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Bitmain cryptocurrency miners add Ethereum Classic (ETC) while Canadian institutional investors collect money September 3, 2018 Cryptocurrency [ad_2][ad_1] Like this: I like it Loading … loading … [ad_2]Source link
![Ethereum Classic (ETC) "title =" Ethereum Classic (ETC) "/> </div>
<p> Ethereum Classic has made significant progress in its market capitalization position in recent months: the ETC currency has seen an increase in 13% in the last 7 days, despite the uncertainty within the cryptographic markets, follows the good foundations that Ethereum Classic has acquired to be listed on popular coin exchange platforms such as Coinbase. North American markets thanks to its good functioning Prospects. </p>
<h6><strong> Equity Balance to integrate Ethereum Classic among others </strong></h6>
<p> Recently, Ethereum Classic has made its way into the Canadian market through PARADISO VENTURES INC, the financial market-oriented company announced that it will be reduced to digital resources, the company is using "Balance Custody" as a vehicle subsidiary to achieve its goals in the c anadese. </p>
<p> Balance Custody will provide a platform that offers an alternative to offline storage and digital resource / currency management. According to his plan, the company will target institutions that invest in financial markets such as hedge funds, investment banks and other market players. Balance will be the pioneer company operating within this potential space in Canadian jurisdiction. </p>
<p> The project has been in testing since August 2017 with a sample of the target market expected. Since then, progress in development has been one of the highest priorities for "Balance", the company's focus on the platform was primarily in transparency and security. It is because of this progress that Ethereum Classic along with 7 other altcoins will be negotiable on the Balance Custody platform. So how it is, the coins that made the list are all top 10 cryptocurrencies with Bitcoin and Ethereum that prove again their fundamental value! </p>
<h6><strong> Ethereum Classic on the Bitmain mining pool </strong></h6>
<p> The extraction of cryptographic coins such as Ethereum Classic remains critical to the successful project. The ETC community has received good news that the altcoin will be exploited by the mining pool supported by Bitmain last week. This represents a major milestone for the project, given the mining capabilities of BTC.com which supports the 21% mining of the Bitcoin blocks in 2017. </p>
<p> BTC.com will now offer an Ethereum block explorer to help extraction of both ETH and ETC coins. Miners will have the opportunity to choose a different hashing power for the extraction of Bitcoin, Ethereum or Ethereum Classic. According to a BTC.com press release, the initiative aims to increase the adoption of Ethereum and Ethereum Classic. </p>
<p> Zhong Zhuang, the project director for Bitmain added that it is the company's hope, </p>
<blockquote>
<p> "to expand the ethereum network by forwarding … awards through our system [Full Pay Per Share]" which rewards miners for having participated in the pool. </p>
</blockquote>
<p> In addition, miners will have the freedom to choose between GPUs and CPU mining within the new pools that will be added by Bitmain. However, the company had issued an ATP-oriented ASIC to Ethereum at the beginning of 2018. </p>
<h6><strong> ETC Market Stats </strong></h6>
<p> Ethereum Classic is currently trading at $ 14.21 against the dollar while its BTC price it is equal to 0.00195870. The market capitalization today is $ 1.4 billion by placing ETC at 14 <sup> at </sup> position according to coincheckup. The market share of Ethereum Classic is 0.5944%, a significant figure compared to the larger market, but a decrease in the ocean compared to the lion's share of 52% of BTC. </p>
<p> In terms of volatility, Ethereum Classic behaved quite similarly to its asset class, which recorded a maximum of 39% in the last one month. Since its launch, the currency has had a cumulative return of 1.607%, while its monthly Return on Investment (ROI) is 7.9%, better than securities or bonds but remains high risk. The Ethereum Classic coin still uses the Proof of Work consent method and the Ethash algorithm which is ranked 1 <sup> st </sup> with a 4.7 / 5. score </p>
<div class=](https://i1.wp.com/cryptoglobalist.com/wp-content/uploads/2018/06/Screen-Shot-2018-06-21-at-3.12.25-PM.png?resize=696%2C462&ssl=1)
![Ethereum Classic (ETC) "title =" Ethereum Classic (ETC) "/> </div>
<p> Ethereum Classic has made significant progress in its market capitalization position in recent months: the ETC currency has seen an increase in 13% in the last 7 days, despite the uncertainty within the cryptographic markets, follows the good foundations that Ethereum Classic has acquired to be listed on popular coin exchange platforms such as Coinbase. North American markets thanks to its good functioning Prospects. </p>
<h6><strong> Equity Balance to integrate Ethereum Classic among others </strong></h6>
<p> Recently, Ethereum Classic has made its way into the Canadian market through PARADISO VENTURES INC, the financial market-oriented company announced that it will be reduced to digital resources, the company is using "Balance Custody" as a vehicle subsidiary to achieve its goals in the c anadese. </p>
<p> Balance Custody will provide a platform that offers an alternative to offline storage and digital resource / currency management. According to his plan, the company will target institutions that invest in financial markets such as hedge funds, investment banks and other market players. Balance will be the pioneer company operating within this potential space in Canadian jurisdiction. </p>
<p> The project has been in testing since August 2017 with a sample of the target market expected. Since then, progress in development has been one of the highest priorities for "Balance", the company's focus on the platform was primarily in transparency and security. It is because of this progress that Ethereum Classic along with 7 other altcoins will be negotiable on the Balance Custody platform. So how it is, the coins that made the list are all top 10 cryptocurrencies with Bitcoin and Ethereum that prove again their fundamental value! </p>
<h6><strong> Ethereum Classic on the Bitmain mining pool </strong></h6>
<p> The extraction of cryptographic coins such as Ethereum Classic remains critical to the successful project. The ETC community has received good news that the altcoin will be exploited by the mining pool supported by Bitmain last week. This represents a major milestone for the project, given the mining capabilities of BTC.com which supports the 21% mining of the Bitcoin blocks in 2017. </p>
<p> BTC.com will now offer an Ethereum block explorer to help extraction of both ETH and ETC coins. Miners will have the opportunity to choose a different hashing power for the extraction of Bitcoin, Ethereum or Ethereum Classic. According to a BTC.com press release, the initiative aims to increase the adoption of Ethereum and Ethereum Classic. </p>
<p> Zhong Zhuang, the project director for Bitmain added that it is the company's hope, </p>
<blockquote>
<p> "to expand the ethereum network by forwarding … awards through our system [Full Pay Per Share]" which rewards miners for having participated in the pool. </p>
</blockquote>
<p> In addition, miners will have the freedom to choose between GPUs and CPU mining within the new pools that will be added by Bitmain. However, the company had issued an ATP-oriented ASIC to Ethereum at the beginning of 2018. </p>
<h6><strong> ETC Market Stats </strong></h6>
<p> Ethereum Classic is currently trading at $ 14.21 against the dollar while its BTC price it is equal to 0.00195870. The market capitalization today is $ 1.4 billion by placing ETC at 14 <sup> at </sup> position according to coincheckup. The market share of Ethereum Classic is 0.5944%, a significant figure compared to the larger market, but a decrease in the ocean compared to the lion's share of 52% of BTC. </p>
<p> In terms of volatility, Ethereum Classic behaved quite similarly to its asset class, which recorded a maximum of 39% in the last one month. Since its launch, the currency has had a cumulative return of 1.607%, while its monthly Return on Investment (ROI) is 7.9%, better than securities or bonds but remains high risk. The Ethereum Classic coin still uses the Proof of Work consent method and the Ethash algorithm which is ranked 1 <sup> st </sup> with a 4.7 / 5. score </p>
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