If you received a Genesis Address with 300,000 MNEC from the CELO airdrop, You can upgrade your address to start mining.
When you activate your Genesis Address to Level 2 or Level 3 the Smart Contract Self Mining Process starts
If you don't own a Genesis Address you can buy them in the Minereum CELO Web3 Genesis Address DEX Platform, all purchased Genesis Addresses in the DEX platform will be automatically converted to Level 3
To mine Minereum there is No mining Equipment required, no hashrate, no electricity costs, no need to be online, no complications! Your coins are mined by a mathematical formula at a fixed rate of 0.00025 MNEC per CELO block. The CELO Miners do all the work for you.
There are about 16000 CELO blocks mined per day, you receive per Genesis Address about 4 MNEC per day
Your coins will be mined for 1,166,783,216 Celo Network Blocks
You can always get more Genesis Addresses in the Minereum CELO Web3 Platform Genesis Address Trading, the more Genesis Addresses you have, the more you mine!
Comparing Minereum CELO Self-Mining with other Mining coins