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>Monero is explicitly designed to remain CPU mineable You're not wrong, but it can be and is mined on GPUs. Not sure about the payback period though because it
by technofiend 5y ago
>Monero is explicitly designed to remain CPU mineable
You're not wrong, but it can be and is mined on GPUs. Not sure about the payback period though because it is very CPU sensitive and the top benchmarks are for AMD's EPYC processors which don't come cheap. An i9-12k handily mines several times more than an Nvidia GPU so GPU mining payback is also potentially slow.
At least according to the online guides it's also a losing proposition relative to the costs of electricity. So then allegedly the only way to profitably mine it is on someone else's energy and maybe their hardware too. For anyone truly seeking anonymity it seems like far less work to buy Monero from a localcoin vendor rather than mint your own, unless you have a lot of free time and hardware on your hands. Which may explain why antivirus software assumes if you're mining with xmrig, you've been pwned.
- dannyw 5y agoMonero has a pretty active development community. If GPUs ever get close, they'll change RandomX.
- mythrwy 5y agoYou can't mine Monero currently with GPUs? I haven't mined in years and I know they changed away from the cryptonight algorithms but I used to mine on both CPU and GPU.
- technofiend 5y agoOh, yes. Yes you can. Go load xmrig and enable the opencl / cuda extensions if you don't believe me. Example output: | CUDA # | AFFINITY | 10s H/s | 60s H/s | 15m H/s | | 0 | -1 | 1710.7 | n/a | n/a | #0 01:00.0 NVIDIA GeForce RTX 3080 Ti | - | - | 1705.3 | n/a | n/a |
- mythrwy 5y agoThanks. That's what I thought, good to see it's still possible.