newsilike (OP)
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This account was hacked. just recently got it back
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July 31, 2018, 03:07:58 AM
Last edit: July 31, 2018, 04:30:13 AM by newsilike |
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Welcome to Mineable Ethereum Based Cryptocurrency Requiring No Hash Power, Mining Software or Hardware Introducing Bitcoin Galaxy. Bitcoin Galaxy like it’s counterparts Bitcoin and Bitcoin Cash, is a mineable cryptocurrency. The difference however, is under the hood. Bitcoin Galaxy leverages the powerful Ethereum network, creating a mineable cryptocurrency with the same capabilities as it’s counterparts, but with many more benefits. Like Bitcoin, there are 21 million Bitcoin Galaxy coins, most of these coins have not been mined yet, and are up for grabs. How It WorksBitcoinGalaxy Mining works by calling the Smart Contract function Mine(). Don’t panic, it’s not that difficult! Follow the steps below and you are good to go! The principle is easy: — The higher the ETH transaction fee, the faster your transaction will be processed. (example: 21 GWEI)- The lower the ETH transaction fee, the slower your transaction will be processed. (example: 1 GWEI)Remember: Only 100 coins can be mined every 10 minutes. NOTE: Theoretically it is possible for ETH Miners to prioritize their own transactions, however, their life won’t be easy: - First they need to actually mine a block (they have to win to all other miners) - Second they need to replace normal ETH transactions by their own mining transactions — Means less ETH fees profit for them - And third, ETH miners can only take this advantage if BTCG is actually worth their ETH fees losses In other words: if BTCG gets to the stage that miners start taking advantage of its Mining process, it is a sign that BTCG is worth something
MINING
Unlike Bitcoin and Bitcoin Cash, Bitcoin Galaxy does not require hardware, software, or hashpower to be mined. Bitcoin Galaxy uses a breakthrough mining system allows miners to mine Bitcoin Galaxy crypto directly from the mining contract using a almost any wallet of their choice (that support smart contract functions), including online wallets such as MyEtherwallet. BITCOIN GALAXY MINING EXPLAINEDA full guide to mining Bitcoin Galaxy can be found here. Instead however, we will now show you one way that mining can be easily done using MyEtherWallet. Please note metamask should be installed => Visit The contracts Page On MyEtherwallet.com => Next Enter The Bitcoin Galaxy Contract Address Into The Contract Address field :- 0xcDe3Ef6CACF84Ad36d8A6eCcc964f25351296D36 => Next Copy And Paste The Code Found On This Page/Below into the ABI field -[{"constant":true,"inputs":[],"name":"name","outputs":[{"name":"","type":"string"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[{"name":"_spender","type":"address"},{"name":"_amount","type":"uint256"}],"name":"approve","outputs":[{"name":"success","type":"bool"}],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[],"name":"NextRewardHalving","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"totalSupply","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[{"name":"_from","type":"address"},{"name":"_to","type":"address"},{"name":"_amount","type":"uint256"}],"name":"transferFrom","outputs":[{"name":"success","type":"bool"}],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[],"name":"decimals","outputs":[{"name":"","type":"uint8"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[],"name":"Mine","outputs":[{"name":"success","type":"bool"}],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[],"name":"MaxMiningReward","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"RewardStart","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"RewardHalvingTimePeriod","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[],"name":"AdminSupply","outputs":[{"name":"success","type":"bool"}],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[{"name":"_owner","type":"address"}],"name":"balanceOf","outputs":[{"name":"balance","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"RewardTimePeriod","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"MiningReward","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"symbol","outputs":[{"name":"","type":"string"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[{"name":"_to","type":"address"},{"name":"_amount","type":"uint256"}],"name":"transfer","outputs":[{"name":"success","type":"bool"}],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[],"name":"RewardEnd","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"TimeNow","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"CurrentMined","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"MaxTotalSupply","outputs":[{"name":"","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[{"name":"_owner","type":"address"},{"name":"_spender","type":"address"}],"name":"allowance","outputs":[{"name":"remaining","type":"uint256"}],"payable":false,"stateMutability":"view","type":"function"},{"anonymous":false,"inputs":[{"indexed":true,"name":"_from","type":"address"},{"indexed":true,"name":"_to","type":"address"},{"indexed":false,"name":"_value","type":"uint256"}],"name":"Transfer","type":"event"},{"anonymous":false,"inputs":[{"indexed":true,"name":"_owner","type":"address"},{"indexed":true,"name":"_spender","type":"address"},{"indexed":false,"name":"_value","type":"uint256"}],"name":"Approval","type":"event"}]
 => After entering the contract address and ABI code, press the Access Button => Under Read/Write Contract, click on the “select a function” box, and from the drop down menu that appears, select “mine” => Next you will be prompted to access your wallet. Ensure that the wallet you access has enough ETH in it to cover a minimum of 100,000 gas for the upcoming transaction that you will initiate. => You should access your wallet preferably with MetaMask, because it is more secure. You may also choose another option that works for you (e.g. private key). => In this example we are using MetaMask, so click connect to MetaMask/Mist once you’ve chosen it => Now you should be connected, so click on write => On the popup page leave the Amount to Send field with 0, insert a gas limit of 100000, sign and send the Transaction. Click generate transaction. => and then “yes I’m sure”. => Finally, complete the submission using MetaMask, if you are using that method. If you’re using another method, complete it that way. Set the GWEI to whatever you like (I use 10 for this example, which should cover the gas cost). => Your transaction will now begin processing on the Ethereum newtork => If you’re successful, you will get the reward of 100 BTCG sent to your wallet address automatically And it’s that simple. No Hardware (just a normal PC with access to the web), no special software, no hash power. just copy and paste the contract address and ABI code, follow the instructions, and you’re gold.To maximize your chances you can check the RewardEnd variable here: https://etherscan.io/token/0xcDe3Ef6CACF84Ad36d8A6eCcc964f25351296D36#readContract this variable is in unix timestamp and indicates when the current BTCG mining period ends, so you can send your transactions right after that! (You can convert unix timestamps to human dates times on a converter website, for example: https://www.epochconverter.com/)
Remember that this is just one example of how you can mine BTCG, you can also use GETH (the official Ethereum core wallet), or whatever other method you choose (granted smart contract functions must be supported).
Visit us on twitter or via our website https://bitcoingalaxy.io to ask questions, and learn more. |
