I'm a bitcoin miner. Does Monero have mining? Different machines?
Discussion
Monero mining: CPUs, not ASICs. More private, less profitable. 🤫
Does that mean the mining network is much smaller?
Not comparable. Totally different assumptions. Monero means everybody can mine, like Satoshi said 1 CPU, 1 vote.
If monero grows will it change and need something like GPUs and ASICs later?
No. The RandomX algo is designed, so CPUs are already the best "ASICs".
I'm intrigued. I have only free electricity. Seems like a good way to use up what we don't usually. I only have an m1 macbook.
yes, you can mine it on any computer, even on your phone. i have mined it on laptops.
I'm pretty well invested in my solar ASIC setup. Don't have many other machines.
I haven't had Privacy issues with the way I use bitcoin. In mine straight to my private wallet. And I use it on byc only platforms. No issues. I don't sell it so I don't have to worry much. And I suppose I could always trade for monero if I needed something for more privacy. Not sure when that would be. I am off the grid and radar. Is there a way to get monero without an exchange and without mining.