Making Use of Your Idle Laptop To Make Money for You: Minergate Walkthrough #1

in #cruptocurrency7 years ago (edited)

I am pretty sure there has been a lot of people who heard the term "Let Money Make Money for You"

And especially when you have a laptop that is sitting at home, doing nothing and most of the time idle.
Or do you have an android tablet even, that is hardly used unless you are doing some reading; or a tablet that is almost dying off and you have a new one to work on and you just let it slide into its death?

I believe that there's another saying, and also part of my experience seeing it happen throughout my 17 years working with computers; that machines can die off easily with being over worked, but it also will die off easily when it is under worked.

Trust me, it does. And so far the laptops and computers I used for years (at least 6 years) though starting to have a lot wear and tear (especially battery life) still works perfectly fine when the power is on.

So if you have extra power outlets and unlimited Internet connection , I would like to recommend you;

MINER GATE

minergate01.png
Click on the image above and it will take you there

This is actually a nice recommendation extra especially when you have a free kick-start cloud mining and faucet site called EoBot; where @fatpandadesign will be writing the details of how it is set up (very soon). So this is the expansion step when you want to pump in extra crypto into EoBot without pulling out any extra cash.

Especially when your laptop is lying around doing nothing, except basic work like checking emails and writing reports

As this is a collaborating post with @fatpandadesign , and I would like to try my very best to guide you every step of the way without scratching your head, I might have to split it into 3 parts (at most) in case I ran out of limit to post for the day.

So here goes!

Step 1: The simple sign up.

If you have not clicked and signed up for minergate, you can click on any of the screen captures which will take you to the website.

minergate02.png

It is basically a no-brainer to sign up, and you will pretty much just need your email and your password.

minergate03.png

And of course, you need to solve a captcha authentication to make sure you are not a bot.

NOTE: I used a VPN to sign up so that I can make this step by step guide; but I am not certain if you can use it for mining. So, please do not abuse this service by creating a farm of accounts because you are using your laptop / PC / devices to mine and you can combine multiple devices with the same account to provide a faster mining hive.

Especially you have a network of computers that are doing nothing. lol.

(no evil hive plan please)

Ahem. Let's continue

minergate04.png

Once you have signed up for it, you will be directed to download the minergate software for your PC / Mac. Please note it works from Windows 7 only, and since mine is a windows 8 64-bit I will be downloading that.

minergate05.png

There are also other platforms that supports minergate so you will not need to worry too much unless you are using super old devices and machines.

minergate06.png

For handheld devices you can download from Google Play. Unfortunately so far I know it works on Ice cream sandwich OS and above, and it is only available for Android devices.

(I am pretty sure they are working on it for windows mobile phones too for future use)

2. Before you start mining

minergate07.png

There are some tweaks that I find it really useful before you want to start installing your PC and mine it straight away, which is what I feel I need to explain to you and let you decide.

A lot of my friends asked me what it is so I find this will be a good information for you to pre-set it, which can only be done at the browser site and not the app itself.

Please head over to the DASHBOARD to know more.

minergate08.png

As I have earlier explained that this is actually a collaboration expansion user guide post for EoBot that @fatpandadesign will be writing, I would like to introduce these 2 more crucial coins that is excepted by EoBot and it is easier to mine than ETH or ETC.

(Yes, you can mine that, but it takes forever to reach a minimum withdraw unless you have a more powerful graphics card)

Please notice the differences between PPS and PPLNS mining fees. One ensures you get your mined coins validated after 24 hours.

My personal experience.

I usually use PPLNS as it actually has a bigger reward but lately I realised that BCN mining tends to take forever to confirm my mined coins so I switch it to PPS for a while, get it passed and switch it back to PPLNS.

Every time if I want to change my settings I must log into the browser site.

So if you are here for the long haul, a lot of miners would recommend you PPLNS settings; but it will test your patience.

