Dangers Of Mining Ethereum Classic ETC
Verge XVG Mining Software Download here. You can calculate the profitability of mining Ethereum Classic (ETC) A community hub for ETC supporters; Part 4 – Dangers of Ethereum Classic. Since not a lot of people are mining ETC right now, it is still quite profitable to mine. The best way to mine Ethereum Classic is by using Ethminer Genoil. It works great with both AMD and Nvidia graphics cards. After you have downloaded Ethminer Genoil, unzip it. You will a batch file by the name of “Ethereum classic”. Double click it and see if it is showing any errors. You can calculate the profitability of mining Ethereum Classic (ETC) A community hub for ETC supporters; Part 4 – Dangers of Ethereum Classic.
This guide was created with the purpose of answering any question user may have regarding Ethereum Classic (ETC). In order to understand why and how ETC has come into existence, it's important to understand the events that lead to its creation: The DAO hack and the hard-fork. If you haven't followed these events, click here to read a brief summary. Part 1 - What is Ethereum Classic Ethereum Classic is not a new cryptocurrency, but instead a split from an existing cryptocurrency, Ethereum.
Both blockchains are identical in every way up until block 1920000 where the hard-fork to refund The DAO token holders was implemented, meaning that all the balances, wallets, and transactions that happened on Ethereum until the hard-fork are still valid on the Ethereum Classic Blockchain. After the hard-fork, the blockchains were split in two and act individually. Ethereum Classic still offers the same features as Ethereum, such as the creation and deployment of smart contract and Decentralized applications, and has all the same specifications, such as average block time, size and reward. Part 2 - Why was Ethereum Classic created The Hard-fork has been a controversial subject, that has split literally split the Ethereum community in two. Both sides have made some valid points regarding their position on the hard-fork debate.