Easiest Way To Mine Electroneum ETN

A couple of hours ago the blockchain for Electroneum was released and during this time everybody was going crazy in the various Telegram groups. In these Telegram groups a lot of new people came along asking questions about how to start mining Electroneum. In this post I will try to explain the initial basics of mining Electroneum with a CPU based on my own experience these last couple of hours. Looking for AMD GPU mining? Go to: Looking for Nvidia GPU mining? Go to: Let's start!

Get Profit Trailer Here: Link for Miner: https://downloads.electroneum. Using WhatToMine you can check, how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin.

CPU Mining For most newcomers CPU mining will be the one-stop-shop when getting started with mining. CPU mining makes use of your Central Processing Unit in your pc which in most cases will be an Intel or AMD processor.

While mining with the CPU your PC will be slower because your CPU will be put to work when mining your first Electroneum coins. The team of Electroneum released their own homegrown miner which you can easily use to start mining, however, this miner seems to have some startup issues. Because of these startup issues I used Sumo Easy Miner as it's not tied to any coin and you can configure a bit more information yourself. Sumo Easy Miner for mining Electroneum with the CPU Just follow these steps in order to get mining with the Sumo Easy Miner 1.

Grab a copy of Sumo Easy Miner at: • Windows: • Mac OSX: 2. Launch the downloaded executable Walk through this process in order to install Sumo Easy Miner. Installation is completed 4. Fire up the Sumo Easy Miner and you should see something like this as your starting screen. Click 'Add Ppool' in the upper right corner. The following screen should popup. Now you can enter the pool information Hashing Algo Keep this on Cryptonight.

This is the algorithm Electroneum uses which is similar to coins like Monero. Pool name Your own descriptive name of the pool. You could name this 'electroneum'/'etn' or whatever you like. URL/Port This is the address of the pool you're going to mine on. Depending on your region you could use the following details: nl.etnpool.net With all of these pools you can use three port numbers based on CPU intensity: 3333 (for low-end CPU's), 5555 (for mid-end CPU's) and 7777 (for high-end CPU's). You can test around with these port numbers to find your right match. Enter the pool URL and port in the URL/Port field like this: nl.etnpool.net:3333 Wallet address This is the wallet address public key you generated with downloading/generating the offline wallet.

NEVER share your private spend or view key with anyone If you've not already generated a offline paper wallet: Go to to download the offline paper wallet generator or download it here: Let's format the address correctly When copying your address you probably end up getting something like this: etnk8srAoGfZ53MgCeogKF2nuLM91w S66 HvRH6KKJwChDu8vPFAdiN1fP1TAxht RZ2 AViXVaQohmWDpRRV5qZZsZ1Yisg7BWQE In this wallet address, it's important to note that there are white spaces in between the wallet address. In order to get the correct public address. You have to remove these spaces and get your wallet address like this: etnk8srAoGfZ53MgCeogKF2nuLM91w S66HvRH6KKJwChDu8vPFAdiN1fP1TAxht RZ2AViXVaQohmWDpRRV5qZZsZ1Yisg7BWQE Now you're ready to copy your public address in the Wallet address field. Password Not necessary. Now you should a configuration that looks similar to: 7. Fire up the miner When clicking 'Ok' in the Add/Edit Pool you will fire up your miner and see something like this: In this image you will also see number of threads (or cores) that the miner will use to mine coins.

In order to determine how many cores you have for your CPU you can go to the task manager on Windows (right clicking the task bar ->task manager) and going to the 'Performance' tab. Here you can determine the number of logical processors which resembles your number of threads/cores.

Ethereum Classic ETC Usb Mining. In the case of this image, I would have 8 threads at my disposal. Conclusion It's been a bumpy road these last couple of hours but things seem to get a little bit more stable for Electroneum. I hope this helps a bunch of people with their first steps in mining:) Feel free to donate anything when it's possible: etnk8srAoGfZ53MgCeogKF2nuLM91wS66HvRH6KKJwChDu8vPFAdiN1fP1TAxhtRZ2AViXVaQohmWDpRRV5qZZsZ1Yisg7BWQE Over and out, Stefan / Draiden.

Step 1: Finding the users Electroneum aims for 10s or even 100s of millions of users and has a clearly defined route to market. We have signed agreements in place giving access to over 100m smartphone users via mobile operators (the companies that provide airtime and data to your smartphone). Electroneum is also the first cryptocurrency to secure membership of the as part of our strategy to expand via this sector.

The viral appeal of Electroneum is immense. When a user downloads the Electroneum app they can experience mining their first Electroneum coins straight into their wallet in minutes. By allowing users to earn a handful of ETN coins per month for just being part of the Electroneum community, we can quickly grow Electroneum to be the largest used cryptocurrency in the world. Step 2: Allowing the users to spend their currency The key to mass adoption is to not just ensure people can access your currency. You must ensure the currency has utility.

Once users have Electroneum in their wallets they will start to want to experience spending cryptocurrency for the first time. That’s where the second benefit of our partnerships with mobile operators makes all the difference. Our partners have agreed to begin the process of accepting Electroneum as payment from their customers. We are currently in negotiation with some enormous global brands who have expressed strong interest in adding Electroneum digital payments to the list of “ways to pay”.

We already have signed agreements in place to develop Electroneum payment integration for over 1.2 million agents, dealers and distributors in over 9 countries and have many more in negotiation. As with all disruptive technology, the market’s entrepreneurial spirit will find ways to accept and use Electroneum as our numbers of users grow into the 10s of millions. By making our currency available to millions of people, and allowing those people to spend our currency, we’re poised to take cryptocurrency further than it has ever been.