New Ethereum Classic ETC Miner

I've done some more reading and apparently Etherem Classic (ETC, not ETHC) was created a short time before Poloniex made it available before trading. Verge XVG Mining Software Review. Upon it's inception, miners instantly attacked it and made it so there was little to no security and transaction verification, to the point where it was about to fail entirely (I am not a miner and do not know the technical details of this). Then, Poloniex decided to release it as an exchange option out of the blue this morning, causing the price to crash and the volume of transactions to spike. From what I have heard, mining difficulty is 3% of Ethereum, causing some miners to flock to the new spinoff. The new spinoff has also caused a decline in price of Ethereum today. As for the existing balance, that is only if you had ETH on your Poloniex account at the moment of the fork, not just ETH in any wallet.

That is all I know so far. If anyone else has relevant information please feel free to share as that is the intended purpose of this thread. Two questions: 1. I am using HashFlare to 'mine' some ETH. Is there another company where we can purchase mining for ETC?

With the current high exchange rate of Ethereum Classic (ETC) it is proving to be more profitable to mine and sell immediately when compared to the original Ethereum (ETH), so many people are already moving their mining rigs to ETC. Below you can find a helpful list of mining pools that already support mining of. To mine Ethereum Classic you need a GPU, 4+GB RAM, Ethereum Classic account and GPU miner. The GPU must have at least 4GB. Algorithm: DaggerHashimoto Stratum hostname or IP: etc-eu1.nanopool.org (or any other pool's server) Port: 19999 Username: YOUR_WALLET. Geth account new; Enter a password. Synology LBRY Credits LBC Miner.

I have downloaded the ETC wallet and it is syncing now. But is there a ETC wallet that I do not have to have on my computer such as the one for ETH? If so, where can I find it download and can I move the address I have on my PC version to this new wallet? I am new to crypto and a friend said I should check into ETC since ETH on HashFlare looks like it will never ROI for me.

Let’s get started to mine some Ethereum Classic (ETC) 1 Create an account with Kraken.com if you don’t have one • go to “ Funding“ • on menu from left side click on “ Ether Classic (ETC)“ • click “ Generate New Address” and wait few seconds, if nothing happens just refresh the page.