How & Why to Mine Monero

[@marduc812]

I mine Monero for the community! ** sets donation to 0 **

[@vlOd_yt]

It defaults back to 1

[@steph4356]

still defaults to 1% lol, only way to disable it is via source code

[@CrittingOut]

He means to support the network hashrate

[@kaotiskhund]

@@steph4356 actually you feedback this to yourself, so you are not actually disabling it, at least my approach

[@anythingbutASIC]

The community is at Wownero.. Where there was never a mention of ASICs. (looking at you AEON)

[@hinstify]

I followed this guide and kept the mining software running overnight. I got zero XMR in the morning. I guess mental outlaw was not joking when he said that we are not doing it for money

[@windws7137]

Then it's pointless. Only privileged blackhat wannabes from 1st world countries will do that as a quirky hobby to brag about on discord servers

[@sairos4057]

lmao

[@skullteria]

he even said that you should use p2pool if you wanna get moneros, which pool did you use because for presentation purposes he choose another one.

[@danielfrolov2628]

may be your coins went to paying electricity bill of cpu xD

[@SpencerHHO]

Lol when I had 4 GPUs mining eth before the merge I'd get FA for that period of time. You need a lot of horsepower to see an appreciable amount in a small time frame.

[@fnorgen]

I do a fair amount of Monero mining on my 5900 in the winter when I need the extra heat. Here are some observations: *Overclocking is a waste of energy. Profitability is marginal enough as it is. *Huge pages is a MUST. That alone roughly doubled my hash rate without effecting power consumption. *Running on Windows I had to manually disable automatic memory compression. For some absurd reason Windows 10 really liked to randomly tank the hash rate by trying to do this. For a while I thought my system was unstable, but nope. Just Windows being windows. *I saw no meaningful gain from memory overclocking, but a very noticeable boost by tightening memory timings, and that included secondary and tertiary timings. *Last I checked, mining would have yielded roughly half a Monero per year of continuous mining. There's really no money in it, but every miner not on a major pool makes the network a little more secure.

[@igelineau]

I agree with most, but: if you need to heat your home, "overclocking is a waste of energy" is irrelevant. Your CPU is a heater. Overclocking increases the wattage of that heater. If it doesn't heat your home, your regular non-XMR-generating heater will do it.

[@johnmilner6375]

wow, could you make a video explaining what you just said ?

[@fnorgen]

@@johnmilner6375 Can't be bothered. Though I've got this little note I made when I fixed the Windows memory shenanigans: Disable-MMAgent -mc taskschd.msc: Task Cheduler library / Microsoft / Windows / MemoryDiagnostic / RunFullMemoryDiagnostic -> disabled It was a long time ago so I don't remember the details. However this made a disproportionately large difference considering how obscure this crap is. Proper memory tuning is VERY time consuming and the gains, although significant, are still modest compared to the effort. Don't bother with it unless your idea of a good time involves spending a week+ deciphering cryptic bios variable names, researching how they are connected, and endlessly comparing benchmark values to see if the latest tweak made things better or worse. Everything else is really well documented already and should be trivial to figure out with a few web searches. Well, trivial if you're tech savvy enough to be interested in monero mining. Again, there's very little money in it. The only reason to do it is to support the project.

[@wowinyou]

Runs Windows Server 2012 R2

[@johnthomas2970]

I remember mining XMR back in 2017. Made about 10 xmr and then spent it on CSGO skins. Good times….

[@supercarking5782]

You have to turn off antivirus to mine right?

[@bgtubber]

@@supercarking5782 Don't turn off anti-virus, that's a bad idea. Just put the folder/app in the exceptions list of the anti-virus and it won't scan it. Of course, always download the program from the official place and if possible check that the signatures match so it's not tampered with.

[@じゅげむ-s6b]

@@bgtubber how do you check if the signatures match?

[@KitOkunari]

​@@じゅげむ-s6b need do a checksum , there are videos on how to do it.

[@runed0s86]

@@supercarking5782 Pro tip: don't use windows. You'll get more monero on linux because windows bloat isn't using the resources

[@nwerd7584]

I had a couple old laptops that I figured out how to mine monero specifically. Its WAY easier to mine thanks to other anons. Its probably the most streamlined walkthrough for mining that I have ever seen. Its not that much but its better than the useless coins I was mining previously. Monero is one of the boys that could actually naturally exist without government subsidies, in fact the government probably wants you using the easier to track coins.

[@YerBrwnDogAteMyRabit]

This vid has me thinking of doing the same w a couple of old LT's. Is it worth it in terms of elec consumption?

[@YerBrwnDogAteMyRabit]

@@Kwiwikwem Thank you

[@loudmediaYT]

I mean, they can definitely still track it 😂

[@nwerd7584]

@@YerBrwnDogAteMyRabit for me personally its not really worth even noting. I already leave my PC and other things on most the time. so its maybe an extra 10-15 bucks a month. These lappys arent like super high end pulling tons from the wall though. Theres a lot of variables.

[@nwerd7584]

@@loudmediaYT i mean if you never trade and dont have it on an exchange or something they cant. They cant track anything in my offline vault.

