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Feel free to hawk your wares in or on - this means no group buys either. As common as it is in Bitcoin Mining, it is far too risky to be carried out over reddit. • No verbal abuse. If you don't have anything nice to say, it's best not to say anything at all. Remember, we were all newbies once. Mining isn't exactly a trivial venture.

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In this post, I will be going step-by-step in order to show people how to properly mine Monero (XMR). If you want to learn more about the idea behind Monero. [XMR] Monero - A secure, private. I highly suggest you just install ubuntu 13.10 alongside whatever your linux os is and mine with that, and if you want to use the.

If there is a new alt coin out, this is not the place to discuss or promote it. If you have questions about mining that altcoin, feel free to ask as long as it is also somehow relevant to Monero. • No short-URLs. Nobody should have to trust you before clicking on a link. URL-shortener services serve no use on Reddit as there is nothing restricting the size of your comment string. • No begging. Do not ask for other people to mine for your address.

Today we're going to show you how to mine Monero on a. Once xmr.conf file is configuredyou need to go inside the miner folder we have extracted from the. XMR-Stak is somewhat of a go-to miner if you mine Monero or Aeon on. Disabling xmr-stak Developer Donations. Now, if you want to be nice you probably want to cut. Jan 27, 2018 - If you would like to know how much can you earn by mining Monero then use our Monero mining calculator. At any one mining pool. The examples below use the 'stratum+tcp://pool.minexmr.com:4444' address for the mineXMR.com pool. Cpuminer-multi Linux CPU mining, alternative to xmr-stak-cpu.

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• Now that all that is out of the way, we work hard to make this a welcoming, collaborative atmosphere. Feel free to ask questions, even if you think they are stupid. We encourage you to. Related Subreddits & Forums Chats IRC: Other. It depends (as always).

I suggest nicehash with GPU and xmr directly with CPU. You'll get the lower fees (depending on pool) for xmr while always getting the highest profit, paid in Bitcoin with minimal effort. Since there is no competing CPU algorithm that's remotely profitable, switching CPU algorithms is not something you have to worry about.

Note that xmr probably won't be the most profitable coin forever -- even if it doubles from here, it won't be long before the influx of hash power chasing profits brings the difficulty up to push it back in line with the others. The biggest downside is that it'll take over a month to get to a payout, especially if you wait until 0.25 BTC to minimize nicehash withdrawal fees. That's not the end of the world, but if you value faster payout (i.e. You think a crash is coming and you're looking to cash out the coins you earn), it's worth considering.

• • • • • • •. It all depends on what your most profitable algo is based on your setup, but. Contradictory to common sense at this moment it is more profitable to do something else than to mine monero directly no matter what your setup (today is the first day I've seen it like this, but I don't expect it to be the last). If you have a setup that is most profitable mining the cryptonight algo then point it towards nicehash, and use shapeshift to convert to monero, because they are paying about 10% above what you can make mining directly as of this writing. If you have a setup that is most profitable mining another algo besides cryptonight AND it is one of the algos on miningpoolhub, then point it towards MPH and do the autoexchange to monero.

If you have a setup that is most profitable mining another algo that's not on miningpoolhub, but is on nicehash, then point it towards nicehash and shapeshift your bitcoin to monero. If you have a setup that is most profitable mining another algo that's not on miningpoolhub or nicehash, then mine your most profitable coin directly to your exchange wallet and exchange it for xmr.

– – – Quick Links Resources • • • • • Desktop Wallets (Official) Web Wallets • Mobile Wallets • • • • • Hardware Wallets • • Why Monero? LBRY Credits LBC Mininf. Monero is secure. Monero can't be hacked to steal your funds, due to the power of distributed consensus. This means that you are responsible for your own money, and don't have to trust any entity to keep it safe for you. Monero is private. The power of the blockchain usually increases security at the cost of privacy, but with Monero's sophisticated privacy-centric technology, you get all of the security benefits of the blockchain without any of the privacy trade-offs.

Monero is untraceable. By taking advantage of ring signatures, Monero makes it ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to any particular user. Monero is fungible.

Because of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors. Guidelines • Breaking the guidelines may result in a deleted post and possible ban. • Follow redditquette and the rules of reddit. • Only Monero-related topics/links. • No memes/image macros. • Downvotes are for bad information or rudeness, not casual disagreement.

• When mentioning other currencies, keep the discussion civil. • No posts on how many coins you own/lost. • Please direct support questions to. • For price/valuation talk, please use. Monero Communities Other Communities • • • • • • •. Nexus NXS Mining 101. If you want consistent mining rewards, you should join a pool and use a pool miner.

The 'getting started' page on most pools will point you to the right software. If you mostly want to help the network and are happy to 'play the lottery' on whether you get any rewards or not, then you should solo mine using the wallet. Start the daemon, create a wallet, and type 'start_mining [number-of-threads]' in the wallet.

If you have a suitable GPU and want to use that, you will have to pool mine (there is no solo mining support for GPUs). Pool mining with a GPU and solo mining with a CPU is a nice middle ground between pooling and soloing. Going to hijack slightly. This question can be for anyone. I have solo mined Monero before in the past. I am interested in joining a pool and using a pool miner as you mentioned.

I am new to pool mining. Is there a specific mining pool and 'pool miner' you could direct me to that would be the best? Is there already a guide somewhere? Also, what exactly is a 'suitable' GPU? I hear AMD is superior, but I have an Nvidia 980ti. Anyone know if this will be good for mining?

Last thing is, I am using Linux, just thought I'd mention in case that matters for any reason. There is a list of recommended pools in the first post of the ANN thread on bitcointalk. Any of those is fine, although smaller ones are better for the network and probably better for you (you will get less frequent payouts but they will be larger, so less issues with dust/fees).

As far as suitable GPUs, any modern AMD and NVIDIA cards work, but only NVIDIA cards have an open source miner (which may or may not matter to you). I don't know which are better at this point.

In the past AMD cards were faster but NV cards were slightly more efficient.