Electroneum Mobile Mining Update

Electroneum (ETN) CEO Richard Ells  posted the following to ETN’s social media channel.

I just wanted to drop an end of the week update to let everyone know that we’ve switched the automated miner payout system back on! You should see your payments coming through soon!

I should re-iterate that your ETN has never been at risk and no ETN or ETN earnings have been lost through this delay. If your payment failed at any time in the past, it will automatically be re-tried until you get it.

We understand your frustration if payouts have been slow, but we’ve only just come out of BETA and this has been a great test of the payout system, uncovering some bugs that needed fixing. At some point there will be an increase in the payout threshold, which will help to reduce the number of blockchain transactions. We’ve kept it deliberately low at 10 ETN to stress test the system and find the weak points before our corporate partners go live. We are rolling out an app update soon that gives more notifications about the mining payments, making it easier to understand and follow.

Don’t forget to join DollarDestruction’s NEW telegram channel! At least 15 news articles delivered to you daily!

Yesterday we had over 125,000 miners at some point during 24 hours – but we only saw 77,000 miners live at any one time. With that information, and the fact that Apple have still pushed back on the iPhone app, we would like to ask YOU, our community to answer a quick poll about the mobile miner, which could enable us to find a solution for Apple iPhone users and developing world users that have limited internet access.

The miner currently has to work in the background of your phone and you need to ensure you always have internet access.
If given the option would you:
Prefer to keep the miner exactly as it is now, requiring 24 hour internet access and background mode.
Prefer to make a daily interaction at a time convenient for you. This will take just a few seconds when you’re online and could even allow earning ETN via the web page.

Thanks everyone,

Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

Author: Giles Arbor
Image Credit