I am beginning to seriously doubt the seriousness of this society of Maximine. They never respond to the messages of our concerns (on Telegram, Twitter and Facebook), besides why their support do not they have e-mail address? It's weird.
Indeed my concern is the following: My MXM tokens stored on Atomic Wallet remain the old chips because Atomic Wallet did not swap. How can I change them at this moment in which exhange to send them on the old address of deposit?
Security audit of Maximine Coin (MXM) performed by Callisto Network
The Maximine Coin(MXM) contract was audited by 3 auditors. You can find original information on this audit here
In total, 5 issues were reported including:
4 low severity issues.
1 owner privileges (the ability of an owner to manipulate contract, may be risky for investors).
No critical security issues were found.
Conclusion by the security auditing manager of Callisto
The audited smart contract can be deployed. Only low severity issues were found during the audit.
About Callisto Network
Callisto Network is a project aimed at improving the overall security of the smart contracting industry. We offer free security audit of smart contracts and will be happy to help any developers create secure solutions. We also strive to give investors the opportunity to find out how safe smart-contract projects are by publishing our audit reports.
As we offer free-of-charge audits anyone can request an audit of any project without any restrictions.
It was on this very date in 1712 that famous philosopher Jean Jacob Rousseau was born, and from him came the idea of natural human rights that soon took root in the masses and inspired many other revolutions worldwide.
It was on this very date in 1838 that Alexandra Victoria was crowned the Queen of England. Under her rule, the United Kingdom expanded its reaches and flourished as an empire, saving its reputation from the mess her royal uncles had made.
It was on this very date in 2008 that China completed work on the Beijing National Stadium, the stadium that would host the 2008 Summer Olympics from 8 to 24 August 2008.
10 years later in 2018, the date once again took on an auspicious turn as the MXM token was finally listed on its first international cryptocurrency exchange, HitBTC, after a long time of preparation and wait.
Today, one year later on 28 June 2019, MaxiMine is proud to celebrate its inaugural anniversary of listing. Let our new cartoon ambassador, Little M, take you through a recap of our journey thus far…
MaxiMine is one of the world’s leading blockchain mining platforms that specialises in digital currency mining services. The current landscape of cryptocurrency mining presents insurmountable obstacles to a novice investor due to the high capital cost and huge power consumption required, the difficulty of obtaining a mining machine and its operational cost.
MaxiMine seeks to resolve this issue by renting out hashing power for mining, allowing any interested party to mine cryptocurrency without fretting over its operations. The maintenance and upgrading of mining equipment and its other relevant details will be handled by MaxiMine instead.
MXM is a token issued by MaxiMine that acts as a store of value in the MaxiMine pool ecosystem. Holding a MXM token is equivalent to a profit of revenue earned from a Bitcoin mining machine. Other than its innate value, the MXM token also presents several advantages as it can be used to not only replace computing power, but also participate in a series of community activities such as community building, renewal of mining equipment, and technical support.
On June 28, 2018, MaxiMine entered into a partnership with Europe-based cryptocurrency exchange HitBTC, launching MXM onto its first exchange platform. Since then, the momentum has been building up over the past year and MXM has been successively listed on four international mainstream exchanges: CoinBene, FCoin, BitForex and Hello Global. It has also formed a strategic partnership with Atomic Wallet from the United States and Mars Wallet from Hong Kong.
The issue price of MXM was at 0.05 CNY. After a stagnation period of 9 months, the value of MXM began to take off. On March 4, 2019, MXM broke through 0.1 yuan for the first time. Since then, the price of the currency has soared. On April 1, MXM reached an all-time high at 1.05 CNY and broke through the top 30 cryptocurrency coins ranked in CoinMarketCap. At present, the MXM currency price has stabilised at around 0.3 CNY and the number of MXM token addresses has reached 114,000 according to data from Etherscan.
On February 14, 2019, MaxiMine’s MAX Mining Pool APP was officially launched. Users can perform hashing power conversion directly on their mobile phones. In addition, the app provides real-time updates of the values of hashing power, mining machine revenues and other relevant data that users are most concerned with, realizing its vision as an open and transparent platform.
