Ethereum Classic is the remaining blockchain of after the hard fork event in July 2016. Where a hacker found a loophole in the smart contract called TheDAO. That gathered up around 150 Million USD in Ether from investors. Due to a large amount of funds stolen the Ethereum foundation decided to hard fork ETH. Concerns were raised but the hard fork vote was final. That’s when people with strong believes in immutability and against censorship decided to continue working on the old project, even if million of dollars of ETC was in circulation from TheDAO hack. To some, code is law.

So apparently there's a new spinoff of Ethereum called 'Ethereum Classic' that's based on the pre-forked. Ethereum Classic (ETC). I was mining ethereum in. 6 Ethereum Classic Mining Pools Worth Checking. When the Ethereum network split into ETH and ETC, Ethereum itself. The Coin-Miners Ethereum Classic mining pool.

Jun 16, 2017 - Now that Ethereum Classic is becoming a lot more popular, the quest to find a proper wallet solution is in full effect. There are quite a few different wallet solutions out there for ETC users, although some of them are slightly “better” than others. It all comes down to personal preference and the choice. Tweets by epoolio. Ethereum Classic mining pool © epool.io 2016-2018 Contact us: etc.epool@gmail.com.

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Ethereum Classic The Bitcoin of smart contracts Ethereum Classic is an open blockchain that all are welcome and free to use. We believe in distributed ownership. We believe that for a blockchain to succeed it must be decentralized in network, technology, community, and leadership. There is no group that can take away your right to use ETC how you choose. On many blockchains, despite their 'decentralization', a small few hold the ability to change how your contracts work and control your money.

On ETC we have taken great care to distribute our blockchain stewardship such that no one group controls ETC. Our highly decentralized ecosystem means that ETC does not have the same centralization issues of other blockchains. Website: ETC Community Forums • ETC Community Chat: • Twitter: • • Telegram: • (English) • (Russian) • (Russian) Network Status: • (Live network stats) ETC Nodes: • • (Run: $ parity --chain=classic) • (In development. Testnet only) Block Explorers: • • • ETC Resource Sites • • • ETC Wallets: • (Web Wallet) • (Web Wallet; Choose ETC top right) • (Built in ShapeShift) (Desktop Wallet; BETA) • (Desktop Wallet; BETA) • (ETC Chrome Plugin) • • • • • (Buy & Store ETC) • (Built-in Exchange) Help the project! Getting things done in a decentralized project is all about. Ask around on for what needs to be done., or contribute to existing ones: • • • Learn: • • • • • • • • • Core Development Teams • • • Discuss: • • • • Trade ETC: • • • • • • • • • • • • • • • • • • • & ETC Mining Pools: • • • • • • • • • • • • • • & Community Guidelines: • Follow and.

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Related Subreddits: • • • • • • •. Nexus NXS Miner Device. Ethereum, it is an interesting mistress, in all her forms. Flashback, November 2015. Surfing the web I come across cryptocurrency. I've heard of Bitcoin, never really got much into it. That being said, I decided to start buying bitcoin with the extra money I had.

I also started mining Evergreen with my 760ti (LOL) on my alienware X51. Linked a DGB wallet to my friends LoL accounts. Learning as I went, trying to gather as much BTC at 360-380 as I possibly could. I'm no stranger when it comes to dynamic markets. Being an EVE Online player for countless years has allowed me to learn how markets, supply and demand works. I decided to buy other cryptos, one particularly fascinated me and it was called ethereum.

It was only 400k sats then. Others I invested in slowly were, BTCD, FCT, MAID and DASH.

So I decided to take most of my hard earned BTC and transfer it to ETH. This kept going on until March, building two computers along the way to mine it as well.

Then a miracle happened. Having secured about 300 ETH, the price skyrocketed to 14.50 and I sold everything. This paid off the computers and my initial investment. So what did I naturally do? I bought my dream car for 5,000 dollars.

A beautiful 2003 BMW 325xi AWD with 110,000 miles on it, manual of course. I used to have an Oldsmobile Alero with 240,000 Miles on it and slowly dying; still its a good car. Crypto saved my life, bought the car and a week later we had a horrific snow storm. Drove thru 6 -8 inches of snow like a champion rally car. Living in a small community in Michigan where the norm is to have Chevys or Fords (Coke or Pepsi) this immediately started to turn heads.

People asked questions on how I am making money because they don't see me 'work'. This enticed a group of people in the capitol city to approach me and start a company called Green Coin Network. (Hate the color scheme and logo by the way, no one ever hears what I have to say lol) These guys are very new to crypto and I decided to go in with them and help start this (20% shareholder). About the same time the company launched I accomplished my goal of getting a degree before I hit 30. Big things were happening, ETH just hit 20USD and I cashed out again. These guys were getting really envious at this point and wanted to get in on it.

