Does it make sense to mine on a processor
Existing cryptocurrencies are based on open registry (blockchain) technology, which contains records of transactions. To protect against the entry of false information. Each block of data is signed with a cryptographic key - a hash. They are calculated by network participants - miners. For each block signature, they are rewarded by the system in the form of emitted coins.
The best processors for Monero cryptocurrency mining
Over the past few months, the Monero community has been actively discussing a new Proof of Work currency mechanism called RandomX. This algorithm is expected to debut in the Monero protocol in October during the classic six-month update branch. For now, this update offers interesting features for the new AMD Ryzen 3000 processors.
Best processors for mining cryptocurrencies 2022
The process of mining a cryptocurrency by finding a hash using the processing power of a CPU is called CPU mining. It is interesting that this very method was used by bitcoin creator Satoshi Nakamoto. The latter managed to mine about 1 million BTC (about $50.3 billion), which is not surprising, because only a dozen people knew about bitcoin in 2009. "Komsomolskaya Pravda" took a detailed look at the best mining processors for 2022, which can bring profit.
CPU mining – a complete guide
CPU mining is now at the peak of popularity and every day more and more people want to try to earn in this field. It is hard to deny that the mining industry is not an easy business: besides the fact that a novice miner must have an entrepreneurial streak and understand the basics of doing business, he must also necessarily understand all the technical details of the process.
CPU mining software
The software that allows you to mine for cryptocurrency is called a CPU miner. There are many different CPU miners available, and they all have different features. Some CPU miners are open source, while others are closed source. Some CPU miners are easy to use, while others are more difficult.