Bitmain reveals their Mining and Shipping policies to share their new ‘Fair and Transparent Ecosystem’

Bitmain reveals their Mining and Shipping policies to share their new ‘Fair and Transparent Ecosystem’
ôîòî ïîêàçàíî ñ : bitcoints.com

2018-7-26 07:37

Chinese mining hardware giant Bitmain, one of the leading Bitcoin (BTC) mining firms worldwide, announced its policies for mining practices, according to an official blogpost July 25.
The recent list of policies intend to show Bitmain’s commitment to providing a “fair and transparent cryptocurrency ecosystem” in terms of policies for mining hardware shipping as well as those of mining practices.
Regarding shipping, Bitmain proposed four major measures including order quantity restriction, establishment of a “first-paid-first-ship” order of fulfillment, combatting “hoarding” practices, as well as publishing monthly reports on shipping updates.
Every 30 days, the company will disclose data advising the community on which algorithms Bitmain is mining for itself as well as the total hashrate of Bitmain hardware on those algorithms.
Bitmain reiterated its zero tolerance policy on “secret mining” practices.

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