Monero Mining

⛏️ Fair CPU pool mining introduction
Monero (XMR) is one of the only projects
which offer a way of mining in a pool as it should be implemented,
with P2Pool:

• Fair - Instant payouts according to your share.
• Decentralized - No pool owners - No centralized party handling the P2Pool.
• Decentralized - Pool participants - Due to the RandomX algorithm being used, no specialized Antic miners can be built for XMR. Meaning that an average Joe can still participate and earn shares with their CPU.
• Private - XMR itself continuously aims for the best possible privacy cryptography can offer.

Source Code / Links:

• Gupax: A GUI (Graphical User Interface),
  to easily mine Monero on P2Pool using XMRig
  https://github.com/hinto-janai/gupax
  https://gupax.io/
• P2Pool: Peer to peer pool, truly decentralized pool for Monero mining
  https://github.com/SChernykh/p2pool
  https://p2pool.io/mini/#pool
  https://p2pool.io/#pool
• XMRig: RandomX, KawPow, CryptoNight and GhostRider unified CPU/GPU miner
  https://github.com/xmrig/xmrig
  https://xmrig.com/
• RandomX: Proof of work algorithm based on random code execution
  https://github.com/tevador/RandomX
• Monero: The secure, private, untraceable cryptocurrency
  https://github.com/monero-project/monero
  https://www.getmonero.org/
• Monero GUI: Official Monero GUI, for wallet, miner and monerod node
  https://github.com/monero-project/monero-gui
• P2Pool Observer: Monitor various P2Pool stats
  https://mini.p2pool.observer/
  https://p2pool.observer
• XMRvsBeast: Enter a free lottery, only for participating XMR miners,
  to win a chance of a short, but serious boost in your hash-rate / payouts!
  https://xmrvsbeast.com/p2pool/
• Monero Fail: An extensive list of publicly hosted monerod nodes
  https://monero.fail/

⛏️ Fair CPU pool mining guide
This guide will help you setting up a fair Monero miner,
please note, that you still will have to create your own config files for:
Gupax, P2Pool and XMRig

1. Use Monero GUI to create a wallet
2. Use Monero GUI to run your own monerod instance (Monero Node daemon),
   configure following startup flags under:
   Monero GUI => Settings => Node => Daemon startup flags:

   --zmq-pub=tcp://127.0.0.1:18083 
   --out-peers 32 
   --in-peers 64 
   --add-priority-node=uwillrunanodesoon.moneroworld.com:18089 
   --add-priority-node=nodes.hashvault.pro:18081 
   --disable-dns-checkpoints 
   --enable-dns-blocklist 
   --prune-blockchain 
   --sync-pruned-blocks 
   --db-sync-mode=safe
   --log-level 1
   

These startup flags will help with:

• Blocking malicious nodes
• Keeping your copy of the blockchain as small as possible
• Provide logging incase a priority-node goes down
  (Use Monero Fail for replacements)

3. Configure the P2Pool + XMRig binary paths in Gupax under:
   Gupax => Gupax => P2Pool/XMRig PATHs
4. Use Gupax to run P2Pool,
   connect to your local monerod instance by configuring P2Pool as following:
   Gupax => P2Pool => P2Pool Mini => Fill in the following:

   Name = Local Monero Node
   IP = 127.0.0.1
   RPC = 18081
   ZMQ = 18083
   Out-peers = 32
   In-peers = 64
   

5. Use Gupax to run XMRig,
   connect to your local P2Pool as following:
   Gupax => XMRig => Command arguments (configure --threads as desired):

   -c config.json 
   -o 127.0.0.1:3333 
   --http-host 127.0.0.1 
   --http-port 18088 
   --threads 30
   

This will make it possible to load a config.json file from the same directory as the XMRig binary

Notes

• If you're gonna run on normal end-user hardware (e.g. Desktop/Laptop/Smartphone), then I'd recommend to mine on P2Pool Mini instead of the main P2Pool
• Your P2Pool wallet adress is public, periodically move mined funds to a new, truly private XMR wallet
• My use-case? I mine to support the cause and to earn a little back from heating my room during winter times 😄