Compared to Minergate, NiceHash has a considerably higher amount of available cryptocurrencies . On its website, NiceHash lists 37 different mining algorithm options and more than 70 available coins. The minimum order price is 0.005 BTC for every algorithm. This can be viewed as both a positive and a negative.
Read moreDoes MinerGate use a lot of electricity?
To get started, you can use your laptop or desktop computer processor (CPU mining), but this method uses a lot of power , generates a lot of heat (ruining your device), and yields very small results. Ideally, you will need at least 1 graphics card to mine using the graphical processing unit (GPU mining).
Read moreCan I trust MinerGate?
I actually ran MinerGate through our Bitcoin Scam Test, and the company came out legit, but the test isn’t 100% accurate . Use it at your own risk.
Read moreCan I use MinerGate on my phone?
You don’t need expensive equipment or knowledge of the science behind mining for it to work. All you need is your phone and some free applications available in the Google Play Store, like MinerGate Mobile App, which will mine Monero while running in the background without draining your phone’s battery.
Read moreHow does MinerGate Mobile work?
Apps such as MinerGate Control do not really mine cryptocurrency on your smartphone. Instead, they enable you to keep track of the mining operation that’s being done remotely, and perhaps even cash out any crypto that’s been mined on your behalf in the cloud .
Read moreCan you make money on MinerGate?
Minergate is by far the top website that can help you earn money online in the form of a variety of cryptocurrencies . It is a mining pool for multiple cryptocurrencies that was launched in March 2014.15 Ara 2017
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