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 moreWhich is better NiceHash or MinerGate?
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 cost money?
MinerGate’s Bitcoin mining pool was shut down on 3 April 2019, so there is no bitcoin mining opportunity on Minergate now. The fees don’t seem over the top either. The flat fee of 1% or 1.5% is pretty favorable compared to some competitors.
Read moreIs it safe to use MinerGate?
It is indeed legit .
Read moreIs MinerGate mining legit?
SCAM.. I requested a withdrawal in june or July 2021 and I still have not recieved it as of Feb 2022. I used to use minergate initially but around 2021 it turned out to be a scam . I have done 5-6 withdrawals before but now they have stopped withdrawals and have stolen people’s funds.
Read moreHow often does MinerGate payout?
How often does MinerGate payout? Withdrawals are sent to your Bitcoin address once every week , provided that you have reached the minimum payout threshold of 0.001 BTC.
Read moreHow much can you mine with MinerGate?
It has enough memory for games and renders, but mining programs do not recognize it, so you can only use CPU with Minergate. You can configure between 2 to 8 cores per computer which gives you enough power to mine CryptoNote-based coins (Bytecoin, Monero, DashCoin, DigitalNote, AEON etc.)13 Eki 2017
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