Start Mining For Monero XMR

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– – – Quick Links Resources • • • • • Desktop Wallets (Official) Web Wallets • Mobile Wallets • • • • • Hardware Wallets • • Why Monero? 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.

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Monero Communities Other Communities • • • • • • •. You can pretty much make 2 rigs for the price of one they're offering as complete build, just take a look at the components you need yourself and assemble it. Go for AMD cards, if you're on a tight budget, it's better to get 2nd hand generations of HD 7850s and up, R9 270s, etc. There are 1 to 4 pcie riser boards so you can expand up to 8 gpus on a mb that has only 4 pcie slots, as for the cpu, they still provide decent hashpower, so getting something like an AMD FX 6300 and up, and putting it to mine with the gpus will also work.

It's modestly 'worth it' with it the numbers I gave you. Are those hashing results better or worse than I quoted? I'm not sure what a 'mining rig' is for cryptonote. A pre-assembled multi-GPU workstation? You'll want to verify those hash benchmarks amongst the community. What you also need to consider is what you do with the equipment if the difficulty jumps and mining is no longer profitable for you. I can sell off some of my servers, run other services per my interests.

What can you do with a 'mining rig'? How dependable is the equipment? Off lease servers were designed for production environments. A mess of special purpose riser cables, stressed consumer GPUs and power supplies sounds like a headache.

At the end of the day, profitable mining is just 'buying' the coins at the applicable discount. Is buying coins at a 40% discount, limited to x coins per day worth sinking $N in equipment depreciation?