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Joined: Feb 25 2024
Gold: 69.69
Sep 2 2024 01:58am
Quote (moonbeam420 @ Sep 1 2024 08:33pm)
#2 rn on both coingecko and coinmarketcap for the 7 Days

One of the reason behind the current price increase is also due to the mining network as a whole (nethash) being at an ATH of 3.3Gh/s
(as can be seen on a block explorer):
https://localmonero.co/blocks/
And with winter coming back in few months, it'll probably keep growing as well since a lot of people mining just in winter for free heating

Quote (/u/MoneroFox)
C3Pool and MoneroOcean only mine Monero now.

Monero is probably the best CPU coin and probably other miners have switched as well. Looks like everyone was attracted by the price.


3.3 gigahash per second.. That's like 3,300 megahash per second or 3,300,000 kilohash per second
A single Ryzen 5950x (16 cores / 32 threads) can reach 22Kh/s with some tweaking on RAM speeds and whatnot as seen over that CPU benchmark list over there:
https://xmrig.com/benchmark?vendor=amd
In average tho, stock settings it'll be more like 16Kh/s for 16 ryzen cores/ 32 threads so in average 1Kh/s per ryzen core / 2 threads
So there is currently approximately the equivalent of 3.3 million ryzen cores mining on the monero network (or the equivalent of 206,250* Ryzen 5950x on the network)
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Sep 3 2024 11:43am
Quote (moonbeam420 @ Sep 1 2024 08:33pm)
Quote (moonbeam420 @ Sep 1 2024 05:22pm)
Monero probably gonna be #1 on that top 100 in just a few hours for the 7 Days price performance charts

#2 rn on both coingecko and coinmarketcap for the 7 Days

#1 on both coingecko and cmc on that 7 days price charts
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Sep 4 2024 01:20am
Quote (moonbeam420 @ Jul 12 2024 07:51am)
Quote (derpykitty @ Oct 28 2023 09:21am)
- WHERE TO USE MONERO
  • https://coincards.com
    USA/Canada giftcards/coupons for like amazon, some food/groceries and such (they released their numbers few months ago that monero got ahead of bitcoin from their userbase in USA)

  • https://coincards.com
    not just USA but now also available in EUROPE and AUSTRALIA

  • also, their stats for the month of june:
    Quote (coincards)
    Here's a breakdown of usage (by $ volume) on Coincards by percentage in June '24:

    #XMR: 34.4%
    #BTC (Onchain): 25.96%
    #USDC: 20.20%
    #ETH: 9.84%
    #LTC: 2.49%
    #Solana: 2.31%
    #Dogecoin: 2.09%
    #LightningNetwork: 2.08%
    #USDT: 0.58%
    #Dai: 0.04%
    #Matic: 0.01%
    #Dash: 0%

    Code
    https://x.com/CoinCards/status/1809702144288882870


Quote (coincards)
Here's a breakdown of usage (by $ volume) on Coincards by percentage in August '24:

XMR: 35.07%
BTC (On chain): 24.62%
USDC: 14.93%
ETH: 13.24%
LightningNetwork: 3.61%
LTC: 2.78%
Solana: 2.78%
USDT: 2.23%
Doggocoin: 0.59%
Matic: 0.16%
Dai: 0%
Dash: 0%


Code
https://x.com/CoinCards/status/1830651907150410004


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Sep 4 2024 01:38am
Quote (moonbeam420 @ Jul 12 2024 07:51am)
Quote (derpykitty @ Oct 28 2023 09:21am)
- WHERE TO USE MONERO
  • https://shopinbit.com/
    in europe: have computers, computer parts, laptops, phones, general electronic, bikes, electric bikes, sports/workout thingies, lineup for self care and such, cars, custom car license plate, bunch of thingies [...]
    they dont even requires a customer account (can still make one if you need package tracking but works well without), also have the "concierge service" which is basically personal shopper, can send them a link from anything like amazon or whatever, pay them in monero and they'll do the purchase for you
  • https://shopinbit.com stats for the month of june:
    Quote (shopinbit)
    What has happened here?? Our stats for June are here and the results are, well, see for yourself:

    #Monero 74,54 %
    #Bitcoin 23,64 %
    #LightningNetwork 1,73 %
    FIAT 0,08 %

    Code
    https://x.com/shopinbit/status/1811651225005195471


Quote (shopinbit)
August '24 Currency Usage Stats for ShopinBit:

XMR 58.15%
Bitcoin: 36.89%
Lightning: 3.39%
FIAT: 1.57%

Seems like this was the Summer of Monero. Now everyone is coming back and Q4 Christmas Season approaches: Do you think XMR will stay on top?

