Monero (XMR) stands as an open-source cryptocurrency with a strong focus on privacy, originating in 2014. While Bitcoin (BTC) is often believed to offer anonymity, its transparent blockchain can sometimes lead to the traceability of payments back to their origins. Monero, however, takes a different approach by employing advanced cryptography to conceal both senders and recipients. Monero is compatible with various operating systems, such as Windows, macOS, Linux, Android, and FreeBSD. Miners have the option to participate in mining pools for rewards or mine independently to earn coins.
The Monero team places paramount importance on privacy and security, ranking these as their top priorities. They also emphasize user-friendliness and efficiency, ensuring that their cryptocurrency caters to individuals with varying levels of technical expertise.
In essence, Monero (XMR) aims to facilitate swift and cost-effective payments while safeguarding users from the specter of censorship.
Guides to Start Monero Mining with Antpool
Antpool launched the Monero(XMR) mining pool on September 18. ANTPOOL pays out XMR rewards daily, based on the PPLNS (Pay-Per-Last-N-Shares) payout scheme with a 0.5% commission rate. Your rewards will be automatically credited to your ANTPOOL account once your earning reaches the minimum payment amount. You can check the payment in your wallet or view your payment history under “Dashboard”– “Payment History” on ANTPOOL.
You may need to know more details while installing XMR Miner X5 and you can visit Antpool.
Monero Current Profit
Currently, the Monero hashrates in Antpool are around 6.14KH/s while the total hashrates are around 1.95GH/s. Daily revenue is around $24 based on the current network difficulty.
The below chart shows the global Monero hashrates in 30 days.
Featured image from Unsplash