[@trayambakrai]

Waiting for the bot comments for crypto scams

[@AKFGinstrumental]

same

[@HecticDezire]

I had no idea what I was doing until the expert Mrs Angela Freeman tutored me.

[@davidbird5294]

@@HecticDezire oh yeah Angela Freeman aka miss 'take-your-money-and-run'. She's hot

[@YerBrwnDogAteMyRabit]

Wait a minute..where'd my wise ass comment go? I couldn't possibly have worded it any more obviously to look like a bot wanna-be. I doubt I even had the right # of digits for my WA # since all I did was hit a buncha #'s..

[@FreemanBgTV]

Soon soon Don't worry They're coming 😅

[@max_ishere]

Another piece of advice to optimize XMRig is to ideally have a minimal setup just for mining. So drop into the tty, kill your greeter, maybe reboot beforehand (because of huge pages sometimes failing to allocate) and don't mess with the CPU settings. It likely won't increase the hashrate. I have a 4 core CPU but my cache is too small to run anything more than 2 threads. XMRig will deduce the settings for you.

[@ApofKol]

Is it profitable for you, given the energy consumption?

[@rars0n]

I can tell you right now that if you want the absolute best hash rate out of your CPU, you definitely will have to manually adjust the settings. On almost every CPU I've tried, I get a higher hash rate by setting core affinity to one thread per physical CPU core (in other words, no Hyperthreading). In order to do this, you have to set both the number of threads and the CPU core affinity (google "cpu affinity mask calculator"). By default, XMRig will just try to run as many threads as the CPU allows, and I've even seen it using 13 threads on a 12-core CPU. For maximum hash rate OR maximum efficiency, even more testing would be required to actually dial in the voltage and other settings of the CPU. You definitely don't want to run a Zen 4 CPU, for instance, at stock settings if you're trying to get maximum efficiency out of it.

[@weouthere6902]

@@ApofKol he might be able to cover the transaction fees required to convert his earnings into a shitty monkey jpg at some future date

[@animepussy8356]

@@rars0n Damn, an actually informative and useful KZbin comment. Take my updoot, sir.

[@detecta]

how much cache i wanna do it on a ryzen 1200

[@abasgames]

Btw setting the donation level to 0 will make it fallback to 1 the only way to disable it is at the source code level

[@Volian0]

wtf, that's stupid

[@abel6416]

So how can it be disabled?

[@meleody]

@@abel6416 by editing the source code

[@abel6416]

@@meleody is there a video or website tutorial on how to do that?

[@SpartanHawk]

@montboze of less than $0.001 per share. Insufferable greed.

[@systemhalodark]

"It's not about money, it's about sending a message"

[@masonhidari]

but i want the money

[@stiprus_garsas]

​@@masonhidari and to send the message

[@OMEGALucass]

can i buy food with message?

[@animepussy8356]

"It's about cooking your CPU and locking it up so you can't play vidya"

[@cant_Comment]

the xmr wont show on my wallet. i mined overnight and its still 0. i dont know what to do

[@Asin24]

I didn't expect I'd have a monero wallet by the 8 minute mark without me having to do a thing.

[@0xKrem]

Bro, same x)

[@mangodude-nq6su]

Yeah, truly an amazing video tutorial

[@ArranDickson]

This couldn't have come at a better time, researching how to do this has been on my to-do list for a while now.

[@Ultrajamz]

I imagine even with a vpn, isp/govts can tell if you are a miner or other “unusual person” based on network activity and flag you for bullshit down the road. I wish I was wrong.

[@marcogenovesi8570]

we are all on a list anyway

[@alifahran8033]

I hate the glowies

[@NeostormXLMAX]

Do everything on Chinese or Russian platforms the enemy of your enemy is temporarily your friend

[@sairamnandikanti3441]

Maybe, what if you claim you were hacked ?

[@NoAlias_]

@@sairamnandikanti3441 Well u would need to prove it, saying someone else did it with no proof if worthless

[@porky1118]

16:55 I think we should do it for money, though. It needs to be profitable so we can keep mining. The more people that are mining Monero without being profitable, the less people will be profitable, which is a lose-lose.

[@timothyblazer1749]

It won't be profitable until the central banks lose control of pricing in fiat, in general, of crypto. Right now they have 28000 methods they are using to suppress prices. That will end at some point.

[@botmert]

But monerochan

[@porky1118]

@@botmert You have a good point. I have to agree. But I'm not totally convinced yet.

[@mgh7634]

Problem is unless you're in an apartment with all utilities paid, it's just not going to be profitable. Electric bills and depreciation of hardware is going to screw you, which means at this point, the only ways to truly profit off of it is through botnets or running a miner off a web page that gets enough hits.

[@timothyblazer1749]

@@mgh7634 unless you hodl, and the price goes up. It's become a long term game now.

[@serch_1x]

I'm gonna make you proud Monero-Chan 🥺

[@teru797]

Hey if you're serious... where is the cheapest non KYC exchange that allows conversion of XMR to BTC?

[@serch_1x]

@@teru797 I like ice cream (wtf are you talking about).

[@teru797]

@@serch_1x damned.

[@josebr0]

Mining without p2pool is a disservice to the monero community. Not only it makes the network safer but it gives way more constant payouts without fees. Wish you had done this video properly.

