Description and forecast of the Einsteinium (EMC2) cryptocurrency rate

We present to your attention the digital currency Einsteinium, the main task of which is to popularize scientific research.

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• fund
• review
• algorithm
• mining
• mole Hole
• wallets
• purchase
• technical support
• result

The name Einsteinium, which is difficult to read at first glance, is actually derived from the word Einstein. Although this currency does not have a direct relationship with the famous genius Albert Einstein, who created the theory of relativity, it seems that with this name the founders wanted to emphasize the connection with such an important industry for society as world science, which makes many outstanding discoveries and achievements. Why science?

The Einsteinium Foundation is the world's first non-profit official organization that promotes scientific research among the crypto community. This EMC2 token is a kind of charitable project, through the activities of which various innovative ideas and developments valuable for science, as well as IT start-ups, are financed.

Einsteinium cost

At different times, this coin had, as often happens, both ups and downs. Either during bursts of activity the rate reached 700 satoshi, with daily volumes of more than 2000 bitcoins, then it stabilized at a level of approximately 150 satoshi.

At the moment, the Einsteinium rate is 0.00005433 BTC. The exchange rate against the dollar is now at 0.71 USD, and against the ruble 40.34 rubles. for 1 EMC2. The total capitalization at the moment is almost 154 million dollars.

About the Einsteinium Foundation

The Einsteinium Foundation was officially registered on April 7, 2014 in Montreal. It positioned itself as a non-profit organization. It was a young, growing Canadian project whose goal was to fund cutting-edge IT projects, cryptographic projects and, of course, research projects. Members of this community themselves consider the options and decide by voting which potential candidates will receive funding, and in what amounts.

The Einsteinium Foundation is committed to obtaining grants and building strong long-term business relationships with various NGOs around the world in order to be able to help promising fundamental projects with any type of activity.

Einstenium (EMC2): A Little-Known Cryptocurrency Up 21,000%

Einstenium (EMC2) is also a little-known cryptocurrency whose main goal is to raise funds to fund leading scientific research aimed at improving our future.

Just a few days ago, the EMC2 token updated its previous price high.

From the beginning of November to the present day, the value of the digital currency has increased from $0.06 to $0.23. Over the past 24 hours, the increase has been more than 50%. Currently, the market capitalization is approaching $50 million, according to the website CoinMarketCap.

You can buy or sell Einstenium cryptocurrency on major exchanges such as Bittrex and Poloniex, as well as the Cryptopia trading platform. The main trading volume falls on the Bittrex platform. It is noteworthy that the EMC2 token has increased in price in dollar terms by almost 21,000% since the beginning of the year. Few cryptocurrencies can boast of such an excellent result, except that the NEO token was able to surpass it in value growth.

Since November, the currency has become available for trading on the UPbit exchange, as reported on Twitter. Also the other day, the Einstenium developers announced on their Twitter page an update to the Road Map:

• Development and release of a web wallet that will allow you to safely store tokens online.
• Creating a mobile version of the wallet for the EMC2 cryptocurrency.
• Development of the simplest and most understandable API user interface for connecting to the network.
• Creation of a platform for financing research and development work, advanced IT projects, as well as startups from the crypto world. This platform will embody the concept of the Einsteinium team.
• Development and launch of a new platform for social networks. This application will allow you to exchange messages and easily send gifts (drinks, flowers, kisses, hearts) to your friends and acquaintances with EMC2 tokens attached to them.
• Release of the “SUPER WALLET” wallet, which will allow users to buy cryptocurrency directly inside the wallet using a credit card.
• Launch of the “ZERO RISK” insurance system – zero risk. Margin trading is known to increase investors' potential profits while increasing risk. The “ZERO RISK” system from the Einstenium team will allow you to minimize risk by insuring deposits for a small insurance premium.
• Implementation of the opportunity to buy and sell goods and services in the international online supermarket Magento.
• Release of the Einsteinium SDK development kit, which will allow a simple way to integrate EMC2 tokens into users’ businesses by opening an Internet account in the company’s web wallet.
• Creation of a fully functional Einsteinium debit card that will help users make purchases and pay for services using the EMC2 cryptocurrency.
• Organization and holding of the annual event ElNSTENIUM AWARDS, sponsored by the Einsteinium Foundation. The best researchers and students in the field of science and technology will receive a well-deserved trophy for their work from the Einstenium team.

To all of the above, we would also like to add that every month, research and educational programs from all over the world are nominated by EMC2 users for grants. After which the Einsteinium community votes for them on the Internet on the Einstenium website.

As a result, funding can be received by a scientific project that expands human knowledge in any area and helps build a better and safer future.

