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Ethereum Classic Hashrate

What Is Ethereum Classic?

What Is Ethereum Classic?

If you are familiar with digital currency , there is no reason that you dont have any opinion about this matter. This is the both ideological and ethical battle between Ethereum and Ethereum Classic. It is so important to know and learn first the history of the two before drawing some conclusions on their differences. A ton of things expected to occur for us to touch base in this guess. Thus, how about we dial back the checks and look at probably the most basic focuses in not simply Ethereum history , but rather digital currency when all is said in done. The whole ecosystem of Ethereum deals with the premise of smart contracts . For the uninitiated, smart contracts are fundamentally how things complete in the Ethereum eco-framework. To place it in layman terms, smart contracts are mechanized contracts that authorize and encourage the terms of the agreement itself. The DAO otherwise known as the Decentralized Autonomous Organization was a perplexing smart contract which would alter Ethereum for eternity. It was essentially going to be a decentralized investment subsidize which would finance all future DAPPS made in the eco-framework. The way it worked was truly clear. On the off chance that you needed to have any say toward the path DAPPS that would get financed, at that point you would need to purchase DAO Tokens for a specific measure of Ether. The DAO tokens were markers that you are presently authoritatively part of the DAO framework . Anyway, how were DAPPS going to get endorsed and constructed? All things considered, right off the bat they have to get whitelisted by the guardians, who have essentially known nonentities in the Ethereum world. In the wake of getting their blessing, they will get voted on by the DAO token holders. On the off chance that the propositi Continue reading >>

Ethereum Classic Price Surges By Over 30%

Ethereum Classic Price Surges By Over 30%

Ethereum Classic Price Surges By Over 30% Dec 17, 2016 at 16:09 UTC|UpdatedDec 19, 2016 at 16:56 UTC Markets Weekly is a weekly column analyzing price movements in the global blockchain token markets. This edition looks at the week from 10ththrough 16th December. Ether classic(ETC) made a strident comeback this week. As the nascent digital currency surged in value, its hashrate also rose and its supportingcommunity announced a new monetary policy proposal . Zooming in on the figures, ETC prices rose as much as 37% during the week, climbing to a high of $1.11 from their opening price of $0.81, CoinMarketCap figures reveal. Market observers saw the week as apositive one for the project, which splintered off in the wake of the collapse of The DAO. "ETC is being embraced by the community as a superior and decentralized alternative to ETH," said Petar Zivkovski, COO of leveraged bitcoin trading platform Whaleclub . He asserted that while "ETC and ETH are battling for a piece of the same pie," some market observers are predicting that ETC's market cap will surpass that of ETH's in either 2017 or 2018. Arthur Hayes, co-founder and CEO of leveraged bitcoin trading platform BitMEX , provided a similar forecast, telling CoinDesk that "I expect ETC to make a move for parity with ETH in 1Q2017." He further elaborated on ETC's tailwinds, stating that: "The Chinese community is not happy with the direction that Vitalik has taken Ethereum. This is mostly due to DAO bail-out. Pumping ETC is their retribution." For now, ethereum's loss may be ethereum classic's gain. In addition to the surging price, another sign of ETC's rising adoption is its sharp increase in hashrate, a measure that surged 68% from 534 gigahashes/second (GH/s) at 12:00 UTC on 10th December to a high of 899.47 GH/s Continue reading >>

What Is Ethereum Classic (etc)?

What Is Ethereum Classic (etc)?

Felix Kster October 18, 2017 457 no comments There is no way that you dont have an opinion on this if you have been involved with cryptocurrency . The contest between Ethereum Classic and Ethereum is both an ideological and ethical one. It is important for us to know a little bit of history before we start explaining the basic difference between the two and drawing our own conclusions. For us to arrive in this conjecture, a lot of things needed to happen. This all started as an attempt to rescue investor funds in a high-profile project. However, it has resulted in a schism that has effectively split the community on the second-largest public blockchain. Lets check out some of the most critical points in not just Ethereum history, but cryptocurrency in general. This article is going to discuss any question user you have regarding Ethereum Classic (ETC). Its important to understand the events that lead to its creation the DAO hack and the hard-fork, in order to understand why and how ETC has come into existence. The Formation of The DAO (The Decentralized Autonomous Organization) Ethereum started out as a single token following the same consensus rules, and the entire ecosystem of Ethereum works on the basis of smart contracts. To put it in layman terms, smart contracts are automated contracts that enforce and facilitate the terms of the contract itself, and they are basically how things get done in the Ethereum eco-system. The DAO was a complex smart contract which was going to revolutionize Ethereum forever. It received large amounts of investment , and around 12% of all ether at the time was tied in this contract. It was basically going to be a decentralized venture capital fund which was going to fund all future DAPPS made in the eco-system, and the way it worked was Continue reading >>