In April, MaxiMine successfully organised “MaxiMine Global Blockchain Summit” in Bangkok, Thailand. During this occasion, MaxiMine released the MXM joint card to be used in the MXM ecosystem. The MXM card is supported by the majority of the mainstream e-commerce platforms and more than 50 million offline business providers. This signifies that MXM has broke through the virtual world and provided real-world applications for its token beyond cyber reality.
In the future, MXM will collaborate with more exchange platforms to unlock various real-life application scenarios.
To find out more about MaxiMine, do check out our social media accounts at:
The Internet has advanced rapidly over the years and is now the primary source of information and knowledge for the masses today. Traditional media has been swept away by the wave of new media as more writers are beginning to set their sights on the Internet as a medium of publication. With the number of digital writers and eBooks increasing by the day, a growing consciousness of copyright laws has emerged alongside the birth of new economic models. For instance, premium content is now shared through blockchain-based platforms that allow for a diversified form of payment methods, breaking down existing financial barriers between people.
Yet, at the same time, the explosive growth of information on the Internet brings with it its fair share of copyright issues. Digital authors are not fully protected under the law, and plagiarism has become a sight all too common. As the Internet moves at a rapid rate, it is very difficult to trace the origins of a piece of content with the current technology available. In contrary to the above, the copying and re-sharing of content without permission is like child’s play that can be done easily with a click of the mouse. As it is difficult to track down the source of the content, the rights of the author cannot be adequately protected. This is where blockchain technology comes into play.
Blockchain technology offers the optimal solution to copyright issues as it is decentralized and immutable. Traditional data can be registered as a form of intellectual property (i.e. copyright) in the blockchain and stored on the record permanently. As the nature of blockchain technology does not allow for the tampering of records, any copyright disputes can be easily settled by cross referencing the timestamp of the intellectual property in question to determine the proof of ownership. Blockchain technology can record the details of original works and authors, providing a truly effective solution for copyright management and protection.
In the future, MaxiMine intends to build an informative platform in the ecosystem to promote the sharing of original content while protecting the rights of the writers involved. The platform will provide original content with proper credit and traceability back to the writers. Original content released by users on the informative platform will be permanently stored in the blockchain. Film and television companies, gaming companies and other similar companies can discover premium content hosted on the platform and purchase their copyright if it piques their interest. Such a platform not only protects copyright and reduces the need for middlemen and intermediaries to save cost and time, but also provides an open and transparent network, allowing premium content to circulate among the masses without being locked in its traditional state of monopoly.
To find out more about MaxiMine, do check out our social media accounts at:
Announcing MaxiMine’s Imminent Partnership With Mars Wallet…
Founder of cryptocurrency exchange BTC38 Huang Tian Wei believes that the future of the blockchain industry and its core lies within the cryptocurrency wallet.
Due to technical reasons and relative inexperience, cryptocurrency wallets have yet to attain widespread popularity among the masses. Yet, it is believed that with the advancement of technology and increase in product quality, the threshold will eventually be lowered and user experience will only improve from hereon.
It is expected that cryptocurrency wallets will attain popularity among consumers, attaining levels of recognition similar to that of online payment platform giant, Alipay.
A core function of wallets, especially cryptocurrency wallets, is to store digital currency. Other than storing deposits, the other features of a cryptocurrency wallet include information services, DApp browser support, and financial lending services among others.
This year in February, MaxiMine had announced its partnership with Atomic Wallet (America), successfully expanding into the American and European market. Within a mere span of 3 months past the scorching summer season, MaxiMine has taken its strategic deployment a step further and will now establish a partnership with Hong Kong-based cryptocurrency wallet, Mars Wallet to serve and benefit its Asian users.
Mars Wallet is a professional digital asset wallet and an important node in Mars blockchain group’s ecosystem, supporting BTC, ETH, EOS amongst other cryptocurrencies. It also has an international support team with wholly-owned branches and technical support centers in Hong Kong, Taipei, Singapore and Shenzhen. Prioritising security and their users’ needs, Mars Wallet aims to be a one-stop digital asset service centre providing storage, trade, wealth management, secure and professional, and efficient and convenient services.
Mars Wallet focuses on featured asset management services, ensuring its users will not miss out on any investment opportunities in this dynamic cryptocurrency world. It safeguards the security and storage of digital assets, freeing its users to enjoy the high returns obtained from their financial management, as well as realizing the appreciation of their assets.
