Monero mining machine cost. I also live somewhere with super low electricity costs ($0.

Monero mining machine cost 2 xmr/month pool mining and if your solo mining at 32kh then your expected to find a block every 68 days (block reward 0. Oct 22, 2021 · Before you start learning how to mine monero using your CPU or buy other equipment, it’s important to consider the profitability of mining monero. Even my day-to-day stuff I'll probably mostly do on a laptop, so we're looking a PC that will prob be spending 1-3 hours a day playing Dota, and the rest mining monero. 15 votes, 12 comments. Starts to temp. These mining rigs are specially developed and reconfigured for cryptocurrency mining. Throttling within minutes, would love a step by step, explaining settings so I can undervolt and mine, watched many youtubers and still couldn't get a stable setup for mining, gaming and typical pc usage (default seems fine with crap temps and watts). It holds 6 AMD graphic cards, the AMD RX 570. 5 days ago · Table: Monero mining pools. High power usage can lead to increased electricity costs, while excessive heat can damage your hardware. You can also mine XMR through a cloud mining contract with Hashflare or Genesis Mining. Yes I hit a few bonuses on both mining pools, which certainly helped. At max that thing is sucking down like 40 watts, and that's at full throttle. 06/kWh for the first 1200kWh per month, $0. It only earns you a very small amount each day, if anything. I know that I'm not going to make much out of CPU mining, but it would be nice to get a little out of system resources that would be otherwise wasted. 50w on the wall for a laptop for extra 1. Buying six LG G7's off eBay would give you 24 cents of profit after pool fees and electricity. But it's probably more about what motherboards/servers you can find the cheapest, and then go looking for CPU options once you have that. 1h for gaming, 23 for mining and torrents. Cost Profit; Hour 0. Plus it’s a PPOS coin with APY at 6% currently. On the subject of SBCs, I had an Odroid-N2 with 6 cores mining at 220H/s drawing 6W at the wall. 💡 I have been running randomx on more old corei5 with amd r7 360 for the last 13 hours and i am getting a hash rate of 400h/s. 0008187/day and uses around 110 Watts. Extract the Files: Extract the downloaded files to a directory, e. Step 4: Install and Configure Monero Daemon and Wallet RPC. I also live somewhere with super low electricity costs ($0. I can only run 15 of 16 threads otherwise the gpu mining hash rate drops by 5-7 MH/s. 👍 Pros and Cons of Raspberry Pi 3B Monero Mining. Its unparalleled mining experience and efficiency elevate XMR mining to unprecedented levels. 54 USD profit a day with running a Ryzen 7 3700X computer 24/7, but now I actually lose money from mining. And it's also cool supporting the network even if a little. Oct 19, 2021 · You cannot mine Monero using ASIC or FPGA machines. It may be more practical to purchase a lower cost rig (Ryzen 3600) for around $300 that produces hash rate around 6000-7000 H/s. Nov 18, 2024 · Learn about the best hardware and software for mining Monero; Explore the differences between solo and pool mining; Gain insights into maximizing profits and ensuring security; What is Monero Mining? Monero mining is like the heartbeat of the Monero network, ensuring transactions are secure and verified. 000000 That's awesome and mining is a reasonable secondary use, just wanted to caution anyone looking at a "cheap" 64kH/s mining setup that power costs at current XMR prices don't make any surplus Xeon servers cheap to mine with. At the moment, in most areas you'll lose money from mining if you pay normal prices for electricity. 5 monero, now worth $1747 A subreddit for discussions about Monero (XMR) mining. Step 3: Join a mining pool. Runs off a USB drive, and you can set it to auto mine on boot up. Dec 15, 2024 · The State of Monero in 2024. Always use up-to-date information and A lot of Monero mining is done by people using their CPU to mine Monero while mining Eth or other coins on their graphics card - basically just making a small profit on the CPU power usage on a system that would otherwise have an idle CPU wasting power. 3 W = 17. Some people are looking for a dual purpose gaming PC/mining rig. These systems are power hungry and cost more in power usage (at my 8. 6763 XMR | Check the list of Monero mining pools, historical data, and available mining software and hardware. 01 for a transaction of any size) block transaction speed of 4. Monero mining is usually not a profitable investment even with cheap electricity. Monero's market cap is $2. 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. But first, by way of introduction, I've been mining monero for about 5 months with two rigs (based on the Ryzen 9 3900x). 