Monero (or "Moneroj" in the plural) is a very promising coin for miners, because it’s based on the CryptoNight algorithm (Proof-of-Work) and could be mined on CPUs, rather than on expensive GPUs. Moreover, you can mine Monero on both of them simultaneously and significantly increase the overall hash rate by doing so.
This means anyone with a decent computer or laptop can successfully mine Monero and make a profit out of it. Plus, Monero mining process is much more decentralized and makes it harder to get large amount of hashing power by a person or group.
Monero is perfectly coded, privacy-focused and decentralized.
According to the latest Bloomberg research, Monero price is expected to reach $1500 per 1 XMR in 2019 due to the development of the Kovri Project, an overlay-network developed by Monero team. It is designed to effectively hide user’s connection data like geolocation and IP address.
Statistics
2.6GH/s
World hash rate
7.4MH/s
Pool hash rate
8151
Connected miners
127971
Blocks mined (total)
10months ago
Last Block Found
Exchange rate (avg. price)
1 XMR = 0.00539500
Advantages for miners
Low transaction fees
Unlimited emission of new coins
Transparent and community-driven development
Adaptive block size limit, i.e. network bandwidth scalability
Download Monero Mining Software
Join our mining pool with more than 8151 other Monero miners.
We provide the easiest GUI software available for Windows, Mac and Ubuntu OS, as well as commands for Console mining.
Monero devs had to change the mining algorithm a little bit to remain ASIC-resistant coin. That small change made it’s impossible to mine it simultaneously with XDN and FCN.
Good news! We support merged mining for Monero Original (XMO). You’re able to mine 2 currencies at once without the loss of hashrate for the main coin, thus you are making extra profit.
Monero mining pool server: stratum+tcp://xmr.pool.minergate.com:45700
Or download our GUI miner here and mine automatically.
There are two reward options for Monero: PPS and PPLNS. With 1.5% and 1% fees accordingly.
Sure! You can use any mining software you prefer, including popular ones like Claymore, XMR Stak or XMR Rig. However, keep in mind some miners may have developer fees.