Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Aerium [AERM] POW | POS | HIGH APR | LOW SUPPLY | LOW PREMINE | GPU MINING
by
beybietron
on 11/11/2017, 22:07:53 UTC
Premine: 0.00006%
I found a little mistake here.
Premine = 30000 coins in block #2 that is 0.006%
But it's not a problem. It's still very small premine.
10% of PoW phase, it's huge. Dev cheated Grin

People start using your brain pls.

Premine is 10% of POW (premine is 30.000 and all PoW is 315.000).

If dev starts PoS with 10% coins he will always got 10% of the total coins.

SO PREMINE IS ACTUALLY 10%.

Just repeating for everyone's benefit. Premine is 0.006%, based on total supply, which is normally how it is calculated.
I don't know why some people calculate it based on PoW blocks only, in this case, it is 10%.