=========2020.3.12========
PC-Miner V.1.2.66 Mac Version(English, Chinese), Windows Version (English, Chinese) have been uploaded to the official website and Github
Details: https://medium.com/@biut.io/pc-miner-v-1-2-66-mac-windows-stable-version-release-8d0834e6be57
Topic: [ANN] PC-Miner 1.2.66- CPU/POS/POW PC/Web Mining (Read 324 times)
https://medium.com/@biut.io/the-explanation-of-biu-output-reduce-in-pc-miner-v1-0-66-ca56bec525d6
BIUT team upgrades two versions PC-Miner and make some adjustments on V1.2.66 and receiving many requirements about the BIU output from the Chinese Community. The followings are the details for the explantation of upgrade.
First of all, BIU output will be adjusted every three months(One phase) depends on the demands of the whole main net(Refer to the white paper), this is according to the economic model of the public chain, it is unmendable. The following versions will be automatically executed.
Secondly, The economic model of BIU is different from Bitcoin, Which halves in 4 years and the attendants take advantage of joining early. In the BIU economic model, one half of the BIU output decided by the users’ demands and the remaining halve in four years. It meets the tendency of blockchain industry and also benefits the sustainable development and fair environment for public chain
The last one, The BIU output may be higher or lower in the next phase(after three months), it depends on the development of the application. The BIU output will increase even higher If the upcoming applications run smoothly.
BIUT Public chain was developed for about two and a half year, it launches only about 6 months and currently at the early stage. Therefore, the Chinese community promoted the ‘Great Navigation Plan’ for PC-Miner. There are multiple parties that take part in mining. We need to make adjustments according to the rule and code. During the next stage, we will take the advice provided by the main participants and the Chinese community into considerations to make PC-Miner better.
The BIU output of every three months was written in the white paper and not adjustable by the technical team. Our technical team is working on the application(suppose to launch on season 2), we apologize for the inconvenience that the constantly main net upgrading caused.
BIU output adjustments formula of every three months(The more BIUT transactions volume, the more BIU will be mined.)
The second-phase calculation adjustment:
The real transactions amount in the first-phase= ((550307–240250*2)/7)*3=29917.28571428571
Output adjustment: Square root of First-phase BIU total transaction volume/0-phase BIU transaction volume
= Square root of (29917.28571428571 / 10000000))
= 0.05469643
BIU output of next phase=Previous phase output* Output adjustment
=6.94445*0.05469643
=0.3798
For example: Lock up 100000 BIUT, each block contains 6.94445 in the previous phase. Then each block contains 0.3798 BIU in the next phase.
Download PC-Miner on https://www.biut.io/dapp
Join Our Discord Community: https://discord.gg/b4Mjuu
Telegram: https://t.me/BIUTBlock
BIUT team upgrades two versions PC-Miner and make some adjustments on V1.2.66 and receiving many requirements about the BIU output from the Chinese Community. The followings are the details for the explantation of upgrade.
First of all, BIU output will be adjusted every three months(One phase) depends on the demands of the whole main net(Refer to the white paper), this is according to the economic model of the public chain, it is unmendable. The following versions will be automatically executed.
Secondly, The economic model of BIU is different from Bitcoin, Which halves in 4 years and the attendants take advantage of joining early. In the BIU economic model, one half of the BIU output decided by the users’ demands and the remaining halve in four years. It meets the tendency of blockchain industry and also benefits the sustainable development and fair environment for public chain
The last one, The BIU output may be higher or lower in the next phase(after three months), it depends on the development of the application. The BIU output will increase even higher If the upcoming applications run smoothly.
BIUT Public chain was developed for about two and a half year, it launches only about 6 months and currently at the early stage. Therefore, the Chinese community promoted the ‘Great Navigation Plan’ for PC-Miner. There are multiple parties that take part in mining. We need to make adjustments according to the rule and code. During the next stage, we will take the advice provided by the main participants and the Chinese community into considerations to make PC-Miner better.
The BIU output of every three months was written in the white paper and not adjustable by the technical team. Our technical team is working on the application(suppose to launch on season 2), we apologize for the inconvenience that the constantly main net upgrading caused.
BIU output adjustments formula of every three months(The more BIUT transactions volume, the more BIU will be mined.)