The launch of the EMC2 cryptocurrency in 2014 allowed the Einsteinium Foundation to support innovative scientific projects around the world. The main advantage of the Einsteinium cryptocurrency is its security, as it cannot be counterfeited.

Valery Smal

Editor. Marketing director. Crypto investor since 2015.

What is the Einsteinium cryptocurrency?

The coin, designated EMC2, was launched on March 1 and is designed to help the foundation achieve its goals of financing cutting-edge scientific work. This is a decentralized digital currency that is an alternative to standard well-promoted brands.

Einsteinium is a cryptocurrency very similar to Bitcoin. However, its peculiarity is that it has a charitable purpose, through which it sponsors scientific research, as well as the most advanced IT projects and cryptocurrency hypes. The choice of project for which funds will be allocated is determined through a vote of all members of the internal council.

Einsteinirm rate chart and prospects

Now let's talk about whether EMC2 will grow. Today, cryptocurrency trading takes place on the Poloniex and Bittrex exchanges. The total capitalization is approximately $50 million. At the same time, the developers continue to work on improving the project. Einsteinium expects such updates in the near future;

• A special web wallet for securely storing coins online and its mobile version;
• A full-fledged debit card that allows you to purchase goods and pay class=”aligncenter” width=”1276″ height=”887″[/img]

• User insurance. The name of the insurance system is promising - “Zero Risk”, or “risk equal to zero”. The purpose of the insurance system is to minimize risks when conducting margin trading through deposit insurance. The insurance premium is small;
• Development of an extremely clear interface for users;
• Creation of an innovative platform for social networks;
• Creation of SUPER WALLET – a wallet for purchasing cryptocurrency using a credit card;
• Possibility of purchasing goods and services in the Magneto online supermarket;
• The ability to integrate cryptocurrency funds into your business;
• The annual event ElNSTENIUM AWARDS under the auspices of the Einsteinium Foundation with the payment of rewards to students and researchers who have achieved the best scientific results.

We can expect that interest in EMC2 will increase even more in the near future, and so will the Einsteinium course.
The forecasts are the most optimistic. And this will serve as an additional impetus for development. It is possible that this particular cryptocurrency will form the basis of the scientific research investment system. Thus, projects that can expand people’s knowledge in a particular area, as well as improve the quality and safety of their lives will be financed, that is, projects of the future are financed with innovative currency, which is predicted to have a completely stable future. The Einsteinium system is progressive virtual money that can bring real benefits. Despite the fact that this cryptocurrency cannot be called too famous, it ranks 70th in terms of capitalization. According to experts, Einsteinium has prospects, so you can make money on it.

Learn more about the Einsteinium token and its algorithm

The total number of coins of this altcoin that is planned to be released is 245 million. This is the total amount that will be in circulation after 730 eras.

To issue Einsteinium tokens, designated by the ticker EMC2, an algorithm is used based on the “Proof-of-Work” script, where profit distribution occurs as follows:

• 2.5% of each block goes to the Einsteinium Foundation;
• 2% of bonuses for mining each block are a charitable contribution. They are allocated automatically as a donation to support research projects;
• 5% is the amount that needs to be spent for development (on rewards for miners, on bonuses for cryptocurrency faucets and other marketing activities).

How does Einsteinirm work?

The unit of time in the Einsteinium cryptocurrency accepted for mining is called an epoch. Its duration is 25 days. During this time, it is possible to mine 36 thousand blocks. From each block mined, 2.5% of the amount is transferred to the fund, 2% to finance scientific development, and 5% goes to marketing events and charitable purposes. These funds are used to generate grants to finance scientific projects. The selection of innovative scientific work for a grant is made at the end of each era.

The cryptocurrency operates in accordance with the Scrypt Proof-Of-Work algorithm. Like Bitcoin, EMC2 is a distributed digital currency with no premine. To interest miners in the long process of mining cryptocoins, 180 blocks are distributed in each era. Finding each block means a reward of 2970 EMC2 (Einsteinium) coins for the miner. This technology is called a “wormhole”.

How to buy cryptocurrency

To operate with cryptocurrency, you will need an Einsteinium wallet. The principle is the same as in Bitcoin wallets:

• 
  Registration;

• Create an account;
• Obtaining an Einsteinium address.

After this, you can begin operations with cryptocurrency.

Sources for purchasing EMC2 are:

• Exchanges (LiveCoin, Poloniex and others);
• Mining pools.

