How To Mine Accelerator Tokens (ACC)

in #acceleratortokens7 years ago (edited)

The best of Accelerator Token is its ability to mine itself. You will be rewarded based on how long you hold Accelerator Tokens and how many Accelerator Tokens you have. This is called proof-of-stake because you are staking Accelerator Tokens by just holding on to them and then getting rewarded for that.

There are a couple of rules you must follow before mining Accelerator Tokens.

-Accelerator Tokens do not mine on their own. You must follow the procedure stated in step1 to 2.

-You must hold Accelerator Tokens a minimum of 3 days before you can mine them.

-To save GAS you can wait to mine Accelerator Tokens for up to 90 days. Anything after 90 days will produce the same results as if you mined on the 90th day of holding Accelerator Tokens.

-You can continue to mine every 3 to 90 days until the Accelerator Token has reached its maximum total supply of 10 million.

-You will need to spend a small amount of Ether on GAS every time you want to Mine Accelerator Tokens. This will be approximately 20 – 80 cents in Ether.

Make sure that your account which holds the Accelerator Tokens has some Ether in it.

To mine, send any amount of Accelerator Tokens to yourself. Sending tokens is accomplished by copying your address and pasting in the “To Address” field.

Next click the “Load Token Balances” to display your Accelerator ACC Tokens. If your ACC tokens do not show up, go back to step 6 in the previous section and add the ACC token balance information to MyEtherWallet.

Select ACC from the dropdown

Put any amount (less than your ACC token balance) in the “Amount to Send”

[ex: 0.0000001] and click “Generate Transaction” and then click “Send Transaction”.

Next time you open your Ethereum wallet you will see your Accelerator Token balance has grown.

Congratulations! You have successfully mined some new Accelerator Tokens. Here are the returns you should expect to receive.

Now that you have created some new Accelerator Tokens through mining, you might want to spend them.

Accelerator Tokens are backed by a physical asset called the Accelerator Network. The Accelerator Network is a cloud based super computer. Token holders can spend their Accelerator Tokens for services offered by the Accelerator Network.

You can setup your account here to spend ACC Token: http://accelerator.network/140.html

etherdelta - https://etherdelta.com/#ACC-ETH

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I'm trying to find out what amount of ACC to send to my MEW address. Can I send the whole amount at once or just a miniscule amount. Is there a benefit to sending a higher amount?

I prefer airdrops. Fast and easy: https://crypto-airdrops.de

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