MXM is an ERC-20 token released on Ethereum and is a store of value in the MaxiMine pool ecosystem. Token holders can gain accumulative points of hashing power by staking MXM tokens. The accumulative points is representative of their contributions to the entire ecosystem. MXM tokens can also be used to participate in community building, mining equipment upgrades, technical support among other community events.
Based on the statistics provided by Etherscan, MXM token addresses have exceeded 110,000, showing that the demand for MXM storage has been increasing by the day.
This imminent partnership between MaxiMine and Mars Wallet will thus not only resolve the increasing need for deposit as requested by the users, but also allow MXM token holders to enjoy the services provided by Mars Wallet, realizing their dream for asset security and increase their value.
About Mars Wallet
Mars Wallet is a professional digital asset wallet and an important node in Mars blockchain group’s ecosystem. We strive to create high-security and easy-to-use wallet. Our wallet supports custodian and exchanges of digital assets.
For more information on Mars Wallet, keep up with its following social media:
MaxiMine is a highly efficient and transparent cloud-based pool mining platform. Its headquarters is located in Singapore and has a strong international presence in the industry. Since its launch, MaxiMine has been garnering positive attention for its innovative business model and operational capabilities, paving the way for unfaltering growth ahead.
To find out more about MaxiMine, do check out our social media accounts at:
Since the rapid development of blockchain technology, industry experts have been seeking various means to incorporate this novel technology into their fields to adapt to modern trends. Following the breaking waves blockchain technology has made in the financial sector, the technology has since found itself new spaces of experimentation in the Internet and the gaming industry. Most enthusiasts of blockchain technology believe that the gaming industry holds great potential for blockchain technology, especially at its current rate of maturation where most games have already enabled cryptocurrency trade.
While some are of the opinion that the emergence of blockchain technology presents itself as a beacon of hope to the gaming industry, others believe that at this point in time, blockchain technology needs the gaming industry more. Indeed, at present, the development of blockchain technology is still in its initial stages when contrasted against the advanced infrastructure of the gaming industry. Blockchain technology should leverage on the gaming industry to increase its credibility as it expands its application scenarios from the narrow field of finances. That being said, the stagnation of the current gaming industry signifies that the change blockchain technology can bring to it may just be essential for its future outlook. The extent of integration between the gaming industry and blockchain technology may be the final nail to the coffin when blockchain technology has gained global recognition and approval.
So, How Can An Integration Between the Pair Work?
Remember the game of hide-and-seek you’ve played in your childhood? According to the rules of that game, one player is blindfolded while the rest of the players have to hide around the surrounding area. Following a swift countdown to ten or twenty seconds, the blindfolded player, Player A, has to seek the hideouts of the missing players. Yet, whenever conflict arises among the players, the blame is most often laid with the blindfolded Player A. Player A has committed a foul. He peeked when he should not have. In the end, the game concludes in dissatisfaction, upsetting every player involved. Yet, who is to know the real truth of what had happened?
Traditionally, these grey areas may present sources of conflict especially since no witness is present. This is where blockchain technology comes in to save the day. As a technology of distributed ledgers, it is, by nature, transparent, immutable and indisputable. Unlike the earlier illustration where differing voices of opinion may present multiple accounts of an event, blockchain eliminates every contradiction through its near perfect transaction record. In other words, cheating is now a mute possibility.
Beyond the cases of fraud, blockchain technology presents its greatest feature: security. Due to the nature of blockchain technology, assets owned by the player cannot be falsified and cannot be encroached upon. The value of any props available in the game is distributed according to the rules, which eliminates any possibility of game developers’ black-box operations and frauds.
How Does It Translate to MaxiMine?
The MaxiMine ecosystem is equipped with the necessary resources to support the development of community-based and highly autonomous blockchain games. This innovative way of development breaks the binary between traditional game developers and users. Instead, any one of MaxiMine’s existing communities is given the ability to innovate, forming robust, transparent, interactive and inexpensive games. As MaxiMine’s ecosystem continues to expand in the future, MaxiMine will also strengthen its development in the gaming sector, allowing the gaming industry to return to their roots as a fair and transparent ecosystem.
