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June 21, 2017, 10:58:59 AM |
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As at 20/5/17 their service is very poor. Despite its "Smart" Mining feature, their mining software is terribly inefficient.
Prohashing.com is far better. It can be more difficult to configure, but once you learn its far far far better than Minergate. Prohashing also has smart mining that chooses the most profitable coins, and they pay you out in any coin you want (as long as its an X11 or Scrypt coin, such as Litecoin and Doge).
Their website lacks security, and accounts are continually hacked (2 Factor Authentication MUST be enabled or you can kiss your coins goodbye). Despite how much of a problem this is, they don't really warn new people about it.
Their chatroom is absurdly slow and barebone, and they will ban people for talking about other pools or mining services positively. They are paranoid.
They are often slow to respond to support tickets. Their chatroom is often full of people asking what their withdrawals are still pending. If you use a wallet, or a good exchange, you know how fast crypto transactions can be, yet Minergate's withdrawals can take DAYS or even an entire week.
They offer cloud mining, but why bother? Nicehash and Genesis are much better.
Many people suspect them of being tied to the sh*tcoins like Bytecoin and its friends. Google Bytecoin scam to learn why that coin is to be avoided. The fact that its value went up recently doesnt make it a good coin.
I recommend Prohashing as a far better alternative. If you need help getting started mining there, just ask on the forums.
Also, if youre happy just being paid in Bitcoin, Nicehash's miner is really easy to use.
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