this post was submitted on 27 Sep 2023
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Monero Mining

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0% fee mining SWITCH NOW (github.com)
submitted 1 year ago by [email protected] to c/[email protected]
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0% fee mining SWITCH NOW

It is the officially recommended way to mine Monero! Here are seven easy steps:

  • 1) Download the bundled version of Gupax examples:

windows file: gupax-v1.3.1-windows-x64-bundle.zip

macOs file: gupax-v1.3.1-macos-x64-bundle.tar.gz

  • 2) Extract
  • 3) Launch Gupax
  • 4) Input your Monero address in the P2Pool tab (or create a new one for mining)
  • 5) Select a Remote Monero Node (or run your own local Monero Node)
  • 6) Start P2Pool
  • 7) Start XMRig

Motivation: The hashrate of centralized pools increases; so: miners update the mining software and/or start new workers, but do not change their used pool to p2pool. p2pool should be used in general because it is the best technology and:

  • 0% fee
  • 0 XMR payout fee
  • ~0.00027 XMR minimal payout

Maybe an monero.town OP can pin this. It's important.

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[–] [email protected] 1 points 1 year ago (1 children)

Those profiting from centralized pool are really scared of p2pool catching on big.

Thanks for confirming. Once the operators of large pools have established themselves over many years, they are not so easy to do away with. That is understandable and they are part of the history of the network.

Maybe large pools can even pass the shares to P2pool? The big official centralized XMR pool, supportXMR, could perhaps introduce this? If this is not possible, at least there could be a notice on the pool page that p2pool is recommended.

[–] [email protected] 1 points 1 year ago (1 children)

The centralized pools will never support something that takes their revenue away.

All the more reason to avoid those megapools.