Ok thank you all for you insight in these two companies and now know the legitimacy of both sites.
I will not be investing in to cloudmining with the difficulty in mining now a days and the fees these companies charge to withdraw doesn't justify the cost of owning any hash power through them in the long run of the contracts they sell
Closing thread now.
Topic: Whats the difference between these two sites -Very similar in names: Mine(r)gate (Read 504 times)
April 14, 2017, 09:07:55 PM
April 14, 2017, 04:29:23 PM
Don't use their cloud mining if you are worried about getting scammed but minergate is a pool they also have a miner program which allows you to mine several altcoins.
You could try them out and if were not satisfied you could easily move on. I can't say anything about minegate because haven't tried them but it seems rather unprofessional to choose a name so close to an already existing service.
You could even mine from your browser and smart phone with MinerGate.
You could try them out and if were not satisfied you could easily move on. I can't say anything about minegate because haven't tried them but it seems rather unprofessional to choose a name so close to an already existing service.
You could even mine from your browser and smart phone with MinerGate.
April 14, 2017, 03:07:56 PM
Second one is created by someone who wants to scam people with similar name of Minergate. But wait, Minergate is good software and pool for mining but their cloud mining service makes some doubts since I read somewhere that they have contact with hashing 24 which is scam. Don't know if this information is truth but offering cloud mining especially nowdays isn't good choise.
April 14, 2017, 10:44:08 AM
I wouldnt trust any of those 'cloud mining'. At 90%+ 'Cloud mining' sites are just the front face of ponzi schemes and stops paying after a month or two. There was some legit ones, but this was 2-3 years ago when the difficult was a lot lower.
April 14, 2017, 09:15:49 AM
-snip-
I have used minergate. It is also a pool and I have mined a lot of altcoins way back in 2015-16 with my GPU mining power.Unfortunately some of my coins are still in unconfirmed position even till now.
I haven't used the other one since I am against such service and will recommend others not to use it as well.
April 14, 2017, 04:18:05 AM
I don't trust any cloud mining contracts even if it is brought by legit company because this contracts are not profitable. Same goes for above... 
This is purely scam no doubt and their claim about Return of 100% investment within 120 days confirms this.
This is purely scam no doubt and their claim about Return of 100% investment within 120 days confirms this.
Cloud mining is old stuff dont invest in neither of them.
Returning fund like mentioned is scam for sure if they dont have any tread here with good backup story all are scams so be careful.
April 14, 2017, 01:05:57 AM
The first one is similar to Nicehash. You can use their software to mine. About cloud mining, well, ATM, I really do not see how can anyone make money on that.
April 13, 2017, 03:39:55 PM
Neither, and I don't think it's unlikely that the similarity in name is just a coincidence. Hundreds of these "cloud mining" sites pop up every month, if not thousands.
April 13, 2017, 03:14:16 PM
I don't trust any cloud mining contracts even if it is brought by legit company because this contracts are not profitable. Same goes for above...
This is purely scam no doubt and their claim about Return of 100% investment within 120 days confirms this.
This is purely scam no doubt and their claim about Return of 100% investment within 120 days confirms this.
April 13, 2017, 09:48:20 AM
I look at these two site. Now I know one is legitimate mining pool but the other I saw just has a similar namt o take advantage of the popularity of the name when someone has just mistyped it in their web searches with out the 'r'.
https://minergate.com/internal/hashpower
https://www.minegate.org/
Which one do you think is the legitimate one?
https://minergate.com/internal/hashpower
https://www.minegate.org/
Which one do you think is the legitimate one?
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