BHP is the Bitcoin Hash Power token
One BHP token represents one terahash of a miner. The number of minted token is always less than miners terahashes IBX owns.
You can always check the number of tokens minted on the blockchain as well as the total terahash in IBX mining pool realtime and the quantity of bitcoins mined every single day.
You can use your BHP tokens in our mining farms or if you prefer you can redeem the tokens and have the miner sent to the mining farm of your choice.
the tokens
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BHP is totally transparent
Why us? What we offer?
Improve transparency
Blockchain technology is designed to enhance transparency. All data on the blockchain is accessible for anyone to review, promoting openness and trust in digital transactions
ERC20
You can easily check that each BHP is backed by one Terahash of mining hardware by confronting the number of tokens minted at the ERC20 token smart contract address with the total hashrate of the miners backing the BHP tokens.
Antpool and F2pool
Have a look at the website of BHP mining accounts with Antpool and F2pool you can check realtime the total hashrate and the bitcoins mined every day by the IBX miners.
Token distribution
The bitcoins mined are then distributed to the owner of the BHP tokens that are allocated in our mining farms net of electricity costs (7 euro cents per kWh) for running the share of the miners represented by each token.
Miners behind BHP
Antminer S19 PRO
- Hashrate: 110 T
- Cryptocurrency: BHP/BTC/BCH
- Algorithm: SHA256
- Power: 3250W
Antminer S19J
- Hashrate: 90 T
- Cryptocurrency: BHP/BTC/BCH
- Algorithm: SHA256
- Power: 3420W
Antminer S19 XP
- Hashrate: 140 T
- Cryptocurrency: BHP/BTC/BCH
- Algorithm: SHA256
- Power: 2881W
Antminer S19J PRO
- Hashrate: 100 T
- Cryptocurrency: BHP/BTC/BCH
- Algorithm: SHA256
- Power: 3250W
The miners backing the BHP tokens
In conclusion, IBX AG stands as a leading player in the cryptocurrency mining industry, with a strong emphasis on BHP and Bitcoin mining. The company’s dedication to efficiency, profitability, and global reach has made it a trusted name among investors and cryptocurrency enthusiasts alike. With a track record of success and a bright future ahead, IBX AG continues to shape the landscape of cryptocurrency mining.
Frequently Asked Questions:
Redeem the BHP tokens and get the actual miner
You can redeem the BHP tokens and have the miner sent to your preferred mining farm. You need a number of BHP tokens corresponding to the total terahash of the miner. BHP is backed by various miners model: Antminer XP 140T – S19 pro 110T – S19J 104T- S19J100T – Avalon 1246 90T. When you redeem BHP it is up to IBX to choose with which of the miner models to redeem the tokens. IBX chooses a model according to what is available in stock and out of the mining pools, it could be any one of the models
mentioned above. You need to redeem an amount of BHP tokens corresponding to total terahash of the miner available in stock.
The profitability of cloud mining for different cryptocurrencies can vary significantly and is subject to change due to factors like cryptocurrency prices, network difficulty, and the cost of the cloud mining service itself. Therefore, it’s essential to research and analyze the current market conditions and choose a cryptocurrency that aligns with your investment goals and risk tolerance.
Cloud mining, while offering potential benefits, comes with several risks that investors should be aware of. To minimize these risks when choosing a cloud mining provider’s services, consider the following: Lack of Control over Mining Hardware: Risk: When you use cloud mining services, you don’t have direct control over the mining hardware, including its maintenance and configuration. Mitigation: Choose a reputable and transparent cloud mining provider that offers details about the hardware used, maintenance schedules, and performance. Understand the terms of the contract, including maintenance and service levels.
