Everything about XMR Mining
DO NOT USE LARGE POOLS. Decentralization is important for the Network, so always check you dont mine on a Pool that has close to 50% of Network Hashpower
You can see all available Mining Pools at
https://miningpoolstats.stream/monero/My prefered mining Pool is Monerod. It is small and has NO FEES
Moneros algorithm, rx/0 is best mined with XMRIG
rx/0 uses CPU Mining Power and is ASIC Resistant-> Consumer grade minable
Wizardswap offers Exchanges for Monero if you want to swap Monero into other Currencies or get more to get yourself started in the Ecosystem
The Pool Moneroocean Makes you able to get more XMR for your Hashpower but does not directly Support the Network. This works by Mining other Coins that make more Profit and swapping them to XMR before you get your Payout. They have their own algo switching Version of XMRIG. Download and Setup is explained in their Help Section. If you want to Support me you can also add a %1%83aqnv29w8RCqY8DD61L29GNx3wJsvnquEC8pK5PGSR79cAjdFywsKPDBKoAa21hLASfg1ZqWXrspjaY9zseUvtrH2nKwPp after your Wallet Adress in the Config. %1% Determines the Percentage of your hashrate you are donating to me (1%). You can also Change this Value. after the second % There is my Donation Adress (The Adress you Donate the % of Hashrate to).
Mining on the Network secures Transactions and gets you some sweet Monero
You can either Mine in a Pool, where you mine together with others and split the Rewards or SOLO
If you have larger Hashrates around 20 kH/s i recommend solo mining or using https://p2pool.io/#pool (With P2Pool everyone Solomines and splits Rewards instead of bundeling Hashpower like other Pools do). It needs a bit of Setup but Supports the Network a lot.
Also you can avoid Fees, which most Pools have (from 0.5% to 5%) But there are also Mining Pools without fees.
rx/0 (the XMR Algorithm) uses CPU Power. Especially Server CPUs have very high Hashrates because they are made for this kind of Task.
Tutorial: How to start mining Monero using Monerod Pool
(If you are lazy and are just here for Profit use Monerooceans Installation Script, not recommended especially on your Home Machine because its made for Servers or Dedicated Machines)
Download XMRIG at https://xmrig.com/ then go to the setup Wizard Section at https://xmrig.com/wizard NEW CONFIGURATION-ADD POOL-CUSTOM POOL-mine.monerod.org Port: 4444 TICK TLS, Paste your Wallet Adress into the User field and leave the Pass field empty. Now go to the "Misc" tab and set how much you want to donate to the XMRIG DEVS. Go to Result, Download the File and paste it into your XMRIG Folder.(extract XMRIG.zip First) WINDOWS ANTIVIRUS FLAGS CRYPTOMINERS SO SET THE XMRIG FOLDER AS EXEPTION IN YOUR ANTIVIRUS. Now start the Miner as Administrator and Enjoy your XMR. Payouts will happen to your Wallet. CHeck your hashrate by logging in with your Walletadress on monerod.org.