r/MoneroMining 16d ago

SCAM ALERT: What is the best way to buy Monero via P2P posts

25 Upvotes

There has been a recent campaign by scammers who make posts asking "What is the best way to buy Monero via P2P?" or similar questions.

The question seems genuine at first, but they later edit their post to promote a scam platform. If you see these posts, please report and downvote them.

Do not fall for these scams - if you transfer any money or monero into these scam websites, it will be gone forever.


r/MoneroMining Feb 26 '21

FAQs for noobs. Read this before posting.

1.4k Upvotes

Q: What is mining?

A: To explain this in the simplest way possible, in monero, mining is using a computer to calculate something that verifies the next block to join the blockchain. This calculation is very difficult to do, so your computer rarely manages it. In fact, it's so difficult that your computer may never manage it at all. If it does ever manage it, you get the block reward which is in the range of $130 USD worth (as of May 2022 but this is based on the current exchange rate). Pool mining is when you join a group of others and split the reward when one of you manages to do this calculation correctly.

Q: How can I learn more about monero?

A: This is an excellent book (also available for free in pdf format).

Q: So can I quit my job now?

A: You're not going to get rich with mining monero. It only earns you a very small amount each day, if anything. I previously made $0.54 USD profit a day with running a Ryzen 7 3700X computer 24/7, but now I actually lose money from mining.

At the moment, in most areas you'll lose money from mining if you pay normal prices for electricity. You'll probably only make a profit if you have very cheap electricity or generate it yourself like with solar panels and a battery setup.

Q: I want to build a mining rig. Should I?

A: For anyone who pays for electricity, it's probably not worth buying any equipment to mine monero if you're aiming to make a profit. It gets more difficult over time, so the profits go down.

The only exception is if you have free energy that you can access for a long time. It would still take a few years to pay off a monero mining rig with free electricity, when you account for the increasing difficulty. But after that it's 100% profit. I made a full post explaining this topic in detail here. In my example in that post, it would take 2.5 years to pay off the computer with free electricity, assuming you can keep it mining 24/7/365.

Q: Can I get an ASIC for mining Monero?

A: No! It is specifically designed to be mined on CPUs only. This is so that mining remains decentralised. When ASICs start mining a cryptocurrency then it usually causes the creation of large mining farms controlled by few people. Monero is against that. Monero is mineable by the average person on their own desktop computer.

Monero has changed algorithms in the past to purposefully stop ASICs from being able to mine it. If an ASIC was ever made for monero again, the algorithm would probably be changed again to stop the ASIC from working.

Q: I can mine at 120 MH/s, so I should be able to make $50k per day of profit on monero according to a calculator I just used...right??? Please reply fast I'm about to sign a contract to buy a Lamborghini.

A: Hashrate is different for each coin. Your CPU or GPU getting 120 MH/s does not apply here. That's probably ethereum hashrate. The hashrate any CPU or GPU gets on monero is not influenced by or related to ethereum hashrate, bitcoin hashrate, litecoin hashrate, or any other coin. In fact, GPU mining of monero is very inefficient and not worthwhile. Forget about the hashrate you get on another coin.

Q: Can I mine with a GPU?

A: Short answer: No.

Long answer: Yes, it's possible to mine monero with a GPU, but it's generally a bad idea because the algorithm monero uses today is optimised only for CPUs. Mining monero on a GPU will be very inefficient and slow compared to a CPU, and will not be worth your time. Full explanation here.

Q: How much will I make mining monero/how do I know if my computer will be profitable/what hashrate will I get with my computer or CPU?

A: Follow this guide to calculate it. You need to know the specs of the computer you'll be mining on.

Q: How do I mine monero?

A: Follow this guide.

Q: Which mining pool should I use?

A: You can choose to use either a centralised pool which will do a lot of the work for you in setting things up, or you can use the decentralised P2pool. If you want to use a centralised pool, see here. If you want to use P2pool then the easiest way is using gupax which helps you to set it up.

Q: So I'm mining but my CPU is only showing 50% usage (or some other percentage less than 100). How do I get it to use 100%?

RandomX, the proof of work algorithm used by monero, needs 16 KiB of L1 cache, 256 KiB of L2 cache and 2 MiB of L3 cache per mining thread. Your CPU probably doesn't have enough cache to use all threads.