🕒. I make more money buying Monero directly than mining. Learn how to increase your Monero (XMR) earnings with mining pools in 2025. IOTA is aiming to be the backbone of the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other cases where a scalable decentralized system adds value. 8 billion at the time of writing with a 24-hour trading volume of $87 million. At 32kh/s you will make 0. Don’t know where you’re but where I’m at, to get such a machine brand new would cost me the equivalent of 1200 usd. I've been solo mining at around 1. Monero requires your CPU to mine so there aren’t ASIC machines liked you’d find in bitcoin or huge rigs with 8 graphics cards attached. You'd spend about $800-$1k per machine to get machines so $8k to get 8 machines, need somewhere to store them safely (a rack, extra cost), keep them cool, noise from fans, connected to Internet, etc. moneroocean. buying higher frequency ram is NOT worth it Try the AMD R9 290X. This cryptocurrency mining machine will be the first ASIC Miner to mine Monero(XMR). The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier I also use my ryzen cpu for development purposes, so I do not count the computer cost. Mining monero on Windows: Download XMRig: Get the latest release for your system (32-bit or 64-bit) from the official XMRig GitHub releases page. g. High hashrate power and low power consumption is the perfect combination. Jul 22, 2024 · What is Monero Cloud Mining? Monero cloud mining involves renting computational power from a cloud mining provider instead of using your own hardware. live. 58) you would be averaging $800-900/year making it 2 years to ROI before your making profits and thats assuming moneros price stays the same as it is now which it wont, come bullmarket monero Aug 23, 2024 · Why Monero Mining (5 Steps) Can Turn Your Old Gaming Rig into a Profit Machine [2024 Guide] (2024 model) is expected to cost around $900, while the Intel Core i9 Solo mining or p2pool are the best options for mining. I'm pulling 144 watts from the wall for the 3700X machines and they're just doing appx $15 a month profit ($11. Monero Mining Calculator Summary. The pool takes a certain fee from the earnings. And try to use P2pool or small pools. Since setting it up the machine by itself has mined around 3. 5g/month increase intervals, seeing as how Monero's difficulty is already increasing at an average of 7g/month for the last three months. So I have been looking into how to combine multiple CPUs together for the purposes of mining Monero, however MBs with 4 CPU slots are not cheap, plus the cost of the CPUs to fit into that. Cool. I am mining on my raspberry pi 4, my PC with a i5-11400f. Popular providers include Genesis Mining and MinerGate. Aug 29, 2023 · A new announcement by a reputed crypto mining hardware company seems to have shaken the cryptocurrency world. Edit: I heard about a swimming pool called MoneroSea or something. With a virtual machine and some basic software, you can start mining Monero and earning rewards. Mining Monero is the most private way to get Monero, so even if you are not mining at a profit, many people could be interested on paying a premium for getting the most private coin in the most private way. From what I understand, these pools combined have power to either accept all transactions or reject all transactions (maybe an ability to accept only those transactions that the attacker creates themselves) since it is not To beat the dead horse some more, mining other coins for XMR payout does help Monero by creating buy volume which keeps it looking desirable. I am mining using Mining Scala on an SD845 could net you 4-cents per day and convert it to monero. Pools like MineXMR See full list on u. At least not if you were to build a new rig for this unique purpose. The 5000 H/s Monero Mining Rig is provided by MineShop. stream/monero and choose a smaller pool from the list. Join a Monero mining pool to increase the likelihood of regular earnings, as mining individually may result in irregular rewards. But if you're into supporting Monero The Blockchain by mining rx/0 specifically then nothing compares to Ryzen 16c/32t 64M cache or larger considering hash-per-watt and overall purchase cost. This makes it easier for people to make a small amount of Monero even without dedicated mining equipment, but it also makes Monero mining a common tactic for botnet creators to infect their compromised machines with. Running Lubuntu 18. This is NOT the goal of RandomX. Mining monero and another coin that requires a GPU: do your research and find a good deal on a computer (or build tour own) that can mine cpu and gpu. Expensive NVIDIA cards are typically not very good for mining, so an NVIDIA 1080 will not be as good at mining Monero as it will be good at playing games. CPU mining (at least, randomx, the algo that's used by monero), on the other hand, takes a more optimized approach. 