Effectively Mining in Minergate

There is some speculation that the hash rate with Minergate is low. I am here to explain why. The GUI (Graphical User Interface) program that you download does make it easier. It allows you to switch coins and mine with a click of a button. For the record, you have no argument as to why your has rate is low. 

 

Let us focus on that kind of Program for a minute. Graphical User Interface. That means it is a graphic display which uses a portion of your graphics card or cards. Truth be told you cannot get a high rate with that running.

 

There is one thing you can do to ensure that you get the maximum hash rate for your graphics card, and that is to use the claymore mining software. I had tested this out myself and I got the exact same hash rate on minergate that I did on using it to mine monero (XMR) on monero.crypto-pool.fr. There was no difference in the hash rate at all. This is because I was not using a GUI software that reduces the graphics power of my graphics card.

As you can see, the claymore mining software will allow you to get the full potential of your Graphics cards while mining on minergate without the use of the GUI software which reduces the ability of the card or cards to mine.

I hope this helps you increase your revenue.

Cryptocurrency Mining 200

We have already explained in past articles that the way to mine was to only add up satoshi I will go through this and mind you I have 1 more bitcoin being mined as well, however that photo was too large so I just used the Litecoin photo.

 Let us start with those pools that we can mine with the Antminer S3 on Load Balance first.. As you can see by the below picture, I have outlined 3 pools that I mine and you will not that on the Inferno pool I have a Litecoin address. This is because it is a multi algo pool that has great hash power as is, and I am requesting that I be paid in Litecoin. The other two pools are bitcoin.

 Now let us go to the other two pools. I am mining Bitcoin, one pool I can not show but you can see another pool I can show. I used to mine P2pools, but it seems that the payouts are too long between. Remember I said you will have to find out which pools work for you.

Just from these pictures alone you can see that the adding of Satoshi is a lot faster than if you are just plugging along mining one pool. Now let us show you the pools I am mining Litecoin on with my GPU. Remember the GPU is the assist.

So the math formula I am following is broken down like this I am mining three addresses of Litecoin and 2 bitcoin. Let us not count the 2 Cloud mining sites. Just let us count these. I have 1 staking wallet that I gain interest and when the coins reach a certain amount I trade to potcoin usually once or twice a week. And I made it easy for myself because 1 of the bitcoin pools mines directly to my electrum wallet which I get paid out every other day or so which gives me a little petty cash to spend if I need it. So the formula is

coins=5, 1 staking wallet 30 days coins times the number of days added to the interest or stake times the number of days.

100. *30 + (I * 30)

It is easy as heck once you understand the dollar and all fiat currency is FAKE and a lie. The only thing that matters is math since bitcoin is backed by math.

In conclusion please remember this, Math is perfect, people are not.

Fixing a problem of a pool mining the wrong coin

This post is going to cover an email I received concerning the fact that a fiend of mine entered his doge coin address in a pool and when he checked the particular site, for some strange reason it was mining unbreakable coin.

Let us remember that this in retrospect is program able money. With that being said  let us go through the steps with bfgminer. This works on most other mining programs. When you start bfgminer you will enter the url for the pool. Then, if you are mining dogecoin for example, you enter your dogecoin address. After you hit enter again it will show password, there is usually no password for p2pools or most hashpower selling sies, so just type the following:

px c=doge

This will prompt the pool that the coin being mined or paid is dogecoin.

I hope this was useful