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Topic: [ANN] ⭐⭐⭐ CLUSTER ⭐⭐⭐ Self mining token ⭐ 100ETH reward per Cluster solved! ⭐ - page 8. (Read 12406 times)

member
Activity: 108
Merit: 10
Please someone tell me about this token with simple words. If I buy this token from sending eth to the contact address the token will start self mining automatically, is it collect? And the amount of mining is depending on the amount of holding the token and the number of the participants at the time.

As far as I understand, You are right. But make sure to send a minimum of 0.01 ETH to the contract address for Cluster tokens and not airdrop Contract address.

Sending Eth to the contract secures your share in the ongoing mining of clusters. After 1,000,000 blocks you can call the function and receive rewards as per the formula stated in the OP. In future you will be able to call up rewards per segment, hence you wont have to wait until 1 cluster (1,000,000 blocks) is mined.
The more people join (buying their share) the more fewer the rewards as it gets shared by to more holders. Hence, Scarcity of the tokens.

Seeing that 0.01eth = 0.0001 cluster, this sets a minimum price for potential sale in exchange as I'd expect no one would want to sell mined clusters for less than they could buy shares. And also due to the difficulty of mining clusters, as well as scarcity of clusters, theoretically, the price should appreciate over time.

Because the more clusters you hold (shares) the more your reward after a cluster is mined.

I hope this was helpful.

Also Dev can correct me if i'm wrong.

Thank you so much. I understand at last. 
Although I'm not sure about inflation and the what I can use this token for (just holding and mining?), I'm interested in this project and joined.

I'll be waiting for next updates.
newbie
Activity: 91
Merit: 0
Reserving for dutch translate if you needed
sr. member
Activity: 308
Merit: 250
The Movement DAO
Please someone tell me about this token with simple words. If I buy this token from sending eth to the contact address the token will start self mining automatically, is it collect? And the amount of mining is depending on the amount of holding the token and the number of the participants at the time.

As far as I understand, You are right. But make sure to send a minimum of 0.01 ETH to the contract address for Cluster tokens and not airdrop Contract address.

Sending Eth to the contract secures your share in the ongoing mining of clusters. After 1,000,000 blocks you can call the function and receive rewards as per the formula stated in the OP. In future you will be able to call up rewards per segment, hence you wont have to wait until 1 cluster (1,000,000 blocks) is mined.
The more people join (buying their share) the more fewer the rewards as it gets shared by to more holders. Hence, Scarcity of the tokens.

Seeing that 0.01eth = 0.0001 cluster, this sets a minimum price for potential sale in exchange as I'd expect no one would want to sell mined clusters for less than they could buy shares. And also due to the difficulty of mining clusters, as well as scarcity of clusters, theoretically, the price should appreciate over time.

Because the more clusters you hold (shares) the more your reward after a cluster is mined.

I hope this was helpful.

Also Dev can correct me if i'm wrong.
legendary
Activity: 2226
Merit: 1014
It cost more eth  gas to get the  rewards! Dev could you modify the smart contract? Better to buy cluster.....than to get reward, dev you should change something like this will not work!

It may be too late to change as 217/250 participants are already registered for the airdrop.
Not talking about the airdrop , i did invest some eth and cost more the eth gas to get your mining rewards! this smart contract seem to be more an  idiots contract ! Grin sorry dev with all my respect for the team
member
Activity: 108
Merit: 10
Please someone tell me about this token with simple words. If I buy this token from sending eth to the contract address the token will start self mining automatically, is it correct? And the amount of mining is depending on the amount of holding the token and the number of the participants at the time.
sr. member
Activity: 308
Merit: 250
The Movement DAO
It cost more eth  gas to get the  rewards! Dev could you modify the smart contract? Better to buy cluster.....than to get reward, dev you should change something like this will not work!

It may be too late to change as 217/250 participants are already registered for the airdrop.
legendary
Activity: 2226
Merit: 1014
It cost more eth  gas to get the  rewards! Dev could you modify the smart contract? Better to buy cluster.....than to get reward, dev you should change something like this will not work!
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
hello cluster team. i would like to reserve for filipino translation if needed.i have done many translation in this forum and i can send the links to my previous works if the team wants it. will participate in this airdrop too. thanks and good luck everyone !
member
Activity: 84
Merit: 10
We just opened a promo thread. The URL was required for integration in the signatures.
The topic will be updated soon with our very first promo ever!
member
Activity: 84
Merit: 10
I just bought a tiny bit of clustertoken, if i register now for the airdrop, will i also have double rewards?
Or is it just for the accounts before the airdrop?

