How Long To Mine A Electroneum ETN
How Electroneum Coins Enter Circulation The Electroneum mining community consist of a network of decentralized computers all over the world that check transactions and keep record of account balances. This requires a lot of computational effort in the form of CPU power, so miners receive Electroneum coins as a reward for their efforts. Here’s how coins enter the system: • A miner groups a few thousand transactions into one block and starts to solve a mathematical puzzle linked to that block. • When he finds a solution, he tells the rest of the mining network and his transaction block is added as the newest block in the blockchain. • New Electroneum coins are created out of thin air and credited to the miner’s account.
The current reward for “mining” one block of transactions is not yet known. We will probably know that as soon as the blockchain launches on 1 November.
However, given that Bitcoin (with a total supply of 21 Million coins) had an initial reward of 50 BTC per block, I’m speculating the Electroneum miners could receive 50,000 ETN initially. The reward for mining one block halves every few years – programmatically. And if some miner tries to claim more coins than the block reward at the time, their block will be rejected by the rest of the mining network. So this halving every few years makes the block reward less and less. 21 Billion is like an asymptomatic value, meaning that the total number of coins will never actually reach that number, but will come ever closer and closer to it as the years go. Later, in about 100 years, it will come within decimals of that value but never actually reach it.
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At that point, it will become inefficient to mine for such a small reward, and the mining community will instead make money through fees pledges by users. But then the miner’s reward will come from existing coins rather than new coins being created. Asic PACcoin PAC Miner. Conclusion So there you have it, there will only ever be 21 Billions ETN coins. Of that number, around 4.4 Billion are already in existence and the rest will enter circulation as block rewards for miners. The mobile miner is not available yet.
So the software you are using are probably third party mobile mining software, which perform mining the conventional way, and not like the simulated mining experience we’ll see in the official mining app. Have you specified a public wallet address where you get paid the coins that your iPhone mines? Also, phones are quite slow when compared to CPUs and GPUs, so you won’t see much profit. Less than 1 ETN a day if your phone is doing nothing but mining.
• Antony Farrell says. Yes, you are mining 1 full block by yourself.
But I’m not advising that. The difficulty has increased so much that you’ll need to leave your computer running for several months to mine one block by yourself.
If you do, you’ll get rewarded with about 7,500 ETN. But it’s still a very long time. If you do decide to do it, you can turn off your computer at any time. Your computer is not mining one single block the whole time, but rather trying to solve the current block. When there’s a new block available, all the miners shifts to solve that one. Whoever finds the solution first, wins.
So it’s just probability that dictates how often your computer will be able to mine one block.
Bahasa Indonesia • Buka website ETN (Electroneum) • Login dengan akun anda (saya hanya menggunakan akun palsu) • Klik 'Offline Paper Wallet' • Klik 'LET'S GET STARTED'. • Geser-geser mouse anda di layar hingga selesai 100%. • Klik 'SAVE WALLET AS PDF'.
• Buka tab baru lalu ketik ' asiapool.electroneum.com' kemudian enter • Klik 'Downloads' untuk mendownload software mining ETN. • Klik 'Download Windows Miner', setelah download, install hingga selesai.
• Buka Wallet ETN yang anda download tadi. • Buka software mining ETN nya. • Copy wallet nya yang ada di 'Public Wallet', copy + paste semuanya, jika ada spasi maka hilangkan spasi nya. • Pilih 'Pool Region'.
• 'Mining Port dan /#of Thread pilih sesuai dengan kemampuan laptop anda, bisa di coba satu per satu. • Klik 'Start Mining' untuk memulai mining/menambang ETN. • Untuk melihat hasil mining, kunjungi 'asiapool.electroneum.com (jika pada Pool Region anda pilih Asia) bisa juga kita memambang di Pool lain, jika anda pilih Pool Europe, maka untuk melihat hasil nya kunjung 'eupool.electroneum.com' dan jika anda pilih US maka untuk melihat hasil nya kunjungi 'uspool.electroneum.com. Asiapool.electroneum.com b). Eupool.electroneum.com c). Uspool.electroneum.com I7.
Setelah anda kunjungi web pool nya, maka copy wallet anda. Paste ke web pool nya, jika anda pilih pool Europe, maka paste di pool 'eupool.electroneum.com' paste wallet anda ke kolom yg disediakan lalu klik 'Lookup'. Nanti di bawah Wallet anda akan muncul hasil mining nya.
Setelah beberapa menit akan terlihat hasil mining nya di 'Pending Balance: 0.00 ETN'. Siacoin SC Mining Electricity Cost. Demikianlah cara mining Crypto ETN (ELECTRONEUM) di komputer.
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