JASMINER X4 High-throughput 1U-C server is one of the few mainstream ASIC mining rig on

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The cryptocurrency market often changes dramatically overnight, and with the diversification of the portfolio, many people also focus on currencies other than Bitcoin, Ethereum and other mainstream currencies, such as Ethereum classic (ETC).

The cryptocurrency market often changes dramatically overnight, and with the diversification of the portfolio, many people also focus on currencies other than Bitcoin, Ethereum and other mainstream currencies, such as Ethereum classic (ETC).

Ethereum Classic is a decentralized open-source computing platform, which means anyone can join the network, with nodes spread across the globe. ETC is the native cryptocurrency of the Ethereum Classic blockchain, which also plays many roles on the network.

In February 2022, Ethereum Classic underwent an upgrade called “Mystique,” which focused on maintaining compatibility with Ethereum, implementing the changes coming into Ethereum following the 2021 “London Upgrade.”

The Ethereum London upgrade not only brings many improvements to the network, but also moves the blockchain from PoW (Proof of Work) to PoS (Proof of Stake) mechanism. Ethereum Classic’s “Mystique” upgrade brings it in line with Ethereum and introduces some improvements for the community. While Ethereum plans to move to a PoS mechanism, Ethereum Classic plans to continue using the PoW system that Bitcoin also uses.

Following the recent “mysterious” upgrade of Ethereum Classic, many investors are eager to learn about ETC price predictions. From 2021, the Ethereum Classic price is $5.70. The price may rise further as ETC is trying to improve interoperability and security with other blockchains. Some believe that Ethereum Classic could hit the $50 mark by the end of 2022.

According to past data analysis, Ethereum Classic started 2020 quite positively, with the price starting to fluctuate around $11 by February. However, COVID-19 started to infect not only humans, but the global economy, and by the end of March 2020, Ethereum Classic dropped to $5. In 2021, like many crypto markets, the price of Ethereum Classic has surged, marking its first major increase since 2017. It first rose sharply in April before quickly jumping to its current all-time high of $176.16.

Based on this information, we can say that Ethereum Classic follows the market trend, if Ethereum Classic delivers on its promise of closer interoperability with Ethereum and other blockchains, and improved security for users, the price of ETC could surge in the coming years. Specifically, if Bitcoin and altcoins rise, ETC could follow suit and enter the top 10 cryptocurrencies list in the next five years, even competing with the leading Ethereum. Many experts believe that the value of ETC will increase in the long run as the team opts for the immutability and transparency of the blockchain.

It can be seen that with the increasing market demand of altcoins such as Dogecoin, Bitcoin Cash and EOS, ETC has also started its “good times”. While Ethereum makes the switch, Ethereum miners need to find other ways to make money on the blockchain, and Ethereum Classic can continue to mine blockchain fortunes.

Because Ethereum Classic is a proof-of-work (PoW) cryptocurrency, which means it relies on mining to verify transactions and maintain network security. Miners are rewarded for putting in hash power to do this, and the use of ASICs allows Ethereum Classic to mine the fastest and most profitable.

Now, JASMINER X4 High-throughput 1U-C server is one of the few mainstream ASIC mining rig on the global market that supports the ETCHASH algorithm. It has a market-leading hash rate of up to 450MH/S±10%, and consumes only 240W±10%. Due to its reasonable price, rich guide and complete series of services, JASMINER is very popular among miners in the Ethereum field. As one of the most advanced mining rigs on the ETC mining rig market today, the build quality and potential profit of the JASMINER X4 High-throughput 1U-C server make it a very attractive option.

What needs to be seen is that cryptocurrency prices remain speculative and depend on factors such as supply and demand, crypto news and technological innovations. Be sure to do your research and gather accurate data before you start trading any digital asset. And recent market moves also suggest that Ethereum Classic is definitely worth watching and could rise again in the months and years to come. If you want to get the most benefit from your ETC investment, try JASMINER X4 High-throughput 1U-C server, it will definitely be a good helper.

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



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