The difficulty of mining
XMR varies with factors like the miner's computing power, network difficulty, and electricity costs. Generally, as Monero's popularity grows, the overall computing power of the network increases, making it more challenging to mine profitably.
6 answers
MysticEchoFirefly
Mon Dec 23 2024
Monero utilizes RandomX technology to streamline its mining process.
Valentina
Mon Dec 23 2024
This innovative approach negates the requirement for costly mining hardware.
TaegeukChampionship
Mon Dec 23 2024
Unlike Bitcoin, which demands high-end, specialized equipment, Monero's mining is accessible.
GyeongjuGloryDays
Sun Dec 22 2024
Average mining enthusiasts can participate in Monero mining without significant financial investment.
IncheonBeautyBloomingRadianceGlow
Sun Dec 22 2024
To begin mining Monero, individuals simply need to download mining software.