This how to describes how to mine Monero on an Apple Mac M1 computer. You maybe will not believe it, but its possible to successfully mine Monero on an Apple Mac M1 computer. Will you get rich with it? Probably not, but its fun!
The idea of this how to mine Monero on an Apple Mac M1 computer is therefore not the get rich, but much more experimental. Its simply for fun.
WARNING:
- Before starting, you must consult your local authorities to find out if mining Monero is in your country or state allowed. In case this is illegal or not allowed, then you must close this page without executing the how to mine Monero on an Apple Mac M1 computer.
- This how to mine Monero on an Apple Mac M1 computer is neither a financial advise nor It is recommended in any way to invest any money into this experiment. Executing this how to mine Monero on an Apple Mac M1 is fully on your own risk!
- You risk is to lose all your investments made into this, to be non-compliant to local regulations and you risk to destroy or harm your Apple Mac M1 computer because mining Monero will be very power intensiv for your Mac M1 computer.
- If you earn with this how to mine Monero on an Apple Mac M1 any Monero, then you must – if you have not already – immediately consult your local tax advisors and authorities to ensure you are fully compliant to local regulations and tax laws.
- Deepening on your local energy costs, this experiement will never be a financial success and only a financial loss for you.
- You accept that you execute each step in this how to mine Monero on an Apple Mac M1 computer on your own responsibility and you accept that you are responsible to ensure compliance with local laws and regulations. If you disagree, you must close this page.
This how to mine Monero on an Apple Mac M1 computer consists of the following chapters:
- Lets getting started with this experiement
- How to install MoneroCart on a Mac mini Apple M1
- Configure MoneroCart
- Now tell me, does this really work?
- More Resources for Monero Mining
- Finally about this How to Mine Monero On An Apple Mac M1
Lets getting started with this experiment
First of all you need a Mac M1. Myself is using the Mac mini Apple M1 8GB with 256GB SSD.
Secondly you need Monero Cart. Monero Cart is a simple tool that allows you on a graphical user interface (GUI) mining Monero on your Mac.
Third, you need a Wallet. I am using Cake Wallet. However, there are probably dozens of other options.
In a next step we have to install the Cake Wallet in oder to ensure the mined Monero’s can be sent to a Wallet owned by you.
How to install Monero Cart on an Mac mini Apple M1
Nothing is easier than this. Simply downloaded Monero Cart and start it up.
The security settings of your Mac mini Apple M1 properly are set in a way by which you need to authorise the downloaded Monero Cart. Once you done this in the Mac’s Settings under the option Security & Privacy you should be fine to run Monero Cart
How to install Cake Wallet on the iPhone
Simply go to App Store on your iPhone and search for “Cake Wallet” or click this link: Cake Wallet in Apple App Store.
Cake Wallet in Apple App Store
Once you start your Cake Wallet the first time, then you need to setup the wallet first. I strongly recommend to follow the instructions made by Cake Wallet guidance and put your PIN as well as your Seed on a very safe place. You should consider printing it out.
Once you finished installing and configuring your Cake Wallet than you like to copy your Monero address. This can be done by simply hitting “Receive” and forwarding it to your Mac by leveraging on AirDrop. Alternatively send it by eMail, stored in the iCloud enabled Notes, etc.
Configure Monero Cart
Configuring Monero Cart ist very simpel. This shows you two key elements:
- Adding your Cake Wallet Address to get Monero Cart sending it to your Cake Wallet
- Setting the Threats that Monero Cart should be leveraging on
First, lets add the Address of your Cake Wallet:
Enter Monero Wallet Address
After hitting “Edit” on the upper right corner, you can enter your Cake Wallet address. Once done, all earned Monero will be sent to your Cake Wallet.
Enter your Monero Address to Monero Cart
Second, lets set the Threats Monero Cart should be leveraging on
By simply clicking the up or down buttons increase or decrease the number of Threats Monero Cart should be using. The rule is simple, as more Threats Monero Cart is using as more power Monero Cart will take from the Mac M1. I suggest to play a bit around to find out which is a good level to keep Monero Cart whilst having as less as possible impact to other work you do on the Mac M1. Depending on the work I do, it for me is working well with keeping it between 6-8 Threats.
MoneroCart Threats
Now tell me, does this really work?
Yes, it does! However, to be clear, its not very likely you get rich by this. To get rich the price of Monero would need to increase considerably. This can happen, same as it could happen that Monero at a point in time is useless. Pure speculation. I have run this between September 2021 to March 2022 and mined in this period 0.073 Monero that values in April 2022 about 17.5 US$. To me however it shows the experiment and the how to mine Monero on a Apple Mac M1 computer are working. See the extract of mined Monero:
Mined Monero
More Ressources for Monero Mining
- Official Monero Website
- Further information on Monoro Mining
- Coinbase to monitor the Monero Price and exchange cryptocurrency
Finally about this How to Mine Monero On An Apple Mac M1
I hope this How to Mine Monero On An Apple Mac M1 was fun to you and you like it the same as I do. If you have any recommendation for improving this How to Mine Monero On An Apple Mac M1, then I am very happy to get your input. Have a lot of fun!
WARNING:
- Before starting, you must consult your local authorities to find out if mining Monero is in your country or state allowed. In case this is illegal or not allowed, then you must close this page without executing the how to mine Monero on an Apple Mac M1 computer.
- This how to mine Monero on an Apple Mac M1 computer is neither a financial advise nor It is recommended in any way to invest any money into this experiment. Executing this how to mine Monero on an Apple Mac M1 is fully on your own risk!
- You risk is to lose all your investments made into this, to be non-compliant to local regulations and you risk to destroy or harm your Apple Mac M1 computer because mining Monero will be very power intensiv for your Mac M1 computer.
- If you earn with this how to mine Monero on an Apple Mac M1 any Monero, then you must – if you have not already – immediately consult your local tax advisors and authorities to ensure you are fully compliant to local regulations and tax laws.
- Deepening on your local energy costs, this experiement will never be a financial success and only a financial loss for you.
- You accept that you execute each step in this how to mine Monero on an Apple Mac M1 computer on your own responsibility and you accept that you are responsible to ensure compliance with local laws and regulations. If you disagree, you must close this page.
