Can altcoins be mined?

As their name indicates, mining-based altcoins are mined into existence . Most mining-based altcoins use PoW, a method by which systems generate new coins by solving difficult problems to create blocks. Examples of mining-based altcoins are Litecoin, Monero, and ZCash.

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Is MinerGate good for mining?

The ability to configure mining incorporating different mining software, hardware (CPU, GPU, ASIC), using different functions and the wide set of supported coins make MinerGate a good platform for experimentation . That’s what makes this pool relevant for the seasoned miners, too.

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