MinePro Documentation
  • Introduction to minepro
    • Project overview
  • The problem
    • Power cost
  • Solution
    • Logic Mining through MinePro
  • Halving effects
    • The gap increases further between industrial & retail Bitcoin mining
  • Competing solutions
    • Unattractive power rates and investment models
    • Startup style “cloud” mining, and zero revenue protocols.
  • Expansion
    • Hosting arm
  • Facility
    • Logic Mining's facility
  • $MINE deflation
    • $MINE as a deflationary asset
  • Opportunity size
    • Opportunity size
  • Internet Computer Protocol
    • Why ICP?
    • Decentralization
  • Long term vision
    • Long term vision
  • transparency
    • Transparency
  • team
    • The MinePro team
  • Tokenomics Abstract
    • The $MINE token
    • How $MINE works
  • In-depth tokenomics
    • $MINE use cases:
    • Tokenomics split
    • Staking mechanics
    • Sale minimums & maximums
    • SNS Parameters
    • Potential Attack Vectors
    • Funding Disbursement
    • Business model & profit split
  • Legal
    • Legal agreements and safeguards
  • Roadmap
    • Roadmap
  • Partners & ecosystem
    • Partners & ecosystem
  • more
    • Links
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  1. Tokenomics Abstract

The $MINE token

$MINE solves multiple pain points for retail when it comes to Bitcoin mining. For most, Bitcoin mining is simply inaccessible, and not worth the upfront capital, time, or learning curve associated with setting up your own mining operation. $MINE as a tokenization model solves these issues by allowing any size holder to earn rewards from an industrial level operation. $MINE is sellable at any time and holds value through multiple mechanisms. It provides real ckBTC profit dividends to $MINE staked investors every month.

Essentially, the $MINE product transforms any retail investor's Bitcoin mining entry proposition:

From: Invest at least 5 figures minimum up front, then hope you earn enough Bitcoin to cover this cost over several years.

To: Invest any amount into a liquid asset, which holds inherent value, has tremendous up-side potential, and is sellable at any time within seconds. Staking $MINE distributes monthly ckBTC mining profit dividends from an industrial scale mining facility with the highest profit rates in the industry directly to your wallet. This is RWA tokenization at its best.

We have completely expedited and streamlined the Bitcoin mining experience for retail investors. Completely removing the capital barrier of entry, as well as condensing the task of recouping investment, which can take mere months.

In order to start earning a share of the protocol's Bitcoin mining profits, holders must purchase and stake $MINE. Monthly ckBTC mining profits are distributed to $MINE staked investors on a monthly basis. These profits are paid out in ckBTC and are instantly claimable for each staked investor straight from our Dapp, fee free. After claiming their ckBTC dividend payment, investors can then decide to either buy more $MINE tokens and stake them (compound) or simply spend their ckBTC profit as they please.

View more on our token in our in-depth tokenomics

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Last updated 10 months ago

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