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Monero Mining Guide

Getting Started

Mining monero has never been easier, so get started today
Step 1: Get yourself a Monero address to mine to! We recommend using the Official GUI Wallet if you don’t yet have a Monero wallet
Step 2: Download a miner which you want to use. Monero can currently be mined on CPUs, and on NVIDIA and AMD GPUs. Note that mining on GPUs is currently not very efficient. We recommend using XMRig, available at xmrig.com.
Step 3: Setup your miner. Example command line for xmrig:
xmrig -o pool.minexmr.com:4444 -u 47wcnDjCDdjATivqH9GjC92jH9Vng7LCBMMxFmTV1Ybf5227MXhyD2gXynLUa9zrh5aPMAnu5npeQ2tLy8Z4pH7461vk6uo
You can also use the XMRig config wizard
Then sit back and wait for your pending balance to start increasing on your dashboard

If you have a GPU, maximise your returns by mining a different coin (ETH, RVN, etc) on your GPU at the same time as mining Monero on your CPU.

Warnings

We recommend that you do not use Freewallet, Changelly or Coinfloor.

Payments

You can see your pending balance on your dashboard. Once it is above your threshold, it will be sent automatically without a tx fee.
If you want a payout before you reach your threshold, you can use the Send Now option on your dashboard. Your balance will be sent instantly, but you will need to pay 0.0004XMR for the tx fee. The minimum payout is 0.004XMR.

Pool Fees

We charge a fee of 1% on mining rewards. We aim to provide 1 month notice before changing any pool fees.

Connection Details

There are multiple mining pool servers in various locations. Select the closest one to you in order to reduce the number of expired shares.

Mining Ports

When configuring your miner you can choose from the following pool ports

4444 Standard port

443 TLS port

If you are using Nicehash you should use

3333 Nicehash port

The difficulty auto adjusts on all ports apart from 3333. Do not hard code IP addresses as these may change.

Fixed diff: Append +DIFF to your username, min fixed diff is 100000. eg WALLET+DIFF Your fixed diff should be at least 60*YOUR_HASHRATE, or it may be increased by the pool.

Supported Mining Proxies

If using more than 100 miners, we recommend using a proxy to make them easier to manage and to optimise the connection to the pool. We support the following proxies:

xmrig-proxy

The minimum fixed difficulty when using xmrig-proxy is 2000000.
Your fixed diff should be at least 30*YOUR_HASHRATE, or it may be increased by the pool.

xmr-node-proxy

The minimum fixed difficulty for xmr-node-proxy is 2000000. This cannot be changed.
We recommend using xmr-node-proxy without a fixed diff, the pool will instead auto-adjust it for you.

Using Rig IDs

Each wallet may have many rig IDs which let you view their hashrate individually, while they all contribute to the same wallet for payments. You can use the rig-id feature in miners which support it. Rig IDs should be alphanumeric and shorter than 20 characters.
Inactive workers will be automatically removed after a week.

Wallet & Daemon Software

There are a number of monero wallets available. On PCs we recommend using MyMonero if you want to quickly setup a wallet, or the official Monero daemon and wallet from getmonero.org for better security.
On mobile we recommend using CakeWallet.

Mining Apps

We currently recommend XMRig or SRBMINER

PPLNS

Pay Per Last N Shares (PPLNS) is a method of distributing earnings amongst miners. It distributes payouts for each block amongst the last N shares, regardless of when the previous block was found. This solves the issue of pool hopping, where it is more profitable to mine straight after a block is found. With PPLNS, loyal miners will get the better profits.
Minexmr operates using PPLNS with a window of approximately 30 minutes (dependant on factors including pool hashrate). This means that there will be a ramp up and ramp down in payments when you start or stop mining.

Invalid Shares

Invalid shares should not occur with a properly set up miner. They are commonly caused by an old miner software version, or unstable overclocks. The shares will not be credited, and your miner will be notified. There is no penalty for submitting invalid shares, however if you submit too many you will be banned temporarily.

Expired Shares

Expired shares are a regular occurrence, since there is always some latency (less than 1 second) between the network finding a new block and all miners being notified. Some miners however error out when the pool tells them the submission is expired. Because of this, the pool will send an OK to recently expired shares and you will be able to see them in your dashboard.

Botnet / Web Mining Policy

Sadly it happens that Botnets often run cryptominers on infected PCs. minexmr does not support botnets, web miners or any other illegal activities. Any account suspected of botnet mining or web mining will be banned.
Please contact to report any incident.

Using Many Miners

If you are running a legal operation with a large number of miners (ie more than 100 miners), please setup and use xmrig-proxy, which allows more efficient management of workers.

Terms and Conditions

By using our pool you agree to follow our Terms and Conditions

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Monero

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