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JASMINER mines ETC to maximize investment benefits

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JASMINER mines ETC to maximize investment benefits

March 23
05:31 2022

Ethereum Classic (ETC) is an open source platform based on blockchain technology, its main focus is on smart contracts, allowing people to exchange money, property, stocks without a middleman, which is the code for any item of value. It shares many of the same features as Ethereum (ETH), such as the Ethereum Virtual Machine (EVM), proof-of-work mining mechanism, and Gas.

ETC adheres to the concept of decentralization, and firmly believes that once the blockchain is initially operated, its development direction will not be controlled by any central team, but will be determined by the gathering of personnel participating in the entire network and the hash rate of the entire network.

Ethereum Classic can use hash rate to mine Proof of Work (PoW). However, Ethereum Classic announced that its total supply is around 210 million coins, unlike Ethereum (ETH) which has no limit.

Again like Ethereum, Gas is used to provide a metric of the cost of getting work done on the blockchain, and many other functions are broadly similar. ETC is the driving force behind the Ethereum Classic blockchain network, which can also trade other cryptocurrencies on several exchanges.

Ethereum Classic also currently has an active community and recently joined the Enterprise Ethereum Alliance. It’s done building and deploying sidechains, which is something Ethereum is still trying to do.

Regarding ETC, the founder of Ethereum once commented: “While Ethereum is attracting all the media attention, Ethereum Classic seems to play the role of a dark horse.” He believes that Ethereum has developed to a certain bottleneck, and ETC has returned to the tradition of the Austrian School of Economics, and has planned to reduce production in the way of Bitcoin, and the final total will not exceed 230 million. If there is no scarcity, what is the difference between digital currency and real-world fiat currency? At most, the miners are swapped with the real-world central bank. Central banks around the world are frantically printing money to dilute the wealth of ordinary people. Is digital currency going to follow the same path? What is even more frightening is that ETH does not even have a monetary policy at present. The specific policy can only be determined after it is converted to PoS. So who can determine this monetary policy? Another centralized Ethereum Foundation. For supporters of digital currency, what we need is clear expectations, and the total amount of ETC is limited, which is more in line with the characteristics of digital assets.

At present, for investors in the currency circle, it seems that there is no need to overcome any mental barriers to invest in Ethereum Classic, because after years of development, the ecology and status quo of Ethereum Classic has been revealed to everyone. In fact, there are many opinions that there are still some problems with the performance of Ethereum Classic. So there will be other varieties other than Ethereum Classic in the future, but investors who hold this view will not deny the value of Ethereum Classic, at least for now.

As we all know, there are two ways to obtain Ethereum Classic, one is exchange trading, and the other is mining. The income of Ethereum Classic mining has a direct impact on the hash rate of professional mining rigs. The higher the hash rate of the mining rig, the higher the daily income. Assuming that the Ethereum Classic mining machine gains one day, the actual analysis can be performed with Ethereum Classic calculations. After subtracting the electricity bill from the total income of the day, and then calculating the future income reasonably, it is possible to estimate how long it will take for the investment in the Ethereum Classic mining rig to return to the original capital, and how much a mining rig can earn in a day.

In 2022, a blockbuster ETC flagship mining machine will be unveiled, and its powerful performance has been widely recognized by the market. It is the JASMINER X4 High-throughput 1U -C server. As the latest and most important flagship product for mining ETC, the JASMINER X4 High-throughput 1U-C server is equipped with the world’s first high-throughput computing power chip developed by JASMINER, which mainly supports the encrypted digital currency mining of ETC. The chip uses a new heat dissipation technology and a global optimization customization scheme, and the performance of the whole machine is further improved. With the advantages of high hash rate, low power consumption and strong stability, the JASMINER X4 High-throughput 1U -C server has been highly recognized by the global market since its launch. The official website has been sold out many times, and the market has received enthusiastic response.

In terms of performance, the JASMINER X4 High-throughput 1U -C server product once again created a new historical high in the same series. In the standard mode, the hash rate is as high as 450MH/S±10%, and the power consumption in the low-power mode is only 240W±10%.

As a professional ASIC Ethereum Classic mining rig provider, JASMINER can provide stable interest income for ETC digital asset management under the current uncertain market conditions. It is the best choice for stable investors who have just entered the blockchain field, lack first-line investment experience, or even have been in the industry for many years.

Media Contact
Company Name: JASMINER
Contact Person: Panda Hou
Email: Send Email
Phone: 400-022-3866
City: Beijing
Country: China
Website: www.jasminer.com