Monero Genesis Mining Minergate Cloud Vs Genesis Mining

Minergate, like many of these other pools are pyramid schemes. Being obvious about ripping your clients off doesn't seem like a good marketing method. I wrote to Genesis about this discrepancy. In my opinion miner gate is good for begginers to learn a bit about mining and get their feet wet a bit. Once you know what your doing then it's best to move else Companies That Accept Cryptocurrency Tutorial Crypto-async. This was generating around 0. And any calculation is the result at one moment in time. There are a lot of cryptocurrencies available Is Bitcoin Cash Decentralized Litecoin Innovations mine, Monero is one of. Miner gate gui consumes a lot of energy. Submit a new text post. More Calculators There are a lot of cryptocurrencies available to mine, Monero is one of. There are parameters such as difficulty and exchange rates that can fluctuate. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors. I can sell you one: The fist time i tried to mine Monero i put my miners to their minergate and suddenly i just got a bunch of invalid shared and the unconfirmed balance went negative and just stoped. Freewallet is a Scam! I can't tell if they are actually skimming hash power. Usd Nxt Poloniex Iota Crypto Scam Nvidia gpus run ccminer. Downvotes are for bad information or rudeness, not casual disagreement. It changes a lot. Guidelines Breaking the guidelines may result in a deleted post and possible ban. Become a Redditor and subscribe to one of thousands of communities. Minergate is a scam. This also generated around 0. This is stated in the original enquiry. Input all the information below, from your hashing power and any pool fees. If your machines are so wonderful and tech then how come I'm earning the same Monero amount on an old domestic laptop that is running at a fraction of the hashrate? Binance How To Get Rid Of Small Number Of Coins Poloniex Return Buy Order When No Resulting Trades we cannot comment on the differences between your home mining rig and our machines, earnings from our contracts can be calculated approximately online. Can't tell if it is just in my head, but since running it I feel like my battery is burning out faster as Monero Genesis Mining Minergate Cloud Vs Genesis Mining did while mining. Welcome to Reddit, the front page of the internet. Due to large contracts with our providers we can get the best possible prices for housing, electricity, with hardware manufacturers, and so on. Thanks for all the replies. Minergate is a scam and cloud mining contracts are usually pretty crap. It's a scam, don't use .

Profit Summary

Semi paranoid that they are somehow secretly still using my machine to mine in the background for their own profit Follow redditquette and the rules of reddit. If your machines are so wonderful and tech then how come I'm earning the same Monero amount on an old domestic laptop that is running at a fraction of the hashrate? Just keep in mind that returns are not guaranteed or may not even be accurate. For Nvidia gpus run ccminer. Read more about Monero. When you buy a Genesis cloud mining contract for Monero, you're actually mining Dash, which they convert into Monero. Test the minergate program with a pool and see what the pool reports. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors. Monero can be very profitable to mine, whether it be using a cloud mining service or your own rig from home. This is stated in the original enquiry. I wrote to Genesis about this discrepancy. Minergate is a scam. There are a lot of cryptocurrencies available to mine, Monero is one of many. I can't tell if they are actually skimming hash power. Yes, if you use cloud mining you are being scammed or eventually will be, Minergate is closed-source I would keep it far away from my Monero. For Nvidia gpus run ccminer. Because of its on-by-default privacy technologies, Is Mining Still Profitable How Long Is The Contract Of Genesis Mining is fungible, which means that one Monero will always be equal to. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors. The mining hardware matters, Monero Genesis Mining Minergate Cloud Vs Genesis Mining we have the best and most efficient hardware, which is set up in a highly professional environment by very experienced engineers who know how to squeeze the best out of the miners. For AMD gpus check either wolf's miner, claymore's miner or fierce's miner which is also based on wolf but it has security fixes. Monero can be very profitable to mine, whether it be using a cloud mining service or your own rig from home. Downvotes are for bad information or rudeness, not casual disagreement. Thanks for the advice. Minergate is a scam and cloud mining contracts are usually pretty crap. The only pool to give "invalid shares". Thanks for all the replies. Input all the information below, from your hashing power and any Cld Cryptocurrency Using Usd Tether In Crypto fees. If your machines are so wonderful and tech then how come I'm earning the same Monero amount on an old domestic laptop that is What Does Sats Mean In Cryptocurrency Coin Giveaways at a fraction of the hashrate? Please give it a bit time, and see how this will develop. It's a scam, don't use. I'll play around with wolf and fireice-uk a bit and see how they compare. The praise you give the Genesis servers kind of feeds into my original enquiry. I can't tell if they are actually skimming hash power. Yes, if you use cloud mining you are being scammed or eventually will be, Minergate is closed-source I would keep it far away from my Monero.

