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MinerGate Review

MinerGate Review

MinerGate Review
7.8

Cost

7.1/10

Reliability

9.0/10

Support

7.2/10

Pros

  • 14 different altcoins are available in their mining pool
  • Transparent pricing structure
  • Low maintenance fee

Cons

  • Withdrawals are available from 0.01 coins, including bitcoins too
  • Only bitcoin cloud mining is available
  • The minimum purchase is 20GH/s

About MinerGate

Address

N/A

Coins:

bitcoin, litecoin, ethereum, zcash, dash

What is MinerGate?

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MinerGate is different from the other miners we review here, in that it is a mining pool, rather than a cloud mining company. It is unique as offers merged mining This means that you can mine different coins without a decrease in hashrate. The website is in several languages too, making available to a wide audience.
The history of MinerGate

MinerGate was founded in March 2014 and created by a group of cryptocoin enthusiasts. They offer various currencies to mine and are growing each day.

Cryptocurrencies Offered

MinerGate offers lots of currencies for their customers to mine, such as DigitalNote, QuazarCoin, Fantomcoin, MonetaVerde and Infinium-8 and all of the below:

  • ZCash
  • Ethereum
  • Bitcoin
  • LiteCoin
  • Bytecoin
  • Monero
  • AEON coin
  • Dash
  • Payouts

As soon as you start earning with MinerGate, you can withdraw your earnings. You can withdraw to an external wallet or a crypto exchange, such as Changelly.
Is it a scam?

Is it a ponzi scheme? Is it legit? Can MinerGate be trusted?

They've been going since 2014 and have a massive customer database, with over 1 million people using the site. Mining your own currency is a great alternative to buying currency.
Security

MinerGate has an SSL certificate (https) on the website. This means all communications from your browser and the website servers are encrypted, keeping your mining investment safe and secure. MinerGate offer users Two Step Authentication on their website too, adding extra security when you're logging into the site.

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