Merit - Invite Only Blockchain that Anyone Can Mine

in mining •  5 months ago

Lately on my discord group i made one of Steemit users to ,mine for first time in his life and this made me understand how many people still never did that. The coin/project i want to mention is prolly the easiest way to start.

Im not saying you will make millions but at least you will try and maybe learn something.

So there is project Merit which is unique because even if you generate wallet you wont be able to receive anything or mine until someone lets you "in" to the network. So its invite based.

Invites cost right now around 3 MRT if you wanted to buy them, but im going to let in everyone that applies.

If you are a pro all you need is and wait for me to approve (you will see first transaction saying "unlocked") if you are not here is how to start:

  • Go by the link and register, write down this 12 words as this is your password.
  • After registration you will end up in web wallet (in the browser).
  • Wait till you see me unlocking you
  • Download proper light wallet
  • Click "i already have account and know what im doing" or something like this and paste 12 words
  • Go to Mining tab, use the slider for cores and mine

If you are more skilled theres minerd versions to compile and/or use.

Price? Currently goes OTC at around 30k satoshis but no exchange so fulyl under the radar.

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i will mine this


Me too!

Interesting toy to play with, where mining is also growing the network. I will keep an eye on that one to eventually convince those guys to utilize SMTs for their goals :-)


cool idea @kingscrown actually. appreciate it ... You have received a 70.00% upvote from @nageshwar0369 courtesy of @kingscrown cheers :)

Interesting idea: invite only blockchain.

Hope , I will get mining experience. How much can I earn per day?
Thanks for sharing.

I just set up an account. Thanks, I am interested in seeing how this pans out.

Great stuff, thanks for this!


Thanks for your guidance but do u think video on same will be more helpful. Thanks

Thank you for sharing it, i have an ooold Pc and a really slow inet connection but i would like to mine something, i am one of those that had not mined nothing yet, so is is much appreciated xD

finally MRT getting the attn it deserves!

You got a 23.97% upvote from @emperorofnaps courtesy of @kingscrown!

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Thanks for sharing to @kingscrown I will mine later.

I will also participate

I already register with the link you have provided in these post sir @kingscrown. Thanking you in advanced for the invite and approval.

sir @kingscrown.have registered at and is awaiting your invite.thanks.

You got a 20.23% upvote from @postpromoter courtesy of @kingscrown!

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I will give mining this coin a trial

thanks for this valuble article