{"id":59006,"date":"2022-03-03T23:01:07","date_gmt":"2022-03-03T15:01:07","guid":{"rendered":"https:\/\/www.hongkiat.com\/blog\/?p=59006"},"modified":"2022-07-27T19:19:58","modified_gmt":"2022-07-27T11:19:58","slug":"mining-monero-pc","status":"publish","type":"post","link":"https:\/\/www.hongkiat.com\/blog\/mining-monero-pc\/","title":{"rendered":"How to Mine Monero (XMR) On Your PC"},"content":{"rendered":"<p>Monero (XMR) is an open-source cryptocurrency based on <em>Unlinkability<\/em> and <em>Untraceability<\/em>. This means that it will be nearly impossible for one to link two Monero transactions or trace the source of the funds.<\/p>\n<p>Monero\u2019s high anonymity is achieved using the <a target=\"_blank\" href=\"https:\/\/en.wikipedia.org\/wiki\/CryptoNote\" rel=\"noopener\">Cryptonode protocol<\/a> meaning that random transactions on the blockchain are mixed with the correct transactions, thus making it impossible to track your transactions.<\/p>\n<p>In this article, I will show you how to mine Monero, right on your PC.<\/p>\n<div class=\"ref-block ref-block--post\" id=\"ref-post-1\">\n\t\t\t\t\t<a href=\"https:\/\/www.hongkiat.com\/blog\/crypto-trading-bots\/\" class=\"ref-block__link\" title=\"Read More: 10 Best Crypto Trading Bots\" rel=\"bookmark\"><span class=\"screen-reader-text\">10 Best Crypto Trading Bots<\/span><\/a>\n<div class=\"ref-block__thumbnail img-thumb img-thumb--jumbo\" data-img='{ \"src\" : \"https:\/\/assets.hongkiat.com\/uploads\/thumbs\/250x160\/crypto-trading-bots.jpg\" }'>\n\t\t\t\t\t\t\t<noscript>\n<style>.no-js #ref-block-post-58679 .ref-block__thumbnail { background-image: url(\"https:\/\/assets.hongkiat.com\/uploads\/thumbs\/250x160\/crypto-trading-bots.jpg\"); }<\/style>\n<\/noscript>\n\t\t\t\t\t\t<\/div>\n<div class=\"ref-block__summary\">\n<h4 class=\"ref-title\">10 Best Crypto Trading Bots<\/h4>\n<p class=\"ref-description\">\n\t\t\t\t\t\tCrypto trading is one of the riskiest ways for people to earn money, and there is where crypto...\t\t\t\t\t\t<span>Read more<\/span><\/p>\n<\/div>\n<\/div>\n<h2>Step 1. Create a Monero Wallet (MyMonero)<\/h2>\n<p>In order to be rewarded with the Monero (XMR), you mine in a later stage and you must first have (and use) a Monero-supported wallet.<\/p>\n<p>Examples of Monero-supported wallets include <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/mymonero.com\/\">MyMonero<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/atomicwallet.io\/\">AtomicWallet<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.exodus.com\/\">Exodus Wallet<\/a>, etc.<\/p>\n<p>In this guide, we will use the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/mymonero.com\/\">MyMonero wallet<\/a> as an example. Here\u2019s how to obtain a MyMonero wallet:<\/p>\n<ol>\n<li>Go to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/mymonero.com\/\">https:\/\/mymonero.com\/<\/a>, <strong>download the wallet app<\/strong> for your operating system, <strong>install<\/strong> it, and then <strong>launch<\/strong> the app.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/monero-website.jpg?2\" alt=\"monero website\" width=\"1500\" height=\"717\"><\/figure>\n<li>Click \u201c<strong>Create a new wallet<\/strong>\u201c, give it a name, and then click <strong>Next<\/strong>.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/create-new-wallet.jpg?2\" alt=\"create monero wallet\" width=\"1174\" height=\"1176\"><\/figure>\n<li>Read through the steps described in this next page, <strong>check the box<\/strong>, and then click <strong>Next<\/strong>.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/steps-description.jpg?2\" alt=\"steps and description\" width=\"1172\" height=\"1042\"><\/figure>\n<li><strong>Copy the given mnemonic phrases down<\/strong> somewhere safe and private. These phrases will be needed to recover your wallet shall you lose access to them one day. Once done, click <strong>Next<\/strong>.