[ANN] Minereum - First Self Mining Smart Contract

[heory]

Wow this token is growing so fast, but judging by what it offers and the small market cap this thing isn't anywhere near finished pumping! Not even 1 mil market cap yet.  

Yes, the current market value is very small, if the development team is awesome, there is still much room for growth.

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[minime0105]

Wow this token is growing so fast, but judging by what it offers and the small market cap this thing isn't anywhere near finished pumping! Not even 1 mil market cap yet.  

Yes, the current market value is very small, if the development team is awesome, there is still much room for growth.

Correct, another good development and use for this coin will be Moon already, as i have said before, It only takes 1 whale for it to move the price up because of its low market cap.
Seems my Buy order is paying off already.

[Gilboa]

I'd like to speculate on being a MNE whale so.....

About how much MNE would one need to possess to be considered a whale?

[minime0105]

I'd like to speculate on being a MNE whale so.....

About how much MNE would one need to possess to be considered a whale?

One whale trade at least 100 btc. ., at least 50 btc is still a shark.
Just one scenario, If MNE can be use not only in trading but in gambling, or in purchasing, or any other uses as well. For sure, the price will be huge, because of low supply, limited coins to mine per day. All in all, we just need to spread the word across the globe, and it will grow on its own.

[Voltaje]

I'd like to speculate on being a MNE whale so.....

About how much MNE would one need to possess to be considered a whale?

One whale trade at least 100 btc. ., at least 50 btc is still a shark.
Just one scenario, If MNE can be use not only in trading but in gambling, or in purchasing, or any other uses as well. For sure, the price will be huge, because of low supply, limited coins to mine per day. All in all, we just need to spread the word across the globe, and it will grow on its own.

I tried to contact cryptocompare and ethnews, left them a couple of messages, hope they check this out, I recommend you do the same, more people asking for an article may be beneficial.

[keyboardwalking]

https://www.reddit.com/r/Mynearyum/comments/6ahtrj/minereum_daily_thread/

^MNE daily thread


https://discord.gg/QwWdFv

MNE discord ^

[amy1284455127]

https://www.reddit.com/r/Mynearyum/comments/6ahtrj/minereum_daily_thread/

^MNE daily thread


https://discord.gg/QwWdFv

MNE discord ^

Why is there nothing?

[the_timetravler]

We accualy need a new word for this as this is not an usual Airdrop like other Devs do - as we get an Airdrop every day for 47 years.
So the weatherforcast for the Gennesis area is "it will rain for the next 47 years"

Thanks Dev(s) for good work and this AIRRAIN !!!

[keyboardwalking]

https://www.reddit.com/r/Mynearyum/comments/6ahtrj/minereum_daily_thread/

^MNE daily thread


https://discord.gg/QwWdFv

MNE discord ^

Why is there nothing?

haha, dont know. i keep postin it tho, oh well

[jacaf01]

$3 per token, this is great. Anyone selling genesis addresses should please pm me with a reasonable price

[nillohit]

$3 per token, this is great. Anyone selling genesis addresses should please pm me with a reasonable price

Genesis addresses are not eligible for sale. If you buy then the seller can anytime access & transfer tokens, because he knows the private key

[miayama]

I haven't checked, but how many coins should be in our wallets if we haven't touched them?

69 right now, you should really check for yourself, is not that hard.
WoW, now MNE/BTC us bigger than ETH/USD in volume being traded in Livecoin.

69 MNE means 0.0828 BTC. wow!  amazing pump. thanks for dev's work on this and thanks for airdrop.

The most interesting is that this amount will constantly increase.

[Ano]

$3 per token, this is great. Anyone selling genesis addresses should please pm me with a reasonable price

Genesis addresses are not eligible for sale. If you buy then the seller can anytime access & transfer tokens, because he knows the private key

But if someone sell the genesis address with private key than it's good option. MNE would get completed in almost 47 years to reach it's maximum supply so that I also think this is interesting token.

