Questions tagged [mining-pools]

Service allowing Monero miners to pool resources in order to reduce the variance between discovering blocks. Reward are generally divided largely based on the contributed hashrate of each member of the pool, with some small percentage often being collected by the pool operator as a fee.

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7
votes
2answers
1k views

Monero Height at a standstill

My Height seems to be stuck here 335459/335459 (100.0%) on mainnet But when I check the current height online it's 1289240 Could someone help me?
10
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2answers
13k views

What does Shares/Diff number represent on pools found blocks

When the pool I am mining finds a block what does the "Shares/Diff" number represent?
7
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1answer
846 views

Why is there no P2Pool for miners?

Is there no interest in having a p2pool? I think it would be pretty cool to have something like this.
2
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1answer
3k views

From “Pending balance” to “Total paid”

Under which conditions the accumulated amount of XMR in a mining pool, goes from "Pending balance" to "Total paid", then definitely in my wallet? I have exceeded the payout threshold of 0.5 XMR in my ...
14
votes
1answer
557 views

How decentralized is Monero mining?

How many Monero mining pools currently exist? Are there any P2P pools? What percentage of the hashrate does the largest pool control? Is there a pie chart available that shows the the share of all ...
2
votes
1answer
1k views

Estimated mining profits are overestimated

I mine with 1KH/s for moneropool.com. The estimated mining profit should be about 0.12 XMR/day, but I'm getting much lower profits, only about 0.04 XMR/day. The site says that on average every 40 ...
10
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1answer
5k views

Does mining use a lot of bandwidth?

If I setup a mining rig, will this use a lot of internet bandwidth? Do you know how many MB per day would be required? Is there a difference for mining pools and solo mining?
7
votes
1answer
458 views

How is the block hash encoded?

How to compute block difficulty from a hash of that block? In Bitcoin, I can see that block hash starts with a lot of zeros, but in Monero I don't understand how uniqueness of new block in represented ...
5
votes
1answer
7k views

Confusion over Monero Mining Software

I have read all the Monero official website and many other sites(pools ...) and it seem there is no clear indication on what is the best software to do CPU or GPU Mining with Windows 10. On the CPU ...
5
votes
1answer
794 views

How to Generate a Blob for PoW Hashing

The Cryptonight PoW hash function (cns008) expects an input (a blob on which to mine a new block). I know that a mining blob can easily be obtained via the monerod daemon's JSON-RPC interface by ...
4
votes
2answers
701 views

Pool stats showing abnormally high H/s

The pool I am using (mineXMR.com) regularly shows a hash rate of 250-300+ H/s for my computer despite the miner I am using (XMR-Stak-CPU) showing hash rates that do not exceed ~190 H/s. What could be ...
7
votes
1answer
195 views

Failure of an exchange or pool to upgrade to Monero v0.10.1 by January 5th

According to the release notes: The main thing to know is that you should 0.10.1. Otherwise, you will get booted off the network. If you are mining, make sure the pool you are mining on has ...
6
votes
1answer
315 views

What is a mining pool, and why should I join one?

I see that Monero's software allows me to mine on my home computer. What is a mining pool and how is it different from just mining on my own?
5
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1answer
5k views

cryptonote-universal-pool Stratum authentication failed

I'm trying to setup the mining pool using https://github.com/fancoder/cryptonote-universal-pool (please do not suggest to use https://github.com/zone117x/node-cryptonote-pool because I also used that ...
1
vote
1answer
112 views

Is it better to mine Monero on solo mining or joining a mining pool?

Considering fees and profits, but also the best thing for the Monero network, which is the most valuable solution? Also, is it depending on hardware and hashrate power? Thanks in advance.
0
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1answer
66 views

Can pool miners update early and then the pool software will automatically ask its workers for new POW when necessary?

Many people mine Monero in a pool. Monero has recently changed its proof of work, and it is about to do so again. There may be more changes to its proof of work in the future. When miners update ...
-4
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1answer
673 views

How can I make a coin using Monero? [closed]

I am developing a coin using the Monero git code, so I want to know what is the setup we need to follow to create our own coin using Monero. Coin development Coin Api development Coin explore Coin ...