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IPFS Cloud mining

 Dear community



BeeEx has opened FIL (Filecoin) / USDT trading market and opened FIL deposit. IPFS cloud  mining has also started as scheduled. According to the original plan, the main network is officially launched. From the 8th day, the bee stock exchange will start to release fil mining income according to the official release rules.

 

FAQs & Schedule

On space race and rewards:
1. Users who participate in the purchase application before August 25 can get the space race reward, the reward amount is 0.4773 FIL / TB;
2. Due to the passing time of KYC at the mining node, the mine pool has not started to receive the official competition award. Some other miners also have the same problem. At present, we are actively communicating with the FIL team on the reward issue. It is expected that the release plan will be launched in about two weeks.

On pledge currency and encapsulation speed:
1. Due to the latest Filecoin economic model design, participating in FIL main network mining needs continuous stake FIL to encapsulate data, and then obtain FIL mining income. At present, our node is purchasing FIL required to stake with advance funds to maintain the growth of computing power. In the future, we will try our best to reach a FIL borrowing agreement with major exchanges and private investors to ensure the continuous encapsulation of data and the continuous growth of computing power. Users only need to pay the corresponding interest of borrowed currency at the market cost. The relevant loan interest rate will be announced after the best scheme is obtained. Please pay attention to the follow-up announcement;
2. According to the actual operation of the current mine pool, under the condition of sufficient pledge currency, it is estimated that the Full-t encapsulation of data will take about 180 days.

On the calculation method of mining income and release plan:
1. The FIL released by the BeeEx is available balance, and there is no limit such as lock position, so it can be fully withdrawn and traded at any time;

2. The user's mining income formula : (100 * 2 * 0.85) per day of mining revenue per user

For example:
The first day revenue is [1 / 180 of the mining output of the day]
The second day revenue is [1 / 180% of the mining output of the day + 1 / 108 of the first day]

The third day revenue is [1 / 180% of the mining output of the day + 1 / 108 of the first day + 1 / 108 of the second day ]

And so on every day.

If the official mining revenue release rules are updated (the existing scheme has not been implemented yet), the platform will synchronize the corresponding rules in time and release them according to the new rules.

3. The first reward is the cumulative reward from October 15 to October 22 (i.e. the first 7 days after the main online line);

4. In view of the pledge currency mechanism of fil main network, the mining income distribution plan will be affected to some extent. Please pay attention to the follow-up announcement for the specific rules.

 REGISTER

Risk Warning

Digital currency is a high-risk investment method. The platform does not assume responsibilities such as guarantee, compensation, and the like. Investors are advised to participate with great caution and pay attention to investment risks.

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