this post was submitted on 09 Aug 2023
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Monero Mining

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[–] [email protected] 8 points 1 year ago (1 children)

We have, it's call p2pool. Miners (like us) should move to it, most of miners doesn't seem to care, their are here for short-term gain.

How can we help? Writing blogs/medium/etc. Record videos, etc. How to mine monero with p2pool and why

[–] [email protected] 0 points 1 year ago (3 children)

This has not worked. It is time for a solution on the protocol level to handicap giant irresponsible pools in some way.

[–] [email protected] 2 points 1 year ago (3 children)

Okay. Walk me through this. How do you enforce the use of p2pool on the protocol level? How would you even distinguish a pool operation against a solo mining operation?

Wownero tried to eliminate the pool mining. But they enforced solo mining on the protocol level.

So, how would one enforce p2pool mining on the protocol level?

[–] [email protected] 0 points 1 year ago

Someone would have to get pretty creative. I do not think enforcing p2pool is possible, besides we do not want to kill pool mining all together, but making running a giant pool very inefficient may be the way to go.

Mining protocol changes to combat pool centralization - https://github.com/monero-project/research-lab/issues/98

[–] [email protected] 0 points 1 year ago (1 children)

Just found out about wownero (memecoin), they better put that effort to improve monero :/

[–] [email protected] 8 points 1 year ago (1 children)

It's not wasted effort, it is basically like a testnet for Monero where bleeding edge and novel tech can be tested without much impact in case of failure.

[–] [email protected] 2 points 1 year ago

If that's in the case, amazing!

[–] [email protected] 0 points 1 year ago

adding p2pool block hash and something signed by private spend key to the block requirements should accomplish this? whether or not its a good idea is another thing

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

It has not worked yet. P2ppool is steadily growing still, new miners have no reason to join a pool. Big system administrators will keep flexing on pools every now and then I guess, botnets too. I don't see us worrying once p2pool gets top 3 or thereabouts.

[–] [email protected] 3 points 1 year ago (1 children)

Yes, I am happy we have p2pool as a go to option for decentralized pool mining. Maybe once the big pools start to enforce KYC we will see a real move to p2pool.

[–] [email protected] 2 points 1 year ago (1 children)

Pools have kyc?

Thanks for ruining my day

[–] [email protected] 2 points 1 year ago

Yup, it is a cancer which has started to spread. The bankers want a cut of all human activity, as well as the ability to use violence against you when they wish via the state mafia.

ANTPOOL Institutional KYC User Guide https://support.antpool.com/hc/en-us/articles/17470281316377-ANTPOOL-Institutional-KYC-User-Guide

[–] [email protected] 1 points 1 year ago

I don't think OP knows how mining work

[–] [email protected] 5 points 1 year ago

Nanopool of all pools. As far as I can tell both moneroocean and nicehash are still mining zephyr, we've lost some hashes there, on top of low price and high electricity costs for many, heat waves for many others... all in the middle of August when "nobody" is watching. Looks like a potential perfect storm.

Still, I would bet my ass THEY are still asleep. 51% attack makes no sense other than damaging the network. No gains to be made for any participants, zero incentives.

[–] [email protected] 1 points 1 year ago

It will do down soon. Bitmain selling their XMR mining machines.