Many investors are now turning their attention away from Bitcoin as the crypto space continues to grow rapidly. While Ethereum Classic is not one of the top 10 cryptocurrencies by market cap, there is no doubt that ETC is the one to watch this year.
2021 is a bullish year for crypto investing, and some experts believe that the bullish market has not completely lost steam. However, it is impossible to make a fortune trading Ethereum Classic without a deep understanding of the crypto industry. Ethereum Classic is a decentralized blockchain-based platform for executing smart contracts and decentralized applications. According to data on the market capitalization of cryptocurrencies, Ethereum Classic has a market capitalization of $4 billion.
While Ethereum Classic cannot compare to Ethereum in terms of market cap, transaction volume and market sentiment, Ethereum Classic is still considered by many to be the original Ethereum due to its decision to keep the old code of the blockchain, this is of great value to some people.
According to CoinMarketCap, the fully diluted market capitalization of Ethereum Classic is $519,455,185. According to CoinMarketCap, Ethereum Classic has a fully diluted market capitalization of $519,455,185, and it dominates around 0.19% of the market. At its current price of $24.66, ETC is down 86.08% from its all-time high of $176.16 and up 5319.40% from its all-time low of $0.4524. So far, ETC has provided an ROI of 4102.57%.
ETC is a rare asset. It is estimated that by 2070, the maximum limit that can enter circulation is 230 million. This is a clear design element of the Ethereum Classic protocol. And, as a miner or regular investor in this cryptocurrency, ETC can also prove to be a viable investment in the long run. All investors have to do is analyze its risk-reward potential and decide for themselves whether ETC should be added to their portfolio.
If people decide to invest in Ethereum Classic, the fastest and cheapest way is mining. Before that, it is very important to purchase a high-performance mining rig. JASMINER X4 High-throughput 1U -C server, this super smooth ASIC miner is very efficient in terms of performance, it is equipped with a high computing power chip, it is very suitable for mining ETC, and the energy cost is minimized. Its hash rate is 450MH/S±10%, and its power consumption is only 240W±10%. With this ASIC miner made for ETC, it is easy to optimize the energy consumption during the mining process and help people achieve the best in people mining work. Many users commented that it was “value for money”, “energy efficient” and “very clean” after the experience.
There are no tested or proven get-rich-quick ways in the world, but investing in ETC can prove to be worthwhile. “Rich” is a relative term, and this market is a good bet for anyone looking to make money. Therefore, if investors want to make strategic and ideal investments, mining ETC with JASMINER X4 High-throughput 1U-C server may be a shortcut to get rich.
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