It is used to make payments from one person to another. Electroneum is a cryptocurrency that is based on another digital coin called Monero ( XMR). What Do You Need to Start Electroneum Mining?īefore going into Electroneum mining, let's start with the basics. Mining as Part of an Electroneum Mining Pool Electroneum Mining Rewards and Difficulty Simply choose a reliable cryptocurrency exchange and buy it instantly - Binance, Coinbase, and Kraken are three highly-recommended options. This is because Electroneum is one of the easiest digital currencies to mine.īy the end of the guide, you should know: what Electroneum is, how to get started with Electroneum mining on both a regular computer and a mobile phone, and if it’s going to be profitable to try it for yourself.īefore we get down to business, though, you should know that there are so much easier ways to obtain Electroneum cryptocurrency. This guide will serve as your entry into Electroneum mining, and probably cryptocurrency mining, in general. Both mobile phone and computer users can set up the software needed to mine Electroneum with just a few clicks.Īlthough it’s very easy to get started mining Electroneum, and users don’t need special hardware, it can still be a little scary – particularly if you’re not a technical type of person! That’s why I've created this handy guide to Electroneum mining.ĭuring the guide, we’ll aim to answer the following questions: What is Electroneum? How does Electroneum mining work? What software do I need? How do I get started? How much money can I make being an Electroneum miner? The team behind the project has created very easy-to-use software and made it available on lots of different devices. The idea of Electroneum is to make cryptocurrency available to everyone. It has a market capitalization of around $142 million. Today, it is the 77 th largest digital currency. It was created in 2017, when the team behind it ran an Initial Coin Offering ( ICO) to raise money to pay for the project’s development. Naturally, Electroneum mining topics are new, as well. Electroneum ( ETN) is a bit of a newcomer to the cryptocurrency world.
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