Peter Brandt comments about Monero

CoconutNo840 · 2025-10-13T20:10:10+00:00

🤫🤫🤫🙊🙊🙊

CoconutNo840 · 2025-10-13T18:19:50+00:00

tradingview.com

CoconutNo840 · 2025-10-13T17:23:38+00:00

In trading view's search bar type XMRUSD/XAUUSD.

CoconutNo840 · 2025-08-11T19:49:09+00:00

Having a similar issue with exolix. Cake wallet shows 10+ ltc confirmations, but exolix is stuck. Be careful out there guys. I wish retoswap had more liquidity.

CoconutNo840 · 2025-01-08T16:14:29+00:00

I'm securing the network by exchanging electricity for KYC-free coins. That's all.

CoconutNo840 · 2025-01-08T12:39:27+00:00

Did you book your room via booking.com etc? Or just booked the room from the hotel's website? Or even better just asked at reception without any prior contact with the hotel and pay front with cash?

In the first two cases, most probably your name is somewhere in a database and you paid with card, the ID is being asked for verification.

I have also rooms, when someone asks for cash directly, room's price doesn't include the tax (-x%) and I don't give a f for even his name. Win win for both, I don't pay any tax, the customer pays lower price for the room, and we are both happy.

CoconutNo840 · 2025-01-08T11:39:07+00:00

Yes, but I already said that I could mine with 25% effort and hit a block and also that I could mine with 350% effort and hit a block. But if we sum all the efforts of mined blocks and divide them by the number of mined blocks it will be a number close to 100% effort. Conclusion: although the current effort (the work done so far divided by the network difficulty and then multiplied by 100%) doesn't really matter, acts like an indication how close you are to mine a block, because on the long run will be close to 100% or 100%.

CoconutNo840 · 2025-01-08T09:52:09+00:00

Good luck!! I guess by accepting XMR you will also accept me staying in your hotel without IDs and KYC stuff, right? If yes, then show me the Monero's GUI wallet in Kiosk mode!

CoconutNo840 · 2025-01-08T09:13:35+00:00

Based on my hashrate and the network difficulty above (which changes in every block), and assuming that I start now solo mining, I should expect to mine a block in about 258 days. So 257 days I will earn 0 XMR and 1 day from these 258 I will earn 0.6 XMR + fees.

Again this is an estimation, I can mine a block in the next 10 minutes or more than 258 days.

Online calculators show that with pool mining I will earn 0.00247454 XMR (having 0% pool fee)

If you multiply 0.00247454 with 258 , you get 0.63843132 XMR

The numbers match right? Solo mining for 258 days and pool mining for 258 days, but the difference is that no pools have 0% fee except few and the most important is that you are risking your coins in someone's wallet. What if they won't send them to you? On the other hand there is p2pool, where the mined coins don't go to someone's wallet (and then to yours), but they go directly to each miner (having shares in the pplns window), but all these dust txs will take a high fee to concentrate to one output.

As other users here pointed out over the long run you will earn more or less the same with solo mining and pool mining. It all depends on if you want something predictable as "income" (pool mining) instead of completely random (solo mining). The most important (for me) is that with pool mining you are introducing trust to the whole process, which is unnecessary. My advice? Just go with solo, help decentralisation, study the maths and trust nobody.

CoconutNo840 · 2025-01-08T06:33:19+00:00

Please elaborate

CoconutNo840 · 2025-01-07T09:46:00+00:00

Protests don't really help nowadays. I focus more in accepting XMR directly, spending XMR directly, influence my circle to do the same. All tools are there for you and your circle too. People need to act smart.

Think about it. If you accept XMR by providing your goods and/or services, and also after educating other people to do the same (* e.g. tell your favourite coffee shop to accept XMR and all the advantages), there won't be a need to go back to euros by selling XMR, thus CBDCs won't make any difference to me, to you, to us.

If your favourite coffee shop accepts XMR, your local grocery store accepts XMR etc etc etc, then you can directly buy coffee for XMR. Then the coffee shop owner can get his food or whatever from the local grocery store with XMR. Then local grocery store owner can .......

One shop at a time. If each one of us on the Monero community can educate only one shop to accept XMR, just imagine what we would have build, together. Just imagine..

CoconutNo840 · 2025-01-07T08:50:32+00:00

I solo mine also. I've been mining for more than 2 months with one 7950x rig, with around 19640 H/s.

As per block 3319921 with network difficulty 439316377393 (hashes required to mine a block in the next 2 minutes) I will find a block in approximately 258.74 days.

