The Acceleration Plan adopts innovative designs as well as lower fees to help users recover their mining investment rapidly and react quickly to the changing market conditions.
Advantages of BitFuFu's Acceleration Return Plan Work:
- A lower hashrate fee
- Static breakeven days shorter: Flexible mode and lower risk
- Sharing mode friendly: The revenue before cost recovery belongs to the user, and the platform will share 40% of the profit after cost recovery
- Excellent miner performance: Bitmain exclusive S19i
Acceleration vs Classic Cloud Mining Plans:
When you go to the "Cloud Mining" section of the BitFuFu website, you will see that the Accelerated plans, unlike the Classic ones, have the “Acceleration” sign.
Don't look at the dollar price here. The fact is that this price is for 100 TH/s for the Accelerated plan and only 30 TH/s for the Classic plan. Therefore, such a difference in the final price. Look at the "Hashrate" indicator.
As we can see from the example of 360-day contracts that were sold on September 12, the classic contact has a hashrate fee of $0.1876 T/D, and the accelerated one - $0.1538 T/D.
And since our Service Charges bill is the same for both types of plans and is $ 0.0499 T/D, then we can confidently say that we will reach the break-even point choosing the Accelerated Plan earlier.
For the accuracy of calculations and in fairness, to the hashrate fee in the Accelerated Plans, you need to add the value of the "Service Fee", which is already taken into account in the price displayed on the site.
Acceleration Cloud Mining Plan Composition:
Let's use the example of the Accelerated Mining Plan for 360 days, which was sold on September 12, 2021.
Take a look what it consists of:
360-days Acceleration Mining Plan
-
The hashrate fee is taken for the entire duration of the mining plan.
-
By default Service Charges bills are charged for 10 days, but you can set up to entire duration of the mining plan by clicking "+" button.
-
Service charge is taken for the entire duration of the mining plan.
Once you reach the breakeven point of the mining plan, you will receive 60% of the net profit, and 40% will be taken by the miner's supplier. This is your payment for the fact that initially the mining plan is sold cheaper.
You pay 40% of your net surplus profit AFTER you've recaptured your initial investment. Fair deal.
Break-Even Point and Share Ratio:
The most important thing to know when choosing Accelerated Plans is how and when the profits will be split between you and your supplier.
The supplier sells you a miner rental at a cheaper rate, but at the same time wants to have a 40% share of the excess profit, which you will receive when you return your initial investment.
Example: Let's understand how the calculation of the break-even point works based on the operation of the Accelerated Mining Plan for 360 days, which we saw above.
As for 12 of September:
-
Current 1 TH/s Revenue = 0.00000667 BTC BTC rate = $ 46,000
-
We bought 100 TH/s
-
Our daily profit: 0.00066700 BTC
Do not forget that we have a minimum amount of 0.005 BTC, upon reaching which the first BTC from the mining pool that we have chosen will be transferred to our account (at the moment, Antpool is the best choice)
Mining Pool |
Minimum Payout Amount for Each Plan
|
Remaining Output after Plan Ends |
Antpool | 0.005 | 0.000054 |
F2pool | 0.005 | 0.0005 |
Poolin | 0.005 | 0.005 |
* Minimum payout amount:
If the client’s daily output is higher than 0.005BTC, Antpool will transfer the mining output to the client’s personal wallet. If the daily output is below 0.005BTC, the mining pool will transfer the mining output when the accumulated output reaches 0.005BTC.
* Remaining Output:
After an order is fulfilled, if you choose a personal wallet, the mining pool will send you a small payment within 48 hours after the plans when the remaining BTC output in the mining pool exceeds the minimum transfer threshold (above X BTC). If the remaining output is below the minimum threshold, it will stay in the mining pool.
Thus, after 8 days, your account or personal wallet will receive the first payment of 0.005+ BTC.
It will look like this:
AntPool Transfer
It turns out that even if you prepay only 10 days of Service Charges, on the 8th day you will already have 0.005 bitcoins on your funds, of which the system will withhold the payment for the next 3 days of Service Charges. The mining plan will run smoothly.
Break-Even Point:
For ease of calculations, we will not include in them a periodic change in the Difficulty of the Bitcoin Network, we will take as a rule that the Difficulty of the Network will not change and all 360 days we will receive an income from 100 TH/s of 0.00066700 BTC daily.
So our 360-day Accelerated Mining Plan:
-
Price = 5,752.3 USD
-
Daily mining output: 0.00066700 BTC
-
Daily Service Charges: 4.99 USD
Daily net profit (DNP) after Service Charges deduction for 1st day:
-
0.00066700 * $ 46,000 USD/BTC Rate - 4.99 USD = 30.68 USD
Suppose that for the first 50 days the BTC rate will not change, the daily profit will not change, then:
-
50 days * $ 30.68 DNP = $ 1534,
-
Plan Price of $ 5,752.3 / $ 1,534 * 100% = 26.67%
This means that we have already returned 26.67% of our $ 5,732 investment.
Suppose that for the second 133 days the BTC rate will be $ 55,000, and the daily profit will not change, then:
-
DNP = 0.00066700 * 55,000 USD/BTC Rate - 4.99 USD = 31,70 USD
-
133 days * $ 31.70 DNP = $ 4216
-
The amount for 183 (50+133) days will be $ 1,534 + $ 4,216 = $ 5,750.
Thus, 184 days will be the Break-Even Point for this example, when you have recouped your investment and the rest of the duration of the plan, you will receive profit from mining. But how much will you get?
Share Ratio:
BitFuFu's Accelerated Mining Plans are currently being offered for purchase with a 60% share ratio.
This means that on day 184 of our example, after the break-even point is passed, the following will happen:
Suppose that for the last 360 - 50 - 133 = 177 days the BTC rate will be $ 60,000, and the daily profit will not change, then:
-
DNP = 0.00066700 * 60,000 USD/BTC Rate - 4.99 USD = 35.03 USD
-
You will receive 60% of the DNP, and the miner supplier 40% of the DNP, then:
-
177 days * $ 35.03 DNP * 60% Share ratio = $ 3,720.2
It must be remembered that you bought only 10 days of Service Charges, and for 350 days you paid either from BTC transfer address or from USDT transfer address for $ 4.99 daily, which were deducted in the formulas for calculating DNP. In total, you spent another 1,746.5 dollars for additional 350 days of Service Charges.
-
Total spent: $ 7,499 ($ 5,752.3 for purchases and $ 1,746.5 for Service Charges bills)
-
Break-even point reached: day 184
-
With a 60% Share Ratio, in the remaining 177 days you earned: $ 3,720.2 - $ 1,746.5 = $ 1,973.7
-
This means that the profit relative to the investment would be +26%
Conclusion:
BitFuFu Accelerated Mining plans are able to consistently earn profit for you due to the lower cost of hashrate. Yes, after passing the break-even point, you will need to share the profit with the mining provider. But this will already be a profit, won't it?
And if you choose the Classic plan for a higher price, you may not reach the Breakeven Point and lose a few percent of your investment.
Tips
- Once Return progress≥100%, the rule of After the break-even point would start, and the whole process is irreversible.
- Acceleration plans earning only support payment to your BitFuFu funds and does not support address switching
-
Switch pool is not available for acceleration plans.
-
BitFuFu reserves all the right for the final explanation.
Comments
0 comments
Please sign in to leave a comment.