What is Mineable?

 Revolutionary Virtual Cryptocurrency Mining Ecosystem


Mineable is a web3 ecosystem with advanced tokenomics at its core, Mineable allows users to earn passive block rewards with no prior crypto mining experience, no hardware, no usage. use energy and have no limits.


Currently, Mineable has a free program to give away all new registered users and open once a day to take attendance.

Guide registration-get  MNB wallet coins - Mineable daily 

[Don't miss-Make money online]


Step 1. Download app  Click here 

Step  2. Install app

- After launching the app for the first time, you will be prompted to create a wallet.

Invite code: ND-WSEIPW



1. You Fill your registered email, password
2. Confirm email (You go to the email and click on the link the app sends)
3. Fill the invitation code: ND-WSEIPW
4. Copy 12 secret keys to recover your wallet later if you change your phone
5. Confirm the 1st keyword and the 12th keyword in the text app that appears
(You choose keyword 1 to match 1 word that appears and keyword 12 to match the keyword that appears)
For example:
- Your 12 secret words are: A 1 B C ..... W, D
- 12 words appear asking you to confirm that they are arranged in a mess: D, 1, A, ....B,C
You choose: A, D.

It is done.



Road map


Download app Click here

Invite code: ND-WSEIPW

How to start mine $MNB

Create your wallet - After launching our app for the first time you will be prompted to create a wallet. You will then be able to deposit Solana to purchase your first NFT based GPU's.

Revolutionary virtual cryptocurrency mining ecosystem

Mineable is a web3 ecosystem with advanced tokenomics at its core, Mineable enables its users to earn passive block rewards with no prior cryptocurrency mining experience, no hardware, no power usage and no limitations.

Overview

What is Mineable? Mineable is a web3 ecosystem with advanced tokenomics at its core, Mineable enables its users to earn passive block rewards with no prior cryptocurrency mining experience, no hardware, no power usage and no limitations.  

Users purchase & deploy NFT GPUs and are rewarded with MNB each time a block is mined, rewards are calculated on a network share basis. MNB is Mineable's native token and is used to upgrade & expand operations or sold for a potential profit. A giant step forward in the Web 3.0 era, Mineable is creating a space where crypto enthusiasts can continue to grow their portfolios while promoting sustainability.

There are many benefits to using Mineable. The platform is easy and intuitive, allowing all to get involved. Web3, NFTs, and crypto may be foreign concepts to some, but users do not need costly mining rigs or a background in crypto to be involved. GPUs are continuously mining MNB  passively. All users, even those with physical limitations, can be part of the Mineable community. 

We are also passionate about reducing the atmospheric impact of hardware mining operations by utilizing strategic partnerships.

*Note: Mineable is in alpha phase testing, so the contents of the whitepaper could be changed in the future.

Referral System

You can gain in-app bonuses by referring users to Mineable or by being referred yourself; these bonuses include but are not limited to:


Referring user: 5% of proceeds from NFT purchases a referred user makes in the first 30 days and a 5% boost in total hash rate for 30 days (this boost stacks with overclocking but not with multiple referrals).

Referred user: 5% boost in total hash rate for 30 days (this boost stacks with overclocking).

Our referral system goes hand in hand with our dynamic block frequency and economy stage systems. What does that mean? The more active GPUs we have on the network, the more our dynamic economy progresses through stages 1-7 resulting in substantially increased rewards for everyone. You can find out more about these systems in the 'Mining MNB' tab.

To refer someone to Mineable or bind a referral code given to you by someone else, you can do so by opening the referral tab within the app.

Mining MNB

Users mine MNB with the use of virtual GPUs. Rewards are based on two factors: GPU hash rate and network total hash rate. 


When miners are operational, they will be issued a share of the block rewards based on their total hash rate. For example, if a user has a total hash rate of 100MH and the current network's total hash rate is 1000MH, this would result in 10% of each block being rewarded. If a user has a hash rate of 200MH, they will be allocated a total of 20% of each block reward. 


As current users expand & new users deploy their GPUs, the total network hash rate rises. This results in a decrease in MNB rewarded to miners who choose not to expand their operations.


One block will be mined every 10 minutes and the reward for each block is 10,000 MNB. Users can set pay-out limits to avoid paying frequent network transaction fees. Once the set threshold is reached, mined MNB coins are deposited into the user's wallet.

The maximum total supply of MNB is 1.4 billion coins. The mineable supply is 1.25 billion coins. Each block reward is 10,000 MNB (Pre deflation) & blocks are mined at a frequency of 10 minutes per block.

During our launch, we will dynamically scale the frequency in which blocks are mined relative to the number of GPUs active on the network. This will protect and stabilize the economy whilst allowing it to scale. Below are the thresholds for the 7 stages of dynamic block frequency:

Stage
# of GPUs
% of maximum
Blocks per day
Time per block (mins)
1
0-99
0.64
1
1440
2
100
1
1.44
1000
3
1,000
10
14
102.85
4
2,500
25
36
40
5
5,000
50
72
20
6
7,500
75
108
13.33
7
10,000
100
144
10

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