Most people do not know that Bitcoin is not the only cryptocurrency mined. Worse still, only a few people are aware of private currencies in the crypto community. An example of such cryptocurrency is Monero (XMR) which has achieved giant strides since 2014 and gained unexpected massive adoption.
If you wonder how Monero works, here’s an exclusive revelation of the privacy-oriented cryptocurrency. Monero is not the ordinary cryptocurrency you deal with every day. The crypto’s fundamental focus is on one thing – privacy! Yes, you might say decentralisation allows for privacy, but Monero’s case is entirely different. Monero allows its users to make solid untraceable transactions using blockchain technology. In addition, its mining rigs and mining software makes this easy. Surprisingly, Monero has attained incredible heights in terms of social approval and reliability.
But in this article, we will not focus on Monero fundamentals or how you can buy the cryptocurrency. We will graciously extend an arm of help to understand Monero crypto mining and how profitable Monero can be. How does Monero mining work? This article will take you through some of the best Monero mining hardware.
Monero CPU Mining in a Nutshell: How It Works
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The way Bitcoin mining works is similar to mining Monero. Since Bitcoin rewards its miners with BTC, Monero rewards them with XMR tokens. The significant difference is that Monero mining is not public like Bitcoin, as it centres around anonymity and adequate privacy. Unlike Bitcoin, where miners get rewards every four years, Monero does not have a fixed supply to facilitate that method.
Interestingly, Monero mining is one of the easiest ways to earn in the cryptocurrency market via the XMR tokens. The exciting part is that anyone can mine Monero. As long as you have a computer, it is possible. However, it is essential to understand the hash rate and calculate profitability. This ability is why the Monero mining CPU is vital to mine the Monero coin (XMR). You can use the CPU on your device or secure a unique one wholly dedicated to mining XMR.
Which CPU is best for mining Monero? Read this article to find out the best CPU for Monero mining. Let’s look at five hardwares we believe are incredibly efficient for the process and are also budget mining CPUs.
Top 5 Monero Mining Hardware in 2022
AMD Ryzen 9 5950X
It is not shocking that the AMD Ryzen 9 5950X is a great CPU for mining Monero. With fantastic features that other CPUs could only dream of, the AMD Ryzen 9 5950X takes first place as the best CPU for mining Monero. Backed by the outstanding Zen 3 technology, the demand for the CPU continues to rise as consumers rate its functionality very highly. That said, let’s look at some fantastic features that the AMD Ryzen 9 5950X offers.
- Excellent pricing between $900 and $1100
- Less power consumption compared to other CPUs
- Perfect for games and mining with Cores at 16C and Threads at 32T
- Significantly low cost for building a mining rig with the AM4 motherboard
- Proven performance with an average hash rate of 21.5kH/s.
Although there are some disadvantages associated with the AMD Ryzen 95 5950X, those are very minimal. The most popular consumer dislike about the CPU is that it doesn’t come with a CPU cooler which costs consumers an extra $25-$90.
AMD Ryzen Threadripper 1950X
The AMD Threadripper 1950X is a very powerful CPU, and has one of the fastest processors for mining Monero. This fantastic attribute is not just because of its ability to overclock seamlessly. The CPU also provides a tremendous desktop experience not many of its competitors can brag about; so, why do many consumers prefer the AMD Threadripper 1950X to get XMR token rewards? Let’s look at some of the trademark components that make some users call it the best Monero mining CPU.
- Superior multi-processing capacity of 16 Cores and 32 Threads
- Exceptional boost clock up to 4.0 GHz and base clock up to 3.4 GHz
- Hashrate between 1000Hs to 1500Hs
- Maximum operating temperature of 68°C with a power efficiency of 0.12Wh
- The AMD Threadripper 1950X is also affordable at around $850 to $950.
The major downside to using the CPU for mining Monero might be the absence of the thermal solution processing cooler.
Intel Core i9-10900K
The 10th-generation Intel Core i9-10900K remains excellent for first-class gaming and Monero mining. Even though it has fewer Cores and Threads are at 10C and 20T, respectively, some miners still consider it the best CPU for mining Monero. In 2022, there is no doubt that some other CPUs have moved past the Intel Core-i9 stage, but it remains relevant and a profitable deal for miners in the market. Its spectacular features include:
- Max turbo frequency of 5.30GHz to increase mining speed.
- Extraordinary fast processor base of 3.70GHz
- Great bargain price of $499
- Thermal boost temperature of 70°C
- A bus speed of 8 GT/s and cache capacity to restore up to 20MB data.
AMD Ryzen 9 3950X
Unlike the CPUs we mentioned earlier, the AMD Ryzen 9 3950X delivers good mining performance. On the bad side, it does not produce mind-blowing results like regular Ryzen processors. So, why is it included in the best CPUs for Minero mining? These reasons are not far-fetched. First, only a few CPUs rank above the AMD Threadripper 1950X and AMD Threadripper 1950X. The AMD Ryzen 9 3950X may not be as fast as these, but it remains top. Its performance is also very similar to the Intel Core i9-10900K.
However, the cost is also a barrier for miners who want something affordable. The AMD Ryzen 9 3950X costs around $749. Nevertheless, Monero miners choose this CPU because of its precise mining performance: it can mine tens of dollars in XMR tokens daily. Some other reasons it is the best Monero mining hardware include:
- Fast processing system with 16 Cores and 32 Threads
- Ultra-fast performance to aid miners’ activities
- Maximum Boost clock speed of 4.7GHz and Base clock speed of 3.5 GHz
- Maximum temperature of 95°C during the mining process
- Supports AMD 4.0 motherboards.
Intel Xeon E5-2699A V4
Our last catch as part of the best CPU for Monero mining is the almighty Intel Xeon E5-2699A Version 4. Many people doubted that a Xeon processor could mine cryptocurrency, but this CPU has proved that claim to be false with its supreme powerful processor. For some Monero miners, it is the best they have ever had. Some users even claim that it’s more profitable to mine with it than those regarded as more efficient. Beyond Monero, The Intel Xeon E5-2699A V4 is excellent for mining Monero Classic, Haven, and Bytecoin. With the CPU, Monero miners enjoy
- Superb mining performance with a base clock of 2.4 GHz and a boost clock speed of 3.6GHz
- An average hash rate of 8.53 kH/s
- 22 Cores and 44 Threads processor for high-speed Monero mining
- Good consuming power at 145W with a dual CPU motherboard.
However, some Monero miners might find this CPU unusually expensive as it sells for thousands of dollars. It also has expensive motherboards.
With what we have discussed in this Monero mining CPU article, you should realise that you can earn XMR tokens anywhere. Although mining crypto coins can be profitable, using an adequate CPU is also key to making the right moves. In any case, hardware is not the most important thing when mining cryptocurrency. The price and therefore how much it is expected to fetch is also of huge importance. Articles like Flare Price Prediction can help you figure out if it’s worth investing in mining this particular cryptocurrency.
If you had read this far, you’d know that these CPUs mentioned above are all great for mining Monero and can work with any powerful computer. However, one common disadvantage is the thermal cooling feature that consumers need to buy to have a great mining adventure. If you decide in the end that cryptocurrency mining is not for you or you don’t want to invest in expensive hardware, there is always the option to check for a suitable crypto platform for you. A quick look at articles like Bitcoin Motion Review can help you in choosing to start trading cryptocurrencies.
On that note, you should note that Monero mining can be profitable if done right; more profitable if the price of Monero increases. Mining is not also for everyone. However, it would be best to learn about the privacy coin mining regulations in your country before you begin mining.