Topic: [Polygon Mineable Bitcoin][PMBTC][PM]Mine 5 cryptocurrencies at once on Polygon! (Read 51 times)

PMBitcoin or Polygon Mineable Bitcoin


Tokenized bitcoin PoW mineable on the Polygon/MATIC network utilizing a Proof-of-Burn and more! Uses these two contracts together
Proof-of-Work PMBTC2 - Main Contract https://polygonscan.com/address/0x91DB156E6365de9bA8070d733F3163a48E6e3FC9#code
Proof-of-Burn MinersGuild2 - https://polygonscan.com/address/0x5c26da5cc48691bc5475d85994e5d584fbb38989#code



https://pmbitcoin.org Main website


Polygon Mineable Bitcoin is a ERC20 token for the Polygon/Matic blockchain.

https://github.com/CrazyCaptian/Polygon-Mineable-Bitcoin---PMBTC/blob/main/PMBTC_WhitePaper


Symbol      : PBMTC
Decimals    : 9
Name         : Polygon Mineable Bitcoin - PMBTC
Total supply: 32,100,000.00
   =
 21,000,000 Mined over ~100+ years using Bitcoins distribution halving every 4 years
                   Using the Proof-of-Work Contract PMBTC2
   +
 11,100,000 Auctioned over 100 years in 4 day auctions split fairly among all buyers, ALL Auction proceeds go back into Miners pockets via the contract mining contract
                   Using the Proof-of-Burn contract MinersGuild2

 No premine, dev cut, or advantage taken at launch. Public miner and public pool available at launch.

The initial design was to bring a part of every system that I enjoyed in crypto and see if I could deploy them all together and add something a little new.  The three contracts I choose to combined were:

  A) 0xBitcoin - aka Proof-of-Work -
        A way to securly print tokens using Proof-of-Work. 21,000,000 tokens are printed by Proof-of-Work
        Machines connected to the contract solve a complicated hash unique to their ethereum address in order to
        Set to be average 10 minute solves overall, it will reward 50 PMBTC per solve or a total of 28,800 PMBTC every 4 days
               The reward will half every every ~4-5 years
        recieve a mining reward of up to 5 different cryptocurrencies and PMBTC!

        Original 0xBitcoin Contrafct


  B) Vether - aka Proof-of-Burn
        A way to securly auction off PMBTC every 4 days.  11,100,000 tokens are printed by Proof-of-Burn.
        Our contract collects MATIC payments for 4 days.  After 4 days it divides the reward by how much MATIC you sent vs the total and you recieve your percentage of the PMBTC in your wallet.
                     The total PMBTC per auction to start is 24,330 and it will half every 204 auctions the auction amount halves(~800 days).

        Original Vether Contract


  B2) Shuffle - A way to keep track of the top 512 addresses and reward them with part of a transaction.
        Our contract rewards the 80% of the top 512 holders with 10% of PMBTC & 50% of the Matic of every mint.  This will allow fighting for these coveted spots
        Our contract rewards the top 512 addresses with 1/2% of all transactions
        Our contract rewards the Proof-of-Burn or MinersGuild2 contract with 1/2% of every transaction
       Original Shuffle Contract
        
Then I added to these contracts
    A way to print up to 5 different cryptocurrencies at once!  Send in any ERC20 compatible token and it will turn itself into a Proof-of-Work token that will distribute FOREVER in our contract(But mostly over 2 years).
          A way to maintain the costs without inflating the price! These ERC20 compatible tokens can be passively mined with virtually no extra costs.
   The miner simply decides what 5 cryptocurrencies he wants to mine, and the contract does the rest.
   Give-away wrapped NFTs and valuable items or 1/1s with proof-of-work at 12 hour intervals.
   A way to stop the instant spamming new contracts and make them fight with HASHPOWER for your NFT or Tokens.

Then I added some extra abilities that all proceeds go 100% back to the miners!
    For 500 Matic reduce the difficulty in half! Allows the miners for a cost to reduce difficulty and increase profits.
    For 100 Matic CLEAR the Top 512 holders list(not balance just their spot Top 512), forcing inactive holders to make a transaction and fight for their heap spots again.


The reason why PMBTC is born: after the DeFi massive widespread on the Ethereum mainnet, gas fees for transactions have become too high. This has a relevant and heavy impact on all the projects, and particularly if considering mined-tokens: submitting solutions and claiming rewards have become too expensive.
The alternative is offered by the Polygon/MATIC Chain: with its low gas fees, fastness and smart-contract execution capabilities, it is the most suitable environment to give rebirth to bitcoin through the tokenized minable asset PMBTC.



Only on Polygon network/Matic Network