Solo Mining Ethereum Classic ETC 2018
ETC is going on a run – Image via CoinMarketCap Now, there are a ton of newcomers in the crypto space, many of them who have watched Ethereum (ETH) surge the past few days with awe. But that awe gives way to confusion quickly: what is ETC and what separates it from ETH? After you understand some of the nuances of the contrasts, then you’ll have to decide for yourself whether you think or Ethereum Classic would be a better hold for 2018.
ETC ( Ethereum Classic ) SOLO mining experience. Bitcoin Forum: January 17, 2018, 04:59:42 PM: Welcome, Guest. Please login or register. Ethereum-Classic (ETC) pool. Developer fee is 1% for Ethereum-only mining mode and 2% for dual mining mode. January 28, 2018, 15:41:52 UTC. 2017 EXPANSE EXP Coin SOLO MINING Explained in details how to solo mine Expanse EXP. Summer 2018 internships. Mining Comparison: Ethereum Classic (ETC). High profitability Ethereum Classic mining pool. Tweets by epoolio Ethereum Classic mining pool © epool.io 2016-2018 Contact us: [email protected].
Or, of course, you can always hold both. We’ll walk you through some speculative considerations that might help you make up in your own mind going into this new year. Ethereum Classic a hedge against ETH Ethereum Classic bills itself as the “censorship-resistant,” original Ethereum.
The ETC community disagreed with the Ethereum developers’ decision a few years ago to fork Ethereum to return funds to the investors who lost their money in the infamous DAO hack, and ETH and ETC have gone in different directions ever since. Accordingly, the ETC community is against “central planning.” Sort of like how (BCH) fans bill their community as the censorship-resistant brand of (BTC). And that kind of marketing is particularly attractive to the many libertarian-minded individuals in the cryptocurrency space. So, in a purely speculative way, Ethereum Classic can be a way to hedge your bet against Ethereum. Say you hold some Bitcoin and Bitcoin Cash in your portfolio, and may the best coin win. You’ve got your bases covered because you hold some of both.
So if you take the same mindset to Ethereum, you have a few options. Alongside your ETH, you could try putting some money on the “Ethereum-killers” like or EOS. But why not ETC, too?
To the surprise of some, Ethereum Classic’s devs have had a super productive year. To that end, check out this recent tweet from Bitcoin developer Jameson Lopp.
Note where ETC’s devs ranked in productivity: 2017 reference impl commits & merges: Bitcoin Core: 1,925 Litecoin: 1,298 IOTA: 1,166 Monero: 1,199 Bitcoin ABC: 1,104 Ethereum Classic: 895 Ethereum (geth): 833 Zcash: 491 Stellar: 453 Dash: 394 Bitcoin Classic: 374 Ripple: 271 Bitcoin Unlimited: 218 Bitconnect: 23 Dogecoin: 0 — Jameson Lopp (@lopp) With 895 combined commits and merges, ETC’s devs had more than ETH’s. That’s a good, if superficial sign, as it shows in the very least that Ethereum Classic has an active developer community that’s constantly at work. Of course, it matters more what they’re working on, but it’s a point to consider for sure. An underrated hold in 2018? There’s no question that ETC has flown over a lot of investor’s radars in recent weeks. But there’s no doubt that as more people find out about Ethereum, more people will also find out about Ethereum Classic. That means ETC has solid, prospective growth in the months ahead.
It’s an interesting darkhorse hold for 2018 because it has a lot of room for growth compared to more super-saturated coins, e.g. ADA’s current market capitalization. You’ll have to do your own research, as these are just speculative considerations and not financial advice.
But perhaps it wouldn’t be surprising if ETC was trading over $100 in one year’s time. Time will tell. Featured Image via Fotolia.
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PC • To the right of the address bar, click the icon with 3 stacked horizontal lines. • From the drop-down menu, select Settings. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser.
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From the drop-down menu. Best Asic ZCoin XZC Miner on this page. • In the left-hand column, select Settings from the list. • At the bottom of the page, click the Show advanced settings link.
• Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. Is quite difficult to get mining on windows - although with a bit of help and following the tutorial below you can get it up and running and start your own ethereum mining project in 15 mins. We're going to show you how to start mining on your GPU and CPU with Windows 64 bit in this guide. You will need to download two programs and need to have a decent GPU with more than 1GB of memory to get the most bang for your buck in terms of mining as Ethereum works on a memory hard hashing technique which GPU's are best. You can also mine if you start your geth in Step 7 with the param --oppose-dao-fork..
Farming Peercoin PPC 2018. Running a CPU you might be able to generate 0.15 Mega Hashes whilst with a decent GPU with enough memory you could be doing upwards 25 Mega Hashes ( and use our guide on ). So in terms of total efficiency, taking into account electrical costs, a GPU is definitely worth it even if it costs you $200. You can also try buying a cloud mining contract with. Part 1 - Installing GETH, Syncing the Blockchain & creating your own address! Step 1: The first thing you need to do is go to this link.
Geth is the program that communicates with the Ethereum Network and acts as the a relay between your computer, its hardware and the rest of the ethereum network computers so if a block is mined by another computer your Geth program will pick it up and then pass on the new information onto your GPU or CPU for mining. Step 2: You need to unzip the GETH file and move it to a location on your hard drive. In this case we'll move it to the hard drive, usually ( C:) - which will make the next step easier. All you need to do is copy the file you have downloaded and unzipped and move it to the hard drive folder.
Step 3:Now you need to run the program you just downloaded. To do this you need to run Command Prompt. You can do this by searching in the search function in Windows for ' CMD' and then clicking on it when it shows up. Step 4: Command Prompt is now open - and can look terrifying to people who aren't familiar with it. The Command Prompt box usually has C: Users Username>showing in it - where Username is your username - so if you log into your computer with the username cryptocompare then the command prompt box will open with C: Users cryptocompare.
