Introduction to ETN

Electroneum (ETN) is a British cryptocoin that launched via ico the 14 September 2017.
It's design is based on the CryptoNote algorithm that also the most popular monero and bytecoin uses.

image source

As this article is being writteng, it ranked 54 with price 0,025662 USD coinmarketcap

''It's designed to be used in the mobile gaming and the online game market, the developers believed that the electroneum can be the most friendly cryptocurrency in the world, with the mobile app that can support a wallet managment and even mining the coin.''

You can find more about the CryptoNote algorithm Here

That coin is designed with that way, that the average user does not need to buy a powerful but very expensive Asic's.He will be able to mine with a single cpu (depents the cpu the amout that you can earn. Ιn my case that i have an I7 950 the results was not bad,it was around 75-95 H/s with Claymore's CryptoNote Windows CPU Miner v3.9) or an average gpu. I have an old Asus Radeon r9 270x 2GB see here and i was able to do 440 H/s with the Claymore CryptoNote GPU Miner v9.7 Beta - POOL
In both caseσ as my pool i use miningpoolhub
With those stats above i was able to earn around 13-15 ETN per day.

Here some of my earnings.

Im not here to tell you how to set up the miner, because this article will become huge and difficult to understand.
(I already believe that for those that is not familiar with mining, maybe are little confusing.)

The previews was some words for what Electroneum is, my own experience on this and the results of the mining i did.

Account Creation

• The first step that we have to do is to visit the Official page electroneum

As you can se here is the main page of the Electroneum.

• We have only to click to Create Accout and automatically will be redirected to the Acount creation section. Just follow the steps and create an account.

Once you create and confirm the account you are ready to log in!!

Setting up the Wallet

When you log in you propably see something like this:

This is the main Dasboard

• In the left side you can see all your possible choices, such as change password , exchanges, log out etc.
• On the other hand in the right side, you will see your ballance and your public wallet adress (you dont have one yet, you have to click generate wallet adress).
• After your adress is genareted you are ready!! Now your account is ready to send and recieve Electroneum!!

Electroneum App

For the end i have left the best part of this article!! And its not other from the Electroneum App.As i said in the begining of the post with this app you will not only able to manage your wallet, but you can mine Electroneum!!
The most of you probably think how the hell a cellphone can mine ? IT CAN'T or in most of the cases are not profitable and maybe cause serious damage to your phone(overheat or total cpu crush). Mobile phones is not desinged to do this kind of work.
So why im saying all this stuff for the mining mode of the app? Because is not actually mine!! They benchmark your divice and allocate it with a hasrate that it would be able to achieve (my phone has 22 H/s) if it were actually mining!! the rest is history, you will be reward the amount of ETN as if you actually mine a block with this hashrate!!

• Now lets take a look to the app.

The miner

That is the miner!!

Here you can start the miner with just one touch! You can also check the miner status, your pending ballance, your hashrate and how many users are active. You can see im not the only one!!

The wallet

This is how your wallet looks!! As you can see, in the top is your ballance(the blue brush touch, im a real painter!!).
You can send and recieve ETN very easy and aslo you can see the transactions you made!!
I dont wan't the fill all of my article with photos so from now on i will continue only with words! Seeing the image above,
you would notice that in the bottom is all your options. The gear in the right corner is the app's options, there you can change language see informations about the app and others.
You can also check instantly the price of ETN or the dayly volume!!
Finally they have a referral system that encourages you to invite people to join the app with a trophy of 5000 ETN. The only thing you have to do is to invite 5 people!!

Τo put an epilogue to all this, i have to say that with this app you can have a mining experience. You don't have to know how to set up a miner or other stuff you don't know and ofcource you will get some free ETN!!
I hope all of you enjoy the article!! If you wan't to try the app you can find it here