submitted 1 month ago by ArseneSpeculoos@monero.town to c/monero@monero.town

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A Monero donation fund to rent hashrate
by xenumonero a.k.a anti moonboy

**b*cs marathon is over. They accomplished an 8 and 7 block reorg, but this is nowhere near their claims of having "51% domination". Total reorgs were far less than last Monday. They have one more marathon until their halving, which will impact miner profitability.
It does seem that an ongoing ddos attack has slowed them down (their bagholders are whining about it). Nonetheless, I expect them to go all out on Monday as they are starting to lose the narrative

Let's donate now, not when we are panicking because they are approaching 50%.

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[-] orange_horizon@monero.town 3 points 1 month ago

While I do appreciate what xenumonero does for the Monero community a lot, I do have some reservations about this method of defending. Renting hash rate works for an attacker because it pulls the hash rate towards their pool. But how much of the hash rate this fund rents was not already mining Monero? If I had a miner out for rent it would be mining all the time if not for someone else, then for me.

Do we have any stats that can show what percentage of the rented hash rate actually increases the network hash rate?

[-] kopv@monero.town 3 points 1 month ago

valid concern. I believe he is talking about renting vps from google or amazon or whatever and use them to mine. but thats just me

[-] ArseneSpeculoos@monero.town 1 points 1 month ago

He was using moneroocean, I am not sure if he moved to something else now.

[-] ArseneSpeculoos@monero.town 1 points 1 month ago

Xenu was using moneroocean and you can actually visually see the bump in hash on mining pool stats when he started.
It's true that this effort would have been even better if we had a way to outbid the hostile mining pool when they start their attack.
This is still a valid and valuable effort IMO.