Privacy

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A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

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Mining monero on old devices. (programming.dev)

submitted 1 day ago by dry_water@programming.dev to c/privacy@lemmy.ml

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Is there a realistic way a person having an old computer and cheap (but not free) electricity can actually mine monero equal to some amount which can be used to donate to good service providers or purchase services?

I keep hearing about low reward to effort ration, but can I get a respectable amount in let's say a year without having to deanonymize myself by going to a Centralised exchange?

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[–] icelimit@lemmy.ml 1 points 1 day ago* (last edited 1 day ago) (1 children)

Cash has unique id to reach bill, which can be logged on withdrawal, final point of reentry system can be logged. Of course, everything in between is unclear. But with enough re-entries at various points in time, a fuzzy picture is possible. Especially with multiple sources of withdrawals going through a common mid point.

[–] BCsven@lemmy.ca 2 points 1 day ago* (last edited 1 day ago)

Sure, but nobody is checking that, and if you were such high profile that you thought somebody would be, you just stop a few stranger and ask for change for a 20 etc and the numbers tracking will dissolve quickly.

If you /OP are that paranoid about cash, crypto is worse, its a full ledger of every transaction.

And mining it is not anonymity because the proof you mined it has to be checked in the entire system.