XT Exchange

Introduction to XT Cloud Mining

منتجات الكسب
XT.COM Exchange is introducing a brand-new cloud mining service, which is an innovative method of cryptocurrency mining. The cloud mining service is in collaboration with several listed mining companies in the industry and powerful mining farms. It offers mining products for cryptocurrencies like Bitcoin (BTC), KAS Coin, SMH Coin, and more POW coins, without the need to worry about issues like deploying mining machines, connecting to mining pools, or managing mining farms.
 
XT Cloud Mining provides users with a simple channel to directly participate in cryptocurrency generation and transaction validation. By renting hash power from professional cloud mining platforms, users can obtain rewards in POW cryptocurrencies like Bitcoin without investing in expensive hardware or worrying about equipment maintenance.
 
Cloud Mining Subscription Link: https://www.xt.com/en/finance/cloud-mining
 

Advantages of XT Cloud Mining:

  1. No Hardware Investment: Users don't need to purchase mining machines, saving on installation, configuration, and warehouse leasing. It also eliminates high costs like electricity bills and maintenance fees associated with mining.
  2. Hassle-Free Maintenance: All hardware maintenance and upgrades are managed by XT.COM's professional mining team in North America and Central Asia. The mining machines are regularly upgraded to maintain cutting-edge and stable hash power output.
  3. Energy Efficiency: XT's cloud mining service uses the latest energy-efficient technology, reducing its impact on the environment. It optimizes cost-effectiveness for users.
  4. Low Threshold: Supports a minimum subscription of 1T hash power. Users can flexibly optimize their investments based on their needs and market conditions.
  5. Stable Returns: Cloud mining provides more stable output returns, reducing the impact of market fluctuations.
 

Supported Cryptocurrencies:

1. Bitcoin (BTC) Cloud Mining Advantages:

  1. Stable Output Rate: BTC cloud mining allows users to earn Bitcoin at a fixed rate. Regardless of Bitcoin's price fluctuations, the rented mining equipment continues to produce, helping to mitigate price risks.
  2. Convenience: Cloud mining eliminates the need for users to operate mining equipment themselves; they only need to pay for electricity and management fees. This is very convenient for individuals who lack technical expertise or time to manage equipment.
  3. Flexibility: Users can choose different cloud mining packages according to their needs, accommodating various investment scales and risk tolerances. BTC cloud mining offers a more stable and convenient way to acquire Bitcoin, allowing users to focus on investing without worrying about equipment maintenance and market fluctuations.
  4. Revenue Rules:
    Users can purchase shares (hash power) at any time. Mining starts from the day after purchase (T+1 day):
    - Start of Interest: T+1 day 00:00 (UTC)
    - Distribution Time: T+2 day 00:00 (UTC)
    - Revenue Model: Daily distribution of earnings, distributing yesterday's output (deducting electricity costs)
 
Bitcoin Whitepaper: https://bitcoin.org/bitcoin.pdf
 
1.PNG
 

BTC Mining Machine Introduction

BTC Mining Machine Details:

  • Model: Antminer S19 XP
  • Hashrate: 140 TH/s
  • Power Consumption: 3010W
  • Energy Efficiency: 21.5 J/TH
  • Chip Design: Utilizes 5nm chip technology
  • Algorithm: SHA-256
 

2. Advantages of KAS Coin Cloud Mining:

  1. Price Advantage: KAS coin cloud mining is currently 20%-60% cheaper than purchasing mining machines directly on the XT cloud mining market. Additionally, electricity costs are advantageous compared to the industry average.
  2. Halving: Kaspa sets an annual halving to gradually reduce the coin supply to prevent inflation, increase scarcity, and stabilize value.
  3. Perpetual Mining Income: Users only need to invest once to continuously mine and earn KAS rewards. Unless the coin price decreases or market conditions change such that the daily KAS yield (after deducting management fees) cannot cover the daily electricity costs, users will not receive KAS earnings for that day, and the XT platform will deduct the KAS earnings for that day as electricity costs. Once the coin price rises or the daily output exceeds the daily electricity cost, users will resume receiving KAS mining rewards.
  4. Revenue Rules:
    Users can purchase hash power shares at any time. Mining begins from the day after the purchase (T+1 day):
    - Start of Interest: T+1 day 00:00 (UTC)
    - Distribution Time: T+2 day 00:00 (UTC)
    - Revenue Model: Daily distribution of earnings, distributing yesterday's output (after deducting management fees and electricity costs)
 

About Kaspa (KAS):

Kaspa (KAS) is a decentralized and fully scalable cryptocurrency network that uses BlockDAG architecture to address scalability issues associated with traditional blockchains. It is built on the GhostDAG protocol—a proof-of-work (PoW) technology that can securely and quickly process transactions. Kaspa maintains high security while supporting a high rate of block production. This unique capability sets it apart.

  • Total Token Supply: 28,700,000,000 KAS
  • Consensus Mechanism: Proof of Work (PoW) + GhostDAG
  • Mainnet Launch Date: 2021-11
  • Token Distribution: Similar to Bitcoin's issuance mechanism, there are no pre-mined or pre-sale tokens; all tokens can only be obtained through mining, ensuring a completely fair token distribution.

KAS Whitepaper: https://eprint.iacr.org/2018/104.pdf

 

2.png

 

KAS Mining Machine Introduction:

The KAS Miner K9 model is produced by The Wind Miner and uses the kaspa algorithm for mining, with a maximum hash rate of 10.3 Th/s and power consumption of 3350W.

