General Overview:-
Monero is a cryptocurrency that relies on proof-of-work mining to achieve distributed consensus.One of Monero’s philosophies is to maintain egalitarian mining, so that everyone can have the possibility to mine. To achieve this, Monero uses a particular algorithm ideated and developed by members of the Monero community: RandomX. This PoW algorithm is ASIC resistant, which means it’s impossible to build specialised hardware to mine Monero. Miners must use consumer-grade hardware and compete fairly.
Hardware Requirement:–
Monero can be mined by both CPUs and GPUs, but the former is much more efficient.
Software:-There are several options when it comes to mining software. If you want to mine to a pool or mine with a GPU, you’ll need dedicated software. Miners supporting Monero: