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MinerGate.com Review - Mixed Emotions

2/3/2018 6:44:00 AM -- Ted Krapf

<p>During the 2017 Q3 Crypto-boom, I finally decided to look into cryptomining.&nbsp; I understood it at a very high level, but had never gone past understanding it conceptually.&nbsp; As with any good project, I first started with research.&nbsp; I wanted to know things such as:</p> <ul> <li>Is it worth it?</li> <li>What kind of hardware do I ideally need?</li> <li>What hardware can I get away with to get my feet wet?</li> <li>What coins can be mined, which cannot?</li> <li>What is a mining pool exactly?</li> <li>Who is trustworthy?</li> <li>How/where do you securely store coins that you've earned in your mining efforts?</li> <li>What are the tax implications?</li> </ul> <p>And this was just scratching the surface.&nbsp; I quickly found the more I read about cryptocurrency mining, 1.) I wanted to know more, and 2.) it seemed like a bottomless pit of information and some conflicting opinions. As with any online reviews and public opinions, it took a while to understand the reasons some people were complaining so much about this group being thieves or this site being crooked.&nbsp; While there ARE certainly bad players in the space, I found a lot of the loudest complainers hadn't taken the time to research, learn and understand what they were doing or getting themselves into.&nbsp; To that end, I'd like to share some knowledge nuggets that I've picked up in the last four months.<br /> <br /> Absolutely NONE of which follows should be considered financial or business advice.&nbsp; Cryptocurrency is still in a wild west kind of space with limited regulations.&nbsp; I've come to find that there currently is no "investing in coins", this is 99% speculation and a rollercoaster to boot.&nbsp; In</p> <p><br /> </p> <p><br /> </p> <ul> <li></li> </ul>

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