Categories: Crypto

New Monero Mining Pool can Only be Accessed Over Tor

Several cryptocurrencies take privacy and anonymity a lot more serious than Bitcoin and Ethereum. Monero, the actual anonymous cryptocurrency out there, now has a new mining pool that can only be accessed over Tor.

Achieving privacy or anonymity with Bitcoin is impossible due to the current core protocol. 

Mining Monero Over Tor

In the case of Monero, that situation is very different.

Many enthusiasts are drawn to this approach of enforcing anonymity by default, rather than making users opt in. 

Adding extra layers to the privacy-oriented approach is always interesting to keep an eye on.

Those who are currently mining XMR may want to take note of this new mining pool.

Related Post

Unlike traditional offerings, it can only be accessed via a Tor connection. 

Despite running into some minor issues in the first few hours, it now seems as if RespectXMR is off to the races.

In fact, it has already entered the Monero mining pool top 10 in quick succession.

As such, it is evident that a lot of users have been waiting for a solution like this.

As the pool’s hashrate grows, it will become better at finding blocks and potentially more appealing to other miners. 

A very intriguing approach that can prove to be rather successful. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx
Tags: MoneroTorXMR

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

17 hours ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

17 hours ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

17 hours ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

6 days ago