Did you wait for a bit as someone else suggested and see if your hashrate normalised on the pool? I actually get a higher hashrate using 8 threads of simpleminer on my 8 core machine than I do from solomining (also on extremepool.com). Also are you definitely using the latest simpleminer binaries? You probably are but it doesn't hurt to check.

I have noticed that the hashrate seems to be a lot, lot higher at the weekends & GMT evenings. I personally believe that the majority of the hashrate comes from sysadmins, using computers at their place of work (offices, schools etc) during the weekend downtime. As others have said, GPU mining may be theoretically possible but due to the algorithm it's unlikely that GPU gains will be as much. It's also possible that people are using cloud computing services (AWS, Microsoft Azure etc...) to throw lots of kh/s into the network. This is likely no longer very profitable (if it's still even profitable at all) given current hashrates and prices.

I only got into this coin just as difficulty was beginning to skyrocket but I believe in the underlying technology, the developers, and the community that is building up around Monero. While it is healthy to have concerns, I don't believe that there are secret GPU miners currently dominating the network, and the growth has been (for the most part) due to increased awareness of the coin and the Cryptonote technology. I'm starting to see people talking about Monero all over the internet - the cat is well and truly out of the bag now!

I'm pretty sure I am on the latest binaries, but I have not tried running a second instance of the miner. My CPU usage is already 99% with the single instance. Am I really going to get more hashing with another instance?

Thanks for your input.

I believe in the underlying technology too. That's why it is a bit distressing not be able to mine the coin profitably, even though I started trying around block 20,000. I believe enough in Monero to have bought several thousand on the exchange, in part because I wasn't having much luck with mining. I suppose if a lot of other people come to the same conclusions, and start buying instead of mining, the price will start to rise. I guess that would settle my concerns some.

Thanks - is this for Linux or Windows? If Windows, 64 bit or 32 bit?



This is true for the most part, unless you get in right at day 0. Having said that, I still feel Monero is undervalued, so I leave all my rigs mining. Who knows where it may go down the line, I don't want to look back and kick myself for not getting what I thought was a relatively small amount at the time. That and for the decentralisation as you mention.

pool difficulty goes up and it takes more time to find shares. If you let it mine it should be okay after a while.

http://extremepool.org is up and stable, running latest pool code

thank you SO much, it is now working as intended! You must launch the bat as many times as the cores you have in cpu , is that right? Should I mine in another pool other than official?

Last but not least, I tried opening simpleminer with same commands in another PC, using same address, but it never launched. I guess I have to do same steps setting up a wallet, instead of just running it? I mean synchronizing to network before mining

where can I look to see how many monero were given for a particular block?

If you mine with moneropool.org, please point your miners to the subdomains mine.moneropool.org or pool.moneropool.org instead of moneropool.org or www.moneropool.org. In ~24 hours mining on moneropool.org and www.moneropool.org will not work as those subdomains will be web servers only.

I edited and asked you in the other thread but you may not saw that. Did you recompiled cpuminer today? Cause it has many changes from yesterday.