Forward the original title ‘刚刚！热门比特币项目主网启动’

Fractal Bitcoin can significantly improve Bitcoin network transaction speed and reduce fees, making it a major breakthrough for the entire ecosystem. It also has the potential to attract substantial funding. Therefore, it’s worth paying attention to and interacting with early projects, participating while keeping an eye on developments.

Feeling a bit abstract or unsure how to get started? This post can serve as an entry-level guide!

01 Project Introduction and Progress

Fractal Bitcoin is a Bitcoin network scaling solution developed by the UniSat team. For a detailed introduction, you can refer to Biteye’s previous article: “The Next Big Boom in the Bitcoin Ecosystem is Coming!”

Yesterday, Fractal’s mainnet officially launched, along with the distribution of the first Bootstrap airdrop rewards. 500,000 $FB tokens were airdropped to UniSat users, and another 500,000 $FB tokens were airdropped to OKX wallet users. These airdrops primarily reward active participants in the Bitcoin ecosystem, including those involved in Rune and Inscription transactions. It’s not difficult for eligible users to claim a basic amount, and the overall setup is fairly retail-friendly.

The total airdrop for this round is 1 million $FB tokens, which is a tiny fraction of the total supply of 210 million $FB. The goal of this airdrop is mainly to help the project kickstart and provide users with tokens to participate in mainnet interactions. Rather than calling it an airdrop, it’s more of a gas subsidy for users engaging with the mainnet.

02 Tokenomics

Before diving into how to participate, let’s take a look at the Fractal Bitcoin token model.

The total supply is 210 million tokens, with 50% allocated to PoW (Proof of Work), and the remaining distributed to core contributors, the ecosystem treasury, community, advisors, and presale. This means that the primary way for regular users to participate in Fractal Bitcoin is through PoW.

03 Participation Methods

Method 1: Mining Equipment

Fractal offers two types of PoW: merged and permissionless. Specifically, its consensus mechanism is proof of work, which aligns with Bitcoin. Participants can use existing ASIC, GPU, and other hardware to take part. The merged type allows users to participate in both the Bitcoin mainnet and the Fractal network simultaneously.

For those using mining equipment, Fairpool, f2pool, and Solo Fractal all support this method. However, the associated costs are quite high, making it less suitable for most retail investors. If you’re interested, you can find tutorials on YouTube.

Method 2: Hashrate Rental

The primary feature of hashrate rental is offering rentable computing power. Users only need to pay a rental fee to access the required computing resources, reducing hardware investment and maintenance costs. Renting hashrate is slightly cheaper than purchasing mining equipment.

The lowest monthly rental is 3U/T, while the cheapest annual rental is 2U + 10%/T per month, with participants earning 72,000 coins per day. Renting hashrate comes with considerable risk at the moment. After 7 days, Inscription is expected to go live, which might lead to higher transaction fee earnings. Rune is set to launch 28 days later.

It’s important to choose large platforms when renting hashrate services.

Method 3: Purchasing NFTs

Since most users lack professional mining equipment, and hashrate is dominated by large companies, it’s difficult for retail investors to participate. BitTera, backed by Bitmain and partnered with top institutions, has launched a hashrate NFT. By purchasing this NFT, users can receive $FB token rewards, making it the easiest way for retail investors to get involved.

As Fractal’s first PoW project, BitTera presents relatively low risk and offers potentially higher returns. BitTera has introduced four hashrate NFT products, categorized by duration: 360 days, 7 days, 14 days, and 30 days. Each NFT provides 10T of hashrate.

04 Other Related Projects

From DeFi to NFTs to gaming, several projects are preparing to launch on Fractal. Early participation in ecosystem projects might provide opportunities to earn airdrops in the future. However, the majority of airdrop rewards will likely come from PoW, so participants should weigh the costs and benefits themselves.

For a detailed overview of related projects, you can refer to Biteye’s previous article: “The Next Big Boom in the Bitcoin Ecosystem is Coming!“

💡 Risk Disclaimer: The above is for informational purposes only and not investment advice. Please comply with the laws and regulations of your jurisdiction.

Disclaimer：

1. This article is reprinted from [Biteye]. Forward the original title ‘刚刚！热门比特币项目主网启动’. All copyrights belong to the original author [Biteye 核心贡献者 Viee]*. If there are objections to this reprint, please contact the Gate Learn team, and they will handle it promptly.
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