BigONE Announcement: Introducing “Mining Difficulty Value”

Dear Users,

In order to ensure the healthy growth of ONE, we have decided to introduce a “Mining Difficulty Value,” which will set an upper limit on the number of ONE released by “Trade-Mining” and friend referrals each day. The total number of ONE released each day will not exceed the “Mining Difficulty Value” and ONE will be allocated to users proportionally so as not to exceed the limit.

The mining difficulty value will be adjusted each day according to the previous day’s mining difficulty value and total ONE issued. We will announce the day’s mining difficulty value at the start of each day (00:00:00 UTC+8).

The mining difficulty value will be displayed on our home page, where we also display the day’s average ONE price (delayed by no more than one hour) and the total number of ONE generated by platform trading fee rebates and friend referral rebates (expressed in equivalent BTC value).

As the number of released ONE approaches the mining difficulty value, we recommend you reduce or stop trade-mining in order to achieve the higher input and output.

The new rule described above will go into effect on July 13th at 00:00:00 (UTC+8). The number of ONE distributed on July 13th will determine the following day’s mining difficulty value.

Thank you for your continuous support and trust.

BigONE Team

July 12th, 2018