Quote from: Koobtcgal on September 11, 2019, 10:59:36 PM

Quote from: 0xbutt on September 10, 2019, 09:01:08 PM

Quote from: flisko on September 01, 2019, 03:36:05 PM

So how do you mine this? There are 0 guides anywhere

Sometimes getting the information by posting the wrong answer doesn't work... A simpler way to do it is to ask.

I want some of these coins cheaply by going into mining. Is this coin mineable by cpu and will I get enough of thes coins per it? Is there a way to get some tokens for free?
Please do reply as soon as possible before I go offline. Thanks

Sorry for not replying earlier, I don't get any notifications for bitcointalk.

All of these questions (how to mine or get free tokens) are answered in a FAQ section : https://github.com/butttcoin/FAQ

The mining depends on the software that you use. If the software allows the CPU mining, then yes, you can do it as a solo miner since there are 0 premined tokens and difficulty is very low at the moment. Please read the white-paper and how the mining rewards are determined: https://github.com/butttcoin/ButtCoinV2/blob/master/source/readme.md

The free-tokens as well as the passive income can be obtained by the self-drop : https://github.com/butttcoin/ButtCoinV2/blob/master/source/selfdrop/readme.md

The last airdrop that will ever happen with this token is still active: reddit.com/r/0xBUTT/comments/cs31qe/buttcoin_fancy_airdrop_read_here/

To quote:
The second main function is the mining algorithm. Briefly, the mining reward is always the 2% of the overall mined tokens subtracted from the overall burned tokens. In a sense, mining is equivalent to recycling the burned tokens. Furthermore, the mining difficulty is always increasing. This means that there will always be more tokens that were burned than mined. Also, it means that tokens will never completely burn-out and become the store of a value. It also means that miners must know when to mine this token, since it burns ETH gas and the rewards can decrease. Although rewards decrease with the recycled tokens, since difficulty is always increasing, it means that rewards will always increase with the increasing difficulty. A reward decrease is therefore temporary.

0xbutt

Posts

Merits