“Mining With No Special Equipment”: Token Uses Bitcoin Principles on Ethereum Blockchain
The developers of a token with the slogan “No ICO – No Pre-mine – No Bullsh*t” say it allows users to mine the coin without any mining equipment required, simulating Bitcoin mining mechanism on the Ethereum blockchain. Bitcoinereum, a ERC-20 token created in 2017, is called by its developers the “first Bitcoin minable ERC-20 token on the Ethereum Blockchain.”