Bitcoin Mining
Our goal is to organize
mining farms using the proceeds.
mining farms using the proceeds.
With the proceeds from the sale of NFT generators, Avrora will buy bitcoin (BTC) mining equipment.
All owners who upgraded their NFT generator up to level 15 will be able to receive not only AVR, but also bitcoins (BTC).
Bitcoins will be distributed according to a certain algorithm among the owners of NFT generators upgraded to level 15.
Epic
Legendary
The work of the mining farms will be broadcasted on the official Avrora website 24 hours a day, 7
days a week online.
Profit from the mining farms, after deducting the costs of rent, taxes, electricity, etc., will be
distributed as follows:
40% to the owners, proportionally to the price of their level 15 NFT generators;
40% to Avrora; 20% - will be reserved for the purchase of mining equipment, etc.
40% to the owners, proportionally to the price of their level 15 NFT generators;
40% to Avrora; 20% - will be reserved for the purchase of mining equipment, etc.
To reach the 15th level, it takes about 4 months per NFT generator:
an additional part of level 1 is installed within 1 day;
an additional part of level 2 is installed in 2 days;
an additional part of level 15 is installed in 15 days.
The total number of bitcoins that can be mined is 21 million. 18.6 million BTC, almost 90%, have been already mined. There is just over 10% or about 2.2 million BTC left to mine. At the current mining rate, the last BTC will be mined in about 120 years!
As the years go by, the price of BTC, considering the periods of falling in the bear market and the periods of its growth in the bull market, will only grow. Even though bitcoin mining becomes more and more difficult with time, due to its price growth, mining remains a promising and stable direction to maintain the project.
Profit allocation
Bitcoins, received from mining, are credited to users daily, their amount can be seen at any time in the account. At the same time, payments are made once a month.
- The amount of profit received from mining is divided by the total number of efficiency units of all owners of NFT generators.
- 1 unit of efficiency (UE) = 100 AVR. An efficiency unit can only be a whole number, decimals are cut off.
- For example, if the sum of all Level 15 NFT generators is 1,000,000 AVR, this equals 10,000 units of efficiency (UE).
- Dividing the amount of mining profit by the number of efficiency units in the reporting period, we get the efficiency coefficient (EC).
- Multiplying the number of efficiency units (UE) by the efficiency coefficient (EC) we obtain the amount of profit from mining