Code
https://x.com/shopinbit/status/1830990984781467819
Member
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Gold: 69.69
Sep 5 2024 01:41am
FixedFloat reintroduced XMR: https://ff.io
A maximum of 20 XMR can be purchased
Which is still at least something while https://exch.cx keeps running low so fast for the past few days

Would still trust exch way more than fixedfloat regardless
As can be seen historically on that post, they don't have the best track record:
Code
https://old.reddit.com/r/Monero/comments/1drzhth/localmonero_alternative/lazk36a/
Member
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Joined: Feb 25 2024
Gold: 69.69
Sep 19 2024 05:39pm
Quote (derpykitty @ Oct 28 2023 09:21am)
- WHERE TO USE MONERO

Code
https://x.com/silentlink1/status/1836839383833391206
Quote (silent.link)
Sales at silent link Apr’24 - Aug’24
  • 53% XMR
  • 35% BTC
  • 13% LN
The 13% growth of XMR is partially attributed to TrocadorApp swaps from shitcoins to XMR. We are still figuring out how to separate those from native XMR payments.
Member
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Joined: Feb 25 2024
Gold: 69.69
Sep 23 2024 06:00pm
after the delistings, some more listings lol
Code
https://x.com/PlasBit/status/1838215825485881502
Quote (PlasBit)
New Listing XMR. Trading is now live for XMR on PlasBit! Diversify your portfolio and start trading XMR.
Trade XMR on the XMR-USDT Advanced Trading pair
Deposits & Withdrawals are now open
Load & spend your XMR with your PlasBit CryptoCard
Fixed Maker fee of 0.1%

Code
https://plasbit.com/anonymous/exchange-monero-to-btc-no-kyc
Quote (PlasBit)
[...]
My Opinion on Bitcoin vs. Monero

This article turned into a BTC bashfest. I didn’t intend it to be so critical or to have so much Bitcoin FUD, but I found myself unwillingly drawn to the Monero camp. It does seem a much fairer cryptocurrency and a more private one as well. The only ones who would oppose Monero would be those with a stake in the current BTC marketplace who envision Bitcoin’s price only ever going up. I imagine those would be BTC miners, who need Bitcoin to get more expensive so they can pay for their mining hardware and mining costs, and BTC speculators, who dream of Lambos.

Bitcoin has serious technical limitations baked into the network that will only get more pronounced in the coming years. Add to that the fact that governments around the world have caught wind of Bitcoin’s popularity and are eyeing the first chance they can to regulate it, making it indistinguishable from any fiat currency. Bitcoin owners are already under increasing pressure to report their BTC transactions to tax authorities. I expect that will keep spreading in the coming years, making people shift to other crypto. I think Monero is the crypto of choice, for now. It might also become too popular, leading to unwanted attention and regulation ...

There is a lot of stigma on Monero and anyone using it, as seen in this Financial Times article on Monero as the criminals’ cryptocurrency . I find those claims baseless at best and wretched clickbait at worst, and I think they reflect the institutions’ increasing desire to micromanage us and pry into our lives without submitting themselves to a commensurate level of micromanagement and transparency from us. Exchanges such as Kraken already had their arm twisted to ban Monero, which they did for Germany, Ireland, UK, Australia, and Belgium.
Member
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Joined: Feb 25 2024
Gold: 69.69
Sep 23 2024 10:41pm
Hardware wallet on a 2nd offline phone:
https://sidekick.monerujo.app/


Quote (sidekick.monerujo.app)
Use your other phone as a Monero hardware wallet.

What?

Sidekick is a new companion app that you can install on a secondary phone to authorize access to your Monero wallets in Monerujo. That way, as long as you keep that phone offline, it works as a do-it-yourself Bluetooth-powered hardware wallet.

Features
  • Free: no payments or subscriptions to use it.
  • Open Source: code available for anyone to inspect.
  • Safer: avoids signaling you out as a hardware wallet owner.
  • Secure: encrypted Bluetooth communications and wallet files.
  • Accessible: use your color touchscreen to operate it comfortably.
  • Fair: provides access to very strong security to anyone with a basic smartphone.
  • Green: a second life for your unused gadgets.

Where?





This post was edited by moonbeam420 on Sep 23 2024 11:05pm
Member
Posts: 1,424
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Gold: 69.69
Sep 27 2024 07:48pm
Member
Posts: 1,424
Joined: Feb 25 2024
Gold: 69.69
Sep 28 2024 03:51am
Code
https://x.com/mynymbox/status/1839312671033671892
Quote (mynymbox)
Mynymbox - Anonymous hosting solutions

First month since our company exists. Bitcoin is leading now. Our stats for September 24:
  • Bitcoin 37 %
  • Monero 36 %
  • LightningNetwork 18%
  • TrocadorApp (swaps) 9%

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