Callisto Mining
Callisto Mining

Callisto Mining

Since Callisto has had its Air drop from Ethereum Classic some 10 days ago, there seems to be a lot of Hype about Callisto and how to mine this particular coin.

As we have learnt from the developers the coin is not able to be mined at the moment until the main net has been launched. The Scheduled main net launch is set for the 15th of April.

I personally believe that mining Callisto (CLO) will be very profitable, especially early on. Most of us have seen just how profitable ZEN was from its inception. Mining Callisto will be the same as mining ETC or ETH. After careful consideration, I have crunched some numbers in regards to mining Callisto and obtained the following results:

ETH is worth $699

CLO is worth $2

ETH block reward is 2.91

CLO block reward is 420

5700 block/s day each for each network

ETH procudes 2.91 x 699 x 5700 = $11594313/a day

Clo will produce 420 x 2 x 5700 = $ 4788000/ a day

CLO will produce 3 x less inflation compared to ETH, but will be more profitable unless CLO hashrate becomes 1/3 of ETH hashrate.

Even if CLO has 10x less hashrate than ETH, it will be 3x more profitable for mining.

My understanding so far is that will be offering mining for Callisto. I am sure more mining pools will open up once we are closer to the 15th of April and the launch of the main net.


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