Сategory posts: CPU

Mining profitability

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.

Mining software

Mining programs are downloaded to a PC in order to do the work that results in bitcoins or other cryptocurrency. All users of computers or systems of several PCs are combined into pools for convenient joint mining. Cryptocurrency can be mined on a usage basis:

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.

Mining rig motherboard and CPU

When it comes to your mining rig, you need to make sure that you have a good motherboard and CPU. Otherwise, your entire rig could be rendered useless.

Dogecoin

Does the CPU matter for mining?

This is a common question with a bit of a complicated answer. In short, yes, the CPU does matter for mining. However, the extent to which it matters depends on a none, and the difficulty of finding blocks increases as more people join the network.

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.

Which better: CPU vs. GPU Mining

If you're interested in CPU or GPU mining, you've probably come across these terms. These two phrases, on the other hand, are not synonymous. This article compares CPU and GPU mining to see which is better.