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I know this will be disappointing to the many of you GPU Mining.
I would suggest mining something else and use the profits to buy one of these new machines, or just take your profits and buy ETN on the market.
If new miners are coming out, that are ASICs that can beat algos that are ASIC Resistant, then that is the issue here, not the decision the Devs just made.
Like I said, I know this is disappointing to many of you, but if this is a widespread issue that will affect our similar POW competition as well, its the new ASICs that are coming that everyone should be upset with, not the Devs that are making a wise decison and getting out ahead on this.
These new "ASICs" that are reprogramable is a disappointing development in crypto as a whole.
Its comforting to see that we have a Dev team that wont let developments such as this affect the success of the project and its action steps and goals, that will make Electroneum the first coin to achieve true mass adoption.
Everything is still on schedule!!
Everything will be ok,
Contraband
ETN Community Manager
not an unbiased mod or admin ; )
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Most of the Top 20 cryptos are vapor; ideas and concepts with zero tangible product and limited to no use for day-to-day application whatsoever. Have I offended one of your tribes or are you still with me? Remember the Proverb. ETN are about to (I believe) take this entire cryptospace by storm with not just one -- but many -- real and actual products (Mobile Miner, Insta Payments, Vendor API, KYC/AML system under development, and several other real items I won’t mention). Who else is doing this? (rhetorical). Point is, action is everything and ETN unlike other crypto projects actually executes and delivers on its vision with real tangible items already being used -- and this makes all the difference.
It's kind of like if all these other cryptos are promising really cool designs and concepts for a new automobile, and people are investing heavily in their ideas because it sounds so cool...but one minor problem: nobody is making the damn things. Their production lines remain empty but the promises and visions keep building. But still no automobiles are being produced.
Then Electroneum comes along and rolls out a whole fleet of these incredible vehicles! Here's the mobile miner — hop in and take her for a spin it's ready to roll! Vendors, here you go, an instant payment solution that is FREE unlike the 1-3% merchant charge Visa and Mastercard have, and stay tuned we are rolling out more.
Here's the deal, there will be a tidal wave of interest, I believe it, because ETN has and continues to deliver on its promises with impressive and real products (not vapor) that are currently being used and are now ready for the global masses.
Nice but sounds more like a fantasy story  I've seen just as many ETN's come and go promising pie in the sky. With good devs.... With that said, I certainly hope your correct! lol Time Sent Transaction Hash Amount Mixin 7/1/2018, 7:04:21 PM 263.0000 0 7/1/2018, 6:34:07 PM 153.0000 0 7/1/2018, 5:33:57 PM 169.0000 0 7/1/2018, 5:23:49 PM 612.0000 0 And the days not over yet... Ya I'm back mining ETN  PS: Even on a bad day this coin should be trading around 6-700 as it used to be or more...... this 160 crap just ain't gonna cut it. I am encouraged with the current buy power atm. He referenced the "pie on the sky" coins as well What he referenced about ETN were mostly things that ARE NOT vapor and are done already!! His point is just that; ETN is NOT a fantasy story. Glad to see you back. Mining ETN is a no brainer if you can afford to hang on to the coins and sell at a much higher future price |
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Most of the Top 20 cryptos are vapor; ideas and concepts with zero tangible product and limited to no use for day-to-day application whatsoever. Have I offended one of your tribes or are you still with me? Remember the Proverb. ETN are about to (I believe) take this entire cryptospace by storm with not just one -- but many -- real and actual products (Mobile Miner, Insta Payments, Vendor API, KYC/AML system under development, and several other real items I won’t mention). Who else is doing this? (rhetorical). Point is, action is everything and ETN unlike other crypto projects actually executes and delivers on its vision with real tangible items already being used -- and this makes all the difference.
It's kind of like if all these other cryptos are promising really cool designs and concepts for a new automobile, and people are investing heavily in their ideas because it sounds so cool...but one minor problem: nobody is making the damn things. Their production lines remain empty but the promises and visions keep building. But still no automobiles are being produced.
Then Electroneum comes along and rolls out a whole fleet of these incredible vehicles! Here's the mobile miner — hop in and take her for a spin it's ready to roll! Vendors, here you go, an instant payment solution that is FREE unlike the 1-3% merchant charge Visa and Mastercard have, and stay tuned we are rolling out more.
