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Topic: [ANN] BITCOINEREUM - NO ICO - NO PRE-MINE - LAUNCHED IN 2017 - page 10. (Read 9133 times)

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How to Mine

You can mine with any Ethereum wallet that supports Smart Contracts.

For this example we will use Myetherwallet.com:

1. Open https://www.myetherwallet.com/

2. Click on the "Contracts" tab

3. In the "Contract Address" field insert the BTCM Smart Contract Address: 0x03df4c372a29376d2c8df33a1b5f001cd8d68b0e

4. In the "ABI / JSON Interface" insert the ABI located here: https://pastebin.com/5Djhmm8n

5. Scroll down to the area "Read / Write Contract" select the function "Mine"

6. Load your ETH wallet, Click on "Write", Generate and send the Transaction (Make sure you have some ETH, network Fees apply)

7. If the Mining is successful you will get 1 BTCM (1 BTCM per call).

All Transactions can be verified on the Bitcoinereum block explorer here: https://etherscan.io/token/0x03df4c372a29376d2c8df33a1b5f001cd8d68b0e

The source code can be verified here: https://etherscan.io/address/0x03df4c372a29376d2c8df33a1b5f001cd8d68b0e#code

To verify what's the current reward period check the function RewardStart and RewardEnd, these functions return the start and end of a reward period in Unix format, to convert it to real time use a Unix Time Converter website (Example: https://www.epochconverter.com/)
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NO ICO - NO AIRDROP - NO PRE-MINE - LAUNCHED IN 2017

Start Mining Now!

BITCOINEREUM ON THE NEWS!
https://cointelegraph.com/news/mining-with-no-special-equipment-token-uses-bitcoin-principles-on-ethereum-blockchain

Smart contract Address
0x03df4c372a29376d2c8df33a1b5f001cd8d68b0e

Symbol
BTCM / BITCOINEREUM

Decimals
8

Twitter

@btcmtoken

Website

http://bitcoinereum.com

Block Explorer

https://etherscan.io/token/0x03df4c372a29376d2c8df33a1b5f001cd8d68b0e

Exchanges

Shushiswap ETH/BTC

Source Code

https://etherscan.io/address/0x03df4c372a29376d2c8df33a1b5f001cd8d68b0e#code

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 Reward

The 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 Halving

Like in bitcoin, Bitcoinereum comes with reward halving.

Every 4 years the Mining Reward will be halved.

Supply

The 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 Mine

All instructions here: http://bitcoinereum.com/#mine-btcm
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