- Ethereum Classic (ETC) miners can now configure their rigs to mine Zilliqa (ZIL) too.
- Ezil.me is providing a detailed mining instructions page for dual mining.
- ETC/USD has gone up, even though the rest of the coins in the market faced bearish correction.
Ethereum Classic (ETC) miners can now configure their rigs to mine Zilliqa (ZIL) as well. This new feature was launched recently after a period of Beta testing where miners gave their feedback and improvement proposals to the team at Ezil.me.
Ezil.me team has asked anyone interested in carrying out dual mining to visit their mining instructions page for information on how to set up their ETC rigs to connect to their mining pool. The mining of ETC and Zilliqa will be automatically switched between the two blockchains using a set time period.
Once you connect to our pool we will redirect you to the one of the biggest an allegedly most profitable pools, https://etc.ethermine.org/, before the start of ZIL round (every 1,5 hours) will automatically switch your rig to ZIL mining, and once ZIL round is over you will be seamlessly switched back to mining ETC. No action required from you, the process runs just like your regular ETC mining.
A few days back, Ethereum Classic highlighted the possibility of miner migration from Ethereum to ETC once Proof-of-Stake is activated with ETH 2.0. This is because miners’ equipment is becoming unusable in the mining of the old Proof-of-Work algorithm of Ethereum. The ETC blockchain is similar to the Ethereum blockchain and miners can easily switch to Ethereum Classic. Now they have the added incentive to migrate because of the ability to dual mine ETC and Zilliqa (ZIL).
ETC/USD went up from $6.25 to $6.38 over the course of this Friday. During the process, it managed to jump above the downward trending line. The SMA 200 has crossed above SMA 50 to form the highly bearish death cross pattern. The Elliott Oscillator has had a green session, following two consecutive red sessions.
On the upside, the bulls face stiff resistance at 6.457, SMA 50, SMA 200 and $6.70. On the downside, healthy support levels lie at $6.357 and $6.275.
|Today last price||6.3903|
|Today Daily Change||0.1888|
|Today Daily Change %||3.04|
|Today daily open||6.2015|
|Previous Daily High||6.2941|
|Previous Daily Low||6.1081|
|Previous Weekly High||6.9366|
|Previous Weekly Low||6.0422|
|Previous Monthly High||7.6174|
|Previous Monthly Low||5.5926|
|Daily Fibonacci 38.2%||6.1791|
|Daily Fibonacci 61.8%||6.223|
|Daily Pivot Point S1||6.1083|
|Daily Pivot Point S2||6.0152|
|Daily Pivot Point S3||5.9223|
|Daily Pivot Point R1||6.2943|
|Daily Pivot Point R2||6.3872|
|Daily Pivot Point R3||6.4804|
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.