https://miningpoolstats.stream/monero
#Monero is decentralized. But it needs more.
Mine with your PC or laptop. Find a good pool. Support the network.
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Replies (5)
Keep in mind that you'll only spend money tho. The returns are almost inexistent
True, to an extent.
In 2024, mining Monero Is profitable still, but you need to find the cheapest source of electricity possible.
For $400 you can get a used server that will push close to 9000 hash/second. CPU mining only.
The reality is that a lot of people, if not most of them, mine some other coins and then buy monero/btc with it. which is sad because it's hashpower being given to some other blockchain
The demand for Monero Is going up. The hashrate is climbing too.
Maybe #Monero will need at some point to move to PoS consensus or at least an hybrid PoW/PoS system like #Zano has. The coin supply is probably well decentralized by now which would prevent any capture. Also, it could allow to improve finality times which is a bit of an issue for in-person transactions.