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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15
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1answer
655 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 ...
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4answers
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Can I mine with more than one client on a given mining pool?

Is there any particular configuration required to connect to a mining pool with more than one client using the same wallet? Do I simply start the same command line on each machine?
11
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1answer
37k views

Benefits to starting out mining at a higher difficulty

I have been trying to find out what the benefits are to starting out mining pools at higher difficulties. I imagine there must be some added benefit to it but I haven't found any real information on ...
11
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2answers
929 views

Resource to see mining distribution

I always check the health of a cryptocurrency by looking at its hash rate distribution. Where can I see that information for Monero?
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1answer
38k views

What is a "Low Difficulty Share" error?

I am trying to mine on an old AMD Radeon HD 57xx GPU with Catalyst version 15.7.1 on a Windows10 x64 machine. Claymore's CryptoNote GPU Miner v9.4 receives the following error from the pool {"id":1,"...
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2answers
15k 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?
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1answer
6k 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?
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1answer
7k views

What is the block maturity value seen in many pool interfaces?

As you can see in this screenshot, a column called "Maturity" is shown on most mining pools' found blocks table. I did my best to find an answer to my own question with keywords such as "monero block ...
8
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2answers
3k views

What is actually happening when you pool mine? What is a share? [duplicate]

When I connect to a miner, I recieve a 'job', process that 'job', and send back 'shares'. Somehow this means that I earn Monero for my investment in GPUs and electricity. What is actually happening ...
8
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1answer
2k views

Writing my own Monero miner

So I was trying to make my own Monero miner and I found out that it uses the Cryptonight hash algorithm and I found documentation for it and I can implement it. But then how do I connect my miner to a ...
7
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1answer
202 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 ...
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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?
7
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1answer
967 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.
7
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1answer
570 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 ...
7
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2answers
13k views

Why does my pool say my hashrate is lower than what my computer reports locally?

My pool always seems to think I have a much lower hashrate than what I see locally. The only thing I can think of is that my pool moves onto the next block before my computer submits hashes, but my ...
7
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1answer
101 views

Miner publishes a block to the network with a lag

I just noticed that a pool has "retained" a new block for quite a long time. See snapshot below where the block was found 3 minutes ago but still not pushed to the network (my own node was not seeing ...
6
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1answer
341 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?
6
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1answer
1k 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 ...
6
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1answer
587 views

How exactly is a pool mining reward distributed

How is the reward distributed to the pool distributors when a new block has been found? Two examples: If my pc is connected to a pool 18 hours a day and I disconnect during night, will I still get a ...
6
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1answer
161 views

Could (merge) mining provide a vector for deanonymization?

With the recent news that Digitalnote (XDN) is implementing merge mining in an effort to boost the hashrate by basically piggybacking off of Monero, I was wondering if this could lead to some leakage ...
6
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1answer
81 views

Is there a way to record my stats from pool sites?

I have been mining a few different pools over the past few weeks and I would like to collect my stats that are updated on the pools' pages. Is there an API or something else I can use to collect this ...
6
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2answers
4k views

How to know when I get paid from mining Monero

I just started to mining Monero, using Claymore v3.8. Via CPU. With my very weak knowledge of mining, I just want to see a "payment" so can be sure that I am not mining for nothing. I am using ...
5
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2answers
6k views

What Happens When a Miner Doesn't Reach Minimum Payment Threshold?

I recently made my own monero pool. While setting up the minimum payment threshold I thought: What happens when a miner doesn't reach the required XMR Balance? It might seem like a simple question but ...
5
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1answer
953 views

Pool Shares Formula

I need a formula (for supportxmr.com) to calculate total earnings per Valid Share ,thanks. --- XMR --- Block Reward :5.4116565613 XMR Network Difficulty : 79,367,458,558 Network Hash Rate : 661.4 MH/...
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1answer
2k views

Monero Pool job contents, blob length

I am trying to understand the contents, their meaning and their volatility of the job we receive from Monero pool. For example data from pool: {"id":1,"jsonrpc":"2.0","error":null,"result":{"id":"...
5
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1answer
15k views

XMR cpu mining importance of number of threads?

I am using xmrig as my miner. You can see the details in this link. I am mining XMR with my cpu with more than one computer. And I've decided to check the results of my two different pcs' ...
5
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1answer
360 views

What stops the miner or the pool owner from cheating?

Jafar the malevolent pool owner checks for solved blocks, any only allows a percentage to go to the pool bounty, and the remainder going to his personal secret bounty. To the miner, it is ...
5
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1answer
435 views

How can I compile a mining software for my mac computer that uses an NVIDIA GPU?

