So I invested in the TimeMiner Project.....

By Mr. Sloth | CryptoNews2019 | 27 Aug 2020


Hi Guys,

as I written in this article, I stumbled across the TimeMiner project. The Idea in a nutshell: Only 24 Coins are mint a day, so every hour 1 coin. These coins are only distributed to the tokenholders and not dropped on the market. Ever holder get a percentage of the minted coin, based on his holdings. So every hour you get a little percentage, which sums up if you hodl. I have invested $367,20 an got 0,0765 TIME token. I´ve monitored 10 hours of payouts and here are my results...

First of all: How much is one TimeMiner Token? Not easy to say, because the homepage originally stated it is a stablecoin. But that is not the case, on the other hand the price is not 100% calculated by supply and demand, so this is a little bit unclear. Maybe someone can educate me on the price. Hence the project is only 72h old there is not much data, but here is the price chart:

996a01bf59b368570c2313fa12d4824b1ceb5ccd881ede12891c16c162762a66.png

All my calculations are based on $ 4800 per 1 Time, as you may see, this a little bit pessimistic but I want to keep it low. So I threw $ 367,00 in, which is 0,0765 time:

6807a0d8309bec22311f79edc59cbbdfeeda46b653d693478cd11f23bac394eb.png

 

This chart is verified and the gains were made. You can see that I made $28,00 in 10h, which equals an average gain of 0,819% per hour. It´s  nice, that you don´t need to claim the gains every hour and pay gas fee, these gains happen on-chain. You can see your balance on the TimeMiner Homepage when you logged in with your wallet. The following charts are just assumptions based on the 0,810% average gain per hour. So if you sum up a whole day it looks like this:

1734393ccee07dc3c8f7251f8275da22e3aa86f3fca2616099d94ff20ddcfebf.png

Well, 18% a week is not bad. Now the compound interest come in play. When we take 18% average gain and look what we have in a full week, we come to this chart:

2da7cfcbbb3772bfbd04caccb4d8c11b3364fb790ed0cd207092c884b4eab9a6.png

I am not a excel pro and maybe get something total wrong, but this look pretty solid. 1499,53 - 367,20 = 1132,33 earnings. I will do a update in the next week and keep you touch about the real numbers. It´s pretty important to hodl, cause when your sell, your % coin interest sinks. You know this is not a financial advice and you have always to do your own research. When you have any questions, just join the telegram group or comment.

Website:
https://www.timeminer.site/

Telegram:

https://t.me/timeminer

Contract:
https://etherscan.io/address/0xa54c67bd320da4f9725a6f585b7635a0c09b122e

Locked Liqudity:
https://etherscan.io/address/0xed8dca569aa0ae794fedf047c592564aef25162c#tokentxns

Uniswap Info:
https://uniswap.info/pair/0x608903534527b0623fe0b0bd81a2f29bc5b50d32

DexTools Info:
https://www.dextools.io/app/uniswap/pair-explorer/0x608903534527b0623fe0b0bd81a2f29bc5b50d32

Uniswap:
https://app.uniswap.org/#/swap?inputCurrency=0xa54c67bd320da4f9725a6f585b7635a0c09b122e

Every 1 hour only 1 coin is produce and distributed to holders according their % hold.

Circulation start with 24 coins.

ICO on website:
Presale start 12:00 UTC, 23 August 2020
Presale end 12:00 UTC, 24 August 2020

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Mr. Sloth
Mr. Sloth

just writing about cryptonews. You can follow me on twitter @CryptoNews2000


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