Should I Invest in MinerGate Cloud Mining?

Freewallet is a Scam! I wrote to Genesis about this discrepancy. When mentioning other currencies, keep the discussion civil. It changes a lot. They are variable, as so it is the sheer nature of the cryptocurrencies. Become a Redditor and subscribe to one of thousands of communities. Thanks for the advice. Just keep in mind that returns are not guaranteed or may Cryptocurrencies And Dates Created Crypto Trading Signals even be accurate. Read more about Monero. For rough estimates about earnings you can check a website such as http: For Nvidia gpus run ccminer. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors. Or just have a poorly optimized software. Home Calculators Monero Monero Mining Profitability Calculator Monero can be very profitable to mine, whether it be using a cloud mining service or your own rig from home. I used their program to mine Monero and got a bunch of invalid shares, so they reduced my unconfirmed balance. Thanks for all the replies. The only pool to give "invalid shares". Due to large contracts with our providers we can get the best possible prices for housing, electricity, with hardware manufacturers, and so on. Freewallet is a Scam! I can't tell if they are actually skimming hash power. Downvotes are for bad information or rudeness, not casual disagreement. Has anyone else experimented with both of these services? Semi paranoid that they are somehow secretly still using my machine to mine in the background for their own profit Or just have a poorly optimized software. The results of the calculation are estimated below, based on the current difficulty level of Monero, as well as the exchange rate and price of XMR to USD. I'll play around with wolf and fireice-uk a bit and see how they compare. If your friends managed to get a cheaper rig for mining, there could be a number of reasons why they were able to do so. Do they think we're so stupid that we wouldn't notice? The praise you give the Genesis servers kind of feeds into my original enquiry. Monero can be very profitable to mine, whether it be using a cloud mining service or your own rig from home. Submit a new link. Discussion of using Monero to break the law is disallowed. Check out our other currency calculators we offer to see if another one would be more profitable for you. The power of the blockchain usually increases security at the cost of privacy, but with Monero's sophisticated privacy-centric technology, you get all of the security benefits of the blockchain without any of the privacy trade-offs.

Compare Minergate.com with Genesis-mining.com

As any investment, it contains inevitable risks as well as possibilities of making a profit. As I said I was just playing around and trying stuff. Monero can't be hacked to steal your funds, due to the power of distributed consensus. Yes, if you use cloud mining you are being scammed or eventually will be, Minergate is closed-source I would keep it far away from my Monero. Thanks for the advice. I decided to try a bit of cloud mining just to see what it was like. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors. Submit a new text post. This also generated around 0. Profit Poloniex Erc20 Confirmations Crypto With Low Difficulty Daily Earnings. Minergate is a scam. I used their program to mine Monero and got a bunch of invalid shares, so they reduced my unconfirmed balance. Use of this Monero Genesis Mining Minergate Cloud Vs Genesis Mining constitutes acceptance of our User Agreement and Privacy Policy. Your earnings actually depend on the difficulty of Dash, on the Dash value, on luck how mine blocks we find per dayand so on. When you buy a Genesis cloud mining contract for Monero, you're actually mining Dash, which they convert into Monero. For Nvidia gpus run ccminer. Become a Redditor and subscribe to one of thousands of communities. This means that you are responsible for your What Are The Signs That Bitcoin Is Going To Crash Litecoin Wallet money, and don't have to trust any entity to keep it safe for you. You can see daily, weekly, monthly and yearly profits, as well as the amount of time, in days, it will take for Best Litecoin Faucet Cryptocurrency Weekly Outlook to break even, taking into account your initial contract fee for cloud mining or your hardware costs if you've got your own rig. Please give it a bit time, and see how this will develop. Monero can't be hacked to steal your funds, due to the power of distributed consensus. But you can also download claymore or other miners and connect to their pool for better hash rates. Discussion of using Monero to break the law is disallowed. Log in or sign up in seconds. Because of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another. I tested this with Aeon Minergate vs. This also generated around 0. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Become a Redditor and subscribe to one of thousands of communities. Calculations are based on mean values and do not account for difficulty, price and exchange rate fluctuations. And any calculation is the result at one moment in time.