Electroneum will STOP "mobile mining" rewards soon. - page 3.

bitkanu

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Quote from: callkiller on May 11, 2020, 01:28:13 PM

How will people in the developing world get ETN to top up their phones with if the app mining stops?

WTH is that? what do you mean about that? if this mobile reward will have stopped and it looks like these people must move to the Pi coin as the only mobile mining (BS) that is still alive.

I guess those reward hunters are not helping to develop the project.

Youghoor

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That's quite unfortunate because this was one of the pillars behind this project and now they are abandoning it. I wonder what they intend to bring up this time around. Moreover, I was never optimistic about mining with phones so I am not too surprised that this is coming to halt.

tycsols

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I think this step will be devastating for electroneum and etn because it was sold during ico as a unique project that offers mobile mining and now if they stop mobile mining they are stopping the thing that makes etn unique so in the end i think etn will take a lot of restructuring and time to build back their paltform.

passwordnow

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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, 12:26:25 PM

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.

judaspriest

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Quote from: contraband on May 11, 2020, 12:23:01 PM

Thoughts?

What effect will this have on the community?

if they really will stop Mobile Mining it will certainly affect the community and of course the price in exchange,
but if they have the right solution such as changing their algorithm to POS and Staking can be done then there is still hope for the community, this is my opinion

callkiller

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How will people in the developing world get ETN to top up their phones with if the app mining stops?

contraband

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Quote from: unouresha on May 11, 2020, 12:26:25 PM

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

unouresha

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

contraband

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Thoughts?

What effect will this have on the community?

Topic: Electroneum will STOP "mobile mining" rewards soon. - page 3. (Read 310 times)