The second-phase calculation adjustment:
The real transactions amount in the first-phase= ((550307–240250*2)/7)*3=29917.28571428571
Output adjustment: Square root of First-phase BIU total transaction volume/0-phase BIU transaction volume
= Square root of (29917.28571428571 / 10000000))
= 0.05469643
BIU output of next phase=Previous phase output* Output adjustment
=6.94445*0.05469643
=0.3798
For example: Lock up 100000 BIUT, each block contains 6.94445 in the previous phase. Then each block contains 0.3798 BIU in the next phase.
Download PC-Miner on https://www.biut.io/dapp
Join Our Discord Community: https://discord.gg/b4Mjuu
Telegram: https://t.me/BIUTBlock
PC-Miner 1.2.66 New version has uploaded to the official website: https://www.biut.io
You can download on this site: https://www.biut.io/dapp
Put the new "Data" folder to in your installation folder to start quick mining
New "Data" folder download link: https://mega.nz/#F!BtEUiKoJ!BND6yuX1S5cZOmJ5Q-zm5g
You can download on this site: https://www.biut.io/dapp
Put the new "Data" folder to in your installation folder to start quick mining
New "Data" folder download link: https://mega.nz/#F!BtEUiKoJ!BND6yuX1S5cZOmJ5Q-zm5g
PC-Miner 1.2.62 New version has uploaded to the official website: https://www.biut.io
You can download on this site: https://www.biut.io/dapp
-Improved BIU blocks output efficiency
-Reduced verification time
-Improved Blocks syncing time
-Fixed balance and total profits display problems
There are many changes in the new version so you should uninstall the old PC-Miner before you install a new PC-Miner.
Then delete the old "Data" folder and put the new "Data" folder to in your installation folder.
New "Data" folder download link: https://mega.nz/#F!BtEUiKoJ!BND6yuX1S5cZOmJ5Q-zm5g
You can download on this site: https://www.biut.io/dapp
-Improved BIU blocks output efficiency
-Reduced verification time
-Improved Blocks syncing time
-Fixed balance and total profits display problems
There are many changes in the new version so you should uninstall the old PC-Miner before you install a new PC-Miner.
Then delete the old "Data" folder and put the new "Data" folder to in your installation folder.
New "Data" folder download link: https://mega.nz/#F!BtEUiKoJ!BND6yuX1S5cZOmJ5Q-zm5g
Happy Thursday!
V1.2.61 https://github.com/BIUT-Block/biutblock-client-pool/releases/tag/1.2.61 Fixed a small bug
V1.2.60 https://github.com/BIUT-Block/biutblock-client-pool/releases/tag/1.2.60 Modify BIU output efficiency.
Announcement
The latest PC-Miner of rebuilding staging tree will be released tomorrow. The current low efficiency of blocks output and the mining pool balance display problems will be resolved within two versions. Thank you for bear with us while we are upgrading.
The latest PC-Miner of rebuilding staging tree will be released tomorrow. The current low efficiency of blocks output and the mining pool balance display problems will be resolved within two versions. Thank you for bear with us while we are upgrading.
Mining tutorial
Web Mininig and PC-Miner guide ：http://mining.biut.io/#/walletHelp
KOREAN: https://medium.com/@biut.io/%EC%9B%B9-%EB%A7%88%EC%9D%B4%EB%8B%9D-%EC%A7%80%EA%B0%91-pc-miner-%ED%8A%9C%ED%86%A0%EB%A6%AC%EC%96%BC-ed931fea3f72
others tutorial article:https://www.publish0x.com/crypto-tricks/biut-simple-pc-miner-mining-tutorial-xmjpej
Video: (if you choose to join the mining pool, you can't use the SAME wallet to mine on PC-Miner)
PC-Miner: https://youtu.be/4QEKTydFwc4
Join Mining pool: https://youtu.be/BWsoFfljw48
Web Mininig and PC-Miner guide ：http://mining.biut.io/#/walletHelp
KOREAN: https://medium.com/@biut.io/%EC%9B%B9-%EB%A7%88%EC%9D%B4%EB%8B%9D-%EC%A7%80%EA%B0%91-pc-miner-%ED%8A%9C%ED%86%A0%EB%A6%AC%EC%96%BC-ed931fea3f72
others tutorial article:https://www.publish0x.com/crypto-tricks/biut-simple-pc-miner-mining-tutorial-xmjpej
Video: (if you choose to join the mining pool, you can't use the SAME wallet to mine on PC-Miner)
PC-Miner: https://youtu.be/4QEKTydFwc4
Join Mining pool: https://youtu.be/BWsoFfljw48
BIT TRUST SYSTEM: https://coinmarketcap.com/currencies/bit-trust-system/
Latest POW+POS Mining software: https://www.biut.io/dapp
Announcement
The latest PC-Miner of rebuilding staging tree will be released tomorrow. The current low efficiency of blocks output and the mining pool balance display problems will be resolved within two versions. Thank you for bear with us while we are upgrading.
