What’s a Monero mining calculator? The Monero mining calculator will help you know the estimated profit amount that you are able to earn from the Monero miner. It will take into consideration all necessary costs including fees, hardware, and elect5ricity and then it will provide the mining returns. In order to successfully use the mining..
What you have to know about fees It’s important to understand that the transaction fees will increase if you increase the priority of the transaction. A higher priority will increase the fee so that it will be able to successfully compete with other transactions in order to become part of the next block on the..
Traditional crypto exchanges weaknesses One of the most popular themes in the cryptosphere has been the fact that users had to resort to a small array of centralized exchanges especially in the early days in an unregulated space to deal cryptos. Lots of unfortunate events such as the collapse of Mt. Gox exchange or the..
You can print your very own Monero paper wallet to write the Monero wallet seed. Using a sheet of paper, write down your 25-word Monero seed onto the wallet. It’s recommended that you use a ball point pen or another pen that contains permanent ink that will not smudge. You can also write down the..
What is cold storage? Cold storage is a term used for a wallet which is offline, disconnected from the Internet. This means that it’s safe from hackers and other threats. Why should you choose cold storage? Cold storage is the best option if you hold a more substantial amount of Monero which you are..
Nodes are an essential part of the Monero network infrastructure. They store a copy of the blockchain, and they can be configured to share the data with other nodes and users as well. Running a node is the only way in which you can obtain the highest level of privacy and security when you are..
Monero is one of the few cryptos which can still be mined via a CPU. GPUs can provide significant performance improvements and also more value. Pros and cons of GPU mining Support for multiple GPUs A computer or server is able to support two CPUs, but using the appropriate hardware, it can also support..
The Monero project created an easy way to share your Monero public address and OpenAlias allows as easier/shorter address. If you want to create your OpenAlias address, you must own or control your own domain name. How to configure your DNS for OpenAlias If your email address is email@example.com OpenAlias will automatically replace the..
Monero mining is based on the CryptoNight proof-of-work algorithm. This was specially created to mine Monero using consumer CPU and GPU hardware. This can be seen as one of the most important advantages that Monero has over Bitcoin. In terms of mining decentralization, anyone who has a PC can start mining Monero straight away and..
The fees that are involved in the purchasing of Monero are usually lower if you buy the crypto straight on a Monero trading exchange such as Kraken. For more significant amounts, it’s recommended that you use an exchange. It can take a few days to send funds to an exchange and get your ID verified..