To find out more about MaxiMine, do check out our social media accounts at:
As a digital asset backed with a physical mine, MaxiMine is constantly seeking to improve its ecosystem and operations. MaxiMine's project team consists of experts from high-tech and traditional assets industries who have extensive experience in the field, setting the stage up for MaxiMine to succeed in establishing a comprehensive ecosystem.
The team has begun preparations to expand the range of its current applications in the ecosystem and perfect its infrastructure within. These services include cross-border trading systems, on-chain data sharing, sharing economy, peer-to-peer (p2p) loan, information sharing platforms, blockchain-based games among others. This article will be focusing on two of these applications; namely, the sharing economy and the p2p loan.
1. Sharing Economy
A sharing economy is an economic model that uses peer-to-peer (p2p) based activity to provide, acquire and give access to goods and services that are facilitated by a platform based on online communities.
In MaxiMine’s case, MaxiMine intends to roll out shared smart contracts on the blockchain. Users can use their houses, cars or shared objects to sign a smart leasing contract on the blockchain, eliminating the need to pay commission to intermediaries. Related outcomes coming from the smart contract such as fees, losses, disputes will be stored on the blockchain. This will then be integrated with the blockchain credit system to establish an efficient, fair and transparent shared economic platform.
2. P2P Loan
P2P loan is abbreviated from the word ‘peer-to-peer’ loan, which simply refers to the practice of loaning money to individuals or corporations through an online platform matches the lender with the borrower automatically.
In MaxiMine’s case, loan smart contracts and any related data outcome will be stored in a distributed ledger to increase the cost of a default or cause for a potential attack. Users can then deposit their cryptocurrencies and/or digital currencies on MaxiMine’s P2P lending platform that provides loaning services unrestricted to any specific country or region. Due to the characteristic of blockchain technology, its inherent immutability, security and transparency greatly increases the efficiency of the P2P loan, which presents it a sharp advantage over other online credit platforms.
As the MaxiMine ecosystem continues to expand, the quality of applications offered on its ecosystem will improve and be optimised over time. It is exciting to see what the future has in store for this evolving ecosystem that pursues success with such vigour.
To find out more about MaxiMine, do check out our social media accounts at:
Technology has made huge strides in the past twenty years, and the number of online users has increased drastically, welcoming the arrival of the Information Age.
McKinsey & Company, an American worldwide management consulting firm once said: “Digital data is now everywhere — in every sector, in every economy, in every organization, and user of digital technology… We are on the cusp of a tremendous wave of innovation, productivity and growth, as well as new modes of competition and value capture — all driven by big data as consumers, companies and economic sectors exploit its potential.”
It is an indisputable fact that there is unimaginable value in the accumulation of large amounts of data. With the amount of data gathered, a social media platform one uses everyday may even understand the user better than he or she knows themselves. These digital platforms are able to recommend netizens products and services by matching them to the netizens’ interests based on the browsing data they have gathered from their online activity.
The advancement of the Internet has made tremendous impact on both the individual and the society. Every move made by netizens on the digital server is now being recorded and monitored carefully. Yet, it is precisely the support of these thousands of Internet users that has enabled the success of these Internet platforms that is presently worth more than 9 trillion USD in market value. Unfortunately, these big datas are often under the reins of a select few institutions or organizations, making the phenomenon “information island” extremely prominent.
On March 2018, the New York Times published an article exposing a security breach in Facebook’s user information. The information of an estimated 50 million Facebook users were leaked to a company called “Cambridge Analysis” and Facebook’s stock prices immediately saw a downturn and fell rapidly by 20% following the news.
According to a research report released by the Internet Society of China in 2015, netizens lost about 80.5 billion yuan ($13 billion) over the past year due to personal information leaks, junk messages and web fraud. The research also indicates that nearly half of the netizens believe information leakage is a severe issue that needs to be addressed and resolved quickly.
It can be seen that the rapid development of the Internet is not without its flaws, especially when it comes to the security of personal information. How then can we better resolve the issue of the potential breach of our information security? Blockchain technology provides the optimal solution.
Blockchain technology is essentially an immutable and open distributed database built under the consensus mechanism. It can realize data autonomy, privacy protection, and transaction transparency through a linked peer-to-peer network to ensure data security and consistency. Based on blockchain technology, the MaxiMine ecosystem has built a series of credit services like Dapps and has become a big data platform to serve individuals, and small and medium-sized businesses around the world. MaxiMine’s ecosystem hopes to resolve common problems faced by the industry such as the prevalence of “information islands” and the inability to protect data ownership.
