[ANN][MNM][LAUNCHED] MINEUM |x13| PoW STARTED

[KawaBunGa]

Just received my first dividend, thanks, guys. Not very much, but I hope it's gonna change pretty soon, huh? And I got a question: how many satoshis are we supposed to get per 1 MNM? I'm not sure if I got the right number

The dividend is calculated automatically, based upon your shareholder position for the month of September.   That means that if you happened to, let's say, buy a lot of mineum at the end of September, it does not mean that your dividend payout for the month would be calculated based upon that number of mineum in your shareholder address.  The dividend averages out what your position was over the entire month.

No, I bought all the MNM's during the ICO, but I went through all the necessary procedures to obtain a shareholder position somewhere in September, so I guess, that's the reason. Anyway, thanks for the answer, I hope I'll see bigger numbers in next month

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[cryptodv]

Is there a problem with the network My Mac wallet doesn't sync 

[Kazadar]

Is there a problem with the network My Mac wallet doesn't sync 

My wallet connects without any issues.
Its the windows wallet but I dont think it should matter.

[cryptodv]

Is there a problem with the network My Mac wallet doesn't sync 

My wallet connects without any issues.
Its the windows wallet but I dont think it should matter.

It's probably the Mac's. Let me Slack Antho

[coinmenace]

Antho- What's the latest news about Mineum? Are you reinvesting part of the dividends allocated to Mineum - the 51%? How many GPUs have been added?

[Kazadar]

Antho- What's the latest news about Mineum? Are you reinvesting part of the dividends allocated to Mineum - the 51%? How many GPUs have been added?

From the website

The other 51% will be divided into four (4) categories
 Research & Development (25%)
o This part will act as an extra budget for the Research & Development
program. It will be added to the voted budget by Shareholders.
 New Equipment (25%)
o This part will act as an extra budget for the acquisition of new equipment.
It will be added to the voted budget by Shareholders.
 Creation of New Bounties (25%)
o This part will act as the creation of new bounties. Including contest, social
media bounty or similar area.
 MINEUM Core (25%)
o This part will goes to the core team.

[antho281]

02/11/2016 - Weekly Update is now available!

https://forum.mineum.org/d/71-weekly-update-03-11-2016

Antho- What's the latest news about Mineum? Are you reinvesting part of the dividends allocated to Mineum - the 51%? How many GPUs have been added?

As stated many times before, the remaining funds will be invested once we'll get in our DC, which is supposed to be in less than a month.
The reinvestment part ain't all the 51%. 25% of the 51% is used for reinvestment. For exact categories : https://mineum.org/documentation/mineum-dividends.pdf

For the moment we have about 50 GPUs running.

[sxafir]

What you minning wih this 50 card mineum,lbry,zcash ?

[antho281]

What you minning wih this 50 card mineum,lbry,zcash ?

ZCASH at the exact moment, you can check our latest update : https://forum.mineum.org/d/71-weekly-update-03-11-2016

[coinmenace]

02/11/2016 - Weekly Update is now available!

https://forum.mineum.org/d/71-weekly-update-03-11-2016

Antho- What's the latest news about Mineum? Are you reinvesting part of the dividends allocated to Mineum - the 51%? How many GPUs have been added?

As stated many times before, the remaining funds will be invested once we'll get in our DC, which is supposed to be in less than a month.
The reinvestment part ain't all the 51%. 25% of the 51% is used for reinvestment. For exact categories : https://mineum.org/documentation/mineum-dividends.pdf

For the moment we have about 50 GPUs running.

It is at least good to see some update. With regards to the 51% Dividends...

Research & Development (25%)
o This part will act as an extra budget for the Research & Development program. It will be added to the voted budget by Shareholders.

When will this be added to be voted by Shareholders - and what exactly are the Research & Development being done? How much of the Dividends are now in the pool for this? Is the move to the new DC part of this?

Creation of New Bounties (25%)
o This part will act as the creation of new bounties. Including contest, social media bounty or similar area.

When will new bounties be announced and how much is now in the pool for this?

