You need to update your configuration and restart your mining machines to continue mining after the hard fork. We have detailed information on how to complete these steps available in our ETC mining guide. To get more familiar with Ethereum Classic, feel free to check out the official website and block explorer. You can also find a summary of Ethereum Classic metrics and other resources on our Ethereum Classic page.
View our Miners page to discover the most profitable devices for Ethereum Classic mining. An Ethereum Classic wallet address is required for you to receive and monitor your mining revenue. We recommend Cobo Wallet or Bixin Wallet. You can also choose an exchange, such as Binance or Huobi. Note: You should always do your own due diligence when choosing a wallet provider or exchange. After you plug the internet cable, your machine will automatically get an IP address from the network. Once there, you will have to set the mining pools.
Fill in two or three servers for Ethereum Classic mining to switch to another pool if the first one is not working. For instance:. If Pool 1 fails, the miner connects automatically to Pool 2. Note, you can leave the password field empty. This article will use Nanopool and F2pool as the Ethereum Classic mining pools due to their quick start apps. First and foremost, you need to go to Nanopool.
Once you have done this, you will see a set of five instructions. Once you have selected any of them, you will be directed to GitHub to download the mining software. However, you will download it as a. Once you have downloaded the Claymore files and unzipped them, you need to get a configuration file to run them. Different tools can do this, but Nanopool has one that you can use to configure the Claymore files.
This config file states some vital parameters such as the correct server to connect to, the ETH address you need to send your earnings to, and the address to which you send your second earnings Siacon or PascalCoin. You must choose a secondary wallet to send your earnings to, so you will either select Siacon or PascalCoin wallet.
Download the file and extract the contents dpools. Then click yes to overwrite the files when asked to. The miner will first verify all parameters, and then it will launch the mining software. If everything has been confirmed, the software will begin the mining process. With FinMiner mining software, you will need to perform some tasks. Like Claymore, you need to download the.
Zip file from Github source for the FinMiner. Once you have downloaded those, then extract them and configure them. Open the config. Once you are done, run the Finminer. Then you can start mining. This section will take a detailed look at how to mine Ethereum Classic using the F2Pool mining pool. Here is what you need to do if you want to use F2Pool.
These mining hardware are suitable for Ethereum Classic mining, irrespective of the mining pool you are using. You can either use Exodus wallet or Cobo wallet, as we have recommended earlier on in this guide.
You can also choose an exchange such as Binance or Huobi. But in this section, we will focus on GMiner and NBminer for this mining pool. After downloading GMiner or NBminer, you need to uncompress it, find the start. Then replace the existing commands with the following.
Note these commands are for each of them. For GMiner software, use this command: miner. Once you are done, save the start file and exit, then double-click the start file to start mining right away. This is slightly a less expensive way to mine Ethereum Classic.
Cloud mining allows you to skip electricity issues and use expensive hardware equipment. In this method, a provider operates and takes care of the necessary hardware and rents it out to you once you sign a contract. Some of the best cloud mining providers for Ethereum Classic are hashflare.
You can be paid in cryptocurrency once you request a withdrawal. You can calculate how much ETC profits you will get once you mine. The Ethereum Classic calculator uses your mining hardware hash rate, network difficulty, and coin price to calculate what you will earn after you have mined at the end of the day.
The Ethereum Classic calculator information is updated constantly with the current block mining information. However, this information is used as the default inputs for the ETC mining calculator and the default hash rate. Ethereum Classic is still profitable — based on the mining hardware hash rate of A good thing about mining Ethereum Classic is it requires low hash power and electricity consumption.
Nonetheless, a robust gaming laptop would be suitable to mine Ethereum Classic. Furthermore, another great thing about mining this token is that you can even dual mine SiaCoin and PascalCoin. I hope I have explained enough on how to mine Ethereum Classic.
At the time of writing, it would take three days to mine 1 ETC at the current Ethereum Classic difficulty level along with the mining hash rate and block reward. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.
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All rights reserved. Terms Privacy. About Advertise Contact. Bitcoin Cash. Ethereum Classic. Nov 13, at pm. Overview of Ethereum Classic. What is Ethereum Classic mining? Is it possible to mine Ethereum Classic? What algorithm does Ethereum Classic use?
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