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/mnemonic-phrases.jpg?2\" alt=\"monero mnemonic phrases\" width=\"1174\" height=\"923\"><\/figure>\n<li>You will be tested if you\u2019ve noted down your mnemonic phrases correctly. Follow the instructions to enter the phrases correctly, then click <strong>Confirm<\/strong>. Now <strong>set a PIN or password<\/strong> as you\u2019ll need it when you access your wallet at a later stage and then click <strong>Next<\/strong>.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/verify-mnemonic-phrases.jpg?2\" alt=\"verify mnemonic phrases\" width=\"1168\" height=\"754\"><\/figure>\n<li>That\u2019s it. If you see a screen like the following, that means your wallet has been successfully created. Now <strong>click on your wallet<\/strong>.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/monero-wallet.jpg?2\" alt=\"monero wallet created\" width=\"1174\" height=\"729\"><\/figure>\n<li>A truncated version of your wallet address will be displayed here. To obtain the full address, click <strong>Copy<\/strong>.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/monero-wallet-address.jpg?2\" alt=\"monero wallet address\" width=\"1166\" height=\"859\"><\/figure>\n<\/ol>\n<h2 id=\"step2\">Step 2. Get the mining software (XMRig)<\/h2>\n<p>Next, we will need mining software \u2013 an application that will help you mine Monero. And for that, we will go with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/xmrig.com\/\">XMRig<\/a>, one of the most popular Monero mining apps available right now.<\/p>\n<ol>\n<li>Go to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/xmrig.com\/\">https:\/\/xmrig.com\/<\/a>, <strong>click the green \u2018Download\u2019 button<\/strong> to download XMRig.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/xmrig-website.jpg?2\" alt=\"xmrig website\" width=\"1500\" height=\"723\"><\/figure>\n<li>Choose the XMRig for your operating system and initiate the download process.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/xmrig-download.jpg?2\" alt=\"xmrig download\" width=\"1500\" height=\"1090\"><\/figure>\n<li>Once downloaded, unzip and move the folder somewhere easily accessible, like your Desktop. <\/li>\n<\/ol>\n<h2>Step 3. Generate a config file<\/h2>\n<p>One final step before you can start mining Monero. You will need to generate a <code>config.json<\/code> file from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/xmrig.com\/\">https:\/\/xmrig.com\/<\/a>, and have it replaced with the default config.json downloaded earlier in <a href=\"#step2\">step 2<\/a>.<\/p>\n<p>The process of generating the <code>config.json<\/code> file starts with adding a Monero mining pool.<\/p>\n<p>You can add a <em>custom pool,<\/em> or you can select from the <em>existing list of pools<\/em>. For the sake of simplicity, we will go with the latter. We will talk about creating a custom pool in the <a href=\"#custom_pool\">next section of this article<\/a>.<\/p>\n<h3>1. Adding mining pool (from drop down menu)<\/h3>\n<ol>\n<li>Open <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/xmrig.com\/\">https:\/\/xmrig.com\/<\/a> in a browser.<\/li>\n<li>Navigate to <strong>Wizard<\/strong> &gt; <strong>Pools<\/strong>, then click <strong>+ Add pool<\/strong>.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/add-pools.jpg?2\" alt=\"add pool\" width=\"1500\" height=\"1149\"><\/figure>\n<li><strong>Select a pool<\/strong> from the drop-down menu, <strong>enter your Wallet address<\/strong>, make sure the <strong>Coin is Monero<\/strong>, then click <strong>+ Add pool<\/strong>.<\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/add-pool-from-list.jpg?2\" alt=\"add pool from list\" width=\"1500\" height=\"598\"><\/figure>\n<\/ol>\n<p><strong>Note:<\/strong> To help decide which pool to choose, you can go to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/miningpoolstats.stream\/monero\">miningpoolstats.stream\/monero<\/a> to get a good understanding of all Monero mining pools with information like:<\/p>\n<ul>\n<li> Pool fees. <\/li>\n<li>The number of users of each pool. <\/li>\n<li>Hash rates.