I changed mining pools for Monero

I have been using minexmr.com for the last month since I started mining XMR with my CPUs. I have around 25 KH/s with my 5 rigs makes a total of that amount. But I still want to mine responsibly, and since the mentioned pool was closing in on 50% of the hashrate. I felt like it was my duty to change pools. If the hashrate was to stay at over 50% for a single pool, technically a 51% attack could occur, greatly jeopardizing the coins security and trust. So when this starts to happen, people move pools.

Looking at how the hash rate is distributed I felt like I needed to move, even with my small amount of hash power I thought it would be a good idea to try a smaller pool

Hah Monerod is not even on the map its so small, curious how this will play out.

Minexmr.com is the largest pool, by far.. Currently sitting at 34% of the overall XMR hashrate. It was higher just a week or so again, and people on discussion boards were urging people to move pools. This is not the first time this has happened with proof of work mining pools. Bitcoin has been close to 50% for a single pool, and just like now with Monero people were making the call for people to move pool. Which they did and spaced out the mining distribution across more pools.

So I have moved pools for Monero, now I am mining on the monerod.org pool. Its much smaller, with only around 15 MH/s for the entire pool compared to 973 MH/s for minexmr.com

I am going to keep an eye on my rewards, its possible mining on such a small pool I may have bad luck in finding blocks. But I will let it run for a week or two and then see how my rewards are. Normally I make anywhere from 0.0048 0.0109 XMR a week previously to the pool move. So I will see soon how this all plays out.

Here are my current CPUs I am mining with:

Intel i9 9900k 8-core (5.75 KH/s)
AMD Ryzen 5 1400 4-core (2.26 KH/s)
AMD Ryzen 5 1400 4-core (2.27 KH/s)
AMD Ryzen 7 1700 8-core (5.17 KH/s)
AMD Ryzen 7 5800X 8-core (9.13 KH/s)

Total hashrate: 24.58 KH/s

Below is a link to the pool I am on now:

https://monerod.org/pool.html

For more info on my plans for mining the rest of 2021 and into 2022 check out my post below:

@solominer/solo-s-proof-of-work-mining-plans-for-2021-and-into-2022

But the short of it is, I plan on mining XMR with CPUs into 2022. Waiting for the final difficulty adjustment to take place and then I will decide to move my hashing power to another CPU coin. Though there are not many at this time (December 2021) to mine with using a CPU. Yes there are coins to mine with a CPU but they have little to no volume and very little exchange support. So for now I will mine XMR, even if I do not really like the coins fundamentals.

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now