I decide to explain XRM mining for you, so I wrote this guide. this topic will be updated in 2 or 3 days, because; I will spend more time to describe XRM mining completely.
Monero (XRM) is a digital currency based on the CryptoNote algorithm based on Ring Signatures. The Ring Digest allows Monero to create significant privacy when doing a transaction.
Monero uses Proof of Work to produce a new Quinn. Monero can be extracted using the processing power of GPUs and CPUs. There are currently no specific ASICs for Monero.
Monero mining can be done with home systems, but you should not expect to be profitable. So for Monero's extraction, you need to use relatively powerful hardware and systems.
These days, using graphics cards is a better way than the processor. In the process of extraction with the graphics card, the speed is increased and costs are greatly reduced.
In general, Monro's cost-effective extraction process is as follows:
1- Providing a powerful hardware system or extraction rack
2. Create Monero wallets to extract extracted Monero
3. Start extraction by running the required software and joining the pool extraction
Gather hardware and install the operating system
Extracting is possible with home computer systems, but it is not at all cost-effective. Monero extraction is possible with CPU and GPU or graphic cards.
The miner's extraction with the CPU is almost outdated, and today miners are more likely to use graphics cards to extract Ethereum, Lightweight, and, of course, Monero. So, we've also provided graphics extraction training for you.
To extract Monero's cost-effective extraction, you should have a graphics card extractor. Rig means a pack of hardware. The graphics card is actually the same as a home-office case but with a high-end graphics card.
You can buy extracted pebbles in the ready form or collect and assemble parts yourself.
one simple rig is shown in below image
In general, a extraction sand includes the following parts:
1. Powerful graphics cards
The main part of the Rig extraction is its graphics card. You need a powerful graphics card to extract Monroe. AMD graphics are better than Nvidia graphics.
Amd Readon Rx series, is currently the best graphics card model for extraction. The RX580 and RX480 are good graphics cards for this model. You can use a variety of graphics cards, but you need to get some powerful graphics cards instead of buying a lot of low-end graphics cards. Also, note that all your graphics cards are branded. For example, choose either amd or all nvidia.
By searching for any graphics card on the Internet, you can get its hash, and then extract its approximate profit by importing it into the Cryptocompare site's calculator.
Note: The hash of any graphics card varies in different algorithms. Monroe is extracted from the CryptoNight algorithm, which is a subset of CryptoNote. For example, the RX580's graphics card has a hash of 600H / S in the Monroe's algorithm, and has an output power of about 23Mh / s in the etherium algorithm. Be careful not to make mistakes in calculating profits.
Also, by visiting the NiceHash site and the profitability-calculator section, you can get your approximate profit by selecting any hardware.
https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=500&HashingUnit=H%2Fs&PowerConsumption=200&CostPerkWh=0.12&MiningPoolFee=1
2. Chassis
The chassis is a means for mounting the pieces of sand on it. You can make a chassis ready or you can build it yourself. The chassis should be such that the parts, especially the graphics, do not screw in well on it and are not unbalanced.
https://image.ibb.co/kUSDyH/chsee.jpg
3. Powerful power supply
Take this section very seriously to prevent damage. For home systems, a power supply of 300-500 watts is sufficient. But for some graphics cards, you need power or powerful power. For example, for six powerful graphics, a 1200W wakeup is required in the PlusGold version. Be sensitive to picking up pigeons when picking up pegs and consult expert staff.
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4 RAM
Extraction does not require much RAM. A 4GB DDR3 RAM is enough. If you want to do more than extract from your system, you can get a 8GB RAM.
5- CPU
For extraction with graphics cards, the CPU is not very powerful. An average CPU is connected to your motherboard.
6. SSD drive
7. Cables needed
8. motherboard
9. Internet Adsl + Modem
Extracting to the Internet does not require too much, but it's important to be stable and uncertain. The best type of Internet to extract Adsl Internet is that, if you have a fixed telephone line, you can activate your Adsl service via private telecommunications or private companies. Internet speed is 2 to 4 megabytes for extraction.
10-Monroe Web Wallet
MyMonero
Best Monroe Extraction Pools
Two MinerGate and SupportXRM extraction pools are currently the best and most used Monroe extraction pools. The first one has a bit more work, but its simple interface makes it easy to get started with a few extra clicks. The latter is less costly and more professional, but the connection method is a bit difficult for beginners.
Power consumed
The power consumption of the graphics cards is very high, so some of the extracted profits will be spent on electricity.