Crypto Mining Definition & Meaning

Cryptocurrency mining (i.e. crypto mining) is the process of verifying user transactions by solving mathematical problems related to the calculation of the hash function. After the hash is solved a transaction is added to the blockchain. Read more about crypto mining in our blog or join our mining pool right away.

All you need to know about PoW-based mining algorithms

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All you need to know about PoW-based mining algorithms

For the past 10 years since Bitcoin was introduced to the world, people all around the globe have more or less got used to some classic model of cryptocurrency existence. Cryptocurrency is a reward method for maintaining the work of the blockchain network. Blockchain network is a decentralized ledger. Maintaining the blockchain along with obtaining […]

51% attack on ETC cannot discredit cryptocurrency.

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This is unfortunate and resulted in a lot of negative press. And any major failure casts a shadow on the entire industry.

There are several important concepts behind cryptocurrency. The first and most basic is security. We believed that trust between users was secured by the system. And this concept has justified itself. But there are still exceptions. Despite ETC’s claimed primacy of code, it was subject to a 51% attack. This is unfortunate and resulted in […]

MinerGate releases GUI miner to support upcoming Monero hardfork

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MinerGate releases GUI miner to support upcoming Monero hardfork

Our Monero (XMR) mining pool is already set up to support the upcoming Monero hardfork with our recently released GUI miner for Windows. Please update your software to continue mining Monero. In the meantime, we will be testing other versions to make sure you get the smoothest and safest XMR mining experience.