Let's first talk about why we need to build BTC layer 2 (Bitcoin's second-layer network). It is nothing more than wanting to solve the problems of BTC network congestion, slow transfer, and expensive transfer fees. Then we need to solve the scalability of Bitcoin, so we need to build a second-layer network for Bitcoin. The promotion and hype of the 2023 bull market inscriptions have contributed greatly, so what will drive the recognized bull market in 2024-2025? The obvious cards are BTC halving, ETFs entering the market through traditional capital, and the expectation of the Fed's interest rate cut, etc.
In addition to these, some new narratives are definitely needed. To put it bluntly, it is to tell new stories (hype). BTC layer 2 is likely to be the next hype topic that will explode!!! Before the bull market comes, make arrangements in advance, so as not to be left without coins!
The unfortunate worker studied until midnight yesterday and rushed into B² Network staking mining. My reasons for participating are as follows:
The coins pledged for mining will be returned in April 2024, and the pledge period is 2 months, which is a short and acceptable period. The Bitcoin price will be halved around April 22. No matter what coin you use to participate in the pledge, you will be forced to lock up your position for 2 months, so that you don't have to sell it again.
The investors of B² Network include OKX Venture, HashKey Capital, Waterdrop Capital, etc. OK participated, so is the chance of listing on OK high? Listing on the stock market is expected to help the price of the coin soar! Besides, the coins given by mining are 0 cost, which is almost risk-free arbitrage!
Regarding platform security, you asked me whether the B² Network project team will run away. I can only say that I have never seen anyone run away at the beginning of the bull market!
B² Network officials have clearly stated that 10% of the token rewards are used to incentivize early users, of which 5% are mining rewards and 5% are distributed in the form of airdrops. At present, there is still a reward coefficient for early mining machine parts. The reward coefficient on February 8 is 1.5, and the reward coefficient on February 7 is still 2. In a few days, the early rewards will be gone! ! ! The earlier you mine, the earlier you assemble the mining machine, and the more BUZZ coins you will mine later. As of 14:00 on February 8, the total locked position of the project is less than 180 million US dollars, and there are only 17,000 participating addresses.
To participate, you need to fill in the invitation code, and the invitation code is hhztR. Here are the specific steps:
Login URL: https://buzz.bsquared.network/?code=hhztR
Click Join now. If you don't understand English, you can use Google Chrome to translate it.
Log in via https://buzz.bsquared.network/?code=hhztR. The default invitation code has been filled in. Click "Join Now"
The next step is to log in to your Twitter account, follow the official Twitter account, and click "Verify"
Click "connect wallet" to link your wallet.
There are 4 different chains to choose from. You can choose according to your convenience. I use BNB Chain (the mining fee is cheaper). After choosing BNB Chain, you can choose your own wallet, MetaMask or OKX wallet. I use OKX web3 wallet (URL: https://www.okx.com/cn/web3) to import the mnemonic. If you don’t have it, install it yourself.
After the wallet is successfully connected, click "continue"
After entering the transfer interface, select the chain you need. I used FDUSD for collateral, and I chose 0.1875 BTC (according to my own cash capacity, but this is the most efficient fund), which corresponds to about 8,200 FDUSD (calculated based on the real-time currency price of the exchange, in case there is not enough, deposit about 100U), enter the amount and click "submit". If you use BTC directly, you don't need to calculate, but you still need to have a little extra.
After the coin transfer is completed, refresh 2-3 minutes later, and you can see your deposited assets and treasure chests. Click on the treasure chests one by one to get mining machine parts rewards. 10 parts can be assembled into a CPU mining machine, 80 parts can be assembled into a GPU mining machine, and then ASIC mining machines. The higher the mining machine, the higher the computing power, and the more BUZZ coins you can mine later. Currently, mining machine parts are available, and you can start mining B² Network project tokens BUZZ after the mining machine is assembled.
Currently, there are still rewards for early mining machine parts. Yesterday, the reward coefficient was 2, and today the reward coefficient has dropped to 1.5. In a few days, the early rewards will probably be gone. The earlier you mine, the earlier you assemble the mining machine, and the more coins you will mine later.
