Monero (XMR) was initially released in April 2014 and was one of the first anonymous cryptocurrencies in the field. Since its launch, the Monero network has experienced many changes and updates, the most recent one taking place on 9 March 2019. Let’s have a quick look at what changed and what people need to do […]
Dear miners! MinerGate is pleased to inform you, that our developers’ team is working on the preparations for the upcoming hard forks in Monero (XMR) network, which is planned on March 9, 2019. The list of changes and improvements of the update could be found in official XMR sources. MinerGate will fully support the hard […]
Dear miners, Due to the recent huge ASIC invasion on the Monero-Classic (XMC) Network, overall hashrate of the network has raised significantly. As a consequence of such hashrate increase, the network’s difficulty has also enormously raised. After the ASIC invasion passed, all huge hashing powers were disconnected from the network and the network’s hashrate got […]
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 […]
Bytecoin is a cryptocurrency that was first to implement the CryptoNote protocol. Bytecoin made a significant impact on the cryptocurrency industry and remains to be one of the most popular coins on the market to this day. Bytecoin became a base for multiple forks, some of which are Monero, AEON, and Fantomcoin.
One of the most popular third-party mining solutions among MinerGate’s users – XMRig – appeared to have a critical bug in its codebase, making the mining of the updated Monero (XMR) within MinerGate XMR mining pool impossible.
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.
There is no doubt that mining is the backbone of every cryptocurrency. Whether it is on a mobile phone, ASIC, or hardware in the Cloud, it is these computations, big or small, that make the transactions of users possible. Here is an up-to-date review of the CryptoNote mining scene.
Dear miners, We are glad to inform you, that recent issues with Bytecoin withdrawals were finally solved. Starting from now you can transfer all your BCN funds to the Freewallet and operate them off-chain as any other supported cryptocurrency.
There have been many algorithms discussed and proposed over the years in the cryptocurrency space. There are many arguments for and against each Proof-of-Work algorithm, however, we’ll discuss two most widely known of them – CryptoNight and EquiHash.