Created in April 2014, Monero (XMR) is an open-source cryptocurrency with a focus on privacy, decentralization, and scalability.
To maintain ASIC-resistance, an XMR hard fork was successfully completed at block height 1978433 on November 30, 2019. The mining algorithm was updated to RandomX, greatly improving the mining performance of CPU miners and reducing the hashrate of GPU cards (particularly AMD cards).
1. Obtain suitable hardware
✅ Monero can be efficiently mined with CPU cards.
❌ Monero cannot be efficiently mined with GPU or ASIC mining machines.
View our Miners page to discover the most profitable GPU devices for Monacoin mining.
And don’t forget to check our Mining Hardware Tools page to download the necessary software for setting up your device.
2. Obtain a wallet address
A Monero wallet address is required to receive and monitor your mining revenue.
Mining revenue is distributed daily to every user who reaches the payout threshold of 0.3 XMR. Details about our payout method and fees can be found here.
You’ll need to get a wallet address if you don’t have one already. We recommend the Official full node wallet. You can also use an exchange wallet, such as Gate.io, CoinEX, Poloniex, Bittrex, Bitfinex, or Kraken. Note: You should always do your own due diligence when choosing a wallet provider or exchange.
3. Obtain mining software
4. Configure mining software
XMRig CPU miner configuration
After you have downloaded XMRig, uncompress it, find the
start.cmd file, right click on it, and click
Replace the file’s existing commands with the commands from the chart below that correspond to your mining hardware.
|CPU only||xmrig.exe -o xmr.f2pool.com:13531 -u
|CPU + NVIDIA GPU||xmrig.exe -o xmr.f2pool.com:13531 -u
|CPU + AMD GPU||xmrig.exe -o xmr.f2pool.com:13531 -u
* Note that your NVIDIA card must be updated to CUDA 10.1.
To disable CPU mining, add the
If a payment ID is required for deposits, the format of
-u should be
You can also use the XMRig configuration tool to configure your mining software.
Finally, save the
start file and exit. Double-click the
start file when you’re ready to start mining.
5. Start mining today!
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