Hello,
I'm new to Minereum and am intrigued by its concept. So from what I understand, for every ETH block mined a MNE block gets generated and disturbed among the genesis addresses which is then divided amount token holders? How much MNE would, lets say holding 1000 MNE generate?
Nothing, since only genesis addresses are getting MNE per block. Genesis addresses are the addresses that got collected during the airdrop. So if you buy 1000 MNE you will generate
NO MNE.
So whats the point of this coin then? Doesn't that defeat the purpose of a mining smart contract?