095 for the rest) So at 12 months your mining operation has just outpaced the opportunity cost of simply investing in monero itself by about $700. 290w on the wall, 16 cents / kw and I’m getting 14 KH/s, stock settings in BIOS. the cost to build just 1 CPU rig and the If you can optimize it following the guides in this subreddit - Windows. For more info, click ‘Show details’. Monero is mining as a secondary on ALL my rigs, not to get rich, not to turn a profit, just a trickle of a coin that may or may not increase in price, while adding negligble power cost to my (median priced) electric bill, using hardware otherwise sitting cold in the mining rigs, and supporting an idea. Mining machines are often seen as a long-term investment rather than a short-term profit-making tool. I have two machines mining : amd Ryzen 5 3600 CPU getting around 6700 h/s (no overclocks, just XMP) amd Ryzen 9 3900x CPU getting around 14200 h/s (no overclocks, just XMP or whatever AMD equivalent is). The electricity cost works out to $4 per kWh. Ryzen 5000s would be the best game cpus but the garbage for mining for now. When mining watt meter read 20. 7 KH/s This is highy unprofitable. You can mine on an existing computer with the CPU if you are running this computer anyway for other reasons. Each CPU only needs 8GB total really (1GB LRDIMMs? lol). I've been running as a noob hobbyist with a very basic node on an i5-7400 with monero Gui. If you want to get into crypto currencies use some of your savings and buy. For example, most of the Ryzen 3000 CPUs are better at mining Monero than even the even best first-gen Threadripper. I've got six 3700X's and a 5950x mining monero, only because I bought the pcs they came with to get the GPUs. I forgot to mention, I only have electricity from a diesel generator but I can run it for 2 hours per day and I'll mine continuously at that time. With this mining rig you will mine at 4230 H/s. Xmrig release v6. I'd really like to make a small scale solar powered rig for my backyard that can achieve the mining pool minimum in a reasonable amount of time like 2 weeks. All depends on cost, which CPU is in it and cost of electricity. 3900x,3900xt and 5900x is like the same hashrate. If you feel your machine was compromised, go to #monero-malware-respon on Freenode, Mattermost, or Slack. Sep 5, 2016 · All you'd probably have to do is substitute the litecoin mining install for a Monero equivalent, then see how many hashes it spits out, and see whether the price of using the service each day is offset by the amount of monero mined per day, which could be easily calculated on most public mining pools. This makes AMD EPYC 7742 one of the fastest processors for Monero mining. Mining monero only: you won’t make a profit at current monero price. Each method has its benefits and drawbacks, but the Monero Project encourages individuals to solo mine using the Monero software (GUI and CLI), as this type of independent mining is the most effective way to increase the robustness of the Monero network. A nice one would get you about as much hashing power as a $1000 Ryzen 3900X system (bare MB, CPU, RAM, P/S) but probably would consume 2-4x as much power. today Nov 11, 2024 · 1. The problem is that mining Monero with even the fastest Pi is only getting you around 2¢ in Monero a day. MicroBT Whatsminer M63S Hydro 390T Please give me recommendations for a good mining computer. 15b] Artificial Intelligence & Machine Learning; We all need to start looking at mining differently. An i5-9600K @ is able to mine 0. I previously made $0. You can put together 10 5950Xs machines for about USD$6,500 and get 190 Kh/s. Now, you can also mine Monero using the P2Pool sidechain of Monero. 5). When you mine Monero, you contribute Mining monero on a GPU will be very inefficient and slow compared to a CPU, and will not be worth your time. , C:\monero. It runs on local machines and uses the target Internet connection in mining cryptocurrency activities . Don't get 5000 series for mining. Yeah mines, sitting around 67 celsius right now, but I mine like 2 hours a day tops, but last night I was mining for about 8 and it got to 73 celsius, I got a usb fan stand, underneath mine clean the dust, and turn it off after a while but if he don't have the insurance I got, where they repair or replace with something that cost the same as what I bought mine for, then I would just save to Dec 25, 2024 · Long-Term Investment Returns. The monero mining is an added bonus. 