It's not mining, it's staking.
There's no actual mining work being done by participants, they just get rewarded with more coins if they hold.
This. I'm guessing that this is a ploy to increase the price of MNE as people will want the "free" Dynerium they get if they buy MNE and hold it for a couple of weeks. I mean, what else does this token DO?
Mne is being used for a big ico at the moment..... Should get some Mne and join in