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The Minereum platform can not only mine automatically but also create exclusive cryptocurrency. Through the Minereum platform, users only need to enter the token name, symbol, corresponding fee and other necessary information, and it will automatically encode the corresponding currency on the Ethereum network. Minereum (MNE) is built on the Ethereum platform and is the world's first smart contract token that can realize automatic mining. Unlike other cryptocurrencies, MNE does not require a lot of computer equipment, electricity and related technology to achieve automatic mining.
Minereum was launched in 2017 and during the first airdrop, 4268 genesis addresses were collected. During the V2 airdrop from December 2019 to March 2020, 1,197,634 genesis addresses were collected.
Supply
32,000 coins are allocated to each genesis address, and since there are 1,197,634 genesis addresses on the V2 airdrop, the initial total supply is set at 38,324,288,000 MNE.
Mining
Whenever the genesis address owner upgrades the address to level 2 or 3, the mining process will start. The mining process will run for 100,000,000 Ethereum blocks, and the reward for each block is 0.00032 MNE, so the entire mining process will run for about 50 years.