Block height
—
Fair launch
Nobody was handed a single coin.
Not the people who wrote MoonBite, not an investor, not a fund. When the network opened, the supply was zero. It has grown by exactly one route since.
No premine·No presale·No allocation·
RandomX·120 s block·10 MBITE·
Cap ~33,000,000
So if nobody was given any — where did the — MBITE that exist come from?
The proof
Every coin can be traced back to the work that made it.
There is no entry in this ledger that came from anywhere but a solved block. You do not have to take that on faith — the chain is public, the genesis block is the first thing in it, and it paid out nothing to anyone.
—blocks
×10 MBITE
=—
The identity holds, block after block. Watch it increment: both sides move together, because there is no other way for the left side to change.
Check it against your own node
# the first block, and what it paid out moonbite-cli getblockhash 0 moonbite-cli getblock <hash> 2 # every coin that exists, counted from the UTXO set moonbite-cli gettxoutsetinfo
So what does “solving a block” actually cost?
The work
What your computer is actually doing.
It is not “generating” coins, and it is not solving anything useful to anyone else. It is guessing, very fast, at a number that is hard to find and trivial to check.
01
It collects the transactions nobody has written down yet.
Payments waiting to be settled are gathered into a candidate block.
Detail
Mempool assembly. Your node validates each transaction against consensus rules — signatures, inputs, scripts — before it will include it. An invalid transaction costs you the block, so nodes check their own work first.
02
It guesses until a guess is small enough.
Billions of attempts, each one either under the threshold or discarded.
Detail
RandomX hashes the block header and compares it against the target implied by bits. Current difficulty —, retargeting every 60 blocks toward the 120-second interval. RandomX is memory-hard and tuned for general-purpose CPUs, so a desk machine stays viable.
03
When it wins, everyone else checks the work in a millisecond.
Expensive to produce, cheap to verify. That asymmetry is the whole system.
Detail
The solved header propagates and every node re-verifies it independently. The block subsidy of 10 MBITE is paid to the finder and becomes spendable after 100 further blocks — standard coinbase maturity, which protects against reorganisations.
Why would anyone design money that has to be expensive to make?
Why work
Money that is cheap to make is money somebody will make.
Every alternative eventually asks you to trust whoever holds the most of it, or whoever wrote the list of who may vote. Work is the only entry cost that cannot be granted to a friend. You cannot be added to it, and no one can be excluded from it.
MoonBite uses RandomX rather than SHA-256 deliberately. It is memory-hard and built for ordinary processors, so the advantage held by purpose-built hardware is small enough that a normal computer remains competitive. We will not claim more than that: resistance to specialised hardware is a position to be defended, not a property that is ever finally won.
And this costs electricity. That is the mechanism, not a footnote we would rather you skipped. A coin that costs nothing to create is worth precisely what it cost to create.
Is anyone actually running it?
Live network
It is running right now, whether or not you are watching.
Nothing here is a mock-up. These are the numbers this page asked the network for when you opened it.
Total issued
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Difficulty
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Last block
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Chain tip
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No block has arrived for over ten minutes. This reading is stale — we would rather say so than show you a comfortable number.
How much of it is already gone?
Supply
The reward only ever falls.
Ten becomes five, five becomes two and a half, and the arithmetic runs out before the next century does. No vote can raise it, because a chain that raised it is a chain every existing node rejects.
Each step is 1,650,000 blocks — about 6.27 years. Hover a
step for its era.
| Subsidy now | 10 MBITE per block |
| Halving | every 1,650,000 blocks (~6.27 years) |
| Cap | ~33,000,000 MBITE |
| Last subsidy | ≈ 2214, after which blocks are paid by fees alone |
| Mined so far | — of the cap |
If the subsidy ends, what pays for the work then? That is an unsolved question for every fixed-cap chain, MoonBite included — the reasoning is written down in ADR-011 rather than glossed over.
Code
The part that decides is small enough to read.
Most of this codebase is not ours, and should not be. MoonBite Core is a fork of Litecoin Core, which is a fork of Bitcoin Core. The inherited code carries more than a decade of review. What deserves your scrutiny is the delta, so here it is in full.
| Parameter | MoonBite | Inherited from |
|---|---|---|
| Proof of work | RandomX (CPU, memory-hard) | scrypt |
| Block target | 120 s | 150 s |
| Subsidy | 10 MBITE | 50 LTC |
| Halving interval | 1,650,000 blocks | 840,000 |
| Retarget | every 60 blocks | every 2,016 |
| Address prefix | bech32 moon1… | ltc1… |
| P2P port | 9444 | 9333 |
| Wallet derivation | BIP39 → BIP84 m/84'/2'/0'/0/0 | unchanged |
| Third-party audit | None commissioned | — |
We say “no audit” plainly because a badge we cannot defend is worth less than a sentence we can. So what else is unfinished?
Status
Shipped, then not yet shipped.
The first list is verifiable this minute. The second is not, and carries no dates for exactly that reason.
Running now
- Mainnet open since 3 September 2026
- RandomX consensus, 120-second blocks
- Self-custody wallet, 12-word recovery
- Block explorer reading the live chain
- Node software and build instructions, public
- Consensus parameters served at /api/consensus
Not yet
- ○More published seed nodes, and an honest node count
- ○A third-party audit
- ○Reproducible builds
- ○Network hashrate reporting
- ○Exchange listings — not in our gift, and promised nowhere
So how do you hold any of it?
Holding it
Twelve words are the whole account.
No login, no recovery email, and no support desk that can move your coins — which is the same sentence read from both directions. Write the words on paper before you mine anything.
Download the wallet
Generates your twelve words offline. BIP39 and BIP84, so any standard wallet can recover the same addresses.
Get the wallet →Start mining
Point it at your own address and leave it running. Rewards are spendable 100 blocks after you find one.
Start mining →There is no third door. MBITE is not listed on any exchange, has no market price, and may never have one. Nobody can sell it to you today, and anyone offering to is lying to you.
Objections
The questions worth asking.
Is this a scam?
The mechanism of nearly every crypto scam is selling you something. There is
nothing here to buy — no sale, no allocation, no token round. Judge that absence first,
then judge the code, which is linked above in full.
Why mine something with no price?
Because there is no way to acquire it later that does not depend on somebody
choosing to sell. If it never has a price, you spent some electricity on a curiosity.
That is the honest range of outcomes, and we are not going to narrow it for you.
Who is behind it?
The contributors are anonymous by choice. That is a cost as much as a
principle: you get code you can audit instead of names you would have to trust. Any
mining done by the people who built it is disclosed in ADR-006.
Isn't this just a copy of Litecoin?
In large part, yes — deliberately. Consensus code is the worst possible place
to be original, and rewriting it from scratch would make this less safe, not more. Every
parameter that differs is listed in the table above.
What happens if you disappear?
The network does not need this website. Node software, seed addresses and
build instructions are public, and the chain continues for as long as anyone mines it.
That is the test of whether a coin was ever really decentralised.
Will it be listed on an exchange?
Unknown, and not promised anywhere on this site. Listings are decided by
exchanges, not by us, and any page that guarantees one is telling you something it cannot
know.