Topic: ELECTRONEUM SPECULATION THREAD - page 8. (Read 64027 times)

Some people think that if they this or that coin, it has only one way = 1000x profit  
they never think this way, it starts with 1000x & whooop down to the ground to -1000x value.
Why they never think of such scenario ?

On Feb 27th they are going to release mobile miner, may be the price of ETN will increase in the market. Many people are holding lot of coins in the market because mobile miner will be released.

finally! some good news... after my experience with mobile miner I lost confidence with ETN... within so many time with so many problems...
I hope this project will finally recover

If the reports from beta testing are true, 1 ETN per 6 hours - this falls in line perfectly with the vision of Electroneum.

1 ETN per 6 hours allows the miner to earn roughly 4 ETN per day, assuming the phone is mining at all times.
At this rate, the mobile miners will be earning roughly 112 ETN per month.

At only $0.10 per coin, 112 ETN is $11 per month.

$11 a month can make a significant impact on many lives in third world countries.  Remember, this is part of the vision - to bring financial support to third world countries!

They never claimed it would make you rich.  The entire point of it is it's a simulation and mining 'experience' aimed at people who are new to the crypto world. From what i've tested of it, it works well.

to me that sounds alarming. if the dev is a marketing specialist with scam clients like herbalife than this is not an argument for this coin. rather the opposite.

what good is all the "mobile mining" pitch, when it isn't real mining but just fake mining? I mean, what is the point of your coin when the only new feature isn't a feature but a simulation.  imho, this entire coin is a simulation. beware of investing in such crab. incredible.

They have offices in England
The dev is the founder and CEO of a marketing company that is valued at 50 million dollars, and has clients such as Avon and Herbalife for example. He is not throwing all that away for a crypto scam.

It really has been asked at least a million times. I will answer also so we can have a million answers to the same question to help balance it out.

Basically you are not actually mining. As long as a phone has Play Store (it will come to Apple store in the near future) and lets you download it then it will work, which will be for most, if not all Android phones.

It is just an app that will make it look like it is mining by simulating to give you the mining experience. How much you mine will depend on the specs of your phone as the app will look up what specs of your phone and based on that your hashrate (how fast you mine) will be determined. An example would be, you can expect an Samsung Galaxy S8 to mine more than say an S7 or S6.

Now keep in mind, there is no actual mining going on in the traditional sense, so it will not be using up much if hardly any at all of your phones resources. This means your phone will not get boiling hot and the battery will not get drained super quick. My guess would be it will just run in the background and use 1-3% of your battery life for the day. If it was real mining, your phone would be boiling hot and the battery would last probably about an hour.

It being simulated mining does not take anything away however. You still get Electroneum just like real miners do. Same result, just witout making your phone useless while doing so.  I hope this helps explain it further

Exciting news for ETN again! They've announced they're going to be listed on Ku Coin next week!

Source: https://twitter.com/electroneum/status/964454235684458496

and apparently they have some 'big exciting news' (Samsung?!)

Source: https://twitter.com/electroneum/status/964133417339191296

Exciting news for ETN again! They've announced they're going to be listed on Ku Coin next week!

Source: https://twitter.com/electroneum/status/964454235684458496

and apparently they have some 'big exciting news' (Samsung?!)

Source: https://twitter.com/electroneum/status/964133417339191296

This is really great news for the ETN community. I was even getting tired of heading to Cryptopia every single time I want to buy ETN. Listing on Kucoin would boost the liquidity even more. If the upcoming news and updates is about Samsung, ETN will just go kaboom to the moon! I'd keep holding

Exciting news for ETN again! They've announced they're going to be listed on Ku Coin next week!

Source: https://twitter.com/electroneum/status/964454235684458496

and apparently they have some 'big exciting news' (Samsung?!)

Source: https://twitter.com/electroneum/status/964133417339191296

Did some quick googling and found this thread that answers your question pretty well.

https://www.reddit.com/r/Electroneum/comments/7wjphh/has_electroneum_already_partnered_with_samsung/

Some good comments from there: "Enthusiasm is good, but come on... it probably just cost less $$ for Electroneum to use the image of the old phone. If they were partnering with Samsung, I am fairly certain the brand would want them to use latest products, for obvious reasons."

and "Sounds like the EMC2 debacle all over again"



*Edited to add link to thread    *

What do you think about this Samsung speculation?

https://www.youtube.com/watch?v=vD-6BsgmXkA

Network Hash dramatically increased the last days from 270 to 430 MH/s (DIFF: 15 to 27 B)
Price came down a lot and a little bit up again but still far away from the peak we had weeks ago.

What is this? Maybe the mobile mining beta?