After reading this guide, you should be able to mine Monero as a solo node using your own computer, either with the default daemon or with dedicated mining software like XMRig. You will learn how to participate in a free, decentralized mining pool which pays out XMR cryptocurrency to your wallet continouously. Monero is widely considered the most elegant cryptocurrency. The IRS is offering a bounty between $625k and $1.25m to anyone who can crack its privacy-conserving algorithm. Monero is effectively a digitial implementation of cash. If Alice gives Bob cash in her own home, nobody in the world knows about it. Monero — for now — conserves this property. Bitcoin, contrary to popular belief, is not digital cash. If Alice sends Bob some Bitcoin, the entire world knows about it — a wet dream for the IRS.
*These instructions are for Windo