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Author Topic: Any one using Minergate.com  (Read 344 times)
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November 13, 2017, 03:20:57 AM
 #1

Just checking if anyone  here using Minergate.com for Cloud mining.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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November 13, 2017, 04:38:42 AM
 #2

Ya. Friendly client from my experience. A few months deep and it's smooth sailing.
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November 13, 2017, 08:12:17 AM
 #3

There are many negative posts about minergate. Poeple say he dumping hashrate, look on the moneropools.com about this pool
I dont like the very big transaction fee 0.1 monero for withdraw

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November 13, 2017, 08:35:44 AM
 #4

I don't use minergate.com
I like eobot.com
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November 13, 2017, 08:51:37 AM
 #5

I have tried Minergate for mining some Bytecoin with my CPU Cheesy
But i don't have tried the cloud mining, i think that it's not worth it
Is better to buy a good hardware and mine by yourself
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November 13, 2017, 09:50:11 AM
 #6

Just checking if anyone  here using Minergate.com for Cloud mining.

I am using it for CPU mining. Simple "one click" miner with good GUI, great for beginners (such as myself). As mentioned above, a bit high withdrawal fee for XMR
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November 13, 2017, 12:57:10 PM
 #7

Just checking if anyone  here using Minergate.com for Cloud mining.

I have minergate installed in my computer but it is not that profitable one as you think. To connect the network pool and will not comes like the cmd prompt view. Simply all the operations will be works with the application itself. If you have GPU card it will be able to use the cards hash power and cpu cores to mine the coins but nothing works big. If you cpu cores your computer will be hanged completely. Go with the GPU rigs to mine coins. Clouds are ponzi always.

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November 13, 2017, 01:03:33 PM
 #8

By far the best and most profitable option is Nicehash miner + DMD Diamond multipool. All this under condition you want to use algo switching software which automates your mining.

It works in a way whatever you mine gets sent do DMD Diamond multipool which exchanges your BTC for DMD Diamond. Then DMD Diamond stakes at 20+% rate per year ATM. Good stuff!

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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November 13, 2017, 05:50:11 PM
 #9

By far the best and most profitable option is Nicehash miner + DMD Diamond multipool. All this under condition you want to use algo switching software which automates your mining.

It works in a way whatever you mine gets sent do DMD Diamond multipool which exchanges your BTC for DMD Diamond. Then DMD Diamond stakes at 20+% rate per year ATM. Good stuff!

I will have to look into this
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November 13, 2017, 05:53:17 PM
 #10

By far the best and most profitable option is Nicehash miner + DMD Diamond multipool. All this under condition you want to use algo switching software which automates your mining.

It works in a way whatever you mine gets sent do DMD Diamond multipool which exchanges your BTC for DMD Diamond. Then DMD Diamond stakes at 20+% rate per year ATM. Good stuff!

Thank you for your valuable inputs.
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November 13, 2017, 06:27:49 PM
 #11

I don't use minergate.com
I like eobot.com
the fees on EOBot are rather high and is a cloud miner rather than a program that makes mining at home easier.

Setting up a CLI miner isn't that tricky and allows you to pick your own pools with lower fees and withdrawals. This is what I'd suggest is a better method if you can get your head around it

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November 13, 2017, 07:05:54 PM
 #12

Minergate is one of famous site in mining but worst to make the money. If you are looking into complete application oriented mining you can use the nice hash mining software which easily uses to do the mining process completely with that. This application will be works in multiple platform but minergate will give profit like you can get in other mining softwares.


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January 14, 2018, 03:41:13 AM
 #13

Just checking if anyone  here using Minergate.com for Cloud mining.

Any positive feedback on Hashflore.io? It looks legit.
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January 14, 2018, 03:49:47 AM
 #14

I have heard about minergate as well genesis mining,at least they are real not just other scam cloud mining contract but unless you are buying costly contract do not go for any lower contract.mining is only waste of money unless you good hardware to perform enough hashrate to provide you profit.
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January 14, 2018, 09:24:28 PM
 #15

Here on the forum there was a thread with calculations for cloudmining on minergate. I can't find it anymore, but th3 results of profits weren't good. If you use any cloudminer, then choose one, were you can take your investment back, if needed, because it will take at least a year to get investment back and the risk is high, that a service will close, before you will make profit.
Cloudmining on nicehash is only profitable for those, who lend their hardware. I tried it out. It makes only sense to get cryptocurrencies with fiat.
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January 14, 2018, 10:30:02 PM
 #16

Personally I don't use but as I know they have contract with hashing24 which has contract with Bitfury so I guess ROI will be low in any way.
Hashflare has good roi but I don't know much about them, some people says bad and some good....
Genesis was proven as a scam.
And yes, there was a thread about how bad ROI does minergate has: https://bitcointalk.org/index.php?topic=2671027.0

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January 15, 2018, 01:35:22 AM
 #17

Personally I don't use but as I know they have contract with hashing24 which has contract with Bitfury so I guess ROI will be low in any way.
Hashflare has good roi but I don't know much about them, some people says bad and some good....
Genesis was proven as a scam.
And yes, there was a thread about how bad ROI does minergate has: https://bitcointalk.org/index.php?topic=2671027.0

Worst part about mining over minergate:
If you ever mine an alt there, you'll personally notice that while they claim that they charge less fees compared to other pools, they literally lower the amount of coins that we are expected to get, and we get few % less coins. I've stopped using them for any purposes whether it be mining or purchasing their cloud plans.

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