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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: igotek on October 01, 2016, 10:25:22 AM



Title: Monero Mining on Windows x64
Post by: igotek on October 01, 2016, 10:25:22 AM
Hello;

1-Should I have to run monero node to mine XMR ?
2-Should I define the wallet in my computer or the wallet in https://mymonero.com ?

Thanks for the informations.


Title: Re: Monero Mining on Windows x64
Post by: YIz on October 01, 2016, 10:34:49 AM
Hello;

1-Should I have to run monero node to mine XMR ?
2-Should I define the wallet in my computer or the wallet in https://mymonero.com ?

Thanks for the informations.

You don't need to run a node, nodes are for solo mining. use a pool. You can download the official wallet or use mymonero, both are okay.


Title: Re: Monero Mining on Windows x64
Post by: igotek on October 01, 2016, 11:06:16 AM
in pool mining, I see some information at the https://moneropool.com/

Payout threshold reduced to 0.4 XMR. Auto payments every 6 hours.

This means if i have 0.1 XMR in mining, there will be no any balance in my wallet ?


Title: Re: Monero Mining on Windows x64
Post by: YIz on October 01, 2016, 11:29:10 AM
in pool mining, I see some information at the https://moneropool.com/

Payout threshold reduced to 0.4 XMR. Auto payments every 6 hours.

This means if i have 0.1 XMR in mining, there will be no any balance in my wallet ?

Yes, the monero will be sent only when you reach 0.4 XMR. you can use another pool if you wish.


Title: Re: Monero Mining on Windows x64
Post by: Confusman on October 03, 2016, 06:51:03 AM
Noobies here. Can i know between solo and pool which one more profitable


Title: Re: Monero Mining on Windows x64
Post by: altcoinhosting on October 03, 2016, 07:17:21 AM
Noobies here. Can i know between solo and pool which one more profitable

In the long run, solo mining should be more profitable... Especially if you have enough hashrate.
The difference: when you solo mine, you should run a full node, when you find a block, you get the full reward, if you find nothing, you get nothing. If you have little hashrate, there is a chance you'll never find a block, so you'll never get any coins (it's more of a lotto mining setup in this case). With loads of hashrate, you'll probably find a block from time to time.

If you pool mine, you usually pay between 0.5 and 1% poolfee, but you don't have to worry about running a node, and the block reward gets split between all pool miners, so you usually get a steady income of coins. A second difference is that some pools keep the miner fees for themselfs, while others also share the fees with their users.