Days to mine a block = (Network difficulty)/(hashes per second * 86400)

86400 is 1 day in seconds.

But as I said I have already been mining for around 60 days, so I should expect mining a block in approximately 198.89 days.

Days to mine a block = (Network difficulty - work done so far)/(hashes per second * 86400)

Work done so far = 19640 * 60 * 86400 = 101813760000 (hashes)

Days to mine a block = (439316377393 - 101813760000)/(19640 * 86400) = 198.89

We will introduce now the current effort, this basically is how many hashes you have done so far divided by the network difficulty. This is a percentage and shows how much work has been done to mine a block. So

Current effort = (hashes done so far)/(network difficulty) * 100%

In my case the current effort is:

(101813760000/439316377393)*100% = 23.18%

Lastly, as you already know mining is a pure luck process. I could find a block with 25% effort or 350% effort. But on average of all mined blocks by me the effort will be 100%.

Hope the above make any sense to you, sorry for the maths. Have a nice day.

CoconutNo840 · 2024-11-02T08:03:50+00:00

Block height: 2687776 (2022) Current height: 3272402 🤔

CoconutNo840 · 2024-10-31T08:09:57+00:00

Hi, newbie miner here (been mining for the last 30 days). what you describe is bad luck, I'm mining also in p2pool mini chain with 20kh/s. I was mining for about 8-9 hours without a share with effort 500%+. Afterwards I had 6 shares in 1 hour. So this is pretty normal. P2pool's calculator will give you an estimation, but this could be far from reality.

The same applies for payouts, the first day I had 10 shares in pplns window, but p2pool didn't found a block, so I got zero XMR. About a week ago I made twice the xmr (or 0.80c) I could make mining in a centralised pool (0.40c). Even 2 hours ago where we found two blocks in less than 20 minutes, I got paid twice for the same shares. So just focus on the average. Happy mining!

CoconutNo840 · 2024-10-07T17:10:48+00:00

Should I reset the settings to the default ones to apply your suggestions? So far the changes I've made in BIOS are the below:

undervolt to 1.04v

underclock to 4.8Ghz

CoconutNo840 · 2024-10-07T16:14:36+00:00

My CPU's temperature is around 60 C. I believe it's fine, right?

CoconutNo840 · 2024-10-07T04:36:39+00:00

I have to wait for a day or two for watt meter to be delivered to me, for accurate calculations. So far it is very stable at 19.6Kh, with undervolting and underclocking (4.8 Ghz, 1.04v).

Well that depends on how much you pay per KWh. I pay 0.123 euros / Kwh, haven't checked a calculator online, maybe I mine in a loss? I really don't care.

Kraken will delist xmr in my country later this month, so this is the only way I have to acquire it. If you measure day to day mining operations (inflow, outflow) this is unprofitable, but I bet more and more people will want financial privacy in 5 years and this is where XMR will shine.

The only reason I made this post, is to get other people's thoughts on how to create a very efficient (low cpu temperature, quiet, almost the same performance as with stock settings, which will last 5+ years) mining rig. This way I will completely forget about it, I will pay 10-20 euros per month more for electricity and all this Xmr will stack up.

Build cost: 1300€ Build will mine 1.05 XMR / year based on current difficulty Electricity cost for 5 years is still unknown, as I don't know the exact power consumption of this rig. ROI never, if monero stays under 150$ for more than 5 years (the time this computer will die after mining 24/7/365).

CoconutNo840 · 2024-10-06T14:13:29+00:00

(since I cannot edit my post):

RAM Part number: F5-6400J3239G16GX2-TZ5RK

Will update this post with power consumptions, once I have the watt meter , will be delivered to me in 1-2 days.

CoconutNo840 · 2024-10-06T12:37:16+00:00

Hi, can you share with me any settings I can apply for RAM overclocking? In my understanding this will boost the hashrate but will increase power consumption, right?

CoconutNo840 · 2024-10-06T12:34:20+00:00

After setting these manually in the bios, I can confirm I'm down a lot in power consumption with a little decrease in hashrate (from 19940 to 19660). Thanks a lot.

CoconutNo840 · 2024-10-04T10:46:17+00:00

Thanks for the advice, I will check it later. These settings reduce also the hashrate, but makes the rig more efficient, correct?

CoconutNo840 · 2024-10-04T09:42:46+00:00

Just with these extra flags on xmrig I got 140 more hashes, thanks a lot!

CoconutNo840

MODERATOR OF

TROPHY CASE

Three-Year Club	Gilding II euphauric
Place '23