AMA Recap: CRYPTO MINERS X THE MINING TOKEN
The Mining Token is the first token that delivers Ethereum rewards backed 100% from mining. Become a real miner and start earning the highest sustainable Ethereum rewards in the whole market.
We host an AMA session with The Mining Token on 14th October at 4:00 PM UTC.
Mr. Ramsy was the host from Crypto Miners and we had Mr. Grumpy, CMO of The Mining Token as guest. He shared with us a well detailed insight into the Project and Unique features of The Mining Token.
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Segment 1️⃣: Introduction
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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session with The Mining Token
Thank you all for joining us today!❣
To help us learn more about the featured project of this AMA session, we are lucky to be joined by Mr. Grumpy, Welcome to our community 🤝
Grumpy Miner:
hello! thanks for the invite
Ramsy:
Gald to see you here
Thanks for bringing Us The Mining Token❤️
I’m pretty sure that our AMA participants are very much excited to learn more about The Mining Token, so let’s get started if you’re ready
Grumpy Miner:
I’m Grumpy miner from The Token Mining. I’m CMO in charge of Marketing and partnerships. Like the rest of the team, we have been working with cryptocurrencies since 2017 when we realized that blockchain is the future.Thanks
Ramsy:
Alright, Now moving to our introduction questions
Q1) Can you give a brief explanation about 'The Mining Token' .What popped up in your mind to create such a platform in this space?
Grumpy Miner:
The Mining Token ($ TMT) was born, so as to transform the entire Proof of Work mining into a 100% decentralized process from the investment to the obtaining of the profits and thus break down the barriers imposed by Proof of Work mining. Our Audience is DeFi investors who want to invest in a sustainable investment with REAL things being done. The investors will profit from ETH mining and this is great news. We are aiming to decentralize the mining protocols. All these conditions make TMT able to provide very attractive returns for the investor.Theminingtoken.com 👀🚀
Ramsy:
Q2) So what are your main features that discern you from other projects and what robust advantages do you have?
Grumpy Miner:
Theminingtoken.com is a Sustainable Investment
The power of the DeFi ecosystem.
We are building an Ethereum mining center to ensure the best profitability of the entire DeFi ecosystem
TMT is The first DeFi project with profits in ETH 100% backed with Proof of Work.
The reason why the highest profitability of the ecosystem.The $TMT is a mining-based token with a fixed supply designed for aggressive price appreciation and high sustainable yields. Done
Ramsy:
'Profits In ETH' it's good for users for paying fees too 👍
Grumpy Miner:
Pretty asesome.Lets continue, lots of things to explain.
Ramsy:
We're waiting for it 🤝
Q3) can you provide an overview on how The Mining Token is being used & its benefits of hodling?
Grumpy Miner:
All Ethereum rewards produced by the power of mining will be distributed in 3 different pools according to what your preference is:
Flex Pool: Perfect for those go are not sure about Ethereum mining business and prefer to earn a little less in exchange for having their tokens available all the time30 Days Locked Pool: Perfect for those who are in the mining business for the medium-long term so they have no problem leaving their tokens in staking for longer periods.TMT - BUSD LP Pool: Designed to reward those who want to add liquidity to the project and make it even more stable.
Ramsy:
Wow, thank you for sharing that information About The Mining Token, Now let's move to our next question
Q4) How has the experience and background of your team been effective in the success of your project so far?
Grumpy Miner:
We have been working on DeFi for 2 years.
The TMT project is to take DeFi to another dimension.
We are very happy with the development of the product.
I share the roadmap to give you an idea.
Ramsy:
Here’s the last question from this segment
Q5) Can you share more details about the The Mining Token Tokenomics,is there any particular vesting schedule if so can you share more about it?
Grumpy Miner:
Ticker: TMT
Chain: BSC — Binance smart chain
Format: BEP20$TMT is our Utility token. By holding $TMT you are being part of our community and will be rewarded with the Ethereum earnings produced by the mining power.
TMT does not have inflationary pools like other tokens, our pools only generate ETH directly from our mining rigs. $TMT is only minted at MTOs (Mining Token Offerings - Presales) where we accurately mint the exact amount of $TMT equivalent to the new amount of mining power (MHs) that can be purchased with the investment gathered in the MTO. Thus, not diluting the mining power a $TMT token holds, even after minting new tokens.Given $TMT equates to a specific and constant amount of mining power (MHs - Mega Hashes), every $TMT token (in the same pool) will always reward the same amount of Ethereum. And as previously explained, this will not change even after multiple MTOs.