Ethereum Classic Mining Pools Rating | Investoon

Ethereum Classic Mining Pools Rating | Investoon

All mining pools specified in the list support Ethereum Classic coin, and provide service and have no problems with withdrawals. Find your closest pool server using ping information. The less value of connection time is better. There are 20 ETC pools online. And waiting you to join miners' community. To get more information open mining nodes for each website using menu button. This tool was created for many users who can not build a huge mining farm but also want to get profit in mining. Best chance is to connect to any Ethereum Classic pool. Be aware of low hashrate pools, they often use same design and it takes a lot of time to get first payment, it can be one week or even one month, look hashrate information at our rating table. Please note that Ethereum Classic mining pools may change or add nodes without notifying us. Strongly advise you to make a research about admin operator who is behind the pool and visit mining forums to get a reputation of that pool before joining it. For better performance please use Google Chrome or Opera (without VPN feature, or you will get ping to VPN location plus ping from VPN location to mining pool). Safari seems to be slower during ping request in 3 times. Continue reading >>

V. 6.4 Ethereum Classic (etc) Mining

V. 6.4 Ethereum Classic (etc) Mining

Earlier this week, Ethereum was hardforked, which technically resulted in moving to the new blockchain. MinerGate supported this decision and updated its pool servers, in order to continue to provide Ethereum mining. However, despite the fact that the original Ethereum blockchain was officially abandoned, some community members came together to secure the former network and provide its further development. The project, which was called Ethereum Classic (ETC) , is already listed on Coinmarketcap.com , available for trading on Poloniex.com and for exchange at Changelly.com . Today, the MinerGate pool team is happy to announce support for Ethereum classic mining for all popular operating systems through the MinerGate GUI miner , Ethminer , and Genoil . This decision was made out of a deep conviction that Ethereum could thrive without manual actions in the first place, as officially stated by our CEO, Claude Lecomte on Cryptocoinsnews.com last week. Having this in mind, MinerGate couldnt miss the opportunity to encourage the development of the untouched original Ethereum blockchain. Therefore, we encourage our users to welcome this old new cryptocurrency, and consider its mining along with the mainstream Ethereum and CryptoNote coins. As already mentioned above, there are three easy ways to start mining Ethereum classic on MinerGate: MinerGate GUI miner. This is the easiest and the fastest way for ETC mining, both with CPU and GPU. Just download our updated GUI miner , launch it and start mining in two clicks. If you are new to MinerGate, you will also have to register your account, which will probably take ~ 1 minute. You can follow this brief GUI miner guide to get additional information. Ethminer. If you prefer official software, download Ethminer from official sources Continue reading >>

Etc Mining Hardware Comparison (ethereum Classic Mining)

Etc Mining Hardware Comparison (ethereum Classic Mining)