V1.2.60 https://github.com/BIUT-Block/biutblock-client-pool/releases/tag/1.2.60 Modify BIU output efficiency.
V1.2.61 https://github.com/BIUT-Block/biutblock-client-pool/releases/tag/1.2.61 Fixed a small bug
=============2020.01.16===============
PC-Miner 1.2.62 New version has uploaded to the official website: https://www.biut.io
You can download on this site: https://www.biut.io/dapp
-Improved BIU blocks output efficiency
-Reduced verification time
-Improved Blocks syncing time
-Fixed balance and total profits display problems
There are many changes in the new version so you should uninstall the old PC-Miner before you install a new PC-Miner.
Then delete the old "Data" folder and put the new "Data" folder to in your installation folder.
New "Data" folder download link: https://mega.nz/#F!BtEUiKoJ!BND6yuX1S5cZOmJ5Q-zm5g
=========2020.2.7========
PC-Miner 1.2.66 New version has uploaded to the official website: https://www.biut.io
You can download on this site: https://www.biut.io/dapp
Put the new "Data" folder to in your installation folder to start quick mining
New "Data" folder download link: https://mega.nz/#F!BtEUiKoJ!BND6yuX1S5cZOmJ5Q-zm5g
=========2020.3.12========
PC-Miner V.1.2.66 Mac Version(English, Chinese), Windows Version (English, Chinese) have been uploaded to the official website and Github
Details: https://medium.com/@biut.io/pc-miner-v-1-2-66-mac-windows-stable-version-release-8d0834e6be57
BIUT Introduction
Bit Trust System is an electronic trust system that is completely implemented by peer-to-peer technology. It is a system-level trust program based on blockchain and algorithm implementation. It ensures that both parties to a transaction can complete transactions online through algorithms. There is no need for any centralization organization. BIUT solves the key problem of trust reconfiguration in the new economy and new financial fields such as E-commerce, sharing economy, P2P, crowdfunding, etc. It is an essential way for developers, businesses, and users to open the door to the digital economy.
• Website: https://www.biut.io
• Software and Apps：https://www.biut.io/dapp
• Mining Wallet: http://mining.biut.io
• Facebook: https://www.facebook.com/BIUTBIU
• Twitter: https://twitter.com/BIUTBlock
• Instagram: https://instagram.com/biut_block/
• Reddit: https://www.reddit.com/r/BIUT
• Medium: https://medium.com/@biut.io
Our Global Community
Discord server: https://discord.gg/4dYFwYA
BIUT English Community: https://t.me/BIUTBlock
BIUT中国社区: https://t.me/BIUTBlockChinese
BIUT Background
Bitcoin resolved a single-way transfer trust problem.
Ethereum resolved token/coin exchange trust problem.
Bitcoin and Ethereum dominate the 80% global market value of cryptocurrency
Both of them prove that the true value of blockchain technology is to solve the trust problem.
BIUT is the third public chain after the Ethereum launch and is the trust mechanism of the underlying system in the digital economy age.
BIUT Turing period mainly applies to new economy fields such as P2P, C2C, Crowdsourcing, crowdfunding. etc. It is the “Google” in the value internet.
BIUT is the third generation public chain originated from MAIZUO. The early investors are constant internet entrepreneurs, hackers, and organization investors. 12 Ph.Ds and Masters of Stuttgart university make up BIUT public chain technical team in German.
The public chain technology use multiply chains structure, two-coin model, written in JavaScript and also have good expandability. The autonomous domain technology can adapt chains cross and the node community technology can support low computational power POW mining. The modular design can also attain one-click chain creation and coin distribution.
