Use p2pool
Monero Mining
Thanks!
We are all about decentralization here so everyone will tell you to use p2pool. Mining on someone else's server is meh. There is an easy to use GUI if you are not too familiar with command line @ https://gupax.io/
P2pool requires a monero node, because you are really mining and creating blocks. You can use a remote node if you do not have your own, you should have your own anyway though.
With p2pool there is no need to worry about server locations because it will automatically connect to fastest peers, plus it never goes down and there is not "payout issues" because you get the actual coinbase.
Terrible advice. P2pool isn't going to change the fact that monero mining is 100% non-profitable. Hydro rates will take YEARS to make back OPs investment.
Not profitable for you. The thousands of miners currently mining Monero would disagree.
I have a 3700X, it would take a year for me to make enough for a payout on any pool
Not on p2pool, you get paid out instantly anything you earn, and there is also a free hashrate raffle where you can win like 1/MH/s and boost your earnings.
I couldn't get the node running on my PC with p2pool and gave up. I'll revisit it when I'm more patient.
try gupax from gupax.io, its a one click solution. highly recommend.
I'll have to reattempt gupax. I fumbled my way around it, couldn't get it to work right. I'll have to dedicate an evening, relax and take a systemic approach to get it squared away. I'm sure I messed something up that's trivial, but I got disheartened and just went back to XMRig. Gotta try harder next time. Good suggestion, from what I read, Gupax is stupid easy to get going. I don't know where I went wrong.
^This was my sentiment regarding Gupax . I'm sure if I just slowly go at it I can overcome my lackluster mining experience and make it work.
I'm happy to support the network, I know I'm playing the long-game when it comes to ROI. I splurged on this machine to retire a 2011 build, and although I mainly use it for general computing, I'm mining 24/7 and this bad boy just won't slow down. I'm ecstatic.
Your hashrate doesn't get lower if the difficulty changes, perhaps you reverted some RAM overclock setting by clearing the BIOS?
I too would recommend you mine to p2pool mini as you should see payouts rather quickly. 2 Months of 18.000 h/s and 0 XMR is definitely wrong.
Thanks so much MoneroBull! So good to see you! I have enormous respect and admiration for ya, you're a great person, and such a jewel in the community! I'm trying to find an EPUB or something to learn the in's and out's of mining Monero. I'm also walking through SerHack's "Mastering Monero"... do you know if mining broken down in it? I'm only on Chapter 1 at present.
Thanks for the praise 😅 I am not sure if mastering monero touches on mining, I actually haven't read it yet :P
Try p2pool, I get several payouts a day with that hashrate. Bonus because theres no pool or transaction fees, and its better for the network.
Oh my Gucci- I just got a payout with the Monero GUI local node + miner, using P2Pool Mini! This is the first fruit of my labor! Seizure for Jesus, I finally did it!
congratz man! hope mining goes well for you in the future.
I should note that the miner in the gui wallet isnt as fast as xmrig because it lacks huge pages, maybe you can point xmrig to the p2pool instance running in the gui? not too sure. you can try and figure that out if you want.
Also you might want to consider the main p2pool with your hashrate, should be fewer inputs to consolidate and save on fees.
what about just solo mining? is that not a good option for OP?
chances of finding a monero block with such a low hashrate may leave them mining for months with no payout, I would not even attempt solo with anything lower than 100 kh/s
Thanks Tusker! Appreciate your wisdom in this matter.
Thanks for a thought-provoking question! From what I'm gathering, it's not practical for me to solo mine with my rig. But thanks for chiming in!