Hi, thank you for participating in ClusterToken!
Regarding your rewards, any holder will get double the amount of airdrop tokens.

So yes, you will receive a double payout. It doesn't matter when you bought some ClusterTokens, as long as the smart contract detects them in your wallet you're good.

Thanks!

I misunderstood this to mean it doesn't matter when you invested.

Sorry if this was confusing or misunderstood.
The airdrop ANN clearly outlines in bold :

Quote
Every participant who already purchased CLRT (ClusterTokens) will receive double that amount, 0.0000050 CLRT once the airdrop closes.
sr. member
Activity: 308
Merit: 250
The Movement DAO
I just bought a tiny bit of clustertoken, if i register now for the airdrop, will i also have double rewards?
Or is it just for the accounts before the airdrop?

Hi, thank you for participating in ClusterToken!
Regarding your rewards, any holder will get double the amount of airdrop tokens.

So yes, you will receive a double payout. It doesn't matter when you bought some ClusterTokens, as long as the smart contract detects them in your wallet you're good.

Thanks!

I misunderstood this to mean it doesn't matter when you invested.
member
Activity: 84
Merit: 10
Ok great!
Another thing. I have invested, However when I call up my ether address on the airdrop I see this:

↳ state bool
  TRUE
↳ registered bool
  TRUE
↳ isInvestor bool
  FALSE
↳ claimedRewards bool
  FALSE

Have you registered to the airdrop after you got ClusterTokens?
If you first registered to the Airdrop, and got some ClusterTokens afterwards, the contract will show that you're not an investor.
The contract detects investors when subscribing to the airdrop, not afterwards.

But you wrote that it doesn't matter. Yes I registered for airdrop before investing.

I'm sorry, I believe their must be a misunderstanding. You asked us "Can eth be sent multiple times to the contract to receive CLRT from the same account? "
Yes, it can. But that's ClusterToken of course.

The airdrop only detects upon registration in you are an investor or not.
We've implemented this not to dissapoint our early investors who joined without airdrop.
The contract however only allows 1 address to join once. It will fail if you try to register twice.
sr. member
Activity: 308
Merit: 250
The Movement DAO
Ok great!
Another thing. I have invested, However when I call up my ether address on the airdrop I see this:

↳ state bool
  TRUE
↳ registered bool
  TRUE
↳ isInvestor bool
  FALSE
↳ claimedRewards bool
  FALSE

Have you registered to the airdrop after you got ClusterTokens?
If you first registered to the Airdrop, and got some ClusterTokens afterwards, the contract will show that you're not an investor.
The contract detects investors when subscribing to the airdrop, not afterwards.

But you wrote that it doesn't matter. Yes I registered for airdrop before investing.
member
Activity: 84
Merit: 10
Ok great!
Another thing. I have invested, However when I call up my ether address on the airdrop I see this:

↳ state bool
  TRUE
↳ registered bool
  TRUE
↳ isInvestor bool
  FALSE
↳ claimedRewards bool
  FALSE

Have you registered to the airdrop after you got ClusterTokens?
If you first registered to the Airdrop, and got some ClusterTokens afterwards, the contract will show that you're not an investor.
The contract detects investors when subscribing to the airdrop, not afterwards.
sr. member
Activity: 308
Merit: 250
The Movement DAO
hero member
Activity: 1736
Merit: 857
sr. member
Activity: 308
Merit: 250
The Movement DAO
member
Activity: 84
Merit: 10
Dev, I have read through the entire thread. I would like to firstly applaud your respectful and mature response through out the thread. I believe it speaks highly of the 4 friends behind the account.

That being said, I think its an interesting project. I will be reading the medium post, and will return for clarity if any needed.

Well thank you!!

I have read through the post on medium. I noticed a lot of typos, so I suggest someone reads it and corrects them as soon as possible.
I do have one question.

Can eth be sent multiple times to the contract to receive CLRT from the same account?

Yes, of course :-) Your tokens will be added to your wallet, and your total amount of shares will increase along.

Regarding the typos, as we are not native english people, a bounty will be posted later on to have typo-free posts in the future.

Thank you for your feedback and input!
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