{"id":636,"date":"2022-11-04T12:30:27","date_gmt":"2022-11-04T12:30:27","guid":{"rendered":"https:\/\/ethereumclassicwallet.com\/articles\/?p=636"},"modified":"2022-11-04T12:30:27","modified_gmt":"2022-11-04T12:30:27","slug":"ethereum-classic-best-pools","status":"publish","type":"post","link":"https:\/\/ethereumclassicwallet.com\/articles\/ethereum-classic-best-pools","title":{"rendered":"Ethereum Classic &#8211; the best pools for mining"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The history of the coin began in August 2016, when individuals banded together to maintain and continue Ethereum on the original blockchain. It is based on fundamental principles such as freedom and non-interference by third parties, as well as decentralization.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In fact, <\/span><a href=\"https:\/\/ethereumclassicwallet.com\/articles\/ethereum-classic-present-future\"><span style=\"font-weight: 400\">Ethereum Classic<\/span><\/a><span style=\"font-weight: 400\"> (ETC) is the closest to the original blockchain that Vitalik Buterin came up with. But Ethereum itself is its clone.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Ethereum Classic is a public decentralized platform that supports <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/Smart_contract\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">smart contracts<\/span><\/a><span style=\"font-weight: 400\">. The basis of this project is its own digital currency.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The environment ensures the free operation of services and applications, as well as allows users to manage digital assets without banks and other financial institutions acting as intermediaries.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Characteristic features of the project include:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Full decentralization<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Stability (information in the registry has been stored since 2015)<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Invariability (no changes from the outside).<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Speaking about ETH and ETC, we can&#8217;t but compare them to find the key differences.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Ethereum Classic has a limit, whereas in the case of Ethereum there is no limit.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Ethereum has a &#8220;difficulty bomb&#8221;, whereas in the case of its opponent it is not provided.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Transition to the PoS algorithm for ETC is not planned, as it is considered to be less secure and less resistant to centralization.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">In general, despite the fact that ETC is not that popular and has a smaller capitalization, it was able to gather around itself a sufficient number of adherents. It is a token of a blockchain platform that is also paid as a reward for mining.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The blockchain project helps improve the way values and assets are exchanged in the world of digital money. One of the developers&#8217; goals is to introduce the Internet of Things, which involves interaction between objects in a way that minimizes human involvement.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As of 04.11.2022, the following characteristics can be highlighted:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">value $25.06<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">capitalization $3.4 billions<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">supply volume 137.7 millions ETC (65%)<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">146.55 TH\/s<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-639 size-full\" src=\"https:\/\/ethereumclassicwallet.com\/articles\/wp-content\/uploads\/2022\/11\/etc-pools-intext-picture1.jpg\" alt=\"Ethereum classic chart\" width=\"962\" height=\"511\" srcset=\"https:\/\/ethereumclassicwallet.com\/articles\/wp-content\/uploads\/2022\/11\/etc-pools-intext-picture1.jpg 962w, https:\/\/ethereumclassicwallet.com\/articles\/wp-content\/uploads\/2022\/11\/etc-pools-intext-picture1-300x159.jpg 300w, https:\/\/ethereumclassicwallet.com\/articles\/wp-content\/uploads\/2022\/11\/etc-pools-intext-picture1-768x408.jpg 768w\" sizes=\"auto, (max-width: 962px) 100vw, 962px\" \/><\/p>\n<p><span style=\"font-weight: 400\">As mentioned above, ETC is a closer version of Vitalik Buterin&#8217;s original idea and adheres to the principles of stability and decentralization. Experts note the high liquidity of the altcoin.<\/span><\/p>\n<h2><b>Providing, usage and mining of Ethereum classic<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Despite the fact that Classic has no backing in the form of fiat money or any assets, the developers have taken care to maintain its stability. For example, in the form of setting up limited issuance, forks, as well as partnerships with exchanges and large companies.