![]() ![]() When a transaction enters the blockchain, information about the sender, receiver and amount is encrypted. It allows you to confirm the transaction without revealing its details. Simply put, zk-SNARKs is a technology based on “zero-knowledge proof”. That is, the first halving is planned for 2020.Īs for the zk-SNARKS technology, its name stands for zero-knowledge Succinct Non-interactive Arguments of Knowledge. ![]() Currently, the remuneration is 10 ZEC and will be halved every four years, starting in 2016. Blocks of 2 MB in size are created every 2.5 minutes, which is four times faster than this process with Bitcoin. The blockchain works according to the Proof-of-Work protocol. If you have a high-end GPU like NVIDIA 3070 ti or 1660 super graphic card or any other good graphic card then you can earn a good amount of money from mining.The work of the Zcash cryptocurrency is built on confidentiality, and its network is based on zk-SNARKs technology, which displays the minimum amount of user data when entering information into the blockchain.įor Zcash mining, the Equihash cryptocurrency algorithm is used. NOTE:Mining speed totally depends on your GPU. You can check your wallet or minergate dashboard for full details and logs and you can easily withdraw your earned money. I am going to select the Monero cryptocurrency Step 4)After Login Into The MinerGate. Select The cryptocurrency which you want to mine. Step 3) Now open the GUI MinerGate application and create your new account and log in with them. Step 2) After download, Now Install MinerGate Package In our Ubuntu System. ![]() So I will show you all the steps in Ubuntu operating system. Step 1) First Download MinerGate on your system, Minergate comes with two versions one is GUI and Another one is the console version and it supports Windows, Ubuntu, and Mac system. How to Mine Cryptocurrency Using MinerGate and In this tutorial, we will see how to start mining on your CPU using MinerGate. It also allows users to build without investing in hardware by using their home CPU and GPU. Minergate is based on the Cryptonote protocol and allows its customers to mine various coins such as Bitcoin, Gold, Zcash, Ethereum, Ethereum Classic, Monero, and Grin. It allows you to mine cryptocurrencies such as Ethereum, Monero, and more on your PC or laptop. Minergate is a cryptocurrency mining pool where people can use their computers to give hashing power to hundreds or thousands of other miners. and today In this blog I will give you a complete guide on how to mine cryptocurrency using MinerGate. and most people are now days are interested in mining Ethereum because right now it's profitable. Write Now Ethereum is the largest cryptocurrency in terms of market capitalization and the most profitable cryptocurrency in terms of performance, can only be promoted by joining an Ethereum mining pool such as Mining ETH. And for earning a good amount of money you need a lot of Good amounts of Graphic cards. The cryptographic equations require a lot of computing power to solve. Mining is the process of creating or earning a new coin by solving complex mathematical cryptographic equations to get coins as a reward. Most people are familiar with the mining term but if you don't know about mining don't worry I will explain you In brief. But today we will talk about how to generate or earn crypto coins using mining. Nowadays everyone is talking about cryptocurrency and many people are buying or trading In cryptocurrency. ![]()
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