RE: You could say, holders of ETH are moving into Monero by pompe72

Viewing a response to: @darknet/you-could-say-eth-moving-into-monero

steemit · @pompe72 · Sep 3 '16

I tried to mine Steem, but with success.  Now I'm mining Monero with success.

👍 darknet

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@darknet · Sep 3 '16

That is awesome, I too tried mining Steem, with 0 success. Is Monero mining CPU based? ANy good links to get started?

👍 pompe72

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@pompe72 · Sep 3 '16

Typo, I meant Steem with no success.
Try Mymonero for the wallet. Moneropool for mining.  There's also Minergate, but it's not working there for me.

👍 darknet

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@darknet · Sep 4 '16

Thanks for the tips, i'll check those out tonight.

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@smooth · Sep 4 '16

Monero can be mined using CPUs or GPUs

👍 darknet
👎 r4fken

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@darknet · Sep 4 '16 (edited)

Thanks for that answer. I was mining at a HPS of ~2300 lol. My CPU is not powerful enough. Well it is, but 4 threads renders my computer useless, so I ran at 2 threads. :\

Same requirements for Monero you think? Guess I will have to take a look. Still early days there. I assume with GPU mining, it would be quite competitive already.

I wonder even how GPU 2.8(??) large on AWS would be mining Monero, cloud mining? Profitable? I might check. I don't have access to large CPU or GPU at scale here. Fast price rise lately in Monero, could make it viable.

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