Is it not exciting enough that while you do your daily chores and activities, you do not have to worry about the financial variables? All you have to do is to download an application, mine your cryptocurrency and you are good to go.

Making money is no more a task of the big-shot, rather it is as easy as eating ice creams after you learn about the few simple steps that could be done on your smartphone.

It is like a revolution in disguise. Master the art of using the best android applications available in the market and mining some cryptocurrency would be at the snap of your finger. Lot of people around the world are trying these simple steps, it is your turn now to break the deal. So, without any adieu let us get started.

About MinerGate Mobile Miner

In this article, we will be discussing about one of the best known mining apps named Miner Gate. It is an easy and user-friendly application for your smartphone working on Android. To run this application you need nothing but only a smartphone with approximately 30 MB space and Android Jellybean.

However, you should always encrypt your smartphone device, as it is very easy for a person who has an access to your phone, to steal and change the cryptocurrency setting on your application. Here is the step-by-step process to mine your cryptocurrency on the smartphone you possess.

It takes a powerful phone a long time to earn anything. Run it for fun, not to get rich!

1 Start up with the installation process

Open the Google Play Store on your phone and type MinerGate in the search bar. As you get the icon in front of you, press the download button and wait patiently so that the application is installed in your smartphone device without any problem.

After the installation, simply launch the application to use it.

2 Sign up to begin

Many applications needs a sign-up to start with its proceedings. MinerGate will show you two options to begin with.

One would say start mining and another would ask you to sign in. if you are a first time user of this account then you must login first to create an account on the application providing information like an email address. Later, set a very strong password for if the phone is in access of anyone, you can face losses in terms of misleading and theft.

At the end of this process, MinerGate will ask you to create a pin for yourself, like the same way we have for our bank cards. This pin will assure all your future transitions and transfers in the form of fund. It shall also make the money you send or earn safe.

3 Start with the process of mining

You can now straight away start with the process of mining after the main page has opened in the application. In this process, money making will depend on a few process. Some of them to mention are the processing on the Android device you are using and even the cost of electricity in your country.

Mining is not an easy process, though, it is true that we have a lot of cryptocurrencies, which could be mined with a little of effort like Monero. We also have cryptocurrencies like Bitcoins and Litecoins, which will need quite lot of effort to get to the stage of mining, and powerful equipment’as well.

On your phone you can see a dropdown menu, drop it and choose the currency, you want to opt for, choose the amount of CPU resources and you are good to go.

Other big benefits of MinerGate Mining app

Know the stats of profitability

Profit is the only thing for which each one of us work day and night, it is the case with cryptocurrency as well, people invest a lot of many and they have to look for a good amount of profit.

To see this you have to start by selecting the menu button on the top left and the calculator will appear in this case. This calculator could help one know about how much and how to invest so that you can lead to most profitable results and do not face the hell of loss. The calculator is like a predictor, it will predict all about the monthly and weekly profits, making your research task easier.

Another cool feature - Mining Chat

This Application other than just mining the cryptocurrencies also features some cool features that could turn out to be very useful and profitable. Mining chat is one such feature, which makes this application stand out from many of its counterparts.

You can get in touch with some big investors and people who have an experience in this field from a longer time and it might be a case that they can help you in the best way possible, only with the help of a chat.

To start chatting you have to open menu and choose chat, you are good to go making contacts with people who are mining, and sharing the cryptocurrency you have opted for. You also have an option of switching languages that will make your task easier.

Time to earn some free coins, tokens and cash

If the android smartphone you are using does not have an apt amount of hash power, then what you can do is to get your friends and family sign up to MinerGate’s affiliate programme. This is sure to get you a certain percent of coins whenever they plan to mine the cryptocurrency.

The steps to be followed to do it would be:

Go to the menu bar at the top corner of the page and then select free coins. The MinerGate app will then generate a referral link for you, you can copy this link from the same position and then send it via chat or email to the person you are asking to sign in.

The percentage of profit will be decided according to how many people will use your referral code and work on the same to mine the cryptocurrency.

How to cash out what you have mined

If you are ready now to turn up your cryptocurrency that you have mined into hard cash then you have to do certain steps before you get hold of them. Get to the menu button again on the app and then choose the Dashboard option. View your actual balance of all the cryptocurrency you have mined.

To withdraw all the money in hard cash what you will have to do is to have a paper or a software wallet for the same. If you have been mining various kinds of cryptocurrency and coins, the MinerGate’s Changelly service can be of good help to you. You can change your unknown currency to the high graded BTC or ETH.

Click on the withdrawal tab, when you have planned to get it converted and then select the currency from the menu dropdown.

Cloud mining on your android device

This is quite a feature that people have been wanting since a long time and MinerGate as one of the leading applications in the field that helps us to get to do this and make the procedure more easy and sound in its worth.

You need a powerful hardware system if you are planning to mine the currency on Cloud storage. There are various companies out there in the market, which rent out Hash Power. This will be of great help for you to have them without a lot of expense to look up to.

The Miner Gate application that is available on the app store, free allows you to start the procedure of cloud mining via the data centre. For now, only Bitcoins and Monero are the currency that are in support of the system.

To get to this procedure we have to go select of the two that are either BTC or XMR from the dropdown menu, which is on the main page. Then select the term which says ‘buy cloud mining’. Then you can use the slider to pick up the amount of hash power you want to rent, and then select buy using ‘XMR’ and you are good to go for further procedures.

Though this is one of the most famous and relied on application for mining in the market, more such features and applications could be of great use to you, if you are a full time or part time miner of the cryptocurrency and have good amount of knowledge related to the same.

If the above-described MinerGate is the application that is easy for you, you have all the simplified guidelines in this article, which could be of quite some help when you are up for the procedure of mining the next time.

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Author bio: Anoop Nain is a Marketing Manager at Enuke Software. He spends most of his time researching the mobile app development and technology trends like blockchain, Laravel etc. He focuses on actionable and unique ideas that can be used to grow company business and make a real difference for customers.