Altcoins News

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

By Maheen Hernandez

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Ethereum Classic (ETC) Growing Numbers of Projects

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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.

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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.

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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…

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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…

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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.

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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.

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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.

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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.

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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.

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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.

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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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