Monero (XMR) thread

Here's some Merchants that accept Monero as a form of payment:

If a business you know accepts other types of cryptos but not Monero, let that business know that there are customers who are interested in paying them with Monero and the benefit of customers not being able to see the business' crypto wallet balance (if the business isn't an evil data miner :sneaky: ).
isuit.it/

This guy takes Bitcoin, maybe he will accept Monero.
 

Handsome Creepy Eel

Owl
Gold Member
Reposted from another thread:

So I wanted to buy Monero, but since it's not so easy like buying Bitcoin, I was hoping to get some myself. I went to Monero's website and installed a program called "Monero Spelunker" for mining Monero:

1618515634006.png


I see that the hash rates I can achieve with my AMD Ryzen 5 / AMD Radeon Vega 8 laptop are quite pitiful compared to the mining numbers I see thrown around. Is there any point in mining with an ordinary household/office device like this? Does it boil down to mining just for my own amusement, with no useful results possible?

TLDR: Am I just wasting my time trying to mine Monero as an ordinary household? If I am, is there any lower-powered coin that I could be mining instead?
 

Handsome Creepy Eel

Owl
Gold Member
Thanks so much, I will give this a try. Minergate seems to burden my computer way less than MoneroSpelunker did, there's barely any lag and the H/s is much higher!

p.s. the software seems to automatically pick for me what is going to be mined, how do I set it to Monero specifically so that it's picked all the time instead of just randomly?
 

McCarthy

Sparrow
Reposted from another thread:

So I wanted to buy Monero, but since it's not so easy like buying Bitcoin, I was hoping to get some myself. I went to Monero's website and installed a program called "Monero Spelunker" for mining Monero:


I see that the hash rates I can achieve with my AMD Ryzen 5 / AMD Radeon Vega 8 laptop are quite pitiful compared to the mining numbers I see thrown around. Is there any point in mining with an ordinary household/office device like this? Does it boil down to mining just for my own amusement, with no useful results possible?

TLDR: Am I just wasting my time trying to mine Monero as an ordinary household? If I am, is there any lower-powered coin that I could be mining instead?
www.localmonero.co
 

Handsome Creepy Eel

Owl
Gold Member
Should I be concerned about this Subreddit full of people claiming that Minergate is a scam that doesn't let you actually withdraw what you mined?
 

Handsome Creepy Eel

Owl
Gold Member
I used it and managed to withdraw a small amount of monero. But who knows, I will really 100 % trust only my own node.
When was the last time you managed to withdraw from them? I also noticed that their Facebook page has been dead since 2019 and their website says that withdrawals are currently unavailable. Their Reddit page has been dead for a year too: https://www.reddit.com/r/MinerGateOfficial/ , though there's some recent activity on Twitter: https://twitter.com/MinerGate

Are there any other easy to use (no coding required) tools like Minergate, but with a better reputation / recent verifiable activity?
 
When was the last time you managed to withdraw from them? I also noticed that their Facebook page has been dead since 2019 and their website says that withdrawals are currently unavailable. Their Reddit page has been dead for a year too: https://www.reddit.com/r/MinerGateOfficial/ , though there's some recent activity on Twitter: https://twitter.com/MinerGate

Are there any other easy to use (no coding required) tools like Minergate, but with a better reputation / recent verifiable activity?

You can be a part of a mining pool and earn more for an hour of work.


For some reason the website cannot be reached via protonvpn.
I'd have to take back my words as the project seems to be dead now. I used it more than a year ago.
 

BURNΞR

Pelican
I've done a little research into Monero mining and found that getting the best ROI is to buy a RTX 3080/3090 then mine ETH but get paid in XMR, this is done via moneroocean (good luck on actually sourcing a RTX 3000 series card in this market though) . I briefly considered buying a high end CPU just to mine XMR on xmrig.com but I realized it's not very profitable. I guess it makes sense in the sense that it would completely pay off upgrading your run of the mill CPU to something like a Ryzen 3950x after a year of mining.

It sucks that price crashed down with BTC, it was just taking off too. I have a feeling that XMR is not going to take off this cycle. The crowd in crypto is really retarded and buying meme coins like DOGE. It will probably be half a decade before the crowd wises up to something like XMR.
 
I've done a little research into Monero mining and found that getting the best ROI is to buy a RTX 3080/3090 then mine ETH but get paid in XMR, this is done via moneroocean (good luck on actually sourcing a RTX 3000 series card in this market though) . I briefly considered buying a high end CPU just to mine XMR on xmrig.com but I realized it's not very profitable. I guess it makes sense in the sense that it would completely pay off upgrading your run of the mill CPU to something like a Ryzen 3950x after a year of mining.

It sucks that price crashed down with BTC, it was just taking off too. I have a feeling that XMR is not going to take off this cycle. The crowd in crypto is really retarded and buying meme coins like DOGE. It will probably be half a decade before the crowd wises up to something like XMR.
I own as much XMR as I can afford, since I know that this will be the coin of choice for practically everything that is not approved by the Government (i.e. everything). I contact every seller that accepts BitCoin, and ask them to get a Monero Wallet, while explaining the privacy and cost of transaction advantages.
 

Handsome Creepy Eel

Owl
Gold Member
I happen to have an ancient, shitty laptop with an Intel i7 CPU sitting there unused that's now been put to work mining Monero. The laptop is incredibly unsuitable for any type of work because of its terrible RAM and a classic hard drive instead of an SSD, but that CPU is a monster, it gets the hash rate 3x the my fast office laptop that was bought last summer with an average AMD Ryzen CPU.

If you're ok with the risk, look into acquiring such "shitty" laptops that would otherwise go into the bin. Mine was a gift from a friend who wanted to refurbish it, but realized it's beyond saving.
 

bucky

Ostrich
I happen to have an ancient, shitty laptop with an Intel i7 CPU sitting there unused that's now been put to work mining Monero. The laptop is incredibly unsuitable for any type of work because of its terrible RAM and a classic hard drive instead of an SSD, but that CPU is a monster, it gets the hash rate 3x the my fast office laptop that was bought last summer with an average AMD Ryzen CPU.

If you're ok with the risk, look into acquiring such "shitty" laptops that would otherwise go into the bin. Mine was a gift from a friend who wanted to refurbish it, but realized it's beyond saving.
Does it affect your electricity bill much?
 
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