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MinerGate GUI Miner – Step by Step Walkthrough | 2018

Minergate GUI Miner Walkthrough | 2018

Minergate offers probably the quickest and most user friendly option for mining various Altcoins. MinerGate has designed a GUI miner that gets you started mining in four easy steps!

  1. Sign up

  2. Download the GUI Miner for your OS

  3. Open the GUI and Login

  4. Pick a coin and start mining

Let’s get started by going to http://www.minergate.com

Select the Sign up button in the upper right hand corner (see screen shot below.)

  • You will need to provide an email address which will act as your username/wallet address while your coin is in MinerGate and create a strong password.

Once you have successfully signed up for a MinerGate profile.

Select the Downloads button located in the middle of the menu bar found along the top of the MinerGate website (see screen shot below.)

Once in the Downloads section MinerGate will recommend the GUI miner that fits your device (see screen shot below.)

If MinerGate does not automatically give you the proper download GUI you can manually choose the one that fits your needs at the bottom of this page.

Please note currently MinerGate GUI is available for Mac(osx), Windows, Ubuntum, and Fedora (see screen shot below)

Once you have download the proper GUI Miner, run and install and open the program on your device.

When the GUI Mining software opens it will only ask you for the email address to login and start mining! MinerGate does all the heavy lifting for you automatically configuring each Altcoin pool attached to your email address. All you’ll have to do now is select a coin to mine! (see screen shot below.) Please note that that CPU mining is available for all devices but GPU may be limited based on your device capabilities.

 

 

Do you have any questions or advice about MinerGate?

Please comment bellow!

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Bitcoin

Bitcoin Price Hits 8-Month High Close to $7K

There seems to be no stopping the bitcoin (BTC) freight train.

The leading cryptocurrency by market value jumped to $6,964 at 06:00 UTC today on Bitstamp, the highest level since Sept. 5, 2018, having found acceptance above the crucial 200-week moving average at $6,500 in early Asian trading hours.

Prices have set a new multi-month high for the fourth straight day and have rallied in excess of over 70 percent in the last 5.5-weeks.

Notably, with the sharp rally, the 100-day MA of bitcoin’s price has moved above the 200-day MA. That is the first bullish crossover between the two averages since July 2015.

The development further confirms the long-term bearish-to-bullish trend change signaled by several technical indicators, including a golden crossover, over the last few weeks.

The moving average studies, however, are lagging indicators and have limited predictive abilities, as they take old price history into account.

Even so, investors may take heart as a similar crossover in July 2015 was followed by a 2.5-year bull run.

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Binance

Binance got hacked for $40 Million Dollars in Bitcoin, is your money safe?

The short answer is Yes, your money is safe.
Fortunately, Binance was prepared and your money is safe in due to SAFU. Meaning the ‘Secure Asset Fund for Users’ will cover this completely. This is the very reason Binance is self-insured.

Technically speaking the Binance exchange itself was not hacked, it has officially been stated by Binance that a large number of API Keys, 2FA Codes, and other user info was acquired by said hackers utilizing techniques such as phishing, viruses and other types of digital attacks. This means that it was user accounts that were compromised by the users themselves and not Binance.

In an age where digital security is more important than ever, this is a stark reminder to keep your data safe and secure at all times.

TLDR About the Binance Hack:

• 7000 BTC was stolen
• The BTC was stolen from Binance’s Hot Wallet
• Binance’s Hot Wallet holds only 2% of their total holdings
• All funds are insured and do not affect users

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Bitcoin

Why Is Bitcoin Not Taking Off In 2019?

PEAK BITCOIN

As you are likely referring to the price, Bitcoin is quite frankly doing what it has always done, as in go through a cycle. Right now it appears to be in the accumulation phase before it starts to climb and then vault higher than it was before.

If you take a look at this Bitcoin chart and go back to what happened in the run up to late 2013, it extremely similar to 2017, and then what happened directly after in 2014, 2015 and 2018, 2019 is quite similar.

 

We can see from the chart that there was a prior accumulation phase happening throughout 2015 and 2016 after the drop in 2014 subsequent to the spike in 2013. But this is dwarfed by the spike that happened in late 2017.

The other point to note is that Bitcoin is not unique when it comes to this cycle, it has happened before in many different markets. It’s just that Bitcoin is a new technology phenomenon that is following a very similar path. Of course we can never be certain as to how long the current phase will last, but when it’s done I suspect a lot of people will look back once again and wish they had accumulated during this phase.

Finally, whether it still has further to drop or not won’t really have any substantive bearing on the ultimate long term trajectory in our honest opinion.

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