NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
Dear mining community, I’m frustrated. Need help with this. Mining for over a month. Best pool in my opinion. But my monero stuck for over 1 week there. I tried to switch to dash. Or bitcoin. Etc and other coins still change to selected coin. But my monero stuck there and I can’t do anything.
Emin Gün Sirer: “Bitcoin seemed like the best, most robust protocol for building decentralized systems. But now we have Avalanche. Bitcoin is barely able to decentralize itself to more than 19 mining pools, while Avalanche will scale from thousands to millions.”
Thoughts on the best pool to join for Bitcoin mining
I'm putting my feet into mining with an antminer s9 and my plan is to join a mining pool. What are your current recommendations for a pool to join? I was trying to do some research but it's not so clear. Lot's of dated info. What pool are you mining for and why?
[uncensored-r/Bitcoin] Best Investment for 250.000 $? Mining Farm, Cloud Mining or Pool Mining?
The following post by CryptoWorldFan is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7k9hfi The original post's content was as follows:
12-16 21:02 - 'Best Investment for 250.000 $? Mining Farm, Cloud Mining or Pool Mining?' (self.Bitcoin) by /u/CryptoWorldFan removed from /r/Bitcoin within 0-5min
''' Hello dear community, Me with my friends are discussing since Month's what would be the best Investment in Crypto Currencies with best ROI. We went trough different Szenarios and Ideas as for example even to start own ICO in Europe and so on. But first we would like to get into the Mining. Some of friends want to build own Mining Farm with electricity cost 0.11 $ or other part wants to be a part of a Mining Pool or take the Chance at Cloud Mining. I am really curious what you guys think, as we are almost up to have own Mining Farm with our own Pool. I would really appreciate, if guys could guide us a little bit and tell the contras and pros, or any suggestions. Kind Regards CRYPTOWORLDFAN ''' Best Investment for 250.000 $? Mining Farm, Cloud Mining or Pool Mining? Go1dfish undelete link unreddit undelete link Author: CryptoWorldFan
I know very little about mining, but I'm interested in perhaps buying a rig for home and pointing it to the new Bitcoin Unlimited pool. Suggestions for getting started, like best rigs, best sites to buy, etc? Thanks in advance. /r/BitcoinMining
/r/Monero Weekly Discussion – September 19, 2020 - Use this thread for general chatter, basic questions, and if you're new to Monero
Wallet: CLI & GUI
1. General questions
Where can I download the Monero wallet?
There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files when possible. Please note the following usage of the labels: ⚠️ - Relatively new and/or beta. Use wallet with caution. ☢️ - Closed source.
"Official" GUI / CLI
Windows, macOS, Linux
Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.16.0.3 / 0.16.0.3.
Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.
How can I prove that I sent a payment?
The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).
How do I buy Monero (XMR) with Bitcoin (BTC)?
There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.
How do I buy Monero (XMR) with fiat?
Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.
How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?
There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration. That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.
How do I mine Monero? And other mining questions.
The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.
2. Wallet: CLI & GUI
Why I can't see my balance? Where is my XMR?
Before any action there are two things to check:
Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
Is your wallet fully synchronized? If it isn't, wait the sync to complete.
Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized. You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait. If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.
Why does it take so long to sync the wallet [for the first time]?
You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization. Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).
I don't want to download the blockchain, how can I skip that?
The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld. Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy.A remote node can't see your balance and it can't spend your XMR.
How do I restore my wallet from the mnemonic seed or from the keys?
To restore your wallet with the 25 word mnemonic seed, please see this guide. To restore your wallet with your keys, please see this guide.
3. Wallet: Ledger
How do I generate a Ledger Monero Wallet with the GUI or CLI?
This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.
How can my local node become a public remote node?
The hash rate distribution is best when split among more Bitcoin mining pools. Bitcoin Mining Pool Hash Rate Distribution. Bitcoin Mining Pool Options. For a fully decentralized pool, we highly recommend p2pool and Multipool.us. The following pools are believed to be currently fully validating blocks with Bitcoin Core 0.11 or later: To start mining in the pool, a person should select one, join it and ask for an assignment. To be able to do that, it is necessary to create a wallet to get payments and obtain BitCoin mining software. Every work performed is paid, but miners usually get cryptocurrency for it instead of blocks or their pieces. List of Best Bitcoin Cloud Mining Sites (updated as of 25 January 2020) When investing in bitcoins, one needs to consider finding reliable websites to mine bitcoins in the cloud and generate cryptocurrencies periodically and safely.The problem with this type of investment is making a decision and betting on a site where cryptocurrencies won’t be in danger of disappearing overnight. A mining pool gives you the opportunity to join a network of other miners in a collective effort to earn Bitcoin or cryptocurrencies by solving/discovering a block on the Blockchain. Due to the increase in mining difficulty halving that happens each year to Bitcoin, the best way to achieve a consistent profit is by joining one the mining pools ... What is a Bitcoin Mining Pool? If you already read our guide on Bitcoin mining, you know that new Bitcoins enter the circulation as a “prize” for a miner who manages to guess the solution to a mathematical problem.The winning miner get to add the latest block to the blockchain and update the ledger.. By design, the more miners you have, the more difficult the problem gets, and vice versa.
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