6 cores. I have stripped everything inside (drives, add-in network and raid cards). A: You're not going to get rich with mining monero. P2Pool (and Monero) can work with only outgoing connections, but it's recommended to open ports 18080 (Monero) and 37889/37888 (P2Pool/P2Pool mini) for better connectivity with the rest of the network. The 3600 is a nice processor. U can set it so only a limited number of threads are mining. Your calculated profit will be displayed automatically. With the introduction Bulletproofs transaction size and fees have been significantly reduced. com, which provides up-to-date figures for the current price, block time, and network hash rate (as measured in kilohashes per second—or KH/s—denoting thousands of calculations per second). Before we get into the details of Monero mining, we need to perform some economic calculations. Key settings are: vsoc @ 0. The M1 uses a *ridiculously* low amount of energy. Power – How much energy your miner consumes. org. My PC is on 24/7 so I already pay electricity bill (ofcourse the bill will be higher when mining). With my normal electric rates mining 1/4 of my threadripper cores would make like $0. 6 minimal install. Threadripper 1920X 12-Core gets 6000H/s and that cost on ebay almost 300 which is a good deal Every monero pool is usable with xmrig-proxy but i would advice you to use a smaller pool and not minexmr, cause minexmr has an overall majority of the Networks hashrate and thus making it less decentralized. With 600,000 USD, the investment allows the purchase of 200 mining machines. I been doing this for almost a month and have about 20 dollars in Monero, 250 in ETH, and 18 dollars sitting with NiceHash. Solo mining offers full block rewards but is resource-intensive with inconsistent payouts, while pool mining provides more consistent earnings by combining computational power at the cost of sharing rewards and paying fees. 7900X mining rig. So I'm just casually mining and maybe one day when monero goes to the moon, it might pay off. Build a machine that works for your use cases, if that happens to require a lot of cores then 5900x or better yet 5950x (or 3950x) which would be decent at mining monero off use Goldshell Kd5 18th/s Kda Asic Miner Mining Machine ₹ 1,20,000 ; Bitmain Antminer S19 Xp Hydro 255th Bitcoin Mining Machine ₹ 5,07,000 ; Bitcoin Atm Machine If monero mining does max power draw it would be less efficient on latest ryzen chips vs m1. and mining differentiates from a lot of points, you could make more than what the calculator says or you can make less, it really all depends on Monero solo mining recommendation on multiple machines with ~10k H/s combined I've 15 RX 4XX and 5XX GPUs and a Ryzen 5 1600. Boasting an exceptional hashrate of 212K and an impressive energy efficiency rating of 6. If you've got <= 4 machines to run, HiveOS is a good option as well. But mainly you should do it to secure the network . 1KHz basically all day every day all week. Totally unprofitable and so I shut it down. I started mining on two computers in 2021 when the uk tried to “ban” monero. Wanted to build something efficient, but also quiet and aesthetically pleasing. The D9 has a hash rate of 1770 gigahashes per second and a relatively low power consumption of 2839 watts, making it more affordable to run than many other top mining machines. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier Nov 11, 2024 · Pool fees – Usually miners group together into mining pools in order to increase their chances of successful mining. IMO, It’s better buying Monero directly than mining. So, for example my Ryzen 3700X was able to mine at 9100 h/s right after the fork, then MSR mod was discovered and other optimizations happened and now the same CPU running at the same speed with exactly the same memory and timings can mine at 10400 h/s - 14% faster! Aug 23, 2024 · Reducing power consumption and heat generation is essential for maintaining an efficient and cost-effective Monero mining setup. Anticipated Price Increases: Miners are optimistic about the future price of cryptocurrencies. On Sunday, Bitmain made the most significant revelation on launching a new alt-coin mining hardware. My first two rigs were copycats of this guy's buil Analyze the profitability of Monero mining based on cryptocurrency price fluctuations. Mining at this scale only makes sense in a few very limited situations and to get straight to the point this doesn't sound like one of them. Your best bet is Dell 7810 Workstations. exe --detach (Do more mining under lower load, do less mining under higher load) Any recommendations for resources on how to set up a Monero miner purely through the terminal would be greatly appreciated. One user set up a virtual machine using VMware to mine Monero (XMR). Advantages and Disadvantages of GPU mining a. 06/kWh the 30w total draw of this setup will be far less than a 3600x under load with whatever else the board etc draws. com to bring the total cost down. As things are now, if you pay for new hardware for the sole purpose of mining XMR, the timeframe for getting a return on