ETC Mining Hardware Comparison (Ethereum Classic Mining) ETC Mining Hardware Comparison (Ethereum Classic Mining) An ETC Mining Hardware comparison that will help you along in the jungle of GPUs and MH/s. The mining equipment found below works for Ehtereum Classics hashing algorithm Ethash. 2XMSI, VFX, POWERCOLOR 4x HD 7990 (194 Mh/s for Ethash) Mine Ethereum with 2XMSI, VFX or POWERCOLOR HD 7990 Powered by dual class-leading AMD Radeon HD 7970 engines, the.. Manufacturer: AMD Model: R9 280x Core Clock: 1100 Mem Clock: 1600 OS: win 7 Mining software: 15.11 Hashing Algorithm:Ethash.. Manufacturer: AMD Model: R9 290x Core Clock: 1150 Mem Clock: 1375 OS: Win 10 Mining software: Catalyst 15.12 Hashing.. AMD Radeon HD 7950 can be used to explore exceptionally high-resolution gaming worlds like you've never seen before. The.. Manufacturer: ASUS Model: 280x + 7970 Core Clock: 1100 Mem Clock: 1500 OS: Windows 10 Mining software: 15.30.1025.1001-151204a-298676C Hashing.. Manufacturer: ASUS Model: 2xHD7990 Core Clock: 500 Mem Clock: 750 OS: win 7 64 Mining software: 16.1 Hashing Algorithm:Ethash.. Manufacturer: ASUS Model: 27990 Core Clock: 1000 Mem Clock: 1500 OS: win 8.1 pro Mining software: 16.1 Hashing Algorithm:Ethash.. Manufacturer: ASUS Model: 960 Core Clock: 1300 Mem Clock: 1900 OS: windows 7 Mining software: nvidia Hashing Algorithm:Ethash Hash.. Manufacturer: ASUS Model: GTX980 Core Clock: 1400 Mem Clock: 7000 OS: windows Mining software: 362 Hashing Algorithm:Ethash Hash Rate:.. Manufacturer: ASUS Model: R7 265 Core Clock: 1050 Mem Clock: 1400 OS: Windows 7 Mining software: Catalyst 14.12 Hashing.. Manufacturer: ASUS Model: R9 270 Core Clock: 1200 Mem Clock: 1375 OS: Windows 7 64-bit Mining software: Catalyst 15.12.. Manufacturer: ASUS Model: R9 280 Core Clock: 1100 M Continue reading >>

How To Mine Ethereum Classic (etc) On Windows/linux With Amd/nvidia Gpu

How To Mine Ethereum Classic (etc) On Windows/linux With Amd/nvidia Gpu

Download Wallet! Get the latest version of Ethereum Mist Wallet Here! How to Mine Ethereum Classic (ETC) on Windows/Linux with AMD/nVidia GPU Ever wondered if Ethereum Classic (ETC) is worth mining ? Someone asked about ETC so here it is a quick tutorial on how to mine Ethereum Classic (ETC) on Windows or Linux using AMD or nVidia GPUs. According to whattomine , Ethereum Classic (ETC) is on second position as mining recommendation (for a rig with 6x RX 470 4gb GPUs), followed by Monero etc.. What are the profits with this hashing speed/configuration ? Pretty good right ? The difference is not that big but i think that it worth mining a few ETCs, when the POS hits maybe the price will have a nice number 5x Asus Strix OC AMD Radeon R7 370 4GB GPUs, rig components Claymores Dual Ethereum AMD+NVIDIA GPU Miner v7.4 (Windows/Linux) developer fee is 1% If you are looking to build your first rig or a new one, here is the best hardware you can get! Frame $190 GPU Mining Rig Open Air Frame Case or do it yourself, tutorial here ! Ethereum & Ethereum Classic hashing speed using 6x Sapphire Nitro+ RX 470 4GB can be up to 175Mh/s, with my current rig i get 67Mh/s only, using 5 GPUs. Make sure you buy the right GPUs for your rig, check above! To receive the latest updates follow me on social media! Lets get started to mine some Ethereum Classic (ETC) 1 Create an account with Kraken.com if you dont have one 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. 2A Mining with Claymores miner, 1% dev fee download Claymores miner v7.4 inside the folder create a new text document and paste the following code: EthDcrMiner64.exe -epool eu1-etc.ethermine.org:4444 -ewal WALLET_KEY.WORKER_NAME -epsw x chan Continue reading >>

Ethereum Classic (etc) Woes: Are Bugs Getting Out Of Control?

Ethereum Classic (etc) Woes: Are Bugs Getting Out Of Control?

