If you haven't heard about Monero it's the latest high anonymity coin gaining darknet adoption and subsequently a higher value. Earlier this month Monero reached it's all time high around 0.024BTC but has settled to a more modest 0.017BTC at the time of writing this article.
Jul 15, 2016 - Monero is a Proof of Work cryptocurrency that can be miner with. Cards are optimal for Monero Mining, but you can also mine it with a Nvidia GPU or CPU. In this section we'll use Minergate, an easy to use cryptocurrency miner. The best and easiest way to mine Bitcoin, Ethereum, Zcach is using the. That Monero recently changed its PoW to defeat the development of an ASIC miner for its algorithm confirms the coin’s commitment to mining decentralization. A significant drop in its hash rate is being reported due to the new, ASIC-resistant version. This could well present an opportunity for GPU and even CPU miners to move back to Monero. Although one of the top 10 cryptocurrencies, in the world, Monero (XMR) is relatively easy to mine. The best news is that you can get to extract the crypto right from your desktop or laptop. Typically, mining crypto is known for the sophisticated hardware and software use.
The sudden rise in value and usefulness for darknet purchases has made Monero quite the attractive coin to mine. Whether you are doing it for profit or just as a hobbyist, Monero can be easily mined using your CPU or GPU. To see how profitable mining Monero can be you can use a simple calculator like this one from Before you can mine Monero coins you'll need a Monero wallet address for those mined coins to go into. If you haven't already done so you can read my Monero wallet guide here or just go to to create a free web wallet address quickly and easily.
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A Monero wallet address will look something like this: 485ATHcqcmFCq3azKmikf1Mb4hVm76aEaQ8Ci6y7qXDR3LUTWLW2rfL6tQ1Cc3GXmw2Tb2W4EWm1m1YQYkTF27XC7vTWJhz Feel free to send Monero to that address, it's mine. Opening a Command Prompt No matter which program you download and use below you will need to open a command prompt window to use it.
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