CUDOS Markets removes all the technical complexities associated with Bitcoin mining for all Bitcoin enthusiasts. You can now start receiving BTC rewards through owning hashrate collectibles. In the near future you will be able to challenge other collectors in exciting games, for the chance to win extra hashrate.

You can find a walkthrough video here or follow the steps below.

1. 1. Connect your Keplr or Cosmostation wallet for paying for your collectible(s). Additionally, you can connect your MetaMask wallet as well if you wish to pay for your collectible(s) with ETH.
   2. Pass the KYC checks (no documentation needed for less than $1k spend).
   3. Pay the due amount with either CUDOS or ETH.
   4. Your collectible will be minted as an NFT and transferred to your wallet. You can connect to the CUDOS Markets marketplace anytime to view your collectibles.

The option to sell will not be available from the beginning, but it is in the works. Keep in touch for updates on this feature.

You need to have a Bitcoin wallet to receive your rewards. Add your Bitcoin wallet address to your profile on CUDOS Markets.

The Bitcoin earned depends on the total hashrate of the Bitcoin network. There are different models and predictions to try and estimate these parameters, so please do your own research if you wish to go deeper into this subject. We do provide a rewards calculator, which uses a simplified linear model that you can use to see what would happen on average over the whole course of the collectible contract.

The rewards calculator is a basic estimator which is best used as a starting point for you toward understanding the important parameters and building your own forecasts.

If you are buying your collectible with CUDOS you need:

1. 1. Keplr OR Cosmostation wallet to buy/sell your collectibles, as these collectibles are stored as NFTs

If you are buying your collectible with ETH you need:

1. 1. Metamask wallet to pay for your collectible in ETH
   2. Keplr OR Costmostation to connect to the marketplace and to hold your CUDOS that will pay for transaction fees on the CUDOS network.

To receive rewards:

1. 1. You will need to setup a BTC wallet and add your Bitcoin address to your profile

No. CUDOS Markets will do all the heavy lifting on your behalf. Over time you’ll understand the various terms used if you stay engaged with us, such as halving and difficulty rate. Until then, you can hodl your satoshis.

Two fees will be deducted from your rewards. (There will be no further deductions from the returns seen on the calculator).

1. 1. Mining Pool Fees: There will be a 2% mining pool fee for all rewards generated by the hashrate that you own.
   2. Maintenance Fees: A maintenance fee for all electricity costs, labour, and upkeep of the facilities will also be deducted. It will vary from farm to farm and will be shown to the user before purchasing a hashrate digital collectible.

There is a 2.5% fee charged by the platform in case you sell your collectible in the secondary marketplace. Mining farms also charge a fee on secondary sales that is capped at 10%. Blockmole is charging 2.5%.

The fees stated above will always be deducted from the earnings, and buyers will never incur out-of-pocket expenses for example, if the fees exceed the earnings.

There is no guarantee of making a profit from your hashrate collectibles. Rewards are a utility of the hashrate collectible and can vary depending on the market price of BTC, the difficulty rating of the Bitcoin network, and the transaction fees on the Bitcoin network. The CUDOS Markets marketplace includes a calculator tool for you to assess the risk/reward based on the parameters entered.

The rewards calculator is a basic estimator which is best used as a starting point for you toward understanding the important parameters and building your own forecasts.

Every farm has to pass a due diligence process before being verified to list their hashrate collection publicly on the CUDOS Markets marketplace. Information will be provided by the farm to help you with your purchase decision.