Ethereum Classic ETC Securing blockchain ecosystems has always been a priority for major cryptocurrencies and the latest alternative coins. Ethereum Classic it taking the risks involved seriously and is not at a point of admitting bugs are becoming a threat to its ecosystem. The smart contract technology seems not to be working for but against Ethereum Classic. Bugs are part of the blockchain technology but if they turn harmful and affect the operations of the system, remedial measures are a must. Ethereum parity has been a thorn in their system. Simply put, mart contracts are computer programed and help execute specific functions; it is an input out mechanism. Recent studies have confirmed that out of 19,000 Ethereum contracts scrutinized, 44% of them are vulnerable. Technically, when flawed codes continue being used, they propagate as they continue being outdated and might affect new smart contracts in a system. Running on open-source block explorer, Ethereum Classic ETC codes have bugs that need to be monitored 24/7 and periodic resetting or restarting. This definitely means undesirable downtimes that have made the EtherHub impossible to use. Currently, networks riding on the Ethereum network lack a working open-source block explorer. The only way out of the bug menace is to get a working Explorer or fix the bugs that are affecting the webserver and the block grabber. Once the software runs on the EtherHub 7 foe seven days, the bug issue bugs might be a thing of the past. According to Ethereum Forum , the problem points have been identified and the corrections are underway; Remove the charts that compare ETH/ETC on hashrate and price. Stop querying minergate.com for hashrate (how to calculate), calculate it directly from the node. This may be best done by having gra Continue reading >>

The Night Poloniex Listed Ethereum Classic

The Night Poloniex Listed Ethereum Classic

The Night Poloniex Listed Ethereum Classic Note: The following is a story of the events that led to the survival of the original Ethereum chain after the hard fork related to The DAO incident was activated. The story is told from the perspective of the author. Within hours of Ethereums hard fork to reassign funds away from the hacker who found a loophole in The DAO , the event was deemed a success by a wide-ranging group of individuals in the blockchain ecosystem. Ethereum creator Vitalik Buterin was popping champagne , and Coinbase CEO Brian Armstrong was tweeting about the merits of hard forks as an upgrade mechanism for blockchains. At the time, there were only a few holdouts who were interested in preserving what many thought to be Ethereums original social contract of unstoppable code. One of those holdouts was self-described crypto-anarchist Wiz . On the 21st of July, I received a message from Wiz claiming he was impressed that Ethereums hard fork worked out. He then shared a photo of a block explorer showing that he was one of the top 25 Ethereum miners. I was a bit surprised to see the original chain die so quickly, as I had previously tweeted that I expected two chains to result from the fork. I guess what we learned is that you just need to get the top five pools onboard and youre good, said Wiz. At the time, those five pools made up over 90 percent of Ethereums network hashrate. The former managing director of WizSec then questioned if Ethereum is basically centralized among ten people. I guess if I grew my pool by 5x size, I could get in the top ten and at least have a voice, he added. But [Id] still overwhelmingly be outvoted. At this point, I also pointed out that exchanges essentially blocked the voice of the Ethereum stakeholders who may have been again Continue reading >>

6 Ethereum Classic Mining Pools Worth Checking Out

6 Ethereum Classic Mining Pools Worth Checking Out

6 Ethereum Classic Mining Pools Worth Checking Out 6 Ethereum Classic Mining Pools Worth Checking Out One thing many seem to forget is that Ethereum no longer has an immutable blockchain, which is kind of the whole point of the blockchain. When the Ethereum network split into ETH and ETC, Ethereum itself became amutable fork of the original blockchain, whereas Ethereum Classic is still the original chain as it was created many years ago. A lot of people have taken a liking to Ethereum Classic lately, and they are looking for good mining pools. Below are some of the options certainly worth checking out. The Coin-Miners Ethereum Classic mining pool operates on the PPLNS scheme. They base payouts on the pay-per-last-1000-shares scheme, which means users will be compensated fairly for their contributions. It does appear this pool struggles to gain traction among miners, though, as it has no active online miners according to the site statistics. This makes it ideal for new users to start mining here and help decentralize ETC mining in the process. If there is one mining pool nearly all cryptocurrency enthusiasts are familiar with, it isSuprnova. The mining pool has always supported popular cryptocurrencies, and Ethereum Classic is no exception. Unfortunately, the pool shows no hashrate for ETC mining right now. Even so, it is certainly a mining pool worth checking out by new ETC users, sinceSuprnova has a solid reputation in the cryptocurrency community. MinerGate has quickly become a household name forcryptocurrency miners. The pool also supports Ethereum Classic, among other popular cryptocurrencies. In fact, their ETC pool is currently hashing away at around 8GH/s, and rewards miners based on the PPLNS scheme. This is quite common among mining pools these days. Consideri Continue reading >>

