Should I Mine For Ethereum Classic ETC

Should I Mine For Ethereum Classic ETC

Should I Mine For Ethereum Classic ETC

Oct 20, 2016 What To Mine? ETH vs ETC: Which is More Profitable? Mining ETHEREUM OR CLASSIC? Check which is better to mine each day/hour at www.whattomine.com Get your.

What To Mine? ETH vs ETC: Which is More Profitable? Mining ETHEREUM OR CLASSIC? Check which is better to mine each day/hour at www.whattomine.com Get your Ledger Wallet Nano S or Blue here: The best way to support the channel is to use the store: I hope you liked this video and found it helpful, if you would like to leave me a tip please send any amount of coins to any of the following addresses: Bitcoin 12hKQ99t9eiLV2D2C6K9bdYntdEVk46o3h Litecoin LTkDdmm9qXHNXpnc1FbnyhWFjqdNR4t4Xt Dogecoin DHGaiFJU442oKVnjnexkvRDwuX7pysXPF2 Dash XtnRsdAHdAAGD4EshCDFpvwJqTWZvE2A2u ZCash t1goK66cPpVbiUsoi3httTTtmKz4d1kie4k Ethereum 0x317732FA9E934018D2D0Dd7b5C8f8f320D6059D2.

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. 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?

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.