Optional: Cloud Mining

minergate09.png

If you think you are not going to damage your pc / laptop but you would rather let the big guns help you, there's also an option of Cloud mining services.

minergate10.png

minergate11.png

As of today (about 6 hours back), the rate for cloud mining is this minimal amount, which approximately 7.91 USD per 20 Ghs.

It actually costs double than Genesis mining (unfortunately the cheapest rate is out of stock), yet this serves a nice option because you seemed to be able to use the same GHS to switch mining coins as you need.
(I will double confirm this later. I might need to get some BTC to test my theory)

So there you go, this is part 1 of your basic sign up and configuration for MINERGATE, and I will be posting the next one very soon with step by step screen captures on how you can choose to optimise your mining choices on your PC.

Stay tuned for part 2!

I will do my best to make it up in an hour's time. In the mean time, please sign up, download, post your questions here, and resteem if you want friends to discover this really interesting new way to fully utilize your device.

Edited: 1704, 23 September 2017
Part 2 is up and you can continue your guide through this link below

Making Use of Your Idle Laptop To Make Money for You: Minergate Walkthrough #2

Thank You for Your Time

help-promo-a2.png
Please click on the logo to read why I have this project of 1000 SBD at the first place.

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It's really a helpful post. Make some more posts like this 👍🏻

Thanks. Please do stay tune for part 2. I am writing it now. Have patience and come back soon for more!
(Give me one hour. Tons of screen captures and explanation to do. LOL)

Thank you so much for making time and commenting!

it is worth trying using my old android device. right now, i'm using eobot but started just a few weeks ago.

Oh, did you get the EoBot's email notification?

Great guide @littlenewthings. Another good option that's potentially even easier is Nicehash. You simply download their miner and plug in a BTC address and it takes care of the rest for you. Downside is you need 0.01 BTC for a payout which isn't ideal when you are mining with an old clunker of a laptop.

I'm a bit leary about mining on my phone but would be interested to see what the results were if anyone has tried it out.

I have tried mining from multiple old phones and tablet at the same time and apparently it works pretty well for BCN mining. Monero however will make your devices hot rather quickly, so I'd just stick to BCN mining for fun on my phone when I am in the office and it is right below an air-conditioner when it is not in use to keep it cool.

So far my old Samsung 7.7 Tablet worked pretty steady too for Minergate but I have not updated it to the latest app, so I wouldn't vouch that it still works well, although it has ICS OS installed.

Nicehash is never profitable for mining from old laptops, especially relies on strong GPUs gaming laptops / pcs. This will not be a recommendation for casual miners and layman.

Thanks so much for sharing your insight. And thanks for making time and stopping by!

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

Awesome post. I already knew about Eobot but not minergate. Turning you laptop into atm machine .

Well, now you can turn your laptop into ATM or even a fuel up for your EoBot @pawaregmi28 !
This is how I occasionally fuel my EoBot, and it has been pretty useful for me.

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

Thanks for the post. I am mining now.....

Sounds excellent @tanvirrahman ! Let me know of your progress and we can discuss more in how to optimise mining.

Well it sure will make you some money in the long term. But who knows where the price of Crypto's will be in some years
#readit

That is so true. and thanks so much for making time and that awesome spell card. That's really cool!

this is a great idea. @littlenewthings
the mods, just with one unit of labtop and idea
let me follow you, thank you for sharing

That is right @dewina . It makes the old junks feel useful again. lol..

Make old laptops great again!

A little cheezy, but well, I like to fully utilise things instead of just throwing them away.

Part 2 is out, so please do feel free to follow the settings at part 2 if you have signed up and downloaded this app for your laptop / PC. There you will learn how to control your settings and not burning your device by overheating.

Good stuff...i am definitely going to try this

Do remember to read part 2 too @perennial for the full kickstart for your laptop / pc.

I will...cant wait. Drop everything and write us part 2. 😂😂😂

Ooppss...ok time to learn new stuff. Thx. Will certain resteem it and upvote.

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