Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Minereum - First Self Mining Smart Contract - MINEREUM V2 IS LIVE!
by
davide72
on 18/04/2020, 11:35:04 UTC
So. Basically, ~£500 worth of crypto shows up in your account.
You do some digging and find the minerium website that says you can transfer your minerium at lvl 3. But. To get to lvl 3 you need to pay 0.3ETH. Then you get to lvl 3 and find out you cant do anything with the MNE in your wallet, that is just a placeholder showing you what you "could" have if you stay at lvl 3 and self mine for 50 years.
Why does useless MNE (the tokens that you cant do anything with) have a value in the first place? Theyre not tokens, theyre not coins, theyre not actual objects. Theyre projected possible earnings. Theyre a target. Theyre pointless and misleading.
At current mne prices, (assuming self mining of 2 MNE per day) thats 4.5 years (ish) just to make back the 0.3 ETH that you pay to upgrade..
Not entirely convinced this isnt a scam to be honest.

You have to see it like this: when you activate a genesis address to level 3 costs 0.3 eth (about $50) now after you activate you will be mining for 50 years, thats $1 for mining per year in current prices. In what other crypto like bitcoin or ethereum can you mine for $1 per year...? Also you can also only upgrade to Level 2 to start mining that costs about $15, $0.3 PER YEAR! So no need to spend $50 to start mining.

ALSO

You can just set your Genesis Address for sale for free in the Minereum V2 platform no one forces you to upgrade or pay anything: https://www.minereum.com/howto#setforsale
What you say make no sense to me, make the comparison between eth btc and minereum is absurd. This project will be dead as long dev will collect enough fees from each genesis address. The way the project was built looks more like a small pension for the dev for his retirement. The other projects have all been abandoned, this will end up as soon as the dev has filled his wallet with eth