Mining on Parallax
Mining is the process that secures the Parallax network and creates new coins. By contributing your computing power, you help validate transactions, maintain the blockchain, and are rewarded with laxes for your efforts. Parallax uses the XHash proof-of-work algorithm, making it accessible to both CPU and GPU miners. While CPU mining is a great way to get started, GPU and pool mining provide significantly higher performance and more consistent rewards.Why mine?
- Earn rewards: Receive coins for helping secure the network.
- Support decentralization: Every miner strengthens the Parallax network.
- Learn by doing: Mining is a hands-on way to understand how blockchain works.
What’s inside this section?
This section contains step-by-step guides for all major mining methods:- CPU Mining → Use the built-in CPU miner included in the Parallax client.
- GPU Mining → Harness your GPU for much faster mining.
- Pool Mining → Join a mining pool for more predictable rewards.
Which method should I choose?
- Just starting out? → Try the built-in CPU miner.
- Want real performance? → Use your GPU with Ethminer.
- Prefer steady payouts? → Connect to a mining pool.