A mining pool offering combined mining services for CryptoNote currencies. Continuing the topic, today we decided to tell you about how to work in a pool correctly and how to use cryptocurrencies obtained during the mining process.

You can use mining on the Minergate pool both while constantly working at your computer and during its downtime. If you don’t have a laptop, but a desktop PC, you are unlikely to turn it off when, for example, you go for a smoke break, go out to the nearest grocery store for shopping, or drink coffee in the kitchen with friends who suddenly show up “for a minute.”

As a rule, all this time your car just sits idle. So why not make your PC work even when you're not around? You can use the same principle on a laptop.

Launching a pre-installed miner program takes about 5-10 seconds. And if you have a powerful computer, with at least :) 8 cores, then even more so - load 6 cores for mining, and the remaining 2 will be enough for your current tasks or work.

Today we will talk about what to do with cryptocurrencies of the CryptoNote family, earned in . You have 3 options for what to do with the received cryptocurrencies:

You can keep them on the Minergate pool;
- You can withdraw them to their respective wallets;
- You can exchange them for the same Bitcoin or another cryptocurrency you need.

We have tried all of the above methods.

While your earned cryptocurrencies are on the pool, they simply lie on the pool. Nothing happens to them. They don't "spin". And the money must “spin”. The positive point is their relative safety while the pool is working. And may God grant him to work long and reliably. But if (suddenly) something happens to the pool, all your money is “bye bye”.

Based on this, we decided to try the second method and withdraw earned cryptocurrencies to our wallets from time to time. But here the question of having those same wallets on a personal computer arose. Of all the currencies in the CryptoNote family, we only had one wallet for the Monero coin. We started mining Monero much earlier than the Minergate pool appeared. Therefore, we already had a wallet.

We decided to start withdrawing Bytecoin. But as soon as we got acquainted with the official website of the coin, we realized that this option was not suitable for us either. Let's explain why. To install the Bytecoin wallet on your PC, you will need to download the distribution kit from the official website. There are two options:

1. Download the full package (software files, wallet and chain blocks);
2. Download the binary package (software files and wallet only).

The full package weighs 2.25 GB and you need to install it on the “C” drive of your PC. The binary package weighs a little more 2 MB, but to open the wallet, you will need to download a package of chain blocks, which weighs the same 2.25 GB. Since we simply "squeezed" the valuable space of the system drive "C", we decided to go with the third option.

The third option, as described above, involves the withdrawal and exchange of cryptocurrencies of the CryptoNote family for a more accepted cryptocurrency for storage. We have defined Bitcoin as such a cryptocurrency.

Naturally, with a stupid smile on our faces, we rushed to the Cryptsy cryptocurrency exchange, which was repeatedly described on our website, but that was not the case. Cryptsy does not work with CryptoNote currencies. Accordingly, we had nothing to change there.

“After thinking about it” and reading several smart resources on CryptoNote, we ended up on the stock exchange. Almost all CryptoNote currencies are exchanged, sold and bought here, except three: FantomCoin, QuazarCoin and Infinium-8. All other cryptocurrencies earned on Minergate can be exchanged here and now.

Conclusion: The miner program needs to mine all cryptocurrencies (simultaneously or separately) except FantomCoin, QuazarCoin and Infinium-8. Otherwise, difficulties may arise with their exchange.

After registering with Poloniex, you need to go to the " Balances"(Balances), where you can get personal details for each cryptocurrency. Using these details you withdraw funds from the Minergate pool.

Important! Withdrawals from the Minergate pool are carried out separately for each cryptocurrency. In the withdrawal order form there is an optional field " Payment ID". So keep in mind that in the Minergate-Poloniex connection this field is very, very important. If you do not indicate personal " Payment ID" - you will spend a long time searching for your funds! For each currency " Payment ID" different.

After the horror story paragraph, a few words about where to get your " Payment ID".

In Poloniex you need to go to the " Balances"(Balances) and find the desired cryptocurrency there, for example, Bytecoin. There you will see 2 very important parameters: " Deposit address" And " Payment ID".