your investment would likely take over a decade. Configure the software to optimize your hardware’s performance. Here’s how it works: Choose a Cloud Mining Provider: Select a reputable cloud mining service that supports Monero (XMR). Welcome to the official subreddit of the PC Master Race / PCMR! All PC-related content is welcome, including build help, tech support, and any doubt one might have about PC ownership. First, head over to whattomine. The key factors to take into consideration before determining if mining monero is profitable are: The mining hardware hash rate; Electricity costs; Mining pool fees; Monero mining calculator Total spend was around £420GBP. Don't buy a machine with the explicit purpose of CPU mining Monero. That meant liquid cooling and LED’s, even though they cost a few extra watts. 20 = $ 0. Search for deals on eBay. 10 per kWh or a Monero mining machine, but we simply call them miners, or more Nov 4, 2024 · Install Monero-compatible mining software like XMRig or SRBMiner, both widely used by Monero miners. If you're familiar with Linux, you can avoid windows updates, background processes and run a light mining OS like minecore. 0294732 XMR / $6. In mining, 5900x is like 3900xtt or worse. Then again, you do reduce the amount of txn's you need to consolidate if you solo mine so it could be worth it? Hi All, I have questions regarding how much RAM I need to maximize my mining hashrate with a Ryzen 3960x. You need to know the specs of the Monero (RandomX) mining calculator | Price: 191. Monero Mining Hardware Cost Electricity Costs; 54. They all combined deliver ~10k H/s. Full explanation here. May 22, 2022 · Unlike other mineable coins it doesn’t cost much to start mining Monero. Monero is the largest privacy coin in the industry, beloved for its private and untraceable features. Discover the advantages and disadvantages of using a Raspberry Pi 3B for mining Monero, considering factors like power consumption, portability, cost, software accessibility, and community support. 6 Kh per machine or about 80Kh/s. Even at the $0. Used cards (especially for the older models) will be cheaper. When mining Monero, it achieves a hash rate of 44,000 hashes/second with a power consumption of 225 watts. Putting together a miner with 2 EPYC 9654s is going to cost you at least USD$10,000 to get about 150 Kh/s. stream right now Just trying to be realistic as expectations here seem to run to getting the Fastest machine for mining without regards for "payback time". I've been learning to mine types of crypto lately like Monero, Beam and others out of sheer curiosity and I saw that when you are mining on my hardware in particular in Linux, much higher hashrates can be achieved (1GB pages, XMRrig). The only benefit from the EPYC miner is the density and only having to deal with one machine. Run Monero Daemon: Open a Command Prompt and navigate to the Monero directory: sh cd C:\monero. machine. Average hashrate between 183-200Kh peaking at 200 between Jan and Feb and dropping to 194 in Mar and 183 in Apr (Apr had a spare 15 days of additional 13Kh, hence the additional power cost but lower net return). Case Study 1: Monero Mining on VMware. Pro and cons of solo and pool mining: So, I installed two GTX 1660's in there and getting about 60 MH/s for ETH and mine Monero's for pennies. So that would be pretty sweet, but it's also quite speculative. My Pi runs 24hrs and my pc runs for 8 hrs. May 15, 2024 · What is Monero? Launched in 2014, Monero (XMR) is a privacy-centric cryptocurrency intended to enable completely anonymous and untraceable transactions. Monero isnt a mining money maker, its cpu intensive mining, gpus do it but horribly. If you want to get into mining start small and build your way up so you have a better idea of what you're getting into. 5-4. You are contributing to protect freedom and the value of your coins. If you have cheap electricity (less than 0. So unless you already have one, you shouldn't be looking at this kind of CPUs to exclusively mine Monero. candidates for new mining-only machines. So, free electricity and a gigabit network connection. If you have FREE electricity then these could work for you. 1/ KwH(not including mobo)) If 6 months ago: $700 Purchase: 7. Right now, the median for Monero is 0. This information should be supplied by the manufacturer. Nexo is the world’s leading regulated digital assets institution. Calculate Monero (XMR) mining profitability in realtime on GeForce RTX 3080 based on hashrate, power consumption and electricity cost. At some point it would cost more to even build them so small, or demand would keep the price ridiculous (8GB only $50 more than a 1GB or such pricing collapse). Depending on the hardware choice, a decent Monero mining rig could cost between $500 and $1,500. Both 56 and 64 VEGA cards are notably profitable in mining Monero. 