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#8th Buy Back and Burn

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#8th BBB Summary

ZMINE Mining Result Quick Summary

01-15 Dec 2018
Mining Profit: 0.49086273 BTC

16-31 Dec 2018
Mining Profit: 0.69869013 BTC

Alternative GPU Usage Profit: 0.17323105 BTC*

*For AI computing compensations from DeepBrainChain Foundation in this round are around $0.66 to $7.86 per GPU per day upon realtime usage.

 

#8th Buy Back Strategy

Date: 16 Jan 2019
BuyBack Percentage: 100%
Amount: 1.36278391 BTC

Buyback Exchange Pair
1. ‭BX.in.th‬ with ZMN/THB
2. ‭Livecoin.net‬ with ZMN/BTC

Buyback order at ‭BX.in.th‬ (GMT+0)
1. 06:01-16:00 : Place buy order of THB amount that equal 0.86278391 BTC at the latest price per ZMN
2. 16:01-17:00 : Cancel above order, place buy order with all remaining buyback funds at best available rate.

Buyback order at ‭Livecoin.net‬ (GMT+0)
1. 06:01-17:00 : Place buy order of 0.5 BTC at the latest price per ZMN
2. 17:01-18:00 : Cancel above order, place buy order with all remaining buyback funds at best available rate

 

#8th Buyback Result

Total Buyback Token:
525,027.76678597 ZMN (0.39% of ZMN Circulate Supply)

which consist of 342,206.66162508 ZMN from bx.in.th
and 182,821.10516089 ZMN from livecoin.net

 

50% of buyback tokens will be transferred back to Token Owner Address (0x008adda353dbbdc5def9897e0406511af690385b) to prepare Burn process on 1st February, 2019.

40% of buyback tokens will be distributed as MQ Rewards .

10% of buyback tokens will be distributed as ST Rewards .

 

#8th Burnt Tokens

TxID Status

https://etherscan.io/tx/0xf346e9784a4179816dbba332cfe4e1b6e81cc6b37af362b74b501f5bcb7844e8

 

Token supply before burning is 781,937,124.03 ZMN

 

Token supply afterburn is 781,674,610.16  ZMN