Memhash is a unique Telegram bot application that allows users to earn tokens through a mining process similar to Bitcoin. The project's developers have integrated cryptocurrency mining with the convenience of the Telegram platform, making the process simple and accessible to everyone.
How does Memhash work?
Memhash operates on a Proof-of-Work (PoW) principle. Users launch the bot, which uses the computing power of their devices to find the correct hash of the current block. After finding the hash, participants receive rewards in the form of tokens.
Features of the reward system:
Block reward: 70% goes to the miners who found the hash, while the remaining 30% is distributed among other participants.
Mining difficulty: Dynamic — it increases with the number of participants, making early connection particularly advantageous.
Reduction of rewards: Every 100,000 blocks, the reward decreases by 10% until it reaches a minimum of 10% of the original.
Turbo mode
Users can activate Turbo mode for an additional 200 Stars to significantly speed up the mining process (up to 32 times), utilizing the full potential of their devices. However, keep in mind the increased energy consumption and possible heating of the equipment.
Why should you start now?
Early participants gain significant advantages due to higher block rewards and less competition. The project's tokenomics suggest that the total issuance will be 1 billion tokens, and the mining period is limited to 60–90 days, ending on December 31, 2024. Thus, the earlier you start, the more tokens you can mine.
How to start mining with Memhash?
To get started, follow these steps:
Prepare Stars: Buy 500 Stars (~$12) through the Fragment platform (the official internal currency of Telegram).
Connect to the bot: Go to the link: t.me/memhash_bot/start?startapp=L5Ccu
Pay the entry fee.
Start mining: After activation, the bot will begin the mining process, and you will be able to track your results.
Use Turbo mode: Optionally activate the accelerated mode to increase the performance of your device.
Who supports the project?
Memhash is part of the TON (Telegram Open Network) ecosystem. The project has received an enormous response from the Telegram community: as of November 2024, more than 936,601 users actively use the bot. Funding through Stars goes toward the development of infrastructure, marketing, and supporting the ecosystem. This makes the project sustainable and promising.
Benefits for early participants
Maximum benefit: Early mining yields more tokens due to high block rewards.
Growth potential: As popularity increases, the value of tokens may rise significantly. Upon reaching a market capitalization of $100 million, the value of one token could be $0.10.
Limited issuance: Once all tokens are mined, mining will conclude, and the tokens will be redistributed among participants.
Conclusion
Memhash is a unique opportunity to enter the world of cryptocurrencies through Telegram. Its ease of use, potential for early earnings, and integration with the TON ecosystem make this project appealing for both beginners and experienced crypto enthusiasts. Join the game and start mining now to take advantage of all the benefits of an early start!
Connect to the bot:Go to the link:
t.me/memhash_bot/start?startapp=L5Ccu
and pay the entry fee of 500 Stars.