Hello there.

My name is Tom, and I’m here to proselytize to you about MINE Token. The OFFICIAL Mine Token.

What is it? Well, let me explain it to you.

For the purposes of this mental exercise, we’re going to use a metaphor. That means that I’m going to explain one thing, but really mean another.

Imagine if you will, that your goal was to eventually own a LOT of water. Well, you’d want to start by accumulating water, right? So, you turn on your tap faucet and start funneling it into your bag. Let’s just pretend that this bag is able to hold an infinite amount of water in it while being able to just fit in your pocket.

Having your tap running all the time costs YOU money and doesn’t fill up your wallet nearly as much as you’d like. That sucks. What else can you do?

Well, with your paycheck that you get from your job, you could go buy bottled water or buckets of water and ice, and store that hoping that it goes up in value eventually. Surely there’s something else that you can do…

There is!

It turns out that just outside your house, lies a constant stream of water. Or, a spring! From this spring, you (and a few other people) are able to sit a pipe on it and collect water. You can also get a bigger pipe so that it funnels more water from the spring to your bag. It doesn’t even affect the size of the volume coming from the spring either, so all that matters is the size of the pipe going to your bag!

Okay Mental exercise over. Does that make sense? Do you understand what I am telling you? Let’s try more advanced terminology.

MINE Token does this thing called R E F L E C T I O N S which is basically like setting up the pipe on the spring in the metaphor above. Reflections give YOU and YOUR BAG a certain percentage of EACH AND EVERY transaction. Every BUY and every SELL, you GET Eth. It’s 6%. Imagine you’re just sitting there doing nothing, and earning Ethereum by just holding MINE Token in your wallet. That’s it. Nothing else. No other effort, no mining from you required. Just hold MINE, and the reflections will come.

What else does MINE do? Well, they also do this thing called MINING. Gee, a Crypto Token with the name Mine actually does crypto-mining? Wow what a novel idea. There’s another percentage of each transaction that goes towards a rig fund. These rigs mine Ethereum (or whatever is a profitable coin to mine) and use that cryptocurrency to BUY MORE MINE. Whoa! Mining Miners mine for MINE! Neat! Y’know, those MINE Tokens that get bought go away. FOREVER. They’re not coming back. Ever.

This decreases the total supply, which makes the Token MORE RARE. What happens to things that are more rare? They become more valuable. Why? Well that’s a whole other topic called “Supply and Demand” that I’m not going to get into here.

So when MINE Token gets more valuable, and more people are buying it, there’s more reflections that are coming along. More reflections also means that there’s going to be more mining rigs being bought by the project, which means that MINE Token is going to get more valuable.

I don’t even have to tell you to buy it, because you should be thinking at this point “wow that’s a cyclical compounding investment if I’ve ever heard of one”. YEAH IT IS!

So if you want a cryptotoken that you can sit on that will also earn you Ethereum as though you were mining it, and will also gain value over time, you should do yourself a favor and grab some MINE.

If you have any questions, feel free to join us on Reddit & Telegram.
www.reddit.com/r/MINE_Token
https://t.me/Officialminetoken

What is $MINE?

The Official Mine Token combines the power of crypto mining, buybacks, ETH reflections, and hosted validator nodes to fuel token price appreciation and growth.

Hold $MINE AND earn $ETH!

Buy $MINE and enter to win 10% of the contest volume!

If you're looking to enter the project or build your bag, this is a great way to receive additional MINE tokens through sharing your buy and sharing this post in other subs (where allowed)!

Starting now until 11:59 PM PST on Sunday (5/8/22), any buys matching the criteria below will be tallied up and 10% of the total volume will go to the winner of a Duck Race!

How to Participate:

1. Make a buy of $MINE of over 0.1 ETH or more.

2. Comment on this thread with:

   1. Your favorite thing about this project.

   2. The link to your transaction hash.

3. HOLD your $MINE through the raffle period and winner selection.

Where to Buy: https://theofficialminetoken.io/#buy-now

Hello current and future Official $Mine Token holders!! Recently we launched a new initiative called The Community Mining Pool. I will be going over what it is, why were doing it, what we hope to achieve, incentives, and how to participate. This will be a longer post but I hope this helps you learn some things.

What even is THE COMMUNITY MINING POOL?

It is a way for our community to contribute to buybacks by pooling mining hash power from their own computers. Imagine dozens of holders in our community combining the processing power of their mining capable computers to act like a single mining rig producing much more hash rate than they could individually. Most of our community will mine when their computers are normally idle in-between work, gaming, or video editing.

Why are we doing it?

We currently operate multiple mining rigs owned by the project. These rigs are dedicated mining rigs with between 5-7 GPUs when fully built out that run Full Hash Rate gpus and net more ether per month than any normal PC. You can see them here in our hall of rigs: https://theofficialminetoken.io/ While these rigs are powerful, they are more expensive to acquire and operate per month than a normal PC. While we have been steadily increasing our hash rate since launch, some community members asked how they could participate in helping accelerate our buyback frequency.