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The main functions, as well as directions for its use, include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">participating in the launch of smart contracts and applications<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">conduction of transactions<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">tool for getting rewards for mining<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">way to pay for goods or replenish the balance in online services<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">exchange transactions<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The main ways of obtaining ETCs include:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">mining<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">purchase<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">transfer<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Mining is done through farms or <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/Application-specific_integrated_circuit\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">ASIC<\/span><\/a><span style=\"font-weight: 400\"> miners. Both solo mining and pool mining are available if the user chooses. A separate incentive to get ETC is Ethereum&#8217;s transition to the PoS algorithm, which occurred on 9\/15\/2022.<\/span><\/p>\n<h2><b>Top 5 pools for ETC mining<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-637 \" src=\"https:\/\/ethereumclassicwallet.com\/articles\/wp-content\/uploads\/2022\/11\/etc-pools-intext-picture2.jpg\" alt=\"ETC logo\" width=\"1095\" height=\"525\" srcset=\"https:\/\/ethereumclassicwallet.com\/articles\/wp-content\/uploads\/2022\/11\/etc-pools-intext-picture2.jpg 730w, https:\/\/ethereumclassicwallet.com\/articles\/wp-content\/uploads\/2022\/11\/etc-pools-intext-picture2-300x144.jpg 300w\" sizes=\"auto, (max-width: 1095px) 100vw, 1095px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Ethermine<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">2miners<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Hiveon<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">F2pool<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Poolin<\/span><\/li>\n<\/ul>\n<p><b>Ethermine<\/b><span style=\"font-weight: 400\"> is the largest pool for ETH mining, supports a total of 7 coins and was opened in 2016. According to the average data, about 75 blocks are added per hour. It runs on four servers, and the software is released for Windows and Linux and supports Nvidia and AMD graphics cards. As of 04\/11\/2022, the hashrate is 26.5 TH\/s and the commission is 1% PPLNS.<\/span><\/p>\n<p><b>2miners<\/b><span style=\"font-weight: 400\"> is a multicurrency pool that supports over 18 coins as well as different mining algorithms. The project is open source, the servers are located on different continents. Free notifications are available via email and Telegram. As of 04\/11\/2022, hashrate is 17.6 TH\/s, the commission is 1% PPLNS.<\/span><\/p>\n<p><b>Hiveon<\/b><span style=\"font-weight: 400\"> is a stable leader in mining not only ETC, but also ETH. The main feature of the pool is the absence of commissions. Servers for ETC mining are located in Russia, Asia and Europe. There are 3 coins available in the pool. As of 04\/11\/2022, the hashrate is 15.2 TH\/s, 0% PPS+ commission.<\/span><\/p>\n<p><b>F2pool<\/b><span style=\"font-weight: 400\"> is one of the first pools started in the world. It opened in 2013. Leads not only in ETC mining, but also BTC and LTC. Supports more than 20 coins. As of 04\/11\/2022, hashrate is 27.7 TH\/s, commission 3% PPS.<\/span><\/p>\n<p><b>Poolin<\/b><span style=\"font-weight: 400\"> is a tech pool with support for 10 coins. It offers comfortable features and tools to work with. Opened in 2017. As of 04\/11\/2022, the hashrate is 8.0 TH\/s, 3% PPS+ commission.<\/span><\/p>\n<p><span style=\"font-weight: 400\">ETC mining is available on 84 pools.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>The history of the coin began in August 2016, when individuals banded together to maintain and continue Ethereum on the original blockchain. It is based on fundamental principles such as freedom and non-interference by third <a class=\"mh-excerpt-more\" href=\"https:\/\/ethereumclassicwallet.com\/articles\/ethereum-classic-best-pools\" title=\"Ethereum Classic &#8211; the best pools for mining\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-636","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mining"},"_links":{"self":[{"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/posts\/636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/comments?post=636"}],"version-history":[{"count":1,"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/posts\/636\/revisions"}],"predecessor-version":[{"id":640,"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/posts\/636\/revisions\/640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/media\/638"}],"wp:attachment":[{"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/media?parent=636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/categories?post=636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethereumclassicwallet.com\/articles\/wp-json\/wp\/v2\/tags?post=636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}