<\/li>\n<\/ul>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/monero-mining-stats.jpg?2\" alt=\"monero mining stats\" width=\"1500\" height=\"988\"><\/figure>\n<h3 id=\"finalize_config\">2. Finalizing other config.json options<\/h3>\n<ol>\n<li>Click the <strong>Backends<\/strong> tab and choose <strong>CPU<\/strong> as your mining type. <\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/backends-tab.jpg?2\" alt=\"backend tab\" width=\"1500\" height=\"683\"><\/figure>\n<li>Go to the <strong>Misc<\/strong> tab, and decide the amount (in percentage) you would like to donate to the development of the app. <em>0%<\/em> being not donating at all, <em>5%<\/em> is the default. <\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/misc-tab.jpg?2\" alt=\"misc tab\" width=\"1500\" height=\"497\"><\/figure>\n<li>Lastly, go to the <strong>Result<\/strong> tab and click the <strong>download<\/strong> button to download your config file. <\/li>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/result-tab.jpg?2\" alt=\"result tab\" width=\"1500\" height=\"992\"><\/figure>\n<li><strong>Replace<\/strong> the downloaded <code>config.json<\/code> with the one in your folder.<\/li>\n<\/ol>\n<p>That\u2019s all. You are now ready to mine Monero on your computer. <strong>Run the program as an administrator<\/strong> and your mining should begin (connecting to the mining pool may take a few seconds).<\/p>\n<p>Here\u2019s how it should look like when the mining is in progress:<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.hongkiat.com\/uploads\/mining-monero-pc\/monero-mining-terminal.jpg?2\" alt=\"monero mining progress\" width=\"1074\" height=\"498\"><\/figure>\n<h3 id=\"custom_pool\">Bonus: Adding mining pool (Custom pool)<\/h3>\n<ol>\n<li>Open <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/xmrig.com\/\">https:\/\/xmrig.com\/<\/a> in a browser, navigate to <strong>Wizard<\/strong> &gt; <strong>Pools<\/strong>, click <strong>+ Add pool<\/strong>, and select <strong>Custom pool<\/strong>. <\/li>\n<li>Refer to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/mymonero.com\/\">https:\/\/mymonero.com\/<\/a> for the <strong>Host<\/strong> name. <\/li>\n<li>Keep \u201c<strong>keepalive<\/strong>\u201d and \u201c<strong>nicehash<\/strong>\u201d checked. <\/li>\n<li>Paste your wallet address in <strong>User<\/strong>. <\/li>\n<li>Select <strong>Monero<\/strong> for Coin, and <strong>rx\/0<\/strong> for Algorithm. <\/li>\n<li>Click <strong>+ Add pool<\/strong> and resume steps at <em><a href=\"#finalize_config\">2. Finalizing other config.json options<\/a><\/em>.<\/li>\n<\/ol>\n<h2>Conclusion<\/h2>\n<p>Keep in mind that rewards through Monero mining are subject to a minimum balance. Allow your computer to perform the mining job for you now while you wait for your XMR incentives. Once the pool delivers the initial payout, your earnings will appear in your wallet.<\/p>\n<p>Mining Monero is pretty easy to get started with because it does not require expensive mining hardware like bitcoin. Monero has also established itself as the main privacy currency. That implies it has a lot of upward price potential, which might help you make more money mining Monero.<\/p>","protected":false},"excerpt":{"rendered":"<p>Monero (XMR) is an open-source cryptocurrency based on Unlinkability and Untraceability. This means that it will be nearly impossible for one to link two Monero transactions or trace the source of the funds. Monero\u2019s high anonymity is achieved using the Cryptonode protocol meaning that random transactions on the blockchain are mixed with the correct transactions,&hellip;<\/p>\n","protected":false},"author":387,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3398],"tags":[4620,3825],"topic":[],"class_list":["entry-content","is-maxi"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Mine Monero (XMR) On Your PC - Hongkiat<\/title>\n<meta name=\"description\" content=\"Monero (XMR) is an open-source cryptocurrency based on Unlinkability and Untraceability. 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