Buy TMT in Theminingtoken.com and become a Miner!
Ramsy:
Thanks for that well detailed introduction about The Mining Token🤝
That wraps up the first part of the AMA session✅
Moving on to our last segment - Live Q&A. If you are ready 🍻
Grumpy Miner:
great, born ready🤠
Live Q&A Segment:
(Group was opened for 60 seconds and miners sent hundreds of questions. Mr. Grumpy selected some questions as follows)
1st from Rohinga:
I read that your main mining center is in Argentina, do you have plans to expand to other regions or countries? In your future mining centers do you plan to increase mining HASH?
Grumpy Miner:
After Argentina: 2) Asunción, Paraguay. The location of our second mining center will be here. The opening of the country towards Blockchain technologies opens the door to investment in this also South American country.
3) Oklahoma - USA. Using the most recent full year of data available from the U.S. Energy Information Administration. While the energy mix available within a state will play a large role in state electricity prices, energy-limiting policies in some states act to artificially elevate prices, making the price of electricity much higher for consumers and businesses. Oklahoma is an open state for investment with cheap energy and growth in renewable energy. We will be opening a third mining center there.
2nd from Avenger:
AUDIT play an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES . Or are you working to AUDIT your project to make it more secure and reliable?
Grumpy Miner:
We are about to announce a HUGE AUDIT. From C..... 👀👀. Buy TMT in theminingtoken.com and be ready..
3rd from Shihad K:
The mining process, based on the POW consensus algorithm, is no longer decentralized. What changes have the TMT team made to take POW to a higher level and fully decentralize it? With your model, what are the benefits that mining users will get through TMT?
Grumpy Miner:
The Conditions TMT gives is what is able to provide very attractive returns for the investor. By investing in TMT you are investing in Ethereum mining and that is why unlike all the rest of the cryptocurrencies, in this case, you will not have to depend on the price of the $TMT so as to then sell it at a better price, but you will earn thanks to the Ethereum you receive from mining! We transformed POW in to POS (Proof of STAKE) Be a Miner by Staking.! ✅👀⛏
4th from Superman:
Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Grumpy Miner:
We have at the moment Partnerships with: BerryData, CosmicSwap, Yieldparrot.finance, BarbecueFinance, and MANY more coming. Sustainability is the key!
5th from Avenger:
Where can I buy #TMT tokens now,, what are your current contracts and how can I buy them and what are the benefits??
Grumpy Miner:
Theminingtoken.com Smart Contract: 0x7ce98877ae066a6561e159906b69166311Fa55a9
Remember to stake them to earn ETH!
6th from Shihad:
As you claim to be the first token that delivers Ethereum rewards backed 100% from mining rewards,so why do you choose to reward Ethereum as we know Ethereum transaction cost a higher gas fee? Can you explain the mechanism of giving Ethereum rewards to your miners?
Grumpy Miner:
At TMT we seek to minimize the greatest amount of costs to deliver the highest possible profitability to the investor. Each of the transactions made in the BSC has fewer commissions than the Ethereum network, that is why our token is made on this network. If we think about it, the processing power of our miner does not depend on the network that we use to deliver the tokens since this is only a means for us to obtain our Ethereums at the end of the day.
7th from Akash:
Could you please share your whitepaper along with website?
Grumpy Miner:
https://app.theminingtoken.com/
https://theminingtoken.gitbook.io/tmt-mining/
*Third segment ends here*
Grumpy Miner:
Guys join we’ll be having a HUGE surprise for all the TMT community and all the TMT stakers!
Ramsy:
Grumpy, Thankyou so much For your valuable answers and information about The Mining Token,
It Was Pleasure Hosting An Ama With You,
Is there anything else you would like to share or you want us to know ?
Grumpy Miner:
Nope. Everything is done.
Thank you Ramsy
Ramsy:
❤️🤝
Community, if you would like to learn more about The Mining Token, here are some useful links for you:
Telagram: https://t.me/TheMiningToken
Twitter : https://twitter.com/mining_token
Website: https://theminingtoken.com/
GitHub: https://theminingtoken.gitbook.io/Medium: https://medium.com/The Mining Token
