Skip to main content

MinerGate



MinerGate is very interesting Mining pool with it's own mining software AND web mining (something that I've personally never seen).

It is primarily used for mining cryptonote coins. If you have a slower CPU/GPU machine, it might be something you can get a reasonable yield out of. With much lower global hash rates, you have less competition for shares.

Some cryptonotes have to be exchanged into a different coin before bitcoin but some like BCN can be exchanged straight into BTC (if that's what you're looking to do).

Start Mining

Simply download their GUI miner, and you can start at least mining with your CPU almost instantly. The second route is to navigate to their home page and scroll down past their GUI and download their open sourced mining software (if you dont like using these, just stick with the GUI).

Fairly easy to set up, they're basically plug and play. Here's a simple set up for the Claymore CryptoNote GPU:

 setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
NsGpuCNMiner.exe -o stratum+tcp://mcn-dsh.pool.minergate.com:45740 -u emersongstewart@gmail.com -p x

 That's it. just run the pool .bat file and you're already mining away. Keep in mind that you can change the pool to any coin you'd prefer, this is just what i mine with them.

Trade to Bitcoin

Trading cryptonote coins into bitcoin is incredibly simple, my preference is Poloniex. Simple exchange, well laid out exchange, fees are a bit heavy however.

Just when transferring these kinds of coins,remember the key as well as the wallet address, forgetting this may lead to the loss or temporary loss of coins.
Labels:
Location: Toronto, ON, Canada

Comments

Post a Comment

Popular posts from this blog

BTC-Flow

Today I'll be giving a bit of a look into BTC-Flow . It's a game based bitcoin faucet that has me pretty into it. No more of the jumping from site to site clicking your way through pop ups and other fun activities. The concept of the game is that you run a  company. At first, your company mines bitcoin and has a earning rate of 0.0000015 BTC/Min and your max capacity is 0.000012 BTC. Your part in running this company is getting the bitcoin from your company either before or after your max capacity is hit. You then need to click once your bitcoin capacity is reached to put that balance into your main bank. From here you basically repeat this as much as you'd like. If you really enjoy this, you can "level" your business with bitcoin to increase capacity and earning/min at any point. If you like faucets, you need to check this out . BTC-Flow.com
5 comments
Read more

Setting up a self maintaining miner (Windows GPU CPU miner)

Problem I run a 125MH/s ETH GPU mining rig but I was having issues where it would restart intermittently and when it would come back online it would obviously stop mining and i would lose mining time because of it. Solution Automatic restart  Run your miner automatically on startup This is actually a very simple way to keep your miner in check so you don't encounter much or any down time. As an added bonus, it's very simple to set up. Automatic restart Search for "task scheduler" in your windows search bar and open it. Now select "Create Task..." from the right side panel. Give your task a name and check the "run with highest privileges" checkbox Go to the "Triggers" tab and click the "New..." button. Here you should select "Daily" and select a date and time you would like this task to be run. Once you're done with your selection, click "OK" Go to the "Ac...
Post a Comment
Read more

Mining ZCash(ZEC) on windows

I spent some time trying out a few different pieces of software to try to figure out one that works best for me. I have 2 good options for mining ZCash, both for the coin and using NiceHash to auto convert it to BTC for you. Option 1 Download the NiceHash Miner Run the miner (install steps) Put in your btc address and your worker name Run the benchmark (depending on your number of devices this can take some time, however, it's worth it). Once the benchmark has completed, simply click "Start" This option will be mining with NiceHash, however, it auto converts coins into btc. This may not be what you're looking for, so see option 2. Option 2 Download the latest release of nheqminer Extract Create a run.bat file Here's a couple examples for your run.bat file Examples AMD 1 GPU nheqminer_zcash.exe -l usa -u YOUR-ZCASH-ADDRESS-HERE -t 6 -od 0 NVIDIA 1 GPU nheqminer_zcash.exe -l usa -u YOUR-ZCASH-ADDRESS-HERE -t 6 -cd 0 ...
Post a Comment
Read more