Speculation Mining | Meow Coin | #1

If you don’t want to read the full article, the video below goes over everything written.

Speculation Series

These articles will be based on a YouTube series where I will be mining a different coin every week and speculating on these coins. The hope for the series is to mine some smaller coins which in the future will go up, we can then track our profits every week and record how the portfolio has changed over time.

Meow Coin

This week’s coin is called Meow Coin, it is new in the space and had its release around 30 days ago. Listed below are the main tokenomics of the coin:

• Block time: 60 seconds
• Block reward: 3000 MEWC
• Max supply: 21 billion
• Mined supply: 254 million
• Market cap: $279,000
• Coin price: $0.00107959

Mining Spreadsheet

This spreadsheet will be updated every week with a new coin and then the previous coin will be updated to show the profit change. as we can see here we mined 775 MEWC. this equally a revenue os $0.95 but a profit of -$3.70. we calculated the power used and thats how I am factoring whether or not we turned a profit on each coin. the next article in the series will include more in depth discussion on how the price of each coins have changed.