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#7th Buy Back and Burn

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#7th BBB Summary

 

ZMINE Mining Result Quick Summary

01-15 Nov 2018
Mining Profit: 1.23561959 BTC

16-30 Nov 2018
Mining Profit: 0.66201054 BTC

Alternative GPU Usage Profit: 0.12412676 BTC*

*Alternative GPU usage profit are profit which resulted from other GPU usage apart from cryptocurrency mining eg. GPU rental and AI computing which we are start testing phase this month. As AI computing requires a lot more CPU, RAM, HDD than normal mining machine, therefore, we keep an eye on the profit of this part and particulary, expanding our fundamental resources in order to support up to 6,800 GPUs in the next 2 years period as we signed in service agreements with Deepbrain Chain foundation.

#7th Buy Back Strategy

Date: 16 Dec 2018
BuyBack Percentage: 100%
Amount: 2.02175689 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 1.02175689 BTC at latest price per ZMN
2. 16:01-17:00 : Cancel above order, place buy order with all remaining buyback fund at best available rate.

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

#7th Buyback Result

Total Buyback Token:
637,595.83005301 ZMN (0.48% of ZMN Circulate Supply)

which consist of 327,601.91227272 ZMN from bx.in.th
and 309,993.91778029 ZMN from livecoin.net

 

50% of buyback tokens will be transferred back to Token Owner Address

(0x008adda353dbbdc5def9897e0406511af690385b) to prepare Burn process on 1st January, 2019.

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

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

 

#7th Burnt Tokens

 

สามารถตรวจสอบจาก TxID https://etherscan.io/tx/0x8c69550759ca045068453b812a14f8aa51e31a5749cc80e8a3164ecce8c0cc81

 

 

จำนวนโทเคนที่เหลือก่อนการเผาคือ 782,255,921.94 ZMN

จำนวนโทเคนที่เหลือหลังการเผาคือ 781,937,124.03  ZMN