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Topic: [ANN] Minereum - First Self Mining Smart Contract - page 160. (Read 438103 times)

full member
Activity: 145
Merit: 100
Guys, share this:

https://bitcointalksearch.org/topic/--2108916

Summed it all up  Grin
full member
Activity: 518
Merit: 102
Hi minereum dev, I just read the Artemine white paper and I have few questions.

On the Public Mining, you said Artemine Smart Contract function PublicMining will allow anyone to mine coins.
Is this a GPU/CPU mining on my PC ?? or what ??

You also said that the address we will use to buy artemine will be converted to artemine genesis address and the exact amount bought will be mined for X years..
Does this X years means 60 Years Huh?

Thanks
newbie
Activity: 37
Merit: 0
Yes - its effectively like regular POW inflation only the blocks are mined according to the ETH block height   < correct me anyone if ive got that wrong
full member
Activity: 145
Merit: 100
60 years  Huh
the contract will outlive me.

One would need to buy 22000 ART to mine just 1 each day.
Getting in on the first day means you have to spend 220 MNE for this.

Without external interest, the mne price will never pump to levels the ico predicts.
We should all hope eth buyers are interested in this, otherwise only mne buyers will get it for cheap current prices.

That is what makes minereum and artemine different, they dont give out the whole supply in one go... that would be very bad for the price
hero member
Activity: 980
Merit: 505
so you need to buy 32000 ART tokens, just like MNE genesis address had initially to get the same count of tokens as we got now from MNE.
so if you will deposit during 1st day it will be just 320 MNE tokens, so i guess its time to buy while price is cheap
legendary
Activity: 2165
Merit: 1002
60 years  Huh
the contract will outlive me.

One would need to buy 22000 ART to mine just 1 each day.
Getting in on the first day means you have to spend 220 MNE for this.

Without external interest, the mne price will never pump to levels the ico predicts.
We should all hope eth buyers are interested in this, otherwise only mne buyers will get it for cheap current prices.
member
Activity: 82
Merit: 10
I have a question.

If I understand correctly, we can buy during the 30 days of ICO of ART with ETH or MNE.

But after these 30 days, what becomes of the MNE that remains on my genesis address?
Are they lost?

No they aren't lost.  MNE will still have Minereum World and is its own token. That doesn't change.  If you want to get in on ART, then participate in the ICO. 
full member
Activity: 518
Merit: 102
ICO date is still TBD.

We are planning for early September, more news to come soon.

Okk I will be monitoring this thread and hope it will be announced on your social media page too
full member
Activity: 252
Merit: 110
I have a question.

If I understand correctly, we can buy during the 30 days of ICO of ART with ETH or MNE.

But after these 30 days, what becomes of the MNE that remains on my genesis address?
Are they lost?
full member
Activity: 455
Merit: 105
ICO date is still TBD.

We are planning for early September, more news to come soon.
full member
Activity: 518
Merit: 102
This artemine ICO should be a good news for minereum. I'm a MNE bagholder and I have not been impressed with its progress. With MNE low supply, the value should be more than the present rate. I don't know why the reverse is the case.

Anyways I am looking forward to buy artemine with some MNE on day 1. Dev should pls update us on the day the ICO starts..I don't wana miss this
newbie
Activity: 37
Merit: 0
Tnx dev great news
full member
Activity: 135
Merit: 100
Holy moly!!
Considering the current market cap of MNe this could boost to tenfold this value soon. ICO could raise millions of USD so this is an huge urgency to buy a lot of Mne and I mean soon
 
legendary
Activity: 1260
Merit: 1001
Can i get ART token if i have MNE on my genesis address but can't access it?( i can't access because i use freewallet ETH app and it not support tokens yet)

If you look over the conversion chart than you should make transfer MNE to that address to get back ART token. Actually that is not a automatic swap services but you have chance to grab MNE at very low price to get more and more as you can.
full member
Activity: 252
Merit: 100
What if I sold?
seems like he wants all the mne to get burned.... make everyone think they are getting $30 bucks per mne but once art hits the markets it will be worth crap.... I might rather hold on to the mne

But still if you people are interested in getting into ART (ICO's are going like crazy right now, so hopefully a yes with that one), then that means they'd most likely buy MNE first if it's under ~$30.


Why would ART be worth crap?? If the tech works and automining extends over 60 years the supply would be low initially but there are financial resources available to get ART listed at the bigger exchanges.
Personally I think it would be smart to enter this ICO on day 1 and get as many ART for MNE as possible as this could be big as hell.
hero member
Activity: 1414
Merit: 516
Can i get ART token if i have MNE on my genesis address but can't access it?( i can't access because i use freewallet ETH app and it not support tokens yet)
jr. member
Activity: 30
Merit: 1
seems like he wants all the mne to get burned.... make everyone think they are getting $30 bucks per mne but once art hits the markets it will be worth crap.... I might rather hold on to the mne

But still if people are interested in getting into ART (ICO's are going like crazy right now, so hopefully a yes with that one), then that means they'd most likely buy MNE first if it's under ~$30.


sr. member
Activity: 311
Merit: 250
The
Hi Everyone,

These are the exchange rates we will use for the ICO:

The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.

Dev seems to be using a defibrillator on MNE's current value.

30$/MNE lmao

good luck!  
jr. member
Activity: 30
Merit: 1
Hi Everyone,

These are the exchange rates we will use for the ICO:



The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.

THX!!
Well done, this is really a great offer.
So MNE is worth 30 USD on day 1!


Yep indeed. Holy moly!
hero member
Activity: 686
Merit: 500
Hi Everyone,

These are the exchange rates we will use for the ICO:



The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.
Dev whent it will start this ico? do you have plans to make some marketing or blog before? And what abount bounty ? do you plans to make some bounty for the ico?
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