Star Project LBRY Launched on ViaBTC Mining Pool!Miners Can Enjoy Zero Fee and up to 15% subsidy

Image for post
Image for post

Days earlier, people found that one of the most famous video-sharing platform deleted lots of crypto-related videos, which caused discontent among the public. Censorship and bias are quite normal these days, and it forced some audience to search for alternative decentralized video sharing platforms, and LBRY has caused some people’s eyes.

Built on the blockchain technology and concept, LBRY is a truly open source digital content sharing platform. Anyone can publish or interact with the LBRY network, no permission or censorship from the official team is needed. Another huge advantage is that, it doesn’t track users behaviors and there’s no annoying advertisement. Remember how many times that you have to endure horrible ads before you could enjoy videos?

LBRY is more than just a video sharing platform. It’s a new peer to peer protocol, decentralized file sharing and payment network. Anyone can build apps on top of LBRY protocol that interact with digital content on the LBRY network.

LBRY Credits, or LBC, are the unit of account for LBRY. There will be 1,000,000,000 LBC in total in the future. Users can receive LBC as rewards by completing tasks such as watching videos on the platform, and LBC can also be used as tips for content creators.

ViaBTC won’t miss such a good project. ViaBTC has launched LBC mining pool, and supported its deposit and withdrawal on July 8, 2020 (UTC). Also, a “LBC Coinival” is open to all LBC miners. The details are as follows.

Event 1: Enjoy 30-day ZERO pool fee

  1. Duration: July 9 — August 9, 2020 (UTC)

2. Rule: During the event, all LBC miners are qualified to enjoy ZERO pool fee for a month, and the fee rate will be resumed after the event.

Event 2: Get 15% of returns as subsidy

  1. Duration: July 9 — August 9, 2020 (UTC)

2. Rule: All LBC miners can get up to 15% of LBC mining returns as subsidy.

Mining in LBC pool > 30 days, get 15% of LBC returns as subsidy

Mining in LBC pool > 20 days, get 10% of LBC returns as subsidy

Mining in LBC pool > 10 days, get 5% of LBC returns as subsidy

For example: if miner A and B have mined in LBC pool for 20 days and 21 days respectively, then

A’s Subsidy = Total LBC returns during the event * 5%

B’s Subsidy = Total LBC returns during the event * 10%

3. Subsidy allocation: Rewards will be counted and distributed within 7 days after the event. Please check your email.

Don’t hesitate and happy mining! www.viabtc.com

Written by

Via Bitcoin, Making World a Better Place.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store