How To Mine 1 Einsteinium EMC2 Per Week
Apart from having tried mining BTC back when it was ~$500, I haven't bothered much. Is there a tutorial on how to get started mining? Or even a resource to see how much I'd gain/lose or how long it'd take me to mine 1 EMC2? Looking forward to EMC2 taking off, invested in it myself over on.How many EMC2 req'd to run masternode?7 postsDec 28, 2017Successful HardFork Will Increase the Value of EMC212 postsDec 11, 2017I won today with Einsteinium (and Bitcoin).15 postsDec 7, 2017**Update From The Einsteinium Dev Team**3 postsMar 6, 2014More results from www.reddit.comMissing.
Bitcoin has gained more value in the past couple weeks than in all the past years, and a lot of people use it as investment. Its a bubble getting ready to burst.
Dogecoin, for its part, seems to be a lot more stable, and independent of Bitcoin (for now). If I held a lot of bitcoin, I'd start selling soon, or putting a good chunk of it into Dogecoin. When, not if, the crash happens, its going to be swift, and in the middle of the night for most of us in the West, since the market is very much driven by Asia. I'm going to put mine into Doge, and hope it survives.I think the community around Doge makes it unique and more likely to rebound after a market crash. But you're going to see a lot of altcoins disappear, maybe even Bitcoin itself. Maybe that will be our Moon. A crash that sees the Asian markets panic and run to a more stable altcoin.like Doge.
Cost Of Mining GameCredits GAME here. The stability of dogecoin actually saved my money LOL. This is actually the first time I put something into dogecoin because I was looking for stable coins with a good uptrend record and found this coin. I pulled out of the ones that I felt will be going down. I pulled out from XLM, Cardano, Litecoin, Monero and just put them all into dogecoin.
And a few hours later they were indeed all down. I mean holy crap! I could have lost a lot of money! Not only I saved a lot of money, I also made some as well. Bitcoins, while many businesses accept the coin, are questioned by real-world financiers based on some specific facts; that the coin isn't physically malleable; that the coin is only backed by a computer blockchain that says it has value; that the coin is part of no brand banking system. Either we're entering into the birth of digital legitimate currency and the death of fractional reserve banking.
Or the death of crypto hype and the birth of a myriad of government restrictions. If government restrictions happen, bitcoin plummets, everyone holding bitcoin rushes to altcoins to keep their value afloat, which causes a massive bull rush into alts. Investers do their Due Diligence, find out that some coins at the floor aren't worth holding coin in, and then they find Doge- the coin that has stuck it through thick and thin- and that could very well be the moon bounce that Doge holders missing out in the bitcoin boom have been waiting for. Of course, bitcoin losing value will make altcoins lose value. But depending on where people park their assets, the markets are going to adjust accordingly and proportionately. If just enough people happen to park their assets in doge.
All DogeCoin team would have to do is announce a fork of currently-trading coins, reductions in supply much like EMC2. Followed by a doge announcement, and the coin will definitely moon-bounce, much like Einsteinium. Einsieinium has had one of the most legendary altcoin runs in crypto history; Running from dogecoin levels of 20 sats to climbing to 20000 in a matter of 6 months. 10,000% percent gains. Absolutely incredible.
So what’s behind the run and – perhaps more importantly – is it likely to continue? Let’s take a look. For those unfamiliar with this one, it’s one of the old-guard type coins having been around since early 2015. What we mean by that is it’s not one of the huge wave of tokens that has hit markets over the last six months in an attempt to capitalize on the increased attention that the space has gotten from wider markets on the back of the dramatic rise in price we’ve seen in bitcoin throughout 2017. EMC2 Daily Chart In order to get some insight into why it’s running right now, it’s worth touching on exactly what the coin is all about and where it fits into the cryptocurrency and blockchain ecosystem. The coin, referred to as EMC2, is designed to underpin a scientific research funding platform. Basically, people mine the coins and a certain percentage of the mined coins are allocated to various scientific research projects across the globe.
The decision as to which projects get funding is reached by consensus, with holders of the EMC2 coins voting on a shortlist. Once the recipients are agreed upon, they receive their funding in the form of EMC2, which they can then exchange for fiat or whatever’s necessary to pay the bills. It’s a neat idea and it’s one that – over the past couple of years – has gained some considerable traction within the scientific community. So what’s moving the coin of late? Well, as mentioned, this one is up over the last day or so but this is far from an isolated run – this coin has been in take-off mode since the start of the month.
The real reason behind this run is rooted in three things. First, the company has been in overdrive when it comes to social media posting and communications. Take a look at the Twitter feed,. People buying into these coins want to know what’s going on behind the tape and – with Einsteinium – you get exactly that.
Second, the company has been teasing a very big announcement for the last couple of weeks. The announcement (which we don’t know anything about as yet) will hit press on December 19. We think (well, we pretty much know) that there’s a lot of loading up going on ahead of this announcement and this has contributed to the rise outlined above. Third, and probably most important, is an upcoming hard fork.
This is slated for December 7 (or thereabouts, it’s planned to occur on block 1699157 and the date put forward by the company is calculated based on current block and block time equivalent) and it’s a major event for the coin because, subsequent to the fork, approximately 55 million coins will be burned from the future supply. Further, there will be half a million coins less per month added to the circulating supply. This is the equivalent of a supply contraction and it’s going to push up the price of the coins that remain freely traded. As such, markets are buying up these coins in anticipation of a price push and this – in and of itself – is causing EMC2 to run. So what’s next? We’re going to keep a close eye on action surrounding the fork as indicative of near-term sentiment.
We expect price to continue to appreciate right up until fork-day as speculators continue to load positions. We will be updating our subscribers as soon as we know more.
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