MinerGate Crypto Mining Pool Platform Becomes An EOS Block Producer Candidate
Mining Pool Platform, MinerGate, Becomes An EOS Block Producer Candidate
Today, cryptocurrency mining has become a huge business and if you do not have the funds to invest in new mining hardware, it may be challenging to mine crypto in your area.
MinerGate has been in the industry since March 2014 and currently has a registered user base of more than 3,500,000 miners. MinerGate introduced to the world the concept of public mining pool for cryptocurrencies such as Bitcoin, Zcash, Ethereum, and Bytecoin, to mention a few. This makes them ultimate candidates for an EOS block producer.
The Minergate platform provides the EOS community with an opportunity to mine cryptocurrencies profitably. It also offers the users with expert solutions in building sustainable servers. The EOS community will also benefit from accountable decision-making skills and a lead in the right direction in the world of crypto.
This is a blockchain platform that is powered by one of the most popular cryptocurrencies, the EOS token. It has similar elements that are present in an actual computer. Some of the features include CPU, GPU, and RAM memory.
It works as a smart contract platform as well as a decentralized operating system for deploying decentralized applications.
During the announcement for its candidacy, the MinerGate team expressed their confidence in EOS. They stated that the project will enhance efficiency which will, in turn, lead to a whole new level of scalability.
“EOS got our attention with its democratic framework replete with a DPoS consensus algorithm, voting system, and high level of community autonomy. And when we saw the roadmap laid out for these ideas to flourish in, EOS got our trust”.
Since its inception, MinerGate has gone through several steady changes. During this time, they have also experienced a boost in their user statistics. MinerGate has profited from an increase in the number of active users on the platform in addition to new daily signups.
Furthermore, the platform is very simple and is ideal for anyone who wants to mine cryptocurrencies on a budget. It doesn’t require any fees upfront since you only pay for the coins you mine.
MinerGate pool also focuses on the privacy and security of the services provided. In order to maintain these features, the development team at MinerGate went on to create radical solutions which can be executed within the EOS network. Alternatively, these solutions could be used in the development of advanced security technologies.
Owing to the above positive attributes, MinerGate believes it can offer EOS a positive experience and constructive expertise in the creation of high-capacity server solutions.
The mining platform is always at the forefront of keeping up with new technologies in the market. It is quick to offer new products and implement modern innovations.
MinerGate has been a strong force in the mining field and has managed to invent a number of great mining resolutions in the sector like MinerGate xFast Miner.
With its profound support to the EOS community and the pools friendly features, MinerGate indeed makes an appropriate nominee for EOS block producer.