Monero @monero.town baz @monero.town 5 mo. ago

PSA: current mining hashrate

monero.town PSA: current mining hashrate - monero.town

Since the dramatic decrease in hashrate[1] on 29/05/24 from ~2.8 GH/s to ~1.8 GH/s as of 01/06/24. This has shaken up the pool distribution[2]; as a result, nanopool now holds ~576 MH/s (30% of the total 1.8 GH/s.)This isn’t a five-alarm fire, but it is mildly concerning. This can potentially repeat the MineXMR 51% scare of 2022[3]. If any of you fine folks would consider mining on a decentralised pool such as p2ool[4], now is the time.

Ps, I am in no way affiliated with p2ool. Happy mining.

[1] https://www.coinwarz.com/mining/monero/hashrate-chart

[2] https://miningpoolstats.stream/monero

[3] https://cointelegraph.com/news/monero-community-concerned-as-leading-mining-pool-nears-51-of-ecosystem-s-total-hash-rate

[4] https://p2pool.io/#pool

~baz

9 comments

I'll spin mine up tonight :)
Does it also help with the distribution if we just mine standalone?
- Yes, but why would you do that instead of joining P2 pool where you can actually get earnings decently often?
  
  I was just interested. Also, after this response it's more clear to me that this post is an ad.
If you mine on p2pool you can increase your earnings significantly by joining the bonus hashrate raffle @ https://xmrvsbeast.com/

If someone is new to mining and has no idea what is going on they can use this GUI mining kit to get started https://github.com/Cyrix126/gupaxx

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