This video introduces one of my favorite virtual currency Monero And introduce the use of Monero wallet and how to mine Monero, etc. Bitcoin is the originator of the virtual currency world Bitcoin is a distributed public ledger For example, address A transfers 3 bitcoins to address B. This information is open and transparent Everyone who cannot be tampered knows the information clearly For personal privacy For people, is there a possibility to hide the information of address A and address B It hides the number of transfers and the network path information of computer transfers cannot be tracked.
This is the reason why Monero came into being Monero uses Stealth Addresses technology to hide the address of the transaction Use RingCT technology to hide the number of transactions Use Ring Signatures technology to hide the process of transaction transmission Perfectly solve the above problems in the whole transaction process Only the sender and receiver know the entire transaction, others cannot know the content of the transaction at all Because of the above characteristics of Monero In the dark web, people like to use Monero for transfer transactions We log in to the official website of Monero to download the official wallet Open the downloaded directory after downloading We unzip the compressed package Here we double-click to open the wallet We choose the language of the wallet to be simplified Chinese We choose the advanced mode for the type of wallet because this mode is fully functional If we use the wallet for the first time, we need to create a new wallet You can name this wallet at will The most important thing is to keep these mnemonic words Because of these mnemonics, you can restore your wallet.
It doesn’t matter if you forget anything. As long as the mnemonic phrase does not forget that the wallet is still yours Here I save the mnemonic words in a txt file After backing up the mnemonic, click Next This password is the password you use when you use the current wallet If this password is forgotten, it can be reset by mnemonic The default wallet is a full-node wallet that slowly synchronizes the data of the block The default block data is stored in the C drive of the computer This data exceeds 100G and will gradually increase Therefore, it is best to find a non-system disk with a large capacity Store This boot node is before the block data of the wallet is fully synchronized The priority is to use the block data of the remote node.
The local block data will be slowly synchronized. If the local block data synchronization is completed, it will switch to the local block data The block data of the remote node is no longer used Using the boot node can help us quickly use the wallet boot node can be found on the official website In the user guide Click the option of how to connect to the remote node and drop it down Find this host Copy the name and port to the corresponding location of the wallet This is all the setting information of the wallet Click Create Wallet to complete the creation of the wallet Enter the wallet password you just set After the wallet is logged in, it will be automatically synchronized Block data and save it locally The current wallet address and account balance displayed in the account column The payment column shows the payment address The number and priority of the transaction can increase transaction fees to increase the speed of the transaction.
You can save frequently used payment addresses here The payment column shows the address of the payment and the QR code of the payment In the next mining, you need to copy the payment address. The following will be used Find the latest mining software on github Scroll down to select the windows version and click to download After the download is complete, open the file directory and I put it on the desktop You need to close the anti-virus software or add the trust list before decompression Here I add the path of the desktop to the trust list Unzip the file after adding it Select the config.json file in the folder to open it We need to modify three places The first one is the address of the mining pool The second is the address of the wallet and the third is the name of the miner.
This name can be modified at will Save the file after modification We run the mining program You can see that mining is already in progress On this window Press the h key to display hashrate information Press the p key to pause mining and press the r key to restart mining Press the s key to return to the mining information and press the c key to return to the information of connecting to the mining pool This shows that the mining task is already in progress Let's press the (keyboard) h key to check the mining power information Here you can see that my cpu computing power is more than 2600h in total Both OPENCL and CUDA here are the programming interfaces of the graphics card Monero can be called at the same time GPU to mine Since my computer is a GTX 1080Ti graphics card So I can start GPU mining by calling the CUDA plugin Here we click CUDA plugin Click Download There are many versions as you can see here We want to find the corresponding version and can't download it randomly.
Here we open the command line The shortcut key is windows key + R key Type cmd and then type nvcc –version on the command line Here you can see that the current version of my CUDA compilation tool is 10.1 then we download the corresponding version just fine Here we wait for the download to complete After the download is complete We put this file on the desktop We copy and paste the decompressed file to the same directory as the Monero mining tool We open the configuration file to modify the corresponding configuration Here we start CUDA and change enable to true Loader fill in the path of xmrig-cuda.dll Here pay attention to the format of the path to be filled in Save the configuration after filling in Re-run the mining program You can see that CUDA shows the current version number here It also shows that the graphics card is working Let's press the h key to check the efficiency of mining It can be seen that the total computing power of the cpu is more than 2100h The computing power of CUDA is more than 700h.
Here is an explanation. Because my computer is running screen recording software, it will cause The cpu's computing power fluctuates greatly. This is because I stopped Screenshot of the real computing power after the screen recording software It can be seen that the computing power of my computer's cpu is more than 4200h The computing power of the graphics card is more than 700 hours. The total computing power is about 5000 hours. Let's check the mining information on the web page Fill in the address of the wallet here and press Enter You can see that the above is the curve of computing power This is the name of the current miner Show that there is a miner, these show the total hash value We can click here to set the minimum payment The minimum amount shown here is 0.01 xmr Let's fill in 0.01 to see the effect An error is reported here, showing that the minimum amount of 0.1 xmr can be paid Here I re-modified and changed the number to 0.1 This shows that it has been updated successfully Here we look at the total computing power of my computer is more than 5000h How many xmr can be dug per day You can see that I can mine 0.0015 xmr every day Finally, I will teach you a little trick.
We can modify the configuration of Monero File to hide the mining interface. We are in the configuration file Just set the background property to true We double-click the mining program The window will flash by and hide. Let's open the task manager You can see that this process is already secretly mining According to the computing power of my computer, I can mine 0.0015 Monero every day The price of Monero is now 1,500 RMB Then the daily income is 1500×0.0015 =2.25 When I was mining, the power consumption of the computer was about 380w If the electricity bill is 0.65 yuan per kWh, then my daily electricity bill is about 6 yuan. So my daily income from mining is about 2.25-6 = -3.75 In other words, if you use your computer to mine Monero at home It is a loss because the income from mining cannot pay the electricity bill. I personally think that it is not suitable for mining Monero at this stage. So mining Monero at home is not recommended unless your electricity bill is free The above content introduces you to the relevant information of Monero and hopes to help you