So they started buying ETH, I told them they have to be careful because I just sold mine and it crashed the next day. About June 20th they bought in at 14USD. Due to all the DAO drama one of them panicked and sold at 11USD. I could tell they were new at this, but so was I.

Things started to get confusing. We were to build a mining center and our target was 5GH.

Since the price of ETH was lower than anticipated, the guys started panicking. We got the company running, but we were not selling contracts, no one knew what these mysterious machines were, what ETH was, or cared for that matter. I really wanted a real job, but wanted to see this mining center get put into reality. I knew I could do it. July 2016 comes around.

July 4th, I am out having a few beers blowing up fireworks with my buddies and our ladies. The conversation turns to the company GCN. They ask me if I want to start another company.

10,000 each person needs to invest. This point I was really wary as I don't have the funds to do this.

Being the stand up gentleman as they are, they gave me a 5,000 and a 2,500 0% interest loan. We all have 33 1/3 shares of the company FTR Mining LLC.

The last 2,500 I owed to invest was covered by my 5xR9390 I built after I combined all my cards on a 5 PCI-e Board. The computer was already paid off so that was a plus for me. We then built our own open air case with angle aluminium which we mass produced for 10 computers. By the middle of July, we had 10 computers 5xR9390 and two 6xR9390x operational, running on 240V, pushing out around 1.3 - 1.4 GH on dwarfpool. It was beautiful to watch. My dream has finally become a reality.

Now its the end of July, the fork. Something a long time coming. Mob mentality has always really bothered me as it lead to many negative things happening on our small planet.

Everyone has their own opinion about the DAO and the ETH fork. That being said, it was something that was pushed down everyone's throats so fast, any intelligent person can see something fishy was afoot. When I saw the original blockchain was going to be attacked by Guo to try and kill it, we had to do something. I called my partners and told them we have a VERY high risk, but potentially VERY high reward opportunity.

Being risk takers they encouraged me to join the Classic chain. I couldn't believe the volume of ETC coins we were putting out. It was amazing to see.

(New address to prevent replay attacks, was mining in old ETH addy at first) ( 0x3a9ede98dac4967cb0afb101438e5a6f5d887061) I have come to understand this incident is an opportunity for all new miners to get the same coins from the same technology for a fraction of the cost. Long term it allows ETC smart contracts to be run at a much lower cost (when bought at this price) if ETC hits parity with ETH. I am still into ETH, but at a much smaller investment. Still, I am appalled by how fast these votes happened. I did not know what this carbonvote crap was until after the fork, Dwarfpool let you vote but you needed the IPs of a bunch of different computers.

It was all really confusing for people new in this field of work. I also learned during the fork that ethics are relative to the observer (DAO hacker). This is the worlds first cyber civil war. Although no one actually is killing anyone (That we know of).

So lets keep this war civil and work together (ETH and ETC) to astonish the world. We CAN do it. If Chandler Guo is reading this, I sent you a friend request on linkedin. Would love to talk to you about your setup.

On a side note, I have two interviews today and tomorrow that might give me a stable income. Life is changing and it is good. TLDR: ETC can be a life changer, but be careful in this fear market.

It is worth mining and securing the network. -Kobra Update: I did get the job and its a good one =) • • • • •. I really believe there will be a niche for both communities. If lightning networks pan out and work, it will be a game changer for banking cartels. If you can move money from point A to point B in a minute or less. You can change the world. While ETC will be more of a playground for decentralized world citizens which one can do business with one another in an extremely fast POW system hopefully powered by the SEG.

(Long time stock holder of the SEG since 2010 before you have to have a net worth of 1 mil) • • • • •. If the people leave ETC if price + hashrate goes down, I make more in the long run by holding and continuing to mine on a chain with a lower hashrate; this is why i like to see 750GH shedded off of ETH a few months back when enigma was being tested.

When it was on, I made less, when it was off I made more. Bills are paid like I said. So yes if it becomes unprofitable (below 100k sats) I will still mine it because all currencies have gone down and bounced back. Not like I cant sell other currencies to pay for the electricity.

This month we have been pure profit for 20 days, 11 days to pay electric. Edit: one 280x still makes 71 cents a day compared to eth at 78 cents per day. So not really worried about it becoming 'unprofitable' • • • • •. I mined early on when no one thought you could trade it because I think immutable smart contracts are important and worth sacrificing money for, like how i waste money to seed torrents, there are other motivations Pragmatically speaking, thinking about greater long-term goals will strengthen your will to resist this pressure.

If you focus your mind on the freedom and community that you can build by staying firm, you will find the strength to do it. “Stand for something, or you will fall for anything. And if cynics ridicule freedom, ridicule communityif “hard-nosed realists” say that profit is the only idealjust ignore them • • • • •.