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How do I find my monero address?
Open an existing wallet and type address and viewkey commands to display the wallet's address and its private (secret) view key. Type exit to close the wallet. Next, create your view-only wallet by typing monero-wallet-cli –generate-from-view-key wallet-name . The last argument will be your new wallet's file name.
How do I retrieve my monero wallet?
How to restore a wallet from mnemonic seed on Monero GUI
- On the main menu, click on Restore wallet from keys or mnemonic seed .
- The Restore wallet page will be displayed:
- On Wallet name , enter the name of the wallet you want to create. …
- On Wallet location , choose where you want the wallet file to be saved.
How long will it take to mine 1 Monero?
As of Monday, November 28, 2022, it would take 145.7 days to mine 1 Monero at the current Monero difficulty level along with the mining hashrate and block reward; a Monero mining hashrate of 42,000.00 H/s consuming 450.00 watts of power at $0.10 per kWh, and a block reward of 0.65 XMR.
How many GPU does it take to mine 1 Monero?
None. Monero is mined with Cpus. To mine monero you need CPus with as many cores as you can get, and big level 3 cache. Old Xeons E5 are not good enough because they have only enough level 3 cache for real cores, so you cannot use hyperthreading.
Can IRS trace Monero?
US Homeland Security Can Now Track Privacy Crypto Monero Cryptocurrency intelligence firm CipherTrace announced today that it has developed a toolset for tracing Monero (XMR) transactions—and that it has done so at the behest of the United States De… Create an account to save your articles.
Is Monero and XMR the same?
Monero (XMR) is an open-source, privacy-oriented cryptocurrency that was launched in 2014. 1 It is built and operates on the concept. These blockchains, which form the underlying technology behind digital currencies, are public ledgers of participants' activities that show all the transactions on the network.
Is Monero still untraceable?
Compared to something more public and traceable like Bitcoin, Monero (currently valued at approximately $137 USD per coin) uses a technology suite to obscure transactions and is generally considered far more "anonymous" than its more well-known counterpart.
What is the easiest crypto to mine?
Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.
Which miner is best for XMR?
NanoPool allows users to mine several digital coins, including XMR. You can mine Monero both with your CPU and GPU. MoneroOcean makes it possible to mine Monero or even more profitable coins but still get payments in XMR. SupportXMR is the best Monero miner when it comes to community.
How much RAM do I need for Monero?
RAM frequency and timing settings for Monero mining. Note that setting XMP might not be the most optimal setting for mining. We suggest setting RAM frequency to 3200 MHz, Infinity fabric to 1600 MHz, and RAM timings to auto. These should be default OC values for every RAM model when mining the RandomXMonero algorithm.
Do criminals use Monero?
This is why more hackers are turning to coins like dash, zcash, and monero, which have additional anonymity built into them. Monero, in particular, is increasingly the cryptocurrency of choice for the world's top ransomware criminals.
How does IRS know if you own crypto?
First, many cryptocurrency exchanges report transactions that are made on their platforms directly to the IRS. If you use an exchange that provides you with a form 1099-K or form 1099-B, there is no doubt that the IRS knows that you have reportable cryptocurrency transactions.
How many Monero are left?
Monero
| Denominations | |
|---|---|
| Block reward | XMR 0.6 |
| Block time | 2 minutes |
| Block explorer | xmrchain.net |
| Circulating supply | ~XMR 18.2 million |
Why Monero is not popular?
Although some use Monero for ransomware and other illegal activities, other users just don't want a public record of their cryptocurrency transactions. Monero does have its potential issues. Countries have banned it and exchanges have delisted it.
Does the dark web use Monero?
In the case of this dark market, you pay using monero, a privacy coin. And in some ways, this corner of the dark web is a throwback to the earliest days of cryptocurrency adoption.
Why is Monero not popular?
Although some use Monero for ransomware and other illegal activities, other users just don't want a public record of their cryptocurrency transactions. Monero does have its potential issues. Countries have banned it and exchanges have delisted it.
What is the most profitable coin to mine?
10 BEST Cryptocurrency to Mine with GPU [Most Profitable]
- Comparison of the Most Profitable Coins to Mine.