"Deposit address" is the address to which funds will be withdrawn from Minergate and credited to Poloniex.

"Payment ID" is your personal identifier for a specific currency in Poloniex. It is by this that the exchange determines that the funds have arrived to you and not to “Uncle Vasya”. If " Payment ID"empty, click on the button" Generate New BCN Payment ID", after which a new identifier will be generated for you for the Bytecoin cryptocurrency.

Do the same for other cryptocurrencies.

Once you have prepared all the details for withdrawal on the Poloniex exchange, you can start making withdrawals from the Minergate pool. Once you create a withdrawal order, it will take some time before your funds are credited to your exchange balances. Once the funds are credited, you can exchange them for the cryptocurrencies of your choice, such as Bitcoin.

Let's give an example of an exchange.

Let's say you want to exchange the same Bytecoin for Bitcoin. Go to the section " Exchange"on the stock exchange, then in the right block" BTC Markets"Find the line Bytecoin. Click on it.

In the central column you will see 3 colored blocks - green, yellow and red. When exchanging Bytecoin for Bitcoin, you are interested in the red block. This is an order to sell BCN. Click on the number under the phrase “You have”, after which the system will recalculate the result from the Bytecoin sale, displaying the total amount and the amount of the exchange commission. If you are satisfied with everything, just click the " Sell".

The amount of Bitcoins received from the exchange will be credited to your balance in the system.

If you would like to withdraw funds in Bitcoin to an external/personal wallet, simply go back to the " section Balances", find Bitcoin in the list and fill out the withdrawal form, where " Amount" - sum, " Address" - the address of your Bitcoin wallet.

After some time, the funds will be credited to your Bitcoin wallet.

That’s basically all we wanted to tell you about in our material today. Just in case, let’s write down the algorithm for working in Minergate from start to finish:

1 . Register in .
2 . Download, install and run the miner program. Use the miner while your PC is working or idle. The miner supports both CPU and GPU mining (processor and video card).
3 . Mine all cryptocurrencies (simultaneously or separately) except FantomCoin, QuazarCoin and Infinium-8. They are difficult to exchange.
4 . Register on the exchange.
5 . Generate all personal identifiers for each CryptoNote currency except FantomCoin, QuazarCoin and Infinium-8.
6 . Withdraw funds from Minergate to the Poloniex exchange using the details received in Poloniex.
7 . After the exchange, you can withdraw funds to your personal Bitcoin wallet.

This is a mining pool service where you can earn cryptocurrency using your computer.

This service has its own features that distinguish it from other similar pools!

You can mine cryptocurrency through your browser!
You don't need to install any miners - you just need to log into your account and go to the " tab Cloud mining" and press the " Start " button there.
Done, you have already started mining cryptocurrency. But, of course, the speed of such mining is much lower than through a special program.

You can mine cryptocurrency through a convenient program!
Moreover, you can mine any of many different cryptocurrencies, you don’t need to install any special miner programs - you can do everything through one program - this is very convenient.

The program from , has a smart mining mode - if you turn on this mode, the program will itself choose which cryptocurrency is currently worth mining, depending on which cryptocurrency Now it is most profitable to mine. You just need to run the program and select the "Smart Miner" mode, and then it will do everything itself.

The mining program itself looks like this:

You can mine under one account on several computers!

Supported currencies

How to work in MinerGate?

To start mining you need to register, select the interface language, then go to the " tab Cloud mining" if you want to mine through the browser and click " Start " for the desired currency:

Or download the program in the "Downloads" section - launch the miner and log in using your account data, then in the program just click the "Start Mining" button next to the cryptocurrency you need.
You can also select the number of processor cores that will participate in mining.

For example, if you have a 4-core processor and you want to work on the computer while mining is in progress, then you can select 1 - 2 cores for mining, so the computer
It won't slow down much.
If you select all 4 cores, then it will no longer be possible to work on the computer, because all computing power will be spent on mining.

At the moment, the most profitable is mining the Monero currency

Withdrawal of funds

So, you've been digging for coins for a long time and successfully, and now you've decided it's time to get the fruits of your labor.