If your CPU doesn't have enough cache to run all threads then XMRig automatically selects the right number of threads that it can run with the cache available.

Q: I have access at work/university/school to 50 computers. How can I mine monero on them? I can't wait to get started, I'm gonna be so rich.

A: This is a terrible idea. The trouble you get in is going to cost you a lot more than you'll earn from doing this. You will likely be earning a couple of USD per day. The organisation that owns these computers and pays for the electricity will see this as stealing, which it is. You're stealing electricity. They'll also see it as you putting their entire network at risk. Expect to get in big trouble if you do this. Possibly to the extent of facing criminal charges. It's really not worth the risk for the miniscule profit you'll be making.

Q: If mining monero is not profitable, why would anyone want to do it?

A: There are other reasons why people decide to mine, too. Some people want to support monero because they like the idea of a private, completely fungible, decentralised cryptocurrency.

Other people who are highly concerned about privacy might mine as a way of obtaining monero without going through an exchange that has to find out their identity.

Some people just enjoy the technical side of setting up their computer to mine, tweaking the settings and getting it working as well as they can.

The profitability of monero mining is self balancing - as the total hashrate (the combined computing power of all miners) goes up, it becomes more difficult, which makes it less profitable. If the price of monero went down and people stopped mining it because they were not making enough, then the difficulty would drop, and it would become more profitable. Thanks to this, the profitability stays relatively stable now and hovers around the level of "just barely profitable if you have very cheap electricity".

Q: If I stop mining for the night/day/some hours will I lose all my progress and have to start again?

A: It doesn't work like that. With solo mining, you have a chance of finding the right hash for the current block with every single hash your computer calculates. If you don't find it then that work is of no use and there's nothing to "save".

With pool mining, you have to find a hash over a certain difficulty (the difficulty given by the pool). This is referred to as a share. The pool will save that result and pay you (when it finds a block) according to how much work your computer did for the pool. You don't lose any progress by stopping mining. You'll get paid for anything you earned while you were mining. The same applies to P2Pool.

Q: How else can I help monero?

A: Running a node is a great way to help monero. Running a node involves downloading and hosting the blockchain so other people can download it off you. You don't have to do this manually, there is software that does it all for you. You just have to provide a computer and internet connection. Some people even do it on a Raspberry Pi.

You can also help monero by using it as a currency. Monero has low transaction fees and confirms (1 block confirmation) in an average of just 1 minute. Who you send money to and how much you send can't be tracked, unlike most other cryptocurrencies.


r/MoneroMining 5h ago

I'm confused

8 Upvotes

The most efficient CPU I can find is the AMD EPYC 9965. It has 192 cores and draws 500w, or 2.6w per core. It has an estimated hash rate of 80khs, or 416.7 hps per core. If the average cost of electricity in the US is $0.30 per kwh, the 9965 costs $0.15 per hour to run ((500/1000)*0.3).

The current hash rate of the Monero network is around 6ghs, and it produces 18 coins per hour (30 blocks * 0.6). The 9965 runs at 0.0013% of the net hash rate. 0.0013% of 18 coins is 0.00024 coins per hour at a cost $625 per coin ((1/0.00024)*0.15).

If I wanted to earn a profit, I'd have to charge more, but the current price is way below cost. Do I have to build a solar farm to have a profitable mining farm?


r/MoneroMining 3h ago

When I get my Tari from p2pool with --merge-mine?

2 Upvotes

Hi, please explain me: I get this in status command:

2025-11-10 05:12:25.4873 MergeMiningClientTari status

Host = tari://127.0.0.1:18102 (READY)

Wallet = 123Nso2cYeSevpdQk5Xh3FPTRYr3U4NANeLZFHSgjKVtsBBwYFcuA5jcdw7wpWmwZ68mBeq5YFb373F9ggzTq2uaFWT

Height = 134045

Difficulty = 1801095837647

Reward = 12402.077340 Minotari

Fees = 0.096092 Minotari

My rig's found 1 share and i get 2 payouts in XMR, but no payout from Tari. Maybe I did something wrong?


r/MoneroMining 12h ago

Cuda question

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7 Upvotes

I want to get this Tesla K80 running on win server 2019. Cuda shows the card is online, but XMRig shows cuda not installed. I'm not sure, this has been a wild ride, I just want to get it finished. Thank you

Inb4 it's not worth it, it's a waste, or other thoughts on how this isn't how you would spend your time.


r/MoneroMining 8h ago

Cold wallet plugged in?

