You may have seen ZCash, known to miners and exchanges as ZEC, while looking through the list of mineable coins on MinerGate. So what is ZCash and why should you mine it?
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.
Dear miners, We’re glad to inform you that MinerGate multicurrency mining pool is now compatible with NiceHash. Through NiceHash Miner GUI software, users can sell the computing power of their CPUs, GPUs, ASICs and rig farms, to buyers who use it to mine with larger pools. To benefit from this feature, MinerGate users simply need […]
Monero, with its focus on privacy and decentralization, today is one of the ten most popular cryptocurrencies in the world by market capitalization.
You can think of cryptojacking as a virus which pays the hacker. Cryptojacking is one of the quickest growing cyber-attacks, with reports of web-browser cryptojacking attacks rising 30% in this year alone.
To continue where we left off in the previous part, this part delves further deeper into the various consensus mechanisms that have been making a lot of news lately and are being proven as worthy successors to the consensus problem. These algorithms have worked really well in theory but are yet to be adopted into […]
MinerGate mining pool is going off-chain, outsourcing their withdrawal infrastructure in order to focus solely on their core business, which is mining. The adoption of off-chain microtransaction technology will modernize the company’s service, introducing fast, free, and easy transaction execution. Users will benefit from new features: Free and instant withdrawals to your automatically created Freewallet […]
We will shed some light on mining hotels (colocation hosting for miners): namely, what is a mining hotel, how it works and where it is located. In short, we are going to be describing how they work and what some of the biggest ones currently look like. This may be a solution if you’re a miner […]
We’ve all heard about Bitcoin and how people would just mine it from home with their laptop or desktop, years ago when it all started. Everyone’s heard of the guy who bought a pizza for 23 Bitcoin, right? And not so long ago, makeshift “mining farms” started popping out from almost under the floorboards. It […]
If you’re choosing a frame for your mining rig, remember, it secures your hardware and it should contain minimal to no metal as the conductive nature of metals can affect the performance and health of your mining rig.
Either very clever or extremely risky and possibly both is the phrase which instantly springs to mind with the concept “National” cryptocurrency. Clever for Governments to seek to “own” the blockchain space and potential uses, and extremely risky due to the overall volatility in the market and the sophistication of key players to manipulate it. […]