Token Sales Update

Private Sale Ended

English | Indonesia

Hello Honest Miners!

We are proud to announce that Honest Token (HNST) Private Placement has been completed. Total 56 million HNST were sold between October-December 2018. We would like to thank our believer & the community for the never-ending support & the patient working through this process with us. Welcome to Honest Mining, the future of cryptocurrency mining.

Private Placement Only Model

True to our name, the Honest Mining team is committed to conduct a fair & honest token sale. After analyzing the market, we decided to be different and move away from the popular public token sale model. We focused on on-boarding select number of investors who really believe in the product through a private placement. 

Our private placement also adopted a slightly different strategy than some other projects:

Flat Pricing Policy

Some projects provide different pricing based on investment size or timing, while we offer all investors equal pricing. Different pricing strategy is desirable for some investors because it allows investors to gain quick short-term gain. We believe that a good product takes time to build, and short-term price strategy will not benefit our long-term investor.

Hard Vesting Policy

We want to attract the right type of investors who believe in our long-term product vision. As utility token, we believe that our market cap will grow together with the real utilization. This is not an instant process, so we have put 6-month vesting distribution policy that starts from the product launching date.

We have received tremendous support & commitments from a different type of investors. By mid-November, we have met more than our expected raised ETH amount. We also received over 400 whitelist applicants from different part of the world. The cryptocurrency bear market was on full effect until late December, and we met many investors who were forced to pull out from crypto completely. What’s left are investors who truly believe in the company that we are building.

What’s Next

On behalf of the entire Honest Mining team, we thank you for your continuous support. Right now we have open the pre-registration program where you can reserve your username. If you have not done it, please go ahead and visit our website. As scheduled, the team will move forward with the project soft-launch before the end of 1st Quarter of 2019.  We are also working hard to get HNST listed on exchanges.

Stay in touch with Honest Mining by:

Kabar Terbaru Penjualan Token

Halo Honest Miners!

Kami, Honest Mining mengumumkan bahwa penjualan token (HNST) yang dilakukan secara tertutup telah berakhir dengan total token yang terjual sebanyak 56 juta HNST pada  periode Oktober – Desember 2018. Kami ingin mengucapkan banyak terima kasih kepada komunitas atas kepercayaan, dukungan, dan kesabarannya selama proses ini. Selamat Datang di Honest Mining, masa depan cryptocurrency mining.

Metode Penjualan Tertutup

Sesuai dengan nama dan visi kami, tim Honest Mining berkomitmen untuk melakukan penjualan token dengan cara yang terbaik. Setelah menganalisa  pasar, kami memutuskan untuk menggunakan cara yang berbeda, kami fokus pada investor yang benar-benar mempercayai produk kami melalui penempatan pribadi.

Sehingga kami berharap hal tersebut dapat memberikan dampak positif jangka panjang bagi keberlangsungan proyek Honest Mining dan tentunya bagi investor.

Penjualan kami mengadopsi strategi yang sedikit berbeda dari beberapa proyek lain, berikut lebih jelasnya:

Kebijakan Harga Tetap

Kebanyakan proyek memberikan harga yang berbeda berdasarkan ukuran atau waktu investasi, sementara kami menawarkan kepada semua investor harga yang sama. Menurut  analisa kami, strategi penetapan harga berbeda memang diinginkan oleh beberapa investor karena hal itu memungkinkan investor untuk mendapatkan keuntungan jangka pendek dengan cepat. Kami  percaya bahwa produk yang baik membutuhkan waktu untuk pengembangan, untuk itulah kami memilih strategi ini untuk keberlangsungan jangka panjang proyek kami, juga untuk terus menjalin hubungan kerjasama yang baik dengan investor Honest Mining.

Kebijakan Hard Vesting

Honest Mining  tertarik kepada investor yang percaya pada visi jangka panjang produk kami. Sebagai token utilitas, kami percaya bahwa kapitalisasi pasar kami akan tumbuh seiring dengan perkembangan  produk l kami. Pastinya ini bukan proses yang instan, untuk itulah kami menerapkan kebijakan distribusi Hard Vesting selama 6 bulan yang dimulai saat peluncuran produk.

Honest Mining  telah menerima dukungan dan komitmen luar biasa dari berbagai investor. Pada pertengahan November, kami telah mencapai jumlah ETH lebih dari yang kami perkirakan. Kami juga menerima lebih dari 400 aplikasi whitelist  dari berbagai belahan dunia yang percaya pada produk yang sedang kami bangun.

Apa  selanjutnya?