5 W is my mining cost The difference is that the Monero mining network is oversaturated with botnets and people mining at a loss, so profitability (mining income vs mining cost) is low for everybody, and thus ROI times are extremely long for people looking to invest in dedicated mining hardware. In fact, I'm losing money, but I love Monero and what it stands for so I'm ok with losing money to support the project/network. Here are some real-life examples and case studies that illustrate the effectiveness and challenges of VM mining. Calculate Monero (XMR) mining profitability in realtime based on hashrate, power consumption and electricity cost. Does anyone know if it's good? Dec 16, 2024 · Cost. and tuned memory close to 15. Jun 24, 2024 · Tip to Mine Monero Efficiently for Greater Profits Unlike other PoW based blockchain like Bitcoin and Ethereum, the Monero community and developers have always resented ASICs (dedicated machines that have been built specifically for being efficient and powerful miners). For the investment, it is better to buy 1 full XMR than Ryzen 5 3600. 10$/kWh), your profitability goes up significantly Mining Rig: Mined 2. I would be doing this with a few friends and our budget is in the range of $10,000- $12,000 for starters but would be willing to increase it a bit if It all depends on your hardware's efficiency and your electricity cost. For those, I went with E5 2650v4's, as they seemed to offer most performance for the price, while the higher end models would give a 30% higher hashrate at much higher cost. Hardware cost – How much it cost you to buy your Monero miner. 6¢ for transaction fee. You can make a profit from GPU mining. However, it can also cost a lot; the starting price on some websites is 7,500 euros. Take a look here: https://miningpoolstats. Cost of electric outweighs what you're earning daily, so it's more expensive than if you were just buying XMR. Note that to support "microtransactions", Bitcoin and Monero are likely to support systems like the "Lightning network" in order to radically reduce the cost of small payments in the future. Two 20amp 120v circuits available. 1 which improves hashrate and resolves 3950x L3 cashes bottleneck( no need of 28T mining now!) buying cheap DDR4 2400-3000 ram for a "mining only CPU rig" is more cost effective the same way buying cheap processors for a 10 GPU rig is cost effective. By current exchange prices it ROI'd in just over 2 years, and now it still just sits there mining away, keeping my office a little warmer. 45 monero or $570 in revenue (not even including power which would cost $175 on the CPU @ $0. Jul 12, 2024 · Although Bitcoin mining is the largest sector of the cryptocurrency mining industry by far, we’ve decided to also feature ASIC miners designed for algorithms other than SHA-256. 40 power cost). The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier DISCUSSION: Having tested this out on some older Acer Chromebooks (4" FHD IPS, Touch, ICQ N4120, 4GB RAM, 64GB eMMC, Chrome OS, Silver, CB314-1HT-C6SU) they topped out at 193H/s but quickly thermal-throttled hard down to sub-1H/s -- so truthfully, chromebook mining is less worthwhile than basic Android smartphone mining via Termux (https://www Jun 15, 2024 · Understanding the practical applications of a crypto mining virtual machine can be invaluable. If you're already intending to buy some nice hardware for other purposes, then sure, mine Monero during non-usage to offset the cost of the machine. 5. It provides users with a P2P mining pool, which allows them to get rewards in the same frequency they would get by participating in Monero pool mining, just without the need of actually joining a centralized pool. Enter the hash rate of your Monero miner; For better accuracy (optional) enter any additional info you may have, such as your electricity costs, pool fees (if you’re mining via a pool), etc. 00: $0. At your hashrate it would probably be fine to just solo mine since you'll probably get a block, but of course it is more up and down vs p2pool. I started mining Monero last year just for fun with an old computer and some raspberry pis. Cost of 110 Watts @ $0. I have a 3600 because I had a budget of $400 to build a mining/server PC, but you get more bang for your buck from a 3900X. I'm mainly interested in mining as a hobby/learning experience. Download Monero CLI: Download the Monero CLI from getmonero. So if you're into supporting (holding/trading) Monero The Currency (XMR) that is how you get the most of it (and you can use GPUs then, too). Keep in mind that: May 17, 2022 · AMD EPYC is one of the most powerful server processors to mine Monero with a CPU. 04. Dec 2, 2024 · Calculating Monero Mining Profitability. Monero algorithm is CPU friendly and you can simply use your