What is MaxiMine (MXM)
Users receive a portion of the MaxiMine pool rewards by staking the tokens that they own for hashing power. The rewards are governed by the Maximine’s Hashing Power Credit System – an analog of Proof-of-Stake algorithms.
As opposed to manual mining, which requires owning rigs for mining specific coins, MaxiMine allows its users to switch between different tokens and mining pools of the user’s choice.
MaxiMine is in the front line to receive early releases of advanced mining rigs, such as the Bitmain ASIC for Ethereum.
The MaxiMine bitcoin mining pool will utilize the ANTMINER S9 mining rig. MaxiMine will also expand to mine other cryptocurrencies, such as Ethereum and Litecoin. Thus, users can utilize the MaxiMine token via the MaxiMine system to choose different cryptocurrencies to mine.
Details
Public sales: Apr 25, 2018 – Jun 25, 2018
Token supply: 8000000000
Hard cap: 13,764,600 USD(fiat)
Legal
Registration country: Singapore
Token info
Ticker: MXM
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 MXM = 0.01050039 USD
Token price in ETH: 1 Token = 0.000017 ETH
Accepted currencies: ETH
Token distribution:
50% – Token Sale
20% – Community Support
20% – Foundation
10% – Developers
Funds allocation:
70% – Procurement and Installation
10% – Operational Costs
10% – Research and Development
5% – Marketing
5% – Misc.
