Multi cryptocurrency Mining Pool

  The main function of Minergate is the multi-cryptocurrency mining pool. With their software, miners can join their pool and choose from the various altcoins or let the system choose for them.  Due to the automine function that they call as smart mining contract, it is possible to automatically mine the most profitable coins from the hashpower purchased or ownerd. In order to use the service, Minergate charges 1%-1.5% pool fees. Payouts are based on PPS or PPLNS methods that is deducted from the daily earnings.
  Minergate makes cryptocurrency mining affordable and profitable for anyone. They provide a possibility to join their pool for a low fee and mine 14 different altcoins. Bitcoin cloud mining is also available through their partnership with Hashing24. The hashing power is interchangeable between the coins with their smart mining contracts so the users always get the highest possible profit that can be achieved.
  Minergate also offers cloud mining services for bitcoin through the contracts provided by their partner Hashing24. The hashpowers can be directly purchased from Minergate website after registration. On the Dashboard, clients can setup the mining plan by purchasing the amount of hashpower desired. After choosing the right package, on the payment details page a unique bitcoin address is provided where the price of the contract should be transferred to. Minergate only allows bitcoin as payment method, there is no option to pay by credit card or wire transfer for the hashpower.​
  Users receive the earnings from cloud mining as soon as the block is found and added to the blockchain, the payouts are happening daily. In order to increase security, Minergate uses email confirmation for all transactions, including payouts and purchases.

  The lowest threshold for withdrawals is set to 0.01 coins for each crypocurrency, including bitcoin as well. This withdrawal threshold is high considering the bitcoin price is much higher than the rest of the coins, so in order to cash out the invested money, clients have to wait until enough money is gathered on the account from the mining. And mining 0.01 BTC in these days either require a lot of hashing power of a lot of time.

  The Google Play application lets the users monitor their mining activity on their smartphones from anywhere at anytime. Minergate offers various charts and tables to monitor the performance of the mining pool. They also have a detailed information sheet about altcoins, it’s specifications, strenghts and weaknesses that can help the clients to choose the optimal altcoin combination they this is the most profitable.