You go to Dashboard (Panel) and click the Output button.
After this, you must enter the address to which the coins will be sent.

If you do not specify the amount, then you will be sent ALL coins AVAILABLE for withdrawal.
To receive some coins, indicate exactly how many you need in the "Amount" field.

Please remember that the network fee for the transfer, which is indicated in the Network Fee field, will be deducted from this amount.
So if you need a round amount, add payment to the required amount and indicate exactly the result obtained in the “Amount” field.

Example of withdrawal of funds

And so we earned some cryptocurrency
(in our case this is 184 Bytecoin) and we want to output them:

More details in the video tutorial:

Minergate is a mining pool created by a group of cryptocurrency enthusiasts. Minergate is the first pool that offers combined mining services - in the process of mining crypto money in this pool, you can generate various coins at the same time, without reducing the hashrate for mining the main currency.

Where to download the Minergate program

• You can download the latest version of Minergate on the official website Minergate.com/downloads

Features and benefits of MinerGate

• The most profitable mining pool;
• The easiest cross-platform miner to manage;
• Support for combined mining;
• Support for all cryptocurrency miners.

Now we will tell you how to work correctly in this pool and how to use the cryptocurrencies earned during the mining process.

Mining profitability calculator

Before you start mining useful coins, we recommend calculating your theoretical profit. The site has a calculator that will allow you to calculate the profitability of mining BTC, LTC and other cryptocurrencies (Bytecoin, Monero, FantomCoin, QuazarCoin, DarkNote, MonetaVerde, Aeon coin, Dashcoin, Infinium-8).

Minergate calculator

How to use the calculator:

1. Select currency;
2. Enter your hashrate information;
3. Check mining profitability.

How to set up and use Minergate

After downloading and installing the program, wait for the analysis process of your PC (computer capabilities). This will happen automatically in 9 steps - everything will be shown in the software window. Time approximately 2 minutes.

Minergate benchmark
Minergate smart mining

Naturally, you can turn on and off the mining of other money yourself by simply clicking on the arrow next to them.

Minergate crypto list

The selected crypto will immediately light up green and the time and profit numbers will appear. Very small at first, but growing over time))

Minergate - achievements page

From time to time, pop-up windows with your achievements will appear - but we immediately turn off this circus by checking the appropriate box in the window.

How to create a wallet and withdraw money

You can open a wallet through the Minergate program by switching to the Wallet tab. But this is not necessary, since withdrawal of mining is also possible through the Ru.minergate.com pool itself (the link was above). We recommend withdrawing to the Polonix exchange.

Minergate wallet in the program

Once you have prepared all the details for withdrawal on the Poloniex exchange, you can start making withdrawals from the Minergate pool. Once you create a withdrawal order, it will take some time before your funds are credited to your balance on the exchange. Once the funds are credited, you can exchange them for the cryptocurrencies of your choice, such as Bitcoin.

1. Register with Minergate.
2. Download, install and run the miner program. Use the miner while your PC is working or idle. The miner supports both CPU and GPU mining (processor and video card).
3. Mine all cryptocurrencies (simultaneously or separately) except FantomCoin, QuazarCoin and Infinium-8. They are difficult to exchange.
4. Register on the Poloniex exchange.
5. Generate all personal identifiers for each CryptoNote currency except FantomCoin, QuazarCoin and Infinium-8.
6. Withdraw funds from Minergate to the Poloniex exchange using the details received in Poloniex.
7. After the exchange, you can withdraw funds to your personal Bitcoin wallet.

How much can you earn from mining?

In tests with the configuration of an AMD 6300 computer with 6 cores with 3.4 GHz and 8 GB of memory and without the help of a video card (it is too weak), in a couple of hours it was possible on only 2 cores (you can switch them yourself and allocate the number of them for work) mine approximately 5 BCN bytecoins. That is, 0.1 dollar or 6 rubles. A trifle - but nice!

