The First Direct Bitcoin Mining Token
Mineable is a token whose goal is to create a massive decentralized bitcoin mining company. User’s who buy or sell are subject to a tax that is used to purchase miners. Mineable tokens will be used to earn daily Bitcoin Mining rewards in the form of BTCB on the Binance Smart Chain by locking up tokens in the Mineable dApp.
TOKEN
ALLOCATION
TRANSACTION FEES
6% Miners Fund
The Miner's Fund is the fund used to collect the proceeds needed for Bitcoin miners. This 6% tax is responsible for buying and managing all costs associated with running our miners.
3% Redistributed to Holders
This is a tax that redistributes 3% of each transaction bought or sold to people already holding the coin.
HOW DOES IT WORK
MINER'S FUND
The percentage tax responsible for the Miner’s fund will be primarily how we fund the purchase of new Bitcoin Miners. The address that represents the Miner’s Fund is linked below. Any transactions containing funds exiting the wallet will be logged and expenses made public. These miners provide fundamental value to the project.
BITCOIN MINING
When purchasing Bitcoin Miners; bulk matters. This is why we will be purchasing our miners in batches. The more cash per batch, the better rate we get per miner. Once miners are hosted and running, people will be able to use the dApp to gain their share of the daily earnings. The percentage of supply directly corresponds to the share of bitcoin mining rewards. (e.g. you have 2% of the supply, you get 2% of all Bitcoin Mining Rewards)
OUR MISSION
When buying Mineable, you’re not just buying access to Bitcoin mining rewards. You’re buying a piece of a company that’s dedicated to growing by purchasing more miners and acquiring more users over time. As the entire percentage of tokens will never be locked up, any unclaimed rewards will be used to purchase more miners in the next batch.
OUR ROADMAP
MARKET CAPITALIZATION
This is the first step to Mineable's goals. With your help we aim to:
- Register as a Limited Liability Company.
- All miners will be bought and held under this LLC. Makes it much easier to deal in large amounts of exports involving taxes.
- Accrue funds and establish connections.
- Using funds gathered from our token taxes, we will establish business relationships with mining hosts and sellers to prepare for our first batch purchase.
- Alpha Batch purchase.
- This will be our first purchase in bulk of Bitcoin Miners and initial setup with an eco-friendly hosting facility.
DEVELOPMENT
After our successful Alpha Batch Purchase, we'll be looking to accomplish the following:
Token Tax Reduction
We will reduce the 6% Miner’s Fund tax to 4% and reduce the Redistribution Tax to 1% bringing the new collective tax to 5%.dApp Development
We’ll work on developing a decentralized app that will facilitate the distribution of Bitcoin mining rewards.Mass Marketing
We will begin marketing bounties where users can earn free Mineable tokens by doing simple marketing tasks. As well as potential influencer partnerships.Beta Batch Purchase
Our second batch purchase of miners. More miners, more rewards.
APP LAUNCH
The final step in the setup of Mineable we will complete the following:
Official dApp lanch.
This is where we’ll take the dApp out of beta and officially launch the platform allowing users to stake their tokens and claim daily Bitcoin Mining Rewards.Token Tax Reduction
The Miner’s Fund tax will be reduced to 2%, leaving the collective token tax to be 3%.Planning Forward.
Having accomplished the majority of our setup for Mineable, this is where we’ll take time to plan our next batch purchases and how we wish to proceed with the project.
FAQS
Right now, you cannot. When the dApp is complete, anyone will be able to do so with ease.
Simply put, we are an actual project. We’re not here for memes or hype. We’re here for substance, as such we lower % taxes going forward to make it easier for both new investors and to incentivize those who stick with us.
No, the audit will be completed via Techrate after presale. As we do not currently have the funds for a thorough audit.
Decentralized coins carry a significant risk. To help mitigate this, the head team member who controls the contract will doxx himself before presale. In order to be transparent as possible, everything will be shown publicly. This includes, receipts, import taxes, and every mining expense that comes out of the Miner’s Fund.
Mining Rewards will be distributed on a % basis. ex. If you have 2% of the entire supply, you get 2% of the net Bitcoin Mining Rewards.
We’re planning presale details at the moment, ideally we’ll launch our pre-sale on August 4th 2021.