https://minergate.com/ is beside an app to mining digital currencies that for the vast majority can't be converted to any other currency, it will trigger an alert from an antivirus app as a high security risk.
I have tried to test the smartphone digital currency mining app with 4 mobile phone simultaneously and my laptop for a period of a month. I have only been able to make a withdrawal once, it was short after the app was launched, I had mined a very small amount of various currencies. I have after more than a year not been able to get the amount required for withdrawal and only mining the 3 currencies that I believed I could exchange when I had reached the minimum amount for a withdrawal. This turned out to be near impossible considering the amount of devices I used with a high speed cable connection.
The worst problem is that they offer Dashcoin mining, logo looks a bit like the real one but there is small difference in design, the indicators of that it is an attempt to waste time and bandwidth on a copy of the name Dash coin are the non existing possibility of exchanging to an other currency. The difference that is the most provoking is in the name, Dashcoin differs from Dash coin in the abbreviations of the currencies, DSH and DASH, the contraction of the name into a single word Dashcoin, instead of the name and then coin as separate words Dash coin.
They have been offering cloud mining at the peak of the price of Bitcoin, Ether, BitcoinGold and other popular currencies. I have not seen any contracts sold out yet, there seems to be no limit to the amount of mining that is offered. They are expensive compared to other companies, they must have a huge mining farm to be able to keep selling contracts, invested a huge amount of money on mining equipment. I have doubts about the value of the contracts and the risk of investing in a company that has the problems mentioned above.
Bitcoin contracts on Genesis CloudMining were sold out under 24 and 12 hours the 2 times they were for sale again this year before summer. Other contracts on other currencies that are for 2 years mining with a negative return have been sold out faster than ever before.
The launching of the high speed miners from Bitmain this summer with a possible potential high return for the first time for a private person and not a mining farm, were sold out under 24 hours for miners that would be delivered nearly 3 months after the purchase.
The demand is extremely higher than the supply that exists, if the amount of contracts are beyond what should be possible it is most likely to good to be true.
I have tried to test the smartphone digital currency mining app with 4 mobile phone simultaneously and my laptop for a period of a month. I have only been able to make a withdrawal once, it was short after the app was launched, I had mined a very small amount of various currencies. I have after more than a year not been able to get the amount required for withdrawal and only mining the 3 currencies that I believed I could exchange when I had reached the minimum amount for a withdrawal. This turned out to be near impossible considering the amount of devices I used with a high speed cable connection.
The worst problem is that they offer Dashcoin mining, logo looks a bit like the real one but there is small difference in design, the indicators of that it is an attempt to waste time and bandwidth on a copy of the name Dash coin are the non existing possibility of exchanging to an other currency. The difference that is the most provoking is in the name, Dashcoin differs from Dash coin in the abbreviations of the currencies, DSH and DASH, the contraction of the name into a single word Dashcoin, instead of the name and then coin as separate words Dash coin.
They have been offering cloud mining at the peak of the price of Bitcoin, Ether, BitcoinGold and other popular currencies. I have not seen any contracts sold out yet, there seems to be no limit to the amount of mining that is offered. They are expensive compared to other companies, they must have a huge mining farm to be able to keep selling contracts, invested a huge amount of money on mining equipment. I have doubts about the value of the contracts and the risk of investing in a company that has the problems mentioned above.
Bitcoin contracts on Genesis CloudMining were sold out under 24 and 12 hours the 2 times they were for sale again this year before summer. Other contracts on other currencies that are for 2 years mining with a negative return have been sold out faster than ever before.
The launching of the high speed miners from Bitmain this summer with a possible potential high return for the first time for a private person and not a mining farm, were sold out under 24 hours for miners that would be delivered nearly 3 months after the purchase.
The demand is extremely higher than the supply that exists, if the amount of contracts are beyond what should be possible it is most likely to good to be true.