Here's the deal, there will be a tidal wave of interest, I believe it, because ETN has and continues to deliver on its promises with impressive and real products (not vapor) that are currently being used and are now ready for the global masses.
Exactly, And add to that we are poised to pass Bitcoin in total # of user in 6 to 12 months. Right now we sit close to half of BTCs total number of users, with the FIRST marketing push set to start soon. Look out! Put all this together with BTCs next run most likely to push towards a Trillion MC, and the price of ETN right now is absolutely a steal. *bias alert. I am the ETN Community Manager, not just a neutral mod/admin |
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all hash rate for now is about 30 MH/sec - 20.5 nanopool, 2 fairhash, 1 spacepools, 1 hashvault and lees others...
but difficulty is 19000137766 - its equals 158.33 MH/sec
why?
because of difficulty adjust 80 blocks and some cheater uses this.
he is mining with approximately 140 MH/sec (some hidden/private pool or solo) about 2-3 hours on low difficulty 80-100 blocks,
then difficulty adjust and he stops...
after that nanopool (20.5 MH/sec) is finding blocks with high diff not 2 min/block, but 15-20 min... for others its hours..
may be difficulty adjust must be less then 80 blocks? 5 - 10 for example?
may be its 250-300 blocks look at blocks 308036 - 308300 a lot of cases when in 1 minute someone found 3-4 blocks (308091 - 308094)! its about 15-20 sec / block, but it must be 2 min / block and now this ninja miner with 100 MH/sec doing that again and again... he mine with low diff almost all blocks and then other miners (nano, fairhash, etc) sucks with high diff... and again, and again, and again... here is real hashrate of etn: http://joxi.ru/Y2L55Dyi97gL8Aits 26MH/s!!! BUT! with the current difficulty adjustment nicehasher wait for low difficulty, and then he mine block with average time 10 sec (ever 5) instead 2 minutes until you increase the difficulty to its level. this nicehasher gets super profits (average X10 from normal reward) and immediately dumps etn! after that he stops mining and fair miners remain the high difficulty, because of this block found with average time 20-30 min you can check it here (look at the age): https://blockexplorer.electroneum.com/devs should reduce the difficulty adjustment time to a minimum (possibly 2-5 blocks)! then the blocks time will be stable 2 min as they should, nicehasher will not have super profits and therefore it will not make sense to attack the network ETN again and again, this terrible dump will stop finally. many of other smaller coins already made this setting. for example: intense, iridium (this coin has only 1 dev!), and others. since the date of the fork has been a month, the situation is repeated again and again. do the developers not see it or it is so difficult for them to make such difficulty adjustment? contraband, please answer! Not sure if they will be doing anymore adjustments soon. I do understand the concept, and that may be something that is looked into down the road. What will help ETN the most is demand. |
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Remember! Free bonus by finding blocks!Also I am thinking of switching my Vega 56 to mining ETN (doing XMR currently) with Joen.
Please do (a big thanks!) and welcome to the community! We keep mining! Yes i am thinking about doing an ''free'' give away.. What do you people think about it? Like; 30 random people (or something) what is helping for the first 3 blocks on http://joenpool.tk get 50 etn at each address they are using (i pay them from my own wallet). CPU miners get free ~10-25 ETN for each first 3 blocks (min payout is 10 etn so min reward can be 10 also) GPU miners get free ~25-50 ETN for each first 3 blocks I just got my rewards from nanopool, guess what; 6 days mining for ~30 etn.. I can give beter rewards then that! The bonus ETN is a cool idea @ http://joenpool.tk Good to see new pools with new ideas Spread those hashes around guys |
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We are back to ICO price
Remember, todays price doesnt change what the value will be in the future.
Take this as a golden opportunity to stock up on ETN.
I told everyone this could happen back when we were still at 2.5x ICO.
When our partnerships start actively bringing on new users, and the first marketing push starts, this is when ETN will skyrocket.
