One of the most important things when it comes to mining is the hash rate. It is the total number of mathematical problems you can solve within a second range.
This is why you need to use every and any device that you have to mine. You can use a desktop computer, a laptop and why not your Android smartphone?
Well to use a phone you need an app that will help you mine easily. One of the best mining apps, in this case, is the MinerGate app.
We will learn more about the MinerGate app, from the installation on your phone to the technical implications needed to help you earn passively.
FAQs on Mining on MinerGate
If you are used to mining on your PC you might wonder if mining on your Android is possible. Well, you are not alone, people seem to be asking the same questions about mining with MinerGate on Android.
Below are some of the most common questions asked by people who wish to start mining on their smartphones.
1. Can I mine cryptocurrencies using my smartphone?
If we choose to ignore the fact that mining cryptocurrencies may require huge processing power to start mining. Because of this Google and Apple prohibit mining on Android or IOS devices.
The ban was raised in 2018 and is still applicable now. Google’s recent policy clearly states that they do not allow apps that mine cryptocurrencies on such devices, they only permit apps that will remotely manage the mining of cryptocurrencies.
2. Why did Google ban mining apps?
Mining cryptocurrencies puts the devices under a lot of pressure and it also drains the battery so fast. Google has not stated the specific reasons why it banned the mining apps but we suppose these are the same reasons why they banned the mining apps. The main reason may be to protect the devices from hardware damage.
3. Why do I still see some mining apps on the Play Store?
Well as the Google developers policy states that they only allow apps that will help you manage your mining. By remotely, it only means that you can only mine on the cloud or on your computer. The apps that you may be seeing on Google play store will only help you in managing the mining and you might even use it to cash some cryptos that were made remotely on your computer. Apps like MinerGate control are the perfect example of such apps.
The cryptocurrency world is no longer only meant for the nerds with expensive hardware setups, anyone can do it flawlessly. Although some cryptocurrencies such as Bitcoin will require you to have a powerful processor others such as Monero can be mined using the CPU on your Android smartphone and also with the right app.
In this article, we will guide you into the MinerGate app and how you can use it to mine cryptocurrencies on your Android smartphone. You can install the app on your Android smartphone and use the in-built calculator to determine how much you can earn in a day using the app. You might not earn thousands to earn big amounts of money but it is a good app to earn small amounts of money if your smartphone has spare processing power.
Installing MinerGate Tool
Installing MinerGate on your Android smartphone is not a complicated task. The only thing you need is to ensure that your device is compatible. You will need an Android device that is 4.1 or above. You will also need 30 MB of space on your smartphone. You have to be careful since anyone with physical access to your Android smartphone can change your settings and eventually steal money from you. However, you can reduce this risk by encrypting your Android phone.
To proceed in installing the app on your smartphone you need to visit the Google Play store and search for the MinerGate app. Once you find it you need to click on the install button and wait as the app is installing the app on your Android smartphone.
• Creating a MinerGate Account
As the MinerGate app launches, you will be asked to start mining or to log in to your account. If you do not have a MinerGate account you can click on sign up. MinerGate will request access to your contacts. In the email field, you need to enter your email address. Next, enter a strong password and the one that you will remember easily. Ensure that you keep these details safe as they can be used to alter your mining settings.
Click on sign up and the MinerGate app will prompt you to start mining. After signing up is done you will need to key in a four-digit password that you will need every time you need to cash out or withdraw your cryptos. Ensure that enter a pin that you can remember and then re-enter to confirm it.
• Start mining
After signing up MinerGate will require that you start mining on your phone. As we mentioned earlier, some cryptos are hard to earn from your phone while others are simple to earn from your smartphone. Cryptos like Bitcoin will require some heavy processing power and some like Monero will just use your phone’s CPU.
The amount you will be making from this will be determined by the processing power on your phone and the electricity consumption rate in your country or area. On the main screen, you will see a dropdown menu that you can use to choose the crypto that you want to mine. Still, on the main menu, your device will show up your hash power and you can choose the CPU resources to allocate for you to continue mining. You can use the buttons below that are labeled low, medium, and high.
• Check the mining profitability
The MinerGate app has a powerful in-built calculator that will help you determine how much you can make while mining using your Android smartphone. While this calculator will not give into account the electricity rates in your home country you will have a rough idea of how much you can make using the app.
To get started with the calculator, click on the top left of the menu and select calculator. Now select your phone’s hash power and if you have already started with the mining you already know what ‘hash power’ is. Now select the crypto that you will use to mine and the calculator will bring to the daily, weekly, and monthly amounts you can make using the app.
• The mining community chat
This is another very important feature in the MinerGate app. With this feature, you can find other experienced miners and chat with them from all over the world. The community is so large and you can choose the language that you want to use while you chat with other miners. This can be very helpful if you want to get assistance from other experienced miners.
To access the chat feature you need to click the top left of the menu and choose chat. You can start chatting by writing a text on the hatbox on the screen. If English is not your preferred choice of language you can change the language by clicking on top of the screen and find your preferred language.
Here you ask questions and get someone that will respond to you giving you tips on what your question entails.
• Earn extra free Crypto coins
If your phone’s hash power is not able to make you millions you can use the Miergate affiliate program to earn some more coins. When you invite your friends and loved ones you can earn a percentage of whatever they earn with the MinerGate app. The percentage will be determined by the number of people that subscribe up to your invite. To begin earning the free coins you need to click the menu on the top left of your menu screen.
MinerGate app will generate a referral link that you can use to refer your friends and family. You can choose to paste it into a document or text. Better yet you can use the share button that will help you share the link to your social media accounts.
You can paste the link when texting your friends and you can earn free coins when they join using your link and mine some crypto.
• Cashing out
If you feel that you are ready to cash out the cryptos into hard cash, you can head over to the menu on the top left corner of the screen. Select dashboard and from here you can view all your earned cryptos. To withdraw your funds you will need a paper or a software wallet for your relevant cryptos.
If you have been mining different coins you can use MinerGate’s Changelly to convert into more mainstream coins like Bitcoins. If you are ready click on ‘withdraw’ and you will also need to each a threshold amount before you withdraw. If you have not reached this amount you will need to continue mining for you to withdraw your funds.
MinerGate Highlight Features
- You can use it to withdraw funds
- Use it to gain more experience from chatting with other miners.
- Check your balances
- Control and also buy cryptocurrency contacts.
- Change your language if need be
How to download the MinerGate app on the PC
You may feel that you can use the app to mine cryptos on your PC. While this is a good idea to try, you should keep in mind that MinerGate is an Android app and it is currently not available on the PC version. However, you can use an emulator to download the app on your PC. You can follow this step-by-step tutorial to download the app on your PC.
- Download and install Bluestacks on your PC from Bluestacks’s official website.
- Log in to your Google account and visit the Google Play Store on Bluestacks.
- Search for MinerGate app.
- Click install.
- Now you have the MinerGate app on your PC.
This can be more beneficial since the hash power will increase and the processing power on your PC is higher which means you can mine even more.
Minergate is a great tool to start with when you start mining on your mobile phone. It is also free to download and use on your phone. The calculator is also excellent in predicting the amount of money you can make daily, weekly, or monthly.
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