BIUT two coins model
BIUT(Trust coin) is the application coin, the total amount is 1.5 billion. BIUT uses to as trust mortgage, gatekeeper mining. 80% of the total amount will be locked up 3 years, the left BIUT distributes to the foundation and community.
BIU(Trust token) is the network coin, the total amount is 1.5 billion. BIU uses to pay gas fees and smart contracts. All of BIU will be mined by BIUT miners. Otherwise, 750 million BIU not only mined by miners but also as the mining rewards rewarded by Foundation. The rewards mechanism will adjust every 3 months based on the activity of the whole network. The left 750 million of total BIU will halve in 4 years just like Bitcoin.
BIUT main net launched on April 30, 2019. It has been stably running for about 5 months. In order to meet the network security, stability, and TPS demands of our next applications(eg. P2P). BIUT develop team launched full nodes mining wallet — — PC-Miner, which officially announced the start of BIUT public chain global mining nodes building plan — — BIUT Great Navigation Plan
BIUT Great Navigation Plan
Goal：Build 10000 mining nodes and 100 mining pool nodes
Time：1 year
Mining tool：PC-Miner
Mining method：Mortgage BIUT, mine BIU
Participate： Invitation code
Profits mechanism：mining profits, referral profits, mining pool profits, Premium profits.
PC-Miner Benefits mode ：
Bronze Miner
Conditions：
At least mine 10000 BIUT to start mining BIUT. Mortgaged BIUT will lock up one year. The more BIUT you mortgage, the more BIU will be mined.
Direct miner referrals：0–9
Profits：
Mining reward:
Foundation rewards the same amount of BIU, automatically distribute to the wallet.
Referral:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Upgrade reward：0
Silver Miner
Conditions：
At least mine 10000 BIUT to start mining BIUT. Mortgaged BIUT will lock up one year. The more BIUT you mortgage, the more BIU will be mined.
Direct miner referrals：10–31
Profits：
Mining reward
Foundation rewards the same amount of BIU, automatically distribute to the wallet.
Referral:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Upgrade reward：1000 BIUT (Foundation will automatically distribute the rewards to your wallet)
Gold Miner
Conditions：
At least mine 10000 BIUT to start mining BIUT. Mortgaged BIUT will lock up one year. The more BIUT you mortgage, the more BIU will be mined.
Direct miner referrals：32–63
Profits：
Mining reward
Foundation rewards the same amount of BIU, automatically distribute to the wallet.
Referral:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Upgrade reward：5000 BIUT (Foundation will automatically distribute the rewards to your wallet)
Super Miner
Conditions：
At least mine 10000 BIUT to start mining BIUT. Mortgaged BIUT will lock up one year. The more BIUT you mortgage, the more BIU will be mined.
Direct miner referrals：More than 64
Profits：
Mining reward
Foundation rewards the same amount of BIU, automatically distribute to the wallet.
Referral:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Upgrade reward：10000 BIUT and 20000 BIUT rewards for every 100 referrals (Foundation will automatically distribute the rewards to your wallet)
Mining pool node
Condition（Meet any of below conditions）：
① BIUT 510,000 mortgage miner（mortgage 10000 BIUT first and then mortgage 500,000 BIUT will have mining pool open qualification.
②Gold miner mortgage 100,000 BIUT will have mining pool open qualification.
Profits：
Mining profit:
Direct referral miner mortgage BIUT to the mining pool. The distribution of the mining profits is 15% to the mining pool owner and 85% to the direct referral miner.
Foundation rewards same amount BIU( the original mining amount and 15% referral mining profits)
Special reminder：
①Gather 100 miners within 100 days, the mining rewards(Foundation reward)，will pay one-time. After 100 days, mining rewards will pay real-time.
②Gather 100 miners after 100 days, the mining rewards(Foundation reward)，within 100 days will not paid. After 100 days, mining rewards will pay real-time.
Referral profit:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT in your mining pool, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT in your mining pool, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Promotion contribution: 3% reward of new miner
Special reminder：
①Gather 100 miners within 100 days, the 3% referral rewards(Foundation reward)，will pay one-time. After 100 days, additional referral rewards will pay real-time.
②Gather 100 miners after 100 days, the 3% referral rewards collected within 100 days will not be paid. After 100 days, the 3%referral rewards will pay real-time.
