Minergate Report#16 -Monero's Hard Fork + Minergate's Update
Introduction
Hello and welcome to my Minergate Report series. It has been a few weeks since the last one of these due to me having to update the program to version 8.1 as well as life getting into the way of things. As well as news of Bitmain's Monero miners causing the share difficult to rise and ultimately leading to Monero's Hard Fork of the coin. I have begun the process of mining the new fork as much as possible. I will be going a bit more in detail with Monero's hard fork and what it means for Minergate as well as show how my mining has been going. With that all being said lets see how I did.
Monero's Hard Fork
In this screenshot (https://gyazo.com/a0a0bee82c030087895144bf0d5475c6) the XMO coin is the hard fork and can be mined via Minergate. It still gives the option to mine via the coin before the fork as well as the reward method is PPLNS(Pay Per Last N Shares) whereas the last coin was PPS (Pay Per Share.) Meaning we will earn more mining the new fork than the previous coin.
Mining Report
In this screenshot (https://gyazo.com/2cf5d8d738e5d4337ff8c2345ec3b2f6) I am just a little under 1000 shares mined at the 0.000004360380 amount of XMO coin. I have also stopped mining Fantomcoin as I have focused my efforts into the mining of Monero's Hard Fork XMO.
Goal of the week
As of right now, instead of aiming for an amount I will be aiming for 7000 shares to have been mined 1 week from today on 4/13.
Question of the Post
Is Bitmain bad for cryptocurreny? Why or Why not?
Please leave any positive/negative feedback as I strive to better my work.
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oh okay thanks
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Windows 10 kept saying there was a virus and would not install the update for me.