The Currency Analytics

Ethereum Classic (ETC) on Hive OS Launched Mining Pool and New Billing Cycle

By Maheen Hernandez

Ethereum Classic (ETC) Growing Numbers of Projects

Previously, it was stated that both the free and paid Hive OS users who switch to ETC pool to be able to use Hive OS for free until 19.06. 2020.

Users had two options: One is to pay for Hive OS on Hiveon Pool with 3% dev fee while mining Ethereum or Ethereum Classic, or pay $3/month per rig as usual.

Ethereum Classic tweeted:  “Paid users will pay for #HiveOS at the expense of a 3% commission for $ETC mining, while users with 2-4 rigs can still use Hive OS for free while…

From now on the billing is set to be calculated with a 5-minute interval and users will be able to mine preferentially for the night tariff electricity with 5 or more rigs and…

Also, 4 free rigs are made available to those who mine Ethereum or Ethereum Classic on Hiveon Pool and to those who mine other coins.

Sydney Ifergan, the crypto expert tweeted:  “Ethereum Classic (ETC) miners hopefully are ready to move ahead with mining after the new changes in the billing.

The good thing is that miners are paid for every valid share which they submit to the pool.  More settings and statistics are getting added soon.

There are increasing numbers of projects which are getting built on the ETC network.  This in turn contributes to the growing possibilities to build more of crypto projects.

Ethereum Classic tweeted:  “When projects built on top of Ethereum Classic are growing, it's positive for both the project itself and the underlying blockchain.

The commonwealth.gg, a global savings fund, who claim to be the largest DeFi on the Ethereum Classic Network, began in 2018 and their ERC20 is $WLTH.

Several such projects are contributing to the overall growth of the ETC ecosystem.  There is always a need for new contributors and new ideas.

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