PSA: current mining hashrate - monero.town
monero.town
Since the dramatic decrease in hashrate[1] on 29/05/24 from ~2.8 GH/s to ~1.8 GH/s as of 01/06/24. This has shaken up the pool distribution[2]; as a result, nanopool now holds ~576 MH/s (30% of the total 1.8 GH/s.)This isn’t a five-alarm fire, but it is mildly concerning. This can potentially repeat the MineXMR 51% scare of 2022[3]. If any of you fine folks would consider mining on a decentralised pool such as p2ool[4], now is the time.  Ps,  I am in no way affiliated with p2ool. Happy mining. [1] https://www.coinwarz.com/mining/monero/hashrate-chart [https://www.coinwarz.com/mining/monero/hashrate-chart] [2] https://miningpoolstats.stream/monero [https://miningpoolstats.stream/monero] [3] https://cointelegraph.com/news/monero-community-concerned-as-leading-mining-pool-nears-51-of-ecosystem-s-total-hash-rate [https://cointelegraph.com/news/monero-community-concerned-as-leading-mining-pool-nears-51-of-ecosystem-s-total-hash-rate] [4] https://p2pool.io/#pool [https://p2pool.io/#pool] ~baz

Since the dramatic decrease in hashrate[1] on 29/05/24 from ~2.8 GH/s to ~1.8 GH/s as of 01/06/24. This has shaken up the pool distribution[2]; as a result, nanopool now holds ~576 MH/s (30% of the total 1.8 GH/s.)This isn’t a five-alarm fire, but it is mildly concerning. This can potentially repeat the MineXMR 51% scare of 2022[3]. If any of you fine folks would consider mining on a decentralised pool such as p2ool[4], now is the time.

Ps, I am in no way affiliated with p2ool. Happy mining.

[1] https://www.coinwarz.com/mining/monero/hashrate-chart

[2] https://miningpoolstats.stream/monero

[3] https://cointelegraph.com/news/monero-community-concerned-as-leading-mining-pool-nears-51-of-ecosystem-s-total-hash-rate

[4] https://p2pool.io/#pool

~baz

        • tusker@monero.town
          3·
          6 months ago

          It is more like a plea to decentralize the Monero mining network, no one is making anything off of p2pool, unlike all the other centralized pools that charge a fee and reduce the security of the network.

          Unless you are solo mining you should be using p2pool and nothing else.

          • ReversalHatchery@beehaw.orgEnglish
            1·
            6 months ago

            I’m fairly new around here, I’m not yet familiar with most monero related services so maybe I didn’t assess it properly, sorry if that’s the case

            • shortwavesurfer@monero.townEnglish
              3·
              6 months ago

              All good. If you have any questions, feel free to ask. If I don’t know the answer, I’ll tell you that I don’t know the answer. But I’ve been around long enough that I know the answers to most of the questions that are common anyway.