B.TOP is a platform providing one-stop mining service based on real mining machines. The users always have ownership of the mining machine, this is one of the B.TOP's Joint-Mining advantages and different from others platforms. In addition, during the mining process, the users is entitled to terminate mining, resell the shares of the mining machine to B.TOP or withdraw the entire machine as needed, which we call "Liquidation".
Residual value of machine:
market price of used machine x number of shares purchased x (1 - management fee rate*)
For example, if you purchased 100T of shares, the unit price of the share is $25/T, and the total payment was $2500, and if the management fee rate is 20%, the spot price of the used machine is $15/T at the settlement date , then you will get:
15×100×(1-20%) = 1200 USDT
at the close of the liquidation.
If over a three-month period, your cumulative purchases of the same type of mining machine amount to an integral multiple of the total hashpower of that mining machine (which can be accumulated in multiple batches), for example, for Antminer S19-95T, its total hashpower is 95T(shares), the you can withdraw the entire mining machine, but the residual value must be calculated in accordance with the above liquidation rules, and shipping costs must be born by yourself.
For example, if you bought a total of 950T of Antminer S19-95T in three months at B.TOP, which equals 10 Antminer S19s, and if your management fee rate equals to 20%, then you can withdraw the following number of miners:
10 × (1-20%) = 8 units
How to initiate a liquidation:
If you would like to initiate a withdrawal, please contact firstname.lastname@example.org, specifying the batch number and the number of miners to be withdrawn, we will process the liquidation within 5 business days and the residual value will be credited to your account in USDT along with the electricity deposit.
*Please check at your Dashboard and the profit sharing policy for more details.