Beetcoin blends traditional Bitcoin tokenomics with the innovation of NFT mining on Solana, offering a decentralized, upgradeable, and community-driven platform for digital currency mining.
Join us to power a new era of blockchain efficiency.
Each Miner NFT has specific traits and hashpower, determining your mining capabilities and success rate in producing Beetcoins.
Increase your miner's hashpower and efficiency, improving your chances of mining success and reducing electricity consumption.
Improve your odds of mining success. Rewards are shared proportionally among participants, fostering community growth.
Beetcoin allows users to verify the legitimacy of each block winner, promoting trust and integrity within the community.
A block is issued every 5-10 minutes. BeetMiner NFT holders are shuffled and receive a range of winning numbers.
We cast the last Solana block hash to a number. The BeetMiner NFT holder with that number in their range wins the block.
The system mints the block reward (50 Beetcoins) for the winner. Reward is halved each 105 000 blocks.
Increase the hashpower of your BeetMiner NFTs using Beetcoins. This will improve your chances of winning a block.
By simply holding at least one BeetMiner NFT in your wallet you will be participating in the mining process. The more BeetMiner NFTs you hold, the more chances you have to mine a block.
You can read about how the mining system works here.
The max supply of Beetcoins are 21,000,000. The same as Bitcoin. 5% was used for the initial LP, 1% is reserved for BeetDAO NFT holders and 1% allocated for Marketing. 93% of Beetcoins will be distributed via Mining.
You can check the tokenomics here.