[BITCOINDENMARK]

$3 per token, this is great. Anyone selling genesis addresses should please pm me with a reasonable price

Genesis addresses are not eligible for sale. If you buy then the seller can anytime access & transfer tokens, because he knows the private key

But if someone sell the genesis address with private key than it's good option. MNE would get completed in almost 47 years to reach it's maximum supply so that I also think this is interesting token.

right, so if you are ca. 20-30 years old now, then it makes good sense to buy a eth wallet with a genesis address - it will feed you for the rest of you life (if this token do well)

[nillohit]

$3 per token, this is great. Anyone selling genesis addresses should please pm me with a reasonable price

Genesis addresses are not eligible for sale. If you buy then the seller can anytime access & transfer tokens, because he knows the private key

But if someone sell the genesis address with private key than it's good option. MNE would get completed in almost 47 years to reach it's maximum supply so that I also think this is interesting token.

If somebody sell the genesis address with private-key and if he is dishonest then he can sell tokens from the sold genesis address. Because, you can't change the private key or transfer the genesis address to new one. So, buying a genesis address is always dangerous .... So, keep away from such dealing ...

[nillohit]

$3 per token, this is great. Anyone selling genesis addresses should please pm me with a reasonable price

Genesis addresses are not eligible for sale. If you buy then the seller can anytime access & transfer tokens, because he knows the private key

But if someone sell the genesis address with private key than it's good option. MNE would get completed in almost 47 years to reach it's maximum supply so that I also think this is interesting token.

waht is the total and daily supply of this token ?

1.8 X 4208 ? I think 

[BITCOINDENMARK]

$3 per token, this is great. Anyone selling genesis addresses should please pm me with a reasonable price

Genesis addresses are not eligible for sale. If you buy then the seller can anytime access & transfer tokens, because he knows the private key

But if someone sell the genesis address with private key than it's good option. MNE would get completed in almost 47 years to reach it's maximum supply so that I also think this is interesting token.

waht is the total and daily supply of this token ?

As explained in the white paper, "mining" in minereum is performed on the fly with a mathematical formula.

The total coins created is 0.00032 MNE per Genesis Address and per ethereum block.

As we have 4268 Genesis Addresses and as an ethereum block takes an average of 15 seconds, this is the aprox. MNE mined per day:

[TotalGenesisAddresses] * [RewardPerAddress] * [TotalEthBlocksPerDay] = Total Coins Generated Per Day

4268 * 0.00032 * 5760 = 7866.7776 MNE per day

As a comparision example:

ethereum has a total of 5 coins created per block, which makes the total coins generated per day at 28800 ETH.

minereum has a creation rate 72% lower than ethereum.

Total Supply

There are 2 important supplies in minereum:

1. The overall total supply - Function maxTotalSupply()
2. The available supply - Function totalSupply()

Take into account that minereum has 8 decimals so the return of these functions must be divided by 100000000 to get the real amount of MNE.

maxTotalSupply

Each Genesis Address is now credited with 32,000 coins.

There is a total of 4268 Genesis Addresses.

The overall total supply: 32000 * 4268 = 136,576,000 MNE

It will take aprox. 47 years to reach the total supply.

totalSupply

[BITCOINDENMARK]

$3 per token, this is great. Anyone selling genesis addresses should please pm me with a reasonable price

Genesis addresses are not eligible for sale. If you buy then the seller can anytime access & transfer tokens, because he knows the private key

But if someone sell the genesis address with private key than it's good option. MNE would get completed in almost 47 years to reach it's maximum supply so that I also think this is interesting token.

If somebody sell the genesis address with private-key and if he is dishonest then he can sell tokens from the sold genesis address. Because, you can't change the private key or transfer the genesis address to new one. So, buying a genesis address is always dangerous .... So, keep away from such dealing ...

Yes you can, after buying just change the password to myetherwallet where the genesis address are

[buriks]

woooo 47 year for a long time 

[the_timetravler]

i want o ask something since i just bought this token.

can i transfer my token to myetherwallet?
how to mine this coin?
any plan to get listed in bittrex or polo?

If you don't have a Gennesis Adress (ETH Adresses were collected for 24h on 14-15th of April) you can't mine it at all as Minerium is a SELF mining token that mines 1,8MNE to every (somwehre over 4000 collected Gennesis Adresses) each day...