FAQ

Frequenty asked questions

What is MH? Hash rate is defined as the number of hash operations done in a given amount of time. When hashing, a computer takes any set of information and turns it into letters and numbers of a certain specific length, known as a “hash”. Global Hash Rate happens to be the combined hash speed of every computer in the network. Hash rate is calculated at hashes per second (h/s).

  • 1 mega hash (MH) per second is one million (1,000,000) hashes per second.

What if the price drops? For prices to drop, holders need to sell the token. So, if the price drops it means that there will be fewer people to distribute all the mined Ethereum, so you will get a higher return than you had imagined at the beginning! If you think about it, the best thing that can happen to you is that someone sells their currency because now that person will not receive their ETH and there will be more to distribute among all of the current holders. If you are mining for the long term you will always win regardless of the price of the coin!

What if profitability drops? If profitability drops it is because the price rises and then your TMT token will be more valued than before! This means that the TMT (which is equivalent to one MH) is more valued and people are willing to pay more for the profitability received in Ethereum.

Why Binance Smart Chain (BEP-20) and not ETH (ERC -20) Network? At TMT we seek to minimize the greatest amount of costs to deliver the highest possible profitability to the investor. Each of the transactions made in the BSC has fewer commissions than the Ethereum network, that is why our token is made on this network. If we think about it, the processing power of our miner does not depend on the network that we use to deliver the tokens since this is only a means for us to obtain our Ethereums at the end of the day.

Is TMT a utility token? Yes, TMT is a utility token. A utility token is a digital cryptocurrency token that is issued in order to fund development and that can be later used to purchase a good or service offered by the issuer of the cryptocurrency. TMT is also mining-backed, so profitability and rewards are provided through mining.

Last updated