bitse
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Joined: Mon Dec 12, 2016 2:30 am

Tradeable, Auditable, Zcash Cloud Mining Contracts

Mon Dec 12, 2016 4:49 am

Tradeable, Auditable, Zcash Cloud Mining Contracts
Due to the success of our first round of cloud mining contracts, BitSE, will offer 3,500 BTC and 150,000 Ether worth of additional ZMC on Yunbi.com’s trading platform. Contracts of ZMC’s second offering will be available until December 19th, 2016 and start paying profits as of January 19, 2017.

What is ZMC?
ZMC or Zcash Mining Certificates are a tradeable digital asset representing 0.05 H/s on the Zcash (ZEC) network. Participants use ZMC as rights for ZEC mining shares. ZMC will continue sharing mining profits of ZEC until the first halving of Zcash or longer if profitable. If a user holds ZMC in their account, they will receive the mining profits proportionally each day at 4:00 a.m. Beijing Time. The profits will be settled in ZEC.

Complementary Hash for ZMC
All existing ZMC holders and those who purchase rights to BitSE’s second offering before 12 pm, 15th December 2016 (Beijing Time) will receive 0.15 additional ZMC for every ZMC held or purchased.

For all ZMC holders as of 12 pm, 28th January 2017 (Beijing Time) a second complementary batch of ZMC will be given, 0.4 ZMC for every ZMC held in your Yunbi account.

BitSE’s hash rate can be tracked here:
http://zcash.flypool.org/miners/t1afdgd ... UdS5tFuXM4

To take part in ZMC’s Bitcoin crowdsale and for more information visit:

https://yunbi.com/crowdsale/plans/zcash ... te_bitcoin

To take part in ZMC’s Ether crowdsale and for more information visit:
https://yunbi.com/crowdsale/plans/zcash ... e_ethereum

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