What is Bitcoinereum?Bitcoinereum is a Bitcoin like Minable Ethereum ERC20 Token, the first of this kind.
Launched in 2017, it brings the Bitcoin Supply mechanism into a Smart Contract allowing a bitcoin like currency to run on the ethereum blockchain.
It is a bitcoin community token, anyone can mine Bitcoinereum!
Mining RewardThe mining reward of Bitcoinereum is the same as bitcoin in its perfect conditions.
Initially, 50 coins are generated every 10 minutes (same like bitcoin in the beginning).
The Mining is done by calling the function Mine() of the Smart Contract.
Users only require to have few ETH in their wallets to pay the ethereum network fees.
To avoid mining monopoly and better distribution, each call to the Mine() function delivers 1 BTCM to the sender, only a total of 50 calls are allowed per 10 minutes (totaling the max of 50 coins generated per 10 minutes).
Reward HalvingLike in bitcoin, Bitcoinereum comes with reward halving.
Every 4 years the Mining Reward will be halved.
SupplyThe total max supply is 21,000,000 BTCM, same like in bitcoin.
Coins can only be generated via Mining, there is no other possibility to generate coins.The initial Supply is 0 BTCM.
It will take approximately 132 years to mine all BTCM.
How to MineAll instructions here:
http://bitcoinereum.com/#mine-btcm