You need to tell the computer to look in another place Type cd / into the newly opened command prompt. You should now see ' C: >', You have just used the cd command or ' change directory' command to make command prompt look at the C:/ drive. Step 5: You need to tell your Geth program to create a new account. As you have installed it in your user directory in Step 2 then it is just a simple case of typing in ' geth account new' and then pressing return/enter. This should look like this ' C: >geth account new'. Step 6: After hitting the enter button in Step 5, you will be asked to enter a password - N.B. You will not be able to see what you are typing in so type it carefully.
This is the password that locks your account and keeps your Private key safe - if you lose this password you will lose all your Ether attached to the wallet held by that Private key. Once you have entered your password and confirmed it by entering it a second time you will have created a new account! Congratulations your about a third of the way there. Step 7: You need to tell your Geth Program to start communicating with the rest of the Ethereum network. You do this by typing in ' geth --rpc' - this should look like ' C: >geth --rpc' (on the latest version you should try: geth --rpc --fast --cache=1024) Press enter and the screen should start downloading the blockchain for Ethereum - at this point you are synchronising with the rest of the Ethereum network. This can take a while depending on your internet speed and the current size of the blockchain, anywhere between 20 min and multiple hours. Sometimes your firewall can block this process - just click allow access.
Keep this cmd open, you will need this to run in the background in order to be able to mine. Also make sure you start mining only after your blockchain is synchronised, not before. Due to The DAO hard fork you will have to specify if you want to mine on the hard fork chain or on the chain without the hard fork.
To mine use geth --rpc --support-dao-fork in order to mine use: geth --rpc --oppose-dao-fork Part 2 - Installing the Mining Software and Starting to Mine Step 8: Now you need to which makes your GPU or CPU run the hashing algorithm that is integral to securing the Ethereum network through proof of work. You can download this here and be sure to scroll down to the bottom of the page to get the right version - the latest and most up to date one is right at the end. Step 9: Click on the download and click install. Your firewall can cause issues but just click allow if it does so - the same is true of windows that doesn't recognise or approve the software - tell windows its ok when asked. Click through the installation process until Ethminer is installed. Step 10: You need to open up another command prompt as in step 4 - so your going to get two scary looking boxes.
Simply click right click on your already open command prompt in the taskbar at the bottom of the page and click on command prompt in the menu that appears. A new command prompt should open with ' C: users username>'.
This is the wrong place to look for etherminer so you need to tell it the right place to find it. Step 11: Type ' cd /' into the newly opened command prompt which should look like this ' C: users username>cd /' and then press enter. You should now see 'C: >', You have just used the 'cd' command or 'change directory' command to make command prompt look at the C:/ drive - not your user file.
Step 12: Type in ' cd prog' and then press the tab button. This should look like this C: >cd prog and then press 'tab' which will automatically complete the phrase for the closest fit found in the C: drive just like autotext does on your Iphone. After pressing 'tab', you should see C:/>cd 'Program Files' and press enter which should give you a new line saying 'C: Program Files>'. Step 13: Type in cd cpp and then press tab and then enter. This is taking you into the newly installed Ethereum Mining software folder. And this should look like this after pressing tab C: Program Files>cd cpp-ethereum and pressing enter gives you C: Program Files cpp-ethereum. Step 14 GPU mining ( only do this after your blockchain is synchronised): Type in ethminer -G and press enter and then you should start mining with your GPU after building a DAG file which can take around ten minutes.
There can be problems at this point. For example the program might say that you have insufficient memory on your Graphics card to mine the with Ethereum's Ethash algorithm. If this is the case you can still mine with your CPU or go out and buy a new graphics card! You can see and.
We've also added a guide on. If you get an error message press Ctrl and c together to cancel the process. Then you can either retry it - or alternatively move onto step 16 and mine with your CPU rather than your GPU. Step 15 CPU mining: Type in ethminer and press 'enter' and you will start mining with your CPU.
Again you will need to create a DAG file the first time you do this which can take some time. But after that is complete your Geth program downloaded in step 1 should start talking to your ethminer program and you should start mining!
Step 16 Hashing Power benchmark: If you want to get an estimation of your hashing power you can run ethminer -M (for CPU mining) or ethminer -G -M ( for GPU mining). The command will run and you should get a result similar to the image bellow. Step 15 and 16 possible error: If you are not patient is ' JSON-RPC problem. Probably couldn't connect. Retrying in 1.' As you can see in the screenshot bellow this happens when you don't have the blockchain synced yet. FAQ: If you are having issues getting your GPU to mine type ethminer --opencl-platform 1 to fix it for Nvidia.
This usually happens when you have an integrated GPU as well as a dedicated one. If you are having issues finding peers, try to use: geth --nat=none If you are using ATI cards, in order to optimize your mining open a cmd prompt and run: setx GPU_FORCE_64BIT_PTR 0 setx GPU_MAX_HEAP_SIZE 100 setx GPU_USE_SYNC_OBJECTS 1 Also when you run ethminer, try using the extra params: --cl-global-work 16834 --cl-local-work 256 Good luck and if there are any problems type a comment in at the bottom of this article and the community will help you get started! And that said if anyone has any ideas to make this guide simpler please let us know and we'll update it as soon as possible! And if this is too difficult you can always follow our other guide on how to cloud mine Ethereum but this might not be as profitable as it initially looks - This guide shows you the basics of solo mining, it should give you a good idea of how everything is connected, if you would like to use a mining pool instead you can try our.
If you want to transfer funds from you wallet to an exchange or to another account, check out our. P.S. If you like the desktop background in the last 2 pictures, you can get it from here:.
Also now that you are happily mining visit our Ethereum page if you want too keep up to date with the.