Dear Biboxers,
Bibox Private Bank —— Real Mining HashRate Rental Service will be launched at 4:00 P.M. on 09/28/2019 (GMT+8). In the first period, we will provide real BTC mining hashrate rental service.
Product Introduction
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Service Name |
Bibox Real BTC Mining HashRate Rental Package |
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Rental Duration |
12 Months (Basic Rental) + 3 Months (Free, Limited Time Only) |
|
*Flash Purchase |
Event Time: 4:00 P.M. on 09/28/2019 to 2:00 P.M. on 10/09/2019 (GMT+8) During the event, users can rent BTC hashrate at the flash purchase price: 85 USDT/THS (Including 12-month mining machine rental + 15-month electricity fees) During the Flash Purchase, users can pay with BIX for an additional 10% off! |
|
Electricity Charge |
Included in the rental package |
|
Maintenance Fee |
Included in the rental package |
|
Management Fee |
0.16%/ day, deducted from the daily mining earnings |
|
Token Type |
BTC |
|
Rewards Distribution |
All mining rewards will be distributed to “Funds – My Wallet” at 10:00 A.M.-8:00 P.M. (GMT+8) on the next day |
Event Page: Bibox Real BTC Mining HashRate Rental
Product Features
- Different from the traditional and generally adopted mining hashrate rental service of "fixed rent + floating electricity fee + management & maintenance fee" in the market, Bibox “Real BTC Mining HashRate Rental Service” adopts “one-price all-inclusive" and charges only ultralow management fee as 0.16%/ day.
- By virtue of the own advantages in the real industry and strong partners, Bibox directly provides a highly competitive "fixed payments” model to break all hidden costs and abandon the industry's persistent illnesses. We want to eliminate the behaviors that do harm to the interests of users.
- With prepaid annual electricity fee and PPS+ distribution, users can get mining rewards every day. At the same time, users do not have to bear the risks of maintenance of mining machinery and electrical equipment maintenance, all earnings are transparent and quantifiable.
*Note: PPS+ is a combination of PPS and PPLNS. In other words, the settlement of block reward is based on PPS mode, while the settlement of miner's fee/transaction fee is based on PPLNS mode. Under PPS+ model, miners can obtain additional part of the transaction fee based on PPS model.
Special Notes
- HashRate is a special virtual goods, once rented out, it cannot be returned, nor can it be cancelled in advance for refund.
- If a user purchases the hashrate package today (0:00 ~ 23:59 GMT+8), it will take effect on the next day (T+1), and generate mining rewards from two days later (T+2).
- Due to the market volatility, the price of flash purchase and BIX group purchase shall be base on the average 1-hour closing price of BIX in the first 8 hours on Bibox．
- All rental expenses stated in this announcement are special price for limited time only. After the event, the original price will be restored.
- Bibox reserves the right to adjust the rental rules and launch more different rental packages without any impact on the existed rentals and all relevant interests.
- The participation of users in mining services shall be in accordance with the laws and regulations of the region. The users shall bear the risk of relevant laws and regulations.
- Please read “Bibox Mining HashRate Service Agreement” before purchase.
- The investment of digital assets carries high risk, please evaluate the risk reasonably and make rational investment.
Thank you for supporting Bibox.
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