Quality ICO: Electroneum vs Bitcoin
Its Sunny Saturday Weekend,
Today the topic is regarding Electroneum (ETN) & Bitcoin (BTC) comparison.
Total Supply Benchmarks and Market Cap ?
Good move by Electroneum, An official announcement for max. total coins supply at 21 billions tokens for 1st Nov ICO. Unlike any other coins, ETN has only 2 decimal places 1.XX while Bitcoin for example has 8 1.XXXXXXXX. Technically speaking Electroneum use case will give experience and feel similar to FIAT currency.
Too much supply?. 21 billions coins.
Isn't 21 billions coins is too much for an ICO?. Well generally speaking Yes, But somehow when the coin price is around 1-2 satoshi . Investors obviously will invest in decent amount due to high trade quantity from BTC , ETH and FIAT Exchange. Beside that, Electroneum project team have a mitigation plan to put all the unsold ICO into mining circulation pool for mobile application to supply the coins back to users. Another good plan kudos to the project team.
Mining Capability on CPU Desktop
Yes its happening, Desktop users able to mine ETN from their CPU but not GPU. Great addition for continuity of Electroneum.
Well this is my 20 cents towards Electroneum quality. Please do your own research and due diligence, thus when you're satisfied. Get yours ETN with 11% Bonus till 18 Oct at : https://my.electroneum.com/join/8D45F8
Good article....
Have you heard that mining is not real even though the users will be able to use the mining app on the smart phone....commment?
Its optimistic towards capability of mobile devices to mine. However still possible subject to difficulties on electroneum however electroneum project team has advised that currently expected around 20-30 usd per month. Usage of the coins is more priority by the project team perspective.
I have heard back and forth this weather its going to be actual mining or just simulated mining off what your phone could do. Either way It sounded like if not real mining, it could be. Either way the person with the phone gets paid.
perhaps you could write article about how to purchase the ICO and how much you recommend one should invest.
Already created another article regarding ripple not an ICO. ICO is high risk of investment due to tons of ICO now. Electroneum has already done their wallet for Android and available at Google Play.
Its closed now. Wait for it to hit the market and download the app and miner on your computer.
When supposed to hit the market?
It will be launched on 1st November.
Nov 1 is the miner market soon