What Do You Need To Mine Monero XMR

What Do You Need To Mine Monero XMR

Posted on 12/22/2017by admin

Monero (XMR) is a unique cryptocurrency with several features that have made it popular to mine. Unlike many public ledger cryptocurrencies, such as Bitcoin, the source and destination addresses of transactions sent using Monero remain private. Monero is also ASIC resistant making it possible to mine using standard CPU, and GPU hardware found in modern PCs. Mining Monero can be a fun and easy way to generate some extra income using the computer hardware you already own. Since you won't need to invest in expensive ASIC hardware (which can quickly become obsolete) your risk of losing any money is limited. While it is possible to mine for Monero on many different operating systems this article will focus on mining using computers running Microsoft Windows 10.

The XMR-Stak mining software supports mining on both CPUs and GPUs. Rx 480 Emercoin EMC Mining on this page. GPU mining will generate significantly more hashes per second than CPU only mining.

What Do You Need To Mine Monero XMR

Generally, AMD video cards will outperform most Nvidia based GPUs when it comes to cryptocurrency mining. The AMD Vega series cards such as the Radeon Rx Vega 64 are currently among the top GPUs for mining Monero, although they are currently quite difficult to find due to high demand from miners.

Before considering an upgrade I recommend running XMR-Stak to determine the hash rate your current hardware can generate. You can then use this information as a baseline to determine if you should upgrade your hardware. Can help you estimate your potential earnings from mining while taking into account factors such as electricity costs and mining pool fees.

Before you can start mining for Monero you will need to create a wallet to store your earnings. If you already have a Monero wallet you wish to use then you can skip this section. The official Monero wallet software can be downloaded from. Download the Windows 64-bit version of the Monero client. After downloading the client ZIP file you will need to copy the contents of the ZIP file to your computer. I recommend placing the monero-gui folder in C: Program Files. Finally, launch the monero-wallet-gui.exe file to start the wallet setup process.

XMR-Stak is a highly optimized, open source, stratum based pool miner. In addition to Monero XMR-Stak can also be used to mine the following altcoins. • Aeon • Electroneum • Intense • Sumokoin XMR-Stak is very beginner friendly since it requires no manual editing of config files to get started. It also generates higher hash rates than many other mining clients. By default, XMR-Stak donates 2% of the hash power (2 minutes out of every 100 minutes) to the developer's pool.

Monero is a cryptocurrency similar to Bitcoin and in this blogpost we’re going to have a look at how to mine some Monero. To Mine Monero (XMR). Need to log in. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? Today we're going to show you how to mine Monero on a Mining Pool. Monero (XMR) is a Cryptonote algorithm based cryptocurrency, it relies on Ring Signatures in order to provide a certain degree of privacy when making a transaction. Monero is a Proof of Work cryptocurrency that can be miner with computational power from a CPU or GPU. How to mine Monero (XMR) on any pool. Gpu Electroneum ETN Mining Rates. In this video I will show you how to mine Monero or any CryptoNight based coin on pool. First you need to find pool where to mine. In description of the video I will point some pools. Some are good, some are not too good but you will need to test them and choose what pool is.

If you wish to change the donation level or disable it completely then you will need to edit donate-level.php and compile XMR-Stak using the modified source code. When XMR-Stak launches for the first time the configuration wizard will start. Enter the information below to configure the miner. These settings will configure the client to mine at the popular SupportXMR mining pool.

SupportXMR charges a very competitive pool fee of.6%. A list of alternative mining pools can be found. • Currency - Monero • Pool address - nyc02.supportxmr.com:3333 • Username - Enter your Monero wallet ID (found in the receive tab of the Monero client) • Password - Enter Name:youremail@gmail.com • TLS/SSL support - N • Nice hash - N • Do you want to use multiple pools?

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