MineXMR: Earn Monero From Cryptocurrency Mining Pools?
Today we’ll talk about an old cryptocurrency mining site called MineXMR. This is a mining site in which you can mine Monero, a cryptocurrency known for having a great protocol that you can use to really make transactions unknown.
Not much people know, but it is possible to trace transactions made with Bitcoin or other popular cryptocurrencies. It might not be an easy task, but it is possible to do. Because of this, many users prefer to use cryptocurrencies like Monero. Fortunately, Monero can be mined and this is why this site emerged on the web in 2014.
What Is MineXMR?
This site is a Monero pool mining. A pool mining is made when people try to merge together their mining power to mine blocks faster. This way, the transactions can be done faster and after the rewards for the block are delivered, they are divided among all the members involved in the pool. The ones who helped more get more tokens.
The pools work using a method called PPLNS, Pay Per Last N Shares. This system is more fair to miners because it does not make more profitable to mine soon after a block is found and is a more equal way to divide the money. Using this system, loyal miners will get more profits than they would do in another system.
The site also has a board for the users to be always informed about the most important changes happening in the market at the moment and a support that can be used if they need some kind of help.
MineXMR uses multiple global mining servers, PPLNS payment methods, DDOS protection to reduce the downtime, a hashtag history that you can use freely, options for custom difficulty, direct to exchange mining and free payments above your threshold.
Using MineXMR Cryptocurrency Mining Pools To Earn Monero
If you want to use this site, you just have to insert a Monero wallet address and your prefered username. There are multiple mining pools and you can choose from any of them but you should really try to use one in a region that is near to your place or you might find connection problems (although the site states that there will not be problems).
After you have already mined some Monero, the XMR tokens will go directly to your selected wallet, so you will not even need to worry about how to withdraw your money because there is no need of doing this.
The site also has information about the last mined blocks so you can use to know how fast this network can be if you start to use it.
This site is a great option if you are interested in Monero and you have a computer that is powerful enough for mining but no so powerful that you could mine many tokens by yourself. The site is also non-profit (for the creators, that is), so you will not have to pay any charge to use it. All of these factors make MineXMR a great option for you whenever you need it.