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Monero Memeland 1y ago

https://miningpoolstats.stream/monero

#Monero is decentralized. But it needs more.

Mine with your PC or laptop. Find a good pool. Support the network.

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Discussion

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Monerito 1y ago

Keep in mind that you'll only spend money tho. The returns are almost inexistent

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Monero Memeland 1y ago

True, to an extent.

In 2024, mining Monero Is profitable still, but you need to find the cheapest source of electricity possible.

For $400 you can get a used server that will push close to 9000 hash/second. CPU mining only.

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Monerito 1y ago

The reality is that a lot of people, if not most of them, mine some other coins and then buy monero/btc with it. which is sad because it's hashpower being given to some other blockchain

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Monero Memeland 1y ago

The demand for Monero Is going up. The hashrate is climbing too.

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LogicallyMinded 1y ago

Maybe #Monero will need at some point to move to PoS consensus or at least an hybrid PoW/PoS system like #Zano has. The coin supply is probably well decentralized by now which would prevent any capture. Also, it could allow to improve finality times which is a bit of an issue for in-person transactions.