Topic: [ANN] Minereum - First Self Mining Smart Contract - page 284. (Read 438122 times)

Meanwhile in the Bancor thread, people are slowly waking up to the fact that they tossed 150 million dollars into the pockets of an elaborate corporate scam.

this token is great , the price its awesome. I hope it will still for a years

The smart contract prevents the address to receive any MNE, if you try to make a transaction to it, it will simply show an error, as if the address doesn't exist, either way, don't do that, just send your MNE to another wallet or an exchange.

I know that i can't made a withdraw from anyxhere to my Mienreum Genesis address.

Why and how that t"s work ?
What's append if I made this type of withdraw ?

Thanks.

Over 4000 people participated in an airdrop a couple of months ago. These addresses were awarded 32.000 MNE tokens each. These tokens are locked and can't be transferred. Every genesis address has approx. 1.8 MNE unlocked every day. This is the self-mining part.

So to answer your question: only genesis addresses can mine. People still try to sell genesis addresses but this won't work, since the original owner will always have the private key and if they don't rob you now they might do so in 25 years,

You might think "thats unfair!" but think about the 72 people who got own all NXT or the 4000 people who participated in NEM and got all their tokens at once. MNE does have a lucky >4000 initial stakeholders but since MNE is coded in such a smart fashion they can't actually touch their tokens and scheme and dump on you. If you look at the current MNE rich list you won't see any whales and every genesis holder has so far aquired only ~1000 USD worth of tokens by todays market value. Looking at the volume the last couple of weeks every token has changed hands more than 3 times already so whatever still was lacking in distribution after the airdrop has been fixed since then.

MNE is currently on the to-be-added list of at least one big exchange. Since this is a new kind of token however the procedure takes a while.

The dev has a habit of silently doing their coding and posting on this thread only when there is actually something to say. They've thus far done everything they said they'd do. I spent quite a couple of years on these forums already and I've participated in dozens of launches and airdrops and ICOs and such and I must say I have a pretty good feeling about this one.

No need to believe me of course because I obviously have a stake in this

You should really read some more, so as a resume, yes, only Genesis addresses can mine, nobody else, they were given freely in an airdrop in April, the system is simple, each address have already 32000 coins in it, and with a smart contract, 1.84 MNE is made available per day, so it will take 47 years to make all available, the holder of the genesis address have the job to distribute it, and yes the distribution is done by selling it in exchanges; about the exchanges, yes there are plans to add Minereum in other exchanges, so you have to be patient.

Yes, only the genesis accounts can mine. You can't safely trade a genesis account as the seller will always have the key. The only other way to get MNE is to purchase it on an exchange.

Yes, the Dev has stated that at least one if not more exchanges are currently doing testing to add the token. He signed an NDA though so we don't know which one and all we can do is wait.

All the info is here  <=== 1-2 pages back
Read Read Read

Sorry Noob question here. Can only the genesis addresses mine? How do new people who want to mine join? Also this coin is only traded on one exchange. Are there any plans to get on other exchanges?

Great job Dev. This coin all super, a lot of it I hear everywhere. She will go far ahead. I bought a few coins and I hope it will always please us.

There is no possibility for MNE price to stay stable at 8-10$

Either development stops because dev gets hit by a tram (I think we already ruled out this being a scam by now) and price will drop to $0.01, or dev will launch the product and this will end somewhere in the double or triple digits.

At the moment we are at a 4 million $ marketcap. Based on nothing more than a dev who doesn't bullshit, a fair distribution and the imminent token creation service. I spent quite some time on these boards and I can promise you the market will react once this launches.

I am also new here, and as you said...i'm proud to be a part of this great community, ( since I did not buy bitcoin in 2011 when I first heard of it and again , I did not get on the eth train ... I ain't going to miss this also ) , I got my coins a few weeks back so i'm here for a long ride .
Sit back and enjoy the ride !

Welcome abroad this community is very supportive and friendly hope you will enjoy this journey with this amazing coin and we all together will keep pushing towards a brighter future. Keep spreading the words about these amazing features which you will see first ever with Minereum.

Thanks for the update. You inspired met to buy some more. Looking forward to the Token Creation Service!

New user here, enthusiastic about minereum! Sounds like a great idea

MNE is a great token and I believe to in his bright future.

This part is the real potential of this coin imagine what a valuable this could be inflation rate is extremely low so it would set new standard for mining in crypto world. I believe in future this coin will get valuve 0.01BTC 

right dev has been too generous..it should have reduced mining in this case like 0.1 mne mined by day.. but let's look at things differently.. whales have a habit of accumulating, I don't know this sounds like a syndrome..2) MNE will be burned after token service création..and 3) we can help dev at re buy some token and swap them   for reduce money supply.. but i think this isn't necessary..it even seems to be the opposite..i hope dev doesn't will not provide a service too priced.

Yeah, my favorite part about that post:

• “Cointelegraph has learned from the Minereum team that, at the moment, the supply of Minereum is around 500,000. In an emailed communication, a Minereum representative commented about the inflation rate of the currency.  As a comparison example, Ethereum generates 5 ETH per block. Minereum in total generates 1.36576 MNE per block (0.00032 MNE * 4268 Genesis addresses), so Minereum has an inflation rate 72 percent lower than Ethereum.” The currency is currently trading on livecoin.net under the symbol MNE.

Wow, just read it, and Really wow, I cant explain it, I am never wrong in this investment, This is great publicity, This will make waves in the crypto world. I think its really true as said on its logo liking "the best thing that great coins have in common is, they have great mining methods". And minereum showcases that here!