The First Bitcoin Minable ERC20 Token on the Ethereum Blockchain
NO ICO - NO AIRDROP - NO PRE-MINE - LAUNCHED IN 2017
👉 Get Paid to Mine! About Bitcoinereum Start Mining! Buy News
Get Paid to Mine!
Starting from February 10, 2023, the first 66 miner addresses will receive 0.008 ETH each.
All you have to do to participate is to call the Mine function.
The payments to the first 66 addresses will be triggered on February 15, 2023.
About Bitcoinereum
What is Bitcoinereum?
Launched in 2017, Bitcoinereum is a Bitcoin like Minable Ethereum ERC20 Token, the first of this kind.
It brings the Bitcoin Supply mechanism into a Smart Contract allowing a bitcoin like currency to run on the ethereum blockchain.
It is an easy to mine Ethereum Token, anyone can mine Bitcoinereum! Scroll down for all instructions on how to mine!
Mining Reward
The mining reward of Bitcoinereum is the same as bitcoin in its perfect conditions.
Initially, 50 coins are generated every 10 minutes (same like bitcoin in the beginning).
The Mining is done by calling the function Mine() of the Smart Contract.
Users only require to have few ETH in their wallets to pay the ethereum network fees.
To avoid mining monopoly and better distribution, each call to the Mine() function delivers 1 Bitcoinereum to the sender, only a total of 50 calls are allowed per 10 minutes (totaling the max of 50 coins generated per 10 minutes).
Update February 8, 2023: current reward is 25 Bitcoinereum per 10 minutes because of the halving
Reward Halving
Like in bitcoin, Bitcoinereum comes with reward halving.
Every 4 years the Mining Reward will be halved.
Supply
The total max supply is 21,000,000 Bitcoinereum, same like in bitcoin.
Coins can only be generated via Mining, there is no other possibility to generate coins.
The initial Supply is 0 Bitcoinereum.
It will take approximately 132 years to mine all Bitcoinereum.
Name (Symbol)
Bitcoinereum (BTCM)
Decimals
8
How to mine Bitcoinereum
Bitcoinereum Mining works by calling the Smart Contract function Mine().
Don't panic, it's not that difficult! Follow the steps below and you are good to go!
The principle is easy:
- The higher the ETH transaction fee, the faster your transaction will be processed.
- The lower the ETH transaction fee, the slower your transaction will be processed.
Remember: Only 50 coins can be mined every 10 minutes, each valid call receives 1 Bitcoinereum in return.
Mine with Metamask + Ethercsan
Below you can see how easy it is to mine Bitcoinereum.
- Open https://etherscan.io/token/0x03df4c372a29376d2c8df33a1b5f001cd8d68b0e#writeContract
- Click "Connect to web3", connect with Metamask
- Select the function Mine() and click Write, make sure you have enough ETH for the gas fees
- That's it! You will receive your mining reward.
- If the status of the transaction is failed don't worry! you can resend the transaction again and again and again until you get a valid transaction(s).
- To maximize your chances you can check the RewardEnd variable here: https://etherscan.io/token/0x03df4c372a29376d2c8df33a1b5f001cd8d68b0e#readContract this variable is in unix timestamp and indicates when the current Bitcoinereum mining period ends, so you can send your transactions right after that! (You can convert unix timestamps to human dates times on a converter website, for example: https://www.epochconverter.com/)