In the world of cryptocurrency, mining has always been the core mechanism of projects like Bitcoin. However, traditional mining requires expensive hardware, vast energy consumption, and complicated maintenance. Now BitEqual (BTE) breaks this barrier, bringing a brand new mining model—decentralized virtual mining, allowing everyone to easily participate without physical equipment, without high costs, all transparently running on the blockchain! Let's take a deeper look at BitEqual (BTE):

What is BitEqual (BTE)?

BitEqual is a completely decentralized virtual mining protocol, inspired by Bitcoin, but adopting an innovative virtual proof-of-work mechanism. Users mine through smart contract-driven virtual devices, and rewards are fairly distributed based on participants' computing power shares. Everything runs transparently on-chain, with no randomness, no central control, truly achieving openness, fairness, and transparency.

Core features of BTE:

Fixed supply

Like Bitcoin, BTE has a fixed total supply of 21 million coins, and its scarcity ensures its long-term value.

Halving mechanism

A reward halving occurs every 4 million blocks, with an initial block reward of 25 BTE, gradually decreasing until fully released.

Virtual mining equipment

Users can choose different levels of virtual mining rigs, from 100 GH/s to 1,600,000 GH/s. The higher the computing power, the greater the earnings.

Fair reward distribution

Each block reward is distributed according to the user's computing power share, with a simple formula:

User rewards = (User computing power / Total network computing power) × Block reward

On-chain transparency

All mining, reward distribution, and transactions are publicly traceable on the blockchain, ensuring complete transparency.

How to participate in BTE mining?

Obtain virtual mining rigs

Purchase virtual mining rigs in the BTE ecosystem, choosing a computing power level that fits your budget.

Start mining

Virtual mining rigs will automatically provide you with computing power, and rewards will be distributed proportionally without complex operations.

Why choose BitEqual?

Zero hardware costs: No need to purchase mining machines, saving a lot of money.

Eco-friendly and energy-saving: Virtual mining does not consume real electricity, making it greener and more environmentally friendly.

Fair and transparent: All rules are executed by smart contracts, with no human intervention.

Recommended earnings: Easily earn extra rewards through the referral mechanism.

We love Bitcoin.

But it no longer belongs to us.

It was born from freedom.

But it has already been tamed by Wall Street.

We cannot afford 1 BTC.

We cannot mine it.

We can only watch.

So we created BitEqual, upholding the same spirit, pursuing scarcity.

At a distance.

But simpler, lighter, and cheaper.

No hardware, factories, or validators.

Only code, completely on-chain, equal for everyone.

Let us revive Satoshi's spirit.

Thoughts of freedom, a wallet, and a new beginning.

BitEqual - Making Bitcoin equal again.

This is the declaration of BTE, with few words but deeply striking our hearts. We can no longer afford BTC, but we can afford BTE. Just like many miners achieved financial freedom through mining in the early days of BTC. Now the second BTC has come out; it may not catch up with BTC, but even a part of it can bring us decent profits!

Link: https://www.bitequal.org/homerefer=0xd3b5AF3984674c056C72cF6F333C6BbD4fBBEF4e