Michael john retweeted
Congratulations to @grey_network_ct the Grey Network team on conducting the second halving. However, I’m honestly not impressed with how this was implemented.
I purchased Mine Max, which gave me a mining rate of 5 GREY tokens per hour for 7 days. At the time of the halving, there were less than two days remaining on my Mine Max activation, and I had already mined over 600 GREY tokens.
What I find unfair is that the halving affected not only the basic mining rate and my remaining Mine Max mining rate, but also the tokens I had already mined. My accumulated tokens were reduced as well.
In my opinion, a fairer approach would have been to apply the halving only to the remaining mining period. The tokens already mined should have remained untouched, since they were earned before the halving.
I understand the need to control supply and make mining more difficult over time, but reducing already-earned tokens after users have purchased a mining boost does not feel fair.
Please consider reviewing this implementation and, if possible, rectifying the tokens that were already mined before the halving.
Thank you.
Michael john retweeted
📢 𝗛𝗔𝗟𝗩𝗜𝗡𝗚 𝗜𝗦 𝗡𝗢𝗪 𝗟𝗜𝗩𝗘
The scheduled halving has officially taken effect today, September 1st, 2026.
🔸 Mining Rate: 0.25 GREY/hour
🔸 Signup/Invite Bonus: 25 GREY
The new reward rates are now active across the network.
Thank you for continuing to mine, build, and grow with Grey Network. 🚀
— app.minegrey.com
📢 𝗚𝗥𝗘𝗬 𝗡𝗘𝗧𝗪𝗢𝗥𝗞 𝗛𝗔𝗟𝗩𝗜𝗡𝗚 𝗨𝗣𝗗𝗔𝗧𝗘
Dear Grey Network Community,
We have officially reached and significantly surpassed the 100,000 user milestone. As outlined in our Tokenomics and Halving Schedule, reaching 100K users activates the next stage of our automated mining reward mechanism.
The 100K milestone was reached some time ago, but the halving did not take effect immediately due to several system upgrades and infrastructure improvements being carried out at the time to continuously serve our esteemed community better. During this period, the existing mining rate remained active while these upgrades were being implemented and finalized.
With the necessary improvements now in place, the 100K halving will take effect on September 1st, 2026, in accordance with the established halving mechanism and published schedule.
✅ Base Mining Rate: 0.5 GREY/hour → 0.25 GREY/hour
✅ Signup/Invite Bonus: 50 GREY → 25 GREY
Both rewards will be reduced by 50%, as defined by the Grey Network halving mechanism.
Thank you for continuing to mine, build, and grow with Grey Network.
The future is GREY NETWORK.
The Power is COMMUNITY. 🧡
— app.minegrey.com
Michael john retweeted
“On August 20, 2026, a Nigeria Police officer in Abuja extorted ₦40,000 from me despite checking my documents and confirming that everything was complete. Look at the receipt in this video and our conversation after I returned to that particular checkpoint.”
—Man speaks out, accusing Nigeria Police officers in Abuja of extorting ₦40,000 from him despite having complete documents.
Michael john retweeted
📢 𝗚𝗥𝗘𝗬 𝗡𝗘𝗧𝗪𝗢𝗥𝗞 𝗘𝗖𝗢𝗦𝗬𝗦𝗧𝗘𝗠 𝗨𝗣𝗗𝗔𝗧𝗘
Dear Grey Network Community,
As part of our commitment to developing real world utilities around $GREY, we are pleased to share an update on one of the core ecosystem utilities currently under development: the Grey Network Marketplace.
A few days ago, we introduced the Marketplace button inside the Grey Network mining app, giving our community a first look at one of the utilities we are actively building. The Marketplace, also accessible at market.minegrey.com, is part of our broader vision to create practical use cases for $GREY and establish an ecosystem where the coin serves a genuine purpose beyond mining.
🛒 𝗦𝗛𝗢𝗣𝗣𝗜𝗡𝗚, 𝗠𝗘𝗥𝗖𝗛𝗔𝗡𝗧𝗦 & 𝗥𝗘𝗚𝗜𝗢𝗡𝗔𝗟 𝗖𝗢𝗠𝗠𝗘𝗥𝗖𝗘
The Grey Network Marketplace will allow users to shop for goods from participating merchants, pay with $GREY, and have their purchases delivered to their location. Through our Merchant Program, verified businesses will be able to register their stores and upload products for buyers to discover and purchase.
The Marketplace will initially support regional commerce, connecting buyers with merchants within or close to their region. As the merchant network grows, our goal is to expand beyond regional commerce into a global marketplace where users can purchase goods from merchants around the world and have them delivered to their locations.
💰 $𝗚𝗥𝗘𝗬 𝗔𝗦 𝗔 𝗠𝗘𝗔𝗡𝗦 𝗢𝗙 𝗣𝗔𝗬𝗠𝗘𝗡𝗧
At the heart of the Marketplace is $GREY as the means of payment. Goods and services offered through the platform will be purchased using $GREY, giving the coin a direct and practical function within the ecosystem. Merchants joining the Merchant Program will be required to accept $GREY and comply with applicable Marketplace policies covering product standards, merchant conduct, pricing, transactions, fulfilment, delivery and the applicable $GREY valuation.
The USD value of $GREY referenced within the Marketplace represents the estimated value being considered by Grey Network for the coin. While this remains subject to confirmation as development progresses, merchants participating in the Marketplace will be required to recognise and comply with the applicable $GREY value established by Grey Network.
Users will always have the freedom to use their $GREY as they choose, including trading or selling it elsewhere. Our goal is to build an ecosystem where $GREY has practical utility and can be used to access real goods, services and other utilities.
🚧 𝗖𝗨𝗥𝗥𝗘𝗡𝗧 𝗗𝗘𝗩𝗘𝗟𝗢𝗣𝗠𝗘𝗡𝗧 𝗦𝗧𝗔𝗧𝗨𝗦
The Grey Network Marketplace is currently under active development. The products, prices, checkout actions, wallet interactions and other elements currently visible are part of the development version and should not be interpreted as live commercial transactions. No real world funds or physical product deliveries are currently being processed through the platform.
🛠️ 𝗢𝗡𝗘 𝗢𝗙 𝗠𝗔𝗡𝗬 𝗚𝗥𝗘𝗬 𝗡𝗘𝗧𝗪𝗢𝗥𝗞 𝗨𝗧𝗜𝗟𝗜𝗧𝗜𝗘𝗦
The Marketplace is one of many utilities planned for the Grey Network ecosystem and an important step toward our broader vision. Mining is only one part of that journey. We are building an ecosystem where $GREY is supported by genuine utility and can be used across products, services and utilities built around Grey Network.
We are building a place where $GREY can have a purpose.
More details about the Marketplace, Merchant Program, launch timeline and other ecosystem utilities will be shared as development progresses through our official roadmap.
Thank you for continuing to build with us.
The future is GREY NETWORK.
The Power is COMMUNITY. 🧡
— app.minegrey.com
Michael john retweeted
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