ORV, Hashrate, Mining & DAO

What is the Ormeus Reserve Vault (ORV)?
Whereas FIAT Currency is no longer backed by Gold, it is susceptible to the economic stability of its issuing authority (most often governments). Ormeus...
Wed, Nov 7, 2018 at 1:44 PM
What is a DAO and why is it beneficial?
The Reserve Vault (ORV) is being upgraded to act as a Decentralized Autonomous Organization, (DAO), and what that means is that Ormeus will hard-code certai...
Tue, Jul 17, 2018 at 2:02 AM
Is the plan to have the ORV become a DAO still in place? If so, is there a rough timeline of when that might happen?
Yes, the plan is still in place for ORV to become a DAO. The current expectation is Q2 2020.
Mon, Sep 16, 2019 at 5:47 AM
What are Smart Contracts?
Smart contracts will provide complete transparency, when money comes into the company, people will be able to see the different amounts of money that go to ...
Tue, Jul 17, 2018 at 2:04 AM
Is the Ormeus Reserve Vault (ORV) transparent? Can I watch transfers?
Yes! ORV is totally transparent. You can see all activity in our Vault at: https://orv.ormeuscoin.com/
Tue, Jul 17, 2018 at 1:30 AM
What is Ormeus Coin's (ORME) Mining Capacity?
This will be announced once we have an update available.
Tue, Jan 29, 2019 at 12:24 PM
Why doesn’t the ORV reflect the market cap showing in Coinmarketcap?
The richlist will be done soon and the circulating supply was requested to be updated by Q4.
Wed, Sep 5, 2018 at 9:33 AM
Can you still use the current mining equipment, or do you need to buy new updated equipment in order to mine?
Our current mining equipment is still relevant, and we have at least 3 1/2 years life left with our current mining equipment.
Sat, Aug 24, 2019 at 3:15 AM
Why are the deposits to ORV getting less and less?
Update To Be Announced
Tue, Jan 29, 2019 at 12:58 PM
When is Ormeus going to switch to their own mining pool?
This is still in the works and no ETA at this stage.
Sat, Feb 2, 2019 at 10:08 AM