Bit Lottery Theory
  • πŸ…±οΈBit Lottery Theory
  • 🎟️Difference from traditional lottery
  • πŸ–¨οΈDifference from BTC mining
  • 🎰Bit Lottery Probability
  • πŸ“©Way of participation
  • πŸ”‚Economic Model
  • πŸ’Donation
  • πŸ€Future plan
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Difference from traditional lottery

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Last updated 6 months ago

Contrast type
Powerball Lottery
Bit Lottery

Draw frequency

3 sessions per week, about 156 times a year

Prize draws are held every 10 minutes, about 52,500 times a year

Guess the prize method

Manual number selection lottery

Calculating the hash value

Purchase cost

$2 per group, $312 per year

Own a physical or virtual ASIC miner

Investment method

Investment per period

One-time investment + electricity fee

Notarization

Government + Notarization

Bitcoin Global Hashrate

Reward

1 million US dollars

About 250,000 US dollars

Redemption Method

Exchange after tax deduction

Distributed to the user’s BTC address

First Prize Winning Rate

About 1 in 300 million

About 1 in 2.4 million to 12 million per day

🎟️