eMark (DEM) is a decentralized, peer-to-peer cryptocurrency that enables secure and instant payments to eMark Wallet holders all over the world. A German cryptocoin, eMark was released in the fourth quarter of 2013 as a new addition to the ever-growing world of cryptocurrencies.
By getting an eMark Wallet, you can begin storing coins you collect from trading or mining. Having its digital wallet is essential so that you can take part in its expanding network, just like how a Bitcoin wallet is needed to use BTC. But as of now, only Windows and Mac users can have an eMark Wallet as only these two platforms are optimized to run the client.
Upon getting the digital wallet work on your computer, you can look for an eMark Faucet online and collect your share of the free coins that are up for grabs. If the faucet has enough funds, then make sure to grab that opportunity. Otherwise, you can always look for another one or chance upon it some other time.
You’re guaranteed to earn coins from eMark mining, especially when your computer is equipped with sufficient power to solve complex mathematical problems. That’s why it would be highly beneficial if you also engage in mining instead of just relying on trading eMark (DEM).
But when you mine, you must be aware that eMark (DEM) uses the SHA-256 algorithm and runs on the proof-of-work and proof-of-stake hybrid system. This is the reason that despite having a large eMark Difficulty of 1,147,544.8485, miners will still be able to mine using less energy as the proof-of-stake system promotes energy efficiency.
With such high difficulty, mining solo is a big no-no if you don’t have a powerful machine. In such case, it’s best to join an eMark Mining pool and simply collect your share from the pool’s total earnings. Moreover, it’s advisable that you get an estimate of your expected earnings in a day, a week, a month, or even a year with the use of an eMark Calculator. In this way, you will have an idea if you’re at an advantage in mining eMark (DEM).
eMark (DEM) is listed in the Bitcoin market and can be traded on exchanges like Cryptsy and Coins-E. But if you want to trade this cryptcoin with some LTC, you can find it in the Litecoin market on the Coins-E exchange. It’s evident, however, that the eMark Price/Value is much higher when traded against Litecoin than with Bitcoin. Moreover, its price is on the same level with that of the other alternative currencies at present.