Electroneum ETN Mining Group
Greetings fellow steemians! As editing is not available in the previous post here is an updated list of Electroneum (ETN) mining pools. The info from pool websites is taken as it is at the time of this post. The pool owner/s might change the rules at any time - fees, withdrawal thresholds etc. Pool location fee min. Payment Europe 4% 20 ETN US 4% 20 ETN Asia 4% 20 ETN no info 0% 10 ETN no info 1% 20 ETN no info 0.9% 10 ETN US 2% 10 ETN Europe 2% 5 ETN Asia 2% 3 ETN no info 2% 2 ETN US 2% 2 ETN no info 0.5% 2 ETN no info 0.5% 0.5 ETN no info 0.5% 1 ETN no info 3% 3 ETN no info 0.5% 1 ETN no info 1% 10 ETN no info 0% 20 ETN no info 0% 5 ETN no info 2% 50 ETN no info 0% 2 ETN Europe 1.8% 5 ETN Europe 0.5% 5 ETN That's all the pools I was able to find, I'll add more if I find any not listed here. Some pools are removed from the list, since they seem inactive.
Some exchange sites need paymentid on withdrawal address to deposit. You should insert paymentid, or your coins would not be confirmed from exchange site. World's First Electroneum Browser mining pool We are live. Enter you address below and start mining!! Join our telegram. Start Need an address?
As usual feel free to add more in the comments. Happy mining!
There are various differences between the two. The most important is that Electroneum will be mineable with a mobile phone. Dash DASH Mining Pool. The team has divided the total number of mineable coins in two, and assigned half to traditional computer mining and the other half to mobile mining. Bitcoin can also theoretically be mined on a mobile phone, but a phone has way too little CPU power to compare with fast computers and GPUs. Electroneum is bridging that gap and creating an environment where mobile phones don’t compete with computers.
Given the mobile mining aspect, it is expected that Electroneum will grow exponentially faster than Bitcoin, since the target audience (mobile phone owners) is very large (2. About Asch XAS Mining here. 2 billion at this point). They run on different algorithms. Bitcoin runs on SHA256 while Electroneum runs on the Monero-based Cryptonight algorithm which is much more private than SHA256. Bitcoin has 8 decimal digits, making small amounts of Bitcoin difficult to read quickly. Electroneum only has 2 decimal digits, making it much more like traditional currencies we know, like the dollar.
Electroneum has a total of 21 billion coins against Bitcoin’s 21 million coins. You’ve given me a great idea for a post, going into more detail on this. I’ll write it soon • Sean says. Luckily Bitcoin is one of the few currencies NOT controlled by any rich guy or institution. You can be sure that Bitcoin won’t ever fall into the hands of a single entity. The reason you are paying so much is due to the large strains on the Bitcoin network. The creator did not foresee this happening, and I think he probably didn’t plant this far.
However, some other cryptocurrencies like Bitcoin Cash and Litecoin has stepped in to solve this problem. They work nearly identical to bitcoin but with lower fees and shorter processing times. • mahomed yusuf says. I guess the scenario would be very similar to when you buy goods/services with fiat money (USD, etc.) that doesn’t get delivered. The risks are the same You need to decide which websites/vendors you can trust. Don’t buy from scammy looking websites. Buy in person if at all possible where you can see the product before you transfer the coins.
Once Electroneum leaves your wallet, there is no way of getting it back unless the receiver returns it himself. There’s no central banking system that can reverse the payment. But if you do your due diligence and only buy from reputable sellers, you won’t have to face that problem!