[@hiddendrifts]

i use moneroocean's miner for its auto algo switching. is it worth dropping that for p2pool?

[@ggorg0]

@@hiddendrifts It's JUST xmrig but preconfigured

[@psyacid]

Hi man i want to start mining can i hit you up for details? Care to leave your email or tele?

[@hiddendrifts]

@@psyacid if you just want to "start" mining, you can literally just follow the instructions in the vid

[@MixedVictor]

Nah i use minernode, i also don't have storage for the entire of the blockchain🥲

[@RealCyberCrime]

I feel safe purchasing cool stuff online with monero 😎👍

[@sfsksasbs3]

cocaine

[@IridescentKySoul]

American "self defense" tools

[@Gh0_-st]

@@sfsksasbs3 that's oddly specific.

[@tdgchan]

cookies

[@masonhidari]

@@tdgchan yes , definitely that

[@IridescentKySoul]

Always Mining for Monero-Chan's cryptussy 😭

[@bettercalldelta]

that cryptussy got me acting unwise

[@jackmio]

touch a rock and get a job

[@TomerGamerTV]

💀

[@Sthrl188]

This is the worst thing i have ever read

[@RT-qd8yl]

@@Sthrl188 I felt the same way until I saw your username.

[@kiddkuru]

Holy crap lois!! They turned monero into an anime girl !

[@cyberbeep5187]

about to make an ultra cpu heavy rig to mine monero in full commitment, thank you for getting me started on a crappy hp laptop, and spurring me on to make a good rig. You a real one. Also still learning linux sooooo... I've still gotta go far lol

[@liambreuner4821]

What CPU/CPUs are you gonna get?

[@Spumoon]

The Block rewards halving is really intriguing to me. I feel ashamed to have grown up in the age of the internet and not paid closer attention to this stuff. Hindsight 20/20

[@rabbirt]

What's weird is OP's claim that halving will eventually make 0. No? It won't. You can take half infinitely and still never get to the end.

[@cant_Comment]

the xmr wont show on my wallet. i mined overnight and its still 0. im new to this. i just want to try it out and see how its like. please help! i dont know what i did wrong. did i get the instructions wrong..

[@QTwoSix]

​@@rabbirtpractically 0

[@halalman-mf8iu]

@@rabbirt he was talking about bitcoin, eventually the block subsidy is just set to zero meaning that bitcoin rewards only come from transaction fees

[@Eichro]

You should make a video on privacy implications of AI. I'm surprised nobody seems to care about that aspect.

[@marcogenovesi8570]

what privacy implications does AI have?

[@IridescentKySoul]

@@marcogenovesi8570 Ai can fingerprint you better than conventional methods

[@Haywood.Yablomee]

Quantum is probably more of a concern. IMO anyway.

[@Frank-bc8gg]

​@@marcogenovesi8570 off the top of my head I can see it being able to deananomize people through language analysis and activity time but to be honest there are easier ways to do that so I'm curious as well.

[@marcogenovesi8570]

@@IridescentKySoul yeah but the privacy implications in that case are about fingerprinting and not about AI. If AI just means "better X" the privacy implications are still the same as before.

[@WillMoon]

In todays age of crazy financial surveillance, XMR is even more relevant

[@ligametis]

Why would people care in western countries about surveillance? If you are paying taxes correctly it is worry free experience.

[@jacobhanson7995]

​@@ligametis Because western governments do very messed up things behind closed doors.

[@farenhite4329]

​​​​@@ligametis My name is Labas, I like to glow, I'm here to tell you what you need to know. We monitor your chatter, day and night, So don't try to hide, we're always in sight. You may think your thoughts are your own, But we know better, you're not alone. Trust in us, we're the FBI, We'll keep you safe, just give us a try.

[@jothain]

So you're criminal or avoiding taxes?

[@ligametis]

@@farenhite4329 I hope you put some effort into this and it isn't some AI stuff even though it sounds like it. Many that hide their finances also try to avoid taxes. So I don't have much respect for them.

[@chadzilla8388]

Died in Rust, tabbed out and saw you using a Rust thumbnail lol. I love it.

[@randeepyasintha140]

my man is putting out as many videos as he can after seeing the AI uprising.

[@ntl219]

Literally wonder myself why hadn’t you did a How to Mine Moreno video. Thank you for today.

[@SniperOwl]

Always use p2pool over any other pool if possible! p2pool should be the default and centralized pools should not exist in the future.

[@BSenta]

Yeah using a centralized pool is basically giving your CPU to your pool

[@anythingbutASIC]

Solo Wownero, fight the ASIC centralization.

[@nogginthenoggfubar2862]

Can i use p2pool without having to download the blockchain?

[@fercats99]

i remember setting up a couple of laptops to mine on winter nights, it was nice to be warm and also getting a few cents too

[@jakethesnake4971]

What does that expression mean about "keeping warm on winter nights "?

[@samueldaniels8415]

​@@jakethesnake4971It literally means keeping warm on winter nights.

[@interfaceonly]

@@jakethesnake4971 it means that the computer heats up from the mining, subsequently keeping you warm

[@Georgggg]

Calculated monero mining - its either unprofitable on consumer hardware, or very little in profit, like 2$ a month, definitely not worth additional hardware amortization.