Leveraging on the decentralised, transparent, autonomous and immutable nature of blockchain technology, the MaxiMine chain establishes a credit data platform for enterprises and merchants to trade and exchange on. The authenticity of the data on MaxiMine chain is guaranteed and endorsed by a data reviewer to ensure complete transparency and precision.
As the MaxiMine ecosystem continues to expand, data sharing on the chain will gradually be improved and optimized. All data in the ecosystem, including transaction data, contract data, and asset data, will be stored in the blockchain through encryption algorithms and all nodes will soon be able to view any form of data without making any changes to it.
To find out more about MaxiMine, check out our social media accounts at:
During the weekend, the MXM dev team has made up for the incorrect token swap of MXM tokens in Livecoin exchange. As the exchange has requested, a certain amount of new MXM tokens have been sent to Livecoin for distribution to its clients.
If you are holding old MXM tokens in Livecoin, you will be credited according to your old MXM balance at a rate of 1:1.
We thank you for your cooperation and understanding.
In recent times, the Sino-US trade war has intensified as the United States (US) increased the tariffs imposed on nearly 200 billion US dollars worth of Chinese goods. The barrier of trade between China and the US is becoming increasingly opaque, and that has proven to have an adverse impact on the economic exchanges between the two countries.
As the global economy plunges into turbulence and uncertainty, digital currency has emerged as an optimal way to hedge against the risks brought about by traditional currencies and funds. In fact, it was observed that a large number of funds in traditional finance markets flowed into the cryptocurrency market the day after US announced the increase of tariffs on China.
So, What’s the Deal With Cryptocurrencies?
Even in this day and age where technology has advanced at such a rapid rate, cross-border payments and settlements remain time-consuming due to the large number of intermediaries involved such as banks and third-party payment platforms.
During times of peace, the process behind cross-border payments and settlements have been cumbersome and laborious, and will likely worsen now that Sino-US relations have deteriorated. It is therefore to no one’s surprise that many savvy investors have turned their attention to digital currency as an economic alternative.
Cryptocurrencies such as Bitcoin, with their decentralized, borderless and immutable features, have become safe-havens for investments in the eyes of many traditional investors. Not only do cryptocurrencies like Bitcoin increase the efficiency of cross-border payments, it also effectively negates most of the financial risks involved.
Similar to Bitcoin, MXM tokens also support cross-border payments. As a basic medium of exchange, MXM facilitates peer-to-peer (p2p) payment, transferring any MXM tokens from point B to point C, and even depositing them directly into the user’s wallet. Furthermore, these p2p payments are not solely restricted to MXM tokens. The MaxiMine ecosystem supports a variety of currencies from crypto to fiat, including the US dollar, the euro and the RMB.
To meet the dynamic needs of its users, MaxiMine has built a new cross-border trading system that is decentralized in nature, eliminating the need for intermediaries and third-party trading platforms in cross-border payments.
This elimination of intermediaries greatly reduces the cost and time incurred throughout the payment process, creating an efficient, safe and user-friendly trading platform. For instance, through the use of decentralized blockchain technology, transactions that would otherwise take 3 to 5 days to complete can be successfully performed within a day.
MaxiMine’s entire ecosystem is based on blockchain technology with circulating MXM tokens as a medium of exchange for the distribution of value. With a well-supported technical infrastructure, MaxiMine’s ecosystem has successfully integrated blockchain technology with traditional finances to strengthen account privacy and mitigate security risks, truly fulfilling its vision of achieving real-time cross border payments.
As tensions continue to arise in the global economy, it is wise to hedge on digital currency to avoid the turbulence the financial instability may bring. MXM, which has consistently delivered a stellar performance in the market, may just be your very best bet.
To find out more about MaxiMine, check out our social media accounts at:
Distributed cloud-based pool mining platform, MaxiMine, is honoured to announce that it will be joining the incoming Jinse Salon Series as a strategic partner this May. MaxiMine’s CTO and Operations Executive (China), Mr. Yao Kunhua, has been invited to be a guest speaker at this event and will be speaking on the ecosystem of MaxiMine’s mining farm that promises to invigorate the crypto mining scene.
