1. How to generate income?
The income generated by mining will be settled based on the purchased share of the computing power product. The more computing power you hold, the more income you will generate.
2. Is the income a digital currency or RMB?
Income refers to the digital currency produced by miners through leasing mining machines or cloud computing power mining. After deducting electricity and management fees, the platform will issue digital currency to the mining account.
3. When will the income be settled?
The estimated income is calculated from the actual operation of the digital asset network and will change dynamically and is for reference only. The actual mining income is the digital asset income after deducting the mining pool service fee. The mining pool service fee standard refers to https://help.poolin.com/hc/zh-cn/articles/360006827932. Mining income is recorded every minute. Yesterday's mining income is settled at 14:00 Beijing time every day and distributed every day (24h). The income can only be withdrawn when the amount specified by the platform is reached.
4. Why does the income of mining fluctuate?
The fluctuation of mining revenue is mainly affected by changes in computing power and difficulty adjustments.
1) Changes in computing power: The computing power output of the mining machine itself is a fluctuating process. Coupled with the influence of power, network, and mining machine status, the computing power will fluctuate greatly, which will lead to changes in income.
2) Difficulty adjustment: The difficulty of the entire network of encrypted digital currency will be adjusted every period, and the overall increase takes over. It is normal for miners to maintain their original computing power and their earnings will decline.