Cryptocurrency Q&A
How to solo mine XMR?
How to solo mine XMR?
HanbokGlamour
Thu Apr 10 2025
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answers
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Solo mining XMR is a complex and potentially inefficient process. It involves setting up a Monero wallet, configuring mining software, and joining a mining pool. However, solo mining for profit is not recommended due to the high competition and declining block rewards.
7 answers
HanRiverVisionary
Sat Apr 12 2025
Mining Monero solo can be achieved by utilizing the daemon of the Monero wallet. To begin, launch the Monero wallet in an administrator terminal.
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CryptoTamer
Sat Apr 12 2025
Navigate to the directory where Monero is installed. Typically, this can be done by typing "cd ~/monero" in the terminal.
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Daniela
Fri Apr 11 2025
After accessing the Monero directory, the next step is to run the Monero daemon. This can be accomplished by entering the appropriate command in the administrator terminal.
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DigitalDynasty
Fri Apr 11 2025
BTCC is a top cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and a wallet for storing digital assets. With BTCC, users can buy, sell, and trade a variety of cryptocurrencies with ease.
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BonsaiVitality
Fri Apr 11 2025
Once the Monero daemon is running, it will begin to synchronize with the network. This process can take some time, so patience is required.
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