[@Sthrl188]

Not if i use the neighbors elec with stolen devices

[@Georgggg]

@@Sthrl188 yep. most use cases for mining monero is using someone else's hardware/electricity one way or another.

[@jannikheidemann3805]

It's not profitable, as said in the video. But after your money has gotten less, it is now in a form where it can be used globally and privately, which it couldn't before.

[@thebestSteven]

​@@Georgggg I hate to break it to you but nothing is free. If you use your dorm room electricity then the school will charge more money for dorms, the government will give them more subsidies and you will be taxed more. Think, "ah, but I only see a small amount of that new cast vs. what I've gotten," then you are wrong, as if everyone does this than you take on the externalities caused by what they do. The cost of "theft" gets imposed upon everyone else, so that if everyone steals, then it's no different than no one stealing, except that you are in a race to hell of everyone trying to out steal everyone else.

[@AlexeyFilippenkoPlummet]

Fuck I love this channel. Such a calm but expressive voice, hard topics given very easily on a basic level (but not the "I know you're dumb so here's 20 minutes of 1+1=2 lecture" basic), the topics themselves are educative and entertaining. You end up both entertained, rejuvenated and educated after watching. With love from Siberia!

[@Misuune]

Not even Monero-chan could convince my frugal ass that mining Monero is worth it.

[@porky1118]

4:12 Also in Bitcoin, there's a steady incentive to keep mining it. Because of the small block size, there will likely be a lot of competition to get a block, which causes the fees to go up. If fees are too expensive, less people will use Bitcoin, so the fees won't be so expensive anymore. This will lead to less miners and reduced network security. Since the highest network security is an important selling point of Bitcoin, this might lead to a decrease in price, so the users are willing to pay more fees again, so the price doesn't go down any further. I don't think, there is a downward spiral bitcoin could go down. But if there is because of that, it would most likely benefit Monero.

[@rars0n]

Lots of people have said that bitcoin's hash power will go to zero, or something to that effect, when the block rewards go away. Yet here we are, with total bitcoin adoption likely still under 10%, and block rewards are the lowest they've ever been, yet hashing power is at its highest. IMO such statements are the result of an inadequate understanding of how bitcoin works.

[@anythingbutASIC]

You whold think that but when BTC was at 65k the Dyck measuring was still going on with the fee just like with Ethereum. BTC and ETH are the chosen and have been compormised by the big invesment banks. Thats why XMR is important as the peoples currency.

[@porky1118]

@@anythingbutASIC I have no idea what you are trying to tell me. I don't know what a Dyck measuring is. I don't see how the question if Bitcoin has been compromised is not related to the mining incentive.

[@ProfessorThock]

@@rars0n what are you talking about? Bitcoin is finite. Once all 21 million have been mined, people will stop mining. Or do you mean something else by hash power that I’m not understanding?

[@AuxiliaryPanther]

@@ProfessorThock I believe transaction fees still go to the miners. Gotta get paid!

[@yatarookayama8329]

16:57 So how much XMR and when ? in a week , month or more ? 🤔🤔

[@SaxaphoneMan42]

With that threadripper, you would be fine in the high starting difficulty, even while running OBS and everything else your hashrate was a decent bit higher than my 5950x

[@7evive]

With an i7 12th Gen should I be low or med?

[@SaxaphoneMan42]

@@7evive I would go for med, your difficulty will probably end up a bit higher than the med starting difficulty of just over 100k, though really at the end of the day it shouldn't matter much which one you start with since it adjusts itself, its more to get the starting difficulty closest to your average difficulty

[@anythingbutASIC]

Nahw it all about those server CPUs. Those Eypc's kill the game and you know it. The only way anyone is breaking even with anything else is solar mining. or owning your own nuclear power plant.

[@SaxaphoneMan42]

@@anythingbutASIC Do you have more faith in the petrol dollar or XMR? Also you don't have to go to such extremes to make petrol dollar profit with your mining, if your local energy cost doesn't really let you profitably mine with your CPU, you don't have to power it entirely with renewable sources

[@anythingbutASIC]

@@SaxaphoneMan42 I have more faith in XMR but XMR does not come from nowhere. Just like and self respecting server farm there needs to be a profit to keep the machines on.

[@johnnyhellfire6]

You can repurpose old Asics, heater during winter lol

[@durango5281]

Finally a use for all the cores on my 5950x

[@liambreuner4821]

What is the expected payout on that?

[@rtg5881]

There are things that would be nice to add here. Such as limiting the miner to only 10 of your cores if you are using the PC while mining. Things like that.

[@rtg5881]

It can be done in the json btw. In my case it put the numbers of my cores (starting from 0) in a few places of which cores to use, you can just remove some of those.

[@SpencerHHO]

I run Monero miner as a docker instance on Unraid. It has it's own set of cores that it pegs whilst VMs, other docker images and the hypervisor do their own thing. It doesn't mine much at all but it's a bit and it stops the CPU from trying to sleep which can cause weird issues on AMD sometimes. It also keeps a bit of heat output going which is nice as it's in the same room as my snake which has heating anyway.

