Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ❄❄ SNOW FLAKES ❄❄ BOUNTIES + BURN ❄❄ AIRDROPS SOON ❄❄
by
Korvin
on 05/01/2017, 00:11:26 UTC
This is after all the burned coins (shown by http://explorer.snowflakes.tech/ledger.php):

Money Supply: 50,008,198.10693234
Premine wallet (SVzGhZAkgsqB8nqyofmuq6oKjSPqkgDK1b): 49,050,000.00000000

98% of supply belongs to Dev. Regardless of how much Dev burns, he will still have the majority of supply in his hands.

The remaining 2% is either burned coins or sent as bounty. Miners have practically nothing. And the block reward will leave them with nothing forever...

Plain and simple - what's the point in mining this?  Huh