💰Mining
The BlockMap NFT collection allows mining of $BMAP.
Mining with BlockMap NFT is simple, inexpensive, and secure, as there is no need to expose your ownership to any risk or lock it in smart contracts for mining. For the reward after mining, it is sufficient to hold the BlockMap NFT in your wallet. There are no transaction fees or security risks. You can claim your reward at any time without any locking, time limit, or penalty.
The quantity of mined $BMAP is determined by the product of the NFT's power property and the time elapsed since the last movement on the NFT blockchain, divided by the ratio of the time since mining initiation on the given network.
The larger the NFT's power property, the more $BMAP can be mined with it.
The quantity of $BMAP is calculated as follows:
p = NFT's power property
b = Bonus
day = Time since the launch of mining
txb = Transaction bonus
Bonus
The bonus value ranges from a maximum of 360 to a minimum of 1. The bonus value decreases every day with the number of days passed since the start of mining.
The initial value of the bonus is 360.
After starting the mining, we decrease the bonus value by "day" units. The value can never be less than one.
The expected evolution of mining in the first year.
If the reward of $BMAP is not claimed before the movement, then there will be no possibility to claim it retroactively; therefore, before selling or transferring their NFT to another address, request the $BMAP. $BMAPs that are not claimed will not be created on the blockchain and thus cannot be circulated.
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