Dear LBank users:

 

LBank will launch the sale of Chia Network hashrate at 12:00(UTC+8)on May 21, 2021, and will end at 20:00(UTC+8)on May 21, 2021. The rules are as follows:

 

Total amount: 24P

Supported currency: USDT

Hashrate cost: 28USDT/T/year

Minimum purchase amount: 1T

Maximum subscription amount: unlimited

Subscription Mode: first come, first served

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 15 days after the sale is closed

Product ownership: Ownership of the equipment belongs to the purchaser 

Network hashrate (expected)

Percentage of hashrate per P

Cost per P （USDT）

Monthly output

Current price (USDT)

Payback cycle

7,000P

0.014%

84,000

About 41

1,360

46 days

 9,000P

0.011%

84,000

About 32

1,360

58 days

 12,000P

0.0083%

84,000

About 24

1,360

73 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.

 

Click here to download for iOS or Android

 

LBank community

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If you have problems, please contact LBank official email: service@lbank.info, and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBank_en.