You are now mining Monero! You can view all of the commands available by typing "minerd -help". You have to replace "YOUR_WALLET_ADDRESS" for your actual XMR wallet adress. Step 4: Now that our command line window (miner) is ready to go, all we need to do is type in the command: "minerd -a cryptonight -o stratum+tcp:// : 3333 -u YOUR_WALLET_ADDRESS -p x". By doing this you'll be given an extra option " open command window here", click it and a command line window will appear. zip file, you'll need to hit ctrl + right mousekey. Step 3: Now, inside the miner folder we have just extracted from the. You will be left with a folder like the one below. For this section of the guide we are going to use Wolf's CryptoNote open souce CPU Miner, since it's the one that has the provides the best results. Part 1 - CPU Mining Step 1: Download the mining software. Today we're going to show you how to mine Monero on a Mining Pool.ĪMD Graphic cards are optimal for Monero Mining, but you can also mine it with a Nvidia GPU or CPU. To allow users to get the most profit for their specific hardware we will use a different software that was created for each of this options. Take a look at our Mining Pools section to compare pool features, fees and reviews. Users that have enough hardware or simply want to mine solo can also benefit from solo pools which function in the same way as normal solo mining, but don't require users to run a full node or store the entire blockchain. We are going to use MoneroHash for this guide, but you can use any pool you like. Users that don't have enough computational power may have to wait long periods of time before getting a reward, in a pool users pull their efforts together in order to reduce variance and have a steady flow of income. Mining on a pool usually comes with a fee but also has it's advantages. The first thing you need to think about is if you are going to mine solo or on a pool. ![]() There are currently no ASICs for Monero, which means that anyone with a computer can mine it. Monero is a Proof of Work cryptocurrency that can be miner with computational power from a CPU or GPU. 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.
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