Quote from: megashira1 on May 09, 2017, 06:26:25 PM

Quote from: Aurum Project on May 09, 2017, 06:09:31 PM

Xaurum Mint XX:

Mint market-buy: 0 BTC

Gold increased: 14000.00000000002 g
Xaurum issued: 6299582.133486496 XAUR
Xaurum Ratio: 0.0007288198894566714
1 g can be melted for: 1372.0811059993036 XAUR

Total Xaurum money supply: 110299028.08570445 (total fees not subtracted)
Total Xaurum gold reserves: 80388.12545660141 g

New production price: 0.2051 $

Wow, biggest minting yet! Over $550kusd worth of gold added to back Xaurum! Are these mints supposed to grow exponentially?

The growth of mints should follow the expansion of the project - it should be exponential. We have just started...

IMPORTANT:
The value of gold for Xaurum holders of this last mint is much more than 550k USD. Since we have all gold nominated in 1g bars, the value of last mint is approximately 14.000g x 50 USD/g = 700.000 USD.