Video about MinerGate: registration, installation, configuration and withdrawal of funds

Well, if the power and number of video cards allows it, try it

Recently, I have become deeply interested in making money on the Internet based on technology related to cryptocurrency mining. At first I started using cloud mining - mining on Bitcoin faucets. However, there is also a cloudless one. For the second method, you need to use some service that provides a program for mining various cryptocurrencies. One of these, the newest and most effective, turned out to be Minergate.

How to use cryptocurrency mining using Minergate

1.Registration on the site and working with the mining program

Minergate is a mining pool created by a group of enthusiasts specializing in cryptocurrencies. This is the first pool that began to offer combined mining services A. This means that during the mining process in this pool, you can generate different coins at the same time, without reducing the hashrate for mining the main currency.

It's easy to use and the choice of currency is yours. All you need to do is register on the service and, by going to the “Downloads” page, select the appropriate version of the program that matches your OS, download and install the program.

The main window of the program, after you go to the “Miner” page, allows you to select the desired currency and start mining using the required number of cores of your computer. In some cases, you can mine using a video card.

This is what the main window looks like for reflecting operations on the site itself in the “Panel” section.

Actually, my task in more detail is to explain how to withdraw the mined cryptocurrency to your wallet. From start to finish. Therefore the next step is

2. How to withdraw mined cryptocurrency from the service

Getting currency is half the battle. It needs to be defined and used somehow. After you have obtained the minimum required to withdraw cryptocurrency, you can withdraw it. But where and how?

The most convenient way to withdraw mined cryptocurrency is on the POLONIEX exchange. This site will serve as an intermediate service for you, where you can withdraw the mined cryptocurrency and exchange it for a more suitable one, one that can be transferred, for example, to your personal Bitcoin wallet or used in trading.

Registration on poloniex will not take much time. Now let's get it out. Click on the “Withdraw” button on the Minergate website and enter the necessary parameters "Address" and "Payment ID". If you want to withdraw everything, you don’t have to specify the amount in the “Amout” window.

Where can I get them? And on the site where we display it - POLONIEX. Let's open the window " Balances«⇒ "Deposit&Withdrawals".

In the window that opens, select the desired currency. In my case, this is “BCN” (note that I have already withdrawn some amount and there are no zeros there) - click “Deposit” (replenish).

Next, a window will open in which “ Payment ID", to open the address line, click on the line below - “Deposit Address”.

That’s it, your details are ready and now you can copy and paste them into the appropriate windows (see Fig. 3). The translation will arrive quite quickly. You can check it on the page " Balances«⇒ "History".

Instructions for exchanging currencies on POLONIEX

1. It’s better to use the Yandex browser, or Google Chrome, but not Mozilla - it hangs on the currency exchange page). By default, I have defined the mined cryptocurrency as an example. This is “BCN” (Bytecoin), it can be used thanks to the program in the same way as any of the proposed cryptocurrencies; Moreover, you can mine everything at once, if your processor does not jam. Be careful and install a suitable widget that shows the load on your computer while it is running!

2. Open the “Exchange” page
3. In the upper right corner in the “Markets” column, select “BCN” (this is how the mined currency Bytecoin is designated).
4. As a result, we will see three blocks in the center of the page (below the graph). Select the far right one - “SELL BCN”. The cash you have in this currency, which was transferred from the site ru.minergate.com, should be reflected here.
This is an order to sell BCN. Click on the number to the right with the phrase “You have”, after which the system will recalculate the result from the Bytecoin sale, displaying the total amount and amount of the exchange commission. If you are satisfied with everything, just click the button "Sell".

The system will allow the exchange provided that your amount in terms of bitcoins is not less than 0.0001.
5. Then, if you wish to further withdraw funds in Bitcoin to an external/personal wallet, simply go to the section again "Balances"⇒» Balances«⇒ "Deposit&Withdrawals", find Bitcoin in the list, click now " Withdrawals" and fill out the form for withdrawal of funds, where “Amount” is the amount, “Address” is the address of your Bitcoin wallet.

That's all. Good luck!

