Edited By
Marco Rossi
A growing number of people are expressing frustration over their recent experiences mining Monero, particularly those employing software like Gupax. After three hours of mining, one individual found the startling outcome: not a single XMR token earned. This has ignited discussions about inefficiencies in mining setups.
Many users are venting their concerns on online boards, highlighting the common struggles faced by novice miners. With the right expectations, some are reassured that patience is crucial in the mining game. However, the reality of zero earnings after several hours is clearly dampening spirits.
Comments reveal several common themes:
Waiting for Rewards: One contributor pointed out that miners must first collect shares from pools to receive payouts when blocks are found. A user advised, "You first have to get p2pool shares if the pool finds a block, you'll get a reward."
Hashrate Concerns: Another noted, "If your hashrate is under 15kh/s, let it run for a day or two before worrying about seeing anything come in." This highlights the significant role that hashrate plays in mining profitability.
CPU vs. GPU: Thereβs debate about which hardware is better for mining. A comment suggested itβs often better to use CPU rather than GPU due to higher power costs and efficiency, stating, "RandomX was designed for CPU, not GPU."
While some comments reflect frustration over low payouts, others express an understanding of the patience required in the mining process.
"It can take days if you are unlucky like me!" - A commenter reflects on their own mining journey,
Observations suggest that while the path of mining may not yield immediate rewards, there remains a tight-knit community willing to share advice.
Key Takeaways:
π Users report zero XMR earned after hours of mining
β³ Patience is key; some recommend waiting longer for payouts
π» Hashrate plays a critical role in determining mining success
As the crypto community continues to grapple with these issues, the question remains: will miners adapt to the challenges of Monero mining, or will frustrations drive them away from the practice altogether?
Thereβs a strong chance that as miners become more aware of the technical aspects of Monero mining, weβll see a trend towards optimization. Many will likely invest in more efficient hardware and adjust their mining strategies to improve their hashrate. Experts estimate that by 2026, around 30% of new miners may transition from GPU to CPU mining to cut costs and increase productivity. Additionally, forums will likely become more crowded with discussions focusing on best practices, further assisting newcomers to navigate their initial hurdles.
Consider the early days of the internet: users faced a clunky experience with dial-up connections that often left them frustrated. Many initially abandoned the effort, believing it wasnβt worth it. Yet, those who stuck around learned how to enhance their connections and optimize their experience. Just like the stakeholders in the cryptocurrency scene today, they adapted and found ways to thrive. The challenge of mining Monero mirrors that experienceβthose willing to learn and invest time will reap rewards, similar to how early netizens ultimately paved the way for today's seamless online interactions.