Atas nama seluruh tim Honest Mining, kami berterima kasih atas dukungan komunitas yang luar biasa dan terus menerus kepada kami. Saat ini kami telah membuka pendaftaran pada website kami, Jika Anda belum mendaftar, segera daftarkan diri Anda. Tim kami juga berupaya semaksimal mungkin untuk dapat melakukan soft launching sesuai jadwal, yaitu sebelum kuartal 1 2019 (Q1) berakhir. Kami juga bekerja keras agar HNST terdaftar di exchange. Dukung Honest Mining selalu ya.

Tetap terhubung dengan Honest Mining melalui kanal berikut:

Honest Mining Pre-Registration Referral Program

Happy New Year miners!

We are very close to our target launch in 1st Quarter of 2019. Our team has worked really hard to develop the best staking pool experience. Since we just can’t wait, we are going to go ahead and open the pre-registration now!

Here is how you can be our early user:

  1. Go to
  2. Fill up some basic information like your full name, username, email address and password
  3. Check your inbox & confirm your email address!

Great! Now you can login & check your dashboard.

You should see that you get FREE 5 HNST to start. Every user will be given a unique referral link. Now go on, share your referral link with your friends, relatives, colleagues, or your community – for every unique person that completes the registration using your referral code, you will be entitled for 1 extra HNST! Of course, terms & condition applies; nobody likes cheaters 🙂

That’s all for now miners! See you on our next update.


  1. The Referral must register using the Referrer’s referral code.
  2. Referral must be a new unique Honest Mining account.
  3. Honest Mining accounts who have been determined to be fraudulent/abusive/fake/duplicates will be removed from the referral program.
  4. Honest Mining in its sole discretion reserves the right to refuse the awarding of rewards for suspicion of abuse or fraud.
  5. Only verified account that pass the platform KYC Process can redeem & be counted towards the referral rewards.
  6. Rewards will be distributed through Honest Mining Platform after it launches. The referral program will last until Honest Mining officially announce & close the program.

Honest Mining Indonesia Roadshow

Honest Mining Indonesia Roadshow

Honest Mining was on the road throughout November to gather & introduce digital assets & blockchain in Indonesia. People who came were curios, a few were intrigued, and with some of the negative news – we realized many were scared.

There is a saying in Indonesian language, “Tak kenal maka tak sayang“.  We are glad that after the event, many realizes that digital assets are not something to be afraid of. They were excited to see the unlimited potentials that blockchain offers, and how Honest Mining can help them be part of this movement.

We are also thankful for:

1st Stop: SURABAYA

Surabaya is the second largest city of Indonesia. It is a port city on the Indonesian island of Java that is really vibrant & sprawling metropolis. The city consists of modern skyscrapers with canals from its past Dutch colonial days.

Lawrence Samantha, our CEO and Indra Darmawan, the CEO of LYFE were live on PAS FM Surabaya – a leading business radio in Surabaya for an after lunch talk show. Then on the evening, we had gathering at Satu Atap Coworking Place.

Honest Mining Surabaya Roadshow
Honest Mining On Air with PAS FM Surabaya
Honest Mining Surabaya Gathering
previous arrow
next arrow


2nd Stop: MEDAN

Medan is the fourth largest city of Indonesia & largest city in Sumatra. It is a trading city that located on the busy strait of Malacca. As a hugely multicultural city, Medan is also linked very well with Singapore & Kuala Lumpur.

Honest Mining start the day by talking on SMART FM Medan for a morning talkshow. We then have a gathering at CocoWork Clapham supported by CryptoWatch Community. It was a full house gathering! Many walk-in attendees unfortunately have to stand at the back due to the space & seat constraints. We were mesmerized with the enthusiasm and simply know that we will have to be back to Medan

Honest Mining Medan Roadshow
Honest Mining On Air with SMART FM Medan
Honest Mining On Air with SMART FM Medan
Honest Mining Medan Gathering
Honest Mining Medan Gathering
previous arrow
next arrow


3rd Stop: BALI

Bali, the island of Gods. It is an Indonesian island known for its forested volcanic mountains, iconic rice paddies, amazing beaches and beautiful coral reefs. It also home for many digital nomads from around the world.

Honest Mining visited Hard Rock FM Bali for an afternoon talk show, followed by a gathering at Kembali Coworking Space.

Honest Mining Bali Roadshow
Honest Mining On Air with Hard Rock Bali
Honest Mining Bali Gathering
Honest Mining Bali Gathering
previous arrow
next arrow

Honest Mining Advisors

Honest Mining is supported by great advisor who not only possesses multiple skill set & experience from different industry, but also on the future of decentralization & blockchain.

Vidy Onadi

Head of Business Development EMURGO INDONESIA

Mr. Vidy is the Head of Business Development at EMURGO. He carries a  mission to power the financial stack for the developing world through Cardano’s decentralized blockchain system.

Apart from being a blockchain enthusiast, he is also recognized as a self-driven professional with more than 15 years of diversified experience in ERP systems (SAP & Microsoft Dynamics), corporate finance & investments, and digital businesses.

