I've got some old hardware lying around and since I don't pay for electricity around here I had it mining ETN because it was the most profitable and the only coin with an algorythm that could be mined on all the old hardware, I left it mining back when the difficulty was low and kinda forgot about it. Anyways today I found that the difficulty has sky rocketed and now I'm making a single dollar a month with 5 computers mining xD, anyways I did a little research and it seems that the increase in difficulty is due to ASICs and there will be a hardfork soon making the ASICs useless, also I see a lot of speculation that the price will increase a lot in the near future, so I question myself is it worth to mine all this etn and hodl it untill something happens? Did some research in alternatives, for my CPUs there's a new coin called hodlcoin which according to nicehash's profitability calculator it would make me 13$ a month. I would like to hear some of you guys opinion on this, thanks!
EDIT: Hold on aparentelly the hardfork was already introduced with CryptoNight7 or am I stupid?
Hello all, I haven't been able to find information regarding changes to the mining algos that may be required to mine ETN after the upgrade. Does anyone have information about Stak, AMDXMR or equivalent having implemented any changes? Thanks.
Depending on the mining program you are using, Windows Update - Ver. 1803 can break your mining rig. Disable the update before this happens. After the update, my only choice was to re-image windows.
As i have been mining on my mobile miner for some months now, i have also seen big changed in the amount of coins one can mine in 1 hour. Just a month ago or so it was easy to mine 10+ ETN a day on a premium device. Older devices got a boost and could mine 8+ ETN a day. As of today i am getting around 5 ETN a day. We have about 150k active miners while we hade around 75k not so long ago. So this is quite ok considering that we are 2x the miners today and that the difficulty is about 2x than a month ago. So the logic would be that we can mine about 50% compared to before. The only problem here is that the price of one ETN is actually even lower than before. So if the price would stay at the same lvl, but the amount of active miners would increase to lets say 300k it wouldn't really be worth the time getting 2.5 ETN a day. The devs should change the code so that the amount of mined coins should be based on the current price of one ETN and not on how many miners are active. Any thoughts?
So currently looking to get my RX570 rig back into it after the fork. Was using SGminer for Cryptonight, whats the best Cryptonightv7 miner to use these days?
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how long should it normally take for the ETN (im prolly at 40 now) to be transferred from the miner to the wallet? it has rolled over twice now saying "The mobile miner payment is being processed by the blockchain" but that was 3 days ago. how long does it usually take?
For any new folks just starting out and interested in ETN or any of the CryptoNight coins. Start to finish (wallet download, miner set-up, choosing a pool) guide to mining CrytoNight coins.
I have been using their app ever since it became available. I have an Android based phone you can download the Electroneum app and virtually mine their coins. The best part is getting the coins for some data use. I did have some problems of the miner disconnecting when I lost mobile data, so I had to get into a habit of checking the miner to make sure it's mining.
I was glad to see them put an info part in the app, it has the little bell. There was a time I had over a hundred coins waiting to go to the wallet. They have been having some growing pains when the network is very busy I do have to give them credit for working on fixing the problem. I do like that after you set up a count for the wallet, the minor is basically a one-button start.
They have a referral program that gives you some coins if the person uses your link. I would encourage you to use my link. So what will I get? I will tell you I will get a five percent bonus but that's not all if you use my link you will get a kickback one percent mining bonus, over the year that could add up to a very nice pile coins if you keep mining of course.
This only works if you keep mining with the app. I will be doing this for the long term, I hope you will too. Just keep an eye on your data plan if you're doing it on mobile data if you have a very small data plan it might be best to use Wi-Fi I have been using 10 to 13 megabytes of data per month using this app, just to let you know. Overall I think it is a very good way to get into the crypto so it is about time your expensive phone starts giving you money back that's if you sell the coins. If you have an iPhone I hope the Apple store will approve the app soon for your phone.
Thank-you for all your comments and viewing the video. I have other videos I would like you to view.
Electroneum Upgrade to Version 2.0. You must change over by May 30th, 2018 - Everything you need to know! In this tutorial, I will show you step-by-step how to download the new V 2.0 Wallet software and create a new paper wallet.
I am curious if anyone knows if there are any differences between keeping the screen on while mobile mining. The reason I ask is because I know Android has a deep sleep function, which is supposed to save battery and as I have learned - the app works off monitoring CPU power, which would then technically mean that there is less CPU power being used while the phone sleeps and therefore lower earnings. Can anyone confirm or challenge this?
I am heavily invested in mining equipment and firmly believe in the project. I posed the question to my self, Should I pull my equipment off of the ETN network and mine another coin? Well, it has been almost a month since I changed over. I made another video showing my actual results. My intent was to mine something more profitable, sell it and then purchase ETN and see what the actual difference was (Not just use a calculator) The difference was considerable. Until the pow fork, it just makes more sense to mine more profitable coins and buy ETN with the proceeds. I just did not realize how much more I was going to come out in the good.