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JoenNL, I cant link to your pool? There is no option to mine directly to an exchange, this pool is not for mine-dump. This pool is more for holders and open for everybody. That kinda sux because I am done messing with paper wallets and forget the simple wallet. And I dont use a mobile wallet Just because one may mine to a pool surely does not mean one is a mine and dump miner... Just a good convenient place to store coins and makes it easier when the price is right to sell. Basic business practice  Good Luck however!! Why not using the mobile miner though? Do you believe having your coins on the exchange with all those hacks being done by time to time is safer than having them on your phone and storing the private key somewhere safe? I understand that you want to sell on a price hike but still... I wouldn't risk it with an exchange for long times. Being unable to mine to an exchange is the best thing Ive heard all day. It causes issues for the exchange. I don't think so, as far as being problems for an exchange. First they need the business. Secondly I have mined ZCash for almost a year to Bittrex as well as other coins, XMR etc. and never an issue or complaint. So long as a conscious effort is made to limit the exchange payouts to larger amounts being sent from the pools. like 500 vs 10 less frequency I'm inclined to think they do not like payouts from the more rare old style p2p pools where the miner has no control over the payout minimums... where you might see fractions of a coin payouts. Which in ETN's case could cause a lot of unwanted traffic on the exchange servers eating up bandwidth, processing power etc. Don't get me wrong, Ill use a good wallet installed on my PC any day over use of direct exchange deposits, depends on which is more practical at the time Yes, you are correct about the exchange having the issue mostly with a ton of super small deposits. You making sure that you limit yours to bigger deposits is why you havent been banned. Still, if you like the exchange, I wouldnt do it because once you get banned there are usually no 2nd chances. Also, you dont want other seeing you say its ok and doing it wrong, and getting banned. In the past, Ive seen coins get delisted because too many from the community were doing it. Plus, your own wallet is much, much safer.  And, Only n00bs mine to the exchange . Whats up with that? Your Legendary!!!! jk LOL |
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JoenNL, I cant link to your pool? There is no option to mine directly to an exchange, this pool is not for mine-dump. This pool is more for holders and open for everybody. That kinda sux because I am done messing with paper wallets and forget the simple wallet. And I dont use a mobile wallet Just because one may mine to a pool surely does not mean one is a mine and dump miner... Just a good convenient place to store coins and makes it easier when the price is right to sell. Basic business practice Good Luck however!! Why not using the mobile miner though? Do you believe having your coins on the exchange with all those hacks being done by time to time is safer than having them on your phone and storing the private key somewhere safe? I understand that you want to sell on a price hike but still... I wouldn't risk it with an exchange for long times. Being unable to mine to an exchange is the best thing Ive heard all day. It causes issues for the exchange. |
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Electroneum has coined the phrase 'enablement currency' as it is going to enable a new 3 trillion dollar market by allowing over 350m smartphone users in the developing world to enter the digital market for the first time
Features:
-mining to exchange
-workers
-adjustable instant payout levels
-email and telegram notifications
-ssl
But people doubt that we can reach a 100 Billion MC, and think I am crossing the line by saying so?? Sorry guys, but the plan is to blow away even those numbers, and barring some horrible unforseen development, thats exactly what we are going to do giving us 3 years or so of development and market penetration. And Im here to let you know. Does that mean invest more than you can afford to lose? No. Am I telling you to invest at all? No These are the forcasts that I ALONE see. Expect mass adoption Expect ETN to have the largest network of users in crypto Expect ETN to CONTINUE to grow faster than Facebook, Twitter, and BTC did. Because from where Im standing, not from any secret info, only public info, this is EXACTLY what I see. And Im here to tell you just that... ....expect success |
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Did some sniping of some posts talking about a scam coin that we dont talk about on our thread, as not to give it any help from here. Even saying "xxxxxx is a scam" Just ignore it, and Ill delete it Or you can quote it and label it a scam until I come delete it and all posts that quote it. Im not being sarcastic either, if you want to warn ppl until I can get rid of it. Thanks everyone |
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My Mobile Miner has automatically made a payment order but it has been over 36 hours still in processing state  It will show up. Thats common |
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I wasn't planing to throw more €€€ into cryptos but with those valuations, it's damn tempting!
So I send a bank transfer today and hopefully tomorrow they'll arrive in Kraken! (hopefully... you never know with fiat transactions between different countries!)