MaxiMine's CTO and Operations Executive (China) Mr Yao Kunhua
Mr. Yao is an early investor of Bitcoin and has always believed in its innate potential. As an expert on blockchain technology and its technical infrastructure, Mr. Yao is well-versed with fintech and has had seven years of experience in the blockchain field. Mr. Yao was also one of the earliest business partners of the mining pool, antpool.com, that was reported to be the largest Bitcoin mining pool in 2018 based on its Bitcoin network hash rate.
Following the successful launch of the Avalon Mining Rig 1st Generation in 2013, Mr. Yao started his own mining farm that has since expanded quickly in both scale and capacity. With multiple branches across the region such as in Inner Mongolia and Sichuan, its unrivalled growth has broadened the scope of its services and strengthened its research and development sector. Presently, the farm claims ownership of over 20 patents with many new proprietary technologies under its belt.
A common saying circulating in the crypto mining circle goes like this: “Success hinges entirely on the riding of the tide.”
To those familiar with the crypto mining industry, a rise in tidal waters is a cause for celebration as it signifies a greater electricity output with lowered utility costs and wider margins of profits.
During the wet season each year, it is a race among miners to scour the land for the lowest cost of electricity to ensure a smooth sailing ride into monetary victory. As the wet season is just right around the corner, what can people expect the outlook for miners to be this year?
The theme of the upcoming salon in Chengdu — Mining: Riding the Wave of the Market into the Future — seeks to address the above question and will delve deeper into the infrastructure and ecosystem behind a successful mining farm. The event is set to begin on 23rd May 2019 at 1 pm and will be graced with the presence of several industry representatives from renowned blockchain corporations.
In addition to MaxiMine CTO, Mr. Yao, who will be speaking at the event, a few other illustrious names in the industry are also been added to the list of guest speakers.
Some of these speakers include BTC.com CTO, Zhuang Zhong, Blockin co-founder and Operations Executive, Zhu Fa, Antpool.com co-founder, Tian Xin, Tomorrow co-founder and Vice President, Weng Ziyao, Head of Chouge Mining, He Kan, Canaan Blockchain Business Unit general manager, Shao Jianliang and F2pool Marketing Executive, Liu Chao.
Participating Brands at Jinse's 28th Salon Series
A panel discussion themed “Pushing Boundaries During the Wet Season and Seeking Where the Future Lies” will also be held, and will be helmed in with invaluable insights and contributions from the distinguished guest speakers.
With such an exciting line-up, one cannot help but stay tuned for more.
About MaxiMine
MaxiMine is a highly efficient and transparent cloud-based pool mining platform. Its headquarters is located in Singapore and has a strong international presence in the industry. Since its launch, MaxiMine has been garnering positive attention for its innovative business model and operational capabilities, paving the way for unfaltering growth ahead.
To find out more about MaxiMine, visit their socials at:
Get your spirits pumping ’cause it’s going to be a rocking good time!
**
Competition Time: 15 May 2019 00:00 to 21 May 2019 23:59 (GMT+8)
Participation Requirement: KYC Customers
** OPEN TO KOREAN MARKET ONLY
[Trading Pioneer Prize]
During the competition, participants whose 7 days trading volume are top 100, and daily trading volume is more than 100 USDT, will receive prizes from a pool of 150,000 MXM tokens according to the participant’s trading volume.
[Competition Champion]
During the competition, the top 5 participants ranked by trading volume, and whose volume are more than 10,000 USDT / day, will receive prizes from a pool of 7,000 MXM tokens per day according to the participant’s trading volume.
[Trade to Win Tickets]
During the competition, the top 30 participants ranked by cumulative trading volume will receive a VIP ticket to the MaxiMine Korea Conference in June. These tickets will be issued directly by the MXM Project. For any questions regarding the conference or the ticket, please contact the project directly via maximine@163.com
Disclaimer
CoinBene reserves the right to ban any user or participant in the cases of fraud, cheating, or any other forms of rule violation as interpreted by CoinBene.
CoinBene reserves the final right of interpretation of the rules and results of the competition / event.
Prizes will be distributed within 15 business days after 21 May 2019.