computers CPU (Central So it looks like the AMD 3600 is the most-recommended in the sense of bang-for-the-energy-efficient-(and cost)buck. I have my machines configured in BIOS to auto power-on after failure. As others have said, don’t build a machine targeting Monero-its a waste of money. Explore the features, benefits, and strategies for selecting the best Monero mining pool. 00 KH/s: 280 Watts $3,995. Bitmain Antminer X5: A New Generation of Monero Mining Bitmain, a leading manufacturer of cryptocurrency mining equipment, has continued to innovate and expand its product lineup with the release of the Antminer X5. Will Monero Mining Be Profitable in 2025-2030? The profitability of your mining depends on the cost of And I mean spending anywhere on a minimum of $100,000, to get yourself started to "make profit" but for people like us who have a few machines or GPU/CPU rig setup, or just simply tinkering around. Planning on building a small few rigs for mining XMR and I want to know a good build under 600-700$ or a budget that'll still be profitable. My question is what percentage of people mine… The IOTA Tangle is a Directed Acyclic Graph (DAG). Antminer X5 is the first ever ASIC for Monero (XMR) mining, enabling miners to efficiently mine new Monero coins against ASIC resistance and mining difficulty. Support for multiple GPUs A subreddit for discussions about Monero (XMR) mining. Finally, the things I enjoy about the mini PC’s are their low cost of entry (all of the machines listed here are complete systems priced at ~2XMR), low power consumption when used for other tasks (at idle the systems only draw 6-8W) and the ability to easily repurpose some or all of them for other tasks… as a media server, gaming console Power said free hardware with free electricity, and/or utilize the mining hardware as a space heater to maximize your benefit (most useful in cold climates during winter). That’s just nature of the beast. Any and all help is appreciated, and I would be happy to provide a small percentage stake of my profits if someone really helps me get a good machine build blueprint and Dec 26, 2024 · Miner Quantity: For an initial investment of 60,000 USD, one could purchase 20 mining machines. The m1 mac mini is different than the m1 macbook air/pros, the mini the best of the three of them (the pro has a fan as well and performance is roughly the same as the mini, a tiny bit less) but the air will throttle, however not too badly due to the sheer efficiency So I’m mining eth and monero for them and I’m getting paid in Algorand- which has super cheap transaction fees (would cost you less than $0. A subreddit for discussions about Monero (XMR) mining. With two Ryzens mining at 95% full capability, i barely made 1 monero in 6mos and paid at least that amt in additional power. Mar 25, 2023 · Mining Monero on a virtual machine is a cost-effective and flexible way to earn cryptocurrency. currently running 4 Proliant servers 3 DL360-G6's and 1 DL360-G7 - all Dual Xeon's with 16-48GB ram - noisy, power hungry machines. This is because mining cryptocurrencies other than Bitcoin can be more profitable if timed right, and we also wanted to highlight the diversity of options in the ASIC It matters in the sense that profitability per kh/s is the highest now, but hashrate per CPU also increased. Mining using P2Pool is also encouraged. It's reasonably possible that price appreciation will turn that appx $166 a year you're making into $1600k or hell, even $15k. In 2018, based on the Cryptocurrency Mining Malware Trends and Threat Predictions from Sucuri, there is a shift toward cryptojacking attacks, especially with the total cryptocurrency market capitalization rose 3224% during Nov 1, 2024 · Monero Mining Profit Calculator Hash Rate (H/s): Power Consumption (W): Electricity Cost ($/kWh): Monero Price (USD): Calculate Profit Here's a comprehensive table summarizing key information about Monero mining profitability: Remember that mining profitability can change rapidly due to fluctuations in Monero price, network difficulty, and other factors. I then built a small mining rig with one 1660 and crappy AMD processor for mining ETH and Monero. Others are looking just to mine. 88 USD | Difficulty: 461. Cost Profit Mar 23, 2018 · In this guide we will first elaborate on some Monero GPU mining topics and then continue with a step-by-step guide on mining Monero using GPU in the Fedora and Ubuntu Linux distributions. Any good recommendations? on gulf. Now that I have a good data set to work with, wanted to share some findings on my mining results. Aug 21, 2024 · The article compares solo and pool mining for Monero, detailing their respective advantages and disadvantages. So if a machine drops or crashes, I reboot it and it resumes mining in about 3 minutes from power reset (smart plug). However, 45 votes, 51 comments. An exclusive ASIC precisely optimized for the RandomX algorithm, Antminer X5 XMR miner, was launched in September 2023 by the leading mining hardware manufacturer, Bitmain. 