How to mine Ethereum Classic?
With The Merge, it is only natural to look to new cryptocurrencies to mine.
And many miners are turning to Ethereum Classic.
In this tutorial, we will introduce you to mining Ethereum Classic.
How to mine Ethereum Classic? What exactly is this cryptocurrency?
Your questions are answered in our Ethereum Classic guide!
What is Ethereum Classic?
Ethereum Classic was born around the time of the DAO Fork in 2016. DAO was the first major digital depository application (DApp) to launch on Ethereum and held a significant share of total ETH. It was hacked and the community debated for a month about what to do.
The majority of node operators chose the hard fork and this forked version was recognized as Ethereum and all the funds that the Ethereum Foundation held. The continuation of the original blockchain was called Ethereum Classic.
For more information about the Ethereum Classic project, you can read the Ethereum Classic’s white paper.
It is interesting to mine Ethereum Classic. This cryptocurrency can be explained as Ethereum technology with Bitcoin philosophy, according to Bob Summerwill, the executive director of the Ethereum Classic cooperative.
“If you’re looking for programmable digital gold, with a fixed issuance schedule, where security and immutability are more important than scalability, then Ethereum Classic is for you,” Bob Summerwill tells us.
To read Bob Summerwill’s interview: https://cruxpool.com/blog/ethereum-classic-after-the-merge-what-future-for-mining/.
Open a crypto wallet foR eTHEREUM cLASSIC
Mine Ethereum Classic on Cruxpool
Before we give you the instruction to connect to our Ethereum Classic mining pool, it is essential to share with us basic knowledge about the Ethereum Classic mining.
Ethereum Classic uses a Proof of Work system, and it is miners who support the blockchain. The mining algorithm of Ethereum Classic is Etchash.
You will be able to mine Ethereum Classic only if you have a minimum 3GB VRAM GPUs.
Plus, Cruxpool uses a 1% PPS scheme and transactions run every 3 hours. The minimum threshold is 0.1 ETC and the maximum is 100 ETC.
Download a mining software like lolMiner
There are several mining softwares for Ethereum Classic mining like lolMiner.
lolMiner is a mining software with 0.7% fees, available on Linux and Windows for NVIDIA and AMD GPUs.
You can download lolMiner on GitHub.
For Windows, you should choose the zip file. For Linux, it is the tar.gz file.
You must then extract the file.
Set up lolMiner to mine Ethereum Classic on Cruxpool
Now we can start mining Ethereum Classic on Cruxpool!
You need to choose the right script file for mining with Cruxpool.
Copy and paste an existing file to create a new text file that you will name for example “ETC-Cruxpool.bat”.
It is a batch file – .bat – if you are on Windows or a bash file – .sh – if you are on Linux.
Warning: If you have saved a new text file on -.txt-, you must change this extension to -.bat- for Windows ou -.sh- for Linux.
Edit the mining file and fill it with your crypto wallet address, the name of your worker and the Cruxpool mining URL.
Your command line should look something like this, but with a wallet address and a worker name:
If you want to go faster, we invite you to use our Cruxpool command line generator and copy and paste the generated command line.
Save as your bash file or your batch file.
Finally, run your mining program as an administrator. This will allow you to unlock your LHR GPUs to 100% for mining.
By clicking on your file, your mining starts.
Ethereum Classic mining on HiveOS
With HiveOS, you can mine Ethereum Classic without using a command line, but by filling in a template with the mining information.
You should create a new template in “Flight Sheets”.
Do not forget to add a crypto wallet before in “Wallets”, which will allow you to receive your earnings. Alternatively, you can specify a Cruxpool username instead of a crypto wallet.
Click on “Create Flight Sheet”.
In “Workers”, assign the flight sheet to your worker. You can launch it.
You mine Ethereum Classic on HiveOS, congratulations!