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About VirtualMining Coin
Although 'VMC' was the ticker assigned at the deployment of the VirtualMining Coin Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'VIRTUALMINING' has been adopted for this token. This designation ensures that assets are distinctly identified.
VirtualMiningCoin (VMC) is a scrypt-n adaptive altcoin that has a maximum coin supply of 100 million VMC. The block reward is fixed at 171VMC and the block time at sixty seconds. The difficulty retargets every five minutes and 2% of the coin supply is dedicated to maintenace and development, whilst the larger 8% is distributed amonsgt those involved in the book build or IPO.
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