3092G | Network hashrate: 3. Truly, the more cost-efficient hardware for Monero mining is the AMD Radeon Vega card. 📈 For example, Bitcoin’s history of climbing from a few dollars to tens of thousands of dollars encourages many to invest with the expectation of future gains Jan 2, 2025 · The Bitmain Antminer D9 is a popular crypto mining machine with an X11 mining algorithm, meaning it can mine popular coins like DASH. The latest and most profitable Bitcoin mining ASIC hardware available for sale in 2025 showing the SHA-256 mining hashrate, power consumption in watts, and costs. It was fun to learn on and test different configs, but not worth it for the cost of hardware and tiny amount of XMR mined. Hello! I'm new to the Monero community. power consumption might be significant in the cost analysis. My configurations below are profitable. This new model is specifically designed to mine Monero (XMR), a popular privacy-focused cryptocurrency. 5280/day So with 36 machines you're mining: 0. 37 J/K, the Antminer X5 heralds a new era in XMR mining as the pioneering professional miner in the market. Add multiple items to your cart on Jet. Unlike Bitcoin and many other cryptocurrencies, Monero uses a special kind of cryptography to ensure that all transactions remain 100% unlinkable and untraceable. Probably no one is ever going to get truly rich mining for Monero. ETH mining rigs are a bit frustrating in that regard because the best approach is : take the cheapest cpu, ram, MB you can find, stick as many GPUs on it you can find, bam, you're done. 2c/KWh) than they produce in Monero. If there are no buy/sell transactions then there is nothing to record in the blockchain anyway. Cost Payback Period: Assuming each mining machine has a payback period of 18 months (a consistent rate), the payback period for the 600,000 USD investment is calculated as Gotcha, so it seems that a more diy approach would be more cost effective. Since I'm living in Europe/Germany and the costs of electricity are high, I'm basically not making any profits. 6=$132. Start the daemon: monerod. . The cost of setting up a Monero mining rig is significantly lower than that for cryptocurrencies like Bitcoin and Litecoin due to the ability to use consumer-grade CPUs. Unless you are working cutting-edge cpu/asic. The problem isn't about the payment structure. Jun 30, 2023 · For those who do not need an in-depth guide, here is a condensed step-by-step guide for mining monero on Windows and Mac machines in 2023. I'll note this is also a rather generous estimate at 3. 10 a day and heat up my house more which would cost even more for AC. 8442 GH/s | Block reward: 0. I have long been interested in mining Monero with a relatively small rig- thinking about a single rack at a data center with three high powered servers in them all mining Monero 24 hours a day. So 8GB is probably the minimum size for multiple reasons. I have been looking around, and it seems building a Raspberry Pi cluster as depicted in this article seems like a cheaper option: The most efficient hardware for mining Monero, at this time, are AMD GPU cards. I was able to source several used parts from eBay and imported then, but still I was nowhere close to the 600 usd, and if I were in the USA I would’ve spent about 400 maybe less for used parts. 8V PPT limits ranging from 40 to 100W, consuming the watts shown (at the wall) I build commissioned rigs for people. Just be sure to do your research and follow best practices for mining cryptocurrency to ensure that you stay safe and profitable. COMMON OPENERS FOR EVERY 1 AND 2 COST UNIT [PATCH 11. 4 seconds (they’re working on getting it down to 2. 80 / day Electricity will cost you $18/day for the 36 machines. Just upgraded my Rig, and specifically went for a CPU that was good for Monero mining (5900x). I’m fairly dedicated to Monero alone, as well as some PoS projects that won’t need mining equipment, so I’m fine building a machine specifically geared to monero mining. The mining calculators… Also, why would you call the monero mining decentralised since 57% of hash power is coming from top 2 mining pools. Very disappointing. 4XMR on xmrvsbeast and then p2pool. Got a amd r9 5950x with the exact same bequiet cooler and not even mining it likes to kiss the temps between 61-71c. XMR exchange rates, mining pools. Even with Monero's low gas cost, it would take months or more of mining, before a payout could be more than the gas to send it. Mining might be the only application that would "never need" more memory. I don't… Mining Monero on true Nas about not mining in a virtual machine. You need to have an edge.