Monero(XMR)
History

Monero(XMR) was created in 2014 with the goal of providing maximum privacy in transactions.
Unlike Bitcoin, Monero hides the sender, receiver, and transaction amount using techniques such as ring signatures, stealth addresses, and RingCT.
It uses the RandomX algorithm, which is optimized for CPU mining, making the network more decentralized and more resistant to ASICs.


characteristics
  • Algorithm: RandomX
  • Block Time: 2min
  • Max Supply: ∞ XMR
  • Block Reward(First Block): 18 XMR
  • Block Reward(Current): 0.6 XMR
  • Halving Schedule: Inexistent(Tail Emission, finished)
  • Difficulty Adjustment: Every 1 blocks

Preferred Mining Hardware: CPUs

Preferred Mining Software: Visit Mining Softwares Page.

Pool Explorer: MiningPoolStats


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