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Collection

Collection Benefits

Test collection

Start at

01/10/2024 12:00

End at

01/10/2024 13:00

Supported chains for payment

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Pay with stablecoins

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General Information

Tokenized asset

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BTC

Ownership

SOL logo

BTC

Power / NFT

500TH

Energy source

100% Hydro

Mining rewards

Rewards

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BTC

$MINE token vesting

Eligble

Expected APY

10%

How to buy

  1. Sale open at 01/10/2024 12:00

  2. Step 1: Connect your wallet

  3. Step 2: Choose purchase details

    Choose how many mining power units to buy. You can make multiple purchases.

  4. Step 3: Confirm purchase

    Review and accept the terms, then click "Buy Now" to proceed. Simply approve the transaction in your wallet to complete your purchase

  5. Sale closes at 01/10/2024 13:00

  6. Done

FAQ

What is a Mining Power Unit (MPU)?

A Mining Power Unit (MPU) represents a fractional share of a real cryptocurrency mining facility. Think of it as owning a piece of a mining operation, similar to buying a share in a real estate property. Each MPU is a tokenized asset that grants you fractional ownership of the underlying mining facility. As an MPU holder, you will receive a proportional share of the mining rewards generated by the facility. These rewards can be claimed with a single click through our web app at: My Miners.

What is a Batch or Collection?

A Batch, also referred to as a Collection, is a unique cryptocurrency mining opportunity available for purchase. Each Batch represents a specific mining facility or project and is divided into equal shares called Mining Power Units (MPUs). For example, if a Bitcoin mining opportunity is valued at $1,000,000, it might be split into 10,000 MPUs, with each MPU priced at $100.

What does Hash Rate (H/R) mean?

Hash Rate (H/R) is a measure of the computational power of a mining facility. Each Batch or Collection has a total Hash Rate, which is equally distributed among the Mining Power Units (MPUs) in that Batch. For example, if a Bitcoin mining Batch has a total Hash Rate of 7,000 Terahash per second (TH/s) and consists of 1,000 MPUs, each MPU will represent a Hash Rate of 7 TH/s.

What should I do after purchasing MPUs during a sale?

After participating in a sale, follow the steps outlined in the "How to Buy" section of our website. Once the sale concludes, you will be prompted to either claim your Mining Power Units directly or provide a wallet address for the transfer, depending on the specific requirements of the Batch.

Can I sell my Mining Power Units on the secondary market?

Yes, you are free to buy and sell your Mining Power Units (MPUs) on secondary markets. These transactions can be conducted on popular NFT marketplaces such as OpenSea, Magic Eden, or Alphaga, among others.

When will I receive my Mining Power Units (MPUs) as NFTs?

After the sale ends, you will be able to claim your Mining Power Units in the form of NFTs. During the claiming process, the NFTs will be transferred directly to your provided wallet address.

When will mining rewards be distributed?

There may be a setup period of up to [Insert Number] weeks to fully launch the mining facilities after a sale. Once the facilities are operational, each Mining Power Unit (MPU) will begin earning mining rewards. These rewards can be claimed through our web app at: My Miners.

How are SOL Mining Rewards calculated?

SOL rewards are coming from mined BTC that are converted into zBTC tokens. There is no calculation involved in determining the reward amount. To ensure transparency, we will provide a monthly report detailing the exchanges performed to buy back SOL tokens on the secondary market.

How are $MINE token vesting distributions handled?

The $MINE tokens, which are the native tokens of WeMine and vested within the NFTs, will be unlocked on a monthly basis. Specific details regarding the vesting schedule and distribution process will be announced closer to the Token Generation Event (TGE), which is planned for Q4 2025.

What is the expected ROI?

The expected Return on Investment (ROI) is provided for informational purposes only. ROI represents the potential return generated before fees and capital restitution. Please note that these projections are based on historical data, and actual results may vary due to factors such as market volatility and mining difficulty. Past performance is not indicative of future results.