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.
World hash rate
Pool hash rate
Blocks mined (total)
Last Block Found
Exchange rate (avg. price)
1 XMR = 0.00614700
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
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