LBank to Launch LBK Cloud-Hashrate Rental Product, 20% Off Flash Sale!
Dear LBank users:
In order to reduce the barrier of mining and satisfy the diverse needs of mining for users and enrich the LBK community application scenarios, LBank will launch a cloud-hashrate rental product on December 18th to provide a convenient and stable one-stop mining service without service fees. Details below:
1. Launch Time:
The flash sale will launch on December 18th, 2019 14:00–22:00 (GMT+8)
2. Product Introduction
During the 540 day (18 months) rental package, users can rent BTC cloud-hashrate at 89.3 USDT/THs for 540 days. This includes hashrate fee, electricity fee and maintenance fee, without any extra service fee. If you pay via LBK, you can enjoy 20% off the sale price, which is 71.442 USDT/THs. The total sale amount in this initial period is 10P (LBK and USDT each have 5P in rental)
The lowest price for the whole network is 0.1323 USDT/THs/day
Tips: After the price of BTC exceeds 16000USDT, excess expenses will be deducted from the income due to the increase in electricity costs.
3. Purchase Methods
(1) Login LBank website: www.lbank.me| www.lbank.info
(2) Register for an LBank Account
(3) Place an order to buy on the “Hashrate Purchase” page
(4) Obtain revenue
4. Purchase Model: First come first serve until sold out
5. Total Purchase Amount: 10P (1P=1024TH/s), with 20% discount for payment via LBK. 5P for LBK paying users, and 5P for USDT paying users.
6. Payment Currency: LBK, USDT (The actual amount paid shall be converted to LBK’s closing average price in the first 24 hours on LBank)
*This cloud-hashrate sales will enjoy 20% off through LBK payment
7. Revenue Model: Purchase the package on the same day (14:00–22:00 HK time), it will come into effect on the next day (T+1), and settle the proceeds every week (W+1)
8. Limited Amount: Each user can only purchase 10,000USDT worth of cloud-mining services, or the equivalent in LBK.
9. Purchase Condition: All LBank users can participate this cloud-mining rental program.
🚩Description: HashRate will be provided by INTERHASH. The mining machines have been provided by Canaan’s Avalon and certified the hashrate.
⚠️Tips:
1. Hashrate is a special virtual goods, once rented out cannot be returned, and the contract cannot be cancelled in advance and refunded.
2. During the lease period, there may be routine maintenance fees for the substation. When the substation needs maintenance, the miner needs to stop production. The shutdown time caused by substation maintenance shall not exceed 240 hours (10 working days) in a year.
3. Participating in mining should be subject to local laws and regulations, and the purchaser should follow the relevant laws and regulations at their own risk.
4. Please refer to “LBK Cloud-Hashrate Lease Agreement” for details.
5. All LBK used to pay for hashrate will be destroyed.
6. This activity’s final interpretation belongs to the LBank team.
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