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VoskCoin, Xmrstak-rx mines monero with 0% dev fees. (Xmrig has 1-5% dev fees)
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I've RYZEN 3900X and I'm getting 15000h/s by using free miner xmr-stak-rx hashrate is slightly better with this miner as compare to Xmrig.
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You can buy GTX 1060 which is pretty cheap as compared to others and you can still mine RYO with them even with 3GB memory. Thanks to its hash algorithm Cryptonight-GPU(Core dependent mining algorithm) which doesn't require high memory cards.
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Is it possible to mine monero with GPUs by using this miner (xmr-stak-rx)?
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Is it possible to solo mine monero by using this platform?
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Are there any manual settings required for this miner?
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I'm thinking you are doing day trading which is not good for long-term you may make huge amounts in a day but you can also lose more than that in the day, this is risky way you can make consistent money only if you invest in long-term. Being profitable and being a consistent winner are two different things.
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There are almost 100's of coins on this site and do you think are all worth to buy? I think it not ture, most of them are junk they don't have any use case and neither they have the potential for the future. I've never seen this project anywhere before not sure if it is legit or not but I would say keep your eyes on big-cap coins and also on low-caps which has some purpose and use-case.
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What do you think about free monero miner Xmr-stak-rx? if possible, can you please try and share your expert opinion on it?
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I think RagerX(Fastest monero mining platform) is better than Xmrig, why? Because it is easy to use and have built-in features miner don't have to mess with manual writing and the best thing is it can also help to increase hashrate more than 10% for every type of CPU. I only prefer mining monero with RagerX
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Don't fall in the trap of quick money look at the bigger picture and invest in the long-term crypto market is still young and growing fast and it can be very profitable in the long-term. I would say invest 80% of this money into bitcoin and 20% into low cap coins which can quickly pump 100x and sometimes more than that, that is the best way to diversify your portfolio.
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The most important thing to consider before picking up a GPU is to look at the Algorithm you are going to mine. For example, for Cryptonight-GPU(RYO) RX 5600 XT would be a good choice as compared to other algorithms because it is a core dependent mining algorithm and it is perfectly good for CN-GPU. So, if you thinking about mining Cryptonight coins such as RYO then I think RX 5600XT would be a good choice.
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Always good to see informative stuff on mining from you, I'm just a new guy into this mining but your channel is a good source to learn about mining, Really thanks for the efforts.
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For CPU mining I think monero will be a good choice but for extra hashrate try out mining with fastest monero mining platform RagerX, which is also easy to use due to its built-in features.
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I've tried today and i will say it is the best platform to mine monero. So easy to use and Hashrate is also increased, My plan is to stick with this.
Which CPU you have? and can you please share the results.
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Coins with low-difficulty and higher growth chances, Check out Ryocurrency(RYO), not all algorithms are good for 4GB card but in Cryptonight-GPU things are different because it is core dependent mining algorithm means it doesn't concern about GPU memory, it can be mined with low-memory cards. Give it a try and you will see the results.
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Try out cryptonight coins I think they are a good fit for RX 580.
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I have tried this platform with my Rayzen and it is really cool and working great, pulling out 10% extra hashrate. Good work
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Check cards one by one there would be something wrong with single cards and that's why it is affecting the whole rig.
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I'm mining monero with RagerX on Rayzen 7 and it is really going good, it is pulling out 10% extra hashrate. As far as I know, this is the fastest monero miner I've seen till now. Can you please try it and share your views on this platform if possible?
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