this post was submitted on 24 Jul 2023

7 points (100.0% liked)

Monero

1677 readers

28 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago

MODERATORS

[email protected]

7

[Mining] Shared Pools vs P2Pool (lemmy.ml)

submitted 1 year ago by [email protected] to c/[email protected]

9 comments fedilink hide all child comments

How still people using shared pools and not p2pool? Is there a significant advantage?

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 1 year ago

the last part is not true. after a certain hashrate, pools will be finding blocks far more frequently than miners can reach payout thresholds and the pools hashrate being larger doesnt provide any benefit.

p2pool is way past that point, with its other benefits I still see no reason to use a centralized pool when tools like gupax are easier than configuring xmrig yourself.

the reason so many miners use centralized pools is because of poor education and people not wanting to update their stuff. when you search "how to mine monero" you get outdated guides for centralized pools that often dont exist anymore.