Initially I was going to increase my holdings on my n.1 holding, but since ETN has been oversold I'll add to this; Please don't buy too much before I do!!
Only invest what you can afford to lose. But yeah, if you can afford it. ETN is a great speculation investment. It would be considered high risk, so 2% to 5% of your total investments would be wise. Mark my words people. If ETN hits $.005 (3x less than it is now), I can see turning $1 into $1000 a real possibility IMO!! Some will continue to call me crazy, but they also said the same thing when I predicted the same type of gains with IOTA and NEM, and I was MORE THAN RIGHT BOTH TIMES. The Million Dollar question, literally, is: Three times a charm? OR Three strikes your out? |
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I have been pretty accurate in my forcasts so far if you have been keeping up with them, and usually they were contrary to the general consensus. So Im not surprized by your reaction. It's one thing to predict 1 cent, 3 cent, 5 cent, it's another story when it's 5$ or 500$. Nearly every coin can get with ease up to 3 cents, the hard part is after the USD 1 border to get and even more to stay there. 1. 21 Billion will not be im circulation in 3 years This is not an argument actually as ALL coins/projects have the same issue with later mostly having less coins than the max. supply. It's not an Electroneum related. 2. BItcoins MC will be in the Trillions in 3 years IMO If Bitcoins Marketcap is in the Trillions the price per 1 BTC in 3 years must be: - for 2 Trillion MC= ~135,000 $ - for 3 Trillion MC= ~200,000 $ and so on. I'am not saying it's not possible, but it's not an easy task and even than, that's Bitcoin, the only Bitcoin, have in mind that Electroneum is daily dealing with 2,000 other alt coins. 3. Within an year ETN will be much more famous as it will be the crypto with the most users, not #1 in MC, and Im not saying it will pass BTC in MC, but will pass BTC in number of users, as it already has about half the # of BTC users now. Sounds good, but another thing that won't happen because it's just one Bitcoin. You won't pass Bitcoin users/followers ever as long as each trading pair on every exchange is with BTC, easy as that. You seem to make a big mistake with the user base. You have a big user base because it's an ass cheap coin so far and the hope of many small investors/miners are exactly here. Same with Verge by the way, which have a bigger user/fan base for years now and they still sit at 3 cent. A user base is in important factor, but there are so many other factors important for price which you should mention but didn't. P.S.: With such predictions you are going the Verge path by the way, believe me, it does not work out well and as said, it will come back to you as a Boomerang if you still sit in 6 months on a 10 cent price, not even talking about a 2-3 cent price...... 4. IMO
5. Its actually a fairly realistic forcast hen you take into account, that so far in its lifespan, ETN is growing faster than BTC, Facebook, and Twitter were at this point in their lifespan.
Look, you can make as many as you want forcasts, that's ok. But you make them as an Electroneum affilateted team member/moderator/whatever here and a lot of folks are blind and greedy enough to take your words for real and that is a problem in my opinion. Develope your product, develope the contracts, develope what you promised so far to be happen, strenghten your team, get as much as possible deals and use cases and than there is enough time for a nice hype, realistic predictions and whatever. Try to get to 5 cents and enter the top 50 by market cap coins. As long as this doesn't happen, what's left for 5$..... 1. Yes, to be in the Trillions that puts BTC 100k+ each, remember we are talking in 3 years. 2. ETN is ALREADY HALF BTCs userbase in number of users. BTC = 3 million users ETN = 1.5 million users ****** For transparency I own a large anoumt of ETN And I am ETNs Community Manager, not a neutral mod ****** Its not "easy as that" As long as BTC pairs are still around, ETN cant pass them in number of users? No, it is not easy as that. Also, I said 3 years, not a few months. We are halfway there BEFORE THE FIRST MARKETING PUSH And BTW weve been as high as #32 on coinmarketcap in the past We will easily be in the TOP 3 by MC in the coming years if all goes according to plan, IMO |
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Contraband as a moderator I think it is important that you abstain from such views as there is a conflict of interest. I like your ideas but you need to step back. ;-)
Thanks, but Ill be taking the opposite approach So be warned. I am NOT an without bias, by design. ** I am NOT a neutral mod, I am ETNs Community Manager here at BCT. Also, its a bit too late considering this: https://bitcointalk.org/index.php?topic=2172271.0;topicseen |
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Its VERY realistic that ETN reaches $5 on 3 years
