Transparency of the system: all operations and processes such as minting and distribution of tokens,
payment of profit, and controlling the validation of processes are done by smart contracts and open
source software so users can monitor the operations
Given that half of the mining profit belongs to Crytech, it makes no sense for the project to be a
scam. Growing the number of investors and tokens is a more profitable workaround.
What happens when
Bitcoin price drops or difficulty increases?
We have almost the cheapest electricity among miners. So we can keep devices working when others are
turning theirs off. This means we make profit even when others shut their miners down.
Another workaround is buying devices with less power consumption and replace with old devices.
What is the
minimum payout?
Payment is made weekly and the minimum is 0.05 ETH
How does the smart
contract mint tokens?
Smart contract knows how many hashrates should exist for 1 token. It gets total hashrate of CryTech
network from pools, checks the given hashrate with circulating tokens, if the hashrate is more than
the calculated hashrate, then it generates enough tokens to equalize the number of tokens with the
existing hashrate.
Why does CryTech
take 50% of profit?
Mining has a lot of challenges and the profit should be enough to overcome the challenges.
With 50% of profit, you still gain more with us compared with other mining platforms, unlike
which we only benefit when you benefit.
Do not trust those who claim to receive a little profit. There are many scam projects in
blockchain and crypto-currencies that offer tempting suggestions.
50% of profit can compensate the necessary costs for fixing any unforeseen problems even
massacres such as floods, fires, etc... to ensure that the payment of the holders is ensured under any
circumstances.
