The Future Of Ethereum Classic ETC Mining

The Future Of Ethereum Classic ETC Mining

Posted on 11/14/2017by admin

Ethereum Classic is one of two separate versions of Ethereum's Blockchain, the other being Ethereum itself. The split occurred after The DAO, a decentralized autonomous organization based on Ethereum, got hacked in June 2016, and $50 million worth of its funds were stolen. Because The DAO was crowdfunded, this event has resulted in a large number of people losing their stakes. After several weeks of heated debate, the community has decided to conduct a 'hard fork' of Ethereum's Blockchain in order to 'code' the stolen money back to its owners. In order to perform the hard fork, the majority of the users had to simultaneously take all the transaction records prior to the point of the hacking, and start anew from there, while discarding all transactions which have happened after that, including the hackers'. That doesn't mean that anything has happened to the previous version of the Blockchain - on the contrary, the hardfork resulted in two versions existing simultaneously: Ethereum, which is the new one, and the old one, which was renamed Ethereum Classic.

The Future Of Ethereum Classic ETC Mining

We are currently testing our integration of additional coins to ethermine.org. In the future we are planning to routinely expand the pool to include new Ethereum based coins. As a first step we have integrated Ethereum Classic as it is the most profitable Ethereum based coin at the moment.

Its currency, classic ether (ETC) has garnered a spot among the top altcoins by market cap, some big names in the cryptocurrency space endorsed the project and more developers are joining the project. To make it official, Ethereum Classic declared its independence from the former Ethereum project and the Ethereum Foundation last week. Here is the Difference between Ethereum and Ethereum classic. Here is the Difference between Ethereum and Ethereum. In the market for ETH and ETC mining. Can You Actually Make Money From Bitcoin Gold BTG Mining on this page. Hi dear blog readers, in this article I just want to share my experience with ETC (Ethereum Classic) Cloud-Mining by future24. Now Im earning about 0.187 ETC a day with it and I think this is very profitable, even if it depends on the future price developement of ETC of course. Especially if you are new to the crypto-space. Is Ethereum Classic (ETC). The Ethereum hard fork, ethereum classic mining pools were. Contracts and DApps playing a big role in the future of business and. Ethereum-Classic (ETC) pool. Developer fee is 1% for Ethereum-only mining mode and 2% for dual mining. So that mining pool hub can find your username by wallet.

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