What is Gate BTC on-chain Mining?
Gate BTC Mining is an on-chain earning (Staking) product that fully utilizes users’ idle BTC. By simply staking BTC, users can receive GTBTC at a 1:1 ratio and automatically start earning daily profits, achieving the dual goals of stable income and asset appreciation.
Before the deadline, the total staking amount has reached 1,280.91 BTC, with an annualized reference yield of 3.05%, and additional rewards can be obtained.
How to participate in Mining?
- stake BTC
Stake BTC in the Mining product to receive GTBTC at a 1:1 ratio. - Earn daily income
During the holding period of GTBTC, daily earnings can be distributed in the form of GTBTC. - Redeem BTC
You can redeem GTBTC for BTC at a 1:1 ratio at any time, with quick crediting.
Participate in Gate BTC stake immediately and start your on-chain Mining reward journey:https://www.gate.com/staking/BTC
The advantages of Gate BTC Mining
- Low barrier to entry
A minimum of 0.001 BTC is required to participate, suitable for both beginners and experienced users. - Flexible staking and redemption
Supports quick operations, no need for long-term lock-up, flexibly configure your PoS strategy. - Daily distribution of earnings
Automatically distribute GTBTC earnings to your account every day, reflecting the income effect instantly. - 100% reserve mechanism
Full BTC reserves ensure that every user’s assets are safe and secure.
Yield Calculation Method
The yield is calculated using the following formula:
GTBTC earnings = GTBTC holding amount × daily annualized rate / 365 × (1 - service fee)
- Dividend time: Stake on day D, dividend on day D+1
- All earnings are distributed in GTBTC and can be exchanged for BTC at a 1:1 ratio at any time.
The reference annualized return will dynamically change based on the total amount of GTBTC rewards earned daily by Gate validators on BsquaredNetwork, and actual earnings may be adjusted according to market fluctuations.
Frequently Asked Questions
Can I exchange my earnings at any time?
Yes, GTBTC can be redeemed at any time, and BTC will be credited immediately.
Can I cancel the order after successfully staking?
Orders that have been submitted cannot be canceled, but users can re-stake or redeem at any time through the BTC Mining interface.
Summary
Gate BTC mining products simplify traditional staking operations into a more flexible, transparent, and low-threshold form, allowing both long-term holders and short-term arbitrage players to achieve stable returns.