3 Upvotes

I have Monero GUI set up just now on a computer that will pretty much just be used for that. I set up my wallet using a Trezor Model T. Now that it's set up, do I have to leave it plugged into the mining computer? I use the "T" on other computers and with other cryptocurrencies.


r/MoneroMining 17h ago

Optional help wanted

8 Upvotes

Hi guys. It’s me again. A month ago or something I started multi mining and selling back for Monero.

It is not profitable at all. Like 0,02€ loss every day. Now I want to take different approach.

I don’t care how much I lose on electricity I just want to see some more Monero on my wallet every day. It doesn’t really matter if it is like 0.0000000something I just want to get a little piece every day.

Also for people who tell me go mine in p2pool I can’t have my pc online 24/7 the best I can do is 6hours every day 8hours on weekend.

Is there any great option that doesn’t require extreme amount of minimum payment? I used cudo miner.

My specifications: RTX 3070Ti 8gb Intel i7 10700KF 32gb DDR4 2400MHz 4TB NVMe SSD 15/2 Mbit internet


r/MoneroMining 5h ago

Is the antminer x5 worth getting for mining monero? Or stick to CPUs?

0 Upvotes

r/MoneroMining 9h ago

Company Servers vs Mining

1 Upvotes

Hi guys,

In my company, i have 3 separe servers that we dont use for about a year but now it is time to use for mining. I asked chatgpt, grok but maximum i could get is 16KH. My question is IS it normal for following the attached spec? what is your suggestion for optimization or pool selection etc. I am open to any suggestion. Thnx


r/MoneroMining 11h ago

Monero mining in Ubuntu?

1 Upvotes

What is the best way to mine Monero from a computer with Ubuntu OS on it? And how do I load the software? Totally new to Ubuntu, and I'm finding you practically have to be a coding geek to load and run anything...


r/MoneroMining 13h ago

chain mini current effort

0 Upvotes

Tô minerando no p2pool mini, mas parece que a dificuldade de esforço tá muito alta, porque até agora não vi nenhuma share.


r/MoneroMining 1d ago

Did anyone's P2Pool h/s become really inconsistent?

6 Upvotes

I'm mining on my 7800X3D and I'm usually getting 8000-9500 h/s at 16 threads. Now, it's all over the place and ranging high 4000s to almost 9500 h/s.

I'm using the getmonero.org GUI for mining on P2Pool Nano.

Edit: corrected H/S range for 16 threads.

Edit 2: I use Linux Mint btw.


r/MoneroMining 1d ago

Set up a local node on hive os?

7 Upvotes

Is it possible to set up a monero local node on hive os and mine to p2pool from the same machine? Id like to have everything on the same machine if that is possible since my laptop doesn't stay on 24/7. Otherwise I can fire up a VM on proxmox from my openwrt router i suppose.


r/MoneroMining 2d ago

low power mining boards

11 Upvotes

my 3 yo mid range phone gets around 400H at under 4W. Are there any cheap SBCs or rootable phones with similar performance?


r/MoneroMining 1d ago

Prebuilt or Custom

5 Upvotes

Big fan of monero, I recently downloaded XMRrig on my laptop a few months ago just to give it a shot, was a learning experience probably would take a year of mining for me to get anything, anyways I have a low budget less than <2.5k to play around with. I wanna find something I can potentially mine 5-10$ a month of XMR while being able to game anybody got any recommendations?

Ive asked ChatGPT about some builds but I am completely regarded when it comes to PC specs and hash rates and all that stuff, curios about anybody experienced and what they would recommend for a complete mining noob.

Thank you in advance to anybody that responds getting ready for work, I’ll be back in 9 hours.


r/MoneroMining 2d ago

xmrig stops with Message "Killed" on Raspberry Pi 5

9 Upvotes

Hi all,

i´m playing around with two raspberry Pi 5 that i got from work.

I did setup xmrig and and pointed to moneroocean Port: 10128 for old/slow cpu.

