How ‘Football Goal Coin’ Mining Works
How ‘Football Goal Coin’ Mining Works
Democratic Mining On Any Device
The mining process of Football Goal Coin operates a newly devised and previously unseen consensus protocol which uses accurate data from professional football games to record goals. This new mining protocol is exclusive only to Football Goal Coin and is a first in the industry.
No expensive mining rigs or computers are required to mine FGC. Anybody and everybody can mine FGC on their device while connected to the internet. This new mining protocol is designed to level the playing field for all users and ensures equal accessibility for all.
Newly Mined Coin Distribution
A fragment of an FGC is called a ‘net’ and there are 100,000 nets in every whole FGC. A newly mined FGC is shared as follows;
-Miners – 48% – Those who correctly participate in the mining of each respective FGC.
-Hosts – 48 % – Those who host the blockchain (randomly selected).
-The Committee – 4% – Those who update, maintain and expand the FGC System.
Mining Gas Fee
To mine FGC you must first have a small nominal amount of FGC in your wallet to pay the mining gas fee. The charge is used to pay for operational costs. New users are given some free FGC to pay for mining, which acts like credits and thus cannot be sold or transferred for any other purpose. Users can easily buy more FGC from the exchange or escrow to add to their wallet before mining.