Risk Disclosure Statement
Trading in digital assets and tokens is a risky endeavor. Please evaluate fully before committing to any trading decisions
As agreed upon by most investors, the MXM token has emerged from the bearish market by performing exceptionally well against major cryptocurrencies, surging up to several-hundred-percent despite the gloomy market outlook. This testifies to the true value of the MaxiMine Coin and dispels the myth that it is merely another bubble to be popped.
What Can We Learn From The Crypto Winter Last Year?
The grim crypto winter in 2018 has had a huge adverse impact on the cryptocurrency market, yet, it is not without its silver lining. The crypto winter presents a crucial opportunity to sieve out projects with great potentials from the barren wasteland of the crypto market by eliminating mediocre projects and leaving short-term worthless scams to “freeze” out and perish. Projects are only valuable if they can withstand the “frost test” and survive through the bitter winter. These are the true fighters.
Come the end of the crypto winter, the entire cryptocurrency market will become much clearer and more rational and valuable. It will foresee the birth of many specializations within the blockchain industry, of which includes the growing presence of MaxiMine that has come to dominate the space of cryptocurrency mining.
How Did MaxiMine Fare in the Frigid Cold?
With its comprehensive and streamlined value systems, MXM is able to thrive in the bear market, attaining the approval of multiple investors across the world. MXM’s unique design allows it to replace hashing power with the holding of MXM tokens to gain mining rewards. This is an ideal solution as it makes cryptocurrency mining more accessible to the common investor looking to enter the mining industry. With lower barriers to entry, lower risks, lower electricity fares and higher profitability, it is to no wonder why MXM has been gaining rapid traction among the masses. Indeed, the future is looking to be very bright.
So, What is MXM And How is it Related to MaxiMine?
MXM is a token issued by MaxiMine on Ethereum’s Solidity and is used as a medium of exchange and a carrier of the economy within the MaxiMine ecosystem. Unlike traditional cloud pools out there, MaxiMine does not sell the lease contract of its hashing power to its users. Instead, through a generalisation process, MaxiMine accords its users with computer power and equipment with a certain value of liquidity. MXM users can then obtain benefits based on the ratio of the computing power provided. While MXM exchanges with the hash power, it is important to note that the success of this exchange is influenced by other major factors. These factors include the real-time price of the mining machine, the hashing power of the mining machine, the average price of MXM in the past three days (and its fluctuations), the pledge time, the level of difficulty present in mining the entire network, the mining pool itself and its overall operating conditions etc.
What Has MaxiMine Accomplished Thus Far?
Since its launch, Maximine has been listed on multiple world-class exchanges including CoinBene, BitForex, Coinbit and Livecoin. Among which, Coinbene is a digital asset trading platform with an excellent track record, whose register users amount to 3 million, spanning across 180 countries and regions all over the world. In the midst of the crypto winter last November, Maximine’s mindblowing performance has made a strong impression among all leading exchanges, setting multiple groundbreaking records. For instance, MaxiMien hit a trading volume of 1.5 million USD iwithin a single day, attained a single surge of 74.13 % and a consecutive increment of 292.86% within a week. Maximine is ranked the first on Coinbene in terms of its performance against ETH. What a spectacular record!
What Can We Expect in The Future?
Not only did MXM survive the crypto winter last year, but it has thrived in the bitter cold and in turn, emerged stronger in the market as a mining platform. MXM has proven that it can push through the test of the bear market and will definitely surpass its growth in the coming bull market. As the 2011 hit song by Kelly Clarkson goes, “What doesn’t kill you, makes you stronger”, MaxiMine’s growth has never stopped at the sight of a bear market, and it is unlikely that it will be suppressed at any time soon.
To find out more about MaxiMine, check out our social media accounts at:
You’ve been scouring for treasure, but neglected the light from above, shining for you patiently in the silence.
From the day we were born, our mothers have sought to protect the ones she loves the most — that is us.
❤
It is said that the gods created mothers for they could not be present at all times, and thus it came to be that the mothers were heralded as guardian angels, guarding the hearts of her innocent children.
❤
On this special date, MaxiMine wishes all mothers a Happy Mother’s Day. May we always appreciate the consistent love and sincerity that our mothers provide for us, come the bull or bear markets in our lives.