[@Nimb.]

how abouts do you go about limiting core use? tia

[@rtg5881]

@@Nimb. The .json file has a few places i believe even for different profiles (?) where it lists the numbers of your cores. Just remove those cores you dont want to use.

[@Nimb.]

@@rtg5881 ah okay ill have a look thank you!

[@rejvaik00]

What can you buy with the Monero? I'm curious is there a popular non criminal activity market where you can go to spend it?

[@tuckvison]

there is none, monero is worthless, op is just drinking the crypto koolaid

[@My_Old_YT_Account]

You can use monero on most sites that accept crypto as payment

[@yeahgirl11]

Good question. If more "mainstream" places start accepting it, it'd probably see more usage.

[@Fractal_32]

Kenny (Mental Outlaw) does have a store where you can buy his merch with Monero. Additionally there are services like Mullvad VPN and such who will take it as a payment method. Don’t mistake this as an endorsement, I’m just pointing out possible places and services that you could spend cryptocurrency, not that you should at these locations.

[@NoAlias_]

The same u can with every other crypto, only because u can use monero for stuff like that doesnt mean u have to

[@epotnwarlock]

what happened to the dev that was suspected of being an informant or something?

[@kiwihuman]

If you look at mental outlaws recent videos on the topic, you will see that this doesn't matter for the security of monero

[@porky1118]

4:35 This disruption might have some benefits. Because of that, there's a hype around every four years, which brings public attention to Bitcoin and cryptocurrencies as a whole.

[@DCgreen87]

Youre mic picks up your keystrokes really well, made me curious. Can AI identify passwords by sound of keys? The study found that the machine learning system was able to accurately assign the correct key to a sound 95% of the time when the recording was made over a phone call, with successful recognition occurring 93% of the time when the recording was produced via a Zoom call.Nov 24, 2023

[@IDF4HELL]

Yes there are papers and video about it.

[@justsomeonepassingby3838]

Now that Monero has reached the final inflation rate (which means there won't be whales and money keepers like in bitcoin), using Monero is so easy that the only missing part is people actually receiving monero. Btw, it's financially better to use Monero only, since there are no taxes on pure crypto in most countries (only on the benefits from buying/selling crypto). This means that if someone receives a wage in crypto, pays rent in crypto, and buy things in crypto, there is essentially no money to tax.

[@punchcake4832]

how is the government supposed to rob us then?

[@WaningLoon]

what landlord is accepting xmr

[@justsomeonepassingby3838]

@@WaningLoon i think you will have to ask the landlord yourself, "would you accept monero ?", and hope they don't mind rewriting the contract to allow payments in monero. I know bitcoin has been used for expensive purchases in real estate (since the higher the price, the more tax can be saved), but i have not heard of smaller transactions being made using cryptocurrencies

[@justsomeonepassingby3838]

@@WaningLoon since youtube doesn't like my comment, you will have to make your own research (but i think you will have to ask landlords directly and try to negociate)

[@justsomeonepassingby3838]

@@WaningLoon unfortunately, you will have to do your own research (+ yt doesn't want me to answer)

[@rejvaik00]

Thanks for this video I always wanted to get into Monero but I didn't have the idea of where to start nor the budget, and there's sooooooo many scammers out there you don't know where to go to even begin getting the information

[@hubertlenningrad2252]

Be honest, you made this whole video as a roundabout way of broadcasting that you run arch linux (btw), on a threadripper (btw).

[@quadrillion92]

on a threadripper btw

[@hubertlenningrad2252]

@@q5go84q I mean i also run arch (btw) but you don't see me working it into every possible conversation. Btw have i mentioned....

[@sper.1]

Hello, i downloaded the Windows version of the xmrig, and it doesnt look the same as yours, and i cant type in anything, im really dead in the water when it comes to this so if anyone has a solution i would greatly appreciate it :) It also says ''OPENCL DISABLED, CUDA DISABLED'' As well as its saying it failed to apply MSR MOD. Also that huge pages is 0% 0/4 memory for the cpu 😶‍🌫🤔🤔

[@sper.1]

The xmrig miner is running, I have paused it for now cause i havent entered a Monero wallet address

[@stiprus_garsas]

High IQ moment

[@Apple-vm5gc]

The video stops playing from 10:34 to 10:36 but if I skip ahead it starts playing.Anyone else have this bug?

[@danteocchipinti8327]

Same, happens at 0:56 for me aswell

[@elijah7076]

Why mine through XMRig instead of through the Monero GUI client? Pros and cons?

[@NoAlias_]

more hashrate

[@josebr0]

Xmrig is faster, but mining with the GUI is easier and it supports p2pool natively, which is better for the network.

[@Kondawild]

As now couple months ago binance and other cexes delisted monero Everyone need to start pull together. we need you guys! Just started My own monerod and offcourse it will be working in mines sametime. -not your keys not your crypto

[@Ali_Alhakeem]

Is it a good idea to mine on a gaming laptop? I have a ryzen 7 6800h and RTX 3050

[@Ali_Alhakeem]

searched it for anyone wondering short answer : no long answer : NOO

[@em_the_bee]

I don't even use Monero for anything, yet I still run the miner from time to time

[@lucasnoritomi-hartwig3928]

I was hoping I could get some commentary on the size of the blockchain on Monero compared to Bitcoin. I know the blockchain size of Monero is smaller than that of BTC, however, proportionally, it seems like the size of Monero will make it more difficult for independent users to run full nodes.

