Electroneum will STOP "mobile mining" rewards soon.

contraband

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Quote from: iv4n on May 12, 2020, 10:07:33 AM

Quote from: contraband on May 12, 2020, 09:03:40 AM

They are focusing on anytask.com and have a few big announcements coming at the Anon Summit on May 19

It's for just 7 days! It will be interesting to see what will they announce. Anytask.com is an interesting project, I saw couple good reviews from first users. Definitely a good place for people with skills who have something to offer.
ETN is around for a while, and they are building a nice community. I think they can achieve some higher prices, and I got a bunch of ENT's sitting and waiting for that to happen!

Quote from: contraband on May 13, 2020, 12:19:44 AM

Quote from: dataispower on May 12, 2020, 01:49:29 PM

Quote from: contraband on May 11, 2020, 11:23:01 AM

Thoughts?

What effect will this have on the community?

How legit is this info, why not attach a link so that we can read the original article from the source? Also, When do they plan stopping the mobile mining? I doubt if it's true unless they have a better plan, the mobile mining was part of their project features. If this happens, I don't think it will have any significant effect on ETN price anyways.

Straight from Richard himself. It's part of Phase 2.

https://youtu.be/Kc7Tu0SWPdc

Learn the rest during his keynote speech at the Anon Summit May 19

https://hopin.to/events/anon-summit-2020?specinf=20868&utm_campaign=Electroneum%20Community%20Update%20-%20May%207th&utm_source=emailCampaign&utm_content=&utm_medium=email

Less than 24 hours now

contraband

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https://bitcointalksearch.org/topic/m.54444136

450% ROI in last 30 days!💪

Will it stop here?

contraband

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Quote from: coin-investor on May 13, 2020, 09:11:45 PM

Quote from: contraband on May 11, 2020, 11:33:14 AM

Quote from: unouresha on May 11, 2020, 11:26:25 AM

If it will stop mobile mining what kind of mining will remain to keep the chain going?

"Mobile mining" was always a simulated mining rewards program

The mining was primarily ASICs in the beginning, and then moved to the new Proof of Responsibility system, which relies on specific NGOs to keep the chain going

https://steemit.com/bitcoin/@msystem/electroneum-s-moderated-blockchain-is-powered-by-their-unique-proof-of-responsibility

This is so interesting and will bring ETN to a new level on their game Ellis is talking something about never before implemented algo we'll see how this new algo will make an impact on ETN development and price, ETN price has been struggling ever since they really need something to kick up their project.

https://youtu.be/Kc7Tu0SWPdc

shoreno

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Quote from: timmmers on May 13, 2020, 04:54:10 PM

And now tell me why this coin should stay alive? I thought that they built multimillion-dollar business on mobile phone mining, mining for everyone, its easy, everyone could start, then they allowed PC mining and that was the end. So I do not really see any reason why you should use / hold this coin. Roll Eyes

well etn is few of the coin out there that is underated but does have a potential . they have good number of users or supporters and that makes this coin alive . and what is that multimilion dollar business mining that your saying ? sounds exagerated but no they arent that huge enough to have like multimillion dollar . earning on thier app is cheap or low profit afterall but i guess it can be a bit higher depending on your referal . havent heard of thier pc mining tho but i dont think that was the reason of thier closure

coin-investor

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Quote from: contraband on May 11, 2020, 11:33:14 AM

Quote from: unouresha on May 11, 2020, 11:26:25 AM

If it will stop mobile mining what kind of mining will remain to keep the chain going?

