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A comment on Mainnet Merge Announcement. Parent comment

Re:Mainnet Merge Announcement by Anunayj on Wednesday August 24, 2022 @10:59AM (#32580317)
Oh, I was a bit unclear there. The 9.9% was of the total money that was raised in the ICO (60m) and ended up being ~5.9m.

The total initial premine was 72m (~59% of today's supply).

I think someone more knowledgeable might provide a better breakdown of those funds, except that the article(s) linked covers it a lot better than my comment.

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Re:Mainnet Merge Announcement by gnramires on Wednesday August 24, 2022 @08:00PM (#32587536)
Since this "premine" (the 59%) was really a token sale, I don't think it's too problematic (mining is buying tokens with electricity/hardware).
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