Introduction of Revenue Sharing
Through Revenue Sharing, your partners can receive a proportionate share of the mining yield from the current account. The system will automatically carry out the Revenue Sharing Plan and transfer the daily yield to the corresponding account after using the [Revenue Sharing] to set the proportion of sharing for the relevant accounts. The whole process is data-transparent, efficient, and convenient.
How to Set the Revenue Sharing?
Steps to set Revenue Sharing:
1. After logging into your ViaBTC account, click [Pool] and [Mining Settings]. Scroll down to the bottom to choose the revenue sharing of the cryptocurrency, and start to set.
2. You can process with the add, edit, and delete.
After completing the settings, please click "Save" on the right to put the settings into effect. The setting will be taken effect immediately after saving and can be modified at any time.
Note: The DOGE is also available for revenue sharing, tick the box “Applicable to sharing revenues of Merged Mining (DOGE)” when you are setting LTC revenue sharing.
FAQs of Revenue Sharing
Q: Are there any restrictions for the participating accounts?
A: It allows for the setting of both main and sub-accounts, and a single account supports multi-currency settings. However, please be noticed up to 20 recipients of accounts could be set for every single cryptocurrency.
Q: How many cryptocurrencies are supported currently?
A: We currently support 10 cryptocurrencies. There are BTC, BCH, XEC, LTC, ETC, ZEC, ZEN, DASH, CKB, HNS, and KAS, except for the cryptocurrencies of Merged Mining (NMC/SYS/ELA). However, Merged Mining (DOGE) is supported exceptionally. In addition, Revenue Sharing supports all mining modes, including “Smart Mining” (the proportion of sharing should be set for the related cryptocurrency).
Q: How to distribute the Revenue Sharing?
A: The daily distribution amount is amassed from 0:00 A.M. to 24:00 P.M. (HKT), then settled with the T+1 method (e.g. Yesterday’s profits will be distributed today）to transfer into the corresponding receiving account(s) on the next day automatically. However, if the balance is insufficient during settlement, the system will not accumulate automatically until the balance is enough before settlement. You may check all sharing history on your account.
Q: Can I make the withdrawal of the on-day Mining Yield after the setting of Revenue Sharing takes effect?
A: The system will freeze the part of the on-day Mining Yield based on the latest proportion of sharing, the rest part could be withdrawn at your own command.