Mining

Saturday, August 31, 2019

Best Monero Mining Pool


Monero (XMR) is the cryptocurrency based on the blockchain technology. The official website claims to be the private, secure and untraceable digital currency.

This currency platform uses the obscure public leader, which makes difficult to trace the source, destination and amount.


Monero was released in the year 2014 and was updated in the 2019.

The new coin is issued on the basis of proof of work mechanism. The new coin is to incentivize the miners, which in turn makes the network secure and validate the transaction.

The low fees, reliable payout options, server location needs to be analyzed carefully before joining the mining pool.

Monero Mining Pool


The best Monero mining pool available is

NanoPool


This pool is based on China and has gained a good reputation for the mining of cryptocurrency. The fee rates are low which is considered lucrative.


SupernovaPool


Supernova pool is one of the best mining pools available. This multicurrency pool is also suitable for the mining of Monero.

SupportXMR


The low fee that is 0.6% and minimum payout are appealing to the miners. The miners are paid every 2-hour while mining.

SupportXMR supports the mining of Monero only.

MinerGate


This is the popular mining pool available for the mining of the Crypto including Monero. The benefits of using this pool are its low fee that is 1%, Regular payouts, and it contributes a significant amount of hash power.


Xmrpool.net


The low fee combined with the high performance of this pool is highly praised.
This is also one of the noticed mining pool for Monero.

MineXMR    


The unique minimum payout followed by the adequate hashing power of the pool is the reason for the popularity.

Summery


Mining pool selection is vital to get adequate profit. It is essential to take careful consideration of fees, payment options, and server location before joining the mining pool. There are some mining pools available for a specific currency, which can be the lucrative option available.

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