Mining methods

There are 2 ways to mine Einsteinium: using ASICs or video cards. The payback of both options can be approximately calculated using a special online calculator. Of course, the calculation will be approximate, since the cost of cryptocurrency is constantly changing and the number of miners is increasing. Even with significant and stable growth in cryptocurrencies, the actual profit is less than expected, since you have to share the income with newcomers.

The advantages of video cards include:

• Availability. They are always on sale;
• Liquidity. If necessary, a video card can always be implemented. It will be in demand for at least 2-3 years;
• Availability of a warranty period (from 1 to 3 years), when the video card can be repaired or replaced with a new one for free;
• The ability to use a video card farm at home. The noise is low, the equipment heats up moderately;
• Possibility of mining different cryptocurrencies due to the video card supporting different algorithms.

The farm also has its drawbacks: a longer payback period compared to ASIC. The farm takes up too much space. In addition, putting the system together requires skill. Otherwise, burning the video card or processor is as easy as shelling pears.

Advantages of ASIC:

• Extremely easy to install. All you have to do is turn on the equipment, enter your wallet and start mining;
• Short payback period.

Disadvantages of ASIC:

• High price;
• High probability of manufacturing defects, low maintainability;
• Loud noise, generation of large amounts of heat. The best option is to place the miner in a separate room. If there is none, then you will have to pay rent;
• Support for 1-2 algorithms, no more. If one supported algorithm becomes unpopular, the device will simply be useless.

Features of EMC2 mining

You can mine the Einsteinium crypto in the standard way - using video cards. Mining fees equal approximately 5% of the total block reward. What’s also interesting to know about Einsteinium coins is that this token, similar to the popular Bitcoin and Litecoin, was issued without a premine.

The Einsteinium mining system is built on the principle of division into eras (Epochs). Each era is dedicated to a specific scientific project, equals a period of approximately 25 days, and is designed to produce 36 thousand blocks of coins. After this period, the next Epoch begins, which is already dedicated to investing in a completely new fundamental idea from the field of science.

Peculiarities

The Einsteinium cryptocurrency is represented by the symbol EMC2. The system automatically donates 2% of each block pledged to the Donation Fund.

Einsteinium mining is divided into Epochs: each Epoch mines 36,000 blocks of coins and lasts for 25 days. Every 25 days, a new scientific project is selected for investment.

Similar to Bitcoin, Einsteinium is a distributed peer-to-peer digital currency issued without any premium. EMC2 is implementing a major new feature called Wormhole Mechanics to reward miners.

Each Wormhole event occurs randomly during each epoch and lasts 180 blocks with a reward of 2970 EMC2 per block.

Einsteinium coin uses the POW scrypt algorithm, and has a total of 299 million coins. 2.5% of each block goes to the Einsteinium Foundation, 2% goes to scientific projects, and 5% goes to marketing, rewards for miners, and faucets.

What is a Wormhole?

The Wormhole system (Wormhole Mechanics) is an additional innovative opportunity to reward miners who have been collaborating with the project for a long time. Since Einsteinium, following the example of Bitcoin, is a peer-to-peer, peer-to-peer (P2P) distributed digital currency that does not provide any premiums, wanting to realize this opportunity to increase user loyalty, it was decided to introduce a new product - Wormhole. Its events (Wormhole Event) occur randomly, that is, one event occurs completely randomly on an unknown date during the duration of the era. Each of them has a duration of 180 blocks and the reward is 2970 EMC2 coins per block.

ALL ABOUT MINING

Get a 3% discount! Use bonus code: HF17TOPBTC3 The Einsteinium cryptocurrency (EMC2 trademark) was created in 2014 and is an alternative decentralized coin, the creation of which had a specific goal - to increase the amount of funding for scientific work.

It is issued by the Foundation of the same name, which exists to attract financial resources for the purpose of financial support for advanced scientific projects. The total number of digital units is limited to 299 million.

Based on user payments received as a result of mining Einsteinium tokens, an asset fund is formed. It is thanks to him that scientists are provided with grants for research. Funded research projects select research that is of revolutionary significance in a wide range of scientific fields.

This currency showed unprecedented growth - plus 169,800% at the end of 2017, thanks to which it entered the top 50 of CoinMarketCap. At the beginning of 2022, the EMC2 rate was $0.000875, but at the end of that year the cost of the token was valued at more than $2.

Important facts

Perhaps the decisive stage for the price takeoff was the October announcement of a hard fork - it was planned to reduce the number of coins by 50 million units. The separation procedure was completed on December 10.

This is not the only reason for the growth; multiple rumors about the crypto unit are also stimulating it. For example, in early December information appeared about a possible connection with Apple. It was soon refuted, but now the developers are announcing the announcement of other significant news, which again provokes a great stir around the currency.

