Minergate Report #18-The return

in #cryptocurrency7 years ago (edited)

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Introduction
Hello and welcome back to my Minergate Report series. It has been awhile since I had posted this series but with the semester for college coming to an end. I will be having more free time on my hands. I also want to thank all my followers that have been supporting my posts I appreciate it. Will be trying to make this daily once again as well as do some posts about cloud mining sites, possibly crytpo news, and have more giveaways. But with that all being said lets get into the Mining Report.

Mining Report
In this screenshot (https://gyazo.com/dd566e5870fb27924b30ae6a0530d007) I did go almost double the goal that I had set with the shares being mined of 7000. I will be mining Monero but I might be switching over to bytecoin as I have almost mined 1 full coin and would like to be able to withdraw that and cash it in if possible.

Question of the Post
Would you like to see me mine another coin other than Monero?

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Please leave any feedback as I strive to better my work and if you would like to help me out please use my referral links for crytocurrencies services. Its free and it helps out both you and me.

https://www.coinbase.com/join/5a2168be504644011ecb03ea Exchange
http://www.minerfarm.com/login?r=19878#toregister Cloud mining
http://moondash.co.in/?ref=C21223856B73 Faucet
http://moondoge.co.in/?ref=e734b41ff599 Faucet
http://moonbit.co.in/?ref=fc2cb5fd23ca Faucet
http://bonusbitcoin.co/?ref=B7E980819034 Faucet
https://www.eobot.com/user/1674070 Cloud mining + faucet
https://freebitco.in/?r=10387771 Faucet
http://moonb.ch/?ref=EBC00B55EE42 Faucet
https://btcmines.club/ref/5576 Cloud mining + faucet
https://www.binance.com/?ref=26338658 Exchange
https://www.mannabase.com/?ref=ddb96b91cc Welfare of cryptocurrency (gives you free cryptocurrency every week for free)

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Hey, I know a friend is using Minergate, too.
Is monero more profitable than Bitcoin?

I'm cloudmining too, but these days it's very hard, so I've focussed on mining ICOs, where you buy tokens instead of buying a contract. So this income is lifetime (so long mining is profitable and you hold these tokens). Holding these tokens means profits receiving from mining. If you dont want to participate in this mining, you can sell these tokens like normal coins, because they have a value like Bitcoin or Ethereum. I've written some reviews of interesting mining ICOs, if you are interested.

And nice to see, you are using Mannabase too like me :)

Well Marco it depends on the mining setup. I am currently using only cpu for my mining. Bitcoin has a high share mining difficulty due to the number of miners mining it. Whereas Monero had a recent fork that had made bitmain Monero miners obsolete. Lowering the mining share difficulty significantly making it more profitable for lower tier miners. Regarding ICOs their has been alot of scams regarding ICOs so I am staying away from them as much as possible. And I will give your posts a look at :)