AMA with The Mining Token

Decentralized Club
7 min readOct 19, 2021

--

Introduction with The Mining Token

Q1. Can you tell us about The Mining Token and with what goals was it developed ?
@Grumpy4

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 investors! 👀🚀⛏ Done.

auria:
Q2. What is the process by which one can aquire the services of The Mining Token ?

Grumpy Miner:
$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. All Ethereum rewards produced by the power of mining will be distributed in 3 different pools according to what your preference is:
You can buy $TMT now at theminingtoken.com 👀🚀⛏⛏ Earn the highest APRs% in $ETH. TMT is here to change DeFi. Done

auria:
Nice!

Q3. How are the users benefitted even during price drops ?

Grumpy Miner:
If the price drops it means that there will be fewer people to distribute all the mined Ethereum, so you will get a higher return than you had imagined at the beginning! If you think about it, the best thing that can happen to you is that someone sells their currency because now that person will not receive their ETH and there will be more to distribute among all of the current holders. If you are mining for the long term you will always win regardless of the price of the coin! Theminingtoken.com Done! ✅👀⛏

auria:
Q4. Can you shed some light on the utility of $TMT Token and how are the holders rewarded ?

Grumpy Miner:
Yes, TMT is a utility token. A utility token is a digital cryptocurrency token that is issued in order to fund development and that can be later used to purchase a good or service offered by the issuer of the cryptocurrency. TMT is also mining-backed, so profitability and rewards are provided through mining. You can invest TMT in 3 different pools to earn ETH. 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 time. 30 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. Done.

auria:
Moving to our last question of this segment

Q5. What objectives are you planning to achieve by the end of 2021 ?

Grumpy Miner:
Q4 2021: By the end of the year we will be opening a new mining center in Asunción, Paraguay! This will help us to take advantage of the best things that different parts of the world have to offer while at the same time reducing risks by being more diversified. 👀🚀 After being well established and diversified in every country, we will expand our service to be able to offer all Bitcoin lovers the best option to mine safely with all the advantages that TMT offers. Soon you guys will be able to earn $BTC with TMT! Be ready.... done

auria:
Thanks for that well detailed introduction about Mining Token

Community ask questions from Twitter

auria:
1. Twitter username @c3ntrifug3

I read that at TMT you does 'the heavy lifting', users just chill. What do you mean by this, and what are the users function then?? Also, What's in for TWT & team members? How do you profit from this project?

Grumpy Miner:
Of course we are users of our own product, we purchase TMT and stake it the same as everybody else. But we never created any token for ourselves, it wouldn't be truly decentralized if not. All these conditions makes TMT 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! Done.

auria:
Move to the second question 😊

2. Twitter username @stephen_hawk3

TMT offers 3 different staking pools which are Flex, locked and liquidity pool. What are the differences between these, and what are the APY on each?? Are the returns investor friendly??

Grumpy Miner:
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 time

30 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.

Grumpy Miner:
TMT - BUSD LP Pool: Designed to reward those who want to add liquidity to the project and make it even more stable. Go check the APRs yourself. 👀 theminingtoken.com ✅ done

auria:
3. Twitter username @xa3yte

Trying to get the TMT token but I discoverd first and second MTO has passed, still, I got confused because the launch date for the 3rd MTO on your website says August 18th. What's happening??

Grumpy Miner:
Those are MTOs that passed. New ones are coming.
On our website there is a button to buy TMT. Theminingtoken.com

Stake TMT in the pools to earn ETH. Easy mining is now possible. Done

auria:
Move to the 4th question 😊

4. Twitter username @josephayoola19

Im fascinated by the whole idea of TMT and would like to get in earliest via the MTO. When is this event holding?? Kindly provide us with the details. Also how do we buy??

Grumpy Miner:
The Pre-sale or MTO (Mining Token Offering) is when new tokens will be minted since we will be increasing the mining capacity.
The MTO is the best time to buy $TMT since this increases the number of Mega Hashes available and more Ethereum will be mined every day which will then be distributed proportionally among all holders. At this point you can take the opportunity to buy before the price goes up. Where? At theminingtoken.com done

auria:
Let’s move to the 5th and last question of the segment

5. Twitter username @xa3yte

Trying to get the TMT token but I discoverd first and second MTO has passed, still, I got confused because the launch date for the 3rd MTO on your website says August 18th. What's happening?

Grumpy Miner:
Those are MTOs that passed. New ones are coming.
On our website there is a button to buy TMT. Theminingtoken.com

Stake TMT in the pools to earn ETH. Easy mining is now possible. Done

auria:
Thank you for answer all the Twitter question. That’s so informative for our community

Live Questions answered by The Mining Token

1)James:
Why chose to build on BSC (BEP-20) and not ETH (ERC -20) Network?

Running any airdrop?

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. Possible airdrop or Giveaway coming up in https://t.me/TheMiningToken!

2)Kal Horse:
💥
IS This Your project only for elite investors, how about others with small funds, is it open to everyone?

Grumpy Miner:
Its open for everyone. Whales don't have advantage at Theminingtoken.com This is sustainable DeFi that allows you to earn ETH.

3)Shahana 💔💔💔💔💔💔💔:
Q1) Sir, Do you have any YouTube channel or website for this project? where we can learn something this project??

Grumpy Miner:
We are finishing our Youtube channel. For the moment I leave the video of an investor who is very excited about the project! https://www.youtube.com/watch?v=k2nGCov-YBQ&t=1s

4) J Mags:
Aside from Ethereum, what other cryptocurrency will your company be mining? Do you plan to mine other PoW coins like Dogecoin, Litecoin and Monero?

Grumpy Miner:
We have plans to start mining Bitcoin! Now its a great time to buy $TMT. Don't miss out! Theminingtoken.com

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. DeFi is now Sustainable thanks to theminingtoken.com

--

--

Decentralized Club

🎉Welcome 🎉 We are a community who eats, sleeps and drinks crypto 😉 Contact👇@cryptoTALK01 @UniqueBoyDK for AMA and project promotions♻️ decentralizedclub.net