Please, don't ask me why. I have a computer that runs OS X on it with a NVIDIA GPU card. I would like to compile my mining software for GPU mining, but I don't find any info at all about this on the ...
5
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2answers
323 views

Low Hashrate for Some Nodes in Pool

I have a lot of identical nodes all connected to the SXMR pool. They are CPU mining on 40 real cores (hyperthreading is disabled in BIOS) but I am finding that some nodes are performing far slower ...
5
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1answer
2k views

Mining with monerod vs xmr-stak-cpu

The Monero website explains how to set up xmr-stak-cpu to mine Monero, though monerod already has built-in mining ability. Please explain what the differences are between these two miners, and which ...
5
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1answer
5k views

How significant is the number of threads when mining? (I7-4790K)

I'm currently mining XMR on a dedicated server that has an Intel I7-4790K CPU. It has 4 cores/8 threads, and 8 MB of L3 cache. I'm using cpuminer-multi. This is a full node with the monero daemon ...
5
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2answers
197 views

Are there any disadvantages to using a mining pool with I2P?

Recently, MoneroWorld added a mining port for I2P. Are there any disadvantages to mining with I2P instead of connecting to the pool directly? Eg: will it be sgnificantly harder to submit shares? Is ...
5
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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
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1answer
6k 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 ...
5
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1answer
237 views

How to create more outputs?

I forked aeon/monero for fun and to learn. I have seed nodes running, pools running, miners running. The blockchain syncs, nodes connect to eachother. I can send transactions from the cli wallet only ...
5
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3answers
1k views

How do I know if I am mining in a pool?

So I started mining from monero-wallet-cli using "start_mining 2". When I enter "status", the output is as follows; "Refreshed 1254269/1254269, synced, daemon RPC v1.0". Am I actually in a pool? I ...
4
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2answers
5k views

Same reward for solo and pool mining in the long term?

As far as I understand, rewards of pool mining are divided between the miners of the pool. So I will get 1 XMR with 1 kH/sec in about 1 week, if I start mining now. If I do solo mining, it will take ...
4
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1answer
224 views

How to calculate job target in hex

I received a mining job with target = f3220000. My XMRig miner logged the following statement: new job from ... diff 480045 algo rx/0 height 2027084 I want to find answers to the following ...
4
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1answer
5k views

What are factors to consider to choose the best mining pool?

I have seen a lot of parameters regarding each mining pool, but my question is how to consider them when choosing a mining pool: Difficulty Payout threshold Number of miners Geographical location In ...
4
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1answer
278 views

How to increase monero node connectivity?

I have a server in Germany with a monero node running. 1) I want my node to be informed about the appearance of a new block as faster as possible. 2) I also want other nodes to be quickly informed ...
4
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1answer
276 views

How do miners attempt to avoid duplicating nonces of other miners? Do they try?

In a very general sense, most people who know about cryptocurrency mining understand that for every block in a proof-of-work blockchain there is a new "challenge" for the miners, and that challenge is ...
4
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1answer
332 views

Relationship between a pool and local wallet

I created a wallet using monero-wallet-cli and started a mining session on a pool (https://bohemianpool.com) using cpuminer-multi (specifying my wallet's public address). The questions is, how are ...
4
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1answer
614 views

Several good CPUs with a very bad hash

I have a question. I have 5 good machines mining Monero. In average each machine give me about 300H/s. So if I have 5 machines, I am suppose to have 1500 H/s. I am not doing solo mining but I am ...
4
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2answers
729 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 ...
4
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2answers
4k views

How can I get my hashrate and stats from my mining pool?

How can I grab from monero pool my own hashrate speed? its dynamic page so I need some help:) I would like to create my own chart for my speed of hashrate when is up or down. Any idea?
4
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2answers
692 views

Why can't a pool find block after the hard fork

I know that it's my problem, but I don't have any idea what happened. Here are my pool stats(private pool): Here are the stats before the fork: Early on, all was good. A few days before the hard ...
4
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1answer
306 views

How do I figure out how much a share is worth in the PPLNS world?

I'm trying to figure out how much accepted shares are worth, however small, in a mining pool, situation, specifically of a PPLNS scheme. What is the formula to figure how what a specific share is ...
4
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1answer
685 views

Any thought on the Minergate hard fork of Dashcoin? Is it a 51% attack?

You can read the whole thing on the Dashcoin thread on bitcointalk.org I'll keep things short. Since Dashcoin is a copy of Bytecoin, it was effected by the same bug found by the Monero team back in ...
3
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2answers
4k views

Is moneropool safe to use?

Moneropool is currently the second result when googling, "monero mining", however its suggested miner crytonote-easy-miner gets flagged as a trojan by firefox and windows defender. I've read that ...
3
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3answers
294 views

Are mining pools necessary?

I have a free tier AWS t2.micro that I use for development purposes. It sits idle most of the time. I figured I would just put it to use, and after some time, I settled on mining Monero, as I can do ...