ETC value soars, investment opportunities emerge – Digital Journal


Since the creation of Bitcoin in 2009, many cryptocurrencies that want to create similar but more advanced functions have continued to emerge, including the second most valuable cryptocurrency, Ethereum. However, due to the DAO attack, it underwent a hard fork in 2016, which led to the birth of Ethereum Classic.

As an open-source cryptocurrency, Ethereum Classic (ETC) is a cryptocurrency based on the original Ethereum blockchain. It has its own smart contract-based blockchain with the same functionality as Ethereum and is not controlled by any one authority, free from external interference and subjective tampering of transactions. This makes Ethereum Classic a more decentralized currency and gives users more control over their funds. The amount of ETC in circulation is currently lower than that of ETH.

In recent weeks, the value of ETC has recovered. Although there are small wave fluctuations, the overall trend is still rising. Some experts believe that this may be a good investment opportunity. Since 2016, the return on ETC investment has reached 4102.57%. As Ethereum Classic is growing steadily and now has the sixth-largest valuation among cryptocurrencies and is worth more than fifty percent of Dash, ETC prices may continue to rise in the future. Therefore, if it is possible to invest in some cryptocurrencies now, ETC will be very lucrative for many investors.

“Mining” is the cornerstone of proof-of-work cryptocurrencies like Ethereum Classic. Through mining, cryptocurrency networks can process blocks of transactions and add them to the blockchain, helping to keep the network secure. In mining, miners earn ETC rewards that can be cashed out or stored for future profit, and ETC is widely accepted and supported on major exchanges, making it easy to sell or trade in the future. Currently, the ETC market price has been slowly rising for several weeks. While not rising as fast as Bitcoin, it is stable and at this rate it can continue to rise, giving Ethereum Classic investors a good return on their investment.

Currently, the most popular hardware rig for mining Ethereum Classic is the JASMINER X4 High-throughput 1U-C server, which is a strong proponent of mining ETC. This top-of-the-line rig has a hashrate of 450MH/S±10% and consumes only 240W±10%. As a high-end ASIC mining rig, JASMINER X4 High-throughput 1U-C server is not only small and exquisite in 1U form in appearance, but also suitable for various simple environments. At the same time, it also provides powerful processing power for mining ETC, and provides the top configuration of “high hashrate and low power consumption”. JASMINER X4 High-throughput 1U-C server uses high-throughput hashing power to mint ETC coins, which perfectly suits the mining needs of ETC and becomes the well-deserved king of ETC mining.

Ethereum Classic has been on the rise, which is one of the main reasons why so many traders have decided to invest in ETC now rather than later. As a great investment opportunity, ETC also brings more possibilities for investors to embrace the future of cryptocurrencies. If you are looking for a promising investment with good returns, mining ETC with JASMINER X4 High-throughput 1U-C server might be a good choice.

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