Electroneum mining app hits over 30,000 users within hours of release!
Image Source: electroneum's twitter
About 3 hours ago electroneum released their mobile 'mining' app, that simulates mining by rewarding users pre-mined tokens, thus saving your phone's battery and cpu.
How does it work?
So I say ‘mining’ because it doesn’t actually mine, it simulates mining by airdropping the ETN token (electroneum token). It will determine the hashrate of your phone based on their app, send this information to electroneum and the amount you ‘mine’ increases over time. Once you hit the threshold it will pay-out to your wallet.
Please check out these links to see how it works and how to get the app ( https://electroneum.com/) and my previous article, which explains a lot more about the app (https://steemit.com/bitcoin/@hmht1234/electroneum-new-mobile-airdropping-miner-is-now-live-how-it-works-and-how-to-get-it)
Why are 30,000 users important?
30,000 users in 3 hours shows that this project has a lot of interest from the community and is the first step for mass adoption of electroneum and, more importantly, cryptocurrency. It simulates mining in a very simple way that everyone can use - simply download an app and click a button! This is what is needed to entice your 'average Joe' into the cryptosphere, where they can then expand into the realm of cryptocurrency investing. This makes everything easier for the future and could potentialy cause the prices to turn bullish.
The fact that this many users have signed up this early only shows it potential and the future of electroneum!
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Wow - even while typing this article the number of users expanded by 2000 people...
App works great! Been hodling ETN for awhile now and this is really exciting for the reasons you mentioned. For even greater mass adoption, I wonder if they could use another term than "mining". Like every article I've seen, you need to explain that mining ETN on the app is not actually "mining". Maybe another buzzword similar to airdrop could prove to be even more mainstream! Just a thought! :)
That is very true - I did say that in my previous article but didn't in this. I will edit it now as it is a very good point that I missed out on this post - thank you :)
We are about to hit 40,000 users only 1 hour after this post - about 4 hours after release! :D