diff --git a/copy/get-started/mining.md b/copy/get-started/mining.md index 1bfb632..129a178 100644 --- a/copy/get-started/mining.md +++ b/copy/get-started/mining.md @@ -1,29 +1,57 @@ -# Subheading +# What is mining? -Copy here +Mining is the process of solving math problems provided by the Monero network. These problems get more difficult if more people are trying to solve them, and they get less difficult when less people are. The problems are difficult enough to be solved about once every two minutes. -# Hardware +Why bother giving miners problems to solve? The person who solves the problem can determine the latest Monero transactions to be included in the blockchain. If one person can make these decisions all the time, it could lead to censorship and attacks. Mining allows anyone the chance to solve this problem, making the solver of the next problem unpredictable. If no single entity controls a large portion of the network, the network can stay secure. -Copy here +Monero uses a more accessible Proof of Work algorithm called CryptoNight, which relies on a lot of memory. ASICS, or special hardware specifically for mining, have a very low amount of memory, making it extremely difficult to mine Monero with an ASIC. Monero is committed to an accessible Proof of Work and will switch to a different, more resistance algorithm if necessary. -# Pools +# What are the two basic types of mining? -Copy here +The two basic types are solo mining and pool mining. -# Support +With solo mining, you are contributing the hashes, or solutions to the network problems, directly. You are directly competing with every other person on the network. If others mine a block by solving the problem, then you do not get a reward. If you mine a block, you will get all the reward. Solo mining is the best way to contribute to network decentralization, but there is large variation in payouts. Professional miners typically do not solo mine. -Copy here +With pool mining, you and several other miners give your hashes to a centralized server called a pool. This pool will submit all the solutions on your behalf. If any participant in the pool solves the next block, then the rewards are distributed among all members based on the contribution of each. For instance, suppose a pool has two miners. One miner is twice as fast as the other. This faster miner would get about 2/3 of the reward from the block, while the slow miner would get about 1/3. The pool itself typically keeps a small fee of 5% or less. -# CPU Mining +# How can I solo mine? -Copy here +Download Monero Core or Monero CLI. Run monerod and wait for it to synchronize with the rest of the network. This may take several hours with a fast hard drive or several days with a slow one. When synchronized, you can use the command `start_mining