Despite the existence of these issues, some users have also reported success stories of using the platform. Effectively, this means that Minergate allegedly takes potential earnings off the top.

For example, reviewers state that Minergate lists a lower hash rate for your device than what it actually should be. Some users also say that Minergate is not transparent about hash rates. While the latter doesn’t equate it to a scam necessarily, it does make it slightly less trustworthy. Additionally, a number of reviews online attach affiliate links to the Minergate website. For example, some have claimed they were not able to withdraw funds or couldn’t see available funds on their accounts. Minergate: Company Trust, Uptimes and Fund SecurityĮven though it’s easy enough to download and run the software, Minergate has had a few users complain about a number of issues. Minergate provides a merged mining option for a variety of algorithms/coins. As of January 2019, NiceHash doesn’t offer any merged mining options. This is due to the fact that all use the CrytoNight algorithm. In October 2016, Minergate added this functionality for mining XRM, XDN and FCN simultaneously. In June 2014, MinerGate became the first CryptoNote pool that features merged mining. Minergate has several different options for merged mining. This provides you with a solution for finding the most profitable coin to mine in real time. Feature Comparisonīother Minergate and NiceHash allow you to turn on automated algorithm switching. Meanwhile, in January 2019, NiceHash has greater than 303,000 daily active workers, 101,000 miner users, 4,168,000 orders and 195,000 BTC in payouts. This platform is used by around 3,700,000 miners worldwide.

Over 500,000 miners have reportedly profited from using the site. Minergate receives around 2,000 signups per day on average. How do they compare? We look at everything from user stats to fund security, pay out fees and more in this article. NiceHash and Minergate are two of the most popular cloud mining options on the market today.

Available Cryptos and Mining Algorithms.

NiceHash: Company Trust, Uptimes and Fund Security.

Minergate: Company Trust, Uptimes and Fund Security.

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