How It WorkS ?
What is BTCG?
BitcoinGalaxy (BTCG) is a Bitcoin like Minable Ethereum ERC20 Token, the first of this kind. It brings the Bitcoin Supply mechanism into a Smart Contract allowing a Bitcoin like currency to run on the ethereum blockchain. It is an easy to mine Ethereum Token, anyone can mine BitcoinGalaxy Scroll down for all instructions on how to mine!
Mining Reward
The mining reward of BitcoinGalaxy is the same as bitcoin in its perfect conditions. Initially, 100 coins are generated every 10 minutes (same like bitcoin in the beginning). The Mining is done by calling the function Mine() of the Smart Contract. Users only require to have few ETH in their wallets to pay the ethereum network fees. To avoid mining monopoly and better distribution, each call to the Mine() function delivers 1 to the sender, only a total of 100 calls are allowed per 10 minutes (totaling the max of 100 coins generated per 10 minutes).
Reward Halving
Like in bitcoin, BitcoinGalaxy comes with reward halving. Every 4 years the Mining Reward will be halved.
Supply
The total max supply is 21,000,000 BTCG, same like in bitcoin. Coins can only be generated via Mining, there is no other possibility to generate coins. The initial Supply is 0 . It will take approximately 132 years to mine all.
Bitcoingalaxy.io
