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npub12rzu...hrv9
npub12rzu...hrv9
Nostriches hate zapping away their precious #Bitcoin. Why not #monero?
"The good news about mining XMR is that any standard computer can become a miner. Miners do not require ASICs to mine #Monero. To become a miner, you will need to use special software for mining monero. Miners verify transactions on the Monero blockchain, helping generate the next block on the network. They are rewarded with XMR. It’s important to note that monero doesn’t have a hard cap, like bitcoin, which has a fixed supply of 21 million. Mining helps to secure the Monero network. This is why there is technically no fixed supply for XMR. Verifying transactions allows miners to receive rewards, even after te max supply has been reached. Since all monero coins have been discovered (~18.132 million XMR), the monero mining rewards have a fixed value. Since May 2022, A “tail emission” generates 0.6 XMR rewards per block infinitely to keep miners motivated. This translates to <1% inflation decreasing over time. A new block is mined every two minutes, and the reward is 0.60484 XMR, indefinitely. Since all the Monero supply is already in circulation, the block rewards will not change anymore. This feature is hard-coded into the source code."
#Monero is not based on #Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. IT'S NOT A FORK OF BITCOIN!
Good morning #Nostr! Have a fantastic day today 🔥 #ZinZin #Catstr image
Curious. How many #Monero users have installed Garnet the amethyst fork? I'm hesitant. I'm concerned about loosing access to my nouns in a bug/glitch. Just my paranoia.
image Will paint from the heart for #Monero #Artstr #AbstractArt 8AcLM1sJUAtVKtvHTGn3vpiDAbuwbQVicPuZ8WuuWygeBpDNasaJyeXARHYPFgGxMACD17PMFht8C4fDgTTv6EgsKkZEgZL
Hard nosed #Bitcoin believers dropping out of my followers. Money, is a tool you fool. Fuck your cult. I'll use fiat for fiat shit. I'll save in BTC. For everything else, there's #Monero #Freedom #Privacy
With #Bitcoin in a class of its own; no second best, I present this. Cash is king, they say. #Monero is money, P2P cash Therefore, Monero is King.