What is Gate BTC Mining?

Gate BTC on-chain Mining allows users to participate in mining by staking BTC, earning equivalent GTBTC, and enjoying stable daily returns. According to the latest data before the deadline, the total staking amount has reached 1016.84 BTC, with an estimated annualized return of about 3%, making it a revenue scheme that combines stability and flexibility.

How to participate in Mining?

Gate BTC earning process is simple and clear, divided into three steps:

1. Stake BTC to earn GTBTC
   Users stake BTC, and the system exchanges it at a ratio of 1 BTC = 1 GTBTC, representing your staked assets.
2. Earn daily profits
   Holding GTBTC will automatically generate profits, and the profits in the form of GTBTC will be distributed to the account daily.
3. Redeem BTC at any time
   GTBTC can be redeemed for BTC at a 1:1 ratio at any time, allowing for flexible capital flow and instant credit.

Why choose Gate BTC Mining?

1. Low barrier to entry
   A minimum of only 0.001 BTC is required to participate, making it suitable for all types of investors to experience PoS Mining.
2. Flexible stake and redemption

Support operations at any time, with no lock-in restrictions, allowing you to freely combine different strategies.

1. Daily Dividend
   Daily fixed time for distributing GTBTC earnings, with clear visibility of profits.
2. 100% reserve guarantee
   The platform promises to support user asset security with 100% reserves, reducing risks.

Participate in Gate BTC stake now and start your on-chain mining yield journey:https://www.gate.com/staking/BTC

How is the yield calculated?

GTBTC earnings will be calculated according to the following formula:

• GTBTC earnings = GTBTC holdings × daily annualized / 365 × (1 - service fee)
  The daily annualized yield will be dynamically adjusted based on the rewards actually obtained from the Gate node on the BsquaredNetwork blockchain, and may vary with market fluctuations.

Explanation of Earnings Distribution and Redemption

1. When does the interest start accruing?
   If a user stakes on day D, they will receive their first earnings on day D + 1.
2. When can the earnings be withdrawn?
   Users can redeem GTBTC for BTC at any time, and the funds will be returned to the user’s wallet immediately after the application is submitted.

Summary

Gate’s BTC Staking significantly lowers the traditional Mining threshold, combining on-chain transparency and instant收益 experience, making it a premium choice for BTC holders to explore on-chain gains.