As part of the multi-token mining experience, mining Bitcoin or “BTC Mining” on the DataDash app is super easy.
In order to start mining BTC, you need to fulfil the following prerequisites:
- Have at least one active M2 Pro miner
- Bond at least 5,000 MXC for 90 days
- Have at least 90% Miner Health
And to continuously mine BTC, the following conditions must be fulfilled at all times while mining:
- Minimum total bonded token of 5,000 MXC (can be in several bonds on the same miner)
- Minimum Miner Health of 90%
As example: If your total bonded token is less than 5,000 MXC or/and your miner health drops below 90%, BTC mining will stop until you fulfil the mining conditions again. You will see a warning in your app (under the miner) showing the reason why BTC mining stopped.
BTC mining is on a per-miner basis, therefore, bonding MXC can be done for each miner. There is no cap on bonding amount, so the more significant the bond, the greater the mining performance.
You also have a choice to increase your BTC mining power by bonding more MXC whenever you want, simply with just a few clicks on the app. More information on this can be found here.
MXC that is bonded to participate in BTC mining will be bonded for a period of 90 days; this will automatically recur, with a five-day cooling-off period towards the end of each period. Since BTC mining is now permanently implemented, it is up to you to choose what amount of MXC you bond and for how long you wish to keep your MXC bonded - this is power, completely in your hands!
You can check out more info on BTC mining in this article and further reading on the DKP analysis is available here.