The IPFS Cloud Mining Leasing Service is officially launched by BeeEx (www.BeeEx.com). The idea of IPFS was proposed by Juan Benet in May 2014. IPFS has become one of the hottest projects in 2020 and has attracted the attention of many investment institutions.
The service supports the business of leasing IPFS mining power by T and cycle by BeeEx users and enjoying the rights and interests of Filcoin mining. The cloud mining business is built based on the well-known Polar-Chain Pool. Polar - Chain Pool team is a leading edge computing cloud service provider in China, focusing on edge computing cloud computing business. Based on the deep technical experience and successful product experience, under the same hardware conditions will obtain higher mining efficiency, professional operation and maintenance of products and services more secure and stable.
Time for BEE Community: 20:00, May 8, 2020-20:00, May 9, 2020 (Singapore time)
Time for Phase 1: 20:00, May 8, 2020-20:00, May 15, 2020 (Singapore time)
Time for Phase 2: May 15, 2020 20:00 - June 1, 2020 20:00 (Singapore time)
Time for Phase 3: 20:00, June 1, 2020-20:00, July 1, 2020 (Singapore time)
Product name: IPFS Cloud Mining Service
Proof of interest: 1 TB/ year IPFS Cloud Mining Service =100 IPFS
Price: 200-220 USDT / 1TB/ year IPFS Cloud Mining Service
Product cycle: 365 days
Technical service fee: 15% (based on Filecoin, deducted from mining output daily)
Settlement method: daily settlement (from the 8th day after the IPFS main network launched)
Earnings expectation: With the price of 1 FIL = 10 USDT, the expected output is 0.2-0.5 FIL/ day /TB, the annual output is 73-182.5 FIL, the yield will reach 200%-700%. (Subject to price fluctuations and mining difficulty, the actual shall prevail)
For More Information
1. About IPFS Cloud Mining Service
IPFS Cloud Mining Service is a business launched by BeeEx that enables users to lease IPFS Cloud Mining Service by T and cycle and enjoy the rights of Filecoin mining. This product is built on the well-known Polar - Chain mining pool.
Polar - Chain mining pool team is the leading edge computing cloud service provider in China, focusing on the edge computing cloud computing business. Based on the deep technical experience and successful product experience, under the same hardware conditions will be more efficient mining, professional operation and maintenance of products and services more safe and stable.
2. Technical service fee
The IPFS cloud computing leasing service will charge 15% of the amount of Filecoin mined as a technical service fee. Technical service fee includes: mine maintenance, mining machine deployment, mining machine maintenance, technical service, human resources expenditure and other expenses.
3. Product term
A. The product is valid for 365 days (starting from the date when the IPFS Cloud Mining Service is produced and Filecoin are mined after the main network is launched)
B. When the lease service expires, it will automatically terminate and become invalid, the platform will no longer undertake relevant support services, and the IPFS certificate held by the user will be removed from the shelf and become invalid;
C. If the mine cannot continue operation due to irresistible reasons such as legal policies, war, earthquake, fire and power failure, the products and services shall be terminated in advance and the platform shall not be liable for compensation.
4. About IPFS Certificate of Interest
A. IPFS certificate of interest only represents the certificate of interest in the 365-day Cloud Mining Leasing Service. BeeEx will take it offline and burn the IPFS certificate of interest after the service expires.
B. BeeEx will not open the trade of IPFS certificate in the future.
C. If the user holds IPFS certificate of interest in BeeEx, he/she will enjoy the service. After the main network is launched in the future, the system will allocate Filecoin output according to the IPFS certificate of interest held in the user's account every day.
D. If the user fails to receive the allocation of Filecoin output due to the charging of IPFS rights certificate by the user, the user shall bear the relevant responsibilities and consequences.
5. Mining and settlement
A. The platform will be allocated according to the actual mining and mining output of the IPFS Cloud Mining Service.
B. Mine output generated by IPFS Cloud Mining Service distributed in the form of Filecoin.
C. The settlement time of the previous day's Filecoin shall prevail.
D. Settlement formula: daily mining output of the user = IPFS held by the user ÷ the total amount of IPFS in circulation × the amount of IPFS per day × (1-technical service fee 15%)
6. Cancellation of subscription
In view of the uncertainty of IPFS main network configuration and other risk factors, BeeEx reserves the right to unconditionally cancel all subscription orders for this activity in order to effectively protect users' rights and interests.In order to effectively protect the user rights and interests, this activity to support the cancellation of subscription. Participants can contact the customer service of BeeEx before 20:00 (Singapore time) on June 1 to unconditionally apply for cancellation of subscription.
1. The output based on IPFS cloud mining may be affected by the fluctuation of Filecoin price and mining difficulty. The IPFS Cloud Mining Service cannot guarantee capital preservation and refund promise to users based on legal currency standard. Carefully assess your risk tolerance and participate in an acceptable manner. IPFS cloud computing leasing service reserves the right to interpret this product and this agreement.
2. Participants understand and accept, as a result of the relevant national laws, regulations and regulatory documents formulated or modify the objective conditions change, such as suspended Filecoin dig behaviors, or forbidden, automatically terminate this contract, both parties shall not be held accountable to each other, the resulting losses shall be borne by, users have to pay the fee is not refundable.
3. This product does not involve the transaction of digital assets. If users participate in the transaction of digital assets by themselves, they shall bear the relevant responsibilities and risks.
1. Q:What is IPFS?
A: IPFS is an interplanetary file system, which is a hypermedia transfer protocol based on content addressing, versioning and point-to-point. It integrates P2P network technology, BitTorrent transfer technology, Git version control, SFS self-proving file system and other technologies, aiming at benchmarking the current HTTP protocol and building a new next-generation network protocol.
2. Q: What is Filecoin?
A: Filecoin is the excitation layer of IPFS, and a decentralized storage network is built through the Token excitation model of blockchain. Filecoin carried out an ICO with the token name FIL. Under Filecoin's incentive model, storage market and retrieval market are constructed. Miners provide storage services and retrieval services to obtain FIL tokens paid by users.
3. Q: When will the main Filecoin network be launched?
A: the official release date of Filecoin is June 22, 2020, solstice, July 24, 2020, the specific time is subject to the official announcement time, details can follow the official news, Filecoin official website link: https://Filecoin.io
4. Q: How do IPFS Cloud Mining Service calculate and allocate Filecoin output?
A: The amount of Filecoin output that the user actually gets after deducting the management fee is the percentage of the total amount of Filecoin that the user buys the IPFS Cloud Mining Service as a percentage of the pool's total mining power. (please note: dynamic change, for reference only)
5. Q:How to distribute the Filecoin produced by mining?
A: Starting from the 4th day when the IPFS main network goes online and the IPFS Cloud Mining Service generates Filecoin, daily settlement will be made. The platform will send the Filecoin to your BeeEx account from 14:00 to 24:00 the next day, and you can check the record on the “My Balance - Asset Record" page.