Mining Einsteinium

There are two ways to mine EMC2 coins - using ASIC or video cards. It is impossible to calculate the payback of each of these options with absolute accuracy, since the price of tokens is constantly changing and the number of “miners” is growing.

The entire process is divided into so-called epochs, each of which has an average duration of 25 days. During these 25 days, a network participant can mine 36,000 blocks. At the end of each era, a new scientific research is selected and nominated for a grant from the Einsteinium Foundation.

Here is a list of the most profitable pools:

• Supernova;
• Hash-to-Coins;
• Chainworks Industries Pool.

You can also get coins by purchasing cryptocurrency on the exchange. The sites Bittrex, Cryptopia, as well as Upbit and Poloniex are suitable for this purpose.

This system, just like Bitcoin, offers a 1-rank digital coin. The realization of profitability occurs on the basis of an innovative development called Wormhole Mechanics.

The project started without a premine, like BTC and LTC. The creators brought to life the wormhole technology - in order to motivate “miners” to mine cryptocurrency in the long term, each era includes 180 blocks, the “finding” of which brings 2970 units of EMC2 for each mined chain. The distribution of “lucky” blocks occurs randomly. The work was based on the Proof-of-Work algorithm.

Where to store?

EMC2 tokens must be stored in the system wallet. It operates according to the standards of Bitcoin wallets - you just need to register, create an account and get an address to start using the system’s monetary units.

At the moment, the developers have provided users with wallets for Mac and Windows, as well as a mobile version that is available through Coinomi for Android. According to the project Roadmap, a web and mobile wallet will soon see the light of day.

Apart from Coinomi, there are no third-party wallets suitable for using coins.

How are they distributed?

2 percent of the reward from the calculated block goes to the Foundation - it is used to distribute grants to scientific researchers. In addition, 2.5% of the coins mined through block calculations go to the network fund, and another 5 percent of the tokens go to the marketing campaign, as well as to charity and publications.

Einsteinium Forecast for the Future

The technology has good prospects - the coin is interesting for mining because it has a certain niche, but not in the world of digital currency, but in the real world with a huge reach of users and the inclusion of a large number of areas (science, IT, education, medicine, etc.). This is a new solution in the development of the blockchain network, and the dynamics of the exchange rate confirms its profitability, showing rapid growth in a short time.

The creators promise to present a whole range of system products, including:

• Web wallet for digital coins;
• Client for control on gadgets;
• API;
• Social network for site participants;
• Market place for network participants;
• Platform for scientific development based on blockchain, etc.

Speaking about the formation of the value and price forecast of the Einsteinium cryptocurrency, it is worth noting that the ecosystem’s digital token was designed both to function within the network itself and to go beyond the world of cryptographic currency. This helps popularize digital currencies in the real world with their actual use.

EMC2 wallets

The following versions of wallets are presented on the cryptocurrency website: Windows wallet, OSX Wallet, Coinomi Android Wallet and Wallet source. All wallets have recently been updated to version 0.13.48 – Excalibur. Updates are available for Windows X64, Mac and Linux operating systems. There is also a separate version for the 32-bit version of Windows.

Before starting, you need to make sure that you have a backup copy of your existing wallet. When downloading wallets, for your peace of mind, you can check the authenticity using the onlinemd5 website. For faster synchronization, it is suggested to use snapshot from EMC2 blockchain.

To store, send and receive EMC2 on smartphones and other Android devices, you have the opportunity to download the Coinomi wallet from the Play Store.

Where to buy Einsteinium

The EMC2 currency is represented on the world's largest cryptocurrency exchanges such as Bittrex, Poloniex, Cryptopia and UPbit. To popularize the currency and attract more public attention to it, the creators decided to make a move such as presenting the EMC2 token on various world-famous trading platforms, using it as a tool for buying and selling various goods and services. This makes Einsteinium accessible to the largest possible audience, which, as planned by the developers, should lead to the interest of many people and attract a flow of investment into the scientific field.

History of EMC2

The purpose of creating the EMC2 cryptocurrency is to increase funding for innovative scientific research that is aimed at improving the future of all humanity. Unlike cryptocurrency, the fund of the same name has a longer history. It was the founders of the fund who initiated the creation of their own coin.

Already at the end of March 2014, the first payment was made, which in dollar equivalent was approximately 1 thousand dollars. This is equal to 526.3 thousand coins EMC2.

The benefits of Einsteinium include:

• A noble mission aimed at the development of science;
• Mining opportunities;
• Possibility of payment for goods and services;
• Fast money transfers.