This is in the pinned messages, posted by Kaks: To stop the pre-mined Pirate Chain FUD, The project is fairly launched on 29th august on 2018, the mining reward at that time was 256 ARRR per block, calculating the mining reward in 9 months(which is the halving happens) will be 256*60*24*30*9 = 99,532,800 so how pirate mined almost 186,624,000 in 3 years 256 (ARRR) *60 (minutes in hours) *24 (hours in a day) *30 (days per month) *9 (halving date) = 99,532,800 128 (ARRR) *60 (minutes in hours) *24 (hours in a day) *30 (days per month) *9 (halving date) = 49,766,400 64 (ARRR) *60 (minutes in hours) *24 (hours in a day) *30 (days per month) *9 (halving date) = 24,883,200 32 (ARRR) *60 (minutes in hours) *24 (hours in a day) *30 (days per month) *9 (halving date) = 12,441,600 = ~186,624,000 https://pirate.black/mining/
You should ask them what the problem is with that
You are welcome! 😄
He says 1% is owner of most of the coins
So the distribution is fucked up
what do you mean?
1% of Pirate holders owns 90% of Pirate chain
how you can tell that and there is no information that approving it, so stop the fud
How do you know that im 1 of that 1% ? 😁
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