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#18th Buy Back and Burn

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#18th BBB Summary

ZMINE Mining Result Quick Summary & 18th Buyback Event Announcement
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01-15 Oct 2019
Mining Profit: 0.18217504 BTC
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16-31 Oct 2019
Mining Profit: 0.16479038 BTC
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Alternative GPU Usage Profit: 0.05103473 BTC

 

#18th Buy Back Strategy

18th Buyback Information
Date: 16 Nov 2019
Total Profit: 0.39800015 BTC

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BuyBack for Burn: 50% at livecoin.net
Amount: 0.1990 BTC
Keep for MasterQueue Reward in BTC on Jan 2020: 40%
Amount: 0.1592 BTC
Keep for Suggest Reward: 10%
Amount: 0.0398 BTC
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Buyback Exchange Pair
1. Livecoin.net with ZMN/BTC
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Buyback order at Livecoin.net (GMT+0)
1. 06:01-16:00 : Place buy order of 0.199 BTC at the last 15 days of the lowest price per ZMN
2. 16:01-17:00 : Cancel above orders, place buy order with all remaining buyback funds at best available rate.
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Notes
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– Last MasterQueue Reward which paid by ZMN Token will be on 12 Nov 2019
– Afterward, MasterQueue Reward will be temporarily zero but all other functions like create, cancel, level up of MasterQueue are still normally operate.
– MasterQueue Reward will resumed again on 20 Jan 2020 and start paid in BTC onward.
– First 4 MasterQueue Reward in BTC will be paid from 40% of mining profit from Oct-Dec 2019

 

#18th Buyback Result

BuyBack for Burn: 50% at livecoin.net
Amount: 635,419 ZMN
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Keep for MasterQueue Reward in BTC start on Jan 2020: 40%
Amount: 0.15917609 BTC
Store at BTC Address: 1MqXpjiUnetvS8tPtxhmQ1T4Zw889ScC2b
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Keep for Suggest Reward: 10%
Amount: 0.0398 BTC
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Total BuyBack for Burn 635,419 ZMN which equal to 0.3900% of total circulate supply.

 

#18th Burned Tokens

 TxID status

https://etherscan.io/tx/0xdeddb81fca5ca599577868bf1c13655e2d4e6250037e506f36634c096fb763c2

 

Token supply before burning is 236,580,282.27 ZMN

 

Token supply afterburn is 235,945,264.27  ZMN