bitcoinRHON ROBINHOOD CHAIN
Token not deployed yet

Questions

FAQ

Why call it "mining" if you pay?

There's no proof-of-work mining like on Bitcoin. Here, mining is the action that brings new coins into existence: until someone mines, they don't exist. The price follows a fixed public schedule, the same for everyone.

Why does the price go up?

To reward early miners and spread the distribution over time. The price rises by one cent every 100 mines, never more, never less.

What happens once 21 million are mined?

The contract rejects any new mine. Supply is locked at 21,000,000 BTCRH and nobody, not even the creator, can create more. Once mining is complete, we will open a marketplace where holders can buy and sell BTCRH.

Is there a limit?

One mining can include up to 100 mines, which is 100,000 BTCRH in a single transaction. There is no limit per wallet: you can mine again as many times as you like, as long as supply remains.

Do I need to sign each mine?

No. You choose how many mines you want, up to 100, and confirm one single transaction. The contract mints all your batches at once and charges the exact price of every step crossed.

What do I pay with?

ETH, on Robinhood Chain only. Prices are set in US dollars and converted to ETH at the live ETH/USD rate when you mine. ETH on other networks, like Ethereum mainnet or Arbitrum One, is not accepted: bridge it to Robinhood Chain first. Transaction gas is also paid in ETH.

Will I make money?

Nobody can promise that. A coin can end up worth less than you paid, or nothing at all. Only mine what you can afford to lose.