Chia Network is a decentralized open source global blockchain. Compared with the traditional PoW cryptocurrency, it has less waste, higher degree of decentralization and more security. Its inspiration is similar to Bitcoin blockchain, but in Chia, the resource is not computing power, but disk space. In order to achieve this goal, the "Proof of Work " used in Bitcoin is replaced by "Proof of Space", so disk space becomes the main resource and time proof to reach a decentralized "Satoshi Nakamoto" consensus to verify transactions. Chia Network is also a smart transaction platform company.
BKEX Global will start the third phase of Chia Network (XCH) Cloud Mining Service purchase at 14:00 on May 3, 2021 (UTC+8).
- Equity proof: 1 T/ year Chia Cloud Mining Service =10 shares
- Product price: 60 USDT/1 T/ year Chia Cloud Mining Service
- Equity cycle: 365 days
- Pricing currency: USDT
- Chia Cloud Ming Service price: product price / equity proof = 6 USDT /share
- Technical service fee: 10% (deducted from the earnings)
- Custodian fee: 5% (deducted from the earnings)
- Current est. daily output: 0.018-0.02 XCH/T/day
- Earnings expectation: Calculated at the price of 1,500 USDT/XCH, the expected output is 0.018-0.02 XCH/T/day, the annual output is 6.57-7.3 XCH/T, and the yield reaches 12000%-13500% (subject to price fluctuations and mining difficulty, the actual mining output shall prevail)
- Distribution cycle: daily distribution (It is estimated that everyday XCH tokens will be distributed at 00:00 (UTC+8) in the next day. The settlement time of the pool's settlement time shall prevail.)
- Settlement formula: Daily distributed XCH amount of 1 share of Chia Cloud Mining Service = (hashrate amount held by the user/10) × daily output/T × (1 - technical service fee 10% - custodian fee 5%).
- Distribution start time of XCH tokens: in 30 days after the purchase ends (The specific distribution time shall prevail)
- Total purchase quota: 102,400 shares of Chia Cloud Mining Service
- Purchase time: 14:00 05/03/2021 - 15:00 05/03/2021 (UTC+8)
- Accepted currency: USDT
- Purchase price: 6 USDT/share
- Minimum purchase: 10 share
- Max purchase: 1,000 shares
- As the hashrate sale service platform, BKEX Global only provides hashrate sale service;
- This Chia Cloud Mining Service will be provided according to the specific rules after the launch of Chia Network mainnet.
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