X Pool

1 Description
2 Concept
3 Social media
4 See also
5 Resources

Description

X PoolA global and decentralized Bitcoin mining project with backers` reward system.

ICO start date: 2017-02-07

Concept

The XBTC tokens represent ownership of the following assets:- The active 50 Petahash of Bitcoin Unlimited miners and power supplies;- 90% of the Bitcoin profit generated by the 50 Petahash of Bitcoin miners discounting electricity costs. The average power consumption of the Bitcoin miners is 300W/T;- 60% of the ETC funds generated by selling XBTC will be used to purchase new Bitcoin miners to increase the hashrate of the project, which is expected to increase 50 to 70 Petahash;- 90% profit after discounted electrical cost from the purchased miners ( 50-70 Petahash ) with 60% of ETC funds received by XBTC sale, the average power consumption of miner is 100 W/T;- 90% of the Bitcoin profit discounting the electricity will be used to place buy orders for XBTC, if the buy orders cannot be completed within 30 days, the purchase orders will be cancelled and the Bitcoin will be used to purchase new Bitcoin miners to generate more Petahash. Also, the 90% of the Bitcoin profit generated by new Bitcoin miners discounting the electricity.

More information in the project whitepaper: https://xbtc.exx.com/resource