ETC (Ethereum Classic), may not be seen by most investors. One reason is because the price of 'like' is difficult to get a bigger market compared to Ether (ETH) that offers DApps.
But in terms of manufacturing, how to mine Ethereum Classic (ETC) is the same as Ether (ETH) that supports GPU miners. In May 2016, DAO built Ethereum with around 168 million dollars for a project that uses smart contracts.
In June around 3.6 million Ether were stolen from the DAO account. Voting was carried out last 2016 and decided to implement hardfork code Ethereum to take back the lost Ether to its owner.
The beginning of Ethereum Classic happened here, where several members of the Ethereum community refused hardfork on the grounds that the blockchain cannot be changed. This decision then creates two crypto, namely ETH and ETC is the original version of Ethereum.
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ETC (Ethereum Classic) is an open source distributed platform that offers smart contracts in it. With the Ethereum Virtual Machine (EVM) system capable of executing scripts using a public Node network.
The classic Ether token is traded on a cryptocurrency exchange with the ETC symbol to distinguish it from ETH. In this network, Gas applies, namely the mechanism for pricing internal transactions. Gas is used to prevent spam on the network and allocate it as an incentive to miners and developers.
# Mining Ethereum Classic Technique
Then how to mining ETC (Ethereum Classic) while supporting decentralization ...?. There are many pool mining that can be used to get incentives, and mining is faster than mining solo. Here are some practical steps to choose from to mine ETC:
1. Specifications of Computers Notice
Before starting mining, you should first check the specifications of your computer. Standard mining that produces and does not harm, provide 3 AMD / NVIDIA 8GB graphics cards.
This specification is enough to cover operational costs and the profits can be taken every month. Current GPU minimum specifications up to 4 GB RAM for ETC coin mining.
2. Join in the Mining Pool
Mining Ethereum must join the mining pool that has been provided. Make sure that this pool is trusted so that your mining results are not taken away later.
The trusted pools include Nanopool and Minergate. Choose one of them, and stay consistent in the pool. So, before starting, you should look at and make your choice
3. Mining software must be downloaded
Generally mining pools have recommended mining software, this can be seen on the reference page of each pool.
You can also use ClayMore released on Github. Meanwhile, Minergate has its own software from their pool.
To first play cryptocurrency, you should use the Minergate application that has been designed for its users. You don't need to be confused about how to mining Ethereum Classic because there are no additional settings in this application.
Just enter your username and password, then select the coins to be mined. The minimum withdraw and pool fees are also low, competing with other mining pools.
Those who have not registered can go directly to the Minergate website. Already understand, do the mining right now ...