Monero XMR Network Hashrate Chart - 2Miners (2024)

FAQs

What is the hashrate of 2miners XMR? ›

The current Monero hashrate is 2.98 GH/s, representing the global Monero network hashrate with a mining difficulty of 357.48 G at block height 3,175,493. View the Monero hashrate chart for current and all time Monero historical hashrates.

The current XMR difficulty is 312.76 G at block 3,170,751, resulting in a Monero mining difficulty increase of 6.30% in the last 24 hours. The Monero difficulty chart plots the Monero difficulty target over time and the current Monero difficulty (XMR diff) target.

P2Pool: The best of both solo and pool mining

P2Pool is a Peer-To-Peer mining pool that gives miners full control over their Monero node and what it mines. More details in the announcement post. P2Pool is a sidechain to Monero, and P2Pool blocks are potentially Monero blocks.

With a block reward of 0.6 xmr (actually a little more), you need 1 / 0.6 = 1.67 blocks to earn 1 xmr, so you need 1.67 parts in 21600 of the network hash rate, because found blocks are directly proportional to hash rate. That comes down to 2.49GH/s * 1.67 / 21600 = 193kH/s.

Monero Mining

The Monero network is based on a proof-of-work (PoW) consensus mechanism, like Bitcoin and many other cryptocurrencies, which incentivizes miners to add blocks to the blockchain.

There are various key advantages of Monero. For example, it allows more individuals to mine the cryptocurrency through CPUs rather than ASICs. A key disadvantage of this digital currency is its slow transaction processing speed.

Monero (XMR 4.52%) is a privacy coin that focuses on providing total anonymity for its users. Every user on Monero is anonymous by default, and every transaction is private, which also means that transactions can't be traced.

Now, another question you might be interested in is how long it takes to mine one Monero coin? A Monero block is mined every 2 minutes. You already know that the current reward for mining a transaction block is 0.6 XMR. Doing the simple math, 1 XMR is mined every 3 minutes and 20 seconds.

What is the best way to mine Monero XMR? ›

Monero mining can be done using both CPUs and GPUs, although CPUs are generally more efficient for mining this cryptocurrency. Monero's ASIC resistance ensures a level playing field for all miners, unlike Bitcoin, which is now dominated by specialized ASIC mining hardware.

Monero follows a much more energy-efficient Proof-of-Work (PoW) algorithm, RandomX. Unlike other mining algorithms that are fine-tuned for ASICs, RandomX is optimized for CPUs and GPUs. To be precise, Monero mining is more efficient in CPUs.

Currently, Beam network hashrate is 153.90 KS/s = 153 897 S/s. Network hashrate is calculated using the current network difficulty, the average block find time set by the cryptocurrency network and/or the effective block find time of the latest blocks. Network Difficulty and Hashrate Explained.

Bitcoin Cash network hashrate reflects the overall performance of all miners in the bch network. Currently, Bitcoin Cash network hashrate is 3.79 EH/s = 3 792 285 950 640 829 000 h/s.

The pool charges a 0.9% mining fee and it uses a the PPLNS payment system. Minimum payouts are 0.7 XMR.