MinerGate Review: Is It a Legit Mining Operation?

in #bitcoin7 years ago (edited)

Link to minergate: https://minergate.com/a/bb99c0e8a6942c69c36e5ed0

What Is MinerGate?
MinerGate is an open mining pool where people use their computers to add hashing power to that of thousands of other miners. The user interface is openly downloadable and allows people to quickly start mining Ethereuem, Bitcoin, and a selection of other altcoins. It helps to break down the usual complexities found in mining.

MinerGate allows anyone to grab the program and run it on his or her computer. Large, powerful units can, of course, add more power, but smaller, amateur miners can use a normal PC or laptop. They can even run the smartphone application if they’re so inclined. It sounds great, but realistically, the lesser your device, the less you can earn. A phone is nearly pointless in terms of hashing power. The average laptop will put a little more starch in your pants, and it can make it fun to get involved, but returns will still be limited. Of course, it all depends on the coin you mine as well.

While MinerGate is quick and simple to use, there are complex algorithms running in the background. In just a few clicks, it exploits the maximum capability out of your hardware based on how much you want to dedicate. You don’t need to get involved in any of this with a program like MinerGate; simply let it do the hard work while you while away the day on low-processing tasks.

The MinerGate team will reward you based on how much input you are committing. If you’re looking to boost your passive income, then it’s a neat solution. You can put your computer to work while you aren’t using the hardware.

There are lots of other mining pools around, but many require a little more knowledge to run and can only mine one cryptocurrency. MinerGate has the distinct advantage of working from both the CPU and GPU to mine multiple cryptos for maximum profit. For example, you can run both Ethereum and Monero mining simultaneously.

How to Use MinerGate
The beauty of MinerGate is how easy it is to fire up and start mining. Here’s a quick run-through to show you the steps.

Step 1: Swift sign-up process at minergate.com
You only need an email address—no verification or laborious forms.

Step 2: Download the software
The website should detect your operating system.
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Step 3: Install MinerGate
Install and open MinerGate like any other program on your operating system.

Step 4: Use the Benchmark feature
This allows MinerGate to analyze your hardware and let you know what you can achieve.
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Step 5: Start mining
Either click Smart Mining for the most profit or manually select a cryptocurrency.
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Main Features
You’ll see that there are a few different options and functions built into MinerGate.

The first page will encourage you: Start Smart Mining. Smart mining automatically mines the most profitable cryptocurrency for you. How much this takes market prices and difficulty into account is hard to know; nonetheless, it’s an enticing feature if you want to get started with no complications. All you need to do is select your core output and let it do its thing.

My plan of mining:
I mine with my gpu and I make ~2.3$ per day and 20GH are 2.2$ so every day I buy 20GH, so at my power of mining it adds up the cloud mining and the sum that I'll do per day will increase and so this is how I now got to make 10$ per day that's 300$ per month just from cloud mining, so I really recommend this strategy! Do this till you get a lot of cloud mining.

Link to minergate: https://minergate.com/a/bb99c0e8a6942c69c36e5ed0

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