Jeth Soetoyo


Mr. Soetoyo is the CEO of Pintu, a cryptocurrency exchange and brokerage service. Prior to that, he worked at ConsenSys, a Brooklyn based Blockchain venture lab and solutions company. He led product on a cross-chain atomic swap solution called Liquality, which allowed participants to trustfully swap digital assets without intermediation.

Mr. Soetoyo also conducted a research along with the MIT Digital Currency Initiative on crypto assets valuations. Previously, he pursued a career at Roland Berger Strategy Consultants and also spent time at Valar, a company that’s focusing itself on energy.

Grady Laksmono

Co-Founder of Moka

Mr. Grady is an accomplished software engineer and venture builder. He founded Moka in 2014, a mobile point of sale system that allows anyone to accept many kinds of payments. Prior to Moka, he worked at multiple corporations in Silicon Valley: Yahoo!, Zynga, OpenX, Albumatic (now – a company owned by Lightyear/Stellar).

During his spare time, Grady contributes code to Bitcoin Core and pyevm, an Ethereum Virtual Machine implementation.

Calvin Kizana

Co-Founder and CEO PicMix / PlayDay

Calvin is a serial tech entrepreneur with Forbes and Ernst and Young (EY) awards on his belt and is currently CEO and co-founder of PicMix and PlayDay, a live streaming and interactive content distribution platform for massive online community with over 35 million-users worldwide.

Calvin has been involved in multiple successful ICOs in the region. He actively involved and sit as advisor in ICO and blockchain projects across startups and corporates. He is also the co-founder and advisor in CoinDaily, a blockchain community with over 20,000+ active members.

Honest Mining October 2018 Bounty Winners

Hello Miners,

The month of October has passed and so did Honest Mining October’s tweet bounty program. Thank you for everyone for participating and we hope you will continue to do so on our next bounty.

Congratulation for The Winners:

  1. AnakAyamDukun
  2. Dukunbitcoin
  4. FutureXpast
  5. Maverick sandoval
  6. Hepeng Digi
  7. Jambangsoang
  8. Dimas Maulana Ibnu
  9. masbrokemanaaja
  10. Asinan Timun
  11. Riazor
  12. Azr Fauzi
  13. bosspadli
  14. Ricky Arianto
  15. agen resmi fiforlif
  16. Kang Mas
  17. Panji Prabowo
  18. Lufi Darko
  19. Rizal Pratama Purba
  20. Robertsimons724
  21. Senopatiseno
  22. Tuyul100BTC
  23. Lawu 500–1
  24. Renata Ayu
  25. Muhammad Coeri
  26. Murdani
  27. gerah
  28. CyptoLeadman
  29. Rondaz
  30. Agent Crypto

Bounty Prize

  1. Winners number 1–10 will get 250 HNST
  2. Winners number 11–30 will get 50 HNST

Congratulation again! Winners please contact Admin on our Telegram Group (EN/ID) to claim the bounty. The bounty prize will be distributed through our platform after the token distribution.

Thank you for your participation and see you on our next bounty campaign!

Honest Mining Litepaper

Sometimes Most of the time, simple is better.

Honest Mining team prepares this infographic (cryptoworld crowds refer it as litepaper / lightpaper) so you can easily review what Honest Mining is all about.

You can also download the PDF version.

Honest Mining Litepaper
Honest Mining Litepaper

Introducing Honest Mining

Honest Mining Logo

The world associates blockchain technology and cryptocurrencies with decentralization.  Cryptocurrencies are decentralized because the technology on which it is based, the blockchain, is powered by anonymous blockchain validators. The validators are those who validate the transactions on the distributed ledgers around the world and keep it secure. Over the year, these blockchain validators have come to be known as “blockchain miners” and “crypto miners”.

While it is true that miners are making the blockchain network decentralized, there are still big barriers to entry that prevents everyone from joining: limited knowledge, limited technical skills, limited financial power, and limited infrastructure.

All these limitations cause fear and uncertainty. A technology that should be transparent is used by a few parties to either maximize profit by monopolizing the market or to make a scam business using the hard-to understand “crypto mining” buzzword.

We are HONEST MINING – a company with simple mission: building trustworthy and easy crypto mining that is accessible to everyone.

We’re making crypto currency mining a lot easier and accessible for everyone who are interested in becoming miners. You will be able to be a part of the community through an uncomplicated process and start earning masternode rewards from the get-go. We believe that honesty is gained through transparency.

HONEST TOKEN (HNST) is the native currency of HONEST MINING Platform which will be used for all transaction activities. With HNST you will be able to join masternode, get special discount and other usages.

If you want to read more about us, please check our whitepaper.
Is it too long? Well we have a tl;dr version for you – just check out our litepaper.