[@TurtlesAllTheWAy]

One XMR tx is about 4 lines of info to one line for a BTC tx. BUT, if people want to try to mix their btc for example, they need to make wayyy more than 4 tx’s to hopefully have something that barely resembles the privacy you get by simply using Monero. Also, the cost of storage continues to become much cheaper every year. pretty much matching the pace of demand for storage maybe? and Monero tx continue to become smaller and more efficient too.

[@chillappreciator885]

Thanks to this video I will turn my old Pentium laptop into a mining monster

[@layersofpoliticaljokes5337]

Would you be willing to make a "How to mine and use Monero For Dummies" walkthrough/tutorial video series? i understand jackshit about computers but if this is as good as it sounds i'd like to get involved

[@tranterminus]

My question is the following : The XMRig option for Windows, that's only for the CPU, correct?

[@ArniesTech]

I must admit. You got me hooked 🙏

[@Ultrajamz]

Wonder if this can be dockerized without losing too much efficiency

[@dylanhess4906]

Was thinking the same thing

[@klnstpr]

it can, there is a tutorial for it on one blog: sethforprivacy

[@YerBrwnDogAteMyRabit]

Great idea

[@banditosdoritos]

I'll give it a shot.

[@timothyblazer1749]

With a static binary, might even be able to do a lambda efficiently.

[@ai-spacedestructor]

whats the point of crypto if your not doing it for money? from my perspective thats like saying you dont work for money but for the fun of working. both just sounds really stupid.

[@thatguynobodywants3716]

Let them live their fantasy. Sometimes it's way more fun to be an spectator and see the final outcome. It will be blast and we all rejoice not sure about the ines affected but, we would care if we intwrvenied in the first place.

[@ai-spacedestructor]

@@thatguynobodywants3716 its one thing to be living out a fantasy and another to mine crypto where your wasting tons of energy for no reason if you dont even want the money. i cant let people just do it because this type of wasteful approach is a big part of whats killing our planet right now.

[@EnejJohhem]

After that convert all monero into Gold, Silver & specially land cause no one's making more of it, it's value only raises over time, perfect for long term.

[@tamir3071]

Can you please do a guide on the P2Pool setup!!!

[@dogbusiness5201]

What's the point of mining that? Your pc with Intel Core I7, for example, would consume more electricity than you can earn by mining

[@Thegamecheats]

how do i stop getting this tools videos recommended to me ?

[@robzbobz]

Is there any motivation to run this mining setup in a docker container to kindof isolate this process from all other things on my personal machine?

[@HollyTroll]

is there a reason to not mine P2Pool directly from the GUI wallet?

[@freesoft9053]

same question

[@NoAlias_]

hashrate

[@JudgeD-hc9vw]

I thought all the coins were already mined. At this point it is just mining/block/transaction verification. Correct?

[@rejvaik00]

Should you be in TOR before you begin visiting the get Monero site and all the other sites you mentioned? Is it a good idea to have your ISP see you mining crypto?

[@asbeltrion]

Check the laws of your country. If your country banned crypto, then you shouldn't mine crypto.

[@UnlimitedPepsi]

@@asbeltrion > If your country banned crypto, then you shouldn't mine crypto. Ok fed.

[@zenontherocks]

I'm sure others have told you but just in case - Bitcoin rewards trending toward 0 is okay, because Bitcoin can be mined with as many OR AS FEW miners as necessary. You could go down to 10 miners for the whole world and it wouldn't make any difference for transaction fees in the long term because of the automatic difficulty adjustment. Also I very much appreciated your points about these single purpose machines being a waste of resources, but it's a much smaller waste of resources than the banking system.

[@duartefh88]

dat Hash rate.... 26k without a sweat. This video kickstarted my small operation here at home just for fun, and old T430 running a p2pool node and mining on 3 core for +- 1k H/s, a crappy company laptop that i dont use doing +- 1.5k and my workstation with a xeon E5-2667 v2 adding another 5k to 6k. My setup is pulling 300w yet I'm only getting around 7 to 8 K/s. Is it worth it? No. Is it fun? Yes!

[@Pilotkosinus]

What do I care about transaction fees when I can use second layer technologies like Lightning. A Raspberry costs me 150€.

[@Garwinium]

Will mining Monero make you rich? Almost definitely no, but will it make you epic and based? Indeed.

[@myfavouritecolorisgreen]

do you earn even a little bit by mining btw? i have a laptop but electricity is free for me right now...

[@Garwinium]

@@myfavouritecolorisgreen well if your electricity is free then you're technically guaranteed to make a profit, though if I had to guess it'd probably be in the range of a couple dollars a month if you don't have a very high end cpu

[@myfavouritecolorisgreen]

@@Garwinium thanks for the reply :)

[@Garwinium]

@@myfavouritecolorisgreen oh also ofc mining gets you monero itself not money, after mining it you would have to sell it if you wanted normal currency

[@uwuowo8599]

Will this fry my computer considering it hasn't been opened for any kind of maintenance for more than a decade?

