Mining is the process of making computer hardware do mathematical calculations for the network to confirm transactions and increase security. As a reward for their services, miners can collect transaction fees for the transactions they confirm, along with newly created coins. Mining is a specialized and competitive market where the rewards are divided up according to how much calculation is done.
No, your personal computer must be powered on and running with normal power in order to perform the caluclations.
Every time a block gets verified by miners much like yourself you get paid. This process usually takes anywhere from 30 minutes to two hours.
A hash is the output of a hash function and, as it relates to Monero, the Hash Rate is the speed at which a computer is completing an operation in the Monero code. A higher hash rate is better when mining as it increases your opportunity of finding the next block and receiving the reward.
An accepted share represents work that your miner did towards a round in a mining pool. When the pool finds a block, it distributes the block reward (i.e. 6XMR) to the miners according to how many shares they have contributed during that round. The more shares you contributed, the more payback you get.
Rejected shares are bad, as it represents work computer that will not get applied towards a blockchain discovery, and will not be paid for. Rejected shares commonly occur when your computer was busy grinding a cryptocoin share problem, and it did not submit the results in time to be counted towards a coin discovery. Rejected share work is discarded.
A block is a unit of the code that comprises the blockchain. It is the record of transactions that have occurred since the last block was created and a confirmation to previous transactions.
It is the record of all transactions that have occurred since the last block was created and a confirmation to previous transactions.
We support a multitude of devices such as iOS (iPhones and iPads) Android (Phones and Tablets), Windows (Laptops and Desktops), and OSX (Macbooks and iMac)
Code 1450 means your antivirus flagged our miner as a virus. You need to allows the file to run and remove it from quarantine. If you have trouble contact us!