- #1) Vertcoin.
- #2) Bitcoin.
- #3) Monero.
- #4) Ravencoin.
- #5) Haven Protocol (XHV)
- #6) Ethereum Classic (ETC)
- #7) Bitcoin Gold.
Can shiba inu be mined?
While Shiba Inu cannot technically be mined, you can tap into workarounds to earn SHIB in exchange for staking, which is a passive process similar to mining.
Is Monero hard to mine?
Similar to Zcash mining and Ethereum mining, Monero mining (aka XMR mining) is very simple. Even better – you can still mine Monero with CPU, so your Mac or PC can actually earn you coins as well.
Do hackers use Monero?
This is why more hackers are turning to coins like dash, zcash, and monero, which have additional anonymity built into them. Monero, in particular, is increasingly the cryptocurrency of choice for the world's top ransomware criminals.
Is sending Monero traceable?
Monero transactions are confidential and untraceable. Unlike selectively transparent alternatives (e.g. Zcash), Monero is the only major cryptocurrency where every user is anonymous by default.
Will IRS know if I don’t pay taxes on crypto?
Despite the anonymous nature of cryptocurrencies, the IRS may still have ways of tracking your crypto activity. For example, if you trade on a crypto exchange that provides reporting through Form 1099-B, Proceeds from Broker and Barter Exchange Transactions, they'll provide a reporting of these trades to the IRS.
How do I cash out crypto without paying taxes?
9 Different Ways to Legally Avoid Taxes on Cryptocurrency
- How cryptocurrency taxes work. …
- Buy crypto in an IRA. …
- Move to Puerto Rico. …
- Declare your crypto as income. …
- Hold onto your crypto for the long term. …
- Offset crypto gains with losses. …
- Sell assets during a low-income year. …
- Donate to charity.
Is Monero illegal?
Is Monero Illegal? Monero is not an illegal cryptocurrency. Unlike others, it is a privacy-oriented cryptocurrency that provides users with anonymity. This means it is not traceable.
Can Monero be banned?
Although some use Monero for ransomware and other illegal activities, other users just don't want a public record of their cryptocurrency transactions. Monero does have its potential issues. Countries have banned it and exchanges have delisted it.
How can I check my monero mining status from pool.minexmr …
https://forum.getmonero.org/5/support/89473/how-can-i-check-my-monero-mining-status-from-pool-minexmr-com
Hi to all, I started mining monero since 2 days with monero spelunker. I set my wallet address (I checked, it is correct). I pressed start mining button: the …
How to mine on a pool with XMRig – Monero
https://www.getmonero.org/resources/user-guides/mine-to-pool.html
Windows users can double click on xmrig.exe. Users of other operating systems should cd into the directory that contains XMRig and then type ./xmrig and press …
Mining Monero
https://www.getmonero.org/get-started/mining/
Monero is a cryptocurrency that relies on proof-of-work mining to achieve distributed consensus. Below you’ll find some information and resources on how to …
XMR Monero Mining Guide : Getting Started With Monero
https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
XMRpool.eu is supports mining rig identification or workers. In order to register worker simply add +worker_id to miner configuration. … It’s important to put …
How to Name Worker? : r/MoneroMining – Reddit
Hello. I’m using MO XMrig with NVIDIA. When I check the moneroocean website it shows my worker labeled as “x”. How do I create a custom name …
Monero Mining Pool Guide – MINEXMR
https://minexmr.com/
Use your computer to mine monero using p2pool. Frequent rewards with small pool fee.
Monero Mining: A Comprehensive Guide on How To Mine …
https://beincrypto.com/learn/monero-mining/
Now, let your device do the work for you and wait for the XMR rewards. You will see your rewards directly in your wallet, once the pool sends …
MyMonero
https://mymonero.com/
There’s no Monero blockchain node to run. The MyMonero server does the heavy lifting for free. Forget spending days syncing the blockchain from your phone while …
MoneroOcean: Monero (XMR) Mining Pool
https://moneroocean.stream/
Welcome to MoneroOcean mining pool! Here you can mine Monero or even more profitable coins but still get payments in Monero, the best private cryptocurrency …