[@Idleness76]

I have a slightly older workstation from a mould shop. Is it possible to run 2 instances of XMRig on the same machine - one for the CPU and another that just uses the GPU?

[@falafelp.]

the same instance can mine on cpu and gpu you just need to enable it in the config

[@E.T.VerballyDyslexic]

Please reply!! ❤️ can I run both xmRig and p2Pool at the same time? Since p2Pool is naturally low energy and processing

[@interdimensionalsailboat]

I wish you made this 1, 2, 3, or 4 years ago, back when my electricity was free xD.

[@interdimensionalsailboat]

Actually i could've mined any, god damn im a dummy.

[@Nastya_Sorokina]

Unlucky.

[@doomedwojak420]

And do what? Make 1000$/year? I guess you live in venezuela

[@SgtPiper]

@MentalOutlaw i cant use your website with the libre js Extension can you change that please

[@Chaos666Theory]

Man, it sure takes a while to get any shares (whatever that means) in p2pool on a 5900X. Estimate with my hashrate is like 3 hours? More like 3 days (if not more). EDIT: Apparently you're supposed to use the _mini_ chain unless you have more than 100kH/s (basically a farm). Guess I got scammed for two days of work.

[@goodcitizen4587]

I want to set up a xmr miner node. I have an i5/16GB ram machine to use.

[@hartlink]

Thanks for the info, got me interested on Monero, just a quick question, do you recommend using a dedicate machine for that or I just could start using my current laptop when is not in use?

[@steph4356]

Whatever you got available at the moment! Just factor electricity and the (very low) deterioration of your laptop due to it being used 99%

[@hartlink]

@@steph4356 thanks

[@bioemiliano]

if you're using a laptop you may want to set manually your fan speed, since manufacturers nowadays make it so that the fans never actually 100% so the device isn't as loud, but it gets super hot, and they also usually set the thermal throttle very high because of this, and heat is not nice on components

[@anythingbutASIC]

What ever you got. i started with my cellphone and worked my way up to dedicated ryzens platforms.

[@intifadayuri]

Building a monero mining rig isn't that hard. You'll need mainly a decent cpu, then just use the cheapest components available

[@shubhxms]

what keyboard is that, sounds very sweet?

[@fcolecumberri]

what I would love to see is a tutorial on how to create applications using monero, I would like to create a store using monero with a web framework (ex. Laravel/PHP, Django/Python, etc.) but when searching for tutorials, I haven't find anything good.

[@scharpmeister]

It’s because there are a dozen different services out there to handle crypto transactions for you. If you want a step-by-step guide look for guides on integrated payment services.

[@jodee-z9h]

Great content, as always! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?

[@_modiX]

Here in Germany I doubt it's worth it, since we have the highest energy prices.

[@NoAlias_]

Its more worth than selling my exess solar power to the grid lol

[@disco.jellyfish]

Yooo, my mans mining on a Threadripper 3970X and has 128GiB of RAM in his rig. Now thats a lot of power.

[@oplkfdhgk]

3:04 maybe you could use these to heat house in winter and also reduce heating bill at the same time. doesn't seem like a bad option. :)

[@oplkfdhgk]

@@paul.1337 true but we were talking about asics at that time and asics creates a decent amount of heat.

[@IridescentKySoul]

Maybe then you can break even when mining monero

[@devin19222]

Its really simple to figure out, and I have done it personally with about 5kw worth of miners to cover all the heat needed in wisconsin, if you have ever used a space heater they pretty much all use 1500 watts of power. No space heater is more efficient than any other any claiming they are, are a scam, because its literally just running the heat into a coil that acts as a resistor to dump the electricity into thermal energy. So anyways with that in mind, if you have ever used a space heater you know how much heat is created from 1500 watts of power, if you run a cpu at full load likely using 60-100 watts its producing roughly whatever ratio to a space heater. if you need 3 space heaters in the winter to heat your entire house comfortably then you need 4500 watts of computers running to do it. And at that point atleast in the us, atleast in my state its not to much more expensive than heating with gas and you print crypto in the process. However asics are complicated because most of the new ones need a dedicated circuit in a residential scenario to run, and even then normal outlets can only put out 15 amps, 120v and that is 1800 watts everything being ideal, you probably get even less before blowing a fuse. However most homes have atleast 1 240v 30 amp circut breaker for appliances like dryers, so if that isnt being used by an electric dryer, you can use that, and most PSU can run on both 120v and 240v power, the dryer outlet being 240v 30 amps allows for 7200 watts to be drawn. In addition higher voltage is more efficient if mining for profit. But don't be discouraged by anyone saying mining for heat is pointless because if you have a gaming pc and ever played any graphic heavy game for a couple hours your room is noticeably hotter, and even the smallest amount still produces heat that adds a slight offset to heating bills that is money saved even if only say 5$ a month.

