Can you earn money with MinerGate? Easy mining finally available?
You may have searched for an easy way to mine cryptocurrencies and stumbled over MinerGate. Is this software worth your time & computing power?
First: Is it REALLY easy to use?
MinerGate is the easiest miner to handle I know so far. Simply download, open, register & start mining. For GPU mining you will have to install CUDA on your NVIDIA graphics card.
2: How much money can you earn?
This completely depends on your hardware, the results are worse than competitive non-gui miners like CCMiner. On an average laptop you can earn cryptocurrencies worth half a CENT per hour.
3: When will you get your money?
You have mined Bytecoins for hours and now want to get your coins. When trying to withdraw you face a problem: you have to have 100 Bytetcoins mined to withdraw. The average user who just wanted to try something out won´t complete this tast and hence never see a penny.
4: Does mining even make sense?
The average P.C. will have to work for 100+ hours to generate half a dollar. If you had an infinite amount of time and electricity it would be reasonable, otherwise not.
MinerGate - a solution?
Professionals won´t use MinerGate because the implemented algorithms are not the most effective ones. The average person won´t earn enough and in most cases never see any money. Another downside: It is unknown who is behind MinerGate. So better buy some coins & trade.