If you already have Raspberry Pi OS on your Raspberry Pi, you can move to the next paragraph. Keep this information safe, you’ll need it later.Scroll down the page to the mining pool information:.In the main menu, click on Mining Pools > Monero.On the Dashboard, you can check which currency you are currently mining and your winnings.Confirm your email and log into your account.It’s simple and you can use it anywhere, not only on Raspberry Pi. I recommend creating a MinerGate account. The first thing you need to do is to get access to a mining pool. You’ll get better result with a high-end Raspberry Pi model ( I’m using this one for this tutorial), but any model should work if you just want to test it. Now that the vocabulary is clear, we can move on to the installation process. How to install a miner on your Raspberry Pi When a block is found in a pool, all miners get rewarded depending on how they helped the entire network achieve this. Just a few words about the mining pool as we’ll use it later.Ī mining pool is simply a network of miners. Grab your free PDF file with all the commands you need to know on Raspberry Pi! So, with a Raspberry Pi it’s even worse … In the Bitcoin network, there are big miners, and most of the time you can’t get anything with a standard computer. I chose Monero for this tutorial, rather than Bitcoin because it’s easier to get something. Monero is one of these cryptocurrencies, created in 2014. The more resources you have, the more cryptocurrency you’ll get. It’s a recent concept, and the first cryptocurrency was Bitcoin in 2009.Īs it is decentralized, it allows anyone to be a part of the chain.īy being a part of the network, you lend your device resources to the community to help the network.Īnd the system can reward you, it’s what we call a miner. This means that it isn’t managed by banks and states. What is Monero? Crypto currencies reminderĪ cryptocurrency is a decentralized digital currency. Then we’ll see how to install a miner on your Raspberry Pi.Īnd finally, we’ll talk a little about profitability when mining on Raspberry Pi. I’ll start with a short introduction about cryptocurrencies, Monero and mining pool. So, let’s start learning a little more about this topic. You also need an account on a mining pool to do this (I’ll show you how). You can download and install a miner for free, to start mining a few minutes later. Mining Monero on Raspberry Pi is easy when you have good tools. In this tutorial you’ll learn how to mine Monero on Raspberry Pi. Now that Bitcoin is becoming very hard to mine, Monero is the new Bitcoin. You probably already asked yourself about mining with your Raspberry Pi.
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