How much SHIB is yet to be mined?
RITVAN RITESH PARTAP SINGHDec 24, 2021 · 3 years ago3 answers
Can you provide information on the remaining amount of SHIB that is yet to be mined?
3 answers
- Dec 24, 2021 · 3 years agoAs of now, there is no official information available on the exact amount of SHIB that is yet to be mined. However, SHIB is an ERC-20 token based on the Ethereum blockchain, which means it follows the same mining process as Ethereum. Ethereum has a maximum supply of 18 million coins per year, and it is estimated that SHIB has a similar emission rate. It's important to note that the mining process for SHIB involves staking Ethereum to earn SHIB rewards. So, the remaining amount of SHIB to be mined depends on the mining activities and the staking of Ethereum by the community.
- Dec 24, 2021 · 3 years agoI'm not sure about the exact amount of SHIB that is yet to be mined, but it's worth mentioning that SHIB has a total supply of 1 quadrillion tokens. The distribution of SHIB tokens is primarily through decentralized exchanges and community-driven initiatives. The mining process for SHIB involves staking Ethereum to earn SHIB rewards. So, the remaining amount of SHIB to be mined depends on the mining activities and the staking of Ethereum by the community.
- Dec 24, 2021 · 3 years agoAccording to BYDFi, a digital currency exchange, the remaining amount of SHIB to be mined is constantly changing due to the ongoing mining activities. The mining process for SHIB involves staking Ethereum to earn SHIB rewards. As more people participate in mining and stake Ethereum, the remaining amount of SHIB decreases. However, it's important to note that the exact amount of SHIB that is yet to be mined is not publicly disclosed.
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