2
submitted 1 year ago* (last edited 1 year ago) by bjoerns@feddit.de to c/moneromining@monero.town

First of all i am completely new to Monero mining. Why do i want to do it? I have some solar Panels and way too much energy especially over noon which i cannot use, so normally i "donate" that to the electricity company.

Okay so i have monerod and p2pool running on a VPS i rented for my blog etc, so i dont need to run that on my low power 24/7 Intel NUC at home.

I min now with my Laptop which does about 2,4kH/s and with my Gamin PC which does approx. 4,6kH/s.

I see that the miners get new Jobs from p2pool but okay i dont got any share till now (whats a share anyway).

So what i like to know: do i already contribute to the Monero Network right now or is the computing power wasted? What would be a shame.

Second question: I am mining on the mini side chain, do i have an chance to get a revenue with that setup, so with quite low Hashrate under 10kH/s and that also only for approx. 8 hours a day? Or is it simply useless what i am trying to do?

My goal is simply to get a bit of monero out of my computing power to may cover the 2-4€ hosting costs of one of my VServer.

you are viewing a single comment's thread
view the rest of the comments
[-] crab@monero.town 0 points 1 year ago

10 shares weighed at 10 is the same as 1 share weighed at 100. If you mine centralized, youll get a bunch of low weight shares and wait days or weeks for a payout and lose say 5% of it to fees. If you mine p2pool youll get a high weight share every day or so and get paid out immediately.

"shooting blanks" means nothing when your hits are way way bigger.

this post was submitted on 19 Jun 2023
2 points (100.0% liked)

Monero Mining

3 readers
1 users here now

founded 1 year ago
MODERATORS