Monero Mining Profit Calculator
Here’s a comprehensive table summarizing key information about Monero mining profitability:
Aspect | Details |
---|---|
Current Block Reward | 0.6 XMR (as of 2024) 2 |
Block Time | 2 minutes 24 |
Mining Algorithm | RandomX (ASIC-resistant) 12 |
Network Hashrate | ~2.8459 GH/s (as of Oct 2024) 5 |
Mining Difficulty | 365,311,907,847 (as of Oct 2024) 4 |
Current XMR Price | ~$157-$159 USD 45 |
Preferred Hardware | CPUs (AMD Ryzen, Intel Core) 12 |
Top CPU Performance | AMD EPYC 7502P: ~23.9 KH/s 2 |
Mid-range CPU Performance | Intel Xeon E5-2670 v3: ~11.4 KH/s 2 |
Power Consumption | Varies by hardware (e.g., 280W for high-end CPUs) 4 |
Mining Pools | MineXMR, 2Miners, SupportXMR 1 |
Pool Fees | Typically 0-2% 2 |
Mining Software | XMRig, XMR-Stak, MinerGate 2 |
Profitability Factors | Hashrate, power consumption, electricity cost, XMR price 3 |
Daily Mining Estimate | ~0.00830151 XMR per 54 KH/s 4 |
Time to Mine 1 XMR | ~120.5 days with 54 KH/s hashrate 4 |
Pros | ASIC-resistant, can use consumer hardware 3 |
Cons | Lower rewards post-emission, fewer wallet options 3 |
Additional Costs | Hardware, cooling, electricity 2 |
Profitability Check | Use online calculators for current estimates 3 |
Remember that mining profitability can change rapidly due to fluctuations in Monero price, network difficulty, and other factors. Always use up-to-date information and consider all costs before investing in mining equipment.