"Mobile mining" was always a simulated mining rewards program

The mining was primarily ASICs in the beginning, and then moved to the new Proof of Responsibility system, which relies on specific NGOs to keep the chain going

https://steemit.com/bitcoin/@msystem/electroneum-s-moderated-blockchain-is-powered-by-their-unique-proof-of-responsibility

This is so interesting and will bring ETN to a new level on their game Ellis is talking something about never before implemented algo we'll see how this new algo will make an impact on ETN development and price, ETN price has been struggling ever since they really need something to kick up their project.

contraband

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Community Manager: ETN

Quote from: timmmers on May 13, 2020, 04:54:10 PM

And now tell me why this coin should stay alive? I thought that they built multimillion-dollar business on mobile phone mining, mining for everyone, its easy, everyone could start, then they allowed PC mining and that was the end. So I do not really see any reason why you should use / hold this coin. Roll Eyes

Quote from: HunterUnchained on May 13, 2020, 04:28:26 PM

What's their reason for wanting to stop their mobile mining feature which has proven to be highly successful? Most people got drawn to electroneum majorly because of the mobile mining and the fact that they could run a cloud mining program on electroneum and get some profits. It even became highly usable after the introduction of the mobile unit and data top up using electroneum, bringing in a large number of users in the process. It makes no sense that they will want to stop it now.

Here is all the answers to your questions. Straight from the horses mouth

https://youtu.be/Kc7Tu0SWPdc

timmmers

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And now tell me why this coin should stay alive? I thought that they built multimillion-dollar business on mobile phone mining, mining for everyone, its easy, everyone could start, then they allowed PC mining and that was the end. So I do not really see any reason why you should use / hold this coin. Roll Eyes

HunterUnchained

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What's their reason for wanting to stop their mobile mining feature which has proven to be highly successful? Most people got drawn to electroneum majorly because of the mobile mining and the fact that they could run a cloud mining program on electroneum and get some profits. It even became highly usable after the introduction of the mobile unit and data top up using electroneum, bringing in a large number of users in the process. It makes no sense that they will want to stop it now.

jacafbiz

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I am not surprise about this new development, this is a failed model from the start, I know some people feel like it is a novel idea but mobile phones are not designed for this purpose of mining and also with the inflation increasing per day and the price going south, they need readjustment to the mining to help save the price and the future of the project

Denreal

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Quote from: contraband on May 13, 2020, 12:19:44 AM

Quote from: dataispower on May 12, 2020, 01:49:29 PM

Quote from: contraband on May 11, 2020, 11:23:01 AM

Thoughts?

What effect will this have on the community?

How legit is this info, why not attach a link so that we can read the original article from the source? Also, When do they plan stopping the mobile mining? I doubt if it's true unless they have a better plan, the mobile mining was part of their project features. If this happens, I don't think it will have any significant effect on ETN price anyways.

Straight from Richard himself. It's part of Phase 2.

https://youtu.be/Kc7Tu0SWPdc

Learn the rest during his keynote speech at the Anon Summit May 19

https://hopin.to/events/anon-summit-2020?specinf=20868&utm_campaign=Electroneum%20Community%20Update%20-%20May%207th&utm_source=emailCampaign&utm_content=&utm_medium=email

If stopping mobile mining and going by the original plan will be what will make the project to wake up to its former glory, then it's fine.
After this, we want to see more progress, because, to me, ETN is not like it used to be. Although, it is better than so many projects that launched nearly the same time that ETN car on board, but are now already dead. At least you guys still keep the project alive.
Please, I would urge Richard himself not to relent. We want to see it come back full force.

Mahanton

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Quote from: passwordnow on May 11, 2020, 01:16:26 PM

Almost nothing I guess. The mobile mining of ETN got attention during the earliest days of it when it was introduced but it dramatically decreased overtime.

Quote from: unouresha on May 11, 2020, 11:26:25 AM

If it will stop mobile mining what kind of mining will remain to keep the chain going?

It's only like a virtual mining and making you look like actually mining but in reality, you don't.

After that ETN there were already lots of projects that had jumped into this idea but didnt actually buy out.Yeah at first i was fooled that this mobile mining thing is possible
but it isnt actually mining at all.Only ASIC's and GPU are the only ones which are capable on doing such things.
ETN will stop mobile mining rewards soon? Bad news for those who patronize this coin but i dont see that it will give out soo much impact.