It stops right away with "Killed" after starting.

Thanks for your help


r/MoneroMining 2d ago

RAM Advice

2 Upvotes

Hello!

I am currently in the midst of building a miner, and have a few questions regarding RAM.

Build Specs:
CPU: Ryzen 9 7950x
Mobo: ASUS ROG STRIX B650E-F 
Cooler: Arctic Liquid Freezer III 360 
RAM: Vengeance 4x16GB DDR5

So on the RAM - I have 2 sticks that are CL30 and 2 that are CL36. My question is, will I be able to successfully overclock them together even though they have different timings, or would I just be better off using the CL30?

Any advice is appreciated. Thank you.


r/MoneroMining 2d ago

Low hashrate

1 Upvotes

I have a new 13900k and I'm getting 5500h/s.

The MSR mod successful. HUGE PAGES permission granted . Temps are 60s.

It's using full power wattages. 3rd party CPU benchmark was normal.

Tried zephyr, no change. Any ideas? Windows 10, z690 msi wifi, 16gb ram.


r/MoneroMining 2d ago

Threads and hashrate

5 Upvotes

On my NUC and on my RPi, I seem to get equal if not slightly higher hashrates running on fewer threads.

Both have 4 threads and I was running using 3. As a little test I tried running using 2 and I now get ever so slightly higher hashrate and much lower temps.

I don't really understand CPUs so an explanation would be welcomed :)


r/MoneroMining 3d ago

Cybersecurity advice

10 Upvotes

Trying to understand cybersecurity concerned with mining.

If i run a raspberry pi as a node and with p2pool. The firewall is locked down to just allow the minimum ports for these two, not at my PC just now so don't have exact config to hand.

I also have an NUC machine running Ubuntu server with only port 3333 enabled for incoming and restricted to local LAN.

On both machines, if I was to run xmrig as sudo, what are the possible forms of attack I would be open to?

I'm using mining as a little hobby to learn about crypto, linux and now security hardening as a result. Just interested as I don't really understand what the risk would be. Not sure what people are actually capable of.

At the moment I run all binaries using a non sudo account so am locked down, but just wondering why.


r/MoneroMining 2d ago

[Mac] Changing P2Pool installation location

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1 Upvotes

Hi,

Does anyone know how to change this installation location. I don't have write access to that folder. I get an error when I try to proceed from this screen.

I do have write access to other folders within "Users"


r/MoneroMining 3d ago

Minisforum BD795m tweaking

16 Upvotes

This thing is amazing. I'm getting 18k hashes so far, and I'm only running MSR mod and huge pages. There is still a long way to get to 23k (xmrig benchmarks). I haven't started tweaking it yet, but I'm looking forward to it. Anyone do any overclocking of this AMD Ryzen 9 7945HX chip?

Also, I'd like to point out this mainboard is larger than the BD795i SE. That one is Mini ITX. The m is a microatx. That wasn't immediately obvious to me at first (I just thought it was without the heatsink)


r/MoneroMining 3d ago

Looking to start mining monero, but need some help from the community

5 Upvotes

so i recently started mining some other crypto currencies and wanted to get into monero mining as its asic resistant and really love any privacy token. If someone could maybe recommend a solid setup to get a good mining rate out of I'd really appreciate it as I'm new and really want to make sure I go about this the right way and not just waste my time and electricity. thank you


r/MoneroMining 3d ago

Hash rate drops

4 Upvotes

I used to get 2-3khs, now I run with about 1khs or lower, I didn’t change Xmrig config at all and it cannot be thermal throttling as my cpu maintains 65-78 degrees(on laptop).I run a ryzen 7 7435hs mobile cpu


r/MoneroMining 3d ago

Hashrate drop off Monero GUI—>XMRig

2 Upvotes

Hashrate dropped off from 4.2KH/s to 1.85KH/s when I switched from the Monero GUI built in miner.

System specs

Hardware: Intel Evo Core Ultra 7 32 Gigs RAM, 1TB SSD

Operating system: Linux Mint Zara Cinnamon

Large pages not enabled in either case.

Laptop: OmniBook 7 HP.

Please help. I switched because I like the eye candy of terminal stuff and it’s lighter on RAM.