Cryptocurrency is one of the most profit making industries in the world right
now. There are lots of protocols employed to ensure the blockchain safety. Out
of this, Proof-of-Work is the most popular algorithm which is employed in any
coins like Bitcoin, Ethereum, Litecoin, and the list goes on. But mining has
many difficulties. First, suitable hardware has to be acquired and assembled,
individual components carefully selected with an eye towards performance, power
consumption, and price. The equipment then needs to be properly configured. The
software has to be selected appropriately for different coins. More than that,
mine farm should be profitable. easyMINE is a project aimed at simplifying the
mining of cryptocurrencies.
Applancer introduces the 15 Insights on the easyMINE platform and ICO:
easyMINE can be described by one phrase: "plug & mine". It is a
platform aimed at simplifying the process of setting up, expanding, and
managing a cryptocurrency mine. It will provide a complete software solution
for easy setup and maintenance of mining equipment. It helps the beginners in
the field of crypto-mining and experienced miners alike. With easyMINE, anyone
will be able to involve with cryptocurrency mining.
2. Platform overview:
The easyMINE platform consists of different modules. They are easyMINE OS
(eMOS), easyMINE Server, easyMINE Dashboard and easyMINE Mobile. These four
modules help in the efficient functioning of the platform.
3. easyMINE OS (eMOS):
It is a custom Linux distribution optimized specifically towards cryptocurrency
mining. easyMINE OS includes all necessary system components, GPU drivers,
pre-installed mining software for a variety of currencies, and an easyMINE
script package for hardware management and communication with the easyMINE
server. It is developed under an open source license.
4. easyMINE Server:
easyMINE Server is the main module of the platform. It Controls all the
operations of mining machines using Artificial Intelligence based optimization
algorithms to adjust hardware settings like core voltage, BIOS version, clock
frequency. etc and mining parameters such as currency, pool, etc. It collects
performance data and makes it available to users.
5. easyMINE Dashboard:
It is the administrative module of the platform. An online configuration and
management interface, accessible via web browser. Enables remote monitoring of
and control over mining machines connected to the easyMINE server.
6. easyMINE Mobile:
easyMINE Mobile is also an administrative module. It is a dedicated mobile
application for iOS and Android devices. This allows for remote management of
mining machines connected to the easyMINE server.
7. easyMINE is complete:
The easyMINE distribution package is complete and it will include all the
software needed to run a profitable mine: the eMOS operating system, hardware
drivers, mining programs, and the eM dashboard. No additional purchases,
downloads, or installations will be necessary.
8. Easy to use:
For people new to the world of cryptocurrencies, the very concepts of
“blockchain", “proof", or “hash” can be hard to grasp. easyMINE aims
to be accessible even to complete beginners and will require no more than
intermediate computer skills for successful basic operation.
9. It is near-autonomous:
With easyMINE, every step of the mining process can be fully or partially
automated. At its most autonomous, the system will rely on an array of
self-configuration, self-optimization, and self-management algorithms to
operate with no—or minimal—user supervision.
10. Scalable and extensible:
easyMINE is designed to provide a consistent level of usability and convenience
regardless of the number of mining machines under its control, It is suitable
for small, growing, and moderately large mines. In addition, it can be easily
extended to support new currencies, mining algorithms, wallets, etc.
Advanced machine learning and data mining techniques allow easyMINE to
dynamically fine-tune its operating parameters for maximum efficiency. Optimal
values will be determined through analysis of performance data collected in a
centrally maintained knowledge base. “Lessons” derived from any given mining
machine will be applied to improve the functioning of other similarly
From a single remote dashboard, easyMINE will provide access to and precise
control over every aspect of a mining operation: from initial set-up to
inventory management, to performance monitoring and optimization, to
troubleshooting and maintenance.
13. easyMINE Tokens (EMT):
The easyMINE tokens (EMT) are the crypto coins of the platform based on the
Ethereum Classic (ETC) blockchain. EMT tokens will be used as the sole form of
payment for easyMINE services. easyMINE users will make prepayments to their
individual EMT accounts. The total supply is limited to 33,000,000 easyMINE
14. easyMINE ICO:
The ICO of the easyMINE tokens is
scheduled from 10th August to 31st August. 27,000,000 EMT tokens will be
offered to the public through an ICO. The token sale will end when one of the
following conditions is met:
(a) 500,000 ETC is collected, or
(b) 27,000,000 EMT tokens are sold, or
(c) 198,000 blocks are added to the ETC blockchain (i.e. approx. 34 days have
All unsold tokens will be burned.
15. ICO follows descending price auction rules:
The easyMINE ICO follows a descending price auction rule. the token price will
decrease continuously throughout the entire sale period. The price will be lowered
by 0.000001 ETC every block, from 1 EMT=0.2 ETC to 1 EMT=0.002 ETC. The EMT
purchase price will be determined at the close of the sale and will be the same
for anyone who sends ETC to the specified contract.