Cryptocurrency Q&A What is a pit token?

What is a pit token?

DongdaemunTrendsetterStyleIcon DongdaemunTrendsetterStyleIcon Wed Nov 06 2024 | 5 answers 1287
I'm curious about pit tokens. Could someone explain what they are and maybe provide some background information or context on how they're used? What is a pit token?

5 answers

Daniele Daniele Fri Nov 08 2024
Each miner possessed a unique token.

Was this helpful?

77
44
GinsengBoostPower GinsengBoostPower Thu Nov 07 2024
Engraved on this token were two pieces of crucial information: the name of the coal mine where the miner was employed, and his individual personal number.

Was this helpful?

281
91
Margherita Margherita Thu Nov 07 2024
Prior to descending into the depths of the mine, miners were required to perform a vital safety ritual. They would take their token and hang it on a large peg board, which was adorned with numerous numbered pegs.

Was this helpful?

362
66
LightWaveMystic LightWaveMystic Thu Nov 07 2024
The peg board served as a crucial tool for safety and accountability. By hanging their tokens on the board, miners effectively checked in, signifying their presence underground.

Was this helpful?

277
45
Sara Sara Thu Nov 07 2024
This system allowed for an accurate headcount of miners at any given moment. It provided a clear and concise way to track who was underground, ensuring that no one was left behind or forgotten.

Was this helpful?

290
83

Related questions

  1. What is a pit token?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts