Proof of Work
One of Monero’s philosophies is to maintain egalitarian mining, so that everyone can have the possibility to mine. To achieve this, Monero uses a particular algorithm ideated and developed by members of the Monero community: RandomX. This PoW algorithm is ASIC resistant, which means it’s impossible to build specialized hardware to mine Monero. Miners must use consumer-grade hardware and compete fairly.
Monero can be mined by both CPUs and GPUs, but the former is much more efficient.
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Solo or pool mining
Miners can decide if they prefer to solo mine or to mine in a pool. Each method has its benefits and drawbacks, but the Monero Project encourages individuals to solo mine using the Monero software (GUI and CLI), as this type of independent mining is the most effective way to increase the robustness of the Monero network. Mining using P2Pool is also encouraged.
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Pro and cons of solo and pool mining:
If you need help choosing a pool or you just want more information about them, use: