On average, a Monero block is mined every 2 minutes. However, this does not necessarily translate to earning hundreds of dollars per minute. The earnings depend on the miner's hash rate and the current market value of Monero.
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BiancaTue Dec 03 2024
Mining Monero coins involves various factors that determine the time required to mine one.
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SumoStrengthTue Dec 03 2024
One crucial factor is the processing power of the hardware being used. More powerful hardware can mine coins faster compared to less powerful ones.
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MargheritaTue Dec 03 2024
Another significant factor is the current network difficulty. As more miners join the network, the difficulty of mining increases, making it harder and slower to mine coins.
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amelia_miller_designerTue Dec 03 2024
The preferred mining method also plays a role in determining mining speed. Some methods may be more efficient than others, depending on the specific setup and resources available.