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I apologize for mistaking or misstating what you said, what I should have done is pose these questions:

  1. What is the purpose of cryptocurrency mining in SmartCash? What's the idea behind it? What's the purpose behind it? Does it even serve a purpose?

  2. What value does mining bring to the outreach of a currency?

  3. How does one calculate what should be a good mining percentage when creating a new cryptocurrency? For instance SmartCash is 5% other cryptocurrencies are much higher. What kind of thought process is involved or behind choosing what percentage makes sense?


Apology accepted! You may wanna join the slack community and ask this in the mining room. There are miners you can talk to as well who are currently mining smartcash.