[antho281]

02/11/2016 - Weekly Update is now available!

https://forum.mineum.org/d/71-weekly-update-03-11-2016

Antho- What's the latest news about Mineum? Are you reinvesting part of the dividends allocated to Mineum - the 51%? How many GPUs have been added?

As stated many times before, the remaining funds will be invested once we'll get in our DC, which is supposed to be in less than a month.
The reinvestment part ain't all the 51%. 25% of the 51% is used for reinvestment. For exact categories : https://mineum.org/documentation/mineum-dividends.pdf

For the moment we have about 50 GPUs running.

It is at least good to see some update. With regards to the 51% Dividends...

Research & Development (25%)
o This part will act as an extra budget for the Research & Development program. It will be added to the voted budget by Shareholders.

When will this be added to be voted by Shareholders - and what exactly are the Research & Development being done? How much of the Dividends are now in the pool for this? Is the move to the new DC part of this?

Creation of New Bounties (25%)
o This part will act as the creation of new bounties. Including contest, social media bounty or similar area.

When will new bounties be announced and how much is now in the pool for this?

In order not to touch to the return paid to our investors, the funds reserved for R&D and new bounties creation will be used to move to the Data Center. As soon as we will be able to cover our costs, these will be resumed as planned.

[o48o]

If we could choose other the btc mining i would hop on this train.

[coinmenace]

Price keeps dropping. There's not much BUY support anymore in exchanges...

[coinmenace]

antho - no weekly update yet? you need to give some nice updates to halt the price from dropping. otherwise MNM will drop to <1000 sats soon.

[berron]

antho - no weekly update yet? you need to give some nice updates to halt the price from dropping. otherwise MNM will drop to <1000 sats soon.

While dividends keep been paid every month I don't think so...

[coinmenace]

antho - no weekly update yet? you need to give some nice updates to halt the price from dropping. otherwise MNM will drop to <1000 sats soon.

While dividends keep been paid every month I don't think so...

If the dividends get higher maybe more investors will get in and buy MNM. Last dividend of around 3.1 BTC, if you have 10K MNM, you get around 33K sats.

Calculation of the dividends is still not transparent. Antho said before he will make this available in the Shareholder platform but never did so yet.

[ene1980]

antho - no weekly update yet? you need to give some nice updates to halt the price from dropping. otherwise MNM will drop to <1000 sats soon.

antho - no weekly update yet? you need to give some nice updates to halt the price from dropping. otherwise MNM will drop to <1000 sats soon.

 About the update, this is from yesterday:



Price drop happened because 2 factor, first time was a dump from the scam site cryptiplier.com, second one was a holder in need of fresh cash because truble with his bank.
We discussed about in the slack.

Meanwhile Antho is working to optimize miner for zcash with really good results.

[antho281]

antho - no weekly update yet? you need to give some nice updates to halt the price from dropping. otherwise MNM will drop to <1000 sats soon.

While dividends keep been paid every month I don't think so...

If the dividends get higher maybe more investors will get in and buy MNM. Last dividend of around 3.1 BTC, if you have 10K MNM, you get around 33K sats.

Calculation of the dividends is still not transparent. Antho said before he will make this available in the Shareholder platform but never did so yet.

If the dividends go higher, you will have to ask you some question, especially as we say that we are not buying new GPU until we get in the new DC.
So far, we are working hard to keep the results stable while working on every rig stability and it require a lot of time.

We are working hard on updates by trying to get everything ready as fast as we can. However, we have to do some choice : we can't update Shareholder Platform for now while having to work on over 40 Rigs which require regular attention for updates, calculate the dividends. The Shareholder Platform update is plan by the end of 2016, once we will have move to our new local. That says, for now we only just can "pay" you with our mining gains from MINEUM's gear.

For more information, you can take a look to our slack and everyone will tell you that with the equipment we currently have, our results are totally "fair".
We can't make the dividend higher magically because MINEUM isn't a scam. Though, we are on our way to make these profit more important as quick as we can.
2017 will be a bright year for us and we want the end of 2016 to follow the same idea.

[cryptodv]

Antho, I didn't see who won the weekly Twitter bounty, you never posted it  

[antho281]

Ancho, I didn't see who won the weekly Twitter bounty, you never posted it 

Haven't I?
Let me check this out!