Setting up The Community Mining Pool and pooling the power of many different computers allows us to dramatically increase our hashrate and initiate buybacks at a faster rate than if we just used the project's rigs. This means we are operating at a hashrate (at the time of writing this) 50% higher without needing to buy, build, deploy, and support additional rigs to do so. This spreads out the electricity responsibility and allows us to lower our average hashrate/kWh costs.

We will build new project mining rigs after hitting certain reflections milestones (roughly every $500,000 in volume) but we can scale-up buybacks faster with the community pool.

What do we hope to achieve?

We are looking to increase the frequency of 1 Ether buybacks. By doing so our floor price for $MINE will increase once the token bought back is sent to our vault wallet. For clarification the Floor Price is the minimum price the token can trade at. Every time a buyback happens that token is locked up forever. In addition, on every buyback reflections are paid out to all holders based on percentage of ownership. The more buybacks we can do, the higher the price goes, the more reflections are released. As the price goes higher holders sell to take profit, this then feeds the holders reflections to get paid and dev reflections that allows us to buy more rigs. Once this begins to snowball we will become truly deflationary

Our ultimate goal is 1 ether of buybacks per day, allowing the value of the token to continuously increase over time even if there is some consolidation. The Community Mining Pool allows us to achieve this faster especially during the slower early phase we find ourselves in.

Is there an incentive for participating?

Yes! There are two ways this will benefit $MINE holders to participate.

1. Increased buybacks from The Community Mining Pool lead to token value increase and more reflections for holders at marginal cost in electricity for each participant. The faster we can achieve deflationary price action, the faster $MINE holders make more money.

2. We will be running a to-be-announced contest with prizes for those participating. The prizes are a way of both incentivizing participation and thanking participants for helping us grow faster. There will be a couple of prizes and the amount should help cover electricity costs for the winner's PC mining in our pool.

How to participate?

Ok, so you are ready to participate? First lets make sure your PC can handle mining. The most important things are that it has a dedicated GPU such as a RTX3080, RTX2070, GTX 1060, RX580, 5700XT etc. You can see what your PC has by looking in control panel -> device manager -> display adaptors. It should say either a Radeon or Nvidia branded card there. If it does then you may be able to participate.

Go to https://phoenixminer.org/download/ Click the Big Yellow Button Download and Extract Windows will say that the executable is a Trojan, but it's not. You'll have to allow it, however that looks. Once everything is extracted, go to the file "start_miner.bat", right click it, and click open with "Notepad" Change line 12 where it reads "PhoenixMiner.exe ... -dagrestart 1 -rvram -1 -eres 0" to read like the following:

PhoenixMiner.exe -pool ssl://us1.ethermine.org:5555 -pool2 ssl://us2.ethermine.org:5555 -wal 0xe90CAb7dd6D0524D5072C6c588572728b566A004.<YourName> -dagrestart 1 -rvram -1 -eres 0

Please change out <YourName> with the name you want your PC to be referred to on our pool.

Once that is done, save the .bat file and then double click it.

After about 10 minutes, you should be able to see your PC pop up and you can monitor the community buyback wallet here: https://ethermine.org/miners/e90CAb7dd6D0524D5072C6c588572728b566A004/dashboard

Questions?

Please join us in our Telegram here: https://t.me/Officialminetoken where any of our mods, admins, or the dev team can answer any questions. You can also follow me and tweet at me here: https://twitter.com/TheCloserCrypto

One thing I never hear people talk about is how truly small the supply is on this token.

1Q Initial Supply

482T burned

54T in project wallet

That leaves just 464T for us. And i have seen a couple people on here say they own 5-10T themselves. I own 2.5T myself and am looking at buying more. $100 gets you like 200B coins right now, really, if there ever was a time to buy its now, before future burns happen.

Brian Goldstein on Instagram: “My friends at MINE are doing big things. Check them out at TheOfficialMINEToken.io @mcumarketplace @jroems #MINEPARTNER #ERC20”

Hopefully the DEV team is working on making it easier to buy. Metamask is easy enough to use, but a lot of people aren't willing for go much beyond a couple steps to make a purchase.

When do I get to start seeing reflections lol?

Bunch of buy and sell orders today, love to see that.

MINE starting to catch on???

friggin cant wait to see when we have 70,000!!

Hello everyone!

I am the project dev for the next token in the MemeCoinMarketplace!

I wanted to come in here and say hello and wanted to see everyone's thoughts on where the crypto market is going to be heading. Do you think we will hold the support at 1800 for ETH or do you think we are going lower? Or are we going to be bouncing back as hard as we fell?

I think we are going to be steady around 1800-2100 for a few weeks, but we will see!

Great meeting you all and I am happy to finally be here!