Fractal Bitcoin is a bit abstract? Not sure how to play it? This post can be your reference for getting started!

1️⃣ Project introduction and progress

2️⃣ Token Economics: 50% of the airdrop will be allocated to miners❗️

3️⃣ Three mining methods: only one is best for retail investors❗️

4️⃣ Other related projects

⭐️ Project introduction and progress

Fractal Bitcoin is a solution to expand the Bitcoin network, developed by the Unisat team.

🔗For detailed introduction, please refer to Biteye’s tweet: https://x.com/BiteyeCN/status/1826931680923562029

The Fractal mainnet was officially launched, and the first batch of Bootstrap airdrop rewards were issued, with 500,000 $FB airdropped to UniSat users and another 500,000 $FB airdropped to OKX wallet users.

It is mainly used to reward active participants in the Bitcoin ecosystem, including transactions such as runes and inscriptions. It is not difficult to get the minimum living allowance if you meet the conditions. Overall, it is more beneficial to retail investors.

🔗 Airdrop query link: https://fractalbitcoin.io/1-m-fractal-mainnet-bootstrap-program

The total number of tokens airdropped this time is 1 million $FB, which is a drop in the bucket compared to the total issuance of 210 million $FB. It is more for the project to have a better cold start, so that users can have chips to participate in the main network interaction. It is more like a subsidy for users to interact with the main network Gas than an airdrop.

⭐️ Token Economics

Before introducing how to participate, let’s first take a look at the Fractal Bitcoin token model.

The total supply is 210 million tokens, of which 50% is allocated to PoW mining, and the rest is allocated to core contributors, ecosystem treasury, community, advisors, and pre-sales. In other words, the main way for ordinary users to participate in Fractal Bitcoin is through PoW mining.

⭐️ Mining method 1: Mining with mining machine

Fractal has two types of mining: merged mining and permissionless mining.

Specifically, its consensus mechanism is proof of work - the same as Bitcoin. Miners can use existing ASICs, GPUs, and other hardware devices to mine blocks. Merged mining allows miners to mine Fractal Bitcoin blocks simultaneously with the Bitcoin mainnet.

If you use a mining machine to mine, public mining pools such as Fairpool, f2pool, and Solo Fractal can all support it. This method has a relatively high cost and is not suitable for most retail investors. I will not go into details here. Those who are interested can look for tutorials on Youtube.

🔗 In addition, you can check the mining power and difficulty at the following address: https://explorer.unisat.io/fractal-mainnet/mining

⭐️ Mining method 2: computing power leasing

The main feature of computing power leasing is to provide rentable computing power. Users only need to pay the leasing fee to obtain the required computing resources, reducing hardware investment and operation and maintenance costs. By leasing computing power cloud mining, the cost is slightly lower than that of mining machines, and you can also choose single mining or dual mining mode.

The lowest monthly rent for computing power is 3u/T per month, and the cheapest annual rent is 2U+10%/T per month. Mining is 72,000 coins per day, 1/3 joint mining and 2/3 single mining. The risk of renting computing power is not low now. After 7 days, the inscription will be online, and the handling fee income may be much higher. After 28 days, the rune will be online.

Note: when choosing a mining machine company, try to choose a large platform.

⭐️ Mining method three: Buy NFT

Since most users do not have professional mining machines and the computing power is monopolized by large miners, it is difficult for retail investors to participate in mining.

@BitTera_RWA

We have cooperated with top mining pools to launch computing power NFT. Users only need to purchase this NFT to mine $FB tokens. This is currently the most convenient way for retail investors to participate.

As the first mining company of Fractal, BitTera has relatively low risk and high returns. According to the number of mining days, BitTera has launched four NFT products with different computing power, namely 3 days, 7 days, 14 days and 30 days. Each NFT contains 10T computing power.

🔗 Details and purchase link: https://bittera.cloud

From DeFi to NFT to games, there are many projects ready to be launched on Fractal. If you participate in ecosystem projects early, you may have the opportunity to get airdrops in the future. However, the majority of airdrops are still in mining, so everyone can weigh the cost and benefits independently.

🔗 For an inventory of related projects, please refer to Biteye’s tweet: https://x.com/BiteyeCN/status/1826931680923562029

⭐️ Conclusion

Fractal Bitcoin can increase the transaction speed of the Bitcoin network and reduce handling fees. It is of great significance to the entire ecosystem and is likely to become a sought-after target for funds. Therefore, early project interactions can be paid attention to as early as possible and participate while watching.

💡 Risk warning: The above is for information sharing only, not investment advice.