WhatisChia?ChiawasestablishedinAugust2017,aimingtodevelopimprovedblockchainandintelligenttradingplatforms.WearebuildingtheChianetworktoimprovetheglobalfinancialandpaymentsystem.Chiawillbethefirstenterprise-leveldigitalcurrency.ChiaisusingthefirstnewblockchainconsensusalgorithmsinceBitcoin.Itiscalled"ProofofTimeandSpace".ItwascreatedbyBramCohen,theinventorofBitTorrentandthebestnetworkprotocolengineerinservice.ChialispisChia'snewintelligenttradingprogramminglanguage.Itispowerful,easytoauditandsafe.
AbouttechnicalservicefeeWBFChiaHashrate?leasingservicewillcharge20%oftheamountofXCHproducedbyminingasatechnicalservicefee.Thetechnicalservicefeeincludes:Minemaintenance,miningmachinedeployment,miningmachinemaintenance,technicalservices,humanresourceexpenditures,etc.
HowtodistributeminingoutputsStartingfromthe20thdayafterChia'ssaleends,theXCHproducedbyminingwillbecalculatedanddistributeddailybasedonthenumberofChiaequitycertificatesinyourWBFaccount.WBFwillreleasethepreviousday'sChiatoyourWBFaccountbefore24:00thenextday.Youcanviewtherecordsonthe"Asset-FundFlow-Account"page.
WhatisWBFChiaHashrate?WBFhaslaunchedtheWBFChiaHashrate?leasingservice,cooperatedwithwell-knownminingpools,andparticipatedinthejointminingwiththeChiablockchainproject.Basedondeeptechnicalexperienceandsuccessfulproductexperience,youwillobtainhigherminingefficiencyfromtheminingpoolsunderthesamehardwareconditions,andprofessionaloperationandmaintenancewillmakeproductsandservicessaferandmorestable.
Aboutthetimelimitoftheproduct:EquitycycleAftertheleaseserviceexpires,itwillautomaticallyterminateandbecomeinvalid.Theplatformwillnolongerbeartherelevantsupportservices,andtheChiaequitycertificatesheldbytheuserwillalsobecomeinvalidandbedestroyed.
Whyisthereadifferenceinthepriceofcomputingpowerineachperiod?Chiacloudcomputingpowerwillchangeaccordingtothepricefluctuationsofminingmachines,sothepriceofcomputingpowerwillbedifferentineachperiod.
HowdoestheWBFChiaHashratecalculateandallocateChiaoutputs?Thechiaoutputofdailyminingisallocatedaccordingtotheproportionoftheuser'spurchaseof?WBFChiaHashratetothetotalcomputingpoweroftheminingpool,thendeductthemanagementfeetoobtaintheChiaactuallyobtainedbytheuser.(Pleasenote:thedynamicchangesareforreferenceonly.)
WBFTeam
April29,2021
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