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The XBT coins purchased by everyone at the NeoxEX exchange were all generated from the block rewards mined by most of the previous Chinese mining facilities using the SV1 protocol. However, the block rewards actually mined using the Bitcoin Knots Node DATUM currently are under a 45-day lock-up period. #XBT# #BLAKE2B# #BitcoinKnots#
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The XBT coins being sold and converted into USDC are all previously mined by Chinese mining farms through the SV1 protocol. The 45-day block reward lock has no impact on them, as their SV1 miner rewards are gradually unlocking. As soon as these rewards are unlocked, they are immediately deposited into NeoxEX for sale. Once the full 45-day period ends and all previous SV1 protocol miner block rewards are fully released, a large volume of XBT coins from Chinese mining farms will hit the market. At that point, your USDC will be completely taken over by these Chinese mining farms! #XBT# #BLAKE2B# #BitcoinKnots#
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Hodling #XBT#, spending Coretardcoin, already 4x more XBT.
This is the XBT wallet from a Chinese mine owner. On September 1st, he started mining XBT coins using the sv1 protocol very early, and the block rewards have now been unlocked completely!
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The development path of XBT coins is still very long. However, Chinese mining operators will only become obstacles for the progress of XBT coins. We should exclude them because they are not believers but merely those pursuing immediate interests. Even if XBT does not receive support from Chinese mining operators, it will still succeed because the liquidity of XBT is continuously rising and is not extracted by Chinese mining operators, and it will attract global attention!
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Stoked to see @zemoon_xbt join the allocators! One of our favorite high-signal accounts under the radar! Follow @zemoon_xbt , He is looking to tip: - Early Calls - Analytics on Robinhood & Pons - Best posts of the day Earn tips 🤝🏽
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People will sell BTC for XBT when the ratio will be 2:1 and will be happy.