MinerGate changes the supported Monero fork

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MinerGate changes the supported Monero fork

For a long time, the MinerGate pool was supportive of the Monero Original cryptocurrency. However, the MinerGate team recently decided to move its support from Monero Original to Monero-Classic.

The Monero’s fork, that happened on April 6, 2018, and was intended to protect its ASIC-resistance, caused a large controversy amongst blockchain analysts, investors, and cryptocurrency developers. Some of them supported the decision, and some condemned it. However, the update happened and led to the establishment of the four new coins.

They were:

  1. Monero-Classic (XMC)
  2. Monero Classic (also XMC)
  3. Monero Original (XMO)
  4. Monero 0 (XMZ)

The most popular of the new coins, arguably, was Monero Original. It was a coin with most of the media attention and the team driven by strong principles. We wanted to provide our users with the mining of this fresh crypto and chose Monero Original as an option for the mining on the MinerGate pool. However, we think that now there is an opportunity to offer you a more advantageous coin to mine on our pool.

Currently, there is one Monero-based project that can provide you with the most attractive features and has an advantage of the robust and constant development – it is Monero-Classic created by PZ. PZ is an early Bitcoin evangelist, and also one of the most notable personalities in the development of Litecoin. His Monero-Classic project is currently the most active of the Monero forks in terms of development and trading.

The recent upgrade of the coin was performed on October 16, 2018. It helped to provide the coin with several new features, bug fixes and technological solutions making it one of the most promising cryptocurrencies in the area of privacy-focused coins. The details of the update are free to check out on its GitHub.

Due to the mentioned advantages, the MinerGate team decided to switch our support from Monero Original to Monero-Classic. We believe that it will help us to provide you with the most efficient and profitable mining experience. All the necessary updates will only affect the backend of the mining pool so the MinerGate users won’t have to update their software to continue mining the new coin. For your convenience, until the next scheduled software update, mining of the Monero-Classic will be temporarily bound to the Monero Original ticker (XMO).

Rating: 3

Comments

But my minergate smart mining shows you have me mining XMR, which is not any of the 3 tickers you say are now valid. What am I missing?

Rating: 3

Hello, Rob.

XMR is a ticker for Monero cryptocurrency. It’s the “mother-chain” for all other Monero forks (XMO, XMC, XMV). MinerGate still supports Monero (XMR) network, while Monero Original (XMO) support was changed to Monero-Classic (XMC).

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