Maturity requires blocks
Pool Variance: % (lower is better)
|| Block Hash
|| Time Found
Information for Miners
The pool's average variance/efficiency means on average it is finding each block in % of the estimated time. This is calculated by comparing the hashes required to find each block with the network
difficulty for that block (difficulty is the number of hashes it should take to find the block, on average). We take the average over the last 100
blocks in order to calculate the current "pool variance", which shows how we are performing against the network as a whole.
Whilst the variance for each block can be considered as a "luck factor", over time good/bad luck averages out and other factors will have more effect.
Pool downtime will not be a factor as no hashes are being logged, but if there are performance issues with the daemon it can result in blocks being "missed",
which will lower efficiency.
See the official Getting Started guide at MoneroCC
Looking for a Windows GUI wallet? Have a look at our guide to MoneroClient by Jojatekok
You can find all the download links in the opening post of the XMR BTCtalk thread . If
you have any problems then try searching the thread first, then you if you are still stuck please ask us in IRC chat or send an email.
Remember that Monero is not a Bitcoin clone, even if you are an expert miner take care to learn the basics!
First you need to get yourself a wallet address - you cannot mine to an exchange address, you will lose your coins
How to get mining
Next you need to find a suitable miner for your system, remember that you can CPU and GPU mine on the same PC for extra hash!
Start your miner and you should start seeing messages like "Share Accepted" - enter your wallet address on our Home page and you will see you hashes are being recorded!
Several exchanges now trade XMR, but remember to use the payment ID when transferring your coins to them. If you are not sure you are doing it right then
send a small amount first to test!
Although there are several ways your XMR can go missing for a while, its actually quite hard to lose them completely, so dont despair and ask for help - you should be able to recover your coins :)
- Install Bitmonerod and download an up to date copy of blockchain.bin to reduce the time it takes to sync
- Bitmonerod is still under development, be aware that it needs approx 2GB of drive storage and it can use a lot of Internet bandwidth -
if you have a restricted connection make sure UPnP is disabled on your router
- Once you have the Monero blockchain synchronised you can install and run SimpleWallet to generate your address for mining
- The anonymous technology behind Monero, Cryptonote, means you cant see the balance of any address from the blockchain, your SimpleWallet has
to scan the blockchain for transactions matching your private keys, so bitmonerod has to be running to get an up to date balance
The pool uses the new min balance payout system in order to reduce "dust" outputs, which made it harder for miners to transfer XMR
After the pool finds a block it requires 60 more blocks in order to be confirmed - on the "Pool Blocks" list it will turn green
Once confirmed the reward will be split between miners proportional to the hashes they contributed and your pending balance will increase
Payouts are then made in units of 0.1XMR, with any remainder held in the pending balance.