I've done some more reading and apparently Etherem Classic (ETC, not ETHC) was created a short time before Poloniex made it available before trading. Upon it's inception, miners instantly attacked it and made it so there was little to no security and transaction verification, to the point where it was about to fail entirely (I am not a miner and do not know the technical details of this).

Then, Poloniex decided to release it as an exchange option out of the blue this morning, causing the price to crash and the volume of transactions to spike. From what I have heard, mining difficulty is 3% of Ethereum, causing some miners to flock to the new spinoff. The new spinoff has also caused a decline in price of Ethereum today.

As for the existing balance, that is only if you had ETH on your Poloniex account at the moment of the fork, not just ETH in any wallet. That is all I know so far. If anyone else has relevant information please feel free to share as that is the intended purpose of this thread. Two questions: 1. I am using HashFlare to 'mine' some ETH. Can You Mine Litecoin LTC With A Raspberry Pi. Is there another company where we can purchase mining for ETC? I have downloaded the ETC wallet and it is syncing now.

But is there a ETC wallet that I do not have to have on my computer such as the one for ETH? If so, where can I find it download and can I move the address I have on my PC version to this new wallet? I am new to crypto and a friend said I should check into ETC since ETH on HashFlare looks like it will never ROI for me.

2 Miners Pool.