DHT Tutorial: How to Mine DHT on Dhash

Dhash
4 min readFeb 20, 2021

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DHM TUTORIAL

1. DHM Liquidity Mining Tutorial

  • Open
    https://ht.mdex.com/#/add/0xa71edc38d189767582c38a3145b5873052c3e47a/0xca757a8fc34c5d65f38792f329b05e7d9ca8b18e
  • Provide Liquidity to the pool (USDT+DHM)
  • Enter the official website https://dhash.finance/
  • Open the tab “Mine HBTC”
  • Select the pool “Earn HBTC DHM-USDT LP Mining”
  • After staking in the pool “Earn HBTC DHM-USDT LP Mining”, you will get your LP tokens
  • Open the “Mine DHT Tab”
  • Earn DHT by staking LP Stake Token

2. Earn DHM through staking single token

  • Select DHM Mining: Stake DHM to earn HBTC.
  • The Staking Process:
  • Input the staking amount. Click [STAKE] and [Confirm].
  • The BTC mining starts!
  • DHM makes BTC mining easy. You are now a mining expert.

3. DHM Purchase Tutorial

  • Wiki:
  1. The income distribution is calculated based on the natural days. The natural day time starts and ends according to the UTC standard time zone 0:00 (that is, 8 o’clock Beijing time). For each natural day, the DHM is staked, and the next natural day starts at 8 o’clock for 24 hours (i.e. From 8 o’clock to 8 o’clock the next day) is T+1 and btc is allocated according to the amount of staked DHM that meets the criteria. Starting on the third calendar day (T+2), you can receive the BTC reward that meets the conditions.
  • “All Mined” represents the accumulated number of BTC mined
  • Calculation formula: (single T output × Hashrate × Power Consumption per terahash × BTC price-electricity cost) / BTC price × 70%
  • Calculation period: cumulative

2. Rewards Today represents the amounts of BTC mined today.

3. Total Staked represents the cumulative amount locked.

4. APY represents today’s annual percentage yield. Since the parameters of BTC mining change daily, the value of APY is dynamic.

  • Formula: BTC distributed of the day × BTC price of the day / DHM price / staked amount × 365
  • Calculation period: dynamic

5. HBTC EARNED represents the amount of HBTC you mined through staking DHM.

6. Calculation formula: personal staked amount/total staked amount × DHM production capacity of the entire network of the day

7. Calculation period: cumulative

8. Special note: If you have already received HBTC, the amount will become 0.

9. Estimated Rewards Today represents the estimated amount of HBTC mined today.

  • Calculation formula: theoretical distribution btc (estimated value) of the day / number of tokens staked by the current total network × number of token staked by user
  • Calculation cycle: Daily dynamics

Tips

You can click [WITHDRAW] at any time to pocket your locked DHM and mined HBTC. If you add to your position, it will trigger the HBTC claim action with no fee incurred. This can help you save on-chain transaction fees.

Contact DHM

Telegram: t.me/dhashfinance

t.me/DHMcommunityChina

Twitter: https://twitter.com/DhashFinance

Website: dhash.finance

Customer Support Wechat Account: lina33077

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Dhash
Dhash

Written by Dhash

DHM is the first standardized perpetual hasrate, tradable with exchange-level liquidity. Stake DHM and mine bitcoin now on dhash.finance.

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