|Pro and Contra
Transparent pricing structure
Over 14 different altcoins are available in their mining pool
Withdrawals are available from 0.01 coins only
Only bitcoin cloud mining is available
Minergate Cloud Mining Pool has been created by a group of cryptocurrency enthusiasts. They have started with bitcoin mining but soon expanded the pool for multiple altcoins. It is the first pool which provides service for merged mining. This means that while mining on MinerGate pool you can mine different coins simultaniously without decrease of hashrate for major coin
Minergate is not listing it’s owners and founders on their platform and the company’s location is unknown as well. Minergate CEO, Claude Lecomte is frequently appearing on cryptocurrency sites to share his view on bitcoin, altcoins and blockchain technology. However apart from crypto blogs, Lecomte’s professional background is not on the internet. Therefore it is not known who owns or who are running the company.
The hashpower for bitcoin cloud mining is provided by Hashing24 company. Hashing24 is a Scotland based cloud mining service provided which is using ASIC miner chips from the newest series to keep mining profitable. Their mining farm is located in Iceland and Georgia. They are using air and immersion cooling technology in order to keep costs at a low level.