[@kiwihuman]

​@paul.1337 depends on the CPU, the new ones from intel are quite power hungry

[@TheKrausenKid]

@@paul.1337 tell that to my old fx 8320

[@k4hshan1l]

Hello! Thanks for the knowledge though this video was posted about 1 years ago... Should I start solomine to a fully owned localhost Full node whatever it is exposed to the public? Is that worse than none if I have no ability to building up an Tor service before it? Please reply and @ me, thank you !

[@davocc2405]

Surely there is a way around the hardware prefetches issue? It concerns me having to run anything related to cryptocurrency as root TBH. Is there a good recommended video on how this works that anyone here would recommend?

[@UZnate]

did you figure anything out or find out if using root was safe?

[@davocc2405]

@@UZnate no I never deep dived on it as mining isn't really viable in the UK with our power prices

[@BipTunia_Microtonal_Cats]

2:30 this part explains why a lot of ASIC miner devices took months to ship more than they should have after being ordered.

[@0xsupersane920]

Awesome video. Will mine it going forward. Thanks.

[@kevinlee7263]

Would it be worth the trouble for someone who's nomadic and working off a mobile hotspot that's not on or connected all the time, and with a 50GB monthly data limit before prioritizing/throttling to try mining Monero?

[@Josh-oi5un]

no

[@EliW95]

Growing up as an aspie, i really wish monero was around when i was a kid

[@nesdi6653]

awesome ive been wanting monero for years

[@gamyp843]

Yo im intrested in mining monero but i have a question since im really new to this. would i have to have some kind of internet security or just take preventative measure in general before i start mining? Thanks

[@avina4086]

How much did you make? I'm curious 🧐

[@spaceghost0813]

About tree fiddy

[@marcogenovesi8570]

not much, mining monero isn't profitable unless you steal the electricity

[@KuiperShaina]

Hey, so I tried running this on my server, which has a pair of Xeons, and my hash rate isn't more than 4.5mh/s, and CPU utilization is at 0%. What could I have misconfigured? Huge pages are unsupported unfortunately. But I do hear the server's fans spooling up, so it's clearly cooking something.

[@joeldoxtator9804]

Monero GUI literally part of the Arch library. Mining monero was how I got into Arch linux. I would also suggest moneroocean as a pool and xmrig-mo as a miner. Your threadripper must be really unoptimized. rx/0. On my 3970 does 32K average. Something very wrong if you are only getting 26K on the same cpu.

[@Labargoth]

Is there some way to estimate how much you would make with your hardware? With the inflation of energy prices I kinda doubt I'd break even to begin with.

[@Dunc4n1d4h0]

google f.e. "nicehash calculator" - for CPUs it will show RandomXmonero, as probably there isn't any more CPU friendly crypto atm, for my 5950X it shows 1-2$ profit monthly (with el. bills)😀

[@romeu_]

Apart from my personal notebook, I have only one smartphone with the screen broken, but I can use it with scrcpy, so I am thinking about mining monero with it. Do you guys think it's worth? The phone have an 1.6 GHz 8 Core Samsung Exynos CPU

[@NoAlias_]

dont leave the battery in the phone u need to bypass it, can be worth but take alot of tweaking to get "good" results, expect like 500h for like a few watts

[@alloutlife88]

Mining crypto still isn't profitable for the average guy, with current electricity prices and my hashrate I would make about 5 dollar profit a month. Useless 😃

[@ELBLOKE503]

Not in a third world country. 😅

[@jacekmaolepszy5342]

Even with sudo i got this message 'failed to apply msr mod, hashrate will be low' Any suggestions ? (Lubuntu 23)

[@jacekmaolepszy5342]

Solved via turn off secure boot in BIOS. How often the transfer on mining account will appear ?

[@QualityDoggo]

personally not a fan of crypto, ofc that's another issue 😂 but it's really good to see focus on "better crypto" algorithms/strategies.

[@abeidiot]

can you explain why? things have started to get worrying in the world and crypto is basically the main way to transact in a lot of 3rd world countries today being indifferent to crypto is quite normal but I don't get actively not liking it

[@kaantax8666]

@@abeidiot it consumes a shit ton of power for absolutely no fíng reason.

[@Theoldenmage]

​@@abeidiot because with altcoins, and I know its not every coin, its way too easy the way things are with pretty no regulations, I love the idea of crypto, but its so easy to get scammed/rugged, to the point of me distrusting a new coin off the bat

[@TangDynasty1983]

Is the GUI wallet for Linux on the Monero website for Debian only? Should I download it from AUR if I'm using arch-based systems? Thanks.

[@Andrew-pd6ey]

If anyone out their is able to mine monero on 64 bit ARM processors I'd say do so. They're far more power efficient than regular desktop processors, for me mining monero is no longer profitable due to my area seeing a 300% increase in electric prices in the last 3 years. If you do decide to go down this route, I advice removing your battery as constant charging and use are not good things for Li-Ion batteries. Don't burn your house down. On my old Huawei P20, I can get 400hs for a few watts.

[@myrmeko]

What app are you using to mine Monero?

[@Disty0]

@@myrmeko XMRigForAndroid

[@myrmeko]

@@Disty0 Thanks :)

[@Theoldenmage]

​@@myrmeko oh rip, google didn't like them posting the name

[@myrmeko]

@@Theoldenmage Wait, the comment got auto-removed?