Mining Topic - Our Suggestion

Litecoin vs Monero as an interesting question because these two cryptocurrencies are similar in some ways. Both rely on blockchain technology that first saw the light of day Bitcoin, the currency that launched a whole new marketplace that is still growing. Today, that market is awash with many similar cryptocurrencies that have built on what Bitcoin started, with some of them taking the original idea further. What do we mean by further, and what does this have to do with Litecoin vs Monero? Well, for all its game-changing modernity, Bitcoin as one of two shortcomings. Isn’t as private as it could be. All blockchain-based coins provide so...   Read more

Dash was a Bitcoin fork that launched in 2014 as Xcoin, and subsequently adopted the name Darkcoin.  The idea with creating Dash was to overcome the privacy and transaction speed shortcomings of Bitcoin. It can take 10 minutes to process Bitcoin transactions, and the public ledger that is its decentralized blockchain, unfortunately, allows anyone to examine transactions and potentially identify the parties involved. In contrast, Dash transactions can be completed in seconds and participants remain anonymous, thanks to a conjoined mixing technique that helps to hide their identities.  As of this writing, DASH is sitting in 19th position on the list of top cryp...   Read more

Monero vs Bitcoin - which one is the better investment? Cryptocurrencies are an intriguing investment opportunity but they can be difficult to price because their intrinsic value isn’t always obvious. What are they really worth? Neither Monero or Bitcoin pay dividends like shares do, and they can’t be used to make anything practical like commonly traded metals either. Outside of the trading environment, it’s perfectly possible to value something like copper thanks to the traditional barometer of supply and demand, because copper has many applications in industry, but with Monero or Bitcoin it’s not so easy.  Crypto...   Read more

Monero trading for beginners doesn’t need to be intimidating. It’s true that dealing with cryptocurrencies is not as straightforward as buying and selling traditional assets like stocks, and it’s also true that some cryptos (as they’re often called) have experienced dramatic swings in price, but once you understand the basics you’ll be able to take part in Monero trading with confidence. There’s no need to be put off by the technological nature of these assets either. You don’t need to be an expert on the underlying concepts to buy and sell them, any more than you need to be a ...   Read more

In this guide to Monero mining algorithms, we explore the most popular options: CryptoNight and RandomX. Monero CryptoNight Algorithms Monero (XMR) is the most well-known cryptocurrency to incorporate CryptoNight, despite the algorithm being made for Bytecoin (BCN) originally. As with the Ethash algorithm, ASIC resistance is the primary aim of CryptoNight. However, it’s also designed to strengthen relevance on CPUs by being less efficient for running on GPUs. CryptoNight’s performance has high sensitivity to memory latency, as it incorporates a ...   Read more

What is Monero Cloud Mining? Monero ( aka XMR) is a cryptocurrency celebrated for its privacy, which is obviously a priority for anyone considering investing in a cryptocurrency. Monero cloud mining involves renting or buying equipment from a provider, which is designed to extract Monero on your behalf. More in-depth guidance to cloud mining in general is available in our main dedicated page, so head over there if you’re looking to learn the fundamentals. What Providers Can Be Used for Monero Mining In The Cloud Safely? There’s only one site for cloud mining which has a Monero...   Read more

Since it was launched in April 2014, Monero (XMR) has established itself in the highly competitive cryptocurrency world strongly. It’s actually the 10th biggest cryptocurrency at the time of writing this guide, and boasts a market capitalization of more than $3bn. It’s an amazing achievement. Miners and investors have taken to Monero in droves, due to its impressive market performance within a relatively short space of time: Monero rose from $10 in early 2017 to a jaw-dropping $494 at the start of the following year. This brought its investors a return of approximately 4800 percent. Nobody could be disappointed in this outcome. Tem...   Read more

Monero (also known as XMR) was created in April 2014. This open-source cryptocurrency launched with a focus on privacy, decentralization, and fungibility, using a public ledger. Anyone has the right to send or broadcast transactions for transparency, though no one external has access to the funds’ destination, value, or point of origin. The Proof of Work (PoW) algorithm issues new Monero coins and provides miners with an incentive to validate transactions, securing the Monero network. One of the core aspects of Monero — the privacy — has helped this crypto to attract users looking to...   Read more

Monero’s team describes this cryptocurrency as a highly-secure, untraceable system offering unparalleled privacy. It employs a cutting-edge form of Monero cryptography to keep every single transaction 100 percent untraceable, providing peace of mind. In a world which is becoming continually transparent, it’s simple to understand why a cryptocurrency that emphasizes privacy is so appealing to so many people. But how does it work? What other benefits does it offer? In this ‘What is Monero?’ guide, we explore the fundamentals, what makes it unique, and more about Monero. Histor...   Read more