Mining Machine Specifications:

  • Hashrate: 8.2T
  • Power Consumption: 3500W
  • Efficiency: 372J/T
  • Voltage Input: 200~240V AC
  • Operating Temperature: 0~40°C
  • Connection Method: RJ45 Ethernet
  • Dimensions: 430195.5290(mm)
  • Weight: 15.2KG
     

3. Advantages of SMH Coin Cloud Mining:

  1. Potential Coin: SMH cloud mining is an exclusive cloud mining product launched by XT, currently in its first year of mining output, with enormous potential for future returns.
  2. Deflationary Mechanism: With an excellent token economic model, the total supply of SMH is limited, with an exponential deflationary mechanism. Regarded as the next Filecoin, SMH has significant room for price growth in the future.
  3. Perpetual Mining Income: Users only need to invest once to continuously mine and earn SMH rewards. Unless the coin price decreases or market conditions change such that the daily SMH yield (after deducting management fees) cannot cover the daily electricity costs, users will not receive SMH earnings for that day, and the XT platform will deduct the SMH earnings for that day as electricity costs. Once the coin price rises or the daily output exceeds the daily electricity cost, users will resume receiving SMH mining rewards.
  4. Revenue Rules:
    Users purchase hash power shares during the Epoch N subscription period (3 days before Epoch N-1 starts to 3 days before Epoch N-1 ends):
    - Start of Interest: Beginning of Epoch N
    - Distribution Time: Next day after the start of Epoch N+1
    - Revenue Model: Daily distribution of earnings, distributing mining earnings from the previous epoch day, and repeating in cycles.
 

About Spacemesh (SMH):

Spacemesh is a first-layer blockchain technology using the Proof of Space Time (PoST) protocol. It aims to be a user-friendly, economically fair, environmentally friendly, and fully permissionless decentralized currency. The Spacemesh network allows anyone to participate in mining by providing unused hard drive space, which saves energy and reduces participation barriers, making the network more inclusive and decentralized.

SMH is the native token of the Spacemesh network, currently priced at approximately $4.70 USD, with a market cap exceeding $100 million USD. Spacemesh's design is based on a consensus mechanism called "Proof of Space," allowing users to participate in network maintenance and validation by providing unused hard drive space.

Total Token Supply: 2,400,000,000 SMH

Consensus Mechanism: Proof of Space Time (PoST)

Mainnet Launch Date: 2023-07-14

Token Distribution:

  • 93.75% (approximately 2.25 billion) allocated as block rewards, distributed according to the reward schedule directly to Smeshers (Spacemesh miners), with no pre-mining.
  • 6.25% (approximately 150 million) reserved as team rewards, with no initial release, gradually released according to the unlocking schedule starting one year after genesis.

Project Financing:

Spacemesh has completed over 2 rounds of financing, raising a total of $22.5 million USD from leading cryptocurrency investment institutions, including Metastable, Coinbase, Dekrypt, Slow Ventures, Polychain, Paradigm, Dragonfly, Electric Capital, Greenfield, Arrington XRP Capital, BRM Capital, gumi Cryptos Capital (gcc), and 1KX. The project is currently valued at $360 million USD.

Mining Cycle:

SMH mining does not immediately yield rewards. Mining occurs in epochs, with each epoch lasting 14 days. Earnings from the current epoch are distributed in the next epoch.

SMH Token Economic Model: https://spacemesh.io/start/#rewards

 
3.png
 

SMH Mining Machine Introduction:

Mining Machine Specifications:

  • 2U 8-disk server
  • Dual power supplies (460W*2)
  • Huawei 1288V3 motherboard
  • E52680V4*2 processors
  • 16G ECC DDR4 memory*4
  • 1TB Kingston SSD*1
  • 2308 SAS card*1
  • 6/8T SAS 3.5-inch HDD*8

More cloud mining support is coming soon. Stay tuned!

We are committed to providing the best user experience and highest security standards, making your cloud mining journey simple and profitable. Manage your mining account through XT Finance—Cloud Mining, and monitor earnings in real-time.

 

How to work?

Steps for Web Interface:

1. Log into your XT account. If you are a new user, please click here to register. Then, navigate to Finance - Hashrate on the navigation bar.
 
4英.png
 
2. In Hashrate, you can view all current cloud mining products. Users can filter by criteria and use the search bar to find desired coin products. Subscriptions can be made based on preferences for daily earnings per unit, unit price, mining duration, and other criteria.
 
5英.png
 
3. Click on the "Subscribe" button for your desired product to enter the Subscription Popup. Input the number of units you wish to subscribe to, check the payment amount, estimated daily output, start and distribution dates, and then click the "Confirm" button.
 
6英.png
 
4. After a successful subscription, you can click on "View Holdings" or navigate to Assets - Wealth Management Account - Cloud Computing Power in the top right corner of the navigation bar to view subscription earnings and subscription status.
 
7英.png
 

APP Steps:

1. Click on "Financial Overview" on the homepage or select Assets in the bottom right corner of the app, then click on Assets - Financial Overview.
 
8英.png 9英.png
 
2. Navigate to Financial Overview, click on Hashrate, locate the desired financial product, and click to enter the subscription popup.
 
10英.png 11英.png
 
3. In the subscription popup, enter the desired subscription amount, then click Confirm to complete the subscription successfully. To view subscription details, please click on View Positions or return to Assets - Earn - Hashrate to check the holdings.
 
12英.png 13英.png

 

عرض الأصل على Zendesk