Greatdev

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Don't take this news as a bad news I'm sure something big is coming that's why etn team decide to abandon the mobile cloud mining for now, electroneum team are very hard-working and ambitious too, we won't be disappointed

contraband

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Quote from: bgaf on May 13, 2020, 01:11:47 AM

Quote from: SistaFista on May 12, 2020, 10:41:31 PM

The purpose of electroneum coin is to be able to mined by mobile phone isn't it ?
Then how will people mine the coin if it stop mobile mining ? It will become a common coin, same as other altcoins.
ETN coin should have something to recover their price, the ROI is red if you see on coinmarketcap data.

Probably will have a big effect. Its like destroying their purpose, or changing their plan maybe because it does not attract many investors and they have a new idea that will launch soon. For me, mobile mining is not that really appropriate since phones are not designed to be used on this. Phones capability are limited to consumption for mining and will only cause damage and laggy effect on users. Who does wanted to use their phone only for mining? Im not saying their idea is bad but just the concept not really good as blockchain project concerns.

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bgaf

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Quote from: SistaFista on May 12, 2020, 10:41:31 PM

The purpose of electroneum coin is to be able to mined by mobile phone isn't it ?
Then how will people mine the coin if it stop mobile mining ? It will become a common coin, same as other altcoins.
ETN coin should have something to recover their price, the ROI is red if you see on coinmarketcap data.

Probably will have a big effect. Its like destroying their purpose, or changing their plan maybe because it does not attract many investors and they have a new idea that will launch soon. For me, mobile mining is not that really appropriate since phones are not designed to be used on this. Phones capability are limited to consumption for mining and will only cause damage and laggy effect on users. Who does wanted to use their phone only for mining? Im not saying their idea is bad but just the concept not really good as blockchain project concerns.

Latines

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Of course it's good. Mobile mining prevented the project from growing. Everyone was waiting for a big plus. But this did not follow, just because of this mobile mining. Which is not good. And you have to give coins.

contraband

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Activity: 1232

Merit: 528

Community Manager: ETN

Quote from: dataispower on May 12, 2020, 01:49:29 PM

Quote from: contraband on May 11, 2020, 11:23:01 AM

Thoughts?

What effect will this have on the community?

How legit is this info, why not attach a link so that we can read the original article from the source? Also, When do they plan stopping the mobile mining? I doubt if it's true unless they have a better plan, the mobile mining was part of their project features. If this happens, I don't think it will have any significant effect on ETN price anyways.

Straight from Richard himself. It's part of Phase 2.

https://youtu.be/Kc7Tu0SWPdc

Learn the rest during his keynote speech at the Anon Summit May 19

https://hopin.to/events/anon-summit-2020?specinf=20868&utm_campaign=Electroneum%20Community%20Update%20-%20May%207th&utm_source=emailCampaign&utm_content=&utm_medium=email

SistaFista

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The purpose of electroneum coin is to be able to mined by mobile phone isn't it ?
Then how will people mine the coin if it stop mobile mining ? It will become a common coin, same as other altcoins.
ETN coin should have something to recover their price, the ROI is red if you see on coinmarketcap data.

dataispower

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Quote from: contraband on May 11, 2020, 11:23:01 AM

Thoughts?

What effect will this have on the community?

How legit is this info, why not attach a link so that we can read the original article from the source? Also, When do they plan stopping the mobile mining? I doubt if it's true unless they have a better plan, the mobile mining was part of their project features. If this happens, I don't think it will have any significant effect on ETN price anyways.

wingfield_crypto

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Quote from: contraband on May 11, 2020, 11:23:01 AM

Thoughts?

What effect will this have on the community?

There are many people who use Mobile Mining to produce electroneum. If the information is true, then the consequences for this cryptocurrency will be major. Most people who own such a currency have obtained it through Mobile Mining. I think the project team is aware of this and I hope it does not stop Mining Mobile.

thisnewcoin

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Actually, I think this is a good decision from the Electroneum team! Mobile mining wasn’t profitable ever, once I tried Electroneum mobile mining and the rewards were really penny! Though Electroneum created a good hype about mobile mining but I stopped it when Playstore removed Electroneum mining app! If Electroneum removed this feature then I think they should list on a better exchange to make a balance in the community!

Topic: Electroneum will STOP "mobile mining" rewards soon. (Read 364 times)