Latest event
Latest POW+POS Mining software: https://www.biut.io/dapp
Announcement
The latest PC-Miner of rebuilding staging tree will be released tomorrow. The current low efficiency of blocks output and the mining pool balance display problems will be resolved within two versions. Thank you for bear with us while we are upgrading.
V1.2.60 https://github.com/BIUT-Block/biutblock-client-pool/releases/tag/1.2.60 Modify BIU output efficiency.
V1.2.61 https://github.com/BIUT-Block/biutblock-client-pool/releases/tag/1.2.61 Fixed a small bug
=============2020.01.16===============
PC-Miner 1.2.62 New version has uploaded to the official website: https://www.biut.io
You can download on this site: https://www.biut.io/dapp
-Improved BIU blocks output efficiency
-Reduced verification time
-Improved Blocks syncing time
-Fixed balance and total profits display problems
There are many changes in the new version so you should uninstall the old PC-Miner before you install a new PC-Miner.
Then delete the old "Data" folder and put the new "Data" folder to in your installation folder.
New "Data" folder download link: https://mega.nz/#F!BtEUiKoJ!BND6yuX1S5cZOmJ5Q-zm5g
=========2020.2.7========
PC-Miner 1.2.66 New version has uploaded to the official website: https://www.biut.io
You can download on this site: https://www.biut.io/dapp
Put the new "Data" folder to in your installation folder to start quick mining
New "Data" folder download link: https://mega.nz/#F!BtEUiKoJ!BND6yuX1S5cZOmJ5Q-zm5g
=========2020.3.12========
PC-Miner V.1.2.66 Mac Version(English, Chinese), Windows Version (English, Chinese) have been uploaded to the official website and Github
Details: https://medium.com/@biut.io/pc-miner-v-1-2-66-mac-windows-stable-version-release-8d0834e6be57
BIUT Introduction
Bit Trust System is an electronic trust system that is completely implemented by peer-to-peer technology. It is a system-level trust program based on blockchain and algorithm implementation. It ensures that both parties to a transaction can complete transactions online through algorithms. There is no need for any centralization organization. BIUT solves the key problem of trust reconfiguration in the new economy and new financial fields such as E-commerce, sharing economy, P2P, crowdfunding, etc. It is an essential way for developers, businesses, and users to open the door to the digital economy.
• Website: https://www.biut.io
• Software and Apps：https://www.biut.io/dapp
• Mining Wallet: http://mining.biut.io
• Facebook: https://www.facebook.com/BIUTBIU
• Twitter: https://twitter.com/BIUTBlock
• Instagram: https://instagram.com/biut_block/
• Reddit: https://www.reddit.com/r/BIUT
• Medium: https://medium.com/@biut.io
Our Global Community
Discord server: https://discord.gg/4dYFwYA
BIUT English Community: https://t.me/BIUTBlock
BIUT中国社区: https://t.me/BIUTBlockChinese
BIUT Background
Bitcoin resolved a single-way transfer trust problem.
Ethereum resolved token/coin exchange trust problem.
Bitcoin and Ethereum dominate the 80% global market value of cryptocurrency
Both of them prove that the true value of blockchain technology is to solve the trust problem.
BIUT is the third public chain after the Ethereum launch and is the trust mechanism of the underlying system in the digital economy age.
BIUT Turing period mainly applies to new economy fields such as P2P, C2C, Crowdsourcing, crowdfunding. etc. It is the “Google” in the value internet.
BIUT is the third generation public chain originated from MAIZUO. The early investors are constant internet entrepreneurs, hackers, and organization investors. 12 Ph.Ds and Masters of Stuttgart university make up BIUT public chain technical team in German.
The public chain technology use multiply chains structure, two-coin model, written in JavaScript and also have good expandability. The autonomous domain technology can adapt chains cross and the node community technology can support low computational power POW mining. The modular design can also attain one-click chain creation and coin distribution.
BIUT two coins model
BIUT(Trust coin) is the application coin, the total amount is 1.5 billion. BIUT uses to as trust mortgage, gatekeeper mining. 80% of the total amount will be locked up 3 years, the left BIUT distributes to the foundation and community.
