What is the recommended hashrate for mining Monero?
seif samehDec 18, 2021 · 3 years ago3 answers
I'm new to mining Monero and I'm wondering what is the recommended hashrate for mining this cryptocurrency? Can someone provide some guidance on this?
3 answers
- Dec 18, 2021 · 3 years agoThe recommended hashrate for mining Monero can vary depending on several factors such as the mining hardware you are using, the mining pool you are connected to, and the current network difficulty. Generally, a higher hashrate will result in more frequent mining rewards. However, it's important to note that Monero is designed to be mined using CPUs rather than GPUs or ASICs. So, if you're planning to mine Monero, it's recommended to use a CPU with a high hashrate. You can check the hashrate of your CPU by using mining software or online calculators. Keep in mind that mining Monero can be resource-intensive, so make sure you have adequate cooling and power supply for your mining rig.
- Dec 18, 2021 · 3 years agoWhen it comes to mining Monero, the recommended hashrate can vary depending on the current network difficulty. As of now, a hashrate of around 1,000 hashes per second (H/s) is considered to be a good starting point for CPU mining. However, it's worth noting that the hashrate required for profitable mining can change over time due to factors such as network difficulty adjustments and the price of Monero. It's always a good idea to stay updated with the latest mining trends and adjust your mining setup accordingly.
- Dec 18, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the recommended hashrate for mining Monero is around 2,000 hashes per second (H/s) for CPU mining. However, it's important to note that this is just a general recommendation and the actual hashrate required for profitable mining can vary depending on various factors. It's always a good idea to do your own research and consider factors such as electricity costs, hardware efficiency, and network difficulty before starting to mine Monero.
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