Dear LBank users:
LBank will launch the sale of Chia Network hashrate at 12:00(UTC+8)on May 1, 2021, and will end at 20:00(UTC+8)on May 1, 2021. The rules are as follows:
Total amount: 10,000 T
Supported currency: USDT
Hashrate cost: 26U/T/year (78U/T/3 years)
Minimum purchase amount: 450 USDT
Maximum subscription amount: unlimited
Subscription Mode: weighted average allocation
Participation conditions: open to all users
Settlement currency: XCH
Settlement cycle: T+1, rewards distribution will last 1080 days
Operation service fee: 20% of token reward
P-disk cycle: 30 days (linear growth)
Estimated mining time: within 30 days after the sale is closed
Product ownership: Ownership of the equipment belongs to the purchaser
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Network hashrate(expected)
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Percentage of hashrate per P
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Cost per P （USDT）
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Monthly output
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Estimated initial price(USDT)
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Payback cycle
|
|
1,000 P
|
0.2%
|
78,000
|
About 276 pieces
|
500
|
16 days
|
|
1,500 P
|
0.13%
|
78,000
|
About 184 pieces
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500
|
24 days
|
|
2,000 P
|
0.1%
|
78,000
|
About 138 pieces
|
500
|
32 days
|
Tip: The return is only a theoretical value, and the amplitude of price fluctuations and increase in hashrate cannot be predicted.
About Chia
Chia Network develops a blockchain and smart transaction platform created by the inventor of BitTorrent, Bram Cohen. It implements the first new Nakamoto consensus algorithm since Bitcoin in 2008. Proofs of Space and Time replace energy intensive “proofs of work.”
Chia website：www.chia.net
Chia whitepaper：https://www.chia.net/2021/02/10/chia-businesss-whitepaper.html
Chia Github：https://github.com/Chia-Network/chia-blockchain/wiki
Chia official Keybase：https://keybase.io/team/chia_network.public
※ Cautions:
As the hashrate sales service platform, LBank only provides hashrate sales and hashrate output revenue distribution services.
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