How to mine Monero (XMR)

13/05/2024

Video how to mine Monero XMR on Windows and HiveOS👇

Step one — register a wallet

  1. Register the wallet using the MyMonero. Detailed instruction on How to create XMR wallet.
  2. You can trade Monero (XMR) with on of the following exchangers: MEXC, KuCoin, Gate.io.

We do not recommend mining to exchange. If you choose mining to the exchange, you do so at your own risk. Not your keys — not your crypto!

Quick-start mining settings

Monero Pool — https://pool.kryptex.com/xmr

Pool address: xmr.kryptex.network:7777

Wallet format: WALLET_ADDRESS/WORKER_NAME

For mining Monero coin we recommend using CPUs no older than 2016. The more powerful the processor is — the higher the profitability. It makes no sense to mine Monero on video cards — there are more profitable coins for them.

Table of compatible CPUs: https://pool.kryptex.com/en/device/cpu

For XMR mining, also use Antminer X5 ASICs from Bitmain.

Step two — download and set up the miner

If you are an experienced miner, use our guide on “How to start mining on Kryptex pools”. Don't waste a second of your time. If you are a beginner and have never set up mining on your own, this guide is for you!

  1. Download a miner for Monero coin. We recommend XMRig. We will use XMRig as an example.

    • Antiviruses don't like miners. During the download, your antivirus or firewall may warn of danger - they try to play it safe because they do not know if you are downloading the miner consciously or not. Allow the download of the file, or pause the antivirus while the file is downloading.

  2. Extract the miner’s archive to a folder convenient for you, for example, to your desktop.

    • Add miner files to your antivirus exclusion list if, for some reason, it decides to block or delete them. Disable PUA protection. Do not add the entire miner folder, but only specific files. Otherwise, if an actual virus gets into the miner folder, the antivirus will not be able to protect you.

  3. Open the folder with the miner, and turn on the display of file extensions:

    • In the explorer window, click "View”;

    • Tick “File name extensions” option.

  4. Allow the miner to run with administrative privileges:

    • Right Mouse Click xmrig.exe file

    • Choose “Properties”

    • Choose “Compatibility” tab

    • Tick “Run this program as an administrator”

    • Press “Apply” and “OK”

  5. Open the Monero pool page https://pool.kryptex.com/xmr

    • In the “Wallet address” field, enter the wallet address that you registered earlier. Wallet address example: 868KppKB3fqSpZcYPXCHehiWcGKXWoDJhdTx7QADd6cdHuVDLt1wHfFU23dGkavVPk3iocxMmuNBVUKRtDYKcYQfNXE2QYW

    • In the “Worker name” field, enter the name of the mining rig that will mine on the pool, for example, MyRigXMR. Please note that the name is entered only in Latin letters, or numbers, without spaces.

    • Copy the complete command from the field “BAT file example”

  6. In the folder with the miner, create a plain text document .txt with the Notepad application. Let's call it Kryptex Monero Pool. Then, open the file, and paste the copied sample BAT file into the document.

  7. Save the file, and make it a BAT file. Rename your file’s .txt extension into .bat

  8. Run the BAT file and mining will start!

    • At the launch your antivirus or firewall may display a message about a suspicious file or a request to provide access to the Internet — allow the access and add the miner's files to the exceptions.

Step three — monitor the work of your miner on the pool

  1. Open Monero pool page https://pool.kryptex.com/xmr

  2. Paste your wallet address into the search field, and press Enter.

  3. You will see a page with the statistics of your wallet and your mining rigs. Statistics refreshes every 10-15 minutes.

Step Four — payout

Payouts are processed automatically once an hour when they reach the payout threshold.

How to set the payout threshold?

  1. Open the pool page and enter your mining address;

  2. Press the “Settings” button.

  3. Set the desired “Payment Threshold”. Minimum and maximum payment threshold mentioned at the pool home page. There is no payout fee — Kryptex pays it for you 🖤

  4. In the "Ip Address" field, enter the IP address of the worker which name the site prompts you. The IP address of your mining rig. The IP address must end the same as indicated in the prompt on the site (see the last digits). Learn your IP here https://ipinfo.io/ip

  5. Press the “Submit” button.

  6. Track the status of your payments in the "Payouts" tab.

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