Ethereum Classic or Ether Classic is a cryptocurrency that emerged in the result of the Ethereum blockchain fork which occurred in July, 2015. Two networks appeared: Ethereum, with changed code, and Ethereum Classic, supported by community members, who believed in the original ideology of the Ethereum.
Despite the fact that Ethereum Classic is using the Proof-of-Work protocol, the difficulty of this network is still not that high. This makes Ethereum Classic interesting for novice miners.
Moreover, developers removed the complexity bomb in the original Ethereum mining protocol, motivating a long-term investment in ETC mining industry.
Statistics
7.3TH/s
World hash rate
288.4MH/s
Pool hash rate
147
Connected miners
40627
Blocks mined (total)
3years ago
Last Block Found
Exchange rate (avg. price)
1 ETC = 0.00066760
Advantages for miners
Low mining difficulty
Unlimited emission of new coins
Difficulty Bomb removed & PoW mining prevails
Listed on most of the cryptocurrency exchanges
Direct exchange to USD, EUR, CNY, RUR, GBP and other fiat money
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