What is Ethereum Classic? How to mine Ethereum Classic?

221275 views Mining Copy share

Ethereum™ and Ethereum Classic were once the same blockchain.

What is Ethereum Classic? 

A highly questionable "coin vote" led Ethereum Foundation to support the Hard Fork, breaking their neutrality.The Hard Fork caused a chain split, resulting in Ethereum Classic.

Ethereum Classic, being technologically very similar to Ethereum, shares a body of work in user guides, tutorials and walkthroughs that apply to both chains. As far as the protocol goes, everything that you can do on Ethereum can be done in pretty much the same way on Ethereum Classic.

How to mine Ethereum Classic?

The mining algorithm of ETC has been changed from Ethash to Etchash after the Thanos hard fork at block 11,700,000, which means Ethash ASICs and rented Ethash hashpower from NiceHash are not able to process the new algorithm and mine ETC.

Additionally, the ETC network's DAG file decreased in size. With this decrease, 3GB and 4GB GPUs are not able to continue mining ETC. You need to update your configuration and restart your mining machines to continue mining after the hard fork.

Ethereum Classic can be efficiently mined with GPU mining machines.You'll need to get a wallet address if you don't have one already. An Ethereum Classic wallet address is required for you to receive and monitor your mining revenue.

GMiner and NBMiner are popular options for mining Ethereum Classic.

Disclaimer : The above empty space does not represent the position of this platform. If the content of the article is not logical or has irregularities, please submit feedback and we will delete or correct it, thank you!