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What is Monero?How to mine Monero?

Monero was launched in April 2014. It was a fair, pre-announced launch of the CryptoNote reference code. There was no premine or instamine, and no portion of the block reward goes to development. The founder, thankful_for_today, proposed some controversial changes that the community disagreed with. A fallout ensued, and the Monero Core Team forked the project with the community following this new Core Team. This Core Team has provided oversight since.

How to mine Monero ?

One of Monero's philosophies is to maintain egalitarian mining, so that everyone can have the possibility to mine. To achieve this, Monero uses a particular algorithm ideated and developed by members of the Monero community: RandomX. This PoW algorithm is ASIC resistant, which means it's impossible to build specialized hardware to mine Monero. Miners must use consumer-grade hardware and compete fairly.

Monero can be mined by both CPUs and GPUs, but the former is much more efficient.


BTC
Shut Down
Issue amount 21000000
24 hours volume 650.44K
24 hours turnover $ 61.41B
Market Direction Short
Panic Index 56 (Greed)
Swap Rate 3.27%
Market Value Proportion 63.49%
market value $ 8,879.53 x 100 million
24 hour increase 3.06%
Computing power 884.40 EH/s
daily output 0.00000051 BTC / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
LTC
Shut Down
Issue amount 84000000
24 hours volume 6.69M
24 hours turnover $ 568.02M
Market Direction Short
Swap Rate 8.82%
Market Value Proportion 0.21%
market value $ 35.60 x 100 million
24 hour increase 3.78%
Computing power 2.40 KH/s
daily output 0.00000348 LTC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
BCH
Shut Down
Issue amount 21000000
24 hours volume 777.96K
24 hours turnover $ 284.17M
Market Direction Short
Swap Rate 3.91%
Market Value Proportion 0.24%
market value $ 32.46 x 100 million
24 hour increase 4.65%
Computing power 3.32 KH/s
daily output 0.00012667 BCH / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
FIL
Shut Down
Issue amount 2000000000
24 hours volume 113.25M
24 hours turnover $ 310.68M
Market Direction Short
Swap Rate 17.07%
Market Value Proportion 0.06%
market value $ 28.64 x 100 million
24 hour increase 7.58%
Computing power 22.63EiB
daily output 0.00360000 FIL / TiB
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
XCH
Shut Down
Issue amount 21410000
24 hours volume 588.41K
24 hours turnover $ 6.79M
Market Direction Short
Swap Rate 8.89%
Market Value Proportion 0.00%
market value $ 1.22 x 100 million
24 hour increase 5.17%
Computing power 14912.60839843 PiB
daily output 0.00024015 XCH / TiB
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
ETC
Shut Down
Issue amount 210700000
24 hours volume 9.43M
24 hours turnover $ 157.62M
Market Direction Short
Swap Rate 6.36%
Market Value Proportion 0.08%
market value $ 17.18 x 100 million
24 hour increase 4.22%
Computing power 301.22 TH/s
daily output 0.00004385 ETC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
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