Fork Watch: The Chain With Less Hashrate Could Come To A Screeching Halt

Fork Watch: The Chain With Less Hashrate Could Come To A Screeching Halt

Fork Watch: The Chain With Less Hashrate Could Come to a Screeching Halt Over the next two weeks, bitcoin proponents from both sides of the scaling debate will be preparing for a possible hard fork. A lot of people believe the Segwit2x fork will be entirely different than Augusts bitcoin cash fork, and for good reason. Also read: Satoshi Revolution Chapter 2: Technology Meets Anarchy. Both Profit (Part 2) The Forking: 21 Million Ways to Die Choose One One of the biggest reasons for Segwit2x uncertainty is the amount of hashrate indicating support towards upgrading the block size to 2MB. Right now over 84.9 percent of the Bitcoin networks miners are signaling their intentions to support Segwit2x. The question many people are asking is what will happen to a minority network with very little hashrate and no emergency difficulty adjustment? There are quite a bit of bitcoiners that are enthralled by the drama between Core supporters and Segwit2x supporters. Theres the fighting about replay protection, and calling Segwit2x a corporate takeover or an attack by Core developers , some whose businesses are also ironically funded by venture capitalists and corporations. Then theres the biggest question of all Which is more powerful? Miners or those of us running full nodes. The topic often revolves around game theory and discussions about what could happen when the hard fork takes place. If over 80 percent of the hashrate decides to fork away from the rules implemented by Core software, then it might leave the minority chain with very little hashrate. A minority chain with a minuscule amount of hashrate that goes up against bitcoins current difficulty will have a tough time surviving. It means that the hashrate minority will have to wait for 2016 blocks until the difficulty can b Continue reading >>

Ethereum Classic Price Analysis - Bullish Continuation

Ethereum Classic Price Analysis - Bullish Continuation

Ethereum Classic Price Analysis - Bullish continuation Josh Olszewicz , 15 Nov 2017 - Ethereum Classic , Opinion , Price Analysis Ethereum Classic ( ETC ) now has a market capitalization of US$1.7 billion, making it the 15th largest cryptocurrency. Trading volume recently hit record highs of US$1 billion in a 24 hour period, exceeding even Ethereum ( ETH ) on that day. Trading volume puts ETC in the top five most traded cryptocurrencies . The coin is up 979% from January 1st this year. ETC was born out of a questionably contentious hard fork following the Decentralized Autonomous Organization (DAO) hack. The DAO, which was originally established as a venture capital fund, launched with a crowdsale in April 2016. As of May 2016, the fund held ~14% of all ETH issued at the time, roughly ~US$150 million, from 11,000 investors. In June 2016 several vulnerabilities allowed ~US$50 million to be drained from the DAO through recursive call attacks. With no governing or protecting body, community members and the creator of Ethereum, Vitalik Buterin, came to the conclusion that hard forking the chain to recoup lost funds would be the best solution. The original chain survived as Ethereum Classic, due to several users, miners, and later exchanges listing the currency. ETC proponents questioned the immutability of the ledger after the hard fork solution. Barry Silbert, of Digital Currency Group, was a prominent member of the community embracing ETC and encouraged future development very early on, establishing a US$10 million developer fund and an ETC trust . Since the DAO debacle, the U.S. Securities and Exchange Commission (SEC) declared that the DAO or future DAO-like enterprises would be considered a security , stating U.S. securities laws may apply to offers, sales, and tradin Continue reading >>

