ETC to be Publicly Quoted on Grayscale OTC Market

Grayscale will list ETC trust on Publicly-Quoted Over-the-Counter market, which should allow investors to buy ETC fund through a retail brokerage
27 March 2018   787

Grayscale is an authority on digital currency investing, which is building transparent, familiar investment products that facilitate access to the burgeoning asset class, and provide "the springboard to invest in the digital currency-powered Internet of Money."

Recently Grayscale had added the Ethereum Classic Investment Trust, which is available exclusively to accredited investors, and has an aim to reflect the price performance of Ethereum Classic for the value of its shares, but with less fees and expenses. Grayscale already provides Bitcoin, Ethereum, Bitcoin Cash, Litecoin and ZCash Investment Funds.

On March 27, 2018 Ethereum Classic has announced in its twitter account that Grayscale will list ETC trust on Publicly-Quoted Over-the-Counter market, which should allow investors to buy ETC fund through a retail brokerage.

It is worth reminding that Ethereum Classic Investment Trust charges an annual administration and safekeeping fee of 3.0%, which accrues daily.

BTC.com to Mine ETH and ETC

New pool will support the mining with video cards and CPUs
30 August 2018   851

Sponsored by the Chinese mining giant Bitmain, BTC.com mining pool expands its service by adding the ability to mine Ethereum and Ethereum Classic, CoinDesk reports.

BTC.com, which claims that its share accounted for 21% of all blocks of bitcoin mined last year, will add new functionality on its portal pool.btc.com. The service will allow the miners to switch their hash capacity from one pool to another, depending on what it seems most appropriate in a specific market environment.

According to the announcement, thus BTC.com wants to "help Ethereum to scale its mining infrastructure".

GPU miners are versatile, still profitable and are not easily replaced in a bear market. It's common for miners to split investment into both. Also, there are already ASIC miners for ethereum and ethereum classic which are easier to set up and are dedicated to ethash mining. This will save us from supporting a huge list of GPU coins simultaneously.
 

Zhong Zhuang

Bitman

Company note that the new pool will support the mining with video cards and CPUs, despite the fact that this year Bitmain released its own ASIC-miner, focused on the Ethereum.

In the future, BTC.com may launch other mining pools targeting "popular coins", such as Litecoin, ZCash and Monero, but Zhuang refrained from more specific applications. Before any decision is taken, the company needs to evaluate the network of the cryptocurrency, the quality of its code, the roadmap and the volume of trades, he explained.