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Cryptocurrency mining is a very popular way of earning money, which became widespread at the beginning of 2017. If previously it was possible to use a regular computer for mining, today powerful equipment is used. Moreover, miners join together in pools to facilitate cryptocurrency mining. We suggest that you read the MinerGate review and reviews. This site is in great demand.

MinerGate is an international mining pool that targets users from different countries. This is evidenced by the large number of language versions of the site:

• Russian;
• English;
• Chinese;
• Czech;
• Italian;
• Romanian;
• Spanish;
• German;
• French and others.

The domain minergate.com was registered on March 4, 2014. Among its competitors, this mining pool stands out due to its user-friendly interface, which will allow even beginners to connect their power to the general network without much effort.

The latest MinerGate news can be found on the official pages on social networks:

To register in the pool, just enter the following data:

• e-mail;
• password.

After this, the user will immediately be taken to his personal account and will be able to download software to connect to the pool. The MinerGate platform offers several different versions.

Cryptocurrencies for mining on MinerGate

MinerGate supports several cryptocurrencies at once. In this pool you can mine:

• Bitcoin;
• Ethereum Classic;
• Bytecoin;
• Monero;
• FantomCoin;
• QuazarCoin;
• DigitalNote;
• MonetaVerde;
• Dash;
• Aeon coin;
• Infinium-8;
• Litecoin.

MinerGate pool fee

The pool has two award systems - PPS and PPLNS. Depending on the type of reward, the commission of the MinerGate platform changes. Below you can find detailed information.

Cryptocurrency	PPS fee	PPLNS fee
Bitcoin	-	-
Zcash	-	1%
Ethereum	-	1%
Ethereum Classic	-	1%
Litecoin	1,5%	1%
Bytecoin	1,5%	1%
Monero	1,5%	1%
FantomCoin	1,5%	1%
QuazarCoin	1,5%	1%
DigitalNote	1,5%	1%
MonetaVerde	1,5%	1%
Dashcoin	1,5%	1%
Aeon coin	1,5%	1%
Infinium-8	1,5%	1%

Setting up MinerGate

In order to connect to the MinerGate pool, we need to download the application. After we have logged in to the official website, we need to go to the “Downloads” section. The site will offer the most suitable program for your computer. Download and install it.

To start mining cryptocurrency, just go to the “pickaxe” section. After that, select the coin we need and the mining method, and then click “Start mining”. It is worth noting that some cryptocurrencies can be mined using the CPU and GPU at the same time. This will allow you to mine many more coins on MinerGate.

You can monitor the progress of mining and the results on the official website in the “Panel” section. There you can get acquainted with the number of miners, difficulty, number of blocks and other parameters.

Withdrawing funds to MinerGate

Once you have enough coins in your personal wallet in MinerGate, you can withdraw them to your account. To do this, just go to the “Panel” section, find the corresponding cryptocurrency and click “Withdraw”.

Are you having problems with payments on MinerGate? Leave your review of the pool in the comments.

Cloud mining

The MinerGate platform supports cloud mining. The pool offers to invest bitcoins in production facilities, after which the user will receive a reward daily.

If you compare the costs of cloud mining and the profitability offered by the site, then it is much more profitable to assemble your own farm from video cards. ProfitGuide does not recommend investing in cloud mining on any site.

Advantages and disadvantages of MinerGate

MinerGate is a user-friendly platform that is primarily aimed at beginners in the field of mining. If you have the necessary equipment for cryptocurrency mining, then you can connect to the pool in 5-10 minutes.

Advantages

If we compare this platform with other mining pools, MinerGate has the following advantages:

• support of several languages;
• a large number of coins for mining;
• different types of rewards;
• ease of connection.

Flaws

MinerGate also has its drawbacks. One of the most significant is the “Cloud Mining” section. A beginner may find this option a convenient way to start mining cryptocurrency, but experienced miners know that companies that offer a similar service mainly profit from this.

In this case, the investment will take a very long time to pay off, and it is unknown how long the site will operate. It is much better to buy equipment. If the pool closes, you can always connect to another site and continue to earn money on cryptocurrency.