Hey hey hey, come on. Don't lose contact with mother earth please. $5 is everything else but it is not realistic. If you would have said US$ 1 i still would have doubts, but ok, could be eventaully, but $5?  That's just not going to happen with a 21B max supply coin ever. It would mean that it would be about equal with Bitcoin market cap and that's everything else but not realistic. I understand where you are coming from and that the intention is keep the fanbase happy, but such unrealistic forecasts don't really help the project as it will come back like a bumerang (best example for that is Verge/XVG). IF you suggest unrealistic things you are entering the space where it will look more like a scam than a serious project, seriously, do yourself and the project a favour in NOT posting such unrealistic possible $5 price prediction, as it just won't happen! I have been pretty accurate in my forcasts so far if you have been keeping up with them, and usually they were contrary to the general consensus. So Im not surprized by your reaction. 1. 21 Billion will not be im circulation in 3 years 2. BItcoins MC will be in the Trillions in 3 years IMO 3. Within an year ETN will be much more famous as it will be the crypto with the most users, not #1 in MC, and Im not saying it will pass BTC in MC, but will pass BTC in number of users, as it already has about half the # of BTC users now. 4. IMO 5. Its actually a fairly realistic forcast hen you take into account, that so far in its lifespan, ETN is growing faster than BTC, Facebook, and Twitter were at this point in their lifespan. |
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In the time between now, and the time when partnerships start bringing in new users, and the first marketing campaign starts, and with even some help with BTC going back up, I would caution everyone on selling anytime soon.
Its most likely between now than then, theres the chance that we see a temporary downturn in price.
If this happens it will only be TEMPORARY.
REMEMBER, You dont lose your money until you sell.
No matter what the price is, you still have the same number of coins.
Those with ETN" this is what decides the winners from the losers; profits vs loss!!
HODL
AND BUY BUY BUY
Its VERY realistic that ETN reaches $5 on 3 years
In 3 years time, we will see BTC with a market cap in the low TRILLIONS, and ETN at $5 IMO
Its also possible that ETN falls to $.005 before it starts its imminent rise.
Do the math, if these levels both occur, thats $1000 for every $1 invested, buying at $.005 and selling at $5.
These two points are entirely possible. No guarantees, buts that what Im seeing based on no extra info than whats public knowledge right now
I have zero doubts we will reach $5 in the future, my only doubt is if we will see ETN drop to $.005. I believe that would be the floor if we get that low.
Just a realistic, "worst case" assessment, that if it occurs, you can turn into a gift!!
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Hi all, I own a little ETN I mined before the ASICs took it all over, may return to mine it again as the hashrate is lowering, the fork was really awaited! I've got a question about the mobile mining, I know it's just a marketing gimmick to bring in users as they don't really "mine", it's more of a giveaway based on the specs of the phone (higher specs, higher reward). But where do the funds for the giveaway come from? I suppose it will be from some premine you might have done, how much does it account for? Because as a marketing trick I think it has worked quite well, but depending on the amount it will some day come to an end... How much time do you think you'll be able to maintain the "mobile mining"? Many thanks in advance !!! 8.6 Billion is allocated for the Mobile Mining Experience out of the premine, and it will emit at a rate that will go very far off into the future by design |
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need to know everyone..... The much-hyped crypto coin permitting mobile mining, has ultimately considered some charge movement. ETN is up a net 33% in the previous week, to $0.033, after including 20% overnight. But the spike in expenditures appears shaky, and ETN is nonetheless a very thinly traded coin.This makes the coin practically stagnant, as the crew is nevertheless preparing a way to react. The remaining eleven blocks are showing a time lag, sometimes coming hours apart. "Thinly traded coin" @arhemel5033 Can you tell us how much it is traded? |
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I couldnt resist deleting the post on the last page that called ETN a scamcoin for deleting negative posts on Reddit.  Do we do delete all negative posts on Reddit? |
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So is ETN actually popular with anyone besides the miners? Seems odd that the ANN thread of a coin that was designed for mass adoption and mobile mining is dominated by actual miners
Thread with active miners is a good sign at this point of a projects developments |
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