https://t.co/44GRut7tXU is now live.
0xfdda37cccd0f385e5c86f176a7750f1e16ab76a2
a new way to launch programmable internet money.
bitcoin was the first true internet money, built around a mining model that introduced block rewards, emissions, and halvings as part of the asset itself.
those same principles can now exist inside any coin.
every coin launches with its own pool, its own hashrate, its own block rewards, and its own halving cycle.
trading generates the rewards. holders determine the hashrate. each epoch resolves the distribution across the pool.
holdings × tenure × uptime = hashrate
every coin operates independently, with its own fee vault, its own emission schedule, and its own self-contained mining network.
welcome to Magic Internet Mining. 🪄
once people realize the magic in “Magic Internet Mining” tokens, they won’t look back.
we’ve architected a new model for launching tokens where holding itself becomes productive. every trade funds the pool, every holder becomes a miner, and time continuously builds into your hashrate.
the holding dilemma is finally being solved, and MIM is the first attempt at turning the act of holding a token into an entire mining system.
this is programmable internet money.
now that that is out of the way, $MIM is actively mining.
distributions happen every 60 seconds, with each epoch recalculating hashrate and paying ETH directly across the miner set.
simply by holding, you are participating in the pool. the longer you hold, the more tenure you build, and the greater your potential weight becomes across future epochs.
hold → build tenure → increase hashrate → mine ETH.
addressing all the fud:
“bundled the floor”
no, we did not. the bubbles you’re seeing are miners receiving distributions from the pool. as more epochs settle and more holders receive rewards, more connections appear on the bubble map.
this is a direct result of rewards being distributed across the miner set, not bundled supply.
“the connected wallets are insider wallets”
again, these connections are created by the distribution system itself. miners are paid directly from the pool according to their relative hashrate, so wallets receiving rewards naturally share an onchain connection to the same source.
“the bubbles prove the supply is controlled”
they don’t. the visualization is showing transaction relationships created as rewards move from the pool to miners. it does not, by itself, establish common ownership or coordinated control between those wallets.
the entire point of MIM is to distribute ETH across holders every epoch. what you’re seeing onchain is that system operating.
if all of our cards are played right, MIM will become a new standard for launching tokens.
holding a “memecoin” is no longer passive. time becomes part of your position, tenure compounds your weight, and every epoch rewards your relative share of the pool.
this is a much bigger deal than what you see on the surface. we have inherently solved one of the biggest problems with holding a token: there has never been a mechanism that makes time itself valuable.
launch: https://t.co/dey1726TAo
fyi for anyone who doesn’t know how the bubbles work:
our distribution system sends ETH rewards out to miners every epoch, which is why holders appear as individual “bubbles” in the visualization.
this is completely normal and means the system is working as intended.
https://t.co/44GRut7tXU is now live.
0xfdda37cccd0f385e5c86f176a7750f1e16ab76a2
a new way to launch programmable internet money.
bitcoin was the first true internet money, built around a mining model that introduced block rewards, emissions, and halvings as part of the asset itself.
those same principles can now exist inside any coin.
every coin launches with its own pool, its own hashrate, its own block rewards, and its own halving cycle.
trading generates the rewards. holders determine the hashrate. each epoch resolves the distribution across the pool.
holdings × tenure × uptime = hashrate
every coin operates independently, with its own fee vault, its own emission schedule, and its own self-contained mining network.
welcome to Magic Internet Mining. 🪄
internet money has existed largely as something you buy, sell, and hold, while the act of holding itself has remained almost entirely passive.
Magic Internet Mining introduces a new model that makes time part of the reward calculation.
the longer you hold, the more tenure you accumulate, increasing your relative weight across future epochs.
holdings establish your base weight. tenure increases that weight over time. uptime determines whether that weight remains active.
holdings × tenure × uptime = hashrate
two miners can hold the exact same number of tokens and still have completely different hashrates. time becomes part of the position itself, continuously changing how much of each epoch you are eligible to mine.
for the first time, holding has a clock.
fyi for anyone who doesn’t know how the bubbles work:
our distribution system sends ETH rewards out to miners every epoch, which is why holders appear as individual “bubbles” in the visualization.
this is completely normal and means the system is working as intended.
this is inaccurate. the miner system distributes rewards across holders every epoch, which is why every eligible holder appears as a “bubble”
the bubbles represent miners and their relative hashrate, not bundled supply.
read the docs to understand how the miner set and distribution actually work.
https://t.co/hcsbJJxQxF
$MIM is now running through its first live epochs.
237 miners are actively contributing to the pool’s 1.14 MH of hashrate, with each epoch recalculating their relative weight and distributing the next ETH block reward accordingly.
this is the first glimpse of internet money with its own miners, hashrate, and block rewards.
https://t.co/aCo8K9J4Cb
this is inaccurate. the miner system distributes rewards across holders every epoch, which is why every eligible holder appears as a “bubble”
the bubbles represent miners and their relative hashrate, not bundled supply.
read the docs to understand how the miner set and distribution actually work.
https://t.co/hcsbJJxQxF
a breakdown of Magic Internet Mining:
every trade feeds ETH into the coin’s pool, every epoch distributes a new block reward according to relative hashrate, and every era introduces another halving.
hashrate itself is determined by three variables:
holdings × tenure × uptime
holdings establishes the miner’s base weight. tenure increases that weight as the position remains in the pool, while uptime accounts for continued participation across epochs. together, those variables determine each miner’s share of the next block reward.
the emission schedule operates independently for every coin. as eras progress, the emission rate halves, changing how quickly ETH leaves the pool and increasing the reserve standing behind future epochs.
there is no shared pool between tokens. each coin maintains its own fee vault, miner set, epoch counter, hashrate distribution, emission schedule, and halving cycle.
trading generates the rewards, time changes the distribution, and the entire process repeats every epoch.
docs: https://t.co/hcsbJJyond
testing is finalized, and happy to say everything has been running smoothly across the board.
we’ve spent the last several hours running the mining architecture through live conditions, testing emissions, halving cycles, settlements, and how hashrate is calculated across active pools.
Magic Internet Mining will be live shortly.
all mining pools will resume at launch, and from that point forward, every epoch counts. 🪄
@Dvrk97 no, we haven’t launched yet.
right now we’ve opened launches to test the mining architecture across live pools including halvings, emissions, and settlements.
we will be live later today.
@Dvrk97 no, we haven’t launched yet.
right now we’ve opened launches to test the mining architecture across live pools including halvings, emissions, and settlements.
we will be live later today.
every mining pool operates as a closed system between the miners inside it.
miner hashrate / total pool hashrate = share of the epoch
there is a finite block reward available each epoch, so every miner’s position exists relative to the rest of the pool. increasing your hashrate increases your share of that epoch, while simultaneously changing the relative share of every other miner.
this creates a form of mutual exclusivity at the reward layer. no two miners can occupy the same portion of the pool. every change in holdings, tenure, uptime, or miner eligibility changes the distribution across the entire miner set.
at the beginning of each epoch, that relationship is resolved again. the eligible miners are established, individual hashrates are calculated, total pool hashrate becomes the denominator, and each miner receives the portion represented by their relative weight.
holdings × tenure × uptime = hashrate
the result is a constantly changing distribution of weight. you are never mining against a predetermined allocation. your share exists only in relation to everyone else participating in the pool during that epoch.