as payout address, use Zergpool, Moneroocean or something.
Rbminer is probably the best auto algoswitcher imo. This is what I do. It'll mine the algo most profitable and payout XMR.

Here's my take: XMR isn't just used to rinse money. There's been a clear push for years to discourage holding it. Claims it won't pump, only good for transactions, fuck off moonfags etc.

Yet it's been quietly pumping for months. XMR is the king of private transactions and nothing comes close. And the best bet since BTC.

Yes, and agreed. Accumulate, spend, grow the XMR circular economy.

Stop fucking using any kind of third party service when dealing with crypto. The same goes for instant exchanges like ChangeNOW. You will end up with frozen funds because of (((AML))) checks which is pretty much bullshittery nowadays.

Yes, and agreed. Accumulate, spend, grow the XMR circular economy.

People really need to start using crypto directly and this goes for all crypto, not just XMR. Almost everyone has been demoralized into dealing with exchanges which are worse than banks these days.

The thing is it works hard with solo mining, so I know it's at least capable of working. Just p2pool seems broken for me.

Solo makes the gpu hum and gives me an estimate of 1xmr every 400 days or so. Probably still higher than some third world incomes desu, but it's not great.

makes the gpu hum

Well that's weird because it shouldn't be using the GPU to mine at all

it's hard to actually spend with those cards though. But some people make it work apparently so idk

I have an idea for a meme but I don't want to waste time unless you guys like it.

first panel

smug basedjack: Monero? No thanks, I'm not a criminal

second panel

chad: Actually, I use Monero to stay out of trouble

third panel

smug basedjack: Whatever, pedo.

last panel

Bitcoin blockchain showing his wallet only 4 transactions away from the wallet of a known terrorist, and the smug basedjack in handcuffs

Sounds nice. You can make some image gen AI to create this.

Trying to generate the last panel now, but its taking forever. Any specific AI service you recommend?