Altcoins News
By Maheen Hernandez
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ETC Cooperative expressed, currently, miners are collecting around ~$1.5USD in daily mining revenue on Ethereum Classic —an amazing ~1200% increase YTD.
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There is a list of mining resources developed for Ethereum Classic. Those who have questions, there is an active Mining channel in the Ethereum Classic Discord.
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The Proof-of-Work mining algorithm for the Ethereum Classic network is Etchash since 28th of November 2020.
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Stevan Lohja, Developer Relations at Mantis IO thread on: Why I support an Ethereum Classic Treasury?
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Provides the funding for novel and new features (Sha3?); prevents the monopolization or franchise by a single entity (yall know what I mean); and funding to close the colossal…
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Also, Ethereum Classic PoW change to Sha3 will make ETC PoW more efficient than both Bitcoin and Ethereum Why? - Sha3 is smaller, faster, more efficient.
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ETC can be compatible with ETH while decoupling in key areas. Ethereum is a concept reaching it's terminal velocity and being deprecated for ETH2.
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For clarity, Stev is an ETC OG, having been part of ETCDEV, ETC Labs, ETC Coop and now IOHK!
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Why Mantis? A fully-featured client created by IOHK and variety to the ETH Classic client range and includes optimizations and upgrades to improve network security,…
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In the past Stev expressed, if Musk cancels Bitcoin then he must cancel Ethereum. Unlike BTC, ETH PoW was intentionally designed inefficiently to pressure the network to PoS.
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ETH centric media failing to inform you about ETC and go onto saying ETC's rise is because of ETH. Total nonsense!
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Users are left wondering: But will the introduction of the treasure cause a chain-split? Where can I read more on the Treasury?
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Many call ETC as a dead coin. Forth coming months should prove if they are alive.
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