'm curious to see what else people will do with tech like this. I can imagine people renting coworking spaces to take advantage of the electricity costs and plugging in all their computers......
@datarade This has definitely happened but gets shut down relatively quickly from what I hear. Most subleases/rental agreements include some sort of "reasonable use" clause that allows the tenant to back out of the agreement if they catch you 😏
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@datarade I do co-work and had already considered the idea.
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I'm surprised MinerGate wasn't previously hunted. I've been using it for about a year and have had a lot of success with it.
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@jaredepicpower is it successful because of current bitcoin price or better than others services? is there a btc price at which it doesnt make sense to mine?
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@jaredepicpower Jared, what kind of earnings?
@Richardginsberg $3 usd / day may be nothing now, but if the coins take a run, and beat inflation, it could be worth far more in days to come. or if fed reserve deflates US currency, that also helps.
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@jaredepicpower@alex_kranenburg Bitcoin is unmineable without latest ASIC hardware. CPU/GPU/FPGA is bringing a tooth pick, pocket knife and axe to a nuclear armageddon.
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@mjlambie almost better to take cash spend from power and $500-800 GPU and buy crypto outright.
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Then you start mining with minergate you can see that your hash/rating really weak. But then you run any the same script - you can see that your mining profit become twice more
Pros:
it runs on every pc where you launch it
Cons:
They should start to be fair and not stealing half of user profit
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Do you have any 'same script' suggestions my friend? :)
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Sometimes products don't match the expectations of people. We believe it's not a legit reason to talk about stealing. Every service that develops actively has issues sometimes. We do our best to keep in touch with our users. If you faced problems please direct the request to support@minergate.com. Our support team will be glad to help you.
If I understand this correctly, this is a downloadable mining client for Mac, PC, and Linux computers or an in-browser miner. This isn't a new idea but their approach seems to be simplistic and effective. Kudos!
Miner beware: likely, with the number of GPU miners online today, this will not be profitable for you when factoring in how much you spend in electricity to power your relatively weak laptop. I would also worry about damaging your laptop (wear & tear damage from running something at full-tilt for extended periods of time, or overheating) but that's a risk you are deciding to take on.
As always, if you want to actually invest in cryptocurrencies, best bet is to just buy some. 💸
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@nickabouzeid
" ... their approach seems to be simplistic and effective."
A "simplistic" approach would be an approach that is in some way inadequate, *too simple*, and necessarily *ineffective*.
"Simplistic" does not mean _pleasingly simple_, or anything like that. You might be looking for "minimalistic," or just "simple."
Cloud mining option looks like a 10 month break even for 0.5BTC - Does that make any sense paying one time fee? Any experienced miners?
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Nice product if I can warm up my flux capacitor and set the date to 2011. FYI if you have a 1080Ti expect $3 a day running 100%. All down hill from there with any other configuration.
Just a warning. If you run this software all night on a laptop, it might fry your mainboard :0 My laptop died after a few days of running MinerGate. Probably more suitable for a desktop.
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@mynhpark Sorry to hear that. Minergate has an option to limit CPU/GPU utilization. Of course, it is a tool for hobbyists.
Link Texting
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Then you start mining with minergate you can see that your hash/rating really weak. But then you run any the same script - you can see that your mining profit become twice more
Pros:it runs on every pc where you launch it
Cons:They should start to be fair and not stealing half of user profit
Ramp
Ramp
BearTax - Cryptocurrency Tax Software
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