What is Ethereum eRush? EER

in #eer4 years ago

Greetings to all subscribers of my blog! In this article I am going to tell you about the innovative Ethereum eRush mining project. It has its own crypto currency based on the Ethereum blockchain that is called EER. So, let's figure out what this project is and what problems it solves.

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The main aim of this project is to create the world's first token issued on the ERC 20 standard and which can be mined at the same time! It sounds crazy, but it's true!

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Token EER
The EER token created by Ethereum eRush has all the advantages of ERC 20 tokens, such as fast transaction processing, high scalability, low commissions, and the ability to store them in absolutely any Ethereum wallet and there are lots of them today. Moreover, this token can be mined at the same time and, therefore, you can multiply your capital and earn even in falling market conditions.

Especially, since this token is already being traded on 3 exchanges. They are Sistemcoin, Coinsbit and Bitpay, although the Ethereum eRush project is only a few months old. Pairs with BTC and USDT are also available for trading. The price of one Ethereum eRush token at the time of writing articles is approximately 0.000028 BTC per coin. Trading volumes are quite high, especially on Sistemcoin and Coinsbit trading platforms.

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There is no need to worry about the exchange rate, because the developers have integrated a deflationary mechanism in their code, namely, the familiar halving, which reduces the reward of miners from every 730 blocks or approximately every 2 years. In total, it will be possible to mine 24,000,000 Ethereum eRush coins and currently the reward for miners for 1 mined block is approximately 16,000 EER tokens. Moreover, it is distributed evenly among all the miners who participated in mining of this block.

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MINING EER
And here we’ve reached the subject of how can we start mining this wonderful token?
Quite simple. At present, we can mine from personal computers running under MacOS and Windows systems, both in 32x and 64x-bit versions. And very soon you will also be able to mine from your phone.
In order to start the EER token mining process, you need to do the following:

  1. Go to the official website of Ethereum eRush using the link in the description under the article
  2. Download a mining program suitable for your operating system
  3. Unarchive the program
  4. Run the executable file which is called Miner
  5. Type the key to your Ethereum wallet that has a minimum of 100 EER tokens and a minimum of 0.2 ETH for payment of transaction fees
  6. You also need to specify the address of the WEB3 provider, which you can find on Infura.io in your personal account by clicking ‘Create new project’

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Having installed the program and specified all the necessary data, you can start the mining process itself. It works according to the Proof of Live algorithm, that is, the more time you spend online with a running miner, the more rewards you will get for the block you have mined. The power of your computer does not affect the reward level in any way, but it is affected by the number of EER tokens on your wallet of which there can be from 100 to 2999 pieces.

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In conclusion, I would like to say that the project is quite interesting and personally, I think it is profitable, especially in the current crisis conditions. After all, instead of a simple HODL strategy, you can now be safely engaged in mining of a liquid token from any, even the weakest PC, and even from your phone in the future, and thereby multiply your crypto currency capital.

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Official resources of the EER:

1 (2).pngWEBSITE: https://erush.org/
d.pngTELEGRAM: https://t.me/ethereumerush
iconfinder_Twitter_4490634.png TWITTER: https://twitter.com/EthereumRush
WHITEPAPER: https://github.com/Ethereum-Rush/etr/blob/master/whitepaper.pdf
⚠️Mining:
İnfura: https://infura.io/

🔥Exchange:
🔹https://coinsbit.io/tr/trade/EER_BTC
🔹https://sistemkoin.com/trade/EER_BTC

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Great project, very much. Thanks to the author for the interesting article content

Great review, thank you very much! Been watching the draft, I see a huge future! Success!

Blockchain never ceases to amaze with its capabilities and can become useful for the mining industry!

I wish only successful development of this team, it develops a competent strategy for its ecosystem

A worthy idea of using the free online of a large number of users! Proof of Live

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