01-07-2018, 10:53 AM
Not sure you are saying that transactions on the Ethereum blockchain to go from exchange to wallet are expensive. I havent transferred in the last couple of months, but the last time I did it, it cost me about $0.08 in txn fee. However, the value of ETH has gone up a lot, so that might get translated to higher costs now, since you have to pay in native crypto...this is what happened with the Bitcoin blockchain in the last month or so.
Havent heard of MinerGate..will check it out. Most of the other ones are easy to set up to. Just sign up, buy the hashpower and pay with credit card. Yes, you buy the hashpower directly from the provider. With Genesis, the selling point is that their operations are based in Iceland where electricty is extremely cheap. I think Hashflare is based in Estonia -- not sure what their costs are...will need to compare and contrast.
Havent heard of MinerGate..will check it out. Most of the other ones are easy to set up to. Just sign up, buy the hashpower and pay with credit card. Yes, you buy the hashpower directly from the provider. With Genesis, the selling point is that their operations are based in Iceland where electricty is extremely cheap. I think Hashflare is based in Estonia -- not sure what their costs are...will need to compare and contrast.