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Is it possible to bring cryptocurrency mining to an average user like you and me? The answer is yes. MinerGate has a downloadable software that anyone can download and install on their computer. This software enables the average Joe to join a mining pool and start mining Ethereuem and Bitcoins. There are a few other types of altcoins you can mine using this software. The software is designed for the average person to easily understand mining Bitcoins or other cryptocurrencies.
What Do You Need?
You can run the software on an average computer, however, larger, more powerful computers do seem to work better. Believe it or not, this also works on laptop computers. So basically there is no need to invest in an expensive rig to do the job when your average laptop works just fine.
This mining program is simple to use and also understand. In the background, the program performs very complex algorithms. All you basically need to do is click on a few items to set this up. You will be dedicating how much capacity of your computer you want to allocate to this program.
You'll be rewarded by the company based on how much capacity you have allocated to running this program and how much it runs on your device. This is a good way to earn a passive income when your computer sits idle during the day when you're at work.
Sign-up Process: All you need is your email address to get started. They don't require you to fill out any other forms to join.
Download the Software: When you download the software the company will detect what they of computer you are using and your operating system.
Installation: This program installs just like any other program you install on your computer. Just follow the prompts and install the program.
Benchmark Feature: Activate the features so the company can analyze your hardware. In doing this they will let you know what you can expect to achieve and earn from them.
Start Mining: Select your cryptocurrency and start mining. If you choose automatic mining this will yield the most profits for you.
Mining: You will need to decide on which crypto you want to mind using the CPU or using the GPU. The program allows you to choose how much power you want to dedicate to the CPU and the GPU. This one is a bit complicated at first, but it is easy to get the hang of and you can always change your setting on the program.
Cryptocurrencies and Fees: You'll always find a decent amount of coins available on the software to mine. You should understand the difference in the coins. Just make sure you know that Dashcoin isn't the same as Dash. You may need to do a bit of research into the different coins before you choose what you want to mine. There is a flat fee of 1 to 1.5%. This isn't too bad and is reasonable compared to other companies.
I've been checking into this software and have noticed that people really complain about how hard it is to withdraw their funds from this software. Do you know anything about this?
The program, in general, looks super simple to use and could prove to be a lot of fun. The only thing that worries me is not being able to receive my money. After seeing some complaints about people having issues and never seeing their money I am skeptical to try this out.
Has anyone ever used this before? Have you had any issues at all withdrawing your earning to your wallet?
