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APT Mining Bot is a mechanism where users can mine APTM by participating in the ecosystem through purchasing a membership and receiving rewards based on a fixed reward per block considering halving mechanics.
Mining is essential in cryptocurrency as it secures networks, validates transactions, and ensures decentralization. By solving complex mathematical problems, miners add new blocks to the blockchain, maintaining its integrity while creating new a transaction on the blocks as a reward. This process underpins the trust and functionality of cryptocurrencies like Bitcoin.
Apertum’s virtual mining protocol eliminates the need for physical hardware, offering asustainable, inclusive way to validate transactions. The mining process features a halvingmechanism, where rewards decrease by half after every 125 million blocks, promoting controlledtoken distribution and long-term sustainability.
Key attributes:
APTM in Numbers:
Total APTM to be mined is 2 Billion
Total APTM allocated to APT Foundation is 100 Million
Total APTM supply is 2.1 Billion.
APT Mining:
Halving
*All Examples and Explanations included in this white-paper only show the Halvings up to Halving 4.
*The Halvings do continue past Halving 4, and can be calculated by readers, using the calculations shared in this white-paper
*The calculations do not include up to 50% of the transactions fees which will be shared with miners, from the Halving 1 epoch onwards, specifically from block 125 000 001 onwards.
This halving mechanism distributes a total of 2 billion APTM through mining, with reward shalved every 125 million blocks. (+/- every 4 years)
An additional 100 million APTM is pre-minted and allocated to the APTM Foundation, making the total supply 2.1 billion APTM.
General Formula:
Variables:
• RbR_bRb: Reward per block (APTM).
• BBB: Total blocks (125 million).
• PtotalP_{total}Ptotal: Total products price in USD.
• APTMrateAPTM_{rate}APTMrate: Conversion rate of APTM per USD (Rb/PtotalR_b / P_{total}Rb/Ptotal).
• TAPTT_{APTM}TAPTM: Total APTM rewarded in the halving (Rb×BR_b \times BRb×B)
Key Equations:
1. APTM/$ Conversion Rate:
APTMrate = RbPtotalAPTM_{rate} = \frac{R_b}{P_{total}}APTMrate = PtotalRb
2. APTM Reward for a Product Price:
For a product priced at PPP (USD): APTMproduct = APTMrate×PAPTM_{product} = APTM_{rate} \times PAPTMproduct = APTMrate×P
3. Total APTM Rewarded:
TAPTM = Rb×BT_{APTM} = R_b \times BTAPTM = Rb×B
4. Total APTM/block:
TotalAPTM/block = APTMrate×PtotalTotal_{APTM/block} = APTM_{rate} \times P_{total}TotalAPTM/block = APTMrate×Ptotal
Example for a 50 USDT Membership APTM Mining Bot
Halving #0:
• Reward per Block (RbR_bRb): 8 APTM.
• Total Blocks (BBB): 125,000,000.
• Total Product Price (PtotalP_{total}Ptotal): 17,550 USD.
Calculations:
Halving #0:
• APTMrate =817,550 = 0.000455840455840456APTM_{rate} = \frac{8}{17,550} = 0.000455840455840456APTMrate = 17,5508 = 0.000455840455840456
• For a $50 product:
APTMproduct = 0.000455840455840456×50 = 0.0227920227920228APTM_{product} = 0.000455840455840456 \times 50 = 0.0227920227920228APTMproduct = 0.000455840455840456×50 = 0.0227920227920228
• Total APTM Rewarded (TAPTMT_{APTM}TAPTM): 8×125,000,000 = 1,000,000,0008 \times125,000,000 = 1,000,000,0008×125,000,000 = 1,000,000,000 APTM.
• Total APTM/block: TotalAPTM/block = 0.000455840455840456×17,550 = 8Total_{APTM/block} = 0.000455840455840456 \times 17,550 = 8TotalAPTM/block = 0.000455840455840456×17,550 = 8.
