Update for ABTC

Algorithmic Bitcoin
1 min readFeb 10, 2021

A great news that ABTC has finished the mapping with the main network of HECO, and we have restarted the mining at 11:00 am today.

Miners can use the same account as ETH to check their balance at HECO

ABTC address in HECO: 0xFa37A50DA41B4B50E58186ddeA3B6BB19b39A024

New updates as below:

  1. The mining will start from the height of 61550 (61550 has been mined so far).
  2. Mining time and mining rewards have been modified. Average mining time is 1 block per minute, and 1 ABTC will be generated. 0.5 ABTC will be the miners, and 0.5 ABTC will be donated to LP rewarding pool.
  3. Minefee is added. 0.02HT is needed for each block, it costs about 0.02 as the minefee. The minefee of 0.02 will be entered to the buyer’s contract (address 0 x98c3d0074b209f3537cbbd7005e4791a337b4865), anyone can purchase the ABTC with contract every 10 minutes, the purchased ABTC will be donated to the LP reward pool.

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Algorithmic Bitcoin
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