MinexCoin icon MinexCoin (MNX)
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add active $0.09  on  Sep 20, 2019 


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Overview of MinexCoin

MinexCoin was released in 10 November 2017 with Boris Shulyaev as its CEO and Founder. MinexCoin is a payment system which aims to have low volatility as a coin and since it will have stable exchange rate, it is a considerable way of payment. DigixDAO stays behind every DGX token with the same amount of gold kept in Singapore vault. Because of that, token’s price is related with the price of gold. MinexCoin uses proof of work to create new coins. It has a block creation time of 3 minutes in average and block size of 1MB. Each block gives the miner 2.5 coins as reward. It can handle up to 8 transactions per second.

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