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BitDeer announces new mining plans and 2020 Lunar New Year event

Yash Rajan

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BitDeer announces new mining plans and 2020 Lunar New Year event
Source: BitDeer

Starting from January 17th, 2020, BitDeer will launch their annual Lunar Giveaway Event for their loyal user-base approaching the Chinese Lunar New Year celebrations.

During the Christmas holidays, a plethora of mining plans were launched, including 180-day, 270-day, and 360-day durations of BitDeer’s S17 Pro, S17, T17, and T15. The cost-effective plans for the 360-day cycles for T17, S17, and S17 Pro had equivalent computing power prices of 67.62%, 74.99%, and 66.48% of the price of mining machines, respectively.

BitDeer’s mining plans were a beacon of light during these times as they were lower risk with high output, allowing users the ability to continue in sub-optimal market conditions of a bearish market and higher mining difficulty.

Putting the interests of its community at the forefront of the company’s vision, the 120-day cycle for the Antminer S17 Pro, engineered to allow users to mine before the halvening event, was further launched on January 4th, 2020. It was scheduled to be sold over the course of 10 days but the supply was sold out mid-way due to high demand.

With the power consumption of the S17 Pro at up to 39.5 J/T, and the package electricity rate accounting for only 37%, the expected volatility in the market was easily cut in half and the difficulty and price were both countered.

 $10 million red envelopes and free computing power plans

Beginning on January 17th and running to February 1st, 2020, BitDeer will be rewarding red envelopes as well as rebates and discounts to its customers.

Daily red envelope giveaways

The BitDeer user base will be given red envelopes to open with a total value of more than $10 million in extension coupons and electricity coupons as the company extends its best wishes for a prosperous new year.

Buy one get one free

During this event, users who purchase any BTC/BCH plan with a duration of 360-days can get a free ETH plan. BitDeer.com will be giving a total of over $1,000,000 in ETH plans for free but will be on a first-come-first-served basis.

Electricity discounts

Providing more value for its users, BitDeer is giving its customers who pay the 60 D+ electricity fee an opportunity to get 1% off the price. This discount applies both to new and existing plans. These savings will be given automatically and will show up on the order summary page.

Invite friends to get the BTC bonus, with rebates up to 4%

Users who invite friends to enjoy the bonuses when placing an order will get a commission reward of 4% of the computing power fee for the first order. The rebate is double what is normally given to users in light of the coming Lunar New Year, and is another way that BitDeer.com is giving back to its community. The commission will be paid in BTC to a maximum of $500 per order.

For interested parties looking to participate in the Lunar New Year promotions, please visit official website for more information.

About BitDeer

BitDeer is the world’s leading computing power sharing platform, enabling global users to mine cryptocurrencies in a transparent, reliable, and convenient way. It saves users from the complicated process of purchasing, installing, and hosting mining machines. Individual miners can enjoy the service with just one click.

Founded by Celine Lu in December 2018, BitDeer currently has millions of customers from 223 countries and regions all over the world and ranks at Top 3 in the cloud mining market share.

For more information, please visit website or connect on Facebook, Twitter, YouTube, and VKontakte.

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Disclaimer: This a paid post, and should not be treated as news/advice.

An Advertising and Public Relations graduate, Yash's interests lie in blockchain technology adoption across emerging economies. He is part of the Client Relations team and promotional articles are published by him.

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