| Year | THA Coin Mined | Hashrate added max | Supply total | Hashrate total |
|---|---|---|---|---|
| 06/25 - 06/26 | 2,628,000 | 26.28 Mh/s | 2,628,000 | 26.28 Mh/S |
| 06/26 - 06/27 | 2,628,000 | 26.28 Mh/s | 5,256,000 | 52.56 Mh/S |
| 06/27 - 06/28 | 2,628,000 | 26.28 Mh/s | 7,884,000 | 78.84 Mh/S |
| 06/28 - 06/29 | 2,628,000 | 26.28 Mh/s | 10,512,000 | 105.12 Mh/s |
| 05/29 - 05/30 | 1,314,000 | 13.14 Mh/s | 11,826,000 | 118.26 Mh/s |
| 06/30 - 06/31 | 1,314,000 | 13.14 Mh/s | 13,140,000 | 131.40 Mh/s |
| 06/31 - 06/32 | 1,314,000 | 13.14 Mh/s | 14,454,000 | 144.54 Mh/s |
| 06/32 - 06/33 | 1,314,000 | 13.14 Mh/s | 15,768,000 | 157.68 Mh/s |
TOTAL OFFER AND CREATION IS SAME AS BTC. 21 Millions.
What Does This Table Teach Us?
Controlled Hashrate Progression: The managed progression of the hashrate prevents excessive dilution of returns for existing users and allows new users to enter at a manageable hashrate level. This avoids discouragement from unrealistically high entry barriers in mining competition.
Preventing Whale Dominance: With controlled hashrate growth, rapid accumulation by potential “whales” who could control 50% of the network is effectively curtailed. It would take an original investor over 80 years to potentially reach 50% of the hashrate, and that’s with minimal reinvestment from others (around 20-30% of THA reinvested in hashrate). With an average reinvestment rate of 60%, reaching this level of control could take hundreds of years.
Encouraging Block Production: Despite the managed hashrate, block production remains as encouraging as seen with Bitcoin, maintaining enthusiasm and profitability for miners.
Impact of Reinvestment: With about 60% of mined coins being reinvested back into hashrate (similar to what is seen with Solana), the growth of the hashrate is even slower, promoting stability within the network.
First Year Hashrate Equivalence: By the end of the first year, the hashrate of 26 MH/s equates to that of 10 Intel i7 cores. This illustrates that the energy consumption is minimal and the computing power required is very low, allowing even less developed countries to mine using older, low-cost computers—a significant step towards equity and equality.
Electricity Cost: The negligible electricity cost (18 kWh by the end of the first year) eliminates disparities among miners regarding energy expenses, leveling the playing field across geographical and economic divides.
Advancing Equity and Balance: As you can see, the advances in terms of equity and balance among new and old users, geographical locations, and economic statuses are highly refined, promoting a truly equitable and balanced participation in the THA ecosystem.
Pre-mining Details
For THA, a total of 255,000 THA coins have been pre-mined prior to the public launch. This allocation is divided between ecosystem support and investor backing in the following manner:
Ecosystem Support (67%): 171,000 THA are earmarked for various activities that bolster the ecosystem. This substantial allocation demonstrates our commitment to ensuring a robust and thriving environment for THA. The designated wallet address for these funds is
1MkwuMMbEqVxdPf4aq4qLxcsasAZiLKMVT. To maintain transparency and community engagement, a dedicated page will be set up along with a community consultation system. This will allow THA holders to have a say in how these funds are utilized. By default, these coins are intended for listing fees, promotional activities, and providing liquidity on exchanges.Investor Allocation (33%): 84,000 THA are allocated to the investors who have supported the project from its inception ( 0,4%, ETH, 29% KAS, was 60%, SEDRA 20%, SOL 32M ) . The investor’s wallet address is
13FoL25J8fvTzYRa3x2v3sk8SV4W1o21ty. To align the interests of investors with the long-term goals of the project and to stabilize the initial market, these tokens will be subject to specific restrictions:- Sales Lock: The tokens are locked from sale for 12 months post-launch. This lock-up period helps prevent immediate sell-offs that could adversely affect the token price.
- Creation of UTXO Lock: For 6 months, these tokens cannot be used to create UTXOs and therefore cannot be used for mining. Utxo creation will be released after the first 6 months ( that will be the same % of hashrate than 2 subscriber of the inital airdrop ). This measure ensures that the mining field remains level and that investors do not gain an undue advantage in the early stages of the network’s operation.
Community-Driven Usage of Ecosystem Funds
The dedicated page for ecosystem funds will not only provide transparency but also enable community members to propose and vote on initiatives such as new partnerships, community events, and additional exchange listings. This approach ensures that the deployment of the ecosystem funds aligns with the community’s interests and the strategic objectives of THA.
The rationale behind these tokenomics is to foster a stable and gradually maturing marketplace that supports both the growth of the THA ecosystem and the interests of its early supporters. By carefully balancing the release and utilization of pre-mined tokens, THA aims to achieve sustainable growth and long-term viability.
This detailed tokenomic strategy underlines THA’s commitment to transparency, community involvement.
Small word of investors :
A Few Words on Premine
When it comes to premining, there is often a gray area in the blockchain community. Some projects claim there is no premine, yet they allow the founding team to mine exclusively for the first month or two—a practice we consider indistinguishable from premining. At THA Chain, we’ve chosen the path of transparency and respect for our community. We believe in not treating people like fools.
We could have opted not to premine and relied solely on the goodwill of the community for listings and promotions. However, as we’ve mentioned before—and we know this is a common claim—this time, we genuinely believe our coin has the potential to be a game changer that could trigger mass adoption. We didn’t want to miss this opportunity to make a significant impact and maintain the utmost honesty.
We fully understand and respect those who may critique this approach. Everyone is free to embark on a similar venture, using their own resources and time, and without a premine. At THA Chain, we aim to foster a culture of openness and integrity, ensuring all our actions align with our mission to advance the blockchain industry in a fair and transparent manner.