Electroneum (ETN) CEO Richard Ells in what has become a regular Friday update posted the following to it’s social media channel.
I just wanted to drop an end of the week update to let everyone know that we’ve switched the automated miner payout system back on! You should see your payments coming through soon!
I should re-iterate that your ETN has never been at risk and no ETN or ETN earnings have been lost through this delay. If your payment failed at any time in the past, it will automatically be re-tried until you get it.
We understand your frustration if payouts have been slow, but we’ve only just come out of BETA and this has been a great test of the payout system, uncovering some bugs that needed fixing. At some point there will be an increase in the payout threshold, which will help to reduce the number of blockchain transactions. We’ve kept it deliberately low at 10 ETN to stress test the system and find the weak points before our corporate partners go live. We are rolling out an app update soon that gives more notifications about the mining payments, making it easier to understand and follow.
Yesterday we had over 125,000 miners at some point during 24 hours – but we only saw 77,000 miners live at any one time. With that information, and the fact that Apple have still pushed back on the iPhone app, we would like to ask YOU, our community to answer a quick poll about the mobile miner, which could enable us to find a solution for Apple iPhone users and developing world users that have limited internet access.
The miner currently has to work in the background of your phone and you need to ensure you always have internet access.
If given the option would you:
Prefer to keep the miner exactly as it is now, requiring 24 hour internet access and background mode.
OR
Prefer to make a daily interaction at a time convenient for you. This will take just a few seconds when you’re online and could even allow earning ETN via the web page.
If you are Facebook then you can take part in the vote here: https://www.facebook.com/electroneum/posts/1987785901483378
Thanks everyone,
Richard
Earlier in the afternoon we had an update regarding the ASIC miners.
Our ASIC’s miner’s have arrived at the office! – As you know, the community has been BUZZING about ASIC’s- so we brought a few in. The idea is to see how they run with our blockchain with and without the anti-ASIC code changes that we are working on. Our Dev team completely understand the tech behind ASIC’s so not to worry we are on it! That means for all of you who speak mining lingo’; that we will be working with the ASIC miners today and well into next week to decide on the best code to implement in our next update!
