Author

Topic: Monero Mining on Windows x64 (Read 1212 times)

hero member
Activity: 896
Merit: 1006
October 03, 2016, 02:17:21 AM
#6
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.
newbie
Activity: 23
Merit: 0
October 03, 2016, 01:51:03 AM
#5
Noobies here. Can i know between solo and pool which one more profitable
YIz
hero member
Activity: 686
Merit: 502
October 01, 2016, 06:29:10 AM
#4
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.
hero member
Activity: 2170
Merit: 612
Online Security & Investment Corporation
October 01, 2016, 06:06:16 AM
#3
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 ?
YIz
hero member
Activity: 686
Merit: 502
October 01, 2016, 05:34:49 AM
#2
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.
hero member
Activity: 2170
Merit: 612
Online Security & Investment Corporation
October 01, 2016, 05:25:22 AM
#1
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.
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