Amd Radeon Rx580 8gb Graphics Card For Ethereum Classic Mining

Amd Radeon Rx580 8gb Graphics Card For Ethereum Classic Mining

AMD Radeon RX580 8GB Ethereum Classic (ETC) mining Hashrate in Mh/s AMD Radeon RX580 8GB Ethereum Classic (ETC) mining Hashrate in Mh/s AMD Radeon RX580 8GB Graphics Card for Ethereum Classic Mining AORUS graphics cards are crafted for perfection in pursuit of the ultimate graphics experience for gaming enthusiasts. Based on the revolutionary AMD Polaris architecture, AORUS graphics card brings you incredible gaming experience. Ethereum Classicis anopen-source, public,blockchain-baseddistributed computingplatform featuringsmart contract(scripting) functionality. It provides a decentralizedTuring-completevirtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called classic ether, which can be transferred between participants, stored in acryptocurrency walletand is used to compensate participant nodes for computations performed. The classic ether token is traded on cryptocurrency exchanges under the ticker symbol ETC. Gas, an internal transaction pricing mechanism, is used to preventspamon the network and allocate resources proportionally to the incentive offered by the request. Review of AMD Radeon RX580 8GB Graphics Card for Ethereum Classic Mining Share your reviews using the comment form below. Continue reading >>

Ethereum Classic [etc]

Ethereum Classic [etc]

EthDcrMiner64.exe -epool msk.etc-poolcrypto.org:8008 -ewal 0x98b3a919fd206fa0bb710578575bb32a90574d3f -epsw x Thats IT! Save the opened start.bat file and RUN it ! you should be start mining ! After a few share found messages within miner, you should check your mining progress, go to wherever you are mining) and check your account and/or wallet status for LIVE mining details. Example: go to and input your wallet adress an click Lookup, after a few seconds you should see your immature balance as well as payouts ! I assume you already know how to make a batchfile (start.bat) and how to properly edit it so we are going to add a few tweaks to it and add dual mining ! Be sure to check the Readme!!!.txt included in the claymore miner zip package ! So in the basic guide we used this command line to start the miner up and running on ethereum-classic only mode ! EthDcrMiner64.exe -epool msk.etc-poolcrypto.org:8008-ewal 0x98b3a919fd206fa0bb710578575bb32a90574d3f -epsw x Now we are going to add a few extra commands to it to tweak it and even add dual mining support to it ! Fist, we need to get familiar with the most common used switches: -ethi -> this switch will set the desired mining intensity on each card from 0 8 (8 is highest) it can set to separate cards just by a coma ex: -ethi 3,7 will result the 1st gpu with intensity 3 and the 2nd with intensity 7. (the reason you would want to adjust this is to control temperaturewhen you play with overclocking !) -tt -> this is the TARGET TEMPERATURE and it will automatically adjust fan speeds to meet your desired values. ex: -tt 80,75(because i want the bottom GPU to have the same fan speed as the top GPU IF IT WAS A SIMPLE DESKTOP SYSTEM but because the position of the TOP GPU is warmer /see Physics 101, it will always require more Continue reading >>

Best Ethereum Mining Hardware (2018 Updated)

Best Ethereum Mining Hardware (2018 Updated)

Last updated on February 26th, 2018 at 04:04 pm Ethereum (ETH) is a popular choice for graphics card (GPU) miners. In 2018, Ethereum smashed its long-term $400 ceiling, and reached more than $1,000. Ethereums Ethash algorithm is one of many algorithms designed for optimal mining on GPUs. Generally speaking, a GPU is good for mining all GPU-mineable cryptocurrency (including Ethereum Classic , Monero , Zcash , and Vertcoin). This situation gives GPU miners enviable flexibility, in order to be able to switch between over 40 coins that are based on their current profitability. If youre new to mining Ethereum , there are 4 important things you should know: Ethereum intends to switch to a Proof of Stake scheme called Casper. Although this switch has been delayed, its reasonable to expect that it will occur in late 2018. Ethereum mining will no longer be possible after that, unless a hybrid Proof of Work/Proof of Stake model is implemented. If so, rewards to miners will be significantly reduced, with perhaps half of all new coin rewards going to holders instead. Ethereum mining currently requires a GPU with at least 3 gigabytes of Video RAM (VRAM). This VRAM requirement is expected to grow to 4 gigs in 2018. The Ethereum Directed Acyclic Graph (DAG) file is stored in VRAM by miners. The DAG grows in size by remaining proportionate to the mining difficulty. About once every epoch (or 30,000 Ethereum blocks), a new DAG is generated, which must be downloaded in order to continue mining. You can view the current epoch and other Ethereum network stats here . (At the time of this writing, the epoch was 162.) Note that the performance of older cards will degrade with each new epoch. Up to a point, more VRAM will also improve performance. The present difference between a 4- and 8-gi Continue reading >>

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