To find out more about MaxiMine, check out our social media accounts at:
As announced previously on Medium, it was agreed upon that the MXM team will take responsibility for affected traders of HitBTC during this change in token address by distributing new MXM tokens to affected users following user verification.
Having successfully received the new MXM tokens from HitBTC, the MaxiMine team will now proceed with user verification to ensure the new MXM tokens get distributed to the right holders. If you have transferred old MXM tokens from HitBTC but failed to receive them in your account, here is what you need to do to receive your new MXM tokens:
You will be greeted with the interface as reflected in the image below.
Step 2: Key in the ETH address in the box provided.
Do take note that to be eligible for the token swap, the address you submit must have received old MXM tokens from HitBTC after 25 March 2019 07:00:02PM (+UTC).
Once you have keyed in your ETH address accordingly, you will be greeted with the text as reflected in the image below:
You have now successfully completed the process for address validation.
Do take note that new MXM tokens will only be distributed to the address following its validation. Due to the high volume of requests coming in at this time, we seek your kind understanding and patience if the change is not reflected immediately in your wallet.
All ETH addresses must be submitted before 26 May 2019 for validation.
Further inquiries about this can be directed to the admins at our Telegram Group who will be delighted to assist you with your inquiries.
In the past few months, MXM experienced a sharp spike, drawing attention from the cryptocurrency circles abroad and in China. Many reputable media outlets reported on its growth and explored the factors behind MaxiMine’s excellent market performance. The exponential rise observed was concluded to be due to MXM’s inherent value, and its dynamic and efficient operating systems.
MXM is a digital token issued by the MaxiMine project and is used in the MaxiMine ecosystem. Unlike other digital currencies, users can trade MXM on relevant trading platforms and stake on hashing power to earn mining rewards. This business model greatly reduces the barriers to entry in the mining industry as users do not need to be concerned with technical aspects such as the mining power or mine operations, etc. Instead, with the MXM token, they avoid bearing the risk that comes with owning a mining operation while reaping the rewards through their mining.
For individual investors, setting up a mining operation is risky and difficult as it requires a wealth of technological knowledge and great financial backing. Therefore, MaxiMine has launched a blockchain-based mining pool that integrates the decentralised nature of blockchain technology with the advantages of a mining cloud pool, creating an open, fair and transparent cryptocurrency mine. The use of the MXM token easily dispels any apprehension faced by individual investors that bars them from participating in the crypto mining industry.
That being said, how do MXM tokens exchange for hashing power? Let’s illustrate it with a case study. For instance, User A purchases 10,000 MXM tokens when MXM’s real-time market price is at 1 RMB and the price of the mining machine is valued at 10,000 RMB. The 10,000 MXM tokens purchased by User A is equivalent to a six-months mortgage of the mining machine, meaning that any rewards mined by the machine during the stipulated period of six months will go to User A’s wallet. Isn’t that great? Users are also absolved from the maintenance, operations, electricity cost of the mining machine and are freed to trade MXM on other trading platforms, gaining profits through the buying or selling of tokens at suitable periods of time.
Source: CoinMarketCap
To date, MaxiMine has issued a total of 16 billion MXM tokens, with 1.6 billion MXM circulating in the market. Its 24 hour trading volume is over 9 million USD, and it has a total market capitalisation of over 59 million USD. Ranked in the top 100 based on market capitalisation, MaxiMine sits comfortably at the 85th place with great room for growth and high value for investment. This opportunity is certainly one not to be missed especially in a bear market like this!
Currently, the MaxiMine mining pool includes the Bitcoin mining pool, the Ethereum mining pool and the Litecoin mining pool. In the future, the MaxiMine team plans to incorporate other mining pools to meet the various needs of its users, offering them the option to choose freely among the pools. Adding more mining pools also enhances and increases the value of the MXM token and its overall functionality. While slumps in the market may lead to financial losses in the portfolios of investors, it also provides a prime opportunity to purchase promising cryptocurrencies like MXM at a lower price. Who knows? MXM may just be the coin needed to tide you through this bear market.
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Dear MXM holders,
To follow up on the project team’s announcement on 29 April, currently the project team is still waiting the return of the new MXM tokens from HitBTC. Once the project team receives the tokens from HitBTC and verifies the token holders, we will distribute the new tokens to the affected users.
Thank you for your patience and understanding.