BIU(Trust token) is the network coin, the total amount is 1.5 billion. BIU uses to pay gas fees and smart contracts. All of BIU will be mined by BIUT miners. Otherwise, 750 million BIU not only mined by miners but also as the mining rewards rewarded by Foundation. The rewards mechanism will adjust every 3 months based on the activity of the whole network. The left 750 million of total BIU will halve in 4 years just like Bitcoin.
BIUT main net launched on April 30, 2019. It has been stably running for about 5 months. In order to meet the network security, stability, and TPS demands of our next applications(eg. P2P). BIUT develop team launched full nodes mining wallet — — PC-Miner, which officially announced the start of BIUT public chain global mining nodes building plan — — BIUT Great Navigation Plan
BIUT Great Navigation Plan
Goal：Build 10000 mining nodes and 100 mining pool nodes
Time：1 year
Mining tool：PC-Miner
Mining method：Mortgage BIUT, mine BIU
Participate： Invitation code
Profits mechanism：mining profits, referral profits, mining pool profits, Premium profits.
PC-Miner Benefits mode ：
Bronze Miner
Conditions：
At least mine 10000 BIUT to start mining BIUT. Mortgaged BIUT will lock up one year. The more BIUT you mortgage, the more BIU will be mined.
Direct miner referrals：0–9
Profits：
Mining reward:
Foundation rewards the same amount of BIU, automatically distribute to the wallet.
Referral:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Upgrade reward：0
Silver Miner
Conditions：
At least mine 10000 BIUT to start mining BIUT. Mortgaged BIUT will lock up one year. The more BIUT you mortgage, the more BIU will be mined.
Direct miner referrals：10–31
Profits：
Mining reward
Foundation rewards the same amount of BIU, automatically distribute to the wallet.
Referral:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Upgrade reward：1000 BIUT (Foundation will automatically distribute the rewards to your wallet)
Gold Miner
Conditions：
At least mine 10000 BIUT to start mining BIUT. Mortgaged BIUT will lock up one year. The more BIUT you mortgage, the more BIU will be mined.
Direct miner referrals：32–63
Profits：
Mining reward
Foundation rewards the same amount of BIU, automatically distribute to the wallet.
Referral:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Upgrade reward：5000 BIUT (Foundation will automatically distribute the rewards to your wallet)
Super Miner
Conditions：
At least mine 10000 BIUT to start mining BIUT. Mortgaged BIUT will lock up one year. The more BIUT you mortgage, the more BIU will be mined.
Direct miner referrals：More than 64
Profits：
Mining reward
Foundation rewards the same amount of BIU, automatically distribute to the wallet.
Referral:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Upgrade reward：10000 BIUT and 20000 BIUT rewards for every 100 referrals (Foundation will automatically distribute the rewards to your wallet)
Mining pool node
Condition（Meet any of below conditions）：
① BIUT 510,000 mortgage miner（mortgage 10000 BIUT first and then mortgage 500,000 BIUT will have mining pool open qualification.
②Gold miner mortgage 100,000 BIUT will have mining pool open qualification.
Profits：
Mining profit:
Direct referral miner mortgage BIUT to the mining pool. The distribution of the mining profits is 15% to the mining pool owner and 85% to the direct referral miner.
Foundation rewards same amount BIU( the original mining amount and 15% referral mining profits)
Special reminder：
①Gather 100 miners within 100 days, the mining rewards(Foundation reward)，will pay one-time. After 100 days, mining rewards will pay real-time.
②Gather 100 miners after 100 days, the mining rewards(Foundation reward)，within 100 days will not paid. After 100 days, mining rewards will pay real-time.
Referral profit:
Level 1: 8% BIUT mortgage amount. For example, direct referral mortgage 10000 BIUT in your mining pool, you will get 10000*8 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Level 2: 3 % mortgage amount. For example, your direct referral invite one friend to mortgage 10000 BIUT in your mining pool, you will get 10000*3 %=300 BIUT (Foundation will automatic distribute the rewards to your wallet)
Promotion contribution: 3% reward of new miner
Special reminder：
①Gather 100 miners within 100 days, the 3% referral rewards(Foundation reward)，will pay one-time. After 100 days, additional referral rewards will pay real-time.
②Gather 100 miners after 100 days, the 3% referral rewards collected within 100 days will not be paid. After 100 days, the 3%referral rewards will pay real-time.
Latest event
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